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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets:    
Cash and cash equivalents $ 82,556 $ 177,714
Non-Agency RMBS, at fair value 3,228,391 3,330,063
Agency MBS, at fair value 4,101,851 4,167,754
Securitized loans held for investment, at fair value 12,713,273 8,753,653
Accrued interest receivable 99,669 79,697
Other assets 190,021 166,350
Derivatives, at fair value, net 10,889 9,677
Total assets [1] 20,426,650 16,684,908
Liabilities:    
Repurchase agreements ($7.3 billion and $7.0 billion, MBS pledged as collateral, respectively) 5,851,204 5,600,903
Securitized debt, collateralized by Non-Agency RMBS ($1.8 billion pledged as collateral) 303,389 334,124
Securitized debt at fair value, collateralized by loans held for investment ($12.7 billion and $8.8 billion pledged as collateral, respectively) 10,111,293 6,941,097
Payable for investments purchased 473,269 520,532
Accrued interest payable 67,596 48,670
Dividends payable 97,008 97,005
Accounts payable and other liabilities 9,176 16,694
Derivatives, at fair value 1,627 2,350
Total liabilities [1] 16,914,562 13,561,375
Commitments and Contingencies (See Note 15)
Stockholders' Equity:    
Common stock: par value $0.01 per share; 300,000,000 shares authorized, 187,779,489 and 187,739,634 shares issued and outstanding, respectively 1,878 1,877
Additional paid-in-capital 3,824,197 3,508,779
Accumulated other comprehensive income 727,711 718,106
Cumulative earnings 2,605,991 2,443,184
Cumulative distributions to stockholders (3,647,877) (3,548,471)
Total stockholders' equity 3,512,088 3,123,533
Total liabilities and stockholders' equity 20,426,650 16,684,908
Preferred Class A    
Stockholders' Equity:    
8.00% Series A cumulative redeemable: 5,800,000 shares issued and outstanding, respectively ($145,000 liquidation preference) 58 58
Preferred Class B    
Stockholders' Equity:    
8.00% Series A cumulative redeemable: 5,800,000 shares issued and outstanding, respectively ($145,000 liquidation preference) $ 130 $ 0
[1] The Company's consolidated statements of financial condition include assets of consolidated variable interest entities (“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 March 31, 2017 and December 31, 2016, total assets of consolidated VIEs were $14,693,307 and $10,761,954, respectively, and total liabilities of consolidated VIEs were $10,451,235 and $7,300,163, respectively. See Note 8 for further discussion.