2017 Q2 Form 10-Q Financial Statement

#000115752317002292 Filed on August 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $290.5M -$76.60M
YoY Change -479.24% -107.09%
Cost Of Revenue $222.3M $152.8M
YoY Change 45.48% 35.1%
Gross Profit $68.20M -$229.4M
YoY Change -129.73% -123.71%
Gross Profit Margin 23.48%
Selling, General & Admin $54.00M $49.20M
YoY Change 9.76% -5.38%
% of Gross Profit 79.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.000M $12.00M
YoY Change -33.33% 313.79%
% of Gross Profit 11.73%
Operating Expenses $54.00M $49.20M
YoY Change 9.76% -5.2%
Operating Profit $14.20M -$278.6M
YoY Change -105.1% -130.43%
Interest Expense $222.3M $152.8M
YoY Change 45.51% 35.1%
% of Operating Profit 1565.36%
Other Income/Expense, Net $30.87M -$9.930M
YoY Change -410.83% 35.05%
Pretax Income $14.19M -$278.6M
YoY Change -105.09% -131.22%
Income Tax -$329.0K -$76.00K
% Of Pretax Income -2.32%
Net Earnings $14.62M -$278.1M
YoY Change -105.26% -130.9%
Net Earnings / Revenue 5.03%
Basic Earnings Per Share -$0.01 -$0.32
Diluted Earnings Per Share -$0.01 -$0.32
COMMON SHARES
Basic Shares Outstanding 1.019B shares 924.9M shares
Diluted Shares Outstanding 1.019B shares 924.9M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $701.0M $2.735B
YoY Change -74.37% 53.22%
Cash & Equivalents $700.7M $2.735B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $10.00M $698.0M
Other Receivables $263.0M $227.0M
Total Short-Term Assets $974.0M $3.660B
YoY Change -73.39% 60.74%
LONG-TERM ASSETS
Property, Plant & Equipment $475.0M $505.0M
YoY Change -5.94% 132.72%
Goodwill $71.82M $71.82M
YoY Change 0.0% 0.0%
Intangibles $28.72M $43.31M
YoY Change -33.69%
Long-Term Investments $82.08B $72.75B
YoY Change 12.83% -0.11%
Other Assets
YoY Change
Total Long-Term Assets $84.00B $74.06B
YoY Change 13.43% 1.08%
TOTAL ASSETS
Total Short-Term Assets $974.0M $3.660B
Total Long-Term Assets $84.00B $74.06B
Total Assets $84.98B $77.72B
YoY Change 9.34% 2.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $186.0M $159.0M
YoY Change 16.98% 20.45%
Deferred Revenue
YoY Change
Short-Term Debt $62.50B $53.87B
YoY Change 16.02% -6.25%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $64.03B $55.05B
YoY Change 16.31% -5.98%
LONG-TERM LIABILITIES
Long-Term Debt $7.536B $7.677B
YoY Change -1.84% 158.14%
Other Long-Term Liabilities $799.0M $3.426B
YoY Change -76.68% 140.08%
Total Long-Term Liabilities $8.335B $11.10B
YoY Change -24.93% 152.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $64.03B $55.05B
Total Long-Term Liabilities $8.335B $11.10B
Total Liabilities $72.37B $66.15B
YoY Change 9.39% 5.09%
SHAREHOLDERS EQUITY
Retained Earnings -$3.339B -$5.062B
YoY Change -34.03% 82.98%
Common Stock $10.19M $9.249M
YoY Change 10.17% -2.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.60B $11.55B
YoY Change
Total Liabilities & Shareholders Equity $84.98B $77.72B
YoY Change 9.34% 2.87%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $14.62M -$278.1M
YoY Change -105.26% -130.9%
Depreciation, Depletion And Amortization $8.000M $12.00M
YoY Change -33.33% 313.79%
Cash From Operating Activities $335.0M $1.999B
YoY Change -83.24% 337.42%
INVESTING ACTIVITIES
Capital Expenditures -$29.00M -$10.00M
YoY Change 190.0% -91.6%
Acquisitions
YoY Change
Other Investing Activities $288.0M $731.0M
YoY Change -60.6% -69.14%
Cash From Investing Activities $259.0M $721.0M
YoY Change -64.08% -67.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -712.0M -2.402B
YoY Change -70.36% -15.48%
NET CHANGE
Cash From Operating Activities 335.0M 1.999B
Cash From Investing Activities 259.0M 721.0M
Cash From Financing Activities -712.0M -2.402B
Net Change In Cash -118.0M 318.0M
YoY Change -137.11% -333.82%
FREE CASH FLOW
Cash From Operating Activities $335.0M $1.999B
Capital Expenditures -$29.00M -$10.00M
Free Cash Flow $364.0M $2.009B
YoY Change -81.88% 248.78%

Facts In Submission

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<div> <div style="FONT-SIZE: 13px; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; TEXT-ALIGN: justify"> 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 style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif">amounts of repurchase agreements and reverse repurchase agreements as presented in the Consolidated Statements of Financial Condition as of&#xA0;</font>June 30, 2017 and December 31, 2016<font style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif">.&#xA0;</font>Refer to the &#x201C;Derivative Instruments&#x201D; Note for information related to the effect of netting arrangements on the Company&#x2019;s derivative instruments.</div> </div> <div style="FONT-SIZE: 13px; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial"> &#xA0;</div> <div style="FONT-SIZE: 13px; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial"> <table id="zc4d272c515ec4099a58929ed8ba0e45d" style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; WIDTH: 1792px" cellspacing="0" cellpadding="0" align="center" border="0"> <tr> <td style="WIDTH: 574px; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom" valign="bottom"> &#xA0;</td> <td style="VERTICAL-ALIGN: top; BORDER-BOTTOM: rgb(0,0,0) 2px solid" valign="bottom" colspan="6"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center"> June 30, 2017</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid" valign="bottom">&#xA0;</td> <td style="VERTICAL-ALIGN: top; BORDER-BOTTOM: rgb(0,0,0) 2px solid" valign="bottom" colspan="6"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center"> December 31, 2016</div> </td> <td style="WIDTH: 17px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#xA0;</td> </tr> <tr> <td style="WIDTH: 574px; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; TEXT-ALIGN: