v3.20.4

Valuation (Significant Unobservable Inputs Rollforward) (Details) - Level 3 - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | $ 1,721,275 | $ 1,094,816 |
Assets, Accreted Discounts/Amortized Premiums | (39,237) | (40,792) |
Assets, Realized Gain (Loss) | (15,898) | (3,380) |
Assets, Change In Net Unrealized Gain/(Loss) | 36,777 | 18,989 |
Assets, Purchases | 1,131,307 | 1,229,160 |
Assets, Sales | (945,519) | (603,883) |
Assets, Transfers into Level 3 | 92,143 | 35,567 |
Assets, Transfers out of Level 3 | (21,046) | (9,202) |
Assets, Ending Balance | 1,959,802 | 1,721,275 | $ 1,094,816
Liabilities, Begining Balance | (594,832) | (297,948) | (125,105)
Liabilities, Accreted Discounts/Amortized Premiums | 0 | 0 | 0
Liabilities, Realized Gain/(Loss) | (551) | (15) | 0
Liabilities, Change In Net Unrealized Gain/(Loss) | (9,624) | (938) | 758
Liabilities Purchases/Payments | 306,420 | 182,306 | 49,731
Liabilities, Sales/Issuance | (456,818) | (478,237) | 223,332
Liabilities, Transfers into Level 3 | 0 | 0 | 0
Liabilities, Transfers out of Level 3 | 0 | 0 | 0
Liabilities, Ending Balance | (755,405) | (594,832) | (297,948)
Other secured borrowings, at fair value |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Liabilities, Begining Balance | (594,396) | (297,948) | (125,105)
Liabilities, Accreted Discounts/Amortized Premiums | 0 | 0 | 0
Liabilities, Realized Gain/(Loss) | 0 | 0 | 0
Liabilities, Change In Net Unrealized Gain/(Loss) | (9,576) | (502) | 758
Liabilities, Payments | 305,828 | 182,291 | 49,731
Liabilities, Issuances | (456,777) | (478,237) | (223,332)
Liabilities, Transfers into Level 3 | 0 | 0 | 0
Liabilities, Transfers out of Level 3 | 0 | 0 | 0
Liabilities, Ending Balance | (754,921) | (594,396) | (297,948)
Change in unrealized gains (losses), liabilities | (9,600) | 100 | 800
Financial Derivatives - Liabilities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Change in unrealized gains (losses), liabilities | (500) | (400) |
Securities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Change in unrealized gain (loss), assets | (33,300) | 2,400 |
Securities | Agency RMBS |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 19,904 | 7,293 |
Assets, Accreted Discounts/Amortized Premiums | (7,903) | (3,464) |
Assets, Realized Gain (Loss) | 722 | (1,787) |
Assets, Change In Net Unrealized Gain/(Loss) | 3,175 | 808 |
Assets, Purchases | 8,307 | 13,818 |
Assets, Sales | (5,046) | (1,306) |
Assets, Transfers into Level 3 | 1,083 | 5,370 |
Assets, Transfers out of Level 3 | (8,579) | (828) |
Assets, Ending Balance | 11,663 | 19,904 | 7,293
Securities | Non-Agency RMBS |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 89,581 | 91,291 |
Assets, Accreted Discounts/Amortized Premiums | 1,557 | 270 |
Assets, Realized Gain (Loss) | 1,009 | 5,636 |
Assets, Change In Net Unrealized Gain/(Loss) | (1,283) | (3,654) |
Assets, Purchases | 64,362 | 21,512 |
Assets, Sales | (40,841) | (33,664) |
Assets, Transfers into Level 3 | 17,425 | 15,354 |
Assets, Transfers out of Level 3 | (3,972) | (7,164) |
Assets, Ending Balance | 127,838 | 89,581 | 91,291
Securities | CMBS |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 29,805 | 803 |
Assets, Accreted Discounts/Amortized Premiums | 813 | 16 |
Assets, Realized Gain (Loss) | 62 | 180 |
Assets, Change In Net Unrealized Gain/(Loss) | (2,477) | (246) |
