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NET INCOME (LOSS) PER COMMON SHARE (Tables)
 6 Months Ended
Jun. 30, 2020
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 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.