v3.22.2.2

Investment in Loans (Schedule of Residential Mortgage Loans) (Details) - USD ($) $ in Thousands | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2022 | Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Unpaid Principal Balance |  | $ 4,073,065 | $ 2,366,724
Unamortized Premium (Discount) |  | (150,657) | (143,262)
Fair Value | [1],[2] | $ 3,822,895 | $ 2,415,321
Weighted Average |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Weighted Average Coupon |  | 1.66% | 3.52%
Weighted Average Yield |  | 4.05% | 3.24%
Weighted average life |  | 7 years 1 month 2 days | 5 years 11 months 8 days
Residential mortgage loans |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Unpaid Principal Balance |  | $ 3,597,404 | $ 1,969,874
Unamortized Premium (Discount) |  | 46,583 | 44,039
Amortized Cost |  | 3,643,987 | 2,013,913
Gains |  | 2,590 | 15,499
Losses |  | (297,767) | (13,184)
Fair Value |  | 3,348,810 | 2,016,228
Residential mortgage loans | Non-performing |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Unpaid Principal Balance |  | 36,738 | 33,949
Fair Value |  | $ 33,969 | $ 30,806
Residential mortgage loans | Weighted Average |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Weighted Average Coupon |  | 6.22% | 5.63%
Weighted Average Yield |  | 5.56% | 4.68%
Weighted average life |  | 4 years 1 month 9 days | 2 years 18 days
Consolidated securitization trusts [Member] | Residential mortgage loans |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Gains |  | $ 70 | $ 11,500
Losses |  | 233,400 | 3,700
Loans held-for-investment [Member] | Residential mortgage loans |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Unpaid Principal Balance |  | 3,281,521 | 1,958,807
Unamortized Premium (Discount) |  | 42,821 | 45,462
Amortized Cost |  | 3,324,342 | 2,004,269
Gains |  | 2,494 | 13,792
Losses |  | (274,648) | (13,173)
Fair Value |  | $ 3,052,188 | $ 2,004,888
Loans held-for-investment [Member] | Residential mortgage loans | Weighted Average |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Weighted Average Coupon |  | 6.22% | 5.63%
Weighted Average Yield |  | 5.53% | 4.67%
Weighted average life |  | 3 years 11 months 26 days | 2 years 21 days
Loans held-for-sale | Residential mortgage loans |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Unpaid Principal Balance |  | $ 315,883 | $ 11,067
Unamortized Premium (Discount) |  | 3,762 | (1,423)
Amortized Cost |  | 319,645 | 9,644
Gains |  | 96 | 1,707
Losses |  | (23,119) | (11)
Fair Value |  | $ 296,622 | $ 11,340
Loans held-for-sale | Residential mortgage loans | Weighted Average |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Weighted Average Coupon |  | 6.16% | 4.58%
Weighted Average Yield |  | 5.91% | 5.94%
Weighted average life |  | 5 years 4 months 28 days | 29 days
Non-QM loan securitization | Residential mortgage loans | Consolidated Entities [Member] | Securitized loans [Member] |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Fair Value |  | $ 1,762,845 | $ 1,041,545
[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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