Chimera Investment Corporation
(NYSE:CIM)

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage...

Website: http://www.chimerareit.com

Founded: 2007

Full Time Employees: 39

Sector: Real Estate

Industry: REIT-Mortgage

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Quarterly

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Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-09-30	2010-06-30	2010-03-31	2009-09-30	2009-06-30

net interest income:
interest income	219,295,000	220,329,000	209,100,000	201,297,000	190,616,000	192,364,000	195,295,000	186,717,000	186,574,000	191,204,000	195,591,000	196,859,000	189,250,000	187,286,000	188,303,000	195,357,000	202,175,000	221,162,000	220,579,000	252,677,000	243,127,000	236,156,000	247,905,000	245,922,000	300,266,000	340,662,000	330,144,000	339,914,000	350,389,000	348,034,000	321,715,000	306,436,000	297,132,000	296,813,000	288,644,000	251,344,000	260,822,000	250,953,000	221,096,000	201,194,000	215,804,000	243,145,000	86,613,000	49,056,000	35,456,000	38,818,000	33,629,000	29,067,000	36,576,000	52,031,000	51,319,000	177,640,000	194,235,000	206,574,000	140,405,000	133,522,000	128,984,000	104,690,000	65,077,000
interest expense	144,293,000	154,151,000	144,089,000	135,287,000	121,397,000	126,541,000	128,844,000	119,422,000	121,468,000	126,553,000	132,193,000	131,181,000	119,615,000	106,890,000	83,464,000	78,467,000	64,473,000	66,599,000	71,353,000	80,610,000	108,066,000	120,284,000	124,557,000	129,256,000	142,083,000	169,203,000	188,551,000	198,110,000	202,950,000	193,919,000	174,671,000	161,266,000	149,251,000	140,358,000	137,955,000	110,231,000	106,737,000	94,911,000	83,227,000	62,981,000	66,044,000	60,456,000	-9,902,000	-3,504,000	-1,726,000	-1,580,000	-1,629,000	-1,833,000	-2,281,000	-2,473,000	-2,326,000	7,217,000	7,481,000	10,849,000	10,527,000	7,198,000	7,374,000	9,197,000	8,313,000
net interest income	75,002,000	66,178,000	65,011,000	66,010,000	69,219,000	65,823,000	66,451,000	67,295,000	65,106,000	64,651,000	63,398,000	65,678,000	69,635,000	80,396,000	104,839,000	116,890,000	137,702,000	154,563,000	149,226,000	172,067,000	135,061,000	115,872,000	123,348,000	116,666,000	158,183,000	171,459,000	141,593,000	141,804,000	147,439,000	154,115,000	147,044,000	145,170,000	147,881,000	156,455,000	150,689,000	141,113,000	154,085,000	156,042,000	137,869,000	138,213,000	149,760,000	182,689,000	151,469,000	113,638,000	98,242,000	105,287,000	100,954,000	96,966,000	110,340,000	139,571,000	113,293,000	179,878,000	186,870,000	189,309,000	155,731,000	154,732,000	138,641,000	95,493,000	56,764,000
increase in provision for credit losses	2,824,000	5,322,000	2,587,000	4,409,000	3,387,000	4,449,000	358,000	3,684,000	1,347,000	2,330,000	3,217,000	2,762,000
other income																																								95,000,000			-23,783,000
net unrealized gains on derivatives	18,150,000	27,303,000	-7,907,000	-2,554,000	-6,469,000	276,000	-14,457,000	11,955,000	5,189,000	-15,871,000	17,000	17,994,000	-8,551,000	-10,171,000	10,307,000	-1,618,000									201,000,000	83,656,000	31,620,000	-132,171,000	-89,315,000	-319,673,000	71,197,000	25,895,000	81,419,000	9,204,000	5,802,000	4,896,000	101,475,000	27,628,000	22,100,000	-101,110,000	88,028,000	4,055,000	12,975,000	-22,497,000	-2,198,000	27,000
realized gains on derivatives	2,870,000	-3,964,250	2,015,000	-17,954,000	82,000	641,000	-4,864,000	-17,317,000				-6,822,000	-34,134,000
periodic interest on derivatives	1,834,000	5,422,000	5,751,000	5,067,000	4,135,000
net gains on derivatives	22,854,000	15,230,000	-141,000	-15,441,000	-2,252,000	5,460,000	-12,532,000	1,609,000	10,665,000	-10,575,000	4,911,000	15,331,000	-39,866,000	-12,362,000	10,185,000										-304,052,000	78,030,000	-136,672,000	-237,079,000	-204,638,000	-315,877,000	74,078,000	24,502,000	94,504,000	1,363,000	-21,822,000	-4,462,000	115,523,000	13,360,000	-47,755,000	-136,537,000	40,127,000	-106,610,000	-10,177,000	-42,289,000	-7,946,000	-3,364,000
investment management and advisory fees	7,165,000	9,128,000	8,509,000	8,810,000	8,936,000
interest income from investment in msr financing receivables	2,311,000	20,000	500,000
net unrealized gains on financial instruments at fair value	-37,536,000	-17,137,000	-36,995,000	6,971,000	128,895,000	-181,197,000	104,012,000	11,231,000	76,765,000	6,815,000	-43,988,000	6,954,000	64,592,000	112,026,000	-239,513,000	-239,246,000	-370,167,000	-108,286,000	239,524,000	36,108,000	270,012,000	61,378,000	260,766,000	-171,921,000	-260,887,000	-112,752,000	130,825,000	190,748,000	200,812,000	84,836,000	-34,306,000	-18,364,000	14,466,000	19,042,000	67,762,000	72,243,000	-20,665,000	32,999,000	30,347,000	16,871,000	-37,260,000	-10,425,000	162,921,000
net realized losses on sales of investments	-40,428,000
gains on extinguishment of debt	-38,858,000	20,000			2,122,000					-2,473,000		4,039,000	2,309,000			-2,897,000		979,000	-25,622,000	-21,777,000	-237,137,000	920,000	-55,794,000	459,000		9,926,000		-608,000		7,056,000	9,263,000	387,000	9,670,000	-1,000	-48,014,000		1,334,000	-45,000		-1,766,000	5,079,000
other investment losses	-910,000
gain on origination and sale of loans	21,385,000
total other income	-64,017,000	5,835,000	-24,191,000	1,378,000	137,284,000																																			95,000,000
other expenses:
compensation and benefits	26,706,000	18,201,000	13,756,000	11,660,000	13,085,000	17,937,000	7,203,000	7,011,000	9,213,000	5,278,000	7,124,000	7,677,000	10,491,000	19,167,000	10,000,000	8,859,000	11,353,000	11,460,000	12,694,000	9,230,000	13,439,000	11,335,000	10,287,000	10,255,000	12,934,000	10,205,000	12,191,000	12,114,000	14,370,000	9,373,000	8,642,000	8,689,000	8,411,000	7,533,000	7,671,000	7,556,000	7,814,000	6,911,000	6,954,000	5,222,000
general and administrative expenses	12,161,000	9,337,000	6,936,000	6,815,000	6,907,000	5,596,000	5,610,000	6,276,000	5,720,000	7,443,000	5,427,000	6,471,000	5,778,000	6,158,000	4,836,000	5,944,000	5,711,000	5,574,000	5,300,000	6,173,000	5,198,000	6,296,000	6,811,000	6,562,000	5,678,000	7,986,000	6,528,000	7,030,000	5,883,000	6,972,000	5,615,000	5,860,000	5,489,000	4,537,000	4,585,000	4,040,000	4,443,000	4,332,000	4,238,000	4,503,000	18,559,000	11,149,000	5,772,000	6,210,000	3,736,000	3,624,000	5,197,000	4,847,000	4,658,000	2,541,000	1,989,000	1,830,000	1,820,000	1,487,000	1,798,000	1,409,000	1,160,000	1,057,000	861,000
servicing and asset manager fees	5,522,000	6,011,000	6,991,000	7,306,000	7,431,000	7,325,000	7,334,000	7,470,000	7,663,000	7,659,000	8,139,000	8,408,000	8,417,000	8,883,000	8,516,000	9,315,000	9,291,000	8,896,000	9,297,000	9,081,000	9,281,000
depreciation, amortization, and impairment expense	9,649,000
transaction expenses	98,000	625,000	9,931,000	390,000	5,688,000	4,707,000	2,317,000		67,000	424,000	90,000	8,456,000	6,409,000	3,274,000	2,341,000	6,727,000	3,804,000	4,242,000	3,432,000	5,745,000	16,437,000	3,829,000	1,624,000	4,710,000	4,906,000	6,639,000	3,415,000
total other expenses	54,136,000	38,507,000	38,562,000	27,120,000	34,062,000	35,886,000	22,464,000	20,757,000	22,663,000	20,804,000	20,780,000	31,012,000																28,424,000					26,322,000
income before income taxes	-45,974,000	28,184,000	-329,000	35,859,000	169,052,000	-146,518,000	136,475,000	56,695,000	129,462,000	30,546,000	2,245,000	36,049,000	57,366,000	96,919,000	-186,141,000	-161,233,000	-262,864,000	16,993,000	332,791,000	163,233,000	161,503,000	147,263,000	367,391,000	-54,919,000	-370,723,000	130,355,000	106,327,000	58,915,000	118,147,000	-102,783,000	157,328,000	118,144,000	239,041,000	139,250,000	115,156,000	162,823,000	221,919,000	172,830,000	74,150,000	83,127,000	116,187,000	67,042,000	377,580,000	104,769,000	100,370,000	67,367,000	143,207,000	79,803,000	128,068,000	40,781,000	80,235,000	65,713,000	117,961,000	164,060,000	127,187,000	124,580,000	125,610,000	158,002,000	51,644,000
income tax expense	-2,064,000	-148,000	251,000	409,000	1,755,000	-6,000	16,000	31,000	8,000	2,000	75,000	25,000
net income	-43,910,000	28,332,000	-580,000	35,450,000	167,297,000	-146,512,000	136,459,000	56,664,000	129,454,000	30,544,000	2,170,000	36,024,000	57,366,000	97,200,000	-186,145,000	-161,327,000	-262,794,000	17,734,000	331,468,000	163,321,000	157,591,000	147,235,000	367,329,000	-54,955,000	-370,755,000	130,318,000	106,326,000	58,760,000	118,147,000	-102,798,000	157,321,000	118,108,000	239,007,000	139,232,000	115,017,000	162,807,000	221,901,000	172,817,000	74,127,000	83,098,000	116,187,000	67,041,000	377,580,000	104,769,000	100,368,000	67,367,000	143,207,000	79,801,000	128,068,000	40,781,000	80,233,000	65,884,000	117,843,000	163,362,000	126,435,000	124,579,000	125,610,000	158,002,000	51,644,000
