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Basis of Presentation - Goodwill – Activity (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2022
USD ($)
Goodwill [Roll Forward]  
Beginning balance $ 0 [1]
Ending Balance 23,373 [1]
Riverbend Funding, LLC  
Goodwill [Roll Forward]  
Beginning balance 0
Goodwill recognized from acquisition 23,373
Impairment 0
Ending Balance $ 23,373
[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 September 30, 2022 and December 31, 2021, assets of consolidated VIEs totaled $9,449,163 and $10,661,081, respectively. At September 30, 2022 and December 31, 2021, liabilities of consolidated VIEs totaled $8,448,479 and $9,619,347, respectively. See Note 4 for further discussion.