| BALANCE SHEET QUARTER BY Cash and cash equivalents $ 70,590 $ 63,425 $ 86,773 $ 105,833 $ 47,845 Short-term investments 99,994 — — — — Loans, held f or sale, at f air value 200,318 216,022 160,999 188,752 124,988 Loans eligible f or repurchase f rom Ginnie Mae 101,408 95,158 81,484 79,623 79,600 Derivative instruments 4,131 4,725 5,022 4,758 5,846 Receivable f rom third parties 6,756 6,756 11,064 980 1,529 Assets of consolidated VIEs 944,894 861,662 968,999 1,122,706 1,053,274 Liabilitie s Promissory note, net 6,494 6,107 5,883 5,524 5,363 Convertible notes, net 109,414 108,991 109,226 109,484 109,743 Guaranteed loan f inancing 313,388 293,045 278,500 263,920 246,229 Liabilities f or loans eligible f or repurchase f rom Ginnie Mae 101,408 95,158 81,484 79,623 79,600 Dividends payable 12,289 12,289 12,335 13,340 13,346 Total Liabilitie s $ 1,948,090 $ 1,968,036 $ 2,079,198 $ 2,248,422 $ 2,331,723 Common stock 3 3 3 3 3 Retained earnings (Def icit) (3,952) (3,385) 2,559 5,870 9,698 Non-controlling interests 19,338 19,394 19,737 19,228 19,466 Total Liabilitie s and Stock holde r s ’ Equity $ 2,503,143 $ 2,523,503 $ 2,640,954 $ 2,812,980 $ 2,900,759 20 Adjus te d Book Value pe r Shar e $ 16.68 $ 16.67 $ 16.68 $ 16.95 $ 17.08 Total Stock holde r s ’ Equity $ 555,053 $ 555,467 $ 561,756 $ 564,558 $ 569,036 Total Ready Capital Corporation equity 535,715 536,073 542,019 545,330 549,570 Additional paid-in capital 539,664 539,455 539,457 539,457 539,869 Stock holde r s ’ Equity Accounts payable and other accrued liabilities 54,579 74,636 64,490 72,659 79,089 Derivative instruments 358 282 756 935 39 Contingent consideration 9,037 10,016 10,732 1,686 1,773 Senior secured notes and Corporate notes, net 138,074 138,078 178,688 226,890 227,058 Securitized debt obligations of consolidated VIEs, net 680,282 598,148 679,871 795,503 752,432 Secured borrow ings 522,767 631,286 657,233 678,858 817,051 Total As s e ts $ 2,503,143 $ 2,523,503 $ 2,640,954 $ 2,812,980 $ 2,900,759 Other assets 35,356 56,840 53,592 56,948 59,160 Servicing rights 89,372 94,038 104,613 111,274 118,221 Investment in unconsolidated joint venture— 55,369 50,229 41,598 40,914 Mortgage backed securities, at f air value 41,371 39,922 47,181 50,070 94,341 Loans, net 892,896 1,017,920 1,057,034 1,035,330 1,256,177 Restricted cash 16,057 11,666 13,964 15,108 18,864 (In Thous ands ) 9/30/2017 12/31/2017 3/31/2018 6/30/2018 9/30/2018 As s e ts |