yoy	-126.25%	-119.34%	-100.43%	-37.44%	29.23%	-579.68%	6188.43%	57.30%	125.66%	-68.58%	-101.17%	-122.33%	-121.83%	448.10%	-156.16%	-198.78%	-266.76%	-87.96%	-9.76%	-397.19%	-142.51%	12.98%	245.47%	-193.52%	-413.81%	-226.77%	-32.41%	-50.25%	-50.57%	-173.83%	36.78%	-27.46%	7.71%	-19.43%	55.16%	95.92%	90.99%	157.78%	-80.37%	-20.68%	15.76%	-0.48%	163.66%	31.29%	-21.63%	65.19%	78.49%	21.12%	8.68%	-75.04%	-36.54%	-47.11%	-6.18%	3.39%	144.82%
qoq	-254.98%	-4984.83%	-101.64%	-78.81%	-214.19%	-207.37%	140.82%	-56.23%	323.83%	1307.56%	-93.98%	-37.20%	-40.98%	-152.22%	15.38%	-38.61%	-1581.87%	-94.65%	102.95%	3.64%	7.03%	-59.92%	-768.42%	-85.18%	-384.50%	22.56%	80.95%	-50.27%	-214.93%	-165.34%	33.20%	-50.58%	71.66%	21.05%	-29.35%	-26.63%	28.40%	133.14%	-10.80%	-28.48%	73.31%	-82.24%	260.39%	4.38%	48.99%	-52.96%	79.46%	-37.69%	214.04%	-49.17%	21.78%	-44.09%	-27.86%	29.21%	1.49%	-0.82%	-20.50%	205.94%
dividends on preferred stock	21,097,000	21,831,000	21,417,000	21,426,000	21,357,000	21,761,000	22,787,000	22,751,000	18,438,000	18,437,000	18,438,000	18,438,000	18,438,000	18,482,000	18,438,000	18,438,000	18,408,000	18,451,000	18,438,000	18,438,000	18,438,000	18,437,000	18,438,000	18,438,000	18,438,000	18,437,000	18,438,000	18,438,000	17,392,000
net income available to common shareholders	-65,007,000	6,501,000	-21,997,000	14,024,000	145,940,000	-168,273,000	113,672,000	33,913,000	111,016,000	12,106,000	-16,268,000	17,586,000	38,928,000	78,718,000	-204,583,000	-179,765,000	-281,202,000	-717,000	313,030,000	144,883,000	139,153,000	128,798,000	348,891,000	-73,393,000	-389,193,000	111,881,000	87,888,000	40,322,000	100,755,000	-117,235,000	147,361,000	108,708,000	229,607,000	129,832,000	105,617,000	157,524,000
net income per share																																																				0.06	0.11	0.16	0.14	0.16	0.19	0.24	0.1
basic	-0.78	0.07	-0.27	0.17	1.79	-2.08	1.41	0.42	0.46	0.06	-0.07	0.08	0.17	0.33	-0.88	-0.76	-1.19	-0.02	1.33	0.63	0.6	0.62	1.5	-0.37	-2.08	0.6	0.47	0.22	0.54	-0.62	0.79	0.58	1.22	0.69	0.56	0.84	1.17	0.92	0.39	0.44	0.57	0.33	0.37	0.1	0.1	0.07	0.14	0.08	0.12	0.04	0.08
diluted	-0.78	0.05	-0.27	0.17	1.77	-2.06	1.39	0.41	0.45	0.06	-0.07	0.08	0.17	0.33	-0.88	-0.76	-1.19	0.02	1.3	0.6	0.54	0.62	1.32	-0.37	-2.08	0.59	0.47	0.21	0.54	-0.63	0.79	0.58	1.22	0.69	0.56	0.84	1.16	0.92	0.39	0.44	0.57	0.33	0.37	0.1	0.1	0.07	0.14	0.08	0.12	0.04	0.08
weighted-average number of common shares outstanding:
basic	83,661,145	82,175,111	81,507,492	81,408,087	81,350,497	80,976,745	80,810,861	81,334,509	243,718,142	230,057,356	226,734,643	231,628,141	231,994,620	233,938,745	231,750,422	235,310,440	237,012,702	233,770,474	235,887,296	231,638,042	230,567,231	212,995,533	232,127,224	199,282,790	187,018,602	187,156,990	187,158,167	187,153,007	187,112,454	187,146,170	187,006,777	186,994,743	187,553,281	187,779,794	187,779,406	187,761,748	187,728,634	187,729,765	187,729,765	187,723,472	205,492,089	205,527,476	1,027,183,380	1,027,208,949	1,027,262,613	1,027,121,439	1,027,066,041	1,027,009,515	1,026,841,087	1,026,809,700	1,026,762,092
diluted	83,661,145	83,942,704	81,507,492	82,600,108	82,394,218	82,157,622	81,855,872	82,281,890	245,154,643	232,617,866	226,734,643	233,867,501	235,201,614	233,938,745	231,750,422	235,310,440	237,012,702	245,496,926	240,362,602	241,739,536	261,435,081	226,438,341	265,346,359	199,282,790	187,018,602	188,406,444	188,440,171	188,271,483	188,199,711	187,748,862	187,584,958	187,422,145	188,176,753	188,192,111	188,142,551	188,195,061	188,024,838	187,919,792	187,925,046	187,840,182	205,579,639	205,566,956	1,027,508,880	1,027,534,449	1,027,588,763	1,027,559,189	1,027,593,441	1,027,595,515	1,027,505,030	1,027,505,247	1,027,489,586
net realized gains on sales of investments		19,000	1,991,000	-1,915,000		-1,469,000			-3,750,000	-3,752,000	-460,000	-21,758,000	-5,264,000	-39,442,000	-37,031,000					7,517,000	37,796,000	-329,000	65,041,000	26,380,000	75,854,000	17,687,000	1,596,000	-7,526,000	8,603,000	1,213,000	-6,123,000	2,167,000		1,000	4,541,000	5,167,000	11,120,000	3,079,000	6,631,000	-2,674,000	9,685,000	29,565,000	64,107,000	-4,339,000	8,377,000	18,816,000	54,117,000	6,000	69,155,000		16,010,000
other investment gains		1,252,000	1,945,000	2,953,000	-417,000	2,490,000	1,366,000	1,001,000	4,686,000	-986,000	2,381,000	-421,000	117,000	-2,383,000	-462,000	980,000
amortization of intangibles and depreciation expenses		4,333,000	948,000	949,000	951,000
other investment gains:
periodic interest cost of swaps						4,543,000	6,789,000	6,971,000	5,476,000	5,296,000	4,894,000	4,159,000	2,819,000	-1,630,000	-122,000
total other gains						48,763,500	92,846,000	13,841,000	88,366,000	-10,971,000	-37,156,000	4,145,000	21,888,000	57,839,000	-266,821,000	-242,781,000	-370,167,000	-107,307,000	213,902,000	21,848,000	70,671,000	61,969,000	270,013,000	-145,082,000	-489,085,000	-7,109,000	-4,251,000	-54,465,000	4,777,000	-222,772,000	42,912,000	8,692,000	118,640,000	20,405,000	2,467,000	72,948,000	107,312,000	49,393,000	-10,777,000	-124,106,000	17,631,000	-87,470,000	216,851,000	7,009,000	13,257,000	-12,422,000	48,930,000	-1,135,000	44,037,000	-18,718,000	30,371,000	-57,907,000	-52,893,000	-6,945,000	-14,068,000	-11,563,000	-607,000	74,447,000	9,321,000
increase/(decrease) in benefit from credit losses													3,062,000	3,834,000	-1,534,000	4,497,000	240,000	91,000	-386,000	453,000	-126,000	13,000	-1,650,000	-4,497,000
other incomes:
total other incomes													31,095,000	37,482,000	25,693,000	30,845,000	30,159,000	30,172,000	30,723,000	30,229,000	44,355,000	30,565,000	27,620,000	31,000,000	33,507,000	22,164,500	31,015,000		29,216,000	29,857,000	25,395,000	26,587,000		26,142,000	24,491,000	32,537,000	24,698,000	21,031,000	31,987,000	15,302,000	24,103,000	20,362,000		10,531,000	9,595,000	9,043,000	6,677,000	9,865,000	16,295,000	14,385,000	15,065,000	15,082,000	14,972,000	15,679,000	13,598,000	11,696,000	9,880,000	9,753,000	7,946,000
income tax benefit														-281,000	4,000	94,000	-70,000	-741,000	1,323,000	-88,000
realized gains on terminations of interest rate swaps																									-463,966,000	-8,354,000	-148,114,000	-95,211,000	-108,046,000						-16,143,000				-60,158,000	-458,000	-31,124,000	-68,579,000
net realized gains on derivatives																									-41,086,000	2,728,000	-20,178,000	-9,697,000	-7,277,000	3,796,000	2,881,000	-1,393,000	13,085,000	-7,841,000	-11,481,000	-9,358,000	14,048,000	-14,268,000	-9,697,000	-34,969,000	-16,777,000	-42,086,000	-23,152,000	-19,792,000	-5,748,000	-3,391,000
income taxes																					3,912,000	28,000	62,000	36,000	32,000	37,000	1,000	155,000		15,000	7,000	36,000	34,000	18,000	139,000	16,000	18,000	13,000	23,000	29,000		1,000			2,000			2,000			2,000	-171,000	118,000	698,000	752,000	1,000
net other-than-temporary credit impairment losses																													-4,853,000	-4,269,000	-7,233,000	-9,131,000	-1,158,000	-11,468,000	-13,509,000	-18,701,000	-14,780,000	-11,574,000	-20,955,000	-10,678,000	-27,101,000	-7,815,000	-1,990,000	-5,347,000	-1,534,000	-16,455,000		-6,163,000	-10,014,000	-65,687,000	-48,364,000	-41,176,000	-1,044,000	-2,625,000	-878,000	-6,893,000	-2,544,000
servicing fees																						9,105,000	8,898,000	9,473,000	9,989,000	9,165,000	8,881,000	9,280,000	8,963,000	9,729,000	9,766,000	9,943,000	11,334,000	10,715,000	10,890,000
benefit from credit losses																									-6,314,000
other-than-temporary impairments:
total other-than-temporary impairment losses																													-801,000	-685,000	-772,000	-805,000	-294,000	-784,000	-749,000	-2,713,000	-1,034,000	-993,000	-3,139,000	-4,423,000	-2,208,000	-1,052,000	-726,000	-3,813,000	-400,000	-2,209,000			-2,713,000	-12,474,000	-56,961,000	-249,257,000	-1,926,000	-4,205,000	-1,314,000	-24,746,000	-22,687,000
portion of loss recognized in other comprehensive income																													-4,052,000	-3,584,000	-6,461,000	-8,326,000	-864,000	-10,684,000	-12,760,000	-15,988,000	-13,746,000	-10,581,000	-17,816,000	-6,255,000	-24,893,000	-6,763,000	-1,264,000	-1,534,000	-1,134,000	-14,246,000		-6,163,000	-7,301,000	-53,213,000
deal expenses																														3,783,000	1,372,000	2,095,000	1,088,000	3,357,000	1,345,000	11,353,000	4,402,000		13,022,000
dividend on preferred stock																														7,190,000	9,960,000	9,400,000	9,400,000	9,400,000	9,400,000	5,283,000
