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NET INCOME (LOSS) PER COMMON SHARE
6 Months Ended
Jun. 30, 2021
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, 2021 and June 30, 2020.
 For the Three Months Ended
For the Six Months Ended
 June 30, 2021June 30, 2020June 30, 2021June 30, 2020
 (dollars in thousands, except per share data)
Net income (loss)$(294,848)$856,234 $1,456,286 $(2,783,955)
Net income (loss) attributable to noncontrolling interests794 32 1,115 98 
Net income (loss) attributable to Annaly (295,642)856,202 1,455,171 (2,784,053)
Dividends on preferred stock26,883 35,509 53,766 71,018 
Net income (loss) available (related) to common stockholders$(322,525)$820,693 $1,401,405 $(2,855,071)
Weighted average shares of common stock outstanding-basic1,410,239,138 1,423,909,112 1,404,755,496 1,427,451,716 
Add: Effect of stock awards, if dilutive — 1,008,776 — 
Weighted average shares of common  stock outstanding-diluted1,410,239,138 1,423,909,112 1,405,764,272 1,427,451,716 
Net income (loss) per share available (related) to common share
Basic$(0.23)$0.58 $1.00 $(2.00)
Diluted$(0.23)$0.58 $1.00 $(2.00)
The computations of diluted net income (loss) per share available (related) to common share for the three months ended June 30, 2021 excludes 3.2 million and the three and six months ended June 30, 2020 excludes 0.5 million and 0.4 million, respectively, of potentially dilutive restricted stock units because their effect would have been anti-dilutive.