Consolidated Condensed Schedule Of Investments (Financial Derivatives) (USD $)	9 Months Ended		12 Months Ended
	Sep. 30, 2014 contracts		Dec. 31, 2013 contracts
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	$ 56,366,000	[1]	$ 59,664,000	[1]
Derivative Liabilities	(47,331,000)	[1]	(44,791,000)	[1]
Net cost	45,074,000		50,533,000
Net proceeds	(33,950,000)		(29,746,000)
Index multiplier	50
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	1,934		1,847
Short US Treasury Note Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Number of contracts	29
Financial Derivatives - Assets [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset, Notional Amount	625,805,000
Derivative Asset	56,366,000	[2],[3]	59,664,000	[2],[4]
Investment owned as a percentage of equity	6.94%	[2],[3],[5]	9.53%	[2],[4],[5]
Net cost	45,074,000	[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]
Derivative Asset, Notional Amount	1,789,000	[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	57,000	[2],[3],[6]	61,000	[2],[4],[7]
Net proceeds	217,000	[2],[3],[6]	(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]
Derivative Asset, Notional Amount	114,693,000	[2],[3],[6]	70,425,000	[2],[4],[8]
Range of expiration dates			2018-12	[2],[4],[8]
Derivative Asset	20,044,000	[2],[3],[6]	14,273,000	[2],[4],[8]
Net cost	19,410,000	[2],[3],[6]	13,248,000	[2],[4],[8]
Financial Derivatives - Assets [Member] | Long Credit Default Swap On Corporate Bond Indices [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2018-12	[2],[3],[6]
Financial Derivatives - Assets [Member] | Long Credit Default Swap On Corporate Bond Indices [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2019-06	[2],[3],[6]
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]
Derivative Asset, Notional Amount	682,994,000	[2],[3],[9]	153,100,000	[2],[4],[9]
Derivative Asset	8,446,000	[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	2016-09	[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	2044-09	[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],[4]
Derivative Asset, Notional Amount			3,044,000	[10],[2],[4]
Derivative Asset			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]
Derivative Asset, Notional Amount	(18,892,000)	[11],[2],[3]	(23,426,000)	[12],[2],[4]
Derivative Asset	12,788,000	[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]
Derivative Asset, Notional Amount	(66,061,000)	[11],[2],[3]	(72,422,000)	[13],[2],[4]
Derivative Asset	2,247,000	[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]
Derivative Asset, Notional Amount	(1,059,638,000)	[14],[2],[3]	(840,600,000)	[14],[2],[4]
Derivative Asset	11,518,000	[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	2044-09	[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]
Derivative Asset, Notional Amount	(3,065,000)	[10],[2],[3]	(23,000)	[10],[2],[4]
Range of expiration dates			2015-09	[10],[2],[4]
Derivative Asset	29,000	[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	2016-10	[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	2018-10	[10],[2],[3]
Financial Derivatives - Assets [Member] | Swap [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	55,129,000	[2],[3]	59,413,000	[2],[4]
Investment owned as a percentage of equity	6.79%	[2],[3],[5]	9.49%	[2],[4],[5]
Net cost	45,042,000	[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]
Derivative Asset, Notional Amount	242,100,000	[15],[2],[3]
Range of expiration dates	2014-12	[15],[2],[3]
Derivative Asset	477,000	[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]
Derivative Asset, Notional Amount	18,000,000	[16],[2],[3]
Range of expiration dates	2014-12	[16],[2],[3]
Derivative Asset	0	[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]
Derivative Asset, Notional Amount	(186,000,000)	[16],[2],[3]
Derivative Asset	65,000	[16],[2],[3]
Financial Derivatives - Assets [Member] | Short Eurodollar Future [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2015-09	[16],[2],[3]
Financial Derivatives - Assets [Member] | Short Eurodollar Future [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2016-12	[16],[2],[3]
Financial Derivatives - Assets [Member] | Short Equity Index Future [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[17],[2],[3]
Derivative Asset, Notional Amount	(2,850,000)	[17],[2],[3]
Range of expiration dates	2014-12	[17],[2],[3]
Derivative Asset	7,000	[17],[2],[3]
Financial Derivatives - Assets [Member] | Purchased Options on Eurodollar Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[18],[2],[3]
Derivative Asset, Notional Amount	150,000,000	[18],[2],[3]
Range of expiration dates	2015-03	[18],[2],[3]
Derivative Asset	31,000	[18],[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	[19],[2],[4]
Derivative Asset, Notional Amount			22,588,000	[19],[2],[4]
Range of expiration dates			2014-06	[19],[2],[4]
Derivative Asset			190,000	[19],[2],[4]
Financial Derivatives - Assets [Member] | Interest Rate Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure			Interest Rates	[2],[20],[4]
Derivative Asset, Notional Amount			15,000,000	[2],[20],[4]
Range of expiration dates			2014-04	[2],[20],[4]
Derivative Asset			61,000	[2],[20],[4]
Financial Derivatives - Assets [Member] | Payer Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[20],[3]
