Consolidated Statement Of Assets, Liabilities And Equity (USD $) In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2013		Dec. 31, 2012
ASSETS
Cash and cash equivalents	$ 64,753		$ 59,084
Investments, financial derivatives, and repurchase agreements:
Investments at fair value (Cost – $1,465,788 and $1,328,153)	1,535,924		1,375,116
Financial derivatives – assets at fair value (Net cost – $56,769 and $65,860)	36,250		48,504
Repurchase agreements (Cost – $42,614 and $13,650)	42,614	[1]	13,650	[1]
Total investments, financial derivatives, and repurchase agreements	1,614,788		1,437,270
Deposits with dealers held as collateral	21,977		22,744
Receivable for securities sold	609,239		626,919
Interest and principal receivable	5,507		5,719
Other assets	410		379
Total Assets	2,316,674		2,152,115
Investments and financial derivatives:
Investments sold short at fair value (Proceeds – $648,101 and $621,048)	649,756		622,301
Financial derivatives – liabilities at fair value (Net proceeds – $14,358 and $13,171)	18,490		15,212
Total investments and financial derivatives	668,246		637,513
Reverse repurchase agreements	965,272		905,718
Due to brokers on margin accounts	21,599		30,954
Payable for securities purchased	132,750		57,333
Securitized debt (Proceeds – $1,250 and $1,311)	1,205		1,335
Accounts payable and accrued expenses	1,929		1,995
Base management fee payable	1,967		1,934
Incentive fee payable	2,055		7,343
Other payables	0		903
Interest and dividends payable	1,049		732
Total Liabilities	1,796,072		1,645,760
Total Equity	520,602		506,355
TOTAL LIABILITIES AND EQUITY	2,316,674		2,152,115
ANALYSIS OF EQUITY:
Common shares, no par value, 100,000,000 shares authorized; (20,370,469 and 16,447,651 shares issued and outstanding)	506,825		497,373
Additional paid-in capital – LTIP units	9,023		8,982
Total Shareholders' Equity	515,848		506,355
Non-controlling Interest	$ 4,754		$ 0
PER SHARE INFORMATION:
Common shares (in usd per share)	$ 25.28	[2]	$ 24.86

[1] In the Company’s Consolidated Statement of Assets, Liabilities, and Equity, all balances associated with the repurchase agreements, reverse repurchase agreements, and derivatives transactions are presented on a gross basis.

[2] If all LTIP units and OP units (if applicable) previously issued were vested and exchanged for common shares as of March 31, 2013 and 2012, shareholders' equity per share would be $24.78 and $23.53, respectively.