$CIM
CHIMERA INVESTMENT CORP

2015 Q1 Form 10-Q Financial Statement

#000115752315001738 Filed on May 11, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $272.7M $129.0M
YoY Change 111.4% 3.37%
Cost Of Revenue $70.80M $28.60M
YoY Change 147.55% -18.98%
Gross Profit $201.9M $100.4M
YoY Change 101.1% 12.18%
Gross Profit Margin 74.04% 77.83%
Selling, General & Admin $11.10M $4.100M
YoY Change 170.73% -14.58%
% of Gross Profit 5.5% 4.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $10.10M $3.500M
YoY Change 188.57% 2.94%
Operating Profit $191.8M $96.90M
YoY Change 97.94% 12.54%
Interest Expense $60.46M $22.43M
YoY Change 169.59% -22.21%
% of Operating Profit 31.52% 23.14%
Other Income/Expense, Net
YoY Change
Pretax Income $67.04M $100.4M
YoY Change -33.21% 25.77%
Income Tax $1.000K $2.000K
% Of Pretax Income 0.0% 0.0%
Net Earnings $67.04M $100.4M
YoY Change -33.2% 25.77%
Net Earnings / Revenue 24.58% 77.8%
Basic Earnings Per Share $0.33 $0.49
Diluted Earnings Per Share $0.33 $0.50
COMMON SHARES
Basic Shares Outstanding 205.5M shares 205.5M shares
Diluted Shares Outstanding 205.6M shares 205.5M shares

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $120.0M $41.00M
YoY Change 192.68% -93.69%
Cash & Equivalents $119.5M $40.60M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $962.0M $89.00M
Other Receivables $75.00M $31.00M
Total Short-Term Assets $1.157B $161.0M
YoY Change 618.63% -76.53%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.87B $5.783B
YoY Change 87.98% 2.32%
Other Assets
YoY Change
Total Long-Term Assets $16.18B $6.546B
YoY Change 147.23% -2.97%
TOTAL ASSETS
Total Short-Term Assets $1.157B $161.0M
Total Long-Term Assets $16.18B $6.546B
Total Assets $17.34B $6.707B
YoY Change 158.54% -9.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $490.0M $178.0M
YoY Change 175.28% 8800.0%
Accrued Expenses $39.00M $7.000M
YoY Change 457.14% -30.0%
Deferred Revenue
YoY Change
Short-Term Debt $8.296B $1.562B
YoY Change 431.11% 10.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.934B $1.845B
YoY Change 384.23% 20.75%
LONG-TERM LIABILITIES
Long-Term Debt $4.870B $1.466B
YoY Change 232.2% -33.39%
Other Long-Term Liabilities $13.00M $27.00M
YoY Change -51.85% -44.9%
Total Long-Term Liabilities $4.883B $1.493B
YoY Change 227.06% -33.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.934B $1.845B
Total Long-Term Liabilities $4.883B $1.493B
Total Liabilities $13.82B $3.337B
YoY Change 314.08% -11.68%
SHAREHOLDERS EQUITY
Retained Earnings -$1.099B -$1.267B
YoY Change -13.23% 17.86%
Common Stock $3.617B $3.616B
YoY Change 0.04% 0.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.523B $3.370B
YoY Change
Total Liabilities & Shareholders Equity $17.34B $6.707B
YoY Change 158.54% -9.76%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income $67.04M $100.4M
YoY Change -33.2% 25.77%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $34.00M $64.00M
YoY Change -46.88% -3.61%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $396.4M $435.7M
YoY Change -9.02% -7.08%
Cash From Investing Activities $396.4M $435.7M
YoY Change -9.02% -7.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -475.5M -536.8M
YoY Change -11.42% 5.88%
NET CHANGE
Cash From Operating Activities 34.00M 64.00M
Cash From Investing Activities 396.4M 435.7M
Cash From Financing Activities -475.5M -536.8M
Net Change In Cash -45.10M -37.10M
YoY Change 21.56% -231.1%
FREE CASH FLOW
Cash From Operating Activities $34.00M $64.00M
Capital Expenditures
Free Cash Flow
YoY Change

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100368000
CY2014Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6862000
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
100370000
CY2014Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
297904000
CY2014Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-4674000
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
131028000
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
1534000
CY2014Q1 us-gaap Interest Paid Net
InterestPaidNet
19477000
CY2014Q1 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
8377000
CY2014Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-7946000
CY2014Q1 us-gaap Dilutive Securities
DilutiveSecurities
0
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
