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BORROWINGS (Details) (USD $)
12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 0 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2012
Affiliates
Dec. 31, 2013
Nonaffiliates
Dec. 31, 2012
Nonaffiliates
Dec. 31, 2013
CLO 2005-1 senior secured notes
Dec. 31, 2012
CLO 2005-1 senior secured notes
Dec. 31, 2013
CLO 2005-2 senior secured notes
Dec. 31, 2012
CLO 2005-2 senior secured notes
Dec. 31, 2013
CLO 2006-1 senior secured notes
Dec. 31, 2012
CLO 2006-1 senior secured notes
Dec. 31, 2013
CLO 2007-1 senior secured notes
Dec. 31, 2012
CLO 2007-1 senior secured notes
Dec. 31, 2013
CLO 2007-1 mezzanine notes
Nonaffiliates
Dec. 31, 2012
CLO 2007-1 mezzanine notes
Nonaffiliates
Dec. 31, 2013
CLO 2007-1 subordinated notes
Nonaffiliates
Dec. 31, 2012
CLO 2007-1 subordinated notes
Nonaffiliates
Dec. 31, 2013
CLO 2007-A senior secured notes
Dec. 31, 2012
CLO 2007-A senior secured notes
Dec. 31, 2013
CLO 2007-A mezzanine notes
Nonaffiliates
Dec. 31, 2012
CLO 2007-A mezzanine notes
Nonaffiliates
Dec. 31, 2013
CLO 2007-A subordinated notes
Nonaffiliates
Dec. 31, 2012
CLO 2007-A subordinated notes
Nonaffiliates
Sep. 27, 2013
CLO 2011-1 senior debt
Dec. 31, 2013
CLO 2011-1 senior debt
Dec. 31, 2012
CLO 2011-1 senior debt
Dec. 31, 2013
CLO 2012-1 senior secured notes
Dec. 31, 2012
CLO 2012-1 senior secured notes
Dec. 21, 2012
CLO 2012-1 senior secured notes
Nonaffiliates
Dec. 31, 2013
CLO 2012-1 subordinated notes
Dec. 31, 2012
CLO 2012-1 subordinated notes
Dec. 31, 2012
CLO 2007-1 mezzanine notes to affiliates
Affiliates
Dec. 31, 2012
CLO 2007-1 subordinated notes to affiliates
Affiliates
Dec. 31, 2012
CLO 2007-A mezzanine notes to affiliates
Affiliates
Dec. 31, 2012
CLO 2007-A subordinated notes to affiliates
Affiliates
Dec. 31, 2013
2015 Facility
Dec. 31, 2012
2015 Facility
Nov. 30, 2012
2015 Facility
LIBOR
Nov. 14, 2013
2015 Natural Resources Facility
Dec. 31, 2013
2015 Natural Resources Facility
Dec. 31, 2012
2015 Natural Resources Facility
Feb. 27, 2013
2018 Natural Resources Facility
Dec. 31, 2013
2018 Natural Resources Facility
Dec. 31, 2013
2018 Natural Resources Facility
LIBOR
Dec. 31, 2013
2018 Natural Resources Facility
Minimum
LIBOR
Dec. 31, 2013
2018 Natural Resources Facility
Maximum
LIBOR
Dec. 31, 2013
Total credit facilities
Dec. 31, 2012
Total credit facilities
Dec. 31, 2012
7.5% Convertible Senior Notes
Jan. 18, 2013
7.5% Convertible Senior Notes
Dec. 31, 2013
8.375% Senior Notes
Dec. 31, 2012
8.375% Senior Notes
Dec. 31, 2013
7.500% Senior notes due March 20, 2042
Dec. 31, 2012
7.500% Senior notes due March 20, 2042
Dec. 31, 2013
Junior subordinated notes
Dec. 31, 2012
Junior subordinated notes
Dec. 31, 2013
CLO 2013-1 senior secured notes
Jun. 25, 2013
CLO 2013-1 senior secured notes
Nonaffiliates
Details of Company's borrowings                                                                                                                    
Collateralized loan obligation secured debt       $ 5,249,383,000 $ 5,122,338,000 $ 193,909,000 $ 427,317,000 $ 335,570,000 $ 470,516,000 $ 384,925,000 $ 601,091,000 $ 2,075,040,000 $ 2,075,040,000 $ 406,428,000 $ 203,727,000 $ 136,097,000 $ 5,828,000 $ 428,152,000 $ 601,375,000 $ 55,327,000 $ 5,580,000 $ 15,096,000 $ 4,599,000   $ 388,703,000 $ 343,485,000 $ 362,727,000 $ 362,280,000   $ 18,000,000 $ 21,500,000                                                   $ 449,409,000  
Collateralized loan obligation junior secured notes to affiliates     296,557,000                                                         118,845,000 130,270,000 36,945,000 10,497,000                                              
Senior notes 362,276,000 362,178,000                                                                                                 250,800,000 250,735,000 111,476,000 111,443,000        
Credit facilities 125,289,000 107,789,000                                                                   75,000,000       50,289,000 107,789,000           125,289,000 107,789,000                    
Convertible senior notes   166,028,000                                                                                             166,028,000 172,500,000                
Junior subordinated notes 283,517,000 283,517,000                                                                                                         283,517,000 283,517,000    
Total borrowings 6,020,465,000 6,338,407,000                                                                                             166,000,000                  
Weighted Average Borrowing Rate (as a percent)           0.73% 0.69% 0.63% 0.66% 0.69% 0.69% 0.79% 0.86% 3.65% 2.81% 18.15% 26.22% 1.57% 1.50% 7.44% 7.02% 42.22% 60.24%   1.25% 1.67% 2.34% 2.58%   11.67%   6.29% 25.89% 7.53% 60.24% 1.39% 2.56%     2.42% 2.71%       1.75% 3.25%     7.50%   8.38% 8.38% 7.50% 7.50% 5.39% 5.43% 1.98%  
Weighted Average Remaining Maturity           1212 days 1577 days 1426 days 1791 days 1698 days 2063 days 2692 days 3057 days 2692 days 3057 days 2692 days 3057 days 1384 days 1749 days 1384 days 1749 days 1384 days 1749 days   1688 days 2053 days 4002 days 4367 days   4002 days 4367 days 3057 days 3057 days 1749 days 1749 days 699 days 1064 days     674 days 1039 days   1519 days           1476 days   10181 days 10546 days 10306 days 10671 days 8347 days 8712 days 4214 days  
Total borrowings, fair value of collateral 6,645,905,000 6,237,994,000 331,037,000 6,431,970,000 5,679,542,000 303,104,000 510,187,000 496,917,000 618,000,000 649,894,000 846,365,000 2,354,938,000 2,298,373,000 461,250,000 225,654,000 154,456,000 6,455,000 540,677,000 698,569,000 69,867,000 6,482,000 19,063,000 5,342,000   517,597,000 421,584,000 376,603,000 40,180,000   18,689,000 2,351,000 131,636,000 144,291,000 42,916,000 12,194,000         213,935,000 227,415,000           213,935,000 227,415,000                 468,915,000  
Principal cash held                                                       $ 357,700,000                                                            
Debt, variable interest rate basis                                               three-month LIBOR         three-month LIBOR                 LIBOR LIBOR LIBOR   LIBOR   LIBOR                           three-month LIBOR