$RC
Ready Capital Corp Stock $rc

$rc Overview Financials Valuation SEC Filings Company Website

2015 Q3 Form 10-Q Financial Statement

#000114420415063110 Filed on November 05, 2015

Income Statement

Concept	2015 Q3	2014 Q3
Revenue	$10.60M	$9.200M
YoY Change	15.22%	-2.13%
Cost Of Revenue	$5.500M	$1.500M
YoY Change	266.67%	7.14%
Gross Profit	$5.100M	$7.700M
YoY Change	-33.77%	-3.75%
Gross Profit Margin	48.11%	83.7%
Selling, General & Admin	$7.900M	-$2.200M
YoY Change	-459.09%	100.0%
% of Gross Profit	154.9%	-28.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$200.0K
YoY Change
% of Gross Profit	3.92%
Operating Expenses	$3.461M	$1.666M
YoY Change	107.73%	-57.28%
Operating Profit	$1.639M	$6.034M
YoY Change	-72.84%	47.17%
Interest Expense	$4.712M	$4.492M
YoY Change	4.9%	92.52%
% of Operating Profit	287.51%	74.44%
Other Income/Expense, Net	$953.9K	$11.00M
YoY Change	-91.33%
Pretax Income	-$6.962M	$1.280M
YoY Change	-643.98%	-68.79%
Income Tax	-$250.5K	$0.00
% Of Pretax Income		0.0%
Net Earnings	-$6.711M	$1.280M
YoY Change	-624.41%	-69.15%
Net Earnings / Revenue	-63.32%	13.91%
Basic Earnings Per Share	-$0.76	$0.14
Diluted Earnings Per Share	-$0.76	$0.14
COMMON SHARES
Basic Shares Outstanding	7.971M shares	7.971M shares
Diluted Shares Outstanding	8.898M shares	8.898M shares

Balance Sheet

Concept	2015 Q3	2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$29.40M	$25.80M
YoY Change	13.95%	20.0%
Cash & Equivalents	$29.37M	$25.78M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$29.40M	$25.80M
YoY Change	13.95%	20.0%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill	$14.18M
YoY Change
Intangibles	$5.077M
YoY Change
Long-Term Investments	$571.7M	$687.6M
YoY Change	-16.86%	29.42%
Other Assets	$4.000M	$7.000M
YoY Change	-42.86%	133.33%
Total Long-Term Assets	$749.7M	$695.8M
YoY Change	7.74%	29.32%
TOTAL ASSETS
Total Short-Term Assets	$29.40M	$25.80M
Total Long-Term Assets	$749.7M	$695.8M
Total Assets	$779.1M	$721.6M
YoY Change	7.97%	28.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$18.40M	$3.700M
YoY Change	397.3%	76.19%
Accrued Expenses		$2.000M
YoY Change		233.33%
Deferred Revenue
YoY Change
Short-Term Debt	$474.1M	$458.8M
YoY Change	3.33%	22.51%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$496.1M	$468.1M
YoY Change	5.98%	22.67%
LONG-TERM LIABILITIES
Long-Term Debt	$56.20M	$55.20M
YoY Change	1.81%
Other Long-Term Liabilities	$43.70M	$1.600M
YoY Change	2631.25%	166.67%
Total Long-Term Liabilities	$99.90M	$56.80M
YoY Change	75.88%	9366.67%
TOTAL LIABILITIES
Total Short-Term Liabilities	$496.1M	$468.1M
Total Long-Term Liabilities	$99.90M	$56.80M
Total Liabilities	$595.9M	$524.9M
YoY Change	13.53%	37.29%
SHAREHOLDERS EQUITY
Retained Earnings	-$148.3K	$12.02M
YoY Change	-101.23%	-320.66%
Common Stock	$798.00	$798.00
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$164.1M	$176.2M
YoY Change
Total Liabilities & Shareholders Equity	$779.1M	$721.6M
YoY Change	7.97%	28.97%