100368000
CY2014Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
120667000
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
37503000
CY2014Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2184000
CY2014Q1 us-gaap Interest Expense
InterestExpense
22425000
CY2014Q1 us-gaap Accretion Expense
AccretionExpense
2913000
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-37027000
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000
CY2014Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
92454000
CY2014Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
35000
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-536787000
CY2014Q1 us-gaap Impairment Of Investments
ImpairmentOfInvestments
400000
CY2014Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
66000
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
435731000
CY2014Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
319000
CY2014Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
1534000
CY2014Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
6843000
CY2014Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4055000
CY2014Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
1134000
CY2014Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-236000
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
8377000
CY2014Q1 cim Interest Received During Period
InterestReceivedDuringPeriod
102748000
CY2014Q1 cim Investment Management Fees Affiliate Recoveries
InvestmentManagementFeesAffiliateRecoveries
681000
CY2014Q1 cim Other Gains Losses
OtherGainsLosses
13257000
CY2014Q1 cim Investment Management Fees Affiliate
InvestmentManagementFeesAffiliate
6221000
CY2014Q1 cim Noncash Investing Activities Receivable For Investments Sold
NoncashInvestingActivitiesReceivableForInvestmentsSold
88536000
CY2014Q1 cim Management Fees Paid To Related Party
ManagementFeesPaidToRelatedParty
6515000
CY2014Q1 cim Other Expenses Not Reflected In Net Investment Income Loss
OtherExpensesNotReflectedInNetInvestmentIncomeLoss
9595000
CY2014Q1 cim Investment Management Fees Affiliate Net
InvestmentManagementFeesAffiliateNet
5540000
CY2014Q1 cim Noncash Investing Activities Payable For Investments Purchased
NoncashInvestingActivitiesPayableForInvestmentsPurchased
176152000
CY2014Q1 cim Proceeds From Securities Sold Under Agreements To Repurchase Financing Activities
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchaseFinancingActivities
1894296000
CY2014Q1 cim Dividends Declared And Not Paid
DividendsDeclaredAndNotPaid
92454000
CY2014Q1 cim Repayments Of Non Retained Secured Debt
RepaymentsOfNonRetainedSecuredDebt
53177000
CY2014Q1 cim Increase Decrease In Investment Management Fees Payable To Affiliate
IncreaseDecreaseInInvestmentManagementFeesPayableToAffiliate
-294000
CY2014Q1 cim Principal Payments On Securities Sold Under Agreements To Repurchase Financing Activities
PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchaseFinancingActivities
1990937000
CY2014Q1 cim Realized Gain Loss On Settlement Of Derivative Instruments
RealizedGainLossOnSettlementOfDerivativeInstruments
-308000
CY2014Q1 cim Repurchase Of Non Retained Secured Debt
RepurchaseOfNonRetainedSecuredDebt
56072000
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2015Q1 dei Document Type
DocumentType
10-Q
CY2015Q1 dei Entity Registrant Name
EntityRegistrantName
CHIMERA INVESTMENT CORP
CY2015Q1 dei Trading Symbol
TradingSymbol
CIM
CY2015Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2015Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
39480 shares
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
34010000
CY2015Q1 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
On March 12, 2015, The Company's board of directors approved a 1-for-5 reverse stock split of its common stock. The reverse stock split was effective after the close of trading on April 6, 2015, and the shares of the Company's common stock began trading on a reverse split-adjusted basis on the New York Stock Exchange beginning at the opening of trading on April 7, 2015.
CY2015Q1 us-gaap Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
The interest rates of the Company's repurchase agreements are generally indexed to the one-month, three-month and twelve-month LIBOR rates and re-price accordingly.
