ANNALY CAPITAL MANAGEMENT INC NLY Cash Flow

Annaly capital management inc (NLY)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09	Sep'08	Jun'08
Net income (loss)
-3,640	1,209	-747	-1,776	-849	-2,254	385	595	1,327	746	367	14	440	1,848	730	-278	-868	669	-627	900	-476	-658	354	-335	-203	1,028	192	1,638	870	700	224	-91	901	445	-921	120	699	1,218	-14	-218	281	285	597	302	307
Cash flows from operating activities:
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Net income attributable to non controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Amortization of premiums and discounts of investments, net
-618	-169	-373	-323	-246	-218	-184	-196	-92	-204	-218	-248	-201	26	-213	-265	-355	-159	-255	-94	-284	-198	-197	-149	-118	-30	-201	-320	-421	-432	-455	-302	-280	-292	-200	-126	-174	-207	-155	-137	-164	-75	-58	-18	26
Amortization of securitized debt premiums and discounts and deferred financing costs
2	0	0	7	3	4	-1	0	-0	2	-0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, amortization and other noncash expenses
7	7	7	9	7	8	50	7	5	6	6	7	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gains) losses on sale of commercial real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gains) losses on disposals of investments and other
206	17	66	-38	-93	-747	-324	-66	13	7	-11	-5	5	8	14	11	-1	-7	4	3	62	3	4	5	80	49	43	147	182	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gains) losses on investments and derivatives
-3,749	734	-344	-1,787	-458	-1,816	472	329	878	593	143	-175	173	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of trading securities premiums and discounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net (gains) losses on sales of Agency mortgage-backed securities and debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	147	-	-	142	94	80	-	91	7	27	33	61	39	46	0	2	-1	2
Net loss on extinguishment of 4% Convertible Senior Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-87	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	1	0	0	0	0	0	-	-	-	-	0	0	0	0	1	0	1	1	1	1	1	1	1	1	1	1	0	1	0	0
Impairment of goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	23	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on previously held equity interest in CreXus
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized (gains) losses on interest rate swaps
-	-	-	-	-	-	-	-	-	-	-	-	-	-	256	-373	-1,031	463	-822	700	-466	-873	98	175	-348	561	6	1,109	325	341	-104	-611	341	-12	-1,505	-466	169	839	-448	-593	-116	-128	230	0	0
Net unrealized (gains) losses on investments measured at fair value through earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	29	-54	0	-62	-24	17	-33	-29	-37	2	-20	60	-7	111	80	-31	-33	-26	30	-	-39	0	-	-	-	-	-	-	-	-	-
Income from unconsolidated joint ventures
0	-3	-0	-0	-1	3	-1	-4	-0	-0	-0	-0	-1	0	-0	-1	-3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Loan loss provision
99	7	3	0	5	3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of commercial real estate investment premiums and discounts, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	0	0	0	0	0	-0	-0	0	-0	-	0	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	5	2	2	1	2	1	0	0	0	0	0	1	0	0	2	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	1	2	1	2	2	2	2	2	2	2	2	2	1	0	0	0	0	0	0	0	0	0	-	-	-	-
Amortization of net origination fees and costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	1	0	1	1	1	1	1	1	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of contingent beneficial conversion feature and equity component of Convertible Senior Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	11	13	9	7	6	5	4	3	3	2	1	6	7	-	1	-	-	-	-	-	-	-	-	-	-
Depreciation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	6	4	3	3	2	2	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on purchases of loans held for sale
54	54	61	85	49	36	81	73	37	78	161	14	54	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions of cumulative earnings from unconsolidated joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-0	-0	-0	-0	-0	0	-	-	-
Net (gains) losses on trading assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	162	81	125	42	108	-114	-6	-57	4	-46	-146	41	-96	70	-14	15	1	1	2	6	1	-5	18	-	1	0	-	-	-	-	-
Proceeds from sales and repayments of loans held for sale
