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Consolidated Statement Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
INVESTMENT INCOME    
Interest income $ 18,382 $ 15,733
EXPENSES    
Base management fee 1,967 1,492
Incentive fee 2,055 0
Share-based LTIP expense 42 28
Interest expense 2,142 1,832
Professional fees 440 278
Compensation expense 328 375
Insurance expense 180 177
Agency and administration fees 264 213
Custody and other fees 318 304
Directors' fees and expenses 77 74
Total expenses 7,813 4,773
NET INVESTMENT INCOME 10,569 10,960
Net realized gain (loss) on:    
Investments 13,997 8,147
Swaps (1,383) (19,928)
Futures (22) (8)
Total net realized gain (loss) on investments and financial derivatives 12,592 (11,789)
Change in net unrealized gain (loss) on:    
Investments 22,839 18,130
Swaps (5,276) 14,817
Futures 22 (63)
Total net unrealized gain (loss) on investments and financial derivatives 17,585 32,884
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS AND FINANCIAL DERIVATIVES 30,177 21,095
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 40,746 32,055
Net Income (Loss) Attributable to Noncontrolling Interest 411 0
Net Income (Loss) Attributable to Parent $ 40,335 $ 32,055
NET INCREASE (DECREASE) IN SHAREHOLDERS' EQUITY RESULTING FROM OPERATIONS PER SHARE:    
Basic and Diluted (in usd per share) $ 1.94 $ 1.90