Consolidated Condensed Schedule Of Investments (Financial Derivatives) (USD $)	6 Months Ended		12 Months Ended
	Jun. 30, 2014 contracts		Dec. 31, 2013 contracts
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	$ 59,470,000	[1]	$ 59,664,000	[1]
Derivative Liabilities	(48,378,000)	[1]	(44,791,000)	[1]
Net cost	54,200,000		50,533,000
Net proceeds	(28,981,000)		(29,746,000)
Eurodollar Future [Member]
Investment Holdings, Other than Securities [Line Items]
Future contract notional	1,000,000		1,000,000
Future contract	1		1
Long US Treasury Note Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Number of contracts	337		1,847
Short US Treasury Note Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Number of contracts	88
Financial Derivatives - Assets [Member]
Investment Holdings, Other than Securities [Line Items]
Notional - asset	82,904,000
Derivative Asset	59,470,000	[2],[3]	59,664,000	[2],[4]
Investment owned as a percentage of equity	9.42%	[2],[3],[5]	9.53%	[2],[4],[5]
Net cost	54,200,000	[2],[3]	50,533,000	[2],[4]
Financial Derivatives - Assets [Member] | Long Credit Default Swap On Asset Backed Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[2],[3],[6]	Credit	[2],[4],[7]
Notional - asset	1,858,000	[2],[3],[6]	1,990,000	[2],[4],[7]
Range of expiration dates	2037-12	[2],[3],[6]	2037-12	[2],[4],[7]
Derivative Asset	61,000	[2],[3],[6]	61,000	[2],[4],[7]
Net cost	(217,000)	[2],[3],[6]
Net proceeds			(217,000)	[2],[4],[7]
Financial Derivatives - Assets [Member] | Long Credit Default Swap On Corporate Bond Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[2],[3],[6]	Credit	[2],[4],[8]
Notional - asset	112,278,000	[2],[3],[6]	70,425,000	[2],[4],[8]
Range of expiration dates	2018-12	[2],[3],[6]	2018-12	[2],[4],[8]
Derivative Asset	21,682,000	[2],[3],[6]	14,273,000	[2],[4],[8]
Net cost	21,431,000	[2],[3],[6]	13,248,000	[2],[4],[8]
Financial Derivatives - Assets [Member] | Long Interest Rate Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[3],[9]	Interest Rates	[2],[4],[9]
Notional - asset	613,340,000	[2],[3],[9]	153,100,000	[2],[4],[9]
Derivative Asset	11,520,000	[2],[3],[9]	1,978,000	[2],[4],[9]
Financial Derivatives - Assets [Member] | Long Interest Rate Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-06	[2],[3],[9]	2018-07	[2],[4],[9]
Financial Derivatives - Assets [Member] | Long Interest Rate Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2044-05	[2],[3],[9]	2023-09	[2],[4],[9]
Financial Derivatives - Assets [Member] | Long Total Return Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Equity Market	[10],[2],[3]	Equity Market	[10],[2],[4]
Notional - asset	2,262,000	[10],[2],[3]	3,044,000	[10],[2],[4]
Range of expiration dates	2015-06	[10],[2],[3]
Derivative Asset	21,000	[10],[2],[3]	4,000	[10],[2],[4]
Financial Derivatives - Assets [Member] | Long Total Return Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates			2014-06	[10],[2],[4]
Financial Derivatives - Assets [Member] | Long Total Return Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates			2015-06	[10],[2],[4]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Securities [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[11],[2],[3]	Credit	[12],[2],[4]
Notional - asset	(20,524,000)	[11],[2],[3]	(23,426,000)	[12],[2],[4]
Derivative Asset	14,162,000	[11],[2],[3]	16,646,000	[12],[2],[4]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Securities [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2034-09	[11],[2],[3]	2034-09	[12],[2],[4]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Securities [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2036-05	[11],[2],[3]	2036-05	[12],[2],[4]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[11],[2],[3]	Credit	[13],[2],[4]
Notional - asset	(56,146,000)	[11],[2],[3]	(72,422,000)	[13],[2],[4]
Derivative Asset	3,203,000	[11],[2],[3]	4,876,000	[13],[2],[4]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Indices [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2046-05	[11],[2],[3]	2046-05	[13],[2],[4]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Indices [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2063-05	[11],[2],[3]	2063-05	[13],[2],[4]
Financial Derivatives - Assets [Member] | Short Interest Rate Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[14],[2],[3]	Interest Rates	[14],[2],[4]
Notional - asset	(569,511,000)	[14],[2],[3]	(840,600,000)	[14],[2],[4]
Derivative Asset	7,902,000	[14],[2],[3]	21,575,000	[14],[2],[4]
Financial Derivatives - Assets [Member] | Short Interest Rate Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2016-02	[14],[2],[3]	2016-11	[14],[2],[4]
