$RWT
REDWOOD TRUST INC Stock $rwt

$rwt Overview Financials Valuation SEC Filings Company Website

2015 Q1 Form 10-Q Financial Statement

#000093023615000009 Filed on May 07, 2015

Income Statement

Concept	2015 Q1	2014 Q1
Revenue	$63.75M	$55.48M
YoY Change	14.91%	3.64%
Cost Of Revenue	$24.00M	$19.10M
YoY Change	25.65%	4.37%
Gross Profit	$39.80M	$36.40M
YoY Change	9.34%	3.12%
Gross Profit Margin	62.44%	65.62%
Selling, General & Admin	$20.80M	$17.90M
YoY Change	16.2%	0.56%
% of Gross Profit	52.26%	49.18%
Research & Development	$2.122M	$3.466M
YoY Change	-38.78%	99.08%
% of Gross Profit	5.33%	9.52%
Depreciation & Amortization	$100.0K	$100.0K
YoY Change	0.0%	0.0%
% of Gross Profit	0.25%	0.27%
Operating Expenses	$25.06M	$19.97M
YoY Change	25.48%	-198.94%
Operating Profit	$14.74M	$16.43M
YoY Change	-10.29%	-70.39%
Interest Expense	$23.96M	$19.06M
YoY Change	25.72%	4.14%
% of Operating Profit	162.59%	116.02%
Other Income/Expense, Net	$809.0K
YoY Change
Pretax Income	$9.485M	$10.49M
YoY Change	-9.58%	-85.33%
Income Tax	-$5.316M	-$1.843M
% Of Pretax Income	-56.05%	-17.57%
Net Earnings	$14.80M	$12.33M
YoY Change	20.01%	-79.5%
Net Earnings / Revenue	23.22%	22.23%
Basic Earnings Per Share	$0.17	$0.14
Diluted Earnings Per Share	$0.16	$0.14
COMMON SHARES
Basic Shares Outstanding	83.36M shares	82.41M shares
Diluted Shares Outstanding	85.62M shares	84.94M shares

Balance Sheet

Concept	2015 Q1	2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.589B	$1.893B
YoY Change	-16.05%	44.56%
Cash & Equivalents	$303.8M	$150.0M
Short-Term Investments	$1.285B	$1.743B
Other Short-Term Assets	$3.000M	$2.000M
YoY Change	50.0%	0.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$424.0M	$199.0M
YoY Change	113.07%	134.12%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.868M	$1.870M
YoY Change	106.84%	210.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.406B	$1.808B
YoY Change	-22.23%	44.76%
Other Assets	$15.00M	$13.00M
YoY Change	15.38%	-27.78%
Total Long-Term Assets	$5.392B	$4.808B
YoY Change	12.14%	2.04%
TOTAL ASSETS
Total Short-Term Assets	$424.0M	$199.0M
Total Long-Term Assets	$5.392B	$4.808B
Total Assets	$5.816B	$5.007B
YoY Change	16.16%	4.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$26.00M	$20.00M
YoY Change	30.0%	-42.86%
Deferred Revenue
YoY Change
Short-Term Debt	$1.502B	$1.289B
YoY Change	16.56%	78.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.529B	$1.309B
YoY Change	16.81%	73.15%
LONG-TERM LIABILITIES
Long-Term Debt	$2.904B	$2.368B
YoY Change	22.64%	-15.67%
Other Long-Term Liabilities	$116.0M	$72.00M
YoY Change	61.11%	60.0%
Total Long-Term Liabilities	$3.020B	$2.440B
YoY Change	23.77%	-14.48%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.529B	$1.309B
Total Long-Term Liabilities	$3.020B	$2.440B
Total Liabilities	$4.559B	$3.756B
YoY Change	21.37%	4.07%
SHAREHOLDERS EQUITY
Retained Earnings	$931.4M	$818.6M
YoY Change	13.77%	18.02%
Common Stock	$1.781B	$1.766B
YoY Change	0.81%	0.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.257B	$1.251B
YoY Change
Total Liabilities & Shareholders Equity	$5.816B	$5.007B
YoY Change	16.16%	4.38%

