XML 139 R121.htm IDEA: XBRL DOCUMENT v3.6.0.2
Equity Compensation Plans - Additional Information (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
USD ($)
$ / shares
shares
Mar. 31, 2016
USD ($)
executive
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
$ / shares
shares
Dec. 31, 2016
USD ($)
tranche
measurement_period
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Shares of common stock available for grant under Redwood's Incentive Plan (in shares) 1,787,974   1,665,032   1,787,974 1,665,032  
Unrecognized compensation cost | $ $ 18,146   $ 23,608   $ 18,146 $ 23,608  
Equity compensation cost (less than for 2014) | $         9,093 11,921 $ 9,750
Share-based compensation expense including restructuring | $         $ 12,576    
Number of shares purchased by employees (in shares)         337,271    
Restricted Stock              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Unrecognized compensation cost | $ 2,000       $ 2,000    
Weighted average amortization period remaining for equity awards (in years)         2 years    
Equity compensation cost (less than for 2014) | $         $ 1,000 $ 1,000  
Number of stock awards granted (in shares)         144,056 141,069 2,574
Number of stock awards forfeited (in shares)         76,614 20,678 15,842
Number of stock awards vested (in shares)         50,107 42,675 44,209
Deferred Stock Units              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Unrecognized compensation cost | $ $ 12,000       $ 12,000    
Equity compensation cost (less than for 2014) | $         $ 9,000 $ 7,000 $ 6,000
Unvested outstanding stock awards (in units) 908,963   1,043,606 880,962 908,963 1,043,606 880,962
Weighted-average grant date fair value of stock awards (in dollars per unit) | $ / shares $ 14.96   $ 17.22 $ 17.20 $ 14.96 $ 17.22 $ 17.20
Share-based compensation expense including restructuring | $   $ 3,000          
Number of executives departing | executive   2          
Number of stock awards vested (in units) 939,899   1,363,548 1,287,862 939,899 1,363,548 1,287,862
Number of stock awards granted (in shares)         565,061 583,958 350,769
Number of stock awards forfeited (in shares)         62,894 10,167 7,870
Performance Stock Units              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Unrecognized compensation cost | $ $ 5,000       $ 5,000    
Equity compensation cost (less than for 2014) | $         $ 3,000 $ 3,000 $ 3,000
Unvested outstanding stock awards (in units) 642,879   849,021   642,879 849,021  
Weighted-average grant date fair value of stock awards (in dollars per unit) | $ / shares $ 13.24   $ 9.46 $ 14.99 $ 13.24 $ 9.46 $ 14.99
Share-based compensation expense including restructuring | $   $ 600          
Number of executives departing | executive   2          
Number of stock awards granted (in shares)         194,484 356,762 268,510
Number of stock awards forfeited (in shares)         208,330 0 0
Performance Stock Units | Performance Share Units (PSUs), 2016              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Share-based compensation, vesting period (in years)         3 years    
Number of measurement periods | measurement_period         4    
TSR performance period (in years)         2 years    
Number of vesting tranches | tranche         4    
Grant date fair value assumptions, average closing stock price of common stock, measurement period (in days)         60 days    
Grant date fair value assumptions, volatility rate         29.00%    
Grant date fair value assumptions, risk-free rate         1.57%    
Grant date fair value assumptions, dividend rate, risk-free rate, treasury rate measurement period (in years)         3 years    
Grant date fair value assumptions, dividend yield         0.00%    
Performance Stock Units | Performance Share Units (PSUs), 2015 And 2014              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Share-based compensation, vesting period (in years)         3 years    
Grant date fair value assumptions, average closing stock price of common stock, measurement period (in days)         40 days    
Performance Stock Units | Performance Share Units (PSUs), 2015              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Grant date fair value assumptions, volatility rate         26.00%    
Grant date fair value assumptions, risk-free rate         1.35%    
Grant date fair value assumptions, dividend rate, risk-free rate, treasury rate measurement period (in years)         3 years    
Grant date fair value assumptions, dividend yield         0.00%    
Performance Stock Units | Performance Share Units (PSUs), 2014              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Grant date fair value assumptions, volatility rate         24.00%    
Grant date fair value assumptions, risk-free rate         1.06%    
Grant date fair value assumptions, dividend yield         0.00%    
Performance Stock Units | Performance Share Units (PSUs), 2013              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
TSR performance period (in years) 3 years            
Number of stock awards vested (in shares) 0            
Performance Stock Units | Performance Share Units (PSUs), 2012              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
TSR performance period (in years)     3 years        
Number of stock awards vested (in shares)     57,049        
Performance Stock Units | Performance Share Units (PSUs), 2011              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
TSR performance period (in years)       3 years      
Number of stock awards vested (in shares)       701,440      
Maximum              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Weighted average amortization period remaining for equity awards (in years)         2 years    
Share-based compensation, vesting period (in years)         4 years    
Shares of common stock to be purchased in aggregate for all employees (in shares) 450,000       450,000    
Maximum | Deferred Stock Units              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Weighted average amortization period remaining for equity awards (in years)         2 years    
Maximum | Performance Stock Units | Performance Share Units (PSUs), 2016              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Equity awards, vesting percentage         200.00%    
Award vesting rights, total share return, percentage         72.00%    
Maximum | Performance Stock Units | Performance Share Units (PSUs), 2015 And 2014              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Equity awards, vesting percentage         200.00%    
Award vesting rights, total share return, percentage         125.00%    
Minimum              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Share-based compensation, vesting period (in years)         3 years    
Minimum | Performance Stock Units | Performance Share Units (PSUs), 2016              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Equity awards, vesting percentage         0.00%    
Minimum | Performance Stock Units | Performance Share Units (PSUs), 2015 And 2014              
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]              
Equity awards, vesting percentage         0.00%