Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Details)

v3.8.0.1
Earnings Per Share (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Nov. 01, 2017
Dec. 31, 2017
USD ($)
$ / shares
Sep. 30, 2017
USD ($)
$ / shares
Jun. 30, 2017
USD ($)
$ / shares
Mar. 31, 2017
USD ($)
$ / shares
Dec. 31, 2016
USD ($)
$ / shares
Sep. 30, 2016
USD ($)
$ / shares
Jun. 30, 2016
USD ($)
$ / shares
Mar. 31, 2016
USD ($)
$ / shares
Dec. 31, 2017
USD ($)
$ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Earnings Per Share [Abstract]                        
Reverse stock split, conversion ratio 0.50                      
Net income from continuing operations                   $ 308,239 $ 317,921 $ 492,072
Income from discontinued operations, net of tax                   44,146 35,357 138
Net income                   352,385 353,278 492,210
Income from discontinued operations attributable to noncontrolling interest                   3,814 0 0
Net income attributable to Two Harbors Investment Corp.                   348,571 353,278 492,210
Dividends on preferred stock   $ 11,949 $ 8,888 $ 4,285 $ 0 $ 0 $ 0 $ 0 $ 0 25,122 0 0
Net income attributable to common stockholders   $ 153,955 $ 93,176 $ 4,333 $ 71,985 $ 341,403 $ 117,786 $ (16,981) $ (88,930) 323,449 353,278 492,210
Interest expense attributable to convertible notes                   17,867 0 0
Net income attributable to common stockholders - diluted                   $ 341,316 $ 353,278 $ 492,210
Weighted average common shares outstanding (in shares) | shares                   173,063,178 172,523,496.5 181,527,614
Weighted average restricted stock shares (in shares) | shares                   1,370,821 1,513,355 1,096,255
Weighted average basic common shares outstanding (in shares) | shares                   174,433,999 174,036,852 182,623,869
Effect of dilutive shares issued in an assumed conversion (in shares) | shares                   13,699,342 0 0
Weighted average diluted common shares outstanding (in shares) | shares                   188,133,341 174,036,852 182,623,869
Basic earnings from continuing operations per weighted average common share (in usd per share) | $ / shares   $ 0.86 $ 0.48 $ (0.06) $ 0.33 $ 1.89 $ 0.62 $ (0.14) $ (0.54) $ 1.62 $ 1.83 $ 2.70
Basic earnings from discontinued operations per weighted average common share (in usd per share) | $ / shares   0.02 0.05 0.08 0.08 0.07 0.06 0.04 0.03 0.23 0.20 0.00
Basic earnings per weighted average common share (in usd per share) | $ / shares   0.88 0.53 0.02 0.41 1.96 0.68 (0.10) (0.51) 1.85 2.03 2.70
Diluted earnings from continuing operations per weighted average common share (in usd per share) | $ / shares   0.82 0.47 (0.06) 0.33 1.89 0.62 (0.14) (0.54) 1.60 1.83 2.70
Diluted earnings from discontinued operations per weighted average common share (in usd per share) | $ / shares   0.02 0.05 0.08 0.08 0.07 0.06 0.04 0.03 0.21 0.20 0.00
Diluted earnings per weighted average common share (in usd per share) | $ / shares   $ 0.84 $ 0.52 $ 0.02 $ 0.41 $ 1.96 $ 0.68 $ (0.10) $ (0.51) $ 1.81 $ 2.03 $ 2.70