XML 33 R9.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statement Of Changes In Equity (USD $)
In Thousands, unless otherwise specified
Total
Parent [Member]
Noncontrolling Interest [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Dec. 31, 2013 $ 626,049us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest    
Stockholders' Equity Attributable to Noncontrolling Interest at Dec. 31, 2013     5,648us-gaap_MinorityInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Stockholders' Equity Attributable to Parent at Dec. 31, 2013   620,401us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
 
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS      
Net investment income [1] 14,081us-gaap_OperatingIncomeLoss    
Net realized gain (loss) on investments, financial derivatives, and foreign currency transactions [1] 11,408us-gaap_RealizedInvestmentGainsLosses    
Change in net unrealized gain (loss) on investments, financial derivatives, and foreign currency translation [1] (2,651)efc_TotalNetUnrealizedGainLossOnInvestmentsFinancialDerivativesandForeignCurrencyTranslation    
Net Income (Loss) Attributable to Parent 22,635us-gaap_NetIncomeLoss [1] 22,635us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
 
Net Income (Loss) Attributable to Noncontrolling Interest 203us-gaap_NetIncomeLossAttributableToNoncontrollingInterest [1]   203us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [1] 22,838us-gaap_ProfitLoss    
CHANGE IN EQUITY RESULTING FROM TRANSACTIONS      
Shares issued in connection with incentive fee payment 309efc_SharesIssuedAsPaymentOfIncentiveFee 309efc_SharesIssuedAsPaymentOfIncentiveFee
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
 
Contributions from non-controlling interests 1,001us-gaap_NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest   1,001us-gaap_NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Dividends [2] (20,070)us-gaap_Dividends [3] (19,907)us-gaap_Dividends
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
(163)us-gaap_Dividends
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Distributions to non-controlling interest (114)us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders   (114)us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Adjustment to non-controlling interest 0efc_Adjustmentstononcontrollinginterests (497)efc_Adjustmentstononcontrollinginterests
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
497efc_Adjustmentstononcontrollinginterests
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Share-based LTIP awards 63us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue 62us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
1us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Net increase (decrease) in equity from transactions (18,811)efc_NetIncreaseDecreaseInEquityFromTransactions (20,033)efc_NetIncreaseDecreaseInEquityFromTransactions
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
1,222efc_NetIncreaseDecreaseInEquityFromTransactions
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Net increase (decrease) in equity 4,027us-gaap_StockholdersEquityPeriodIncreaseDecrease 2,602us-gaap_StockholdersEquityPeriodIncreaseDecrease
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
1,425us-gaap_StockholdersEquityPeriodIncreaseDecrease
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Mar. 31, 2014 630,076us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest    
Stockholders' Equity Attributable to Noncontrolling Interest at Mar. 31, 2014     7,073us-gaap_MinorityInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Stockholders' Equity Attributable to Parent at Mar. 31, 2014   623,003us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
 
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Dec. 31, 2014 788,544us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest    
Stockholders' Equity Attributable to Noncontrolling Interest at Dec. 31, 2014 6,389us-gaap_MinorityInterest   6,389us-gaap_MinorityInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Stockholders' Equity Attributable to Parent at Dec. 31, 2014 782,155us-gaap_StockholdersEquity 782,155us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
 
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS      
Net investment income 17,467us-gaap_OperatingIncomeLoss    
Net realized gain (loss) on investments, financial derivatives, and foreign currency transactions 10,429us-gaap_RealizedInvestmentGainsLosses    
Change in net unrealized gain (loss) on investments, financial derivatives, and foreign currency translation (8,479)efc_TotalNetUnrealizedGainLossOnInvestmentsFinancialDerivativesandForeignCurrencyTranslation    
Net Income (Loss) Attributable to Parent 19,261us-gaap_NetIncomeLoss 19,261us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
 
Net Income (Loss) Attributable to Noncontrolling Interest 156us-gaap_NetIncomeLossAttributableToNoncontrollingInterest   156us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 19,417us-gaap_ProfitLoss    
CHANGE IN EQUITY RESULTING FROM TRANSACTIONS      
Shares issued in connection with incentive fee payment 0efc_SharesIssuedAsPaymentOfIncentiveFee 0efc_SharesIssuedAsPaymentOfIncentiveFee
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
 
Contributions from non-controlling interests 500us-gaap_NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest   500us-gaap_NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Dividends [2] (22,159)us-gaap_Dividends [3] (22,022)us-gaap_Dividends
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
(137)us-gaap_Dividends
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Distributions to non-controlling interest (976)us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders   (976)us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Adjustment to non-controlling interest 0efc_Adjustmentstononcontrollinginterests 0efc_Adjustmentstononcontrollinginterests
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
0efc_Adjustmentstononcontrollinginterests
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Share-based LTIP awards 98us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue 97us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
1us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Net increase (decrease) in equity from transactions (22,537)efc_NetIncreaseDecreaseInEquityFromTransactions (21,925)efc_NetIncreaseDecreaseInEquityFromTransactions
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
(612)efc_NetIncreaseDecreaseInEquityFromTransactions
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Net increase (decrease) in equity (3,120)us-gaap_StockholdersEquityPeriodIncreaseDecrease (2,664)us-gaap_StockholdersEquityPeriodIncreaseDecrease
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
(456)us-gaap_StockholdersEquityPeriodIncreaseDecrease
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Mar. 31, 2015 785,424us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest    
Stockholders' Equity Attributable to Noncontrolling Interest at Mar. 31, 2015 5,933us-gaap_MinorityInterest   5,933us-gaap_MinorityInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Stockholders' Equity Attributable to Parent at Mar. 31, 2015 $ 779,491us-gaap_StockholdersEquity $ 779,491us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_ParentMember
 
[1] Conformed to current period presentation.
[2] For the three month periods ended March 31, 2015 and 2014, dividends totaling $0.65 and $0.77, respectively, per common share and convertible unit outstanding, were declared and paid.
[3] The Company pays quarterly dividends in arrears, so a portion of the dividends paid in each calendar year relate to the prior year's earnings.