dividends declared per share of common stock																														0.375	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.48	0.48				0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.11
other income:
servicing fees of consolidated vies																																				9,588,000	8,039,000	9,788,000	7,773,000	5,577,000
management fees																																									10,196,000	10,326,000	9,381,000	6,271,000	6,221,000	6,570,000	6,498,000	6,449,000	13,051,000	12,903,000	12,909,000
expense recoveries from manager																																									-4,652,000	-1,113,000	-1,975,000	-2,164,000	-681,000	-1,082,000	-3,315,000	-1,855,000	-1,910,000
net management fees																																									5,544,000	9,213,000	7,406,000	4,107,000	5,540,000	5,488,000	3,183,000	4,594,000	11,141,000
comprehensive income:
other comprehensive income:																																																								-144,305	244,732	166,707
unrealized gains on available-for-sale securities																																					23,514.75	-18,364	53,015	59,408	-117,742	-19,912	-74,155	100,647	37,503	-33,176	-22,582	117,594	260,891	-4,021	170,186	-58,429	-112,067	-180,153	20,408	-151,524	241,581
reclassification adjustment for net incomees included in net income for other-than-temporary credit impairment losses																																					10,801.75	11,574	20,955	10,678	27,101	7,815						6,163	10,014			41,176	1,044	2,625	878	6,893	2,544
reclassification adjustment for net realized losses (gains) included in net income																																					-3,338.5	-2,680	-9,062	-1,612	-10,059	-29,076	-62,477	37	-8,377	-18,816	-54,117	-6	-69,155		-446	-28	22,420
other comprehensive income																																					30,978	-9,470	64,908	68,474	-100,700	-41,173	-134,642	58,185	30,660	-35,537	-76,699	123,751	201,750	61,666	155,488	-17,281	-88,603	-160,752	21,771
comprehensive income																																					113,488.5	163,347	139,035	151,572	15,487	25,868	242,938	162,954	131,028	31,830	66,508	203,552	329,818	102,447	235,721	48,603	29,240	2,610	148,206	-19,726	370,342	324,709
includes interest income of consolidated vies of 131,980 and 150,618 for the quarters ended march 31, 2016 and 2015 respectively. see note 8 for further discussion.
includes interest expense of consolidated vies of 39,250 and 46,753 for the quarters ended march 31, 2016 and 2015 respectively. see note 8 for further discussion.
see accompanying notes to consolidated financial statements.
gain on deconsolidation																																												47,846,000
reclassification adjustment for gain on deconsolidation included in net income																																												-47,846
loss on extinguishment of debt																																													-2,184,000
includes interest income of consolidated vies of 150,618 and 85,211 for the quarters ended march 31, 2015 and 2014 respectively. see note 8 for further discussion.
includes interest expense of consolidated vies of 46,753 and 20,699 for the quarters ended march 31, 2015 and 2014 respectively. see note 8 for further discussion.
interest income, assets of consolidated vies																																											103,742,000	85,262,000	85,211,000	91,543,000	93,936,000	96,728,000	108,120,000
interest expense, non-recourse liabilities of consolidated vies																																											-28,984,000	-17,176,000	-20,699,000	-23,494,000	-24,982,000	-26,996,000	-32,075,000
other gains
net investment income																																											366,330,000	115,300,000	109,965,000	76,410,000	149,884,000	89,668,000	144,363,000	55,166,000	95,300,000	80,795,000	132,933,000	179,739,000	140,785,000	136,276,000	135,490,000	167,755,000	59,590,000
other (income) and expenses:
(income)/expense for change in loan loss provision																																											-645,000
total other income and expenses																																											-11,250,000
reclassification adjustment for net incomees included in net income for other-than- temporary credit impairment losses																																											1,990	5,347	1,534	16,455				65,687	-14,252
net unrealized gains on interest-only rmbs																																												5,791,000	15,010,000	-27,874,000	-12,974,000	-1,013,000	-15,393,000	-2,532,000	17,947,000
benefit from loan losses																																												214,000	319,000	-69,000	-1,703,000	424,000	496,000	-1,059,000	167,000			1,442,000	482,000	1,024,000	606,000	47,000	1,130,000
net unrealized gains on interest rate swaps																																															13,178,000	5,402,000	-4,427,000	-10,992,000	812,000
net realized gains on interest rate swaps																																															-5,391,000	-5,530,000	-5,298,000	-5,194,000	-4,398,000
net gains on interest rate swaps																																															7,787,000	-128,000	-9,725,000	-16,186,000	-3,586,000
interest income, non-agency rmbs and securitized loans transferred to consolidated vies																																																		109,493,000	98,349,000
interest expense, non-agency rmbs and securitized loans transferred to consolidated vies																																																		-19,480,000	-34,049,000
non-credit portion of loss recognized in other comprehensive income																																																			8,597,000	208,081,000	882,000	1,580,000	436,000	17,853,000	20,143,000	4,024,000	2,080,000
interest income, non-retained																																																				35,030,000	28,428,000	21,159,000	58,090,000	49,829,000	50,861,000
interest expense, non-retained																																																				25,575,000	28,312,000	27,575,000	32,237,000	21,421,000	33,830,000
unrealized gains on interest rate swaps																																																				-25,312,000	-19,500,000	9,831,000	-13,583,000	-11,237,000
realized gains on interest rate swaps																																																				-4,500,000	-4,297,000
gains on interest rate swaps																																																				-29,812,000	-23,797,000
net gains on interest-only rmbs																																																				52,000	-4,442,000
net gains on embedded derivatives in interest-only rmbs																																																				-28,175,000	-2,234,000
realized gains on sales of investments																																																				28,000	-380,000	2,744,000	2,032,000		342,000	74,508,000	9,321,000
management fee																																																				13,252,000	13,152,000	12,750,000	11,318,000	9,263,000	8,114,000	8,649,000	5,955,000
net income per share																																																				0.06	0.11	0.16	0.14	0.16	0.19	0.24	0.1
weighted-average number of shares outstanding-basic and diluted																																																				1,027,195,404	1,027,130,496	1,027,063,055	883,147,726	765,475,340	670,371,022	670,324,864
see notes to consolidated financial statements.
realized losses on principal write-downs of non-agency rmbs																																																					-22,040,000	-19,520,000	-2,517,000	-326,000	-949,000
reclassification adjustment for realized losses (gains) included in net income																																																						16,776	485	326	607
other gains:
total other-than-temporary credit impairment losses																																																										-6,209,000	-8,575,000
net other-than-temporary impairment losses																																																										-2,185,000
realized losses on principal write-downs																																																										-61,000
realized losses on terminations of interest rate swaps
unrealized gain on available-for-sale securities																																																										238,969
reclassification adjustment for net incomees included in net income for other-than-temporary impairments																																																										2,185
reclassification adjustment for realized (gains) losses included in net income																																																										-74,447
net other-than-temporary impairment losses included in income																																																											-6,495,000
income tax
weighted-average number of shares outstanding – basic and diluted																																																											503,110,132

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-06-30	2015-03-31	2014-06-30	2014-03-31	2013-09-30	2013-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-03-31	2009-09-30	2009-06-30

assets:
cash and cash equivalents	476,218,000	278,582,000	491,475,000	250,223,000	253,349,000	83,998,000	97,326,000	162,304,000	168,958,000	221,684,000	138,591,000	200,940,000	232,392,000	264,600,000	86,234,000	158,455,000	165,728,000	385,741,000	328,455,000	346,951,000	317,489,000	269,090,000	325,717,000	302,553,000	261,491,000	109,878,000	160,894,000	54,034,000	122,850,000	47,486,000	121,046,000	90,671,000	100,752,000	38,055,000	168,743,000	82,556,000	177,714,000	156,608,000	67,421,000	190,453,000	49,548,000	119,517,000	73,871,000	40,602,000	125,491,000	168,153,000	131,273,000	9,824,000	16,080,000	16,295,000	7,173,000	11,949,000	44,200,000	21,023,000	13,121,000
non-agency rmbs, at fair value	756,055,000	817,280,000	868,838,000	1,010,995,000	1,059,840,000	1,064,169,000	1,121,836,000	1,051,971,000	1,059,863,000	1,043,806,000	1,024,609,000	1,092,205,000	1,140,776,000	1,147,481,000	1,191,298,000	1,321,775,000	1,458,887,000	1,810,208,000	1,890,030,000	1,919,668,000	2,013,478,000	2,150,714,000	2,218,289,000	2,184,170,000	2,174,400,000	2,614,408,000	2,649,834,000	2,699,367,000	2,538,043,000	2,486,130,000	2,507,707,000	2,593,422,000	2,760,711,000	2,950,348,000	3,111,827,000	3,228,391,000	3,330,063,000	3,437,235,000	3,491,480,000	3,580,250,000	3,937,112,000	3,707,439,000
agency mbs, at fair value	5,228,464,000	3,463,485,000	2,924,476,000	2,675,280,000	656,335,000	519,218,000	1,018,918,000	503,295,000	65,999,000	102,484,000	127,706,000	136,326,000	263,743,000														11,615,323,000	12,154,575,000	12,238,044,000	12,188,950,000	9,406,092,000	6,989,329,000	4,557,799,000	4,354,872,000	3,994,670,000	4,101,851,000	4,167,754,000	4,362,550,000	4,481,503,000	6,661,289,000
loans held for investment, at fair value	8,227,800,000	9,803,615,000	10,317,799,000	10,640,298,000	10,983,840,000	11,196,678,000	11,283,775,000	11,232,975,000	11,074,519,000	11,397,046,000	11,426,932,000	11,929,537,000	12,382,047,000	11,359,236,000	11,707,299,000	11,894,421,000	12,905,280,000	12,261,926,000	12,533,864,000	12,150,868,000	12,808,012,000	13,112,129,000	13,533,252,000	13,036,833,000	13,306,818,000	14,292,815,000	13,101,728,000	12,301,263,000	12,400,203,000	12,572,581,000	12,729,559,000	13,246,521,000	13,619,995,000	13,538,052,000	13,261,360,000
loans held-for-sale, at fair value	700,597,000	896,117,000
accrued interest receivable	76,362,000	78,691,000	72,232,000	74,611,000	84,082,000	81,386,000	76,952,000	70,254,000	81,147,000	76,960,000	72,815,000	71,281,000	73,022,000	61,768,000	69,330,000	70,201,000	72,418,000	69,513,000	74,011,000	75,314,000	77,562,000	81,158,000	86,727,000	89,387,000	93,343,000	116,423,000	125,601,000	121,393,000	122,746,000	123,442,000	114,798,000	106,877,000	98,669,000	99,421,000	98,079,000	99,669,000	79,697,000	84,328,000	109,644,000	65,053,000	71,584,000	74,596,000	31,105,000	15,325,000	18,661,000	17,399,000	25,144,000	55,539,000	57,946,000	58,570,000	49,088,000	47,767,000	39,637,000	29,444,000	27,055,000
other assets	438,624,000	408,291,000	213,444,000	211,822,000	167,880,000	170,924,000	103,472,000	106,210,000	96,086,000	87,018,000	96,764,000	73,026,000	97,582,000	133,866,000	130,198,000	58,811,000	61,531,000	58,320,000	49,844,000	53,931,000	41,078,000	78,822,000	75,155,000	115,601,000	467,451,000	194,301,000	973,681,000	231,828,000	500,593,000	252,582,000	145,655,000	106,594,000	99,631,000	172,876,000	168,883,000	190,021,000	166,350,000	216,790,000	225,155,000	190,855,000	164,534,000	171,152,000	82,182,000	11,910,000	9,378,000	9,453,000	12,596,000	422,000	847,000	1,270,000	1,212,000	360,000	1,451,000	330,000	798,000
interests in msr financing receivables	39,773,000	37,294,000	35,528,000
derivatives, at fair value	35,486,000	25,187,000	2,112,000			117,000	97,000	4,872,000				6,328,000	14,199,000	4,096,000	4,389,000											3,611,000	5,228,000	211,000	946,000	37,468,000	155,069,000	129,341,000	93,171,000	22,525,000	14,907,000	10,889,000	9,677,000	2,153,000	2,832,000	5,565,000	21,430,000	9,788,000	25,325,000	3,620,000	37,607,000
total assets	15,979,379,000	15,808,542,000	15,115,495,000	14,863,229,000	13,205,326,000	13,116,490,000	13,702,376,000	13,131,881,000	12,546,572,000	12,928,998,000	12,887,417,000	13,509,643,000	14,203,761,000	13,401,991,000	13,669,320,000	14,032,754,000	15,241,179,000	15,407,403,000	16,004,224,000	15,860,059,000	16,699,262,000	17,523,019,000	18,093,868,000	18,448,151,000	19,241,863,000	27,118,671,000	28,632,289,000	27,637,730,000	29,337,903,000	27,708,639,000	25,179,926,000	23,262,755,000	21,330,728,000	21,187,384,000	20,818,469,000	20,426,650,000	16,684,908,000	17,168,701,000	17,590,239,000	15,306,957,000	15,751,639,000	17,340,659,000	12,565,917,000	6,707,030,000	7,028,255,000	7,183,638,000	8,254,562,000	9,714,205,000	10,089,109,000	10,258,434,000	8,073,700,000	7,233,452,000	6,156,195,000	4,369,480,000	4,207,705,000
liabilities:
secured financing agreements	6,987,171,000	6,031,182,000	4,876,986,000	4,563,063,000	2,994,191,000	2,824,371,000	3,228,748,000	2,699,299,000	2,384,678,000	2,432,115,000	2,603,911,000	2,686,522,000	3,195,322,000	3,434,765,000	2,820,931,000	3,148,832,000	3,424,405,000	3,261,613,000	3,788,336,000	3,554,428,000	4,045,912,000	4,636,847,000	4,700,037,000	5,944,201,000
securitized debt, collateralized by non-agency rmbs	65,035,000	66,579,000	67,558,000	68,278,000	69,990,000	71,247,000	72,174,000	72,121,000	73,162,000	75,012,000	75,819,000	77,195,000	77,742,000	78,542,000	79,967,000	81,732,000	84,188,000	87,999,000	92,204,000	99,559,000	107,367,000	113,433,000	117,904,000	124,414,000	128,683,000	133,557,000	139,163,000	145,130,000	153,179,000	159,955,000	167,718,000	179,742,000	194,967,000	233,113,000	264,866,000	303,389,000	334,124,000	380,715,000	424,596,000	492,107,000	625,270,000	671,604,000	787,162,000	828,663,000	1,006,666,000	1,128,752,000
securitized debt at fair value, collateralized by loans held for investment	5,430,192,000	6,721,302,000	7,022,941,000	6,970,800,000	7,198,089,000	6,984,495,000	7,314,411,000	7,078,991,000	7,336,345,000	7,601,881,000	7,598,721,000	8,041,276,000	7,507,228,000	7,100,742,000	7,354,311,000	7,682,291,000	8,010,170,000	7,726,043,000	7,947,644,000	8,371,511,000	8,734,372,000	8,711,677,000	8,757,449,000	8,530,111,000	7,864,196,000	8,179,608,000	7,800,786,000	7,881,087,000	8,124,760,000	8,455,376,000	8,826,879,000	9,340,368,000	9,321,154,000	9,683,062,000	9,511,229,000	10,111,293,000	6,941,097,000	7,191,462,000	7,534,277,000	3,617,294,000	4,265,219,000	4,198,192,000
long term debt	252,040,000	251,528,000	251,017,000	135,211,000	134,928,000	134,646,000	134,437,000	62,424,000												20,550,000	51,772,000	51,623,000	70,641,000	71,600,000
payable for investments purchased	611,501,000	3,267,000	193,366,000	387,909,000	38,477,000	454,730,000	123,902,000	464,038,000	6,135,000	158,892,000	6,237,000	7,071,000	660,047,000	9,282,000	644,120,000	11,555,000	259,796,000	477,415,000	192,552,000	58,467,000	76,534,000	106,169,000	614,583,000	246,770,000	699,164,000	1,256,337,000	1,484,572,000	921,507,000	1,513,657,000	1,136,157,000	903,424,000	784,425,000	766,250,000	733,142,000	1,046,720,000	473,269,000	520,532,000	578,499,000	642,169,000	582,875,000	457,484,000	489,784,000	2,030,128,000	176,152,000	4,810,000					311,610,000	127,693,000	279,649,000	41,822,000	73,460,000	270,735,000
accrued interest payable	36,618,000	43,032,000	38,029,000	40,777,000	38,164,000	41,472,000	39,797,000	39,039,000	35,481,000	38,272,000	35,670,000	37,425,000	31,487,000	30,696,000	25,773,000	22,733,000	21,422,000	20,416,000	20,388,000	23,128,000	24,855,000	40,950,000	36,451,000	41,336,000	45,709,000	63,600,000	81,232,000	84,234,000	124,759,000	110,402,000	110,228,000	71,405,000	69,929,000	64,280,000	54,853,000	67,596,000	48,670,000	49,743,000	60,171,000	45,873,000	27,858,000	39,371,000	9,018,000	1,867,000	1,343,000	1,297,000	2,928,000	11,538,000	11,529,000	12,543,000	11,641,000	11,164,000	9,691,000	3,199,000	2,801,000
dividends payable	40,974,000	34,891,000	35,395,000	34,650,000	34,153,000	34,265,000	33,961,000	61,256,000	54,849,000	54,552,000	49,881,000	52,344,000	63,880,000	64,545,000	63,860,000	85,675,000	86,560,000	86,152,000	85,255,000	87,050,000	77,355,000	77,213,000	76,362,000	75,554,000	98,434,000	98,568,000	98,006,000	97,091,000	99,050,000	95,986,000	96,809,000	95,807,000	95,335,000	95,000,000	94,809,000	97,008,000	97,005,000	90,645,000	90,504,000	90,367,000	98,677,000	98,679,000	92,455,000	92,454,000	92,440,000	92,436,000	112,946,000	133,443,000	133,425,000	143,676,000	174,445,000	158,811,000	113,793,000	80,311,000	37,705,000
