XML 140 R125.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information - Supplemental Information by Segment (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Segment Reporting Information [Line Items]    
Real estate securities [1] $ 316,436 $ 1,099,874
Other investments [1] 429,840 358,130
Goodwill and intangible assets [1] 64,610 161,464
Total Assets [1] 10,361,542 17,995,440
Residential loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 4,534,330 7,714,850
Business purpose residential loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 3,782,200 3,506,743
Multifamily loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 489,075 4,408,524
Operating Segments | Residential Lending    
Segment Reporting Information [Line Items]    
Real estate securities 142,713 229,074
Other investments 19,661 42,224
Goodwill and intangible assets 0 0
Total Assets 2,303,320 5,410,540
Operating Segments | Residential Lending | Residential loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 2,084,587 4,939,745
Operating Segments | Residential Lending | Business purpose residential loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 0 0
Operating Segments | Residential Lending | Multifamily loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 0 0
Operating Segments | Business Purpose Lending    
Segment Reporting Information [Line Items]    
Real estate securities 0 0
Other investments 26,933 21,002
Goodwill and intangible assets 64,610 161,464
Total Assets 4,009,371 3,786,641
Operating Segments | Business Purpose Lending | Residential loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 0 0
Operating Segments | Business Purpose Lending | Business purpose residential loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 3,782,200 3,506,743
Operating Segments | Business Purpose Lending | Multifamily loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 0 0
Operating Segments | Third-Party Investments    
Segment Reporting Information [Line Items]    
Real estate securities 173,723 870,800
Other investments 383,246 294,904
Goodwill and intangible assets 0 0
Total Assets 3,211,030 8,028,946
Operating Segments | Third-Party Investments | Residential loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 2,145,111 2,367,215
Operating Segments | Third-Party Investments | Business purpose residential loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 0 0
Operating Segments | Third-Party Investments | Multifamily loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 489,075 4,408,524
Corporate/ Other    
Segment Reporting Information [Line Items]    
Real estate securities 0 0
Other investments 0 0
Goodwill and intangible assets 0 0
Total Assets 837,821 769,313
Corporate/ Other | Residential loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 304,632 407,890
Corporate/ Other | Business purpose residential loans    
Segment Reporting Information [Line Items]    
Loans, at fair value 0 0
Corporate/ Other | Multifamily loans    
Segment Reporting Information [Line Items]    
Loans, at fair value $ 0 $ 0
[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, 2020 and December 31, 2019, assets of consolidated VIEs totaled $7,984,618 and $11,931,869, respectively. At June 30, 2020 and December 31, 2019, liabilities of consolidated VIEs totaled $7,140,221 and $10,717,072, respectively. See Note 4 for further discussion.