2015 Q2 Form 10-Q Financial Statement

#000115752315002826 Filed on August 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $1.080B -$158.1M
YoY Change -783.36% -108.36%
Cost Of Revenue $113.1M $126.1M
YoY Change -10.31% -23.25%
Gross Profit $967.4M -$284.2M
YoY Change -440.39% -116.45%
Gross Profit Margin 89.54%
Selling, General & Admin $52.00M $52.20M
YoY Change -0.38% -19.82%
% of Gross Profit 5.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.900M $400.0K
YoY Change 625.0% -60.0%
% of Gross Profit 0.3%
Operating Expenses $51.90M $52.20M
YoY Change -0.57% -19.82%
Operating Profit $915.5M -$336.4M
YoY Change -372.15% -120.24%
Interest Expense $113.1M $126.1M
YoY Change -10.34% -23.22%
% of Operating Profit 12.35%
Other Income/Expense, Net -$7.353M $14.92M
YoY Change -149.27% -98.71%
Pretax Income $892.4M -$335.1M
YoY Change -366.29% -120.45%
Income Tax -$7.683M -$852.0K
% Of Pretax Income -0.86%
Net Earnings $900.1M -$334.3M
YoY Change -369.27% -120.4%
Net Earnings / Revenue 83.31%
Basic Earnings Per Share $0.93 -$0.37
Diluted Earnings Per Share $0.93 -$0.37
COMMON SHARES
Basic Shares Outstanding 947.7M shares 947.5M shares
Diluted Shares Outstanding 947.9M shares 947.5M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.785B $1.321B
YoY Change 35.12% 81.96%
Cash & Equivalents $1.785B $1.321B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $258.0M $863.0M
Other Receivables $234.0M $284.0M
Total Short-Term Assets $2.277B $2.468B
YoY Change -7.74% -4.19%
LONG-TERM ASSETS
Property, Plant & Equipment $217.0M $74.00M
YoY Change 193.24%
Goodwill $71.82M $94.78M
YoY Change -24.23% 32.75%
Intangibles
YoY Change
Long-Term Investments $72.83B $84.29B
YoY Change -13.59% -15.37%
Other Assets
YoY Change
Total Long-Term Assets $73.27B $84.68B
YoY Change -13.48% -15.23%
TOTAL ASSETS
Total Short-Term Assets $2.277B $2.468B
Total Long-Term Assets $73.27B $84.68B
Total Assets $75.55B $87.15B
YoY Change -13.32% -14.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $132.0M $158.0M
YoY Change -16.46% -3.66%
Deferred Revenue
YoY Change
Short-Term Debt $57.46B $70.37B
YoY Change -18.35% -15.92%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $58.55B $71.60B
YoY Change -18.22% -17.79%
LONG-TERM LIABILITIES
Long-Term Debt $2.974B $1.136B
YoY Change 161.8% 34.6%
Other Long-Term Liabilities $1.427B $970.0M
YoY Change 47.11% -23.68%
Total Long-Term Liabilities $4.401B $2.106B
YoY Change 108.97% -0.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $58.55B $71.60B
Total Long-Term Liabilities $4.401B $2.106B
Total Liabilities $62.95B $73.70B
YoY Change -14.59% -17.38%
SHAREHOLDERS EQUITY
Retained Earnings -$2.766B -$1.678B
YoY Change 64.89% 49.17%
Common Stock $9.478M $9.475M
YoY Change 0.03% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.59B $13.45B
YoY Change
Total Liabilities & Shareholders Equity $75.55B $87.15B
YoY Change -13.32% -14.95%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $900.1M -$334.3M
YoY Change -369.27% -120.4%
Depreciation, Depletion And Amortization $2.900M $400.0K
YoY Change 625.0% -60.0%
Cash From Operating Activities $457.0M $1.577B
YoY Change -71.02% -141.27%
INVESTING ACTIVITIES
Capital Expenditures -$119.0M -$46.00M
YoY Change 158.7% -80.0%
Acquisitions
YoY Change
Other Investing Activities $2.369B -$5.176B
YoY Change -145.77% -142.74%
Cash From Investing Activities $2.249B -$5.222B
YoY Change -143.07% -143.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.842B 4.041B
YoY Change -170.33% -143.94%
NET CHANGE
Cash From Operating Activities 457.0M 1.577B
Cash From Investing Activities 2.249B -5.222B
Cash From Financing Activities -2.842B 4.041B
Net Change In Cash -136.0M 396.0M
YoY Change -134.34% -134.83%
FREE CASH FLOW
Cash From Operating Activities $457.0M $1.577B
Capital Expenditures -$119.0M -$46.00M
Free Cash Flow $576.0M $1.623B
YoY Change -64.51% -145.2%

Facts In Submission

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dei Document Type
DocumentType
10-Q
dei Entity Registrant Name
EntityRegistrantName
ANNALY CAPITAL MANAGEMENT INC
dei Trading Symbol
TradingSymbol
NLY
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dei Entity Filer Category
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us-gaap Basis Of Accounting
BasisOfAccounting
<div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); TEXT-ALIGN: justify; FONT: 13px 'times new roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><a name="note2" id="note2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> 2.&#xA0;&#xA0;&#xA0;&#xA0;&#xA0;BASIS OF PRESENTATION</font></font></a></div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); TEXT-ALIGN: justify; FONT: 13px 'times new roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'"><br /></font></div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); TEXT-ALIGN: justify; FONT: 13px 'times new roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">The accompanying consolidated financial statements and related notes of the Company have been prepared in accordance with accounting principles generally accepted in the United States ("GAAP").</font></font></div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); TEXT-ALIGN: justify; FONT: 13px 'times new roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'">&#xA0;</font></div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); TEXT-ALIGN: justify; FONT: 13px 'times new roman'; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">The accompanying consolidated financial statements and related notes are unaudited and should be read in conjunction with the audited consolidated financial statements included in the Company&#x2019;s most recent annual report on Form 10-K. The consolidated financial information as of December 31, 2014 has been derived from audited consolidated financial statements not included herein.