accounts payable and other liabilities	92,089,000	82,308,000	53,605,000	37,709,000	53,030,000	45,075,000	17,634,000	13,445,000	10,336,000	9,355,000	22,721,000	28,407,000	18,668,000	16,616,000	26,654,000	26,937,000	17,910,000	11,574,000	29,297,000	17,935,000	14,597,000	5,721,000	23,899,000	18,286,000	14,827,000	6,163,000	31,380,000	25,012,000	45,447,000	16,469,000	18,585,000	13,818,000	9,426,000	21,331,000	13,445,000	9,176,000	16,694,000	15,309,000	10,257,000	5,594,000	873,000	715,000	1,094,000	1,625,000	3,249,000	2,299,000	1,572,000	1,583,000	1,355,000	1,234,000	393,000	810,000	489,000	752,000	487,000
total liabilities	13,515,620,000	13,235,848,000	12,544,257,000	12,238,698,000	10,561,262,000	10,590,301,000	10,965,064,000	10,490,613,000	9,900,986,000	10,370,079,000	10,392,960,000	10,930,240,000	11,554,374,000	10,735,188,000	11,015,616,000	11,059,755,000	11,904,451,000	11,671,212,000	12,155,676,000	12,232,628,000	13,132,764,000	13,743,633,000	14,397,326,000	15,052,272,000	15,998,009,000	23,165,378,000	24,637,245,000	23,668,780,000	25,384,726,000	24,004,810,000	21,266,745,000	19,612,613,000	17,659,985,000	17,540,953,000	17,241,782,000	16,914,562,000	13,561,375,000	14,131,901,000	14,627,159,000	12,393,322,000	12,311,574,000	13,817,464,000	9,125,216,000	3,336,880,000	3,460,956,000	3,555,805,000	5,083,970,000	6,360,136,000	6,650,570,000	6,716,044,000	4,390,694,000	4,331,105,000	3,861,248,000		2,261,096,000
commitments and contingencies
stockholders’ equity:
preferred stock, par value of 0.01 per share, 100,000,000 shares authorized:
8.00% series a cumulative redeemable: 5,800,000 shares issued and outstanding, respectively	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000	58,000
8.00% series b cumulative redeemable: 13,000,000 shares issued and outstanding, respectively	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000	130,000
7.75% series c cumulative redeemable: 10,400,000 shares issued and outstanding, respectively	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000	104,000
8.00% series d cumulative redeemable: 8,000,000 shares issued and outstanding, respectively	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000
common stock: par value 0.01 per share...	836,000	834,000	811,000	810,000	810,000	809,000	809,000	805,000	2,415,000	2,414,000	2,268,000	2,263,000	2,321,000	2,318,000	2,318,000	2,317,000	2,370,000	2,370,000	2,369,000	2,356,000	2,306,000	2,306,000	2,322,000	2,320,000	1,860,000	1,873,000	1,872,000	1,872,000	1,871,000	1,871,000	1,870,000	1,870,000	1,870,000	1,878,000	1,878,000	1,878,000	1,877,000	1,877,000	1,877,000	1,877,000	10,277,000	10,277,000	10,273,000	10,273,000	10,271,000	10,271,000	10,268,000	10,264,000	10,263,000	10,262,000	10,261,000	8,822,000	6,694,000
additional paid-in-capital	4,432,076,000	4,429,009,000	4,399,548,000	4,397,084,000	4,394,600,000	4,390,516,000	4,378,750,000	4,375,538,000	4,371,502,000	4,368,520,000	4,291,775,000	4,289,449,000	4,320,803,000	4,318,388,000	4,314,942,000	4,312,604,000	4,360,340,000	4,359,045,000	4,357,526,000	4,352,986,000	4,320,419,000	4,538,029,000	4,517,819,000	4,515,043,000	4,255,054,000	4,275,963,000	4,274,721,000	4,272,001,000	4,268,063,000	4,072,093,000	4,069,868,000	3,816,631,000	3,814,391,000	3,825,832,000	3,824,680,000	3,824,197,000	3,508,779,000	3,367,943,000	3,367,322,000	3,366,670,000	3,606,685,000	3,606,642,000	3,605,358,000	3,605,306,000	3,604,790,000	3,604,714,000	3,603,936,000	3,603,040,000	3,602,671,000	3,602,339,000	3,601,890,000	3,056,659,000	2,290,636,000	2,290,328,000
accumulated other comprehensive income	137,737,000	146,295,000	149,432,000	152,435,000	157,770,000	159,449,000	183,646,000	174,102,000	185,447,000	185,668,000	181,227,000	210,674,000	224,755,000	229,345,000	244,204,000	305,730,000	364,099,000	405,054,000	438,915,000	456,113,000	493,651,000	558,096,000	554,981,000	537,510,000	502,491,000	708,336,000	769,070,000	739,090,000	672,988,000	626,832,000	627,936,000	671,651,000	709,244,000	813,118,000	780,283,000	727,711,000	718,106,000	897,703,000	907,173,000	842,265,000	904,807,000	1,005,507,000	1,079,648,000	1,021,463,000	1,001,451,000	1,036,988,000	588,941,000	29,972,000	25,297,000	113,899,000	274,651,000	22,444,000	144,978,000
cumulative earnings	4,527,700,000	4,571,610,000	4,543,278,000	4,543,858,000	4,508,408,000	4,341,111,000	4,487,623,000	4,351,164,000	4,294,500,000	4,165,046,000	4,134,502,000	4,132,332,000	4,096,308,000	4,038,942,000	3,941,742,000	4,127,887,000	4,289,214,000	4,552,008,000	4,534,274,000	4,202,806,000	4,039,485,000	3,881,894,000	3,734,659,000	3,367,330,000	3,422,285,000	3,793,040,000	3,662,722,000	3,556,396,000	3,497,636,000	3,379,489,000	3,482,287,000	3,324,968,000	3,206,859,000	2,860,244,000	2,721,008,000	2,605,991,000	2,443,184,000
cumulative distributions to stockholders	-6,634,962,000	-6,575,426,000	-6,522,203,000	-6,470,028,000	-6,417,896,000	-6,366,068,000	-6,313,888,000	-6,260,713,000	-6,208,650,000	-6,163,101,000	-6,115,687,000	-6,055,687,000	-5,995,172,000	-5,922,562,000	-5,849,874,000	-5,775,911,000	-5,679,667,000	-5,582,658,000	-5,484,908,000	-5,387,202,000	-5,289,735,000	-5,201,311,000	-5,113,611,000	-5,026,696,000	-4,938,208,000	-4,826,291,000	-4,713,713,000	-4,600,781,000	-4,487,753,000	-4,376,748,000	-4,269,072,000	-4,165,166,000	-4,061,809,000	-3,854,829,000	-3,751,350,000	-3,647,877,000	-3,548,471,000
total stockholders’ equity	2,463,759,000																																																						1,946,609,000
total liabilities and stockholders’ equity	15,979,379,000																																																						4,207,705,000
stockholders' equity:
total stockholders' equity		2,572,694,000	2,571,238,000	2,624,531,000	2,644,064,000	2,526,189,000	2,737,312,000	2,641,268,000	2,645,586,000	2,558,919,000	2,494,457,000	2,579,403,000	2,649,387,000	2,666,803,000	2,653,704,000	2,972,999,000	3,336,728,000	3,736,191,000	3,848,548,000	3,627,431,000	3,566,498,000	3,779,386,000	3,696,542,000	3,395,879,000	3,243,854,000	3,953,293,000	3,995,044,000	3,968,950,000	3,953,177,000	3,703,829,000	3,913,181,000	3,650,142,000	3,670,743,000	3,646,431,000	3,576,687,000	3,512,088,000	3,123,533,000	3,036,800,000	2,963,080,000	2,913,635,000	3,440,065,000	3,523,195,000	3,440,701,000	3,370,150,000	3,567,299,000	3,627,833,000	3,170,592,000	3,354,069,000	3,438,539,000	3,542,390,000	3,683,006,000	2,902,347,000	2,294,947,000	2,191,029,000
total liabilities and stockholders' equity		15,808,542,000	15,115,495,000	14,863,229,000	13,205,326,000	13,116,490,000	13,702,376,000	13,131,881,000	12,546,572,000	12,928,998,000	12,887,417,000	13,509,643,000	14,203,761,000	13,401,991,000	13,669,320,000	14,032,754,000	15,241,179,000	15,407,403,000	16,004,224,000	15,860,059,000	16,699,262,000	17,523,019,000	18,093,868,000	18,448,151,000	19,241,863,000	27,118,671,000	28,632,289,000	27,637,730,000	29,337,903,000	27,708,639,000	25,179,926,000	23,262,755,000	21,330,728,000	21,187,384,000	20,818,469,000	20,426,650,000	16,684,908,000	17,168,701,000	17,590,239,000	15,306,957,000	15,751,639,000	17,340,659,000	12,565,917,000	6,707,030,000	7,028,255,000	7,183,638,000	8,254,562,000	9,714,205,000	10,089,109,000	10,258,434,000	8,073,700,000	7,233,452,000	6,156,195,000	4,369,480,000
receivable for investments sold			189,591,000												14,118,000											446,225,000		75,059,000														962,121,000		88,536,000	197,554,000					6,192,000			47,185,000
agency rmbs, at fair value														15,148,000	38,470,000	73,454,000	74,104,000	60,487,000	65,889,000	76,820,000	86,354,000	90,738,000	99,988,000	107,263,000	105,644,000	6,490,293,000															6,298,875,000	7,163,144,000			2,052,476,000	2,074,811,000	2,949,803,000	4,952,721,000	5,013,760,000
agency cmbs, at fair value														415,796,000	427,984,000	455,637,000	503,231,000	761,208,000	1,062,131,000	1,236,507,000	1,355,289,000	1,740,368,000	1,754,740,000	2,612,344,000	2,832,716,000	2,850,717,000
repurchase agreements																									7,146,996,000	13,427,545,000	15,002,106,000	14,514,719,000	15,323,874,000	14,030,465,000	11,143,102,000	9,127,048,000	7,202,924,000	6,709,821,000	6,254,153,000	5,851,204,000															1,808,797,000	1,568,223,000	1,538,820,000	1,444,243,000	1,377,148,000
8.00% series d cumulative redeemable: 8,000,000 and 0 shares issued and outstanding, respectively																										80,000	80,000	80,000	80,000
receivable for investment sold																													1,414,478,000					11,235,000
7.75% series c cumulative redeemable: 10,400,000 and 0 shares issued and outstanding, respectively																														104,000	104,000
8.00% series b cumulative redeemable: 13,000,000 and 0 shares issued and outstanding, respectively																																		130,000	130,000	130,000
securitized loans held for investment, at fair value																																				12,713,273,000	8,753,653,000	8,909,037,000	9,212,204,000	4,613,492,000	5,208,556,000	5,132,902,000
repurchase agreements, mbs																																					5,600,903,000	5,817,519,000	5,856,263,000	7,545,631,000
preferred stock: par value 0.01 per share...																																					58,000
