2015 Q4 Form 10-Q Financial Statement

#000115752315003759 Filed on November 05, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $236.2M $215.4M $254.5M
YoY Change -11.2% -15.36% 109.81%
Cost Of Revenue $70.90M $78.50M $48.30M
YoY Change -7.2% 62.53% 52.85%
Gross Profit $165.3M $136.9M $206.2M
YoY Change -12.82% -33.61% 129.88%
Gross Profit Margin 69.98% 63.56% 81.02%
Selling, General & Admin $15.70M $12.50M $5.800M
YoY Change -2.48% 115.52% 61.11%
% of Gross Profit 9.5% 9.13% 2.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $18.70M $13.80M -$20.70M
YoY Change 57.14% -166.67% -962.5%
Operating Profit $146.6M $123.1M $226.9M
YoY Change -17.5% -45.75% 159.91%
Interest Expense $64.96M $67.91M $38.89M
YoY Change -1.28% 74.64% 55.08%
% of Operating Profit 44.31% 55.17% 17.14%
Other Income/Expense, Net
YoY Change
Pretax Income $115.4M -$48.26M $377.6M
YoY Change 1675.38% -112.78% 460.48%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $115.4M -$48.26M $377.6M
YoY Change 1678.91% -112.78% 460.48%
Net Earnings / Revenue 48.85% -22.4% 148.36%
Basic Earnings Per Share $0.61 -$0.24 $1.85
Diluted Earnings Per Share $608.3K -$0.24 $1.85
COMMON SHARES
Basic Shares Outstanding 189.0M shares 197.8M shares 205.4M shares
Diluted Shares Outstanding 197.9M shares 205.5M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $114.0M $40.00M $242.0M
YoY Change -30.91% -83.47% 93.6%
Cash & Equivalents $114.1M $40.10M $241.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $0.00 $58.00M $0.00
Other Receivables $66.00M $69.00M $73.00M
Total Short-Term Assets $180.0M $167.0M $315.0M
YoY Change -90.04% -46.98% -12.5%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.19B $10.31B $11.49B
YoY Change -13.97% -10.34% 97.14%
Other Assets
YoY Change
Total Long-Term Assets $15.16B $15.77B $17.18B
YoY Change -12.58% -8.17% 157.58%
TOTAL ASSETS
Total Short-Term Assets $180.0M $167.0M $315.0M
Total Long-Term Assets $15.16B $15.77B $17.18B
Total Assets $15.34B $15.94B $17.49B
YoY Change -19.89% -8.87% 148.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $572.0M $727.0M $849.0M
YoY Change -69.05% -14.37% 10512.5%
Accrued Expenses $37.00M $40.00M $42.00M
YoY Change 15.63% -4.76% 500.0%
Deferred Revenue
YoY Change
Short-Term Debt $7.439B $7.151B $7.838B
YoY Change -12.02% -8.76% 393.27%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.138B $8.013B $8.830B
YoY Change -22.03% -9.25% 418.5%
LONG-TERM LIABILITIES
Long-Term Debt $4.250B $4.793B $5.053B
YoY Change -16.58% -5.15% 193.78%
Other Long-Term Liabilities $10.00M $15.00M $16.00M
YoY Change -28.57% -6.25% -57.89%
Total Long-Term Liabilities $4.260B $4.808B $5.069B
YoY Change -16.62% -5.15% 188.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.138B $8.013B $8.830B
Total Long-Term Liabilities $4.260B $4.808B $5.069B
Total Liabilities $12.40B $12.82B $13.90B
YoY Change -20.25% -7.76% 301.62%
SHAREHOLDERS EQUITY
Retained Earnings $1.891B -$1.221B -$969.5M
YoY Change -279.19% 25.98% -7.6%
Common Stock $3.368B $3.405B $3.616B
YoY Change -6.86% -5.83% 0.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.946B $3.119B $3.591B
YoY Change
Total Liabilities & Shareholders Equity $15.34B $15.94B $17.49B
YoY Change -19.89% -8.87% 148.87%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $115.4M -$48.26M $377.6M
YoY Change 1678.91% -112.78% 460.48%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $142.4M $61.60M $121.2M
YoY Change 419.71% -49.17% 45.67%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $80.10M $210.0M -$2.137B
YoY Change -126.12% -109.83% -2988.11%
Cash From Investing Activities $80.10M $210.0M -$2.137B
YoY Change -126.12% -109.83% -2988.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -148.6M -281.0M 2.184B
YoY Change -173.49% -112.87% -1192.5%
NET CHANGE
