Consolidated Balance Sheet - USD ($) $ in Thousands		Dec. 31, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents		$ 47,233	$ 123,274
Restricted cash		425	655
Investments, financial derivatives, and repurchase agreements:
Investments, at fair value (Cost – $2,071,754 and $1,525,710)		2,071,707	1,505,026
Financial derivatives–assets, at fair value (Net cost – $31,474 and $40,724)	[1]	28,165	35,595
Repurchase agreements, at fair value (Cost – $155,109 and $185,205)	[1]	155,949	184,819
Total investments, financial derivatives, and repurchase agreements		2,255,821	1,725,440
Due from brokers		140,404	93,651
Receivable for securities sold and financial derivatives		476,000	445,112
Interest and principal receivable		29,688	21,704
Other assets		43,770	3,359
Total Assets		2,993,341	2,413,195
Investments and financial derivatives:
Investments sold short, at fair value (Proceeds – $640,202 and $589,429)		642,240	584,896
Financial derivatives–liabilities, at fair value (Net proceeds – $27,463 and $12,012)	[1]	36,273	18,687
Total investments and financial derivatives		678,513	603,583
Reverse repurchase agreements	[1]	1,209,315	1,033,581
Due to brokers		1,721	12,780
Payable for securities purchased and financial derivatives		202,703	85,168
Other secured borrowings (Proceeds – $57,909 and $24,086)		57,909	24,086
Other secured borrowings, at fair value (Proceeds – $125,105 and $0)		125,105	0
Senior notes, net		84,771	0
Accounts payable and accrued expenses		3,885	3,327
Base management fee payable to affiliate		2,113	2,416
Interest and dividends payable		5,904	3,460
Other liabilities		441	17
Total Liabilities		2,372,380	1,768,418
Total Equity		620,961	644,777
TOTAL LIABILITIES AND EQUITY		2,993,341	2,413,195
Commitments and contingencies (Note 17)
ANALYSIS OF EQUITY:
Common shares, no par value, 100,000,000 shares authorized; (31,335,938 and 32,294,703 shares issued and outstanding)		589,722	627,620
Additional paid-in capital – Long term incentive plan units		10,377	10,041
Total Shareholders' Equity		600,099	637,661
Non-controlling interests		20,862	7,116
Total Equity		$ 620,961	$ 644,777
PER SHARE INFORMATION:
Common shares (in usd per share)		$ 19.15	$ 19.75

[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.