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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Cash and cash equivalents $ 168,958 $ 221,684
Non-Agency RMBS, at fair value (net of allowance for credit losses of $20 million and $19 million, respectively) 1,059,863 1,043,806
Agency MBS, at fair value 65,999 102,484
Loans held for investment, at fair value 11,074,519 11,397,046
Accrued interest receivable 81,147 76,960
Other assets 96,086 87,018
Total assets [1] 12,546,572 12,928,998
Liabilities:    
Secured financing agreements ($3.6 billion and $3.6 billion pledged as collateral, respectively, and includes $340 million and $374 million at fair value, respectively) 2,384,678 2,432,115
Securitized debt, collateralized by Non-Agency RMBS ($244 million and $249 million pledged as collateral, respectively) 73,162 75,012
Securitized debt at fair value, collateralized by Loans held for investment ($10.5 billion and $10.7 billion pledged as collateral, respectively) 7,336,345 7,601,881
Payable for investments purchased 6,135 158,892
Accrued interest payable 35,481 38,272
Dividends payable 54,849 54,552
Accounts payable and other liabilities 10,336 9,355
Total liabilities [1] 9,900,986 10,370,079
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 2,415 2,414
Additional paid-in-capital 4,371,502 4,368,520
Accumulated other comprehensive income 185,447 185,668
Cumulative earnings 4,294,500 4,165,046
Cumulative distributions to stockholders (6,208,650) (6,163,101)
Total stockholders' equity 2,645,586 2,558,919
Total liabilities and stockholders' equity 12,546,572 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 March 31, 2024, and December 31, 2023, total assets of consolidated VIEs were $10,299,963 and $10,501,840, respectively, and total liabilities of consolidated VIEs were $7,093,458 and $7,349,109, respectively. See Note 8 for further discussion.

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