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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Cash and cash equivalents $ 165,728 $ 385,741
Non-Agency RMBS, at fair value (net of allowance for credit losses of $453 thousand and $213 thousand, respectively) 1,458,887 1,810,208
Agency RMBS, at fair value 74,104 60,487
Agency CMBS, at fair value 503,231 761,208
Loans held for investment, at fair value 12,905,280 12,261,926
Accrued interest receivable 72,418 69,513
Other assets 61,531 58,320
Total assets [1] 15,241,179 15,407,403
Liabilities:    
Secured financing agreements ($4.5 billion and $4.4 billion pledged as collateral, respectively) 3,424,405 3,261,613
Securitized debt, collateralized by Non-Agency RMBS ($337 million and $365 million pledged as collateral, respectively) 84,188 87,999
Securitized debt at fair value, collateralized by Loans held for investment ($11.4 billion and $11.0 billion pledged as collateral, respectively) 8,010,170 7,726,043
Payable for investments purchased 259,796 477,415
Accrued interest payable 21,422 20,416
Dividends payable 86,560 86,152
Accounts payable and other liabilities 17,910 11,574
Total liabilities [1] 11,904,451 11,671,212
Commitments and Contingencies (See Note 15)
Stockholders' Equity:    
Common stock: par value $0.01 per share; 500,000,000 shares authorized, 232,190,087 and 187,226,081 shares issued and outstanding, respectively 2,370 2,370
Additional paid-in-capital 4,360,340 4,359,045
Accumulated other comprehensive income 364,099 405,054
Cumulative earnings 4,289,214 4,552,008
Cumulative distributions to stockholders (5,679,667) (5,582,658)
Total stockholders' equity 3,336,728 3,736,191
Total liabilities and stockholders' equity 15,241,179 15,407,403
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 $ 80
[1] The Company's consolidated statements of financial condition include assets of consolidated variable interest entities, or 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, 2022, and December 31, 2021, total assets of consolidated VIEs were $11,025,170 and $10,666,591, respectively, and total liabilities of consolidated VIEs were $7,564,121 and $7,223,655, respectively. See Note 9 for further discussion.