$efc 2021 Q1 10-K

Concept	2021 Q1	2019 Q4	2019 Q3
Revenue	$40.08M	$45.35M	$39.99M
YoY Change	-23.09%	23.07%	10.01%
Cost Of Revenue	$16.28M	$25.85M	$21.90M
YoY Change	-33.63%	32.77%	22.14%
Gross Profit	$23.80M	$19.50M	$18.09M
YoY Change	-13.71%	12.2%	-1.74%
Gross Profit Margin	59.38%	43.0%	45.24%
Selling, General & Admin	$5.180M	$7.140M	$5.850M
YoY Change	12.61%	-0.28%	-13.2%
% of Gross Profit	21.76%	36.62%	32.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$12.33M	$11.78M	$7.795M
YoY Change	20.71%	-55.76%	-68.4%
Operating Profit	$11.47M	$7.717M	$10.30M
YoY Change	-33.95%	-24.45%	-11.84%
Interest Expense	$11.34M	$21.21M	$19.95M
YoY Change	-48.66%	31.85%	27.27%
% of Operating Profit	98.88%	274.78%	193.82%
Other Income/Expense, Net	$1.579M	$1.160M	$1.156M
YoY Change	-9.87%	-1550.0%	176.56%
Pretax Income	$36.64M	$14.32M	$18.71M
YoY Change	-128.55%	-1438.41%	150.5%
Income Tax	$2.000M	$1.180M	$2.000K
% Of Pretax Income	5.46%	8.24%	0.01%
Net Earnings	$37.86M	$11.12M	$17.29M
YoY Change	-129.26%	-601.67%	159.62%
Net Earnings / Revenue	94.45%	24.52%	43.24%
Basic Earnings Per Share	$0.86		$0.53
Diluted Earnings Per Share	$0.86	$254.6K	$0.53
COMMON SHARES
Basic Shares Outstanding	43.78M shares	33.77M shares	33.77M shares
Diluted Shares Outstanding

Concept	2021 Q1	2019 Q4	2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$149.4M	$72.30M	$33.30M
YoY Change	9.29%	61.74%	-37.87%
Cash & Equivalents	$149.4M	$72.30M	$33.25M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$91.80M	$79.80M	$66.20M
Other Receivables	$67.40M	$123.1M	$258.6M
Total Short-Term Assets	$308.6M	$275.2M	$358.1M
YoY Change	-56.63%	-70.57%	-57.73%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$3.736B	$4.008B	$3.209B
YoY Change	24.39%	33.57%	13.36%
Other Assets	$200.0K	$200.0K	$200.0K
YoY Change	0.0%	-50.0%	-50.0%
Total Long-Term Assets	$3.798B	$4.063B	$3.269B
YoY Change	23.88%	33.81%	14.01%
TOTAL ASSETS
Total Short-Term Assets	$308.6M	$275.2M	$358.1M
Total Long-Term Assets	$3.798B	$4.063B	$3.269B
Total Assets	$4.107B	$4.338B	$3.627B
YoY Change	8.72%	9.23%	-2.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$46.20M	$68.30M	$206.7M
YoY Change	27.27%	-86.17%	-52.53%
Accrued Expenses	$21.60M	$15.10M	$6.100M
YoY Change	62.41%	109.72%	-6.15%
Deferred Revenue
YoY Change
Short-Term Debt	$1.910B	$2.445B	$2.056B
YoY Change	-6.13%	63.15%	25.7%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.986B	$2.539B	$2.276B
YoY Change	-5.15%	26.82%	37.93%
LONG-TERM LIABILITIES
Long-Term Debt	$1.061B	$830.0M	$615.0M
YoY Change	30.57%	66.97%	113.02%
Other Long-Term Liabilities	$115.8M	$101.0M	$62.70M
YoY Change	89.53%	-88.41%	-91.34%
Total Long-Term Liabilities	$1.177B	$931.0M	$677.7M
YoY Change	34.69%	-31.99%	-33.06%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.986B	$2.539B	$2.276B
Total Long-Term Liabilities	$1.177B	$931.0M	$677.7M
Total Liabilities	$3.164B	$3.470B	$2.958B
YoY Change	6.58%	2.76%	-4.5%
SHAREHOLDERS EQUITY
Retained Earnings	-$116.8M	-$103.6M	-$99.22M
YoY Change	-53.78%
Common Stock	$44.00K	$39.00K	$34.00K
YoY Change	0.0%	-99.99%	-99.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$909.9M	$829.3M	$635.4M
YoY Change
Total Liabilities & Shareholders Equity	$4.107B	$4.338B	$3.627B
YoY Change	8.72%	9.23%	-2.35%

Concept	2021 Q1	2019 Q4	2019 Q3
OPERATING ACTIVITIES
Net Income	$37.86M	$11.12M	$17.29M
YoY Change	-129.26%	-601.67%	159.62%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$9.164M	$23.10M	$12.80M
YoY Change	-68.25%	-131.6%	-106.48%
INVESTING ACTIVITIES
Capital Expenditures	-$500.0K
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$589.8M	-$951.2M	-$408.5M
YoY Change	-237.64%
Cash From Investing Activities	-$590.3M	-$951.2M	-$408.5M
YoY Change	-237.77%
FINANCING ACTIVITIES
Cash Dividend Paid	$15.27M
YoY Change	-27.35%
Common Stock Issuance & Retirement, Net	$0.00
YoY Change	-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$618.8M	967.2M	386.3M
YoY Change	-257.51%	1406.54%	68.76%
NET CHANGE
Cash From Operating Activities	$9.164M	23.10M	12.80M
Cash From Investing Activities	-$590.3M	-951.2M	-408.5M
Cash From Financing Activities	$618.8M	967.2M	386.3M
Net Change In Cash	$37.70M	39.10M	-9.400M
YoY Change	-41.49%	-539.33%	-129.84%
FREE CASH FLOW
Cash From Operating Activities	$9.164M	$23.10M	$12.80M
Capital Expenditures	-$500.0K
Free Cash Flow	$9.664M
YoY Change	-66.52%