</font></font></div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); TEXT-ALIGN: justify; FONT: 13px 'times new roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'">&#xA0;</font></div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); TEXT-ALIGN: justify; FONT: 13px 'times new roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">In the opinion of management, all normal, recurring adjustments have been included for a fair presentation of this interim financial information.<font style="FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;Interim period operating results may not be indicative of the operating results for a full year.</font></font></font></div> <p><br class="Apple-interchange-newline" /> &#xA0;</p> </div>
us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-07-30
us-gaap Use Of Estimates
UseOfEstimates
<div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); TEXT-ALIGN: justify; FONT: 13px 'times new roman'; MARGIN-LEFT: 0pt; WIDOWS: 1; DISPLAY: block; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"><font style="FONT-WEIGHT: bold; FONT-STYLE: italic; DISPLAY: inline"> Use of Estimates</font><font style="FONT-STYLE: italic; DISPLAY: inline">&#xA0;</font>&#x2013;<font style="FONT-STYLE: italic; DISPLAY: inline">&#xA0;</font>The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></font></div> <p><br class="Apple-interchange-newline" /> &#xA0;</p> </div>
dei Document Period End Date
DocumentPeriodEndDate
2015-06-30
us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P149D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y7M6D
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
17.24
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
15.26
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
947878958 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
-23000000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y7M6D
dei Entity Central Index Key
EntityCentralIndexKey
0001043219
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.60
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
8638138000
us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <div> <div style="TEXT-ALIGN: justify; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">The following table summarizes the gross amounts of reverse repurchase agreements and repurchase agreements, amounts offset in accordance with netting arrangements and net&#xA0;</font></font><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">amounts of repurchase agreements and reverse repurchase agreements as presented in the Consolidated Statements of Financial Condition as of June 30, 2015 and December 31, 2014. Refer to &#x201C;Derivative Instruments&#x201D; footnote for information related to the effect of netting arrangements on the Company&#x2019;s derivative instruments.</font></font></div> </div> <div>&#xA0;</div> </div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <div> <div align="center"> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="98%"> <tr> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="36%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="30%" colspan="6"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> June 30, 2015</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="30%" colspan="6"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> December 31, 2014</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> </tr> <tr> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="36%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="14%" colspan="2"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> Reverse Repurchase</font></div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> Agreements</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="14%" colspan="2"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> Repurchase</font></div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> Agreements</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="14%" colspan="2"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> Reverse Repurchase</font></div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> Agreements</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="14%" colspan="2"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> Repurchase</font></div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> Agreements</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> </tr> <tr> <td valign="bottom" width="36%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> <td valign="bottom" width="62%" colspan="14"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> (dollars in thousands)</font></div> </td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; FONT-WEIGHT: bold; DISPLAY: inline"> &#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="36%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Gross Amounts</font></div> </td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> $</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="13%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> $</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="13%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">57,459,552</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> $</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="13%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">700,000</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline"> $</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="13%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">71,961,926</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> </tr> <tr