2017 Q4 Form 10-Q Financial Statement

#000115752317002999 Filed on November 03, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $1.130B $694.6M $928.3M
YoY Change -45.91% -25.18% -298.31%
Cost Of Revenue $318.7M $268.9M $174.2M
YoY Change 73.77% 54.36% 57.93%
Gross Profit $811.0M $425.7M $754.1M
YoY Change -57.43% -43.55% -230.38%
Gross Profit Margin 71.79% 61.29% 81.23%
Selling, General & Admin $59.30M $57.00M $97.70M
YoY Change 6.85% -41.66% 97.37%
% of Gross Profit 7.31% 13.39% 12.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.000M $7.000M $8.000M
YoY Change -25.0% -12.5% 158.06%
% of Gross Profit 0.74% 1.64% 1.06%
Operating Expenses $59.30M $57.10M $97.70M
YoY Change 7.04% -41.56% 97.37%
Operating Profit $751.7M $368.6M $656.4M
YoY Change -59.36% -43.85% -204.54%
Interest Expense $318.7M $268.9M $174.2M
YoY Change 73.78% 54.42% 57.9%
% of Operating Profit 42.4% 72.96% 26.53%
Other Income/Expense, Net $25.06M $28.28M $29.27M
YoY Change -18.93% -3.38% -402.54%
Pretax Income $751.7M $368.7M $729.0M
YoY Change -59.36% -49.42% -216.1%
Income Tax $4.963M $1.371M -$1.926M
% Of Pretax Income 0.66% 0.37% -0.26%
Net Earnings $746.8M $367.5M $731.2M
YoY Change -59.6% -49.73% -216.53%
Net Earnings / Revenue 66.1% 52.91% 78.77%
Basic Earnings Per Share $0.62 $0.31 $0.70
Diluted Earnings Per Share $0.62 $0.31 $0.70
COMMON SHARES
Basic Shares Outstanding 1.160B shares 1.073B shares 1.008B shares
Diluted Shares Outstanding 1.073B shares 1.008B shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $707.0M $868.0M $2.382B
YoY Change -54.09% -63.56% 6.48%
Cash & Equivalents $706.6M $867.8M $2.382B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.000M $340.0M $494.0M
Other Receivables $324.0M $293.0M $260.0M
Total Short-Term Assets $1.032B $1.501B $3.136B
YoY Change -44.58% -52.14% 20.75%
LONG-TERM ASSETS
Property, Plant & Equipment $486.0M $471.0M $500.0M
YoY Change 2.32% -5.8% 66.11%
Goodwill $71.80M $71.82M $71.82M
YoY Change -0.02% 0.0% 0.0%
Intangibles $23.22M $25.74M $39.90M
YoY Change -32.07% -35.49%
Long-Term Investments $98.01B $93.98B $82.20B
YoY Change 16.08% 14.32% 14.71%
Other Assets
YoY Change
Total Long-Term Assets $100.7B $96.07B $83.77B
YoY Change 17.07% 14.68% 15.17%
TOTAL ASSETS
Total Short-Term Assets $1.032B $1.501B $3.136B
Total Long-Term Assets $100.7B $96.07B $83.77B
Total Assets $101.8B $97.57B $86.91B
YoY Change 15.76% 12.27% 15.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $253.0M $232.0M $173.0M
YoY Change 55.21% 34.1% 18.49%
Deferred Revenue
YoY Change
Short-Term Debt $77.70B $69.43B $61.78B
YoY Change 19.14% 12.38% 9.45%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $78.95B $75.23B $62.68B
YoY Change 20.08% 20.03% 8.77%
LONG-TERM LIABILITIES
Long-Term Debt $7.119B $7.383B $7.858B
YoY Change -9.49% -6.04% 154.06%
Other Long-Term Liabilities $816.0M $804.0M $3.109B
YoY Change -52.42% -74.14% 33.03%
Total Long-Term Liabilities $7.935B $8.187B $10.97B
YoY Change -17.17% -25.35% 101.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $78.95B $75.23B $62.68B
Total Long-Term Liabilities $7.935B $8.187B $10.97B
Total Liabilities $86.89B $83.42B $73.65B
YoY Change 15.35% 13.27% 16.8%
SHAREHOLDERS EQUITY
Retained Earnings -$2.962B -$3.320B -$4.655B
YoY Change -5.56% -28.68% 25.96%
Common Stock $11.60M $10.88M $10.19M
YoY Change 13.81% 6.79% 7.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.87B $14.15B $13.25B
YoY Change
Total Liabilities & Shareholders Equity $101.8B $97.57B $86.91B
YoY Change 15.76% 12.27% 15.36%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $746.8M $367.5M $731.2M
YoY Change -59.6% -49.73% -216.53%
Depreciation, Depletion And Amortization $6.000M $7.000M $8.000M
YoY Change -25.0% -12.5% 158.06%
Cash From Operating Activities $902.0M $617.0M -$1.033B
YoY Change -85.02% -159.73% -209.66%
INVESTING ACTIVITIES
Capital Expenditures -$116.0M -$221.0M -$143.0M
YoY Change 2.65% 54.55% -15.38%
Acquisitions
YoY Change
Other Investing Activities -$9.124B -$7.999B $2.292B
YoY Change 119.54% -449.0% 30.15%
Cash From Investing Activities -$9.240B -$8.220B $2.149B
YoY Change 116.44% -482.5% 35.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 8.177B 7.769B -1.469B
YoY Change -414.98% -628.86% -29.41%
NET CHANGE
Cash From Operating Activities 902.0M 617.0M -1.033B
Cash From Investing Activities -9.240B -8.220B 2.149B
Cash From Financing Activities 8.177B 7.769B -1.469B
Net Change In Cash -161.0M 166.0M -353.0M
YoY Change -80.88% -147.03% -178.1%
FREE CASH FLOW
Cash From Operating Activities $902.0M $617.0M -$1.033B
Capital Expenditures -$116.0M -$221.0M -$143.0M
Free Cash Flow $1.018B $838.0M -$890.0M
YoY Change -83.41% -194.16% -180.11%

Facts In Submission

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1769258000
CY2015Q4 us-gaap Mortgage Loans On Real Estate Carrying Amount Of Mortgages
MortgageLoansOnRealEstateCarryingAmountOfMortgages
1348817000
CY2016Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
1422 Security
CY2016Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
54 Security
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1945437500 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
1018913249 shares
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1018913249 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1125625 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.43
CY2016Q4 us-gaap Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear
1368 Security
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3136017000
CY2016Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
184319000
CY2016Q4 us-gaap Loans Payable
LoansPayable
311636000
CY2016Q4 us-gaap Liabilities
Liabilities
75329074000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
87905046000
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
0
CY2016Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