Cashflow Statement

Concept	2015 Q3	2014 Q3
OPERATING ACTIVITIES
Net Income	-$6.711M	$1.280M
YoY Change	-624.41%	-69.15%
Depreciation, Depletion And Amortization	$200.0K
YoY Change
Cash From Operating Activities	-$4.000M	$4.200M
YoY Change	-195.24%	147.06%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$12.70M	-$11.20M
YoY Change	-213.39%	-143.75%
Cash From Investing Activities	$12.70M	-$11.20M
YoY Change	-213.39%	-143.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-7.900M	5.300M
YoY Change	-249.06%	-119.56%
NET CHANGE
Cash From Operating Activities	-4.000M	4.200M
Cash From Investing Activities	12.70M	-11.20M
Cash From Financing Activities	-7.900M	5.300M
Net Change In Cash	800.0K	-1.700M
YoY Change	-147.06%	-950.0%
FREE CASH FLOW
Cash From Operating Activities	-$4.000M	$4.200M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2015Q3	zfc	Liability For Loans Eligible For Repurchase LiabilityForLoansEligibleForRepurchase	28479596	USD
CY2014Q4	zfc	Liability For Loans Eligible For Repurchase LiabilityForLoansEligibleForRepurchase	21710284	USD
CY2015Q3	us-gaap	Liabilities Liabilities	595928484	USD
CY2014Q4	us-gaap	Liabilities Liabilities	599014793	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2015-09-30
CY2014Q4	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	11430413	USD
CY2015Q3	us-gaap	Derivative Liabilities DerivativeLiabilities	2593972	USD
CY2014Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	3559120	USD
CY2015Q3	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	18389845	USD
	dei	Entity Central Index Key EntityCentralIndexKey	0001527590
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
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CY2015Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	29366231	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	33791013	USD
CY2015Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	4026267	USD
	dei	Document Type DocumentType	10-Q
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Registrant Name EntityRegistrantName	ZAIS Financial Corp.
	dei	Trading Symbol TradingSymbol	ZFC
CY2014Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	7143078	USD
CY2015Q3	us-gaap	Cost Method Investments CostMethodInvestments	1074313	USD
CY2014Q4	us-gaap	Cost Method Investments CostMethodInvestments	1338935	USD
CY2015Q3	us-gaap	Financial Instruments Owned Other At Fair Value FinancialInstrumentsOwnedOtherAtFairValue	15209050	USD
CY2014Q4	us-gaap	Financial Instruments Owned Other At Fair Value FinancialInstrumentsOwnedOtherAtFairValue	2040532	USD
CY2015Q3	zfc	Loans Eligible For Repurchase From Agency LoansEligibleForRepurchaseFromAgency	28479596	USD
CY2014Q4	zfc	Loans Eligible For Repurchase From Agency LoansEligibleForRepurchaseFromAgency	21710284	USD
CY2015Q3	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	42044651	USD
CY2014Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	33378978	USD
CY2015Q3	us-gaap	Derivative Assets DerivativeAssets	3528739	USD
CY2014Q4	us-gaap	Derivative Assets DerivativeAssets	2485100	USD
CY2015Q3	us-gaap	Other Assets OtherAssets	7013304	USD
CY2014Q4	us-gaap	Other Assets OtherAssets	6092863	USD
CY2015Q3	us-gaap	Goodwill Goodwill	14183537	USD
CY2014Q4	us-gaap	Goodwill Goodwill	16512680	USD
CY2015Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	5077355	USD
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CY2015Q3	us-gaap	Assets Assets	779100280	USD
CY2014Q4	us-gaap	Assets Assets	792398605	USD
CY2015Q3	us-gaap	Warehouse Agreement Borrowings WarehouseAgreementBorrowings	104216594	USD
CY2014Q4	us-gaap	Warehouse Agreement Borrowings WarehouseAgreementBorrowings	89417564	USD
CY2015Q3	zfc	Loan Repurchase Facilities LoanRepurchaseFacilities	295315030	USD
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CY2015Q3	us-gaap	Senior Notes SeniorNotes	56240664	USD
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CY2015Q3	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	12612664	USD
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CY2015Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	3559120	USD
CY2015Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q3	us-gaap	Common Stock Value CommonStockValue	798	USD
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	798	USD
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CY2015Q3	us-gaap	Stockholders Equity StockholdersEquity	164060145	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	173238362	USD
CY2014Q4	us-gaap	Minority Interest MinorityInterest	20145450	USD
CY2015Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	183171796	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	193383812	USD
CY2015Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	779100280	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	792398605	USD
	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	6687328	USD
	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	11549506	USD
CY2015Q3	us-gaap	Other Interest And Dividend Income OtherInterestAndDividendIncome	230998	USD
CY2014Q3	us-gaap	Other Interest And Dividend Income OtherInterestAndDividendIncome	186986	USD
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