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2020	dei	Amendment Flag AmendmentFlag	false
CY2020	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2020
CY2020	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2020	dei	Entity Central Index Key EntityCentralIndexKey	0001411342
CY2020	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2019Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2019Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2020Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	43781684	shares
CY2018	us-gaap	Stockholders Equity Period Increase Decrease StockholdersEquityPeriodIncreaseDecrease	-25791000	USD
CY2019Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	38647943	shares
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	43781684	shares
CY2019Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	38647943	shares
CY2020Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2019Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2020Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2019Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2020Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	4600000	shares
CY2019Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	4600000	shares
CY2020Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	4600000	shares
CY2019Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	4600000	shares
CY2020	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.0675
CY2019	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.0675
CY2020Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	115000	USD
CY2019Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	115000	USD
CY2020	efc	Management Fee Expense Rebates ManagementFeeExpenseRebates	1051000	USD
CY2019	efc	Management Fee Expense Rebates ManagementFeeExpenseRebates	1967000	USD
CY2020Q4	efc	Writtencreditderivativespreadthreshold Writtencreditderivativespreadthreshold	0.20000
CY2019Q4	efc	Writtencreditderivativespreadthreshold Writtencreditderivativespreadthreshold	0.20000
CY2019Q4	efc	Upfrontpointsonwrittencreditderivative Upfrontpointsonwrittencreditderivative	57.0
CY2019Q4	efc	Incentive Fee Loss Carryforward IncentiveFeeLossCarryforward	0	USD
CY2019Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	4600000	shares
CY2018Q4	us-gaap	Investment Owned At Cost InvestmentOwnedAtCost	2970306000	USD
CY2018Q4	efc	Derivatives Cost DerivativesCost	22526000	USD
CY2018Q4	efc	Repurchase Agreements Cost RepurchaseAgreementsCost	61274000	USD
CY2018	us-gaap	Investment Sold Not Yet Purchased Sale Proceeds InvestmentSoldNotYetPurchasedSaleProceeds	844604000	USD
CY2018Q4	efc	Derivatives Proceeds DerivativesProceeds	19019000	USD
CY2018Q4	efc	Othersecuredfinancingproceeds Othersecuredfinancingproceeds	114100000	USD
CY2018Q4	efc	Othersecuredfinancingatfairvalue Proceeds OthersecuredfinancingatfairvalueProceeds	298706000	USD
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	29796601	shares
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	29796601	shares
CY2018	us-gaap	Investment Company Contractual Fee Waived InvestmentCompanyContractualFeeWaived	1380000	USD
CY2018Q4	efc	Writtencreditderivativespreadthreshold Writtencreditderivativespreadthreshold	0.20000
CY2018	us-gaap	Management Fee Description ManagementFeeDescription	The Operating Partnership pays the Manager 1.50% per annum of total equity of the Operating Partnership calculated in accordance with U.S. GAAP as of the end of each fiscal quarter (before deductions for base management fees and incentive fees payable with respect to such fiscal quarter), provided that total equity is adjusted to exclude one-time events pursuant to changes in U.S. GAAP, as well as non-cash charges after discussion between the Manager and the Company's independent directors, and approval by a majority of the Company's independent directors in the case of non-cash charges.
CY2018	us-gaap	Incentive Fee Description IncentiveFeeDescription	The Manager is entitled to receive a quarterly incentive fee equal to the positive excess, if any, of (i) the product of (A) 25% and (B) the excess of (1) Adjusted Net Income (described below) for the Incentive Calculation Period (which means such fiscal quarter and the immediately preceding three fiscal quarters) over (2) the sum of the Hurdle Amounts (described below) for the Incentive Calculation Period, over (ii) the sum of the incentive fees already paid or payable for each fiscal quarter in the Incentive Calculation Period preceding such fiscal quarter.For purposes of calculating the incentive fee, "Adjusted Net Income" for the Incentive Calculation Period means the net increase in equity from operations of the Operating Partnership, after all base management fees but before any incentive fees for such period, and excluding any non-cash equity compensation expenses for such period, as reduced by any Loss Carryforward (as described below) as of the end of the fiscal quarter preceding the Incentive Calculation Period.For purposes of calculating the incentive fee, the "Loss Carryforward" as of the end of any fiscal quarter is calculated by determining the excess, if any, of (1) the Loss Carryforward as of the end of the immediately preceding fiscal quarter over (2) the Company's net increase in equity from operations (expressed as a positive number) or net decrease in equity from operations (expressed as a negative number) of the Operating Partnership for such fiscal quarter. As of December 31, 2018, there was a Loss Carryforward of $2.1 million.For purposes of calculating the incentive fee, the "Hurdle Amount" means, with respect to any fiscal quarter, the product of (i) one-fourth of the greater of (A) 9% and (B) 3% plus the 10-year U.S. Treasury rate for such fiscal quarter, (ii) the sum of (A) the weighted average gross proceeds per share of all common share and OP Unit issuances since inception of the Company and up to the end of such fiscal quarter, with each issuance weighted by both the number of shares and OP Units issued in such issuance and the number of days that such issued shares and OP Units were outstanding during such fiscal quarter, using a first-in first-out basis of accounting (i.e. attributing any share and OP Unit repurchases to the earliest issuances first) and (B) the result obtained by dividing (I) retained earnings attributable to common shares and OP Units at the beginning of such fiscal quarter by (II) the average number of common shares and OP Units outstanding for each day during such fiscal quarter, (iii) the sum of (x) the average number of common shares and LTIP Units outstanding for each day during such fiscal quarter, and (y) the average number of OP Units and OP LTIP Units outstanding for each day during such fiscal quarter. For purposes of determining the Hurdle Amount, issuances of common shares, OP LTIP Units, and OP Units (a) as equity incentive awards, (b) to the Manager as part of its base management fee or incentive fee and (c) to the Manager or any of its affiliates in privately negotiated transactions, are excluded from the calculation. The payment of the incentive fee will be in a combination of common shares and cash, provided that at least 10% of any quarterly payment will be made in common shares.
CY2018	efc	Termination Fee Description TerminationFeeDescription	The Management Agreement requires the Company to pay a termination fee to the Manager in the event of (1) the Company's termination or non-renewal of the Management Agreement without cause or (2) the Company's termination of the Management Agreement based on unsatisfactory performance by the Manager that is materially detrimental to the Company or (3) the Manager's termination of the Management Agreement upon a default by the Company in the performance of any material term of the Management Agreement. Such termination fee will be equal to the amount of three times the sum of (i) the average annual Quarterly Base Management Fee Amounts paid or payable with respect to the two 12-month periods ending on the last day of the latest fiscal quarter completed on or prior to the date of the notice of termination or non-renewal and (ii) the average annual Quarterly Incentive Fee Amounts paid or payable with respect to the two 12-month periods ending on the last day of the latest fiscal quarter completed on or prior to the date of the notice of termination or non-renewal.
CY2019Q1	us-gaap	Dividends Payable Date Declared Day Month And Year DividendsPayableDateDeclaredDayMonthAndYear	2019-02-14
CY2019Q1	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2019-03-15
CY2019Q1	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2019-03-01
CY2019Q1	us-gaap	Dividends Payable Date Declared Day Month And Year DividendsPayableDateDeclaredDayMonthAndYear	2019-03-11
CY2019Q1	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2019-04-25
CY2020	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2019Q1	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2019-03-29
CY2020	dei	Document Type DocumentType	10-K
CY2020	dei	Document Annual Report DocumentAnnualReport	true
CY2020	dei	Document Period End Date DocumentPeriodEndDate	2020-12-31
CY2020	dei	Document Transition Report DocumentTransitionReport	false
CY2020	dei	Entity File Number EntityFileNumber	001-34569
CY2020	dei	Entity Registrant Name EntityRegistrantName	Ellington Financial Inc.
CY2020	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2020	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	26-0489289
CY2020	dei	Entity Address Address Line1 EntityAddressAddressLine1	53 Forest Avenue
CY2020	dei	Entity Address City Or Town EntityAddressCityOrTown	Old Greenwich
CY2020	dei	Entity Address State Or Province EntityAddressStateOrProvince	CT
CY2020	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	06870
CY2020	dei	City Area Code CityAreaCode	203
CY2020	dei	Local Phone Number LocalPhoneNumber	698-1200
CY2020	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2020	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2020	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2020	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2020	dei	Entity Small Business EntitySmallBusiness	false
CY2020	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2020	efc	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	true
CY2020	dei	Entity Shell Company EntityShellCompany	false
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CY2019Q4	us-gaap	Restricted Cash RestrictedCash	175000	USD
CY2020Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	1514185000	USD
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CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	921572000	USD
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CY2020	us-gaap	Interest Income Operating InterestIncomeOperating	173531000	USD
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CY2020	us-gaap	Interest Expense InterestExpense	61665000	USD
CY2019	us-gaap	Interest Expense InterestExpense	78479000	USD
CY2020	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	111866000	USD
CY2019	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	81422000	USD
CY2020	efc	Securities And Loans Realized Gains Losses SecuritiesAndLoansRealizedGainsLosses	-5960000	USD
CY2019	efc	Securities And Loans Realized Gains Losses SecuritiesAndLoansRealizedGainsLosses	-12785000	USD
CY2020	efc	Net Realized Gain Loss On Derivatives NetRealizedGainLossOnDerivatives	-31521000	USD
CY2019	efc	Net Realized Gain Loss On Derivatives NetRealizedGainLossOnDerivatives	-30912000	USD
CY2020	efc	Real Estate Acquired Through Foreclosure Realized Gains Losses On Disposal RealEstateAcquiredThroughForeclosureRealizedGainsLossesOnDisposal	15000	USD
CY2019	efc	Real Estate Acquired Through Foreclosure Realized Gains Losses On Disposal RealEstateAcquiredThroughForeclosureRealizedGainsLossesOnDisposal	2327000	USD
CY2020	efc	Securities And Loans Unrealized Gains Losses SecuritiesAndLoansUnrealizedGainsLosses	-25783000	USD
CY2019	efc	Securities And Loans Unrealized Gains Losses SecuritiesAndLoansUnrealizedGainsLosses	54478000	USD
CY2020	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	989000	USD
CY2019	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-5338000	USD
CY2020	efc	Real Estate Acquired Through Foreclosure Unrealized Gains Losses RealEstateAcquiredThroughForeclosureUnrealizedGainsLosses	-649000	USD
CY2019	efc	Real Estate Acquired Through Foreclosure Unrealized Gains Losses RealEstateAcquiredThroughForeclosureUnrealizedGainsLosses	-1279000	USD
CY2020	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	-2298000	USD
CY2019	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	5350000	USD
CY2020	us-gaap	Noninterest Income NoninterestIncome	-65207000	USD
CY2019	us-gaap	Noninterest Income NoninterestIncome	11841000	USD
CY2020	us-gaap	Management Fee Expense ManagementFeeExpense	11508000	USD
CY2019	us-gaap	Management Fee Expense ManagementFeeExpense	7988000	USD
CY2020	us-gaap	Incentive Fee Expense IncentiveFeeExpense	0	USD
CY2019	us-gaap	Incentive Fee Expense IncentiveFeeExpense	116000	USD
CY2020	efc	Otherinvestmentrelatedexpenses Servicingexpense OtherinvestmentrelatedexpensesServicingexpense	9139000	USD
CY2019	efc	Otherinvestmentrelatedexpenses Servicingexpense OtherinvestmentrelatedexpensesServicingexpense	8632000	USD
CY2020	efc	Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue	3894000	USD
CY2019	efc	Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue	3536000	USD
CY2020	efc	Otherinvestmentrelatedexpense Other OtherinvestmentrelatedexpenseOther	5111000	USD
CY2019	efc	Otherinvestmentrelatedexpense Other OtherinvestmentrelatedexpenseOther	5609000	USD
CY2020	us-gaap	Professional Fees ProfessionalFees	5005000	USD
CY2019	us-gaap	Professional Fees ProfessionalFees	4853000	USD
CY2020	us-gaap	Salaries And Wages SalariesAndWages	3776000	USD
CY2019	us-gaap	Salaries And Wages SalariesAndWages	3649000	USD
CY2020	us-gaap	Other Expenses OtherExpenses	6405000	USD
CY2019	us-gaap	Other Expenses OtherExpenses	4354000	USD
CY2020	us-gaap	Operating Expenses OperatingExpenses	44838000	USD
CY2019	us-gaap	Operating Expenses OperatingExpenses	38737000	USD
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1821000	USD
CY2019	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	54526000	USD
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	11377000	USD
CY2019	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1558000	USD
CY2020	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	37933000	USD
CY2019	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10209000	USD
CY2020	us-gaap	Profit Loss ProfitLoss	28377000	USD
CY2019	us-gaap	Profit Loss ProfitLoss	63177000	USD
CY2020	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3369000	USD
CY2019	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	5244000	USD
CY2020	us-gaap	Dividends Preferred Stock DividendsPreferredStock	7763000	USD
CY2019	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1466000	USD
CY2020	us-gaap	Net Income Loss NetIncomeLoss	17245000	USD
CY2019	us-gaap	Net Income Loss NetIncomeLoss	56467000	USD
CY2020	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.39
CY2019	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	1.76
CY2020	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	3056000	USD
CY2018Q4	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	0	USD
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	595170000	USD
CY2019	us-gaap	Profit Loss ProfitLoss	63177000	USD
CY2019	us-gaap	Noncontrolling Interest Increase From Sale Of Parent Equity Interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest	27650000	USD
CY2019	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	59824000	USD
CY2019	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	1466000	USD
CY2019	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	23063000	USD
CY2019	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	782000	USD
CY2019	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	475000	USD
CY2019Q4	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	111034000	USD
CY2019Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	868699000	USD
CY2020	us-gaap	Profit Loss ProfitLoss	28377000	USD
CY2020	us-gaap	Noncontrolling Interest Increase From Sale Of Parent Equity Interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest	8270000	USD
CY2020	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	56023000	USD
CY2020	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	7763000	USD
CY2020	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	12958000	USD
CY2020	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	722000	USD
CY2020Q4	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	111034000	USD
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	921572000	USD
CY2020	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.26
CY2019	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.81
CY2020	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	1.265625
CY2019	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.45938
CY2020	us-gaap	Profit Loss ProfitLoss	28377000	USD
CY2019	us-gaap	Profit Loss ProfitLoss	63177000	USD
CY2020	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-41681000	USD
CY2019	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-48132000	USD
CY2020	efc	Securities And Loans Realized Gains Losses SecuritiesAndLoansRealizedGainsLosses	-5960000	USD
CY2019	efc	Securities And Loans Realized Gains Losses SecuritiesAndLoansRealizedGainsLosses	-12785000	USD
CY2020	efc	Net Realized Gain Loss On Derivatives NetRealizedGainLossOnDerivatives	-31521000	USD
CY2019	efc	Net Realized Gain Loss On Derivatives NetRealizedGainLossOnDerivatives	-30912000	USD
CY2020	efc	Real Estate Acquired Through Foreclosure Realized Gains Losses On Disposal RealEstateAcquiredThroughForeclosureRealizedGainsLossesOnDisposal	15000	USD
CY2019	efc	Real Estate Acquired Through Foreclosure Realized Gains Losses On Disposal RealEstateAcquiredThroughForeclosureRealizedGainsLossesOnDisposal	2327000	USD
CY2020	efc	Securities And Loans Unrealized Gains Losses SecuritiesAndLoansUnrealizedGainsLosses	-25783000	USD
CY2019	efc	Securities And Loans Unrealized Gains Losses SecuritiesAndLoansUnrealizedGainsLosses	54478000	USD
CY2020	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	989000	USD
CY2019	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-5338000	USD
CY2020	efc	Real Estate Acquired Through Foreclosure Unrealized Gains Losses RealEstateAcquiredThroughForeclosureUnrealizedGainsLosses	-649000	USD
CY2019	efc	Real Estate Acquired Through Foreclosure Unrealized Gains Losses RealEstateAcquiredThroughForeclosureUnrealizedGainsLosses	-1279000	USD
CY2020	efc	Unrealizedgainslossesothernet Unrealizedgainslossesothernet	-9562000	USD
CY2019	efc	Unrealizedgainslossesothernet Unrealizedgainslossesothernet	-645000	USD
CY2020	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-173000	USD
CY2019	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-2392000	USD
CY2020	efc	Foreign Currency Translation Gain Loss Unrealized ForeignCurrencyTranslationGainLossUnrealized	-1720000	USD
CY2019	efc	Foreign Currency Translation Gain Loss Unrealized ForeignCurrencyTranslationGainLossUnrealized	-3310000	USD
CY2020	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	263000	USD
CY2019	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	263000	USD
CY2020	efc	Shares Issued In Connection With Incentive Fee Payment Non Cash SharesIssuedInConnectionWithIncentiveFeePaymentNonCash	12000	USD
CY2019	efc	Shares Issued In Connection With Incentive Fee Payment Non Cash SharesIssuedInConnectionWithIncentiveFeePaymentNonCash	0	USD
CY2020	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	722000	USD
CY2019	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	475000	USD
CY2020	efc	Interestincomerelatedtoconsolidatedsecuritizationtrust Interestincomerelatedtoconsolidatedsecuritizationtrust	-21800000	USD
CY2019	efc	Interestincomerelatedtoconsolidatedsecuritizationtrust Interestincomerelatedtoconsolidatedsecuritizationtrust	-16034000	USD
CY2020	efc	Interestexpenserelatedtoconsolidatedsecuritizationtrust Interestexpenserelatedtoconsolidatedsecuritizationtrust	21020000	USD
CY2019	efc	Interestexpenserelatedtoconsolidatedsecuritizationtrust Interestexpenserelatedtoconsolidatedsecuritizationtrust	15136000	USD
CY2020	efc	Cashoutflowfordebtissuancecostsrelatedto Othersecuredborrowingsatfairvalue CashoutflowfordebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue	1749000	USD
CY2019	efc	Cashoutflowfordebtissuancecostsrelatedto Othersecuredborrowingsatfairvalue CashoutflowfordebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue	1381000	USD
CY2020	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	37933000	USD
CY2019	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10209000	USD
CY2020	efc	Increasedecreaseininterestandprincipalreceivable Increasedecreaseininterestandprincipalreceivable	-5223000	USD
CY2019	efc	Increasedecreaseininterestandprincipalreceivable Increasedecreaseininterestandprincipalreceivable	15449000	USD
CY2020	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-1077000	USD
CY2019	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	3663000	USD
CY2020	efc	Increasedecreaseinaccruedmanagementfee Increasedecreaseinaccruedmanagementfee	515000	USD
CY2019	efc	Increasedecreaseinaccruedmanagementfee Increasedecreaseinaccruedmanagementfee	919000	USD
CY2020	efc	Increase Decreasein Accrued Incentive Fee IncreaseDecreaseinAccruedIncentiveFee	-116000	USD
CY2019	efc	Increase Decreasein Accrued Incentive Fee IncreaseDecreaseinAccruedIncentiveFee	116000	USD
CY2020	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-3798000	USD
CY2019	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	161000	USD
CY2020	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	11590000	USD
CY2019	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	1607000	USD
CY2020	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	119506000	USD
CY2019	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	79248000	USD
CY2020	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	1346245000	USD
CY2019	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	3057372000	USD
CY2020	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	852261000	USD
CY2019	us-gaap	Payments To Acquire Loans Receivable PaymentsToAcquireLoansReceivable	1040006000	USD
CY2020	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	153000	USD
CY2019	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	240000	USD
CY2020	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	1888099000	USD
CY2019	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	1838182000	USD
CY2020	us-gaap	Proceeds From Sale Of Loans Receivable ProceedsFromSaleOfLoansReceivable	25414000	USD
CY2019	us-gaap	Proceeds From Sale Of Loans Receivable ProceedsFromSaleOfLoansReceivable	28878000	USD
CY2020	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	34624000	USD
CY2019	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	42124000	USD
CY2020	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	30644000	USD
CY2019	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	49758000	USD
CY2020	efc	Proceeds From Dispositionof Real Estate Owned ProceedsFromDispositionofRealEstateOwned	9889000	USD
CY2019	efc	Proceeds From Dispositionof Real Estate Owned ProceedsFromDispositionofRealEstateOwned	24059000	USD
CY2020	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	362987000	USD
CY2019	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	275221000	USD
CY2020	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	443640000	USD
CY2019	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	304953000	USD
CY2020	efc	Proceeds From Investments Sold Short ProceedsFromInvestmentsSoldShort	268294000	USD
CY2019	efc	Proceeds From Investments Sold Short ProceedsFromInvestmentsSoldShort	645553000	USD
CY2020	efc	Repurchase Of Securities Sold Short Investing Activities RepurchaseOfSecuritiesSoldShortInvestingActivities	310559000	USD
CY2019	efc	Repurchase Of Securities Sold Short Investing Activities RepurchaseOfSecuritiesSoldShortInvestingActivities	650576000	USD
CY2020	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	115418000	USD
CY2019	us-gaap	Payments For Derivative Instrument Investing Activities PaymentsForDerivativeInstrumentInvestingActivities	90057000	USD
CY2020	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	84597000	USD
CY2019	us-gaap	Proceeds From Derivative Instrument Investing Activities ProceedsFromDerivativeInstrumentInvestingActivities	58578000	USD
CY2020	us-gaap	Payments For Securities Purchased Under Agreements To Resell PaymentsForSecuritiesPurchasedUnderAgreementsToResell	7586769000	USD
CY2019	us-gaap	Payments For Securities Purchased Under Agreements To Resell PaymentsForSecuritiesPurchasedUnderAgreementsToResell	7050581000	USD
CY2020	us-gaap	Proceeds From Securities Purchased Under Agreements To Resell ProceedsFromSecuritiesPurchasedUnderAgreementsToResell	7622670000	USD
CY2019	us-gaap	Proceeds From Securities Purchased Under Agreements To Resell ProceedsFromSecuritiesPurchasedUnderAgreementsToResell	7038216000	USD
CY2020	efc	Proceeds From Brokers Investing Activities ProceedsFromBrokersInvestingActivities	16443000	USD
CY2019	efc	Proceeds From Brokers Investing Activities ProceedsFromBrokersInvestingActivities	6483000	USD
CY2020	efc	Payments To Brokers Investing Activities PaymentsToBrokersInvestingActivities	-619000	USD
CY2019	efc	Payments To Brokers Investing Activities PaymentsToBrokersInvestingActivities	3458000	USD
CY2020	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	507267000	USD
CY2019	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1664533000	USD
CY2020	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	95537000	USD
CY2019	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	156742000	USD
CY2020	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	0	USD
CY2019	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	111378000	USD
CY2020	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	253000	USD
CY2019	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	712000	USD
CY2020	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	3056000	USD
CY2019	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	782000	USD
CY2020	us-gaap	Payments Of Dividends PaymentsOfDividends	65026000	USD
CY2019	us-gaap	Payments Of Dividends PaymentsOfDividends	54312000	USD
CY2020	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	9848000	USD
CY2019	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	27650000	USD
CY2020	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	11301000	USD
CY2019	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	23063000	USD
CY2020	efc	Proceedsfromissuanceofsecuritizeddebt Proceedsfromissuanceofsecuritizeddebt	57863000	USD
CY2019	efc	Proceedsfromissuanceofsecuritizeddebt Proceedsfromissuanceofsecuritizeddebt	97642000	USD
CY2020	efc	Principal Payment On Securitized Debt PrincipalPaymentOnSecuritizedDebt	67325000	USD
CY2019	efc	Principal Payment On Securitized Debt PrincipalPaymentOnSecuritizedDebt	61408000	USD
CY2020	efc	Borrowingsunder Reverse Repurchase Agreements BorrowingsunderReverseRepurchaseAgreements	4138940000	USD
CY2019	efc	Borrowingsunder Reverse Repurchase Agreements BorrowingsunderReverseRepurchaseAgreements	9047746000	USD
CY2020	efc	Repaymentsof Reverse Repurchase Agreements RepaymentsofReverseRepurchaseAgreements	5059445000	USD
CY2019	efc	Repaymentsof Reverse Repurchase Agreements RepaymentsofReverseRepurchaseAgreements	7862227000	USD
CY2020	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	427959000	USD
CY2019	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	250666000	USD
CY2020	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	112253000	USD
CY2019	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	62608000	USD
CY2020	efc	Proceeds From Brokers Financing Activities ProceedsFromBrokersFinancingActivities	49000	USD
CY2019	efc	Proceeds From Brokers Financing Activities ProceedsFromBrokersFinancingActivities	-13676000	USD
CY2020	efc	Payments To Brokers Financing Activities PaymentsToBrokersFinancingActivities	-1035000	USD
CY2019	efc	Payments To Brokers Financing Activities PaymentsToBrokersFinancingActivities	355000	USD
CY2020	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-587428000	USD
CY2019	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1612681000	USD
CY2020	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	39345000	USD
CY2019	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	27396000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	72477000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45081000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	111822000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	72477000	USD
CY2020	us-gaap	Interest Paid Net InterestPaidNet	65751000	USD
CY2019	us-gaap	Interest Paid Net InterestPaidNet	78754000	USD
CY2020	us-gaap	Income Taxes Paid IncomeTaxesPaid	543000	USD
CY2019	us-gaap	Income Taxes Paid IncomeTaxesPaid	189000	USD
CY2020Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	5738000	USD
CY2019Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	6978000	USD
CY2020	efc	Shares Issued In Connection With Incentive Fee Payment Non Cash SharesIssuedInConnectionWithIncentiveFeePaymentNonCash	12000	USD
CY2019	efc	Shares Issued In Connection With Incentive Fee Payment Non Cash SharesIssuedInConnectionWithIncentiveFeePaymentNonCash	0	USD
CY2020	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	722000	USD
CY2019	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	475000	USD
CY2020	efc	Contributionfromnoncontrollinginterestnoncash Contributionfromnoncontrollinginterestnoncash	2340000	USD
CY2019	efc	Contributionfromnoncontrollinginterestnoncash Contributionfromnoncontrollinginterestnoncash	0	USD
CY2020	efc	Distributionstononcontrollinginterests Distributionstononcontrollinginterests	-2340000	USD
CY2019	efc	Distributionstononcontrollinginterests Distributionstononcontrollinginterests	0	USD
CY2020	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	3384000	USD
CY2019	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	22577000	USD
CY2020	efc	Transfersfrommortgageloanstoinvestmentsinnonconsolidatedentitiesnoncash Transfersfrommortgageloanstoinvestmentsinnonconsolidatedentitiesnoncash	10833000	USD
CY2019	efc	Transfersfrommortgageloanstoinvestmentsinnonconsolidatedentitiesnoncash Transfersfrommortgageloanstoinvestmentsinnonconsolidatedentitiesnoncash	0	USD
CY2020	efc	Purchaseof Investments Non Cash PurchaseofInvestmentsNonCash	0	USD
CY2019	efc	Purchaseof Investments Non Cash PurchaseofInvestmentsNonCash	2975000	USD
CY2020	efc	Contributions To Investments In Non Consolidated Entities Non Cash ContributionsToInvestmentsInNonConsolidatedEntitiesNonCash	-17023000	USD
CY2019	efc	Contributions To Investments In Non Consolidated Entities Non Cash ContributionsToInvestmentsInNonConsolidatedEntitiesNonCash	0	USD
CY2020	efc	Distributionsfrominvestmentsinunconsolidatedentities Distributionsfrominvestmentsinunconsolidatedentities	0	USD
CY2019	efc	Distributionsfrominvestmentsinunconsolidatedentities Distributionsfrominvestmentsinunconsolidatedentities	2975000	USD
CY2020	efc	Purchaseof Loans Non Cash PurchaseofLoansNonCash	6670000	USD
CY2019	efc	Purchaseof Loans Non Cash PurchaseofLoansNonCash	0	USD
CY2020	efc	Principalpaymentson Othersecuredborrowingsatfairvaluenoncash PrincipalpaymentsonOthersecuredborrowingsatfairvaluenoncash	193575000	USD
CY2019	efc	Principalpaymentson Othersecuredborrowingsatfairvaluenoncash PrincipalpaymentsonOthersecuredborrowingsatfairvaluenoncash	119683000	USD
CY2020	efc	Proceedsreceivedfrom Othersecuredborrowingsatfairvaluenoncash ProceedsreceivedfromOthersecuredborrowingsatfairvaluenoncash	28818000	USD
CY2019	efc	Proceedsreceivedfrom Othersecuredborrowingsatfairvaluenoncash ProceedsreceivedfromOthersecuredborrowingsatfairvaluenoncash	227428000	USD
CY2020	efc	Principal Payments On Other Secured Borrowings Non Cash PrincipalPaymentsOnOtherSecuredBorrowingsNonCash	-96480000	USD
CY2019	efc	Principal Payments On Other Secured Borrowings Non Cash PrincipalPaymentsOnOtherSecuredBorrowingsNonCash	0	USD
CY2020	efc	Proceedsfromissuanceof Othersecuredborrowingsnoncash ProceedsfromissuanceofOthersecuredborrowingsnoncash	6670000	USD
CY2019	efc	Proceedsfromissuanceof Othersecuredborrowingsnoncash ProceedsfromissuanceofOthersecuredborrowingsnoncash	0	USD
CY2020	efc	Proceedsfromprincipalpaymentsofinvestmentsnoncash Proceedsfromprincipalpaymentsofinvestmentsnoncash	193575000	USD
CY2019	efc	Proceedsfromprincipalpaymentsofinvestmentsnoncash Proceedsfromprincipalpaymentsofinvestmentsnoncash	119683000	USD
CY2020	efc	Proceeds From The Disposition Of Loans Non Cash ProceedsFromTheDispositionOfLoansNonCash	113791000	USD
CY2019	efc	Proceeds From The Disposition Of Loans Non Cash ProceedsFromTheDispositionOfLoansNonCash	0	USD
CY2020	efc	Repaymentsofrepurchaseagreementnoncash Repaymentsofrepurchaseagreementnoncash	-27864000	USD
CY2019	efc	Repaymentsofrepurchaseagreementnoncash Repaymentsofrepurchaseagreementnoncash	-226945000	USD
CY2020	us-gaap	Notes Reduction NotesReduction	0	USD
CY2019	us-gaap	Notes Reduction NotesReduction	86000000	USD
CY2020	us-gaap	Notes Issued1 NotesIssued1	0	USD
CY2019	us-gaap	Notes Issued1 NotesIssued1	86000000	USD
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2019Q4	us-gaap	Investment Owned Underlying Face Amount At Market Value InvestmentOwnedUnderlyingFaceAmountAtMarketValue	2282149000	USD
CY2019Q4	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	-150821000	USD
CY2020	us-gaap	Comparability Of Prior Year Financial Data ComparabilityOfPriorYearFinancialData	<div style="margin-top:9pt;text-indent:13.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassification and Presentation</span></div><div style="margin-top:4.5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Effective January 1, 2019, the Company prospectively discontinued its application of ASC 946. Upon its change in status, the following significant changes and elections were made:</span></div><div style="margin-top:4.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Investments in securities are now accounted for in accordance with ASC 320, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Investments—Debt and Equity Securities</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> ("ASC 320");</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Company elected the FVO as provided for under ASC 825-10-25-4 for all eligible financial instruments for which the Company had previously measured at fair value, including investments in securities, loans, financial derivatives, and certain of the Company's secured borrowings. As a result, all changes in the fair value of such financial instruments will continue to be recorded in earnings on the Company's Consolidated Statement of Operations;</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Real estate owned, or "REO," is not eligible for the FVO election. As a result, REO is carried at the lower of cost or fair value. The Company's cost basis in any REO that was previously measured at fair value under ASC 946 was adjusted on January 1, 2019 to equal the fair value of such investment as of December 31, 2018;</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Company elected not to designate its financial derivatives as hedging instruments in accordance with ASC 815, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Derivatives and Hedging</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> ("ASC 815"). As a result, all changes in the fair value of financial derivatives will continue to be recorded in earnings on the Company's Consolidated Statement of Operations;</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Forward settling to-be-announced mortgage-backed-securities, or "TBAs," are no longer classified as investments. TBAs will be classified as financial derivatives, with the difference between the forward contract price and the market value of the TBA position as of the reporting date included in Unrealized gains (losses) on financial derivatives, net, on the Consolidated Statement of Operations; and</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Company is required to account for certain of its equity investments under ASC 323-10, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Investments—Equity Method and Joint Ventures</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> ("ASC 323-10"). The Company has elected the FVO for such equity investments and changes in fair value will be reported in Earnings (losses) from investments in unconsolidated entities, on the Consolidated Statement of Operations.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The discontinuation of the Company's application of ASC 946 prospectively changed the presentation of the Company's consolidated financial statements. The most significant changes were:</span></div><div style="margin-top:4.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Consolidated Statement of Assets, Liabilities, and Equity has been changed to a Consolidated Balance Sheet;</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Consolidated Condensed Schedule of Investments has been removed;</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Consolidated Statement of Operations is no longer presented in the format required under ASC 946. The Company will present the Consolidated Statement of Operations as required under U.S. GAAP for operating companies. A Consolidated Statement of Other Comprehensive Income (Loss) will be presented, if and when applicable;</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Consolidated Statement of Cash Flows has been changed, and now includes a section for investing activities;</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Certain footnotes have been changed to reflect conformity with applicable U.S. GAAP for operating companies;</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Company re-evaluated its interests in all entities to determine whether they are variable interests, and re-evaluated its investments, including it investments in partially owned entities, to determine if they are VIEs, as required under ASC 810, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Consolidation </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">("ASC 810"). The Company also re-evaluated consolidation considerations for all of its investments in VIEs and partially owned entities, as required under ASC 810. Applicable disclosures related to VIEs have been included in these notes to consolidated financial statements;</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Securities/loans sold under agreements to be repurchased at an agreed-upon price and date, which were formerly referred to as "reverse repurchase agreements," are now referred to as "repurchase agreements";</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">Securities/loans purchased under agreements to resell at an agreed-upon price and date, which were formerly referred to as "repurchase agreements," are now referred to as "reverse repurchase agreements"; and</span></div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The financial highlights disclosures, which are not required under U.S. GAAP for operating companies, have been removed.</span></div>
CY2020	us-gaap	Revenue Recognition Interest RevenueRecognitionInterest	Interest Income: The Company amortizes premiums and accretes discounts on its debt securities. Coupon interest income on fixed-income investments is generally accrued based on the outstanding principal balance or notional value and the current coupon rate. <div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For debt securities that are deemed to be of high credit quality at the time of purchase (generally Agency RMBS, exclusive of interest only securities), premiums and discounts are amortized/accreted into interest income over the life of such securities using the effective interest method. For such securities whose cash flows vary depending on prepayments, an effective yield retroactive to the time of purchase is periodically recomputed based on actual prepayments and changes in projected prepayment activity, and a catch-up adjustment, or "Catch-up Premium Amortization Adjustment," is made to amortization to reflect the cumulative impact of the change in effective yield.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For debt securities (generally non-Agency RMBS, CMBS, ABS, CLOs, and interest only securities) that are deemed not to be of high credit quality at the time of purchase, interest income is recognized based on the effective interest method. For purposes of estimating future expected cash flows, management uses assumptions including, but not limited to, assumptions for future prepayment rates, default rates, and loss severities (each of which may in turn incorporate various macro-economic assumptions, such as future housing prices, GDP growth rates, and unemployment rates). These assumptions are re-evaluated not less than quarterly. Changes in projected cash flows may result in prospective changes in the yield/interest income recognized on such securities based on the updated expected future cash flows.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For each loan purchased with the expectation that both interest and principal will be paid in full, the Company generally amortizes or accretes any premium or discount over the life of the loan utilizing the effective interest method. However, based on current information and market developments, the Company re-assesses the collectibility of interest and principal, and generally designates a loan as in non-accrual status either when any payments have become 90 or more days past due, or when, in the opinion of management, it is probable that the Company will be unable to collect either interest or principal in full. Once a loan is designated as in non-accrual status, as long as principal is still expected to be collectible in full, interest payments are recorded as interest income only when received (i.e., under the cash basis method); accruals of interest income are only resumed when the loan becomes contractually current and performance is demonstrated to be resumed. However, if principal is not expected to be collectible in full, the cost recovery method is used (i.e., no interest income is recognized, and all payments received—whether contractually interest or principal—are applied to cost).</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Periods after January 1, 2020</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—Certain of the Company's debt securities and loans, at the date of acquisition, have experienced or are expected to experience more-than-insignificant deterioration in credit quality since origination. For periods subsequent to the Company's application of the principles of ASU 2016-13, if at the date of acquisition for a particular asset the Company projects a significant difference between contractual cash flows and expected cash flows, it establishes an initial estimate for credit losses as an upward adjustment to the acquisition cost of the asset for the purpose of calculating interest income using the effective yield method.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Periods prior to January 1, 2020</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—Prior to the Company's application of the principles of ASU 2016-13, for each loan acquired that had evidence of credit deterioration since origination and the expectation that either principal or interest would not be paid in full, interest income was generally recognized using the effective interest method for so long as the cash flows could be reasonably estimated. Here, instead of amortizing the purchase discount (i.e., the excess of the unpaid principal balance over the purchase price) over the life of the loan, the Company effectively amortized the accretable yield (i.e., the excess of the Company's estimate of the total cash flows to be collected over the life of the loan over the purchase price). Not less than quarterly, the Company updated its estimate of the cash flows expected to be collected over the life of the loan, and applied revised yields prospectively.</span></div><div style="margin-top:9pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In estimating future cash flows on the Company's debt securities, there are a number of assumptions that are subject to significant uncertainties and contingencies, including, in the case of MBS, assumptions relating to prepayment rates, default rates, loan loss severities, and loan repurchases. These estimates require the use of a significant amount of judgment.</span></div>
CY2020	efc	Numberofdaystodeterminenonperformanceofloan Numberofdaystodeterminenonperformanceofloan	P90D
CY2020Q4	us-gaap	Investment Owned Underlying Face Amount At Market Value InvestmentOwnedUnderlyingFaceAmountAtMarketValue	1408233000	USD
CY2020Q4	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	-196118000	USD
CY2020Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	1474155000	USD
CY2020Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	60617000	USD
CY2020Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	59229000	USD
CY2020Q4	efc	Investment Owned At Fair Value Net InvestmentOwnedAtFairValueNet	1475543000	USD
CY2019Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	2342369000	USD
CY2019Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	43801000	USD
CY2019Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	9638000	USD
CY2019Q4	efc	Investment Owned At Fair Value Net InvestmentOwnedAtFairValueNet	2376532000	USD
CY2020	efc	Catchup Premium Amortization Adjustment CatchupPremiumAmortizationAdjustment	-4500000	USD
CY2019	efc	Catchup Premium Amortization Adjustment CatchupPremiumAmortizationAdjustment	-4700000	USD
CY2020	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	1819520000	USD
CY2020	us-gaap	Available For Sale Securities Gross Realized Gains AvailableForSaleSecuritiesGrossRealizedGains	32736000	USD
CY2020	us-gaap	Available For Sale Securities Gross Realized Losses AvailableForSaleSecuritiesGrossRealizedLosses	11928000	USD
CY2020	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	20808000	USD
CY2019	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	1893925000	USD
CY2019	us-gaap	Available For Sale Securities Gross Realized Gains AvailableForSaleSecuritiesGrossRealizedGains	23957000	USD
CY2019	us-gaap	Available For Sale Securities Gross Realized Losses AvailableForSaleSecuritiesGrossRealizedLosses	7937000	USD
CY2019	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	16020000	USD
CY2020	us-gaap	Debt Securities Available For Sale Realized Loss Excluding Other Than Temporary Impairment DebtSecuritiesAvailableForSaleRealizedLossExcludingOtherThanTemporaryImpairment	17700000	USD
CY2019	us-gaap	Debt Securities Available For Sale Realized Loss Excluding Other Than Temporary Impairment DebtSecuritiesAvailableForSaleRealizedLossExcludingOtherThanTemporaryImpairment	28700000	USD
CY2020Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	153786000	USD
CY2020Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	4358000	USD
CY2020Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	4627000	USD
CY2020Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	1523000	USD
CY2020Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	158413000	USD
CY2020Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	5881000	USD
CY2019Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	471379000	USD
CY2019Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	5146000	USD
CY2019Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	162938000	USD
CY2019Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	3861000	USD
CY2019Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	634317000	USD
CY2019Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	9007000	USD
CY2020Q4	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss	24900000	USD
CY2020	us-gaap	Debt Securities Available For Sale Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate	2600000	USD
CY2020	efc	Availableforsalesecurities Realizes Losses Writeoffs AvailableforsalesecuritiesRealizesLossesWriteoffs	-17700000	USD
CY2019	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities	28700000	USD
CY2020Q4	us-gaap	Investment Owned Balance Principal Amount InvestmentOwnedBalancePrincipalAmount	1417054000	USD
CY2020Q4	efc	Investmentinloans Investmentinloans	1453480000	USD
CY2019Q4	us-gaap	Investment Owned Balance Principal Amount InvestmentOwnedBalancePrincipalAmount	1387733000	USD
CY2019Q4	efc	Investmentinloans Investmentinloans	1412426000	USD
CY2020Q4	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	141600000	USD
CY2019Q4	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	71900000	USD
CY2020	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	37900000	USD
CY2019	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10200000	USD
CY2020Q4	efc	Equity Method Investments Summarized Financial Information Investments EquityMethodInvestmentsSummarizedFinancialInformationInvestments	424475000	USD
CY2019Q4	efc	Equity Method Investments Summarized Financial Information Investments EquityMethodInvestmentsSummarizedFinancialInformationInvestments	560949000	USD
CY2020Q4	efc	Equity Method Investments Summarized Financial Information Otherassets EquityMethodInvestmentsSummarizedFinancialInformationOtherassets	117746000	USD
CY2019Q4	efc	Equity Method Investments Summarized Financial Information Otherassets EquityMethodInvestmentsSummarizedFinancialInformationOtherassets	65580000	USD
CY2020Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	542221000	USD
CY2019Q4	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	626529000	USD
CY2020Q4	efc	Equity Method Investment Summarized Financial Information Borrowings EquityMethodInvestmentSummarizedFinancialInformationBorrowings	215792000	USD
CY2019Q4	efc	Equity Method Investment Summarized Financial Information Borrowings EquityMethodInvestmentSummarizedFinancialInformationBorrowings	387910000	USD
CY2020Q4	efc	Equity Method Investment Summarized Financial Information Otherliabilities EquityMethodInvestmentSummarizedFinancialInformationOtherliabilities	30801000	USD
CY2019Q4	efc	Equity Method Investment Summarized Financial Information Otherliabilities EquityMethodInvestmentSummarizedFinancialInformationOtherliabilities	28134000	USD
CY2020Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities EquityMethodInvestmentSummarizedFinancialInformationLiabilities	246593000	USD
CY2019Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities EquityMethodInvestmentSummarizedFinancialInformationLiabilities	416044000	USD
CY2020Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity EquityMethodInvestmentSummarizedFinancialInformationEquity	295628000	USD
CY2019Q4	us-gaap	Equity Method Investment Summarized Financial Information Equity EquityMethodInvestmentSummarizedFinancialInformationEquity	210485000	USD
CY2020Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	542221000	USD
CY2019Q4	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	626529000	USD
CY2020	efc	Equity Method Investment Summarized Financial Information Interest Income EquityMethodInvestmentSummarizedFinancialInformationInterestIncome	10935000	USD
CY2019	efc	Equity Method Investment Summarized Financial Information Interest Income EquityMethodInvestmentSummarizedFinancialInformationInterestIncome	30587000	USD
CY2020	efc	Equity Method Investment Summarized Financial Information Interestexpense EquityMethodInvestmentSummarizedFinancialInformationInterestexpense	-9243000	USD
CY2019	efc	Equity Method Investment Summarized Financial Information Interestexpense EquityMethodInvestmentSummarizedFinancialInformationInterestexpense	-13316000	USD
CY2020	efc	Equity Method Investment Summarized Financial Information Netinterestincome EquityMethodInvestmentSummarizedFinancialInformationNetinterestincome	1692000	USD
CY2019	efc	Equity Method Investment Summarized Financial Information Netinterestincome EquityMethodInvestmentSummarizedFinancialInformationNetinterestincome	17271000	USD
CY2020	efc	Equity Method Investment Summarized Financial Information Realizedandunrealizedgainlossoninvestments EquityMethodInvestmentSummarizedFinancialInformationRealizedandunrealizedgainlossoninvestments	44362000	USD
CY2019	efc	Equity Method Investment Summarized Financial Information Realizedandunrealizedgainlossoninvestments EquityMethodInvestmentSummarizedFinancialInformationRealizedandunrealizedgainlossoninvestments	40901000	USD
CY2020	efc	Equity Method Investment Summarized Financial Information Othernet EquityMethodInvestmentSummarizedFinancialInformationOthernet	44031000	USD
CY2019	efc	Equity Method Investment Summarized Financial Information Othernet EquityMethodInvestmentSummarizedFinancialInformationOthernet	31848000	USD
CY2020	efc	Equity Method Investment Summarized Financial Information Totalotherincomeloss EquityMethodInvestmentSummarizedFinancialInformationTotalotherincomeloss	88393000	USD
CY2019	efc	Equity Method Investment Summarized Financial Information Totalotherincomeloss EquityMethodInvestmentSummarizedFinancialInformationTotalotherincomeloss	72749000	USD
CY2020	efc	Equity Method Investment Summarized Financial Information Expenses EquityMethodInvestmentSummarizedFinancialInformationExpenses	65492000	USD
CY2019	efc	Equity Method Investment Summarized Financial Information Expenses EquityMethodInvestmentSummarizedFinancialInformationExpenses	58018000	USD
CY2020	efc	Equity Method Investment Summarized Financial Information Netincomelossbeforeincometax EquityMethodInvestmentSummarizedFinancialInformationNetincomelossbeforeincometax	24593000	USD
CY2019	efc	Equity Method Investment Summarized Financial Information Netincomelossbeforeincometax EquityMethodInvestmentSummarizedFinancialInformationNetincomelossbeforeincometax	32002000	USD
CY2020	efc	Equity Method Investment Summarized Financial Information Taxexpensebenefit EquityMethodInvestmentSummarizedFinancialInformationTaxexpensebenefit	776000	USD
CY2019	efc	Equity Method Investment Summarized Financial Information Taxexpensebenefit EquityMethodInvestmentSummarizedFinancialInformationTaxexpensebenefit	979000	USD
CY2020	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	23817000	USD
CY2019	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	31023000	USD
CY2019	efc	Real Estate Acquired Through Foreclosure Disposals Number Of Properties RealEstateAcquiredThroughForeclosureDisposalsNumberOfProperties	13	property
CY2019Q4	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	15	property
CY2019Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	30584000	USD
CY2018Q4	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	20	property
CY2018Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	30778000	USD
CY2020	efc	Real Estate Acquired Through Foreclosure Transfer From Mortgage Loans Number Of Properties RealEstateAcquiredThroughForeclosureTransferFromMortgageLoansNumberOfProperties	10	property
CY2020	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	3384000	USD
CY2019	efc	Real Estate Acquired Through Foreclosure Transfer From Mortgage Loans Number Of Properties RealEstateAcquiredThroughForeclosureTransferFromMortgageLoansNumberOfProperties	8	property
CY2019	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	22577000	USD
CY2020	efc	Real Estate Acquired Through Foreclosure Capital Expenditures And Other Adjustments RealEstateAcquiredThroughForeclosureCapitalExpendituresAndOtherAdjustments	191000	USD
CY2019	efc	Real Estate Acquired Through Foreclosure Capital Expenditures And Other Adjustments RealEstateAcquiredThroughForeclosureCapitalExpendituresAndOtherAdjustments	240000	USD
CY2020	efc	Real Estate Acquired Through Foreclosure Adjustmenttorecordatlowerofcostorfairvalue RealEstateAcquiredThroughForeclosureAdjustmenttorecordatlowerofcostorfairvalue	1053000	USD
CY2019	efc	Real Estate Acquired Through Foreclosure Adjustmenttorecordatlowerofcostorfairvalue RealEstateAcquiredThroughForeclosureAdjustmenttorecordatlowerofcostorfairvalue	1002000	USD
CY2020	efc	Real Estate Acquired Through Foreclosure Disposals Number Of Properties RealEstateAcquiredThroughForeclosureDisposalsNumberOfProperties	12	property