center"> &#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: center"> &#xA0;</td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: center" colspan="2"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold"> Reverse Repurchase</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold"> Agreements</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: center" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: center"> &#xA0;</td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: center" colspan="2"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold"> Repurchase</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold"> Agreements</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: center" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: center"> &#xA0;</td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: center" colspan="2"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold"> Reverse Repurchase</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold"> Agreements</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: center" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: center"> &#xA0;</td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: center" colspan="2"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold"> Repurchase</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold"> Agreements</div> </td> <td style="WIDTH: 17px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: center" nowrap="nowrap">&#xA0;</td> </tr> <tr> <td style="WIDTH: 574px; VERTICAL-ALIGN: top" valign="bottom"> &#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom" valign="bottom"> &#xA0;</td> <td style="VERTICAL-ALIGN: top" valign="bottom" colspan="14"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center"> (dollars in thousands)</div> </td> <td style="WIDTH: 17px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left" valign="bottom" nowrap="nowrap">&#xA0;</td> </tr> <tr> <td style="WIDTH: 574px; VERTICAL-ALIGN: top; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; TEXT-ALIGN: left"> Gross Amounts</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> $</div> </td> <td style="WIDTH: 251px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> -</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> $</div> </td> <td style="WIDTH: 251px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> 62,497,400</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> $</div> </td> <td style="WIDTH: 251px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> 400,000</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> $</div> </td> <td style="WIDTH: 250px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> 65,615,810</div> </td> <td style="WIDTH: 17px; VERTICAL-ALIGN: bottom; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom" nowrap="nowrap">&#xA0;</td> </tr> <tr> <td style="WIDTH: 574px; VERTICAL-ALIGN: top; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; TEXT-ALIGN: left"> Amounts Offset</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 2px; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 251px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> -</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 251px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> -</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 251px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> (400,000</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom" nowrap="nowrap"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> )</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 250px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> (400,000</div> </td> <td style="WIDTH: 17px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 2px solid; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(255,255,255)" valign="bottom" nowrap="nowrap"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> )</div> </td> </tr> <tr> <td style="WIDTH: 574px; VERTICAL-ALIGN: top; PADDING-BOTTOM: 4px; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; TEXT-ALIGN: left"> Netted Amounts</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; PADDING-BOTTOM: 4px; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> $</div> </td> <td style="WIDTH: 251px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> -</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> $</div> </td> <td style="WIDTH: 251px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> 62,497,400</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> $</div> </td> <td style="WIDTH: 251px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> -</div> </td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom" nowrap="nowrap">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom">&#xA0;</td> <td style="WIDTH: 18px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> $</div> </td> <td style="WIDTH: 250px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: right; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif"> 65,215,810</div> </td> <td style="WIDTH: 17px; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: rgb(0,0,0) 4px double; TEXT-ALIGN: left; BACKGROUND-COLOR: rgb(204,238,255)" valign="bottom" nowrap="nowrap">&#xA0;</td> </tr> </table> </div> <div style="FONT-SIZE: 13px; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; WHITE-SPACE: normal; WORD-SPACING: 0px; TEXT-TRANSFORM: none; FONT-WEIGHT: normal; COLOR: rgb(0,0,0); FONT-STYLE: normal; ORPHANS: 2; WIDOWS: 2; LETTER-SPACING: normal; TEXT-INDENT: 0px; font-variant-ligatures: normal; font-variant-caps: normal; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial"> &#xA0;</div> </div>
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
