Consolidated Condensed Schedule Of Investments (Investments Sold Short) (USD $) In Thousands, unless otherwise specified	3 Months Ended		12 Months Ended
	Mar. 31, 2014		Dec. 31, 2013
Investments Sold, Not yet Purchased [Line Items]
Investments sold short, at fair value-	$ (818,765)		$ (845,614)
Proceeds from investments sold short	(819,652)		(847,602)
Fair Value	1,756,011		1,730,130
TBA - Fixed Rate Agency Securities Sold Short [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(124.23%)	[1],[2],[3],[4]	(129.69%)	[1],[2],[5],[6]
Investments sold short, at fair value-	(782,747)	[2],[3],[4]	(811,957)	[2],[5],[6]
Proceeds from investments sold short	(784,191)	[2],[3],[4]	(813,757)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 Year) 4.00% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(180,668)	[2],[3],[4]
Description	Federal National Mortgage Association (30 year)	[2],[3],[4]
Rate	4.00%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(187,782)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 Year) 3.50% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(154,192)	[2],[3],[4]
Description	Federal National Mortgage Association (30 year)	[2],[3],[4]
Rate	3.50%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(155,114)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 Year) 5.00% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(96,450)	[2],[3],[4]
Description	Federal National Mortgage Association (30 year)	[2],[3],[4]
Rate	5.00%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(105,183)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 Year) 4.00% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(78,937)	[2],[3],[4]
Description	Federal Home Loan Mortgage Corporation (30 year)	[2],[3],[4]
Rate	4.00%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(81,897)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (15 Year) 3.50% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(63,850)	[2],[3],[4]
Description	Federal National Mortgage Association (15 year)	[2],[3],[4]
Rate	3.50%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(66,958)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 Year) 4.50% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(59,460)	[2],[3],[4]
Description	Federal National Mortgage Association (30 year)	[2],[3],[4]
Rate	4.50%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(63,436)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (15 Year) 3.00% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(33,810)	[2],[3],[4]
Description	Federal National Mortgage Association (15 year)	[2],[3],[4]
Rate	3.00%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(34,735)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (15 Year) 2.50% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(25,500)	[2],[3],[4]
Description	Federal National Mortgage Association (15 year)	[2],[3],[4]
Rate	2.50%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(25,484)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (15 Year) 3.50% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(15,000)	[2],[3],[4]
Description	Federal Home Loan Mortgage Corporation (15 year)	[2],[3],[4]
Rate	3.50%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(15,696)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (15 Year) 4.00% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(12,870)	[2],[3],[4]
Description	Federal National Mortgage Association (15 year)	[2],[3],[4]
Rate	4.00%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(13,612)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 Year) 4.50% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(8,040)	[2],[3],[4]
Description	Federal Home Loan Mortgage Corporation (30 year)	[2],[3],[4]
Rate	4.50%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(8,571)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 Year) 5.50% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(6,700)	[2],[3],[4]
Description	Federal National Mortgage Association (30 year)	[2],[3],[4]
Rate	5.50%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(7,396)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 Year) 5.00% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(4,700)	[2],[3],[4]
Description	Federal Home Loan Mortgage Corporation (30 year)	[2],[3],[4]
Rate	5.00%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(5,109)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 Year) 3.50% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(4,950)	[2],[3],[4]
Description	Federal Home Loan Mortgage Corporation (30 year)	[2],[3],[4]
Rate	3.50%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(4,974)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (15 Year) 3.00% [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(4,100)	[2],[3],[4]
Description	Federal Home Loan Mortgage Corporation (15 year)	[2],[3],[4]
Rate	3.00%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(4,208)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Other Federal Home Loan Mortgage Corporation (30 Year) [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(1,300)	[2],[3],[4]
Description	Other Federal Home Loan Mortgage Corporation (30 year)	[2],[3],[4]
Rate	5.50%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(1,430)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Other Federal Home Loan Mortgage Corporation (15 Year) [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(1,100)	[2],[3],[4]
Description	Other Federal Home Loan Mortgage Corporation (15 year)	[2],[3],[4]
Rate	4.00%	[2],[3],[4]
Investments maturity date	2014-04	[2],[3],[4]
Investments sold short, at fair value-	(1,162)	[2],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 4.00% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(156,890)	[2],[5],[6]
Description			Federal National Mortgage Association (30 year)	[2],[5],[6]
Rate			4.00%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(161,689)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 3.50% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(136,182)	[2],[5],[6]
Description			Federal National Mortgage Association (30 year)	[2],[5],[6]
Rate			3.50%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(135,427)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 4.50% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(96,700)	[2],[5],[6]
Description			Federal National Mortgage Association (30 year)	[2],[5],[6]
Rate			4.50%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(102,559)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (15 year) 3.50% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(89,600)	[2],[5],[6]
Description			Federal National Mortgage Association (15 year)	[2],[5],[6]
Rate			3.50%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(93,716)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 5.00% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(57,600)	[2],[5],[6]
Description			Federal National Mortgage Association (30 year)	[2],[5],[6]
Rate			5.00%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(62,617)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (15 year) 3.00% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(58,960)	[2],[5],[6]
Description			Federal National Mortgage Association (15 year)	[2],[5],[6]
Rate			3.00%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(60,158)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 year) 4.00% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(57,837)	[2],[5],[6]
Description			Federal Home Loan Mortgage Corporation (30 year)	[2],[5],[6]
Rate			4.00%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(59,409)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (15 year) 2.50% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(31,150)	[2],[5],[6]
Description			Federal National Mortgage Association (15 year)	[2],[5],[6]
Rate			2.50%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(30,816)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 4.50% 2014-02 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(24,400)	[2],[5],[6]
Description			Federal National Mortgage Association (30 year)	[2],[5],[6]
Rate			4.50%	[2],[5],[6]
Investments maturity date			2014-02	[2],[5],[6]
Investments sold short, at fair value-			(25,798)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 year) 5.00% 2014-02 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(23,200)	[2],[5],[6]
Description			Federal Home Loan Mortgage Corporation (30 year)	[2],[5],[6]
Rate			5.00%	[2],[5],[6]
Investments maturity date			2014-02	[2],[5],[6]
Investments sold short, at fair value-			(24,996)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (15 year) 4.00% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(16,604)	[2],[5],[6]
Description			Federal National Mortgage Association (15 year)	[2],[5],[6]
Rate			4.00%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(17,589)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (15 year) 3.50% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(8,200)	[2],[5],[6]
Description			Federal Home Loan Mortgage Corporation (15 year)	[2],[5],[6]
Rate			3.50%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(8,550)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 5.50% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(6,700)	[2],[5],[6]
Description			Federal National Mortgage Association (30 year)	[2],[5],[6]
Rate			5.50%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(7,373)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 year) 3.50% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(6,550)	[2],[5],[6]
Description			Federal Home Loan Mortgage Corporation (30 year)	[2],[5],[6]
Rate			3.50%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(6,495)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (15 year) 3.00% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(4,100)	[2],[5],[6]
Description			Federal Home Loan Mortgage Corporation (15 year)	[2],[5],[6]
Rate			3.00%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(4,175)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 year) 4.50% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(3,900)	[2],[5],[6]
Description			Federal Home Loan Mortgage Corporation (30 year)	[2],[5],[6]
Rate			4.50%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(4,129)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Other Federal National Mortgage Association (30 year) 6.00% 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(2,500)	[2],[5],[6]
Description			Other Federal National Mortgage Association (30 Year)	[2],[5],[6]
Rate			6.00%	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(2,776)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Other Federal Home Loan Mortgage Corporation (30 year) 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount			(3,815)	[2],[5],[6]
Description			Other Federal Home Loan Mortgage Corporation (30 Year)	[2],[5],[6]
Investments maturity date			2014-01	[2],[5],[6]
Investments sold short, at fair value-			(3,685)	[2],[5],[6]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(104.70%)		(111.89%)
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(19.53%)		(17.80%)
Government debt sold short [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(4.62%)	[1],[2],[3]	(4.36%)	[1],[2],[5]
Investments sold short, at fair value-	(29,115)	[2],[3]	(27,288)	[2],[5]
Proceeds from investments sold short	(28,457)	[2],[3]	(27,532)	[2],[5]
Government debt sold short [Member] | Sovereign Debt Securities [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(22,208)	[2],[3]	(7,337)	[2],[5]
Description	European Sovereign Bonds	[2],[3]	European Sovereign Bond	[2],[5]
Rate	3.75%	[2],[3]	3.75%	[2],[5]
Investments maturity date	2018-10	[2],[3]	2018-10	[2],[5]
Investments sold short, at fair value-	(24,195)	[2],[3]	(7,681)	[2],[5]
Government debt sold short [Member] | US Treasury Notes Securities [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(5,000)	[2],[3]	(20,000)	[2],[5]
Description	U.S. Treasury Note	[2],[3]	U.S. Treasury Note	[2],[5]
Rate	1.25%	[2],[3]	1.25%	[2],[5]
Investments maturity date	2018-10	[2],[3]	2018-10	[2],[5]
Investments sold short, at fair value-	(4,920)	[2],[3]	(19,607)	[2],[5]
Common Stock Sold Short [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(1.10%)	[1],[2],[3]	(1.02%)	[1],[2],[5]
Investments sold short, at fair value-	(6,903)	[2],[3]	(6,369)	[2],[5]
Proceeds from investments sold short	(7,004)	[2],[3]	(6,313)	[2],[5]
Common Stock Sold Short [Member] | Publicly Traded Real Estate Investment Trusts [Member]
Investments Sold, Not yet Purchased [Line Items]
Description	Publicly Traded Real Estate Investment Trusts	[2],[3]	Publicly Traded Real Estate Investment Trusts	[2],[5]
Investments sold short, at fair value-	(6,903)	[2],[3]	(6,369)	[2],[5]
Investment Sold, Not yet Purchased, Balance, Shares	(941)	[2],[3]	(763)	[2],[5]
Securities Sold Short - Securities Sold, Not Yet Purchased [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(129.95%)	[1],[2],[3]	(135.07%)	[1],[2],[5]
Investments sold short, at fair value-	(818,765)	[2],[3]	(845,614)	[2],[5]
Proceeds from investments sold short	(819,652)	[2],[3]	(847,602)	[2],[5]
Minimum [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Other Federal Home Loan Mortgage Corporation (30 year) 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Rate			2.50%	[2],[5],[6]
Maximum [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Other Federal Home Loan Mortgage Corporation (30 year) 2014-01 [Member]
Investments Sold, Not yet Purchased [Line Items]
Rate			5.50%	[2],[5],[6]
Europe [Member] | Securities Sold Short - Securities Sold, Not Yet Purchased [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity			(1.23%)
Current Principal/Notional Amount			(7,337)
Investments sold short, at fair value-			(7,681)
Proceeds from investments sold short			(7,633)
Europe [Member] | Sovereign Debt Securities [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(3.84%)
Current Principal/Notional Amount	(22,208)
Investments sold short, at fair value-	(24,195)
Proceeds from investments sold short	(23,481)
North America [Member] | Common Stock Sold Short [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(1.10%)		(1.02%)
Investments sold short, at fair value-	(6,903)		(6,369)
Investment Sold, Not yet Purchased, Balance, Shares	(941)		(763)
Proceeds from investments sold short	(7,004)		(6,313)
North America [Member] | Securities Sold Short - Securities Sold, Not Yet Purchased [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity			(132.82%)
Current Principal/Notional Amount			(804,888)
Investments sold short, at fair value-			(831,564)
Proceeds from investments sold short			(833,656)
North America [Member] | Securities Sold Short Securities Sold Not Yet Purchased TBAs and Government Debt [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(125.01%)
Current Principal/Notional Amount	(756,627)
Investments sold short, at fair value-	(787,667)
Proceeds from investments sold short	$ (789,167)

