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NET INCOME (LOSS) PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2016 and 2015.
   
For the Quarters Ended
   
For the Six Months Ended
 
   
June 30, 2016
   
June 30, 2015
   
June 30, 2016
   
June 30, 2015
 
   
(dollars in thousands, except per share data)
 
Net income (loss)
 
$
(278,497
)
 
$
900,071
   
$
(1,146,577
)
 
$
423,572
 
Less: Net income (loss) attributable to noncontrolling interest
   
(385
)
   
(149
)
   
(547
)
   
(239
)
Net income (loss) attributable to Annaly
   
(278,112
)
   
900,220
     
(1,146,030
)
   
423,811
 
Less: Preferred stock dividends
   
17,992
     
17,992
     
35,984
     
35,984
 
Net income (loss) available (related) to common stockholders, prior to adjustment for dilutive potential common shares, if necessary
   
(296,104
)
   
882,228
     
(1,182,014
)
   
387,827
 
Add:  Interest on Convertible Senior Notes, if dilutive
   
-
     
-
     
-
     
-
 
Net income (loss) available to common stockholders, as adjusted
 
$
(296,104
)
 
$
882,228
   
$
(1,182,014
)
 
$
387,827
 
Weighted average shares of common stock outstanding-basic
   
924,887,316
     
947,731,493
     
925,850,452
     
947,700,832
 
Add:  Effect of stock awards and Convertible Senior Notes, if dilutive
   
-
     
198,269
     
-
     
178,126
 
Weighted average shares of common  stock outstanding-diluted
   
924,887,316
     
947,929,762
     
925,850,452
     
947,878,958
 
Net income (loss) per share available (related) to common share:
                               
   Basic
 
$
(0.32
)
 
$
0.93
   
$
(1.28
)
 
$
0.41
 
   Diluted
 
$
(0.32
)
 
$
0.93
   
$
(1.28
)
 
$
0.41