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us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P1Y2M12D
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
15.74
dei Trading Symbol
TradingSymbol
NLY
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1019357697 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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1018971942 shares
dei Amendment Flag
AmendmentFlag
false
us-gaap Dividend Payable Date To Be Paid Day Month And Year
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2017-07-31
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0.40
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CurrentFiscalYearEndDate
--12-31
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15.85
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y2M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
117000 shares
us-gaap Basis Of Accounting
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<div> <div style="TEXT-ALIGN: justify"><font style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold"> <a name="A2" id="A2"></a>2.</font><font style="FONT-SIZE: 5.63pt">&#xA0;</font> <font style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; FONT-WEIGHT: bold"> BASIS OF PRESENTATION</font></div> <div><br /></div> <div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; TEXT-ALIGN: justify; MARGIN-TOP: 12pt"> 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").</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; TEXT-ALIGN: justify"> 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, 2016 has been derived from audited consolidated financial statements included in the Company&#x2019;s annual report on Form 10-K for the fiscal year ended December 31, 2016.</div> <div> <div> <div style="MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif; TEXT-ALIGN: justify; MARGIN-TOP: 12pt"> In the opinion of management, all normal, recurring adjustments have been included for a fair presentation of this interim financial information. <font style="FONT-SIZE: 10pt; FONT-FAMILY: &quot;Times New Roman&quot;, Times, serif">Interim period operating results may not be indicative of the operating results for a full year.</font></div> </div> </div> </div>
us-gaap Common Stock Dividends Per Share Declared
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dei Document Period End Date
DocumentPeriodEndDate
2017-06-30
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
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-676000
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0 shares
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dei Entity Registrant Name
EntityRegistrantName
ANNALY CAPITAL MANAGEMENT INC
us-gaap Open Tax Year
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2013
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-14123000
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455135000
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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 Unrealized Gain Loss On Interest Only Mortgage Backed Securities Mbs
UnrealizedGainLossOnInterestOnlyMortgageBackedSecuritiesMBS
39923000
nly Comprehensive Income Loss Attributable To Common Stock Holders
ComprehensiveIncomeLossAttributableToCommonStockHolders
643315000
nly Amortization Of Securitized Debt Premiums And Discounts Net
AmortizationOfSecuritizedDebtPremiumsAndDiscountsNet
20000
nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
26827000
nly Net Change In Unrealized Gain Loss On Availableforsale Securities And Interest Rate Swaps Net Of Reclassification Adjustment
NetChangeInUnrealizedGainLossOnAvailableforsaleSecuritiesAndInterestRateSwapsNetOfReclassificationAdjustment
235126000
nly Proceeds From Unconsolidated Joint Venture Excess Of Cumulative Earnings
ProceedsFromUnconsolidatedJointVentureExcessOfCumulativeEarnings
4227000
nly Increase Decrease In Lease Origination Costs
IncreaseDecreaseInLeaseOriginationCosts
958000
nly Proceeds From Repurchase Agreements
ProceedsFromRepurchaseAgreements
99863445000
nly Payments On Structured Debt Financing
PaymentsOnStructuredDebtFinancing
12827000
nly Proceeds From Direct Purchase And Dividend Reinvestment
ProceedsFromDirectPurchaseAndDividendReinvestment
1270000
nly Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
-797580000
nly Interest Expense Participation Sold
InterestExpenseParticipationSold
195000
nly Securities Sold Under Agreements To Repurchase Gross Amounts
SecuritiesSoldUnderAgreementsToRepurchaseGrossAmounts
62497400000
nly Accretion Amortization Of Discounts And Premiums On Loan Purchases
AccretionAmortizationOfDiscountsAndPremiumsOnLoanPurchases
14000
nly Proceeds From Sale Of Corporate Debt Heldforsale
ProceedsFromSaleOfCorporateDebtHeldforsale
19605000
nly Payments On Purchase Of Corporate Debt Heldforsale
PaymentsOnPurchaseOfCorporateDebtHeldforsale
19494000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1100000 shares
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.28
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
925850452 shares
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1865852000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
36750 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
12.90
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
925850452 shares
us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2016-07-29
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
14.69
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
6400 shares
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.60
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.28
us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-743000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
