efc-20221231false2022FY000141134212/310.0010.001100,000,000100,000,00063,812,21557,458,16963,812,21557,458,1690.0010.001100,000,000100,000,0009,420,4219,400,0009,420,4219,400,000235,511235,0001,6122,5931,0510.5742.175.544.371.01.81.11.7890410958904115.7890410958904112.29589041095890423105.5917808219178116.789041095890411.35192.476.834.851.21.91.51.7890410958904111.7890410958904111.7890410958904115.789041095890411100.7890410958904129.49315068493150724.780.024.656.39.979.031.580.08.079.013.816.40.220.250.220.220.250.220.230.240.460020.00020.00011.30031.00014.10046.355.488.885.20.80000000—05.30.44,600,000154990028.20.4400000.512.383.04.257.8810/1/203411/1/20513.009.2511/1/204711/1/20493.007.377/1/20359/1/20556.997.7512/1/20485/1/20494.009.998/1/20464/1/20504.258.885/1/20462/1/20604.508.751/1/20473/1/20604.138.382/1/20477/1/20594.246.993/1/204711/1/20614.506.8811/1/20462/1/20605.756.5011/1/20486/1/20495.495.9911/1/20489/1/20594.254.997/1/204911/1/20612.0013.001/1/20231/1/20633.0013.001/1/20231/1/20633.2511.991/1/202311/1/20623.2512.001/1/202310/1/20623.1511.991/1/202310/1/20623.2511.991/1/20238/1/20623.2510.991/1/20231/1/20633.2710.251/1/20232/1/20623.2510.993/1/20234/1/20623.888.255/1/20234/1/20523.6311.003/1/202310/1/20527.759.502/1/20231/1/20533.2510.246/14/202312/1/20618.997/18/20237.9910.993/3/20236/1/20238.559.992/1/20234/6/202410.002/1/20248.501/1/20243.258.501/1/20477/1/20623.138.3812/1/20346/1/20623.008.0011/1/20476/1/20623.257.632/1/20375/1/20623.256.3810/1/20486/1/20623.256.8810/1/20485/1/20623.256.2511/1/20475/1/20623.256.884/1/20506/1/20623.256.384/1/20507/1/20623.635.9910/1/20509/1/20613.255.251/1/20511/1/20623.255.002/1/205111/1/20613.385.7510/1/20501/1/20624.504/1/20519/1/20619.9812.134/1/20239/1/20248.8612.231/1/20238/1/20248.0012.252/1/20231/1/202511.2514.573/1/202310.2310.612/1/20243/1/20241.3211.751.4411.752.5411.7511.3911.6411.6411.6411.3911.392.9910.242.8510.492.9910.499.4910.638.7510.388.3810.389.7510.498.998.998.998.999.389.3800014113422022-01-012022-12-310001411342us-gaap:CommonStockMember2022-01-012022-12-310001411342us-gaap:SeriesAPreferredStockMember2022-01-012022-12-310001411342us-gaap:SeriesBPreferredStockMember2022-01-012022-12-310001411342us-gaap:SeriesCPreferredStockMember2022-01-012022-12-3100014113422022-06-30iso4217:USD00014113422023-02-24xbrli:shares00014113422022-12-3100014113422021-12-31iso4217:USDxbrli:shares00014113422021-01-012021-12-3100014113422020-01-012020-12-3100014113422019-12-310001411342us-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:CommonStockMember2020-01-012020-12-310001411342us-gaap:AdditionalPaidInCapitalMember2020-01-012020-12-3100014113422020-12-310001411342us-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:CommonStockMember2021-01-012021-12-310001411342us-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:RetainedEarningsMember2022-01-012022-12-310001411342us-gaap:ParentMember2022-01-012022-12-310001411342us-gaap:NoncontrollingInterestMember2022-01-012022-12-310001411342us-gaap:CommonStockMemberus-gaap:CommonStockMember2022-01-012022-12-310001411342us-gaap:AdditionalPaidInCapitalMemberus-gaap:CommonStockMember2022-01-012022-12-310001411342us-gaap:CommonStockMemberus-gaap:ParentMember2022-01-012022-12-310001411342us-gaap:PreferredStockMember2022-01-012022-12-310001411342us-gaap:PreferredStockMemberus-gaap:ParentMember2022-01-012022-12-310001411342us-gaap:CommonStockMember2022-01-012022-12-310001411342us-gaap:AdditionalPaidInCapitalMember2022-01-012022-12-310001411342us-gaap:CommonStockMember2022-12-310001411342us-gaap:AdditionalPaidInCapitalMember2022-12-310001411342us-gaap:RetainedEarningsMember2022-12-310001411342us-gaap:ParentMember2022-12-310001411342us-gaap:NoncontrollingInterestMember2022-12-310001411342efc:EllingtonFinancialOperatingPartnershipLLCMemberus-gaap:ParentMember2022-12-31xbrli:pureefc:numberOfWarrants0001411342us-gaap:FinancialAssetsSoldUnderAgreementToRepurchaseMember2022-01-012022-12-310001411342efc:SecuritiesPurchasedunderAgreementstoResellMember2022-01-012022-12-310001411342efc:LongTermIncentivePlanUnitsMembersrt:DirectorMember2022-01-012022-12-310001411342efc:DedicatedorpartiallydedicatedpersonnelMembersrt:MinimumMemberefc:LongTermIncentivePlanUnitsMember2022-01-012022-12-310001411342efc:DedicatedorpartiallydedicatedpersonnelMemberefc:LongTermIncentivePlanUnitsMembersrt:MaximumMember2022-01-012022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateDebtSecuritiesMember2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateDebtSecuritiesMember2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMember2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMember2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:USTreasurySecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:USTreasurySecuritiesMember2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:ResidentialMortgageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageMember2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageMember2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CommercialMortgageLoansMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CommercialMortgageLoansMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CommercialMortgageLoansMember2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CommercialMortgageLoansMember2022-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CorporateloanMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberefc:CorporateloanMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CorporateloanMember2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CorporateloanMember2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:ReverseMortgageLoansMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:ReverseMortgageLoansMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:ReverseMortgageLoansMember2022-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:ReverseMortgageLoansMember2022-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Memberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2022-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342us-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342us-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FutureMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:SecuritiesSoldNotYetPurchasedMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMember2022-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMember2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMember2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMember2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Memberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Memberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:FutureMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:FutureMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FutureMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:FutureMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMember2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel1Member2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel2Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberefc:OthersecuredborrowingsMember2022-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:OthersecuredborrowingsMember2022-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateDebtSecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:CorporateDebtSecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMember2021-12-310001411342us-gaap:SecuritiesAssetsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:EquitySecuritiesMember2021-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CommercialMortgageLoansMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CommercialMortgageLoansMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CorporateloanMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberefc:CorporateloanMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CorporateloanMember2021-12-310001411342us-gaap:LoansReceivableMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CorporateloanMember2021-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:EquityMethodInvestmentsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Memberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2021-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342efc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342efc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342efc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:PutOptionMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:PutOptionMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:PutOptionMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:PutOptionMember2021-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:WarrantMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FutureMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:FutureMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Memberus-gaap:SecuritiesSoldNotYetPurchasedMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMember2021-12-310001411342efc:GovernmentdebtMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:SecuritiesSoldNotYetPurchasedMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnAssetBackedIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberefc:CreditDefaultSwapsOnCorporateBondsMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Memberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:CreditDefaultSwapsOnCorporateBondIndicesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Memberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberefc:TBAsecuritiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:FutureMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:FutureMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FutureMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:FutureMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMember2021-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForwardContractsMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel1Member2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:OthersecuredborrowingsMemberus-gaap:FairValueInputsLevel2Member2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMemberefc:OthersecuredborrowingsMember2021-12-310001411342us-gaap:FairValueMeasurementsRecurringMemberefc:OthersecuredborrowingsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MarketApproachValuationTechniqueMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:IncomeApproachValuationTechniqueMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputDiscountRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMembersrt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMembersrt:MinimumMemberus-gaap:MeasurementInputDefaultRateMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputDefaultRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMembersrt:MinimumMemberefc:MeasurementInputprojectedcollateralrecoveriesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberefc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberefc:MeasurementInputprojectedcollateralrecoveriesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:CommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:CommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:CommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MeasurementInputDefaultRateMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MeasurementInputDefaultRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberefc:MeasurementInputprojectedcollateralrecoveriesMemberus-gaap:CommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:MeasurementInputprojectedcollateralrecoveriesMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:MeasurementInputprojectedcollateralrecoveriesMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:IncomeApproachValuationTechniqueMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MeasurementInputDiscountRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:InterestOnlyStripMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:IncomeApproachValuationTechniqueMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputDiscountRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMembersrt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMembersrt:MinimumMemberus-gaap:MeasurementInputDefaultRateMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputDefaultRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateDebtandEquityMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateDebtandEquityMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateDebtandEquityMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateDebtandEquityMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2022-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2022-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:MaximumMember2022-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:PerformingFinancingReceivableMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:PerformingFinancingReceivableMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:PerformingFinancingReceivableMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:PerformingFinancingReceivableMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:WeightedAverageMember2022-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMember2022-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:MaximumMember2022-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateloanMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateloanMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateloanMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateloanMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:HECMLoansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:HECMLoansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:HECMLoansMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:HECMLoansMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:HECMLoansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:HECMLoansMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:HECMLoansMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:ProprietaryReverseMortgageLoansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:ProprietaryReverseMortgageLoansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:ProprietaryReverseMortgageLoansMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:ProprietaryReverseMortgageLoansMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:ProprietaryReverseMortgageLoansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:ProprietaryReverseMortgageLoansMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:ProprietaryReverseMortgageLoansMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:MortgageServicingRightsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberefc:MortgageServicingRightsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMemberefc:MortgageServicingRightsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMemberefc:MortgageServicingRightsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:MortgageServicingRightsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:MaximumMemberefc:MortgageServicingRightsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMemberefc:MortgageServicingRightsMember2022-12-310001411342efc:ServicingRelatedAssetMemberus-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMember2022-12-310001411342efc:ServicingRelatedAssetMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMember2022-12-310001411342efc:ServicingRelatedAssetMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMember2022-12-310001411342efc:ServicingRelatedAssetMemberus-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:LoanCommitmentsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberefc:MeasurementInputPullthroughRateMemberus-gaap:MarketApproachValuationTechniqueMemberefc:LoanCommitmentsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:MeasurementInputPullthroughRateMemberus-gaap:MarketApproachValuationTechniqueMemberefc:LoanCommitmentsMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:MeasurementInputPullthroughRateMemberus-gaap:MarketApproachValuationTechniqueMemberefc:LoanCommitmentsMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberefc:LoanCommitmentsMemberefc:MeasurementInputCostToOriginateLoanMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:LoanCommitmentsMemberefc:MeasurementInputCostToOriginateLoanMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:LoanCommitmentsMemberefc:MeasurementInputCostToOriginateLoanMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:EnterpriseValueMemberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:EnterpriseValueMemberefc:MeasurementInputNetAssetValueMemberus-gaap:EquityMethodInvestmentsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputExercisePriceMemberus-gaap:CostApproachValuationTechniqueMemberus-gaap:EquityMethodInvestmentsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:MeasurementInputprojectedcollateralrecoveriesMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:MeasurementInputprojectedcollateralrecoveriesMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:MeasurementInputprojectedcollateralrecoveriesMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputQuotedPriceMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputQuotedPriceMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputQuotedPriceMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputPrepaymentRateMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:HMBSRelatedObligationsMemberus-gaap:MarketApproachValuationTechniqueMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberefc:HMBSRelatedObligationsMemberus-gaap:MarketApproachValuationTechniqueMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberefc:HMBSRelatedObligationsMemberus-gaap:MarketApproachValuationTechniqueMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberefc:HMBSRelatedObligationsMemberus-gaap:MarketApproachValuationTechniqueMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberefc:HMBSRelatedObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:HMBSRelatedObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:HMBSRelatedObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:SeniorNotesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:SeniorNotesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:SeniorNotesMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:SeniorNotesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:NonperformingsecuritizedresidentialmortgageloansMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MarketApproachValuationTechniqueMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:IncomeApproachValuationTechniqueMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputDiscountRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMembersrt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMembersrt:MinimumMemberus-gaap:MeasurementInputDefaultRateMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputDefaultRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMembersrt:MinimumMemberefc:MeasurementInputprojectedcollateralrecoveriesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberefc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberefc:MeasurementInputprojectedcollateralrecoveriesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MeasurementInputDefaultRateMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MeasurementInputDefaultRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CommercialMortgageBackedSecuritiesMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberefc:MeasurementInputprojectedcollateralrecoveriesMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:MeasurementInputprojectedcollateralrecoveriesMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:MeasurementInputprojectedcollateralrecoveriesMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:IncomeApproachValuationTechniqueMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MeasurementInputDiscountRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMembersrt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMembersrt:MinimumMemberus-gaap:MeasurementInputDefaultRateMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MeasurementInputDefaultRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMembersrt:MinimumMemberefc:MeasurementInputprojectedcollateralrecoveriesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberefc:MeasurementInputprojectedcollateralrecoveriesMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberefc:MeasurementInputprojectedcollateralrecoveriesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:InterestOnlyStripMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:MeasurementInputPrepaymentRateMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:IncomeApproachValuationTechniqueMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputDiscountRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputDiscountRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMembersrt:MinimumMemberus-gaap:MeasurementInputPrepaymentRateMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMembersrt:MinimumMemberus-gaap:MeasurementInputDefaultRateMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputDefaultRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateDebtandEquityMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateDebtandEquityMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateDebtandEquityMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateDebtandEquityMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputExercisePriceMemberus-gaap:CostApproachValuationTechniqueMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:PerformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2021-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2021-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:MaximumMember2021-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:PerformingFinancingReceivableMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:PerformingFinancingReceivableMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:PerformingFinancingReceivableMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:PerformingFinancingReceivableMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:WeightedAverageMember2021-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMember2021-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:MaximumMember2021-12-310001411342efc:MeasurementInputRecoveryAmountMemberus-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:CorporateloanMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberefc:CorporateloanMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberefc:CorporateloanMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputQuotedPriceMemberefc:CorporateloanMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateloanMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:CorporateloanMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateloanMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateloanMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CorporateloanMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:EnterpriseValueMemberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:EnterpriseValueMemberefc:MeasurementInputNetAssetValueMemberus-gaap:EquityMethodInvestmentsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputExercisePriceMemberus-gaap:CostApproachValuationTechniqueMemberus-gaap:EquityMethodInvestmentsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputPrepaymentRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MeasurementInputDefaultRateMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:MeasurementInputprojectedcollateralrecoveriesMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:MeasurementInputprojectedcollateralrecoveriesMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:MeasurementInputprojectedcollateralrecoveriesMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputQuotedPriceMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputQuotedPriceMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputQuotedPriceMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputPrepaymentRateMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberefc:OthersecuredborrowingsMemberus-gaap:MeasurementInputPrepaymentRateMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:NonperformingsecuritizedresidentialmortgageloansMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:CorporateDebtMemberus-gaap:SecuritiesAssetsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:CorporateDebtMemberus-gaap:SecuritiesAssetsMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:CorporateDebtMemberus-gaap:SecuritiesAssetsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:EquitySecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:EquitySecuritiesMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:EquitySecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:ResidentialMortgageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CorporateloanMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CorporateloanMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CorporateloanMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:ReverseMortgageLoansMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:ReverseMortgageLoansMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:ReverseMortgageLoansMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:MortgageServicingRightsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:MortgageServicingRightsMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:MortgageServicingRightsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:ServicingRelatedAssetMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:ServicingRelatedAssetMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:ServicingRelatedAssetMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:LoanCommitmentsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:LoanCommitmentsMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:LoanCommitmentsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Member2021-12-310001411342us-gaap:FairValueInputsLevel3Member2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Member2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:OthersecuredborrowingsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:OthersecuredborrowingsMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:OthersecuredborrowingsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LongTermDebtMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LongTermDebtMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LongTermDebtMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:HMBSRelatedObligationsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:HMBSRelatedObligationsMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:HMBSRelatedObligationsMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsAssetsMember2022-01-012022-12-310001411342us-gaap:SeniorNotesMemberus-gaap:FairValueInputsLevel3Member2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:CorporateDebtMemberus-gaap:SecuritiesAssetsMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:CorporateDebtMemberus-gaap:SecuritiesAssetsMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:EquitySecuritiesMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:EquitySecuritiesMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:ResidentialMortgageMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:ResidentialMortgageMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CorporateloanMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CorporateloanMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-12-310001411342us-gaap:FairValueInputsLevel3Member2020-12-310001411342us-gaap:FairValueInputsLevel3Member2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:OthersecuredborrowingsMember2020-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:OthersecuredborrowingsMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsAssetsMember2021-01-012021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:SecuritiesAssetsMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:CommercialMortgageBackedSecuritiesMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:CollateralizedLoanObligationsMemberus-gaap:SecuritiesAssetsMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:AssetBackedSecuritiesMemberus-gaap:SecuritiesAssetsMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:CorporateDebtMemberus-gaap:SecuritiesAssetsMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:CorporateDebtMemberus-gaap:SecuritiesAssetsMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:EquitySecuritiesMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMemberus-gaap:EquitySecuritiesMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:ResidentialMortgageMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberus-gaap:ResidentialMortgageMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CommercialMortgageLoansMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:ConsumerLoanMemberus-gaap:LoansReceivableMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CorporateloanMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMemberefc:CorporateloanMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:EquityMethodInvestmentsMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsAssetsMemberefc:CreditDefaultSwapsOnAssetBackedSecuritiesMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Member2019-12-310001411342us-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:TotalReturnSwapMemberus-gaap:DerivativeFinancialInstrumentsLiabilitiesMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:OthersecuredborrowingsMember2019-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:OthersecuredborrowingsMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:SecuritiesAssetsMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:LoansReceivableMember2020-01-012020-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:DerivativeFinancialInstrumentsAssetsMember2020-01-012020-12-310001411342us-gaap:DerivativeFinancialInstrumentsLiabilitiesMemberus-gaap:FairValueInputsLevel3Member2020-01-012020-12-310001411342us-gaap:EstimateOfFairValueFairValueDisclosureMember2022-12-310001411342us-gaap:CarryingReportedAmountFairValueDisclosureMember2022-12-310001411342us-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001411342us-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:LIBOROASMembersrt:MinimumMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:LIBOROASMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:MaximumMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:LIBOROASMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:NetLIBOROASMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342efc:MeasurementInputEquityMultipleMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMember2022-12-310001411342efc:MeasurementInputEquityMultipleMemberus-gaap:FairValueInputsLevel3Memberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMembersrt:MaximumMember2022-12-310001411342efc:MeasurementInputEquityMultipleMemberus-gaap:FairValueInputsLevel3Memberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:MaximumMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:MaximumMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:LIBOROASMembersrt:MinimumMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:LIBOROASMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:MaximumMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberefc:LIBOROASMemberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:InterestOnlyStripMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:NetLIBOROASMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342efc:MeasurementInputEquityMultipleMemberus-gaap:FairValueInputsLevel3Membersrt:MinimumMemberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMember2021-12-310001411342efc:MeasurementInputEquityMultipleMemberus-gaap:FairValueInputsLevel3Memberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMembersrt:MaximumMember2021-12-310001411342efc:MeasurementInputEquityMultipleMemberus-gaap:FairValueInputsLevel3Memberefc:MeasurementInputEquityPricetoBookMemberus-gaap:EquityMethodInvestmentsMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMember2022-01-012022-03-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:MaximumMember2022-01-012022-03-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberefc:CommercialMortgageLoansMemberus-gaap:NonperformingFinancingReceivableMembersrt:WeightedAverageMember2022-01-012022-03-310001411342us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:MaximumMember2022-01-012022-03-310001411342us-gaap:FairValueInputsLevel3Memberus-gaap:IncomeApproachValuationTechniqueMemberus-gaap:NonperformingFinancingReceivableMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2022-01-012022-03-310001411342us-gaap:LongMemberefc:FixedRateResidentialMortgages15YearMember2022-12-310001411342us-gaap:LongMemberefc:FixedRateResidentialMortgages15YearMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberefc:FixedRateResidentialMortgages15YearMembersrt:WeightedAverageMember2022-01-012022-12-310001411342efc:FixedRateResidentialMortgages20YearMemberus-gaap:LongMember2022-12-310001411342efc:FixedRateResidentialMortgages20YearMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342efc:FixedRateResidentialMortgages20YearMemberus-gaap:LongMembersrt:WeightedAverageMember2022-01-012022-12-310001411342efc:FixedRateResidentialMortgages30YearMemberus-gaap:LongMember2022-12-310001411342efc:FixedRateResidentialMortgages30YearMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342efc:FixedRateResidentialMortgages30YearMemberus-gaap:LongMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:LongMemberus-gaap:AdjustableRateResidentialMortgageMember2022-12-310001411342us-gaap:LongMemberus-gaap:AdjustableRateResidentialMortgageMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberus-gaap:AdjustableRateResidentialMortgageMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:LongMemberefc:ReverseMortgagesMember2022-12-310001411342us-gaap:LongMemberefc:ReverseMortgagesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberefc:ReverseMortgagesMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:LongMemberus-gaap:InterestOnlyStripMember2022-12-310001411342us-gaap:LongMemberus-gaap:InterestOnlyStripMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberus-gaap:InterestOnlyStripMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:LongMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:LongMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:LongMemberus-gaap:CommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:LongMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2022-01-012022-12-310001411342efc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMember2022-12-310001411342efc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342efc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMember2022-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:LongMember2022-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:LongMember2022-12-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:LongMemberus-gaap:EquitySecuritiesMember2022-12-310001411342us-gaap:LongMemberus-gaap:USTreasurySecuritiesMember2022-12-310001411342us-gaap:LongMemberus-gaap:USTreasurySecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberus-gaap:USTreasurySecuritiesMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:LongMember2022-12-310001411342us-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:ShortMemberus-gaap:USTreasurySecuritiesMember2022-12-310001411342us-gaap:ShortMemberus-gaap:USTreasurySecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:ShortMemberus-gaap:USTreasurySecuritiesMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:ShortMemberus-gaap:ForeignGovernmentDebtMember2022-12-310001411342us-gaap:ShortMemberus-gaap:ForeignGovernmentDebtMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:ShortMemberus-gaap:ForeignGovernmentDebtMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:ShortMember2022-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMember2022-01-012022-12-310001411342srt:WeightedAverageMember2022-12-310001411342srt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:LongMemberefc:FixedRateResidentialMortgages15YearMember2021-12-310001411342us-gaap:LongMemberefc:FixedRateResidentialMortgages15YearMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:LongMemberefc:FixedRateResidentialMortgages15YearMembersrt:WeightedAverageMember2021-01-012021-12-310001411342efc:FixedRateResidentialMortgages20YearMemberus-gaap:LongMember2021-12-310001411342efc:FixedRateResidentialMortgages20YearMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342efc:FixedRateResidentialMortgages20YearMemberus-gaap:LongMembersrt:WeightedAverageMember2021-01-012021-12-310001411342efc:FixedRateResidentialMortgages30YearMemberus-gaap:LongMember2021-12-310001411342efc:FixedRateResidentialMortgages30YearMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342efc:FixedRateResidentialMortgages30YearMemberus-gaap:LongMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:LongMemberus-gaap:AdjustableRateResidentialMortgageMember2021-12-310001411342us-gaap:LongMemberus-gaap:AdjustableRateResidentialMortgageMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:LongMemberus-gaap:AdjustableRateResidentialMortgageMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:LongMemberefc:ReverseMortgagesMember2021-12-310001411342us-gaap:LongMemberefc:ReverseMortgagesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:LongMemberefc:ReverseMortgagesMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:LongMemberus-gaap:InterestOnlyStripMember2021-12-310001411342us-gaap:LongMemberus-gaap:InterestOnlyStripMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:LongMemberus-gaap:InterestOnlyStripMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:LongMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:LongMemberus-gaap:CommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:LongMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:LongMemberus-gaap:CommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2021-01-012021-12-310001411342efc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342efc:NonAgencyInterestOnlySecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMember2021-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:CollateralizedLoanObligationsMemberus-gaap:LongMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:LongMember2021-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:AssetBackedSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