v3.8.0.1

Valuation (Fair Value Measurement Using Significant Unobservable Inputs) (Details) - Level 3 [Member] - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | $ 537,345 |  | $ 519,124 | $ 523,837 |  | $ 493,541
Assets, Accreted Discounts/Amortized Premiums | (4,033) |  | (4,129) | (19,509) |  | (12,918)
Assets, Realized Gain (Loss) | 2,218 |  | 1,217 | 5,235 |  | 5,730
Assets, Change In Net Unrealized Gain/(Loss) | (2,769) |  | 8,012 | 14,056 |  | (1,860)
Assets, Purchases | 94,748 |  | 199,211 | 438,608 |  | 420,365
Assets, Sales | (72,962) |  | (234,819) | (355,023) |  | (418,307)
Assets, Transfers into Level 3 | 7,692 |  | 1,517 | 15,043 |  | 8,360
Assets, Transfers out of Level 3 | (16,497) |  | (13,815) | (76,505) |  | (18,593)
Assets, Ending Balance | 545,742 |  | 476,318 | 545,742 |  | 476,318
Liabilities, Begining Balance |  |  | (11,509) |  |  | (6,159)
Liabilities, Accreted Discounts/Amortized Premiums |  |  | 0 |  |  | (8)
Liabilities, Realized Gain/(Loss) |  |  | (2,247) |  |  | (6,160)
Liabilities, Change In Net Unrealized Gain/(Loss) |  |  | (119) |  |  | 3,508
Liabilities Purchases/Payments |  |  | 22,911 |  |  | 38,853
Liabilities, Sales/Issuance |  |  | (49,858) |  |  | (70,856)
Liabilities, Transfers into Level 3 |  |  | 0 |  |  | 0
Liabilities, Transfers out of Level 3 |  |  | 0 |  |  | 0
Liabilities, Ending Balance |  |  | (40,822) |  |  | (40,822)
Guarantees [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Liabilities, Begining Balance |  |  | (312) |  |  | (828)
Liabilities, Accreted Discounts/Amortized Premiums |  |  | 0 |  |  | 0
Liabilities, Realized Gain/(Loss) |  |  | 0 |  |  | 0
Liabilities, Change In Net Unrealized Gain/(Loss) |  |  | 162 |  |  | 678
Liabilities, Payments |  |  | 0 |  |  | 0
Liabilities, Issuances |  |  | 0 |  |  | 0
Liabilities, Transfers into Level 3 |  |  | 0 |  |  | 0
Liabilities, Transfers out of Level 3 |  |  | 0 |  |  | 0
Liabilities, Ending Balance |  |  | (150) |  |  | (150)
Unrealized Gain Loss On Guarantees Level 3 Held At End Of Period |  |  | 200 |  |  | 700
Investments [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 532,238 |  | 512,132 | 518,250 |  | 486,974
Assets, Accreted Discounts/Amortized Premiums | (4,033) |  | (4,129) | (19,509) |  | (12,918)
Assets, Realized Gain (Loss) | 1,594 |  | (2,609) | 4,121 |  | 1,593
Assets, Change In Net Unrealized Gain/(Loss) | (2,192) |  | 8,861 | 15,013 |  | (1,495)
Assets, Purchases | 94,721 |  | 190,706 | 438,513 |  | 411,425
Assets, Sales | (72,311) |  | (229,984) | (353,714) |  | (412,667)
Assets, Transfers into Level 3 | 7,692 |  | 1,517 | 15,043 |  | 8,360
Assets, Transfers out of Level 3 | (16,497) |  | (13,815) | (76,505) |  | (18,593)
Assets, Ending Balance | 541,212 |  | 462,679 | 541,212 |  | 462,679
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) | (2,900) |  | 600 | 2,800 |  | (10,400)
Investments [Member] | Agency residential mortgage-backed securities [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 4,896 |  | 20,506 | 29,622 |  | 24,918
Assets, Accreted Discounts/Amortized Premiums | (377) |  | (1,821) | (7,233) |  | (5,766)
Assets, Realized Gain (Loss) | (78) |  | (77) | (515) |  | (168)
Assets, Change In Net Unrealized Gain/(Loss) | 0 |  | (169) | (140) |  | (849)
