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Ellington Financial (Ellington Financial) Long-Term Capital Lease Obligation : $0.0 Mil (As of Mar. 2024)


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What is Ellington Financial Long-Term Capital Lease Obligation?

Ellington Financial's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil.


Ellington Financial Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ellington Financial's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ellington Financial Long-Term Capital Lease Obligation Chart

Ellington Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
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Ellington Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Ellington Financial  (NYSE:EFC) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Ellington Financial Long-Term Capital Lease Obligation Related Terms

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Ellington Financial (Ellington Financial) Business Description

Industry
Traded in Other Exchanges
Address
53 Forest Avenue, Old Greenwich, CT, USA, 06870
Ellington Financial Inc is a specialty finance company. Its primary investment objective is to generate attractive, risk-adjusted total returns for its shareholders by making investments. the Company has two reportable segments; The Investment Portfolio Segment is focused on investing in a diverse array of financial assets, including residential and commercial mortgage loans, residential mortgage-backed securities, non-mortgage- and mortgage-related derivatives, debt and equity investments in loan origination companies, and other strategic investments, and The Longbridge Segment is focused on the origination and servicing of reverse mortgage loans. it acquires reverse mortgage loans both through its origination activities and through secondary market purchases.
Executives
Lisa Mumford officer: Chief Financial Officer 6 BEACHWOOD COURT, DIX HILLS NY 11746
Stephen J Dannhauser director 122 WEST 55TH STREET, NEW YORK NY 10019
Laurence Penn director, officer: CEO and President 52 FOREST AVENUE, OLD GREENWICH CT 06870
Ronald I Simon director 485 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Michael W Vranos director, 10 percent owner, officer: Co-Chief Investment Officer 52 FOREST AVENUE, OLD GREENWICH CT 06870
Chris Smernoff officer: Chief Accounting Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
John Herlihy officer: Chief Financial Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Mark Tecotzky officer: Co-Chief Investment Officer 53 FOREST AVENUE, OLD GREENWICH CT 06870
Thomas F Robards director 666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Daniel R. Margolis officer: Secretary 53 FOREST AVENUE, OLD GREENWICH CT 06870
Edward Resendez director 52 FOREST AVENUE, OLD GREENWICH CT 06870
Vc Investments Llc 10 percent owner 53 FOREST AVENUE, 2ND FLOOR, OLD GREENWICH CT 06870
Emg Holdings, L.p. 10 percent owner 53 FOREST AVENUE, OLD GREENWICH CT 06870
Fbr Capital Markets Pt Inc 10 percent owner 1001 NINETEENTH STREET NORTH, ARLINGTON VA 22302