Financial Derivatives - Assets [Member] | Short Interest Rate Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2029-06	[14],[2],[3]	2043-08	[14],[2],[4]
Financial Derivatives - Assets [Member] | Short Total Return Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Equity Market	[10],[2],[3]	Equity Market	[10],[2],[4]
Notional - asset	(2,693,000)	[10],[2],[3]	(23,000)	[10],[2],[4]
Range of expiration dates			2015-09	[10],[2],[4]
Derivative Asset	3,000	[10],[2],[3]	0	[10],[2],[4]
Financial Derivatives - Assets [Member] | Short Total Return Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2015-09	[10],[2],[3]
Financial Derivatives - Assets [Member] | Short Total Return Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2016-05	[10],[2],[3]
Financial Derivatives - Assets [Member] | Swap [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	58,554,000	[2],[3]	59,413,000	[2],[4]
Investment owned as a percentage of equity	9.28%	[2],[3],[5]	9.49%	[2],[4],[5]
Net cost	54,200,000	[2],[3]	50,039,000	[2],[4]
Financial Derivatives - Assets [Member] | Long US Treasury Note Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[15],[2],[3]
Notional - asset	33,700,000	[15],[2],[3]
Range of expiration dates	2014-09	[15],[2],[3]
Derivative Asset	200,000	[15],[2],[3]
Financial Derivatives - Assets [Member] | Long Eurodollar Future [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[16],[2],[3]
Notional - asset	4,000,000	[16],[2],[3]
Derivative Asset	0	[16],[2],[3]
Financial Derivatives - Assets [Member] | Long Eurodollar Future [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2014-09	[16],[2],[3]
Financial Derivatives - Assets [Member] | Long Eurodollar Future [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2014-12	[16],[2],[3]
Financial Derivatives - Assets [Member] | Short Eurodollar Future [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[16],[2],[3]
Notional - asset	(15,000,000)	[16],[2],[3]
Range of expiration dates	2017-03	[16],[2],[3]
Derivative Asset	2,000	[16],[2],[3]
Financial Derivatives - Assets [Member] | Option on CDS on Corporate Bond Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure			Credit	[17],[2],[4]
Notional - asset			22,588,000	[17],[2],[4]
Range of expiration dates			2014-06	[17],[2],[4]
Derivative Asset			190,000	[17],[2],[4]
Financial Derivatives - Assets [Member] | Interest Rate Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure			Interest Rates	[18],[2],[4]
Notional - asset			15,000,000	[18],[2],[4]
Range of expiration dates			2014-04	[18],[2],[4]
Derivative Asset			61,000	[18],[2],[4]
Financial Derivatives - Assets [Member] | Receiver Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[19],[2],[3]
Notional - asset	25,000,000	[19],[2],[3]
Range of expiration dates	2014-10	[19],[2],[3]
Derivative Asset	2,000	[19],[2],[3]
Financial Derivatives - Assets [Member] | Straddle Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[20],[3]
Notional - asset	(37,000,000)	[2],[20],[3]
Range of expiration dates	2016-05	[2],[20],[3]
Derivative Asset	168,000	[2],[20],[3]
Financial Derivatives - Assets [Member] | Payer Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[21],[3]
Notional - asset	(17,300,000)	[2],[21],[3]
Range of expiration dates	2017-01	[2],[21],[3]
Derivative Asset	492,000	[2],[21],[3]
Financial Derivatives - Assets [Member] | Options [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	662,000	[2],[3]	251,000	[2],[4]
Investment owned as a percentage of equity	0.10%	[2],[3],[5]	0.04%	[2],[4],[5]
Net cost			494,000	[2],[4]
Financial Derivatives - Assets [Member] | Long Currency Forward [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Currency	[2],[22],[3]
Notional - asset	8,640,000	[2],[22],[3]
Range of expiration dates	2014-09	[2],[22],[3]
Derivative Asset	52,000	[2],[22],[3]
Financial Derivatives - Assets [Member] | Forwards [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	52,000	[2],[3]
Investment owned as a percentage of equity	0.01%	[2],[3],[5]
Financial Derivatives - Assets [Member] | Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	202,000	[2],[3]
Investment owned as a percentage of equity	0.03%	[2],[3],[5]
Financial Derivatives - Liabilities [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(48,378,000)	[2],[3]	(44,791,000)	[2],[4]
Investment owned as a percentage of equity	(7.66%)	[2],[3],[5]	(7.16%)	[2],[4],[5]
Net proceeds	(28,981,000)	[2],[3]	(29,746,000)	[2],[4]
Financial Derivatives - Liabilities [Member] | Long Credit Default Swap On Asset Backed Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[2],[3],[6]	Credit	[2],[4],[7]
