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Other Assets and Liabilities - Components of Other Assets (Details) - USD ($) $ in Thousands | Jun. 30, 2021 | Dec. 31, 2020
--- | --- | ---
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |  |  |
Accrued interest receivable |  | $ 41,366 | $ 39,445
Investment receivable |  | 38,281 | 43,176
REO |  | 15,489 | 8,413
Operating lease right-of-use assets |  | 14,370 | 15,012
Margin receivable |  | 10,269 | 4,758
Fixed assets and leasehold improvements |  | 7,202 | 4,203
Pledged collateral |  | 0 | 1,177
Other |  | 9,455 | 14,404
Total Other Assets | [1] | 136,432 | $ 130,588
Fixed assets |  | 14,000 |
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 June 30, 2021 and December 31, 2020, assets of consolidated VIEs totaled $8,616,435 and $8,141,069, respectively. At June 30, 2021 and December 31, 2020, liabilities of consolidated VIEs totaled $7,562,367 and $7,148,414, respectively. See Note 4 for further discussion.

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