5186004000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1085893000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
12568180000
CY2016Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
65215810000
CY2016Q4 us-gaap Other Secured Financings
OtherSecuredFinancings
3884708000
CY2016Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1530202000
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
86437000
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
10189000
CY2016Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
15579342000
CY2016Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
34221000
CY2016Q4 us-gaap Notes Payable
NotesPayable
12869000
CY2016Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
1443765000
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
12575972000
CY2016Q4 us-gaap Minority Interest
MinorityInterest
7792000
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
163013000
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
305674000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Rolling After Year Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue
8239859000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis
12666394000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
52465045000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
266609000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
1361566000
CY2016Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
84500000
CY2016Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
68194000
CY2016Q4 us-gaap Other Assets
OtherAssets
333063000
CY2016Q4 us-gaap Securities For Reverse Repurchase Agreements
SecuritiesForReverseRepurchaseAgreements
0
CY2016Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
4500000
CY2016Q4 us-gaap Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
270400000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Rolling After Year Ten Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis
8473058000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
58742859000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1539746000
CY2016Q4 us-gaap Cash Collateral For Borrowed Securities
CashCollateralForBorrowedSecurities
1428475000
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
34184000
CY2016Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
114425000
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
414399000
CY2016Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
60168000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue
56785601000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
12626932000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1094957000
CY2016Q4 us-gaap Financial Instruments Owned Mortgages Mortgage Backed And Asset Backed Securities At Fair Value
FinancialInstrumentsOwnedMortgagesMortgageBackedAndAssetBackedSecuritiesAtFairValue
77715902000
CY2016Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
342289000
CY2016Q4 us-gaap Servicing Asset
ServicingAsset
652216000
CY2016Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
652216000
CY2016Q4 us-gaap Assets
Assets
87905046000
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
6277814000
CY2016Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
78939815000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis
61775000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value
AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue
63510000
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis
57738588000
CY2016Q4 us-gaap Derivative Assets
DerivativeAssets
239460000
CY2016Q4 us-gaap Financial Instruments Owned Other At Fair Value
FinancialInstrumentsOwnedOtherAtFairValue
724722000
CY2016Q4 us-gaap Goodwill
Goodwill
71815000
CY2016Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
87800000
CY2016Q4 us-gaap Mortgage Loans On Real Estate Carrying Amount Of Mortgages
MortgageLoansOnRealEstateCarryingAmountOfMortgages
970505000
CY2016Q4 us-gaap Pledged Financial Instruments Not Separately Reported Other Debt Securities Held To Maturity
PledgedFinancialInstrumentsNotSeparatelyReportedOtherDebtSecuritiesHeldToMaturity
592871000
CY2016Q4 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
608707000
CY2016Q4 us-gaap Pledged Assets Separately Reported Finance Receivables Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedFinanceReceivablesPledgedAsCollateralAtFairValue
314746000
CY2016Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
0
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
448620000
CY2016Q4 us-gaap Real Estate Investments
RealEstateInvestments
474567000
CY2016Q4 nly Repurchase Agreements Accrued Interest
RepurchaseAgreementsAccruedInterest
229200000
CY2016Q4 nly Financial Assets Fair Value Disclosure
FinancialAssetsFairValueDisclosure
83271606000
CY2016Q4 nly Repurchase Agreements Weighted Average Rates
RepurchaseAgreementsWeightedAverageRates
0.0107 pure
CY2016Q4 nly Senior Securitized Mortgages Of Consolidated Vie Fair Value
SeniorSecuritizedMortgagesOfConsolidatedVieFairValue
3900000000
CY2016Q4 nly Other Derivative Fair Value Of Derivative Asset
OtherDerivativeFairValueOfDerivativeAsset
171266000
CY2016Q4 nly Commercial Real Estate Debt Investments
CommercialRealEstateDebtInvestments
4321739000
CY2016Q4 nly Commercial Real Estate Debt And Preferred Equity
CommercialRealEstateDebtAndPreferredEquity
970505000
CY2016Q4 nly Repurchase Agreements Weighted Average Borrowing Rates
RepurchaseAgreementsWeightedAverageBorrowingRates
0.0164 pure
CY2016Q4 nly Other Derivative Financial Instruments Liabilities Fair Value Disclosure
OtherDerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure
86437000
CY2016Q4 nly Held To Maturity Securities Corporate Debt
HeldToMaturitySecuritiesCorporateDebt
773274000
CY2016Q4 nly Other Derivative Financial Instruments Assets Fair Value Disclosure
OtherDerivativeFinancialInstrumentsAssetsFairValueDisclosure
171266000
CY2016Q4 nly Collateral Held On Repurchase Agreements After Effect Of Interest Rate Swaps Fair Value
CollateralHeldOnRepurchaseAgreementsAfterEffectOfInterestRateSwapsFairValue
74300000000
CY2016Q4 nly Pledged Assets Not Separately Reported Commercial Real Estate Debt And Preferred Equity Held For Investment
PledgedAssetsNotSeparatelyReportedCommercialRealEstateDebtAndPreferredEquityHeldForInvestment
506997000
CY2016Q4 nly Securitized Debt Of Consolidated Vie Fair Value Disclosure
SecuritizedDebtOfConsolidatedVieFairValueDisclosure
3655802000
CY2016Q4 nly Payable For Investment Securities Purchased
PayableForInvestmentSecuritiesPurchased
65041000
CY2016Q4 nly Pledged Assets Mortgage Servicing Rights
PledgedAssetsMortgageServicingRights
5464000
CY2016Q4 nly Receivable For Investment Securities Sold
ReceivableForInvestmentSecuritiesSold
51461000
CY2016Q4 nly Impaired Nonaccrual And Default Loans Outstanding
ImpairedNonaccrualAndDefaultLoansOutstanding
0
CY2016Q4 nly Securitized Debt Of Consolidated Vie
SecuritizedDebtOfConsolidatedVie
3655802000
CY2016Q4 nly Pledged Assets Not Separately Reported Commercial Real Estate Debt Investments
PledgedAssetsNotSeparatelyReportedCommercialRealEstateDebtInvestments
4321739000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
800000 shares
us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P4Y6M0D
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
4954531000
us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P65D
us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; TEXT-ALIGN: justify; CLEAR: both"> The following table summarizes the gross amounts of reverse repurchase agreements and repurchase agreements, amounts offset in accordance with netting arrangements and net amounts of repurchase agreements and reverse repurchase agreements as presented in the Consolidated Statements of Financial Condition at September 30, 2017 and December 31, 2016. 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 style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; TEXT-ALIGN: justify; CLEAR: both"> &#xA0;</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: normal; TEXT-ALIGN: left; CLEAR: both"> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 52%; VERTICAL-ALIGN: top">&#xA0;</td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: top">&#xA0;</td> <td style="VERTICAL-ALIGN: top" colspan="7"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; COLOR: #000000; TEXT-ALIGN: center"> September 30, 2017</div> </td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 2px solid"> &#xA0;</td> <td style="VERTICAL-ALIGN: top" colspan="7"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; COLOR: #000000; TEXT-ALIGN: center"> December 31, 2016</div> </td> </tr> <tr> <td style="WIDTH: 52%; VERTICAL-ALIGN: bottom">&#xA0;</td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: bottom">&#xA0;</td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid" colspan="3"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center"> Reverse Repurchase</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center"> Agreements</div> </td> <td style="BORDER-TOP: #000000 2px solid; WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid"> &#xA0;</td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid" colspan="3"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center"> Repurchase</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center"> Agreements</div> </td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid"> &#xA0;</td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid" colspan="3"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center"> Reverse Repurchase</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center"> Agreements</div> </td> <td style="BORDER-TOP: #000000 2px solid; WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid"> &#xA0;</td> <td style="BORDER-TOP: #000000 2px solid; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid" colspan="3"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center"> Repurchase</div> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: center"> Agreements</div> </td> </tr> <tr> <td style="WIDTH: 52%; VERTICAL-ALIGN: top">&#xA0;</td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: top">&#xA0;</td> <td style="VERTICAL-ALIGN: top" colspan="15"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; COLOR: #000000; TEXT-ALIGN: center"> (dollars in thousands)</div> </td> </tr> <tr> <td style="WIDTH: 52%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> Gross Amounts</div> </td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> $</div> </td> <td style="WIDTH: 9%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> 1,875,000</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> $</div> </td> <td style="WIDTH: 9%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> 71,305,268</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> $</div> </td> <td style="WIDTH: 9%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> 400,000</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> $</div> </td> <td style="WIDTH: 9%; VERTICAL-ALIGN: bottom; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> 65,615,810</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> </tr> <tr> <td style="WIDTH: 52%; VERTICAL-ALIGN: top"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> Amounts Offset</div> </td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: top">&#xA0;</td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid" colspan="2"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> (1,875,000</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> )</div> </td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid"> &#xA0;</td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid" colspan="2"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> (1,875,000</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> )</div> </td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid"> &#xA0;</td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid" colspan="2"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> (400,000</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> )</div> </td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid"> &#xA0;</td> <td style="VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid" colspan="2"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> (400,000</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 2px solid"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> )</div> </td> </tr> <tr> <td style="WIDTH: 52%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> Netted Amounts</div> </td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: top; PADDING-BOTTOM: 4px; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> $</div> </td> <td style="WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> &#x2014;</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> $</div> </td> <td style="WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> 69,430,268</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> $</div> </td> <td style="WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> &#x2014;</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 0.85%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> <td style="WIDTH: 1%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: left"> $</div> </td> <td style="WIDTH: 9%; VERTICAL-ALIGN: bottom; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> <div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; COLOR: #000000; TEXT-ALIGN: right"> 65,215,810</div> </td> <td style="WIDTH: 0.68%; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 4px double; BACKGROUND-COLOR: #cceeff"> &#xA0;</td> </tr> </table> </div> </div>
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
199500 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y0M0D
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
1037445177 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1037033076 shares
dei Amendment Flag
AmendmentFlag
false
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
15.85
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
P1Y0M0D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
117000 shares
us-gaap Dividend Payable Date To Be Paid Day Month And Year
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2017-10-31
us-gaap Basis Of Accounting
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<div style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"> <div> <div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 10pt; FONT-SIZE: 10pt"> <div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"> <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold"> 2.</font> <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold"> BASIS OF PRESENTATION</font></div> <div style="TEXT-ALIGN: justify; MARGIN-TOP: 12pt; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-BOTTOM: 12pt; FONT-SIZE: 10pt"> The accompanying consolidated financial statements and related notes of the Company have been prepared in accordance with U.S. generally accepted accounting principles (&#x201C;GAAP&#x201D;).</div> </div> </div> <div style="CLEAR: both"> <div> <div style="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 style="TEXT-ALIGN: left">&#xA0;</div> <div style="TEXT-ALIGN: justify">In the opinion of management, all normal, recurring adjustments have been included for a fair presentation of this interim financial information. Interim period operating results may not be indicative of the operating results for a full year.</div> </div> </div> </div>
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Common Stock Dividends Per Share Cash Paid
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0.30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Type
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10-Q
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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dei Entity Central Index Key
EntityCentralIndexKey
0001043219
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.72
dei Document Period End Date
DocumentPeriodEndDate
2017-09-30
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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412101 shares
us-gaap Minority Interest Period Increase Decrease
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-895000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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0 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
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0 shares
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us-gaap Use Of Estimates
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<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; FONT-STYLE: italic"> Use of Estimates</font> <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-STYLE: italic"> &#xA0;</font>&#x2013; <font style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-STYLE: italic"> &#xA0;</font>The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.</div>
dei Entity Registrant Name
EntityRegistrantName
ANNALY CAPITAL MANAGEMENT INC
us-gaap Open Tax Year
OpenTaxYear
2014
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
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169000 shares
us-gaap Repayments Of Other Long Term Debt
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54000
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22519000
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397600000
us-gaap Nonoperating Gains Losses
