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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Allowance for credit losses $ 4,890,000 $ 213,000
Stockholders' Equity:    
Preferred stock, par value (usd per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (shares) 100,000,000 100,000,000
Common stock, par value (usd per share) $ 0.01 $ 0.01
Common stock, shares authorized (shares) 500,000,000 500,000,000
Common stock, shares issued (shares) 231,748,414 236,951,266
Common stock, shares outstanding (shares) 231,748,414 236,951,266
Assets [1] $ 14,032,754,000 $ 15,407,403,000
Liabilities [1] 11,059,755,000 11,671,212,000
Variable Interest Entities, Primary Beneficiary    
Stockholders' Equity:    
Assets 10,783,461,000 10,666,591,000
Liabilities $ 7,293,599,000 $ 7,223,655,000
Series A Preferred Stock    
Stockholders' Equity:    
Preferred stock, dividend rate (percent) 8.00% 8.00%
Preferred stock, shares issued (shares) 5,800,000 5,800,000
Preferred stock, shares outstanding (shares) 5,800,000 5,800,000
Preferred Stock, liquidation preference $ 145,000 $ 145,000
Series B Preferred Stock    
Stockholders' Equity:    
Preferred stock, dividend rate (percent) 8.00% 8.00%
Preferred stock, shares issued (shares) 13,000,000 13,000,000
Preferred stock, shares outstanding (shares) 13,000,000 13,000,000
Preferred Stock, liquidation preference $ 325,000 $ 325,000
Series C Preferred Stock    
Stockholders' Equity:    
Preferred stock, dividend rate (percent) 7.75% 7.75%
Preferred stock, shares issued (shares) 10,400,000 10,400,000
Preferred stock, shares outstanding (shares) 10,400,000 10,400,000
Preferred Stock, liquidation preference $ 260,000 $ 260,000
Series D Preferred Stock    
Stockholders' Equity:    
Preferred stock, dividend rate (percent) 8.00% 8.00%
Preferred stock, shares issued (shares) 8,000,000 8,000,000
Preferred stock, shares outstanding (shares) 8,000,000 8,000,000
Preferred Stock, liquidation preference $ 200,000 $ 200,000
Non-Agency RMBS    
Allowance for credit losses 5,000,000 213,000
Non-Agency RMBS | Variable Interest Entities, Primary Beneficiary    
Allowance for credit losses 3,000,000  
Non-Agency RMBS | Asset Pledged as Collateral | Securitized Loans    
Liabilities:    
MBS pledged as collateral at fair value on Secured financing agreements 309,000,000 365,000,000
Residential Mortgage-Backed Securities | Asset Pledged as Collateral    
Liabilities:    
MBS pledged as collateral at fair value on Secured financing agreements 4,000,000,000 4,400,000,000
Loans Held for Investment at Fair Value | Asset Pledged as Collateral | Securitized Loans    
Liabilities:    
MBS pledged as collateral at fair value on Secured financing agreements $ 11,100,000,000 $ 11,000,000,000.0
[1] The Company's consolidated statements of financial condition include assets of consolidated variable interest entities, or VIEs, that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (Chimera Investment Corporation). As of June 30, 2022, and December 31, 2021, total assets of consolidated VIEs were $10,783,461 and $10,666,591, respectively, and total liabilities of consolidated VIEs were $7,293,599 and $7,223,655, respectively. See Note 9 for further discussion.