NET INCOME (LOSS) PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2021

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 years ended December 31, 2021, 2020 and 2019.


	For the Years Ended
	December 31, 2021		December 31, 2020		December 31, 2019
	(dollars in thousands, except per share data)
Net income (loss)	$	2,396,280	$	(889,772)	$	(2,163,091)
Net income (loss) attributable to noncontrolling interests	6,384		1,391		(226)
Net income (loss) attributable to Annaly	2,389,896		(891,163)		(2,162,865)
Dividends on preferred stock	107,532		142,036		136,576
Net income (loss) available (related) to common stockholders	$	2,282,364	$	(1,033,199)	$	(2,299,441)


Weighted average shares of common stock outstanding-basic	1,427,426,079		1,414,659,439		1,434,912,682
Add: Effect of stock awards, if dilutive	1,142,924		—		—
Weighted average shares of common stock outstanding-diluted	1,428,569,003		1,414,659,439		1,434,912,682
Net income (loss) per share available (related) to common share
Basic	$	1.60	$	(0.73)	$	(1.60)
Diluted	$	1.60	$	(0.73)	$	(1.60)