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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net interest income      
Interest income $ 1,983,036 $ 2,229,625 $ 3,787,297
Interest expense 249,243 899,112 2,784,875
Net interest income 1,733,793 1,330,513 1,002,422
Realized and unrealized gains (losses)      
Net interest component of interest rate swaps (276,142) (207,877) 351,375
Realized gains (losses) on termination or maturity of interest rate swaps (1,236,349) (1,917,628) (1,442,964)
Unrealized gains (losses) on interest rate swaps 2,198,486 (904,532) (1,210,276)
Subtotal 685,995 (3,030,037) (2,301,865)
Net gains (losses) on disposal of investments and other (62,705) 661,513 (47,944)
Net gains (losses) on other derivatives and financial instruments 121,735 756,305 (680,770)
Net unrealized gains (losses) on instruments measured at fair value through earnings 183,663 (303,024) 36,021
Loan loss (provision) reversal 145,066 (147,581) (16,569)
Business divestiture-related gains (losses) (278,559) 0 0
Subtotal 109,200 967,213 (709,262)
Total realized and unrealized gains (losses) 795,195 (2,062,824) (3,011,127)
Other income (loss) 57,981 36,311 106,547
General and administrative expenses      
Compensation and management fee 118,451 131,685 170,628
Other general and administrative expenses 67,563 90,510 101,140
Total general and administrative expenses 186,014 222,195 271,768
Income (loss) before income taxes 2,400,955 (918,195) (2,173,926)
Income taxes 4,675 (28,423) (10,835)
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)
Net income (loss) per share available (related) to common stockholders      
Basic (in dollars per share) $ 1.60 $ (0.73) $ (1.60)
Diluted (in dollars per share) $ 1.60 $ (0.73) $ (1.60)
Weighted average number of common shares outstanding      
Basic (in shares) 1,427,426,079 1,414,659,439 1,434,912,682
Diluted (in shares) 1,428,569,003 1,414,659,439 1,434,912,682
Other comprehensive income (loss)      
Net income (loss) $ 2,396,280 $ (889,772) $ (2,163,091)
Unrealized gains (losses) on available-for-sale securities (2,419,618) 2,012,878 4,135,862
Reclassification adjustment for net (gains) losses included in net income (loss) 3,693 (776,734) (17,806)
Other comprehensive income (loss) (2,415,925) 1,236,144 4,118,056
Comprehensive income (loss) (19,645) 346,372 1,954,965
Comprehensive income (loss) attributable to noncontrolling interests 6,384 1,391 (226)
Comprehensive income (loss) attributable to Annaly (26,029) 344,981 1,955,191
Comprehensive income (loss) attributable to common stockholders $ (133,561) $ 202,945 $ 1,818,615