CHIMERA INVESTMENT CORP CIM Cash Flow

Chimera investment corp (CIM)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash Flows From Operating Activities:
Net income
-370,755	130,318	106,326	58,760	118,147	-102,798	157,319	118,109	239,007	107,608	139,236	115,017	162,807	221,901	172,816	74,128	83,098	115,380	-48,259	116,187	67,041	6,488	377,580	104,769	100,368	72,311	67,367	143,207	79,801	78,685	128,068	40,781	80,233	42,748	-60,036	53,979	100,638	-101,183	99,399	124,579	125,610
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
(Accretion) amortization of investment discounts/premiums, net
-36,319	-6,790	-22,555	-23,527	-6,030	-6,212	-11,120	-8,780	-2,521	8,153	8,872	-5,315	13,712	7,211	265	2,120	-6,469	-7,238	-6,601	-2,871	12,897	21,285	11,359	20,134	19,791	24,375	15,608	21,551	19,052	22,517	16,405	17,985	10,355	17,285	22,371	11,859	9,190	-131,347	79,019	64,969	53,842
Accretion (amortization) of deferred financing costs and securitized debt discounts/premiums, net
-18,318	-7,216	-7,880	-8,372	-5,955	-3,167	-4,046	-5,218	-693	746	-1,784	3,324	5,109	7,312	-10,788	2,438	2,581	5,591	8,865	1,305	1,384	2,097	3,214	3,328	2,913	8,707	4,211	2,940	1,813	3,516	4,352	-8,986	8,103	3,099	2,949	3,151	3,352	-	-	-	-
Amortization of swaption premium
0	112	76	399	160	160	159	430	727	801	1,083	1,082	3,303	1,429	1,850	1,624	1,656	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,365	1,736	2,114	2,066	1,215	2,044	3,221	-	386	452	456	-	-	-	-
Net unrealized losses (gains) on derivatives
201,000	83,656	31,621	-132,171	-89,315	-319,673	71,197	25,895	81,419	28,074	9,204	5,802	4,896	101,475	27,628	22,100	-101,110	46,842	-71,540	88,028	4,055	-91,776	12,975	-22,497	-2,198	15,762	27	13,178	5,402	-	-	-	-	-	-	-	-	-	-	-	-
Net realized losses (gains) on option contracts settled
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-938	-308	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds (payments) for derivative sales and settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,168	-496	-4,444	-7,387	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Margin (paid) received on derivatives
-325,594	-113,378	-50,924	58,487	98,565	348,552	-8,482	24,720	-43,891	-35,390	6,109	2,813	-4,974	-97,333	-31,618	-26,057	98,958	-51,760	76,551	-103,827	-3,635	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net unrealized losses (gains) on financial instruments at fair value
-260,887	-	-	-	200,812	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net unrealized losses (gains) on interest rate swaps
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,992	812	-	-25,312	-19,500	9,831	-	-	-	-
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net
-	-	-	-	-	84,836	-34,306	-18,364	14,466	-47,637	19,042	67,762	72,243	-20,665	32,999	30,347	16,871	-69,793	-40,955	-37,260	-10,425	9,812	162,921	5,791	15,010	-2,416	-27,874	-12,974	-1,013	811	-15,393	-2,532	17,947	-12,934	-17,600	11,883	4,106	-	-	-	-
Provision for loan losses, net
6,314	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-120	-645	214	319	-451	-69	-1,703	424	764	496	-1,059	167	3,849	0	0	1,442	4,997	482	1,024	606
Gain (Loss) on Sales of Mortgage Backed Securities (MBS)
75,854	17,687	1,596	-7,526	8,603	1,213	-6,123	2,167	0	-586	1	4,541	5,167	11,120	3,079	6,630	-2,674	34,285	3,539	9,685	29,565	23,564	64,107	-4,339	8,377	-4,832	18,816	54,117	6	1	69,155	0	16,010	52,566	58	-913	2,642	14,959	2,032	0	342
Net other-than-temporary credit impairment losses
0	0	0	0	4,853	4,269	7,233	9,131	1,158	18,180	11,466	13,509	18,701	14,780	11,574	20,955	10,678	14,696	17,832	27,101	7,815	55,121	1,990	5,347	1,534	22,549	16,455	0	6,163	8,185	10,014	65,687	48,364	111,192	150,560	62,170	33,183	80,741	41,667	6,893	2,544
Realized losses on principal write-downs of non-Agency RMBS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-326	-949
(Gain) loss on extinguishment of debt
0	9,926	0	-608	0	7,056	9,263	387	9,670	12,742	-2	-48,014	0	1,334	-45	0	-1,766	-	-	-	-	0	0	0	-2,184	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity-based compensation expense
1,143	1,243	2,720	3,939	2,682	2,226	1,805	2,240	2,526	859	1,152	484	1,119	829	621	652	102	1,033	450	43	453	787	51	52	66	452	76	88	75	207	73	88	81	353	111	121	128	-	-	-	-
Changes in operating assets:
Restricted stock grants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	123
Decrease (increase) in accrued interest receivable, net
-23,763	-8,494	4,208	-2,710	662	8,643	7,921	8,208	-2,120	1,353	1,356	-1,590	19,972	-4,631	-25,316	44,591	-1,194	-3,527	-1,810	-3,012	3,497	-2,128	29,522	14,850	-4,674	-4,192	-349	1,062	-2,857	-3,652	-6,184	-563	1,288	-5,919	-2,407	-165	9,163	2,931	2,085	6,045	6,509
Decrease (increase) in other assets
394,817	4,449	13,434	3,191	-1,025	-38,667	-857	-11,210	-12,501	-23,156	-2,045	-23,154	30,275	-40,963	1,609	44,800	-9,440	29,198	-6,151	14,609	5,082	-10,999	-7,892	-4,442	6,862	-604	1,292	-566	-109	1,300	-505	-445	-2	980	-425	-423	58	852	-563	-528	-43
Changes in operating liabilities:
Increase (decrease) in accounts payable and other liabilities
6,417	-25,218	12,266	-13,009	15,655	-7,190	9,842	4,392	-7,766	-4,137	7,884	4,268	-7,517	1,385	-7,290	17,005	-5,810	-112	10,643	158	-1,754	1,805	-430	-531	-236	-1,388	950	-70	1,199	-119	-319	36	-115	104	228	121	841	-417	131	190	17
Increase (decrease) in investment management fees and expenses payable to affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,992	-6,290	-86	11	1,817	2,260	916	-294	-1,199	1,059	2,351	-4,228	-3,856	-1,434	2	5	-459	221	389	385	1,011	2,054	1,243	-405
Increase (decrease) in accrued interest payable, net
-19,156	-15,132	-3,016	-40,710	14,554	89	38,908	1,477	8,041	-2,414	9,445	-12,743	18,929	-1,074	-10,526	14,396	8,441	-2,410	11,984	-11,513	7,483	-10,436	28,761	6,853	35	-425	-691	-2,531	-477	-112	-1,123	-288	898	-114	9	-1,014	902	477	-981	2,454	6,456
Net cash provided by (used in) operating activities
-419,463	209,803	2,287	-84,878	-62,176	-192,159	183,727	107,538	198,478	178,090	125,945	122,096	61,160	289,014	149,656	6,667	107,570	142,361	61,611	158,320	34,010	27,396	121,149	-29,797	64,029	85,564	83,203	69,650	66,403	63,225	82,291	94,852	94,547	106,997	117,743	116,628	106,337	87,675	81,491	77,583	75,250
Cash Flows From Investing Activities:
Net cash provided by (used in) investing activities
6,645,540	1,025,599	-250,829	1,342,900	-880,810	-2,302,364	-1,831,335	-1,955,594	63,226	-275,997	-712,380	373,935	-3,716,567	224,422	491,256	-2,166,936	180,698	80,155	209,976	1,351,402	396,378	-306,621	-2,137,231	-3,770,437	435,731	8,650	74,011	-246,498	468,936	108,507	1,348,123	-39,065	-428,759	1,864,813	328,338	-213,494	-2,093,769	-681,857	-209,382	-653,858	-39,790
Cash Flows From Financing Activities:
Proceeds from repurchase agreements
38,210,544	40,368,661	36,165,427	31,364,062	25,994,053	21,680,575	18,195,718	17,452,612	13,951,070	15,040,669	12,085,438	10,443,369	6,551,098	6,409,851	7,808,364	12,086,838	7,897,654	9,016,332	8,056,926	11,853,234	12,717,788	9,332,616	8,990,381	6,910,934	1,894,296	2,289,646	1,956,468	1,946,749	1,686,498	1,711,787	1,196,444	1,883,482	2,034,833	2,384,176	3,527,663	4,772,021	4,563,683	2,589,133	2,216,934	3,787,917	6,776,126