CY2015Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-WEIGHT: bold; DISPLAY: inline"> (o) Use of Estimates</font></div> <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Although the Company&#x2019;s estimates contemplate current conditions and how it expects them to change in the future, it is reasonably possible that actual conditions could be materially different than anticipated in those estimates, which could have a material adverse impact on the Company&#x2019;s results of operations and its financial condition. Management has made significant estimates in accounting for income recognition and OTTI on Agency and Non-Agency RMBS and IO MBS (Note 3), valuation of Agency MBS and Non-Agency RMBS (Notes 3 and 5), residential mortgage loans (Note 4), securitized debt&#xA0;&#xA0;(Note7) and derivative instruments (Notes 5 and 9).&#xA0;&#xA0;Actual results could differ materially from those estimates.</font></div> </div>
CY2015Q1 dei Document Period End Date
DocumentPeriodEndDate
2015-03-31
CY2015Q1 dei Amendment Flag
AmendmentFlag
false
CY2015Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
205566956 shares
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2015Q1 us-gaap Interest Expense
InterestExpense
60456000
CY2015Q1 us-gaap Accretion Expense
AccretionExpense
1384000
CY2015Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001409493
CY2015Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2015Q1 us-gaap Nature Of Common Ownership Or Management Control Relationships
NatureOfCommonOwnershipOrManagementControlRelationships
FIDAC is a wholly-owned subsidiary of Annaly
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-45103000
CY2015Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases Sales Issues Settlements
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-565000
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1000
CY2015Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
98679000
CY2015Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
7483000
CY2015Q1 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">The repurchase agreements outstanding, weighted average borrowing rates, weighted average remaining maturities, average daily balances and the fair value of collateral pledged as of March 31, 2015 and December 31, 2014 is:</font></div> <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"> <div align="center"> <table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="80%"> <tr> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="10%" colspan="2" nowrap="nowrap"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">March 31, 2015</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="10%" colspan="2" nowrap="nowrap"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">December 31, 2014</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Repurchase agreements outstanding (in thousands)</font></div> </td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> $</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,296,224</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> $</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,455,381</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="white"> <td valign="bottom" width="76%" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Average Daily Balance </font></td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,315,355</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,247,722</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Weighted average borrowing rate</font></div> </td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0.68</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">%</font></td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0.63</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">%</font></td> </tr> <tr bgcolor="white"> <td valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Weighted average maturity</font></div> </td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td valign="bottom" width="10%" colspan="2" nowrap="nowrap" align="right"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">65 Days</font></div> </td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td valign="bottom" width="10%" colspan="2" nowrap="nowrap" align="right"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">100 Days</font></div> </td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">RMBS pledged as collateral at fair value (in thousands)</font></div> </td> <td valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> &#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> &#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="white"> <td style="TEXT-INDENT: 9pt" valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 9pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Agency</font></div> </td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> $</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,420,904</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> $</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,822,554</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td style="BORDER-BOTTOM: black 2px solid; TEXT-INDENT: 9pt" valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 9pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Non-Agency</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,853,506</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,487,184</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> </table> </div> </div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#xA0;</font></div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#xA0;</font></div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">At March 31, 2015 and December 31, 2014, the repurchase agreements collateralized by RMBS had the following remaining maturities.</font></div> <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br /></div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"> <div align="center"> <table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="70%"> <tr> <td valign="bottom" width="76%">&#xA0;</td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td valign="bottom" width="10%" colspan="2" nowrap="nowrap" align="right"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">March 31, 2015</font></div> </td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td valign="bottom" width="10%" colspan="2" nowrap="nowrap" align="right"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">December 31, 2014</font></div> </td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="22%" colspan="6" nowrap="nowrap"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">(dollars in thousands)</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr> <td valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Overnight</font></div> </td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> $</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> $</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1 to 29 days</font></div> </td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,614,649</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,652,717</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="white"> <td valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">30 to 59 days</font></div> </td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">688,176</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,371,856</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">60 to 89 days</font></div> </td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">774,529</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">656,915</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="white"> <td valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">90 to 119 days</font></div> </td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">-</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td valign="bottom" width="1%" align="right">&#xA0;</td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="TEXT-ALIGN: right" valign="bottom" width="9%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,068,740</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Greater than or equal to 120 days</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,218,870</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%">&#xA0;</td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,705,153</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> <tr bgcolor="white"> <td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="76%" align="left"> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total</font></div> </td> <td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right">&#xA0;</td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,296,224</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> <td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right">&#xA0;</td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">$</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: right" valign="bottom" width="9%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,455,381</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap">&#xA0;</td> </tr> </table> </div> </div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; DISPLAY: inline">&#xA0;</font></div> </div>
CY2015Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
205527476 shares
CY2015Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
4055000
CY2015Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
189727000
CY2015Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
182689000
CY2015Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-42086000
CY2015Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-10425000
CY2015Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
453000
CY2015Q1 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
12897000
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-41173000
CY2015Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
67041000
CY2015Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5082000
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
67042000
CY2015Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
92483000
CY2015Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
3497000
CY2015Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
117241000
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
25868000
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
7815000
CY2015Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
27009000
CY2015Q1 us-gaap Cumulative Effect Of Prospective Application Of New Accounting Principle
CumulativeEffectOfProspectiveApplicationOfNewAccountingPrinciple
-12137000
CY2015Q1 us-gaap Interest Paid Net
InterestPaidNet
54359000
CY2015Q1 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
29565000
CY2015Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-106610000
CY2015Q1 us-gaap Dilutive Securities
DilutiveSecurities
0
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
67041000
CY2015Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
243145000
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-19912000
CY2015Q1 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
-3635000
CY2015Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Other Comprehensive Income Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInOtherComprehensiveIncomeLoss
1000
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-475491000
CY2015Q1 us-gaap Impairment Of Investments
ImpairmentOfInvestments
1052000
CY2015Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
453000
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
396378000
CY2015Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
7815000
CY2015Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
21261000
CY2015Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11149000
CY2015Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
6763000
CY2015Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
486561000
CY2015Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1754000
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
29076000
CY2015Q1 cim Interest Received During Period
InterestReceivedDuringPeriod
226749000
CY2015Q1 cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss On Sale Included In Net Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossOnSaleIncludedInNetIncome
3478000
CY2015Q1 cim Other Expenses Not Reflected In Net Investment Income Loss
OtherExpensesNotReflectedInNetInvestmentIncomeLoss
20362000
CY2015Q1 cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Collections
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetCollections
47822000
CY2015Q1 cim Identification Of Company Manager
IdentificationOfCompanyManager
Fixed Income Discount Advisory Company
CY2015Q1 cim Investment Management Fees Affiliate Recoveries
InvestmentManagementFeesAffiliateRecoveries
1113000
CY2015Q1 cim Other Gains Losses
OtherGainsLosses
-87470000
CY2015Q1 cim Investment Management Fees Affiliate
InvestmentManagementFeesAffiliate
10326000
CY2015Q1 cim Noncash Investing Activities Receivable For Investments Sold
NoncashInvestingActivitiesReceivableForInvestmentsSold
962121000
CY2015Q1 cim Gain Loss On Termination Of Interest Rate Swaps
GainLossOnTerminationOfInterestRateSwaps
-68579000
CY2015Q1 cim Management Fees Paid To Related Party
ManagementFeesPaidToRelatedParty
10315000
CY2015Q1 cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Accretions
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretions
41303000
CY2015Q1 cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Than Temporary Impairments
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherThanTemporaryImpairments
7815000
CY2015Q1 cim Proceeds From Payments To Settle Derivative Instruments
ProceedsFromPaymentsToSettleDerivativeInstruments
-7387000
CY2015Q1 cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gains Losses Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainsLossesIncludedInEarnings
-16669000
CY2015Q1 cim Investment Management Fees Affiliate Net
InvestmentManagementFeesAffiliateNet
9213000
CY2015Q1 cim Noncash Investing Activities Payable For Investments Purchased
NoncashInvestingActivitiesPayableForInvestmentsPurchased
489784000
CY2015Q1 cim Proceeds From Securities Sold Under Agreements To Repurchase Financing Activities
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchaseFinancingActivities
12717788000
CY2015Q1 cim Dividends Declared And Not Paid
DividendsDeclaredAndNotPaid
98679000
CY2015Q1 cim Repayments Of Non Retained Secured Debt
RepaymentsOfNonRetainedSecuredDebt
34124000
CY2015Q1 cim Increase Decrease In Investment Management Fees Payable To Affiliate
IncreaseDecreaseInInvestmentManagementFeesPayableToAffiliate
11000
CY2015Q1 cim Principal Payments On Securities Sold Under Agreements To Repurchase Financing Activities
PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchaseFinancingActivities
12876945000
CY2015Q1 cim Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Realized Gain Loss On Sale Included In Net Income
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationRealizedGainLossOnSaleIncludedInNetIncome
412000
CY2015Q1 cim Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Unrealized Gains Losses Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationUnrealizedGainsLossesIncludedInEarnings
224000

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