Consolidated Balance Sheet - USD ($) $ in Thousands		Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents		$ 44,656	$ 47,233
Restricted cash		425	425
Investments, financial derivatives, and repurchase agreements:
Investments, at fair value (Cost – $2,970,306 and $2,071,754)		2,939,311	2,071,707
Financial derivatives–assets, at fair value (Net cost – $22,526 and $31,474)	[1]	20,001	28,165
Repurchase agreements, at fair value (Cost – $61,274 and $155,109)	[1]	61,274	155,949
Total investments, financial derivatives, and repurchase agreements		3,020,586	2,255,821
Due from brokers		71,794	140,404
Receivable for securities sold and financial derivatives		780,826	476,000
Interest and principal receivable		37,676	29,688
Other assets		15,536	43,770
Total Assets		3,971,499	2,993,341
Investments and financial derivatives:
Investments sold short, at fair value (Proceeds – $844,604 and $640,202)		850,577	642,240
Financial derivatives–liabilities, at fair value (Net proceeds – $19,019 and $27,463)	[1]	20,806	36,273
Total investments and financial derivatives		871,383	678,513
Reverse repurchase agreements	[1]	1,498,849	1,209,315
Due to brokers		5,553	1,721
Payable for securities purchased and financial derivatives		488,411	202,703
Other secured borrowings (Proceeds – $114,100 and $57,909)		114,100	57,909
Other secured borrowings, at fair value (Proceeds – $298,706 and $125,105)		297,948	125,105
Senior notes, net		85,035	84,771
Accounts payable and accrued expenses		5,723	3,885
Base management fee payable to affiliate		1,744	2,113
Interest and dividends payable		7,159	5,904
Other liabilities		424	441
Total Liabilities		3,376,329	2,372,380
Total Equity		595,170	620,961
TOTAL LIABILITIES AND EQUITY		3,971,499	2,993,341
Commitments and contingencies (Note 17)
ANALYSIS OF EQUITY:
Common shares, no par value, 100,000,000 shares authorized; (30,155,055 and 31,335,938 shares issued and outstanding)		563,833	589,722
Additional paid-in capital – Long term incentive plan units		0	10,377
Total Shareholders' Equity		563,833	600,099
Non-controlling interests		31,337	20,862
Total Equity		$ 595,170	$ 620,961
PER SHARE INFORMATION:
Common shares (in usd per share)		$ 18.92	$ 19.15

[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.