v3.26.1
Other Assets and Liabilities - Schedule of Components of Other Assets (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]      
Accrued interest receivable $ 151,426   $ 130,955
Real estate owned 134,021 $ 121,167 124,270
Investment receivable 41,603   38,082
Receivable from joint venture partners 32,773   9,298
Margin receivable 21,458   33,439
Deferred tax asset 12,352   12,352
Operating lease right-of-use assets $ 11,950   $ 8,902
Operating lease right-of-use asset, statement of financial position [Extensible List] Total Other Assets   Total Other Assets
Fixed assets and leasehold improvements $ 9,465   $ 6,354
Intangible assets 6,602   10,623
Other 49,606   39,247
Total Other Assets [1] 471,256   $ 413,522
Fixed assets 24,000    
Accumulated depreciation $ 15,000    
[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, 2026 and December 31, 2025, assets of consolidated VIEs totaled $24,372,361 and $18,927,094, respectively. At June 30, 2026 and December 31, 2025, liabilities of consolidated VIEs totaled $22,877,902 and $17,850,175, respectively. See Note 16 for further discussion.