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Other Assets and Liabilities - Schedule of Components of Other Assets (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023
--- | --- | ---
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |  |  |
Real estate owned |  | $ 99,885 | $ 93,599
Accrued interest receivable |  | 92,018 | 69,072
Investment receivable |  | 62,372 | 67,302
Deferred tax asset |  | 40,116 | 40,115
Intangible assets |  | 23,454 | 28,462
Goodwill |  | 23,373 | 23,373
Operating lease right-of-use assets |  | 10,621 | 12,532
Margin receivable |  | 9,758 | 33,414
Fixed assets and leasehold improvements |  | 6,650 | 7,829
Other |  | 34,934 | 27,246
Total Other Assets | [1] | 403,181 | $ 402,944
Fixed assets |  | 18,000 |
Accumulated depreciation |  | $ (11,000) |
[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, 2024 and December 31, 2023, assets of consolidated VIEs totaled $12,844,193 and $10,988,885, respectively. At June 30, 2024 and December 31, 2023, liabilities of consolidated VIEs totaled $11,866,962 and $10,096,308, respectively. See Note 15 for further discussion.

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