Derivative Asset, Notional Amount	774,000,000	[2],[20],[3]
Derivative Asset	261,000	[2],[20],[3]
Financial Derivatives - Assets [Member] | Payer Swaption [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-02	[2],[20],[3]
Financial Derivatives - Assets [Member] | Payer Swaption [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-03	[2],[20],[3]
Financial Derivatives - Assets [Member] | Options [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	292,000	[2],[3]	251,000	[2],[4]
Investment owned as a percentage of equity	0.03%	[2],[3],[5]	0.04%	[2],[4],[5]
Net cost	32,000	[2],[3]	494,000	[2],[4]
Financial Derivatives - Assets [Member] | Long Currency Forward [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Currency	[2],[21],[3]
Derivative Asset, Notional Amount	(21,265,000)	[2],[21],[3]
Range of expiration dates	2014-12	[2],[21],[3]
Derivative Asset	396,000	[2],[21],[3]
Financial Derivatives - Assets [Member] | Forwards [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	396,000	[2],[3]
Investment owned as a percentage of equity	0.05%	[2],[3],[5]
Financial Derivatives - Assets [Member] | Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	549,000	[2],[3]
Investment owned as a percentage of equity	0.07%	[2],[3],[5]
Financial Derivatives - Liabilities [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liability, Notional Amount	(634,575,000)
Derivative Liabilities	(47,331,000)	[2],[3]	(44,791,000)	[2],[4]
Investment owned as a percentage of equity	(5.83%)	[2],[3],[5]	(7.16%)	[2],[4],[5]
Net proceeds	(33,950,000)	[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]
Derivative Liability, Notional Amount	14,770,000	[2],[3],[6]	44,082,000	[2],[4],[7]
Derivative Liabilities	(4,311,000)	[2],[3],[6]	(11,866,000)	[2],[4],[7]
Net proceeds	(5,461,000)	[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	2047-01	[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]
Derivative Liability, Notional Amount	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	(1,166,000)	[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]
Derivative Liability, Notional Amount	5,005,000	[2],[3],[6]
Derivative Liabilities	(2,583,000)	[2],[3],[6]
Net proceeds	(1,968,000)	[2],[3],[6]
Financial Derivatives - Liabilities [Member] | Long Credit Default Swap On Corporate Bonds [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2019-06	[2],[3],[6]
Financial Derivatives - Liabilities [Member] | Long Credit Default Swap On Corporate Bonds [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2019-12	[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]
Derivative Liability, Notional Amount	438,894,000	[2],[3],[9]	234,600,000	[2],[4],[9]
Derivative Liabilities	(1,141,000)	[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	2016-07	[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	2044-10	[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]
Derivative Liability, Notional Amount	76,371,000	[10],[2],[3]	47,974,000	[10],[2],[4]
Range of expiration dates			2015-06	[10],[2],[4]
Derivative Liabilities	(40,000)	[10],[2],[3]	0	[10],[2],[4]
Financial Derivatives - Liabilities [Member] | Long Total Return Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2018-06	[10],[2],[3]
Financial Derivatives - Liabilities [Member] | Long Total Return Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2019-10	[10],[2],[3]
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]
Derivative Liability, Notional Amount	(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	(378,000)	[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]
Derivative Liability, Notional Amount	(16,250,000)	[11],[2],[3]
Range of expiration dates	2063-05	[11],[2],[3]
Derivative Liabilities	(74,000)	[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],[22],[4]
Derivative Liability, Notional Amount	(284,577,000)	[11],[2],[3]	(337,815,000)	[2],[22],[4]
Derivative Liabilities	(22,463,000)	[11],[2],[3]	(23,902,000)	[2],[22],[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],[22],[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],[22],[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]
Derivative Liability, Notional Amount	(1,098,816,000)	[14],[2],[3]	(323,800,000)	[14],[2],[4]
Derivative Liabilities	(14,625,000)	[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	2044-09	[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]
Derivative Liability, Notional Amount	(7,051,000)	[10],[2],[3]	(10,374,000)	[10],[2],[4]
Range of expiration dates	2018-10	[10],[2],[3]
Derivative Liabilities	0	[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],[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],[4]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swaps on Corporate Bonds [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[11],[2],[3]
Derivative Liability, Notional Amount	(2,475,000)	[11],[2],[3]
Derivative Liabilities	(112,000)	[11],[2],[3]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swaps on Corporate Bonds [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2019-06	[11],[2],[3]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swaps on Corporate Bonds [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2019-09	[11],[2],[3]
