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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net interest income    
Interest income $ 1,317,108 $ 1,094,488
Interest expense 1,097,137 1,100,939
Net interest income 219,971 (6,451)
Net servicing income    
Servicing and related income 140,435 115,084
Servicing and related expense 14,113 12,216
Net servicing income 126,322 102,868
Other income (loss)    
Net gains (losses) on investments and other 810,812 (994,127)
Net gains (losses) on derivatives (977,867) 1,377,144
Other, net 7,398 23,367
Total other income (loss) (159,657) 406,384
General and administrative expenses    
Compensation expense 37,297 28,721
Other general and administrative expenses 10,767 9,849
Total general and administrative expenses 48,064 38,570
Income (loss) before income taxes 138,572 464,231
Income taxes 8,267 (943)
Net income (loss) 130,305 465,174
Net income (loss) attributable to noncontrolling interests 6,081 2,282
Net income (loss) attributable to Annaly 124,224 462,892
Dividends on preferred stock 37,157 37,061
Net income (loss) available (related) to common stockholders $ 87,067 $ 425,831
Net income (loss) per share available (related) to common stockholders    
Basic (in dollars per share) $ 0.15 $ 0.85
Diluted (in dollars per share) $ 0.15 $ 0.85
Weighted average number of common shares outstanding    
Basic (in shares) 587,149,704 500,612,840
Diluted (in shares) 588,420,998 501,182,043
Other comprehensive income (loss)    
Net income (loss) $ 130,305 $ 465,174
Unrealized gains (losses) on available-for-sale securities 164,877 (281,869)
Reclassification adjustment for net (gains) losses included in net income (loss) 65,403 335,351
Other comprehensive income (loss) 230,280 53,482
Comprehensive income (loss) 360,585 518,656
Comprehensive income (loss) attributable to noncontrolling interests 6,081 2,282
Comprehensive income (loss) attributable to Annaly 354,504 516,374
Dividends on preferred stock 37,157 37,061
Comprehensive income (loss) attributable to common stockholders $ 317,347 $ 479,313