Consolidated Statement Of Cash Flows - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest		$ (18,184)	$ 32,640
Reconciliation of the net increase (decrease) in equity resulting from operations to net cash provided by (used in) operating activities:
Net realized (gain) loss on investments, financial derivatives, and foreign currency transactions		14,322	(11,150)
Change in net unrealized (gain) loss on investments and financial derivatives, and foreign currency translation		24,894	12,653
Amortization of premiums and accretion of discounts (net)		10,333	3,715
Purchase of investments		(1,299,234)	(1,886,733)
Proceeds from disposition of investments		1,264,889	2,037,393
Proceeds from principal payments of investments		120,017	151,590
Proceeds from investments sold short		773,556	1,502,793
Repurchase of investments sold short		(905,408)	(1,610,784)
Payments on financial derivatives (1)	[1]	(168,054)	(201,600)
Proceeds from financial derivatives	[1]	155,132	163,764
Share-based LTIP expense		199	196
(Increase) decrease in assets:
Repurchase agreements		(10,303)	118,213
Receivable for securities sold and financial derivatives		168,812	39,979
Due from brokers		(57,520)	24,710
Interest and principal receivable		1,359	8,515
Restricted cash		952	0
Other assets		2,383	(1,396)
Increase (decrease) in liabilities:
Due to brokers		(20,082)	14,449
Payable for securities purchased and financial derivatives		31,799	(35,547)
Accounts payable and accrued expenses		(571)	(105)
Other liabilities		(504)	13
Interest and dividends payable		717	(93)
Base management fee payable		(220)	(44)
Net cash provided by (used in) operating activities		89,284	363,171
Cash flows provided by (used in) financing activities:
Contributions from non-controlling interests		684	1,430
Shares repurchased		(6,624)	0
Offering costs paid		0	(30)
Dividends paid		(33,616)	(44,318)
Distributions to non-controlling Interest		(2,228)	(1,410)
Proceeds from issuance of securitized debt		23,238	0
Principal payments on securitized debt		(10,205)	(102)
Borrowings under Reverse Repurchase Agreements		3,220,229	5,388,655
Repayments of reverse repurchase agreements		(3,324,313)	(5,697,680)
Net cash provided by (used in) financing activities		(132,835)	(353,455)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(43,551)	9,716
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		183,909	114,140
CASH AND CASH EQUIVALENTS, END OF PERIOD		140,358	123,856
Supplemental disclosure of cash flow information:
Interest paid		7,442	6,119
Share-based LTIP awards (non-cash)		199	196
Aggregate TBA trade activity (buys sells) (non-cash)		$ 11,246,156	$ 17,246,523

[1] Conformed to current period presentation.