Assets, Purchases | 52,915 | 31,464 |
Assets, Sales | (38,553) | (5,271) |
Assets, Transfers into Level 3 | 20,583 | 2,859 |
Assets, Transfers out of Level 3 | 0 | 0 |
Assets, Ending Balance | 63,148 | 29,805 | 803
Securities | CLOs |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 44,979 | 14,915 |
Assets, Accreted Discounts/Amortized Premiums | 2,185 | (268) |
Assets, Realized Gain (Loss) | (8,862) | (3,190) |
Assets, Change In Net Unrealized Gain/(Loss) | (13,132) | 2,329 |
Assets, Purchases | 48,120 | 25,531 |
Assets, Sales | (6,747) | (5,112) |
Assets, Transfers into Level 3 | 53,052 | 11,984 |
Assets, Transfers out of Level 3 | (8,495) | (1,210) |
Assets, Ending Balance | 111,100 | 44,979 | 14,915
Securities | Asset-backed securities, backed by consumer loans |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 48,610 | 22,800 |
Assets, Accreted Discounts/Amortized Premiums | (4,986) | (2,520) |
Assets, Realized Gain (Loss) | (138) | (891) |
Assets, Change In Net Unrealized Gain/(Loss) | (1,245) | 873 |
Assets, Purchases | 30,899 | 42,137 |
Assets, Sales | (28,215) | (13,789) |
Assets, Transfers into Level 3 | 0 | 0 |
Assets, Transfers out of Level 3 | 0 | 0 |
Assets, Ending Balance | 44,925 | 48,610 | 22,800
Securities | Corporate debt securities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 1,113 | 6,318 |
Assets, Accreted Discounts/Amortized Premiums | 0 | 22 |
Assets, Realized Gain (Loss) | 914 | (1,341) |
Assets, Change In Net Unrealized Gain/(Loss) | 1,068 | 188 |
Assets, Purchases | 5,668 | 11,024 |
Assets, Sales | (4,681) | (15,098) |
Assets, Transfers into Level 3 | 0 | 0 |
Assets, Transfers out of Level 3 | 0 | 0 |
Assets, Ending Balance | 4,082 | 1,113 | 6,318
Securities | Corporate equity securities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 1,394 | 1,534 |
Assets, Accreted Discounts/Amortized Premiums | 0 | 0 |
Assets, Realized Gain (Loss) | 7 | (1,807) |
Assets, Change In Net Unrealized Gain/(Loss) | (165) | 205 |
Assets, Purchases | 366 | 1,462 |
Assets, Sales | (12) | 0 |
Assets, Transfers into Level 3 | 0 | 0 |
Assets, Transfers out of Level 3 | 0 | 0 |
Assets, Ending Balance | 1,590 | 1,394 | 1,534
Investments |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 1,124,606 | 658,448
Assets, Accreted Discounts/Amortized Premiums |  |  | (32,013)
Assets, Realized Gain (Loss) |  |  | 16,205
Assets, Change In Net Unrealized Gain/(Loss) |  |  | 3,821
Assets, Purchases |  |  | 937,544
Assets, Sales |  |  | (438,411)
Assets, Transfers into Level 3 |  |  | 13,649
Assets, Transfers out of Level 3 |  |  | (34,637)
Assets, Ending Balance |  |  | 1,124,606
Change in unrealized gain (loss), assets |  |  | 5,300
Investments | Agency RMBS |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 7,293 | 6,173
Assets, Accreted Discounts/Amortized Premiums |  |  | (2,233)
Assets, Realized Gain (Loss) |  |  | (10)
Assets, Change In Net Unrealized Gain/(Loss) |  |  | 175
Assets, Purchases |  |  | 2,753
Assets, Sales |  |  | (1,169)
Assets, Transfers into Level 3 |  |  | 2,616
Assets, Transfers out of Level 3 |  |  | (1,012)
Assets, Ending Balance |  |  | 7,293
Investments | Non-Agency RMBS |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 91,291 | 101,297
Assets, Accreted Discounts/Amortized Premiums |  |  | 383
Assets, Realized Gain (Loss) |  |  | 1,838
