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Investment in Loans - Reverse Mortgage Loans Summary (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2023
Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance $ 11,780,908 $ 11,609,077
Loans, at fair value [1],[2] $ 11,822,695 $ 11,626,008
Weighted Average    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Investment Interest Rate 3.92% 4.46%
Weighted average life 6 years 3 months 18 days 6 years 8 months 1 day
Corporate loan [Member]    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance $ 6,568 $ 4,132
Loans, at fair value $ 6,532 $ 4,086
Corporate loan [Member] | Weighted Average    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Investment Interest Rate 10.78% 5.47%
Weighted average life 1 year 10 months 13 days 2 years 8 months 26 days
Reverse mortgage loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance $ 8,177,890 $ 7,788,490
Loans, at fair value 8,471,061 8,097,237
Reverse mortgage loans | Reverse mortgage loans, held for investment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance 8,006,849 7,688,050
Loans, at fair value 8,286,009 7,993,635
Reverse mortgage loans | Reverse mortgage loans, held for investment | Securitized loans [Member]    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance 7,874,433 7,577,139
Loans, at fair value 8,153,164 7,873,964
Reverse mortgage loans | Reverse mortgage loans, held for investment | Unsecuritized loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance 132,416 110,911
Loans, at fair value 132,845 119,671
Reverse mortgage loans | Loans held-for-sale    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance 171,041 100,440
Loans, at fair value 185,052 $ 103,602
Reverse mortgage loans | Unpoolable HECM loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Unpaid Principal Balance 34,474  
Loans, at fair value $ 28,507  
Reverse mortgage loans | Weighted Average    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Investment Interest Rate 6.13% 5.87%
Weighted average life 5 years 4 months 2 days 5 years 2 months 4 days
Reverse mortgage loans | Weighted Average | Reverse mortgage loans, held for investment    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Investment Interest Rate 6.04% 5.81%
Weighted average life 5 years 25 days 5 years 7 days
Reverse mortgage loans | Weighted Average | Reverse mortgage loans, held for investment | Securitized loans [Member]    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Investment Interest Rate 6.02% 5.80%
Weighted average life 5 years 18 days 4 years 11 months 26 days
Reverse mortgage loans | Weighted Average | Reverse mortgage loans, held for investment | Unsecuritized loans    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Investment Interest Rate 6.84% 6.53%
Weighted average life 6 years 5 months 1 day 7 years 1 month 24 days
Reverse mortgage loans | Weighted Average | Loans held-for-sale    
Accounts, Notes, Loans and Financing Receivable [Line Items]    
Investment Interest Rate 10.38% 10.35%
Weighted average life 17 years 4 months 6 days 17 years 7 months 17 days
[1] Ellington Financial Inc.'s Condensed 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.
[2] Includes assets pledged as collateral to counterparties. See Note 13 for additional details on the Company's borrowings and related collateral.