XML 44 R22.htm IDEA: XBRL DOCUMENT
v3.20.2

NET INCOME (LOSS) PER COMMON SHARE | 6 Months Ended
--- | ---
Jun. 30, 2020
Earnings Per Share [Abstract] |
NET INCOME (LOSS) PER COMMON SHARE |
16. NET INCOME (LOSS) PER COMMON SHARE
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 six months ended June 30, 2020 and June 30, 2019.
| For the Three Months Ended |  | For the Six Months Ended
| June 30, 2020 |  | June 30, 2019 |  | June 30, 2020 |  | June 30, 2019
| (dollars in thousands, except per share data)
Net income (loss) | $ | 856,234 |  |  | $ | (1,776,413 | ) |  | $ | (2,783,955 | ) |  | $ | (2,625,664 | )
Net income (loss) attributable to noncontrolling interests | 32 |  |  | (83 | ) |  | 98 |  |  | (184 | )
Net income (loss) attributable to Annaly | 856,202 |  |  | (1,776,330 | ) |  | (2,784,053 | ) |  | (2,625,480 | )
Dividends on preferred stock (1) | 35,509 |  |  | 32,422 |  |  | 71,018 |  |  | 64,916 |
Net income (loss) available (related) to common stockholders | $ | 820,693 |  |  | $ | (1,808,752 | ) |  | $ | (2,855,071 | ) |  | $ | (2,690,396 | )
Weighted average shares of common stock outstanding-basic | 1,423,909,112 |  |  | 1,456,038,736 |  |  | 1,427,451,716 |  |  | 1,427,485,102 |
Add: Effect of stock awards, if dilutive | — |  |  | — |  |  | — |  |  | — |
Weighted average shares of common stock outstanding-diluted | 1,423,909,112 |  |  | 1,456,038,736 |  |  | 1,427,451,716 |  |  | 1,427,485,102 |
Net income (loss) per share available (related) to common share |  |  |  |  |  |  |
Basic | $ | 0.58 |  |  | $ | (1.24 | ) |  | $ | (2.00 | ) |  | $ | (1.88 | )
Diluted | $ | 0.58 |  |  | $ | (1.24 | ) |  | $ | (2.00 | ) |  | $ | (1.88 | )
(1) The three and six months ended June 30, 2019 includes cumulative and undeclared dividends of $0.3 million on the Company's Series Preferred Stock as of June 30, 2019. The computations of diluted net income (loss) per share available (related) to common share for the three and six months ended June 30, 2020 excludes 0.5 million and 0.4 million of potentially dilutive restricted stock units and performance stock units because their effect would have been anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration