On a textbook, I've arrived at the following function:
$\displaystyle \phi(z)=\log{\frac{|z-\sqrt{(z²-1})|}{2}}$
and it says that the formula has a simple interpretation: the level curves of $\phi(z)$ are the ellipses with foci $-1, 1$. I know the problem is reduced to proving $|z-\sqrt{(z²-1})| = k$ is an ellipse, $k$ constant, but I don't know why this is true. So, my question is: Why is this an ellipse?