XML 107 R88.htm IDEA: XBRL DOCUMENT v3.25.0.1
Real Estate Securities - Schedule of Fair Values of Real Estate Securities by Type (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]    
Trading $ 193,749 $ 40,424
Available-for-sale 211,474 87,373
Total Real Estate Securities [1] $ 405,223 $ 127,797
[1] Our consolidated balance sheets include assets of 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, 2024 and 2023, assets of consolidated VIEs totaled $14,654,942 and $10,988,885, respectively. At December 31, 2024 and 2023, liabilities of consolidated VIEs totaled $13,620,239 and $10,096,308, respectively. See Note 15 for further discussion.