2014 Q4 Form 10-K Financial Statement

#000115752316004749 Filed on February 26, 2016

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2014 Q2
Revenue -$465.5M $535.6M -$158.1M
YoY Change -138.02% 34.84% -108.36%
Cost Of Revenue $134.5M $127.1M $126.1M
YoY Change -2.11% -12.65% -23.25%
Gross Profit -$600.0M $408.6M -$284.2M
YoY Change -155.21% 62.27% -116.45%
Gross Profit Margin 76.29%
Selling, General & Admin $58.50M $51.30M $52.20M
YoY Change 3.91% -12.61% -19.82%
% of Gross Profit 12.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.000M $400.0K $400.0K
YoY Change -80.0% -60.0%
% of Gross Profit 0.1%
Operating Expenses $58.50M $51.30M $52.20M
YoY Change 3.91% -12.61% -19.82%
Operating Profit -$658.5M $357.3M -$336.4M
YoY Change -163.9% 85.03% -120.24%
Interest Expense $134.5M $127.1M $126.1M
YoY Change -2.1% -12.65% -23.22%
% of Operating Profit 35.56%
Other Income/Expense, Net $18.33M -$9.887M $14.92M
YoY Change -95.95% -96.7% -98.71%
Pretax Income -$658.5M $357.2M -$335.1M
YoY Change -163.9% 85.08% -120.45%
Income Tax -$209.0K $2.385M -$852.0K
% Of Pretax Income 0.67%
Net Earnings -$658.3M $354.9M -$334.3M
YoY Change -163.99% 84.38% -120.4%
Net Earnings / Revenue 66.25%
Basic Earnings Per Share -$0.71 $0.36 -$0.37
Diluted Earnings Per Share -$0.71 $0.35 -$0.37
COMMON SHARES
Basic Shares Outstanding 947.6M shares 947.6M shares 947.5M shares
Diluted Shares Outstanding 987.3M shares 947.5M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.741B $1.179B $1.321B
YoY Change 215.4% 4.99% 81.96%
Cash & Equivalents $1.741B $1.179B $1.321B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.020B $864.0M $863.0M
Other Receivables $279.0M $287.0M $284.0M
Total Short-Term Assets $3.040B $2.330B $2.468B
YoY Change 50.05% -3.92% -4.19%
LONG-TERM ASSETS
Property, Plant & Equipment $210.0M $74.00M $74.00M
YoY Change 250.0%
Goodwill $94.78M $94.78M $94.78M
YoY Change 0.0% -8.2% 32.75%
Intangibles $37.84M
YoY Change
Long-Term Investments $84.86B $84.63B $84.29B
YoY Change 7.42% -6.38% -15.37%
Other Assets
YoY Change
Total Long-Term Assets $85.32B $85.06B $84.68B
YoY Change 6.78% -6.54% -15.23%
TOTAL ASSETS
Total Short-Term Assets $3.040B $2.330B $2.468B
Total Long-Term Assets $85.32B $85.06B $84.68B
Total Assets $88.36B $87.39B $87.15B
YoY Change 7.85% -6.47% -14.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $181.0M $180.0M $158.0M
YoY Change 12.42% 10.43% -3.66%
Deferred Revenue
YoY Change
Short-Term Debt $71.36B $69.61B $70.37B
YoY Change 15.51% 0.56% -15.92%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $72.09B $72.23B $71.60B
YoY Change 14.45% -0.05% -17.79%
LONG-TERM LIABILITIES
Long-Term Debt $1.266B $1.154B $1.136B
YoY Change -62.61% -72.15% 34.6%
Other Long-Term Liabilities $1.664B $894.0M $970.0M
YoY Change -47.02% -78.08% -23.68%
Total Long-Term Liabilities $2.930B $2.048B $2.106B
YoY Change -55.11% -75.09% -0.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $72.09B $72.23B $71.60B
Total Long-Term Liabilities $2.930B $2.048B $2.106B
Total Liabilities $75.02B $74.28B $73.70B
YoY Change 7.92% -7.72% -17.38%
SHAREHOLDERS EQUITY
Retained Earnings -$2.585B -$1.625B -$1.678B
YoY Change 383.89% 26.79% 49.17%
Common Stock $9.476M $9.476M $9.475M
YoY Change 0.02% 0.03% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.33B $13.11B $13.45B
YoY Change
Total Liabilities & Shareholders Equity $88.36B $87.39B $87.15B
YoY Change 7.85% -6.47% -14.95%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2014 Q2
OPERATING ACTIVITIES
Net Income -$658.3M $354.9M -$334.3M
YoY Change -163.99% 84.38% -120.4%
Depreciation, Depletion And Amortization $3.000M $400.0K $400.0K
YoY Change -80.0% -60.0%
Cash From Operating Activities $1.329B -$1.078B $1.577B
YoY Change -122.15% -232.92% -141.27%
INVESTING ACTIVITIES
Capital Expenditures -$40.00M -$35.00M -$46.00M
YoY Change -90.5% -89.52% -80.0%
Acquisitions
YoY Change
Other Investing Activities -$1.334B $427.0M -$5.176B
YoY Change -121.16% -96.71% -142.74%
Cash From Investing Activities -$1.374B $392.0M -$5.222B
YoY Change -123.36% -96.9% -143.96%
FINANCING ACTIVITIES
Cash Dividend Paid $284.3M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 607.0M 544.0M 4.041B
YoY Change -234.0% -104.17% -143.94%
NET CHANGE
Cash From Operating Activities 1.329B -1.078B 1.577B
Cash From Investing Activities -1.374B 392.0M -5.222B
Cash From Financing Activities 607.0M 544.0M 4.041B
Net Change In Cash 562.0M -142.0M 396.0M
YoY Change -198.42% -135.77% -134.83%
FREE CASH FLOW
Cash From Operating Activities $1.329B -$1.078B $1.577B
Capital Expenditures -$40.00M -$35.00M -$46.00M
Free Cash Flow $1.369B -$1.043B $1.623B
YoY Change -124.53% -191.09% -145.2%

Facts In Submission

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CY2015Q4 nly Securitized Debt Of Consolidated Vie
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CY2015Q4 nly Common Stock Equity Distribution Agreement Shares Authorized For Distribution
