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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Cash and cash equivalents $ 250,223 $ 83,998
Non-Agency RMBS, at fair value (net of allowance for credit losses of $36 million and $28 million, respectively) 1,010,995 1,064,169
Agency MBS, at fair value 2,675,280 519,218
Loans held for investment, at fair value 10,640,298 11,196,678
Accrued interest receivable 74,611 81,386
Other assets 211,822 170,924
Derivatives, at fair value 0 117
Total assets [1] 14,863,229 13,116,490
Liabilities:    
Secured financing agreements ($5.9 billion and $4.1 billion pledged as collateral, respectively, and includes $314 million and $319 million at fair value, respectively) 4,563,063 2,824,371
Securitized debt, collateralized by Non-Agency RMBS ($220 million and $229 million pledged as collateral, respectively) 68,278 71,247
Securitized debt at fair value, collateralized by Loans held for investment ($10.1 billion and $10.2 billion pledged as collateral, respectively) 6,970,800 6,984,495
Long term debt 135,211 134,646
Payable for investments purchased 387,909 454,730
Accrued interest payable 40,777 41,472
Dividends payable 34,650 34,265
Accounts payable and other liabilities 37,709 45,075
Derivatives, at fair value, net 301 0
Total liabilities [1] 12,238,698 10,590,301
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 810 809
Additional paid-in-capital 4,397,084 4,390,516
Accumulated other comprehensive income 152,435 159,449
Cumulative earnings 4,543,858 4,341,111
Cumulative distributions to stockholders (6,470,028) (6,366,068)
Total stockholders' equity 2,624,531 2,526,189
Total liabilities and stockholders' equity 14,863,229 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 June 30, 2025, and December 31, 2024, total assets of consolidated VIEs were $9,877,153 and $9,970,094, respectively, and total liabilities of consolidated VIEs were $7,358,139 and $6,766,505, respectively. See Note 9 for further discussion.

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