v3.21.2

Securitization Transactions Narrative (Details) - USD ($) $ in Thousands | 1 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Nov. 30, 2020 | Sep. 30, 2021 | Dec. 31, 2020
Securitization Transactions [Line Items] |  |  |  |
Securities, at fair value(1)(2) | [1],[2] |  | $ 1,895,563 | $ 1,514,185
Investment in unconsolidated entities, at fair value | [1] |  | 142,019 | 141,620
Participation in Multi-Seller Consumer Loan Securitization [Member] |  |  |  |
Securitization Transactions [Line Items] |  |  |  |
Aggregate unpaid principal balance of loans sold |  | $ 205,100 |  |
Company's share of loans sold |  | 56.30% |  |
Co-participants share of loans sold |  | 43.70% |  |
Senior notes issued in securitization transaction |  | $ 158,400 |  |
Subordinated notes issued in securitization transaction |  | $ 35,200 |  |
Company's initial percentage ownership of jointly owned entity |  | 56.30% |  |
Affiliated co-participants initial percentage ownership of jointly owned entity |  | 43.70% |  |
Investment in unconsolidated entities, at fair value |  |  | $ 10,800 | $ 19,100
Company's current percentage ownership of jointly owned entity |  |  | 56.30% | 56.30%
Non-QM loan securitization |  |  |  |
Securitization Transactions [Line Items] |  |  |  |
Threshold for exercising Optional Redemption |  |  | 30.00% |
Percentage used to calculate servicing administrator fee |  |  | 0.03% |
[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.
[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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