116000 shares
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
7399000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
102712000
us-gaap Payments For Securities Purchased Under Agreements To Resell
PaymentsForSecuritiesPurchasedUnderAgreementsToResell
29700000000
us-gaap Net Realized Or Unrealized Gain Loss On Trading Securities
NetRealizedOrUnrealizedGainLossOnTradingSecurities
207069000
us-gaap Interest Income Operating
InterestIncomeOperating
845261000
us-gaap Gain Loss On Sale Of Debt Investments
GainLossOnSaleOfDebtInvestments
-165000
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-1743241000
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
207052000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-621146000
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
1187000
us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
76862000
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
559000
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
743000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1501637000
us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
-1579338000
us-gaap Net Income Loss
NetIncomeLoss
-1146030000
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
-3202000
us-gaap Increase Decrease In Broker Dealer Related Receivables Payables Net
IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet
5000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
348065000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
348612000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1084000
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
1176000
us-gaap Profit Loss
ProfitLoss
-1146577000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
7088346000
us-gaap Payments Of Dividends
PaymentsOfDividends
594219000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
277479000
us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
-16045000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
545059000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
591000
us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
10300000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
-67000
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
10271000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1404940000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
163472000
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
189020000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
245447000
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3076000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1494642000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1182014000
us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
4929000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
65653000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4417000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1147490000
us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
10860000
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
821000
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
2868000
us-gaap Depreciation
Depreciation
10684000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
554935000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1084000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-913000
us-gaap Interest Expense
InterestExpense
300202000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
58295000
us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
1456076000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
4008291000
us-gaap Proceeds From Secured Lines Of Credit
ProceedsFromSecuredLinesOfCredit
1381640000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
102712000
us-gaap Interest Expense Other
InterestExpenseOther
10561000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
73045000
us-gaap Proceeds From Securities Purchased Under Agreements To Resell
ProceedsFromSecuritiesPurchasedUnderAgreementsToResell
29700000000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
114358000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-402806000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
97166000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
7592000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-547000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-958155000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
6995000
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
24121000
us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
65804000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1019000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7621000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
965992000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-547000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
24331000
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
35984000
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
402459000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4615505000
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
12750000
nly Other Income Loss
OtherIncomeLoss
-16045000
nly Accretion Amortization Of Discounts And Premiums Commercial Real Estate Investments
AccretionAmortizationOfDiscountsAndPremiumsCommercialRealEstateInvestments
1552000
nly Payments To Acquire Trading Securities
PaymentsToAcquireTradingSecurities
88062000
nly Principal Payments On Securitized Loans
PrincipalPaymentsOnSecuritizedLoans
52407000
nly Gain Loss On Termination Of Interest Rate Swaps
GainLossOnTerminationOfInterestRateSwaps
-60064000
nly Mortgage Backed Securities Sold Carrying Value
MortgageBackedSecuritiesSoldCarryingValue
