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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2019
Assets [1] $ 18,448,151,000 $ 27,118,671,000
Liabilities [1] 15,052,272,000 23,165,378,000
Allowance for credit losses $ 1,817,000 $ 0
Preferred stock, par value (usd per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (shares) 100,000,000 100,000,000
Common stock, par value (usd per share) $ 0.01 $ 0.01
Common stock, shares authorized (shares) 500,000,000 500,000,000
Common stock, shares issued (shares) 232,003,526 187,226,081
Common stock, shares outstanding (shares) 232,003,526 187,226,081
Non-Agency RMBS    
Allowance for credit losses $ 2,000,000 $ 0
Repurchase Agreements    
Securities pledged as collateral 7,439,374,000 15,399,244,000
Repurchase Agreements | Residential Mortgage-Backed Securities    
Securities pledged as collateral 7,800,000,000 15,400,000,000
Securitized Loans | Non-Agency RMBS    
Securities pledged as collateral 524,000,000 598,000,000
Securitized Loans | Loans Held for Investment at Fair Value    
Securities pledged as collateral $ 12,200,000,000 $ 12,100,000,000
Series A Preferred Stock    
Preferred stock, dividend rate (percent) 8.00% 8.00%
Preferred stock, shares issued (shares) 5,800,000 5,800,000
Preferred stock, shares outstanding (shares) 5,800,000 5,800,000
Preferred Stock, liquidation preference $ 145,000 $ 145,000
Series B Preferred Stock    
Preferred stock, dividend rate (percent) 8.00% 8.00%
Preferred stock, shares issued (shares) 13,000,000 13,000,000
Preferred stock, shares outstanding (shares) 13,000,000 13,000,000
Preferred Stock, liquidation preference $ 325,000 $ 325,000
Series C Preferred Stock    
Preferred stock, dividend rate (percent) 7.75% 7.75%
Preferred stock, shares issued (shares) 10,400,000 10,400,000
Preferred stock, shares outstanding (shares) 10,400,000 10,400,000
Preferred Stock, liquidation preference $ 260,000 $ 260,000
Series D Preferred Stock    
Preferred stock, dividend rate (percent) 8.00% 8.00%
Preferred stock, shares issued (shares) 8,000,000 8,000,000
Preferred stock, shares outstanding (shares) 8,000,000 8,000,000
Preferred Stock, liquidation preference $ 200,000 $ 200,000
Variable Interest Entities, Primary Beneficiary    
Assets 12,578,835,000 12,544,744,000
Liabilities 8,431,077,000 $ 8,064,235,000
Variable Interest Entities, Primary Beneficiary | Non-Agency RMBS    
Allowance for credit losses $ 216,000  
[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, 2020, and December 31, 2019, total assets of consolidated VIEs were $12,578,835 and $12,544,744, respectively, and total liabilities of consolidated VIEs were $8,431,077 and $8,064,235, respectively. See Note 8 for further discussion.