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Consolidated Statement Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
INVESTMENT INCOME        
Interest income $ 20,335 $ 16,045 $ 38,717 $ 31,777
EXPENSES        
Base management fee 2,405 1,497 4,373 2,988
Incentive fee 1,182 2,312 3,237 2,312
Interest expense 2,582 1,992 4,724 3,824
Other investment related expenses 327 0 327 0
Compensation expense 432 300 760 675
Custody and other fees 338 304 656 608
Professional fees 338 328 779 606
Agency and administration fees 281 217 543 430
Insurance expense 173 177 353 354
Directors' fees and expenses 66 66 143 140
Share-based LTIP expense 43 30 85 58
Total expenses 8,167 7,223 15,980 11,995
NET INVESTMENT INCOME 12,168 8,822 22,737 19,782
Net realized gain (loss) on:        
Investments 10,598 (2,734) 24,596 5,413
Swaps (4,152) (8,537) (5,535) (28,464)
Futures (775) (9) (797) (17)
Total net realized gain (loss) on investments and financial derivatives 5,671 (11,280) 18,264 (23,068)
Change in net unrealized gain (loss) on:        
Investments (27,971) 10,300 (5,132) 28,430
Swaps 21,866 2,928 16,589 17,745
Futures (29) (2) (7) (66)
Total net unrealized gain (loss) on investments and financial derivatives (6,134) 13,226 11,450 46,109
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS AND FINANCIAL DERIVATIVES (463) 1,946 29,714 23,041
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 11,705 10,768 52,451 42,823
Net Income (Loss) Attributable to Noncontrolling Interest 105 0 516 0
Net Income (Loss) Attributable to Parent $ 11,600 $ 10,768 $ 51,935 $ 42,823
NET INCREASE (DECREASE) IN SHAREHOLDERS' EQUITY RESULTING FROM OPERATIONS PER SHARE:        
Basic and Diluted (in usd per share) $ 0.49 $ 0.64 $ 2.35 $ 2.54