CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income	$ 232,354	$ 215,968
Interest expense	(183,805)	(158,868)
Net interest income before recovery of loan losses	48,549	57,100
Recovery of loan losses	26,544	6,734
Net interest income after recovery of loan losses	75,093	63,834
Non-interest income
Net realized gain (loss) on financial instruments and real estate owned	18,868	11,575
Net unrealized gain (loss) on financial instruments	4,632	(5,635)
Valuation allowance, loans held for sale	(146,180)
Servicing income, net of amortization and impairment of $3,697 and $1,759	3,758	4,642
Income on purchased future receivables, net of allowance for credit losses of $1,206 and $1,594	446	540
Income on unconsolidated joint ventures	468	656
Other income	15,380	19,852
Total non-interest income	(102,628)	31,630
Non-interest expense
Professional fees	(7,065)	(5,543)
Loan servicing expense	(12,794)	(8,155)
Transaction related expenses	(650)	(893)
Other operating expenses	(30,187)	(12,609)
Total non-interest expense	(78,258)	(56,054)
Income (loss) from continuing operations before provision for income taxes	(105,793)	39,410
Income tax benefit (provision)	30,211	(901)
Net income (loss) from continuing operations	(75,582)	38,509
Discontinued operations (refer to Note 9)
Income (loss) from discontinued operations before benefit (provision) for income taxes	1,887	(2,041)
Income tax benefit (provision)	(472)	510
Net income (loss) from discontinued operations	1,415	(1,531)
Net income (loss)	(74,167)	36,978
Less: Dividends on preferred stock	1,999	1,999
Less: Net income attributable to non-controlling interest	117	1,835
Net income (loss) attributable to Ready Capital Corporation	$ (76,283)	$ 33,144
Earnings per basic common share
Earnings per common share from continuing operations - basic	$ (0.45)	$ 0.31
Earnings per common share from discontinued operations - basic	0.01	(0.01)
Total earnings per common share - basic	(0.44)	0.30
Earnings per diluted common share
Earnings per common share from continuing operations - diluted	(0.45)	0.30
Earnings per common share from discontinued operations - diluted	0.01	(0.01)
Total earnings per common share - diluted	$ (0.44)	$ 0.29
Weighted-average shares outstanding
Basic	172,032,866	110,672,939
Diluted	173,104,415	121,025,909
Dividends declared per share of common stock	$ 0.30	$ 0.40
Nonrelated party
Non-interest expense
Employee compensation and benefits	$ (18,414)	$ (19,727)
Related Party
Non-interest expense
Employee compensation and benefits	(2,500)	(2,326)
Management fees - related party	$ (6,648)	(5,081)
Incentive fees - related party		$ (1,720)