Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Series B Preferred Stock
Preferred Stock
Preferred Stock
Series A Preferred Stock
Preferred Stock
Series B Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Cumulative Earnings
Cumulative Distributions to Stockholders
Total Stockholders' Equity
Total Stockholders' Equity
Preferred Stock
Noncontrolling Interest
Number of preferred shares outstanding at beginning of period (in shares) at Dec. 31, 2015       0 0                
Number of common shares outstanding at beginning of period (in shares) at Dec. 31, 2015           176,953,404              
Stockholders’ equity at beginning of period at Dec. 31, 2015       $ 0 $ 0 $ 3,539 $ 3,705,519 $ 359,061 $ 1,684,755 $ (2,176,313) $ 3,576,561    
Noncontrolling interest at beginning of period at Dec. 31, 2015                         $ 0
Equity at beginning of period at Dec. 31, 2015 $ 3,576,561                        
Net income attributable to Two Harbors Investment Corp. 11,875               11,875   11,875    
Net income attributable to noncontrolling interest 0                        
Net income 11,875                        
Other comprehensive income (loss) before reclassifications, net of tax 232,212             232,212     232,212    
Amounts reclassified from accumulated other comprehensive income (loss), net of tax (52,830)             (52,830)     (52,830)    
Other comprehensive income, net of tax 179,382             179,382     179,382    
Issuance of stock, net of offering costs (in shares)           21,882              
Issuance of stock, net of offering costs $ 356         $ 0 356       356    
Repurchase of common stock (in shares) (4,010,000)         (4,010,000)              
Repurchase of common stock $ (61,307)         $ (80) (61,227)            
Common dividends declared (239,849)                 (239,849) (239,849)    
Non-cash equity award compensation (in shares)           852,458              
Non-cash equity award compensation 11,223         $ 17 11,206       11,223    
Number of preferred shares outstanding at end of period (in shares) at Sep. 30, 2016       0 0                
Number of common shares outstanding at end of period (in shares) at Sep. 30, 2016           173,817,744              
Stockholders’ equity at end of period at Sep. 30, 2016       $ 0 $ 0 $ 3,476 3,655,854 538,443 1,696,630 (2,416,162) 3,478,241    
Noncontrolling interest at end of period at Sep. 30, 2016                         0
Equity at end of period at Sep. 30, 2016 $ 3,478,241                        
Number of preferred shares outstanding at beginning of period (in shares) at Dec. 31, 2016       0 0                
Number of common shares outstanding at beginning of period (in shares) at Dec. 31, 2016 173,826,163         173,826,163              
Stockholders’ equity at beginning of period at Dec. 31, 2016 $ 3,401,111     $ 0 $ 0 $ 3,477 3,659,973 199,227 2,038,033 (2,499,599) 3,401,111    
Noncontrolling interest at beginning of period at Dec. 31, 2016 0                       0
Equity at beginning of period at Dec. 31, 2016 3,401,111                        
Net income attributable to Two Harbors Investment Corp. 182,667               182,667   182,667    
Net income attributable to noncontrolling interest 2,714                       2,714
Net income 185,381                        
Other comprehensive income (loss) before reclassifications, net of tax 216,004             215,994     215,994   10
Amounts reclassified from accumulated other comprehensive income (loss), net of tax 7,815             7,815     7,815   0
Other comprehensive income, net of tax 223,819             223,809     223,809   10
Other comprehensive income, net of tax 223,823                        
Issuance of Granite Point Mortgage Trust Inc. stock, net of offering costs 181,875           (13,777) 6     (13,771)   195,646
Acquisition of noncontrolling interests (5,445)           (69)       (69)   (5,376)
Issuance of stock, net of offering costs (in shares)   11,500,000   5,750,000 11,500,000 19,688              
Issuance of stock, net of offering costs $ 332   $ 416,966 $ 138,872 $ 278,094 $ 0 332       332 $ 416,966  
Repurchase of common stock (in shares) 0                        
Repurchase of common stock $ 0                        
Preferred dividends declared (13,173)                 (13,173) (13,173)    
Common dividends declared (271,874)                 (268,697) (268,697)   (3,177)
Non-cash equity award compensation (in shares)           643,505              
Non-cash equity award compensation $ 12,389         $ 13 12,376       12,389    
Number of preferred shares outstanding at end of period (in shares) at Sep. 30, 2017       5,750,000 11,500,000                
Number of common shares outstanding at end of period (in shares) at Sep. 30, 2017 174,489,356         174,489,356              
Stockholders’ equity at end of period at Sep. 30, 2017 $ 3,941,564     $ 138,872 $ 278,094 $ 3,490 $ 3,658,835 $ 423,042 $ 2,220,700 $ (2,781,469) $ 3,941,564    
Noncontrolling interest at end of period at Sep. 30, 2017 189,817                       $ 189,817
Equity at end of period at Sep. 30, 2017 $ 4,131,381