NET INCOME (LOSS) PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2021

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, 2021 and September 30, 2020.

	For the Three Months Ended				For the Nine Months Ended
	September 30, 2021		September 30, 2020		September 30, 2021		September 30, 2020
	(dollars in thousands, except per share data)
Net income (loss)	$	521,534	$	1,015,548	$	1,977,820	$	(1,768,407)
Net income (loss) attributable to noncontrolling interests	2,290		(126)		3,405		(28)
Net income (loss) attributable to Annaly	519,244		1,015,674		1,974,415		(1,768,379)
Dividends on preferred stock	26,883		35,509		80,649		106,527
Net income (loss) available (related) to common stockholders	$	492,361	$	980,165	$	1,893,766	$	(1,874,906)
Weighted average shares of common stock outstanding-basic	1,445,315,914		1,404,202,695		1,418,424,208		1,419,645,475
Add: Effect of stock awards, if dilutive	1,041,953		165,605		1,077,997		—
Weighted average shares of common  stock outstanding-diluted	1,446,357,867		1,404,368,300		1,419,502,205		1,419,645,475
Net income (loss) per share available (related) to common share
Basic	$	0.34	$	0.70	$	1.34	$	(1.32)
Diluted	$	0.34	$	0.70	$	1.33	$	(1.32)