Company: TWO-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001465740-25-000083
Chunk: 117

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 117
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Comprehensive income (loss):Net income (loss)$298,168 $(106,371)$220,239 Other comprehensive (loss) income:Unrealized (loss) gain on available-for-sale securities(144,095)102,282 (465,057)Other comprehensive (loss) income(144,095)102,282 (465,057)Comprehensive income (loss)154,073 (4,089)(244,818)Dividends on preferred stock(47,136)(48,607)(53,607)Gain on repurchase and retirement of preferred stock644 2,973 20,149 Comprehensive income (loss) attributable to common stockholders$107,581 $(49,723)$(278,276)

The accompanying notes are an integral part of these consolidated financial statements.

61

TWO HARBORS INVESTMENT CORP. 

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(in thousands) 

Preferred StockCommon Stock Par ValueAdditional Paid-in CapitalAccumulated Other Comprehensive Income (Loss)Cumulative EarningsCumulative Distributions to StockholdersTotal Stockholders’ EquityBalance, December 31, 2021$702,550 $860 $5,627,758 $186,346 $1,212,983 $(4,986,544)$2,743,953 Net income— — — — 220,239 — 220,239 Other comprehensive loss before reclassifications— — — (893,589)— — (893,589)Amounts reclassified from accumulated other comprehensive income— — — 428,532 — — 428,532 Other comprehensive loss— — — (465,057)— — (465,057)Repurchase and retirement of preferred stock(71,551)— — — 20,149 — (51,402)Issuance of common stock, net of offering costs— 3 6,611 — — — 6,614 Preferred dividends declared— — — — — (53,607)(53,607)Common dividends declared— — — — — (228,845)(228,845)Non-cash equity award compensation— 1 11,629 — — — 11,630 Balance