Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 231

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 231
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. The fair value of equity method investments is based on the fund valuation received from the manager of the fund. The Company has classified the characteristics used to determine the fair value of equity method investments as Level 3 inputs in the fair value hierarchy. The equity method investments are included in other assets on the Consolidated Statement of Financial Condition.The Company’s financial assets and liabilities carried at fair value on a recurring basis, including the level in the fair value hierarchy, at December 31, 2024 and December 31, 2023 are presented below.

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December 31, 2024   (dollars in thousands)   Level 1Level 2Level 3Counterparty and Cash Collateral, nettingTotalAssets:     Non-Agency RMBS, at fair value$— $— $1,064,169 $— $1,064,169 Agency MBS, at fair value— 519,218 — — 519,218 Loans held for investment, at fair value— 337,833 10,858,845 — 11,196,678 Derivatives, at fair value117 7,146 — (7,146)117 Liabilities:     Secured Financing Agreement, at fair value— 319,456 — — 319,456 Securitized debt at fair value, collateralized by Loans held for investment— — 6,984,495 — 6,984,495 Derivatives, at fair value— — — — — December 31, 2023  (dollars in thousands) Level 1Level 2Level 3Counterparty and Cash Collateral, nettingTotalAssets:     Non-Agency RMBS, at fair value$— $— $1,043,806 $— $1,043,806 Agency MBS, at fair value— 102,484 — — 102,484 Loans held for investment, at fair value— 271,994 11,125,052 — 11,397,046 Derivatives, at fair value— 18,817 — (18,817)— Liabilities:     Secured Financing Agreement, at fair value— 350,238 — — 350,238 Securitized debt at fair value, collateral