Assets, Change In Net Unrealized Gain/(Loss) |  |  | (2,135)
Assets, Purchases |  |  | 75,685
Assets, Sales |  |  | (78,487)
Assets, Transfers into Level 3 |  |  | 7,074
Assets, Transfers out of Level 3 |  |  | (14,364)
Assets, Ending Balance |  |  | 91,291
Investments | CMBS |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 803 | 12,347
Assets, Accreted Discounts/Amortized Premiums |  |  | (243)
Assets, Realized Gain (Loss) |  |  | 2,229
Assets, Change In Net Unrealized Gain/(Loss) |  |  | 2,120
Assets, Purchases |  |  | 1,481
Assets, Sales |  |  | (16,896)
Assets, Transfers into Level 3 |  |  | 0
Assets, Transfers out of Level 3 |  |  | (235)
Assets, Ending Balance |  |  | 803
Investments | CLOs |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 14,915 | 24,911
Assets, Accreted Discounts/Amortized Premiums |  |  | (351)
Assets, Realized Gain (Loss) |  |  | 317
Assets, Change In Net Unrealized Gain/(Loss) |  |  | (2,268)
Assets, Purchases |  |  | 33,549
Assets, Sales |  |  | (33,115)
Assets, Transfers into Level 3 |  |  | 3,959
Assets, Transfers out of Level 3 |  |  | (12,087)
Assets, Ending Balance |  |  | 14,915
Investments | Corporate debt securities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 6,318 | 23,947
Assets, Accreted Discounts/Amortized Premiums |  |  | 56
Assets, Realized Gain (Loss) |  |  | 241
Assets, Change In Net Unrealized Gain/(Loss) |  |  | (964)
Assets, Purchases |  |  | 7,665
Assets, Sales |  |  | (17,688)
Assets, Transfers into Level 3 |  |  | 0
Assets, Transfers out of Level 3 |  |  | (6,939)
Assets, Ending Balance |  |  | 6,318
Investments | Secured notes |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 10,917 | 0
Assets, Accreted Discounts/Amortized Premiums |  |  | 870
Assets, Realized Gain (Loss) |  |  | 0
Assets, Change In Net Unrealized Gain/(Loss) |  |  | (1,221)
Assets, Purchases |  |  | 11,268
Assets, Sales |  |  | 0
Assets, Transfers into Level 3 |  |  | 0
Assets, Transfers out of Level 3 |  |  | 0
Assets, Ending Balance |  |  | 10,917
Investments | Corporate equity securities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 43,793 | 37,465
Assets, Accreted Discounts/Amortized Premiums |  |  | 0
Assets, Realized Gain (Loss) |  |  | 1,671
Assets, Change In Net Unrealized Gain/(Loss) |  |  | 8,299
Assets, Purchases |  |  | 12,708
Assets, Sales |  |  | (16,350)
Assets, Transfers into Level 3 |  |  | 0
Assets, Transfers out of Level 3 |  |  | 0
Assets, Ending Balance |  |  | 43,793
Investments | Residential mortgage loans |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 496,830 | 182,472
Assets, Accreted Discounts/Amortized Premiums |  |  | (1,965)
Assets, Realized Gain (Loss) |  |  | 1,011
Assets, Change In Net Unrealized Gain/(Loss) |  |  | (34)
Assets, Purchases |  |  | 402,235
Assets, Sales |  |  | (86,889)
Assets, Transfers into Level 3 |  |  | 0
Assets, Transfers out of Level 3 |  |  | 0
Assets, Ending Balance |  |  | 496,830
Investments | Commercial mortgage loans |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  |  | 108,301
Assets, Accreted Discounts/Amortized Premiums |  |  | 790
Assets, Realized Gain (Loss) |  |  | 1,146
Assets, Change In Net Unrealized Gain/(Loss) |  |  | 1,944
Assets, Purchases |  |  | 149,053
Assets, Sales |  |  | (50,049)
Assets, Transfers into Level 3 |  |  | 0
Assets, Transfers out of Level 3 |  |  | 0
