Consolidated Statement Of Operations (USD $) In Thousands, except Per Share data	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
INVESTMENT INCOME
Interest income	$ 15,597	$ 10,859	$ 48,098	$ 33,574
EXPENSES
Base management fee	1,418	1,173	4,347	3,385
Incentive fee		2,524	612	3,007
Share-based LTIP expense	41	460	116	1,960
Interest expense	1,627	921	4,773	2,601
Professional fees	457	543	1,369	1,445
Compensation expense	428	210	1,079	710
Insurance expense	176	285	533	845
Agency and administration fees	225	185	715	531
Custody and other fees	191	167	707	426
Directors' fees and expenses	57	69	198	202
Total expenses	4,620	6,537	14,449	15,112
NET INVESTMENT INCOME (LOSS)	10,977	4,322	33,649	18,462
Net realized gain (loss) on:
Investments	1,570	(2,697)	(1,215)	9,618
Swaps	6,779	(3,868)	17,971	3,352
Futures	(375)	(581)	(1,094)	(1,607)
Purchased options				(581)
Total net realized gain (loss) on investments and financial derivatives	7,974	(7,146)	15,662	10,782
Change in net unrealized gain (loss) on:
Investments	(9,003)	23,769	(22,555)	16,716
Swaps	(11,477)	(4,348)	(19,020)	(17,229)
Futures	369	(579)	890	(1,928)
Purchased options				542
Total net unrealized gain (loss) on investments and financial derivatives	(20,111)	18,842	(40,685)	(1,899)
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS AND FINANCIAL DERIVATIVES	(12,137)	11,696	(25,023)	8,883
NET INCREASE (DECREASE) IN SHAREHOLDERS' EQUITY RESULTING FROM OPERATIONS	$ (1,160)	$ 16,018	$ 8,626	$ 27,345
NET INCREASE (DECREASE) IN SHAREHOLDERS' EQUITY RESULTING FROM OPERATIONS PER SHARE:
Basic and Diluted	$ (0.07)	$ 1.30	$ 0.51	$ 2.21