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Other Assets and Liabilities - Components of Other Assets (Details) - USD ($) $ in Thousands | Mar. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |  |  |
Investment receivable |  | $ 49,313 | $ 82,781
Accrued interest receivable |  | 48,717 | 47,515
REO |  | 27,179 | 36,126
Deferred tax asset |  | 20,867 | 20,867
Operating lease right-of-use assets |  | 17,917 | 18,772
Margin receivable |  | 17,165 | 7,269
Fixed assets and leasehold improvements |  | 10,105 | 9,019
Other |  | 10,939 | 8,768
Total Other Assets | [1] | 202,202 | $ 231,117
Fixed assets |  | 18,000 |
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 March 31, 2022 and December 31, 2021, assets of consolidated VIEs totaled $10,250,802 and $10,661,081, respectively. At March 31, 2022 and December 31, 2021, liabilities of consolidated VIEs totaled $9,202,156 and $9,619,347, respectively. See Note 4 for further discussion.

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