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CY2015Q4 nly Loan Principal Net Of Allowance For Loan Losses
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CY2015Q4 nly Repurchase Agreements Weighted Average Borrowing Rates
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57700000
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CY2013 us-gaap Dividend Payable Date To Be Paid Day Month And Year
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CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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3909000
CY2013 us-gaap Income Taxes Paid Net
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CY2013 us-gaap Interest Income Expense Net
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2204000
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2002200000
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CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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424086000
CY2013 us-gaap Income Tax Expense Benefit
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8213000
CY2013 us-gaap Employee Benefits And Share Based Compensation
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167366000
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1420856000
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16209000
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CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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2204000
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56800000000
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238000
CY2013 nly Proceeds From Direct Purchase And Dividend Reinvestment
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2855000
CY2013 nly Proceeds From Repurchase Agreements From Broker Dealer
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1453216892000
CY2013 nly Comprehensive Income Loss Attributable To Common Stock Holders
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CY2013 nly Interest Paid On Repurchase Agreements
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530170000
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CY2013 nly Net Change In Unrealized Gain Loss On Availableforsale Securities And Interest Rate Swaps Net Of Reclassification Adjustment
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CY2013 nly Payments On Debt Investments
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141019615000
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200000
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18575000
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404583138000
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484117193000
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656648000
CY2013 nly Interest Expense Participation Sold
InterestExpenseParticipationSold
467000
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ProceedsFromCorporateDebtCalled
24252000
CY2013 nly Stockholders Equity Change By Disposal Of Subsidiary
StockholdersEquityChangeByDisposalOfSubsidiary
20923000
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244730000
CY2013 nly Proceeds From Securities Loaned
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484836546000
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InterestIncomeSecuritiesLoaned
8788000
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FeesReceived
54534000
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ProceedsFromDebtInvestments
142054631000
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67056000
CY2013 nly Proceeds From Principal Collection Of Mortgage Backed Securities Categorized As Available For Sale
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21748131000
CY2013 nly Proceeds From Repurchase Agreements
ProceedsFromRepurchaseAgreements
381641327000
CY2013 nly Payments On Securities Borrowed
PaymentsOnSecuritiesBorrowed
263577019000
CY2013 nly Gain Loss On Termination Of Interest Rate Swaps
GainLossOnTerminationOfInterestRateSwaps
-101862000
CY2013 nly Other Income Loss
OtherIncomeLoss
78134000
CY2013 nly Increase Decrease In Advisory And Service Fees Receivable
IncreaseDecreaseInAdvisoryAndServiceFeesReceivable
-10891000
CY2013 nly Incremental Common Shares Attributable To Stock Options Conversion Of Preferred Stock And Conversion Of Debt Securities
IncrementalCommonSharesAttributableToStockOptionsConversionOfPreferredStockAndConversionOfDebtSecurities
48219111 shares
CY2013 nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
81445000
CY2013 nly Agency Debentures Called
AgencyDebenturesCalled
2147205000
CY2013 nly Interest Expense Securities Borrowed
InterestExpenseSecuritiesBorrowed
6785000
CY2013 nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
2788354000
CY2013 nly Payments On Repurchase Agreements From Broker Dealer
PaymentsOnRepurchaseAgreementsFromBrokerDealer
1471279777000
CY2013 nly Loss On Previously Held Equity Interest In Affiliates
LossOnPreviouslyHeldEquityInterestInAffiliates
