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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Net interest income    
Interest income $ 1,094,488 $ 818,250
Interest expense 1,100,939 798,787
Net interest income (6,451) 19,463
Net servicing income    
Servicing and related income 115,084 84,273
Servicing and related expense 12,216 7,880
Net servicing income 102,868 76,393
Other income (loss)    
Net gains (losses) on investments and other (994,127) 1,712
Net gains (losses) on derivatives 1,377,144 (900,752)
Loan loss (provision) reversal 0 219
Other, net 23,367 15,498
Total other income (loss) 406,384 (883,323)
General and administrative expenses    
Compensation expense 28,721 29,391
Other general and administrative expenses 9,849 11,437
Total general and administrative expenses 38,570 40,828
Income (loss) before income taxes 464,231 (828,295)
Income taxes (943) 11,033
Net income (loss) 465,174 (839,328)
Net income (loss) attributable to noncontrolling interests 2,282 4,928
Net income (loss) attributable to Annaly 462,892 (844,256)
Dividends on preferred stock 37,061 31,875
Net income (loss) available (related) to common stockholders $ 425,831 $ (876,131)
Net income (loss) per share available (related) to common stockholders    
Basic (in dollars per share) $ 0.85 $ (1.79)
Diluted (in dollars per share) $ 0.85 $ (1.79)
Weighted average number of common shares outstanding    
Basic (in shares) 500,612,840 489,688,364
Diluted (in shares) 501,182,043 489,688,364
Other comprehensive income (loss)    
Net income (loss) $ 465,174 $ (839,328)
Unrealized gains (losses) on available-for-sale securities (281,869) 675,374
Reclassification adjustment for net (gains) losses included in net income (loss) 335,351 482,908
Other comprehensive income (loss) 53,482 1,158,282
Comprehensive income (loss) 518,656 318,954
Comprehensive income (loss) attributable to noncontrolling interests 2,282 4,928
Comprehensive income (loss) attributable to Annaly 516,374 314,026
Dividends on preferred stock 37,061 31,875
Comprehensive income (loss) attributable to common stockholders $ 479,313 $ 282,151