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Consolidated Statement Of Changes In Shareholders' Equity (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM OPERATIONS      
Net investment income $ 24,187 $ 44,695 $ 24,787
Net realized gain (loss) on investments and financial derivatives (11,247) 26,831 25,161
Change in net unrealized gain (loss) on investments and financial derivatives 84,206 (61,199) (9,377)
Net increase in shareholders’ equity resulting from operations 97,146 10,327 40,571
CHANGE IN SHAREHOLDERS’ EQUITY RESULTING FROM SHAREHOLDER TRANSACTIONS      
Net proceeds from the issuance of shares(1) 88,142 [1] 0 [1] 98,310 [1]
Shares issued in connection with incentive fee payment 1,180 203 528
Dividends paid(2) (47,412) [2],[3] (42,382) [2],[3] (33,906) [2],[3]
Shares repurchased (3,430) (1,051) 0
Net offering costs (322) 0 (3,612)
Share-based LTIP awards 135 147 1,987
Net increase (decrease) in shareholders’ equity from shareholder transactions 38,293 (43,083) 63,307
Net increase (decrease) in shareholders’ equity 135,439 (32,756) 103,878
SHAREHOLDERS’ EQUITY, BEGINNING OF PERIOD 370,916 403,672 299,794
SHAREHOLDERS’ EQUITY, END OF PERIOD $ 506,355 $ 370,916 $ 403,672
[1] Proceeds from the issuance of shares are net of underwriters’ discount in the amount of $1,852 and $2,940 for the years ended December 31, 2012 and 2010, respectively.
[2] For the years ended December 31, 2012, 2011, and 2010, dividends totaling $ 2.50, $2.51, and $2.45, respectively, per common share and LTIP unit outstanding were declared and paid.
[3] The Company pays quarterly dividends in arrears, so a portion of the dividends paid in each calendar year relate to the prior year’s earnings.