18896000
CY2013 nly Proceeds From Sale Of Real Estate Heldforsale
ProceedsFromSaleOfRealEstateHeldforsale
20192000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
305750 shares
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.20
CY2014 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
210000 shares
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2300000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1016667 shares
CY2014 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
5486000
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
947539294 shares
CY2014 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-01-29
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
6128468000
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
15.07
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2014 us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P141D
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.96
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y1M6D
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
17.34
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
947539294 shares
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.96
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y1M6D
CY2014 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
94500000
CY2014 us-gaap Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
316082000
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-914051000
CY2014 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-2553448000
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2111733000
CY2014 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
47000
CY2014 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
-12488000
CY2014 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
190743000
CY2014 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-664379000
CY2014 us-gaap Interest Income Operating
InterestIncomeOperating
2632398000
CY2014 us-gaap Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
190743000
CY2014 us-gaap Payments For Securities Purchased Under Agreements To Resell
PaymentsForSecuritiesPurchasedUnderAgreementsToResell
107898578000
CY2014 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
93716000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-836954000
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1072000
CY2014 nly Proceeds From Securities Loaned
ProceedsFromSecuritiesLoaned
41939298000
CY2014 us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
1335000
CY2014 us-gaap Increase Decrease In Broker Dealer Related Receivables Payables Net
IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet
-8596000
CY2014 us-gaap Net Realized Or Unrealized Gain Loss On Trading Securities
NetRealizedOrUnrealizedGainLossOnTradingSecurities
-245495000
CY2014 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
2370000
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
8314000
CY2014 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2111537000
CY2014 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
2119739000
CY2014 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2748000
CY2014 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-914051000
CY2014 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
17308000
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
1208984000
CY2014 us-gaap Profit Loss
ProfitLoss
-842279000
CY2014 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6382000
CY2014 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
246833000
CY2014 us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
21376000
CY2014 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
-2791399000
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2657000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2953816000
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-842083000
CY2014 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
94476000
CY2014 us-gaap Interest Income Securities Us Treasury
InterestIncomeSecuritiesUSTreasury
1329000
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
3048291000
CY2014 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-948755000
CY2014 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
38626689000
CY2014 us-gaap Asset Management Fees1
AssetManagementFees1
31343000
CY2014 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-251123000
CY2014 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
4917000
CY2014 us-gaap Interest Expense
InterestExpense
512659000
CY2014 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
53778000
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
3000000
CY2014 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
3307238000
CY2014 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
249854000
CY2014 us-gaap Depreciation
Depreciation
3205000
CY2014 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
37341000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
2863217000
