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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net interest income:        
Interest income $ 776,806 $ 537,426 $ 1,656,293 $ 1,125,153
Interest expense 442,692 222,281 810,113 420,706
Net interest income 334,114 315,145 846,180 704,447
Realized and unrealized gains (losses):        
Net interest component of interest rate swaps 31,475 (96,470) (16,685) (200,626)
Realized gains (losses) on termination or maturity of interest rate swaps 0 (58) 834 (58)
Unrealized gains (losses) on interest rate swaps 343,475 (177,567) 1,320,760 (28,383)
Subtotal 374,950 (274,095) 1,304,909 (229,067)
Net gains (losses) on disposal of investments (66,117) (5,516) (52,649) (281)
Net gains (losses) on other derivatives 34,189 (14,423) (12,956) (14,104)
Net unrealized gains (losses) on instruments measured at fair value through earnings (48,376) 16,240 (99,969) 39,923
Subtotal (80,304) (3,699) (165,574) 25,538
Total realized and unrealized gains (losses) 294,646 (277,794) 1,139,335 (203,529)
Other income (loss):        
Other income (loss) 34,170 30,865 68,193 62,511
Total other income (loss) 34,170 30,865 68,193 62,511
General and administrative expenses:        
Compensation and management fee 45,579 38,938 90,108 78,200
Other general and administrative expenses 18,202 15,085 36,183 29,651
Total general and administrative expenses 63,781 54,023 126,291 107,851
Income (loss) before income taxes 599,149 14,193 1,927,417 455,578
Income taxes 3,262 (329) 3,826 648
Net income (loss) 595,887 14,522 1,923,591 454,930
Net income (loss) attributable to noncontrolling interest (32) (102) (128) (205)
Net income (loss) attributable to Annaly 595,919 14,624 1,923,719 455,135
Dividends on preferred stock 31,377 23,473 65,143 46,946
Net income (loss) available (related) to common stockholders $ 564,542 $ (8,849) $ 1,858,576 $ 408,189
Net income (loss) per share available (related) to common stockholders:        
Basic (in dollars per share) $ 0.49 $ (0.01) $ 1.60 $ 0.40
Diluted (in dollars per share) $ 0.49 $ (0.01) $ 1.60 $ 0.40
Weighted average number of common shares outstanding:        
Basic (in shares) 1,160,436,777 1,019,000,817 1,160,029,575 1,018,971,942
Diluted (in shares) 1,160,979,451 1,019,000,817 1,160,543,580 1,019,357,697
Dividends declared per share of common stock (in dollars per share) $ 0.3 $ 0.3 $ 0.6 $ 0.60
Net income (loss) $ 595,887 $ 14,522 $ 1,923,591 $ 454,930
Other comprehensive income (loss):        
Unrealized gains (losses) on available-for-sale securities (505,130) 261,964 (2,384,609) 202,349
Reclassification adjustment for net (gains) losses included in net income (loss) 70,763 13,360 76,182 32,777
Other comprehensive income (loss) (434,367) 275,324 (2,308,427) 235,126
Comprehensive income (loss) 161,520 289,846 (384,836) 690,056
Comprehensive income (loss) attributable to noncontrolling interest (32) (102) (128) (205)
Comprehensive income (loss) attributable to Annaly 161,552 289,948 (384,708) 690,261
Comprehensive income (loss) attributable to common stockholders $ 130,175 $ 266,475 $ (449,851) $ 643,315