Assets, Purchases | 1,649 |  | 1,385 | 3,962 |  | 1,689
Assets, Sales | (28) |  | 0 | (153) |  | 0
Assets, Transfers into Level 3 | 772 |  | 0 | 0 |  | 0
Assets, Transfers out of Level 3 | (1,015) |  | 0 | (19,724) |  | 0
Assets, Ending Balance | 5,819 |  | 19,824 | 5,819 |  | 19,824
Investments [Member] | Private Label Residential Mortgage-Backed Securities [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 79,123 |  | 112,511 | 90,083 |  | 116,435
Assets, Accreted Discounts/Amortized Premiums | 261 |  | 256 | 1,672 |  | 1,518
Assets, Realized Gain (Loss) | 1,018 |  | (958) | 1,334 |  | (1,305)
Assets, Change In Net Unrealized Gain/(Loss) | 409 |  | 6,086 | 7,319 |  | 2,995
Assets, Purchases | 3,040 |  | 0 | 31,117 |  | 7,439
Assets, Sales | (9,116) |  | (23,652) | (37,278) |  | (34,904)
Assets, Transfers into Level 3 | 5,207 |  | 1,517 | 15,043 |  | 8,360
Assets, Transfers out of Level 3 | (6,294) |  | (13,815) | (35,642) |  | (18,593)
Assets, Ending Balance | 73,648 |  | 81,945 | 73,648 |  | 81,945
Investments [Member] | Private Label Commercial Mortgage-Backed Securities [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 13,809 |  | 34,942 | 43,268 |  | 34,145
Assets, Accreted Discounts/Amortized Premiums | (144) |  | 429 | 574 |  | 1,315
Assets, Realized Gain (Loss) | (752) |  | 87 | (3,434) |  | 409
Assets, Change In Net Unrealized Gain/(Loss) | 934 |  | (292) | 7,873 |  | (4,132)
Assets, Purchases | 2,100 |  | 5,335 | 2,120 |  | 13,179
Assets, Sales | (5,718) |  | (3,556) | (31,542) |  | (7,971)
Assets, Transfers into Level 3 | 1,713 |  | 0 | 0 |  | 0
Assets, Transfers out of Level 3 | (310) |  | 0 | (7,227) |  | 0
Assets, Ending Balance | 11,632 |  | 36,945 | 11,632 |  | 36,945
Investments [Member] | Commercial Mortgage Loans [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 65,896 |  | 49,466 | 61,129 |  | 66,399
Assets, Accreted Discounts/Amortized Premiums | 140 |  | 801 | 771 |  | 2,073
Assets, Realized Gain (Loss) | 0 |  | 72 | 416 |  | 254
Assets, Change In Net Unrealized Gain/(Loss) | 17 |  | (1,140) | 1,167 |  | (917)
Assets, Purchases | 4,342 |  | 13,226 | 31,887 |  | 26,650
Assets, Sales | (2,500) |  | (5,456) | (27,475) |  | (37,490)
Assets, Transfers into Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Transfers out of Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Ending Balance | 67,895 |  | 56,969 | 67,895 |  | 56,969
Investments [Member] | Residential Mortgage Loans [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 136,097 |  | 46,649 | 84,290 |  | 22,089
Assets, Accreted Discounts/Amortized Premiums | (874) |  | 67 | (196) |  | 315
Assets, Realized Gain (Loss) | 388 |  | (78) | 1,469 |  | 787
Assets, Change In Net Unrealized Gain/(Loss) | (1,013) |  | (66) | (1,090) |  | 61
Assets, Purchases | 37,170 |  | 24,002 | 108,356 |  | 56,068
Assets, Sales | (8,805) |  | (26,499) | (29,866) |  | (35,245)
Assets, Transfers into Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Transfers out of Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Ending Balance | 162,963 |  | 44,075 | 162,963 |  | 44,075
Investments [Member] | Collateralized Loan Obligations [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 42,536 |  | 33,109 | 44,956 |  | 45,974