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1390000
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
94475000
CY2014 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0
CY2014 us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
260700000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5325000
CY2014 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1072000
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-196000
CY2014 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9951000
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
209338000
CY2014 us-gaap Proceeds From Dividends Received
ProceedsFromDividendsReceived
25189000
CY2014 us-gaap Proceeds From Securities Purchased Under Agreements To Resell
ProceedsFromSecuritiesPurchasedUnderAgreementsToResell
107898578000
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
987000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1188808000
CY2014 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
34889000
CY2014 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
5486000
CY2014 us-gaap Interest Expense Debt
InterestExpenseDebt
87293000
CY2014 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
196000
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
127325000
CY2014 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
71968000
CY2014 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
22654547000
CY2014 us-gaap Investment Sold Not Yet Purchased Sale Proceeds
InvestmentSoldNotYetPurchasedSaleProceeds
23888955000
CY2014 us-gaap Labor And Related Expense
LaborAndRelatedExpense
155560000
CY2014 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
1076000
CY2014 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1137079000
CY2014 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
316082000
CY2014 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-196000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-7802877000
CY2014 nly Mortgage Backed Securities Sold Carrying Value
MortgageBackedSecuritiesSoldCarryingValue
22500000000
CY2014 nly Interest Paid Net Interest Rate Derivative
InterestPaidNetInterestRateDerivative
812108000
CY2014 nly Accretion Amortization Of Discounts And Premiums Commercial Real Estate Investments
AccretionAmortizationOfDiscountsAndPremiumsCommercialRealEstateInvestments
-616000
CY2014 nly Proceeds From Direct Purchase And Dividend Reinvestment
ProceedsFromDirectPurchaseAndDividendReinvestment
2370000
CY2014 nly Proceeds From Repurchase Agreements From Broker Dealer
ProceedsFromRepurchaseAgreementsFromBrokerDealer
881680774000
CY2014 nly Comprehensive Income Loss Attributable To Common Stock Holders
ComprehensiveIncomeLossAttributableToCommonStockHolders
2039765000
CY2014 nly Interest Paid On Repurchase Agreements
InterestPaidOnRepurchaseAgreements
417194000
CY2014 nly Nonoperating Income Expense Pre Derivative Instruments
NonoperatingIncomeExpensePreDerivativeInstruments
-237951000
CY2014 nly Increase Decrease In Lease Origination Costs
IncreaseDecreaseInLeaseOriginationCosts
3021000
CY2014 nly Net Change In Unrealized Gain Loss On Availableforsale Securities And Interest Rate Swaps Net Of Reclassification Adjustment
NetChangeInUnrealizedGainLossOnAvailableforsaleSecuritiesAndInterestRateSwapsNetOfReclassificationAdjustment
2953816000
CY2014 nly Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
-134284000
CY2014 nly Payments On Debt Investments
PaymentsOnDebtInvestments
3920425000
CY2014 nly Payments On Structured Debt Financing
PaymentsOnStructuredDebtFinancing
309000
CY2014 nly Dividend Income From Available For Sale Equity Securities
DividendIncomeFromAvailableForSaleEquitySecurities
25189000
CY2014 nly Gain Loss On Realized Interest Rate Swaps
GainLossOnRealizedInterestRateSwaps
-825360000
CY2014 nly Principal Payments On Repurchase Agreements
PrincipalPaymentsOnRepurchaseAgreements
191687319000
CY2014 nly Payments On Securities Loaned
PaymentsOnSecuritiesLoaned
44466966000
CY2014 nly Interest Paid Excluding Interest Paid On Interest Rate Swaps
InterestPaidExcludingInterestPaidOnInterestRateSwaps
496033000
CY2014 nly Accretion Amortization Of Discounts And Premiums On Loan Purchases
AccretionAmortizationOfDiscountsAndPremiumsOnLoanPurchases
1472000
CY2014 nly Securities For Reverse Repurchase Agreements Amounts Offset
SecuritiesForReverseRepurchaseAgreementsAmountsOffset
600000000
CY2014 nly Securities For Reverse Repurchase Agreements Gross Amounts
SecuritiesForReverseRepurchaseAgreementsGrossAmounts
700000000
CY2014 nly Interest Expense Participation Sold
InterestExpenseParticipationSold
651000
CY2014 nly Securities Sold Under Agreements To Repurchase Amounts Offset
SecuritiesSoldUnderAgreementsToRepurchaseAmountsOffset
600000000
CY2014 nly Unrealized Gain Loss On Interest Only Mortgage Backed Securities Mbs
UnrealizedGainLossOnInterestOnlyMortgageBackedSecuritiesMBS
-86172000
CY2014 nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
6350000
