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SEGMENTS
 3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
SEGMENTS
17.  SEGMENTS
The Company operates in three reportable segments further described in the Description of Business Note. The accounting policies applied to the segments are the same as those described in the summary of significant accounting policies, with the exception of allocations between segments related to net interest income and other comprehensive income (loss), which are
reflected in Other income (loss), and allocations between segments related to investment balances, which are presented net of associated financings in Total Assets. These allocations are made to reflect the economic hedging relationship between investments within different operating segments. Activities that are not directly attributable or not allocated to any of the three current operating segments (such as investments in commercial mortgage-backed securities, preferred stock dividends and corporate existence costs) are reported under Corporate and Other as reconciling items to the Company’s consolidated financial statements. The tables below summarize the result of operations and total assets by segment that are provided to the Chief Operating Decision Maker (CODM), which is the Company’s Operating Committee. Comprehensive income is the measure of segment profit or loss that is determined in accordance with the measurement principles used in measuring the corresponding amounts in the consolidated financial statements and is a key determinant of the Company’s economic return (computed as the change in stockholders’ equity attributable to common shareholders plus common stock dividends declared divided by the prior period’s stockholders’ equity attributable to common shareholders), a measure which is used by the CODM to evaluate segment results and is one of the factors considered in determining capital allocation among the segments.
The following tables present the reportable operating segments related to the Company’s results of operations for the three months ended March 31, 2024 and 2023:
Three Months Ended March 31, 2024
 AgencyResi-creditMSRCorporate & OtherConsolidated
(dollars in thousands)
Interest income$781,926 $309,008 $— $3,554 $1,094,488 
Interest expense846,771 251,862 — 2,306 1,100,939 
Net interest income(64,845)57,146 — 1,248 (6,451)
Servicing and related income— — 115,084 — 115,084 
Servicing and related expense— — 12,216 — 12,216 
Net servicing income— — 102,868 — 102,868 
 Other income (loss) 300,952 105,366 (870)936 406,384 
 Less: Total general and administrative expenses 15,588 12,674 8,594 1,714 38,570 
 Income (loss) before income taxes 220,519 149,838 93,404 470 464,231 
 Income taxes 607 (1,679)149 (20)(943)
 Net income (loss) 219,912 151,517 93,255 490 465,174 
 Less: Net income (loss) attributable to noncontrolling interest — 2,282 — — 2,282 
 Net income (loss) attributable to Annaly 219,912 149,235 93,255 490 462,892 
 Dividends on preferred stock — — — 37,061 37,061 
 Net income (loss) available (related) to common stockholders 219,912 149,235 93,255 (36,571)425,831 
 Unrealized gains (losses) on available-for-sale securities (281,869)— — — (281,869)
 Reclassification adjustment for net (gains) losses included in net income (loss) 335,351 — — — 335,351 
 Other comprehensive income (loss) 53,482 — — — 53,482 
 Comprehensive income (loss) 273,394 151,517 93,255 490 518,656 
 Comprehensive income (loss) attributable to noncontrolling interests — 2,282 — — 2,282 
 Comprehensive income (loss) attributable to Annaly $273,394 $149,235 $93,255 $490 $516,374 
 Noncash investing and financing activities:
 Receivable for unsettled trades 907,634 5,000 28,732 — 941,366 
 Payable for unsettled trades 2,430,956 — 125,842 — 2,556,798 
 Net change in unrealized gains (losses) on available-for-sale securities, net of reclassification adjustment 53,482 — — — 53,482 
 Dividends declared, not yet paid — — — 325,286 325,286 
Total assets
 Total assets $66,485,685 $21,525,612 $3,209,074 $263,175 $91,483,546 
Three Months Ended March 31, 2023
 AgencyResi-creditMSRCorporate & OtherConsolidated
(dollars in thousands)
Interest income$607,387 $200,976 $— $9,887 $818,250 
Interest expense651,684 141,501 — 5,602 798,787 
Net interest income(44,297)59,475 — 4,285 19,463 
Servicing and related income— — 84,273 — 84,273 
Servicing and related expense— — 7,880 — 7,880 
Net servicing income— — 76,393 — 76,393 
Other income (loss)(945,023)37,776 28,234 (4,310)(883,323)
Less: Total general and administrative expenses14,140 12,678 7,370 6,640 40,828 
Income (loss) before income taxes(1,003,460)84,573 97,257 (6,665)(828,295)
Income taxes(219)7,376 3,759 117 11,033 
Net income (loss)(1,003,241)77,197 93,498 (6,782)(839,328)
Less: Net income (loss) attributable to noncontrolling interest— 4,928 — — 4,928 
Net income (loss) attributable to Annaly(1,003,241)72,269 93,498 (6,782)(844,256)
Dividends on preferred stock— — — 31,875 31,875 
Net income (loss) available (related) to common stockholders(1,003,241)72,269 93,498 (38,657)(876,131)
Unrealized gains (losses) on available-for-sale securities675,374 — — — 675,374 
Reclassification adjustment for net (gains) losses included in net income (loss)482,908 — — — 482,908 
Other comprehensive income (loss)1,158,282 — — — 1,158,282 
Comprehensive income (loss)155,041 77,197 93,498 (6,782)318,954 
Comprehensive income (loss) attributable to noncontrolling interests— 4,928 — — 4,928 
Comprehensive income (loss) attributable to Annaly$155,041 $72,269 $93,498 $(6,782)$314,026 
 Noncash investing and financing activities:
Receivable for unsettled trades669,048 — 10,048 — 679,096 
Payable for unsettled trades3,234,611 578 23,845 — 3,259,034 
Net change in unrealized gains (losses) on available-for-sale securities, net of reclassification adjustment1,158,282 — — — 1,158,282 
Dividends declared, not yet paid— — — 321,023 321,023 
Total assets
Total assets$68,858,366 $15,313,440 $2,012,405 $647,806 $86,832,017