XML 99 R86.htm IDEA: XBRL DOCUMENT v3.25.3
NET INCOME (LOSS) PER COMMON SHARE - Schedule of Net Income (Loss) per Share Reconciliation (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
Net income (loss) $ 843,063 $ 82,351 $ 1,033,739 $ 538,692
Net income (loss) attributable to noncontrolling interests 10,618 15,906 19,971 18,838
Net income (loss) attributable to Annaly 832,445 66,445 1,013,768 519,854
Dividends on preferred stock [1] 41,127 41,628 115,544 115,847
Net income (loss) available (related) to common stockholders $ 791,318 $ 24,817 $ 898,224 $ 404,007
Weighted average shares of common stock outstanding-basic (in shares) 656,335,974 515,729,658 621,484,893 505,800,723
Add: Effect of stock awards, if dilutive (in shares) 1,520,453 1,102,494 1,283,588 817,420
Weighted average shares of common stock outstanding-diluted (in shares) 657,856,427 516,832,152 622,768,481 506,618,143
Net income (loss) per share available (related) to common share        
Basic (in dollars per share) $ 1.21 $ 0.05 $ 1.45 $ 0.80
Diluted (in dollars per share) $ 1.20 $ 0.05 $ 1.44 $ 0.80
Series J Preferred Stock        
Net income (loss) per share available (related) to common share        
Cumulative and undeclared dividends $ 3,700   $ 3,700  
[1]
(1) The three and nine months ended September 30, 2025 include cumulative and undeclared dividends of $3.7 million on the Company's 8.875% Series J Fixed-Rate Cumulative Redeemable Preferred Stock (the “Series J Preferred Stock”) as of September 30, 2025.