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1200000 shares
CY2014 nly Interest Income Securities Loaned
InterestIncomeSecuritiesLoaned
114000
CY2014 nly Weighted Average Amortization Period
WeightedAverageAmortizationPeriod
P4Y6M
CY2014 nly Fees Received
FeesReceived
27780000
CY2014 nly Proceeds From Debt Investments
ProceedsFromDebtInvestments
3159253000
CY2015 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
221000 shares
CY2015 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2015 us-gaap Sec Schedule Iii Real Estate Number Of Units
SECScheduleIIIRealEstateNumberOfUnits
31 Property
CY2014 nly Proceeds From Principal Collection Of Mortgage Backed Securities Categorized As Available For Sale
ProceedsFromPrincipalCollectionOfMortgageBackedSecuritiesCategorizedAsAvailableForSale
8312784000
CY2014 nly Proceeds From Repurchase Agreements
ProceedsFromRepurchaseAgreements
195370377000
CY2014 nly Payments On Securities Borrowed
PaymentsOnSecuritiesBorrowed
21306062000
CY2014 nly Gain Loss On Termination Of Interest Rate Swaps
GainLossOnTerminationOfInterestRateSwaps
-779333000
CY2014 nly Other Income Loss
OtherIncomeLoss
44044000
CY2014 nly Securities Sold Under Agreements To Repurchase Gross Amounts
SecuritiesSoldUnderAgreementsToRepurchaseGrossAmounts
71961926000
CY2014 nly Increase Decrease In Advisory And Service Fees Receivable
IncreaseDecreaseInAdvisoryAndServiceFeesReceivable
3563000
CY2014 nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
161837000
CY2014 nly Interest Expense Securities Borrowed
InterestExpenseSecuritiesBorrowed
95000
CY2014 nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
2467783000
CY2014 nly Amortization Of Loan Origination Fees
AmortizationOfLoanOriginationFees
4917000
CY2014 nly Payments On Repurchase Agreements From Broker Dealer
PaymentsOnRepurchaseAgreementsFromBrokerDealer
875782907000
CY2014 nly Proceeds From Sale Of Real Estate Heldforsale
ProceedsFromSaleOfRealEstateHeldforsale
26019000
CY2015 dei Document Type
DocumentType
10-K
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
294750 shares
CY2015 dei Trading Symbol
TradingSymbol
NLY
CY2015 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015 dei Entity Central Index Key
EntityCentralIndexKey
0001043219
CY2015 dei Document Period End Date
DocumentPeriodEndDate
2015-12-31
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.20
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
795810 shares
CY2015 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
5467000
CY2015 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
947062099 shares
CY2015 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2016-01-29
CY2015 us-gaap Real Estate Accumulated Depreciation Period Increase Decrease
RealEstateAccumulatedDepreciationPeriodIncreaseDecrease
12662000
CY2015 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); TEXT-ALIGN: left; FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"> <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'; DISPLAY: inline"><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>amounts of repurchase agreements and reverse repurchase agreements as presented in the Consolidated Statements of Financial Condition as of December 31, 2015 and 2014. Refer to &#x201C;Derivative Instruments&#x201D; footnote for information related to the effect of netting arrangements on the Company&#x2019;s derivative instruments.</div> </div> </div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); TEXT-ALIGN: left; FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> &#xA0;</div> <div style="WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); TEXT-ALIGN: left; FONT: 13px 'Times New Roman'; WIDOWS: 1; LETTER-SPACING: normal; BACKGROUND-COLOR: rgb(255,255,255); TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <div align="center"> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'times new roman'" cellspacing="0" cellpadding="0" width="90%"> <tr> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="52%"> <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="22%" 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, 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'; 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="22%" 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'; DISPLAY: inline">&#xA0;</font></td> </tr> <tr> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="52%"> <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="10%" 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; 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CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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1156000
CY2015 us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
3264000
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MortgageLoansOnRealEstateCostOfMortgagesSold
46945000
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NetRealizedOrUnrealizedGainLossOnTradingSecurities
29623000
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1699101000
