Consolidated Statement Of Assets, Liabilities And Shareholders' Equity (USD $) In Thousands, except Per Share data	Sep. 30, 2011	Dec. 31, 2010
ASSETS
Cash and cash equivalents	$ 41,611	$ 35,791
Investments, financial derivatives and repurchase agreements:
Investments at value (Cost - $1,310,625 and $1,232,484)	1,302,351	1,246,067
Financial derivatives - assets (Cost - $119,307 and $208,958)	111,405	201,335
Repurchase agreements (Cost - $18,035 and $25,684)	18,035	25,684
Total investments, financial derivatives and repurchase agreements	1,431,791	1,473,086
Deposits with dealers held as collateral	36,669	20,394
Receivable for securities sold	890,429	799,142
Interest and principal receivable	7,598	5,909
Other assets	234
Total Assets	2,408,332	2,334,322
LIABILITIES
Investments sold short at value (Proceeds - $562,607 and $775,782)	562,670	775,145
Financial derivatives - liabilities (Net Proceeds - $13,825 and $17,718)	34,988	21,030
Total investments and financial derivatives	597,658	796,175
Reverse repurchase agreements	884,216	777,760
Due to brokers on margin accounts	92,064	166,409
Payable for securities purchased	453,464	184,013
Accounts payable and accrued expenses	1,888	2,485
Accrued base management fee	1,418	1,525
Accrued incentive fees		1,422
Interest and dividends payable	950	861
Total Liabilities	2,031,658	1,930,650
SHAREHOLDERS' EQUITY	376,674	403,672
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	2,408,332	2,334,322
ANALYSIS OF SHAREHOLDERS' EQUITY:
Common shares, no par value, 100,000,000 shares authorized; (16,489,881 and 16,498,342 shares issued and outstanding)	367,804	394,918
Additional paid-in capital - LTIP units	8,870	8,754
Total Shareholders' Equity	$ 376,674	$ 403,672
PER SHARE INFORMATION:
Common shares, no par value	$ 22.84	$ 24.47