v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Allowance for credit losses $ 53,260 $ 36,194 $ 43,243
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) 83,711,380   83,402,145
Common stock, shares outstanding (in shares) 83,711,380   83,402,145
Total assets of consolidated VIEs [1] $ 16,045,048   $ 15,808,542
Total liabilities of consolidated VIEs [1] 13,629,422   13,235,848
Variable Interest Entities, Primary Beneficiary      
Allowance for credit losses 22,000   17,000
Stockholders’ Equity:      
Total assets of consolidated VIEs 7,491,943   9,215,343
Total liabilities of consolidated VIEs $ 5,302,706   $ 6,533,891
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 | Asset Pledged as Collateral | Securitized Loans      
Liabilities:      
MBS pledged as collateral at fair value on Secured financing agreements 195,000   210,000
Residential Mortgage-Backed Securities      
Liabilities:      
MBS pledged as collateral at fair value on Secured financing agreements 284,000   299,000
Residential Mortgage-Backed Securities | Asset Pledged as Collateral      
Liabilities:      
MBS pledged as collateral at fair value on Secured financing agreements 8,600,000   7,400,000
Loans held for investment | Asset Pledged as Collateral | Securitized Loans      
Liabilities:      
MBS pledged as collateral at fair value on Secured financing agreements $ 7,500,000   $ 9,400,000
[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 June 30, 2026, and December 31, 2025, total assets of consolidated VIEs were $7,491,943 and $9,215,343, respectively, and total liabilities of consolidated VIEs were $5,302,706 and $6,533,891, respectively. See Note 10 for further discussion.