	us-gaap	Noninterest Income NoninterestIncome	35750028	USD
	us-gaap	Noninterest Income NoninterestIncome	0	USD
	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	316697	USD
	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-5528747	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	14714617	USD
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CY2014Q3	zfc	Income Loss From Mortgage Banking Activities Net IncomeLossFromMortgageBankingActivitiesNet	0	USD
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CY2015Q3	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	5881088	USD
CY2014Q3	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	0	USD
CY2015Q3	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	15668	USD
CY2015Q3	us-gaap	Interest And Fee Income Loans And Leases Held In Portfolio InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio	6447802	USD
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CY2014Q3	us-gaap	Interest And Fee Income Loans Held For Sale Mortgages InterestAndFeeIncomeLoansHeldForSaleMortgages	0	USD
	us-gaap	Interest And Fee Income Loans Held For Sale Mortgages InterestAndFeeIncomeLoansHeldForSaleMortgages	2387695	USD
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CY2014Q3	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	3976315	USD
	us-gaap	Other Interest And Dividend Income OtherInterestAndDividendIncome	327379	USD
	us-gaap	Other Interest And Dividend Income OtherInterestAndDividendIncome	468541	USD
CY2015Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	9650952	USD
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CY2015Q3	zfc	Interest Expense Lines Of Credit InterestExpenseLinesOfCredit	574977	USD
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CY2015Q3	us-gaap	Interest Expense Other Long Term Debt InterestExpenseOtherLongTermDebt	1449476	USD
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	us-gaap	Interest Expense Other Long Term Debt InterestExpenseOtherLongTermDebt	4256155	USD
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	us-gaap	Interest Expense InterestExpense	12812015	USD
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	us-gaap	Mortgage Servicing Rights Msr Impairment Recovery MortgageServicingRightsMSRImpairmentRecovery	5658280	USD
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	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	0	USD
CY2015Q3	us-gaap	Noninterest Income NoninterestIncome	8943047	USD
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CY2015Q3	us-gaap	Sponsor Fees SponsorFees	760066	USD
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	us-gaap	Sponsor Fees SponsorFees	2188354	USD
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CY2014Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	130301	USD
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CY2015Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	7681983	USD
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	us-gaap	Operating Expenses OperatingExpenses	10333959	USD
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CY2015Q3	us-gaap	Noninterest Expense NoninterestExpense	12857112	USD
CY2014Q3	us-gaap	Noninterest Expense NoninterestExpense	3424026	USD
	us-gaap	Noninterest Expense NoninterestExpense	38759331	USD
	us-gaap	Noninterest Expense NoninterestExpense	10753745	USD
CY2015Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-250491	USD
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	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2503896	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2015Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-6961909	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1279798	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2919240	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	29634792	USD
CY2015Q3	us-gaap	Profit Loss ProfitLoss	-6711418	USD
CY2014Q3	us-gaap	Profit Loss ProfitLoss	1279798	USD
	us-gaap	Profit Loss ProfitLoss	415344	USD
	us-gaap	Profit Loss ProfitLoss	29634792	USD
CY2015Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-670672	USD
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7970886	shares
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	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	7970886	shares
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CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8897800	shares
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8897800	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8897800	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10677360	shares
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	177768562	USD
CY2014Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	196725994	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1112298	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1112298	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	9565062	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	9565062	USD
	us-gaap	Proceeds From Sale And Collection Of Loans Heldforsale ProceedsFromSaleAndCollectionOfLoansHeldforsale	0	USD
	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	1449538666	USD
