0001465740
false
0001465740
2023-09-19
2023-09-19
0001465740
us-gaap:CommonStockMember
2023-09-19
2023-09-19
0001465740
us-gaap:SeriesAPreferredStockMember
2023-09-19
2023-09-19
0001465740
us-gaap:SeriesBPreferredStockMember
2023-09-19
2023-09-19
0001465740
us-gaap:SeriesCPreferredStockMember
2023-09-19
2023-09-19
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 21, 2023 (September 19, 2023)
Two Harbors Investment
Corp.
(Exact name of registrant
as specified in its charter)
Maryland |
|
001-34506 |
|
27-0312904 |
(State or
other jurisdiction of incorporation or
organization) |
|
(Commission File Number) |
|
(I.R.S. Employer Identification No.) |
1601 Utica Avenue South, Suite 900 |
St. Louis Park, MN |
55416 |
(Address of Principal Executive Offices) |
|
(Zip Code) |
(612) 453-4100
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address,
if changed since last report)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities Registered Pursuant to Section 12(b) of the Act:
Title of Each Class: |
|
Trading
Symbol(s) |
|
Name of Exchange on Which Registered: |
Common Stock, par value $0.01 per share |
|
TWO |
|
New York Stock Exchange |
8.125% Series A Cumulative Redeemable Preferred Stock |
|
TWO PRA |
|
New York Stock Exchange |
7.625% Series B Cumulative Redeemable Preferred Stock |
|
TWO PRB |
|
New York Stock Exchange |
7.25% Series C Cumulative Redeemable Preferred Stock |
|
TWO PRC |
|
New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934
(17 CFR §240.12b-2).
Emerging
Growth Company ¨
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
On September 19, 2023, the Board of Directors of Two Harbors Investment
Corp. (the “Company”) approved an amendment and restatement of the Company’s Incentive Compensation Recoupment Policy
(the “Policy”), with an effective date of December 1, 2023, in order to comply with the final clawback rules adopted by the Securities and Exchange Commission under Section 10D and Rule 10D-1
of the Securities Exchange Act of 1934, as amended (“Rule 10D-1”), and the listing standards of the New York Stock Exchange.
The Policy provides for the mandatory recovery
of erroneously awarded incentive-based compensation from current and former executive officers of the Company, as defined in Rule
10D-1 ("Executive Officers"), in the event the Company is required to prepare an accounting restatement. The Policy also provides
for the discretionary recoupment of incentive compensation from Executive Officers, at the election of the Board of Directors, upon
the occurrence of certain identified events.
The above description of the Policy is a summary
only and is qualified in its entirety by reference to the full text of the Policy, a complete copy of which is attached as Exhibit 10.1
to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits.
104 |
Cover Page Interactive Data File, formatted in Inline XBRL. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
TWO HARBORS INVESTMENT CORP. |
|
|
|
|
By: |
/s/ REBECCA B. SANDBERG |
|
|
Rebecca B. Sandberg |
|
|
General Counsel and Secretary |
|
|
|
Date: September 21, 2023 |
|
|
Exhibit 10.1
TWO HARBORS INVESTMENT CORP.
INCENTIVE COMPENSATION RECOUPMENT POLICY
Amended and Restated Effective December 1,
2023
| 1. | Introduction. The Board of Directors (the “Board”) of Two Harbors Investment
Corp. (the “Company”) has determined that it is in the best interests of the Company and its stockholders to adopt
a policy (the “Policy”) providing for the Company’s recoupment of Erroneously Awarded Compensation and other
Recoverable Amounts from Covered Persons. This Policy is designed to comply with, and shall be interpreted to be consistent with, Section 10D
of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), Rule 10D-1 promulgated under the Exchange
Act (“Rule 10D-1”) and Section 303A.14 of the NYSE Listed Company Manual. All capitalized terms not defined
herein shall have the meanings set forth in Section 3 of this Policy. |
| 2. | Effective Date. This Policy is amended and restated as of December 1, 2023 (the “Effective
Date”) and shall apply to all Erroneously Awarded Compensation and other Recoverable Amounts paid or awarded within the time
periods referenced herein. The adoption of this Policy shall not preclude or restrict the Company from recovering compensation as may
otherwise be required or permitted by the federal securities laws, the rules and standards of the NYSE or other applicable laws. |
| 3. | Definitions. For purposes of this Policy, the following terms shall have the meanings set
forth below: |
| a. | “Accounting Restatement” means the accounting restatement of any of the Company’s
financial statements filed with the Securities and Exchange Commission under the Exchange Act or the Securities Act of 1933, as amended,
due to the Company’s material noncompliance with any financial reporting requirement under the securities laws, including any required
accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial
statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the
current period. |
| b. | “Applicable Period” means the three completed fiscal years immediately preceding the
date on which the Company is required to prepare an Accounting Restatement, as well as any transition period (that results from a change
in the Company’s fiscal year) within or immediately following those three completed fiscal years (except that a transition period
that comprises a period of at least nine months shall count as a completed fiscal year). The “date on which the Company is required
to prepare an Accounting Restatement” is the earlier to occur of (i) the date the Board, or a committee of the Board, concludes,
or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement or (ii) the date a court,
regulator or other legally authorized body directs the Company to prepare an Accounting Restatement, in each case, regardless of if or
when the restated financial statements are filed. |
| c. | "Clawback Eligible Incentive Compensation” means all Incentive-Based Compensation (calculated
on a pre-tax basis) received by a Covered Person (i) on or after the Effective Date, (ii) after beginning service as a Covered
Person, (iii) who served as a Covered Person at any time during the applicable performance period relating to any Incentive-Based
Compensation (whether or not such Covered Person is serving at the time any Erroneously Awarded Compensation is required to be repaid
to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities
association, and (v) during the Applicable Period. The amount of Clawback Eligible Incentive Compensation shall be determined by
the Board in its sole discretion and in accordance with applicable laws and regulations, including The Dodd-Frank Wall Street Reform and
Consumer Protection Act and the NYSE listing standards. |
| d. | “Code” means the Internal Revenue Code of 1986, as amended. |
| e. | “Covered Person” means any current or former executive officer of the Company as determined
by the Board in accordance with the definition of “executive officer” set forth in Rule 10D-1. |
| f. | “Detrimental Conduct” means a knowing violation of the Company’s written policies
or the willful commission of an act of fraud, dishonesty, gross recklessness or gross negligence in the performance of a Covered Person’s
duties, as determined by the Board in its sole discretion. |
| g. | “Erroneously Awarded Compensation” means, with respect to each Covered Person in connection
with an Accounting Restatement, the amount of Clawback Eligible Incentive Compensation that exceeds the amount of Incentive-Based Compensation
that, as determined by the Board in its sole discretion, would have been received had it been determined based on the restated amounts
in the Accounting Restatement, which amount shall be computed without regard to any taxes paid. |
| h. | “Financial Reporting Measures” means measures that are determined and presented in
accordance with the accounting principles used in preparing the Company’s financial statements, and any measures that are derived
wholly or in part from such measures. A Financial Reporting Measure need not be presented within the financial statements or included
in a filing with the Securities and Exchange Commission. |
| i. | “Incentive-Based Compensation” means any compensation that is granted, earned or vested
based wholly or in part upon the attainment of a Financial Reporting Measure. Incentive-Based Compensation shall be deemed “received”
in the Company’s fiscal period during which the Financial Reporting Measure specified in the Incentive-Based Compensation award
is attained, even if the payment, vesting, settlement or grant of the Incentive-Based Compensation occurs after the end of that period. |
| j. | “NYSE” means the New York Stock Exchange. |
| k. | “Original Adoption Date” means March 18, 2021. |
| l. | “Recoverable Amounts” means any cash incentive-based compensation (other than base
salary) or equity compensation (including stock options, restricted stock, time-based restricted stock units, performance-based restricted
stock units, and any other equity awards) awarded after the Original Adoption Date in respect of any Company plan, agreement or program
provided to a Covered Person (including compensation awarded, earned, paid or payable to a Covered Person), including any short-term incentive
award or amount or long-term incentive award or amount, including stock options, stock appreciation rights, restricted stock or units,
and performance-based equity or other equity-based awards. “Recoverable Amounts” shall not include any Erroneously Awarded
Compensation that has been recouped by the Company pursuant to Section 5 of this Policy. |
| a. | This Policy shall be administered by the Board. The Board shall have full discretionary authority to make
any and all determinations required under this Policy. The Board shall interpret and construe this Policy and shall take such actions
and prescribe such rules and regulations in connection with the operation of this Policy as it determines to be necessary, appropriate
or advisable for the administration of this Policy, and may rescind and amend its regulations from time to time, in each case, consistent
with this Policy. Any interpretations or determinations made by the Board with respect to this Policy shall be final, conclusive and binding
on all interested parties and need not be uniform with respect to each Covered Person. |
| b. | The Board may delegate determinations to be made under the Policy to the Compensation Committee of the
Board. If so delegated, the Board and the Compensation Committee will be collectively referred to in this Policy as the “Board.” |
| c. | The Board may amend or terminate this Policy at any time without notice; provided, however,
that no amendment or termination of this Policy shall be effective if such amendment or termination would cause the Company to violate
any federal securities laws, the rules and standards of the NYSE or other applicable laws. |
| 5. | Mandatory Recoupment of Erroneously Awarded Compensation. |
| a. | In the event the Company is required to prepare an Accounting Restatement, the Company shall reasonably
promptly recoup any Erroneously Awarded Compensation received by any Covered Person during the Applicable Period. Such recoupment shall
be made without regard to any individual knowledge or responsibility related to the Accounting Restatement or the Erroneously Awarded
Compensation, and regardless of whether the Company’s or a Covered Person’s misconduct or other action or omission was the
cause for such Accounting Restatement. Further, if the achievement of one or more Financial Reporting Measures was considered in determining
the Incentive-Based Compensation received by a Covered Person, but the Incentive-Based Compensation was not paid or awarded on a formulaic
basis, the Board will in its good faith discretion determine the amount of any Erroneously Awarded Compensation that must be recouped
with respect thereto. |
| b. | For Incentive-Based Compensation based on stock price or total shareholder return, where the amount of
Erroneously Awarded Compensation is not subject to mathematical recalculation directly from the information in an Accounting Restatement: |
| i. | the amount must be based on a reasonable estimate of the effect of the Accounting Restatement on the stock
price or total shareholder return upon which the Incentive-Based Compensation was received; and |
| ii. | the Company must maintain documentation of the determination of that reasonable estimate and provide such
documentation to the NYSE. |
| c. | All Erroneously Awarded Compensation shall be recouped by the Company pursuant to the terms of this Policy
except to the extent that the Board has determined in good faith that recoupment would be impracticable for any of the following reasons: |
| i. | the direct expense paid to a third party to assist in enforcing the Policy would exceed the amount to
be recovered; before concluding that it would be impracticable to recover any amount of Erroneously Awarded Compensation based on expense
of enforcement, the Company must make a reasonable attempt to recover such Erroneously Awarded Compensation, document such reasonable
attempt(s) to recover, and provide that documentation to the NYSE; |
| ii. | recoupment would violate home country law where that law was adopted prior to November 28, 2022;
before concluding that it would be impracticable to recover any amount of Erroneously Awarded Compensation based on violation of home
country law, the Company must obtain an opinion of home country counsel, acceptable to the NYSE, that recovery would result in such a
violation, and must provide such opinion to the NYSE; or |
| iii. | recovery would likely cause an otherwise tax-qualified retirement plan, under which benefits are broadly
available to employees of the Company, to fail to meet the requirements of 26 U.S.C. 401(a)(13) or 26 U.S.C. 411(a) and regulations
thereunder. |
| d. | Upon any recoupment determination by the Board, the Board shall notify the Covered Person in writing of
its determination. The Board shall, in its sole discretion, determine the method for recouping Erroneously Awarded Compensation under
this Policy, which may include one or more of the following: |
| i. | requiring reimbursement of any cash incentive compensation previously paid; |
| ii. | seeking recovery of any gain realized on the vesting, exercise, settlement, sale, transfer or other disposition
of any equity-based awards; |
| iii. | offsetting the recouped amount from any compensation otherwise owed by the Company to the Covered Person; |
| iv. | cancelling outstanding vested or unvested equity awards; |
| v. | cancelling or offsetting against any planned future cash or equity-based awards; and/or |
| vi. | taking any other remedial and recovery action permitted by law, as determined by the Board; |
provided, however, that
although the Company does not guarantee any particular tax treatment to any Covered Person, the Board shall use reasonable efforts to
avoid selecting a method for recovery of Incentive-Based Compensation that would (A) result in the Covered Person being subject to
the interest and additional tax provisions of Code Section 409A(a)(1)(B) thereof or (B) have any similar effect under any
similar law of any jurisdiction to which the Company or any Covered Person is subject; provided, further, that in no event
shall the Company accept an amount that is less than the Erroneously Awarded Compensation in satisfaction of the Covered Person’s
obligations hereunder.
| e. | For the avoidance of doubt, in no event shall the Company be required to award any Covered Person an additional
payment or other compensation if the restated financial statements in an Accounting Restatement would have resulted in the grant, payment
or vesting of Incentive-Based Compensation that is greater than the Incentive-Based Compensation actually received by the Covered Person. |
| f. | To the extent that a Covered Person is required to reimburse or repay any Erroneously Awarded Compensation
under this Policy, or to take any other action required or appropriate to effectuate recoupment in accordance with this Policy, then the
Covered Person shall promptly repay such Erroneously Awarded Compensation and shall promptly take all such other actions, upon the Company’s
demand or within a specified time period (and with or without interest), as determined by the Board in its sole discretion. |
| 6. | Discretionary Recoupment of Recoverable Amounts. |
| a. | In the event that (i) the Company is required to prepare an Accounting Restatement for any fiscal
year commencing after the Original Adoption Date or (ii) a Covered Person engages in Detrimental Conduct that, in the sole discretion
of the Board, is likely to cause or has caused material financial, operational or reputational harm to the Company (any such event under
clause (i) or (ii), a “Clawback Event”), the Board may, in its sole discretion and to the extent permitted by
applicable law, seek to recover all or any portion of the Recoverable Amounts awarded to the Covered Person within the three fiscal years
preceding the date on which the Board determines an Accounting Restatement or Detrimental Conduct has occurred; provided, however,
that the Board may not recover Recoverable Amounts awarded to the Covered Person prior to the Original Adoption Date. |
| b. | The Board shall, in its sole discretion, determine the method for recouping Recoverable Amounts upon the
occurrence of a Clawback Event, which may include the methods set forth in Section 5(d) above. |
| c. | The Board’s discretionary authority to seek the recovery of Recoverable Amounts pursuant to this
Section 6 is separate from and shall not be deemed to preclude or limit the Company’s mandatory recoupment obligations set
forth in Section 5; provided, however, that any “Recoverable Amounts” shall not include any Erroneously
Awarded Compensation that has been recouped by the Company pursuant to Section 5. |
| 7. | No Indemnification; No Liability. Notwithstanding the terms of any other policy, program,
agreement or arrangement, in no event will the Company or any of its affiliates indemnify any Covered Person against the loss of any Erroneously
Awarded Compensation or Recoverable Amounts pursuant to this Policy, nor shall the Company directly or indirectly pay or reimburse any
Covered Person for any premiums for third-party insurance policies that such Covered Person may elect to purchase to fund such Covered
Person’s potential recovery obligations under the Policy. Neither the Company nor any member of the Board or any other employees
of the Company or its affiliates who assist in the administration of this Policy shall have any liability to a Covered Person as a result
of actions taken under this Policy. |
| 8. | No Impairment of Other Remedies. Any right of recoupment under this Policy is in addition
to, and not in lieu of, any other remedies or rights that may be available to the Company pursuant to the terms of any policy or in any
employment agreement, equity award agreement, or similar agreement, plan or program. This Policy does not preclude the Company from taking
any other action to enforce a Covered Person’s obligations to the Company, including termination of employment, institution of civil
proceedings, or reporting of the Detrimental Conduct to appropriate government authorities. This Policy is in addition to the requirements
of Section 304 of the Sarbanes-Oxley Act of 2002 that are applicable to the Company’s Chief Executive Officer and Chief Financial
Officer. |
| 9. | Severability. The provisions in this Policy are intended to be applied to the fullest extent
of the law; provided, however, to the extent that any provision of this Policy is found to be unenforceable or invalid under
any applicable law, such provision will be applied to the maximum extent permitted, and shall automatically be deemed amended in a manner
consistent with its objectives to the extent necessary to conform to any limitations required under applicable law. |
| 10. | Disclosure. The Company shall make such disclosures with respect to this Policy, and any
actions taken or omitted to be taken hereunder, with the Securities and Exchange Commission and the NYSE, in each case, as may be required
under any applicable requirements, rules or listing standards thereof. |
| 11. | Acknowledgment by Covered Persons. The Company shall provide notice and seek written acknowledgement
of this Policy from each Covered Person, provided that the failure to provide such notice or obtain such acknowledgement shall have no
impact on the applicability or enforceability of this Policy. |
TWO HARBORS INVESTMENT CORP.
INCENTIVE COMPENSATION RECOUPMENT POLICY
Covered Person Acknowledgment
It is the policy of Two Harbors Investment Corp.
(the “Company”) that as a Covered Person to whom the Company’s Incentive Compensation Recoupment Policy (the
“Policy”) applies, you acknowledge your receipt of and agree to be subject to the terms and conditions of the Policy.
A copy of the Policy is enclosed for your records. You should thoroughly review the Policy, then complete and sign the acknowledgement
below and return it to the Company’s General Counsel. Any questions regarding the Policy should be directed to the Company’s
General Counsel.
Acknowledgement
I, ____________________, have received a copy
of the Policy which outlines the terms and conditions of the Policy and I have read and familiarized myself with the contents of the Policy.
I understand that as a Covered Person of the Company, I am a “Covered Person” within the meaning of the Policy. By my
signature below, I acknowledge, understand, accept and agree to be subject to the terms and conditions of the Policy, including the
possible clawback or recoupment of Erroneously Awarded Compensation and/or Recoverable Amounts (within the meaning of the Policy) previously
paid or awarded to me. I acknowledge that the Policy may be amended by the Board of Directors of the Company (the “Board”),
or the Compensation Committee of the Board, to comply with any rules or standards adopted by a national securities exchange on which
the Company’s shares are listed, or other applicable laws or regulations. I further acknowledge that I am subject to the terms and
conditions of the Policy, as may be amended from time to time, notwithstanding the terms and conditions of any Company agreement, arrangement,
plan, award, program or policy (whether oral or written).
I further understand and agree that any action
taken by the Company pursuant to the Policy shall not constitute or give rise to any constructive termination of employment, “good
reason,” breach of contract or other similar rights under any Company agreement, arrangement, plan, award, program or policy (whether
oral or written) or give rise to any right I have, or otherwise could have, to indemnification from the Company or otherwise in respect
thereof. In the event of any inconsistency between the Policy and the terms of any employment agreement to which I am a party, or the
terms of any compensation plan, program or agreement under which any compensation has been granted, awarded, earned or paid, the terms
of the Policy shall govern.
|
|
(Signature of Covered Person) |
|
DATE: __________________________
v3.23.3
X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
+ Details
Name: |
dei_AmendmentFlag |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
+ Details
Name: |
dei_DocumentPeriodEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
+ Details
Name: |
dei_DocumentType |
Namespace Prefix: |
dei_ |
Data Type: |
dei:submissionTypeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
+ References
+ Details
Name: |
dei_EntityAddressAddressLine1 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
+ References
+ Details
Name: |
dei_EntityAddressCityOrTown |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCode for the postal or zip code
+ References
+ Details
Name: |
dei_EntityAddressPostalZipCode |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the state or province.
+ References
+ Details
Name: |
dei_EntityAddressStateOrProvince |
Namespace Prefix: |
dei_ |
Data Type: |
dei:stateOrProvinceItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityCentralIndexKey |
Namespace Prefix: |
dei_ |
Data Type: |
dei:centralIndexKeyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate if registrant meets the emerging growth company criteria.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityEmergingGrowthCompany |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
+ Details
Name: |
dei_EntityFileNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:fileNumberItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
+ References
+ Details
Name: |
dei_EntityIncorporationStateCountryCode |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarStateCountryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityRegistrantName |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityTaxIdentificationNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:employerIdItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLocal phone number for entity.
+ References
+ Details
Name: |
dei_LocalPhoneNumber |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 13e -Subsection 4c
+ Details
Name: |
dei_PreCommencementIssuerTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14d -Subsection 2b
+ Details
Name: |
dei_PreCommencementTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTitle of a 12(b) registered security.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b
+ Details
Name: |
dei_Security12bTitle |
Namespace Prefix: |
dei_ |
Data Type: |
dei:securityTitleItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the Exchange on which a security is registered.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection d1-1
+ Details
Name: |
dei_SecurityExchangeName |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarExchangeCodeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Section 14a -Number 240 -Subsection 12
+ Details
Name: |
dei_SolicitingMaterial |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTrading symbol of an instrument as listed on an exchange.
+ References
+ Details
Name: |
dei_TradingSymbol |
Namespace Prefix: |
dei_ |
Data Type: |
dei:tradingSymbolItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Securities Act -Number 230 -Section 425
+ Details
Name: |
dei_WrittenCommunications |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=us-gaap_SeriesBPreferredStockMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=us-gaap_SeriesCPreferredStockMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
Two Harbors Investment (NYSE:TWO-C)
Historical Stock Chart
From Jul 2024 to Jul 2024
Two Harbors Investment (NYSE:TWO-C)
Historical Stock Chart
From Jul 2023 to Jul 2024