NET INCOME (LOSS) PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

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 three and nine months ended September 30, 2018 and 2017.

	Three Months Ended						Nine Months Ended
	September 30, 2018			September 30, 2017			September 30, 2018			September 30, 2017
	(dollars in thousands, except per share data)
Net income (loss)	$	385,429		$	367,315		$	2,309,020		$	822,245
Net income (loss) attributable to noncontrolling interests	(149		)	(232		)	(277		)	(437		)
Net income (loss) attributable to Annaly	385,578			367,547			2,309,297			822,682
Dividends on preferred stock (1)	31,675			30,355			96,818			77,301
Net income (loss) available (related) to common stockholders	$	353,903		$	337,192		$	2,212,479		$	745,381
Weighted average shares of common stock outstanding-basic	1,202,353,851			1,072,566,395			1,174,292,701			1,037,033,076
Add: Effect of stock awards, if dilutive	—			474,242			—			412,101
Weighted average shares of common stock outstanding-diluted	1,202,353,851			1,073,040,637			1,174,292,701			1,037,445,177
Net income (loss) per share available (related) to common share:
Basic	$	0.29		$	0.31		$	1.88		$	0.72
Diluted	$	0.29		$	0.31		$	1.88		$	0.72

⁽¹⁾ Includes cumulative and undeclared dividends on the Company’s Series F Preferred Stock of $8.3 million for the three and nine months ended September 30, 2017.