Assets, Accreted Discounts/Amortized Premiums | 346 |  | (890) | (5,702) |  | (3,759)
Assets, Realized Gain (Loss) | 61 |  | (703) | 1,477 |  | 98
Assets, Change In Net Unrealized Gain/(Loss) | (839) |  | 2,844 | 2,135 |  | 3,261
Assets, Purchases | 7,108 |  | 4,241 | 52,269 |  | 5,418
Assets, Sales | (13,416) |  | (10,198) | (54,305) |  | (22,589)
Assets, Transfers into Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Transfers out of Level 3 | (8,878) |  | 0 | (13,912) |  | 0
Assets, Ending Balance | 26,918 |  | 28,403 | 26,918 |  | 28,403
Investments [Member] | Consumer loans and asset-backed securities backed by consumer loans [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 108,671 |  | 154,395 | 107,157 | [1] | 115,376
Assets, Accreted Discounts/Amortized Premiums | (3,366) |  | (2,919) | (9,631) | [1] | (8,515)
Assets, Realized Gain (Loss) | 500 |  | 204 | 426 | [1] | 210
Assets, Change In Net Unrealized Gain/(Loss) | (528) |  | (2,290) | (247) | [1] | (2,839)
Assets, Purchases | 33,125 |  | 51,775 | 83,138 | [1] | 140,731
Assets, Sales | (22,062) |  | (82,066) | (64,503) | [1] | (125,864)
Assets, Transfers into Level 3 | 0 |  | 0 | 0 | [1] | 0
Assets, Transfers out of Level 3 | 0 |  | 0 | 0 | [1] | 0
Assets, Ending Balance | 116,340 | [1] | 119,099 | 116,340 | [1] | 119,099
Investments [Member] | Corporate Debt [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 20,535 |  | 36,974 | 25,004 |  | 27,028
Assets, Accreted Discounts/Amortized Premiums | (19) |  | (52) | 236 |  | (99)
Assets, Realized Gain (Loss) | 128 |  | (1,942) | 676 |  | (1,687)
Assets, Change In Net Unrealized Gain/(Loss) | (415) |  | 3,753 | (229) |  | 1,652
Assets, Purchases | 409 |  | 83,700 | 83,900 |  | 136,020
Assets, Sales | (7,730) |  | (66,116) | (96,679) |  | (106,597)
Assets, Transfers into Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Transfers out of Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Ending Balance | 12,908 |  | 56,317 | 12,908 |  | 56,317
Investments [Member] | Real Estate Owned [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 24,977 |  | 4,162 | 3,349 |  | 12,522
Assets, Accreted Discounts/Amortized Premiums | 0 |  | 0 | 0 |  | 0
Assets, Realized Gain (Loss) | 0 |  | 53 | 424 |  | 2,291
Assets, Change In Net Unrealized Gain/(Loss) | 49 |  | (214) | (246) |  | (545)
Assets, Purchases | 1,137 |  | 1,942 | 25,348 |  | 12,614
Assets, Sales | (401) |  | (2,359) | (3,113) |  | (23,298)
Assets, Transfers into Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Transfers out of Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Ending Balance | 25,762 |  | 3,584 | 25,762 |  | 3,584
Investments [Member] | Corporate Equity Investments [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 35,698 |  | 19,418 | 29,392 | [1] | 22,088
Assets, Accreted Discounts/Amortized Premiums | 0 |  | 0 | 0 | [1] | 0
Assets, Realized Gain (Loss) | 329 |  | 733 | 1,848 | [1] | 704
Assets, Change In Net Unrealized Gain/(Loss) | (806) |  | 349 | (1,529) | [1] | (182)
Assets, Purchases | 4,641 |  | 5,100 | 16,416 | [1] | 11,617
Assets, Sales | (2,535) |  | (10,082) | (8,800) | [1] | (18,709)
Assets, Transfers into Level 3 | 0 |  | 0 | 0 | [1] | 0
