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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets:    
Cash and cash equivalents $ 63,569 $ 177,714
Non-Agency RMBS, at fair value 2,851,316 3,330,063
Agency MBS, at fair value 4,364,828 4,167,754
Loans held for investment, at fair value 13,678,263 8,753,653
Accrued interest receivable 100,789 79,697
Other assets 114,391 166,350
Derivatives, at fair value, net 48,914 9,677
Total assets [1] 21,222,070 16,684,908
Liabilities:    
Repurchase agreements ($8.8 billion and $7.0 billion, pledged as collateral, respectively) 7,250,452 5,600,903
Securitized debt, collateralized by Non-Agency RMBS ($1.6 billion and $1.8 billion pledged as collateral, respectively) 205,780 334,124
Securitized debt at fair value, collateralized by loans held for investment ($13.3 billion and $8.8 billion pledged as collateral, respectively) 9,388,657 6,941,097
Payable for investments purchased 567,440 520,532
Accrued interest payable 61,888 48,670
Dividends payable 95,365 97,005
Accounts payable and other liabilities 17,191 16,694
Derivatives, at fair value 320 2,350
Total liabilities [1] 17,587,093 13,561,375
Commitments and Contingencies (See Note 15)
Stockholders' Equity:    
Common stock: par value $0.01 per share; 300,000,000 shares authorized, 187,809,288 and 187,739,634 shares issued and outstanding, respectively 1,878 1,877
Additional paid-in-capital 3,826,691 3,508,779
Accumulated other comprehensive income 796,902 718,106
Cumulative earnings 2,967,852 2,443,184
Cumulative distributions to stockholders (3,958,534) (3,548,471)
Total stockholders' equity 3,634,977 3,123,533
Total liabilities and stockholders' equity 21,222,070 16,684,908
Preferred Class A    
Stockholders' Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: 58 58
Preferred Class B    
Stockholders' Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: $ 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 December 31, 2017 and December 31, 2016, total assets of consolidated VIEs were $14,987,464 and $10,761,954, respectively, and total liabilities of consolidated VIEs were $9,631,820 and $7,302,905, respectively. See Note 8 for further discussion.