:LongMember2021-12-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:CorporateDebtSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:LongMemberus-gaap:EquitySecuritiesMember2021-12-310001411342us-gaap:LongMember2021-12-310001411342us-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:LongMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:ShortMemberus-gaap:CorporateDebtSecuritiesMember2021-12-310001411342us-gaap:ShortMemberus-gaap:CorporateDebtSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:ShortMemberus-gaap:CorporateDebtSecuritiesMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:ShortMemberus-gaap:ForeignGovernmentDebtMember2021-12-310001411342us-gaap:ShortMemberus-gaap:ForeignGovernmentDebtMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:ShortMemberus-gaap:ForeignGovernmentDebtMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:ShortMember2021-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:ShortMembersrt:WeightedAverageMember2021-01-012021-12-310001411342srt:WeightedAverageMember2021-12-310001411342srt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:LongMemberefc:LessthanthreeyearsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:LongMemberefc:LessthanthreeyearsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:LessthanthreeyearsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:LessthanthreeyearsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMember2022-12-310001411342us-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMember2022-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMember2022-12-310001411342efc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342efc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2022-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberefc:LessthanthreeyearsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:LongMemberefc:LessthanthreeyearsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:LessthanthreeyearsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:LessthanthreeyearsMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMember2021-12-310001411342us-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMember2021-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMember2021-12-310001411342efc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342efc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember2021-12-310001411342us-gaap:InterestOnlyStripMemberus-gaap:LongMemberus-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:LongMemberefc:LessthanthreeyearsMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:LongMemberefc:LessthanthreeyearsMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:LessthanthreeyearsMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMember2022-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMemberefc:LessthanthreeyearsMember2022-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMember2022-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMember2022-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMember2022-12-310001411342efc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2022-12-310001411342efc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMember2022-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMember2022-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2022-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMember2022-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342efc:GreaterthanelevenyearMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2022-12-310001411342efc:GreaterthanelevenyearMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMember2022-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2022-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:LongMemberefc:LessthanthreeyearsMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:LongMemberefc:LessthanthreeyearsMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:LessthanthreeyearsMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMember2021-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMemberefc:LessthanthreeyearsMember2021-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMemberefc:LessthanthreeyearsMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMember2021-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMember2021-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMemberefc:GreaterthanthreeyearslessthansevenyearsMembersrt:WeightedAverageMember2021-12-310001411342efc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2021-12-310001411342efc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMemberefc:GreaterthansevenyearslessthanelevenMembersrt:WeightedAverageMember2021-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMember2021-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberefc:GreaterthansevenyearslessthanelevenMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2021-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMember2021-12-310001411342efc:GreaterthanelevenyearMemberus-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342efc:GreaterthanelevenyearMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:GreaterthanelevenyearMemberefc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:LongMemberefc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMember2021-12-310001411342us-gaap:MortgageBackedSecuritiesIssuedByPrivateEnterprisesMemberus-gaap:InterestOnlyStripMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMember2021-12-310001411342efc:CollateralizedLoanObligationsAndOtherSecuritiesMemberus-gaap:LongMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:USGovernmentAgenciesDebtSecuritiesMember2022-01-012022-12-310001411342us-gaap:USGovernmentAgenciesDebtSecuritiesMember2021-01-012021-12-310001411342us-gaap:USGovernmentAgenciesDebtSecuritiesMember2020-01-012020-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2022-01-012022-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2021-01-012021-12-310001411342efc:ResidentialMortgageandCommercialMortgageBackedSecuritiesMember2020-01-012020-12-310001411342us-gaap:CollateralizedLoanObligationsMember2022-01-012022-12-310001411342us-gaap:CollateralizedLoanObligationsMember2021-01-012021-12-310001411342us-gaap:CollateralizedLoanObligationsMember2020-01-012020-12-310001411342efc:OtherInvestmentSecuritiesMember2022-01-012022-12-310001411342efc:OtherInvestmentSecuritiesMember2021-01-012021-12-310001411342efc:OtherInvestmentSecuritiesMember2020-01-012020