Consolidated Condensed Schedule Of Investments (Financial Derivatives) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2014 contracts		Dec. 31, 2013 contracts
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	$ 57,560,000	[1]	$ 59,664,000	[1]
Derivative Liabilities	(29,504,000)	[1]	(44,791,000)	[1]
Net cost	55,230,000		50,533,000
Net proceeds	(18,821,000)		(29,746,000)
Eurodollar Future [Member]
Investment Holdings, Other than Securities [Line Items]
Future contract notional	1,000,000		1,000,000
Future contract	1		1
Long US Treasury Note Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Number of contracts	608		1,847
Short US Treasury Note Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Number of contracts	5
Financial Derivatives - Assets [Member]
Investment Holdings, Other than Securities [Line Items]
Notional - asset	(592,889,000)
Derivative Asset	57,560,000	[2],[3]	59,664,000	[2],[4]
Investment owned as a percentage of equity	9.14%	[2],[3],[5]	9.53%	[2],[4],[5]
Net cost	55,230,000	[2],[3]	50,533,000	[2],[4]
Financial Derivatives - Assets [Member] | Long Credit Default Swap On Corporate Bond Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[2],[3],[6]	Credit	[2],[4],[6]
Notional - asset	98,314,000	[2],[3],[6]	70,425,000	[2],[4],[6]
Range of expiration dates	2018-12	[2],[3],[6]	2018-12	[2],[4],[6]
Derivative Asset	19,176,000	[2],[3],[6]	14,273,000	[2],[4],[6]
Net cost	18,465,000	[2],[3],[6]	13,248,000	[2],[4],[6]
Financial Derivatives - Assets [Member] | Long Interest Rate Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[3],[7]	Interest Rates	[2],[4],[7]
Notional - asset	453,100,000	[2],[3],[7]	153,100,000	[2],[4],[7]
Derivative Asset	4,091,000	[2],[3],[7]	1,978,000	[2],[4],[7]
Financial Derivatives - Assets [Member] | Long Interest Rate Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-10	[2],[3],[7]	2018-07	[2],[4],[7]
Financial Derivatives - Assets [Member] | Long Interest Rate Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2044-02	[2],[3],[7]	2023-09	[2],[4],[7]
Financial Derivatives - Assets [Member] | Long Credit Default Swap On Asset Backed Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[2],[3],[8]	Credit	[2],[4],[8]
Notional - asset	1,928,000	[2],[3],[8]	1,990,000	[2],[4],[8]
Range of expiration dates	2037-12	[2],[3],[8]	2037-12	[2],[4],[8]
Derivative Asset	59,000	[2],[3],[8]	61,000	[2],[4],[8]
Net cost	(217,000)	[2],[3],[8]
Net proceeds			(217,000)	[2],[4],[8]
Financial Derivatives - Assets [Member] | Long Total Return Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Equity Market	[2],[3],[9]	Equity Market	[2],[4],[9]
Notional - asset	1,113,000	[2],[3],[9]	3,044,000	[2],[4],[9]
Derivative Asset	1,000	[2],[3],[9]	4,000	[2],[4],[9]
Financial Derivatives - Assets [Member] | Long Total Return Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2014-06	[2],[3],[9]	2014-06	[2],[4],[9]
Financial Derivatives - Assets [Member] | Long Total Return Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2015-06	[2],[3],[9]	2015-06	[2],[4],[9]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Securities [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[10],[2],[3]	Credit	[10],[2],[4]
Notional - asset	(21,734,000)	[10],[2],[3]	(23,426,000)	[10],[2],[4]
Derivative Asset	15,174,000	[10],[2],[3]	16,646,000	[10],[2],[4]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Securities [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2034-09	[10],[2],[3]	2034-09	[10],[2],[4]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Securities [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2036-05	[10],[2],[3]	2036-05	[10],[2],[4]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[11],[2],[3]	Credit	[11],[2],[4]
Notional - asset	(75,134,000)	[11],[2],[3]	(72,422,000)	[11],[2],[4]
Derivative Asset	5,038,000	[11],[2],[3]	4,876,000	[11],[2],[4]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Indices [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2046-05	[11],[2],[3]	2046-05	[11],[2],[4]
Financial Derivatives - Assets [Member] | Short Credit Default Swap On Asset Backed Indices [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2063-05	[11],[2],[3]	2063-05	[11],[2],[4]
Financial Derivatives - Assets [Member] | Short Interest Rate Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[12],[2],[3]	Interest Rates	[12],[2],[4]
Notional - asset	(619,781,000)	[12],[2],[3]	(840,600,000)	[12],[2],[4]
Derivative Asset	13,382,000	[12],[2],[3]	21,575,000	[12],[2],[4]
Financial Derivatives - Assets [Member] | Short Interest Rate Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2016-02	[12],[2],[3]	2016-11	[12],[2],[4]
Financial Derivatives - Assets [Member] | Short Interest Rate Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2044-04	[12],[2],[3]	2043-08	[12],[2],[4]
Financial Derivatives - Assets [Member] | Short Total Return Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Equity Market	[2],[3],[9]	Equity Market	[2],[4],[9]
Notional - asset	(201,000)	[2],[3],[9]	(23,000)	[2],[4],[9]
Range of expiration dates	2014-12	[2],[3],[9]	2015-09	[2],[4],[9]
Derivative Asset	14,000	[2],[3],[9]	0	[2],[4],[9]
Financial Derivatives - Assets [Member] | Swap [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	56,935,000	[2],[3]	59,413,000	[2],[4]
Investment owned as a percentage of equity	9.04%	[2],[3],[5]	9.49%	[2],[4],[5]
Net cost	54,736,000	[2],[3]	50,039,000	[2],[4]
Financial Derivatives - Assets [Member] | Option on CDS on Corporate Bond Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[13],[2],[3]	Credit	[13],[2],[4]
Notional - asset	22,588,000	[13],[2],[3]	22,588,000	[13],[2],[4]