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us-gaap Payments Of Dividends Common Stock
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us-gaap Other Nonoperating Gains Losses
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90793000
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2612000
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ServicingAssetAtFairValueOtherChangesInFairValue
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us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
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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
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813000
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42899000
nly Net Change In Unrealized Gain Loss On Availableforsale Securities And Interest Rate Swaps Net Of Reclassification Adjustment
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445744000
nly Proceeds From Unconsolidated Joint Venture Excess Of Cumulative Earnings
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6160000
nly Increase Decrease In Lease Origination Costs
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nly Stock Issued During Period Value Preferred Stock
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nly Securities For Reverse Repurchase Agreements Gross Amounts
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1875000000
nly Proceeds From Repurchase Agreements
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151081565000
nly Payments On Structured Debt Financing
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nly Securities Sold Under Agreements To Repurchase Amounts Offset
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1875000000
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nly Securities For Reverse Repurchase Agreements Amounts Offset
SecuritiesForReverseRepurchaseAgreementsAmountsOffset
1875000000
nly Interest Expense Participation Sold
InterestExpenseParticipationSold
195000
nly Securities Sold Under Agreements To Repurchase Gross Amounts
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71305268000
nly Accretion Amortization Of Discounts And Premiums On Loan Purchases
AccretionAmortizationOfDiscountsAndPremiumsOnLoanPurchases
15000
nly Proceeds From Sale Of Corporate Debt Heldforsale
ProceedsFromSaleOfCorporateDebtHeldforsale
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195251000
CY2017Q3 us-gaap Nonoperating Gains Losses
NonoperatingGainsLosses
43807000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
367547000
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
577933000
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
578165000
CY2017Q3 us-gaap Profit Loss
ProfitLoss
367315000
CY2017Q3 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
28282000
CY2017Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
353613000
CY2017Q3 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-10200000
CY2017Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
56854000
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
210618000
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
337192000
CY2017Q3 us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
5815000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
368686000
CY2017Q3 us-gaap Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
-11552000
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1371000
CY2017Q3 us-gaap Interest Expense
InterestExpense
268937000
CY2017Q3 us-gaap Interest Expense Other
InterestExpenseOther
15196000
CY2017Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
41993000
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
57016000
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-232000
CY2017Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
800000
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-15367000
CY2017Q3 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
15023000
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-232000
CY2017Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
30355000
CY2017Q3 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-19207000
CY2017Q3 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-16208000
CY2017Q3 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
10000
CY2017Q3 nly Other Income Loss
OtherIncomeLoss
28282000
CY2017Q3 nly Fair Value Transfers Between Levels Amount
FairValueTransfersBetweenLevelsAmount
0
CY2017Q3 nly Mortgage Backed Securities Sold Carrying Value
MortgageBackedSecuritiesSoldCarryingValue
6800000000
CY2017Q3 nly Interest Income Residential Mortgage Loans
InterestIncomeResidentialMortgageLoans
8509000
CY2017Q3 nly Interest Paid On Repurchase Agreements
InterestPaidOnRepurchaseAgreements
237669000
CY2017Q3 nly Nonoperating Income Expense Pre Derivative Instruments
NonoperatingIncomeExpensePreDerivativeInstruments
75164000
CY2017Q3 nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
540436000
CY2017Q3 nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
67790000
CY2017Q3 nly Gain Loss On Realized Interest Rate Swaps
GainLossOnRealizedInterestRateSwaps
-88211000
CY2017Q3 nly Unrealized Gain Loss On Interest Only Mortgage Backed Securities Mbs
UnrealizedGainLossOnInterestOnlyMortgageBackedSecuritiesMBS
-67492000
CY2017Q3 nly Comprehensive Income Loss Attributable To Common Stock Holders
ComprehensiveIncomeLossAttributableToCommonStockHolders
547810000
CY2017Q3 nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
16072000
CY2017Q3 nly Percentage Of Taxable Income Required To Be Distributed While Operating As Reit
PercentageOfTaxableIncomeRequiredToBeDistributedWhileOperatingAsReit
1.00 pure
CY2017Q3 nly Servicing Asset At Fair Value Additions And Disposition
ServicingAssetAtFairValueAdditionsAndDisposition
-30000

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