Assets, Transfers out of Level 3 | 0 |  | 0 | 0 | [1] | 0
Assets, Ending Balance | 37,327 | [1] | 15,518 | 37,327 | [1] | 15,518
Investments Sold Short [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Liabilities, Begining Balance |  |  | (9,947) |  |  | (448)
Liabilities, Accreted Discounts/Amortized Premiums |  |  | 0 |  |  | (8)
Liabilities, Realized Gain/(Loss) |  |  | (122) |  |  | 409
Liabilities, Change In Net Unrealized Gain/(Loss) |  |  | (7) |  |  | (566)
Liabilities, Purchases |  |  | 20,974 |  |  | 32,230
Liabilities, Sales |  |  | (50,085) |  |  | (70,804)
Liabilities, Transfers into Level 3 |  |  | 0 |  |  | 0
Liabilities, Transfers out of Level 3 |  |  | 0 |  |  | 0
Liabilities, Ending Balance |  |  | (39,187) |  |  | (39,187)
Unrealized Gain (Loss) On Investments Sold Short, Level 3, Held At End Of Period |  |  | (30) |  |  | (300)
Investments Sold Short [Member] | Corporate Debt Sold Short [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Liabilities, Begining Balance |  |  | (9,947) |  |  | (448)
Liabilities, Accreted Discounts/Amortized Premiums |  |  | 0 |  |  | (8)
Liabilities, Realized Gain/(Loss) |  |  | (122) |  |  | 409
Liabilities, Change In Net Unrealized Gain/(Loss) |  |  | (7) |  |  | (566)
Liabilities, Purchases |  |  | 20,974 |  |  | 32,230
Liabilities, Sales |  |  | (50,085) |  |  | (70,804)
Liabilities, Transfers into Level 3 |  |  | 0 |  |  | 0
Liabilities, Transfers out of Level 3 |  |  | 0 |  |  | 0
Liabilities, Ending Balance |  |  | (39,187) |  |  | (39,187)
Financial Derivatives - Assets [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 5,107 |  | 6,992 | 5,587 |  | 6,567
Assets, Accreted Discounts/Amortized Premiums | 0 |  | 0 | 0 |  | 0
Assets, Realized Gain (Loss) | 624 |  | 3,826 | 1,114 |  | 4,137
Assets, Change In Net Unrealized Gain/(Loss) | (577) |  | (849) | (957) |  | (365)
Assets, Purchases | 27 |  | 8,505 | 95 |  | 8,940
Assets, Sales | (651) |  | (4,835) | (1,309) |  | (5,640)
Assets, Transfers into Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Transfers out of Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Ending Balance | 4,530 |  | 13,639 | 4,530 |  | 13,639
Fair Value, Assets Measured on Recurring Basis, Change in Unrealized Gain (Loss) | (600) |  | 400 | (800) |  | (300)
Financial Derivatives - Assets [Member] | Total Return Swaps [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 0 |  | 824 | 155 |  | 85
Assets, Accreted Discounts/Amortized Premiums | 0 |  | 0 | 0 |  | 0
Assets, Realized Gain (Loss) | 21 |  | 3,222 | 243 |  | 3,119
Assets, Change In Net Unrealized Gain/(Loss) | 0 |  | (628) | (155) |  | 111
Assets, Purchases | 0 |  | 954 | 0 |  | 1,377
Assets, Sales | (21) |  | (4,176) | (243) |  | (4,496)
Assets, Transfers into Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Transfers out of Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Ending Balance | 0 |  | 196 | 0 |  | 196
Financial Derivatives - Assets [Member] | Warrant [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance |  |  | 100 | 106 |  | 150
Assets, Accreted Discounts/Amortized Premiums |  |  | 0 | 0 |  | 0
Assets, Realized Gain (Loss) |  |  | 0 | (100) |  | (50)
Assets, Change In Net Unrealized Gain/(Loss) |  |  | 0 | (6) |  | 0
