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Other Assets and Liabilities - Accrued Expenses and Other Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
Accrued compensation $ 74,636 $ 24,393
Payable to non-controlling interests 42,670 16,941
Accrued interest payable 39,297 34,858
Margin payable 24,368 14,728
Operating lease liabilities 20,960 16,687
Residential loan and MSR repurchase reserve 9,306 8,631
Guarantee obligations 7,459 10,039
Accrued operating expenses 4,377 5,509
Bridge loan holdbacks 3,109 5,708
Accrued income taxes payable 726 5,614
Deferred consideration 0 14,579
Other 18,880 21,653
Total Accrued Expenses and Other Liabilities [1] $ 245,788 $ 179,340
[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, 2021 and 2020, assets of consolidated VIEs totaled $10,661,081 and $8,141,069, respectively. At December 31, 2021 and 2020, liabilities of consolidated VIEs totaled $9,619,347 and $7,148,414, respectively. See Note 4 for further discussion.