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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
7.875% Series A Cumulative Redeemable Preferred Stock
7.625% Series C Cumulative Redeemable Preferred Stock
7.50% Series D Cumulative Redeemable Preferred Stock
7.625% Series E Cumulative Redeemable Preferred Stock
6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Preferred Stock
Preferred Stock
7.875% Series A Cumulative Redeemable Preferred Stock
Preferred Stock
7.625% Series C Cumulative Redeemable Preferred Stock
Preferred Stock
7.50% Series D Cumulative Redeemable Preferred Stock
Preferred Stock
7.625% Series E Cumulative Redeemable Preferred Stock
Preferred Stock
6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Common Stock Par Value
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Accumulated Deficit
7.875% Series A Cumulative Redeemable Preferred Stock
Accumulated Deficit
7.625% Series C Cumulative Redeemable Preferred Stock
Accumulated Deficit
7.50% Series D Cumulative Redeemable Preferred Stock
Accumulated Deficit
7.625% Series E Cumulative Redeemable Preferred Stock
Accumulated Deficit
6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Total Stockholders’ Equity
Total Stockholders’ Equity
7.875% Series A Cumulative Redeemable Preferred Stock
Total Stockholders’ Equity
7.625% Series C Cumulative Redeemable Preferred Stock
Total Stockholders’ Equity
7.50% Series D Cumulative Redeemable Preferred Stock
Total Stockholders’ Equity
7.625% Series E Cumulative Redeemable Preferred Stock
Total Stockholders’ Equity
6.95% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Noncontrolling Interest
Beginning balance at Dec. 31, 2014 $ 13,333,781             $ 177,088 $ 290,514 $ 445,457 $ 0 $ 0 $ 9,476 $ 14,786,509 $ 204,883 $ (2,585,436)           $ 13,328,491           $ 5,290
Net income (loss) attributable to Annaly 466,556                             466,556           466,556            
Net income (loss) attributable to noncontrolling interest (809)                                                     (809)
Unrealized gains (losses) on available-for-sale securities (531,952)                           (531,952)             (531,952)            
Reclassification adjustment for net (gains) losses included in net income (loss) (50,527)                           (50,527)             (50,527)            
Stock compensation expense 1,156                         1,156               1,156            
Net proceeds from direct purchase and dividend reinvestment 2,246                       2 2,244               2,246            
Buyback of common stock (114,260)                       (119) (114,141)               (114,260)            
Equity contributions from (distributions to) noncontrolling interest 5,467                                                     5,467
Preferred dividends declared   $ (14,593) $ (22,875) $ (34,500)                         $ (14,593) $ (22,875) $ (34,500)       $ (14,593) $ (22,875) $ (34,500)      
Common dividends declared (1,133,768)                             (1,133,768)           (1,133,768)            
Ending balance at Dec. 31, 2015 11,905,922             177,088 290,514 445,457 0 0 9,359 14,675,768 (377,596) (3,324,616)           11,895,974           9,948
Net income (loss) attributable to Annaly 1,433,756                             1,433,756           1,433,756            
Net income (loss) attributable to noncontrolling interest (970)                                                     (970)
Unrealized gains (losses) on available-for-sale securities (686,414)                           (686,414)             (686,414)            
Reclassification adjustment for net (gains) losses included in net income (loss) (21,883)                           (21,883)             (21,883)            
Stock compensation expense 7,047                         7,047               7,047            
Net proceeds from direct purchase and dividend reinvestment 2,362                       2 2,360               2,362            
Buyback of common stock (102,712)                       (111) (102,601)               (102,712)            
Acquisition of subsidiary 1,285,207                   287,500   939 996,768               1,285,207            
Equity contributions from (distributions to) noncontrolling interest (1,186)                                                     (1,186)
Preferred dividends declared   (14,593) (22,875) (34,500) $ (10,292) $ 0                     (14,593) (22,875) (34,500) $ (10,292)     (14,593) (22,875) (34,500) $ (10,292)    
Common dividends declared (1,162,897)                             (1,162,897)           (1,162,897)            
Ending balance at Dec. 31, 2016 12,575,972             177,088 290,514 445,457 287,500 0 10,189 15,579,342 (1,085,893) (3,136,017)           12,568,180           7,792
Net income (loss) attributable to Annaly 1,569,604                             1,569,604           1,569,604            
Net income (loss) attributable to noncontrolling interest (588)                                                     (588)
Unrealized gains (losses) on available-for-sale securities (89,997)                           (89,997)             (89,997)            
Reclassification adjustment for net (gains) losses included in net income (loss) 49,870                           49,870             49,870            
Stock compensation expense 1,406                         1,406               1,406            
Redemption of preferred stock (185,312)           $ (177,088)             (8,224)               (185,312)            
Net proceeds from direct purchase and dividend reinvestment 2,542                       2 2,540               2,542            
Net proceeds from issuance of stock 1,647,606         696,910           696,910 1,405 1,646,201               1,647,606         $ 696,910  
Equity contributions from (distributions to) noncontrolling interest (1,104)                                                     (1,104)
Preferred dividends declared   $ (9,527) $ (22,875) $ (34,500) $ (21,922) $ (20,811)                     $ (9,527) $ (22,875) $ (34,500) $ (21,922) $ (20,811)   $ (9,527) $ (22,875) $ (34,500) $ (21,922) $ (20,811)  
Common dividends declared (1,285,701)                             (1,285,701)           (1,285,701)            
Ending balance at Dec. 31, 2017 $ 14,871,573 [1]             $ 0 $ 290,514 $ 445,457 $ 287,500 $ 696,910 $ 11,596 $ 17,221,265 $ (1,126,020) $ (2,961,749)           $ 14,865,473           $ 6,100
[1] As a result of a change to a clearing organization’s rulebook effective January 3, 2017, beginning with the first quarter 2017 and in subsequent periods the Company is presenting the fair value of centrally cleared interest rate swaps net of variation margin pledged under such transactions. The variation margin was previously reported under cash and cash equivalents and is currently reported as a reduction to interest rate swaps, at fair value. Balances reported prior to the effective date will not be adjusted.