accumulated deficit																																						-1,230,723,000	-1,313,292,000	-1,297,177,000	-1,081,704,000	-1,099,231,000											-147,361,000	-52,670,000	-130,361,000
the company's consolidated statements of financial condition include assets of consolidated variable interest entities ("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 corp.). as of march 31, 2016 and december 31, 2015, total assets of consolidated vies were 6,795,923 and 7,031,278, respectively, and total liabilities of consolidated vies were 4,121,346 and 4,262,017, respectively. see note 8 for further discussion.
see accompanying notes to consolidated financial statements.
securitized loans held for investment, net of allowance for loan losses of 0 million and 7 million, respectively
repurchase agreements, rmbs																																									6,813,831,000	8,296,224,000	5,564,554,000
securitized debt, collateralized by loans held for investment																																											604,655,000	637,190,000	712,902,000	805,229,000
investment management fees and expenses payable to affiliate																																									10,282,000	10,368,000	6,280,000	5,364,000	6,857,000	5,798,000	12,963,000
the company's consolidated statements of financial condition include assets of consolidated variable interest entities ("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 corp.). as of june 30, 2015 and december 31, 2014, total assets of consolidated vies were 7,676,471 and 7,924,232, respectively, and total liabilities of consolidated vies were 4,905,804 and 5,111,348, respectively. see note 8 for further discussion.
the company's consolidated statements of financial condition include assets of consolidated variable interest entities ("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 corp.). as of march 31, 2015 and december 31, 2014, total assets of consolidated vies were 7,676,037 and 7,924,232, respectively, and total liabilities of consolidated vies were 4,885,312 and 5,111,348, respectively. see note 8 for further discussion.
senior																																											230,465,000	187,095,000	70,000	73,000	822,000	321,483,000	347,900,000	329,782,000	987,685,000	1,065,145,000	1,429,530,000
senior interest-only																																											220,131,000	258,803,000	266,651,000	264,723,000	200,941,000
subordinated																																											485,544,000	474,786,000	438,575,000	470,586,000	635,627,000	2,074,409,000	2,173,005,000	2,266,560,000	2,210,858,000	1,866,911,000	947,963,000
subordinated interest-only																																											15,609,000	16,018,000	14,549,000	14,047,000	22,405,000
pass-through																																											7,976,923,000	1,868,413,000
interest-only																																											38,627,000	42,936,000
subtotal																																											9,154,457,000	3,008,044,000	3,123,405,000	3,019,245,000	3,978,611,000
assets of consolidated vies:
non-agency rmbs transferred to consolidated variable interest entities ("vies"), at fair value																																											2,682,308,000	2,935,051,000	3,058,060,000	3,219,691,000	3,267,779,000
securitized loans held for investment, net of allowance for loan losses of 9 million, respectively																																											714,471,000	748,138,000
non-recourse liabilities of consolidated vies
retained earnings																																											-1,254,578,000	-1,266,892,000	-1,049,213,000	-1,024,140,000	-1,032,553,000	-289,207,000	-199,692,000	-184,110,000	-203,796,000	-185,578,000
repurchase agreements, agency rmbs																																												1,561,920,000	1,589,325,000	1,478,141,000	2,502,870,000	4,171,190,000	4,320,487,000	3,870,407,000
derived from the audited consolidated financial statements.
securitized loans held for investment, net of allowance for loan losses of 9.5 million and 11.6 million, respectively																																													828,265,000
securitized loans held for investment, net of allowance for loan losses of 9.6 million and 11.6 million, respectively																																														924,566,000
interest rate swaps, at fair value																																														35,359,000	43,655,000	44,970,000	19,658,000	5,876,000	9,988,000	24,820,000
securitized loans held for investment, net of allowance for loan losses of 13.8 million and 13.9 million, respectively																																															983,587,000
securitized debt, non-agency rmbs transferred to consolidated vies																																															1,507,268,000
securitized debt, loans held for investment																																															890,374,000
senior, non-retained																																																2,013,798,000	2,176,692,000	2,368,212,000	2,330,568,000	1,967,812,000	1,646,087,000
securitized loans held for investment (held in consolidated vies), net of allowance for loan losses of 7.0 million and 6.6 million, respectively																																																286,009,000
repurchase agreements, non-agency rmbs
securitized debt, loans held for investment, issued by consolidated vies																																																230,767,000	245,984,000
securitized debt, non-agency rmbs, issued by consolidated vies, non-retained																																																1,753,228,000	1,904,936,000
investment management fees payable to affiliate																																																13,417,000	13,196,000	12,807,000	12,422,000	11,411,000	8,114,000	9,071,000	5,955,000
see notes to consolidated financial statements.
securitized loans held for investment (held in consolidated vies), net of allowance for loan losses of 7.5 million and 6.6 million, respectively																																																	302,879,000
derived from the audited consolidated financial statements at december 31, 2010.
non-agency mortgage-backed securities, at fair value																																																						1,996,460,000	1,746,543,000
agency mortgage-backed securities, at fair value																																																		4,879,382,000	2,133,584,000	1,884,193,000	1,558,795,000	1,823,308,000	1,889,550,000
securitized loans held for investment (held in consolidated vies), net of allowance for loan losses of 8.0 million and 6.6 million, respectively																																																		326,295,000
securitized debt issued by consolidated vies,																																																		266,363,000
securitized debt issued by consolidated vies, non-retained																																																		2,091,371,000
securitized loans held for investment, net of allowance for loan losses of 6.6 million and 4.6 million, respectively																																																			353,532,000
repurchase agreements with affiliates																																																					147,417,000	153,076,000	123,483,000
securitized debt																																																			289,236,000	320,552,000	364,665,000	414,339,000	442,782,000
securitized debt, non-retained																																																			1,956,079,000	1,955,665,000	1,636,437,000
securitized loans held for investment, net of allowance for loan losses of 6.0 million and 4.6 million, respectively																																																				389,315,000
derived from the audited consolidated financial statements at december 31, 2009.
securitized loans held for investment, net of allowance for loan losses of 4.6 million and 4.6 million, respectively																																																					441,347,000
securitized loans held for investment, net of allowance for loan
losses of 3.0 million and 1.6 million, respectively																																																						498,915,000
total liabilites																																																						2,178,451,000
authorized, 670,324,854 and 177,198,212 shares issued and
outstanding, respectively																																																						6,693,000
accumulated other comprehensive loss																																																						-53,322,000	-220,030,000
derived from the audited consolidated statements of financial condition at december 31, 2008.
securitized loans held for investment, net of allowance for loan losses of 3.0 million and 1.6 million, respectively																																																							530,638,000
common stock: par value .01 per share; 1,000,000,000 shares authorized, 670,325,786 and 177,198,212 shares issued and outstanding, respectively																																																							6,692,000
additional paid-in capital																																																							2,290,308,000
derived from the audited consolidated statement of financial condition at december 31, 2008.