61	62	106	69	44	33	17	16	30	80	153	32	144	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from securities borrowed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3,895	19,993	55,046	77,834	76,474	53,799	28,539	26,397	12,741	6,683	12,362	12,445	1,459	993	934	877	635	476	-	-	-	-
Proceeds from repurchase agreements on from broker dealer
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Payments on repurchase agreements, broker dealer
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Proceeds from reverse repurchase agreements of RCap
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	128,504	84,402	-	-	113,457	130,785	54,896	24,356	27,610	48,545	56,147	58,076	20,927	6,235	2,727	1,402	589	0	0
Payments on reverse repurchase agreements of RCap
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	128,379	79,653	-	-	113,053	130,254	56,577	24,867	27,359	47,785	56,488	58,325	21,376	6,012	2,764	1,528	637	-	-
Proceeds from reverse repurchase agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	168	267	-	-	185	129	93	-	58	7	-	-	-	-	-	-	-	-	-
Payments on reverse repurchase agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	152	255	-	-	177	145	92	-	76	12	-	-	-	-	-	-	-	-	-
Payments on securities borrowed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3,381	17,924	54,189	78,849	76,211	54,326	29,097	26,534	13,084	6,877	12,238	12,978	1,610	1,145	899	886	817	507	-	-	-	-
Proceeds from securities loaned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	4,760	37,178	112,680	156,424	105,005	110,725	60,473	59,324	33,856	32,002	39,223	12,398	1,328	1,175	864	996	810	559	-	-	-	-
Payments on securities loaned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	5,274	39,192	113,452	155,409	105,051	110,203	59,914	59,188	33,620	31,931	39,325	11,938	1,241	1,033	897	987	628	528	-	-	-	-
Proceeds from U.S. Treasury securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,159	32,292	48,927	39,150	21,683	19,844	13,085	15,289	15,808	21,673	-5,303	4,674	8,123	-	3,075	376	-	-	-	-	-
Payments on U.S. Treasury securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,920	31,269	49,195	38,397	22,157	19,497	13,407	17,754	14,086	21,317	-5,716	4,691	8,198	-	3,075	436	-	-	-	-	-
Net receipts (payments) on derivatives
-2,680	621	-509	-1,418	-633	-1,039	232	335	951	499	64	-58	-738	-191	-172	104	91	47	123	-49	-66	-35	-5	-2	-90	-107	18	-42	-1	7	-0	-18	0	-11	1	1	0	-	1	1	-	-	-	-	-
Net change in
Other assets
-105	-5	24	-86	107	1	-198	56	42	28	-34	12	52	37	7	-0	66	-4	13	13	2	0	-7	12	-3	-8	-6	-3	14	8	3	-8	5	-0	4	-64	64	-0	-15	-22	33	3	-0	-0	1
Due to / from brokers
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	0	0	0	-8	-	-0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in trading sales receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Unrealized (appreciation) depreciation on trading investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0
Loss on other-than-temporarily impaired securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-31	-
Interest receivable
-115	-7	17	45	29	11	9	-3	2	34	25	-5	-3	-13	-10	-4	1	4	-6	-17	-28	-5	1	9	16	-21	-45	-51	-22	-10	4	1	10	1	22	-8	48	2	22	3	-1	25	13	-2	-17
Proceeds from securities sold, not yet purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	4
Receivable for investment advisory income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	-6	0	-0	2	1	-0	-0	-3	-0	-2	-4	-2	-0	1	0	-0	-0	3	0	1	1	1	-0	2	3	-1	-0
Purchase of trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-11
Proceeds from sale of trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	0
Purchase of equity trading securities sold, not yet purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	-1
Interest payable
-215	-89	-125	266	-146	171	-101	193	31	21	45	3	19	-9	8	-4	12	6	13	-23	-25	0	22	-12	25	-1	-1	-11	-11	5	6	45	-9	10	5	9	-2	1	14	11	-1	-4	-9	13	-17
Other liabilities
20	-2	7	8	18	-48	-0	-3	-132	92	44	-72	-15	66	-47	-2	26	-15	3	10	3	-1	6	-17	13	-19	-35	32	26	-72	-11	36	50	-67	-4	-0	70	-42	17	-36	60	-2	16	-10	16
Payment on reverse repo from broker dealer
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net cash provided by (used in) operating activities