Payments on repurchase agreements
44,491,093	41,943,221	35,678,265	32,173,438	24,700,865	18,793,437	16,179,888	15,528,714	13,997,248	14,500,038	11,629,769	10,040,420	6,300,798	6,626,467	7,847,107	13,776,207	7,791,362	8,727,815	7,719,936	13,335,627	12,876,945	8,715,398	6,716,771	2,908,300	1,990,937	2,220,410	1,845,284	1,888,983	1,794,148	1,842,670	1,899,626	2,024,264	2,204,952	3,882,377	3,676,960	4,321,941	2,502,073	2,348,559	1,986,516	4,136,349	7,065,291
Net proceeds from common stock offerings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	15	-19	11	546,070	-159	767,812	-100
Net proceeds from preferred stock offerings
0	0	0	0	193,368	0	251,536	0	0	0	0	0	314,429	140,065	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Repurchase of Common Stock
22,000	0	0	0	0	0	0	0	15,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,415	0	3,704	4,369	-	-	-	-	-	-	-	-
Proceeds from securitized debt borrowings, collateralized by loans held for investment
-	-	-	-	-	334,774	264,756	660,943	509,066	993,396	626,155	75,383	3,457,535	617,028	0	4,081,964	98,263	-	-	-	-	-	-	-	-	-	-	-	-	313,829	11,628	405,413	696,113	-	-	-	-	-	-	-	-
Proceeds from securitized debt borrowings, collateralized by loans held for investment
731,013	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on securitized debt borrowings, collateralized by loans held for investment
386,362	707,247	389,076	394,588	354,361	685,184	739,700	629,237	558,917	1,279,643	490,462	742,737	331,290	894,795	378,848	197,432	197,595	682,602	830,005	436,289	189,727	197,130	78,638	32,552	32,993	43,316	92,782	154,021	209,430	178,220	182,073	90,765	19,730	19,127	15,895	21,298	23,861	35,502	22,267	21,845	26,572
Payments on securitized debt borrowings, collateralized by Non-Agency RMBS
4,449	5,281	5,267	7,887	5,905	7,265	11,536	14,744	10,353	27,624	32,326	39,769	31,320	47,905	44,028	67,821	34,880	44,208	56,426	47,459	34,124	41,231	46,836	44,125	53,177	75,556	125,842	115,837	97,455	101,032	122,494	128,049	129,889	124,873	153,979	188,667	178,084	170,950	174,087	144,728	84,634
Net proceeds from direct purchase and dividend reinvestment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	0	0	117	334	244	231	311	-	-	-	-
Repurchase of securitized debt borrowings, collateralized by Non-Agency RMBS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	56,072	-	-	-	-	-	-	-	-	-40	0	0	311,012	167,784	1	629,152	498,720
Common dividends paid
93,613	93,579	93,579	93,572	93,526	93,503	93,503	93,485	93,905	93,939	93,889	93,887	94,056	90,107	90,106	90,105	183,957	91,382	98,662	98,662	92,483	92,463	92,455	92,454	297,904	92,440	92,436	92,433	92,431	92,416	92,413	112,946	112,937	133,443	133,425	143,676	174,445	158,811	130,420	113,793	113,788
Preferred dividends paid
18,438	18,437	18,438	21,415	14,414	14,997	9,400	9,400	9,400	9,400	9,400	11,783	5,349	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-6,074,464	-1,286,418	355,402	-1,326,838	1,018,350	2,420,963	1,677,983	1,837,975	-224,521	123,421	455,747	-409,844	3,560,249	-492,330	-551,725	2,037,237	-211,877	-148,551	-281,038	-1,579,691	-475,491	202,202	2,183,854	3,833,503	-536,787	-142,076	-199,876	-304,525	-506,966	-8,686	-1,088,534	-70,833	259,186	-1,775,335	-452,337	96,651	1,996,554	589,406	-96,374	768,289	-15,539
Net increase (decrease) in cash and cash equivalents
151,613	-51,016	106,860	-68,816	75,364	-73,560	30,375	-10,081	37,183	25,514	-130,688	86,187	-95,158	21,106	89,187	-123,032	76,391	73,965	-9,451	-69,969	-45,103	-77,023	167,772	33,269	-37,027	-47,862	-42,662	-481,373	28,373	163,046	341,880	-15,046	-75,026	196,475	-6,256	-215	9,122	-4,776	-224,265	192,014	19,921