Notional - liability	15,905,000	[2],[3],[6]	44,082,000	[2],[4],[7]
Derivative Liabilities	(4,359,000)	[2],[3],[6]	(11,866,000)	[2],[4],[7]
Net proceeds	(6,002,000)	[2],[3],[6]	(14,331,000)	[2],[4],[7]
Financial Derivatives - Liabilities [Member] | Long Credit Default Swap On Asset Backed Indices [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2049-12	[2],[3],[6]	2049-12	[2],[4],[7]
Financial Derivatives - Liabilities [Member] | Long Credit Default Swap On Asset Backed Indices [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2052-10	[2],[3],[6]	2052-10	[2],[4],[7]
Financial Derivatives - Liabilities [Member] | Long Credit Default Swap On Corporate Bond Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[2],[3],[6]	Credit	[2],[4],[8]
Notional - liability	3,756,000	[2],[3],[6]	4,000,000	[2],[4],[8]
Range of expiration dates	2017-12	[2],[3],[6]	2017-12	[2],[4],[8]
Derivative Liabilities	(982,000)	[2],[3],[6]	(1,047,000)	[2],[4],[8]
Net proceeds	(1,200,000)	[2],[3],[6]	(1,200,000)	[2],[4],[8]
Financial Derivatives - Liabilities [Member] | Long Credit Default Swap On Corporate Bonds [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[2],[3],[6]
Notional - liability	4,395,000	[2],[3],[6]
Range of expiration dates	2019-06	[2],[3],[6]
Derivative Liabilities	(2,287,000)	[2],[3],[6]
Net proceeds	(2,062,000)	[2],[3],[6]
Financial Derivatives - Liabilities [Member] | Long Interest Rate Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[3],[9]	Interest Rates	[2],[4],[9]
Notional - liability	20,300,000	[2],[3],[9]	234,600,000	[2],[4],[9]
Derivative Liabilities	(23,000)	[2],[3],[9]	(2,857,000)	[2],[4],[9]
Financial Derivatives - Liabilities [Member] | Long Interest Rate Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2018-10	[2],[3],[9]	2017-10	[2],[4],[9]
Financial Derivatives - Liabilities [Member] | Long Interest Rate Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2024-07	[2],[3],[9]	2043-07	[2],[4],[9]
Financial Derivatives - Liabilities [Member] | Long Total Return Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Equity Market	[10],[2],[3]	Equity Market	[10],[2],[4]
Notional - liability	29,244,000	[10],[2],[3]	47,974,000	[10],[2],[4]
Range of expiration dates	2015-06	[10],[2],[3]	2015-06	[10],[2],[4]
Derivative Liabilities	(1,000)	[10],[2],[3]	0	[10],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swap On Asset Backed Securities [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[11],[2],[3]	Credit	[12],[2],[4]
Notional - liability	(3,000,000)	[11],[2],[3]	(3,000,000)	[12],[2],[4]
Range of expiration dates	2035-03	[11],[2],[3]	2035-03	[12],[2],[4]
Derivative Liabilities	(350,000)	[11],[2],[3]	(350,000)	[12],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swap On Asset Backed Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[11],[2],[3]
Notional - liability	(16,000,000)	[11],[2],[3]
Derivative Liabilities	(321,000)	[11],[2],[3]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swap On Asset Backed Indices [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2047-01	[11],[2],[3]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swap On Asset Backed Indices [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2063-05	[11],[2],[3]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swaps On Corporate Bond Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[11],[2],[3]	Credit	[2],[23],[4]
Notional - liability	(271,561,000)	[11],[2],[3]	(337,815,000)	[2],[23],[4]
Derivative Liabilities	(25,901,000)	[11],[2],[3]	(23,902,000)	[2],[23],[4]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swaps On Corporate Bond Indices [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2016-12	[11],[2],[3]	2016-12	[2],[23],[4]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swaps On Corporate Bond Indices [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2019-06	[11],[2],[3]	2018-12	[2],[23],[4]
Financial Derivatives - Liabilities [Member] | Short Interest Rate Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[14],[2],[3]	Interest Rates	[14],[2],[4]
Notional - liability	(548,630,000)	[14],[2],[3]	(323,800,000)	[14],[2],[4]
Derivative Liabilities	(12,753,000)	[14],[2],[3]	(2,207,000)	[14],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Interest Rate Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2015-03	[14],[2],[3]	2015-03	[14],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Interest Rate Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2044-05	[14],[2],[3]	2043-09	[14],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Total Return Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Equity Market	[10],[2],[3]	Equity Market	[10],[2],[4]