CY2020

dei

Amendment Flag

AmendmentFlag

false

CY2020

dei

Document Fiscal Year Focus

DocumentFiscalYearFocus

2020

CY2020

dei

Document Fiscal Period Focus

DocumentFiscalPeriodFocus

FY

CY2020

dei

Entity Central Index Key

EntityCentralIndexKey

0001411342

CY2020

dei

Current Fiscal Year End Date

CurrentFiscalYearEndDate

--12-31

CY2020Q4

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.001

CY2019Q4

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.001

CY2020Q4

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000

shares

CY2019Q4

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000

shares

CY2020Q4

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

43781684

shares

CY2018

us-gaap

Stockholders Equity Period Increase Decrease

StockholdersEquityPeriodIncreaseDecrease

-25791000

USD

CY2019Q4

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

38647943

shares

CY2020Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

43781684

shares

CY2019Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

38647943

shares

CY2020Q4

us-gaap

Preferred Stock Par Or Stated Value Per Share

PreferredStockParOrStatedValuePerShare

0.001

CY2019Q4

us-gaap

Preferred Stock Par Or Stated Value Per Share

PreferredStockParOrStatedValuePerShare

0.001

CY2020Q4

us-gaap

Preferred Stock Shares Authorized

PreferredStockSharesAuthorized

100000000

shares

CY2019Q4

us-gaap

Preferred Stock Shares Authorized

PreferredStockSharesAuthorized

100000000

shares

CY2020Q4

us-gaap

Preferred Stock Shares Issued

PreferredStockSharesIssued

4600000

shares

CY2019Q4

us-gaap

Preferred Stock Shares Issued

PreferredStockSharesIssued

4600000

shares

CY2020Q4

us-gaap

Preferred Stock Shares Outstanding

PreferredStockSharesOutstanding

4600000

shares

CY2019Q4

us-gaap

Preferred Stock Shares Outstanding

PreferredStockSharesOutstanding

4600000

shares

CY2020

us-gaap

Preferred Stock Dividend Rate Percentage

PreferredStockDividendRatePercentage

0.0675

CY2019

us-gaap

Preferred Stock Dividend Rate Percentage

PreferredStockDividendRatePercentage

0.0675

CY2020Q4

us-gaap

Preferred Stock Liquidation Preference Value

PreferredStockLiquidationPreferenceValue

115000

USD

CY2019Q4

us-gaap

Preferred Stock Liquidation Preference Value

PreferredStockLiquidationPreferenceValue

115000

USD

CY2020

efc

Management Fee Expense Rebates

ManagementFeeExpenseRebates

1051000

USD

CY2019

efc

Management Fee Expense Rebates

ManagementFeeExpenseRebates

1967000

USD

CY2020Q4

efc

Writtencreditderivativespreadthreshold

0.20000

CY2019Q4

efc

Writtencreditderivativespreadthreshold

0.20000

CY2019Q4

efc

Upfrontpointsonwrittencreditderivative

57.0

CY2019Q4

efc

Incentive Fee Loss Carryforward

IncentiveFeeLossCarryforward

0

USD

CY2019Q4

us-gaap

Preferred Stock Shares Outstanding

PreferredStockSharesOutstanding

4600000

shares

CY2018Q4

us-gaap

Investment Owned At Cost

InvestmentOwnedAtCost

2970306000

USD

CY2018Q4

efc

Derivatives Cost

DerivativesCost

22526000

USD

CY2018Q4

efc

Repurchase Agreements Cost

RepurchaseAgreementsCost

61274000

USD

CY2018

us-gaap

Investment Sold Not Yet Purchased Sale Proceeds

InvestmentSoldNotYetPurchasedSaleProceeds

844604000

USD

CY2018Q4

efc

Derivatives Proceeds

DerivativesProceeds

19019000

USD

CY2018Q4

efc

Othersecuredfinancingproceeds

114100000

USD

CY2018Q4

efc

Othersecuredfinancingatfairvalue Proceeds

OthersecuredfinancingatfairvalueProceeds

298706000

USD

CY2018Q4

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000

shares

CY2018Q4

us-gaap

Common Stock Shares Issued

CommonStockSharesIssued

29796601

shares

CY2018Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

29796601

shares

CY2018

us-gaap

Investment Company Contractual Fee Waived

InvestmentCompanyContractualFeeWaived

1380000

USD

CY2018Q4

efc

Writtencreditderivativespreadthreshold

0.20000

CY2018

us-gaap

Management Fee Description

ManagementFeeDescription

The Operating Partnership pays the Manager 1.50% per annum of total equity of the Operating Partnership calculated in accordance with U.S. GAAP as of the end of each fiscal quarter (before deductions for base management fees and incentive fees payable with respect to such fiscal quarter), provided that total equity is adjusted to exclude one-time events pursuant to changes in U.S. GAAP, as well as non-cash charges after discussion between the Manager and the Company's independent directors, and approval by a majority of the Company's independent directors in the case of non-cash charges.

CY2018

us-gaap

Incentive Fee Description

IncentiveFeeDescription

The Manager is entitled to receive a quarterly incentive fee equal to the positive excess, if any, of (i) the product of (A) 25% and (B) the excess of (1) Adjusted Net Income (described below) for the Incentive Calculation Period (which means such fiscal quarter and the immediately preceding three fiscal quarters) over (2) the sum of the Hurdle Amounts (described below) for the Incentive Calculation Period, over (ii) the sum of the incentive fees already paid or payable for each fiscal quarter in the Incentive Calculation Period preceding such fiscal quarter.For purposes of calculating the incentive fee, "Adjusted Net Income" for the Incentive Calculation Period means the net increase in equity from operations of the Operating Partnership, after all base management fees but before any incentive fees for such period, and excluding any non-cash equity compensation expenses for such period, as reduced by any Loss Carryforward (as described below) as of the end of the fiscal quarter preceding the Incentive Calculation Period.For purposes of calculating the incentive fee, the "Loss Carryforward" as of the end of any fiscal quarter is calculated by determining the excess, if any, of (1) the Loss Carryforward as of the end of the immediately preceding fiscal quarter over (2) the Company's net increase in equity from operations (expressed as a positive number) or net decrease in equity from operations (expressed as a negative number) of the Operating Partnership for such fiscal quarter. As of December 31, 2018, there was a Loss Carryforward of $2.1 million.For purposes of calculating the incentive fee, the "Hurdle Amount" means, with respect to any fiscal quarter, the product of (i) one-fourth of the greater of (A) 9% and (B) 3% plus the 10-year U.S. Treasury rate for such fiscal quarter, (ii) the sum of (A) the weighted average gross proceeds per share of all common share and OP Unit issuances since inception of the Company and up to the end of such fiscal quarter, with each issuance weighted by both the number of shares and OP Units issued in such issuance and the number of days that such issued shares and OP Units were outstanding during such fiscal quarter, using a first-in first-out basis of accounting (i.e. attributing any share and OP Unit repurchases to the earliest issuances first) and (B) the result obtained by dividing (I) retained earnings attributable to common shares and OP Units at the beginning of such fiscal quarter by (II) the average number of common shares and OP Units outstanding for each day during such fiscal quarter, (iii) the sum of (x) the average number of common shares and LTIP Units outstanding for each day during such fiscal quarter, and (y) the average number of OP Units and OP LTIP Units outstanding for each day during such fiscal quarter. For purposes of determining the Hurdle Amount, issuances of common shares, OP LTIP Units, and OP Units (a) as equity incentive awards, (b) to the Manager as part of its base management fee or incentive fee and (c) to the Manager or any of its affiliates in privately negotiated transactions, are excluded from the calculation. The payment of the incentive fee will be in a combination of common shares and cash, provided that at least 10% of any quarterly payment will be made in common shares.

CY2018

efc

Termination Fee Description

TerminationFeeDescription

The Management Agreement requires the Company to pay a termination fee to the Manager in the event of (1) the Company's termination or non-renewal of the Management Agreement without cause or (2) the Company's termination of the Management Agreement based on unsatisfactory performance by the Manager that is materially detrimental to the Company or (3) the Manager's termination of the Management Agreement upon a default by the Company in the performance of any material term of the Management Agreement. Such termination fee will be equal to the amount of three times the sum of (i) the average annual Quarterly Base Management Fee Amounts paid or payable with respect to the two 12-month periods ending on the last day of the latest fiscal quarter completed on or prior to the date of the notice of termination or non-renewal and (ii) the average annual Quarterly Incentive Fee Amounts paid or payable with respect to the two 12-month periods ending on the last day of the latest fiscal quarter completed on or prior to the date of the notice of termination or non-renewal.

CY2019Q1

us-gaap

Dividends Payable Date Declared Day Month And Year

DividendsPayableDateDeclaredDayMonthAndYear

2019-02-14

CY2019Q1

us-gaap

Dividend Payable Date To Be Paid Day Month And Year

DividendPayableDateToBePaidDayMonthAndYear

2019-03-15

CY2019Q1

us-gaap

Dividends Payable Date Of Record Day Month And Year

DividendsPayableDateOfRecordDayMonthAndYear

2019-03-01

CY2019Q1

us-gaap

Dividends Payable Date Declared Day Month And Year

DividendsPayableDateDeclaredDayMonthAndYear

2019-03-11

CY2019Q1

us-gaap

Dividend Payable Date To Be Paid Day Month And Year

DividendPayableDateToBePaidDayMonthAndYear

2019-04-25

CY2020

dei

Entity Interactive Data Current

EntityInteractiveDataCurrent

Yes

CY2019Q1

us-gaap

Dividends Payable Date Of Record Day Month And Year

DividendsPayableDateOfRecordDayMonthAndYear

2019-03-29

CY2020

dei

Document Type

DocumentType

10-K

CY2020

dei

Document Annual Report

DocumentAnnualReport

true

CY2020

dei

Document Period End Date

DocumentPeriodEndDate

2020-12-31

CY2020

dei

Document Transition Report

DocumentTransitionReport

false

CY2020

dei

Entity File Number

EntityFileNumber

001-34569

CY2020

dei

Entity Registrant Name

EntityRegistrantName

Ellington Financial Inc.

CY2020

dei

Entity Incorporation State Country Code

EntityIncorporationStateCountryCode

DE

CY2020

dei

Entity Tax Identification Number

EntityTaxIdentificationNumber

26-0489289

CY2020

dei

Entity Address Address Line1

EntityAddressAddressLine1

53 Forest Avenue

CY2020

dei

Entity Address City Or Town

EntityAddressCityOrTown

Old Greenwich

CY2020

dei

Entity Address State Or Province

EntityAddressStateOrProvince

CT

CY2020

dei

Entity Address Postal Zip Code

EntityAddressPostalZipCode

06870

CY2020

dei

City Area Code

CityAreaCode

203

CY2020

dei

Local Phone Number

LocalPhoneNumber

698-1200

CY2020

dei

Entity Well Known Seasoned Issuer

EntityWellKnownSeasonedIssuer

No

CY2020

dei

Entity Voluntary Filers

EntityVoluntaryFilers

No

CY2020

dei

Entity Current Reporting Status

EntityCurrentReportingStatus

Yes

CY2020

dei

Entity Filer Category

EntityFilerCategory

Accelerated Filer

CY2020

dei

Entity Small Business

EntitySmallBusiness

false

CY2020

dei

Entity Emerging Growth Company

EntityEmergingGrowthCompany

false

CY2020

efc

Icfr Auditor Attestation Flag

IcfrAuditorAttestationFlag

true

CY2020

dei

Entity Shell Company

EntityShellCompany

false

CY2020Q2

dei

Entity Public Float

EntityPublicFloat

478888017

USD

CY2021Q1

dei

Entity Common Stock Shares Outstanding

EntityCommonStockSharesOutstanding

43781684

shares

CY2020Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

111647000

USD

CY2019Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

72302000

USD

CY2020Q4

us-gaap

Restricted Cash

RestrictedCash

175000

USD

CY2019Q4

us-gaap

Restricted Cash

RestrictedCash

175000

USD

CY2020Q4

us-gaap

Available For Sale Securities Debt Securities

AvailableForSaleSecuritiesDebtSecurities

1514185000

USD

CY2019Q4

us-gaap

Available For Sale Securities Debt Securities

AvailableForSaleSecuritiesDebtSecurities

2449941000

USD

CY2020Q4

efc

Investmentinloans

1453480000

USD

CY2019Q4

efc

Investmentinloans

1412426000

USD

CY2020Q4

us-gaap

Equity Method Investments Fair Value Disclosure

EquityMethodInvestmentsFairValueDisclosure

141620000

USD

CY2019Q4

us-gaap

Equity Method Investments Fair Value Disclosure

EquityMethodInvestmentsFairValueDisclosure

71850000

USD

CY2020Q4

us-gaap

Real Estate Acquired Through Foreclosure

RealEstateAcquiredThroughForeclosure

23598000

USD

CY2019Q4

us-gaap

Real Estate Acquired Through Foreclosure

RealEstateAcquiredThroughForeclosure

30584000

USD

CY2020Q4

us-gaap

Derivative Assets

DerivativeAssets

15479000

USD

CY2019Q4

us-gaap

Derivative Assets

DerivativeAssets

16788000

USD

CY2020Q4

us-gaap

Securities Purchased Under Agreements To Resell Not Subject To Master Netting Arrangement

SecuritiesPurchasedUnderAgreementsToResellNotSubjectToMasterNettingArrangement

38640000

USD

CY2019Q4

us-gaap

Securities Purchased Under Agreements To Resell Not Subject To Master Netting Arrangement

