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Other Assets and Liabilities - Accrued Expenses and Other Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
Payable to non-controlling interests $ 47,939 $ 42,670
Margin payable 41,966 24,368
Accrued interest payable 38,647 39,297
Accrued operating expenses 30,581 4,377
Current accounts payable 21,734 8,273
Operating lease liabilities 20,218 20,960
Accrued compensation 16,990 74,636
Residential loan and MSR repurchase reserve 9,529 9,306
Guarantee obligations 7,046 7,459
Bridge loan holdbacks 2,536 3,109
Other 7,264 11,333
Total Accrued Expenses and Other Liabilities [1] $ 244,450 $ 245,788
[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.