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Consolidated Condensed Schedule Of Investments (Investments Sold Short) - USD ($)
shares in Thousands, $ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2015
Dec. 31, 2014
Investments Sold, Not yet Purchased [Line Items]    
Investments sold short, at fair value- $ (987,755) $ (1,291,370)
Proceeds from investments sold short $ (985,360) $ (1,290,091)
TBA - Fixed Rate Agency Securities Sold Short [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Investment Sold, Not yet Purchased, Percent of Equity (116.39%) [1],[2],[3] (153.39%) [4],[5],[6],[7]
Current Principal/Notional Amount $ (829,088) $ (1,135,218)
Investments sold short, at fair value- (882,650) [1],[3] (1,209,539) [4],[6],[7]
Proceeds from investments sold short $ (880,077) [1],[3] $ (1,205,876) [4],[6],[7]
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 (82.34%) (121.95%)
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 (30.33%) (31.44%)
TBA - Fixed Rate Agency Securities Sold Short [Member] | Government National Mortgage Association [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Investment Sold, Not yet Purchased, Percent of Equity (3.72%)  
Government debt sold short [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Investment Sold, Not yet Purchased, Percent of Equity (13.86%) [2],[3] (7.02%) [5],[6],[7]
Investments sold short, at fair value- $ (105,105) [3] $ (55,315) [6],[7]
Proceeds from investments sold short $ (105,283) [3] $ (56,610) [6],[7]
Common Stock Sold Short [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Investment Sold, Not yet Purchased, Percent of Equity [5],[6],[7]   (3.36%)
Investments sold short, at fair value- [6],[7]   $ (26,516)
Proceeds from investments sold short [6],[7]   $ (27,605)
Securities Sold Short - Securities Sold, Not Yet Purchased [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Investment Sold, Not yet Purchased, Percent of Equity (130.25%) [2],[3] (163.77%) [5],[6],[7]
Investments sold short, at fair value- $ (987,755) [3] $ (1,291,370) [6],[7]
Proceeds from investments sold short $ (985,360) [3] $ (1,290,091) [6],[7]
North America [Member] | Government debt sold short [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Investment Sold, Not yet Purchased, Percent of Equity (10.54%) [2],[3] (3.14%) [5],[6],[7]
Investments sold short, at fair value- $ (79,953) [3] $ (24,709) [6],[7]
Proceeds from investments sold short $ (79,239) [3] $ (24,602) [6],[7]
Europe [Member] | Government debt sold short [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Investment Sold, Not yet Purchased, Percent of Equity (3.32%) [2],[3] (3.88%) [5],[6],[7]
Investments sold short, at fair value- $ (25,152) [3] $ (30,606) [6],[7]
Proceeds from investments sold short (26,044) [3] (32,008) [6],[7]
Mortgage-related Residential [Member] | North America [Member] | 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 $ (132,607) [1],[3] $ (123,117) [4],[6],[7]
Rate 4.00% [1],[3] 4.00% [4],[6],[7]
Investments maturity date 2015-10 [1],[3] 2015-01 [4],[6],[7]
Investments sold short, at fair value- $ (141,154) [1],[3] $ (131,254) [4],[6],[7]
Mortgage-related Residential [Member] | North America [Member] | 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 $ (114,080) [1],[3] $ (146,580) [4],[6],[7]
Rate 3.50% [1],[3] 3.50% [4],[6],[7]
Investments maturity date 2015-10 [1],[3] 2015-01 [4],[6],[7]
Investments sold short, at fair value- $ (120,497) [1],[3] $ (154,837) [4],[6],[7]
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 4.50% 2015-10 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (91,910)  
Rate [1],[3] 4.50%  
Investments maturity date [1],[3] 2015-10  
Investments sold short, at fair value- [1],[3] $ (99,640)  
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 4.00% 2015-10 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (92,458)  
Rate [1],[3] 4.00%  
Investments maturity date [1],[3] 2015-10  