Range of expiration dates	2014-06	[13],[2],[3]	2014-06	[13],[2],[4]
Derivative Asset	86,000	[13],[2],[3]	190,000	[13],[2],[4]
Financial Derivatives - Assets [Member] | Interest Rate Fixed Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[14],[2],[3]	Interest Rates	[15],[2],[4]
Notional - asset	(21,600,000)	[14],[2],[3]	15,000,000	[15],[2],[4]
Range of expiration dates			2014-04	[15],[2],[4]
Derivative Asset	307,000	[14],[2],[3]	61,000	[15],[2],[4]
Financial Derivatives - Assets [Member] | Interest Rate Fixed Swaption [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-01	[14],[2],[3]
Financial Derivatives - Assets [Member] | Interest Rate Fixed Swaption [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-03	[14],[2],[3]
Financial Derivatives - Assets [Member] | Options [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	393,000	[2],[3]	251,000	[2],[4]
Investment owned as a percentage of equity	0.06%	[2],[3],[5]	0.04%	[2],[4],[5]
Net cost	494,000	[2],[3]	494,000	[2],[4]
Financial Derivatives - Assets [Member] | Forwards [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	167,000	[2],[3]
Investment owned as a percentage of equity	0.03%	[16],[2],[3],[5]
Financial Derivatives - Assets [Member] | Short Currency Forward [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Currency	[16],[2],[3]
Notional - asset	(16,082,000)	[16],[2],[3]
Range of expiration dates	2014-06	[16],[2],[3]
Derivative Asset	167,000	[16],[2],[3]
Financial Derivatives - Assets [Member] | Long US Treasury Note Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[17],[2],[3]
Notional - asset	42,600,000	[17],[2],[3]
Range of expiration dates	2014-06	[17],[2],[3]
Derivative Asset	13,000	[17],[2],[3]
Financial Derivatives - Assets [Member] | Short Eurodollar Future [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[18],[2],[3]
Notional - asset	(458,000,000)	[18],[2],[3]
Derivative Asset	52,000	[18],[2],[3]
Financial Derivatives - Assets [Member] | Short Eurodollar Future [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2015-12	[18],[2],[3]
Financial Derivatives - Assets [Member] | Short Eurodollar Future [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-03	[18],[2],[3]
Financial Derivatives - Assets [Member] | Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Asset	65,000	[2],[3]
Investment owned as a percentage of equity	0.01%	[2],[3],[5]
Financial Derivatives - Liabilities [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(29,504,000)	[2],[3]	(44,791,000)	[2],[4]
Investment owned as a percentage of equity	(4.68%)	[2],[3],[5]	(7.16%)	[2],[4],[5]
Net proceeds	(18,821,000)	[2],[3]	(29,746,000)	[2],[4]
Financial Derivatives - Liabilities [Member] | Long Credit Default Swap On Corporate Bond Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[2],[3],[6]	Credit	[2],[4],[6]
Notional - liability	4,000,000	[2],[3],[6]	4,000,000	[2],[4],[6]
Range of expiration dates	2017-12	[2],[3],[6]	2017-12	[2],[4],[6]
Derivative Liabilities	(1,213,000)	[2],[3],[6]	(1,047,000)	[2],[4],[6]
Net proceeds	(1,200,000)	[2],[3],[6]	(1,200,000)	[2],[4],[6]
Financial Derivatives - Liabilities [Member] | Long Interest Rate Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[3],[7]	Interest Rates	[2],[4],[7]
Notional - liability	176,250,000	[2],[3],[7]	234,600,000	[2],[4],[7]
Derivative Liabilities	(684,000)	[2],[3],[7]	(2,857,000)	[2],[4],[7]
Financial Derivatives - Liabilities [Member] | Long Interest Rate Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2018-10	[2],[3],[7]	2017-10	[2],[4],[7]
Financial Derivatives - Liabilities [Member] | Long Interest Rate Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2024-03	[2],[3],[7]	2043-07	[2],[4],[7]
Financial Derivatives - Liabilities [Member] | Long Credit Default Swap On Asset Backed Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[2],[3],[8]	Credit	[2],[4],[8]
Notional - liability	28,865,000	[2],[3],[8]	44,082,000	[2],[4],[8]
Derivative Liabilities	(7,082,000)	[2],[3],[8]	(11,866,000)	[2],[4],[8]
Net proceeds	(8,075,000)	[2],[3],[8]	(14,331,000)	[2],[4],[8]
Financial Derivatives - Liabilities [Member] | Long Credit Default Swap On Asset Backed Indices [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2049-12	[2],[3],[8]	2049-12	[2],[4],[8]
Financial Derivatives - Liabilities [Member] | Long Credit Default Swap On Asset Backed Indices [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2052-10	[2],[3],[8]	2052-10	[2],[4],[8]
Financial Derivatives - Liabilities [Member] | Long Total Return Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Equity Market	[2],[3],[9]	Equity Market	[2],[4],[9]
Notional - liability	29,608,000	[2],[3],[9]	47,974,000	[2],[4],[9]
Range of expiration dates	2015-06	[2],[3],[9]	2015-06	[2],[4],[9]
Derivative Liabilities	0	[2],[3],[9]	0	[2],[4],[9]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swap On Asset Backed Securities [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[10],[2],[3]	Credit	[10],[2],[4]
Notional - liability	(3,000,000)	[10],[2],[3]	(3,000,000)	[10],[2],[4]
Range of expiration dates	2035-03	[10],[2],[3]	2035-03	[10],[2],[4]
Derivative Liabilities	(350,000)	[10],[2],[3]	(350,000)	[10],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swap On Asset Backed Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[11],[2],[3]
Notional - liability	(7,000,000)	[11],[2],[3]
Range of expiration dates	2063-05	[11],[2],[3]
Derivative Liabilities	(13,000)	[11],[2],[3]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swaps On Corporate Bond Indices [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Credit	[19],[2],[3]	Credit	[19],[2],[4]
