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Financial Highlights (Net Asset Value Based Total Return For A Shareholder) (Details)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Financial Highlights [Abstract]      
Total Return 8.77%efc_NetAssetBasedTotalReturnAfterIncentiveFee [1] 14.19%efc_NetAssetBasedTotalReturnAfterIncentiveFee [1] 22.16%efc_NetAssetBasedTotalReturnAfterIncentiveFee [1]
[1] Total return is calculated assuming reinvestment of distributions at shareholders' equity per share during the period.