XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Commercial Loans (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2016
Commercial Loans |
Accounts, Notes, Loans and Financing Receivable [Line Items] |
Classifications and Carrying Value of Loans | The following table summarizes the classifications and carrying value of commercial loans at September 30, 2016 and December 31, 2015. Table 7.1 – Classifications and Carrying Value of Commercial Loans
(In Thousands) |  | September 30, 2016 |  | December 31, 2015
Held-for-sale |  |  |  |
At fair value |  | $ | — |  |  | $ | 39,141 |
At lower of cost or fair value |  | 30,400 |  |  | — |
Held-for-investment |  |  |  |
At fair value |  | — |  |  | 67,657 |
At amortized cost |  | — |  |  | 295,849 |
Total Commercial Loans |  | $ | 30,400 |  |  | $ | 402,647 |
Carrying Value for Loans Held-for-Investment | The following table provides additional information for our commercial loans held-for-investment at amortized cost at September 30, 2016 and December 31, 2015. Table 7.2 – Carrying Value for Commercial Loans Held-for-Investment at Amortized Cost
(In Thousands) |  | September 30, 2016 |  | December 31, 2015
Principal balance |  | $ | — |  |  | $ | 307,047 |
Unamortized discount, net |  | — |  |  | (4,096 | )
Recorded investment |  | — |  |  | 302,951 |
Allowance for loan losses |  | — |  |  | (7,102 | )
Carrying Value |  | $ | — |  |  | $ | 295,849 |
Activity in Allowance for Loans Losses | The following table summarizes the activity in the allowance for commercial loan losses for the three and nine months ended September 30, 2016 and 2015. Table 7.4 – Activity in the Allowance for Commercial Loan Losses
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(In Thousands) |  | 2016 |  | 2015 |  | 2016 |  | 2015
Balance at beginning of period |  | $ | 859 |  |  | $ | 7,401 |  |  | $ | 7,102 |  |  | $ | 7,456 |
Reversal of provision for loan losses |  | (859 | ) |  | (60 | ) |  | (7,102 | ) |  | (115 | )
Balance at End of Period |  | $ | — |  |  | $ | 7,341 |  |  | $ | — |  |  | $ | 7,341 |
Loans Collectively Evaluated for Impairment | The following table summarizes the balances for loans collectively evaluated for impairment at September 30, 2016 and December 31, 2015. Table 7.5 – Loans Collectively Evaluated for Impairment Review
(In Thousands) |  | September 30, 2016 |  | December 31, 2015
Principal balance |  | $ | — |  |  | $ | 307,047 |
Recorded investment |  | — |  |  | 302,951 |
Related allowance |  | — |  |  | 7,102 |
Commercial loans, held-for-investment |
Accounts, Notes, Loans and Financing Receivable [Line Items] |
Principal Balance of Commercial Loans Held-for-Investment by Risk Category | The following table presents the principal balance of commercial loans held-for-investment by risk category. Table 7.3 – Principal Balance of Commercial Loans Held-for-Investment by Risk Category
(In Thousands) |  | September 30, 2016 |  | December 31, 2015
Pass |  | $ | — |  |  | $ | 272,768 |
Watch list |  | — |  |  | 34,279 |
Workout |  | — |  |  | — |
Total Commercial Loans Held-for-Investment |  | $ | — |  |  | $ | 307,047 |

X
- Definition Tabular disclosure of the net carrying value for loans by entity as of the balance sheet date. + References No definition available. + Details
Name: | rwt_CarryingValueOfLoansTableTextBlock
Namespace Prefix: | rwt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables that were collectively evaluated for impairment. + References No definition available. + Details
Name: | rwt_CollectivelyEvaluatedReceivablesTableTextBlock
Namespace Prefix: | rwt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Loans Held for Investment + References No definition available. + Details
Name: | rwt_LoansHeldForInvestmentTableTextBlock
Namespace Prefix: | rwt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953423-111524 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_CommercialLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=rwt_CommercialLoansHeldForInvestmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |