XML 16 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net interest income:    
Interest income $ 388,143 $ 519,114
Interest expense 147,447 129,420
Net interest income 240,696 389,694
Realized and unrealized gains (losses):    
Realized gains (losses) on interest rate swaps [1],[2] (147,475) (158,239)
Realized gains (losses) on termination of interest rate swaps   (226,462)
Unrealized gains (losses) on interest rate swaps (1,031,720) (466,202)
Subtotal (1,179,195) (850,903)
Net gains (losses) on disposal of investments (1,675) 62,356
Net gains (losses) on trading assets 125,189 (6,906)
Net unrealized gains (losses) on financial instruments measured at fair value through earnings 128 (33,546)
Subtotal 123,642 21,904
Total realized and unrealized gains (losses) (1,055,553) (828,999)
Other income (loss):    
Investment advisory income   10,464
Dividend income from affiliate   4,318
Other income (loss) (6,115) (1,024)
Total other income (loss) (6,115) 13,758
General and administrative expenses:    
Compensation and management fee 36,997 38,629
Other general and administrative expenses 10,948 12,309
Total general and administrative expenses 47,945 50,938
Income (loss) before income taxes (868,917) (476,485)
Income taxes (837) 14
Net income (loss) (868,080) (476,499)
Net income (loss) attributable to noncontrolling interest (162) (90)
Net income (loss) attributable to Annaly (867,918) (476,409)
Dividends on preferred stock 17,992 17,992
Net income (loss) available (related) to common stockholders $ (885,910) $ (494,401)
Net income (loss) per share available (related) to common stockholders:    
Basic $ (0.96) $ (0.52)
Diluted $ (0.96) $ (0.52)
Weighted average number of common shares outstanding:    
Basic 926,813,588 947,669,831
Diluted 926,813,588 947,669,831
Dividends Declared Per Share of Common Stock $ 0.30 $ 0.30
Net income (loss) $ (868,080) $ (476,499)
Other comprehensive income (loss):    
Unrealized gains (losses) on available-for-sale securities 1,017,707 631,472
Reclassification adjustment for net (gains) losses included in net income (loss) 255 (62,356)
Other comprehensive income (loss) 1,017,962 569,116
Comprehensive income (loss) 149,882 92,617
Comprehensive income (loss) attributable to noncontrolling interest (162) (90)
Comprehensive income (loss) attributable to Annaly 150,044 92,707
Dividends on preferred stock 17,992 17,992
Comprehensive income (loss) attributable to common stockholders $ 132,052 $ 74,715
[1] Consists of interest expense on interest rate swaps.
[2] Interest expense related to the Company's interest rate swaps is recorded in Realized gains (losses) on interest rate swaps on the Consolidated Statements of Comprehensive Income (Loss).