AGENCY DEBENTURES	6 Months Ended
Jun. 30, 2011
AGENCY DEBENTURES	3. AGENCY DEBENTURES At June 30, 2011, the Company owned Agency debentures with a carrying value of $703.1 million, including an unrealized gain of $141 thousand. At December 31, 2010, the Company owned Agency debentures with a carrying value of $1.1 billion, including an unrealized gain of $9.7 million. For the quarter and six months ended June 30, 2011, the Company sold or had called $125.8 million and $947.6 million, of Agency debentures, resulting in realized gains of $1.4 million and $7.7 million, respectively. For the quarter and six months ended June 30, 2010, the Company sold or had called $1.2 billion and $1.4 billion of agency debentures, resulting in a realized gain of $1.2 million.

3. AGENCY DEBENTURES

At June 30, 2011, the Company owned Agency debentures with a carrying value of $703.1 million, including an unrealized gain of $141 thousand. At December 31, 2010, the Company owned Agency debentures with a carrying value of $1.1 billion, including an unrealized gain of $9.7 million.

For the quarter and six months ended June 30, 2011, the Company sold or had called $125.8 million and $947.6 million, of Agency debentures, resulting in realized gains of $1.4 million and $7.7 million, respectively. For the quarter and six months ended June 30, 2010, the Company sold or had called $1.2 billion and $1.4 billion of agency debentures, resulting in a realized gain of $1.2 million.