SecuritiesPurchasedUnderAgreementsToResellNotSubjectToMasterNettingArrangement

73639000

USD

CY2020Q4

us-gaap

Deposits Assets

DepositsAssets

63147000

USD

CY2019Q4

us-gaap

Deposits Assets

DepositsAssets

79829000

USD

CY2020Q4

efc

Receivables From Securities Sold Financial Derivatives Interestand Principal

ReceivablesFromSecuritiesSoldFinancialDerivativesInterestandPrincipal

49317000

USD

CY2019Q4

efc

Receivables From Securities Sold Financial Derivatives Interestand Principal

ReceivablesFromSecuritiesSoldFinancialDerivativesInterestandPrincipal

123120000

USD

CY2020Q4

us-gaap

Other Assets

OtherAssets

2575000

USD

CY2019Q4

us-gaap

Other Assets

OtherAssets

7563000

USD

CY2020Q4

us-gaap

Assets

3413863000

USD

CY2019Q4

us-gaap

Assets

4338217000

USD

CY2020Q4

us-gaap

Financial Instruments Sold Not Yet Purchased At Fair Value

FinancialInstrumentsSoldNotYetPurchasedAtFairValue

38642000

USD

CY2019Q4

us-gaap

Financial Instruments Sold Not Yet Purchased At Fair Value

FinancialInstrumentsSoldNotYetPurchasedAtFairValue

73409000

USD

CY2020Q4

us-gaap

Assets Sold Under Agreements To Repurchase Repurchase Liability

AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability

1496931000

USD

CY2019Q4

us-gaap

Assets Sold Under Agreements To Repurchase Repurchase Liability

AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability

2445300000

USD

CY2020Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

24553000

USD

CY2019Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

27621000

USD

CY2020Q4

us-gaap

Other Payables To Broker Dealers And Clearing Organizations

OtherPayablesToBrokerDealersAndClearingOrganizations

5059000

USD

CY2019Q4

us-gaap

Other Payables To Broker Dealers And Clearing Organizations

OtherPayablesToBrokerDealersAndClearingOrganizations

2197000

USD

CY2020Q4

srt

Payables To Broker Dealers And Clearing Organizations

PayablesToBrokerDealersAndClearingOrganizations

4754000

USD

CY2019Q4

srt

Payables To Broker Dealers And Clearing Organizations

PayablesToBrokerDealersAndClearingOrganizations

66133000

USD

CY2020Q4

us-gaap

Other Secured Financings

OtherSecuredFinancings

51062000

USD

CY2019Q4

us-gaap

Other Secured Financings

OtherSecuredFinancings

150334000

USD

CY2020Q4

efc

Othersecuredborrowingsatfairvalue

754921000

USD

CY2019Q4

efc

Othersecuredborrowingsatfairvalue

594396000

USD

CY2020Q4

us-gaap

Long Term Debt

LongTermDebt

85561000

USD

CY2019Q4

us-gaap

Long Term Debt

LongTermDebt

85298000

USD

CY2020Q4

us-gaap

Management Fee Payable

ManagementFeePayable

3178000

USD

CY2019Q4

us-gaap

Management Fee Payable

ManagementFeePayable

2663000

USD

CY2020Q4

efc

Accrued Incentive Fee

AccruedIncentiveFee

0

USD

CY2019Q4

efc

Accrued Incentive Fee

AccruedIncentiveFee

116000

USD

CY2020Q4

us-gaap

Dividends Payable Current And Noncurrent

DividendsPayableCurrentAndNoncurrent

5738000

USD

CY2019Q4

us-gaap

Dividends Payable Current And Noncurrent

DividendsPayableCurrentAndNoncurrent

6978000

USD

CY2020Q4

us-gaap

Interest Payable Current And Noncurrent

InterestPayableCurrentAndNoncurrent

3233000

USD

CY2019Q4

us-gaap

Interest Payable Current And Noncurrent

InterestPayableCurrentAndNoncurrent

7320000

USD

CY2020Q4

us-gaap

Accrued Liabilities And Other Liabilities

AccruedLiabilitiesAndOtherLiabilities

18659000

USD

CY2019Q4

us-gaap

Accrued Liabilities And Other Liabilities

AccruedLiabilitiesAndOtherLiabilities

7753000

USD

CY2020Q4

us-gaap

Liabilities

2492291000

USD

CY2019Q4

us-gaap

Liabilities

3469518000

USD

CY2020Q4

us-gaap

Commitments And Contingencies

CommitmentsAndContingencies

USD

CY2020Q4

us-gaap

Preferred Stock Value Outstanding

PreferredStockValueOutstanding

111034000

USD

CY2019Q4

us-gaap

Preferred Stock Value Outstanding

PreferredStockValueOutstanding

111034000

USD

CY2020Q4

us-gaap

Common Stock Value

CommonStockValue

44000

USD

CY2019Q4

us-gaap

Common Stock Value

CommonStockValue

39000

USD

CY2020Q4

us-gaap

Other Additional Capital

OtherAdditionalCapital

915658000

USD

CY2019Q4

us-gaap

Other Additional Capital

OtherAdditionalCapital

821747000

USD

CY2020Q4

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-141521000

USD

CY2019Q4

us-gaap

Retained Earnings Accumulated Deficit

RetainedEarningsAccumulatedDeficit

-103555000

USD

CY2020Q4

us-gaap

Stockholders Equity

StockholdersEquity

885215000

USD

CY2019Q4

us-gaap

Stockholders Equity

StockholdersEquity

829265000

USD

CY2020Q4

us-gaap

Minority Interest

MinorityInterest

36357000

USD

CY2019Q4

us-gaap

Minority Interest

MinorityInterest

39434000

USD

CY2020Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

921572000

USD

CY2019Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

868699000

USD

CY2020Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

3413863000

USD

CY2019Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

4338217000

USD

CY2020

us-gaap

Interest Income Operating

InterestIncomeOperating

173531000

USD

CY2019

us-gaap

Interest Income Operating

InterestIncomeOperating

159901000

USD

CY2020

us-gaap

Interest Expense

InterestExpense

61665000

USD

CY2019

us-gaap

Interest Expense

InterestExpense

78479000

USD

CY2020

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

111866000

USD

CY2019

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

81422000

USD

CY2020

efc

Securities And Loans Realized Gains Losses

SecuritiesAndLoansRealizedGainsLosses

-5960000

USD

CY2019

efc

Securities And Loans Realized Gains Losses

SecuritiesAndLoansRealizedGainsLosses

-12785000

USD

CY2020

efc

Net Realized Gain Loss On Derivatives

NetRealizedGainLossOnDerivatives

-31521000

USD

CY2019

efc

Net Realized Gain Loss On Derivatives

NetRealizedGainLossOnDerivatives

-30912000

USD

CY2020

efc

Real Estate Acquired Through Foreclosure Realized Gains Losses On Disposal

RealEstateAcquiredThroughForeclosureRealizedGainsLossesOnDisposal

15000

USD

CY2019

efc

Real Estate Acquired Through Foreclosure Realized Gains Losses On Disposal

RealEstateAcquiredThroughForeclosureRealizedGainsLossesOnDisposal

2327000

USD

CY2020

efc

Securities And Loans Unrealized Gains Losses

SecuritiesAndLoansUnrealizedGainsLosses

-25783000

USD

CY2019

efc

Securities And Loans Unrealized Gains Losses

SecuritiesAndLoansUnrealizedGainsLosses

54478000

USD

CY2020

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

989000

USD

CY2019

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

-5338000

USD

CY2020

efc

Real Estate Acquired Through Foreclosure Unrealized Gains Losses

RealEstateAcquiredThroughForeclosureUnrealizedGainsLosses

-649000

USD

CY2019

efc

Real Estate Acquired Through Foreclosure Unrealized Gains Losses

RealEstateAcquiredThroughForeclosureUnrealizedGainsLosses

-1279000

USD

CY2020

us-gaap

Noninterest Income Other Operating Income

NoninterestIncomeOtherOperatingIncome

-2298000

USD

CY2019

us-gaap

Noninterest Income Other Operating Income

NoninterestIncomeOtherOperatingIncome

5350000

USD

CY2020

us-gaap

Noninterest Income

NoninterestIncome

-65207000

USD

CY2019

us-gaap

Noninterest Income

NoninterestIncome

11841000

USD

CY2020

us-gaap

Management Fee Expense

ManagementFeeExpense

11508000

USD

CY2019

us-gaap

Management Fee Expense

ManagementFeeExpense

7988000

USD

CY2020

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

0

USD

CY2019

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

116000

USD

CY2020

efc

Otherinvestmentrelatedexpenses Servicingexpense

OtherinvestmentrelatedexpensesServicingexpense

9139000

USD

CY2019

efc

Otherinvestmentrelatedexpenses Servicingexpense

OtherinvestmentrelatedexpensesServicingexpense

8632000

USD

CY2020

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

3894000

USD

CY2019

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

3536000

USD

CY2020

efc

Otherinvestmentrelatedexpense Other

OtherinvestmentrelatedexpenseOther

5111000

USD

CY2019

efc

Otherinvestmentrelatedexpense Other

OtherinvestmentrelatedexpenseOther

5609000

USD

CY2020

us-gaap

Professional Fees

ProfessionalFees

5005000

USD

CY2019

us-gaap

Professional Fees

ProfessionalFees

4853000

USD

CY2020

us-gaap

Salaries And Wages

SalariesAndWages

3776000

USD

CY2019

us-gaap

Salaries And Wages

SalariesAndWages

3649000

USD

CY2020

us-gaap

Other Expenses

OtherExpenses

6405000

USD

CY2019

us-gaap

Other Expenses

OtherExpenses

4354000

USD

CY2020

us-gaap

Operating Expenses

OperatingExpenses

44838000

USD

CY2019

us-gaap

Operating Expenses

OperatingExpenses

38737000

USD

CY2020

us-gaap

Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments

IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

1821000

USD

CY2019

us-gaap

Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments

IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

54526000

USD

CY2020

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

11377000

USD

CY2019

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

1558000

USD

CY2020

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

37933000

USD

CY2019

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

10209000

USD

CY2020

us-gaap

Profit Loss

ProfitLoss

28377000

USD

CY2019

us-gaap

Profit Loss

ProfitLoss

63177000

USD

CY2020

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

3369000

USD

CY2019

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

5244000

USD

CY2020

us-gaap

Dividends Preferred Stock

DividendsPreferredStock

7763000

USD

CY2019

us-gaap

Dividends Preferred Stock

DividendsPreferredStock

1466000

USD

CY2020

us-gaap

Net Income Loss

NetIncomeLoss

17245000

USD

CY2019

us-gaap

Net Income Loss

NetIncomeLoss

56467000

USD

CY2020

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

0.39

CY2019

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

1.76

CY2020

us-gaap

Stock Repurchased And Retired During Period Value

StockRepurchasedAndRetiredDuringPeriodValue

3056000

USD

CY2018Q4

us-gaap

Preferred Stock Value Outstanding

PreferredStockValueOutstanding

0

USD

CY2018Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

595170000

USD

CY2019

us-gaap

Profit Loss

ProfitLoss

63177000

USD

CY2019

us-gaap

Noncontrolling Interest Increase From Sale Of Parent Equity Interest

NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest

27650000

USD

CY2019

us-gaap

Dividends Common Stock Cash

DividendsCommonStockCash

59824000

USD

CY2019

us-gaap

Dividends Preferred Stock Cash

DividendsPreferredStockCash

1466000

USD

CY2019

us-gaap

Minority Interest Decrease From Distributions To Noncontrolling Interest Holders

MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders

23063000

USD

CY2019

us-gaap

Stock Repurchased And Retired During Period Value

StockRepurchasedAndRetiredDuringPeriodValue

782000

USD

CY2019

us-gaap

Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

475000

USD

CY2019Q4

us-gaap

Preferred Stock Value Outstanding

PreferredStockValueOutstanding

111034000

USD

CY2019Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

868699000

USD

CY2020

us-gaap

Profit Loss

ProfitLoss

28377000

USD

CY2020

us-gaap

Noncontrolling Interest Increase From Sale Of Parent Equity Interest

NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest

8270000

USD

CY2020

us-gaap

Dividends Common Stock Cash

DividendsCommonStockCash

56023000

USD

CY2020

us-gaap

Dividends Preferred Stock Cash

DividendsPreferredStockCash

7763000

USD

CY2020

us-gaap

Minority Interest Decrease From Distributions To Noncontrolling Interest Holders

MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders

12958000

USD

CY2020

us-gaap

Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

722000

USD

CY2020Q4

us-gaap

Preferred Stock Value Outstanding

PreferredStockValueOutstanding

111034000

USD

CY2020Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

921572000

USD

CY2020

us-gaap

Common Stock Dividends Per Share Declared

CommonStockDividendsPerShareDeclared

1.26

CY2019

us-gaap

Common Stock Dividends Per Share Declared

CommonStockDividendsPerShareDeclared

1.81

CY2020

us-gaap

Preferred Stock Dividends Per Share Declared

PreferredStockDividendsPerShareDeclared

1.265625

CY2019

us-gaap

Preferred Stock Dividends Per Share Declared

PreferredStockDividendsPerShareDeclared

0.45938

CY2020

us-gaap

Profit Loss

ProfitLoss

28377000

USD

CY2019

us-gaap

Profit Loss

ProfitLoss

63177000

USD

CY2020

us-gaap

Accretion Amortization Of Discounts And Premiums Investments

AccretionAmortizationOfDiscountsAndPremiumsInvestments

-41681000

USD

CY2019

us-gaap

Accretion Amortization Of Discounts And Premiums Investments

AccretionAmortizationOfDiscountsAndPremiumsInvestments

-48132000

USD

CY2020

efc

Securities And Loans Realized Gains Losses

SecuritiesAndLoansRealizedGainsLosses

-5960000

USD

CY2019

efc

Securities And Loans Realized Gains Losses

SecuritiesAndLoansRealizedGainsLosses

-12785000

USD

CY2020

efc

Net Realized Gain Loss On Derivatives

NetRealizedGainLossOnDerivatives

-31521000

USD

CY2019

efc

Net Realized Gain Loss On Derivatives

NetRealizedGainLossOnDerivatives

-30912000

USD

CY2020

efc

Real Estate Acquired Through Foreclosure Realized Gains Losses On Disposal

RealEstateAcquiredThroughForeclosureRealizedGainsLossesOnDisposal

15000

USD

CY2019

efc

Real Estate Acquired Through Foreclosure Realized Gains Losses On Disposal

RealEstateAcquiredThroughForeclosureRealizedGainsLossesOnDisposal

2327000

USD

CY2020

efc

Securities And Loans Unrealized Gains Losses

SecuritiesAndLoansUnrealizedGainsLosses

-25783000

USD

CY2019

efc

Securities And Loans Unrealized Gains Losses

SecuritiesAndLoansUnrealizedGainsLosses

54478000

USD

CY2020

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

989000

USD

CY2019

us-gaap

Unrealized Gain Loss On Derivatives

UnrealizedGainLossOnDerivatives

-5338000

USD

CY2020

efc

Real Estate Acquired Through Foreclosure Unrealized Gains Losses

RealEstateAcquiredThroughForeclosureUnrealizedGainsLosses

-649000

USD

CY2019

efc

Real Estate Acquired Through Foreclosure Unrealized Gains Losses

RealEstateAcquiredThroughForeclosureUnrealizedGainsLosses

-1279000

USD

CY2020

efc

Unrealizedgainslossesothernet

-9562000

USD

CY2019

efc

Unrealizedgainslossesothernet

-645000

USD

CY2020

us-gaap

Foreign Currency Transaction Gain Loss Realized

ForeignCurrencyTransactionGainLossRealized

-173000

USD

CY2019

us-gaap

Foreign Currency Transaction Gain Loss Realized

ForeignCurrencyTransactionGainLossRealized

-2392000

USD

CY2020

efc

Foreign Currency Translation Gain Loss Unrealized

ForeignCurrencyTranslationGainLossUnrealized

-1720000

USD

CY2019

efc

Foreign Currency Translation Gain Loss Unrealized

ForeignCurrencyTranslationGainLossUnrealized

-3310000

USD

CY2020

us-gaap

Amortization Of Financing Costs

AmortizationOfFinancingCosts

263000

USD

CY2019

us-gaap

Amortization Of Financing Costs

AmortizationOfFinancingCosts

263000

USD

CY2020

efc

Shares Issued In Connection With Incentive Fee Payment Non Cash

SharesIssuedInConnectionWithIncentiveFeePaymentNonCash

12000

USD

CY2019

efc

Shares Issued In Connection With Incentive Fee Payment Non Cash

SharesIssuedInConnectionWithIncentiveFeePaymentNonCash

0

USD

CY2020

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

722000

USD

CY2019

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

475000

USD

CY2020

efc

Interestincomerelatedtoconsolidatedsecuritizationtrust

-21800000

USD

CY2019

efc

Interestincomerelatedtoconsolidatedsecuritizationtrust

-16034000

USD

CY2020

efc

Interestexpenserelatedtoconsolidatedsecuritizationtrust

21020000

USD

CY2019

efc

Interestexpenserelatedtoconsolidatedsecuritizationtrust

15136000

USD

CY2020

efc

Cashoutflowfordebtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

CashoutflowfordebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

1749000

USD

CY2019

efc

Cashoutflowfordebtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

CashoutflowfordebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

1381000

USD

CY2020

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

37933000

USD

CY2019

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

10209000

USD

CY2020

efc

Increasedecreaseininterestandprincipalreceivable

-5223000

USD

CY2019

efc

Increasedecreaseininterestandprincipalreceivable

15449000

USD

CY2020

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

-1077000

USD

CY2019

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

3663000

USD

CY2020

efc

Increasedecreaseinaccruedmanagementfee

515000

USD

CY2019

efc

Increasedecreaseinaccruedmanagementfee

919000

USD

CY2020

efc

Increase Decreasein Accrued Incentive Fee

IncreaseDecreaseinAccruedIncentiveFee

-116000

USD

CY2019

efc

Increase Decreasein Accrued Incentive Fee

IncreaseDecreaseinAccruedIncentiveFee

116000

USD

CY2020

us-gaap

Increase Decrease In Interest Payable Net

IncreaseDecreaseInInterestPayableNet

-3798000

USD

CY2019

us-gaap

Increase Decrease In Interest Payable Net

IncreaseDecreaseInInterestPayableNet

161000

USD

CY2020

us-gaap

Increase Decrease In Other Accounts Payable And Accrued Liabilities

IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities

11590000

USD

CY2019

us-gaap

Increase Decrease In Other Accounts Payable And Accrued Liabilities

IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities

1607000

USD

CY2020

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

119506000

USD

CY2019

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

79248000

USD

CY2020

us-gaap

Payments To Acquire Available For Sale Securities Debt

PaymentsToAcquireAvailableForSaleSecuritiesDebt

1346245000

USD

CY2019

us-gaap

Payments To Acquire Available For Sale Securities Debt

PaymentsToAcquireAvailableForSaleSecuritiesDebt

3057372000

USD

CY2020

us-gaap

Payments To Acquire Loans Receivable

PaymentsToAcquireLoansReceivable

852261000

USD

CY2019

us-gaap

Payments To Acquire Loans Receivable

PaymentsToAcquireLoansReceivable

1040006000

USD

CY2020

us-gaap

Payments For Capital Improvements

PaymentsForCapitalImprovements

153000

USD

CY2019

us-gaap

Payments For Capital Improvements

PaymentsForCapitalImprovements

240000

USD

CY2020

us-gaap

Proceeds From Sale Of Available For Sale Securities Debt

ProceedsFromSaleOfAvailableForSaleSecuritiesDebt

1888099000

USD

CY2019

us-gaap

Proceeds From Sale Of Available For Sale Securities Debt

ProceedsFromSaleOfAvailableForSaleSecuritiesDebt

1838182000

USD

CY2020

us-gaap

Proceeds From Sale Of Loans Receivable

ProceedsFromSaleOfLoansReceivable

25414000

USD

CY2019

us-gaap

Proceeds From Sale Of Loans Receivable

ProceedsFromSaleOfLoansReceivable

28878000

USD

CY2020

us-gaap

Payments To Acquire Equity Method Investments

PaymentsToAcquireEquityMethodInvestments

34624000

USD

CY2019

us-gaap

Payments To Acquire Equity Method Investments

PaymentsToAcquireEquityMethodInvestments

42124000

USD

CY2020

us-gaap

Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital

ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital

30644000

USD

CY2019

us-gaap

Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital

ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital

49758000

USD

CY2020

efc

Proceeds From Dispositionof Real Estate Owned

ProceedsFromDispositionofRealEstateOwned

9889000

USD

CY2019

efc

Proceeds From Dispositionof Real Estate Owned

ProceedsFromDispositionofRealEstateOwned

24059000

USD

CY2020

us-gaap

Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities

ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities

362987000

USD

CY2019

us-gaap

Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities

ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities

275221000

USD

CY2020

us-gaap

Proceeds From Collection Of Loans Receivable

ProceedsFromCollectionOfLoansReceivable

443640000

USD

CY2019

us-gaap

Proceeds From Collection Of Loans Receivable

ProceedsFromCollectionOfLoansReceivable

304953000

USD

CY2020

efc

Proceeds From Investments Sold Short

ProceedsFromInvestmentsSoldShort

268294000

USD

CY2019

efc

Proceeds From Investments Sold Short

ProceedsFromInvestmentsSoldShort

645553000

USD

CY2020

efc

Repurchase Of Securities Sold Short Investing Activities

RepurchaseOfSecuritiesSoldShortInvestingActivities

310559000

USD

CY2019

efc

Repurchase Of Securities Sold Short Investing Activities

RepurchaseOfSecuritiesSoldShortInvestingActivities

650576000

USD

CY2020

us-gaap

Payments For Derivative Instrument Investing Activities

PaymentsForDerivativeInstrumentInvestingActivities

115418000

USD

CY2019

us-gaap

Payments For Derivative Instrument Investing Activities

PaymentsForDerivativeInstrumentInvestingActivities

90057000

USD

CY2020

us-gaap

Proceeds From Derivative Instrument Investing Activities

ProceedsFromDerivativeInstrumentInvestingActivities

84597000

USD

CY2019

us-gaap

Proceeds From Derivative Instrument Investing Activities

ProceedsFromDerivativeInstrumentInvestingActivities

58578000

USD

CY2020

us-gaap

Payments For Securities Purchased Under Agreements To Resell

PaymentsForSecuritiesPurchasedUnderAgreementsToResell

7586769000

USD

CY2019

us-gaap

Payments For Securities Purchased Under Agreements To Resell

PaymentsForSecuritiesPurchasedUnderAgreementsToResell

7050581000

USD

CY2020

us-gaap

Proceeds From Securities Purchased Under Agreements To Resell

ProceedsFromSecuritiesPurchasedUnderAgreementsToResell

7622670000

USD

CY2019

us-gaap

Proceeds From Securities Purchased Under Agreements To Resell

ProceedsFromSecuritiesPurchasedUnderAgreementsToResell

7038216000

USD

CY2020

efc

Proceeds From Brokers Investing Activities

ProceedsFromBrokersInvestingActivities

16443000

USD

CY2019

efc

Proceeds From Brokers Investing Activities

ProceedsFromBrokersInvestingActivities

6483000

USD

CY2020

efc

Payments To Brokers Investing Activities

PaymentsToBrokersInvestingActivities

-619000

USD

CY2019

efc

Payments To Brokers Investing Activities

PaymentsToBrokersInvestingActivities

3458000

USD

CY2020

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

507267000

USD

CY2019

us-gaap

Net Cash Provided By Used In Investing Activities

NetCashProvidedByUsedInInvestingActivities

-1664533000

USD

CY2020

us-gaap

Proceeds From Issuance Of Common Stock

ProceedsFromIssuanceOfCommonStock

95537000

USD

CY2019

us-gaap

Proceeds From Issuance Of Common Stock

ProceedsFromIssuanceOfCommonStock

156742000

USD

CY2020

us-gaap

Proceeds From Issuance Of Preferred Stock And Preference Stock

ProceedsFromIssuanceOfPreferredStockAndPreferenceStock

0

USD

CY2019

us-gaap

Proceeds From Issuance Of Preferred Stock And Preference Stock

ProceedsFromIssuanceOfPreferredStockAndPreferenceStock

111378000

USD

CY2020

us-gaap

Payments Of Stock Issuance Costs

PaymentsOfStockIssuanceCosts

253000

USD

CY2019

us-gaap

Payments Of Stock Issuance Costs

PaymentsOfStockIssuanceCosts

712000

USD

CY2020

us-gaap

Payments For Repurchase Of Common Stock

PaymentsForRepurchaseOfCommonStock

3056000

USD

CY2019

us-gaap

Payments For Repurchase Of Common Stock

PaymentsForRepurchaseOfCommonStock

782000

USD

CY2020

us-gaap

Payments Of Dividends

PaymentsOfDividends

65026000

USD

CY2019

us-gaap

Payments Of Dividends

PaymentsOfDividends

54312000

USD

CY2020

us-gaap

Proceeds From Minority Shareholders

ProceedsFromMinorityShareholders

9848000

USD

CY2019

us-gaap

Proceeds From Minority Shareholders

ProceedsFromMinorityShareholders

27650000

USD

CY2020

us-gaap

Payments To Minority Shareholders

PaymentsToMinorityShareholders

11301000

USD

CY2019

us-gaap

Payments To Minority Shareholders

PaymentsToMinorityShareholders

23063000

USD

CY2020

efc

Proceedsfromissuanceofsecuritizeddebt

57863000

USD

CY2019

efc

Proceedsfromissuanceofsecuritizeddebt

97642000

USD

CY2020

efc

Principal Payment On Securitized Debt

PrincipalPaymentOnSecuritizedDebt

67325000

USD

CY2019

efc

Principal Payment On Securitized Debt

PrincipalPaymentOnSecuritizedDebt

61408000

USD

CY2020

efc

Borrowingsunder Reverse Repurchase Agreements

BorrowingsunderReverseRepurchaseAgreements

4138940000

USD

CY2019

efc

Borrowingsunder Reverse Repurchase Agreements

BorrowingsunderReverseRepurchaseAgreements

9047746000

USD

CY2020

efc

Repaymentsof Reverse Repurchase Agreements

RepaymentsofReverseRepurchaseAgreements

5059445000

USD

CY2019

efc

Repaymentsof Reverse Repurchase Agreements

RepaymentsofReverseRepurchaseAgreements

7862227000

USD

CY2020

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

427959000

USD

CY2019

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

250666000

USD

CY2020

us-gaap

Repayments Of Secured Debt

RepaymentsOfSecuredDebt

112253000

USD

CY2019

us-gaap

Repayments Of Secured Debt

RepaymentsOfSecuredDebt

62608000

USD

CY2020

efc

Proceeds From Brokers Financing Activities

ProceedsFromBrokersFinancingActivities

49000

USD

CY2019

efc

Proceeds From Brokers Financing Activities

ProceedsFromBrokersFinancingActivities

-13676000

USD

CY2020

efc

Payments To Brokers Financing Activities

PaymentsToBrokersFinancingActivities

-1035000

USD

CY2019

efc

Payments To Brokers Financing Activities

PaymentsToBrokersFinancingActivities

355000

USD

CY2020

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

-587428000

USD

CY2019

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

1612681000

USD

CY2020

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

39345000

USD

CY2019

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

27396000

USD

CY2019Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

72477000

USD

CY2018Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

45081000

USD

CY2020Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

111822000

USD

CY2019Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

72477000

USD

CY2020

us-gaap

Interest Paid Net

InterestPaidNet

65751000

USD

CY2019

us-gaap

Interest Paid Net

InterestPaidNet

78754000

USD

CY2020

us-gaap

Income Taxes Paid

IncomeTaxesPaid

543000

USD

CY2019

us-gaap

Income Taxes Paid

IncomeTaxesPaid

189000

USD

CY2020Q4

us-gaap

Dividends Payable Current And Noncurrent

DividendsPayableCurrentAndNoncurrent

5738000

USD

CY2019Q4

us-gaap

Dividends Payable Current And Noncurrent

DividendsPayableCurrentAndNoncurrent

6978000

USD

CY2020

efc

Shares Issued In Connection With Incentive Fee Payment Non Cash

SharesIssuedInConnectionWithIncentiveFeePaymentNonCash

12000

USD

CY2019

efc

Shares Issued In Connection With Incentive Fee Payment Non Cash

SharesIssuedInConnectionWithIncentiveFeePaymentNonCash

0

USD

CY2020

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

722000

USD

CY2019

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

475000

USD

CY2020

efc

Contributionfromnoncontrollinginterestnoncash

2340000

USD

CY2019

efc

Contributionfromnoncontrollinginterestnoncash

0

USD

CY2020

efc

Distributionstononcontrollinginterests

-2340000

USD

CY2019

efc

Distributionstononcontrollinginterests

0

USD

CY2020

us-gaap

Transfer To Other Real Estate

TransferToOtherRealEstate

3384000

USD

CY2019

us-gaap

Transfer To Other Real Estate

TransferToOtherRealEstate

22577000

USD

CY2020

efc

Transfersfrommortgageloanstoinvestmentsinnonconsolidatedentitiesnoncash

10833000

USD

CY2019

efc

Transfersfrommortgageloanstoinvestmentsinnonconsolidatedentitiesnoncash

0

USD

CY2020

efc

Purchaseof Investments Non Cash

PurchaseofInvestmentsNonCash

0

USD

CY2019

efc

Purchaseof Investments Non Cash

PurchaseofInvestmentsNonCash

2975000

USD

CY2020

efc

Contributions To Investments In Non Consolidated Entities Non Cash

ContributionsToInvestmentsInNonConsolidatedEntitiesNonCash

-17023000

USD

CY2019

efc

Contributions To Investments In Non Consolidated Entities Non Cash

ContributionsToInvestmentsInNonConsolidatedEntitiesNonCash

0

USD

CY2020

efc

Distributionsfrominvestmentsinunconsolidatedentities

0

USD

CY2019

efc

Distributionsfrominvestmentsinunconsolidatedentities

2975000

USD

CY2020

efc

Purchaseof Loans Non Cash

PurchaseofLoansNonCash

6670000

USD

CY2019

efc

Purchaseof Loans Non Cash

PurchaseofLoansNonCash

0

USD

CY2020

efc

Principalpaymentson Othersecuredborrowingsatfairvaluenoncash

PrincipalpaymentsonOthersecuredborrowingsatfairvaluenoncash

193575000

USD

CY2019

efc

Principalpaymentson Othersecuredborrowingsatfairvaluenoncash

PrincipalpaymentsonOthersecuredborrowingsatfairvaluenoncash

119683000

USD

CY2020

efc

Proceedsreceivedfrom Othersecuredborrowingsatfairvaluenoncash

ProceedsreceivedfromOthersecuredborrowingsatfairvaluenoncash

28818000

USD

CY2019

efc

Proceedsreceivedfrom Othersecuredborrowingsatfairvaluenoncash

ProceedsreceivedfromOthersecuredborrowingsatfairvaluenoncash

227428000

USD

CY2020

efc

Principal Payments On Other Secured Borrowings Non Cash

PrincipalPaymentsOnOtherSecuredBorrowingsNonCash

-96480000

USD

CY2019

efc

Principal Payments On Other Secured Borrowings Non Cash

PrincipalPaymentsOnOtherSecuredBorrowingsNonCash

0

USD

CY2020

efc

Proceedsfromissuanceof Othersecuredborrowingsnoncash

ProceedsfromissuanceofOthersecuredborrowingsnoncash

6670000

USD

CY2019

efc

Proceedsfromissuanceof Othersecuredborrowingsnoncash

ProceedsfromissuanceofOthersecuredborrowingsnoncash

0

USD

CY2020

efc

Proceedsfromprincipalpaymentsofinvestmentsnoncash

193575000

USD

CY2019

efc

Proceedsfromprincipalpaymentsofinvestmentsnoncash

119683000

USD

CY2020

efc

Proceeds From The Disposition Of Loans Non Cash

ProceedsFromTheDispositionOfLoansNonCash

113791000

USD

CY2019

efc

Proceeds From The Disposition Of Loans Non Cash

ProceedsFromTheDispositionOfLoansNonCash

0

USD

CY2020

efc

Repaymentsofrepurchaseagreementnoncash

-27864000

USD

CY2019

efc

Repaymentsofrepurchaseagreementnoncash

-226945000

USD

CY2020

us-gaap

Notes Reduction

NotesReduction

0

USD

CY2019

us-gaap

Notes Reduction

NotesReduction

86000000

USD

CY2020

us-gaap

Notes Issued1

NotesIssued1

0

USD

CY2019

us-gaap

Notes Issued1

NotesIssued1

86000000

USD

CY2020Q4

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.001

CY2019Q4

us-gaap

Investment Owned Underlying Face Amount At Market Value

InvestmentOwnedUnderlyingFaceAmountAtMarketValue

2282149000

USD

CY2019Q4

us-gaap

Debt Instrument Unamortized Discount Premium Net

DebtInstrumentUnamortizedDiscountPremiumNet

-150821000

USD

CY2020

us-gaap

Comparability Of Prior Year Financial Data

ComparabilityOfPriorYearFinancialData

<div style="margin-top:9pt;text-indent:13.5pt">Reclassification and Presentation</div><div style="margin-top:4.5pt;text-indent:24.75pt">Effective January 1, 2019, the Company prospectively discontinued its application of ASC 946. Upon its change in status, the following significant changes and elections were made:</div><div style="margin-top:4.5pt;padding-left:36pt;text-indent:-18pt">•Investments in securities are now accounted for in accordance with ASC 320, Investments—Debt and Equity Securities ("ASC 320");</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•The Company elected the FVO as provided for under ASC 825-10-25-4 for all eligible financial instruments for which the Company had previously measured at fair value, including investments in securities, loans, financial derivatives, and certain of the Company's secured borrowings. As a result, all changes in the fair value of such financial instruments will continue to be recorded in earnings on the Company's Consolidated Statement of Operations;</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•Real estate owned, or "REO," is not eligible for the FVO election. As a result, REO is carried at the lower of cost or fair value. The Company's cost basis in any REO that was previously measured at fair value under ASC 946 was adjusted on January 1, 2019 to equal the fair value of such investment as of December 31, 2018;</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•The Company elected not to designate its financial derivatives as hedging instruments in accordance with ASC 815, Derivatives and Hedging ("ASC 815"). As a result, all changes in the fair value of financial derivatives will continue to be recorded in earnings on the Company's Consolidated Statement of Operations;</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•Forward settling to-be-announced mortgage-backed-securities, or "TBAs," are no longer classified as investments. TBAs will be classified as financial derivatives, with the difference between the forward contract price and the market value of the TBA position as of the reporting date included in Unrealized gains (losses) on financial derivatives, net, on the Consolidated Statement of Operations; and</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•The Company is required to account for certain of its equity investments under ASC 323-10, Investments—Equity Method and Joint Ventures ("ASC 323-10"). The Company has elected the FVO for such equity investments and changes in fair value will be reported in Earnings (losses) from investments in unconsolidated entities, on the Consolidated Statement of Operations.</div><div style="margin-top:9pt;text-indent:22.5pt">The discontinuation of the Company's application of ASC 946 prospectively changed the presentation of the Company's consolidated financial statements. The most significant changes were:</div><div style="margin-top:4.5pt;padding-left:36pt;text-indent:-18pt">•The Consolidated Statement of Assets, Liabilities, and Equity has been changed to a Consolidated Balance Sheet;</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•The Consolidated Condensed Schedule of Investments has been removed;</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•The Consolidated Statement of Operations is no longer presented in the format required under ASC 946. The Company will present the Consolidated Statement of Operations as required under U.S. GAAP for operating companies. A Consolidated Statement of Other Comprehensive Income (Loss) will be presented, if and when applicable;</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•The Consolidated Statement of Cash Flows has been changed, and now includes a section for investing activities;</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•Certain footnotes have been changed to reflect conformity with applicable U.S. GAAP for operating companies;</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•The Company re-evaluated its interests in all entities to determine whether they are variable interests, and re-evaluated its investments, including it investments in partially owned entities, to determine if they are VIEs, as required under ASC 810, Consolidation ("ASC 810"). The Company also re-evaluated consolidation considerations for all of its investments in VIEs and partially owned entities, as required under ASC 810. Applicable disclosures related to VIEs have been included in these notes to consolidated financial statements;</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•Securities/loans sold under agreements to be repurchased at an agreed-upon price and date, which were formerly referred to as "reverse repurchase agreements," are now referred to as "repurchase agreements";</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•Securities/loans purchased under agreements to resell at an agreed-upon price and date, which were formerly referred to as "repurchase agreements," are now referred to as "reverse repurchase agreements"; and</div><div style="margin-top:1.5pt;padding-left:36pt;text-indent:-18pt">•The financial highlights disclosures, which are not required under U.S. GAAP for operating companies, have been removed.</div>

