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Offsetting Assets and Liabilities (Tables)
 3 Months Ended
Mar. 31, 2013
Offsetting of Assets and Liabilities [Abstract]  
Offsetting of Assets and Liabilities [Table Text Block]
The following tables present information about certain assets and liabilities representing financial instruments as of March 31, 2013 and December 31, 2012. The Company has not previously entered into master netting agreements with any of its counterparties.
Description
 
Amount of Assets (Liabilities) Presented in the Consolidated Statements of Assets, Liabilities, and Equity(1)
 
Financial Instruments(2)(3)
 
Cash Collateral (Received) Pledged(3)
 
Net Amount
(In thousands)
 
 
 
 
 
 
 
 
March 31, 2013:
 
 
 
 
 
 
 
 
Financial derivatives - assets
 
$
36,250

 
 
 
 
 
 
Financial derivatives - liabilities
 
(18,490
)
 
 
 
 
 
 
 
 
$
17,760

 
$
—

 
$
(2,620
)
 
$
15,140

Repurchase agreements
 
$
42,614

 
 
 
 
 
 
Reverse repurchase agreements
 
(956,272
)
 
 
 
 
 
 
 
 
$
(922,658
)
 
$
1,111,079

 
$
1,730

 
$
190,151

 
 
 
 
 
 
 
 
 
December 31, 2012:
 
 
 
 
 
 
 
 
Financial derivatives - assets
 
$
48,504

 
 
 
 
 
 
Financial derivatives - liabilities
 
(15,212
)
 
 
 
 
 
 
 
 
$
33,292

 
$
—

 
$
(13,188
)
 
$
20,104

Repurchase agreements
 
$
13,650

 
 
 
 
 
 
Reverse repurchase agreements
 
(905,718
)
 
 
 
 
 
 
 
 
$
(892,068
)
 
$
1,047,944

 
$
4,128

 
$
160,004

(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)
Amounts disclosed in the Financial Instruments column of the table represent collateral that is available to be offset against balances associated with repurchase and reverse repurchase agreements.
(3)
As collateral is called or posted per counterparty it is generally called or posted across all positions with each respective counterparty.