bgcolor="white"> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="36%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Amounts Offset</font></div> </td> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="13%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="13%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="13%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(600,000</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="13%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">(600,000</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">)</font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="PADDING-BOTTOM: 4px" valign="bottom" width="36%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">Netted Amounts</font></div> </td> <td style="PADDING-BOTTOM: 4px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="13%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">-</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="13%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">57,459,552</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="13%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">100,000</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">$</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="13%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">71,361,926</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'; DISPLAY: inline">&#xA0;</font></td> </tr> </table> </div> </div> <div>&#xA0;</div> </div> </div>
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
947700832 shares
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
234590000
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
857541000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
37915000
us-gaap Net Realized Or Unrealized Gain Loss On Trading Securities
NetRealizedOrUnrealizedGainLossOnTradingSecurities
-121136000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
387827000
us-gaap Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
321049000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
901026000
us-gaap Interest Income Other
InterestIncomeOther
127000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1901000
us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
66189000
us-gaap Gain Loss On Sale Of Debt Investments
GainLossOnSaleOfDebtInvestments
-100000
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
2350000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-378814000
us-gaap Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
190743000
us-gaap Payments Of Dividends
PaymentsOfDividends
604587000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-559848000
us-gaap Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
46945000
us-gaap Profit Loss
ProfitLoss
423572000
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
245000
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
12410000
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
121000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
15686000
us-gaap Payments For Proceeds From Real Estate Heldforinvestment
PaymentsForProceedsFromRealEstateHeldforinvestment
-321050000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-136037000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
-66277000
us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
-388454000
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
-45897000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
415903000
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
1146000
us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
-23426000
us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
71600000
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
66289000
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-294576000
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-121119000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
641000
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
180531000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
387827000
us-gaap Net Income Loss
NetIncomeLoss
423811000
us-gaap Interest Income Operating
InterestIncomeOperating
1143518000
us-gaap Asset Management Fees1
AssetManagementFees1
21068000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1024000
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
165000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-493571000
us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
1894000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-136276000
us-gaap Interest Expense
InterestExpense
242492000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4561000
us-gaap Interest Expense Debt
InterestExpenseDebt
29740000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
75643000
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
2382810000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3586000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
43914000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1024000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7669000
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
800000
us-gaap Depreciation
Depreciation
5687000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
568641000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-48857000
us-gaap Interest Expense Other
InterestExpenseOther
104000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-7566411000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
12246000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