Notional - liability	(245,050,000)	[19],[2],[3]	(337,815,000)	[19],[2],[4]
Derivative Liabilities	(14,771,000)	[19],[2],[3]	(23,902,000)	[19],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swaps On Corporate Bond Indices [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2016-12	[19],[2],[3]	2016-12	[19],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Credit Default Swaps On Corporate Bond Indices [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2018-12	[19],[2],[3]	2018-12	[19],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Interest Rate Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[12],[2],[3]	Interest Rates	[12],[2],[4]
Notional - liability	(528,960,000)	[12],[2],[3]	(323,800,000)	[12],[2],[4]
Derivative Liabilities	(4,848,000)	[12],[2],[3]	(2,207,000)	[12],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Interest Rate Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2015-03	[12],[2],[3]	2015-03	[12],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Interest Rate Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2044-03	[12],[2],[3]	2043-09	[12],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Total Return Swaps [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Equity Market	[2],[3],[9]	Equity Market	[2],[4],[9]
Notional - liability	(12,028,000)	[2],[3],[9]	(10,374,000)	[2],[4],[9]
Derivative Liabilities	(31,000)	[2],[3],[9]	(67,000)	[2],[4],[9]
Financial Derivatives - Liabilities [Member] | Short Total Return Swaps [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2014-09	[2],[3],[9]	2014-09	[2],[4],[9]
Financial Derivatives - Liabilities [Member] | Short Total Return Swaps [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2015-09	[2],[3],[9]	2015-09	[2],[4],[9]
Financial Derivatives - Liabilities [Member] | Swap [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(28,992,000)	[2],[3]	(42,296,000)	[2],[4]
Investment owned as a percentage of equity	(4.60%)	[2],[3],[5]	(6.76%)	[2],[4],[5]
Net proceeds	(18,821,000)	[2],[3]	(29,746,000)	[2],[4]
Financial Derivatives - Liabilities [Member] | Interest Rate Fixed Swaption [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[15],[2],[3]	Interest Rates	[14],[2],[4]
Notional - liability	10,300,000	[15],[2],[3]	(4,000,000)	[14],[2],[4]
Range of expiration dates			2014-04	[14],[2],[4]
Derivative Liabilities	(328,000)	[15],[2],[3]	(84,000)	[14],[2],[4]
Financial Derivatives - Liabilities [Member] | Interest Rate Fixed Swaption [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-01	[15],[2],[3]
Financial Derivatives - Liabilities [Member] | Interest Rate Fixed Swaption [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2017-03	[15],[2],[3]
Financial Derivatives - Liabilities [Member] | Options [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(328,000)	[2],[3]	(84,000)	[2],[4]
Investment owned as a percentage of equity	(0.05%)	[2],[3],[5]	(0.01%)	[2],[4],[5]
Financial Derivatives - Liabilities [Member] | Forwards [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(42,000)	[2],[3]	(38,000)	[2],[4]
Investment owned as a percentage of equity	(0.01%)	[2],[3],[5]	(0.01%)	[2],[4],[5]
Financial Derivatives - Liabilities [Member] | Short Currency Forward [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Currency	[16],[2],[3]	Currency	[2],[4]
Notional - liability	(11,787,000)	[16],[2],[3]	(6,575,000)	[2],[4]
Range of expiration dates	2014-06	[16],[2],[3]	2014-03	[2],[4]
Derivative Liabilities	(42,000)	[16],[2],[3]	(38,000)	[2],[4]
Financial Derivatives - Liabilities [Member] | Long US Treasury Note Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[17],[2],[3]	Interest Rates	[2],[20],[4]
Notional - liability	39,500,000	[17],[2],[3]	227,200,000	[2],[20],[4]
Range of expiration dates	2014-06	[17],[2],[3]	2014-03	[2],[20],[4]
Derivative Liabilities	(107,000)	[17],[2],[3]	(2,370,000)	[2],[20],[4]
Financial Derivatives - Liabilities [Member] | Short Eurodollar Future [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[18],[2],[3]	Interest Rates	[18],[2],[4]
Notional - liability	(274,000,000)	[18],[2],[3]	(14,000,000)	[18],[2],[4]
Derivative Liabilities	(35,000)	[18],[2],[3]	(3,000)	[18],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Eurodollar Future [Member] | Minimum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2014-06	[18],[2],[3]	2014-03	[18],[2],[4]
Financial Derivatives - Liabilities [Member] | Short Eurodollar Future [Member] | Maximum [Member]
Investment Holdings, Other than Securities [Line Items]
Range of expiration dates	2015-09	[18],[2],[3]	2015-09	[18],[2],[4]
Financial Derivatives - Liabilities [Member] | Short US Treasury Note Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Primary risk exposure	Interest Rates	[2],[21],[3]
Notional - liability	(500,000)	[2],[21],[3]
Range of expiration dates	2014-06	[2],[21],[3]
Derivative Liabilities	0	[2],[21],[3]
Financial Derivatives - Liabilities [Member] | Futures [Member]
Investment Holdings, Other than Securities [Line Items]
Derivative Liabilities	(142,000)	[2],[3]	(2,373,000)	[2],[4]
Investment owned as a percentage of equity	(0.02%)	[2],[3],[5]	(0.38%)	[2],[4],[5]
North America [Member] | Financial Derivatives - Assets [Member]
Investment Holdings, Other than Securities [Line Items]
Notional - asset	(583,909,000)
Derivative Asset	57,558,000
Investment owned as a percentage of equity	9.14%
Net cost	55,230,000
Europe [Member] | Financial Derivatives - Assets [Member]
Investment Holdings, Other than Securities [Line Items]
Notional - asset	(8,980,000)
Derivative Asset	2,000
Investment owned as a percentage of equity	0.00%
Net cost	$ 0

