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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Cash and cash equivalents $ 109,878 $ 47,486
Non-Agency RMBS, at fair value 2,614,408 2,486,130
Agency RMBS, at fair value 6,490,293 9,240,057
Agency CMBS, at fair value 2,850,717 2,948,893
Loans held for investment, at fair value 14,292,815 12,572,581
Receivable for investments sold 446,225 0
Accrued interest receivable 116,423 123,442
Other assets 194,301 252,582
Derivatives, at fair value, net 3,611 37,468
Total assets [1] 27,118,671 27,708,639
Liabilities:    
Repurchase agreements ($15.4 billion and $15.8 billion pledged as collateral, respectively) 13,427,545 14,030,465
Securitized debt, collateralized by Non-Agency RMBS ($598 million and $1.0 billion pledged as collateral, respectively) 133,557 159,955
Securitized debt at fair value, collateralized by loans held for investment ($12.1 billion and $12.3 billion pledged as collateral, respectively) 8,179,608 8,455,376
Payable for investments purchased 1,256,337 1,136,157
Accrued interest payable 63,600 110,402
Dividends payable 98,568 95,986
Accounts payable and other liabilities 6,163 16,469
Total liabilities [1] 23,165,378 24,004,810
Commitments and Contingencies (See Note 15)
Stockholders' Equity:    
Common stock: par value $0.01 per share; 500,000,000 and 300,000,000 shares authorized, 187,226,081 and 187,052,398 shares issued and outstanding, respectively 1,873 1,871
Additional paid-in-capital 4,275,963 4,072,093
Accumulated other comprehensive income 708,336 626,832
Cumulative earnings 3,793,040 3,379,489
Cumulative distributions to stockholders (4,826,291) (4,376,748)
Total stockholders' equity 3,953,293 3,703,829
Total liabilities and stockholders' equity 27,118,671 27,708,639
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 $ 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, 2019, and December 31, 2018, total assets of consolidated VIEs were $12,544,744 and $13,392,951, respectively, and total liabilities of consolidated VIEs were $8,064,235 and $8,652,158, respectively. See Note 8 for further discussion.