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Consolidated Statements Of Changes In Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income
Cumulative Earnings
Cumulative Distributions to Stockholders
Beginning balance (in shares) at Dec. 31, 2012   81,716,416        
Beginning balance at Dec. 31, 2012 $ 1,140,164 $ 817 $ 1,744,554 $ 138,332 $ 633,052 $ (1,376,591)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 173,246       173,246  
Other comprehensive income (loss) 10,434     10,434    
Dividend reinvestment & stock purchase plans (in shares)   431,679        
Dividend reinvestment & stock purchase plans 8,148 $ 4 8,144      
Employee stock purchase and incentive plans (in shares)   356,706        
Employee stock purchase and incentive plans (5,342) $ 4 (5,346)      
Non-cash equity award compensation $ 13,547   13,547      
Share repurchases (in shares) 0          
Common dividends declared $ (94,414)         (94,414)
Ending balance (in shares) at Dec. 31, 2013   82,504,801        
Ending balance at Dec. 31, 2013 1,245,783 $ 825 1,760,899 148,766 806,298 (1,471,005)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 100,569       100,569  
Other comprehensive income (loss) (8,078)     (8,078)    
Dividend reinvestment & stock purchase plans (in shares)   488,174        
Dividend reinvestment & stock purchase plans 9,017 $ 5 9,012      
Employee stock purchase and incentive plans (in shares)   450,166        
Employee stock purchase and incentive plans (7,148) $ 4 (7,152)      
Non-cash equity award compensation $ 11,271   11,271      
Share repurchases (in shares) 0          
Common dividends declared $ (95,273)         (95,273)
Ending balance (in shares) (Previously Reported) at Dec. 31, 2014   83,443,141        
Ending balance (in shares) at Dec. 31, 2014   83,443,141        
Ending balance (Previously Reported) at Dec. 31, 2014 1,256,141 $ 834 1,774,030 140,688 906,867 (1,566,278)
Ending balance at Dec. 31, 2014 1,256,141 [1] 834 1,774,030 140,688 906,867 (1,566,278)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Adjusted balance 1,265,869 $ 834 1,774,030 140,688 916,595 (1,566,278)
Cumulative effect adjustment - adoption of ASU 2014-13 | Accounting Standards Update 2014-13 9,728       9,728  
Net income 102,088       102,088  
Other comprehensive income (loss) (48,695)     (48,695)    
Dividend reinvestment & stock purchase plans (in shares)   418,508        
Dividend reinvestment & stock purchase plans 6,834 $ 4 6,830      
Employee stock purchase and incentive plans (in shares)   753,429        
Employee stock purchase and incentive plans (7,981) $ 7 (7,988)      
Non-cash equity award compensation $ 11,806   11,806      
Share repurchases (in shares) (6,452,313) (6,452,313)        
Share repurchases $ (88,785) $ (63) (88,722)      
Common dividends declared (94,871)         (94,871)
Ending balance (in shares) at Dec. 31, 2015   78,162,765        
Ending balance at Dec. 31, 2015 $ 1,146,265 [1] $ 782 $ 1,695,956 $ 91,993 $ 1,018,683 $ (1,661,149)
[1] Our consolidated balance sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations of these VIEs and liabilities of consolidated VIEs for which creditors do not have recourse to Redwood Trust, Inc. or its affiliates. At December 31, 2015 and December 31, 2014, assets of consolidated VIEs totaled $1,195,574 and $1,900,208, respectively. At December 31, 2015 and December 31, 2014, liabilities of consolidated VIEs totaled $1,050,861 and $1,546,490, respectively. See Note 4 for further discussion.