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Securitization Transactions (Schedule of Assets and Liabilities Attributable to Consolidated VIEs) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Variable Interest Entity [Line Items]      
Fair Value     $ 2,939,311
Interest and Dividends Payable     7,159
Other secured borrowings, at fair value $ 754,921 [1] $ 594,396 [1] 297,948
Loans, at fair value [1],[2] 1,453,480 1,412,426  
Real estate owned [1],[2] 23,598 30,584  
Investment related receivables [1] 49,317 123,120  
Residential mortgage loans      
Variable Interest Entity [Line Items]      
Loans, at fair value 1,187,069 932,203  
Consolidated Entities [Member]      
Variable Interest Entity [Line Items]      
Fair Value     314,202
Interest and Dividends Receivable     3,527
Interest and Dividends Payable     103
Other secured borrowings, at fair value     $ 297,948
Consolidated Entities [Member] | Non-QM loan securitization      
Variable Interest Entity [Line Items]      
Other secured borrowings, at fair value 754,921 594,396  
Investment related receivables 15,544 10,409  
Consolidated Entities [Member] | Residential mortgage loans | Securitized loans [Member] | Non-QM loan securitization      
Variable Interest Entity [Line Items]      
Loans, at fair value 801,343 628,415  
Real estate owned $ 0 $ 658  
[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.
[2] Includes assets pledged as collateral to counterparties. See Note 11 for additional details on the Company's borrowings and related collateral.