	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	0	USD
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	zfc	Gain Loss On Sales Of Mortgage Loans Held For Sale GainLossOnSalesOfMortgageLoansHeldForSale	0	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	25777158	USD
	us-gaap	Interest Paid InterestPaid	12113395	USD
	us-gaap	Interest Paid InterestPaid	11405140	USD
	zfc	Increase Decrease In Servicing Assets IncreaseDecreaseInServicingAssets	14323953	USD
	zfc	Increase Decrease In Servicing Assets IncreaseDecreaseInServicingAssets	0	USD
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	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	6025503	USD
	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	84795975	USD
	us-gaap	Proceeds From Sale And Collection Of Mortgage Notes Receivable ProceedsFromSaleAndCollectionOfMortgageNotesReceivable	25854329	USD
	us-gaap	Proceeds From Sale And Collection Of Mortgage Notes Receivable ProceedsFromSaleAndCollectionOfMortgageNotesReceivable	16274473	USD
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	6362138	USD
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	47034324	USD
	us-gaap	Proceeds From Collection Of Retained Interest In Securitized Receivables ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables	13975960	USD
	us-gaap	Proceeds From Collection Of Retained Interest In Securitized Receivables ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables	23648183	USD
	zfc	Proceeds From Sale Of Real Estate Securities ProceedsFromSaleOfRealEstateSecurities	26770760	USD
	zfc	Proceeds From Sale Of Real Estate Securities ProceedsFromSaleOfRealEstateSecurities	12318845	USD
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	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	12926954	USD
	us-gaap	Proceeds From Sale And Maturity Of Other Investments ProceedsFromSaleAndMaturityOfOtherInvestments	2241387	USD
	us-gaap	Proceeds From Sale And Maturity Of Other Investments ProceedsFromSaleAndMaturityOfOtherInvestments	0	USD
	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	0	USD
	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	4803750	USD
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	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	14799030	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	0	USD
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	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	32257187	USD
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	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-31283648	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	57060806	USD
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	us-gaap	Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1 NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1	2134106	USD
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CY2015Q3	us-gaap	Servicing Fees Net ServicingFeesNet	1740107	USD
CY2015Q3	us-gaap	Principal Amount Outstanding On Loans Held For Sale Or Securitization PrincipalAmountOutstandingOnLoansHeldForSaleOrSecuritization	108361961	USD
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	zfc	Origination Of Mortgage Loans Held For Investment OriginationOfMortgageLoansHeldForInvestment	0	USD
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CY2015Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	197085	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	591256	USD
CY2015Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	788340	USD
CY2015Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	732776	USD
CY2015Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	455004	USD
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CY2015Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	455004	USD
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CY2013Q4	us-gaap	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield	223401697	USD
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CY2014Q3	us-gaap	Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield	275310136	USD
CY2015Q3	us-gaap	Other Real Estate And Foreclosed Assets OtherRealEstateAndForeclosedAssets	1235973	USD
CY2014Q4	us-gaap	Other Real Estate And Foreclosed Assets OtherRealEstateAndForeclosedAssets	1282669	USD
CY2015Q3	us-gaap	Mortgage Loans In Process Of Foreclosure Amount MortgageLoansInProcessOfForeclosureAmount	7248620	USD
CY2014Q4	us-gaap	Mortgage Loans In Process Of Foreclosure Amount MortgageLoansInProcessOfForeclosureAmount	4762509	USD
CY2015Q3	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	114670811	USD
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	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	1481473208	USD
CY2014Q4	us-gaap	Mortgages Held For Sale Fair Value Disclosure MortgagesHeldForSaleFairValueDisclosure	97690960	USD
	us-gaap	Servicing Asset At Fair Value Other Changes That Affect Balance ServicingAssetAtFairValueOtherChangesThatAffectBalance	14323953	USD
	us-gaap	Asset At Fair Value Changes In Fair Value Resulting From Changes In Assumptions AssetAtFairValueChangesInFairValueResultingFromChangesInAssumptions	3571775	USD