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649000
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394588000
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1209250000
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465747000
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IncomeLossFromEquityMethodInvestments
-2782000
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2608000
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-1021351000
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24339000
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-12450000
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857541000
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-531952000
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-124869000
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29646000
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4263000
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471596000
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22966000
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OtherGeneralAndAdministrativeExpense
49954000
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2900000
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2965887000
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12661000
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12246000
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-8473882000
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50527000
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EmployeeBenefitsAndShareBasedCompensation
1156000
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5419000
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200240000
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2028000
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227450000
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809000
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192375000
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71968000
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28395000
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150286000
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CY2015 us-gaap Equity Method Investment Dividends Or Distributions
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1384000
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1133768000
CY2015 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
444998000
CY2015 us-gaap Interest Expense Other
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CY2015 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-809000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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11668915000
CY2015 nly Mortgage Backed Securities Sold Carrying Value
MortgageBackedSecuritiesSoldCarryingValue
23900000000
CY2015 nly Interest Paid Net Interest Rate Derivative
InterestPaidNetInterestRateDerivative
612111000
CY2015 nly Accretion Amortization Of Discounts And Premiums Commercial Real Estate Investments
AccretionAmortizationOfDiscountsAndPremiumsCommercialRealEstateInvestments
1321000
CY2015 nly Proceeds From Direct Purchase And Dividend Reinvestment
ProceedsFromDirectPurchaseAndDividendReinvestment
2246000
CY2015 nly Proceeds From Other Secured Financing
ProceedsFromOtherSecuredFinancing
2554913000
CY2015 nly Proceeds From Repurchase Agreements From Broker Dealer
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CY2015 nly Comprehensive Income Loss Attributable To Common Stock Holders
ComprehensiveIncomeLossAttributableToCommonStockHolders
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CY2015 nly Interest Paid On Repurchase Agreements
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420325000
CY2015 nly Nonoperating Income Expense Pre Derivative Instruments
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CY2015 nly Increase Decrease In Lease Origination Costs
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8787000
CY2015Q1 us-gaap Nonoperating Gains Losses
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CY2015 nly Net Change In Unrealized Gain Loss On Availableforsale Securities And Interest Rate Swaps Net Of Reclassification Adjustment
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-582479000
CY2015 nly Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
55214000
CY2015 nly Open Tax Years
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2012
CY2015 nly Payments On Structured Debt Financing
PaymentsOnStructuredDebtFinancing
296000
CY2015 nly Dividend Income From Available For Sale Equity Securities
DividendIncomeFromAvailableForSaleEquitySecurities
8636000
CY2015 nly Gain Loss On Realized Interest Rate Swaps
GainLossOnRealizedInterestRateSwaps
-624495000
CY2015 nly Principal Payments On Repurchase Agreements
PrincipalPaymentsOnRepurchaseAgreements
212904214000
CY2015 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).
CY2015 nly Interest Paid Excluding Interest Paid On Interest Rate Swaps
InterestPaidExcludingInterestPaidOnInterestRateSwaps
427632000
CY2015 nly Accretion Amortization Of Discounts And Premiums On Loan Purchases
AccretionAmortizationOfDiscountsAndPremiumsOnLoanPurchases
-143000
CY2015 nly Payments To Acquire Trading Securities
PaymentsToAcquireTradingSecurities
102198000
CY2015 nly Payments To Acquire Securitized Loans Held For Investment
PaymentsToAcquireSecuritizedLoansHeldForInvestment
2574353000
CY2015 nly Interest Expense Participation Sold
InterestExpenseParticipationSold
639000
CY2015 nly New Accounting Pronouncement Or Change In Accounting Principle Date Of Adoption
NewAccountingPronouncementOrChangeInAccountingPrincipleDateOfAdoption
January 1, 2018 (early adoption permitted for a provision related presentation of instrument-specific credit risk of liabilities accounted for under the fair value option)
CY2015 nly Unrealized Gain Loss On Interest Only Mortgage Backed Securities Mbs
UnrealizedGainLossOnInterestOnlyMortgageBackedSecuritiesMBS
-103169000
CY2015 nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
20065000
CY2015 nly Weighted Average Amortization Period
WeightedAverageAmortizationPeriod
P7Y10M24D
CY2015 nly Fees Received
FeesReceived
35250000
CY2015 nly Proceeds From Principal Collection Of Mortgage Backed Securities Categorized As Available For Sale
ProceedsFromPrincipalCollectionOfMortgageBackedSecuritiesCategorizedAsAvailableForSale
9926030000
CY2015 nly Proceeds From Repurchase Agreements
ProceedsFromRepurchaseAgreements
202273148000
CY2015 nly Mortgage Loans On Real Estate Transfers At Cost
MortgageLoansOnRealEstateTransfersAtCost
18500000
CY2015 nly Gain Loss On Termination Of Interest Rate Swaps
GainLossOnTerminationOfInterestRateSwaps
-226462000
CY2015 nly Other Income Loss
OtherIncomeLoss
-13717000
CY2015 nly Securities Sold Under Agreements To Repurchase Gross Amounts
SecuritiesSoldUnderAgreementsToRepurchaseGrossAmounts
56230860000
CY2015 nly Increase Decrease In Advisory And Service Fees Receivable
IncreaseDecreaseInAdvisoryAndServiceFeesReceivable
-10402000
CY2015 nly Loans Reclassified From Held For Investment To Held For Sale
LoansReclassifiedFromHeldForInvestmentToHeldForSale
18500000
CY2015 nly Incremental Common Shares Attributable To Stock Options Conversion Of Preferred Stock And Conversion Of Debt Securities
IncrementalCommonSharesAttributableToStockOptionsConversionOfPreferredStockAndConversionOfDebtSecurities
214643 shares
CY2015 nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
203804000
CY2015 nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
1963629000
CY2015 nly Amortization Of Loan Origination Fees
AmortizationOfLoanOriginationFees
4146000
CY2015 nly Payments On Repurchase Agreements From Broker Dealer
PaymentsOnRepurchaseAgreementsFromBrokerDealer
2034322000000
CY2015 nly Percentage Of Taxable Income Required To Be Distributed While Operating As Reit
PercentageOfTaxableIncomeRequiredToBeDistributedWhileOperatingAsReit
1.00 pure
CY2015 nly Principal Payments Received On Commercial Real Estate Investments
PrincipalPaymentsReceivedOnCommercialRealEstateInvestments
10820000
CY2015 nly Common Stock Equity Distribution Agreement Commencement Date
CommonStockEquityDistributionAgreementCommencementDate
2012-03
CY2015 nly Principal Payments On Securitized Loans
PrincipalPaymentsOnSecuritizedLoans
78000
CY2015 nly Real Estate Acquisitions And Improvements
RealEstateAcquisitionsAndImprovements
274027000
CY2015 nly Real Estate Purchase Price Allocation Adjustment
RealEstatePurchasePriceAllocationAdjustment
1187000
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
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EarningsPerShareDiluted
-0.23
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NetIncomeLossAvailableToCommonStockholdersBasic
-232419000
CY2014Q1 us-gaap Interest Income Operating
InterestIncomeOperating
655848000
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-210426000
CY2014Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
530877000
CY2014Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
20681000
CY2014Q1 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
-703530000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-214427000
CY2014Q1 us-gaap Interest Expense
InterestExpense
124971000
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4001000
CY2014Q1 us-gaap Noninterest Expense
NoninterestExpense
58454000
CY2014Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
17992000
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.52
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.52
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-494401000
CY2015Q1 us-gaap Interest Income Operating
InterestIncomeOperating
519114000
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-476485000
CY2015Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
389694000
CY2015Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
13758000
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NetIncomeLoss
-476499000
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InterestExpense
129420000
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14000
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NetIncomeLossAttributableToNoncontrollingInterest
-90000
CY2015Q1 us-gaap Noninterest Expense
NoninterestExpense
50938000
CY2015Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
17992000
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.37
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EarningsPerShareDiluted