Investments sold short, at fair value- [1],[3] $ (98,623)  
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 3.50% 2015-10 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (78,842)  
Rate [1],[3] 3.50%  
Investments maturity date [1],[3] 2015-10  
Investments sold short, at fair value- [1],[3] $ (82,242)  
Mortgage-related Residential [Member] | North America [Member] | 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 $ (51,970) [1],[3] $ (54,100) [4],[6],[7]
Rate 5.00% [1],[3] 5.00% [4],[6],[7]
Investments maturity date 2015-10 [1],[3] 2015-02 [4],[6],[7]
Investments sold short, at fair value- $ (57,270) [1],[3] $ (59,698) [4],[6],[7]
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 4.50% 2015-11 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (39,200)  
Rate [1],[3] 4.50%  
Investments maturity date [1],[3] 2015-11  
Investments sold short, at fair value- [1],[3] $ (42,462)  
Mortgage-related Residential [Member] | North America [Member] | 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 $ (35,750) [1],[3] $ (38,360) [4],[6],[7]
Rate 3.00% [1],[3] 3.00% [4],[6],[7]
Investments maturity date 2015-10 [1],[3] 2015-01 [4],[6],[7]
Investments sold short, at fair value- $ (37,225) [1],[3] $ (39,870) [4],[6],[7]
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 Year) 4.50% 2015-10 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (30,231)  
Rate [1],[3] 4.50%  
Investments maturity date [1],[3] 2015-10  
Investments sold short, at fair value- [1],[3] $ (32,716)  
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 4.00% 2015-11 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (30,200)  
Rate [1],[3] 4.00%  
Investments maturity date [1],[3] 2015-11  
Investments sold short, at fair value- [1],[3] $ (32,155)  
Mortgage-related Residential [Member] | North America [Member] | 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 $ (28,800) [1],[3] $ (15,850) [4],[6],[7]
Rate 2.50% [1],[3] 2.50% [4],[6],[7]
Investments maturity date 2015-10 [1],[3] 2015-01 [4],[6],[7]
Investments sold short, at fair value- $ (29,362) [1],[3] $ (16,140) [4],[6],[7]
Mortgage-related Residential [Member] | North America [Member] | 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 $ (19,980) [1],[3] $ (20,300) [4],[6],[7]
Rate 3.50% [1],[3] 3.50% [4],[6],[7]
Investments maturity date 2015-10 [1],[3] 2015-01 [4],[6],[7]
Investments sold short, at fair value- $ (21,066) [1],[3] $ (21,429) [4],[6],[7]
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Government National Mortgage Association (30 Year) 4.00% [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (16,950)  
Rate [1],[3] 4.00%  
Investments maturity date [1],[3] 2015-10  
Investments sold short, at fair value- [1],[3] $ (18,057)  
Mortgage-related Residential [Member] | North America [Member] | 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 $ (16,510) [1],[3] $ (4,100) [4],[6],[7]
Rate 3.00% [1],[3] 3.00% [4],[6],[7]
Investments maturity date 2015-10 [1],[3] 2015-01 [4],[6],[7]
Investments sold short, at fair value- $ (17,176) [1],[3] $ (4,256) [4],[6],[7]
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 year) 4.50% 2015-11 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (15,200)  
Rate [1],[3] 4.50%  
Investments maturity date [1],[3] 2015-11  
Investments sold short, at fair value- [1],[3] $ (16,435)  
Mortgage-related Residential [Member] | North America [Member] | 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 $ (11,170) [1],[3] $ (7,900) [4],[6],[7]
Rate 4.00% [1],[3] 4.00% [4],[6],[7]
Investments maturity date 2015-10 [1],[3] 2015-02 [4],[6],[7]
Investments sold short, at fair value- $ (11,695) [1],[3] $ (8,365) [4],[6],[7]
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Government National Mortgage Association (30 Year) 3.50% [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (8,570)  
Rate [1],[3] 3.50%  
Investments maturity date [1],[3] 2015-10  
Investments sold short, at fair value- [1],[3] $ (8,966)  