	us-gaap	Servicing Asset At Fair Value Other Changes In Fair Value ServicingAssetAtFairValueOtherChangesInFairValue	2086505	USD
CY2015Q3	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	2729891	USD
	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	7613023	USD
CY2015Q3	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	29	USD
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	zfc	Contractually Specified Subservicing Fees Amount ContractuallySpecifiedSubservicingFeesAmount	2568246	USD
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CY2015Q3	us-gaap	Line Of Credit Facility Average Outstanding Amount LineOfCreditFacilityAverageOutstandingAmount	694916	USD
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	us-gaap	Line Of Credit Facility Average Outstanding Amount LineOfCreditFacilityAverageOutstandingAmount	192380	USD
CY2014Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	673052	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	2503896	USD
CY2015Q3	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.3500	pure
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CY2015Q3	zfc	Weighted Average Number Of Sharesop Units WeightedAverageNumberOfSharesopUnits	926914	shares
CY2014Q3	zfc	Weighted Average Number Of Sharesop Units WeightedAverageNumberOfSharesopUnits	926914	shares
	zfc	Weighted Average Number Of Sharesop Units WeightedAverageNumberOfSharesopUnits	926914	shares
	zfc	Weighted Average Number Of Sharesop Units WeightedAverageNumberOfSharesopUnits	926914	shares
CY2015Q3	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
CY2014Q3	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	0	shares
	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	1779560	shares
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.97
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	909686	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	731725	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	628901	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	129938	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	0	USD
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	0	USD
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross	475304121	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross	493384515	USD
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset	0	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset	0	USD
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned	475304121	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned	493384515	USD
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities	472022082	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities	492700259	USD
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash	3282039	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash	684256	USD
CY2015Q3	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral	0	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral	0	USD
CY2015Q3	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	92643	USD
	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	298996	USD
CY2015Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	953908	USD
	us-gaap	Interest Income Operating InterestIncomeOperating	28899697	USD
	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	-10036457	USD
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	933686	USD
	us-gaap	Other Expenses OtherExpenses	2371197	USD
CY2015Q3	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	401206350	USD
CY2014Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	415959838	USD
CY2015Q3	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	113220076	USD
CY2014Q4	us-gaap	Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue	148585733	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	9029947	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	694173	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	3065370	USD
CY2015Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q3	us-gaap	Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements	399301401	USD
CY2014Q4	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	pure
CY2014Q4	us-gaap	Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements	415814067	USD
CY2015Q3	zfc	Mortgage Loans Held For Sale Amount Pledged As Collateral MortgageLoansHeldForSaleAmountPledgedAsCollateral	114303003	USD
CY2014Q4	zfc	Mortgage Loans Held For Sale Amount Pledged As Collateral MortgageLoansHeldForSaleAmountPledgedAsCollateral	97690960	USD
CY2015Q3	us-gaap	Financial Instruments Owned And Pledged As Collateral At Fair Value FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue	99239271	USD
CY2014Q4	us-gaap	Financial Instruments Owned And Pledged As Collateral At Fair Value FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue	135779193	USD
CY2015Q3	us-gaap	Pledged Assets Not Separately Reported Other Financial Instruments PledgedAssetsNotSeparatelyReportedOtherFinancialInstruments	0	USD
CY2014Q4	us-gaap	Pledged Assets Not Separately Reported Other Financial Instruments PledgedAssetsNotSeparatelyReportedOtherFinancialInstruments	2040532	USD
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2015Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7970886	shares
