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Other Assets and Liabilities - Accrued Expenses and Other Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
Accrued interest payable $ 46,612 $ 39,297
Accrued compensation 30,929 74,636
Payable to non-controlling interests 44,859 42,670
Operating lease liabilities 18,563 20,960
Loan and MSR repurchase reserve 7,051 9,306
Guarantee obligations 6,344 7,459
Margin payable 5,944 24,368
Accrued operating expenses 5,740 4,377
Bridge loan holdbacks 3,301 3,109
Current accounts payable 4,234 8,273
Other 6,627 11,333
Total Accrued Expenses and Other Liabilities [1] $ 180,203 $ 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 December 31, 2022 and 2021, assets of consolidated VIEs totaled $9,257,291 and $10,661,081, respectively. At December 31, 2022 and 2021, liabilities of consolidated VIEs totaled $8,270,276 and $9,619,347, respectively. See Note 4 for further discussion.