Cash From Operating Activities 142.4M 61.60M 121.2M
Cash From Investing Activities 80.10M 210.0M -2.137B
Cash From Financing Activities -148.6M -281.0M 2.184B
Net Change In Cash 73.90M -9.400M 167.9M
YoY Change -195.85% -105.6% -493.21%
FREE CASH FLOW
Cash From Operating Activities $142.4M $61.60M $121.2M
Capital Expenditures
Free Cash Flow
YoY Change

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2000
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
3932000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
109792000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11996000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
9455000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
164014000
us-gaap Impairment Of Investments
ImpairmentOfInvestments
4939000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
35649000
us-gaap Proceeds From Securitizations Of Loans Held For Investment
ProceedsFromSecuritizationsOfLoansHeldForInvestment
128173000
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
169000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1197000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
277370000
us-gaap Variable Interest Entity Activity Between Vie And Entity Expense
VariableInterestEntityActivityBetweenVIEAndEntityExpense
3610000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-5471937000
cim Proceeds From Payments To Settle Derivative Instruments
ProceedsFromPaymentsToSettleDerivativeInstruments
-1076000
cim Provision Recoveries For Loan Losses
ProvisionRecoveriesForLoanLosses
-112000
cim Investment Management Fees Affiliate Recoveries
InvestmentManagementFeesAffiliateRecoveries
4820000
cim Other Gains Losses
OtherGainsLosses
237117000
cim Other Comprehensive Income Loss Reclassification Adjustment From Accumulated Other Comprehensive Income For Gain On Deconsolidation Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAccumulatedOtherComprehensiveIncomeForGainOnDeconsolidationNetOfTax
47846000
cim Other Income Expense Not Reflected In Net Investment Income Loss
OtherIncomeExpenseNotReflectedInNetInvestmentIncomeLoss
23783000
cim Investment Management Fees Affiliate Net
InvestmentManagementFeesAffiliateNet
17053000
cim Interest Received During Period
InterestReceivedDuringPeriod
353825000
cim Noncash Investing Activities Payable For Investments Purchased
NoncashInvestingActivitiesPayableForInvestmentsPurchased
848131000
cim Investment Management Fees Affiliate
InvestmentManagementFeesAffiliate
21873000
cim Other Income Expense Net
OtherIncomeExpenseNet
-8876000
cim Dividends Declared And Not Paid
DividendsDeclaredAndNotPaid
92461000
cim Repayments Of Non Retained Secured Debt
RepaymentsOfNonRetainedSecuredDebt
144138000
cim Increase Decrease In Investment Management Fees Payable To Affiliate
IncreaseDecreaseInInvestmentManagementFeesPayableToAffiliate
2882000
cim Principal Payments On Securities Sold Under Agreements To Repurchase Financing Activities
PrincipalPaymentsOnSecuritiesSoldUnderAgreementsToRepurchaseFinancingActivities
11616008000
cim Realized Gain Loss On Settlement Of Derivative Instruments
RealizedGainLossOnSettlementOfDerivativeInstruments
-1246000
cim Repurchase Of Non Retained Secured Debt
RepurchaseOfNonRetainedSecuredDebt
56072000
cim Proceeds From Securities Sold Under Agreements To Repurchase Financing Activities
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchaseFinancingActivities
17795611000
cim Management Fees Paid
ManagementFeesPaid
18991000
dei Document Type
DocumentType
10-Q
dei Trading Symbol
TradingSymbol
CIM
dei Entity Central Index Key
EntityCentralIndexKey
0001409493
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.44
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
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.