CY2015Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7970886	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7970886	shares
CY2015Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7970886	shares
	us-gaap	Concentration Risk Credit Risk Uninsured Deposits ConcentrationRiskCreditRiskUninsuredDeposits	The Company's deposits with financial institutions may exceed federally insurable limits of $250,000 per institution.
CY2015Q3	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	264115	USD
CY2015Q3	us-gaap	Operating Leases Rent Expense Minimum Rentals OperatingLeasesRentExpenseMinimumRentals	188811	USD
	us-gaap	Operating Leases Rent Expense Minimum Rentals OperatingLeasesRentExpenseMinimumRentals	557331	USD
	us-gaap	Lessee Leasing Arrangements Operating Leases Renewal Term LesseeLeasingArrangementsOperatingLeasesRenewalTerm	P5Y
	us-gaap	Nature Of Operations NatureOfOperations	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: bold 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: bold 10pt Times New Roman, Times, Serif" align="justify">1. Formation and Organization</div>   <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">ZAIS Financial Corp. (the "Company") is a Maryland corporation that originates, acquires, finances, sells, services and manages residential mortgage loans. GMFS, LLC (“GMFS”), a mortgage banking platform the Company acquired in October 2014, originates, sells and services mortgage loans and the Company acquires performing, re-performing and newly originated loans through other channels. The Company also invests in, finances and manages residential mortgage-backed securities ("RMBS") that are not issued or guaranteed by a federally chartered corporation, such as the Federal National Mortgage Association ("Fannie Mae"), the Federal Home Loan Mortgage Corporation ("Freddie Mac"), or an agency of the U.S. Government, such as Government National Mortgage Association ("Ginnie Mae") ("non-Agency RMBS"), with an emphasis on securities that, when originally issued, were rated in the highest rating category by one or more of the nationally recognized statistical rating organizations. The Company also has the discretion to invest in RMBS that are issued or guaranteed by a federally chartered corporation or a U.S. Government agency ("Agency RMBS"), including through To-Be-Announced ("TBA") contracts, and in other real estate-related and financial assets, such as interest only strips created from RMBS ("IOs"), commercial mortgage-backed securities ("CMBS") and asset-backed securities ("ABS"). The Company refers collectively to the assets it targets as its target assets.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The Company's income is generated primarily by the net spread between the income it earns on its assets and the cost of its financing and hedging activities in its residential mortgage investments segment, and the origination, sale and servicing of residential mortgage loans in its residential mortgage banking segment. The Company's objective is to provide attractive risk-adjusted returns to its stockholders, primarily through quarterly dividend distributions and secondarily through capital appreciation.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The Company was incorporated in Maryland on May 24, 2011, and has elected to be taxed and to qualify as a real estate investment trust ("REIT") beginning with the taxable year ended December 31, 2011. The Company completed its formation transaction and commenced operations on July 29, 2011. On February 13, 2013, the Company completed its initial public offering ("IPO"), pursuant to which the Company sold <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 5,650,000</font> shares of its common stock at a price of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">21.25</font> per share for gross proceeds of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">120.1</font> million. Net proceeds, after the payment of offering costs of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">1.2</font> million, were $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">118.9</font> million.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The Company's charter authorizes the issuance of up to <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 500,000,000</font> shares of common stock with a par value of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">0.0001</font> per share, and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 50,000,000</font> shares of preferred stock, with a par value of $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">0.0001</font> per share. The Company's board of directors is authorized to amend its charter, without the approval of stockholders, to increase the aggregate number of authorized shares of capital stock or the number of shares of any class or series of capital stock or to classify and reclassify any unissued shares of its capital stock into other classes or series of stock that the Company has the authority to issue.