XML 60 R47.htm IDEA: XBRL DOCUMENT v3.5.0.2
Financial Derivatives (Schedule Of Gains And Losses On Derivative Contracts) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Derivative [Line Items]        
Foreign currency transactions $ (1,564) $ (2,555) $ (1,499) $ (1,092)
Net Realized Gain/Loss on Financial Derivatives (21,370) [1] 2,358 [2] (35,082) [1] (11,693) [2]
Unrealized Gain (Loss) on Financial Derivatives 7,540 [3] (3,449) [2],[4] (15,574) [3] 4,953 [2],[4]
Foreign currency translation 2,190 2,403 3,108 (701)
Reimbursement from third party   1,500   1,500
Derivative [Member]        
Derivative [Line Items]        
Foreign currency transactions 400   300  
Foreign currency translation (100) 58 1,000 (80)
Credit Risk [Member] | Credit Default Swaps On Asset Backed Securities [Member]        
Derivative [Line Items]        
Net Realized Gain/Loss on Financial Derivatives 622 [1] 428 [2] 1,007 [1] (777) [2]
Unrealized Gain (Loss) on Financial Derivatives (288) [3] (292) [2],[4] (518) [3] 369 [2],[4]
Credit Risk [Member] | Credit Default Swaps On Asset Backed Indices [Member]        
Derivative [Line Items]        
Net Realized Gain/Loss on Financial Derivatives 983 [1] (219) [2] 3,790 [1] (492) [2]
Unrealized Gain (Loss) on Financial Derivatives (2,660) [3] (166) [2],[4] (905) [3] (622) [2],[4]
Credit Risk [Member] | Credit Default Swaps On Corporate Bond Indices [Member]        
Derivative [Line Items]        
Net Realized Gain/Loss on Financial Derivatives (21,220) [1] (4,384) [2] (34,230) [1] (6,145) [2]
Unrealized Gain (Loss) on Financial Derivatives 12,572 [3] 4,968 [2],[4] (5,260) [3] 5,639 [2],[4]
Credit Risk [Member] | Credit Default Swaps On Corporate Bonds [Member]        
Derivative [Line Items]        
Net Realized Gain/Loss on Financial Derivatives 110 [1] 36 [2] 237 [1] (903) [2]
Unrealized Gain (Loss) on Financial Derivatives (14) [3] (54) [2],[4] 47 [3] 723 [2],[4]
Equity Market/Credit Risk [Member] | Total Return Swaps [Member]        
Derivative [Line Items]        
Net Realized Gain/Loss on Financial Derivatives (4,408) [1] 3,639 [2] (11,323) [1] 1,075 [2]
Unrealized Gain (Loss) on Financial Derivatives (917) [3] (1,204) [2],[4] 3,466 [3] (2,862) [2],[4]
Interest Rate Risk [Member] | Interest Rate Swaps [Member]        
Derivative [Line Items]        
Net Realized Gain/Loss on Financial Derivatives 182 [1] 2 [2],[5] (1,167) [1] (8,945) [2],[5]
Unrealized Gain (Loss) on Financial Derivatives 1,087 [3] (7,585) [2],[4],[5] (11,129) [3] (1,787) [2],[4],[5]
Interest Rate Risk [Member] | Purchase Commitment [Member]        
Derivative [Line Items]        
Net Realized Gain/Loss on Financial Derivatives [1] 0 0 0 0
Unrealized Gain (Loss) on Financial Derivatives [3] 0 11 8 11
Interest Rates/Equity Market Risk [Member] | Futures [Member]        
Derivative [Line Items]        
Net Realized Gain/Loss on Financial Derivatives (89) [1] (1,043) [2] (824) [1] 1,425 [2]
Unrealized Gain (Loss) on Financial Derivatives 271 [3] (595) [2],[4] 417 [3] (1,172) [2],[4]
Currency risk [Member] | Forwards [Member]        
Derivative [Line Items]        
Net Realized Gain/Loss on Financial Derivatives 1,525 [1] 415 [2] 221 [1] 1,890 [2]
Unrealized Gain (Loss) on Financial Derivatives (1,855) [3] (153) [2],[4] (1,402) [3] 87 [2],[4]
Equity Market Risk [Member] | Warrant [Member]        
Derivative [Line Items]        
Net Realized Gain/Loss on Financial Derivatives [1] 0   (50)  
Unrealized Gain (Loss) on Financial Derivatives [3] 0   0  
Credit/Interest Rate Risk [Member] | Options [Member]        
Derivative [Line Items]        
Net Realized Gain/Loss on Financial Derivatives 925 [1] 3,484 [2] 7,257 [1] 1,179 [2]
Unrealized Gain (Loss) on Financial Derivatives $ (656) [3] $ 1,621 [2],[4] $ (298) [3] $ 4,567 [2],[4]
[1] Includes gain/(loss) on foreign currency transactions on derivatives in the amount of $0.4 million and $0.3 million, for the three and nine month periods ended September 30, 2016, which is included on the Consolidated Statement of Operations in Realized gain (loss) on foreign currency transactions.
[2] Conformed to current period presentation.
[3] Includes foreign currency translation on derivatives in the amount of $(0.1) million and $1.0 million, for the three and nine month periods ended September 30, 2016, which is included on the Consolidated Statement of Operations in Change in net unrealized gain (loss) on foreign currency translation.
[4] Includes foreign currency translation on derivatives in the amount of $58 thousand and $(80) thousand, for the three and nine month periods ended September 30, 2015, respectively, which is included on the Consolidated Statement of Operations in Change in net unrealized gain (loss) on foreign currency translation.
[5] Includes a $1.5 million reimbursement from a third party for the nine month period ended September 30, 2015.