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NET INCOME (LOSS) PER COMMON SHARE
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER COMMON SHARE
18.  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 years ended December 31, 2023, 2022 and 2021.
 For the Years Ended
 December 31, 2023December 31, 2022December 31, 2021
 (dollars in thousands, except per share data)
Net income (loss)$(1,638,457)$1,726,420 $2,396,280 
Net income (loss) attributable to noncontrolling interests4,714 1,095 6,384 
Net income (loss) attributable to Annaly (1,643,171)1,725,325 2,389,896 
Dividends on preferred stock141,676 110,623 107,532 
Net income (loss) available (related) to common stockholders$(1,784,847)$1,614,702 $2,282,364 
Weighted average shares of common stock outstanding-basic494,541,323 411,348,484 356,856,520 
Add: Effect of stock awards, if dilutive 273,274 285,731 
Weighted average shares of common  stock outstanding-diluted494,541,323 411,621,758 357,142,251 
Net income (loss) per share available (related) to common share
Basic$(3.61)$3.93 $6.40 
Diluted$(3.61)$3.92 $6.39 

The computations of diluted net income (loss) per share available (related) to common share for the years ended December 31, 2023 and 2022 exclude 1.9 million and 0.7 million, respectively, of potentially dilutive restricted stock units and performance stock units because their effect would have been anti-dilutive.