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Other Assets and Liabilities - Components of Other Assets (Details) - USD ($) $ in Thousands | Sep. 30, 2020 | Dec. 31, 2019
--- | --- | ---
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |  |  |
Accrued interest receivable |  | $ 39,330 | $ 71,058
Investment receivable |  | 25,767 | 23,330
Right-of-use asset |  | 13,487 | 11,866
REO |  | 8,535 | 9,462
Pledged collateral |  | 8,172 | 32,945
Income tax receivables |  | 8,148 | 36
FHLBC stock |  | 5,000 | 43,393
Fixed assets and leasehold improvements |  | 4,408 | 4,901
Margin receivable |  | 3,809 | 209,776
Other |  | 7,617 | 12,554
Total Other Assets | [1] | 124,273 | $ 419,321
Fixed assets |  | 12,000 |
Accumulated depreciation |  | $ 8,000 |
[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 September 30, 2020 and December 31, 2019, assets of consolidated VIEs totaled $8,197,095 and $11,931,869, respectively. At September 30, 2020 and December 31, 2019, liabilities of consolidated VIEs totaled $7,238,047 and $10,717,072, respectively. See Note 4 for further discussion.

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- Definition Federal Home Loan Bank (FHLB) stock represents an equity interest in a FHLB. It does not have a readily determinable fair value because its ownership is restricted and it lacks a market (liquidity). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 325 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=75031641&loc=d3e63345-112809 + Details
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