false2021FY000141134212/310.0010.001100,000,000100,000,00057,458,16943,781,68457,458,16943,781,6840.0010.001100,000,000100,000,0009,400,0004,600,0009,400,0004,600,000235,000115,0002,5931,0511,9671.35192.476.834.851.21.91.51.7890410958904111.7890410958904111.7890410958904115.789041095890411100.7890410958904129.4931506849315072.9728.869.143.961.06.21.41.7890410958904115.7890410958904113.69041095890410940106.59178082191781300.20.431.580.08.056.351.056.37.456.30.250.220.220.220.220.240.240.240.46020.00020.00011.2704.00014.11027.48055.456.285.285.22.2500—034.00.24,600,0001.3154990028.20.40.22.001.115/1/20257/1/20582.009.253/1/20276/1/20593.0087807/1/203512/1/20564.007.753/1/20475/1/20494.246.997/1/204811/1/206111/1/20614.009.998/1/20464/1/20504.258.885/1/20462/1/20604.508.759/1/20463/1/20604.138.382/1/204710/1/20594.626.9910/1/204612/1/20594.506.8811/1/20462/1/20605.136.5012/1/20477/1/20594.635.9911/1/20489/1/20597/1/20493.0016.001/1/202212/1/20613.2520.001/1/20221/1/20623.0011.901/1/202212/1/20613.2511.551/1/202212/1/20613.0011.991/1/202212/1/20613.2510.651/1/20221/1/20623.2511.901/1/20221/1/20623.259.492/1/202212/1/20613.2510.5011/1/202212/1/20613.635.251/1/205211/1/20613.887.358/1/202311/1/20513.2510.505/1/202211/1/20613.254.8810/1/206110/1/20619/1/20612/1/20233.388.631/1/20478/1/20613.138.3812/1/20348/1/20613.137.6311/1/20478/1/20613.387.638/1/20488/1/20613.636.6310/1/20488/1/20613.256.2410/1/20488/1/20613.385.8811/1/20487/1/20613.506.134/1/20506/1/20613.886.504/1/20504/1/20613.636.0010/1/20508/1/20613.255.251/1/20517/1/20613.253.502/1/20518/1/20513.636.2510/1/20506/1/20614/1/20515.578.501/1/202212/1/20235.458.008/1/20221/1/20245.759.501/1/202211/1/20235.759.009/1/20211/1/20241/1/202400014113422021-01-012021-12-310001411342us-gaap:CommonStockMember2021-01-012021-12-310001411342us-gaap:SeriesAPreferredStockMember2021-01-012021-12-310001411342us-gaap:SeriesBPreferredStockMember2021-01-012021-12-3100014113422021-06-30iso4217:USD00014113422022-02-25xbrli:shares00014113422021-12-3100014113422020-12-31iso4217:USDxbrli:shares00014113422020-01-012020-12-3100014113422019-01-012019-12-3100014113422018-12-310001411342us-gaap:CommonStockMember2018-12-310001411342us-gaap:AdditionalPaidInCapitalMember2018-12-310001411342us-gaap:RetainedEarningsMember2018-12-310001411342us-gaap:ParentMember2018-12-310001411342us-gaap:NoncontrollingInterestMember2018-12-310001411342us-gaap:CommonStockMember2019-01-012019-12-310001411342us-gaap:AdditionalPaidInCapitalMember2019-01-012019-12-310001411342us-gaap:RetainedEarningsMember2019-01-012019-12-310001411342us-gaap:ParentMember2019-01-012019-12-310001411342us-gaap:NoncontrollingInterestMember2019-01-012019-12-310001411342us-gaap:CommonStockMember2019-01-012019-12-310001411342us-gaap:CommonStockMemberus-gaap:CommonStockMember2019-01-012019-12-310001411342us-gaap:AdditionalPaidInCapitalMemberus-gaap:CommonStockMember2019-01-012019-12-310001411342us-gaap:CommonStockMemberus-gaap:ParentMember2019-01-012019-12-310001411342us-gaap:PreferredStockMember2019-01-012019-12-310001411342us-gaap:PreferredStockMemberus-gaap:ParentMember2019-01-012019-12-3100014113422019-12-310001411342us-gaap:CommonStockMember2019-12-310001411342us-gaap:AdditionalPaidInCapitalMember2019-12-310001411342us-gaap:RetainedEarningsMember2019-12-310001411342us-gaap:ParentMember2019-12-310001411342us-gaap:NoncontrollingInterestMember2019-12-310001411342us-gaap:RetainedEarningsMember2020-01-012020-12-310001411342us-gaap:ParentMember2020-01-012020-12-310001411342us-gaap:NoncontrollingInterestMember2020-01-012020-12-310001411342us-gaap:CommonStockMember2020-01-012020-12-310001411342us-gaap:CommonStockMemberus-gaap:CommonStockMember2020-01-012020-12-310001411342us-gaap:AdditionalPaidInCapitalMemberus-gaap:CommonStockMember2020-01-012020-12-310001411342us-gaap:CommonStockMemberus-gaap:ParentMember2020-01-012020-12-310001411342us-gaap:CommonStockMember2020-04-012020-06-300001411342us-gaap:CommonStockMemberus-gaap:CommonStockMember2020-04-012020-06-300001411342us-gaap:AdditionalPaidInCapitalMemberus-gaap:CommonStockMember2020-04-012020-06-300001411342us-gaap:CommonStockMemberus-gaap:ParentMember2020-04-012020-06-300001411342us-gaap:NoncontrollingInterestMember2020-04-012020-06-3000014113422020-04-012020-06-300001411342us-gaap:RetainedEarningsMember2020-04-012020-06-300001411342us-gaap:ParentMember2020-04-012020-06-300001411342us-gaap:CommonStockMember2020-04-012020-06-300001411342us-gaap:AdditionalPaidInCapitalMember2020-04-012020-06-300001411342us-gaap:CommonStockMember2020-12-310001411342us-gaap:AdditionalPaidInCapitalMember2020-12-310001411342us-gaap:RetainedEarningsMember2020-12-310001411342us-gaap:ParentMember2020-12-310001411342us-gaap:NoncontrollingInterestMember2020-12-310001411342us-gaap:RetainedEarningsMember2021-01-012021-12-310001411342us-gaap:ParentMember2021-01-012021-12-310001411342us-gaap:NoncontrollingInterestMember2021-01-012021-12-310001411342us-gaap:CommonStockMemberus-gaap:CommonStockMember2021-01-012021-12-310001411342us-gaap:AdditionalPaidInCapitalMemberus-gaap:CommonStockMember2021-01-012021-12-310001411342us-gaap:CommonStockMemberus-gaap:ParentMember2021-01-012021-12-310001411342us-gaap:PreferredStockMember2021-01-012021-12-310001411342us-gaap:PreferredStockMemberus-gaap:ParentMember2021-01-012021-12-310001411342us-gaap:CommonStockMember2021-01-012021-12-310001411342us-gaap:AdditionalPaidInCapitalMember2021-01-012021-12-310001411342us-gaap:CommonStockMember2021-12-310001411342us-gaap:AdditionalPaidInCapitalMember2021-12-310001411342us-gaap:RetainedEarningsMember2021-12-310001411342us-gaap:ParentMember2021-12-310001411342us-gaap:NoncontrollingInterestMember2021-12-310001411342us-gaap:ParentMemberefc:EllingtonFinancialOperatingPartnershipLLCMember2021-12-31xbrli:pure0001411342us-gaap:FinancialAssetsSoldUnderAgreementToRepurchaseMember2021-01-012021-12-310001411342efc:SecuritiesPurchasedunderAgreementstoResellMember2021-01-012021-12-310001411342srt:DirectorMemberefc:LongTermIncentivePlanUnitsMember2021-01-012021-12-310001411342srt:MinimumMemberefc:DedicatedorpartiallydedicatedpersonnelMemberefc:LongTermIncentivePlanUnitsMember2021-01-012021-12-310001411342srt:MaximumMemberefc:DedicatedorpartiallydedicatedpersonnelMemberefc:LongTermIncentivePlanUnitsMember2021-01-012021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:EquitySecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquitySecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMember2021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2021-12-310001411342efc:CorporateloanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:FairValueInputsLevel2Memberefc:CorporateloanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2021-12-310001411342efc:CorporateloanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2021-12-310001411342efc:CorporateloanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:FairValueInputsLevel2Memberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwapMember2021-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:InterestRateSwapMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:InterestRateSwapMember2021-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:PutOptionMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:PutOptionMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:PutOptionMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:PutOptionMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FutureMember2021-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FutureMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FutureMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FutureMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:SecuritiesSoldNotYetPurchasedMember2021-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMember2021-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesSoldNotYetPurchasedMember2021-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel2Memberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberefc:CreditDefaultSwapsOnCorporateBondsMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwapMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FutureMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FutureMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FutureMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FutureMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:ForwardContractsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:ForwardContractsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:ForwardContractsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:ForwardContractsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CollateralizedLoanObligationsMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:AssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:EquitySecuritiesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquitySecuritiesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMember2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2020-12-310001411342efc:CorporateloanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:FairValueInputsLevel2Memberefc:CorporateloanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2020-12-310001411342efc:CorporateloanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2020-12-310001411342efc:CorporateloanMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:FairValueInputsLevel2Memberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwapMember2020-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:InterestRateSwapMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:InterestRateSwapMember2020-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FutureMember2020-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FutureMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FutureMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FutureMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:SecuritiesSoldNotYetPurchasedMember2020-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMember2020-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesSoldNotYetPurchasedMember2020-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMember2020-12-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:SecuritiesSoldNotYetPurchasedMember2020-12-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMember2020-12-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesSoldNotYetPurchasedMember2020-12-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel2Memberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberefc:CreditDefaultSwapsOnCorporateBondsMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwapMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:InterestRateSwapMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FutureMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FutureMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FutureMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FutureMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:ForwardContractsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:ForwardContractsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:ForwardContractsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:ForwardContractsMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2020-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueMeasurementsRecurringMember2020-12-310001411342us-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342srt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:MaximumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MaximumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:MaximumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MaximumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:MaximumMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MinimumMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MaximumMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMembersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:MaximumMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMembersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMembersrt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342us-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342us-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342us-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateDebtandEquityMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberefc:CorporateDebtandEquityMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberefc:CorporateDebtandEquityMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberefc:CorporateDebtandEquityMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MeasurementInputExercisePriceMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:CostApproachValuationTechniqueMember2021-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ResidentialMortgageMemberefc:SecuritizedloansMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ResidentialMortgageMembersrt:MinimumMemberefc:SecuritizedloansMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:MaximumMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342us-gaap:ResidentialMortgageMemberefc:SecuritizedloansMembersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:SecuritizedloansMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