Assets, Purchases |  |  | 7,486 | 0 |  | 7,486
Assets, Sales |  |  | 0 | 0 |  | 0
Assets, Transfers into Level 3 |  |  | 0 | 0 |  | 0
Assets, Transfers out of Level 3 |  |  | 0 | 0 |  | 0
Assets, Ending Balance | 0 |  | 7,586 | 0 |  | 7,586
Financial Derivatives - Assets [Member] | Credit Default Swaps On Asset Backed Securities [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Assets, Beginning Balance | 5,107 |  | 6,068 | 5,326 |  | 6,332
Assets, Accreted Discounts/Amortized Premiums | 0 |  | 0 | 0 |  | 0
Assets, Realized Gain (Loss) | 603 |  | 604 | 971 |  | 1,068
Assets, Change In Net Unrealized Gain/(Loss) | (577) |  | (221) | (796) |  | (476)
Assets, Purchases | 27 |  | 65 | 95 |  | 77
Assets, Sales | (630) |  | (659) | (1,066) |  | (1,144)
Assets, Transfers into Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Transfers out of Level 3 | 0 |  | 0 | 0 |  | 0
Assets, Ending Balance | 4,530 |  | 5,857 | 4,530 |  | 5,857
Financial Derivatives - Liabilities [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Liabilities, Begining Balance | (207) |  | (1,250) | (505) |  | (4,883)
Liabilities, Accreted Discounts/Amortized Premiums | 0 |  | 0 | 0 |  | 0
Liabilities, Realized Gain/(Loss) | (7) |  | (2,125) | (764) |  | (6,569)
Liabilities, Change In Net Unrealized Gain/(Loss) | 0 |  | (274) | 726 |  | 3,396
Liabilities, Purchases | 7 |  | 1,937 | 776 |  | 6,623
Liabilities, Sales | 0 |  | 227 | (440) |  | (52)
Liabilities, Transfers into Level 3 | 0 |  | 0 | 0 |  | 0
Liabilities, Transfers out of Level 3 | 0 |  | 0 | 0 |  | 0
Liabilities, Ending Balance | (207) |  | (1,485) | (207) |  | (1,485)
Fair Value, Liabilities Measured on Recurring Basis, Change in Unrealized Gain (Loss) |  |  | (1,100) | 50 |  | (1,200)
Financial Derivatives - Liabilities [Member] | Total Return Swaps [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Liabilities, Begining Balance | 0 |  | (1,016) | (249) |  | (4,662)
Liabilities, Accreted Discounts/Amortized Premiums | 0 |  | 0 | 0 |  | 0
Liabilities, Realized Gain/(Loss) | 13 |  | (2,143) | (279) |  | (6,508)
Liabilities, Change In Net Unrealized Gain/(Loss) | 0 |  | (207) | 249 |  | 3,438
Liabilities, Purchases | (13) |  | 1,890 | 291 |  | 6,576
Liabilities, Sales | 0 |  | 253 | (12) |  | (67)
Liabilities, Transfers into Level 3 | 0 |  | 0 | 0 |  | 0
Liabilities, Transfers out of Level 3 | 0 |  | 0 | 0 |  | 0
Liabilities, Ending Balance | 0 |  | (1,223) | 0 |  | (1,223)
Financial Derivatives - Liabilities [Member] | Credit Default Swaps On Asset Backed Securities [Member] |  |  |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |  |  |
Liabilities, Begining Balance | (207) |  | (234) | (256) |  | (221)
Liabilities, Accreted Discounts/Amortized Premiums | 0 |  | 0 | 0 |  | 0
Liabilities, Realized Gain/(Loss) | (20) |  | 18 | (485) |  | (61)
Liabilities, Change In Net Unrealized Gain/(Loss) | 0 |  | (67) | 477 |  | (42)
Liabilities, Purchases | 20 |  | 47 | 485 |  | 47
Liabilities, Sales | 0 |  | (26) | (428) |  | 15
Liabilities, Transfers into Level 3 | 0 |  | 0 | 0 |  | 0
Liabilities, Transfers out of Level 3 | 0 |  | 0 | 0 |  | 0
Liabilities, Ending Balance | $ (207) |  | $ (262) | $ (207) |  | $ (262)
[1] | Conformed to current period presentation.