Mortgage-related Residential [Member] | North America [Member] | 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 $ (6,860) [1],[3] $ (6,860) [4],[6],[7]
Rate 5.50% [1],[3] 5.50% [4],[6],[7]
Investments maturity date 2015-10 [1],[3] 2015-01 [4],[6],[7]
Investments sold short, at fair value- $ (7,665) [1],[3] $ (7,673) [4],[6],[7]
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 year) 3.50% 2015-11 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (5,400)  
Rate [1],[3] 3.50%  
Investments maturity date [1],[3] 2015-11  
Investments sold short, at fair value- [1],[3] $ (5,620)  
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 year) 5.50% [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (1,300)  
Rate [1],[3] 5.50%  
Investments maturity date [1],[3] 2015-10  
Investments sold short, at fair value- [1],[3] $ (1,442)  
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Government National Mortgage Association (30 Year) 4.50% [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [1],[3] $ (1,100)  
Rate [1],[3] 4.50%  
Investments maturity date [1],[3] 2015-10  
Investments sold short, at fair value- [1],[3] $ (1,182)  
Mortgage-related Residential [Member] | North America [Member] | 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 [4],[6],[7]   $ (213,928)
Rate [4],[6],[7]   4.00%
Investments maturity date [4],[6],[7]   2015-01
Investments sold short, at fair value- [4],[6],[7]   $ (228,376)
Mortgage-related Residential [Member] | North America [Member] | 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 [4],[6],[7]   $ (205,082)
Rate [4],[6],[7]   3.50%
Investments maturity date [4],[6],[7]   2015-01
Investments sold short, at fair value- [4],[6],[7]   $ (213,870)
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 Year) 4.50% 2015-01 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [4],[6],[7]   $ (92,080)
Rate [4],[6],[7]   4.50%
Investments maturity date [4],[6],[7]   2015-01
Investments sold short, at fair value- [4],[6],[7]   $ (99,968)
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 Year) 5.00% 2015-01 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [4],[6],[7]   $ (48,150)
Rate [4],[6],[7]   5.00%
Investments maturity date [4],[6],[7]   2015-01
Investments sold short, at fair value- [4],[6],[7]   $ (53,193)
Mortgage-related Residential [Member] | North America [Member] | 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 [4],[6],[7]   $ (48,800)
Rate [4],[6],[7]   4.50%
Investments maturity date [4],[6],[7]   2015-02
Investments sold short, at fair value- [4],[6],[7]   $ (52,889)
Mortgage-related Residential [Member] | North America [Member] | 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 [4],[6],[7]   $ (36,081)
Rate [4],[6],[7]   4.50%
Investments maturity date [4],[6],[7]   2015-01
Investments sold short, at fair value- [4],[6],[7]   $ (39,111)
Mortgage-related Residential [Member] | North America [Member] | 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 [4],[6],[7]   $ (26,400)
Rate [4],[6],[7]   4.00%
Investments maturity date [4],[6],[7]   2015-02
Investments sold short, at fair value- [4],[6],[7]   $ (28,071)
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (30 Year) 4.00% 2015-02 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [4],[6],[7]   $ (21,840)
Rate [4],[6],[7]   4.00%
Investments maturity date [4],[6],[7]   2015-02
Investments sold short, at fair value- [4],[6],[7]   $ (23,255)
Mortgage-related Residential [Member] | North America [Member] | 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],[6],[7]   $ (14,020)
Rate [4],[6],[7]   3.50%
Investments maturity date [4],[6],[7]   2015-01
Investments sold short, at fair value- [4],[6],[7]   $ (14,579)
Mortgage-related Residential [Member] | North America [Member] | 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],[6],[7]   $ (6,000)
Rate [4],[6],[7]   5.00%
Investments maturity date [4],[6],[7]   2015-01
Investments sold short, at fair value- [4],[6],[7]   $ (6,622)
