XML 33 R22.htm IDEA: XBRL DOCUMENT
v3.23.3

NET INCOME (LOSS) PER COMMON SHARE | 9 Months Ended
--- | ---
Sep. 30, 2023
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 nine months ended September 30, 2023 and 2022.
| For the Three Months Ended |  | For the Nine Months Ended
| September 30, 2023 |  | September 30, 2022 |  | September 30, 2023 |  | September 30, 2022
| (dollars in thousands, except per share data)
Net income (loss) | $ | (569,084) |  |  | $ | (273,977) |  |  | $ | (1,247,225) |  |  | $ | 2,613,234 |
Net income (loss) attributable to noncontrolling interests | (6,879) |  |  | 1,287 |  |  | (7,797) |  |  | (453) |
Net income (loss) attributable to Annaly | (562,205) |  |  | (275,264) |  |  | (1,239,428) |  |  | 2,613,687 |
Dividends on preferred stock | 36,854 |  |  | 26,883 |  |  | 104,495 |  |  | 80,649 |
Net income (loss) available (related) to common stockholders | $ | (599,059) |  |  | $ | (302,147) |  |  | $ | (1,343,923) |  |  | $ | 2,533,038 |
Weighted average shares of common stock outstanding-basic | 494,330,361 |  |  | 429,858,876 |  |  | 492,744,997 |  |  | 392,172,655 |
Add: Effect of stock awards, if dilutive | — |  |  | — |  |  | — |  |  | 272,379 |
Weighted average shares of common stock outstanding-diluted | 494,330,361 |  |  | 429,858,876 |  |  | 492,744,997 |  |  | 392,445,034 |
Net income (loss) per share available (related) to common share |  |  |  |  |  |  |
Basic | $ | (1.21) |  |  | $ | (0.70) |  |  | $ | (2.73) |  |  | $ | 6.46 |
Diluted | $ | (1.21) |  |  | $ | (0.70) |  |  | $ | (2.73) |  |  | $ | 6.45 |
The computations of diluted net income (loss) per share available (related) to common share for the three and nine months ended September 30, 2023 excludes 1.9 million and 1.8 million, respectively, and for the three and nine months ended September 30, 2022 excludes 1.4 million and 0.7 million, respectively, of potentially dilutive restricted 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://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration