Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Details)

v3.19.3.a.u2
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Earnings Per Share [Abstract]                      
Net income (loss) from continuing operations                 $ 323,962 $ (44,290) $ 308,239
Income from discontinued operations, net of tax                 0 0 44,146
Net income (loss)                 323,962 (44,290) 352,385
Income from discontinued operations attributable to noncontrolling interest                 0 0 3,814
Net income (loss) attributable to Two Harbors Investment Corp.                 323,962 (44,290) 348,571
Dividends on preferred stock $ 18,950 $ 18,951 $ 18,950 $ 18,950 $ 18,950 $ 18,951 $ 13,747 $ 13,747 75,801 65,395 25,122
Net income (loss) attributable to common stockholders $ 115,804 $ 286,749 $ (109,507) $ (44,885) $ (573,485) $ 16,995 $ 125,743 $ 321,062 248,161 (109,685) 323,449
Interest expense attributable to convertible notes                 0 0 17,867
Net income attributable to common stockholders - diluted                 $ 248,161 $ (109,685) $ 341,316
Weighted average common shares outstanding (in shares)                 266,594,154 204,409,853 173,063,178
Weighted average restricted stock shares (in shares)                 1,232,585 1,610,649 1,370,821
Weighted average basic common shares outstanding (in shares)                 267,826,739 206,020,502 174,433,999
Effect of dilutive shares issued in an assumed conversion (in shares)                 0 0 13,699,342
Weighted average diluted common shares outstanding (in shares)                 267,826,739 206,020,502 188,133,341
Basic earnings (loss) per weighted average common share:                      
Continuing operations                 $ 0.93 $ (0.53) $ 1.62
Discontinued operations                 0 0 0.23
Net income (loss) $ 0.42 $ 1.05 $ (0.40) $ (0.18) $ (2.31) $ 0.08 $ 0.72 $ 1.83 0.93 (0.53) 1.85
Diluted earnings (loss) per weighted average common share:                      
Continuing operations                 0.93 (0.53) 1.60
Discontinued operations                 0 0 0.21
Net income (loss) $ 0.41 $ 1.00 $ (0.40) $ (0.18) $ (2.31) $ 0.08 $ 0.68 $ 1.69 $ 0.93 $ (0.53) $ 1.81
Interest expense attributable to antidilutive convertible notes excluded from computation of earnings per share                 $ 19,000 $ 18,900  
Antidilutive convertible notes excluded from computation of earnings per share (in shares)                 18,128,792 17,806,090