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal National Mortgage Association (15 Year) 4.00% 2015-01 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [4],[6],[7]   $ (3,270)
Rate [4],[6],[7]   4.00%
Investments maturity date [4],[6],[7]   2015-01
Investments sold short, at fair value- [4],[6],[7]   $ (3,465)
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (30 Year) 5.50% 2015-01 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [4],[6],[7]   $ (1,300)
Rate [4],[6],[7]   5.50%
Investments maturity date [4],[6],[7]   2015-01
Investments sold short, at fair value- [4],[6],[7]   $ (1,453)
Mortgage-related Residential [Member] | North America [Member] | TBA - Fixed Rate Agency Securities Sold Short [Member] | Federal Home Loan Mortgage Corporation (15 Year) 4.00% 2015-01 [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [4],[6],[7]   $ (1,100)
Rate [4],[6],[7]   4.00%
Investments maturity date [4],[6],[7]   2015-01
Investments sold short, at fair value- [4],[6],[7]   $ (1,165)
Government [Member] | North America [Member] | Government debt sold short [Member] | US Treasury Notes Securities [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount (79,750) [3] (22,485) [6],[7]
Investments sold short, at fair value- $ (79,953) [3] (22,560) [6],[7]
Government [Member] | North America [Member] | Government debt sold short [Member] | US Treasury Bond Securities [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount [6],[7]   $ (2,000)
Rate [6],[7]   3.13%
Investments maturity date [6],[7]   2044-08
Investments sold short, at fair value- [6],[7]   $ (2,149)
Government [Member] | North America [Member] | Government debt sold short [Member] | Minimum [Member] | US Treasury Notes Securities [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Rate 1.25% [3] 1.25% [6],[7]
Investments maturity date 2018-10 [3] 2018-10 [6],[7]
Government [Member] | North America [Member] | Government debt sold short [Member] | Maximum [Member] | US Treasury Notes Securities [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Rate 2.25% [3] 2.25% [6],[7]
Investments maturity date 2025-08 [3] 2024-11 [6],[7]
Government [Member] | Europe [Member] | Government debt sold short [Member] | Sovereign Debt Securities [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Current Principal/Notional Amount $ (24,567) [3] $ (28,118) [6],[7]
Investments sold short, at fair value- $ (25,152) [3] $ (30,606) [6],[7]
Government [Member] | Europe [Member] | Government debt sold short [Member] | Minimum [Member] | Sovereign Debt Securities [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Rate 0.25% [3] 2.75% [6],[7]
Investments maturity date 2016-09 [3] 2016-09 [6],[7]
Government [Member] | Europe [Member] | Government debt sold short [Member] | Maximum [Member] | Sovereign Debt Securities [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Rate 4.00% [3] 4.00% [6],[7]
Investments maturity date 2019-04 [3] 2019-04 [6],[7]
Financial [Member] | North America [Member] | Common Stock Sold Short [Member] | Publicly Traded Real Estate Investment Trusts [Member]    
Investments Sold, Not yet Purchased [Line Items]    
Investments sold short, at fair value- [6],[7]   $ (26,516)
Investment Sold, Not yet Purchased, Balance, Shares [6],[7]   (2,986)
[1] At September 30, 2015, the Company's short investments guaranteed by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Government National Mortgage Association, represented 82.34%, 30.33%, and 3.72% of equity, respectively.
[2] Classification percentages are based on Total Equity.
[3] See Note 2 and Note 3 in Notes to Consolidated Financial Statements.
[4] At December 31, 2014, the Company's short investments guaranteed by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, represented 121.95% and 31.44% of equity, respectively.
[5] Classification percentages are based on Total Equity.
[6] Conformed to current period presentation.
[7] See Note 2 and Note 3 in Notes to Consolidated Financial Statements.