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

Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Preferred Stock	Preferred Stock Preferred Stock	Common Stock	Common Stock Common Stock	Additional Paid-in Capital	Additional Paid-in Capital Common Stock	Accumulated Other Comprehensive Income (Loss)	Cumulative Earnings	Cumulative Earnings Preferred Stock	Cumulative Distributions to Stockholders
Stockholders' equity at beginning of period at Dec. 31, 2021	$ 2,743,953			$ 702,550		$ 860		$ 5,627,758		$ 186,346	$ 1,212,983		$ (4,986,544)
Net income (loss)	285,270										285,270
Other comprehensive income (loss) before reclassifications, net of tax	(323,490)									(323,490)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	(8,355)									(8,355)
Other comprehensive income (loss), net of tax	(331,845)									(331,845)
Issuance of stock, net of offering costs	323					0		323
Preferred dividends declared	(13,747)												(13,747)
Common dividends declared	(58,811)												(58,811)
Non-cash equity award compensation	4,161					0		4,161
Stockholders' equity at end of period at Mar. 31, 2022	2,629,304			702,550		860		5,632,242		(145,499)	1,498,253		(5,059,102)
Stockholders' equity at beginning of period at Dec. 31, 2021	2,743,953			702,550		860		5,627,758		186,346	1,212,983		(4,986,544)
Other comprehensive income (loss), net of tax	(887,729)
Repurchase of stock			$ 0
Stockholders' equity at end of period at Sep. 30, 2022	2,144,477			702,550		864		5,643,493		(701,383)	1,703,445		(5,204,492)
Stockholders' equity at beginning of period at Mar. 31, 2022	2,629,304			702,550		860		5,632,242		(145,499)	1,498,253		(5,059,102)
Net income (loss)	(72,420)										(72,420)
Other comprehensive income (loss) before reclassifications, net of tax	(141,843)									(141,843)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	137,632									137,632
Other comprehensive income (loss), net of tax	(4,211)									(4,211)
Issuance of stock, net of offering costs	82					0		82
Preferred dividends declared	(13,748)												(13,748)
Common dividends declared	(58,844)												(58,844)
Non-cash equity award compensation	3,461					1		3,460
Stockholders' equity at end of period at Jun. 30, 2022	2,483,624			702,550		861		5,635,784		(149,710)	1,425,833		(5,131,694)
Net income (loss)	277,612										277,612
Other comprehensive income (loss) before reclassifications, net of tax	(534,923)									(534,923)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	(16,750)									(16,750)
Other comprehensive income (loss), net of tax	(551,673)									(551,673)
Repurchase of stock			0
Issuance of stock, net of offering costs	5,357					3		5,354
Preferred dividends declared	(13,747)												(13,747)
Common dividends declared	(59,051)												(59,051)
Non-cash equity award compensation	2,355					0		2,355
Stockholders' equity at end of period at Sep. 30, 2022	2,144,477			702,550		864		5,643,493		(701,383)	1,703,445		(5,204,492)
Stockholders' equity at beginning of period at Dec. 31, 2022	2,183,525			630,999		864		5,645,998		(278,711)	1,453,371		(5,268,996)
Net income (loss)	(176,808)										(176,808)
Other comprehensive income (loss) before reclassifications, net of tax	62,709									62,709
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	63,222									63,222
Other comprehensive income (loss), net of tax	125,931									125,931
Issuance of stock, net of offering costs	177,729					102		177,627
Preferred dividends declared	(12,365)												(12,365)
Common dividends declared	(58,381)												(58,381)
Non-cash equity award compensation	6,052					1		6,051
Stockholders' equity at end of period at Mar. 31, 2023	2,245,683			630,999		967		5,829,676		(152,780)	1,276,563		(5,339,742)
Stockholders' equity at beginning of period at Dec. 31, 2022	2,183,525			630,999		864		5,645,998		(278,711)	1,453,371		(5,268,996)
Other comprehensive income (loss), net of tax	(381,297)
Repurchase of stock			(7,100)
Stockholders' equity at end of period at Sep. 30, 2023	2,117,228			618,579		962		5,826,133		(660,008)	1,782,654		(5,451,092)
Stockholders' equity at beginning of period at Mar. 31, 2023	2,245,683			630,999		967		5,829,676		(152,780)	1,276,563		(5,339,742)
Net income (loss)	197,445										197,445
Other comprehensive income (loss) before reclassifications, net of tax	(156,306)									(156,306)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	0									0
Other comprehensive income (loss), net of tax	(156,306)									(156,306)
Repurchase of stock		$ (9,966)	(7,056)		$ (12,420)		$ (6)		$ (7,050)			$ (2,454)
Issuance of stock, net of offering costs	149					0		149
Preferred dividends declared	(12,115)												(12,115)
Common dividends declared	(43,560)												(43,560)
Non-cash equity award compensation	1,735					1		1,734
Stockholders' equity at end of period at Jun. 30, 2023	2,216,009			618,579		962		5,824,509		(309,086)	1,476,462		(5,395,417)
Net income (loss)	306,192										306,192
Other comprehensive income (loss) before reclassifications, net of tax	(350,922)									(350,922)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax	0									0
Other comprehensive income (loss), net of tax	(350,922)									(350,922)
Repurchase of stock			$ 0
Issuance of stock, net of offering costs	48					0		48
Preferred dividends declared	(12,115)												(12,115)
Common dividends declared	(43,560)												(43,560)
Non-cash equity award compensation	1,576					0		1,576
Stockholders' equity at end of period at Sep. 30, 2023	$ 2,117,228			$ 618,579		$ 962		$ 5,826,133		$ (660,008)	$ 1,782,654		$ (5,451,092)