X
- Definition The amount of accreted discounts and amortization of premiums related to investments in debt securities classified as Level 3 securities within the fair value heirarchy. + References No definition available. + Details
Name: | efc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretedDiscountsAmortizedPremiums
Namespace Prefix: | efc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Realized gain/loss on investment/derivatives classed as Level 3 within the fair value heirarchy. + References No definition available. + Details
Name: | efc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLoss
Namespace Prefix: | efc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Change in unrealized gain/loss on investment/derivatives classed as Level 3 within the fair value heirarchy. + References No definition available. + Details
Name: | efc_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetsChangeInNetUnrealizedGainLoss
Namespace Prefix: | efc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Fair Value, Measurement With Unobservable Inputs Reconciliations, Recurring Basis, Liability, Accreted Discounts/Amortized Premiums + References No definition available. + Details
Name: | efc_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityAccretedDiscountsAmortizedPremiums
Namespace Prefix: | efc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Fair Value, Measurement With Unobservable Inputs Reconciliations, Recurring Basis, Liability, Change In Net Unrealized Gain/(Loss) + References No definition available. + Details
Name: | efc_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityChangeInNetUnrealizedGainLoss
Namespace Prefix: | efc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Fair Value, Measurement With Unobservable Inputs Reconciliations, Recurring Basis, Liability, Realized Gain/(Loss) + References No definition available. + Details
Name: | efc_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityRealizedGainLoss
Namespace Prefix: | efc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Sales and issues that have taken place during the period in relation to liabilities measured at fair value and categorized within Level 3 of the fair value hierarchy. + References No definition available. + Details
Name: | efc_FairValueMeasurmentWithUnobservableInputsReconciliationRecurringBasisLiabilitySalesAndIssues
Namespace Prefix: | efc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Settlements and purchases that have taken place during the period in relation to liabilities measured at fair value and categorized within Level 3 of the fair value hierarchy. + References No definition available. + Details
Name: | efc_FairValueMeasurmentWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlementsAndPurchases
Namespace Prefix: | efc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Unrealized Gain Loss On Guarantees Level 3 Held At End Of Period + References No definition available. + Details
Name: | efc_UnrealizedGainLossOnGuaranteesLevel3HeldAtEndOfPeriod
Namespace Prefix: | efc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Unrealized Gain (Loss) On Investments Sold Short, Level 3, Held At End Of Period + References No definition available. + Details
Name: | efc_UnrealizedGainLossOnInvestmentsSoldShortLevel3HeldAtEndOfPeriod
Namespace Prefix: | efc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of unrealized (holding) gain (loss) which is included in the statement of income (or changes in net assets) related to those assets still held at the reporting date for which fair value is measured on a recurring basis using significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of unrealized (holding) gain (loss) which is included in the statement of income (or changes in net assets) related to those liabilities still held at the reporting date for which fair value is measured on a recurring basis using significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of transfers of financial instrument classified as a liability into level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of transfers of financial instrument classified as a liability out of level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of purchases of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of sale of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of transfer of financial instrument classified as an asset into level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of transfers of financial instrument classified as an asset out of level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of issuances of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of purchases of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of sales of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of settlements of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByLiabilityClassAxis=us-gaap_GuaranteesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_InvestmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CommercialMortgageBackedSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=efc_CommercialMortgageLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_ResidentialMortgageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CollateralizedLoanObligationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=efc_ConsumerloansandassetbackedsecuritiesbackedbyconsumerloansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=efc_CorporateDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_WhollyOwnedPropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_EquitySecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_SecuritiesSoldNotYetPurchasedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=efc_CorporateDebtSoldShortMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_DerivativeFinancialInstrumentsAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_TotalReturnSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_WarrantMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=efc_CreditDefaultSwapsOnAssetBackedSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |