Consolidated Condensed Schedule Of Investments (Investments Sold Short) (USD $) In Thousands, unless otherwise specified	6 Months Ended		12 Months Ended
	Jun. 30, 2014		Dec. 31, 2013
Investments Sold, Not yet Purchased [Line Items]
Investments sold short, at fair value-	$ (852,846)		$ (845,614)
Proceeds from investments sold short	(846,217)		(847,602)
TBA - Fixed Rate Agency Securities Sold Short [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(126.39%)	[1],[2],[3],[4]	(129.69%)	[1],[2],[5],[6]
Current Principal/Notional Amount	(750,647)		(784,888)
Investments sold short, at fair value-	(797,705)	[1],[3],[4]	(811,957)	[1],[5],[6]
Proceeds from investments sold short	(792,172)	[1],[3],[4]	(813,757)	[1],[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	(191,468)	[1],[3],[4]
Description	Federal National Mortgage Association (30 year)	[1],[3],[4]
Rate	4.00%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(203,188)	[1],[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	(159,912)	[1],[3],[4]
Description	Federal National Mortgage Association (30 year)	[1],[3],[4]
Rate	3.50%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(164,616)	[1],[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	(88,650)	[1],[3],[4]
Description	Federal National Mortgage Association (30 year)	[1],[3],[4]
Rate	5.00%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(98,443)	[1],[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	(62,350)	[1],[3],[4]
Description	Federal National Mortgage Association (15 year)	[1],[3],[4]
Rate	3.50%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(66,081)	[1],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 Year) 4.50% 2014-07 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(58,860)	[1],[3],[4]
Description	Federal National Mortgage Association (30 year)	[1],[3],[4]
Rate	4.50%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(63,744)	[1],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 Year) 4.00% 2014-07 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(49,337)	[1],[3],[4]
Description	Federal Home Loan Mortgage Corporation (30 year)	[1],[3],[4]
Rate	4.00%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(52,247)	[1],[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	(24,500)	[1],[3],[4]
Description	Federal Home Loan Mortgage Corporation (15 year)	[1],[3],[4]
Rate	3.50%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(25,897)	[1],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 Year) 4.50% 2014-08 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(22,900)	[1],[3],[4]
Description	Federal National Mortgage Association (30 year)	[1],[3],[4]
Rate	4.50%	[1],[3],[4]
Investments maturity date	2014-08	[1],[3],[4]
Investments sold short, at fair value-	(24,744)	[1],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 Year) 4.00% 2014-08 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(22,700)	[1],[3],[4]
Description	Federal Home Loan Mortgage Corporation (30 year)	[1],[3],[4]
Rate	4.00%	[1],[3],[4]
Investments maturity date	2014-08	[1],[3],[4]
Investments sold short, at fair value-	(23,973)	[1],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 Year) 4.50% 2014-07 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(18,740)	[1],[3],[4]
Description	Federal Home Loan Mortgage Corporation (30 year)	[1],[3],[4]
Rate	4.50%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(20,280)	[1],[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	(9,870)	[1],[3],[4]
Description	Federal National Mortgage Association (15 year)	[1],[3],[4]
Rate	4.00%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(10,482)	[1],[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	(10,060)	[1],[3],[4]
Description	Federal National Mortgage Association (15 year)	[1],[3],[4]
Rate	3.00%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(10,450)	[1],[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)	[1],[3],[4]
Description	Federal National Mortgage Association (30 year)	[1],[3],[4]
Rate	5.50%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(7,503)	[1],[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	(5,500)	[1],[3],[4]
Description	Federal National Mortgage Association (15 year)	[1],[3],[4]
Rate	2.50%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(5,587)	[1],[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)	[1],[3],[4]
Description	Federal Home Loan Mortgage Corporation (30 year)	[1],[3],[4]
Rate	5.00%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(5,202)	[1],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 Year) 4.50% 2014-08 [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(4,300)	[1],[3],[4]
Description	Federal Home Loan Mortgage Corporation (30 year)	[1],[3],[4]
Rate	4.50%	[1],[3],[4]
