Two Harbors Investment Corp. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Cumulative effect of adoption of new accounting principle	Stockholders' equity, adjusted balance	Preferred Stock	Preferred Stock Stockholders' equity, adjusted balance	Common Stock	Common Stock Stockholders' equity, adjusted balance	Additional Paid-in Capital	Additional Paid-in Capital Stockholders' equity, adjusted balance	Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Stockholders' equity, adjusted balance	Cumulative Earnings	Cumulative Earnings Cumulative effect of adoption of new accounting principle	Cumulative Earnings Stockholders' equity, adjusted balance	Cumulative Distributions to Stockholders	Cumulative Distributions to Stockholders Stockholders' equity, adjusted balance
Stockholders' equity at beginning of period at Dec. 31, 2018	$ 4,254,489	$ 442	$ 4,254,047	$ 977,501	$ 977,501	$ 2,481	$ 2,481	$ 4,809,616	$ 4,809,616	$ 110,817	$ 110,817	$ 2,332,371	$ 442	$ 2,331,929	$ (3,978,297)	$ (3,978,297)
Net income (loss)	(25,935)											(25,935)
Other comprehensive income (loss) before reclassifications, net of tax	327,840									327,840
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	(28,312)									(28,312)
Other comprehensive income (loss), net of tax	356,152									356,152
Issuance of stock, net of offering costs	335,278					243		335,035
Preferred dividends declared	(18,950)														(18,950)
Common dividends declared	(128,229)														(128,229)
Non-cash equity award compensation	1,861					4		1,857
Stockholders' equity at end of period at Mar. 31, 2019	4,774,224			977,501		2,728		5,146,508		466,969		2,305,994			(4,125,476)
Stockholders' equity at beginning of period at Dec. 31, 2018	4,254,489	442	$ 4,254,047	977,501	$ 977,501	2,481	$ 2,481	4,809,616	$ 4,809,616	110,817	$ 110,817	2,332,371	$ 442	$ 2,331,929	(3,978,297)	$ (3,978,297)
Other comprehensive income (loss), net of tax	637,537
Repurchase of common stock	(19)
Stockholders' equity at end of period at Sep. 30, 2019	5,019,580			977,501		2,729		5,151,554		748,354		2,521,137			(4,381,695)
Stockholders' equity at beginning of period at Mar. 31, 2019	4,774,224			977,501		2,728		5,146,508		466,969		2,305,994			(4,125,476)
Net income (loss)	(90,557)											(90,557)
Other comprehensive income (loss) before reclassifications, net of tax	296,637									296,637
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	(13,912)									(13,912)
Other comprehensive income (loss), net of tax	310,549									310,549
Issuance of stock, net of offering costs	171					0		171
Preferred dividends declared	(18,950)														(18,950)
Common dividends declared	(109,160)														(109,160)
Non-cash equity award compensation	2,497					1		2,496
Stockholders' equity at end of period at Jun. 30, 2019	4,868,774			977,501		2,729		5,149,175		777,518		2,215,437			(4,253,586)
Net income (loss)	305,700											305,700
Other comprehensive income (loss) before reclassifications, net of tax	191,676									191,676
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	220,840									220,840
Other comprehensive income (loss), net of tax	(29,164)									(29,164)
Issuance of stock, net of offering costs	217					0		217
Repurchase of common stock	(19)					0		(19)
Preferred dividends declared	(18,951)														(18,951)
Common dividends declared	(109,158)														(109,158)
Non-cash equity award compensation	2,181					0		2,181
Stockholders' equity at end of period at Sep. 30, 2019	5,019,580			977,501		2,729		5,151,554		748,354		2,521,137			(4,381,695)
Stockholders' equity at beginning of period at Dec. 31, 2019	4,970,466	0		977,501		2,729		5,154,764		689,400		2,655,891			(4,509,819)
Net income (loss)	(1,869,656)											(1,869,656)
Other comprehensive income (loss) before reclassifications, net of tax	234,926									234,926
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	432,996									432,996
Other comprehensive income (loss), net of tax	(198,070)									(198,070)
Issuance of stock, net of offering costs	142					0		142
Repurchase of common stock	(1,064)					(1)		(1,063)
Non-cash equity award compensation	2,315					7		2,308
Stockholders' equity at end of period at Mar. 31, 2020	2,904,133			977,501		2,735		5,156,151		491,330		786,235			(4,509,819)
Stockholders' equity at beginning of period at Dec. 31, 2019	4,970,466	$ 0		977,501		2,729		5,154,764		689,400		2,655,891			(4,509,819)
Other comprehensive income (loss), net of tax	30,940
Repurchase of common stock	(1,100)
Stockholders' equity at end of period at Sep. 30, 2020	3,019,672			977,501		2,737		5,161,491		720,340		814,585			(4,656,982)
Stockholders' equity at beginning of period at Mar. 31, 2020	2,904,133			977,501		2,735		5,156,151		491,330		786,235			(4,509,819)
Net income (loss)	(173,564)											(173,564)
Other comprehensive income (loss) before reclassifications, net of tax	231,099									231,099
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	38,305									38,305
Other comprehensive income (loss), net of tax	192,794									192,794
Issuance of stock, net of offering costs	95					0		95
Preferred dividends declared	(37,901)														(37,901)
Common dividends declared	(51,936)														(51,936)
Non-cash equity award compensation	2,315					2		2,313
Stockholders' equity at end of period at Jun. 30, 2020	2,835,936			977,501		2,737		5,158,559		684,124		612,671			(4,599,656)
Net income (loss)	201,914											201,914
Other comprehensive income (loss) before reclassifications, net of tax	36,216									36,216
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	0									0
Other comprehensive income (loss), net of tax	36,216									36,216
Issuance of stock, net of offering costs	75					0		75
Repurchase of common stock	(0)
Preferred dividends declared	(18,950)														(18,950)
Common dividends declared	(38,376)														(38,376)
Non-cash equity award compensation	2,857					0		2,857
Stockholders' equity at end of period at Sep. 30, 2020	$ 3,019,672			$ 977,501		$ 2,737		$ 5,161,491		$ 720,340		$ 814,585			$ (4,656,982)