Company: CIMO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038345
Chunk: 51

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 2
Chunk 51
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 For the six months ended June 30, 2024, we granted 179 thousand PSU awards to senior management with a grant date fair value of $3 million.

At June 30, 2025 and December 31, 2024, there were approximately $2 million and $1 million, respectively, unvested shares of RSUs and PSUs issued to our employees and directors.

Contractual Obligations and Commitments

The following tables summarize our contractual obligations at June 30, 2025 and December 31, 2024. The estimated principal repayment schedule of the securitized debt is based on expected cash flows of the residential mortgage loans or RMBS, as adjusted for expected principal write-downs on the underlying collateral of the debt.

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June 30, 2025 (dollars in thousands)Contractual ObligationsWithin One YearOne to Three YearsThree to Five YearsGreater Than or Equal to Five YearsTotalSecured financing agreements$3,647,875 $923,518 $— $— $4,571,393 Securitized debt, collateralized by Non-Agency RMBS— — — 2 2 Securitized debt at fair value, collateralized by Loans held for investment1,272,191 2,095,590 1,934,672 2,157,496 7,459,949 Interest expense on MBS secured financing agreements (1)29,895 5,478 — — 35,373 Interest expense on securitized debt (1)257,264 394,960 259,693 328,080 1,239,997 Total$5,207,225 $3,419,546 $2,194,365 $2,485,578 $13,306,714 

(1) Interest is based on variable rates in effect as of June 30, 2025.

December 31, 2024 (dollars in thousands)Contractual ObligationsWithin One YearOne to Three YearsThree to Five YearsGreater Than or Equal to Five YearsTotalSecured financing agreements$2,504,915 $337,245 $— $— $2,842,160 Securitized debt, collateralized by Non-Agency RMBS— 13 — 13 26 Securitized debt at fair value, collateral