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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net interest income    
Interest income $ 555,026 $ 866,186
Interest expense 503,473 647,695
Net interest income 51,553 218,491
Realized and unrealized gains (losses)    
Net interest component of interest rate swaps (13,980) 134,035
Realized gains (losses) on termination or maturity of interest rate swaps (397,561) (588,256)
Unrealized gains (losses) on interest rate swaps (2,827,723) (390,556)
Subtotal (3,239,264) (844,777)
Net gains (losses) on disposal of investments and other 206,583 (93,916)
Net gains (losses) on other derivatives 206,426 (115,159)
Net unrealized gains (losses) on instruments measured at fair value through earnings (730,160) 47,629
Loan loss provision (99,326) (5,703)
Subtotal (416,477) (167,149)
Total realized and unrealized gains (losses) (3,655,741) (1,011,926)
Other income (loss) 14,926 30,502
General and administrative expenses    
Compensation and management fee 40,825 44,833
Other general and administrative expenses 36,804 38,904
Total general and administrative expenses 77,629 83,737
Income (loss) before income taxes (3,666,891) (846,670)
Income taxes (26,702) 2,581
Net income (loss) (3,640,189) (849,251)
Net income (loss) attributable to noncontrolling interests 66 (101)
Net income (loss) attributable to Annaly (3,640,255) (849,150)
Dividends on preferred stock 35,509 32,494
Net income (loss) available (related) to common stockholders $ (3,675,764) $ (881,644)
Net income (loss) per share available (related) to common stockholders    
Basic (in dollars per share) $ (2.57) $ (0.63)
Diluted (in dollars per share) $ (2.57) $ (0.63)
Weighted average number of common shares outstanding    
Basic (in shares) 1,430,994,319 1,398,614,205
Diluted (in shares) 1,430,994,319 1,398,614,205
Net income (loss) $ (3,640,189) $ (849,251)
Other comprehensive income (loss)    
Unrealized gains (losses) on available-for-sale securities 1,374,796 1,599,398
Reclassification adjustment for net (gains) losses included in net income (loss) (391,616) 61,091
Other comprehensive income (loss) 983,180 1,660,489
Comprehensive income (loss) (2,657,009) 811,238
Comprehensive income (loss) attributable to noncontrolling interests 66 (101)
Comprehensive income (loss) attributable to Annaly (2,657,075) 811,339
Comprehensive income (loss) attributable to common stockholders $ (2,692,584) $ 778,845