Company: CIMO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038345
Chunk: 29

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 2
Chunk 29
---
 computed in accordance with GAAP. In addition, our methodology for calculating Earnings available for distribution may differ from the methodologies employed by other REITs to calculate the same or similar supplemental performance measures, and accordingly, our Earnings available for distribution may not be comparable to the Earnings available for distribution reported by other REITs. 

The following table provides GAAP measures of net income and net income per diluted share available to common stockholders for the periods presented and details with respect to reconciling the line items to Earnings available for distribution and related per average diluted common share amounts. Earnings available for distribution is presented on an adjusted dilutive shares basis.

 For the Quarters Ended June 30, 2025March 31, 2025December 31, 2024September 30, 2024June 30, 2024 (dollars in thousands, except per share data)GAAP Net income (loss) available to common stockholders$14,024 $145,940 $(168,275)$113,672 $33,913 Adjustments (1): Net unrealized (gains) losses on financial instruments at fair value(6,971)(128,895)181,197 (104,012)(11,231)Net realized (gains) losses on sales of investments1,915 — 1,468 — — (Gains) losses on extinguishment of debt— (2,122)— — — Increase (decrease) in provision for credit losses4,409 3,387 4,448 358 3,684 Net unrealized (gains) losses on derivatives2,554 6,469 (276)14,457 (11,955)Realized (gains) losses on derivatives17,954 (82)(641)4,864 17,317 Transaction expenses390 5,688 4,707 2,317 — Stock Compensation expense for retirement eligible awards(501)1,432 (307)(424)(419)Amortization of intangibles and depreciation expenses (2)949 951 321 — — Non-cash imputed compensation related to business acquisition341 341 10,296 — — Other investment (gains) losses(2,953)417 (2,490)(1,366)(1,001)Earnings available for distribution$