v3.20.1

Investment in Loans (Schedule of Residential Mortgage Loans) (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2020 | Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Unpaid Principal Balance |  | $ 1,441,017 | $ 1,387,733
Unamortized Premium (Discount) |  | (174,092) | (150,821)
Fair Value | [1] | $ 1,443,589 | $ 1,412,426
Weighted Average |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Weighted Average Coupon |  | 4.13% | 4.23%
Weighted Average Yield |  | 4.96% | 4.01%
Weighted average life |  | 4 years 5 months 12 days | 5 years 10 months 24 days
Residential mortgage loans |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Unpaid Principal Balance |  | $ 940,480 | $ 911,705
Fair Value |  | 939,372 | 932,203
Consolidated securitization trusts [Member] | Residential mortgage loans |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Gains |  | 9,000 |
Losses |  | 700 |
Loans held-for-investment [Member] | Residential mortgage loans |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Unpaid Principal Balance |  | 940,480 | 911,705
Unamortized Premium (Discount) |  | 12,314 | 9,354
Amortized Cost |  | 952,794 | 921,059
Gains |  | 9,969 | 13,082
Losses |  | (23,391) | (1,938)
Fair Value |  | $ 939,372 | $ 932,203
Loans held-for-investment [Member] | Residential mortgage loans | Weighted Average |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Weighted Average Coupon |  | 6.33% | 6.44%
Weighted Average Yield |  | 5.86% | 5.79%
Weighted average life |  | 3 years 5 months 23 days | 1 year 10 months 24 days
Non-QM loan securitization | Residential mortgage loans | Consolidated Entities [Member] | Securitized loans [Member] |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Fair Value |  | $ 581,181 | $ 628,415
[1] | Ellington Financial Inc.'s Condensed Consolidated Balance Sheet includes assets and liabilities of variable interest entities it has consolidated. See Note 9 for additional details on Ellington Financial Inc.'s consolidated variable interest entities.

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