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Borrowings (Details)
$ in Thousands
12 Months Ended
Feb. 13, 2019
USD ($)
Aug. 18, 2017
USD ($)
Dec. 31, 2019
USD ($)
counterparty
Dec. 31, 2018
USD ($)
counterparty
Borrowings [Line Items]        
Total secured borrowings     $ 3,200,000 $ 1,911,000
Concentration Risk, Reverse Repurchase Agreements       21.00%
Number of Counterparties With Concentration Risk, Reverse Repurchase Agreements | counterparty       1
Number of Counterparties with Outstanding Reverse Repurchase Agreements | counterparty     28 23
Financial Instruments transferred as collateral for repurchase agreements     $ 2,763,000 $ 1,790,000
Financial Instruments transferred as collateral for repurchase agreements, Unsettled     $ 64,700 $ 86,700
Repurchase Agreements amount at risk threshold     10.00% 10.00%
Other secured borrowings     $ 150,334 [1] $ 114,100
Minimum        
Borrowings [Line Items]        
Reverse Repurchase Agreements Maturity     30 days 30 days
Repurchase agreements, remaining days to maturity     2 days 2 days
Repurchase Agreements Interest Rate     0.15% 0.23%
Maximum        
Borrowings [Line Items]        
Reverse Repurchase Agreements Maturity     180 days 180 days
Repurchase agreements, remaining days to maturity     882 days 871 days
Repurchase Agreements Interest Rate     5.20% 6.07%
Reverse repurchase agreements        
Borrowings [Line Items]        
Cash collateral posted for securities sold under agreements to repurchase     $ 31,000 $ 17,000
Security Owned and Pledged as Collateral, Fair Value     200 200
Securitized residential mortgage loans        
Borrowings [Line Items]        
Fair Value of Assets Transfered and Accounted for as Secured Borrowings     629,100 314,200
Secured borrowing recourse facility collateralized by unsecured loan portfolio        
Borrowings [Line Items]        
Other secured borrowings     $ 16,000 $ 13,200
Debt Instrument, Interest Rate, Effective Rate     3.85%  
Debt Instrument, Interest Rate, Stated Percentage       4.72%
Secured borrowing recourse facility collateralized by unsecured loan portfolio | Unsecured loans        
Borrowings [Line Items]        
Fair Value of Assets Transfered and Accounted for as Secured Borrowings     $ 22,300 $ 20,300
Non-QM loan securitization        
Borrowings [Line Items]        
Other secured borrowings     $ 594,400 $ 297,900
Debt Instrument, Interest Rate, Effective Rate     3.19%  
Debt Instrument, Interest Rate, Stated Percentage       3.72%
Secured borrowing facility collateralized by unsecured loan portfolio        
Borrowings [Line Items]        
Other secured borrowings     $ 102,500 $ 101,000
Debt Instrument, Interest Rate, Effective Rate     4.01%  
Debt Instrument, Interest Rate, Stated Percentage       4.68%
Secured borrowing facility collateralized by unsecured loan portfolio | Unsecured loans        
Borrowings [Line Items]        
Fair Value of Assets Transfered and Accounted for as Secured Borrowings     $ 144,100 $ 149,000
Secured borrowing facility collateralized by ABS backed by consumer loans [Member]        
Borrowings [Line Items]        
Other secured borrowings     $ 31,800  
Debt Instrument, Interest Rate, Effective Rate     5.23%  
Fair Value of Assets Transfered and Accounted for as Secured Borrowings     $ 47,900  
Senior Notes        
Borrowings [Line Items]        
Debt Instrument, Interest Rate, Effective Rate     5.80%  
Debt Instrument, Face Amount $ 86,000 $ 86,000    
Proceeds from Debt, Net of Issuance Costs   $ 84,700    
Debt Instrument, Interest Rate, Stated Percentage 5.50% 5.25%   5.55%
Redemption percentage 100.00% 100.00%    
Debt Instrument, Maturity Date   Sep. 01, 2022    
[1]
Ellington Financial Inc.'s Consolidated Balance Sheet includes assets and liabilities of variable interest entities it has consolidated. See Note 9 for additional details on Ellington Financial Inc.'s consolidated variable interest entities.