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NET INCOME (LOSS) PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 2019
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, 2019 and September 30, 2018.
 
For the Three Months Ended
 
For the Nine Months Ended
 
September 30, 2019
 
September 30, 2018
 
September 30, 2019
 
September 30, 2018
 
(dollars in thousands, except per share data)
Net income (loss)
$
(747,169
)
 
$
385,429

 
$
(3,372,833
)
 
$
2,309,020

Net income (loss) attributable to noncontrolling interests
(110
)
 
(149
)
 
(294
)
 
(277
)
Net income (loss) attributable to Annaly
(747,059
)
 
385,578

 
(3,372,539
)
 
2,309,297

Dividends on preferred stock (1)
36,151

 
31,675

 
101,067

 
96,818

Net income (loss) available (related) to common stockholders
$
(783,210
)
 
$
353,903

 
$
(3,473,606
)
 
$
2,212,479

Weighted average shares of common stock outstanding-basic
1,453,359,211

 
1,202,353,851

 
1,436,204,582

 
1,174,292,701

Add: Effect of stock awards, if dilutive
—

 
—

 
—

 
—

Weighted average shares of common  stock outstanding-diluted
1,453,359,211

 
1,202,353,851

 
1,436,204,582

 
1,174,292,701

Net income (loss) per share available (related) to common share
 
 
 
 
 
 
 
Basic
$
(0.54
)
 
$
0.29

 
$
(2.42
)
 
$
1.88

Diluted
$
(0.54
)
 
$
0.29

 
$
(2.42
)
 
$
1.88


(1) 
The three months ended September 30, 2019 exclude cumulative and undeclared dividends of $0.3 million on the Company’s Series I Preferred Stock as of June 30, 2019.