Consolidated VIEs (Details) - USD ($) $ in Thousands		Sep. 30, 2025		Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024		Sep. 30, 2024		Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents		$ 184,809	[1]			$ 192,387	[1]	$ 217,725	[1]			$ 228,927
Restricted cash		20,769	[1]			16,561	[1]	10,578	[1]			1,618
Securities, at fair value(1)(2)	[1],[2]	909,851				962,254
Loans, at fair value(1)(2)	[1],[2]	15,531,299				13,999,572
Forward MSR-related investments, at fair value(1)		74,694	[1]	$ 81,256		77,848	[1]	149,831		$ 158,031		163,336
Investments in unconsolidated entities, at fair value(1)	[1]	287,686				220,078
Real estate owned(1)(2)	[1],[2]	52,083				46,661
Investment related receivables(1)	[1]	159,614				189,081
Other assets(1)	[1]	28,276				32,804
Total Assets		17,844,548				16,317,028
Liabilities
Repurchase agreements(1)	[1]	2,800,964				2,584,040
Investment related payables		41,321				22,714
Other secured borrowings(1)	[1]	189,203				253,300
Other secured borrowings, at fair value(1)	[1]	2,213,994				1,934,309
Interest payable(1)	[1]	20,612				17,956
Accrued expenses and other liabilities(1)	[1]	50,478				38,566
Liabilities		16,048,728				14,726,206
Total Stockholders' Equity		1,765,721				1,570,476
Non-controlling interests(1)	[1]	30,099				20,346
Total Equity		1,795,820		$ 1,689,510	$ 1,637,616	1,590,822		$ 1,625,649		$ 1,573,859	$ 1,553,156	$ 1,535,612
Total Liabilities and Equity		17,844,548				16,317,028
Primary Beneficiary
Assets
Cash and cash equivalents		667				1,333
Restricted cash		19,164				14,958
Securities, at fair value(1)(2)		54,056				60,227
Loans, at fair value(1)(2)		4,698,242				4,460,201
Forward MSR-related investments, at fair value(1)		31,930				30,395
Investments in unconsolidated entities, at fair value(1)		107,679				102,152
Real estate owned(1)(2)		36,485				34,575
Investment related receivables(1)		27,857				24,974
Other assets(1)		2,581				365
Total Assets		4,978,661				4,729,180
Liabilities
Repurchase agreements(1)		1,697,333				1,779,853
Other secured borrowings(1)		39,013				34,771
Other secured borrowings, at fair value(1)		2,213,994				1,934,309
Interest payable(1)		4,458				4,078
Accrued expenses and other liabilities(1)		745				648
Liabilities		3,955,543				3,753,659
Total Stockholders' Equity		1,008,716				967,496
Non-controlling interests(1)		14,402				8,025
Total Equity		1,023,118				975,521
Total Liabilities and Equity		$ 4,978,661				$ 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.