Investments | Consumer loans and asset-backed securities backed by consumer loans |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 206,761 | 135,258
Assets, Accreted Discounts/Amortized Premiums |  |  | (29,320)
Assets, Realized Gain (Loss) |  |  | 8,415
Assets, Change In Net Unrealized Gain/(Loss) |  |  | (1,092)
Assets, Purchases |  |  | 228,354
Assets, Sales |  |  | (134,854)
Assets, Transfers into Level 3 |  |  | 0
Assets, Transfers out of Level 3 |  |  | 0
Assets, Ending Balance |  |  | 206,761
Investments | Real estate owned |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 34,500 | 26,277
Assets, Accreted Discounts/Amortized Premiums |  |  | 0
Assets, Realized Gain (Loss) |  |  | (653)
Assets, Change In Net Unrealized Gain/(Loss) |  |  | (1,003)
Assets, Purchases |  |  | 12,793
Assets, Sales |  |  | (2,914)
Assets, Transfers into Level 3 |  |  | 0
Assets, Transfers out of Level 3 |  |  | 0
Assets, Ending Balance |  |  | 34,500
Loans |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Change in unrealized gain (loss), assets | 8,600 | 11,500 |
Loans | Residential mortgage loans |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 932,203 | 496,830 |
Assets, Accreted Discounts/Amortized Premiums | (6,445) | (6,081) |
Assets, Realized Gain (Loss) | (165) | 1,466 |
Assets, Change In Net Unrealized Gain/(Loss) | 11,593 | 8,800 |
Assets, Purchases | 594,397 | 661,813 |
Assets, Sales | (344,514) | (230,625) |
Assets, Transfers into Level 3 | 0 | 0 |
Assets, Transfers out of Level 3 | 0 | 0 |
Assets, Ending Balance | 1,187,069 | 932,203 | 496,830
Loans | Commercial mortgage loans |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 274,759 | 195,301 |
Assets, Accreted Discounts/Amortized Premiums | 128 | (282) |
Assets, Realized Gain (Loss) | 135 | 2,412 |
Assets, Change In Net Unrealized Gain/(Loss) | (166) | (2,083) |
Assets, Purchases | 121,844 | 175,689 |
Assets, Sales | (183,669) | (96,278) |
Assets, Transfers into Level 3 | 0 | 0 |
Assets, Transfers out of Level 3 | 0 | 0 |
Assets, Ending Balance | 213,031 | 274,759 | 195,301
Loans | Consumer loans |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 186,954 | 183,961 |
Assets, Accreted Discounts/Amortized Premiums | (24,586) | (28,521) |
Assets, Realized Gain (Loss) | (4,843) | (6,291) |
Assets, Change In Net Unrealized Gain/(Loss) | (2,891) | 3,000 |
Assets, Purchases | 141,245 | 183,994 |
Assets, Sales | (248,354) | (149,189) |
Assets, Transfers into Level 3 | 0 | 0 |
Assets, Transfers out of Level 3 | 0 | 0 |
Assets, Ending Balance | 47,525 | 186,954 | 183,961
Loans | Corporate loan [Member] |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 18,510 | 0 |
Assets, Accreted Discounts/Amortized Premiums | 0 | 36 |
Assets, Realized Gain (Loss) | 0 | 0 |
Assets, Change In Net Unrealized Gain/(Loss) | 0 | (36) |
Assets, Purchases | 1,445 | 18,510 |
Assets, Sales | (14,100) | 0 |
Assets, Transfers into Level 3 | 0 | 0 |
Assets, Transfers out of Level 3 | 0 | 0 |
Assets, Ending Balance | 5,855 | 18,510 | 0
Investment in unconsolidated entities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 71,850 | 72,298 |
Assets, Accreted Discounts/Amortized Premiums | 0 | 0 |
Assets, Realized Gain (Loss) | 424 | 1,545 |
Assets, Change In Net Unrealized Gain/(Loss) | 37,509 | 8,664 |
Assets, Purchases | 61,589 | 42,173 |
