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Asset-Backed Securities Issued - Additional Information (Details) - USD ($)
3 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2021
Dec. 31, 2052
Mar. 31, 2029
Jul. 31, 2023
Sep. 30, 2021
Dec. 31, 2020
Debt Instrument [Line Items]              
Other assets [1]   $ 231,117,000         $ 130,588,000
VIE, ownership interest rate (as a percent)   80.00%          
Variable Interest Entity, Primary Beneficiary              
Debt Instrument [Line Items]              
Other assets   $ 41,826,000         9,937,000
Variable Interest Entity, Primary Beneficiary | Point HEI              
Debt Instrument [Line Items]              
Amortized cost           $ 146,000,000  
CoreVest | Variable Interest Entity, Primary Beneficiary              
Debt Instrument [Line Items]              
Amortized cost           $ 270,000,000  
Freddie Mac SLST(1) | Variable Interest Entity, Primary Beneficiary              
Debt Instrument [Line Items]              
Amortized cost $ 210,000,000            
Other assets   2,028,000         646,000
Asset-backed Securities | Variable Interest Entity, Primary Beneficiary              
Debt Instrument [Line Items]              
Debt instrument, face amount   143,000,000          
Debt discount   $ 2,000,000          
Debt instrument, interest rate (as a percent)   4.75%          
VIE, ownership interest rate (as a percent) 100.00%            
Asset-backed Securities | Variable Interest Entity, Primary Beneficiary | Forecast              
Debt Instrument [Line Items]              
Debt instrument, interest rate (as a percent)     2.00% 2.00% 7.75%    
Asset-backed Securities | CoreVest              
Debt Instrument [Line Items]              
Debt instrument, face amount   $ 270,000,000          
Bridge loan   278,000,000          
Other assets   13,000,000          
Restricted cash   15,000,000          
Securitized asset backed securities, borrowing capacity   300,000,000          
Asset-backed Securities | CoreVest | Variable Interest Entity, Primary Beneficiary              
Debt Instrument [Line Items]              
Debt instrument, face amount   267,000,000          
Debt discount   $ 3,000,000          
Debt instrument, interest rate (as a percent)   2.34%          
Asset-backed Securities | Freddie Mac SLST(1)              
Debt Instrument [Line Items]              
Debt instrument, face amount   $ 145,000,000         $ 205,000,000
Contractual maturities of over five years | Asset-backed Securities              
Debt Instrument [Line Items]              
Contractual maturities of ABS (in years)   5 years          
[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.