[1] Classification percentages are based on Total Equity.

[2] See Note 2 and Note 3 in Notes to Consolidated Financial Statements.

[3] The following table details the breakout by geographical region of long investments, investments sold short, repurchase agreements, and financial derivatives–assets. All financial derivatives–liabilities were concentrated in North America.Region Current Principal/Notional Value/Number of Shares/Number of Properties Cost/(Proceeds) Fair Value Percent ofEquityLong Investments: (In thousands, Expressed in U.S. Dollars) North America 2,449,649 $1,686,738 $1,729,893 274.55 %Europe 32,195 26,451 26,118 4.15 %Total 2,481,844 $1,713,189 $1,756,011 278.70 %Investments Sold Short: North America (TBAs and Government Debt) (756,627) $(789,167) $(787,667) (125.01)%Europe (Government Debt) (22,208) (23,481) (24,195) (3.84)%North America (Common Stock) (941) (7,004) (6,903) (1.10)%Total $(819,652) $(818,765) (129.95)%Repurchase Agreements: North America 4,944 $4,944 $4,944 0.78 %Europe 24,931 24,928 24,931 3.96 %Total 29,875 $29,872 $29,875 4.74 %Financial Derivatives–Assets: North America (583,909) $55,230 $57,558 9.14 %Europe (8,980) — 2 — %Total (592,889) $55,230 $57,560 9.14 %

[4] At March 31, 2014, the Company's short investments guaranteed by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation represented 104.70% and 19.53% of equity, respectively.

[5] The following table details the breakout by geographical region of long investments, investments sold short, and repurchase agreements. All financial derivatives were concentrated in North America.Region Current Principal/Number of Shares Cost/(Proceeds) Fair Value Percent ofEquityLong Investments: (In thousands, Expressed in U.S. Dollars) North America 2,470,650 $1,682,533 $1,724,370 275.44 %Europe 7,641 5,724 5,760 0.92 %Total 2,478,291 $1,688,257 $1,730,130 276.36 %Investments Sold Short: North America (TBAs and Government Debt) (804,888) $(833,656) $(831,564) (132.82)%Europe (Government Debt) (7,337) (7,633) (7,681) (1.23)%North America (Common Stock) (763) (6,313) (6,369) (1.02)%Total $(847,602) $(845,614) (135.07)%Repurchase Agreements: North America 19,675 $19,675 $19,675 3.15 %Europe 8,287 8,268 8,287 1.32 %Total 27,962 $27,943 $27,962 4.47 %

[6] At December 31, 2013, the Company's short investments guaranteed by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation represented 111.89% and 17.80% of equity, respectively.