XML 16 R4.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Net interest income    
Interest income $ 866,186,000 $ 879,487,000
Interest expense 647,695,000 367,421,000
Net interest income 218,491,000 512,066,000
Realized and unrealized gains (losses)    
Net interest component of interest rate swaps 134,035,000 (48,160,000)
Realized gains (losses) on termination or maturity of interest rate swaps (588,256,000) 834,000
Unrealized gains (losses) on interest rate swaps (390,556,000) 977,285,000
Subtotal (844,777,000) 929,959,000
Net gains (losses) on disposal of investments (93,916,000) 13,468,000
Net gains (losses) on other derivatives (115,159,000) (47,145,000)
Net unrealized gains (losses) on instruments measured at fair value through earnings 47,629,000 (51,593,000)
Loan loss provision (5,703,000) 0
Subtotal (167,149,000) (85,270,000)
Total realized and unrealized gains (losses) (1,011,926,000) 844,689,000
Other income (loss) 30,502,000 34,023,000
General and administrative expenses    
Compensation and management fee 44,833,000 44,529,000
Other general and administrative expenses 38,904,000 17,981,000
Total general and administrative expenses 83,737,000 62,510,000
Income (loss) before income taxes (846,670,000) 1,328,268,000
Income taxes 2,581,000 564,000
Net income (loss) (849,251,000) 1,327,704,000
Net income (loss) attributable to noncontrolling interests (101,000) (96,000)
Net income (loss) attributable to Annaly (849,150,000) 1,327,800,000
Dividends on preferred stock 32,494,000 33,766,000
Net income (loss) available (related) to common stockholders $ (881,644,000) $ 1,294,034,000
Net income (loss) per share available (related) to common stockholders    
Basic (in dollars per share) $ (0.63) $ 1.12
Diluted (in dollars per share) $ (0.63) $ 1.12
Weighted average number of common shares outstanding    
Basic (in shares) 1,398,614,205 1,159,617,848
Diluted (in shares) 1,398,614,205 1,160,103,185
Net income (loss) $ (849,251,000) $ 1,327,704,000
Other comprehensive income (loss)    
Unrealized gains (losses) on available-for-sale securities 1,599,398,000 (1,879,479,000)
Reclassification adjustment for net (gains) losses included in net income (loss) 61,091,000 5,419,000
Other comprehensive income (loss) 1,660,489,000 (1,874,060,000)
Comprehensive income (loss) 811,238,000 (546,356,000)
Comprehensive income (loss) attributable to noncontrolling interests (101,000) (96,000)
Comprehensive income (loss) attributable to Annaly 811,339,000 (546,260,000)
Dividends on preferred stock 32,494,000 33,766,000
Comprehensive income (loss) attributable to common stockholders $ 778,845,000 $ (580,026,000)