-2,023	1,195	-709	-743	-942	-401	733	957	1,332	902	616	335	-222	747	-1,032	1,999	-133	-0	942	456	-5,041	1,329	-1,078	1,576	4,300	-6,000	810	-3,820	-3,882	352	3,597	-1,305	4,994	-1,627	1,667	-2,576	4,956	4,145	529	4,367	1,821	4,504	2,910	366	305
Cash flows from investing activities
Payments on purchases of securities
11,526	11,503	7,716	25,101	18,472	27,570	9,743	3,590	3,718	14,435	18,170	5,638	2,043	11,900	6,540	2,443	4,644	6,530	4,534	3,572	5,065	10,728	6,176	12,355	9,367	7,542	5,330	8,499	17,699	26,643	21,398	18,020	20,099	19,720	17,054	5,632	26,657	15,645	12,662	17,120	8,995	-	-	-	-
Proceeds from sales of securities
41,132	5,893	6,523	5,233	7,863	23,698	6,192	2,902	463	1,803	6,969	2,841	1,787	3,758	4,721	411	3,596	2,720	3,802	4,305	13,973	7,124	4,153	5,220	6,155	11,608	13,775	13,459	15,484	12,816	7,810	5,145	4,770	10,335	3,568	2,035	3,397	3,746	1,284	2,257	1,974	605	147	3,160	1,497
Purchase of Mortgage-Backed Securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,805	5,422	4,056	6,802
Principal payments on securities
4,900	5,992	5,100	3,676	2,386	2,669	3,031	2,968	2,696	3,044	3,124	2,893	2,952	3,889	3,964	2,669	1,946	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of purchases of loans
1,148	954	719	308	664	556	356	205	167	259	156	136	375	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on Agency mortgage-backed securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,469	2,745	2,596	2,367	2,375	1,894	1,675	2,197	4,487	6,548	8,514	9,935	9,943	7,877	7,376	9,136	5,074	3,804	5,549	6,653	5,569	10,547	6,190	4,016	3,511	1,761	2,793
Payments on purchases of MSRs
-	-	-	-	-	0	0	0	0	0	1	2	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Agency debentures called
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,300	847	623	327	698	151	217	288	23	594	-	349	874	-	-	-	0	0
Payments on purchases of corporate debt
-	-	-	-	-	497	279	234	230	318	121	160	91	74	79	64	181	95	114	124	63	-	-	41	28	-	16	19	3	-	23	9	-	-	-	7	-	-	-	-	-	-	-	-	-
Proceeds from corporate debt called
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	-	-	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of loans
271	0	30	56	179	0	0	0	0	-295	41	209	44	18	32	35	30	32	1	40	1	-	-	35	1	-	2	0	0	2	0	0	1	0	0	0	0	-	-	-	-	-	-	-	-
Principal payments on loans
471	225	56	-589	676	143	8	133	92	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of commercial real estate debt investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	76	43	91	90	185	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales of commercial real estate debt investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of Agency debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	623	0	0
Purchases of securitized loans at fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,489	0	0	1,204	1,370	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in real estate
1	680	180	432	5	117	339	266	91	-	-	-	-	1,714	15	9	179	-346	169	119	61	39	34	46	125	-	333	230	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of real estate
0	0	0	187	6	15	106	18	9	0	0	0	11	-	-	-	-	-	-	-	-	-	-	-	20	-	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal repayments on commercial real estate investments
-	-	-	-	-	1,025	83	264	130	817	262	218	370	845	9	60	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on securitized loans at fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	54	0	52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on commercial real estate investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	83	50	351	117	6	238	82	78	408	-101	-69	-	-29	-20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of real estate
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized gain on trading investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-1
Unrealized (gains) losses on equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-	-	-	-	-	-	-	-	-	-
Proceeds from repurchase agreements of RCap
-	-	-	-	-	-	-	-	-	-	-	-	-	-	585,050	610,375	466,225	582,172	552,250	509,400	386,000	133,890	216,575	201,565	329,649	426,571	486,882	302,192	237,569	223,795	168,905	213,985	127,052	157,155	157,069	260,778	302,730	332,045	365,003	321,240	250,140	172,113	25,947	0	-
Payments on repurchase agreements of RCap
-	-	-	-	-	-	-	-	-	-	-	-	-	-	586,350	608,925	466,825	582,322	551,350	509,400	391,250	132,940	218,175	200,064	324,602	433,898	486,435	312,346	238,600	224,315	166,150	214,067	122,741	159,339	156,683	264,821	297,961	328,036	364,576	317,501	248,827	167,933	23,403	0	-
Proceeds from reverse repurchase agreements
27,150	19,900	18,893	31,439	28,107	15,301	28,768	21,198	20,050	17,395	11,325	17,940	21,015	12,600	18,690	15,150	14,550	13,075	12,950	11,600	15,325	-	-	-	35,181	132,220	128,672	84,670	105,335	-	-	-	-	-	-	-	-	0	0	0	4,291	-5,040	-901	0	-750
Payments on reverse repurchase agreements
27,150	19,900	18,893	30,915	27,980	14,716	28,804	21,257	20,250	17,395	11,325	17,940	21,015	12,600	18,690	15,150	14,550	13,075	12,950	11,500	15,325	-	-	-	35,526	132,289	128,532	79,908	108,458	-	-	-	-	-	-	-	-	0	0	0	4,032	-5,070	-572	-569	0
Purchases of investments in real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions in excess of cumulative earnings from unconsolidated joint ventures
6	1	1	0	0	20	1	1	2	1	1	2	2	0	2	1	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from repayments of residential mortgage loans held for investment
-	-	-	-	-	96	97	86	67	54	45	57	28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gains (losses) on other derivative securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	-	-	-	-	-	-	-	-
Earn out payment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	13	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7	-	-	-	-	-	-	-	14	-	-	-	-	-	-	-	-
Purchase of investment in affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	-	-	-	-	-	-	90	0	0
Purchase of customer relationships
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	-	-	-	-	-	-	-	-
Payments on purchases of equity securities
-	-	-	-	-	-	-	-	-	0	0	0	2	0	0	0	88	74	19	4	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	67	-	0	-
Proceeds from sale of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	-	-	-3	-	-	-	-	-	-	-	-	-	-
Originations and purchases of commercial real estate related assets
-	-	-	-	-	-	-	-	-	-	219	26	142	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid related to asset acquisition, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	724	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
34,104	-876	3,250	-15,111	-7,903	-488	-1,493	2,019	-945	-9,240	-8,219	258	2,535	-4,269	2,148	721	-663	-1,640	1,590	2,249	9,945	-1,373	392	-5,222	-1,599	5,882	12,634	11,879	7,151	-3,254	-3,320	-4,305	-7,812	-52	-8,126	160	-17,100	-4,373	-5,458	-3,442	-571	-4,280	-2,147	296	-1,761
Cash flows from financing activities
Proceeds from repurchase agreements and other secured financing
1,126,771	1,194,796	1,468,012	1,396,454	1,411,469	1,250,972	1,138,519	1,428,074	1,299,589	1,100,919	892,468	829,823	783,704	2,323,997	42,878	41,752	43,970	46,076	50,377	48,043	57,776	47,805	49,081	48,756	49,726	59,555	97,112	123,341	101,631	93,502	91,857	84,206	82,930	72,396	72,790	62,388	65,447	58,056	55,726	53,484	57,522	80,062	92,570	115,322	108,736
Payments on repurchase agreements and other secured financing
1,158,603	1,195,747	1,470,173	1,379,844	1,404,070	1,248,854	1,138,420	1,430,399	1,299,277	1,092,529	885,607	830,135	786,209	2,319,015	44,085	43,782	45,153	46,145	52,287	51,060	63,410	47,004	48,243	44,428	52,010	59,658	109,746	132,114	103,063	91,229	90,340	79,085	79,618	72,610	65,127	59,883	55,765	57,572	51,499	54,621	59,649	79,726	92,738	116,086	-108,221
Net proceeds from Series C Preferred offering
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	290	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of 5% Convertible Senior Notes offering
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	727	-	-	-	-	-	-	0	0	582	-	-	-	-
Payments on maturity of convertible senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	750	107	-	-	-	-	-	-	-	-	-	357	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from other secured financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	212	0	2,146	1,866	484	113	90	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on other secured financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-31	0	-402	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuances of securitized debt
1,394	1,413	415	709	905	332	308	0	279	0	0	0	0	0	0	0	1,381	0	0	1,114	1,267	0	0	0	260	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on securitized debt
276	253	280	935	561	769	126	170	317	688	78	58	197	69	109	66	96	2	46	0	37	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of deferred financing cost
0	7	0	2	1	1	0	0	0	0	0	0	1	0	0	2	0	1	0	0	0	2	0	0	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	0	2	0	3	1	1	1	3	2	1	1	0	1	0	0	0	0
Net proceeds from direct purchases and dividend reinvestments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	1	0	-	-0	0	454	1	161	0	0	115	141	-	22	16
Net proceeds from stock offerings, direct purchases and dividend reinvestments
0	0	41	468	1,319	0	1,070	48	412	844	1,501	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (payments) proceeds from follow-on offerings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	0	-0	0	2,410	0	2,941	-	1,047	-	-	-	-	-	-
Principal payments on participation sold
-	-	-	-	-	-	-	-	-	0	0	12	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on mortgages payable
0	0	12	11	0	0	0	0	0	2	0	0	0	16	0	7	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from follow-on offerings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,066
Net proceeds from ATM programs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net contributions (distributions) from (to) noncontrolling interests
-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Redemptions of preferred stock
-	-	-	-	-	0	0	0	412	0	185	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net payments on share repurchases
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	102	-	-	-	-	-	-	-	-	0	0	0	141	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
393	395	400	466	426	135	644	379	381	367	327	329	329	293	333	295	298	302	302	302	302	302	302	302	302	349	414	426	450	506	545	540	556	585	544	502	408	426	385	368	419	331	276	301	230
Net cash provided by (used in) financing activities
-31,108	-262	-2,729	16,315	8,632	1,543	707	-2,825	-109	8,176	7,769	-712	-3,033	2,679	-1,469	-2,401	1,443	1,173	-2,080	-2,841	-4,724	606	544	4,041	-2,329	-452	-13,048	-9,196	-2,022	1,252	1,062	5,602	2,756	-799	9,530	2,461	12,218	221	4,891	-1,503	-1,848	146	-445	-1,041	1,368
Net (decrease) increase in cash and cash equivalents
972	56	-188	459	-213	653	-52	151	277	-161	167	-118	-720	-842	-353	319	646	-468	452	-135	179	562	-142	396	371	-570	397	-1,137	1,246	-1,649	1,340	-8	-61	-2,479	3,072	44	74	-6	-38	-577	-598	370	317	-378	-86
Supplemental disclosure of cash flow information
Interest received
1,260	1,228	1,287	1,216	1,079	1,047	966	862	1,017	987	877	794	787	770	741	729	726	724	699	725	815	853	836	848	769	826	942	1,078	1,188	1,203	1,203	1,186	1,125	1,141	1,107	1,089	971	-	-	-	-	-	-	-	-
Dividends received
2	2	2	2	2	2	2	1	1	-	-	-	-	-	-	-	-	0	4	4	4	4	4	4	13	4	4	6	7	7	6	7	8	8	8	7	7	-	-	-	-	-	-	-	-
Investment advisory income received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	10	9	10	8	6	6	6	-8	29	14	18	21	21	20	20	20	20	17	16	-	-	-	-	-	-	-	-
Interest paid (excluding interest paid on interest rate swaps)
575	861	763	644	633	567	419	419	320	293	239	231	223	183	158	154	127	113	96	93	124	125	103	148	118	139	163	168	184	171	173	115	134	110	116	105	123	-	288	-	-	-	-	-	-
Net interest paid on interest rate swaps
171	-226	93	-224	34	242	-102	-180	39	104	68	118	77	121	134	128	152	161	145	128	176	171	161	228	250	236	206	215	226	227	224	220	220	231	229	215	200	-	200	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	269	277	312	332	444	460
Taxes received (paid)
0	2	0	0	-0	-0	-0	0	0	-4	1	1	0	0	0	0	0	0	0	1	0	1	1	2	2	3	0	4	2	6	17	7	21	17	17	3	22	13	11	6	5	9	11	8	9
Noncash investing activities
Net change in unrealized gains (losses) on available-for-sale securities, net of reclassification adjustment
983	-175	948	1,684	1,660	1,843	-388	-434	-1,874	-485	210	275	-40	-2,205	2	476	1,017	-640	617	-1,128	569	1,172	-395	1,516	660	-1,294	-165	-3,292	-1,049	-1,016	656	646	-242	-64	1,023	1,040	-155	-712	-662	652	-3	597	240	-182	-142
Noncash financing activities
Conversion of Series B cumulative preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	32	1	6	0	0	15	7	0	0	0	0	-	-
Contingent beneficial conversion feature on 4% Convertible Senior Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	4	3	41	-26	23	23	-	44	-	-	-	-	-	-	-	-	-	-
Equity component of 5% Convertible Senior Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	11	-	-	-	-	-	-	-	-	-	-	-	-	-