XML 113 R102.htm IDEA: XBRL DOCUMENT v3.4.0.3
Asset-Backed Securities Issued - Additional Information (Detail) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Debt Instrument [Line Items]    
ABS issued principal [1],[2] $ 958,364 $ 1,049,415
Asset-backed Securities | Contractual maturities of over five years    
Debt Instrument [Line Items]    
ABS issued principal $ 907,000  
Contractual maturities of ABS (in years) 5 years  
Asset-backed Securities | Certificates With Principal Value | Contractual maturities of over five years    
Debt Instrument [Line Items]    
Principal value $ 1,040,000  
[1] At March 31, 2016 and December 31, 2015, Asset-backed securities issued, net included $339 and $542, respectively, of deferred debt issuance costs, and long-term debt, net included $9,513 and $10,438, respectively, of deferred debt issuance costs.
[2] 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 March 31, 2016 and December 31, 2015, assets of consolidated VIEs totaled $1,102,195 and $1,195,574, respectively. At March 31, 2016 and December 31, 2015, liabilities of consolidated VIEs totaled $959,464 and $1,050,861, respectively. See Note 4 for further discussion.