Consolidated Statement Of Assets, Liabilities And Shareholders' Equity (USD $) In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2012		Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 69,223		$ 62,737
Investments, financial derivatives, and repurchase agreements:
Investments at fair value (Cost - $1,133,991 and $1,234,203)	1,165,644		1,212,483
Financial derivatives - assets at fair value (Cost - $75,677 and $118,281)	59,342		102,871
Repurchase agreements (Cost - $13,780 and $15,750)	13,780		15,750
Total investments, financial derivatives, and repurchase agreements	1,238,766		1,331,104
Deposits with dealers held as collateral	25,194		34,163
Receivable for securities sold	524,533		533,708
Interest and principal receivable	6,587		6,127
Other assets	497		216
Total Assets	1,864,800		1,968,055
Investments and financial derivatives:
Investments sold short at fair value (Proceeds - $455,057 and $459,013)	456,824		462,394
Financial derivatives - liabilities at fair value (Proceeds - $18,701 and $9,636)	20,165		27,040
Total investments and financial derivatives	476,989		489,434
Reverse repurchase agreements	660,933		896,210
Due to brokers on margin accounts	34,564		79,735
Payable for securities purchased	178,453		127,517
Securitized debt (Proceeds - $1,409 and $0)	1,439		0
Accounts payable and accrued expenses	1,627		1,845
Base management fee payable	1,913		1,396
Incentive fee payable	9,491		0
Interest and dividends payable	741		1,002
Total Liabilities	1,366,150		1,597,139
SHAREHOLDERS' EQUITY	498,650		370,916
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,864,800		1,968,055
ANALYSIS OF SHAREHOLDERS' EQUITY:
Common shares, no par value, 100,000,000 shares authorized; (20,483,696 and 16,447,651 shares issued and outstanding)	489,692		362,047
Additional paid-in capital - LTIP units	8,958		8,869
Total Shareholders' Equity	$ 498,650		$ 370,916
PER SHARE INFORMATION:
Common shares	$ 24.34	[1]	$ 22.55

[1] If all LTIP units previously issued were vested and exchanged for common shares as of September 30, 2012 and 2011, shareholders' equity per share would be $23.88 and $22.32, respectively.