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Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2017

Financial Instruments, Owned, at Fair Value [Abstract]

Estimated Fair Values of Financial Instruments

The following table presents the estimated fair values of financial instruments:

	March 31, 2017				December 31, 2016
	(Amounts in thousands)
Assets
Investments	$	3,600,498			$	3,547,560
Total return swaps	—				667
Liabilities
Total return swaps	$	1,405			$	765
Options sold	285				20
Secured notes	—				140,000
Unsecured notes	374,633				180,000

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