Investments maturity date	2014-08	[1],[3],[4]
Investments sold short, at fair value-	(4,643)	[1],[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)	[1],[3],[4]
Description	Federal Home Loan Mortgage Corporation (15 year)	[1],[3],[4]
Rate	3.00%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(4,250)	[1],[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	(3,050)	[1],[3],[4]
Description	Other Federal Home Loan Mortgage Corporation (30 year)	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(3,251)	[1],[3],[4]
TBA - Fixed Rate Agency Securities Sold Short [Member] | Other Federal National Mortgage Association (30 Year) [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(1,850)	[1],[3],[4]
Description	Other Federal National Mortgage Association (30 year)	[1],[3],[4]
Rate	4.00%	[1],[3],[4]
Investments maturity date	2014-08	[1],[3],[4]
Investments sold short, at fair value-	(1,957)	[1],[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)	[1],[3],[4]
Description	Other Federal Home Loan Mortgage Corporation (15 year)	[1],[3],[4]
Rate	4.00%	[1],[3],[4]
Investments maturity date	2014-07	[1],[3],[4]
Investments sold short, at fair value-	(1,167)	[1],[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)	[1],[5],[6]
Description			Federal National Mortgage Association (30 year)	[1],[5],[6]
Rate			4.00%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(161,689)	[1],[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)	[1],[5],[6]
Description			Federal National Mortgage Association (30 year)	[1],[5],[6]
Rate			3.50%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(135,427)	[1],[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)	[1],[5],[6]
Description			Federal National Mortgage Association (30 year)	[1],[5],[6]
Rate			4.50%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(102,559)	[1],[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)	[1],[5],[6]
Description			Federal National Mortgage Association (15 year)	[1],[5],[6]
Rate			3.50%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(93,716)	[1],[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)	[1],[5],[6]
Description			Federal National Mortgage Association (30 year)	[1],[5],[6]
Rate			5.00%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(62,617)	[1],[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)	[1],[5],[6]
Description			Federal National Mortgage Association (15 year)	[1],[5],[6]
Rate			3.00%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(60,158)	[1],[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)	[1],[5],[6]
Description			Federal Home Loan Mortgage Corporation (30 year)	[1],[5],[6]
Rate			4.00%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(59,409)	[1],[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)	[1],[5],[6]
Description			Federal National Mortgage Association (15 year)	[1],[5],[6]
Rate			2.50%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(30,816)	[1],[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)	[1],[5],[6]
Description			Federal National Mortgage Association (30 year)	[1],[5],[6]
Rate			4.50%	[1],[5],[6]
Investments maturity date			2014-02	[1],[5],[6]
Investments sold short, at fair value-			(25,798)	[1],[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)	[1],[5],[6]
Description			Federal Home Loan Mortgage Corporation (30 year)	[1],[5],[6]
Rate			5.00%	[1],[5],[6]
Investments maturity date			2014-02	[1],[5],[6]
Investments sold short, at fair value-			(24,996)	[1],[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)	[1],[5],[6]
Description			Federal National Mortgage Association (15 year)	[1],[5],[6]
Rate			4.00%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(17,589)	[1],[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)	[1],[5],[6]
Description			Federal Home Loan Mortgage Corporation (15 year)	[1],[5],[6]
Rate			3.50%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(8,550)	[1],[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)	[1],[5],[6]
Description			Federal National Mortgage Association (30 year)	[1],[5],[6]
Rate			5.50%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(7,373)	[1],[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)	[1],[5],[6]
Description			Federal Home Loan Mortgage Corporation (30 year)	[1],[5],[6]
Rate			3.50%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(6,495)	[1],[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)	[1],[5],[6]
Description			Federal Home Loan Mortgage Corporation (15 year)	[1],[5],[6]
Rate			3.00%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(4,175)	[1],[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)	[1],[5],[6]
Description			Federal Home Loan Mortgage Corporation (30 year)	[1],[5],[6]
