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Other Assets and Liabilities - Accrued Expenses and Other Liabilities (Details) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
Contingent consideration $ 25,167 $ 0
Payable to minority partner 18,664 14,331
Accrued compensation 17,219 19,769
Guarantee obligations 15,016 16,711
Lease liability 12,570 0
Deferred tax liabilities 11,986 9,022
Margin payable 6,658 835
Accrued operating expenses 6,036 3,122
Residential bridge loan holdbacks 4,465 0
Residential loan and MSR repurchase reserve 3,947 4,189
Legal reserve 2,000 2,000
Other 6,014 8,740
Total Accrued Expenses and Other Liabilities [1] $ 129,742 $ 78,719
[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 September 30, 2019 and December 31, 2018, assets of consolidated VIEs totaled $9,596,537 and $6,331,191, respectively. At September 30, 2019 and December 31, 2018, liabilities of consolidated VIEs totaled $8,582,595 and $5,709,807, respectively. See Note 4 for further discussion.