Cashflow Statement

Concept	2015 Q1	2014 Q1
OPERATING ACTIVITIES
Net Income	$14.80M	$12.33M
YoY Change	20.01%	-79.5%
Depreciation, Depletion And Amortization	$100.0K	$100.0K
YoY Change	0.0%	0.0%
Cash From Operating Activities	-$119.1M	-$401.7M
YoY Change	-70.35%	-11.33%
INVESTING ACTIVITIES
Capital Expenditures	-$5.200M	-$900.0K
YoY Change	477.78%
Acquisitions
YoY Change
Other Investing Activities	$199.3M	$30.40M
YoY Change	555.59%	-82.59%
Cash From Investing Activities	$194.1M	$29.44M
YoY Change	559.46%	-83.14%
FINANCING ACTIVITIES
Cash Dividend Paid	$24.16M	$23.75M
YoY Change	1.74%	0.79%
Common Stock Issuance & Retirement, Net	-$134.0K	-$122.0K
YoY Change	9.84%	-8.96%
Debt Paid & Issued, Net	$0.00	$17.00K
YoY Change	-100.0%
Cash From Financing Activities	-$40.95M	$349.0M
YoY Change	-111.73%	26.32%
NET CHANGE
Cash From Operating Activities	-$119.1M	-$401.7M
Cash From Investing Activities	$194.1M	$29.44M
Cash From Financing Activities	-$40.95M	$349.0M
Net Change In Cash	$34.09M	-$23.24M
YoY Change	-246.72%	993.93%
FREE CASH FLOW
Cash From Operating Activities	-$119.1M	-$401.7M
Capital Expenditures	-$5.200M	-$900.0K
Free Cash Flow	-$113.9M	-$400.8M
YoY Change	-71.59%	-11.53%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q1	dei	Amendment Flag AmendmentFlag	false
CY2015Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2015Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2015Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
CY2015Q1	dei	Document Period End Date DocumentPeriodEndDate	2015-03-31
CY2015Q1	dei	Document Type DocumentType	10-Q
CY2015Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000930236
CY2015Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	84257726	shares
CY2015Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2015Q1	dei	Entity Registrant Name EntityRegistrantName	REDWOOD TRUST INC
CY2015Q1	dei	Trading Symbol TradingSymbol	RWT
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CY2015Q1	invest	Derivative Notional Amount DerivativeNotionalAmount	5197873000	USD
CY2014Q4	rwt	Accrued Expenses AccruedExpenses	3334000	USD
CY2015Q1	rwt	Accrued Expenses AccruedExpenses	3096000	USD
CY2014Q4	rwt	Collateral For Asset Backed Securities Issued CollateralForAssetBackedSecuritiesIssued	1900118000	USD
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CY2015Q1	rwt	Debt Instrument Average Maturity Term DebtInstrumentAverageMaturityTerm	P130D
CY2015Q1	rwt	Derivative Number Of Counterparties DerivativeNumberOfCounterparties	6	counterparty
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CY2015Q1	rwt	Employee Stock Purchase Plan Number Of Shares Purchased By Employee EmployeeStockPurchasePlanNumberOfSharesPurchasedByEmployee	283092	shares
CY2014Q1	rwt	Fixed Compensation Expense FixedCompensationExpense	6742000	USD
CY2015Q1	rwt	Fixed Compensation Expense FixedCompensationExpense	9155000	USD
CY2014Q1	rwt	Loan Purchase Sale Commitment Valuations LoanPurchaseSaleCommitmentValuations	8000	USD
CY2015Q1	rwt	Loan Purchase Sale Commitment Valuations LoanPurchaseSaleCommitmentValuations	18256000	USD
CY2014Q4	rwt	Margin Payable MarginPayable	6455000	USD
CY2015Q1	rwt	Margin Payable MarginPayable	15007000	USD
CY2014Q1	rwt	Market Valuation Adjustments Net MarketValuationAdjustmentsNet	-9446000	USD
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CY2015Q1	rwt	Minimum Percentage Of Taxable Income Distribution To Shareholders MinimumPercentageOfTaxableIncomeDistributionToShareholders	0.9
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CY2015Q1	rwt	Mortgage Loans On Real Estate Repurchase Provision MortgageLoansOnRealEstateRepurchaseProvision	1000000	USD
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CY2015Q1	rwt	Mortgage Servicing Expense MortgageServicingExpense	1229000	USD
CY2014Q1	rwt	Mortgage Servicing Rights Income Including Market Valuation Changes Of Ms Rs MortgageServicingRightsIncomeIncludingMarketValuationChangesOfMSRs	606000	USD
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CY2015Q1	rwt	Percentage Difference Of Internal Valuation Than Dealer Marks PercentageDifferenceOfInternalValuationThanDealerMarks	0.02
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CY2014Q4	rwt	Unsettled Trades UnsettledTrades	0	USD
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CY2014Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	10236000	USD
CY2015Q1	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	10237000	USD
CY2014Q4	us-gaap	Deposit Assets DepositAssets	5000000	USD
CY2015Q1	us-gaap	Deposit Assets DepositAssets	5000000	USD
CY2014Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	106000	USD
CY2015Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	143000	USD
CY2014Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed	3547000	USD
CY2015Q1	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed	4005000	USD
CY2014Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Amount Offset Against Collateral DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedAmountOffsetAgainstCollateral	15257000	USD
CY2015Q1	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Amount Offset Against Collateral DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedAmountOffsetAgainstCollateral	22275000	USD
CY2014Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Cash DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash	4735000	USD
CY2015Q1	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Cash DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash	10884000	USD