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2022-12-31	2022-09-30	2021-12-31	2021-09-30	2020-12-31	2020-09-30	2019-12-31	2019-09-30	2018-09-30	2018-06-30	2018-03-31	2017-09-30	2015-09-30	2014-09-30	2013-09-30	2012-09-30	2009-09-30

cash flows from operating activities:
net income	-43,910,000	28,332,000	-580,000	35,450,000	167,297,000	-146,512,000	136,459,000	56,664,000	129,454,000	30,544,000	2,170,000	97,200,000	-186,145,000	17,734,000	331,468,000	147,235,000	367,329,000	130,318,000	106,326,000	157,319,000	118,109,000	239,007,000	139,236,000	-48,259,000	377,580,000	67,367,000	128,068,000	158,002,000
adjustments to reconcile net income to net cash from operating activities:
amortization of investment discounts/premiums	-9,171,000	-13,588,000	-11,605,000	3,506,000	-2,984,000	-5,732,000	-6,311,000	11,152,000	5,753,000	-638,000	4,692,000	-7,144,000	14,843,000	9,426,000	22,612,000	9,199,000	32,391,000	6,790,000	22,555,000	11,120,000	8,780,000	2,521,000	-8,872,000	6,601,000	-11,359,000	-15,608,000	-16,405,000
accretion of deferred financing costs, debt issuance costs, and securitized debt discounts/premiums	4,377,000
net unrealized losses on derivatives	-18,150,000	-27,303,000	7,908,000	2,555,000	6,469,000	-276,000	14,457,000	-11,955,000	-5,189,000	15,871,000	-17,000											-81,419,000
proceeds for derivative settlements	111,000					0	0	17,317,000	-2,800,000	0	0
margin received on derivatives	36,901,000	-8,916,000	18,862,000	-84,600,000	4,711,000	8,264,000	-574,000	-24,561,000	6,622,000	-7,833,000	9,672,000											43,891,000
net unrealized losses on financial instruments at fair value	37,536,000	17,139,000	36,994,000	-6,971,000	-128,895,000	181,197,000	-104,013,000	-11,230,000	-76,765,000	-6,815,000	43,988,000											-14,466,000
net realized losses on sales of investments	40,428,000	23,268,000	-1,991,000			1,469,000	0	0	3,750,000	3,752,000	460,000
other investment losses	910,000	-1,252,000	-1,945,000	-2,953,000	417,000	-2,490,000	-1,366,000	-1,001,000	-4,686,000	986,000	-2,380,000
net increase in provision for credit losses	2,824,000	5,322,000	2,587,000	4,409,000	3,387,000	4,480,000	357,000	3,685,000	1,347,000	2,330,000	3,217,000
depreciation, amortization, and impairment expense	9,649,000
gain on origination sale	-1,569,000
loss on extinguishment of debt	38,858,000	-20,000	0	0	-2,122,000					2,473,000	0											-9,670,000
equity-based compensation expense	2,726,000	1,685,000	2,123,000	2,143,000	3,743,000	1,470,000	3,217,000	2,426,000	2,982,000	3,113,000	2,331,000	3,446,000	2,339,000	1,520,000	-974,000	905,000	1,578,000	1,243,000	2,720,000	1,805,000	2,240,000	2,526,000	1,152,000	450,000	51,000	76,000	73,000
non-cash imputed compensation related to business acquisition	341,000	341,000	341,000	341,000	341,000
originations and purchases of mortgage loans held-for-sale	-883,530,000
sales, settlements and proceeds from sale of loans held-for-sale	1,070,654,000
fair value adjustment on mortgage loans held-for-sale	8,284,000
changes in operating assets:
decrease in accrued interest receivable	2,328,000	-2,541,000	2,379,000	9,471,000	-2,696,000	-4,436,000	-6,699,000	10,891,000	-4,185,000	-4,145,000	-1,534,000											2,120,000
decrease in other assets	-67,199,000	194,224,000	-209,326,000	34,389,000	-7,528,000	-16,707,000	-3,420,000	6,754,000	-1,143,000	-2,114,000	-26,768,000											12,501,000
changes in operating liabilities:
increase in accounts payable and other liabilities	17,117,000	-9,941,000	13,632,000	-15,532,000	6,231,000	1,265,000	4,189,000	3,108,000	984,000	-13,390,000	1,211,000	-10,038,000	4,500,000	-17,723,000	11,970,000	-18,058,000	5,613,000	-25,218,000	12,266,000	9,842,000	4,392,000	-7,766,000	7,884,000	10,643,000	-430,000	950,000	-319,000	-2,318,000
decrease in accrued interest payable	-6,197,000
net cash from operating activities	243,318,000	-152,772,000	-137,477,000	-7,429,000	48,799,000	37,951,000	41,416,000	69,032,000	57,274,000	31,327,000	44,682,000	26,435,000	40,631,000	109,094,000	150,599,000	77,275,000	162,521,000	209,803,000	2,287,000	183,727,000	107,538,000	198,478,000	125,945,000	61,611,000	121,149,000	83,203,000	82,291,000	64,079,000
capital expenditures	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
free cash flows	243,318,000	-152,772,000	-137,477,000	-7,429,000	48,799,000	37,951,000	41,416,000	69,032,000	57,274,000	31,327,000	44,682,000	26,435,000	40,631,000	109,094,000	150,599,000	77,275,000	162,521,000	209,803,000	2,287,000	183,727,000	107,538,000	198,478,000	125,945,000	61,611,000	121,149,000	83,203,000	82,291,000	64,079,000
cash flows from investing activities:
agency mbs portfolio:
purchases	-1,299,085,000	-909,674,000	-1,394,443,000	-1,771,742,000	-150,215,000	-84,468,000	-543,250,000			-79,000	-90,000	-458,000	-1,511,000	-34,913,000	-13,063,000	-47,808,000	-92,635,000	-330,693,000	-224,491,000	-2,555,173,000	-2,547,206,000	-217,579,000	-739,818,000	-254,434,000	-3,122,685,000	-487,832,000	-17,665,000	-1,302,682,000
sales		110,770,000	917,880,000			534,719,000	0	0	34,672,000	27,385,000	4,861,000	38,316,000		0	0	0	734,323,000	896,164,000	0	16,012,000			552,016,000	127,213,000	1,331,541,000	197,803,000	864,291,000	994,969,000
principal payments	110,043,000	91,163,000	58,575,000	29,235,000	13,624,000	40,599,000	31,937,000	4,624,000	118,000	224,000	174,000	684,000	641,000	263,688,000	140,902,000	10,659,000	108,708,000	964,974,000	667,282,000	141,383,000	95,448,000	109,645,000	111,258,000	206,807,000	146,709,000	127,328,000	186,853,000	191,023,000
non-agency rmbs portfolio:
loans held for investment:
net cash from investing activities	355,727,000	-337,038,000	58,144,000	-1,202,834,000	-175,325,000	689,651,000	-646,222,000	-113,544,000	248,336,000	376,787,000	367,865,000	-145,680,000	486,295,000	707,396,000	174,914,000	193,331,000	1,108,075,000	1,025,599,000	-250,829,000	-1,831,335,000	-1,955,594,000	63,226,000	-712,380,000	209,976,000	-2,137,231,000	74,011,000	1,348,123,000	-85,352,000
cash flows from financing activities:
proceeds from secured financing agreements	15,721,751,000	16,259,630,000	16,559,135,000	11,949,120,000	9,731,442,000	8,557,229,000	7,991,044,000	7,313,384,000	6,149,125,000	6,800,683,000	6,273,368,000	9,277,066,000	8,694,833,000	9,387,432,000	11,735,783,000	13,285,167,000	16,459,998,000
payments on secured financing agreements	-14,764,508,000	-15,570,123,000	-16,246,642,000	-10,383,650,000	-9,567,170,000	-8,950,140,000	-7,475,657,000	-6,997,378,000	-6,189,537,000	-6,990,756,000	-6,354,525,000	-8,655,850,000	-9,022,735,000	-9,914,155,000	-11,501,875,000	-13,348,011,000	-17,755,526,000
proceeds from securitized debt borrowings, collateralized by loans held for investment		0	231,078,000	0	780,166,000	1,000				139,438,000	0	93,932,000	273,847,000	461,897,000	382,633,000	981,362,000	599,395,000	1,112,686,000		264,756,000	660,943,000	509,066,000	626,155,000	579,677,000
payments on securitized debt borrowings, collateralized by loans held for investment	-1,304,275,000	-352,977,000	-287,049,000	-306,695,000	-596,609,000	-296,143,000	-306,994,000	-294,770,000	-272,668,000	-305,418,000	-324,379,000	-345,411,000	-444,435,000	-594,268,000	-817,721,000	-1,155,916,000	-459,783,000	-707,247,000	-389,076,000	-739,700,000	-629,237,000	-558,917,000	-490,462,000	-830,005,000	-78,638,000	-92,782,000
payments on securitized debt borrowings, collateralized by non-agency rmbs	-1,000	-1,000	-1,000	-1,000	-14,000	-1,000	-4,000	-88,000	-5,000	-1,000	-5,000	-123,000	-96,000	-3,257,000	-6,435,000	-2,987,000	-5,407,000	-5,281,000	-5,267,000	-11,536,000	-14,744,000	-10,353,000	-32,326,000	-56,426,000	-46,836,000	-125,842,000
common dividends paid	-32,354,000	-31,897,000	-30,013,000	-30,210,000	-30,582,000	-30,113,000	-34,934,000	-27,220,000	-26,813,000	-42,743,000	-44,025,000	-53,521,000	-77,340,000	-78,402,000	-81,064,000	-68,411,000	-67,671,000	-93,579,000	-93,579,000	-93,503,000	-93,485,000	-93,905,000	-93,889,000	-98,662,000	-92,455,000	-92,436,000	-92,413,000
preferred dividends paid	-21,097,000	-21,831,000	-21,417,000	-21,426,000	-21,357,000	-21,761,000	-45,538,000	-18,437,000	-18,438,000	0	-18,438,000	-18,482,000	-18,438,000	-18,451,000	-18,438,000	-18,437,000	-18,438,000	-18,437,000	-18,438,000	-9,400,000	-9,400,000	-9,400,000	-9,400,000
net cash from financing activities	-400,484,000	282,801,000	320,585,000	1,207,138,000	295,876,000	-740,930,000	539,828,000	37,858,000	-358,336,000	-325,021,000	-474,896,000	297,611,000	-599,147,000	-759,204,000	-344,009,000	-327,233,000	-1,247,432,000	-1,286,418,000	355,402,000	1,677,983,000	1,837,975,000	-224,521,000	455,747,000	-281,038,000	2,183,854,000	-199,876,000	-1,088,534,000	29,175,000
net increase in cash, cash equivalents and restricted cash	198,561,000
cash, cash equivalents and restricted cash at beginning of period	284,465,000
cash, cash equivalents and restricted cash at end of period	483,026,000
supplemental disclosure of cash flow information:
interest received	212,452,000	200,282,000	199,874,000	214,274,000	184,937,000	182,198,000	182,285,000	208,762,000	188,140,000	186,422,000	198,748,000	187,704,000	204,015,000	235,085,000	244,495,000	250,924,000	282,957,000	356,631,000	348,490,000				286,598,000	220,287,000	151,558,000	115,102,000	134,498,000
interest paid	146,330,000	143,179,000	141,602,000	128,254,000	121,753,000	121,556,000	123,729,000	113,639,000	120,317,000	119,360,000	124,554,000	99,426,000	80,966,000	67,213,000	76,004,000	114,330,000	135,394,000	194,051,000	199,433,000				132,716,000	64,791,000	6,911,000	20,189,000	31,116,000
income taxes paid	3,530,000
change in fair value of contingent earn-out liability	-5,200,000				1,100,000
non-cash investing activities:
payable for investments purchased	611,501,000	-190,099,000	-194,543,000	349,432,000	38,477,000	330,828,000	-340,136,000	457,903,000	6,135,000	152,655,000	-834,000	-634,838,000	632,565,000	284,863,000	134,085,000	-508,414,000	367,813,000	-228,235,000	563,065,000				-313,578,000	258,028,000	-1,181,997,000
net change in unrealized gain on available-for sale securities	-8,558,000	-3,136,000	-3,004,000	-5,335,000	-1,679,000	-24,197,000	9,544,000	-11,345,000	-221,000	4,441,000	-29,447,000	-14,859,000	-61,526,000	-33,861,000	-17,198,000	3,115,000	17,471,000	-60,734,000	29,980,000				32,835,000	30,441,000	-134,642,000	-35,537,000	201,750,000
