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Other Assets and Liabilities - Components of Other Assets (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022
--- | --- | ---
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |  |  |
Accrued interest receivable |  | $ 61,397 | $ 60,893
Investment receivable |  | 45,372 | 36,623
Deferred tax asset |  | 41,931 | 41,931
Margin receivable |  | 17,079 | 13,802
Operating lease right-of-use assets |  | 15,297 | 16,177
REO |  | 13,095 | 6,455
Fixed assets and leasehold improvements |  | 9,292 | 12,616
Income tax receivables |  | 3,047 | 3,399
Other |  | 25,711 | 19,344
Total Other Assets | [1] | 232,221 | $ 211,240
Fixed assets |  | 18,000 |
Accumulated depreciation |  | $ 9,000 |
[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, 2023 and December 31, 2022, assets of consolidated VIEs totaled $9,836,956 and $9,257,291, respectively. At March 31, 2023 and December 31, 2022, liabilities of consolidated VIEs totaled $8,729,585 and $8,270,276, respectively. See Note 4 for further discussion.

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