Consolidated VIEs (Details) - USD ($) $ in Thousands		Jun. 30, 2025		Mar. 31, 2025	Dec. 31, 2024		Jun. 30, 2024		Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents		$ 211,013	[1]		$ 192,387	[1]	$ 198,513	[1]		$ 228,927
Restricted cash		19,617	[1]		16,561	[1]	6,098	[1]		1,618
Securities, at fair value(1)(2)	[1],[2]	938,454			962,254
Loans, at fair value(1)(2)	[1],[2]	14,668,365			13,999,572
Forward MSR-related investments, at fair value(1)		81,256	[1]	$ 87,203	77,848	[1]	158,031		$ 160,009	163,336
Investments in unconsolidated entities, at fair value(1)	[1]	307,722			220,078
Real estate owned(1)(2)	[1],[2]	48,821			46,661
Investment related receivables(1)	[1]	170,657			189,081
Other assets(1)	[1]	32,983			32,804
Total Assets		17,071,895			16,317,028
Liabilities
Repurchase agreements(1)	[1]	2,347,458			2,584,040
Investment related payables		42,767			22,714
Other secured borrowings(1)	[1]	340,289			253,300
Other secured borrowings, at fair value(1)	[1]	2,127,225			1,934,309
Interest payable(1)	[1]	17,482			17,956
Accrued expenses and other liabilities(1)	[1]	43,131			38,566
Liabilities		15,382,385			14,726,206
Total Stockholders' Equity		1,665,552			1,570,476
Non-controlling interests(1)	[1]	23,958			20,346
Total Equity		1,689,510		$ 1,637,616	1,590,822		$ 1,573,859		$ 1,553,156	$ 1,535,612
Total Liabilities and Equity		17,071,895			16,317,028
Primary Beneficiary
Assets
Cash and cash equivalents		1,135			1,333
Restricted cash		18,008			14,958
Securities, at fair value(1)(2)		55,186			60,227
Loans, at fair value(1)(2)		4,366,158			4,460,201
Forward MSR-related investments, at fair value(1)		34,300			30,395
Investments in unconsolidated entities, at fair value(1)		120,959			102,152
Real estate owned(1)(2)		37,136			34,575
Investment related receivables(1)		30,581			24,974
Other assets(1)		363			365
Total Assets		4,663,826			4,729,180
Liabilities
Repurchase agreements(1)		1,543,189			1,779,853
Other secured borrowings(1)		31,335			34,771
Other secured borrowings, at fair value(1)		2,127,225			1,934,309
Interest payable(1)		5,236			4,078
Accrued expenses and other liabilities(1)		1,365			648
Liabilities		3,708,350			3,753,659
Total Stockholders' Equity		947,083			967,496
Non-controlling interests(1)		8,393			8,025
Total Equity		955,476			975,521
Total Liabilities and Equity		$ 4,663,826			$ 4,729,180

[1] Ellington Financial Inc.'s Condensed Consolidated Balance Sheets include assets and liabilities of variable interest entities it has consolidated. See Note 12 for additional details on Ellington Financial Inc.'s consolidated variable interest entities.

[2] Includes assets pledged as collateral to counterparties. See Note 14 for additional details on the Company's borrowings and related collateral.