v2.4.1.9

Financial Derivatives (Schedule Of Credit Derivatives) (Details) (USD $) In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013
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Credit Default Swap, Selling Protection [Member] |  |  |  |
Credit Derivatives [Line Items] |  |  |  |
Fair Value of Written Credit Derivatives, Net | $ 27,741 us-gaap_CreditRiskDerivativesAtFairValueNet / us-gaap_CreditDerivativesByContractTypeAxis = us-gaap_CreditDefaultSwapSellingProtectionMember |  | $ 1,421 us-gaap_CreditRiskDerivativesAtFairValueNet / us-gaap_CreditDerivativesByContractTypeAxis = us-gaap_CreditDefaultSwapSellingProtectionMember |
Notional value | (341,014)efc_DerivativeNotional / us-gaap_CreditDerivativesByContractTypeAxis = us-gaap_CreditDefaultSwapSellingProtectionMember | [1] | (120,497)efc_DerivativeNotional / us-gaap_CreditDerivativesByContractTypeAxis = us-gaap_CreditDefaultSwapSellingProtectionMember | [1]
Credit Default Swap, Buying Protection [Member] |  |  |  |
Credit Derivatives [Line Items] |  |  |  |
Fair Value of Written Credit Derivatives, Net | (3,287)us-gaap_CreditRiskDerivativesAtFairValueNet / us-gaap_CreditDerivativesByContractTypeAxis = us-gaap_CreditDefaultSwapBuyingProtectionMember | [2] | 57 us-gaap_CreditRiskDerivativesAtFairValueNet / us-gaap_CreditDerivativesByContractTypeAxis = us-gaap_CreditDefaultSwapBuyingProtectionMember | [2]
Notional value | $ 54,874 efc_DerivativeNotional / us-gaap_CreditDerivativesByContractTypeAxis = us-gaap_CreditDefaultSwapBuyingProtectionMember | [2] | $ 249 efc_DerivativeNotional / us-gaap_CreditDerivativesByContractTypeAxis = us-gaap_CreditDefaultSwapBuyingProtectionMember | [2]
[1] | The notional value is the maximum amount that a seller of credit protection would be obligated to pay, and a buyer of credit protection would receive upon occurrence of a "credit event." Movements in the value of credit default swap transactions may require the Company or the counterparty to post or receive collateral. Amounts due or owed under credit derivative contracts with an International Swaps and Derivatives Association, or "ISDA," counterparty may be offset against amounts due or owed on other credit derivative contracts with the same ISDA counterparty. As a result, the notional amount of written credit derivatives involving a particular underlying reference asset or index has been reduced (but not below zero) by the notional amount of any contracts where the Company has purchased credit protection on the same reference asset or index with the same ISDA counterparty.
[2] | Offsetting transactions with third parties include purchased credit derivatives which have the same reference obligation.

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- Definition Derivative notional amount + References No definition available. + Details
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Namespace Prefix: | efc_
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Period Type: | instant

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- Details
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Period Type: | duration

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- Definition Fair value of credit risk derivative asset after deduction of credit risk derivative liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13433-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4K -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5708775-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13495-108611 + Details
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Data Type: | xbrli:monetaryItemType
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- Details
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Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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- Details
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Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |