Well it really seems like the drive has been initialized by using MBR (just for clarification MBR and GPT are different partition table formats.). Backup the data you have on that drive and then delete this partition (click with the right-mouse button and select "Delete Volume") so that both partitions have unallocated space. After that click with the right-mouse button where it says Disk 2 and select "Convert to GPT". This should fix the issue. After that you can partition and format the drive as you see fit.
The reason for this to happen is that MBR has a limitation of 2.2TB, which is 2048GB actual storage capacity (exactly like in your case). On the other hand GPT has no such limitations regarding the drive's overall capacity and you should be able to use the whole space.
Please keep me posted.