CY2020

us-gaap

Revenue Recognition Interest

RevenueRecognitionInterest

Interest Income: The Company amortizes premiums and accretes discounts on its debt securities. Coupon interest income on fixed-income investments is generally accrued based on the outstanding principal balance or notional value and the current coupon rate. <div style="margin-top:9pt;text-indent:24.75pt">For debt securities that are deemed to be of high credit quality at the time of purchase (generally Agency RMBS, exclusive of interest only securities), premiums and discounts are amortized/accreted into interest income over the life of such securities using the effective interest method. For such securities whose cash flows vary depending on prepayments, an effective yield retroactive to the time of purchase is periodically recomputed based on actual prepayments and changes in projected prepayment activity, and a catch-up adjustment, or "Catch-up Premium Amortization Adjustment," is made to amortization to reflect the cumulative impact of the change in effective yield.</div><div style="margin-top:9pt;text-indent:24.75pt">For debt securities (generally non-Agency RMBS, CMBS, ABS, CLOs, and interest only securities) that are deemed not to be of high credit quality at the time of purchase, interest income is recognized based on the effective interest method. For purposes of estimating future expected cash flows, management uses assumptions including, but not limited to, assumptions for future prepayment rates, default rates, and loss severities (each of which may in turn incorporate various macro-economic assumptions, such as future housing prices, GDP growth rates, and unemployment rates). These assumptions are re-evaluated not less than quarterly. Changes in projected cash flows may result in prospective changes in the yield/interest income recognized on such securities based on the updated expected future cash flows.</div><div style="margin-top:9pt;text-indent:24.75pt">For each loan purchased with the expectation that both interest and principal will be paid in full, the Company generally amortizes or accretes any premium or discount over the life of the loan utilizing the effective interest method. However, based on current information and market developments, the Company re-assesses the collectibility of interest and principal, and generally designates a loan as in non-accrual status either when any payments have become 90 or more days past due, or when, in the opinion of management, it is probable that the Company will be unable to collect either interest or principal in full. Once a loan is designated as in non-accrual status, as long as principal is still expected to be collectible in full, interest payments are recorded as interest income only when received (i.e., under the cash basis method); accruals of interest income are only resumed when the loan becomes contractually current and performance is demonstrated to be resumed. However, if principal is not expected to be collectible in full, the cost recovery method is used (i.e., no interest income is recognized, and all payments received—whether contractually interest or principal—are applied to cost).</div><div style="margin-top:9pt;text-indent:24.75pt">Periods after January 1, 2020—Certain of the Company's debt securities and loans, at the date of acquisition, have experienced or are expected to experience more-than-insignificant deterioration in credit quality since origination. For periods subsequent to the Company's application of the principles of ASU 2016-13, if at the date of acquisition for a particular asset the Company projects a significant difference between contractual cash flows and expected cash flows, it establishes an initial estimate for credit losses as an upward adjustment to the acquisition cost of the asset for the purpose of calculating interest income using the effective yield method.</div><div style="margin-top:9pt;text-indent:24.75pt">Periods prior to January 1, 2020—Prior to the Company's application of the principles of ASU 2016-13, for each loan acquired that had evidence of credit deterioration since origination and the expectation that either principal or interest would not be paid in full, interest income was generally recognized using the effective interest method for so long as the cash flows could be reasonably estimated. Here, instead of amortizing the purchase discount (i.e., the excess of the unpaid principal balance over the purchase price) over the life of the loan, the Company effectively amortized the accretable yield (i.e., the excess of the Company's estimate of the total cash flows to be collected over the life of the loan over the purchase price). Not less than quarterly, the Company updated its estimate of the cash flows expected to be collected over the life of the loan, and applied revised yields prospectively.</div><div style="margin-top:9pt;text-indent:24.75pt">In estimating future cash flows on the Company's debt securities, there are a number of assumptions that are subject to significant uncertainties and contingencies, including, in the case of MBS, assumptions relating to prepayment rates, default rates, loan loss severities, and loan repurchases. These estimates require the use of a significant amount of judgment.</div>

CY2020

efc

Numberofdaystodeterminenonperformanceofloan

P90D

CY2020Q4

us-gaap

Investment Owned Underlying Face Amount At Market Value

InvestmentOwnedUnderlyingFaceAmountAtMarketValue

1408233000

USD

CY2020Q4

us-gaap

Debt Instrument Unamortized Discount Premium Net

DebtInstrumentUnamortizedDiscountPremiumNet

-196118000

USD

CY2020Q4

us-gaap

Available For Sale Securities Amortized Cost

AvailableForSaleSecuritiesAmortizedCost

1474155000

USD

CY2020Q4

us-gaap

Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax

AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax

60617000

USD

CY2020Q4

us-gaap

Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax

AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax

59229000

USD

CY2020Q4

efc

Investment Owned At Fair Value Net

InvestmentOwnedAtFairValueNet

1475543000

USD

CY2019Q4

us-gaap

Available For Sale Securities Amortized Cost

AvailableForSaleSecuritiesAmortizedCost

2342369000

USD

CY2019Q4

us-gaap

Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax

AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax

43801000

USD

CY2019Q4

us-gaap

Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax

AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax

9638000

USD

CY2019Q4

efc

Investment Owned At Fair Value Net

InvestmentOwnedAtFairValueNet

2376532000

USD

CY2020

efc

Catchup Premium Amortization Adjustment

CatchupPremiumAmortizationAdjustment

-4500000

USD

CY2019

efc

Catchup Premium Amortization Adjustment

CatchupPremiumAmortizationAdjustment

-4700000

USD

CY2020

us-gaap

Proceeds From Sale Of Available For Sale Securities

ProceedsFromSaleOfAvailableForSaleSecurities

1819520000

USD

CY2020

us-gaap

Available For Sale Securities Gross Realized Gains

AvailableForSaleSecuritiesGrossRealizedGains

32736000

USD

CY2020

us-gaap

Available For Sale Securities Gross Realized Losses

AvailableForSaleSecuritiesGrossRealizedLosses

11928000

USD

CY2020

us-gaap

Available For Sale Securities Gross Realized Gain Loss Net

AvailableForSaleSecuritiesGrossRealizedGainLossNet

20808000

USD

CY2019

us-gaap

Proceeds From Sale Of Available For Sale Securities

ProceedsFromSaleOfAvailableForSaleSecurities

1893925000

USD

CY2019

us-gaap

Available For Sale Securities Gross Realized Gains

AvailableForSaleSecuritiesGrossRealizedGains

23957000

USD

CY2019

us-gaap

Available For Sale Securities Gross Realized Losses

AvailableForSaleSecuritiesGrossRealizedLosses

7937000

USD

CY2019

us-gaap

Available For Sale Securities Gross Realized Gain Loss Net

AvailableForSaleSecuritiesGrossRealizedGainLossNet

16020000

USD

CY2020

us-gaap

Debt Securities Available For Sale Realized Loss Excluding Other Than Temporary Impairment

DebtSecuritiesAvailableForSaleRealizedLossExcludingOtherThanTemporaryImpairment

17700000

USD

CY2019

us-gaap

Debt Securities Available For Sale Realized Loss Excluding Other Than Temporary Impairment

DebtSecuritiesAvailableForSaleRealizedLossExcludingOtherThanTemporaryImpairment

28700000

USD

CY2020Q4

us-gaap

Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months

DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months

153786000

USD

CY2020Q4

us-gaap

Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss

DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss

4358000

USD

CY2020Q4

us-gaap

Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer

DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger

4627000

USD

CY2020Q4

us-gaap

Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss

DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss

1523000

USD

CY2020Q4

us-gaap

Debt Securities Available For Sale Unrealized Loss Position

DebtSecuritiesAvailableForSaleUnrealizedLossPosition

158413000

USD

CY2020Q4

us-gaap

Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss

DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss

5881000

USD

CY2019Q4

us-gaap

Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months

DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months

471379000

USD

CY2019Q4

us-gaap

Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss

DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss

5146000

USD

CY2019Q4

us-gaap

Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer

DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger

162938000

USD

CY2019Q4

us-gaap

Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss

DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss

3861000

USD

CY2019Q4

us-gaap

Debt Securities Available For Sale Unrealized Loss Position

DebtSecuritiesAvailableForSaleUnrealizedLossPosition

634317000

USD

CY2019Q4

us-gaap

Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss

DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss

9007000

USD

CY2020Q4

us-gaap

Debt Securities Available For Sale Allowance For Credit Loss

DebtSecuritiesAvailableForSaleAllowanceForCreditLoss

24900000

USD

CY2020

us-gaap

Debt Securities Available For Sale Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date

DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate

2600000

USD

CY2020

efc

Availableforsalesecurities Realizes Losses Writeoffs

AvailableforsalesecuritiesRealizesLossesWriteoffs

-17700000

USD

CY2019

us-gaap

Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities

OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities

28700000

USD

CY2020Q4

us-gaap

Investment Owned Balance Principal Amount

InvestmentOwnedBalancePrincipalAmount

1417054000

USD

CY2020Q4

efc

Investmentinloans

1453480000

USD

CY2019Q4

us-gaap

Investment Owned Balance Principal Amount

InvestmentOwnedBalancePrincipalAmount

1387733000

USD

CY2019Q4

efc

Investmentinloans

1412426000

USD

CY2020Q4

us-gaap

Equity Method Investments Fair Value Disclosure

EquityMethodInvestmentsFairValueDisclosure

141600000

USD

CY2019Q4

us-gaap

Equity Method Investments Fair Value Disclosure

EquityMethodInvestmentsFairValueDisclosure

71900000

USD

CY2020

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

37900000

USD

CY2019

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

10200000

USD

CY2020Q4

efc

Equity Method Investments Summarized Financial Information Investments

EquityMethodInvestmentsSummarizedFinancialInformationInvestments

424475000

USD

CY2019Q4

efc

Equity Method Investments Summarized Financial Information Investments

EquityMethodInvestmentsSummarizedFinancialInformationInvestments

560949000

USD

CY2020Q4

efc

Equity Method Investments Summarized Financial Information Otherassets

EquityMethodInvestmentsSummarizedFinancialInformationOtherassets

117746000

USD

CY2019Q4

efc

Equity Method Investments Summarized Financial Information Otherassets

EquityMethodInvestmentsSummarizedFinancialInformationOtherassets

65580000

USD

CY2020Q4

us-gaap

Equity Method Investment Summarized Financial Information Assets

EquityMethodInvestmentSummarizedFinancialInformationAssets

542221000

USD

CY2019Q4

us-gaap

Equity Method Investment Summarized Financial Information Assets

EquityMethodInvestmentSummarizedFinancialInformationAssets

626529000

USD

CY2020Q4

efc

Equity Method Investment Summarized Financial Information Borrowings

EquityMethodInvestmentSummarizedFinancialInformationBorrowings

215792000

USD

CY2019Q4

efc

Equity Method Investment Summarized Financial Information Borrowings

EquityMethodInvestmentSummarizedFinancialInformationBorrowings

387910000

USD

CY2020Q4

efc

Equity Method Investment Summarized Financial Information Otherliabilities

EquityMethodInvestmentSummarizedFinancialInformationOtherliabilities

30801000

USD

CY2019Q4

efc

Equity Method Investment Summarized Financial Information Otherliabilities

EquityMethodInvestmentSummarizedFinancialInformationOtherliabilities

28134000

USD

CY2020Q4

us-gaap

Equity Method Investment Summarized Financial Information Liabilities

EquityMethodInvestmentSummarizedFinancialInformationLiabilities

246593000

USD

CY2019Q4

us-gaap

Equity Method Investment Summarized Financial Information Liabilities

EquityMethodInvestmentSummarizedFinancialInformationLiabilities

416044000

USD

CY2020Q4

us-gaap

Equity Method Investment Summarized Financial Information Equity

EquityMethodInvestmentSummarizedFinancialInformationEquity

295628000

USD

CY2019Q4

us-gaap

Equity Method Investment Summarized Financial Information Equity

EquityMethodInvestmentSummarizedFinancialInformationEquity

210485000

USD

CY2020Q4

us-gaap

Equity Method Investment Summarized Financial Information Liabilities And Equity

EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity

542221000

USD

CY2019Q4

us-gaap

Equity Method Investment Summarized Financial Information Liabilities And Equity

EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity

626529000

USD

CY2020

efc

Equity Method Investment Summarized Financial Information Interest Income

EquityMethodInvestmentSummarizedFinancialInformationInterestIncome

10935000

USD

CY2019

efc

Equity Method Investment Summarized Financial Information Interest Income

EquityMethodInvestmentSummarizedFinancialInformationInterestIncome

30587000

USD

CY2020

efc

Equity Method Investment Summarized Financial Information Interestexpense

EquityMethodInvestmentSummarizedFinancialInformationInterestexpense

-9243000

USD

CY2019

efc

Equity Method Investment Summarized Financial Information Interestexpense

EquityMethodInvestmentSummarizedFinancialInformationInterestexpense

-13316000

USD

CY2020

efc

Equity Method Investment Summarized Financial Information Netinterestincome

EquityMethodInvestmentSummarizedFinancialInformationNetinterestincome

1692000

USD

CY2019

efc

Equity Method Investment Summarized Financial Information Netinterestincome

EquityMethodInvestmentSummarizedFinancialInformationNetinterestincome

17271000

USD

CY2020

efc

Equity Method Investment Summarized Financial Information Realizedandunrealizedgainlossoninvestments

EquityMethodInvestmentSummarizedFinancialInformationRealizedandunrealizedgainlossoninvestments

44362000

USD

CY2019

efc

Equity Method Investment Summarized Financial Information Realizedandunrealizedgainlossoninvestments

EquityMethodInvestmentSummarizedFinancialInformationRealizedandunrealizedgainlossoninvestments

40901000

USD

CY2020

efc

Equity Method Investment Summarized Financial Information Othernet

EquityMethodInvestmentSummarizedFinancialInformationOthernet

44031000

USD

CY2019

efc

Equity Method Investment Summarized Financial Information Othernet

EquityMethodInvestmentSummarizedFinancialInformationOthernet

31848000

USD

CY2020

efc

Equity Method Investment Summarized Financial Information Totalotherincomeloss

EquityMethodInvestmentSummarizedFinancialInformationTotalotherincomeloss

88393000

USD

CY2019

efc

Equity Method Investment Summarized Financial Information Totalotherincomeloss

EquityMethodInvestmentSummarizedFinancialInformationTotalotherincomeloss

72749000

USD

CY2020

efc

Equity Method Investment Summarized Financial Information Expenses

EquityMethodInvestmentSummarizedFinancialInformationExpenses

65492000

USD

CY2019

efc

Equity Method Investment Summarized Financial Information Expenses

EquityMethodInvestmentSummarizedFinancialInformationExpenses

58018000

USD

CY2020

efc

Equity Method Investment Summarized Financial Information Netincomelossbeforeincometax

EquityMethodInvestmentSummarizedFinancialInformationNetincomelossbeforeincometax

24593000

USD

CY2019

efc

Equity Method Investment Summarized Financial Information Netincomelossbeforeincometax

EquityMethodInvestmentSummarizedFinancialInformationNetincomelossbeforeincometax

32002000

USD

CY2020

efc

Equity Method Investment Summarized Financial Information Taxexpensebenefit

EquityMethodInvestmentSummarizedFinancialInformationTaxexpensebenefit

776000

USD

CY2019

efc

Equity Method Investment Summarized Financial Information Taxexpensebenefit

EquityMethodInvestmentSummarizedFinancialInformationTaxexpensebenefit

979000

USD

CY2020

us-gaap

Equity Method Investment Summarized Financial Information Net Income Loss

EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss

23817000

USD

CY2019

us-gaap

Equity Method Investment Summarized Financial Information Net Income Loss

EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss

31023000

USD

CY2019

efc

Real Estate Acquired Through Foreclosure Disposals Number Of Properties

RealEstateAcquiredThroughForeclosureDisposalsNumberOfProperties

13

property

CY2019Q4

us-gaap

Number Of Real Estate Properties

NumberOfRealEstateProperties

15

property

CY2019Q4

us-gaap

Real Estate Heldforsale

RealEstateHeldforsale

30584000

USD

CY2018Q4

us-gaap

Number Of Real Estate Properties

NumberOfRealEstateProperties

20

property

CY2018Q4

us-gaap

Real Estate Heldforsale

RealEstateHeldforsale

30778000

USD

CY2020

efc

Real Estate Acquired Through Foreclosure Transfer From Mortgage Loans Number Of Properties

RealEstateAcquiredThroughForeclosureTransferFromMortgageLoansNumberOfProperties

10

property

CY2020

us-gaap

Transfer To Other Real Estate

TransferToOtherRealEstate

3384000

USD

CY2019

efc

Real Estate Acquired Through Foreclosure Transfer From Mortgage Loans Number Of Properties

RealEstateAcquiredThroughForeclosureTransferFromMortgageLoansNumberOfProperties

8

property

CY2019

us-gaap

Transfer To Other Real Estate

TransferToOtherRealEstate

22577000

USD

CY2020

efc

Real Estate Acquired Through Foreclosure Capital Expenditures And Other Adjustments

RealEstateAcquiredThroughForeclosureCapitalExpendituresAndOtherAdjustments

191000

USD

CY2019

efc

Real Estate Acquired Through Foreclosure Capital Expenditures And Other Adjustments

RealEstateAcquiredThroughForeclosureCapitalExpendituresAndOtherAdjustments

240000

USD

CY2020

efc

Real Estate Acquired Through Foreclosure Adjustmenttorecordatlowerofcostorfairvalue

RealEstateAcquiredThroughForeclosureAdjustmenttorecordatlowerofcostorfairvalue

1053000

USD

CY2019

efc

Real Estate Acquired Through Foreclosure Adjustmenttorecordatlowerofcostorfairvalue

RealEstateAcquiredThroughForeclosureAdjustmenttorecordatlowerofcostorfairvalue

1002000

USD

CY2020

efc

Real Estate Acquired Through Foreclosure Disposals Number Of Properties

RealEstateAcquiredThroughForeclosureDisposalsNumberOfProperties

12

property

CY2020

efc

Real Estate Acquired Through Foreclosure Disposals

RealEstateAcquiredThroughForeclosureDisposals

9508000

USD

CY2019

efc

Real Estate Acquired Through Foreclosure Disposals Number Of Properties

RealEstateAcquiredThroughForeclosureDisposalsNumberOfProperties

13

property

CY2019

efc

Real Estate Acquired Through Foreclosure Disposals

RealEstateAcquiredThroughForeclosureDisposals

22009000

USD

CY2020Q4

us-gaap

Number Of Real Estate Properties

NumberOfRealEstateProperties

13

property

CY2019

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

2300000

USD

CY2020Q4

us-gaap

Real Estate Heldforsale

RealEstateHeldforsale

23598000

USD

CY2019Q4

us-gaap

Number Of Real Estate Properties

NumberOfRealEstateProperties

15

property

CY2019Q4

us-gaap

Real Estate Heldforsale

RealEstateHeldforsale

30584000

USD

CY2020

efc

Real Estate Acquired Through Foreclosure Disposals Number Of Properties

RealEstateAcquiredThroughForeclosureDisposalsNumberOfProperties

12

property

CY2020

us-gaap

Gain Loss On Sale Of Properties

GainLossOnSaleOfProperties

15000

USD

CY2020Q4

efc

Real Estate Owned Acquired Through Foreclosure Fair Value

RealEstateOwnedAcquiredThroughForeclosureFairValue

22400000

USD

CY2019Q4

efc

Real Estate Owned Acquired Through Foreclosure Fair Value

RealEstateOwnedAcquiredThroughForeclosureFairValue

19400000

USD

CY2020Q4

us-gaap

Derivative Assets

DerivativeAssets

15479000

USD

CY2019Q4

us-gaap

Derivative Assets

DerivativeAssets

16788000

USD

CY2020Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

24553000

USD

CY2019Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

27621000

USD

CY2020Q4

us-gaap

Derivative Assets Liabilities At Fair Value Net

DerivativeAssetsLiabilitiesAtFairValueNet

-9074000

USD

CY2019Q4

us-gaap

Derivative Assets Liabilities At Fair Value Net

DerivativeAssetsLiabilitiesAtFairValueNet

-10833000

USD

CY2020

efc

Net Realized Gains Losseson Periodic Settlementsof Interest Rate Swaps

NetRealizedGainsLossesonPeriodicSettlementsofInterestRateSwaps

-2038000

USD

CY2020

efc

Net Realized Gains Losseson Periodic Settlements

NetRealizedGainsLossesonPeriodicSettlements

-29471000

USD

CY2020

efc

Net Realized Gain Losson Derivativesincludinggainlossonforeigncurrencytransactions

NetRealizedGainLossonDerivativesincludinggainlossonforeigncurrencytransactions

-31509000

USD

CY2020

efc

Changein Net Unrealized Gains Losseson Accrued Periodic Settlementsof Interest Rate Swaps

ChangeinNetUnrealizedGainsLossesonAccruedPeriodicSettlementsofInterestRateSwaps

219000

USD

CY2020

efc

Changein Net Unrealized Gains Losseson Accrued Periodic Settlements

ChangeinNetUnrealizedGainsLossesonAccruedPeriodicSettlements

831000

USD

CY2020

efc

Unrealized Gain Losson Derivatives Including Gain Lossfrom Foreign Currency Remeasurement

UnrealizedGainLossonDerivativesIncludingGainLossfromForeignCurrencyRemeasurement

1050000

USD

CY2019

efc

Net Realized Gains Losseson Periodic Settlementsof Interest Rate Swaps

NetRealizedGainsLossesonPeriodicSettlementsofInterestRateSwaps

1695000

USD

CY2019

efc

Net Realized Gains Losseson Periodic Settlements

NetRealizedGainsLossesonPeriodicSettlements

-32562000

USD

CY2019

efc

Net Realized Gain Losson Derivativesincludinggainlossonforeigncurrencytransactions

NetRealizedGainLossonDerivativesincludinggainlossonforeigncurrencytransactions

-30867000

USD

CY2019

efc

Changein Net Unrealized Gains Losseson Accrued Periodic Settlementsof Interest Rate Swaps

ChangeinNetUnrealizedGainsLossesonAccruedPeriodicSettlementsofInterestRateSwaps

-764000

USD

CY2019

efc

Changein Net Unrealized Gains Losseson Accrued Periodic Settlements

ChangeinNetUnrealizedGainsLossesonAccruedPeriodicSettlements

-4573000

USD

CY2019

efc

Unrealized Gain Losson Derivatives Including Gain Lossfrom Foreign Currency Remeasurement

