XML 161 R121.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Short-Term Debt - Remaining Maturities of Short Term Debt (Details) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018
--- | --- | ---
Short-term Debt [Line Items] |  |  |
Short-term debt | [1],[2] | $ 2,329,145 | $ 2,400,279
Within 30 days |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 873,138 |
31 to 90 days |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 462,971 |
Over 90 days |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 993,036 |
Line of Credit |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 2,176,591 | 1,937,920
Line of Credit | Held-for-sale residential loans |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 185,894 | 860,650
Line of Credit | Business purpose residential loans |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 814,118 | 88,380
Line of Credit | Real estate securities |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 1,176,579 |
Line of Credit | Within 30 days |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 873,138 |
Line of Credit | Within 30 days | Held-for-sale residential loans |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 49,084 |
Line of Credit | Within 30 days | Business purpose residential loans |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 0 |
Line of Credit | Within 30 days | Real estate securities |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 824,054 |
Line of Credit | 31 to 90 days |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 462,971 |
Line of Credit | 31 to 90 days | Held-for-sale residential loans |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 110,446 |
Line of Credit | 31 to 90 days | Business purpose residential loans |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 0 |
Line of Credit | 31 to 90 days | Real estate securities |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 352,525 |
Line of Credit | Over 90 days |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 840,482 |
Line of Credit | Over 90 days | Held-for-sale residential loans |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 26,364 |
Line of Credit | Over 90 days | Business purpose residential loans |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 814,118 |
Line of Credit | Over 90 days | Real estate securities |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 0 |
Servicer advance financing |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 152,554 | $ 262,740
Servicer advance financing | Within 30 days |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 0 |
Servicer advance financing | 31 to 90 days |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | 0 |
Servicer advance financing | Over 90 days |  |  |
Short-term Debt [Line Items] |  |  |
Short-term debt |  | $ 152,554 |
[1] | Includes $201 million of convertible notes at December 31, 2018, which were reclassified from Long-term debt, net to Short-term debt as the maturity of the notes was less than one year as of the date presented. See Note 13 for further discussion.
[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 December 31, 2019 and December 31, 2018, assets of consolidated VIEs totaled $11,931,869 and $6,331,191, respectively. At December 31, 2019 and December 31, 2018, liabilities of consolidated VIEs totaled $10,717,072 and $5,709,807, respectively. See Note 4 for further discussion.

X
- Definition Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(a)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(1)) -URI http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(13)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_ShortTermBorrowings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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_ShortTermDebtLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis=us-gaap_MaturityUpTo30DaysMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis=us-gaap_Maturity30To90DaysMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AssetsSoldUnderAgreementsToRepurchaseMaturityPeriodsAxis=us-gaap_MaturityOver90DaysMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ShortTermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=rwt_ResidentialLoanWarehouseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=rwt_SingleFamilyRentalLoanWarehouseFacilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=rwt_RealEstateSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ShortTermDebtTypeAxis=rwt_ServicerAdvanceFinancingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |