2020 Q1 Form 10-Q Financial Statement

#000162828020007084 Filed on May 08, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue -$2.987B -$109.5M
YoY Change 2627.4% -106.23%
Cost Of Revenue $503.5M $647.7M
YoY Change -22.26% 76.29%
Gross Profit -$3.490B -$757.2M
YoY Change 360.9% -154.44%
Gross Profit Margin
Selling, General & Admin $77.60M $83.70M
YoY Change -7.29% 33.92%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.000M $7.000M
YoY Change 14.29% 16.67%
% of Gross Profit
Operating Expenses $176.9M $89.40M
YoY Change 97.87% 43.04%
Operating Profit -$3.667B -$846.6M
YoY Change 333.12% -163.74%
Interest Expense $503.5M $647.7M
YoY Change -22.27% 76.28%
% of Operating Profit
Other Income/Expense, Net $14.93M $30.50M
YoY Change -51.07% -10.35%
Pretax Income -$3.667B -$846.7M
YoY Change 333.1% -163.74%
Income Tax -$26.70M $2.581M
% Of Pretax Income
Net Earnings -$3.640B -$849.2M
YoY Change 328.69% -163.95%
Net Earnings / Revenue
Basic Earnings Per Share -$2.57 -$0.63
Diluted Earnings Per Share -$2.57 -$0.63
COMMON SHARES
Basic Shares Outstanding 1.431B shares 1.399B shares
Diluted Shares Outstanding 1.431B shares 1.399B shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.824B $1.523B
YoY Change 85.42% 54.78%
Cash & Equivalents $2.824B $1.523B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.007B $1.574B
Other Receivables $335.0M $391.0M
Total Short-Term Assets $4.166B $3.488B
YoY Change 19.44% 157.23%
LONG-TERM ASSETS
Property, Plant & Equipment $767.0M $752.0M
YoY Change 1.99% 56.67%
Goodwill $71.80M $71.80M
YoY Change 0.0% -0.02%
Intangibles $26.48M $26.74M
YoY Change -0.96% 27.63%
Long-Term Investments $91.38B $114.3B
YoY Change -20.03% 18.69%
Other Assets
YoY Change
Total Long-Term Assets $92.75B $115.7B
YoY Change -19.82% 16.82%
TOTAL ASSETS
Total Short-Term Assets $4.166B $3.488B
Total Long-Term Assets $92.75B $115.7B
Total Assets $96.92B $119.2B
YoY Change -18.67% 18.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $281.0M $447.0M
YoY Change -37.14% 56.84%
Deferred Revenue
YoY Change
Short-Term Debt $72.58B $88.48B
YoY Change -17.97% 13.41%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $74.14B $94.12B
YoY Change -21.23% 19.54%
LONG-TERM LIABILITIES
Long-Term Debt $8.655B $8.427B
YoY Change 2.71% 19.62%
Other Long-Term Liabilities $1.412B $843.0M
YoY Change 67.5% 28.7%
Total Long-Term Liabilities $10.07B $9.270B
YoY Change 8.6% 20.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $74.14B $94.12B
Total Long-Term Liabilities $10.07B $9.270B
Total Liabilities $84.21B $103.4B
YoY Change -18.55% 19.61%
SHAREHOLDERS EQUITY
Retained Earnings -$12.38B -$5.810B
YoY Change 113.13% 188.25%
Common Stock $14.30M $14.48M
YoY Change -1.22% 24.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $12.70B $15.78B
YoY Change
Total Liabilities & Shareholders Equity $96.92B $119.2B
YoY Change -18.67% 18.72%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$3.640B -$849.2M
YoY Change 328.69% -163.95%
Depreciation, Depletion And Amortization $8.000M $7.000M
YoY Change 14.29% 16.67%
Cash From Operating Activities -$2.023B -$942.1M
YoY Change 114.76% -170.68%
INVESTING ACTIVITIES
Capital Expenditures -$1.000M -$269.0M
YoY Change -99.63% 192.39%
Acquisitions
YoY Change
Other Investing Activities $34.11B -$7.635B
YoY Change -546.71% 794.03%
Cash From Investing Activities $34.10B -$7.904B
YoY Change -531.48% 735.57%
FINANCING ACTIVITIES
Cash Dividend Paid $393.1M $426.8M
YoY Change -7.91% 11.84%
Common Stock Issuance & Retirement, Net $0.00 $1.320B
YoY Change -100.0% 220.25%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$31.11B $8.633B
YoY Change -460.35% -7999.26%
NET CHANGE
Cash From Operating Activities -$2.023B -$942.1M
Cash From Investing Activities $34.10B -$7.904B
Cash From Financing Activities -$31.11B $8.633B
Net Change In Cash $972.8M -$213.1M
YoY Change -556.4% -176.76%
FREE CASH FLOW
Cash From Operating Activities -$2.023B -$942.1M
Capital Expenditures -$1.000M -$269.0M
Free Cash Flow -$2.022B -$673.1M
YoY Change 200.44% -147.24%

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12707530000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15781444000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-3640189000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
-849251000 USD
CY2020Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-618800000 USD
CY2019Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-246150000 USD
CY2020Q1 nly Amortization Of Securitized Debt Premiums And Discounts Net
AmortizationOfSecuritizedDebtPremiumsAndDiscountsNet
2881000 USD
CY2019Q1 nly Amortization Of Securitized Debt Premiums And Discounts Net
AmortizationOfSecuritizedDebtPremiumsAndDiscountsNet
3627000 USD
CY2020Q1 nly Depreciation Depletion And Amortization Excluding Amortization Of Debt Premiums And Discounts Deferred Financing Costs And Discounts Of Investments
DepreciationDepletionAndAmortizationExcludingAmortizationOfDebtPremiumsAndDiscountsDeferredFinancingCostsAndDiscountsOfInvestments
7684000 USD
CY2019Q1 nly Depreciation Depletion And Amortization Excluding Amortization Of Debt Premiums And Discounts Deferred Financing Costs And Discounts Of Investments
DepreciationDepletionAndAmortizationExcludingAmortizationOfDebtPremiumsAndDiscountsDeferredFinancingCostsAndDiscountsOfInvestments
7072000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
206583000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-93916000 USD
CY2020Q1 nly Gain Loss On Investments Debt And Derivatives
GainLossOnInvestmentsDebtAndDerivatives
-3749018000 USD
CY2019Q1 nly Gain Loss On Investments Debt And Derivatives
GainLossOnInvestmentsDebtAndDerivatives
-458086000 USD
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
370000 USD
CY2019Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1960000 USD
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
99326000 USD
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
5703000 USD
CY2020Q1 nly Payments For Purchase Of Loans Operating Activities
PaymentsForPurchaseOfLoansOperatingActivities
54820000 USD
CY2019Q1 nly Payments For Purchase Of Loans Operating Activities
PaymentsForPurchaseOfLoansOperatingActivities
49070000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
61664000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
44817000 USD
CY2020Q1 nly Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
-2680933000 USD
CY2019Q1 nly Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
-633221000 USD
CY2020Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-105636000 USD
CY2019Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
107040000 USD
CY2020Q1 us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
-115341000 USD
CY2019Q1 us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
29491000 USD
CY2020Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-215030000 USD
CY2019Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-146537000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
20075000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
18436000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2023262000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-942097000 USD
CY2020Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
11526904000 USD
CY2019Q1 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
18472733000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
41132114000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
7863347000 USD
CY2020Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4900580000 USD
CY2019Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
2386243000 USD
CY2020Q1 us-gaap Payments To Acquire Other Loans And Leases Held For Investment
PaymentsToAcquireOtherLoansAndLeasesHeldForInvestment
1148574000 USD
CY2019Q1 us-gaap Payments To Acquire Other Loans And Leases Held For Investment
PaymentsToAcquireOtherLoansAndLeasesHeldForInvestment
664002000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
271007000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
179112000 USD
CY2020Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
471384000 USD
CY2019Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
676499000 USD
CY2020Q1 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
1159000 USD
CY2019Q1 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
5950000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
CY2019Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
6661000 USD
CY2020Q1 us-gaap Proceeds From Securities Purchased Under Agreements To Resell
ProceedsFromSecuritiesPurchasedUnderAgreementsToResell
27150000000 USD
CY2019Q1 us-gaap Proceeds From Securities Purchased Under Agreements To Resell
ProceedsFromSecuritiesPurchasedUnderAgreementsToResell
28107306000 USD
CY2020Q1 us-gaap Payments For Securities Purchased Under Agreements To Resell
PaymentsForSecuritiesPurchasedUnderAgreementsToResell
27150000000 USD
CY2019Q1 us-gaap Payments For Securities Purchased Under Agreements To Resell
PaymentsForSecuritiesPurchasedUnderAgreementsToResell
27980715000 USD
CY2020Q1 nly Proceeds From Unconsolidated Joint Venture Excess Of Cumulative Earnings
ProceedsFromUnconsolidatedJointVentureExcessOfCumulativeEarnings
6017000 USD
CY2019Q1 nly Proceeds From Unconsolidated Joint Venture Excess Of Cumulative Earnings
ProceedsFromUnconsolidatedJointVentureExcessOfCumulativeEarnings
241000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
34104465000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7903991000 USD
CY2020Q1 nly Proceeds From Repurchase Agreements
ProceedsFromRepurchaseAgreements
1126771986000 USD
CY2019Q1 nly Proceeds From Repurchase Agreements
ProceedsFromRepurchaseAgreements
1411469975000 USD
CY2020Q1 nly Principal Payments On Repurchase Agreements
PrincipalPaymentsOnRepurchaseAgreements
1158603746000 USD
CY2019Q1 nly Principal Payments On Repurchase Agreements
PrincipalPaymentsOnRepurchaseAgreements
1404070367000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
1394065000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
905265000 USD
CY2020Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
276551000 USD
CY2019Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
561955000 USD
CY2020Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2019Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1781000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1319709000 USD
CY2020Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
811000 USD
CY2019Q1 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
722000 USD
CY2020Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-288000 USD
CY2019Q1 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-361000 USD
CY2020Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
393066000 USD
CY2019Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
426819000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-31108411000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8632944000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
972792000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-213144000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1850729000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1539746000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2823521000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1326602000 USD
CY2020Q1 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
1260159000 USD
CY2019Q1 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
1079294000 USD
CY2020Q1 us-gaap Proceeds From Dividends Received
ProceedsFromDividendsReceived
2116000 USD
CY2019Q1 us-gaap Proceeds From Dividends Received
ProceedsFromDividendsReceived
2116000 USD
CY2020Q1 nly Interest Paid Excluding Interest Paid On Interest Rate Swaps
InterestPaidExcludingInterestPaidOnInterestRateSwaps
575973000 USD
CY2019Q1 nly Interest Paid Excluding Interest Paid On Interest Rate Swaps
InterestPaidExcludingInterestPaidOnInterestRateSwaps
633805000 USD
CY2020Q1 nly Interest Paid Net Interest Rate Derivative
InterestPaidNetInterestRateDerivative
171965000 USD
CY2019Q1 nly Interest Paid Net Interest Rate Derivative
InterestPaidNetInterestRateDerivative
34663000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
52000 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-30000 USD
CY2020Q1 nly Receivable For Investment Securities Sold
ReceivableForInvestmentSecuritiesSold
1006853000 USD
CY2019Q1 nly Receivable For Investment Securities Sold
ReceivableForInvestmentSecuritiesSold
1574251000 USD
CY2020Q1 nly Payable For Investment Securities Purchased
PayableForInvestmentSecuritiesPurchased
923552000 USD
CY2019Q1 nly Payable For Investment Securities Purchased
PayableForInvestmentSecuritiesPurchased
4763376000 USD
CY2020Q1 nly Net Change In Unrealized Gain Loss On Availableforsale Securities And Interest Rate Swaps Net Of Reclassification Adjustment
NetChangeInUnrealizedGainLossOnAvailableforsaleSecuritiesAndInterestRateSwapsNetOfReclassificationAdjustment
983180000 USD
CY2019Q1 nly Net Change In Unrealized Gain Loss On Availableforsale Securities And Interest Rate Swaps Net Of Reclassification Adjustment
NetChangeInUnrealizedGainLossOnAvailableforsaleSecuritiesAndInterestRateSwapsNetOfReclassificationAdjustment
1660489000 USD
CY2020Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
357606000 USD
CY2019Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
434431000 USD
CY2020Q1 us-gaap Basis Of Accounting
BasisOfAccounting
<div style="line-height:120%;padding-bottom:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:11pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.609375%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:11pt;"><span style="font-family:Times New Roman;font-size:11pt;color:#00316c;font-style:normal;font-weight:bold;text-decoration:none;">2. BASIS OF PRESENTATION</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:6px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr></table></div><span style="font-family:inherit;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 (“GAAP”). </span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">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’s most recent Annual Report on Form 10-K for the fiscal year ended </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> (the “</span><span style="font-family:inherit;font-size:10pt;">2019</span><span style="font-family:inherit;font-size:10pt;"> Form 10-K”). The consolidated financial information as of </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;"> has been derived from audited consolidated financial statements included in the Company’s </span><span style="font-family:inherit;font-size:10pt;">2019</span><span style="font-family:inherit;font-size:10pt;"> Form 10-K.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements requires management to make estimates and assumptions that affect the reported balance sheet amounts and/or disclosures 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.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">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.</span></div>
CY2020Q1 us-gaap Revenue Recognition Interest
RevenueRecognitionInterest
<div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Interest Income - </span><span style="font-family:inherit;font-size:10pt;">The Company recognizes interest income primarily on Residential securities, residential mortgage loans, commercial investments and reverse repurchase agreements. Interest accrued but not paid is recognized as Interest receivable on the Consolidated Statements of Financial Condition. Interest income is presented as a separate line item on the Consolidated Statements of Comprehensive Income. Refer to the “Interest Income and Interest Expense” note for further discussion.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">For its securities, the Company recognizes coupon income, which is a component of interest income, based upon the outstanding principal amounts of the financial instruments and their contractual terms. In addition, the Company amortizes or accretes premiums or discounts into interest income for its Agency mortgage-backed securities (other than interest-only securities, multifamily and reverse mortgages), taking into account estimates of future principal prepayments in the calculation of the effective yield.  The Company recalculates the effective yield as differences between anticipated and actual prepayments occur. Using third-party model and market information to project future cash flows and expected remaining lives of securities, the effective interest rate determined for each security is applied as if it had been in place from the date of the security’s acquisition. The amortized cost of the security is then adjusted to the amount that would have existed had the new effective yield been applied since the acquisition date, which results in a cumulative premium amortization adjustment in each period. The adjustment to amortized cost is offset with a charge or credit to interest income. Changes in interest rates and other market factors will impact prepayment speed projections and the amount of premium amortization recognized in any given period.</span></div><div style="line-height:120%;padding-bottom:4px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Premiums or discounts associated with the purchase of Agency interest-only securities, reverse mortgages and residential credit securities are amortized or accreted into interest income based upon current expected future cash flows with any adjustment to yield made on a prospective basis.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Premiums and discounts associated with the purchase of residential mortgage loans and with those transferred or pledged to securitization trusts are primarily amortized or accreted into interest income over their estimated remaining lives using the effective interest rates inherent in the estimated cash flows from the mortgage loans. Amortization of premiums and accretion of discounts are presented in Interest income in the Consolidated Statements of Comprehensive Income (Loss). </span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">If collection of a loan’s principal or interest is in doubt or the loan is 90 days or more past due, interest income is not accrued. For nonaccrual status loans carried at fair value or held for sale, interest is not accrued but is recognized on a cash basis. For nonaccrual status loans carried at amortized cost, if collection of principal is not in doubt but collection of interest is in doubt, interest income is recognized on a cash basis. If collection of principal is in doubt, any interest received is applied against principal until collectability of the remaining balance is no longer in doubt; at that point, any interest income is recognized on a cash basis. Generally, a loan is returned to accrual status when the borrower has resumed paying the full amount of the scheduled contractual obligation, if all principal and interest amounts contractually due are reasonably assured of repayment within a reasonable period of time and there is a sustained period of repayment performance by the borrower. See the Note “Interest Income and Interest Expense” for further discussion on interest.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">If interest receivable is deemed to be uncollectible or not collected within 90 days of its contractual due date for commercial loans or 120 days for corporate debt carried at amortized cost, it is written off through a reversal of interest income. Any interest written off that is recovered is recognized as interest income.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Refer to the “Interest Income and Interest Expense” Note for further discussion of interest income.</span></div>
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
114833580000 USD
CY2020Q1 nly Paymentsto Acquire Debt Securities Availableforsale Excluding Variable Interest Entity
PaymentstoAcquireDebtSecuritiesAvailableforsaleExcludingVariableInterestEntity
11925383000 USD
CY2020Q1 nly Proceedsfrom Saleof Debt Securities Availableforsale Excluding Variable Interest Entity
ProceedsfromSaleofDebtSecuritiesAvailableforsaleExcludingVariableInterestEntity
42333457000 USD
CY2020Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
4890854000 USD
CY2020Q1 nly Accretion Amortization Of Debt Securities Available For Sale
AccretionAmortizationOfDebtSecuritiesAvailableForSale
-616847000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-439791000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
79357596000 USD
CY2020Q1 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
77593064000 USD
CY2020Q1 nly Debt Securities Availableforsale Remaining Premium
DebtSecuritiesAvailableforsaleRemainingPremium
3913867000 USD
CY2020Q1 nly Debt Securities Availableforsale Remaining Discount
DebtSecuritiesAvailableforsaleRemainingDiscount
106340000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
76947610000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2896205000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
486219000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
79357596000 USD
CY2019Q4 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
113123301000 USD
CY2019Q4 nly Debt Securities Availableforsale Remaining Premium
DebtSecuritiesAvailableforsaleRemainingPremium
5353597000 USD
CY2019Q4 nly Debt Securities Availableforsale Remaining Discount
DebtSecuritiesAvailableforsaleRemainingDiscount
166320000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
112863385000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2261636000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
291441000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
114833580000 USD
CY2020Q1 nly Mortgage Backed Securities Sold Carrying Value
MortgageBackedSecuritiesSoldCarryingValue
41900000000 USD
CY2019Q1 nly Mortgage Backed Securities Sold Carrying Value
MortgageBackedSecuritiesSoldCarryingValue
10500000000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
539255000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
271998000 USD
CY2020Q1 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
267257000 USD
CY2019 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
2526000 USD
CY2019 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
95040000 USD
CY2019 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
-92514000 USD
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
99300000 USD
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
5700000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
137900000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
20100000 USD
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
4462350000 USD
CY2020Q1 nly Mortgage Loanson Real Estate Provision
MortgageLoansonRealEstateProvision
33253000 USD
CY2020Q1 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
1203394000 USD
CY2020Q1 us-gaap Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
1294348000 USD
CY2020Q1 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
134622000 USD
CY2020Q1 nly Mortgage Loanson Real Estate Gains Losses
MortgageLoansonRealEstateGainsLosses
-136583000 USD
CY2020Q1 nly Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Amortization Accretion Of Premium
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAmortizationAccretionOfPremium
-1251000 USD
CY2020Q1 us-gaap Notes Receivable Net
NotesReceivableNet
4068189000 USD
CY2020Q1 nly Held To Maturity Securities Corporate Debt
HeldToMaturitySecuritiesCorporateDebt
2150263000 USD
CY2019Q4 nly Held To Maturity Securities Corporate Debt
HeldToMaturitySecuritiesCorporateDebt
2144850000 USD
CY2020Q1 nly Held To Maturity Securities Corporate Debt
HeldToMaturitySecuritiesCorporateDebt
2150263000 USD
CY2019Q4 nly Held To Maturity Securities Corporate Debt
HeldToMaturitySecuritiesCorporateDebt
2144850000 USD
CY2019Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
378078000 USD
CY2018Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
557813000 USD
CY2020Q1 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-79224000 USD
CY2019Q1 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-43089000 USD
CY2020Q1 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-18296000 USD
CY2019Q1 us-gaap Servicing Asset At Fair Value Other Changes That Affect Balance
ServicingAssetAtFairValueOtherChangesThatAffectBalance
-13979000 USD
CY2020Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
280558000 USD
CY2019Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
500745000 USD
CY2020Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
0 USD
CY2020Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
35800000 USD
CY2019Q1 nly Number Of Real Estate Properties Purchased
NumberOfRealEstatePropertiesPurchased
0 property
CY2020Q1 nly Weighted Average Amortization Period
WeightedAverageAmortizationPeriod
P6Y3M18D
CY2020Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
740691000 USD
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
704354000 USD
CY2020Q1 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
92772000 USD
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
87532000 USD
CY2020Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
647919000 USD
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
616822000 USD
CY2020Q1 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
103819000 USD
CY2019Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
108816000 USD
CY2020Q1 us-gaap Real Estate Investments
RealEstateInvestments
751738000 USD
CY2019Q4 us-gaap Real Estate Investments
RealEstateInvestments
725638000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
36967000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
47136000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
43303000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
40605000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
36683000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
182098000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
386792000 USD
CY2020Q1 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
0 USD
CY2019Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
1199000 USD
CY2020Q1 us-gaap Derivative Assets
DerivativeAssets
238776000 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
113556000 USD
CY2020Q1 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
1244309000 USD
CY2019Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
706862000 USD
CY2020Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
1331188000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
803866000 USD
CY2020Q1 nly Gain Loss On Realized Interest Rate Swaps
GainLossOnRealizedInterestRateSwaps
-13980000 USD
CY2020Q1 nly Gain Loss On Termination Of Interest Rate Swaps
GainLossOnTerminationOfInterestRateSwaps
-397561000 USD
CY2020Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2827723000 USD