UnrealizedGainLossonDerivativesIncludingGainLossfromForeignCurrencyRemeasurement

-5337000

USD

CY2020Q4

efc

Totalsecuredborrowings

2300000000

USD

CY2019Q4

efc

Totalsecuredborrowings

3200000000

USD

CY2020Q4

efc

Numberof Counterpartieswith Outstanding Reverse Repurchase Agreements

NumberofCounterpartieswithOutstandingReverseRepurchaseAgreements

24

counterparty

CY2019Q4

efc

Numberof Counterpartieswith Outstanding Reverse Repurchase Agreements

NumberofCounterpartieswithOutstandingReverseRepurchaseAgreements

28

counterparty

CY2020

us-gaap

Schedule Of Repurchase Agreements

ScheduleOfRepurchaseAgreements

<div style="margin-top:9pt;text-indent:24.75pt">The following table details the Company's outstanding borrowings under repurchase agreements for Agency RMBS and credit assets (which can include non-Agency RMBS, CMBS, CLOs, consumer loans, corporate debt, residential mortgage loans, and commercial mortgage loans and REO), by remaining maturity as of December 31, 2020 and 2019:</div><div style="margin-bottom:5pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.561%"><tr><td style="width:1.0%"/><td style="width:30.177%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.534%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.087%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.534%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.710%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.534%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.060%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.534%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.087%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.534%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.710%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.534%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.065%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">December 31, 2020</td><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">December 31, 2019</td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Weighted Average</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Weighted Average</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Remaining Maturity</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Outstanding Borrowings</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Interest Rate</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Remaining Days to Maturity</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Outstanding Borrowings</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Interest Rate</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Remaining Days to Maturity</td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top">Agency RMBS:</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">(In thousands)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">(In thousands)</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">30 Days or Less</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom">265,556 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.28 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">17</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom">511,996 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.08 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">17</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">31-60 Days</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">385,141 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.25 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">44</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">744,387 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.93 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">47</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">61-90 Days</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">174,586 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.28 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">70</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">594,738 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.96 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">76</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">91-120 Days</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">10,270 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.24 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">93</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">121-150 Days</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2,692 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.27 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">126</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">151-180 Days</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">59,857 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.32 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">162</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3,082 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.67 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">171</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">181-360 Days</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">34,030 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.32 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">252</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">Total Agency RMBS</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">921,862 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">0.27 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">57</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1,864,473 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.98 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">48</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top">Credit:</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">30 Days or Less</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">37,795 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.11 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">17</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">16,549 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.38 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">25</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">31-60 Days</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">84,554 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.23 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">50</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">104,491 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.14 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">48</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">61-90 Days</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">152,426 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.11 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">75</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">138,837 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.03 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">73</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">91-120 Days</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">89,931 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.47 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">106</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">— </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">121-150 Days</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">66,412 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">4.75 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">125</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">7,460 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.89 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">123</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">151-180 Days</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">11,063 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.27 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">165</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">31,498 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.87 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">173</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">181-360 Days</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">38,640 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.90 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">289</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">186,661 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.80 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">250</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top">> 360 Days</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">94,248 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.99 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">447</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">95,331 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">4.52 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">678</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">Total Credit Assets</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">575,069 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.69 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">155</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">580,827 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.61 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">229</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top">Total</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">1,496,931 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">1.20 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">94</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">2,445,300 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.37 </td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">91</td></tr></table></div><div style="margin-top:9pt;text-indent:24.75pt">The following table details the Company's outstanding borrowings under reverse repurchase agreements for Agency RMBS, credit assets (which include non-Agency MBS, CLOs, consumer loans, corporate debt, residential mortgage loans, and commercial mortgage loans and REO), and U.S. Treasury securities, by remaining maturity as of December 31, 2018:</div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.707%"><tr><td style="width:1.0%"/><td style="width:62.096%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.533%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.363%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.533%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.533%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.218%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">(In thousands)</td><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">December 31, 2018</td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Weighted Average</td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">Remaining Maturity</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom">Outstanding Borrowings</td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Interest Rate</td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom">Remaining Days to Maturity</td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top">Agency RMBS:</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">30 Days or Less</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom">245,956 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.46 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">17</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">31-60 Days</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">415,379 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.58 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">46</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">61-90 Days</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">255,421 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.74 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">76</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">91-120 Days</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">506 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.31 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">91</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top">Total Agency RMBS</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">917,262 </td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.59 </td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">47</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top">Credit:</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">30 Days or Less</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">30,426 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">2.55 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">22</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">31-60 Days</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">189,937 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.32 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">48</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">61-90 Days</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">93,202 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.21 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">74</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">121-150 Days</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">26,222 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">4.60 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">123</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">151-180 Days</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">9,491 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">4.64 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">166</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">181-360 Days</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">91,730 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">4.54 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">316</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">> 360 Days</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">140,306 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">5.15 </td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom">636</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top">Total Credit Assets</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">581,314 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.98 </td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">240</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top">U.S. Treasury Securities:</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:top">30 Days or Less</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">273 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.10 </td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom">2</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top">Total U.S. Treasury Securities</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">273 </td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.10 </td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">2</td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top">Total</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom">$</td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom">1,498,849 </td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom">3.13 </td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom">%</td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom">122</td></tr></table></div>

CY2020Q4

us-gaap

Assets Sold Under Agreements To Repurchase Repurchase Liability

AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability

1496931000

USD

CY2019Q4

us-gaap

Assets Sold Under Agreements To Repurchase Repurchase Liability

AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability

2445300000

USD

CY2020Q4

us-gaap

Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements

PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements

1831000000

USD

CY2019Q4

us-gaap

Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements

PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements

2763000000

USD

CY2020Q4

efc

Collateralonrepurchaseagreementsunsettledsales

1400000

USD

CY2019Q4

efc

Collateralonrepurchaseagreementsunsettledsales

64700000

USD

CY2020Q4

efc

Repurchase Agreementsamountatriskthreshold

RepurchaseAgreementsamountatriskthreshold

0.10

CY2020Q4

efc

Othersecuredborrowingsatfairvalue

754900000

USD

CY2020Q4

efc

Expectedprincipalrepaymentsrelatedtoconsolidatedresidentialmortgageloansecuritizations

778100000

USD

CY2020

efc

Ordinaryincome

0.582

CY2019

efc

Ordinaryincome

0.850

CY2020

efc

Returnofcapital

0.379

CY2019

efc

Returnofcapital

0.094

CY2020

efc

Capitalgain

0.039

CY2019

efc

Capitalgain

0.056

CY2020

efc

Totalpercentageofdividendswithtaxcharacteristic

1.000

CY2019

efc

Totalpercentageofdividendswithtaxcharacteristic

1.000

CY2020

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

11400000

USD

CY2019

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

1600000

USD

CY2019

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

1558000

USD

CY2020

us-gaap

Current Federal Tax Expense Benefit

CurrentFederalTaxExpenseBenefit

38000

USD

CY2019

us-gaap

Current Federal Tax Expense Benefit

CurrentFederalTaxExpenseBenefit

185000

USD

CY2020

us-gaap

Current State And Local Tax Expense Benefit

CurrentStateAndLocalTaxExpenseBenefit

602000

USD

CY2019

us-gaap

Current State And Local Tax Expense Benefit

CurrentStateAndLocalTaxExpenseBenefit

293000

USD

CY2020

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

640000

USD

CY2019

us-gaap

Current Income Tax Expense Benefit

CurrentIncomeTaxExpenseBenefit

478000

USD

CY2020

us-gaap

Deferred Federal Income Tax Expense Benefit

DeferredFederalIncomeTaxExpenseBenefit

6638000

USD

CY2019

us-gaap

Deferred Federal Income Tax Expense Benefit

DeferredFederalIncomeTaxExpenseBenefit

1080000

USD

CY2020

us-gaap

Deferred Federal State And Local Tax Expense Benefit

DeferredFederalStateAndLocalTaxExpenseBenefit

4099000

USD

CY2019

us-gaap

Deferred Federal State And Local Tax Expense Benefit

DeferredFederalStateAndLocalTaxExpenseBenefit

0

USD

CY2020

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

10737000

USD

CY2019

us-gaap

Deferred Income Tax Expense Benefit

DeferredIncomeTaxExpenseBenefit

1080000

USD

CY2020

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

11377000

USD

CY2020Q4

us-gaap

Deferred Tax Assets Operating Loss Carryforwards

DeferredTaxAssetsOperatingLossCarryforwards

1937000

USD

CY2019Q4

us-gaap

Deferred Tax Assets Operating Loss Carryforwards

DeferredTaxAssetsOperatingLossCarryforwards

3907000

USD

CY2020Q4

us-gaap

Deferred Tax Assets Investments

DeferredTaxAssetsInvestments

1481000

USD

CY2019Q4

us-gaap

Deferred Tax Assets Investments

DeferredTaxAssetsInvestments

669000

USD

CY2020Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

0

USD

CY2019Q4

us-gaap

Deferred Tax Assets Valuation Allowance

DeferredTaxAssetsValuationAllowance

157000

USD

CY2020Q4

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

3419000

USD

CY2019Q4

us-gaap

Deferred Tax Assets Gross

DeferredTaxAssetsGross

4419000

USD

CY2020Q4

us-gaap

Deferred Tax Liabilities Investments

DeferredTaxLiabilitiesInvestments

15525000

USD

CY2019Q4

us-gaap

Deferred Tax Liabilities Investments

DeferredTaxLiabilitiesInvestments

5484000

USD

CY2020Q4

us-gaap

Deferred Income Tax Liabilities

DeferredIncomeTaxLiabilities

15525000

USD

CY2019Q4

us-gaap

Deferred Income Tax Liabilities

DeferredIncomeTaxLiabilities

5484000

USD

CY2020Q4

us-gaap

Deferred Tax Liabilities

DeferredTaxLiabilities

12106000

USD

CY2019Q4

us-gaap

Deferred Tax Liabilities

DeferredTaxLiabilities

1065000

USD

CY2020

us-gaap

Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate

EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate

0.2100

CY2019

us-gaap

Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate

EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate

0.2100

CY2020

us-gaap

Effective Income Tax Rate Reconciliation State And Local Income Taxes

EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes

0.1183

CY2019

us-gaap

Effective Income Tax Rate Reconciliation State And Local Income Taxes

EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes

0.0045

CY2020

us-gaap

Effective Income Tax Rate Reconciliation Minority Interest Income Expense

EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense

-0.0178

CY2019

us-gaap

Effective Income Tax Rate Reconciliation Minority Interest Income Expense

EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense

-0.0128

CY2020

us-gaap

Effective Income Tax Rate Reconciliation Tax Exempt Income

EffectiveIncomeTaxRateReconciliationTaxExemptIncome

0.0243

CY2019

us-gaap

Effective Income Tax Rate Reconciliation Tax Exempt Income

EffectiveIncomeTaxRateReconciliationTaxExemptIncome

0.1776

CY2020

us-gaap

Effective Income Tax Rate Continuing Operations

EffectiveIncomeTaxRateContinuingOperations

0.2862

CY2019

us-gaap

Effective Income Tax Rate Continuing Operations

EffectiveIncomeTaxRateContinuingOperations

0.0241

CY2020

efc

Annual Base Management Fee Percentage

AnnualBaseManagementFeePercentage

0.0150

CY2020

us-gaap

Management Fee Expense

ManagementFeeExpense

11500000

USD

CY2020

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

700000

USD

CY2019

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

500000

USD

CY2020

efc

Management Fee Expense Gross

ManagementFeeExpenseGross

12600000

USD

CY2020

efc

Management Fee Expense Rebates

ManagementFeeExpenseRebates

1100000

USD

CY2019

us-gaap

Management Fee Expense

ManagementFeeExpense

8000000.0

USD

CY2019

efc

Management Fee Expense Gross

ManagementFeeExpenseGross

10000000.0

USD

CY2019

efc

Management Fee Expense Rebates

ManagementFeeExpenseRebates

2000000.0

USD

CY2020

efc

Incentive Fee Rate

IncentiveFeeRate

0.25

CY2020Q4

efc

Incentive Fee Loss Carryforward

IncentiveFeeLossCarryforward

0

USD

CY2020

efc

Incentive Fee Hurdle Rate Fixed

IncentiveFeeHurdleRateFixed

0.09

CY2020

efc

Incentive Fee Hurdle Rate Floating

IncentiveFeeHurdleRateFloating

0.03

CY2020

efc

Minimum Percentage Of Incentive Fee To Be Paid In Share

MinimumPercentageOfIncentiveFeeToBePaidInShare

0.10

CY2020

efc

Termination Fee Number Of Periods

TerminationFeeNumberOfPeriods

2

period

CY2020

efc

Termination Fee Period

TerminationFeePeriod

P12M

CY2020

efc

Termination Fee Number Of Periods

TerminationFeeNumberOfPeriods

2

period

CY2020

efc

Termination Fee Period

TerminationFeePeriod

P12M

CY2020

efc

Expense Reimbursement Period

ExpenseReimbursementPeriod

P60D

CY2020

efc

Expense Reimbursement Manager

ExpenseReimbursementManager

9900000

USD

CY2019

efc

Expense Reimbursement Manager

ExpenseReimbursementManager

10900000

USD

CY2020

us-gaap

Related Party Transaction Purchases From Related Party

RelatedPartyTransactionPurchasesFromRelatedParty

1600000

USD

CY2019

us-gaap

Related Party Transaction Purchases From Related Party

RelatedPartyTransactionPurchasesFromRelatedParty

8800000

USD

CY2020Q4

us-gaap

Common Stock Capital Shares Reserved For Future Issuance

CommonStockCapitalSharesReservedForFutureIssuance

1761212

shares

CY2019Q4

us-gaap

Common Stock Capital Shares Reserved For Future Issuance

CommonStockCapitalSharesReservedForFutureIssuance

1832309

shares

CY2020Q4

us-gaap

Preferred Stock Shares Authorized

PreferredStockSharesAuthorized

100000000

shares

CY2020Q4

us-gaap

Preferred Stock Par Or Stated Value Per Share

PreferredStockParOrStatedValuePerShare

0.001

CY2020Q4

us-gaap

Preferred Stock Shares Outstanding

PreferredStockSharesOutstanding

4600000

shares

CY2020

us-gaap

Preferred Stock Dividend Rate Percentage

PreferredStockDividendRatePercentage

0.06750

CY2020Q4

us-gaap

Preferred Stock Par Or Stated Value Per Share

PreferredStockParOrStatedValuePerShare

0.001

CY2020

us-gaap

Preferred Stock Dividend Rate Percentage

PreferredStockDividendRatePercentage

0.06750

CY2020Q4

us-gaap

Preferred Stock Liquidation Preference

PreferredStockLiquidationPreference

25.00

CY2020

efc

Preferred Stock Dividend Rate Variable Rate Spread

PreferredStockDividendRateVariableRateSpread

0.05196

CY2020Q4

us-gaap

Preferred Stock Liquidation Preference

PreferredStockLiquidationPreference

25.00

CY2020

us-gaap

Preferred Stock Amount Of Preferred Dividends In Arrears

PreferredStockAmountOfPreferredDividendsInArrears

1300000

USD

CY2019

us-gaap

Preferred Stock Amount Of Preferred Dividends In Arrears

PreferredStockAmountOfPreferredDividendsInArrears

1500000

USD

CY2020Q4

us-gaap

Common Stock Shares Authorized

CommonStockSharesAuthorized

100000000

shares

CY2020Q4

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.001

CY2020Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

43781684

shares

CY2018Q2

us-gaap

Stock Repurchase Program Number Of Shares Authorized To Be Repurchased

StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased

1550000

shares

CY2019Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

38647943

shares

CY2020Q1

us-gaap

Stock Issued During Period Shares New Issues

StockIssuedDuringPeriodSharesNewIssues

5290000

shares

CY2020Q1

us-gaap

Stock Issued During Period Shares New Issues

StockIssuedDuringPeriodSharesNewIssues

5290000

shares

CY2020Q1

efc

Proceedsfromissuanceofsharesnet

95300000

USD

CY2019Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

38647943

shares

CY2018Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

29796601

shares

CY2020

us-gaap

Stock Issued During Period Shares New Issues

StockIssuedDuringPeriodSharesNewIssues

5290000

shares

CY2019

us-gaap

Stock Issued During Period Shares New Issues

StockIssuedDuringPeriodSharesNewIssues

8855000

shares

CY2020

efc

Shares Issued As Paymentof Incentive Fee Shares

SharesIssuedAsPaymentofIncentiveFeeShares

637

shares

CY2019

efc

Shares Issued As Paymentof Incentive Fee Shares

SharesIssuedAsPaymentofIncentiveFeeShares

0

shares

CY2020

us-gaap

Stock Repurchased And Retired During Period Shares

StockRepurchasedAndRetiredDuringPeriodShares

290050

shares

CY2019

us-gaap

Stock Repurchased And Retired During Period Shares

StockRepurchasedAndRetiredDuringPeriodShares

50825

shares

CY2020Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

43781684

shares

CY2019Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

38647943

shares

CY2020Q4

efc

Common Shares Issued And Outstanding Upon Conversion Of All Convertible Securities

CommonSharesIssuedAndOutstandingUponConversionOfAllConvertibleSecurities

44442631

shares

CY2019Q4

efc

Common Shares Issued And Outstanding Upon Conversion Of All Convertible Securities

CommonSharesIssuedAndOutstandingUponConversionOfAllConvertibleSecurities

39371584

shares

CY2020

us-gaap

Stock Repurchased And Retired During Period Shares

StockRepurchasedAndRetiredDuringPeriodShares

290050

shares

CY2020

efc

Stock Repurchases Average Price Per Share

StockRepurchasesAveragePricePerShare

10.54

CY2020

us-gaap

Stock Repurchased And Retired During Period Value

StockRepurchasedAndRetiredDuringPeriodValue

3100000

USD

CY2019

us-gaap

Stock Repurchased And Retired During Period Shares

StockRepurchasedAndRetiredDuringPeriodShares

50825

shares

CY2019

efc

Stock Repurchases Average Price Per Share

StockRepurchasesAveragePricePerShare

15.39

CY2019

us-gaap

Stock Repurchased And Retired During Period Value

StockRepurchasedAndRetiredDuringPeriodValue

800000

USD

us-gaap

Stock Repurchased And Retired During Period Shares

StockRepurchasedAndRetiredDuringPeriodShares

701965

shares

efc

Stock Repurchases Average Price Per Share

StockRepurchasesAveragePricePerShare

13.36

us-gaap

Stock Repurchased And Retired During Period Value

StockRepurchasedAndRetiredDuringPeriodValue

9400000

USD

CY2020

us-gaap

Net Income Loss

NetIncomeLoss

17245000

USD

CY2019

us-gaap

Net Income Loss

NetIncomeLoss

56467000

USD

CY2020

efc

Net Income Loss Attributableto Participating Noncontrolling Interest

NetIncomeLossAttributabletoParticipatingNoncontrollingInterest

-3000

USD

CY2019

efc

Net Income Loss Attributableto Participating Noncontrolling Interest

NetIncomeLossAttributabletoParticipatingNoncontrollingInterest

1305000

USD

CY2020

efc

Netincomelossattributabletoparentandparticipatingnoncontrollinginterest

17242000

USD

CY2019

efc

Netincomelossattributabletoparentandparticipatingnoncontrollinginterest

57772000

USD

CY2020

us-gaap

Dividends

56023000

USD

CY2019

us-gaap

Dividends

59824000

USD

CY2020

us-gaap

Undistributed Earnings

UndistributedEarnings

-38781000

USD

CY2019

us-gaap

Undistributed Earnings

UndistributedEarnings

-2052000

USD

CY2020

us-gaap

Weighted Average Number Of Share Outstanding Basic And Diluted

WeightedAverageNumberOfShareOutstandingBasicAndDiluted

44121581

shares

CY2019

us-gaap

Weighted Average Number Of Share Outstanding Basic And Diluted

WeightedAverageNumberOfShareOutstandingBasicAndDiluted

32800224

shares

CY2020

us-gaap

Earnings Per Share Basic Distributed

EarningsPerShareBasicDistributed

1.26

CY2019

us-gaap

Earnings Per Share Basic Distributed

EarningsPerShareBasicDistributed

1.81

CY2020

us-gaap

Earnings Per Share Basic Undistributed

EarningsPerShareBasicUndistributed

-0.87

CY2019

us-gaap

Earnings Per Share Basic Undistributed

EarningsPerShareBasicUndistributed

-0.05

CY2020

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

0.39

CY2019

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

1.76

CY2020

us-gaap

Earnings Per Share Diluted Distributed

EarningsPerShareDilutedDistributed

1.26

CY2019

us-gaap

Earnings Per Share Diluted Distributed

EarningsPerShareDilutedDistributed

1.81

CY2020

us-gaap

Earnings Per Share Diluted Undistributed

EarningsPerShareDilutedUndistributed

-0.87

CY2019

us-gaap

Earnings Per Share Diluted Undistributed

EarningsPerShareDilutedUndistributed

-0.05

CY2020

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

0.39

CY2019

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

1.76

CY2020

efc

Net Income Loss Attributableto Non Participating Noncontrolling Interest

NetIncomeLossAttributabletoNonParticipatingNoncontrollingInterest

3400000

USD

CY2019

efc

Net Income Loss Attributableto Non Participating Noncontrolling Interest

NetIncomeLossAttributabletoNonParticipatingNoncontrollingInterest

3900000

USD

CY2020Q4

us-gaap

Derivative Assets

DerivativeAssets

15479000

USD

CY2020Q4

us-gaap

Derivative Liability Not Offset Policy Election Deduction

DerivativeLiabilityNotOffsetPolicyElectionDeduction

12579000

USD

CY2020Q4

us-gaap

Derivative Collateral Obligation To Return Cash

DerivativeCollateralObligationToReturnCash

1404000

USD

CY2020Q4

us-gaap

Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

1496000

USD

CY2020Q4

us-gaap

Securities Purchased Under Agreements To Resell Not Subject To Master Netting Arrangement

SecuritiesPurchasedUnderAgreementsToResellNotSubjectToMasterNettingArrangement

38640000

USD

CY2020Q4

us-gaap

Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction

SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction

38640000

USD

CY2020Q4

us-gaap

Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash

SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash

0

USD

CY2020Q4

us-gaap

Securities Purchased Under Agreements To Resell Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

0

USD

CY2020Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

24553000

USD

CY2020Q4

us-gaap

Derivative Asset Not Offset Policy Election Deduction

DerivativeAssetNotOffsetPolicyElectionDeduction

12579000

USD

CY2020Q4

us-gaap

Derivative Collateral Right To Reclaim Cash

DerivativeCollateralRightToReclaimCash

10694000

USD

CY2020Q4

us-gaap

Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

1280000

USD

CY2020Q4

us-gaap

Securities Sold Under Agreements To Repurchase

SecuritiesSoldUnderAgreementsToRepurchase

1496931000

USD

CY2020Q4

us-gaap

Securities Purchased Under Agreements To Resell Not Offset Policy Election Deduction

SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction

1496931000

USD

CY2020Q4

us-gaap

Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash

SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash

28884000

USD

CY2020Q4

us-gaap

Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

0

USD

CY2020Q4

us-gaap

Securities Sold Under Agreements To Repurchase Fair Value Of Collateral

SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral

1800000000

USD

CY2019Q4

us-gaap

Derivative Assets

DerivativeAssets

16788000

USD

CY2019Q4

us-gaap

Derivative Liability Not Offset Policy Election Deduction

DerivativeLiabilityNotOffsetPolicyElectionDeduction

12755000

USD

CY2019Q4

us-gaap

Derivative Collateral Obligation To Return Cash

DerivativeCollateralObligationToReturnCash

807000

USD

CY2019Q4

us-gaap

Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

3226000

USD

CY2019Q4

us-gaap

Securities Purchased Under Agreements To Resell Not Subject To Master Netting Arrangement

SecuritiesPurchasedUnderAgreementsToResellNotSubjectToMasterNettingArrangement

73639000

USD

CY2019Q4

us-gaap

Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction

SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction

73639000

USD

CY2019Q4

us-gaap

Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash

SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash

0

USD

CY2019Q4

us-gaap

Securities Purchased Under Agreements To Resell Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

0

USD

CY2019Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

27621000

USD

CY2019Q4

us-gaap

Derivative Asset Not Offset Policy Election Deduction

DerivativeAssetNotOffsetPolicyElectionDeduction

12755000

USD

CY2019Q4

us-gaap

Derivative Collateral Right To Reclaim Cash

DerivativeCollateralRightToReclaimCash

12233000

USD

CY2019Q4

us-gaap

Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

2633000

USD

CY2019Q4

us-gaap

Securities Sold Under Agreements To Repurchase

SecuritiesSoldUnderAgreementsToRepurchase

2445300000

USD

CY2019Q4

us-gaap

Securities Purchased Under Agreements To Resell Not Offset Policy Election Deduction

SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction

73639000

USD

CY2019Q4

us-gaap

Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash

SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash

31005000

USD

CY2019Q4

us-gaap

Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

0

USD

CY2019Q4

us-gaap

Securities Sold Under Agreements To Repurchase Fair Value Of Collateral

SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral

2800000000

USD

CY2020Q1

us-gaap

Interest Income Operating

InterestIncomeOperating

52108000

USD

CY2020Q2

us-gaap

Interest Income Operating

InterestIncomeOperating

39281000

USD

CY2020Q3

us-gaap

Interest Income Operating

InterestIncomeOperating

43075000

USD

CY2020Q4

us-gaap

Interest Income Operating

InterestIncomeOperating

39067000

USD

CY2020Q1

us-gaap

Interest Expense

InterestExpense

22090000

USD

CY2020Q2

us-gaap

Interest Expense

InterestExpense

14686000

USD

CY2020Q3

us-gaap

Interest Expense

InterestExpense

12937000

USD

CY2020Q4

us-gaap

Interest Expense

InterestExpense

11952000

USD

CY2020Q1

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

30018000

USD

CY2020Q2

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

24595000

USD

CY2020Q3

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

30138000

USD

CY2020Q4

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

27115000

USD

CY2020Q1

efc

Realizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

204000

USD

CY2020Q2

efc

Realizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

-27927000

USD

CY2020Q3

efc

Realizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

-192000

USD

CY2020Q4

efc

Realizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

-9551000

USD

CY2020Q1

efc

Unrealizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

-144079000

USD

CY2020Q2

efc

Unrealizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

52057000

USD

CY2020Q3

efc

Unrealizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

24032000

USD

CY2020Q4

efc

Unrealizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

42547000

USD

CY2020Q1

us-gaap

Noninterest Income Other Operating Income

NoninterestIncomeOtherOperatingIncome

1679000

USD

CY2020Q2

us-gaap

Noninterest Income Other Operating Income

NoninterestIncomeOtherOperatingIncome

-435000

USD

CY2020Q3

us-gaap

Noninterest Income Other Operating Income

NoninterestIncomeOtherOperatingIncome

-2747000

USD

CY2020Q4

us-gaap

Noninterest Income Other Operating Income

NoninterestIncomeOtherOperatingIncome

-795000

USD

CY2020Q1

us-gaap

Noninterest Income

NoninterestIncome

-142196000

USD

CY2020Q2

us-gaap

Noninterest Income

NoninterestIncome

23695000

USD

CY2020Q3

us-gaap

Noninterest Income

NoninterestIncome

21093000

USD

CY2020Q4

us-gaap

Noninterest Income

NoninterestIncome

32201000

USD

CY2020Q1

us-gaap

Management Fee Expense

ManagementFeeExpense

2443000

USD

CY2020Q2

us-gaap

Management Fee Expense

ManagementFeeExpense

2906000

USD

CY2020Q3

us-gaap

Management Fee Expense

ManagementFeeExpense

2981000

USD

CY2020Q4

us-gaap

Management Fee Expense

ManagementFeeExpense

3178000

USD

CY2020Q1

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

0

USD

CY2020Q2

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

0

USD

CY2020Q3

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

0

USD

CY2020Q4

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

0

USD

CY2020Q1

efc

Otherinvestmentrelatedexpenses Servicingexpense

OtherinvestmentrelatedexpensesServicingexpense

2531000

USD

CY2020Q2

efc

Otherinvestmentrelatedexpenses Servicingexpense

OtherinvestmentrelatedexpensesServicingexpense

2493000

USD

CY2020Q3

efc

Otherinvestmentrelatedexpenses Servicingexpense

OtherinvestmentrelatedexpensesServicingexpense

2379000

USD

CY2020Q4

efc

Otherinvestmentrelatedexpenses Servicingexpense

OtherinvestmentrelatedexpensesServicingexpense

1736000

USD

CY2020Q1

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

0

USD

CY2020Q2

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

2075000

USD

CY2020Q3

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

0

USD

CY2020Q4

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

1819000

USD

CY2020Q1

efc

Otherinvestmentrelatedexpense Other

OtherinvestmentrelatedexpenseOther

1423000

USD

CY2020Q2

efc

Otherinvestmentrelatedexpense Other

OtherinvestmentrelatedexpenseOther

707000

USD

CY2020Q3

efc

Otherinvestmentrelatedexpense Other

OtherinvestmentrelatedexpenseOther

1199000

USD

CY2020Q4

efc

Otherinvestmentrelatedexpense Other

OtherinvestmentrelatedexpenseOther

1782000

USD

CY2020Q1

us-gaap

Professional Fees

ProfessionalFees

1277000

USD

CY2020Q2

us-gaap

Professional Fees

ProfessionalFees

1333000

USD

CY2020Q3

us-gaap

Professional Fees

ProfessionalFees

1209000

USD

CY2020Q4

us-gaap

Professional Fees

ProfessionalFees

1186000

USD

CY2020Q1

us-gaap

Salaries And Wages

SalariesAndWages

788000

USD

CY2020Q2

us-gaap

Salaries And Wages

SalariesAndWages

941000

USD

CY2020Q3

us-gaap

Salaries And Wages

SalariesAndWages

1085000

USD

CY2020Q4

us-gaap

Salaries And Wages

SalariesAndWages

962000

USD

CY2020Q1

us-gaap

Other Expenses

OtherExpenses

1752000

USD

CY2020Q2

us-gaap

Other Expenses

OtherExpenses

1497000

USD

CY2020Q3

us-gaap

Other Expenses

OtherExpenses

1625000

USD

CY2020Q4

us-gaap

Other Expenses

OtherExpenses

1531000

USD

CY2020Q1

us-gaap

Operating Expenses

OperatingExpenses

10214000

USD

CY2020Q2

us-gaap

Operating Expenses

OperatingExpenses

11952000

USD

CY2020Q3

us-gaap

Operating Expenses

OperatingExpenses

10478000

USD

CY2020Q4

us-gaap

Operating Expenses

OperatingExpenses

12194000

USD

CY2020Q1

us-gaap

Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments

IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

-122392000

USD

CY2020Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments

IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

36338000

USD

CY2020Q3

us-gaap

Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments

IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

40753000

USD

CY2020Q4

us-gaap

Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments

IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

47122000

USD

CY2020Q1

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

-547000

USD

CY2020Q2

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

1542000

USD

CY2020Q3

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

2494000

USD

CY2020Q4

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

7888000

USD

CY2020Q1

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

-6497000

USD

CY2020Q2

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

5643000

USD

CY2020Q3

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

11443000

USD

CY2020Q4

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

27344000

USD

CY2020Q1

us-gaap

Profit Loss

ProfitLoss

-128342000

USD

CY2020Q2

us-gaap

Profit Loss

ProfitLoss

40439000

USD

CY2020Q3

us-gaap

Profit Loss

ProfitLoss

49702000

USD

CY2020Q4

us-gaap

Profit Loss

ProfitLoss

66578000

USD

CY2020Q1

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

-885000

USD

CY2020Q2

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

1220000

USD

CY2020Q3

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

1559000

USD

CY2020Q4

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

1475000

USD

CY2020Q1

us-gaap

Dividends Preferred Stock

DividendsPreferredStock

1941000

USD

CY2020Q2

us-gaap

Dividends Preferred Stock

DividendsPreferredStock

1941000

USD

CY2020Q3

us-gaap

Dividends Preferred Stock

DividendsPreferredStock

1940000

USD

CY2020Q4

us-gaap

Dividends Preferred Stock

DividendsPreferredStock

1941000

USD

CY2020Q1

us-gaap

Net Income Loss

NetIncomeLoss

-129398000

USD

CY2020Q2

us-gaap

Net Income Loss

NetIncomeLoss

37278000

USD

CY2020Q3

us-gaap

Net Income Loss

NetIncomeLoss

46203000

USD

CY2020Q4

us-gaap

Net Income Loss

NetIncomeLoss

63162000

USD

CY2020Q1

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

-3.04

CY2020Q2

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

0.85

CY2020Q3

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

1.06

CY2020Q4

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

1.44

CY2019Q1

us-gaap

Interest Income Operating

InterestIncomeOperating

36016000

USD

CY2019Q2

us-gaap

Interest Income Operating

InterestIncomeOperating

38547000

USD

CY2019Q3

us-gaap

Interest Income Operating

InterestIncomeOperating

39985000

USD

CY2019Q4

us-gaap

Interest Income Operating

InterestIncomeOperating

45353000

USD

CY2019Q1

us-gaap

Interest Expense

InterestExpense

17618000

USD

CY2019Q2

us-gaap

Interest Expense

InterestExpense

19702000

USD

CY2019Q3

us-gaap

Interest Expense

InterestExpense

19954000

USD

CY2019Q4

us-gaap

Interest Expense

InterestExpense

21205000

USD

CY2019Q1

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

18398000

USD

CY2019Q2

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

18845000

USD

CY2019Q3

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

20031000

USD

CY2019Q4

us-gaap

Interest Income Expense Net

InterestIncomeExpenseNet

24148000

USD

CY2019Q1

efc

Realizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

-16950000

USD

CY2019Q2

efc

Realizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

-12327000

USD

CY2019Q3

efc

Realizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

-4827000

USD

CY2019Q4

efc

Realizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

-7266000

USD

CY2019Q1

efc

Unrealizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

20452000

USD

CY2019Q2

efc

Unrealizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

13300000

USD

CY2019Q3

efc

Unrealizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

7970000

USD

CY2019Q4

efc

Unrealizedgainslossesonsecuritiesandloansfinancialderivativesandrealestateownednet

6139000

USD

CY2019Q1

us-gaap

Noninterest Income Other Operating Income

NoninterestIncomeOtherOperatingIncome

2002000

USD

CY2019Q2

us-gaap

Noninterest Income Other Operating Income

NoninterestIncomeOtherOperatingIncome

1808000

USD

CY2019Q3

us-gaap

Noninterest Income Other Operating Income

NoninterestIncomeOtherOperatingIncome

539000

USD

CY2019Q4

us-gaap

Noninterest Income Other Operating Income

NoninterestIncomeOtherOperatingIncome

1001000

USD

CY2019Q1

us-gaap

Noninterest Income

NoninterestIncome

5504000

USD

CY2019Q2

us-gaap

Noninterest Income

NoninterestIncome

2781000

USD

CY2019Q3

us-gaap

Noninterest Income

NoninterestIncome

3682000

USD

CY2019Q4

us-gaap

Noninterest Income

NoninterestIncome

-126000

USD

CY2019Q1

us-gaap

Management Fee Expense

ManagementFeeExpense

1722000

USD

CY2019Q2

us-gaap

Management Fee Expense

ManagementFeeExpense

1661000

USD

CY2019Q3

us-gaap

Management Fee Expense

ManagementFeeExpense

1942000

USD

CY2019Q4

us-gaap

Management Fee Expense

ManagementFeeExpense

2663000

USD

CY2019Q1

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

0

USD

CY2019Q2

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

0

USD

CY2019Q3

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

0

USD

CY2019Q4

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

116000

USD

CY2019Q1

efc

Otherinvestmentrelatedexpenses Servicingexpense

OtherinvestmentrelatedexpensesServicingexpense

2393000

USD

CY2019Q4

efc

Otherinvestmentrelatedexpenses Servicingexpense

OtherinvestmentrelatedexpensesServicingexpense

2055000

USD

CY2019Q1

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

0

USD

CY2019Q2

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

1671000

USD

CY2019Q2

efc

Otherinvestmentrelatedexpenses Servicingexpense

OtherinvestmentrelatedexpensesServicingexpense

2244000

USD

CY2019Q3

efc

Otherinvestmentrelatedexpenses Servicingexpense

OtherinvestmentrelatedexpensesServicingexpense

1940000

USD

CY2019Q3

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

0

USD

CY2019Q4

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

1865000

USD

CY2019Q1

efc

Otherinvestmentrelatedexpense Other

OtherinvestmentrelatedexpenseOther

1083000

USD

CY2019Q2

efc

Otherinvestmentrelatedexpense Other

OtherinvestmentrelatedexpenseOther

1238000

USD

CY2019Q3

efc

Otherinvestmentrelatedexpense Other

OtherinvestmentrelatedexpenseOther

1347000

USD

CY2019Q4

efc

Otherinvestmentrelatedexpense Other

OtherinvestmentrelatedexpenseOther

1941000

USD

CY2019Q1

us-gaap

Professional Fees

ProfessionalFees

1956000

USD

CY2019Q2

us-gaap

Professional Fees

ProfessionalFees

1178000

USD

CY2019Q3

us-gaap

Professional Fees

ProfessionalFees

698000

USD

CY2019Q4

us-gaap

Professional Fees

ProfessionalFees

1021000

USD

CY2019Q1

us-gaap

Salaries And Wages

SalariesAndWages

1072000

USD

CY2019Q2

us-gaap

Salaries And Wages

SalariesAndWages

903000

USD

CY2019Q3

us-gaap

Salaries And Wages

SalariesAndWages

712000

USD

CY2019Q4

us-gaap

Salaries And Wages

SalariesAndWages

962000

USD

CY2019Q1

us-gaap

Other Expenses

OtherExpenses

985000

USD

CY2019Q2

us-gaap

Other Expenses

OtherExpenses

1053000

USD

CY2019Q3

us-gaap

Other Expenses

OtherExpenses

1156000

USD

CY2019Q4

us-gaap

Other Expenses

OtherExpenses

1160000

USD

CY2019Q1

us-gaap

Operating Expenses

OperatingExpenses

9211000

USD

CY2019Q2

us-gaap

Operating Expenses

OperatingExpenses

9948000

USD

CY2019Q3

us-gaap

Operating Expenses

OperatingExpenses

7795000

USD

CY2019Q4

us-gaap

Operating Expenses

OperatingExpenses

11783000

USD

CY2019Q1

us-gaap

Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments

IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

14691000

USD

CY2019Q2

us-gaap

Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments

IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

11678000

USD

CY2019Q3

us-gaap

Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments

IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

15918000

USD

CY2019Q4

us-gaap

Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments

IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

12239000

USD

CY2019Q1

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

0

USD

CY2019Q2

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

376000

USD

CY2019Q3

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

2000

USD

CY2019Q4

us-gaap

Income Tax Expense Benefit

IncomeTaxExpenseBenefit

1180000

USD

CY2019Q1

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

1797000

USD

CY2019Q2

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

2354000

USD

CY2019Q3

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

2796000

USD

CY2019Q4

us-gaap

Income Loss From Equity Method Investments

IncomeLossFromEquityMethodInvestments

3262000

USD

CY2019Q1

us-gaap

Profit Loss

ProfitLoss

16488000

USD

CY2019Q2

us-gaap

Profit Loss

ProfitLoss

13656000

USD

CY2019Q3

us-gaap

Profit Loss

ProfitLoss

18712000

USD

CY2019Q4

us-gaap

Profit Loss

ProfitLoss

14321000

USD

CY2019Q1

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

1080000

USD

CY2019Q2

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

1012000

USD

CY2019Q3

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

1419000

USD

CY2019Q4

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

1733000

USD

CY2019Q1

us-gaap

Dividends Preferred Stock

DividendsPreferredStock

0

USD

CY2019Q2

us-gaap

Dividends Preferred Stock

DividendsPreferredStock

0

USD

CY2019Q3

us-gaap

Dividends Preferred Stock

DividendsPreferredStock

0

USD

CY2019Q4

us-gaap

Dividends Preferred Stock

DividendsPreferredStock

1466000

USD

CY2019Q1

us-gaap

Net Income Loss

NetIncomeLoss

15408000

USD

CY2019Q2

us-gaap

Net Income Loss

NetIncomeLoss

12644000

USD

CY2019Q3

us-gaap

Net Income Loss

NetIncomeLoss

17293000

USD

CY2019Q4

us-gaap

Net Income Loss

NetIncomeLoss

11122000

USD

CY2019Q1

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

0.52

CY2019Q2

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

0.43

CY2019Q3

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

0.53

CY2019Q4

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

0.31

CY2018Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

44656000

USD

CY2018Q4

us-gaap

Restricted Cash

RestrictedCash

425000

USD

CY2018Q4

us-gaap

Investment Owned At Fair Value

InvestmentOwnedAtFairValue

2939311000

USD

CY2018Q4

us-gaap

Derivative Assets

DerivativeAssets

20001000

USD

CY2018Q4

us-gaap

Securities Purchased Under Agreements To Resell Not Subject To Master Netting Arrangement

SecuritiesPurchasedUnderAgreementsToResellNotSubjectToMasterNettingArrangement

61274000

USD

CY2018Q4

efc

Total Investments And Financial Derivatives

TotalInvestmentsAndFinancialDerivatives

3020586000

USD

CY2018Q4

us-gaap

Deposits Assets

DepositsAssets

71794000

USD

CY2018Q4

us-gaap

Receivables From Brokers Dealers And Clearing Organizations

ReceivablesFromBrokersDealersAndClearingOrganizations

780826000

USD

CY2018Q4

us-gaap

Interest Receivable

InterestReceivable

37676000

USD

CY2018Q4

us-gaap

Other Assets

OtherAssets

15536000

USD

CY2018Q4

us-gaap

Assets

3971499000

USD

CY2018Q4

us-gaap

Financial Instruments Sold Not Yet Purchased At Fair Value

FinancialInstrumentsSoldNotYetPurchasedAtFairValue

850577000

USD

CY2018Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

20806000

USD

CY2018Q4

us-gaap

Investment Related Liabilities

InvestmentRelatedLiabilities

871383000

USD

CY2018Q4

us-gaap

Assets Sold Under Agreements To Repurchase Repurchase Liability

AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability

1498849000

USD

CY2018Q4

us-gaap

Other Payables To Broker Dealers And Clearing Organizations

OtherPayablesToBrokerDealersAndClearingOrganizations

5553000

USD

CY2018Q4

srt

Payables To Broker Dealers And Clearing Organizations

PayablesToBrokerDealersAndClearingOrganizations

488411000

USD

CY2018Q4

us-gaap

Other Secured Financings

OtherSecuredFinancings

114100000

USD

CY2018Q4

efc

Othersecuredborrowingsatfairvalue

297948000

USD

CY2018Q4

us-gaap

Long Term Debt

LongTermDebt

85035000

USD

CY2018Q4

us-gaap

Accounts Payable And Accrued Liabilities Current And Noncurrent

AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent

5723000

USD

CY2018Q4

us-gaap

Management Fee Payable

ManagementFeePayable

1744000

USD

CY2018Q4

us-gaap

Interest And Dividends Payable Current And Noncurrent

InterestAndDividendsPayableCurrentAndNoncurrent

7159000

USD

CY2018Q4

us-gaap

Other Liabilities

OtherLiabilities

424000

USD

CY2018Q4

us-gaap

Liabilities

3376329000

USD

CY2018Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

595170000

USD

CY2018Q4

us-gaap

Liabilities And Stockholders Equity

LiabilitiesAndStockholdersEquity

3971499000

USD

CY2018Q4

us-gaap

Common Stock Value

CommonStockValue

563833000

USD

CY2018Q4

us-gaap

Other Additional Capital

OtherAdditionalCapital

0

USD

CY2018Q4

us-gaap

Stockholders Equity

StockholdersEquity

563833000

USD

CY2018Q4

us-gaap

Minority Interest

MinorityInterest

31337000

USD

CY2018Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

595170000

USD

CY2018Q4

us-gaap

Net Asset Value Per Share

NetAssetValuePerShare

18.92

CY2018Q4

efc

Percentagecollaterallizedbygnrcmocertificates

1

CY2018Q4

efc

Nonperformingloansmaturitydatenotapplicable

47300000

USD

CY2018Q4

us-gaap

Mortgage Loans In Process Of Foreclosure Amount

MortgageLoansInProcessOfForeclosureAmount

9100000

USD

CY2018

us-gaap

Interest Income Operating

InterestIncomeOperating

131027000

USD

CY2018

us-gaap

Other Operating Income

OtherOperatingIncome

4014000

USD

CY2018

us-gaap

Interest And Other Income

InterestAndOtherIncome

135041000

USD

CY2018

us-gaap

Management Fee Expense

ManagementFeeExpense

7573000

USD

CY2018

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

715000

USD

CY2018

us-gaap

Interest Expense

InterestExpense

56707000

USD

CY2018

efc

Otherinvestmentrelatedexpenses Servicingexpense

OtherinvestmentrelatedexpensesServicingexpense

7715000

USD

CY2018

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

1647000

USD

CY2018

efc

Otherinvestmentrelatedexpense Other

OtherinvestmentrelatedexpenseOther

7592000

USD

CY2018

us-gaap

Professional Fees

ProfessionalFees

3902000

USD

CY2018

efc

Administrationfeeexpense

734000

USD

CY2018

us-gaap

Salaries And Wages

SalariesAndWages

2233000

USD

CY2018

us-gaap

General Insurance Expense

GeneralInsuranceExpense

487000

USD

CY2018

us-gaap

Noninterest Expense Directors Fees

NoninterestExpenseDirectorsFees

298000

USD

CY2018

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

415000

USD

CY2018

us-gaap

Other Expenses

OtherExpenses

1898000

USD

CY2018

us-gaap

Operating Expenses

OperatingExpenses

91916000

USD

CY2018

us-gaap

Operating Income Loss

OperatingIncomeLoss

43125000

USD

CY2018

us-gaap

Realized Investment Gains Losses

RealizedInvestmentGainsLosses

25421000

USD

CY2018

efc

Net Realized Gain Losson Financial Derivativesexcludingcurrencyhedges

NetRealizedGainLossonFinancialDerivativesexcludingcurrencyhedges

-2639000

USD

CY2018

efc

Netrealizedgainlossoncurrencyhedges

4475000

USD

CY2018

us-gaap

Foreign Currency Transaction Gain Loss Realized

ForeignCurrencyTransactionGainLossRealized

4131000

USD

CY2018

efc

Totalnetrealizedgainloss

31388000

USD

CY2018

us-gaap

Unrealized Gain Loss On Investments

UnrealizedGainLossOnInvestments

-25947000

USD

CY2018

efc

Unrealized Gain Losson Other Secured Borrowings

UnrealizedGainLossonOtherSecuredBorrowings

758000

USD

CY2018

efc

Unrealized Gain Losson Financial Derivativesexcludingcurrencyhedges

UnrealizedGainLossonFinancialDerivativesexcludingcurrencyhedges

7093000

USD

CY2018

efc

Unrealized Gain Losson Financial Derivativescurrencyhedges

UnrealizedGainLossonFinancialDerivativescurrencyhedges

565000

USD

CY2018

us-gaap

Foreign Currency Transaction Gain Loss Unrealized

ForeignCurrencyTransactionGainLossUnrealized

-7071000

USD

CY2018

efc

Total Unrealized Gain Loss

TotalUnrealizedGainLoss

-24602000

USD

CY2018

us-gaap

Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency

InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency

6786000

USD

CY2018

us-gaap

Profit Loss

ProfitLoss

49911000

USD

CY2018

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

3235000

USD

CY2018Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

595170000

USD

CY2018

us-gaap

Common Stock Dividends Per Share Declared

CommonStockDividendsPerShareDeclared

1.64

CY2018

us-gaap

Net Income Loss

NetIncomeLoss

46676000

USD

CY2018

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

1.52

CY2017Q4

us-gaap

Stockholders Equity Including Portion Attributable To Noncontrolling Interest

StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

620961000

USD

CY2018

us-gaap

Operating Income Loss

OperatingIncomeLoss

43125000

USD

CY2018

efc

Totalnetrealizedgainloss

31388000

USD

CY2018

efc

Total Unrealized Gain Loss

TotalUnrealizedGainLoss

-24602000

USD

CY2018

us-gaap

Profit Loss

ProfitLoss

49911000

USD

CY2018

efc

Shares Issued As Paymentof Incentive Fee

SharesIssuedAsPaymentofIncentiveFee

71000

USD

CY2018

us-gaap

Noncontrolling Interest Increase From Sale Of Parent Equity Interest

NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest

21532000

USD

CY2018

us-gaap

Dividends

50736000

USD

CY2018

us-gaap

Minority Interest Decrease From Distributions To Noncontrolling Interest Holders

MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders

23853000

USD

CY2018

efc

Adjustmentstononcontrollinginterests

0

USD

CY2018

efc

Sharebasedlongtermincentiveplanunitredemptionanddistribution

0

USD

CY2018

us-gaap

Stock Repurchased And Retired During Period Value

StockRepurchasedAndRetiredDuringPeriodValue

23131000

USD

CY2018

us-gaap

Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value

AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue

415000

USD

CY2018

efc

Net Increase Decrease In Equity From Transactions

NetIncreaseDecreaseInEquityFromTransactions

-75702000

USD

CY2018

us-gaap

Profit Loss

ProfitLoss

49911000

USD

CY2018

efc

Realizedgainorlossoninvestmentsfinancialderivativesandforeigncurrencytransactionsexcludes F Xoncash

RealizedgainorlossoninvestmentsfinancialderivativesandforeigncurrencytransactionsexcludesFXoncash

25368000

USD

CY2018

efc

Total Net Unrealized Gain Loss On Investments Other Secured Borrowings Financial Derivativesand Foreign Currency Translationexcluding F Xoncash

TotalNetUnrealizedGainLossOnInvestmentsOtherSecuredBorrowingsFinancialDerivativesandForeignCurrencyTranslationexcludingFXoncash