22966000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
12195481000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
27304000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
102947000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
13952000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
245000
us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
183427000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-239000
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
35984000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
18278224000
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
46806000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-239000
nly Payments On Structured Debt Financing
PaymentsOnStructuredDebtFinancing
147000
nly Other Income Loss
OtherIncomeLoss
6278000
nly Dividend Income From Available For Sale Equity Securities
DividendIncomeFromAvailableForSaleEquitySecurities
8636000
nly Open Tax Years
OpenTaxYears
2013, 2012 and 2011
nly Accretion Amortization Of Discounts And Premiums On Loan Purchases
AccretionAmortizationOfDiscountsAndPremiumsOnLoanPurchases
130000
nly Dividends Received
DividendsReceived
8366000
nly Realized And Unrealized Gain Loss On Sale Of Debt Investments Us Treasury Securities
RealizedAndUnrealizedGainLossOnSaleOfDebtInvestmentsUSTreasurySecurities
-121136000
nly Weighted Average Amortization Period
WeightedAverageAmortizationPeriod
P3Y8M12D
nly Proceeds From Repurchase Agreements From Broker Dealer
ProceedsFromRepurchaseAgreementsFromBrokerDealer
895400000000
nly Proceeds From Repurchase Agreements
ProceedsFromRepurchaseAgreements
105819378000
nly Interest Paid Net Interest Rate Derivative
InterestPaidNetInterestRateDerivative
305327000
nly Net Change In Unrealized Gain Loss On Availableforsale Securities And Interest Rate Swaps Net Of Reclassification Adjustment
NetChangeInUnrealizedGainLossOnAvailableforsaleSecuritiesAndInterestRateSwapsNetOfReclassificationAdjustment
-559848000
nly Payments On Repurchase Agreements From Broker Dealer
PaymentsOnRepurchaseAgreementsFromBrokerDealer
900650000000
nly Mortgage Backed Securities Sold Carrying Value
MortgageBackedSecuritiesSoldCarryingValue
16500000000
nly Increase Decrease In Lease Origination Costs
IncreaseDecreaseInLeaseOriginationCosts
-2896000
nly Proceeds From Other Secured Financing
ProceedsFromOtherSecuredFinancing
203200000
nly Proceeds From Direct Purchase And Dividend Reinvestment
ProceedsFromDirectPurchaseAndDividendReinvestment
1144000
nly Payments To Acquire Trading Securities
PaymentsToAcquireTradingSecurities
8130000
nly Amount Of Dilutive Interest On Convertible Debt Net Of Tax
AmountOfDilutiveInterestOnConvertibleDebtNetOfTax
0
nly Increase Decrease In Advisory And Service Fees Receivable
IncreaseDecreaseInAdvisoryAndServiceFeesReceivable
187000
nly Incremental Common Shares Attributable To Stock Options Conversion Of Preferred Stock And Conversion Of Debt Securities
IncrementalCommonSharesAttributableToStockOptionsConversionOfPreferredStockAndConversionOfDebtSecurities
178126 shares
nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
8357000
nly Common Stock Equity Distribution Agreement Date
CommonStockEquityDistributionAgreementDate
March 2012
nly Proceeds From Principal Collection Of Mortgage Backed Securities Categorized As Available For Sale
ProceedsFromPrincipalCollectionOfMortgageBackedSecuritiesCategorizedAsAvailableForSale
5342053000
nly Proceeds From Principal Collection Of Corporate Debt
ProceedsFromPrincipalCollectionOfCorporateDebt
42352000
nly Accretion Amortization Of Discounts And Premiums Commercial Real Estate Investments
AccretionAmortizationOfDiscountsAndPremiumsCommercialRealEstateInvestments
581000
nly Nonoperating Income Expense Pre Derivative Instruments
NonoperatingIncomeExpensePreDerivativeInstruments
-93878000
nly Securities Sold Under Agreements To Repurchase Gross Amounts
SecuritiesSoldUnderAgreementsToRepurchaseGrossAmounts
57459552000
nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
1048732000
nly Amortization Of Loan Origination Fees
AmortizationOfLoanOriginationFees
2383000
nly Gain Loss On Termination Of Interest Rate Swaps
GainLossOnTerminationOfInterestRateSwaps
-226462000
nly Unrealized Gain Loss On Interest Only Mortgage Backed Securities Mbs
UnrealizedGainLossOnInterestOnlyMortgageBackedSecuritiesMBS
-15965000
nly Comprehensive Income Loss Attributable To Common Stock Holders
ComprehensiveIncomeLossAttributableToCommonStockHolders
-172021000
nly Payments To Acquire Corporate Debt
PaymentsToAcquireCorporateDebt
187035000
nly Payments On Reverse Repo
PaymentsOnReverseRepo
26825000000
nly Proceeds From Reverse Repo
ProceedsFromReverseRepo
26925000000
nly Gain Loss On Realized Interest Rate Swaps
GainLossOnRealizedInterestRateSwaps
-302704000
nly Fees Received
FeesReceived
20881000
nly Principal Payments On Repurchase Agreements
PrincipalPaymentsOnRepurchaseAgreements
114471752000
nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
92765000
nly Interest Paid On Repurchase Agreements
InterestPaidOnRepurchaseAgreements
203973000
nly Interest Expense Participation Sold
InterestExpenseParticipationSold
318000
nly Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
-116122000
nly Common Stock Equity Distribution Agreement Description
CommonStockEquityDistributionAgreementDescription
In March 2012, the Company entered into six separate Distribution Agency Agreements ("Distribution Agency Agreements") with each of Merrill Lynch, Pierce, Fenner & Smith Incorporated, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and RCap Securities, Inc. (together, the Agents).
