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NET INCOME (LOSS) PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2016
Schedule of Net Income (Loss) Per Share Reconciliation
The following table presents a reconciliation of net income (loss) and shares used in calculating basic and diluted net income (loss) per share for the quarters ended March 31, 2016 and 2015.
   
For the Quarters Ended
 
   
March 31, 2016
   
March 31, 2015
 
   
(dollars in thousands, except per share data)
 
Net income (loss)
  $
(868,080
)
 
(476,499
)
Less: Net income (loss) attributable to noncontrolling interest
   
(162
)
   
(90
)
Net income (loss) attributable to Annaly
   
(867,918
)
   
(476,409
)
Less: Preferred stock dividends
   
17,992
     
17,992
 
Net income (loss) per share available (related) to common stockholders, prior to adjustment for dilutive potential common shares, if necessary
   
(885,910
)
   
(494,401
)
Add: Interest on Convertible Senior Notes, if dilutive
   
-
     
-
 
Net income (loss) available to common stockholders, as adjusted
 
(885,910
)
 
(494,401
)
Weighted average shares of common stock outstanding-basic
   
926,813,588
     
947,669,831
 
Add: Effect of stock awards and Convertible Senior Notes, if dilutive
   
-
     
-
 
Weighted average shares of common stock outstanding-diluted
   
926,813,588
     
947,669,831
 
Net income (loss) per share available (related) to common share:
               
Basic
 
$
(0.96
)
 
$
(0.52
)
Diluted
 
$
(0.96
)
 
$
(0.52
)