Consolidated Statement Of Assets, Liabilities And Equity (USD $) In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015		Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 156,250		$ 114,140
Investments, financial derivatives, and repurchase agreements:
Investments, at fair value (Cost – $1,902,651 and $2,122,326)	1,950,943		2,172,082
Financial derivatives–assets, at fair value (Net cost – $78,599 and $61,560)	89,844	[1]	80,029	[1]
Repurchase agreements (Cost – $45,073 and $172,001)	44,754	[1]	172,001	[1]
Total investments, financial derivatives, and repurchase agreements	2,085,541		2,424,112
Due from brokers	112,763		146,965
Receivable for securities sold	1,230,339		1,237,592
Interest and principal receivable	15,635		20,611
Other assets	2,484		1,935
Total Assets	3,603,012		3,945,355
Investments and financial derivatives:
Investments sold short, at fair value (Proceeds – $1,193,569 and $1,290,091)	1,195,882		1,291,370
Financial derivatives–liabilities, at fair value (Net proceeds – $37,184 and $33,555)	67,667	[1]	66,116	[1]
Total investments and financial derivatives	1,263,549		1,357,486
Reverse repurchase agreements	1,396,112	[1]	1,669,433	[1]
Due to brokers	32,778		22,224
Payable for securities purchased	116,276		98,747
Securitized debt (Proceeds – $663 and $749)	669		774
Accounts payable and accrued expenses	3,218		2,798
Base management fee payable	2,953		2,963
Interest and dividends payable	2,020		2,386
Other Liabilities	13		0
Total Liabilities	2,817,588		3,156,811
Total Equity	785,424		788,544
TOTAL LIABILITIES AND EQUITY	3,603,012		3,945,355
ANALYSIS OF EQUITY:
Common shares, no par value, 100,000,000 shares authorized; (33,449,678 and 33,449,678 shares issued and outstanding)	770,051		772,811
Additional paid-in capital – LTIP units	9,440		9,344
Total Shareholders' Equity	779,491		782,155
Non-controlling interests	5,933		6,389
Total Equity	$ 785,424		$ 788,544
PER SHARE INFORMATION:
Common shares (in usd per share)	$ 23.30	[2]	$ 23.38

[1] In the Company's Consolidated Statement of Assets, Liabilities, and Equity, all balances associated with repurchase agreements, reverse repurchase agreements, and financial derivatives are presented on a gross basis.

[2] If all LTIP units and OP Units previously issued were vested and exchanged for common shares as of March 31, 2015 and 2014, shareholders' equity per share would be $23.01 and $24.10, respectively.