Supplemental disclosure of cash flow information:
Interest received
359,664	356,631	348,490	364,798	357,111	345,604	324,914	307,007	301,772	292,437	286,598	295,550	217,660	258,242	276,004	174,388	208,857	212,678	220,287	221,689	226,749	223,298	151,558	99,519	102,748	107,879	115,102	104,952	109,600	113,065	134,498	144,106	138,909	154,885	164,314	167,000	154,000	-	-	-	-
Interest paid
178,292	194,051	199,433	247,008	194,549	196,911	139,895	165,008	141,903	145,849	132,716	147,375	86,193	100,500	116,127	66,491	51,959	38,666	64,791	78,860	54,359	74,133	6,911	10,499	19,477	18,420	20,189	24,466	25,380	31,017	31,116	31,227	27,374	26,736	28,973	33,182	31,797	24,761	43,745	26,165	34,748
Management fees and expenses paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,021	10,378	10,282	10,315	8,824	7,121	5,355	6,515	7,634	5,511	4,147	10,677	14,518	14,485	12,847	12,958	12,743	13,661	12,750	12,229	-	-	-	-
Taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3	-	-	-	-
Non-cash investing activities:
Payable for investments purchased
699,164	-228,235	563,065	-592,150	1,513,657	232,733	118,999	18,175	766,250	-165,702	-313,578	573,451	473,269	-57,967	-63,670	59,294	582,875	-154,871	258,028	-32,300	489,784	-2,693,413	-1,181,997	1,853,976	176,152	-	-	-	-	-	-	-	-	-	-	-	311,610	-	-	-	41,822
Receivable for investments sold
0	-	-	-1,339,419	1,414,478	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	962,121	-	-	-	88,536	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47,185
Net change in unrealized gain (loss) on available-for sale securities
-205,845	-60,734	29,980	66,102	46,156	-1,104	-43,715	-37,593	-87,658	-16,216	32,835	52,572	9,605	-179,597	-9,470	64,908	68,474	-161,457	30,441	-100,700	-41,173	101,674	-134,642	58,185	30,660	-10,648	-35,537	-76,699	123,751	137,579	201,750	61,666	155,488	-232,543	108,639	-24,738	-98,028	521,113	48,807	-144,305	244,732
Retained beneficial interests
0	-	-	-	40,825	0	39,844	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash financing activities:
Dividends declared, not yet paid
98,434	562	915	-1,959	99,050	-823	1,002	472	95,335	365	191	184	94,625	3,912	141	137	90,367	-1,286	-7,294	-2	98,679	22	6	1	92,454	205,464	4	3	92,433	15	3	-20,533	112,946	-20,506	18	-10,251	143,676	15,634	28,391	16,627	113,793
Agency MBS portfolio
Purchases
160,516	330,693	224,491	994,849	1,379,467	2,597,703	2,555,173	2,547,206	217,579	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales
6,244,850	896,164	0	1,827,499	91,731	0	16,012	172	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments
593,341	964,974	667,282	390,321	215,403	178,513	141,383	95,448	109,645	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Agency Residential Mortgage Backed Securities [Member]
Purchases
19,503	72,216	36,419	152,284	112,778	60,098	3,106	70,043	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales
33,797	1	33,436	773	4,394	0	9,521	10,407	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments
67,518	111,031	108,226	117,572	78,689	80,387	112,799	230,935	96,988	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans held for investment
Sales
0	343,808	631,766	347,478	358,175	0	375,804	379,002	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments
461,594	477,240	433,828	431,590	375,087	428,353	486,656	500,391	443,755	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases
575,541	1,364,710	1,864,457	625,200	512,044	331,816	415,231	554,700	369,583	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-