v3.20.4

Investment in Loans Investment in Loans (Schedule of Corporate Loans) (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Unpaid Principal Balance |  | $ 1,417,054 | $ 1,387,733
Loans, at fair value | [1],[2] | 1,453,480 | 1,412,426
Corporate loan [Member] |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Unpaid Principal Balance |  | 5,855 | 18,415
Loans, at fair value |  | $ 5,855 | $ 18,510
Weighted Average |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Weighted Average Coupon |  | 3.92% | 4.23%
Weighted average life |  | 4 years 5 months 26 days | 5 years 10 months 24 days
Weighted Average | Corporate loan [Member] |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Weighted Average Coupon |  | 20.00% | 17.62%
Weighted average life |  | 1 year 9 months | 10 months 13 days
[1] | Ellington Financial Inc.'s 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.
[2] | Includes assets pledged as collateral to counterparties. See Note 11 for additional details on the Company's borrowings and related collateral.

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