Financial Derivatives - Liabilities [Member] | Swap [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(46,893,000)	[2],[3]	(42,296,000)	[2],[4]
Investment owned as a percentage of equity	(5.77%)	[2],[3],[5]	(6.76%)	[2],[4],[5]
Net proceeds	(33,692,000)	[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],[23],[4]
Derivative Liability, Notional Amount			227,200,000	[2],[23],[4]
Range of expiration dates			2014-03	[2],[23],[4]
Derivative Liabilities			(2,370,000)	[2],[23],[4]
Financial Derivatives - Liabilities [Member] | Long Eurodollar Future [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[16],[2],[3]
Derivative Liability, Notional Amount	91,000,000	[16],[2],[3]
Derivative Liabilities	(22,000)	[16],[2],[3]
Financial Derivatives - Liabilities [Member] | Long Eurodollar Future [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-03	[16],[2],[3]
Financial Derivatives - Liabilities [Member] | Long Eurodollar Future [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-06	[16],[2],[3]
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]
Derivative Liability, Notional Amount	(143,000,000)	[16],[2],[3]	(14,000,000)	[16],[2],[4]
Derivative Liabilities	(39,000)	[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	2015-06	[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],[24],[3]
Derivative Liability, Notional Amount	(59,202,000)	[2],[24],[3]
Derivative Liabilities	(158,000)	[2],[24],[3]
Financial Derivatives - Liabilities [Member] | Option on CDS on Corporate Bond Indices [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2014-10	[2],[24],[3]
Financial Derivatives - Liabilities [Member] | Option on CDS on Corporate Bond Indices [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2014-11	[2],[24],[3]
Financial Derivatives - Liabilities [Member] | Written Options on Eurodollar Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[25],[3]
Derivative Liability, Notional Amount	(150,000,000)	[2],[25],[3]
Range of expiration dates	2015-03	[2],[25],[3]
Derivative Liabilities	(6,000)	[2],[25],[3]
Financial Derivatives - Liabilities [Member] | Interest Rate Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure			Interest Rates	[2],[26],[4]
Derivative Liability, Notional Amount			(4,000,000)	[2],[26],[4]
Range of expiration dates			2014-04	[2],[26],[4]
Derivative Liabilities			(84,000)	[2],[26],[4]
Financial Derivatives - Liabilities [Member] | Straddle Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[27],[3]
Derivative Liability, Notional Amount	(34,000,000)	[2],[27],[3]
Range of expiration dates	2025-09	[2],[27],[3]
Derivative Liabilities	(25,000)	[2],[27],[3]
Financial Derivatives - Liabilities [Member] | Payer Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[20],[3]
Derivative Liability, Notional Amount	504,000,000	[2],[20],[3]
Derivative Liabilities	(109,000)	[2],[20],[3]
Financial Derivatives - Liabilities [Member] | Payer Swaption [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-01	[2],[20],[3]
Financial Derivatives - Liabilities [Member] | Payer Swaption [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-02	[2],[20],[3]
Financial Derivatives - Liabilities [Member] | Purchased Straddle Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[28],[3]
Derivative Liability, Notional Amount	30,000,000	[2],[28],[3]
Range of expiration dates	2029-05	[2],[28],[3]
Derivative Liabilities	(79,000)	[2],[28],[3]
Financial Derivatives - Liabilities [Member] | Options [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(377,000)	[2],[3]	(84,000)	[2],[4]
Investment owned as a percentage of equity	(0.05%)	[2],[3],[5]	(0.01%)	[2],[4],[5]
Net proceeds	(258,000)	[2],[3]
Financial Derivatives - Liabilities [Member] | Forwards [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities			(38,000)	[2],[4]
Investment owned as a percentage of equity			(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],[4]
Derivative Liability, Notional Amount			(6,575,000)	[2],[4]
Range of expiration dates			2014-03	[2],[4]
Derivative Liabilities			(38,000)	[2],[4]
Financial Derivatives - Liabilities [Member] | Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(61,000)	[2],[3]	(2,373,000)	[2],[4]
Investment owned as a percentage of equity	(0.01%)	[2],[3],[5]	(0.38%)	[2],[4],[5]
North America [Member] | Financial Derivatives - Assets [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset, Notional Amount	634,538,000
Derivative Asset	56,365,000
Investment owned as a percentage of equity	6.94%
Net cost	45,074,000
North America [Member] | Financial Derivatives - Liabilities [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liability, Notional Amount	(617,900,000)
Derivative Liabilities	(45,569,000)
Investment owned as a percentage of equity	(5.61%)
Net proceeds	(32,133,000)
Europe [Member] | Financial Derivatives - Assets [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset, Notional Amount	(8,733,000)
Derivative Asset	1,000
Investment owned as a percentage of equity	0.00%
Net cost	0
Europe [Member] | Financial Derivatives - Liabilities [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liability, Notional Amount	(16,675,000)
Derivative Liabilities	(1,762,000)
Investment owned as a percentage of equity	(0.22%)
Net proceeds	$ (1,817,000)

