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Other Assets and Liabilities - Summary of Other Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
Margin receivable $ 209,776 $ 100,773
FHLBC stock 43,393 43,393
Pledged collateral 32,945 42,433
Investment receivable 23,330 6,959
Right-of-use asset 11,866 0
REO 9,462 3,943
Fixed assets and leasehold improvements 4,901 5,106
Other 12,590 15,218
Total Other Assets [1] 348,263 $ 217,825
Fixed assets basis 11,000  
Fixed assets, accumulated depreciation $ 7,000  
[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, 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.