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Borrowings (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2022
USD ($)
counterparty
Rate
Dec. 31, 2021
USD ($)
counterparty
Borrowings [Line Items]      
Total secured borrowings   $ 12,200,000 $ 3,600,000
Financial Instruments transferred as collateral for repurchase agreements   3,200,000 2,800,000
Collateral on repurchase agreements, unsettled sales   $ 9,200 4,100
Repurchase Agreements amount at risk threshold   10.00%  
Other secured borrowings [1]   $ 276,058 96,622
Other secured borrowings, at fair value [1]   1,539,881 984,168
Senior notes, at fair value   $ 191,835 $ 0
Number of Counterparties with Outstanding Reverse Repurchase Agreements | counterparty   26 23
HMBS-related obligations, at fair value   $ 7,787,155 $ 0
Secured borrowing recourse facility collateralized by unsecured loan portfolio      
Borrowings [Line Items]      
Other secured borrowings     $ 2,700
Debt Instrument, Interest Rate, Effective Rate     2.10%
Secured borrowing facility collateralized by ABS backed by consumer loans [Member]      
Borrowings [Line Items]      
Other secured borrowings   37,800 $ 46,900
Fair Value of Assets Transfered and Accounted for as Secured Borrowings   $ 70,300 $ 67,500
Debt Instrument, Interest Rate, Effective Rate   8.68% 4.70%
Non-QM loan securitization      
Borrowings [Line Items]      
Other secured borrowings     $ 984,200
Debt Instrument, Interest Rate, Effective Rate   3.00% 1.68%
Commercial mortgage loans      
Borrowings [Line Items]      
Other secured borrowings     $ 7,500
Fair Value of Assets Transfered and Accounted for as Secured Borrowings     18,000
Loan Participations and Assignments      
Borrowings [Line Items]      
Other secured borrowings     1,000
Fair Value of Assets Transfered and Accounted for as Secured Borrowings     $ 1,100
Debt Instrument, Interest Rate, Effective Rate     3.17%
Secured borrowing facility collateralized by unsecured loan portfolio      
Borrowings [Line Items]      
Other secured borrowings     $ 38,500
Debt Instrument, Interest Rate, Effective Rate     2.25%
Warehouse facility A      
Borrowings [Line Items]      
Other secured borrowings   $ 59,640  
Fair Value of Assets Transfered and Accounted for as Secured Borrowings   $ 65,652  
Debt Instrument, Interest Rate, Effective Rate | Rate   8.43%  
Secured borrowing facility collateralized by HECM tail draws      
Borrowings [Line Items]      
Other secured borrowings   $ 22,600  
Fair Value of Assets Transfered and Accounted for as Secured Borrowings   $ 35,100  
Debt Instrument, Interest Rate, Effective Rate   8.00%  
Secured borrowing facility collateralized by MSRs      
Borrowings [Line Items]      
Other secured borrowings   $ 42,800  
Fair Value of Assets Transfered and Accounted for as Secured Borrowings   $ 95,600  
Debt Instrument, Interest Rate, Effective Rate   9.37%  
GNMA HMBS      
Borrowings [Line Items]      
Debt Instrument, Interest Rate, Effective Rate   5.23%  
HMBS-related obligations, at fair value   $ 7,800,000  
Minimum      
Borrowings [Line Items]      
Reverse Repurchase Agreements Maturity   30 days  
Repurchase agreements, remaining days to maturity 3 days 3 days  
Repurchase Agreements Interest Rate   0.63% 0.10%
Maximum      
Borrowings [Line Items]      
Reverse Repurchase Agreements Maturity   364 days  
Repurchase agreements, remaining days to maturity 638 days 263 days  
Repurchase Agreements Interest Rate   7.97% 3.75%
Reverse repurchase agreements      
Borrowings [Line Items]      
Cash collateral posted for securities sold under agreements to repurchase   $ 20,300 $ 70,300
Unsecured loans | Secured borrowing recourse facility collateralized by unsecured loan portfolio      
Borrowings [Line Items]      
Fair Value of Assets Transfered and Accounted for as Secured Borrowings     4,300
Unsecured loans | Secured borrowing facility collateralized by unsecured loan portfolio      
Borrowings [Line Items]      
Fair Value of Assets Transfered and Accounted for as Secured Borrowings     57,100
Securitized residential mortgage loans      
Borrowings [Line Items]      
Fair Value of Assets Transfered and Accounted for as Secured Borrowings   1,700,000 1,000,000
Corporate equity securities | Mortgage-related Commercial      
Borrowings [Line Items]      
Fair Value   68,500 $ 36,900
HECM loans | GNMA HMBS      
Borrowings [Line Items]      
Fair Value of Assets Transfered and Accounted for as Secured Borrowings   7,900,000  
5.50% Senior Notes | Senior Notes      
Borrowings [Line Items]      
Debt Instrument, Face Amount   $ 86,000  
Debt Instrument, Interest Rate, Stated Percentage   5.50%  
Debt Instrument, Maturity Date   Sep. 01, 2022  
Debt Instrument, Interest Rate, Effective Rate   5.80%  
5.875% Senior Notes | Senior Notes      
Borrowings [Line Items]      
Debt Instrument, Face Amount   $ 210,000  
Debt Instrument, Interest Rate, Stated Percentage   5.875%  
Redemption percentage   100.00%  
Debt Instrument, Maturity Date   Apr. 01, 2027  
[1] Ellington Financial Inc.'s Consolidated Balance Sheets include assets and liabilities of variable interest entities it has consolidated. See Note 11 for additional details on Ellington Financial Inc.'s consolidated variable interest entities.