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The Company is the sole general partner of, and conducts substantially all of its business through, ZAIS Financial Partners, L.P., the Company's consolidated operating partnership subsidiary (the "Operating Partnership"). The Company is externally managed by ZAIS REIT Management, LLC (the "Advisor"), a subsidiary of ZAIS Group, LLC ("ZAIS"), and has no employees except for those employed by GMFS. At September 30, 2015, GMFS had 240 employees.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: bold italic 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: bold italic 10pt Times New Roman, Times, Serif" align="justify">Estimates</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results may ultimately differ from those estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2015Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	722645	USD
CY2014Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	131389	USD
CY2015Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	197085	USD
CY2015Q3	zfc	Servicing Advances ServicingAdvances	1737586	USD
CY2014Q4	zfc	Servicing Advances ServicingAdvances	1987073	USD
CY2015Q3	us-gaap	Escrow Deposit EscrowDeposit	41105931	USD
CY2014Q4	us-gaap	Escrow Deposit EscrowDeposit	25619979	USD
CY2014Q3	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2014Q3	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	USD
CY2014Q3	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0	USD
	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	USD
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0	USD
CY2014Q3	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	0	USD
	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	0	USD
CY2014Q3	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	0	USD
	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	0	USD
CY2014Q3	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	USD
CY2015Q3	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	4907148	USD
	zfc	Operating Loss Carryforwards Expiration Description OperatingLossCarryforwardsExpirationDescription	The Company is allowed to carryforward its net operating losses for 20 years under U.S. Federal Income Tax law and between 12 and 20 years in the majority of states which it operates in. The Company's net operating losses will expire between the years 2026-2035.
	zfc	Expiration Date ExpirationDate	November 2015 September 2016
CY2014	zfc	Expiration Date ExpirationDate	January 2015 June 2016
CY2015Q3	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-5753002	USD
CY2014Q3	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	915797	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-5632684	USD
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	23566322	USD
	us-gaap	Threshold Period Past Due For Writeoff Of Financing Receivable ThresholdPeriodPastDueForWriteoffOfFinancingReceivable	P60D
	zfc	Notional Balance Of Io NotionalBalanceOfIo	35900000	USD
CY2015Q3	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	333019	USD
	zfc	Goodwill Tax Deductible Period GoodwillTaxDeductiblePeriod	P15Y
CY2014	invest	Investment Options Expiration Date InvestmentOptionsExpirationDate	2015-01-15
	us-gaap	Mortgage Loans On Real Estate Minimum Interest Rate In Range MortgageLoansOnRealEstateMinimumInterestRateInRange	0.0175	pure
CY2014	us-gaap	Mortgage Loans On Real Estate Minimum Interest Rate In Range MortgageLoansOnRealEstateMinimumInterestRateInRange	0.0175	pure
	us-gaap	Mortgage Loans On Real Estate Maximum Interest Rate In Range MortgageLoansOnRealEstateMaximumInterestRateInRange	0.1220	pure
CY2014	us-gaap	Mortgage Loans On Real Estate Maximum Interest Rate In Range MortgageLoansOnRealEstateMaximumInterestRateInRange	0.1220	pure
CY2015Q3	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2014Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	3559120	USD
CY2014Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	357663	USD
CY2014	zfc	Notional Balance Of Io NotionalBalanceOfIo	48600000	USD
	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2015Q3	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	USD
	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0	USD
	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	USD
CY2015Q3	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	0	USD
	us-gaap	Goodwill Period Increase Decrease GoodwillPeriodIncreaseDecrease	-1943533	USD
CY2014Q4	zfc	Final Purchase Price Of Acquisition Before Contingent Consideration FinalPurchasePriceOfAcquisitionBeforeContingentConsideration	61163189	USD
	us-gaap	Quantifying Misstatement In Current Year Financial Statements Amount QuantifyingMisstatementInCurrentYearFinancialStatementsAmount	96000	USD

Files In Submission

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$RC
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2015 Q3 Form 10-Q Financial Statement

#000114420415063110 Filed on November 05, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RC Ready Capital Corp Stock $rc

2015 Q3 Form 10-Q Financial Statement

#000114420415063110 Filed on November 05, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RC
Ready Capital Corp Stock $rc