[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, financial derivatives–assets, and financial derivatives–liabilities.Region Current Principal/Notional Value/Number of Properties/Number of Shares Cost/(Proceeds) Fair Value Percent ofEquityLong Investments: (In thousands, Expressed in U.S. Dollars) North America 3,161,385 $2,342,001 $2,393,715 294.75 %Europe 43,235 41,351 39,427 4.85 %North America (Common Stock) 13,225 7,924 7,686 0.95 %Total $2,391,276 $2,440,828 300.56 %Investments Sold Short: North America (TBAs and Government Debt) (1,121,387) $(1,178,095) $(1,178,831) (145.16)%Europe (Government Debt) (21,367) (24,110) (23,707) (2.92)%North America (Common Stock) (2,113) (20,838) (19,356) (2.38)%Total $(1,223,043) $(1,221,894) (150.46)%Repurchase Agreements: North America 20,046 $20,045 $20,045 2.47 %Europe 26,994 27,147 26,994 3.32 %Total 47,040 $47,192 $47,039 5.79 %Financial Derivatives–Assets: North America 634,538 $45,074 $56,365 6.94 %Europe (8,733) — 1 — %Total 625,805 $45,074 $56,366 6.94 %Financial Derivatives–Liabilities: North America (617,900) $(32,133) $(45,569) (5.61)%Europe (16,675) (1,817) (1,762) (0.22)%Total (634,575) $(33,950) $(47,331) (5.83)%

[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/Notional Value/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 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 September 30, 2014, 1,934 contracts were held.

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

[17] Notional value represents the number of contracts held times 50 times the Index price at September 30, 2014; as of September 30, 2014, 29 contracts were held.

[18] Represents the option on the part of the Company to enter into a futures contract with a counterparty. Every $1,000,000 in notional value represents one contract.

[19] 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.

[20] 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.

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

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

[23] 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.

[24] 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.

[25] Represents the option on the part of a counterparty to enter into a futures contract with the Company. Every $1,000,000 in notional value represents one contract.

[26] 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.

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

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