Consolidated Statement Of Assets, Liabilities And Equity (USD $) In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
ASSETS
Cash and cash equivalents	$ 183,489		$ 59,084
Investments, financial derivatives, and repurchase agreements:
Investments, at fair value (Cost – $1,688,257 and $1,328,153)	1,730,130		1,375,116
Financial derivatives–assets, at fair value (Net cost – $50,533 and $65,860)	59,664	[1]	48,504	[1]
Repurchase agreements (Cost – $27,943 and $13,650)	27,962	[1]	13,650	[1]
Total investments, financial derivatives, and repurchase agreements	1,817,756		1,437,270
Due from brokers	82,571		22,744
Receivable for securities sold	883,005		626,919
Interest and principal receivable	6,831		5,719
Other assets	1,546		379
Total Assets	2,975,198		2,152,115
Investments and financial derivatives:
Investments sold short, at fair value (Proceeds – $847,602 and $621,048)	845,614		622,301
Financial derivatives–liabilities, at fair value (Net proceeds – $29,746 and $13,171)	44,791	[1]	15,212	[1]
Total investments and financial derivatives	890,405		637,513
Reverse repurchase agreements	1,236,166	[1]	905,718	[1]
Due to brokers	19,762		30,954
Payable for securities purchased	193,047		57,333
Securitized debt (Proceeds – $980 and $1,311)	983		1,335
Accounts payable and accrued expenses	1,810		1,995
Base management fee payable	2,364		1,934
Incentive fee payable	3,091		7,343
Other payables	0		903
Interest and dividends payable	1,521		732
Total Liabilities	2,349,149		1,645,760
Total Equity	626,049		506,355
TOTAL LIABILITIES AND EQUITY	2,975,198		2,152,115
ANALYSIS OF EQUITY:
Common shares, no par value, 100,000,000 shares authorized; (25,428,186 and 20,370,469 shares issued and outstanding)	611,282		497,373
Additional paid-in capital – LTIP units	9,119		8,982
Total Shareholders' Equity	620,401		506,355
Non-controlling interests	$ 5,648		$ 0
PER SHARE INFORMATION:
Common shares (in usd per share)	$ 24.40	[2]	$ 24.86	[2]

[1] In the Company's Consolidated Statement of Assets, Liabilities, and Equity, all balances associated with repurchase agreements, reverse repurchase agreements, and financial derivatives 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 December 31, 2013, 2012, and 2011, shareholders' equity per share would be $23.99, $24.38 and $22.03, respectively.