XML 70 R103.htm IDEA: XBRL DOCUMENT v3.20.1
Other Assets and Liabilities - Components of Other Assets (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
Margin receivable $ 93,745 $ 209,776
Investment receivable 58,541 23,330
FHLBC stock 43,393 43,393
Pledged collateral 33,191 32,945
Right-of-use asset 16,375 11,866
REO 14,366 9,462
Fixed assets and leasehold improvements 4,966 4,901
Other 30,776 12,590
Total Other Assets [1] 295,353 $ 348,263
Fixed assets 12,000  
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 March 31, 2020 and December 31, 2019, assets of consolidated VIEs totaled $7,470,706 and $11,931,869, respectively. At March 31, 2020 and December 31, 2019, liabilities of consolidated VIEs totaled $6,759,260 and $10,717,072, respectively. See Note 4 for further discussion.