-0.37
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NetIncomeLossAvailableToCommonStockholdersBasic
-352253000
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InterestIncomeOperating
683883000
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-335113000
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InterestIncomeExpenseNet
557776000
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NonoperatingIncomeExpense
14923000
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NonoperatingGainsLosses
-856874000
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NetIncomeLoss
-334261000
CY2014Q2 us-gaap Interest Expense
InterestExpense
126107000
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-852000
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NoninterestExpense
50938000
CY2014Q2 us-gaap Preferred Stock Dividends And Other Adjustments
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17992000
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.93
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.93
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
882228000
CY2015Q2 us-gaap Interest Income Operating
InterestIncomeOperating
624277000
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 Interest Income Expense Net
InterestIncomeExpenseNet
511205000
CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-7353000
CY2015Q2 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
440545000
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
900071000
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InterestExpense
113072000
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7683000
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-149000
CY2015Q2 us-gaap Noninterest Expense
NoninterestExpense
52009000
CY2015Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
17992000
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
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NetIncomeLossAvailableToCommonStockholdersBasic
336864000
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InterestIncomeOperating
644579000
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
357241000
CY2014Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
517510000
CY2014Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-9887000
CY2014Q3 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
-99065000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
354856000
CY2014Q3 us-gaap Interest Expense
InterestExpense
127069000
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2385000
CY2014Q3 us-gaap Noninterest Expense
NoninterestExpense
51317000
CY2014Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
17992000
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.68
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.68
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-645286000
CY2015Q3 us-gaap Interest Income Operating
InterestIncomeOperating
450726000
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-627861000
CY2015Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
340429000
CY2015Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-9675000
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NonoperatingGainsLosses
-909158000
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NetIncomeLoss
-627491000
CY2015Q3 us-gaap Interest Expense
InterestExpense
110297000
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-370000
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-197000
CY2015Q3 us-gaap Noninterest Expense
NoninterestExpense
49457000
CY2015Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
17992000
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.71
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EarningsPerShareDiluted
-0.71
CY2014Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-676068000
CY2014Q4 us-gaap Interest Income Operating
InterestIncomeOperating
648088000
CY2014Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-658481000
CY2014Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
513576000
CY2014Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
18327000
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NonoperatingGainsLosses
-1131930000
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
-658272000
CY2014Q4 us-gaap Interest Expense
InterestExpense
134512000
CY2014Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-209000
CY2014Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-196000
CY2014Q4 us-gaap Noninterest Expense
NoninterestExpense
58454000
CY2014Q4 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
17992000
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2015Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
652047000
CY2015Q4 us-gaap Interest Income Operating
InterestIncomeOperating
576580000
CY2015Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
675751000
CY2015Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
457773000
CY2015Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-10447000
CY2015Q4 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
276261000
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
669666000
CY2015Q4 us-gaap Interest Expense
InterestExpense
118807000
CY2015Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6085000
CY2015Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-373000
CY2015Q4 us-gaap Noninterest Expense
NoninterestExpense
47836000
CY2015Q4 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
17992000

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