26318000

USD

CY2018

us-gaap

Accretion Amortization Of Discounts And Premiums Investments

AccretionAmortizationOfDiscountsAndPremiumsInvestments

-45895000

USD

CY2018

us-gaap

Payments To Acquire Investments

PaymentsToAcquireInvestments

3350398000

USD

CY2018

us-gaap

Payments For Proceeds From Investments

PaymentsForProceedsFromInvestments

-1868532000

USD

CY2018

efc

Proceeds From Principal Payments Of Investments

ProceedsFromPrincipalPaymentsOfInvestments

497858000

USD

CY2018

efc

Proceeds From Investments Sold Short

ProceedsFromInvestmentsSoldShort

2674841000

USD

CY2018

efc

Repurchase Of Investments Sold Short

RepurchaseOfInvestmentsSoldShort

2457148000

USD

CY2018

efc

Paymentsonfinancialderivatives

119490000

USD

CY2018

efc

Proceedsfromfinancialderivatives

121904000

USD

CY2018

us-gaap

Amortization Of Financing Costs

AmortizationOfFinancingCosts

263000

USD

CY2018

efc

Shares Issued In Connection With Incentive Fee Payment Non Cash

SharesIssuedInConnectionWithIncentiveFeePaymentNonCash

71000

USD

CY2018

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

415000

USD

CY2018

efc

Interestincomerelatedtoconsolidatedsecuritizationtrust

4697000

USD

CY2018

efc

Interestexpenserelatedtoconsolidatedsecuritizationtrust

4313000

USD

CY2018

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvalue

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvalue

1647000

USD

CY2018

efc

Increase Decrease In Repurchase Agreements

IncreaseDecreaseInRepurchaseAgreements

-94675000

USD

CY2018

efc

Increase Decrease In Receivable For Securities Sold

IncreaseDecreaseInReceivableForSecuritiesSold

304826000

USD

CY2018

us-gaap

Increase Decrease In Deposits Outstanding

IncreaseDecreaseInDepositsOutstanding

-68610000

USD

CY2018

us-gaap

Increase Decrease In Accrued Interest Receivable Net

IncreaseDecreaseInAccruedInterestReceivableNet

7988000

USD

CY2018

us-gaap

Increase Decrease In Other Operating Assets

IncreaseDecreaseInOtherOperatingAssets

-28234000

USD

CY2018

efc

Increase Decrease In Due To Brokers Margin Accounts

IncreaseDecreaseInDueToBrokersMarginAccounts

3832000

USD

CY2018

efc

Increase Decrease In Payable For Securities Purchased

IncreaseDecreaseInPayableForSecuritiesPurchased

285708000

USD

CY2018

us-gaap

Increase Decrease In Accounts Payable And Accrued Liabilities

IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

1838000

USD

CY2018

us-gaap

Increase Decrease In Other Operating Liabilities

IncreaseDecreaseInOtherOperatingLiabilities

-17000

USD

CY2018

efc

Increase Decrease Interest And Dividends Payable

IncreaseDecreaseInterestAndDividendsPayable

1255000

USD

CY2018

efc

Increasedecreaseinaccruedmanagementfee

-369000

USD

CY2018

us-gaap

Net Cash Provided By Used In Operating Activities

NetCashProvidedByUsedInOperatingActivities

-494181000

USD

CY2018

us-gaap

Proceeds From Minority Shareholders

ProceedsFromMinorityShareholders

21532000

USD

CY2018

us-gaap

Payments For Repurchase Of Common Stock

PaymentsForRepurchaseOfCommonStock

23131000

USD

CY2018

us-gaap

Payments Of Dividends

PaymentsOfDividends

50736000

USD

CY2018

us-gaap

Payments To Minority Shareholders

PaymentsToMinorityShareholders

23853000

USD

CY2018

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvaluefinancingactivities

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvaluefinancingactivities

-775000

USD

CY2018

efc

Proceedsfromissuanceofsecuritizeddebt

100010000

USD

CY2018

efc

Principal Payment On Securitized Debt

PrincipalPaymentOnSecuritizedDebt

43819000

USD

CY2018

us-gaap

Proceeds From Issuance Of Secured Debt

ProceedsFromIssuanceOfSecuredDebt

102706000

USD

CY2018

efc

Borrowingsunder Reverse Repurchase Agreements

BorrowingsunderReverseRepurchaseAgreements

8078468000

USD

CY2018

efc

Repaymentsof Reverse Repurchase Agreements

RepaymentsofReverseRepurchaseAgreements

7668798000

USD

CY2018

us-gaap

Net Cash Provided By Used In Financing Activities

NetCashProvidedByUsedInFinancingActivities

491604000

USD

CY2018

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect

-2577000

USD

CY2017Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

47658000

USD

CY2018Q4

us-gaap

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents

CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents

45081000

USD

CY2018

us-gaap

Interest Paid Net

InterestPaidNet

55649000

USD

CY2018

efc

Shares Issued In Connection With Incentive Fee Payment Non Cash

SharesIssuedInConnectionWithIncentiveFeePaymentNonCash

71000

USD

CY2018

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

415000

USD

CY2018

efc

Aggregate To Be Announced Trade Activity Buys Sells Non Cash

AggregateToBeAnnouncedTradeActivityBuysSellsNonCash

29752907000

USD

CY2018

efc

Purchaseof Investments Non Cash

PurchaseofInvestmentsNonCash

-17424000

USD

CY2018

efc

Proceedsfromprincipalpaymentsofinvestmentsnoncash

49731000

USD

CY2018

efc

Proceedsfromthe Dispositionof Investments Non Cash

ProceedsfromtheDispositionofInvestmentsNonCash

17424000

USD

CY2018

efc

Proceedsreceivedfrom Othersecuredborrowingsatfairvaluenoncash

ProceedsreceivedfromOthersecuredborrowingsatfairvaluenoncash

120625000

USD

CY2018

efc

Principalpaymentson Othersecuredborrowingsatfairvaluenoncash

PrincipalpaymentsonOthersecuredborrowingsatfairvaluenoncash

49731000

USD

CY2018

efc

Repaymentsofreverserepurchaseagreementsnoncash

-120136000

USD

CY2018

efc

Debtissuancecostsrelatedto Othersecuredborrowingsatfairvaluenoncash

DebtissuancecostsrelatedtoOthersecuredborrowingsatfairvaluenoncash

-872000

USD

CY2018

efc

Sharebasedlongtermincentiveplanunitredemptionnoncash

-9537000

USD

CY2018

efc

Contributionfromnoncontrollinginterestnoncash

9537000

USD

CY2018Q4

us-gaap

Long Term Debt Fair Value

LongTermDebtFairValue

86000000.0

USD

CY2018

efc

Net Realized Gain Losson Derivativesincludinggainlossonforeigncurrencytransactions

NetRealizedGainLossonDerivativesincludinggainlossonforeigncurrencytransactions

1911000

USD

CY2018

efc

Unrealized Gain Losson Derivatives Including Gain Lossfrom Foreign Currency Remeasurement

UnrealizedGainLossonDerivativesIncludingGainLossfromForeignCurrencyRemeasurement

7807000

USD

CY2018

efc

Minimumeconomicinterestrequiredtoberetained

0.05

CY2018

efc

Faceamountofnotesdistributedfrom Risk Retention Vehicle

FaceamountofnotesdistributedfromRiskRetentionVehicle

5600000

USD

CY2018

efc

Proceedsreceivedfromequityinvestmentinriskretentionvehicleliquidation

5700000

USD

CY2018Q4

efc

Totalsecuredborrowings

1911000000

USD

CY2018Q4

efc

Numberof Counterpartieswith Outstanding Reverse Repurchase Agreements

NumberofCounterpartieswithOutstandingReverseRepurchaseAgreements

23

counterparty

CY2018Q4

efc

Concentration Risk Reverse Repurchase Agreements

ConcentrationRiskReverseRepurchaseAgreements

21

CY2018Q4

efc

Number Counterparties With Concentration Risk Reverse Repurchase Agreements

NumberCounterpartiesWithConcentrationRiskReverseRepurchaseAgreements

1

counterparty

CY2018Q4

us-gaap

Assets Sold Under Agreements To Repurchase Repurchase Liability

AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability

1498849000

USD

CY2018Q4

us-gaap

Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements

PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements

1790000000

USD

CY2018Q4

efc

Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements Unsettled

PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreementsUnsettled

86700000

USD

CY2018Q4

efc

Repurchase Agreementsamountatriskthreshold

RepurchaseAgreementsamountatriskthreshold

0.10

CY2019

efc

Annual Base Management Fee Percentage

AnnualBaseManagementFeePercentage

0.0150

CY2018

us-gaap

Management Fee Expense

ManagementFeeExpense

7600000

USD

CY2018

efc

Incentive Fee Rate

IncentiveFeeRate

0.25

CY2018Q4

efc

Incentive Fee Loss Carryforward

IncentiveFeeLossCarryforward

2100000

USD

CY2018

efc

Incentive Fee Hurdle Rate Fixed

IncentiveFeeHurdleRateFixed

0.09

CY2018

efc

Incentive Fee Hurdle Rate Floating

IncentiveFeeHurdleRateFloating

0.03

CY2018

efc

Minimum Percentage Of Incentive Fee To Be Paid In Share

MinimumPercentageOfIncentiveFeeToBePaidInShare

0.10

CY2018

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

700000

USD

CY2018

efc

Termination Fee Number Of Periods

TerminationFeeNumberOfPeriods

2

period

CY2018

efc

Termination Fee Period

TerminationFeePeriod

P12M

CY2018

efc

Termination Fee Number Of Periods

TerminationFeeNumberOfPeriods

2

period

CY2018

efc

Termination Fee Period

TerminationFeePeriod

P12M

CY2019

efc

Expense Reimbursement Period

ExpenseReimbursementPeriod

P60D

CY2018

efc

Expense Reimbursement Manager

ExpenseReimbursementManager

6500000

USD

CY2018

us-gaap

Investment Company Contractual Fee Waived

InvestmentCompanyContractualFeeWaived

1400000

USD

CY2018

efc

Faceamountofinvestmentspurchasedfromrelatedparty

2900000

USD

CY2018

us-gaap

Allocated Share Based Compensation Expense

AllocatedShareBasedCompensationExpense

400000

USD

CY2018Q4

us-gaap

Common Stock Capital Shares Reserved For Future Issuance

CommonStockCapitalSharesReservedForFutureIssuance

1874223

shares

CY2018

us-gaap

Common Stock Dividends Per Share Declared

CommonStockDividendsPerShareDeclared

1.64

CY2018

us-gaap

Payments Of Dividends

PaymentsOfDividends

50700000

USD

CY2017Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

31335938

shares

CY2018

us-gaap

Stock Repurchased And Retired During Period Shares

StockRepurchasedAndRetiredDuringPeriodShares

1547148

shares

CY2018

us-gaap

Stock Issued During Period Shares Conversion Of Units

StockIssuedDuringPeriodSharesConversionOfUnits

3334

shares

CY2018

us-gaap

Stock Issued During Period Shares Issued For Services

StockIssuedDuringPeriodSharesIssuedForServices

4477

shares

CY2018Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

29796601

shares

CY2018Q4

efc

Common Shares Issued And Outstanding Upon Conversion Of All Convertible Securities

CommonSharesIssuedAndOutstandingUponConversionOfAllConvertibleSecurities

30529972

shares

CY2018Q2

us-gaap

Stock Repurchase Program Number Of Shares Authorized To Be Repurchased

StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased

1550000

shares

CY2018

us-gaap

Stock Repurchased And Retired During Period Shares

StockRepurchasedAndRetiredDuringPeriodShares

1547148

shares

CY2018

us-gaap

Stock Repurchased And Retired During Period Value

StockRepurchasedAndRetiredDuringPeriodValue

23100000

USD

us-gaap

Stock Repurchased And Retired During Period Shares

StockRepurchasedAndRetiredDuringPeriodShares

361090

shares

efc

Stock Repurchases Average Price Per Share

StockRepurchasesAveragePricePerShare

15.34

us-gaap

Stock Repurchased And Retired During Period Value

StockRepurchasedAndRetiredDuringPeriodValue

5500000

USD

CY2018

us-gaap

Net Income Loss

NetIncomeLoss

46676000

USD

CY2018

efc

Net Income Loss Attributableto Participating Noncontrolling Interest

NetIncomeLossAttributabletoParticipatingNoncontrollingInterest

319000

USD

CY2018

efc

Netincomelossattributabletoparentandparticipatingnoncontrollinginterest

46995000

USD

CY2018

us-gaap

Dividends

50736000

USD

CY2018

us-gaap

Undistributed Earnings

UndistributedEarnings

-3741000

USD

CY2018

us-gaap

Earnings Per Share Basic Distributed

EarningsPerShareBasicDistributed

1.64

CY2018

us-gaap

Earnings Per Share Basic Undistributed

EarningsPerShareBasicUndistributed

-0.12

CY2018

us-gaap

Earnings Per Share Basic

EarningsPerShareBasic

1.52

CY2018

us-gaap

Earnings Per Share Diluted Distributed

EarningsPerShareDilutedDistributed

1.64

CY2018

us-gaap

Earnings Per Share Diluted Undistributed

EarningsPerShareDilutedUndistributed

-0.12

CY2018

us-gaap

Earnings Per Share Diluted

EarningsPerShareDiluted

1.52

CY2018

efc

Net Income Loss Attributableto Non Participating Noncontrolling Interest

NetIncomeLossAttributabletoNonParticipatingNoncontrollingInterest

2900000

USD

CY2018Q4

us-gaap

Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements

PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements

1790000000

USD

CY2018Q4

efc

Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements Unsettled

PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreementsUnsettled

86700000

USD

CY2018

efc

Concentration Risk Treshold

ConcentrationRiskTreshold

0.15

CY2018Q4

us-gaap

Pledged Financial Instruments Not Separately Reported Securities For Repurchase Agreements

PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForRepurchaseAgreements

1790000000

USD

CY2018Q4

efc

Unencumbered Investments Held In Custody

UnencumberedInvestmentsHeldInCustody

13300000

USD

CY2019

efc

Concentration Risk Treshold

ConcentrationRiskTreshold

0.15

CY2019

efc

Concentration Risk Treshold

ConcentrationRiskTreshold

0.15

CY2018Q4

us-gaap

Cash And Cash Equivalents At Carrying Value

CashAndCashEquivalentsAtCarryingValue

44700000

USD

CY2018Q4

us-gaap

Restricted Cash And Cash Equivalents

RestrictedCashAndCashEquivalents

425000

USD

CY2018Q4

us-gaap

Derivative Assets

DerivativeAssets

20001000

USD

CY2018Q4

us-gaap

Derivative Liability Not Offset Policy Election Deduction

DerivativeLiabilityNotOffsetPolicyElectionDeduction

10910000

USD

CY2018Q4

us-gaap

Derivative Collateral Obligation To Return Cash

DerivativeCollateralObligationToReturnCash

2514000

USD

CY2018Q4

us-gaap

Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

6577000

USD

CY2018Q4

us-gaap

Securities Purchased Under Agreements To Resell Not Subject To Master Netting Arrangement

SecuritiesPurchasedUnderAgreementsToResellNotSubjectToMasterNettingArrangement

61274000

USD

CY2018Q4

us-gaap

Securities Sold Under Agreements To Resell Not Offset Policy Election Deduction

SecuritiesSoldUnderAgreementsToResellNotOffsetPolicyElectionDeduction

61274000

USD

CY2018Q4

us-gaap

Securities Purchased Under Agreements To Resell Collateral Obligation To Return Cash

SecuritiesPurchasedUnderAgreementsToResellCollateralObligationToReturnCash

0

USD

CY2018Q4

us-gaap

Securities Purchased Under Agreements To Resell Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

SecuritiesPurchasedUnderAgreementsToResellOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

0

USD

CY2018Q4

us-gaap

Derivative Liabilities

DerivativeLiabilities

20806000

USD

CY2018Q4

us-gaap

Derivative Asset Not Offset Policy Election Deduction

DerivativeAssetNotOffsetPolicyElectionDeduction

10910000

USD

CY2018Q4

us-gaap

Derivative Collateral Right To Reclaim Cash

DerivativeCollateralRightToReclaimCash

9896000

USD

CY2018Q4

us-gaap

Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

0

USD

CY2018Q4

us-gaap

Securities Sold Under Agreements To Repurchase

SecuritiesSoldUnderAgreementsToRepurchase

1498849000

USD

CY2018Q4

us-gaap

Securities Purchased Under Agreements To Resell Not Offset Policy Election Deduction

SecuritiesPurchasedUnderAgreementsToResellNotOffsetPolicyElectionDeduction

61274000

USD

CY2018Q4

us-gaap

Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Cash

SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimCash

16974000

USD

CY2018Q4

us-gaap

Securities Sold Under Agreements To Repurchase Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election

SecuritiesSoldUnderAgreementsToRepurchaseOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection

0

USD

CY2018Q4

us-gaap

Securities Sold Under Agreements To Repurchase Fair Value Of Collateral

SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral

1790000000

USD

CY2018Q4

us-gaap

Guarantee Obligations Current Carrying Value

GuaranteeObligationsCurrentCarryingValue

1000000.0

USD

CY2017Q4

us-gaap

Net Asset Value Per Share

NetAssetValuePerShare

19.15

CY2018

us-gaap

Investment Company Investment Income Loss Per Share

InvestmentCompanyInvestmentIncomeLossPerShare

1.42

CY2018

us-gaap

Investment Company Gain Loss On Investment Per Share

InvestmentCompanyGainLossOnInvestmentPerShare

0.23

CY2018

us-gaap

Investment Company Investment Income Loss From Operations Per Share

InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare

1.65

CY2018

efc

Netincomelossattributabletononcontrollinginterestpershare

-0.11

CY2018

efc

Netincomelossattributabletoparentpershare

1.54

CY2018

efc

Divideds Paid Per Common Share

DividedsPaidPerCommonShare

1.64

CY2018

efc

Weighted Average Share Impact On Dividends Paid

WeightedAverageShareImpactOnDividendsPaid

-0.03

CY2018

efc

Accretive Dilutive Effectof Share Issuances Netof Offering Costs Share Repurchasesand Adjustmentsto Noncontrollinginterests

AccretiveDilutiveEffectofShareIssuancesNetofOfferingCostsShareRepurchasesandAdjustmentstoNoncontrollinginterests

-0.10

CY2018Q4

us-gaap

Net Asset Value Per Share

NetAssetValuePerShare

18.92

CY2018Q4

us-gaap

Common Stock Shares Outstanding

CommonStockSharesOutstanding

29796601

shares

CY2018Q4

efc

Shareholders Equity Per Share Upon Conversion Of All Convertible Units

ShareholdersEquityPerShareUponConversionOfAllConvertibleUnits

18.92

CY2018

us-gaap

Investment Company Total Return After Incentive Fees

InvestmentCompanyTotalReturnAfterIncentiveFees

0.0738

CY2019

efc

Market Based Total Return

MarketBasedTotalReturn

17.30

CY2018

us-gaap

Investment Company Investment Income Loss Ratio

InvestmentCompanyInvestmentIncomeLossRatio

0.0704

CY2018

efc

Ratio Of Operating Expenses Before Incentive Fee Interest Expenseand Other Investment Related Expenses To Average Equity

RatioOfOperatingExpensesBeforeIncentiveFeeInterestExpenseandOtherInvestmentRelatedExpensesToAverageEquity

0.0286

CY2018

us-gaap

Investment Company Incentive Fee To Average Net Assets

InvestmentCompanyIncentiveFeeToAverageNetAssets

0.0012

CY2018

efc

Ratio Of Interestandotherinvestmentrelated Expenses To Average Equity

RatioOfInterestandotherinvestmentrelatedExpensesToAverageEquity

0.1203

CY2018

us-gaap

Investment Company Expense Ratio After Incentive Allocation

InvestmentCompanyExpenseRatioAfterIncentiveAllocation

0.1501

CY2018Q1

us-gaap

Interest Income Operating

InterestIncomeOperating

28092000

USD

CY2018Q2

us-gaap

Interest Income Operating

InterestIncomeOperating

31941000

USD

CY2018Q3

us-gaap

Interest Income Operating

InterestIncomeOperating

35300000

USD

CY2018Q4

us-gaap

Interest Income Operating

InterestIncomeOperating

35694000

USD

CY2018Q1

us-gaap

Other Operating Income

OtherOperatingIncome

716000

USD

CY2018Q2

us-gaap

Other Operating Income

OtherOperatingIncome

1094000

USD

CY2018Q3

us-gaap

Other Operating Income

OtherOperatingIncome

1046000

USD

CY2018Q4

us-gaap

Other Operating Income

OtherOperatingIncome

1157000

USD

CY2018Q1

us-gaap

Interest And Other Income

InterestAndOtherIncome

28808000

USD

CY2018Q2

us-gaap

Interest And Other Income

InterestAndOtherIncome

33035000

USD

CY2018Q3

us-gaap

Interest And Other Income

InterestAndOtherIncome

36346000

USD

CY2018Q4

us-gaap

Interest And Other Income

InterestAndOtherIncome

36851000

USD

CY2018Q1

us-gaap

Management Fee Expense

ManagementFeeExpense

1978000

USD

CY2018Q2

us-gaap

Management Fee Expense

ManagementFeeExpense

2021000

USD

CY2018Q3

us-gaap

Management Fee Expense

ManagementFeeExpense

1830000

USD

CY2018Q4

us-gaap

Management Fee Expense

ManagementFeeExpense

1744000

USD

CY2018Q1

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

0

USD

CY2018Q2

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

291000

USD

CY2018Q3

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

424000

USD

CY2018Q4

us-gaap

Incentive Fee Expense

IncentiveFeeExpense

0

USD

CY2018Q1

us-gaap

Interest Expense

InterestExpense

11562000

USD

CY2018Q2

us-gaap

Interest Expense

InterestExpense

13383000

USD

CY2018Q3

us-gaap

Interest Expense

InterestExpense

15678000

USD

CY2018Q4

us-gaap

Interest Expense

InterestExpense

16083000

USD

CY2018Q1

efc

Otherinvestmentrelatedexpenses

2952000

USD

CY2018Q2

efc

Otherinvestmentrelatedexpenses

3771000

USD

CY2018Q3

efc

Otherinvestmentrelatedexpenses

4384000

USD

CY2018Q4

efc

Otherinvestmentrelatedexpenses

4201000

USD

CY2018Q1

efc

Otheroperatingexpenses

2074000

USD

CY2018Q2

efc

Otheroperatingexpenses

2578000

USD

CY2018Q3

efc

Otheroperatingexpenses

2352000

USD

CY2018Q4

efc

Otheroperatingexpenses

4609000

USD

CY2018Q1

us-gaap

Operating Expenses

OperatingExpenses

18566000

USD

CY2018Q2

us-gaap

Operating Expenses

OperatingExpenses

22044000

USD

CY2018Q3

us-gaap

Operating Expenses

OperatingExpenses

24668000

USD

CY2018Q4

us-gaap

Operating Expenses

OperatingExpenses

26637000

USD

CY2018Q1

us-gaap

Operating Income Loss

OperatingIncomeLoss

10242000

USD

CY2018Q2

us-gaap

Operating Income Loss

OperatingIncomeLoss

10991000

USD

CY2018Q3

us-gaap

Operating Income Loss

OperatingIncomeLoss

11678000

USD

CY2018Q4

us-gaap

Operating Income Loss

OperatingIncomeLoss

10214000

USD

CY2018Q1

efc

Realizedgainorlossoninvestmentsfinancialderivativesandforeigncurrencytransactionsexcludes F Xoncash

RealizedgainorlossoninvestmentsfinancialderivativesandforeigncurrencytransactionsexcludesFXoncash

13051000

USD

CY2018Q2

efc

Realizedgainorlossoninvestmentsfinancialderivativesandforeigncurrencytransactionsexcludes F Xoncash

RealizedgainorlossoninvestmentsfinancialderivativesandforeigncurrencytransactionsexcludesFXoncash

-1343000

USD

CY2018Q3

efc

Realizedgainorlossoninvestmentsfinancialderivativesandforeigncurrencytransactionsexcludes F Xoncash

RealizedgainorlossoninvestmentsfinancialderivativesandforeigncurrencytransactionsexcludesFXoncash

10102000

USD

CY2018Q4

efc

Realizedgainorlossoninvestmentsfinancialderivativesandforeigncurrencytransactionsexcludes F Xoncash

RealizedgainorlossoninvestmentsfinancialderivativesandforeigncurrencytransactionsexcludesFXoncash

9578000

USD

CY2018Q1

efc

Total Net Unrealized Gain Loss On Investments Other Secured Borrowings Financial Derivativesand Foreign Currency Translationexcluding F Xoncash

TotalNetUnrealizedGainLossOnInvestmentsOtherSecuredBorrowingsFinancialDerivativesandForeignCurrencyTranslationexcludingFXoncash

-1969000

USD

CY2018Q2

efc

Total Net Unrealized Gain Loss On Investments Other Secured Borrowings Financial Derivativesand Foreign Currency Translationexcluding F Xoncash

TotalNetUnrealizedGainLossOnInvestmentsOtherSecuredBorrowingsFinancialDerivativesandForeignCurrencyTranslationexcludingFXoncash

12536000

USD

CY2018Q3

efc

Total Net Unrealized Gain Loss On Investments Other Secured Borrowings Financial Derivativesand Foreign Currency Translationexcluding F Xoncash

TotalNetUnrealizedGainLossOnInvestmentsOtherSecuredBorrowingsFinancialDerivativesandForeignCurrencyTranslationexcludingFXoncash

-14306000

USD

CY2018Q4

efc

Total Net Unrealized Gain Loss On Investments Other Secured Borrowings Financial Derivativesand Foreign Currency Translationexcluding F Xoncash

TotalNetUnrealizedGainLossOnInvestmentsOtherSecuredBorrowingsFinancialDerivativesandForeignCurrencyTranslationexcludingFXoncash

-20862000

USD

CY2018Q1

us-gaap

Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency

InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency

11082000

USD

CY2018Q2

us-gaap

Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency

InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency

11193000

USD

CY2018Q3

us-gaap

Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency

InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency

-4204000

USD

CY2018Q4

us-gaap

Investment Company Realized And Unrealized Gain Loss On Investment And Foreign Currency

InvestmentCompanyRealizedAndUnrealizedGainLossOnInvestmentAndForeignCurrency

-11284000

USD

CY2018Q1

us-gaap

Profit Loss

ProfitLoss

21324000

USD

CY2018Q2

us-gaap

Profit Loss

ProfitLoss

22184000

USD

CY2018Q3

us-gaap

Profit Loss

ProfitLoss

7474000

USD

CY2018Q4

us-gaap

Profit Loss

ProfitLoss

-1070000

USD

CY2018Q1

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

285000

USD

CY2018Q2

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

991000

USD

CY2018Q3

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

813000

USD

CY2018Q4

us-gaap

Net Income Loss Attributable To Noncontrolling Interest

NetIncomeLossAttributableToNoncontrollingInterest

1147000

USD

CY2018Q1

us-gaap

Net Income Loss

NetIncomeLoss

21039000

USD

CY2018Q2

us-gaap

Net Income Loss

NetIncomeLoss

21193000

USD

CY2018Q3

us-gaap

Net Income Loss

NetIncomeLoss

6661000

USD

CY2018Q4

us-gaap

Net Income Loss

NetIncomeLoss

-2217000

USD

CY2018Q1

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

0.67

CY2018Q2

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

0.69

CY2018Q3

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

0.22

CY2018Q4

us-gaap

Earnings Per Share Basic And Diluted

EarningsPerShareBasicAndDiluted

-0.07

CY2018Q1

efc

Management Fee Expense Rebates

ManagementFeeExpenseRebates

300000

USD

CY2018Q2

efc

Management Fee Expense Rebates

ManagementFeeExpenseRebates

300000

USD

CY2018Q3

efc

Management Fee Expense Rebates

ManagementFeeExpenseRebates

400000

USD

CY2018Q4

efc

Management Fee Expense Rebates

ManagementFeeExpenseRebates

400000

USD

CY2019Q1

us-gaap

Dividends Payable Amount Per Share

DividendsPayableAmountPerShare

0.41

CY2019Q1

us-gaap

Common Stock Par Or Stated Value Per Share

CommonStockParOrStatedValuePerShare

0.001

CY2019Q1

us-gaap

Dividends Payable Amount Per Share

DividendsPayableAmountPerShare

0.14

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$EFC
Ellington Financial Inc. Stock $efc

2021 Q1 Form 10-K Financial Statement

#000141134221000021 Filed on March 16, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EFC Ellington Financial Inc. Stock $efc

2021 Q1 Form 10-K Financial Statement

#000141134221000021 Filed on March 16, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EFC
Ellington Financial Inc. Stock $efc