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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Net interest income    
Interest income $ 763,378 $ 555,026
Interest expense 75,973 503,473
Net interest income 687,405 51,553
Realized and unrealized gains (losses)    
Net interest component of interest rate swaps (79,747) (13,980)
Realized gains (losses) on termination or maturity of interest rate swaps 0 (397,561)
Unrealized gains (losses) on interest rate swaps 772,262 (2,827,723)
Subtotal 692,515 (3,239,264)
Net gains (losses) on disposal of investments and other (65,786) 206,583
Net gains (losses) on other derivatives and financial instruments 476,868 206,426
Net unrealized gains (losses) on instruments measured at fair value through earnings 104,191 (730,160)
Loan loss (provision) reversal 139,620 (99,326)
Business divestiture-related gains (losses) (249,563) 0
Subtotal 405,330 (416,477)
Total realized and unrealized gains (losses) 1,097,845 (3,655,741)
Other income (loss) 15,258 14,926
General and administrative expenses    
Compensation and management fee 31,518 40,825
Other general and administrative expenses 18,177 36,804
Total general and administrative expenses 49,695 77,629
Income (loss) before income taxes 1,750,813 (3,666,891)
Income taxes (321) (26,702)
Net income (loss) 1,751,134 (3,640,189)
Net income (loss) attributable to noncontrolling interests 321 66
Net income (loss) attributable to Annaly 1,750,813 (3,640,255)
Dividends on preferred stock 26,883 35,509
Net income (loss) available (related) to common stockholders $ 1,723,930 $ (3,675,764)
Net income (loss) per share available (related) to common stockholders    
Basic (in dollars per share) $ 1.23 $ (2.57)
Diluted (in dollars per share) $ 1.23 $ (2.57)
Weighted average number of common shares outstanding    
Basic (in shares) 1,399,210,925 1,430,994,319
Diluted (in shares) 1,400,000,727 1,430,994,319
Other comprehensive income (loss)    
Net income (loss) $ 1,751,134 $ (3,640,189)
Unrealized gains (losses) on available-for-sale securities (1,428,927) 1,374,796
Reclassification adjustment for net (gains) losses included in net income (loss) 56,823 (391,616)
Other comprehensive income (loss) (1,372,104) 983,180
Comprehensive income (loss) 379,030 (2,657,009)
Comprehensive income (loss) attributable to noncontrolling interests 321 66
Comprehensive income (loss) attributable to Annaly 378,709 (2,657,075)
Comprehensive income (loss) attributable to common stockholders $ 351,826 $ (2,692,584)