Notional - liability	(10,757,000)	[10],[2],[3]	(10,374,000)	[10],[2],[4]
Derivative Liabilities	(43,000)	[10],[2],[3]	(67,000)	[10],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Total Return Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2014-09	[10],[2],[3]	2014-09	[10],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Total Return Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2015-09	[10],[2],[3]	2015-09	[10],[2],[4]
Financial Derivatives - Liabilities [Member] | Swap [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(47,020,000)	[2],[3]	(42,296,000)	[2],[4]
Investment owned as a percentage of equity	(7.45%)	[2],[3],[5]	(6.76%)	[2],[4],[5]
Net proceeds	(28,894,000)	[2],[3]	(29,746,000)	[2],[4]
Financial Derivatives - Liabilities [Member] | Long US Treasury Note Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure			Interest Rates	[2],[24],[4]
Notional - liability			227,200,000	[2],[24],[4]
Range of expiration dates			2014-03	[2],[24],[4]
Derivative Liabilities			(2,370,000)	[2],[24],[4]
Financial Derivatives - Liabilities [Member] | Short Eurodollar Future [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[16],[2],[3]	Interest Rates	[16],[2],[4]
Notional - liability	(748,000,000)	[16],[2],[3]	(14,000,000)	[16],[2],[4]
Derivative Liabilities	(323,000)	[16],[2],[3]	(3,000)	[16],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Eurodollar Future [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2015-03	[16],[2],[3]	2014-03	[16],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Eurodollar Future [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2016-12	[16],[2],[3]	2015-09	[16],[2],[4]
Financial Derivatives - Liabilities [Member] | Option on CDS on Corporate Bond Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[2],[25],[3]
Notional - liability	(20,790,000)	[2],[25],[3]
Range of expiration dates	2014-09	[2],[25],[3]
Derivative Liabilities	(76,000)	[2],[25],[3]
Financial Derivatives - Liabilities [Member] | Interest Rate Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure			Interest Rates	[2],[21],[4]
Notional - liability			(4,000,000)	[2],[21],[4]
Range of expiration dates			2014-04	[2],[21],[4]
Derivative Liabilities			(84,000)	[2],[21],[4]
Financial Derivatives - Liabilities [Member] | Straddle Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[26],[3]
Notional - liability	30,000,000	[2],[26],[3]
Range of expiration dates	2019-05	[2],[26],[3]
Derivative Liabilities	(144,000)	[2],[26],[3]
Financial Derivatives - Liabilities [Member] | Payer Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[18],[2],[3]
Notional - liability	8,300,000	[18],[2],[3]
Range of expiration dates	2017-01	[18],[2],[3]
Derivative Liabilities	(486,000)	[18],[2],[3]
Financial Derivatives - Liabilities [Member] | Options [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(706,000)	[2],[3]	(84,000)	[2],[4]
Investment owned as a percentage of equity	(0.11%)	[2],[3],[5]	(0.01%)	[2],[4],[5]
Net proceeds	(87,000)	[2],[3]
Financial Derivatives - Liabilities [Member] | Forwards [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(314,000)	[2],[3]	(38,000)	[2],[4]
Investment owned as a percentage of equity	(0.05%)	[2],[3],[5]	(0.01%)	[2],[4],[5]
Financial Derivatives - Liabilities [Member] | Short Currency Forward [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Currency	[2],[27],[3]	Currency	[2],[4]
Notional - liability	(40,900,000)	[2],[27],[3]	(6,575,000)	[2],[4]
Range of expiration dates	2014-09	[2],[27],[3]	2014-03	[2],[4]
Derivative Liabilities	(314,000)	[2],[27],[3]	(38,000)	[2],[4]
Financial Derivatives - Liabilities [Member] | Short US Treasury Note Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[28],[3]
Notional - liability	(17,600,000)	[2],[28],[3]
Range of expiration dates	2014-09	[2],[28],[3]
Derivative Liabilities	(15,000)	[2],[28],[3]
Financial Derivatives - Liabilities [Member] | Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(338,000)	[2],[3]	(2,373,000)	[2],[4]
Investment owned as a percentage of equity	(0.05%)	[2],[3],[5]	(0.38%)	[2],[4],[5]
North America [Member] | Financial Derivatives - Assets [Member]
Investment Holdings, Other than Securities [Line Items]
Notional - asset	92,115,000
Derivative Asset	59,458,000
Investment owned as a percentage of equity	9.42%
Net cost	54,200,000
Europe [Member] | Financial Derivatives - Assets [Member]
Investment Holdings, Other than Securities [Line Items]
Notional - asset	(9,211,000)
Derivative Asset	12,000
Investment owned as a percentage of equity	0.00%
Net cost	$ 0