-12-310001411342us-gaap:SecuritiesInvestmentMember2022-01-012022-12-310001411342us-gaap:SecuritiesInvestmentMember2021-01-012021-12-310001411342us-gaap:SecuritiesInvestmentMember2020-01-012020-12-310001411342us-gaap:USGovernmentAgenciesDebtSecuritiesMember2022-12-310001411342us-gaap:ResidentialMortgageBackedSecuritiesMember2022-12-310001411342us-gaap:CollateralizedLoanObligationsMember2022-12-310001411342efc:OtherInvestmentSecuritiesMember2022-12-310001411342us-gaap:USGovernmentAgenciesDebtSecuritiesMember2021-12-310001411342us-gaap:ResidentialMortgageBackedSecuritiesMember2021-12-310001411342us-gaap:CollateralizedLoanObligationsMember2021-12-310001411342us-gaap:ResidentialMortgageMember2022-12-310001411342us-gaap:ResidentialMortgageMember2021-12-310001411342efc:CommercialMortgageLoansMember2022-12-310001411342efc:CommercialMortgageLoansMember2021-12-310001411342us-gaap:ConsumerLoanMember2022-12-310001411342us-gaap:ConsumerLoanMember2021-12-310001411342efc:CorporateloanMember2022-12-310001411342efc:CorporateloanMember2021-12-310001411342efc:ReverseMortgageLoansMember2022-12-310001411342efc:ReverseMortgageLoansMember2021-12-310001411342efc:NonaccrualstatusMemberus-gaap:ResidentialMortgageMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-12-310001411342efc:NonaccrualstatusMemberus-gaap:ResidentialMortgageMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310001411342efc:CommercialMortgageLoansMemberefc:NonaccrualstatusMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-12-310001411342efc:CommercialMortgageLoansMemberefc:NonaccrualstatusMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310001411342us-gaap:ConsumerLoanMemberefc:NonaccrualstatusMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2022-12-310001411342us-gaap:ConsumerLoanMemberefc:NonaccrualstatusMemberus-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember2021-12-310001411342efc:LoansheldforinvestmentMemberus-gaap:ResidentialMortgageMember2022-12-310001411342efc:LoansheldforinvestmentMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2022-12-310001411342efc:LoansheldforinvestmentMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2022-01-012022-12-310001411342efc:LoansHeldForSaleMemberus-gaap:ResidentialMortgageMember2022-12-310001411342efc:LoansHeldForSaleMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2022-12-310001411342efc:LoansHeldForSaleMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2022-01-012022-12-310001411342us-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2022-12-310001411342us-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2022-01-012022-12-310001411342efc:NonQMloansecuritizationMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMemberus-gaap:ConsolidatedEntitiesMember2022-12-310001411342efc:ConsolidatedsecuritizationtrustsMemberus-gaap:ResidentialMortgageMember2022-12-310001411342efc:LoansheldforinvestmentMemberus-gaap:ResidentialMortgageMember2021-12-310001411342efc:LoansheldforinvestmentMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2021-12-310001411342efc:LoansheldforinvestmentMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2021-01-012021-12-310001411342efc:LoansHeldForSaleMemberus-gaap:ResidentialMortgageMember2021-12-310001411342efc:LoansHeldForSaleMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2021-12-310001411342efc:LoansHeldForSaleMemberus-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2021-01-012021-12-310001411342us-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2021-12-310001411342us-gaap:ResidentialMortgageMembersrt:WeightedAverageMember2021-01-012021-12-310001411342efc:NonQMloansecuritizationMemberus-gaap:ResidentialMortgageMemberefc:SecuritizedloansMemberus-gaap:ConsolidatedEntitiesMember2021-12-310001411342efc:ConsolidatedsecuritizationtrustsMemberus-gaap:ResidentialMortgageMember2021-12-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:CAefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:CAefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342stpr:FLus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342stpr:FLus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:TXefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:TXefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:UTefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:UTefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMemberstpr:AZ2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMemberstpr:AZ2022-01-012022-03-310001411342stpr:NCus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342stpr:NCus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342stpr:GAus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342stpr:GAus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:PAefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:PAefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342stpr:TNus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342stpr:TNus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMemberstpr:MA2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMemberstpr:MA2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:NVus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:NVus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMemberstpr:NJ2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMemberstpr:NJ2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMemberstpr:CO2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMemberstpr:CO2022-01-012022-03-310001411342stpr:WAus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342stpr:WAus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMemberstpr:IL2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMemberstpr:IL2022-01-012022-03-310001411342stpr:NYus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342stpr:NYus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342stpr:ORus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342stpr:ORus-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:OHus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberefc:FinancingReceivablesUnpaidPrincipalBalanceMemberstpr:OHus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:MDefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:MDefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:CTefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-12-310001411342us-gaap:GeographicConcentrationRiskMemberstpr:CTefc:FinancingReceivablesUnpaidPrincipalBalanceMemberus-gaap:ResidentialMortgageMember2022-01-012022-03-31