[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.

[2] See Note 2 and Note 3 in Notes to Consolidated Financial Statements.

[3] The following table details the breakout by geographical region of long investments, investments sold short, repurchase agreements, and financial derivatives–assets. All financial derivatives–liabilities were concentrated in North America.Region Current Principal/Notional Value/Number of Shares/Number of Properties Cost/(Proceeds) Fair Value Percent ofEquityLong Investments: (In thousands, Expressed in U.S. Dollars) North America 2,449,649 $1,686,738 $1,729,893 274.55 %Europe 32,195 26,451 26,118 4.15 %Total 2,481,844 $1,713,189 $1,756,011 278.70 %Investments Sold Short: North America (TBAs and Government Debt) (756,627) $(789,167) $(787,667) (125.01)%Europe (Government Debt) (22,208) (23,481) (24,195) (3.84)%North America (Common Stock) (941) (7,004) (6,903) (1.10)%Total $(819,652) $(818,765) (129.95)%Repurchase Agreements: North America 4,944 $4,944 $4,944 0.78 %Europe 24,931 24,928 24,931 3.96 %Total 29,875 $29,872 $29,875 4.74 %Financial Derivatives–Assets: North America (583,909) $55,230 $57,558 9.14 %Europe (8,980) — 2 — %Total (592,889) $55,230 $57,560 9.14 %

