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Other Assets and Liabilities - Components of Other Assets (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
Accrued interest receivable $ 63,659 $ 60,893
Investment receivable 47,176 36,623
Deferred tax asset 41,931 41,931
REO 15,458 6,455
Operating lease right-of-use assets 14,337 16,177
Fixed assets and leasehold improvements 8,994 12,616
Income tax receivables 3,147 3,399
Margin receivable 2,043 13,802
Other 22,280 19,344
Total Other Assets [1] 219,025 $ 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 June 30, 2023 and December 31, 2022, assets of consolidated VIEs totaled $9,492,706 and $9,257,291, respectively. At June 30, 2023 and December 31, 2022, liabilities of consolidated VIEs totaled $8,439,522 and $8,270,276, respectively. See Note 4 for further discussion.