[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] 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 2,396,102 $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] 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 %

[5] Classification percentages are based on Total Equity.

[6] For long credit default swaps, the Company sold protection.

[7] For long credit default swaps on asset-backed indices, the Company sold protection.

[8] For long credit default swaps on corporate bond indices, the Company sold protection.

[9] For long interest rate swap contracts, a floating rate is being paid and a fixed rate is being received.

[10] Notional value represents number of underlying shares or par value times the closing price of the underlying security.

[11] For short credit default swaps, the Company purchased protection.

[12] For short credit default swaps on asset-backed securities, the Company purchased protection.

[13] For short credit default swaps on asset-backed indices, the Company purchased protection.

[14] For short interest rate swap contracts, a fixed rate is being paid and a floating rate is being received.

[15] Notional value represents the total face amount of U.S. Treasury Notes underlying all contracts held; as of June 30, 2014, 337 contracts were held.

[16] Every $1,000,000 in notional value represents one contract.

[17] Represents the option on the part of the Company to enter into a credit default swap on a corporate bond index whereby the Company would pay a fixed rate and receive credit protection payments.

[18] Represents the option on the part of the Company to enter into an interest rate swap whereby the Company would pay a fixed rate and receive a floating rate.

[19] Represents the option on the part of the Company to enter into an interest rate swap with the Company whereby the Company would receive a fixed rate and pay a floating rate.

[20] Represents the combination of a written payer swaption and a written receiver swaption on the same underlying swap.

[21] Represents the option on the part of a counterparty to enter into an interest rate swap with the Company whereby the Company would receive a fixed rate and pay a floating rate.

[22] Notional amount represents U.S. Dollars to be paid by the Company at the maturity of the forward contract.

[23] For short credit default swaps on corporate bond indices, the Company purchased protection.

[24] Notional value represents the total face amount of U.S. Treasury Notes underlying all contracts held; as of December 31, 2013 1,847 contracts were held.

[25] Represents the option on the part of a counterparty to enter into a credit default swap on a corporate bond index whereby the Company would receive a fixed rate and pay credit protection payments.

[26] Represents the combination of a purchased payer swaption and a purchased receiver swaption on the same underlying swap.

[27] Notional amount represents U.S. Dollars to be received by the Company at the maturity of the forward contract.

[28] Notional value represents the total face amount of U.S. Treasury Notes underlying all contracts held; as of June 30, 2014, 88 contracts were held.