v3.25.4
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Cash and cash equivalents $ 278,582 $ 83,998
Non-Agency RMBS, at fair value (net of allowance for credit losses of $43 million and $28 million, respectively) 817,280 1,064,169
Agency MBS, at fair value 3,463,485 519,218
Loans held for investment, at fair value 9,803,615 11,196,678
Loans held-for-sale, at fair value 896,117 0
Accrued interest receivable 78,691 81,386
Other assets 408,291 170,924
Interests in MSR financing receivables 37,294 0
Derivatives, at fair value, net 25,187 117
Total assets [1] 15,808,542 13,116,490
Liabilities:    
Secured financing agreements ($7.4 billion and $4.1 billion pledged as collateral, respectively, and includes $299 million and $319 million at fair value, respectively) 6,031,182 2,824,371
Securitized debt, collateralized by Non-Agency RMBS ($210 million and $229 million pledged as collateral, respectively) 66,579 71,247
Securitized debt at fair value, collateralized by Loans held for investment ($9.4 billion and $10.2 billion pledged as collateral, respectively) 6,721,302 6,984,495
Long term debt 251,528 134,646
Payable for investments purchased 3,267 454,730
Accrued interest payable 43,032 41,472
Dividends payable 34,891 34,265
Accounts payable and other liabilities 82,308 45,075
Derivatives, at fair value, net 1,759 0
Total liabilities [1] 13,235,848 10,590,301
Commitments and Contingencies (See Note 18)
Stockholders' Equity:    
Common stock: par value $0.01 per share; 166,667,667 shares authorized, 80,472,622 and 80,453,552 shares issued and outstanding, respectively 834 809
Additional paid-in-capital 4,429,009 4,390,516
Accumulated other comprehensive income 146,295 159,449
Cumulative earnings 4,571,610 4,341,111
Cumulative distributions to stockholders (6,575,426) (6,366,068)
Total stockholders' equity 2,572,694 2,526,189
Total liabilities and stockholders' equity 15,808,542 13,116,490
Series A Preferred Stock    
Stockholders' Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: 58 58
Series B Preferred Stock    
Stockholders' Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: 130 130
Series C Preferred Stock    
Stockholders' Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: 104 104
Series D Preferred Stock    
Stockholders' Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: $ 80 $ 80
[1] The Company's Consolidated Statements of Financial Condition include assets of consolidated variable interest entities, or VIEs, that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (Chimera Investment Corporation). As of December 31, 2025, and December 31, 2024, total assets of consolidated VIEs were $9,215,343 and $9,970,094, respectively, and total liabilities of consolidated VIEs were $6,533,891 and $6,766,505, respectively. See Note 10 for further discussion.

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