CY2014Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Securities DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnSecurities	6975000	USD
CY2015Q1	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Securities DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnSecurities	7386000	USD
CY2014Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross	15257000	USD
CY2015Q1	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross	22275000	USD
CY2014Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability	0	USD
CY2014Q4	us-gaap	Derivative Assets DerivativeAssets	16417000	USD
CY2015Q1	us-gaap	Derivative Assets DerivativeAssets	30546000	USD
CY2014Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	-41914000	USD
CY2015Q1	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	-37518000	USD
CY2014Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	58331000	USD
CY2015Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	68064000	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned	976000	USD
CY2015Q1	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned	975000	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral	1851876000	USD
CY2015Q1	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral	1568919000	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset	0	USD
CY2015Q1	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset	0	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash	50100000	USD
CY2015Q1	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash	58395000	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities	1800800000	USD
CY2015Q1	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities	1509549000	USD
CY2014Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross	1851876000	USD
CY2015Q1	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross	1568919000	USD
CY2014Q1	us-gaap	Dividends Common Stock DividendsCommonStock	23749000	USD
CY2015Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.560
CY2015Q1	us-gaap	Dividends Common Stock DividendsCommonStock	24162000	USD
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2015Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.17
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2015Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.16
CY2014Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.176
CY2014Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.34
CY2015Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.34
CY2014Q1	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	0.037
CY2015Q1	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	0.119
CY2014Q1	us-gaap	Effective Income Tax Rate Reconciliation Deductions EffectiveIncomeTaxRateReconciliationDeductions	0.017
CY2015Q1	us-gaap	Effective Income Tax Rate Reconciliation Deductions EffectiveIncomeTaxRateReconciliationDeductions	0.447
CY2014Q1	us-gaap	Effective Income Tax Rate Reconciliation Deductions Dividends EffectiveIncomeTaxRateReconciliationDeductionsDividends	0.608
CY2015Q1	us-gaap	Effective Income Tax Rate Reconciliation Deductions Dividends EffectiveIncomeTaxRateReconciliationDeductionsDividends	0.644
CY2014Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.072
CY2015Q1	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.072
CY2014Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	19273000	USD
CY2015Q1	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	8518000	USD
CY2015Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	8034000	USD
CY2014Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	20269000	USD
CY2015Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	25403000	USD
CY2015Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y
CY2014Q4	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	10688000	USD
CY2015Q1	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	28434000	USD
CY2014Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	1092000	USD
CY2015Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	4306000	USD
CY2014Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	985000	USD
CY2015Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1232000	USD
CY2014Q4	us-gaap	Guaranty Assets GuarantyAssets	7201000	USD
CY2015Q1	us-gaap	Guaranty Assets GuarantyAssets	6118000	USD
CY2014Q4	us-gaap	Guaranty Liabilities GuarantyLiabilities	7201000	USD
CY2015Q1	us-gaap	Guaranty Liabilities GuarantyLiabilities	6917000	USD
CY2014Q1	us-gaap	Impairment Of Investments ImpairmentOfInvestments	1671000	USD
CY2015Q1	us-gaap	Impairment Of Investments ImpairmentOfInvestments	0	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	10490000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	9485000	USD
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1843000	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-5316000	USD
CY2014Q4	us-gaap	Income Tax Receivable IncomeTaxReceivable	175000	USD
CY2015Q1	us-gaap	Income Tax Receivable IncomeTaxReceivable	5786000	USD
CY2014Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	1399000	USD
CY2015Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	38000	USD
CY2014Q1	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	7279000	USD
CY2015Q1	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	38394000	USD
CY2014Q1	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-13682000	USD
CY2015Q1	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	3476000	USD
CY2014Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	34000	USD
