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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Cash and cash equivalents $ 97,326 $ 221,684
Non-Agency RMBS, at fair value (net of allowance for credit losses of $24 million and $19 million, respectively) 1,121,836 1,043,806
Agency MBS, at fair value 1,018,918 102,484
Loans held for investment, at fair value 11,283,775 11,397,046
Accrued interest receivable 76,952 76,960
Other assets 103,472 87,018
Derivatives, at fair value 97 0
Total assets [1] 13,702,376 12,928,998
Liabilities:    
Secured financing agreements ($4.6 billion and $3.6 billion pledged as collateral, respectively, and includes $339 million and $350 million at fair value, respectively) 3,228,748 2,432,115
Securitized debt, collateralized by Non-Agency RMBS ($241 million and $249 million pledged as collateral, respectively) 72,174 75,012
Securitized debt at fair value, collateralized by Loans held for investment ($10.7 billion and $10.7 billion pledged as collateral, respectively) 7,314,411 7,601,881
Long term debt 134,437 0
Payable for investments purchased 123,902 158,892
Accrued interest payable 39,797 38,272
Dividends payable 33,961 54,552
Accounts payable and other liabilities 17,634 9,355
Total liabilities [1] 10,965,064 10,370,079
Commitments and Contingencies (See Note 16)
Stockholders' Equity:    
Common stock: par value $0.01 per share; 166,667,667 shares authorized, 80,472,622 and 80,453,552 shares issued and outstanding, respectively 809 804
Additional paid-in-capital 4,378,750 4,370,130
Accumulated other comprehensive income 183,646 185,668
Cumulative earnings 4,487,623 4,165,046
Cumulative distributions to stockholders (6,313,888) (6,163,101)
Total stockholders' equity 2,737,312 2,558,919
Total liabilities and stockholders' equity 13,702,376 12,928,998
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 September 30, 2024, and December 31, 2023, total assets of consolidated VIEs were $10,453,181 and $10,501,840, respectively, and total liabilities of consolidated VIEs were $7,737,834 and $7,349,109, respectively. See Note 9 for further discussion.

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