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v3.22.2

Segment Information - Supplemental Information by Segment (Details) - USD ($) $ in Thousands | Jun. 30, 2022 | Dec. 31, 2021
--- | --- | ---
Segment Reporting Information [Line Items] |  |  |
Real estate securities | [1] | $ 284,278 | $ 377,411
Other investments | [1] | 679,667 | 641,969
Intangible assets | [1] | 34,720 | 41,561
Total Assets | [1] | 13,875,536 | 14,706,944
Residential loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 6,578,599 | 7,592,432
Business purpose loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 5,202,937 | 4,790,989
Consolidated Agency multifamily loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 443,114 | 473,514
Operating Segments | Residential Mortgage Banking |  |  |
Segment Reporting Information [Line Items] |  |  |
Real estate securities |  | 3,994 | 4,927
Other investments |  | 0 | 0
Intangible assets |  | 0 | 0
Total Assets |  | 1,032,281 | 1,716,285
Operating Segments | Residential Mortgage Banking | Residential loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 990,924 | 1,673,235
Operating Segments | Residential Mortgage Banking | Business purpose loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 0 | 0
Operating Segments | Residential Mortgage Banking | Consolidated Agency multifamily loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 0 | 0
Operating Segments | Business Purpose Mortgage Banking |  |  |
Segment Reporting Information [Line Items] |  |  |
Real estate securities |  | 0 | 0
Other investments |  | 0 | 0
Intangible assets |  | 34,720 | 41,561
Total Assets |  | 645,428 | 464,967
Operating Segments | Business Purpose Mortgage Banking | Residential loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 0 | 0
Operating Segments | Business Purpose Mortgage Banking | Business purpose loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 503,945 | 347,860
Operating Segments | Business Purpose Mortgage Banking | Consolidated Agency multifamily loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 0 | 0
Operating Segments | Investment Portfolio |  |  |
Segment Reporting Information [Line Items] |  |  |
Real estate securities |  | 280,284 | 372,484
Other investments |  | 615,807 | 606,267
Intangible assets |  | 0 | 0
Total Assets |  | 11,513,520 | 11,770,486
Operating Segments | Investment Portfolio | Residential loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 5,378,886 | 5,688,742
Operating Segments | Investment Portfolio | Business purpose loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 4,698,992 | 4,443,129
Operating Segments | Investment Portfolio | Consolidated Agency multifamily loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 443,114 | 473,514
Corporate/ Other |  |  |
Segment Reporting Information [Line Items] |  |  |
Real estate securities |  | 0 | 0
Other investments |  | 63,860 | 35,702
Intangible assets |  | 0 | 0
Total Assets |  | 684,307 | 755,206
Corporate/ Other | Residential loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 208,789 | 230,455
Corporate/ Other | Business purpose loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 0 | 0
Corporate/ Other | Consolidated Agency multifamily loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | $ 0 | $ 0
[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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