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Other Assets and Liabilities - Accrued Expenses and Other Liabilities (Details) - USD ($) $ in Thousands | Jun. 30, 2022 | Dec. 31, 2021
--- | --- | ---
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |  |  |
Payable to non-controlling interests |  | $ 49,544 | $ 42,670
Accrued interest payable |  | 42,548 | 39,297
Operating lease liabilities |  | 19,448 | 20,960
Accrued compensation |  | 17,765 | 74,636
Margin payable |  | 15,023 | 24,368
Accrued operating expenses |  | 8,743 | 4,377
Guarantee obligations |  | 6,768 | 7,459
Residential loan and MSR repurchase reserve |  | 5,678 | 9,306
Current accounts payable |  | 5,518 | 8,273
Bridge loan holdbacks |  | 3,983 | 3,109
Other |  | 15,807 | 11,333
Accrued expenses and other liabilities | [1] | $ 190,825 | $ 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 June 30, 2022 and December 31, 2021, assets of consolidated VIEs totaled $9,951,520 and $10,661,081, respectively. At June 30, 2022 and December 31, 2021, liabilities of consolidated VIEs totaled $8,899,020 and $9,619,347, respectively. See Note 4 for further discussion.

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