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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Allowance for credit losses $ 28,397 $ 18,560
Stockholders' Equity:    
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (in shares) 100,000,000 100,000,000
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 166,666,667 166,666,667
Common stock, shares issued (in shares) 80,922,221 80,453,552
Common stock, shares outstanding (in shares) 80,922,221 80,453,552
Total assets of consolidated VIEs [1] $ 13,116,490 $ 12,928,998
Total liabilities of consolidated VIEs [1] 10,590,301 10,370,079
Variable Interest Entities, Primary Beneficiary    
Allowance for credit losses 10,000 6,000
Stockholders' Equity:    
Total assets of consolidated VIEs 9,970,094 10,501,840
Total liabilities of consolidated VIEs $ 6,766,505 $ 7,349,109
Series A Preferred Stock    
Stockholders' Equity:    
Preferred stock, dividend rate (percent) 8.00% 8.00%
Preferred stock, shares issued (in shares) 5,800,000 5,800,000
Preferred stock, shares outstanding (in shares) 5,800,000 5,800,000
Preferred Stock, liquidation preference $ 145,000 $ 145,000
Series B Preferred Stock    
Stockholders' Equity:    
Preferred stock, dividend rate (percent) 8.00% 8.00%
Preferred stock, shares issued (in shares) 13,000,000 13,000,000
Preferred stock, shares outstanding (in shares) 13,000,000 13,000,000
Preferred Stock, liquidation preference $ 325,000 $ 325,000
Series C Preferred Stock    
Stockholders' Equity:    
Preferred stock, dividend rate (percent) 7.75% 7.75%
Preferred stock, shares issued (in shares) 10,400,000 10,400,000
Preferred stock, shares outstanding (in shares) 10,400,000 10,400,000
Preferred Stock, liquidation preference $ 260,000 $ 260,000
Series D Preferred Stock    
Stockholders' Equity:    
Preferred stock, dividend rate (percent) 8.00% 8.00%
Preferred stock, shares issued (in shares) 8,000,000 8,000,000
Preferred stock, shares outstanding (in shares) 8,000,000 8,000,000
Preferred Stock, liquidation preference $ 200,000 $ 200,000
Non-Agency RMBS    
Allowance for credit losses 28,000 19,000
Non-Agency RMBS | Asset Pledged as Collateral | Securitized Loans    
Liabilities:    
MBS pledged as collateral at fair value on Secured financing agreements 229,000 249,000
Residential Mortgage-Backed Securities    
Liabilities:    
MBS pledged as collateral at fair value on Secured financing agreements 319,000 350,000
Residential Mortgage-Backed Securities | Asset Pledged as Collateral    
Liabilities:    
MBS pledged as collateral at fair value on Secured financing agreements 4,100,000 3,600,000
Loans held for investment, at fair value | Asset Pledged as Collateral | Securitized Loans    
Liabilities:    
MBS pledged as collateral at fair value on Secured financing agreements $ 10,200,000 $ 10,700,000
[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 December 31, 2024, and December 31, 2023, total assets of consolidated VIEs were $9,970,094 and $10,501,840, respectively, and total liabilities of consolidated VIEs were $6,766,505 and $7,349,109, respectively. See Note 9 for further discussion.