Rate			4.50%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(4,129)	[1],[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)	[1],[5],[6]
Description			Other Federal National Mortgage Association (30 Year)	[1],[5],[6]
Rate			6.00%	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(2,776)	[1],[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)	[1],[5],[6]
Description			Other Federal Home Loan Mortgage Corporation (30 Year)	[1],[5],[6]
Investments maturity date			2014-01	[1],[5],[6]
Investments sold short, at fair value-			(3,685)	[1],[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	(104.06%)		(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	(22.33%)		(17.80%)
Government debt sold short [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(4.66%)	[1],[2],[3]	(4.36%)	[1],[2],[5]
Investments sold short, at fair value-	(29,418)	[1],[3]	(27,288)	[1],[5]
Proceeds from investments sold short	(28,120)	[1],[3]	(27,532)	[1],[5]
Government debt sold short [Member] | Sovereign Debt Securities [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(22,062)	[1],[3]	(7,337)	[1],[5]
Description	European Sovereign Bonds	[1],[3]	European Sovereign Bond	[1],[5]
Rate	3.75%	[1],[3]	3.75%	[1],[5]
Investments maturity date	2018-10	[1],[3]	2018-10	[1],[5]
Investments sold short, at fair value-	(24,457)	[1],[3]	(7,681)	[1],[5]
Government debt sold short [Member] | US Treasury Notes Securities [Member]
Investments Sold, Not yet Purchased [Line Items]
Current Principal/Notional Amount	(5,000)	[1],[3]	(20,000)	[1],[5]
Description	U.S. Treasury Note	[1],[3]	U.S. Treasury Note	[1],[5]
Rate	1.25%	[1],[3]	1.25%	[1],[5]
Investments maturity date	2018-10	[1],[3]	2018-10	[1],[5]
Investments sold short, at fair value-	(4,961)	[1],[3]	(19,607)	[1],[5]
Common Stock Sold Short [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(4.08%)	[1],[2],[3]	(1.02%)	[1],[2],[5]
Investments sold short, at fair value-	(25,723)	[1],[3]	(6,369)	[1],[5]
Proceeds from investments sold short	(25,925)	[1],[3]	(6,313)	[1],[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	[1],[3]	Publicly Traded Real Estate Investment Trusts	[1],[5]
Investments sold short, at fair value-	(25,723)	[1],[3]	(6,369)	[1],[5]
Investment Sold, Not yet Purchased, Balance, Shares	(2,387)	[1],[3]	(763)	[1],[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	(135.13%)	[1],[2],[3]	(135.07%)	[1],[2],[5]
Investments sold short, at fair value-	(852,846)	[1],[3]	(845,614)	[1],[5]
Proceeds from investments sold short	(846,217)	[1],[3]	(847,602)	[1],[5]
Minimum [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Other Federal Home Loan Mortgage Corporation (30 Year) [Member]
Investments Sold, Not yet Purchased [Line Items]
Rate	3.50%	[1],[3],[4]
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%	[1],[5],[6]
Maximum [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Other Federal Home Loan Mortgage Corporation (30 Year) [Member]
Investments Sold, Not yet Purchased [Line Items]
Rate	5.50%	[1],[3],[4]
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%	[1],[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	(3.88%)
Current Principal/Notional Amount	(22,062)
Investments sold short, at fair value-	(24,457)
Proceeds from investments sold short	(23,143)
North America [Member] | Common Stock Sold Short [Member]
Investments Sold, Not yet Purchased [Line Items]
Investment Sold, Not yet Purchased, Percent of Equity	(4.08%)		(1.02%)
Investments sold short, at fair value-	(25,723)		(6,369)
Investment Sold, Not yet Purchased, Balance, Shares	(2,387)		(763)
Proceeds from investments sold short	(25,925)		(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	(127.18%)
Current Principal/Notional Amount	(755,647)
Investments sold short, at fair value-	(802,666)
Proceeds from investments sold short	$ (797,149)

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

[2] Classification percentages are based on Total Equity.

[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 2,396,102 $1,661,026 $1,720,243 272.57 %Europe 37,672 32,222 33,589 5.32 %Total 2,433,774 $1,693,248 $1,753,832 277.89 %Investments Sold Short: North America (TBAs and Government Debt) (755,647) $(797,149) $(802,666) (127.18)%Europe (Government Debt) (22,062) (23,143) (24,457) (3.88)%North America (Common Stock) (2,387) (25,925) (25,723) (4.08)%Total $(846,217) $(852,846) (135.13)%Repurchase Agreements: North America 4,969 $4,969 $4,969 0.79 %Europe 25,568 25,568 25,568 4.05 %Total 30,537 $30,537 $30,537 4.84 %Financial Derivatives–Assets: North America 92,115 $54,200 $59,458 9.42 %Europe (9,211) — 12 — %Total 82,904 $54,200 $59,470 9.42 %

[4] At June 30, 2014, the Company's short investments guaranteed by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation represented 104.06% and 22.33% 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.