v2.4.0.6
Consolidated Statement Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
INVESTMENT INCOME    
Interest income $ 15,733 $ 15,849
EXPENSES    
Base management fee 1,492 1,481
Incentive fee   612
Share-based LTIP expense 28 38
Interest expense 1,832 1,543
Professional fees 278 553
Compensation expense 375 248
Insurance expense 177 167
Agency and administration fees 213 240
Custody and other fees 304 295
Directors' fees and expenses 74 74
Total expenses 4,773 5,251
NET INVESTMENT INCOME 10,960 10,598
Net realized gain (loss) on:    
Investments 8,147 8,236
Swaps (19,928) 3,739
Futures (8) (371)
Total net realized gain (loss) on investments and financial derivatives (11,789) 11,604
Change in net unrealized gain (loss) on:    
Investments 18,130 (9,251)
Swaps 14,817 (2,163)
Futures (63) 319
Total net unrealized gain (loss) on investments and financial derivatives 32,884 (11,095)
NET REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS AND FINANCIAL DERIVATIVES 21,095 509
NET INCREASE IN SHAREHOLDERS' EQUITY RESULTING FROM OPERATIONS $ 32,055 $ 11,107
NET INCREASE IN SHAREHOLDERS' EQUITY RESULTING FROM OPERATIONS PER SHARE:    
Basic and Diluted $ 1.90 $ 0.66