nly Interest Paid Excluding Interest Paid On Interest Rate Swaps
InterestPaidExcludingInterestPaidOnInterestRateSwaps
218272000
nly Interest Received
InterestReceived
1541718000
nly Payments To Acquire Securitized Loans Held For Investment
PaymentsToAcquireSecuritizedLoansHeldForInvestment
2574353000
nly Payment For Commercial Real Estate Debt Investments
PaymentForCommercialRealEstateDebtInvestments
276918000
nly Proceeds From Sales Of Commercial Real Estate Debt Investments
ProceedsFromSalesOfCommercialRealEstateDebtInvestments
41016000
nly Proceeds From Repayments Of Securitized Loans
ProceedsFromRepaymentsOfSecuritizedLoans
50000
nly Principal Payments Received On Commercial Real Estate Investments
PrincipalPaymentsReceivedOnCommercialRealEstateInvestments
1616000
CY2014Q4 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
11 Property
CY2014Q1 nly Advance Rate For Securitization
AdvanceRateForSecuritization
0.653 pure
CY2015Q2 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
12000000
CY2014 us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P141D
CY2014 us-gaap Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
316082000
CY2014 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0
CY2014 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
249854000
CY2014 nly Securities Sold Under Agreements To Repurchase Amounts Offset
SecuritiesSoldUnderAgreementsToRepurchaseAmountsOffset
600000000
CY2014 nly Increase Decrease In Lease Origination Costs
IncreaseDecreaseInLeaseOriginationCosts
-3021000
CY2014 nly Securities For Reverse Repurchase Agreements Amounts Offset
SecuritiesForReverseRepurchaseAgreementsAmountsOffset
600000000
CY2014 nly Accretion Amortization Of Discounts And Premiums On Loan Purchases
AccretionAmortizationOfDiscountsAndPremiumsOnLoanPurchases
1472000
CY2014 nly Securities Sold Under Agreements To Repurchase Gross Amounts
SecuritiesSoldUnderAgreementsToRepurchaseGrossAmounts
71961926000
CY2014 nly Amortization Of Loan Origination Fees
AmortizationOfLoanOriginationFees
4917000
CY2014 nly Securities For Reverse Repurchase Agreements Gross Amounts
SecuritiesForReverseRepurchaseAgreementsGrossAmounts
700000000
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.37
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
947515127 shares
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.37
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
947515127 shares
CY2014Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
175062000
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-353504000
CY2014Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
557855000
CY2014Q2 us-gaap Interest Income Other
InterestIncomeOther
79000
CY2014Q2 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
5893000
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1516223000
CY2014Q2 us-gaap Profit Loss
ProfitLoss
-335512000
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1180711000
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
-5903000
CY2014Q2 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
-856874000
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-336364000
CY2014Q2 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
4687000
CY2014Q2 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
41500000
CY2014Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-818363000
CY2014Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-46508000
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-353504000
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-335512000
CY2014Q2 us-gaap Interest Income Operating
InterestIncomeOperating
683962000
CY2014Q2 us-gaap Asset Management Fees1
AssetManagementFees1
6109000
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1522126000
CY2014Q2 us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
271000
CY2014Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1180711000
CY2014Q2 us-gaap Interest Expense
InterestExpense
126107000
CY2014Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
20319000
CY2014Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
39277000
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-852000
CY2014Q2 us-gaap Depreciation
Depreciation
400000
CY2014Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
12912000
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
52189000
CY2014Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
17992000
CY2014Q2 nly Other Income Loss
OtherIncomeLoss
14844000
CY2014Q2 nly Dividend Income From Available For Sale Equity Securities
DividendIncomeFromAvailableForSaleEquitySecurities
4048000
CY2014Q2 nly Realized And Unrealized Gain Loss On Sale Of Debt Investments Us Treasury Securities
RealizedAndUnrealizedGainLossOnSaleOfDebtInvestmentsUSTreasurySecurities
-46489000
CY2014Q2 nly Mortgage Backed Securities Sold Carrying Value
MortgageBackedSecuritiesSoldCarryingValue
4900000000
CY2014Q2 nly Amount Of Dilutive Interest On Convertible Debt Net Of Tax
AmountOfDilutiveInterestOnConvertibleDebtNetOfTax
0
CY2014Q2 nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
1853000
CY2014Q2 nly Nonoperating Income Expense Pre Derivative Instruments
NonoperatingIncomeExpensePreDerivativeInstruments
-38511000
CY2014Q2 nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
640287000
CY2014Q2 nly Gain Loss On Termination Of Interest Rate Swaps
GainLossOnTerminationOfInterestRateSwaps
-772491000
CY2014Q2 nly Unrealized Gain Loss On Interest Only Mortgage Backed Securities Mbs
UnrealizedGainLossOnInterestOnlyMortgageBackedSecuritiesMBS
2085000
CY2014Q2 nly Comprehensive Income Loss Attributable To Common Stock Holders
ComprehensiveIncomeLossAttributableToCommonStockHolders
1162719000
CY2014Q2 nly Gain Loss On Realized Interest Rate Swaps
GainLossOnRealizedInterestRateSwaps
-220934000
CY2014Q2 nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
43325000
CY2014Q2 nly Interest Paid On Repurchase Agreements
InterestPaidOnRepurchaseAgreements
103773000
CY2014Q2 nly Interest Expense Participation Sold
InterestExpenseParticipationSold
162000
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.93
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
947929762 shares
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.93
CY2015Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
947731493 shares
CY2015Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
700792000
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
882228000
CY2015Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
511274000
CY2015Q2 us-gaap Interest Income Other
InterestIncomeOther
69000
CY2015Q2 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
3833000
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1128964000
CY2015Q2 us-gaap Profit Loss
ProfitLoss
900071000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-228744000
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
-3921000
CY2015Q2 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
440545000
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
892388000
CY2015Q2 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
-22344000
CY2015Q2 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
6300000
CY2015Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
556327000
CY2015Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-114221000
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
882228000
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
900220000
CY2015Q2 us-gaap Interest Income Operating
InterestIncomeOperating
624346000
CY2015Q2 us-gaap Asset Management Fees1
AssetManagementFees1
10604000
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1125043000
CY2015Q2 us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
1355000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-228893000
CY2015Q2 us-gaap Interest Expense
InterestExpense
113072000
CY2015Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
6113000
CY2015Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
37014000
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7683000
CY2015Q2 us-gaap Depreciation
Depreciation
2900000
CY2015Q2 us-gaap Interest Expense Other
InterestExpenseOther
100000
CY2015Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
22966000
CY2015Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
14995000
CY2015Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
52009000
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-149000
CY2015Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
17992000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-149000
CY2015Q2 nly Other Income Loss
OtherIncomeLoss
-7422000
CY2015Q2 nly Dividend Income From Available For Sale Equity Securities
DividendIncomeFromAvailableForSaleEquitySecurities
4318000
CY2015Q2 nly Realized And Unrealized Gain Loss On Sale Of Debt Investments Us Treasury Securities
RealizedAndUnrealizedGainLossOnSaleOfDebtInvestmentsUSTreasurySecurities
-114230000
CY2015Q2 nly Mortgage Backed Securities Sold Carrying Value
MortgageBackedSecuritiesSoldCarryingValue
2000000000
CY2015Q2 nly Amount Of Dilutive Interest On Convertible Debt Net Of Tax
AmountOfDilutiveInterestOnConvertibleDebtNetOfTax
0
CY2015Q2 nly Incremental Common Shares Attributable To Stock Options Conversion Of Preferred Stock And Conversion Of Debt Securities
IncrementalCommonSharesAttributableToStockOptionsConversionOfPreferredStockAndConversionOfDebtSecurities
198269 shares
CY2015Q2 nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
5475000
CY2015Q2 nly Increase Decrease In Depreciation And Amortization
IncreaseDecreaseInDepreciationAndAmortization
1300000
CY2015Q2 nly Nonoperating Income Expense Pre Derivative Instruments
NonoperatingIncomeExpensePreDerivativeInstruments
-115782000
CY2015Q2 nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
570493000
CY2015Q2 nly Unrealized Gain Loss On Interest Only Mortgage Backed Securities Mbs
UnrealizedGainLossOnInterestOnlyMortgageBackedSecuritiesMBS
17581000
CY2015Q2 nly Percentage Of Taxable Income Required To Be Distributed While Operating As Reit
PercentageOfTaxableIncomeRequiredToBeDistributedWhileOperatingAsReit
1.00 pure
CY2015Q2 nly Comprehensive Income Loss Attributable To Common Stock Holders
ComprehensiveIncomeLossAttributableToCommonStockHolders
-246736000
CY2015Q2 nly Gain Loss On Realized Interest Rate Swaps
GainLossOnRealizedInterestRateSwaps
-144465000
CY2015Q2 nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
52429000
CY2015Q2 nly Interest Paid On Repurchase Agreements
InterestPaidOnRepurchaseAgreements
101225000
CY2015Q2 nly Interest Expense Participation Sold
InterestExpenseParticipationSold
159000

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