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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Allowance for credit losses $ 31,785 $ 28,397
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) 80,970,256 80,922,221
Common stock, shares outstanding (in shares) 80,970,256 80,922,221
Total assets of consolidated VIEs [1] $ 13,205,326 $ 13,116,490
Total liabilities of consolidated VIEs [1] 10,561,262 10,590,301
Variable Interest Entities, Primary Beneficiary    
Allowance for credit losses 11,000 10,000
Stockholders' Equity:    
Total assets of consolidated VIEs 10,130,294 9,970,094
Total liabilities of consolidated VIEs $ 6,990,372 $ 6,766,505
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
Residential Mortgage-Backed Securities    
Liabilities:    
MBS pledged as collateral at fair value on Secured financing agreements 321,000 319,000
Residential Mortgage-Backed Securities | Asset Pledged as Collateral    
Liabilities:    
MBS pledged as collateral at fair value on Secured financing agreements 4,200,000 4,100,000
Non-Agency RMBS    
Allowance for credit losses 32,000 28,000
Non-Agency RMBS | Asset Pledged as Collateral | Securitized Loans    
Liabilities:    
MBS pledged as collateral at fair value on Secured financing agreements 225,000 229,000
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 $ 10,300,000 $ 10,200,000
[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 March 31, 2025, and December 31, 2024, total assets of consolidated VIEs were $10,130,294 and $9,970,094, respectively, and total liabilities of consolidated VIEs were $6,990,372 and $6,766,505, respectively. See Note 9 for further discussion.