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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Net interest income      
Interest income $ 2,229,625 $ 3,787,297 $ 3,332,563
Interest expense 899,112 2,784,875 1,897,860
Net interest income 1,330,513 1,002,422 1,434,703
Realized and unrealized gains (losses)      
Net interest component of interest rate swaps (207,877) 351,375 100,553
Realized gains (losses) on termination or maturity of interest rate swaps (1,917,628) (1,442,964) 1,409
Unrealized gains (losses) on interest rate swaps (904,532) (1,210,276) 424,081
Subtotal (3,030,037) (2,301,865) 526,043
Net gains (losses) on disposal of investments 661,513 (47,944) (1,124,448)
Net gains (losses) on other derivatives 756,305 (680,770) (403,001)
Net unrealized gains (losses) on instruments measured at fair value through earnings (303,024) 36,021 (158,082)
Loan loss provision (147,581) (16,569) (3,496)
Subtotal 967,213 (709,262) (1,689,027)
Total realized and unrealized gains (losses) (2,062,824) (3,011,127) (1,162,984)
Other income (loss) 53,314 136,413 109,927
General and administrative expenses      
Compensation and management fee 131,685 170,628 179,841
Other general and administrative expenses 107,513 131,006 150,032
Total general and administrative expenses 239,198 301,634 329,873
Income (loss) before income taxes (918,195) (2,173,926) 51,773
Income taxes (28,423) (10,835) (2,375)
Net income (loss) (889,772) (2,163,091) 54,148
Net income (loss) attributable to noncontrolling interests 1,391 (226) (260)
Net income (loss) attributable to Annaly (891,163) (2,162,865) 54,408
Dividends on preferred stock 142,036 136,576 129,312
Net income (loss) available (related) to common stockholders $ (1,033,199) $ (2,299,441) $ (74,904)
Net income (loss) per share available (related) to common stockholders      
Basic (in dollars per share) $ (0.73) $ (1.60) $ (0.06)
Diluted (in dollars per share) $ (0.73) $ (1.60) $ (0.06)
Weighted average number of common shares outstanding      
Basic (in shares) 1,414,659,439 1,434,912,682 1,209,601,809
Diluted (in shares) 1,414,659,439 1,434,912,682 1,209,601,809
Other comprehensive income (loss)      
Net income (loss) $ (889,772) $ (2,163,091) $ 54,148
Unrealized gains (losses) on available-for-sale securities 2,012,878 4,135,862 (2,004,166)
Reclassification adjustment for net (gains) losses included in net income (loss) (776,734) (17,806) 1,150,321
Other comprehensive income (loss) 1,236,144 4,118,056 (853,845)
Comprehensive income (loss) 346,372 1,954,965 (799,697)
Comprehensive income (loss) attributable to noncontrolling interests 1,391 (226) (260)
Comprehensive income (loss) attributable to Annaly 344,981 1,955,191 (799,437)
Comprehensive income (loss) attributable to common stockholders $ 202,945 $ 1,818,615 $ (928,749)