CY2019Q1 nly Gain Loss On Realized Interest Rate Swaps
GainLossOnRealizedInterestRateSwaps
134035000 USD
CY2019Q1 nly Gain Loss On Termination Of Interest Rate Swaps
GainLossOnTerminationOfInterestRateSwaps
-588256000 USD
CY2019Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-390556000 USD
CY2020Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
206426000 USD
CY2019Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-115159000 USD
CY2020Q1 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
1100000000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
71800000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
20957000 USD
CY2020Q1 nly Intangible Assets Acquired
IntangibleAssetsAcquired
6683000 USD
CY2020Q1 nly Intangible Assets Divested
IntangibleAssetsDivested
-110000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1052000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
26478000 USD
CY2020Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
72600000000 USD
CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
101700000000 USD
CY2020Q1 nly Repurchase Agreements Weighted Average Borrowing Rates
RepurchaseAgreementsWeightedAverageBorrowingRates
0.0191
CY2019Q4 nly Repurchase Agreements Weighted Average Borrowing Rates
RepurchaseAgreementsWeightedAverageBorrowingRates
0.0199
CY2020Q1 us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P48D
CY2019 us-gaap Repurchase Agreement Counterparty Weighted Average Maturity Of Agreements1
RepurchaseAgreementCounterpartyWeightedAverageMaturityOfAgreements1
P65D
CY2020Q1 nly Securities Soldunder Agreementsto Repurchase Maximum Available Under Counterparty Arrangements
SecuritiesSoldunderAgreementstoRepurchaseMaximumAvailableUnderCounterpartyArrangements
1600000000 USD
CY2020Q1 nly Securities Soldunder Agreementsto Repurchase Commitments Available
SecuritiesSoldunderAgreementstoRepurchaseCommitmentsAvailable
1200000000 USD
CY2020Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
72580183000 USD
CY2020Q1 nly Repurchase Agreements Weighted Average Rates
RepurchaseAgreementsWeightedAverageRates
0.0123
CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
101740728000 USD
CY2019Q4 nly Repurchase Agreements Weighted Average Rates
RepurchaseAgreementsWeightedAverageRates
0.0203
CY2020Q1 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">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 </span><span style="font-family:inherit;font-size:10pt;">March 31, 2020</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">December 31, 2019</span><span style="font-family:inherit;font-size:10pt;">. Refer to the “Derivative Instruments” Note for information related to the effect of netting arrangements on the Company’s derivative instruments.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:89.84375%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"/></tr><tr><td style="width:25%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Times New Roman;font-size:8pt;color:#ffffff;font-style:normal;font-weight:bold;text-decoration:none;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Times New Roman;font-size:8pt;color:#ffffff;font-style:normal;font-weight:bold;text-decoration:none;">March 31, 2020</span></div></td><td style="vertical-align:bottom;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Times New Roman;font-size:8pt;color:#ffffff;font-style:normal;font-weight:bold;text-decoration:none;">December 31, 2019</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Times New Roman;font-size:8pt;color:#ffffff;font-style:normal;font-weight:bold;text-decoration:none;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Times New Roman;font-size:8pt;color:#ffffff;font-style:normal;font-weight:bold;text-decoration:none;">Reverse Repurchase Agreements</span></div></td><td style="vertical-align:bottom;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Times New Roman;font-size:8pt;color:#ffffff;font-style:normal;font-weight:bold;text-decoration:none;">Repurchase Agreements</span></div></td><td style="vertical-align:bottom;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Times New Roman;font-size:8pt;color:#ffffff;font-style:normal;font-weight:bold;text-decoration:none;">Reverse Repurchase Agreements</span></div></td><td style="vertical-align:bottom;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#00316c;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-right:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Times New Roman;font-size:8pt;color:#ffffff;font-style:normal;font-weight:bold;text-decoration:none;">Repurchase Agreements</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#7d91a6;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Times New Roman;font-size:8pt;color:#ffffff;font-style:normal;font-weight:bold;text-decoration:none;"> </span></div></td><td colspan="15" style="vertical-align:bottom;background-color:#7d91a6;padding-left:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Times New Roman;font-size:8pt;color:#ffffff;font-style:normal;font-weight:bold;text-decoration:none;">(dollars in thousands)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">Gross amounts</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;"><span>1,000,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;"><span>73,580,183</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;"><span>100,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;"><span>101,840,728</span></span></div></td><td style="vertical-align:bottom;border-right:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#e5e5e5;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">Amounts offset</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#e5e5e5;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;"><span>(1,000,000</span></span></div></td><td style="vertical-align:bottom;background-color:#e5e5e5;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;background-color:#e5e5e5;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#e5e5e5;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;"><span>(1,000,000</span></span></div></td><td style="vertical-align:bottom;background-color:#e5e5e5;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">)</span></div></td><td style="vertical-align:bottom;background-color:#e5e5e5;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#e5e5e5;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;"><span>(100,000</span></span></div></td><td style="vertical-align:bottom;background-color:#e5e5e5;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#e5e5e5;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#e5e5e5;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;"><span>(100,000</span></span></div></td><td style="vertical-align:bottom;background-color:#e5e5e5;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">Netted amounts</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;"><span>72,580,183</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;"><span>101,740,728</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-right:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td colspan="16" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;border-right:1px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2020Q1 nly Securities For Reverse Repurchase Agreements Gross Amounts
SecuritiesForReverseRepurchaseAgreementsGrossAmounts
1000000000 USD
CY2020Q1 nly Securities Sold Under Agreements To Repurchase Gross Amounts
SecuritiesSoldUnderAgreementsToRepurchaseGrossAmounts
73580183000 USD
CY2019 nly Securities For Reverse Repurchase Agreements Gross Amounts
SecuritiesForReverseRepurchaseAgreementsGrossAmounts
100000000 USD
CY2019 nly Securities Sold Under Agreements To Repurchase Gross Amounts
SecuritiesSoldUnderAgreementsToRepurchaseGrossAmounts
101840728000 USD
CY2020Q1 nly Securities For Reverse Repurchase Agreements Amounts Offset
SecuritiesForReverseRepurchaseAgreementsAmountsOffset
1000000000 USD
CY2020Q1 nly Securities Sold Under Agreements To Repurchase Amounts Offset
SecuritiesSoldUnderAgreementsToRepurchaseAmountsOffset
1000000000 USD
CY2019 nly Securities For Reverse Repurchase Agreements Amounts Offset
SecuritiesForReverseRepurchaseAgreementsAmountsOffset
100000000 USD
CY2019 nly Securities Sold Under Agreements To Repurchase Amounts Offset
SecuritiesSoldUnderAgreementsToRepurchaseAmountsOffset
100000000 USD
CY2020Q1 us-gaap Securities For Reverse Repurchase Agreements
SecuritiesForReverseRepurchaseAgreements
0 USD
CY2020Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
72580183000 USD
CY2019Q4 us-gaap Securities For Reverse Repurchase Agreements
SecuritiesForReverseRepurchaseAgreements
0 USD
CY2019Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
101740728000 USD
CY2020Q1 nly Collateral Held On Repurchase Agreements After Effect Of Interest Rate Swaps Fair Value
CollateralHeldOnRepurchaseAgreementsAfterEffectOfInterestRateSwapsFairValue
80000000000.0 USD
CY2020Q1 nly Repurchase Agreements Accrued Interest
RepurchaseAgreementsAccruedInterest
254600000 USD
CY2019Q4 nly Collateral Held On Repurchase Agreements After Effect Of Interest Rate Swaps Fair Value
CollateralHeldOnRepurchaseAgreementsAfterEffectOfInterestRateSwapsFairValue
112800000000 USD
CY2019Q4 nly Repurchase Agreements Accrued Interest
RepurchaseAgreementsAccruedInterest
357900000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
2472000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
13197000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
20034000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3844000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
3980000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
446293000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
489820000 USD
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2914850000 shares
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2914850000 shares
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1430424398 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1430106199 shares
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1500000000 USD
CY2020Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2020Q1 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
0 shares
CY2019Q1 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
87000 shares
CY2020Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
0 USD
CY2019Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
892000 USD
CY2020Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
85150000 shares
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
85150000 shares
CY2020Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
81900000 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
81900000 shares
CY2020Q1 us-gaap Preferred Stock Value
PreferredStockValue
1982026000 USD
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
1982026000 USD
CY2020Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q1 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
357819000 USD
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
434627000 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
357606000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
434431000 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
CY2019Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.30
CY2020Q1 nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
410380000 USD
CY2019Q1 nly Interest Income Securities Mortgage Backed And Agency Debentures
InterestIncomeSecuritiesMortgageBackedAndAgencyDebentures
709774000 USD
CY2020Q1 nly Interest Income Residential Mortgage Loans
InterestIncomeResidentialMortgageLoans
47557000 USD
CY2019Q1 nly Interest Income Residential Mortgage Loans
InterestIncomeResidentialMortgageLoans
29991000 USD
CY2020Q1 nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
95676000 USD
CY2019Q1 nly Interest Income Commercial Real Estate Debt And Preferred Equity
InterestIncomeCommercialRealEstateDebtAndPreferredEquity
100952000 USD
CY2020Q1 us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
1413000 USD
CY2019Q1 us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
25469000 USD
CY2020Q1 us-gaap Interest Income Operating
InterestIncomeOperating
555026000 USD
CY2019Q1 us-gaap Interest Income Operating
InterestIncomeOperating
866186000 USD
CY2020Q1 nly Interest Paid On Repurchase Agreements
InterestPaidOnRepurchaseAgreements
434021000 USD
CY2019Q1 nly Interest Paid On Repurchase Agreements
InterestPaidOnRepurchaseAgreements
579514000 USD
CY2020Q1 nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
42119000 USD
CY2019Q1 nly Interest Expense Securitized Debt Of Consolidated Vie
InterestExpenseSecuritizedDebtOfConsolidatedVie
34207000 USD
CY2020Q1 us-gaap Interest Expense Other
InterestExpenseOther
27333000 USD
CY2019Q1 us-gaap Interest Expense Other
InterestExpenseOther
33974000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
503473000 USD
CY2019Q1 us-gaap Interest Expense
InterestExpense
647695000 USD
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
51553000 USD
CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
218491000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-3640189000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
-849251000 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
66000 USD
CY2019Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-101000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-3640255000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-849150000 USD
CY2020Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
35509000 USD
CY2019Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
32494000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3675764000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-881644000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1430994319 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1398614205 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1430994319 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1398614205 shares
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.57
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.63
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.57
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.63
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2020Q1 nly Percentage Of Taxable Income Required To Be Distributed While Operating As Reit
PercentageOfTaxableIncomeRequiredToBeDistributedWhileOperatingAsReit
1
CY2019Q1 nly Stockholders Equity Amount Used In Determining Monthly Management Fee
StockholdersEquityAmountUsedInDeterminingMonthlyManagementFee
17280000000 USD
CY2019Q1 nly Monthly Management Fee Percentage Of Stockholders Equity Over A Predetermined Amount Used In Calculating Total Management Fee
MonthlyManagementFeePercentageOfStockholdersEquityOverAPredeterminedAmountUsedInCalculatingTotalManagementFee
0.0075
CY2019Q1 nly Stockholders Equity Amount Used In Determining Monthly Management Fee
StockholdersEquityAmountUsedInDeterminingMonthlyManagementFee
17280000000 USD
CY2020Q1 nly Operating Lease Remaining Lease Term
OperatingLeaseRemainingLeaseTerm
P5Y
CY2020Q1 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
800000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
15140000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
19656000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y4M24D
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.029
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
928000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2871000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3918000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3862000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3862000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3862000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2895000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
21270000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1614000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
19656000 USD
CY2020Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD

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