v3.19.3

Long-Term Incentive Plan Units (Tables)

9 Months Ended

Sep. 30, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Unvested LTIP Units

The below table details unvested OP LTIP Units as of September 30, 2019:

Grant Recipient		Number of OP LTIP Units Granted			Grant Date		Vesting Date(1)
Directors:
		14,552			September 11, 2019		September 10, 2020
Partially dedicated employees:
		8,692			December 11, 2018		December 11, 2019
		8,691			December 11, 2018		December 11, 2020
		5,886			December 12, 2017		December 12, 2019
Total unvested OP LTIP Units at September 30, 2019		37,821

(1) Date at which such OP LTIP Units will vest and become non-forfeitable.

The below table details unvested OP LTIP Units as of December 31, 2018:

Grant Recipient		Number of OP LTIP Units			Grant Date		Vesting Date(1)
Directors:
		14,440			September 12, 2018		September 11, 2019
Partially dedicated employees:
		8,692			December 11, 2018		December 11, 2019
		8,691			December 11, 2018		December 11, 2020
		1,723			March 7, 2018		March 7, 2019
		5,886			December 12, 2017		December 12, 2019
Total unvested OP LTIP Units at December 31, 2018		39,432

(1) Date at which such OP LTIP Units will vest and become non-forfeitable.

Roll-Forward of Company's LTIP Units Outstanding

The following table summarizes issuance and exercise activity of OP LTIP Units for the three- and nine-month periods ended September 30, 2019:

	Three-Month Period Ended September 30, 2019									Nine-Month Period Ended September 30, 2019
	Manager			Director/ Employee			Total			Manager			Director/ Employee			Total
OP LTIP Units Outstanding (6/30/2019 and 1/1/19, respectively)	375,000			146,371			521,371			375,000			146,371			521,371
Granted	—			14,552			14,552			—			14,552			14,552
Exercised	—			(3,610	)		(3,610	)		—			(3,610	)		(3,610	)
OP LTIP Units Outstanding (9/30/19)	375,000			157,313			532,313			375,000			157,313			532,313
OP LTIP Units Unvested and Outstanding (9/30/19)	—			37,821			37,821			—			37,821			37,821
OP LTIP Units Vested and Outstanding (9/30/19)	375,000			119,492			494,492			375,000			119,492			494,492

The following table summarizes issuance and exercise activity of LTIP Units for the three- and nine-month periods ended September 30, 2018:

	Three-Month Period Ended September 30, 2018									Nine-Month Period Ended September 30, 2018
	Manager			Director/ Employee			Total			Manager			Director/ Employee			Total
LTIP Units Outstanding (6/30/2018 and 12/31/2017, respectively)	375,000			117,882			492,882			375,000			116,159			491,159
Granted	—			14,440			14,440			—			16,163			16,163
Exercised	—			(3,334	)		(3,334	)		—			(3,334	)		(3,334	)
LTIP Units Outstanding (9/30/2018)	375,000			128,988			503,988			375,000			128,988			503,988
LTIP Units Vested and Outstanding (9/30/2018)	375,000			92,823			467,823			375,000			92,823			467,823

X

- Definition

Details of unvested LTIP units at the end of the period.

+ References

No definition available.

+ Details

Name:	efc_SharebasedCompensationArrangementbySharebasedPaymentAwardVestingPeriodofAwardsGrantedDuringPeriodTableTextBlock
Namespace Prefix:	efc_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5047-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901

+ Details

Name:	us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration