XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Assets:    
Cash and cash equivalents $ 90,671 $ 63,569
Non-Agency RMBS, at fair value 2,593,422 2,851,316
Agency MBS, at fair value 6,989,329 4,364,828
Loans held for investment, at fair value 13,246,521 13,678,263
Accrued interest receivable 106,877 100,789
Other assets 106,594 114,391
Derivatives, at fair value, net 129,341 48,914
Total assets [1] 23,262,755 21,222,070
Liabilities:    
Repurchase agreements ($10.6 billion and $8.8 billion, pledged as collateral, respectively) 9,127,048 7,250,452
Securitized debt, collateralized by Non-Agency RMBS ($1.3 billion and $1.6 billion pledged as collateral, respectively) 179,742 205,780
Securitized debt at fair value, collateralized by loans held for investment ($13.0 billion and $13.3 billion pledged as collateral, respectively) 9,340,368 9,388,657
Payable for investments purchased 784,425 567,440
Accrued interest payable 71,405 61,888
Dividends payable 95,807 95,365
Accounts payable and other liabilities 13,818 17,191
Derivatives, at fair value, net 0 320
Total liabilities [1] 19,612,613 17,587,093
Commitments and Contingencies (See Note 15)
Stockholders' Equity:    
Common stock: par value $0.01 per share; 300,000,000 shares authorized, 187,006,450 and 187,809,288 shares issued and outstanding, respectively 1,870 1,878
Additional paid-in-capital 3,816,631 3,826,691
Accumulated other comprehensive income 671,651 796,902
Cumulative earnings 3,324,968 2,967,852
Cumulative distributions to stockholders (4,165,166) (3,958,534)
Total stockholders' equity 3,650,142 3,634,977
Total liabilities and stockholders' equity 23,262,755 21,222,070
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 $ 130
[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 June 30, 2018 and December 31, 2017, total assets of consolidated VIEs were $14,455,778 and $14,987,464, respectively, and total liabilities of consolidated VIEs were $9,559,149 and $9,631,820, respectively. See Note 8 for further discussion.