v3.24.2.u1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Cash and cash equivalents $ 162,304 $ 221,684
Non-Agency RMBS, at fair value (net of allowance for credit losses of $24 million and $19 million, respectively) 1,051,971 1,043,806
Agency MBS, at fair value 503,295 102,484
Loans held for investment, at fair value 11,232,975 11,397,046
Accrued interest receivable 70,254 76,960
Other assets 106,210 87,018
Derivatives, at fair value 4,872 0
Total assets [1] 13,131,881 12,928,998
Liabilities:    
Secured financing agreements ($3.9 billion and $3.6 billion pledged as collateral, respectively, and includes $333 million and $374 million at fair value, respectively) 2,699,299 2,432,115
Securitized debt, collateralized by Non-Agency RMBS ($239 million and $249 million pledged as collateral, respectively) 72,121 75,012
Securitized debt at fair value, collateralized by Loans held for investment ($10.2 billion and $10.7 billion pledged as collateral, respectively) 7,078,991 7,601,881
Long term debt 62,424 0
Payable for investments purchased 464,038 158,892
Accrued interest payable 39,039 38,272
Dividends payable 61,256 54,552
Accounts payable and other liabilities 13,445 9,355
Total liabilities [1] 10,490,613 10,370,079
Commitments and Contingencies (See Note 16)
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 805 804
Additional paid-in-capital 4,375,538 4,370,130
Accumulated other comprehensive income 174,102 185,668
Cumulative earnings 4,351,164 4,165,046
Cumulative distributions to stockholders (6,260,713) (6,163,101)
Total stockholders' equity 2,641,268 2,558,919
Total liabilities and stockholders' equity 13,131,881 12,928,998
Senior Notes Due 2029 | Senior Notes    
Liabilities:    
Accrued interest payable 1,000  
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 June 30, 2024, and December 31, 2023, total assets of consolidated VIEs were $10,036,554 and $10,501,840, respectively, and total liabilities of consolidated VIEs were $7,505,465 and $7,349,109, respectively. See Note 9 for further discussion.

Source

10-Q PDF XBRL Zip