| Cash Flow | 2025-09-30 |
|---|---|
| Net income (loss) from continuing operations | 16,712 |
| Amortization of premiums, discounts, and debt issuance costs, net | 33,208 |
| Stock-based compensation | 5,010 |
| Provision for (recovery of) loan losses | -62,951 |
| Impairment loss on real estate owned, held for sale | 8,476 |
| Depreciation and amortization on real estate owned | 1,100 |
| Repair and denial reserve | 1,627 |
| Paid-in-kind accrued interest | 4,061 |
| Provision for loan losses on purchased future receivables | 0 |
| Valuation allowance (recovery), loans held for sale | -38,761 |
| Net (income) loss of unconsolidated joint ventures, net of distributions | 1,509 |
| Realized (gains) losses, net | -132,945 |
| Unrealized (gains) losses, net | 626 |
| Bargain purchase gain | 112,562 |
| Loans, held for sale, net | 556,246 |
| Derivative instruments | 457 |
| Assets of consolidated vies (excluding loans, net), accrued interest and due from servicers | -41,127 |
| Receivable from third parties | 6,209 |
| Other assets | 111,574 |
| Accounts payable and other accrued liabilities | 8,922 |
| Net cash provided by operating activities from continuing operations | 466,663 |
| Net cash used for operating activities from discontinued operations | -23,784 |
| Net cash provided by operating activities | 442,879 |
| Origination of loans | 420,697 |
| Proceeds from disposition and principal payment of loans | 1,593,480 |
| Funding of investments held to maturity | 2,385 |
| Funding of real estate, held for sale | 964 |
| Proceeds from sale of real estate, held for sale | 57,743 |
| Investment in unconsolidated joint ventures | 20,280 |
| Distributions in excess of cumulative earnings from unconsolidated joint ventures | 9,800 |
| Payment of liabilities under participation agreements | 1,335 |
| Net cash provided by (used for) disposal of discontinued operations | -3,521 |
| Net cash provided by (used for) asset acquisitions | 4,249 |
| Net cash provided by (used for) business acquisitions | -16,020 |
| Net cash provided by investing activities from continuing operations | 1,239,152 |
| Net cash provided by investing activities from discontinued operations | 43,316 |
| Net cash provided by investing activities | 1,282,468 |
| Proceeds from secured borrowings | 2,710,938 |
| Repayment of secured borrowings | 1,870,521 |
| Repayment of the paycheck protection program liquidity facility borrowings | 10,451 |
| Repayment of securitized debt obligations of consolidated vies | 2,295,827 |
| Proceeds from senior secured note | 290,250 |
| Repayment of corporate debt | 232,140 |
| Repayment of guaranteed loan financing | 147,002 |
| Payment of deferred financing costs | 25,940 |
| Common stock repurchased | 65,721 |
| Settlement of share-based awards in satisfaction of withholding tax requirements | 1,964 |
| Dividend payments | 90,716 |
| Distributions, net | 0 |
| Net cash used for financing activities from continuing operations | -1,739,094 |
| Net cash provided by (used for) financing activities from discontinued operations | -4,324 |
| Net cash used for financing activities | -1,743,418 |
| Net decrease in cash, cash equivalents, and restricted cash including cash classified within assets held for sale | -18,071 |
| Less net decrease in cash and cash equivalents within assets held for sale | -29,792 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 11,721 |
| Cash and cash equivalents at beginning of period | 182,774 |
| Cash and cash equivalents at end of period | 194,495 |
Ready Capital Corp (RCC)
Ready Capital Corp (RCC)