[4] The following table details the breakout by geographical region of long investments, investments sold short, and repurchase agreements. All financial derivatives were concentrated in North America.Region Current Principal/Number of Shares Cost/(Proceeds) Fair Value Percent ofEquityLong Investments: (In thousands, Expressed in U.S. Dollars) North America 2,470,650 $1,682,533 $1,724,370 275.44 %Europe 7,641 5,724 5,760 0.92 %Total 2,478,291 $1,688,257 $1,730,130 276.36 %Investments Sold Short: North America (TBAs and Government Debt) (804,888) $(833,656) $(831,564) (132.82)%Europe (Government Debt) (7,337) (7,633) (7,681) (1.23)%North America (Common Stock) (763) (6,313) (6,369) (1.02)%Total $(847,602) $(845,614) (135.07)%Repurchase Agreements: North America 19,675 $19,675 $19,675 3.15 %Europe 8,287 8,268 8,287 1.32 %Total 27,962 $27,943 $27,962 4.47 %

[5] Classification percentages are based on Total Equity.

[6] For long credit default swaps on corporate bond indices, the Company sold protection.

[7] For long interest rate swap contracts, a floating rate is being paid and a fixed rate is being received.

[8] For long credit default swaps on asset-backed indices, the Company sold protection.

[9] Notional value represents number of underlying shares or par value times the closing price of the underlying security.

[10] For short credit default swaps on asset-backed securities, the Company purchased protection.

[11] For short credit default swaps on asset-backed indices, the Company purchased protection.

[12] For short interest rate swap contracts, a fixed rate is being paid and a floating rate is being received.

[13] Represents the option on the part of the Company to enter into a credit default swap on a corporate bond index whereby the Company would pay a fixed rate and receive credit protection payments.

[14] Represents the option on the part of a counterparty to enter into an interest rate swap with the Company whereby the Company would receive a fixed rate and pay a floating rate.

[15] Represents the option on the part of the Company to enter into an interest rate swap whereby the Company would pay a fixed rate and receive a floating rate.

[16] Notional amount represents U.S. Dollars to be received by the Company at the maturity of the forward contract.

[17] Notional value represents the total face amount of U.S. Treasury Notes underlying all contracts held; as of March 31, 2014, 608 contracts were held.

[18] Every $1,000,000 in notional value represents one contract.

[19] For short credit default swaps on corporate bond indices, the Company purchased protection.

[20] Notional value represents the total face amount of U.S. Treasury Notes underlying all contracts held; as of December 31, 2013 1,847 contracts were held.

[21] Notional value represents the total face amount of U.S. Treasury Notes underlying all contracts held; as of March 31, 2014, 5 contracts were held.