ResidentialMortgageMemberefc:SecuritizedloansMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ResidentialMortgageMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:SecuritizedloansMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:SecuritizedloansMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:SecuritizedloansMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2021-12-310001411342us-gaap:ResidentialMortgageMembersrt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2021-12-310001411342srt:MaximumMemberus-gaap:ResidentialMortgageMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2021-12-310001411342us-gaap:ResidentialMortgageMembersrt:MinimumMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2021-12-310001411342srt:MaximumMemberus-gaap:ResidentialMortgageMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2021-12-310001411342us-gaap:ResidentialMortgageMembersrt:WeightedAverageMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2021-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:PerformingFinancingReceivableMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberefc:CommercialMortgageLoansMember2021-12-310001411342srt:MaximumMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ConsumerLoanMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ConsumerLoanMembersrt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ConsumerLoanMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ConsumerLoanMembersrt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ConsumerLoanMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ConsumerLoanMembersrt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:CorporateloanMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberefc:CorporateloanMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:MaximumMemberefc:CorporateloanMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:WeightedAverageMemberefc:CorporateloanMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateloanMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:CorporateloanMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberefc:CorporateloanMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberefc:CorporateloanMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberefc:CorporateloanMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:EnterpriseValueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMemberefc:MeasurementInputEquityPricetoBookMember2021-12-310001411342efc:EnterpriseValueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMemberefc:MeasurementInputNetAssetValueMember2021-12-310001411342us-gaap:MeasurementInputExercisePriceMemberus-gaap:FairValueInputsLevel3Memberus-gaap:CostApproachValuationTechniqueMemberus-gaap:EquityMethodInvestmentsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:MaximumMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:WeightedAverageMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:NonperformingsecuritizedresidentialmortgageloansMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342srt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:MaximumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MaximumMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:MaximumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MaximumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:MaximumMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MinimumMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MaximumMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMembersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:MaximumMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMembersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMembersrt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342srt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:MaximumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342us-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342us-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342us-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateDebtandEquityMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberefc:CorporateDebtandEquityMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberefc:CorporateDebtandEquityMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberefc:CorporateDebtandEquityMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MeasurementInputOfferedPriceMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:MinimumMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MeasurementInputOfferedPriceMembersrt:MaximumMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MeasurementInputOfferedPriceMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ResidentialMortgageMemberefc:SecuritizedloansMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ResidentialMortgageMembersrt:MinimumMemberefc:SecuritizedloansMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:MaximumMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342us-gaap:ResidentialMortgageMemberefc:SecuritizedloansMembersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:SecuritizedloansMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ResidentialMortgageMemberefc:SecuritizedloansMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ResidentialMortgageMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:SecuritizedloansMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:SecuritizedloansMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:SecuritizedloansMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2020-12-310001411342us-gaap:ResidentialMortgageMembersrt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2020-12-310001411342srt:MaximumMemberus-gaap:ResidentialMortgageMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2020-12-310001411342us-gaap:ResidentialMortgageMembersrt:MinimumMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2020-12-310001411342srt:MaximumMemberus-gaap:ResidentialMortgageMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2020-12-310001411342us-gaap:ResidentialMortgageMembersrt:WeightedAverageMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2020-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:PerformingFinancingReceivableMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberefc:CommercialMortgageLoansMember2020-12-310001411342srt:MaximumMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberefc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ConsumerLoanMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ConsumerLoanMembersrt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ConsumerLoanMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ConsumerLoanMembersrt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ConsumerLoanMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ConsumerLoanMembersrt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:CorporateloanMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberefc:CorporateloanMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:MaximumMemberefc:CorporateloanMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:WeightedAverageMemberefc:CorporateloanMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:MinimumMemberefc:CorporateloanMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberefc:CorporateloanMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:CorporateloanMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:EnterpriseValueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMemberefc:MeasurementInputEquityPricetoBookMember2020-12-310001411342efc:EnterpriseValueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMemberefc:MeasurementInputNetAssetValueMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:TotalReturnSwapMembersrt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:TotalReturnSwapMembersrt:MaximumMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:MeasurementInputprojectedcollateralrecoveriesMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:MaximumMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:WeightedAverageMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputQuotedPriceMember2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:MaximumMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberefc:OthersecuredborrowingsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:NonperformingsecuritizedresidentialmortgageloansMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-01-012021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-01-012021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342efc:CorporateDebtMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:CorporateDebtMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342efc:CorporateDebtMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquitySecuritiesMember2020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquitySecuritiesMember2021-01-012021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquitySecuritiesMember2021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2021-01-012021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2021-12-310001411342efc:CorporateloanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2020-12-310001411342efc:CorporateloanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2021-01-012021-12-310001411342efc:CorporateloanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342efc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2021-01-012021-12-310001411342us-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel3Member2019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-01-012020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2020-01-012020-12-310001411342efc:CorporateDebtMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Member2019-12-310001411342efc:CorporateDebtMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquitySecuritiesMember2019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquitySecuritiesMember2020-01-012020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2019-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2020-01-012020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2019-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2020-01-012020-12-310001411342efc:CorporateloanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2019-12-310001411342efc:CorporateloanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2020-01-012020-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueInputsLevel3Member2019-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342efc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2019-12-310001411342efc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2019-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Member2019-12-310001411342us-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Member2019-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel3Member2019-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2020-01-012020-12-310001411342us-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel3Member2018-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2018-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2019-01-012019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2018-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2018-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2018-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMember2019-01-012019-12-310001411342efc:CorporateDebtMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Member2018-12-310001411342efc:CorporateDebtMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquitySecuritiesMember2018-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Memberus-gaap:EquitySecuritiesMember2019-01-012019-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2018-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2019-01-012019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2018-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2019-01-012019-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2018-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2019-01-012019-12-310001411342efc:CorporateloanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2018-12-310001411342efc:CorporateloanMemberus-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2019-01-012019-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueInputsLevel3Member2018-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342efc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2018-12-310001411342efc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2018-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342us-gaap:FairValueInputsLevel3Member2018-12-310001411342us-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Member2018-12-310001411342us-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel3Member2018-12-310001411342efc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2019-01-012019-12-310001411342us-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Member2019-01-012019-12-310001411342us-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001411342us-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001411342us-gaap:EstimateOfFairValueFairValueDisclosureMember2020-12-310001411342us-gaap:CarryingReportedAmountFairValueDisclosureMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberefc:LIBOROASMember2021-12-310001411342srt:MaximumMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberefc:LIBOROASMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberefc:LIBOROASMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberefc:NetLIBOROASMember2021-12-310001411342srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMemberefc:MeasurementInputEquityMultipleMember2021-12-310001411342srt:MaximumMemberus-gaap:FairValueInputsLevel3Memberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMemberefc:MeasurementInputEquityMultipleMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMemberefc:MeasurementInputEquityMultipleMember2021-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2021-01-012021-12-310001411342srt:MaximumMemberus-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2021-01-012021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberefc:LIBOROASMember2020-12-310001411342srt:MaximumMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberefc:LIBOROASMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberefc:LIBOROASMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberefc:NetLIBOROASMember2020-12-310001411342srt:MinimumMemberus-gaap:FairValueInputsLevel3Memberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMemberefc:MeasurementInputEquityMultipleMember2020-12-310001411342srt:MaximumMemberus-gaap:FairValueInputsLevel3Memberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMemberefc:MeasurementInputEquityMultipleMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMemberefc:MeasurementInputEquityMultipleMember2020-12-310001411342srt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2020-01-012020-12-310001411342srt:MaximumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2020-01-012020-12-310001411342us-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2020-01-012020-12-310001411342us-gaap:ResidentialMortgageMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2020-01-012020-12-310001411342srt:MaximumMemberus-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2020-01-012020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMember2020-01-012020-12-310001411342efc:FixedRateResidentialMortgages15YearMemberus-gaap:LongMember2021-12-310001411342srt:WeightedAverageMemberefc:FixedRateResidentialMortgages15YearMemberus-gaap:LongMember2021-12-310001411342srt:WeightedAverageMemberefc:FixedRateResidentialMortgages15YearMemberus-gaap:LongMember2021-01-012021-12-310001411342us-gaap:LongMemberefc:FixedRateResidentialMortgages20YearMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberefc:FixedRateResidentialMortgages20YearMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberefc:FixedRateResidentialMortgages20YearMember2021-01-012021-12-310001411342efc:FixedRateResidentialMortgages30YearMemberus-gaap:LongMember2021-12-310001411342efc:FixedRateResidentialMortgages30YearMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342efc:FixedRateResidentialMortgages30YearMembersrt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-12-310001411342us-gaap:AdjustableRateResidentialMortgageMemberus-gaap:LongMember2021-12-310001411342us-gaap:AdjustableRateResidentialMortgageMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:AdjustableRateResidentialMortgageMembersrt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-12-310001411342efc:ReverseMortgagesMemberus-gaap:LongMember2021-12-310001411342efc:ReverseMortgagesMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342efc:ReverseMortgagesMembersrt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMember2021-12-310001411342us-gaap:InterestOnlyStripMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:InterestOnlyStripMembersrt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-12-310001411342us-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-01-012021-12-310001411342us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:LongMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:LongMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:LongMember2021-01-012021-12-310001411342efc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMember2021-12-310001411342srt:WeightedAverageMemberefc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMember2021-12-310001411342srt:WeightedAverageMemberefc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMember2021-01-012021-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMember2021-01-012021-12-310001411342us-gaap:LongMemberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberus-gaap:AssetBackedSecuritiesMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberus-gaap:AssetBackedSecuritiesMember2021-01-012021-12-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:LongMember2021-12-310001411342us-gaap:CorporateDebtSecuritiesMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:CorporateDebtSecuritiesMembersrt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-12-310001411342us-gaap:LongMemberus-gaap:EquitySecuritiesMember2021-12-310001411342us-gaap:LongMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342srt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-12-310001411342us-gaap:ShortMemberus-gaap:USTreasurySecuritiesMember2021-12-310001411342us-gaap:ShortMemberus-gaap:USTreasurySecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:ShortMemberus-gaap:USTreasurySecuritiesMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:ShortMemberus-gaap:ForeignGovernmentDebtMember2021-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMemberus-gaap:ForeignGovernmentDebtMember2021-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMemberus-gaap:ForeignGovernmentDebtMember2021-01-012021-12-310001411342us-gaap:ShortMember2021-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMember2021-01-012021-12-310001411342srt:WeightedAverageMember2021-12-310001411342srt:WeightedAverageMember2021-01-012021-12-310001411342efc:FixedRateResidentialMortgages15YearMemberus-gaap:LongMember2020-12-310001411342srt:WeightedAverageMemberefc:FixedRateResidentialMortgages15YearMemberus-gaap:LongMember2020-12-310001411342srt:WeightedAverageMemberefc:FixedRateResidentialMortgages15YearMemberus-gaap:LongMember2021-01-012021-03-310001411342us-gaap:LongMemberefc:FixedRateResidentialMortgages20YearMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberefc:FixedRateResidentialMortgages20YearMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberefc:FixedRateResidentialMortgages20YearMember2021-01-012021-03-310001411342efc:FixedRateResidentialMortgages30YearMemberus-gaap:LongMember2020-12-310001411342efc:FixedRateResidentialMortgages30YearMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342efc:FixedRateResidentialMortgages30YearMembersrt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-03-310001411342us-gaap:AdjustableRateResidentialMortgageMemberus-gaap:LongMember2020-12-310001411342us-gaap:AdjustableRateResidentialMortgageMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:AdjustableRateResidentialMortgageMembersrt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-03-310001411342efc:ReverseMortgagesMemberus-gaap:LongMember2020-12-310001411342efc:ReverseMortgagesMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342efc:ReverseMortgagesMembersrt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-03-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMember2020-12-310001411342us-gaap:InterestOnlyStripMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:InterestOnlyStripMembersrt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-03-310001411342us-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-01-012021-03-310001411342us-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:LongMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:LongMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:LongMember2021-01-012021-03-310001411342efc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMember2020-12-310001411342srt:WeightedAverageMemberefc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMember2020-12-310001411342srt:WeightedAverageMemberefc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMember2021-01-012021-03-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMember2021-01-012021-03-310001411342us-gaap:LongMemberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberus-gaap:AssetBackedSecuritiesMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:LongMemberus-gaap:AssetBackedSecuritiesMember2021-01-012021-03-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:LongMember2020-12-310001411342us-gaap:CorporateDebtSecuritiesMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:CorporateDebtSecuritiesMembersrt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-03-310001411342us-gaap:LongMemberus-gaap:EquitySecuritiesMember2020-12-310001411342us-gaap:LongMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342srt:WeightedAverageMemberus-gaap:LongMember2021-01-012021-03-310001411342us-gaap:ShortMemberus-gaap:CorporateDebtSecuritiesMember2020-12-310001411342us-gaap:ShortMemberus-gaap:CorporateDebtSecuritiesMembersrt:WeightedAverageMember2020-12-310001411342us-gaap:ShortMemberus-gaap:CorporateDebtSecuritiesMembersrt:WeightedAverageMember2021-01-012021-03-310001411342us-gaap:ShortMemberus-gaap:ForeignGovernmentDebtMember2020-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMemberus-gaap:ForeignGovernmentDebtMember2020-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMemberus-gaap:ForeignGovernmentDebtMember2021-01-012021-03-310001411342us-gaap:ShortMember2020-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMember2020-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMember2021-01-012021-03-310001411342srt:WeightedAverageMember2020-12-310001411342srt:WeightedAverageMember2021-01-012021-03-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:LessthanthreeyearsMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:LessthanthreeyearsMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthanthreeyearslessthansevenyearsMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanelevenyearMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanelevenyearMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthanelevenyearMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthanelevenyearMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:LessthanthreeyearsMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:LessthanthreeyearsMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthanthreeyearslessthansevenyearsMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanelevenyearMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanelevenyearMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthanelevenyearMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthanelevenyearMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMember2020-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:InterestOnlyStripMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:LessthanthreeyearsMemberus-gaap:LongMember2021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:InterestOnlyStripMemberefc:LessthanthreeyearsMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:InterestOnlyStripMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342efc:LessthanthreeyearsMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:LessthanthreeyearsMembersrt:WeightedAverageMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthanthreeyearslessthansevenyearsMemberus-gaap:LongMember2021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthanthreeyearslessthansevenyearsMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342efc:GreaterthanthreeyearslessthansevenyearsMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMember2021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342efc:GreaterthansevenyearslessthanelevenMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthanelevenyearMemberus-gaap:LongMember2021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthanelevenyearMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthanelevenyearMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthanelevenyearMembersrt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342efc:GreaterthanelevenyearMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:GreaterthanelevenyearMembersrt:WeightedAverageMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMemberus-gaap:LongMember2021-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:InterestOnlyStripMembersrt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342srt:WeightedAverageMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:LessthanthreeyearsMemberus-gaap:LongMember2020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:InterestOnlyStripMemberefc:LessthanthreeyearsMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:InterestOnlyStripMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342efc:LessthanthreeyearsMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2020-12-310001411342efc:LessthanthreeyearsMembersrt:WeightedAverageMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthanthreeyearslessthansevenyearsMemberus-gaap:LongMember2020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthanthreeyearslessthansevenyearsMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342efc:GreaterthanthreeyearslessthansevenyearsMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2020-12-310001411342efc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMember2020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342efc:GreaterthansevenyearslessthanelevenMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2020-12-310001411342efc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthanelevenyearMemberus-gaap:LongMember2020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberefc:GreaterthanelevenyearMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthanelevenyearMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthanelevenyearMembersrt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342efc:GreaterthanelevenyearMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2020-12-310001411342efc:GreaterthanelevenyearMembersrt:WeightedAverageMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMemberus-gaap:LongMember2020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMemberus-gaap:LongMember2020-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342us-gaap:InterestOnlyStripMembersrt:WeightedAverageMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2020-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2020-12-310001411342srt:WeightedAverageMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2020-12-310001411342us-gaap:USGovernmentAgenciesDebtSecuritiesMember2021-01-012021-12-310001411342us-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-01-012020-12-310001411342us-gaap:USGovernmentAgenciesDebtSecuritiesMember2019-01-012019-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2021-01-012021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2020-01-012020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2019-01-012019-12-310001411342us-gaap:CollateralizedLoanObligationsMember2021-01-012021-12-310001411342us-gaap:CollateralizedLoanObligationsMember2020-01-012020-12-310001411342us-gaap:CollateralizedLoanObligationsMember2019-01-012019-12-310001411342efc:OtherInvestmentSecuritiesMember2021-01-012021-12-310001411342efc:OtherInvestmentSecuritiesMember2020-01-012020-12-310001411342efc:OtherInvestmentSecuritiesMember2019-01-012019-12-310001411342us-gaap:SecuritiesInvestmentMember2021-01-012021-12-310001411342us-gaap:SecuritiesInvestmentMember2020-01-012020-12-310001411342us-gaap:SecuritiesInvestmentMember2019-01-012019-12-3100014113422021-10-012021-12-310001411342us-gaap:USGovernmentAgenciesDebtSecuritiesMember2021-12-310001411342us-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:CollateralizedLoanObligationsMember2021-12-310001411342us-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-12-310001411342us-gaap:ResidentialMortgageBackedSecuritiesMember2020-12-310001411342us-gaap:CollateralizedLoanObligationsMember2020-12-310001411342efc:OtherInvestmentSecuritiesMember2020-12-3100014113422021-01-012021-03-3100014113422020-01-012020-03-310001411342us-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:ResidentialMortgageMember2020-12-310001411342efc:CommercialMortgageLoansMember2021-12-310001411342efc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:ConsumerLoanMember2021-12-310001411342us-gaap:ConsumerLoanMember2020-12-310001411342efc:CorporateloanMember2021-12-310001411342efc:CorporateloanMember2020-12-310001411342us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ResidentialMortgageMemberefc:NonaccrualstatusMember2021-12-310001411342us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberus-gaap:ResidentialMortgageMemberefc:NonaccrualstatusMember2020-12-310001411342us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberefc:NonaccrualstatusMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberefc:NonaccrualstatusMemberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberefc:NonaccrualstatusMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMemberefc:NonaccrualstatusMember2020-12-310001411342us-gaap:ResidentialMortgageMemberefc:LoansheldforinvestmentMember2021-12-310001411342us-gaap:ResidentialMortgageMemberefc:LoansheldforinvestmentMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:ResidentialMortgageMemberefc:LoansheldforinvestmentMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberefc:LoansHeldForSaleMember2021-12-310001411342us-gaap:ResidentialMortgageMembersrt:WeightedAverageMemberefc:LoansHeldForSaleMember2021-12-310001411342us-gaap:ResidentialMortgageMembersrt:WeightedAverageMemberefc:LoansHeldForSaleMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberefc:NonQMloansecuritizationMemberefc:SecuritizedloansMemberus-gaap:ConsolidatedEntitiesMember2021-12-310001411342us-gaap:ResidentialMortgageMemberefc:ConsolidatedsecuritizationtrustsMember2021-12-310001411342us-gaap:ResidentialMortgageMemberefc:LoansheldforinvestmentMember2020-12-310001411342us-gaap:ResidentialMortgageMemberefc:LoansheldforinvestmentMembersrt:WeightedAverageMember2020-12-310001411342us-gaap:ResidentialMortgageMemberefc:LoansheldforinvestmentMembersrt:WeightedAverageMember2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberefc:NonQMloansecuritizationMemberefc:SecuritizedloansMemberus-gaap:ConsolidatedEntitiesMember2020-12-310001411342us-gaap:ResidentialMortgageMemberefc:ConsolidatedsecuritizationtrustsMember2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberstpr:CAefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberstpr:CAefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-03-310001411342stpr:FLus-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-12-310001411342stpr:FLus-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-03-310001411342stpr:TXus-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-12-310001411342stpr:TXus-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-03-310001411342stpr:UTus-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-12-310001411342stpr:UTus-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:MA2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:MA2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:AZ2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:AZ2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:CO2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:CO2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberstpr:ILus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberstpr:ILus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberstpr:NVus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberstpr:NVus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberstpr:ORus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberstpr:ORus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberstpr:NCus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberstpr:NCus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:NY2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:NY2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberstpr:TNefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberstpr:TNefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:GA2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:GA2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberstpr:WAefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberstpr:WAefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:CT2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:CT2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:NJ2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:NJ2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:MD2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:MD2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:OtherStatesMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:OtherStatesMember2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMember2021-01-012021-03-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2020-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:NonperformingFinancingReceivableMember2021-12-310001411342us-gaap:ResidentialMortgageMemberus-gaap:NonperformingFinancingReceivableMember2020-12-310001411342us-gaap:ResidentialMortgageMemberefc:LoansheldforinvestmentMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMemberefc:LoansheldforinvestmentMember2020-01-012020-12-310001411342srt:WeightedAverageMemberefc:CommercialMortgageLoansMember2021-12-310001411342srt:WeightedAverageMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:NonperformingFinancingReceivableMemberefc:NonaccrualstatusMemberefc:CommercialMortgageLoansMember2021-12-310001411342srt:WeightedAverageMemberefc:CommercialMortgageLoansMember2020-12-310001411342srt:WeightedAverageMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342efc:NonaccrualstatusMemberefc:CommercialMortgageLoansMember2020-12-310001411342stpr:FLus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342stpr:FLus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:NYefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:NYefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:AZefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:AZefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:TNefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:TNefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342stpr:OHus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342stpr:OHus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:MOefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:MOefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342stpr:NCus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342stpr:NCus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:NJefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:NJefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342stpr:MIus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342stpr:MIus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:CTefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:CTefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342stpr:NHus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342stpr:NHus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:MAefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:MAefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:CAefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:CAefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342stpr:VAus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342stpr:VAus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342stpr:INus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342stpr:INus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342stpr:NVus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342stpr:NVus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342stpr:ILus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342stpr:ILus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberefc:CommercialMortgageLoansMember2021-01-012021-03-310001411342us-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2021-12-31efc:loan0001411342us-gaap:NonperformingFinancingReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:ConsumerLoanMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:ConsumerLoanMembersrt:WeightedAverageMember2021-01-012021-03-310001411342us-gaap:ConsumerLoanMemberus-gaap:FinancingReceivables1To29DaysPastDueMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FinancingReceivables1To29DaysPastDueMember2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FinancingReceivables30To59DaysPastDueMember2020-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:FinancingReceivables60To89DaysPastDueMember2020-12-310001411342us-gaap:ConsumerLoanMemberefc:FinancingReceivables90to119DaysPastDueMember2021-12-310001411342us-gaap:ConsumerLoanMemberefc:FinancingReceivables90to119DaysPastDueMember2020-12-310001411342us-gaap:ConsumerLoanMemberefc:FinancingReceivablesEqualtoGreaterthan120DaysPastDueMember2021-12-310001411342us-gaap:ConsumerLoanMemberefc:FinancingReceivablesEqualtoGreaterthan120DaysPastDueMember2020-12-310001411342us-gaap:ConsumerLoanMember2021-01-012021-12-310001411342us-gaap:ConsumerLoanMember2020-01-012020-12-310001411342us-gaap:ConsumerLoanMember2021-01-012021-03-310001411342us-gaap:ConsumerLoanMemberefc:LoansheldforinvestmentMember2021-01-012021-12-310001411342us-gaap:ConsumerLoanMemberefc:LoansheldforinvestmentMember2020-01-012020-12-310001411342us-gaap:ConsumerLoanMember2019-01-012019-12-310001411342srt:WeightedAverageMemberefc:CorporateloanMember2021-12-310001411342srt:WeightedAverageMemberefc:CorporateloanMember2021-01-012021-12-310001411342srt:WeightedAverageMemberefc:CorporateloanMember2020-12-310001411342srt:WeightedAverageMemberefc:CorporateloanMember2021-01-012021-03-310001411342us-gaap:ResidentialMortgageMemberefc:LoansheldforinvestmentMember2021-01-012021-03-310001411342us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2021-12-310001411342us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember2020-12-310001411342efc:LongbridgeFinancialLLCMember2021-12-310001411342efc:LongbridgeFinancialLLCMember2020-12-310001411342efc:LendSureMortgageCorpMember2021-12-310001411342efc:LendSureMortgageCorpMember2020-12-310001411342efc:LoanOriginatorOtherMember2020-12-310001411342efc:ElizonDB20151LLCMember2021-12-310001411342efc:ElizonDB20151LLCMember2020-12-310001411342efc:ElizonNMCRE20201LLCMember2021-12-31