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
202891610 shares
us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div> <p><font size="2">The repurchase agreements outstanding, weighted average borrowing rates, weighted average remaining maturities, average daily balances and the fair value of collateral pledged as of September 30, 2015 and December 31, 2014 is:</font></p> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left">&#xA0;</div> <div id="PGBRK" style="MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"> <div> <div align="left"> <table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="100%"> <tr> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="74%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="11%" colspan="2"> <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">September 30, 2015</font></div> </td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="11%" colspan="2"> <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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr> <td valign="bottom" width="74%" 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 secured by:</font></div> </td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="11%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="11%" colspan="2"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="74%" 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">Agency MBS (in thousands)</font></div> </td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,149,291</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">&#xA0;</font></td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,422,040</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">&#xA0;</font></td> </tr> <tr bgcolor="white"> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="74%" 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">Non-agency MBS (in thousands)</font></div> </td> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2,001,530</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,033,341</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left; PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt" valign="bottom" width="74%"> <div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total:</font></div> </td> <td style="PADDING-BOTTOM: 4px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,150,821</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"><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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr bgcolor="white"> <td valign="bottom" width="74%" 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">Average daily balance of Repurchase agreements secured by:</font></div> </td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="74%" 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">Agency MBS (in thousands)</font></div> </td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,938,754</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">&#xA0;</font></td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">4,862,939</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">&#xA0;</font></td> </tr> <tr bgcolor="white"> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="74%" 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">Non-agency MBS (in thousands)</font></div> </td> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,470,451</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">329,716</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left; PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt" valign="bottom" width="74%"> <div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total:</font></div> </td> <td style="PADDING-BOTTOM: 4px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,409,205</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,192,654</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr bgcolor="white"> <td valign="bottom" width="74%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> </tr> <tr bgcolor="white"> <td valign="bottom" width="74%" 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 of Repurchase agreements secured by:</font></div> </td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="74%" 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">Agency MBS</font></div> </td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0.57</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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">0.44</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="74%" 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">Non-agency MBS</font></div> </td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">2.40</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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1.98</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="#CCEEFF"> <td valign="bottom" width="74%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> </tr> <tr bgcolor="white"> <td valign="bottom" width="74%" 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 of Repurchase agreements secured by:</font></div> </td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="74%" 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">Agency MBS</font></div> </td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="11%" colspan="2" 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">80 Days</font></div> </td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="11%" colspan="2" 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">94 Days</font></div> </td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr bgcolor="white"> <td valign="bottom" width="74%" 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">Non-agency MBS</font></div> </td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="11%" colspan="2" 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">203 Days</font></div> </td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="11%" colspan="2" 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">146 Days</font></div> </td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="74%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> </tr> <tr bgcolor="white"> <td valign="bottom" width="74%" 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">MBS pledged as collateral at fair value on Repurchase agreements:</font></div> </td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> <td valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</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">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="74%" 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">Agency MBS (in thousands)</font></div> </td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">5,476,562</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">&#xA0;</font></td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"> <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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr bgcolor="white"> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="74%" 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">Non-agency MBS (in thousands)</font></div> </td> <td style="PADDING-BOTTOM: 2px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">3,005,693</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="10%"><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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="PADDING-BOTTOM: 4px; TEXT-ALIGN: left; PADDING-LEFT: 0pt; MARGIN-LEFT: 9pt" valign="bottom" width="74%"> <div style="TEXT-ALIGN: left; MARGIN-LEFT: 9pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">Total:</font></div> </td> <td style="PADDING-BOTTOM: 4px" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">8,482,255</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="10%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">9,309,738</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> </table> </div> </div> </div> <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#xA0;</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 September 30, 2015 and December 31, 2014, the repurchase agreements collateralized by RMBS had the following remaining maturities.</font></div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left">&#xA0;</div> <div style="MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt" align="left"> <div align="center"> <table style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman" cellspacing="0" cellpadding="0" width="60%"> <tr> <td valign="bottom" width="58%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: center" valign="bottom" width="19%" colspan="2"> <div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">September 30, 2015</font></div> </td> <td style="TEXT-ALIGN: center" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: center" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: center" valign="bottom" width="19%" colspan="2"> <div style="TEXT-ALIGN: center; MARGIN-LEFT: 0pt; DISPLAY: block; MARGIN-RIGHT: 0pt; TEXT-INDENT: 0pt"> <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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="58%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid" valign="bottom" width="19%" colspan="7"> <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> </tr> <tr bgcolor="#CCEEFF"> <td valign="bottom" width="58%" 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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="18%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">33,119</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">&#xA0;</font></td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="18%"> <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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr bgcolor="white"> <td valign="bottom" width="58%" 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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="TEXT-ALIGN: left" valign="bottom" width="1%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline"> &#xA0;</font></td> <td style="TEXT-ALIGN: right" valign="bottom" width="18%"> <font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">1,620,979</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">&#xA0;</font></td> <td valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; 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FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: left" valign="bottom" width="1%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 2px solid; TEXT-ALIGN: right" valign="bottom" width="18%"><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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="58%" 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"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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="18%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">7,150,821</font></td> <td style="BORDER-BOTTOM: black 4px double; TEXT-ALIGN: left" valign="bottom" width="1%" nowrap="nowrap"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></td> <td style="BORDER-BOTTOM: black 4px double" valign="bottom" width="1%" align="right"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; DISPLAY: inline">&#xA0;</font></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; 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CHIMERA INVESTMENT CORP
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us-gaap Use Of Estimates
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<div style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold"> (o) Use of Estimates</font></div> <div style="TEXT-INDENT: 0pt; DISPLAY: block"><br /></div> <div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">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 (Note7) and derivative instruments (Notes 5 and 9). Actual results could differ materially from those estimates.</font></div> </div>
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cim Proceeds From Securities Sold Under Agreements To Repurchase Financing Activities
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchaseFinancingActivities
32627948000
cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Due To Consolidation
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersDueToConsolidation
108764000
cim Management Fees Paid
ManagementFeesPaid
30975000
cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Accretion Amortization
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretionAmortization
76566000
CY2014 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-68750000
CY2014 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
611052000
CY2014 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases Sales Issues Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchasesSalesIssuesSettlements
-8479000
CY2014 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
868275000
CY2014 cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Other Than Temporary Impairments
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetOtherThanTemporaryImpairments
63992000
CY2014 cim Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Unrealized Gains Losses Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationUnrealizedGainsLossesIncludedInEarnings
-341000
CY2014 cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain On Deconsolidation Included In Net Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainOnDeconsolidationIncludedInNetIncome
47846000
CY2014 cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Unrealized Gains Losses Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetUnrealizedGainsLossesIncludedInEarnings
195901000
CY2014 cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Collections
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetCollections
85713000
CY2014 cim Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Realized Gain Loss On Sale Included In Net Income
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationRealizedGainLossOnSaleIncludedInNetIncome
8749000
CY2014 cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Realized Gain Loss On Sale Included In Net Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetRealizedGainLossOnSaleIncludedInNetIncome
71383000
CY2014 cim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Accretion Amortization
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretionAmortization
106566000
CY2014Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
205436676 shares
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.85
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
205501776 shares
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.85
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
65100 shares
CY2014Q3 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
64107000
CY2014Q3 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-10177000
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
242938000
CY2014Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
162921000
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
1990000
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
377580000
CY2014Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
151469000
CY2014Q3 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-23152000
CY2014Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
190355000
CY2014Q3 us-gaap Dilutive Securities
DilutiveSecurities
0
CY2014Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
377580000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
377580000
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-74155000
CY2014Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
12975000
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-134642000
CY2014Q3 us-gaap Interest Expense
InterestExpense
38886000
CY2014Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
1990000
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
62477000
CY2014Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
1264000
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2538000
CY2014Q3 us-gaap Impairment Of Investments
ImpairmentOfInvestments
726000
CY2014Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
92000000
CY2014Q3 us-gaap Variable Interest Entity Activity Between Vie And Entity Expense
VariableInterestEntityActivityBetweenVIEAndEntityExpense
2589000
CY2014Q3 cim Investment Management Fees Affiliate Recoveries
InvestmentManagementFeesAffiliateRecoveries
1975000
CY2014Q3 cim Other Gains Losses
OtherGainsLosses
216851000
CY2014Q3 cim Other Income Expense Not Reflected In Net Investment Income Loss
OtherIncomeExpenseNotReflectedInNetInvestmentIncomeLoss
23783000
CY2014Q3 cim Investment Management Fees Affiliate Net
InvestmentManagementFeesAffiliateNet
7406000
CY2014Q3 cim Investment Management Fees Affiliate
InvestmentManagementFeesAffiliate
9381000
CY2014Q3 cim Other Income Expense Net
OtherIncomeExpenseNet
11250000
CY2015Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
197787858 shares
CY2015Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
17000000 shares
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
CY2015Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
13.94
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
197875408 shares
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
87550 shares
CY2015Q3 us-gaap Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
3539000
CY2015Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-19915000
CY2015Q3 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-92700000
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-17818000
CY2015Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-40955000
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
17832000
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-48259000
CY2015Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
143966000
CY2015Q3 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-21160000
CY2015Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
211876000
CY2015Q3 us-gaap Dilutive Securities
DilutiveSecurities
0
CY2015Q3 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-48259000
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-48259000
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
16512000
CY2015Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-71540000
CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
30441000
CY2015Q3 us-gaap Interest Expense
InterestExpense
67910000
CY2015Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
17832000
CY2015Q3 us-gaap Other Nonrecurring Expense
OtherNonrecurringExpense
2426000
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
3903000
CY2015Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
14703000
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8534000
CY2015Q3 us-gaap Impairment Of Investments
ImpairmentOfInvestments
3129000
CY2015Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
3955000
CY2015Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
91000000
CY2015Q3 us-gaap Variable Interest Entity Activity Between Vie And Entity Expense
VariableInterestEntityActivityBetweenVIEAndEntityExpense
6499000
CY2015Q3 cim Investment Management Fees Affiliate Recoveries
InvestmentManagementFeesAffiliateRecoveries
1140000
CY2015Q3 cim Other Gains Losses
OtherGainsLosses
-150031000
CY2015Q3 cim Investment Management Fees Affiliate Net
InvestmentManagementFeesAffiliateNet
2948000
CY2015Q3 cim Investment Management Fees Affiliate
InvestmentManagementFeesAffiliate
4088000
CY2015Q3 cim Other Income Expense Net
OtherIncomeExpenseNet
-24362000
CY2015Q3 cim Committed Payments For Repurchase Of Common Stock
CommittedPaymentsForRepurchaseOfCommonStock
231000000

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