Consolidated Statement Of Assets, Liabilities And Shareholders' Equity (USD $) In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2012		Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 59,084		$ 62,737
Investments, financial derivatives, and repurchase agreements:
Investments at fair value (Cost – $1,328,153 and $1,234,203)	1,375,116		1,212,483
Financial derivatives – assets at fair value (Net cost – $65,860 and $118,281)	48,504		102,871
Repurchase agreements (Cost – $13,650 and $15,750)	13,650		15,750
Total investments, financial derivatives, and repurchase agreements	1,437,270		1,331,104
Deposits with dealers held as collateral	22,744		34,163
Receivable for securities sold	626,919		533,708
Interest and principal receivable	5,719		6,127
Other assets	379		216
Total Assets	2,152,115		1,968,055
Investments and financial derivatives:
Investments sold short at fair value (Proceeds – $621,048 and $459,013)	622,301		462,394
Financial derivatives – liabilities at fair value (Net proceeds – $13,171 and $9,636)	15,212		27,040
Total investments and financial derivatives	637,513		489,434
Reverse repurchase agreements	905,718		896,210
Due to brokers on margin accounts	30,954		79,735
Payable for securities purchased	57,333		127,517
Securitized debt (Proceeds – $1,311 and $0)	1,335		0
Accounts payable and accrued expenses	1,995		1,845
Base management fee payable	1,934		1,396
Incentive fee payable	7,343		0
Other payables	903		0
Interest and dividends payable	732		1,002
Total Liabilities	1,645,760		1,597,139
SHAREHOLDERS’ EQUITY	506,355		370,916
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	2,152,115		1,968,055
ANALYSIS OF SHAREHOLDERS’ EQUITY:
Common shares, no par value, 100,000,000 shares authorized; (20,370,469 and 16,447,651 shares issued and outstanding)	497,373		362,047
Additional paid-in capital – LTIP units	8,982		8,869
Total Shareholders’ Equity	$ 506,355		$ 370,916
PER SHARE INFORMATION:
Common shares (in usd per share)	$ 24.86	[1]	$ 22.55	[1]

[1] If all LTIP units previously issued were vested and exchanged for common shares as of December 31, 2012, 2011, and 2010, shareholders’ equity per share would be $24.38, $22.03, and $23.91, respectively.