Assets, Sales | (29,752) | (52,830) |
Assets, Transfers into Level 3 | 0 | 0 |
Assets, Transfers out of Level 3 | 0 | 0 |
Assets, Ending Balance | 141,620 | 71,850 | 72,298
Change in unrealized gain (loss), assets | 37,100 | 5,200 |
Financial Derivatives - Assets |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 1,472 | 3,140
Assets, Accreted Discounts/Amortized Premiums |  |  | 0
Assets, Realized Gain (Loss) |  |  | (687)
Assets, Change In Net Unrealized Gain/(Loss) |  |  | 715
Assets, Purchases |  |  | 102
Assets, Sales |  |  | (1,798)
Assets, Transfers into Level 3 |  |  | 0
Assets, Transfers out of Level 3 |  |  | 0
Assets, Ending Balance |  |  | 1,472
Change in unrealized gain (loss), assets | 500 | 100 | (600)
Financial Derivatives - Assets | Total return swaps |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 620 | 0 |
Assets, Accreted Discounts/Amortized Premiums | 0 | 0 |
Assets, Realized Gain (Loss) | 288 | 160 |
Assets, Change In Net Unrealized Gain/(Loss) | (611) | 620 |
Assets, Purchases | 126 | 0 |
Assets, Sales | (414) | (160) |
Assets, Transfers into Level 3 | 0 | 0 |
Assets, Transfers out of Level 3 | 0 | 0 |
Assets, Ending Balance | 9 | 620 | 0
Financial Derivatives - Assets | Credit default swaps on asset-backed securities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance | 993 | 1,472 | 3,140
Assets, Accreted Discounts/Amortized Premiums | 0 | 0 | 0
Assets, Realized Gain (Loss) | (5,451) | 528 | (687)
Assets, Change In Net Unrealized Gain/(Loss) | 5,402 | (479) | 715
Assets, Purchases | 24 | 33 | 102
Assets, Sales | (621) | (561) | (1,798)
Assets, Transfers into Level 3 | 0 | 0 | 0
Assets, Transfers out of Level 3 | 0 | 0 | 0
Assets, Ending Balance | 347 | 993 | 1,472
Financial Derivatives - Liabilities | Total return swaps |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Liabilities, Begining Balance | (436) | 0 |
Liabilities, Accreted Discounts/Amortized Premiums | 0 | 0 |
Liabilities, Realized Gain/(Loss) | (551) | (15) |
Liabilities, Change In Net Unrealized Gain/(Loss) | (48) | (436) |
Liabilities, Payments | 592 | 15 |
Liabilities, Issuances | (41) | 0 |
Liabilities, Transfers into Level 3 | 0 | 0 |
Liabilities, Transfers out of Level 3 | 0 | 0 |
Liabilities, Ending Balance | $ (484) | (436) | 0
Previous Accounting Guidance [Member] |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | 1,126,078 | 661,588
Assets, Accreted Discounts/Amortized Premiums |  |  | (32,013)
Assets, Realized Gain (Loss) |  |  | 15,518
Assets, Change In Net Unrealized Gain/(Loss) |  |  | 4,536
Assets, Purchases |  |  | 937,646
Assets, Sales |  |  | (440,209)
Assets, Transfers into Level 3 |  |  | 13,649
Assets, Transfers out of Level 3 |  |  | (34,637)
Assets, Ending Balance |  |  | 1,126,078
Previous Accounting Guidance [Member] | Investments | Commercial mortgage loans |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Assets, Beginning Balance |  | $ 211,185 |
Assets, Ending Balance |  |  | $ 211,185

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- 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

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- 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

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- 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
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