5200000000
nly Principal Payments On Repurchase Agreements
PrincipalPaymentsOnRepurchaseAgreements
88936063000
nly Proceeds From Other Secured Financing
ProceedsFromOtherSecuredFinancing
2146084000
nly Payments To Acquire Securitized Loans Held For Investment
PaymentsToAcquireSecuritizedLoansHeldForInvestment
1489268000
nly Interest Paid On Repurchase Agreements
InterestPaidOnRepurchaseAgreements
269067000
nly Interest Paid Net Interest Rate Derivative
InterestPaidNetInterestRateDerivative
281120000
nly Nonoperating Income Expense Pre Derivative Instruments
NonoperatingIncomeExpensePreDerivativeInstruments
163903000
nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
710567000
nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
129765000
nly Proceeds From Repurchase Agreements From Broker Dealer
ProceedsFromRepurchaseAgreementsFromBrokerDealer
1076600000000
nly Interest Paid Excluding Interest Paid On Interest Rate Swaps
InterestPaidExcludingInterestPaidOnInterestRateSwaps
282146000
nly Principal Payments Received On Commercial Real Estate Investments
PrincipalPaymentsReceivedOnCommercialRealEstateInvestments
61601000
nly Payments On Repurchase Agreements From Broker Dealer
PaymentsOnRepurchaseAgreementsFromBrokerDealer
1075750000000
nly Gain Loss On Realized Interest Rate Swaps
GainLossOnRealizedInterestRateSwaps
-278237000
nly Unrealized Gain Loss On Interest Only Mortgage Backed Securities Mbs
UnrealizedGainLossOnInterestOnlyMortgageBackedSecuritiesMBS
-54026000
nly Comprehensive Income Loss Attributable To Common Stock Holders
ComprehensiveIncomeLossAttributableToCommonStockHolders
312628000
nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
20259000
nly Net Change In Unrealized Gain Loss On Availableforsale Securities And Interest Rate Swaps Net Of Reclassification Adjustment
NetChangeInUnrealizedGainLossOnAvailableforsaleSecuritiesAndInterestRateSwapsNetOfReclassificationAdjustment
1494642000
nly Proceeds From Unconsolidated Joint Venture Excess Of Cumulative Earnings
ProceedsFromUnconsolidatedJointVentureExcessOfCumulativeEarnings
2117000
nly Proceeds From Repurchase Agreements
ProceedsFromRepurchaseAgreements
85723588000
nly Payments On Structured Debt Financing
PaymentsOnStructuredDebtFinancing
153000
nly Proceeds From Direct Purchase And Dividend Reinvestment
ProceedsFromDirectPurchaseAndDividendReinvestment
1176000
nly Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
196016000
nly Interest Expense Participation Sold
InterestExpenseParticipationSold
315000
nly Proceeds From Sales Of Equity Securities
ProceedsFromSalesOfEquitySecurities
16112000
CY2016 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.77 pure
CY2016 us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P96D
CY2016 us-gaap Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
654117000
CY2016 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
4969000
CY2016 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
273708000
CY2016 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0
CY2016 nly Increase Decrease In Lease Origination Costs
IncreaseDecreaseInLeaseOriginationCosts
2558000
CY2016 nly Securities For Reverse Repurchase Agreements Gross Amounts
SecuritiesForReverseRepurchaseAgreementsGrossAmounts
400000000
CY2016 nly Securities Sold Under Agreements To Repurchase Amounts Offset
SecuritiesSoldUnderAgreementsToRepurchaseAmountsOffset
400000000
CY2016 nly Securities For Reverse Repurchase Agreements Amounts Offset
SecuritiesForReverseRepurchaseAgreementsAmountsOffset
400000000
CY2016 nly Securities Sold Under Agreements To Repurchase Gross Amounts
SecuritiesSoldUnderAgreementsToRepurchaseGrossAmounts
65615810000
CY2016 nly Accretion Amortization Of Discounts And Premiums On Loan Purchases
AccretionAmortizationOfDiscountsAndPremiumsOnLoanPurchases
314000
CY2016Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1100000 shares
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.32
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
924887316 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
924887316 shares
CY2016Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.32
CY2016Q2 us-gaap Net Realized Or Unrealized Gain Loss On Trading Securities
NetRealizedOrUnrealizedGainLossOnTradingSecurities
81880000
CY2016Q2 us-gaap Interest Income Operating
InterestIncomeOperating
457118000
CY2016Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-564046000
CY2016Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
81880000
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
483930000
CY2016Q2 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
-523785000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-278112000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
198183000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
198568000
CY2016Q2 us-gaap Profit Loss
ProfitLoss
-278497000
CY2016Q2 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
-9930000
CY2016Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
304363000
CY2016Q2 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
11900000
CY2016Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-373220000
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
476680000
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-296104000
CY2016Q2 us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
2690000
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-278573000
CY2016Q2 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
12535000
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-76000
CY2016Q2 us-gaap Interest Expense
InterestExpense
152755000
CY2016Q2 us-gaap Interest Expense Other
InterestExpenseOther
5196000
CY2016Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
36048000
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
49221000
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-385000
CY2016Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
800000
CY2016Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
7250000
CY2016Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
13173000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-385000
CY2016Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
17992000
CY2016Q2 nly Other Income Loss
OtherIncomeLoss
-9930000
CY2016Q2 nly Gain Loss On Termination Of Interest Rate Swaps
GainLossOnTerminationOfInterestRateSwaps
-60064000
CY2016Q2 nly Mortgage Backed Securities Sold Carrying Value
MortgageBackedSecuritiesSoldCarryingValue
1800000000
CY2016Q2 nly Interest Paid On Repurchase Agreements
InterestPaidOnRepurchaseAgreements
136176000
CY2016Q2 nly Nonoperating Income Expense Pre Derivative Instruments
NonoperatingIncomeExpensePreDerivativeInstruments
40261000
CY2016Q2 nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
394850000
CY2016Q2 nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
59578000
CY2016Q2 nly Gain Loss On Realized Interest Rate Swaps
GainLossOnRealizedInterestRateSwaps
-130762000
CY2016Q2 nly Unrealized Gain Loss On Interest Only Mortgage Backed Securities Mbs
UnrealizedGainLossOnInterestOnlyMortgageBackedSecuritiesMBS
-54154000
CY2016Q2 nly Comprehensive Income Loss Attributable To Common Stock Holders
ComprehensiveIncomeLossAttributableToCommonStockHolders
180576000
CY2016Q2 nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
11226000
CY2016Q2 nly Interest Expense Participation Sold
InterestExpenseParticipationSold
157000
CY2017Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
800000 shares
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1019000817 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1019000817 shares
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2017Q2 us-gaap Net Realized Or Unrealized Gain Loss On Trading Securities
NetRealizedOrUnrealizedGainLossOnTradingSecurities
-14423000
CY2017Q2 us-gaap Interest Income Operating
InterestIncomeOperating
537426000
CY2017Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-274095000
CY2017Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-14423000
CY2017Q2 us-gaap Servicing Fees Net
ServicingFeesNet
33300000
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
261964000
CY2017Q2 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
-277794000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
14624000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
289846000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
289948000
CY2017Q2 us-gaap Profit Loss
ProfitLoss
14522000
CY2017Q2 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
30865000
CY2017Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
315145000
CY2017Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-5200000
CY2017Q2 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-177567000
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
275324000
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8849000
CY2017Q2 us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
2548000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
14193000
CY2017Q2 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-5516000
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-329000
CY2017Q2 us-gaap Interest Expense
InterestExpense
222281000
CY2017Q2 us-gaap Interest Expense Other
InterestExpenseOther
13111000
CY2017Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
38938000
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
54023000
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-102000
CY2017Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
800000
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-13360000
CY2017Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
15085000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-102000
CY2017Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
23473000
CY2017Q2 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-9205000
CY2017Q2 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-17098000
CY2017Q2 nly Other Income Loss
OtherIncomeLoss
30865000
CY2017Q2 nly Gain Loss On Termination Of Interest Rate Swaps
GainLossOnTerminationOfInterestRateSwaps
-58000
CY2017Q2 nly Mortgage Backed Securities Sold Carrying Value
MortgageBackedSecuritiesSoldCarryingValue
2500000000
CY2017Q2 nly Interest Income Residential Mortgage Loans
InterestIncomeResidentialMortgageLoans
7417000
CY2017Q2 nly Interest Paid On Repurchase Agreements
InterestPaidOnRepurchaseAgreements
197151000
CY2017Q2 nly Nonoperating Income Expense Pre Derivative Instruments
NonoperatingIncomeExpensePreDerivativeInstruments
-3699000
CY2017Q2 nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
459308000
CY2017Q2 nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
68153000
CY2017Q2 nly Gain Loss On Realized Interest Rate Swaps
GainLossOnRealizedInterestRateSwaps
-96470000
CY2017Q2 nly Unrealized Gain Loss On Interest Only Mortgage Backed Securities Mbs
UnrealizedGainLossOnInterestOnlyMortgageBackedSecuritiesMBS
16240000
CY2017Q2 nly Comprehensive Income Loss Attributable To Common Stock Holders
ComprehensiveIncomeLossAttributableToCommonStockHolders
266475000
CY2017Q2 nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
11977000
CY2017Q2 nly Percentage Of Taxable Income Required To Be Distributed While Operating As Reit
PercentageOfTaxableIncomeRequiredToBeDistributedWhileOperatingAsReit
1.00 pure
CY2017Q2 nly Interest Expense Participation Sold
InterestExpenseParticipationSold
42000

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