non-cash financing activities:
dividends declared, not yet paid	40,974,000	-504,000	745,000	497,000	34,153,000	304,000	-27,295,000	6,407,000	54,849,000	4,671,000	-2,463,000	685,000	-21,815,000	897,000	-1,795,000	851,000	808,000	562,000	915,000
amortization of intangibles and depreciation expenses		4,333,000	948,000	951,000	951,000
origination of mortgage loans held-for-sale
increase in accrued interest payable		2,717,000	-3,038,000	3,076,000	-3,474,000	2,035,000	763,000	3,556,000	-2,792,000	2,603,000	-1,755,000	3,194,000	4,767,000	458,000	-2,741,000	2,694,000	-3,077,000	-15,132,000	-3,016,000	38,908,000	1,477,000	8,041,000	9,445,000	11,984,000	28,761,000	-691,000	-1,123,000	398,000
purchase of homexpress
purchase of palisades
msr:
payments on purchases of investment in msr financing receivables		0
payments on repurchase of common stock										0	-6,892,000	0	-4,783,000	0	0	0	0			0	0	-14,834,000
proceeds on issuance of common stock
net proceeds from issuance of unsecured debt		0				-2,000	71,814,000
non-cash consideration paid for homexpress
accretion (amortization) of deferred financing costs, debt issuance costs, and securitized debt discounts/premiums			5,234,000	4,421,000	2,951,000	3,309,000	4,356,000	2,226,000	3,942,000	4,590,000	9,395,000	2,541,000	-542,000	-643,000	-1,911,000	1,455,000	-5,954,000
receipt of distributions on investment in msr financing receivables
net increase in cash and cash equivalents			241,252,000	-3,125,000	169,350,000	-13,328,000	-64,978,000	-6,654,000	-52,726,000	83,093,000	-62,349,000	178,366,000	-72,221,000	57,286,000	-18,496,000	-56,627,000	23,164,000	-51,016,000	106,860,000	30,375,000	-10,081,000	37,183,000	-130,688,000	-9,451,000	167,772,000	-42,662,000	341,880,000	7,902,000
cash and cash equivalents at beginning of period			0	0	83,998,000	0	0	0	221,684,000	0	0	0	0	0	0	0	0	0	0			63,569,000	0	0	0	0	0	0
cash and cash equivalents at end of period			241,252,000	-3,125,000	253,348,000	-13,328,000	-64,978,000	-6,654,000	168,958,000	83,093,000	-62,349,000	178,366,000	-72,221,000	57,286,000	-18,496,000	-56,627,000	23,164,000	-51,016,000	106,860,000			100,752,000	-130,688,000	-9,451,000	167,772,000	-42,662,000	341,880,000	7,902,000
receivable for investments sold
purchase of palisades assets
contingent earn-out liability
transfer of investments due to consolidation
loans held for investment, at fair value												0	0
securitized debt at fair value, collateralized by loans held for investment												0	4,000
non-agency rmbs, at fair value												0	0
payments on convertible debt purchases														0
settlement of warrants														0	0
retained beneficial interests														0		0		17,334,000	49,811,000
conversion of convertible debt														-1,000	5,527,000	19,289,000	1,200,000
net unrealized losses (gains) on derivatives												10,171,000	-10,307,000			0	0			-71,197,000			-9,204,000	71,540,000	-12,975,000
proceeds (payments) for derivative settlements												0	0
margin (paid) received on derivatives												-37,933,000	-8,291,000			0	0			8,482,000			-6,109,000	-76,551,000	-12,087,000
net unrealized losses (gains) on financial instruments at fair value												-112,026,000	239,513,000	108,286,000	-239,523,000	-61,378,000	-260,767,000			34,306,000			-19,042,000	40,955,000
net realized losses (gains) on sales of investments												39,442,000		0	0	329,000	-65,041,000			6,123,000			-1,000	-3,539,000	-64,107,000	-18,816,000	-69,155,000
other investment (gains) losses												2,383,000	463,000
net increase in benefit from credit losses												3,834,000	-1,534,000	91,000	-385,000	13,000	-1,650,000
(gain) loss on extinguishment of debt												0	0	-979,000	25,621,000	-920,000	55,797,000			-9,263,000			2,000	19,915,000
decrease (increase) in accrued interest receivable												7,581,000	851,000	4,498,000	1,302,000	5,569,000	2,663,000			-7,921,000			-1,356,000	1,810,000	-29,522,000	349,000	6,184,000
decrease (increase) in other assets												23,784,000	-56,857,000	-13,574,000	3,160,000	-9,768,000	33,639,000			857,000			2,045,000	6,151,000	-7,501,000	-1,292,000	505,000
net proceeds from issuance of convertible debt																0	0
purchase of capped call																0	0
net proceeds from preferred stock offerings																		0	0				0
amortization of swaption premium																		112,000	76,000	159,000	430,000	727,000	1,083,000
net other-than-temporary credit impairment losses																		0	0	7,233,000	9,131,000	1,158,000	11,466,000	17,832,000	1,990,000	16,455,000	10,014,000
accretion (amortization) of deferred financing costs and securitized debt discounts/premiums																		-7,216,000	-7,880,000	-4,046,000	-5,218,000	-693,000	-1,784,000
net benefit from credit losses
proceeds from repurchase agreements																		40,368,661,000	36,165,427,000	18,195,718,000	17,452,612,000	13,951,070,000	12,085,438,000	8,056,926,000	8,990,381,000	1,956,468,000	1,196,444,000	8,518,963,000
payments on repurchase agreements																		-41,943,221,000	-35,678,265,000	-16,179,888,000	-15,528,714,000	-13,997,248,000	-11,629,769,000	-7,719,936,000	-6,716,771,000	-1,845,284,000	-1,899,626,000	-8,422,275,000
acquisition of investments in consolidated vies
acquisition of securities in consolidated vies
securitized loans held for investment, at fair value
securitized debt at fair value
common dividends declared, not yet paid																							191,000	-7,294,000	6,000	4,000	3,000
securitized loans held for investment:
net realized losses (gains) on option contracts settled																									0
proceeds (payments) for derivative sales and settlements																								-496,000	-6,553,000
(gains) loss on deconsolidation
benefit from loan losses																									-645,000	-69,000	496,000	47,000
increase in investment management fees and expenses payable to affiliate																								-6,290,000	2,260,000	1,059,000	-1,434,000
disposition of investments in consolidated vies
net proceeds from common stock offerings																												-90,167,000
repurchase of securitized debt borrowings, collateralized by non-agency rmbs																									0
management fees and expenses paid
accretion (amortization) of deferred financing costs and
securitized debt discounts/premiums																								8,865,000
see accompanying notes to consolidated financial statements.
gain on deconsolidation																									0
agency rmbs portfolio:
payment of deferred financing costs																											0
other assets
management fees and expenses paid to affiliate																									7,121,000	5,511,000	14,485,000
accretion (amortization) of securitized debt discounts/premiums																									2,718,000	4,211,000
amortization of deferred financing costs																									496,000	1,365,000	1,215,000
loss on extinguishment of securitized debt																									0
decrease (increase) in other assets of consolidated vies
non-agency rmbs transferred to consolidated vies:
transfer out of non-agency rmbs transferred to consolidated vies
transfer into non-agency rmbs
other assets of consolidated vies
net unrealized losses (gains) on interest-only rmbs																										27,874,000	15,393,000
rmbs portfolio:
net proceeds from direct purchase and dividend reinvestment																											0
net unrealized losses (gains) on interest rate swaps																											4,427,000
proceeds from securitized, collateralized by loans held for investment
proceeds from securitized debt borrowings, collateralized by non-agency rmbs
taxes paid
amortization of debt issue costs of securitized debt
rmbs transferred to consolidated vies:
securitized loans:
proceeds from securitized debt borrowings, loans held for investment
payments on securitized debt borrowings, loans held for investment
proceeds from securitized debt borrowings, rmbs transferred to consolidated vies
payments on securitized debt borrowings, rmbs transferred to consolidated vies
unrealized losses (gains) on interest rate swaps
realized losses (gains) on sales of investments
management fees and expenses paid to affiliates
amortization of debt issue costs of securitized debt, non-retained
net incomees (gains) on interest-only rmbs
unrealized losses (gains) on embedded derivatives in interest-only rmbs
restricted stock grants																												110,000
increase in investment management fees payable to affiliate
mortgage-backed securities portfolio:
mortgage-backed securities portfolio, non-retained:
proceeds from securitized debt borrowings, non-retained
payments on securitized debt borrowings, non-retained
see notes to consolidated financial statements.
realized losses on principal write-downs of non-agency rmbs
payments on securitized debt borrowings
realized gain on termination of interest rate swaps
loans held for investment portfolio:
reverse repurchase agreements
restricted cash
net proceeds from common stock offerings to affiliates
proceeds from securitized debt borrowings
net payments on termination of interest rate swaps
accretion of investment discounts																												-23,676,000
cash flows from operating activites:
realized gain on sale of investments
increase in accrued interest receivable																												-2,389,000
net expenses from common stock offerings
non cash investing activities:
non cash financing activities:
adjustments to reconcile net income to net cash from operating activites:
unrealized gain on interest rate swaps
realized (gain) loss on sale of investments																												-74,508,000
realized losses on principal write-downs
other-than-temporary credit impairments																												2,185,000
increase in investment management fee payable to affiliate																												5,699,000
proceeds from collateralized mortgage debt borrowings
payments on collateralized mortgage debt borrowings																												-29,720,000
dividends paid																												-37,705,000
unrealized (gain) loss on interest rate swaps
net change in unrealized gain on available–for-sale securities

Chimera Investment Corporation(NYSE:CIM)

Chimera Investment Corporation
(NYSE:CIM)