CY2015Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	97000	USD
CY2014Q1	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	-4277000	USD
CY2015Q1	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	-14359000	USD
CY2014Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	55476000	USD
CY2015Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	63746000	USD
CY2014Q1	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	10384000	USD
CY2015Q1	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	10914000	USD
CY2014Q1	us-gaap	Interest And Fee Income Loans Consumer Real Estate InterestAndFeeIncomeLoansConsumerRealEstate	12658000	USD
CY2015Q1	us-gaap	Interest And Fee Income Loans Consumer Real Estate InterestAndFeeIncomeLoansConsumerRealEstate	25009000	USD
CY2014Q1	us-gaap	Interest Expense InterestExpense	19060000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	23961000	USD
CY2014Q1	us-gaap	Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities	8441000	USD
CY2015Q1	us-gaap	Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities	6202000	USD
CY2014Q1	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	6792000	USD
CY2015Q1	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	10535000	USD
CY2014Q1	us-gaap	Interest Expense Short Term Borrowings InterestExpenseShortTermBorrowings	3827000	USD
CY2015Q1	us-gaap	Interest Expense Short Term Borrowings InterestExpenseShortTermBorrowings	7224000	USD
CY2014Q1	us-gaap	Interest Income Deposits With Financial Institutions InterestIncomeDepositsWithFinancialInstitutions	3000	USD
CY2015Q1	us-gaap	Interest Income Deposits With Financial Institutions InterestIncomeDepositsWithFinancialInstitutions	48000	USD
CY2014Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	35132000	USD
CY2015Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	39579000	USD
CY2014Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	36416000	USD
CY2015Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	39785000	USD
CY2014Q1	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	32431000	USD
CY2015Q1	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	27775000	USD
CY2014Q1	us-gaap	Interest Paid InterestPaid	15386000	USD
CY2015Q1	us-gaap	Interest Paid InterestPaid	15032000	USD
CY2014Q4	us-gaap	Interest Payable Current InterestPayableCurrent	2000000	USD
CY2015Q1	us-gaap	Interest Payable Current InterestPayableCurrent	2000000	USD
CY2014Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	8503000	USD
CY2015Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	14319000	USD
CY2014Q4	us-gaap	Interest Receivable InterestReceivable	18222000	USD
CY2015Q1	us-gaap	Interest Receivable InterestReceivable	17970000	USD
CY2014Q4	us-gaap	Investments Investments	5753753000	USD
CY2015Q1	us-gaap	Investments Investments	5569484000	USD
CY2014Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	11853000	USD
CY2015Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	15884000	USD
CY2014Q4	us-gaap	Liabilities Liabilities	4662825000	USD
CY2015Q1	us-gaap	Liabilities Liabilities	4558809000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5918966000	USD
CY2015Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5816019000	USD
CY2014Q4	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2015Q1	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2015Q1	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	10000000	USD
CY2014Q4	us-gaap	Litigation Reserve LitigationReserve	2000000	USD
CY2015Q1	us-gaap	Litigation Reserve LitigationReserve	2000000	USD
CY2014Q4	us-gaap	Loans And Leases Receivable Net Reported Amount Commercial LoansAndLeasesReceivableNetReportedAmountCommercial	566927000	USD
CY2015Q1	us-gaap	Loans And Leases Receivable Net Reported Amount Commercial LoansAndLeasesReceivableNetReportedAmountCommercial	460342000	USD
CY2014Q4	us-gaap	Loans And Leases Receivable Net Reported Amount Consumer LoansAndLeasesReceivableNetReportedAmountConsumer	3398573000	USD
CY2015Q1	us-gaap	Loans And Leases Receivable Net Reported Amount Consumer LoansAndLeasesReceivableNetReportedAmountConsumer	3399755000	USD
CY2014Q4	us-gaap	Long Term Debt LongTermDebt	1194567000	USD
CY2015Q1	us-gaap	Long Term Debt LongTermDebt	1550869000	USD
CY2014Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	66707000	USD
CY2015Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	68707000	USD
CY2014Q4	us-gaap	Margin Deposit Assets MarginDepositAssets	65374000	USD
CY2015Q1	us-gaap	Margin Deposit Assets MarginDepositAssets	79760000	USD
CY2014Q4	us-gaap	Marketable Securities MarketableSecurities	1379230000	USD
CY2015Q1	us-gaap	Marketable Securities MarketableSecurities	1285243000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	348988000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-40947000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	29435000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	194112000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-401658000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-119075000	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	12333000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	14801000	USD
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	11631000	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	13979000	USD
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	11631000	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	13979000	USD
CY2014Q1	us-gaap	Noninterest Income NoninterestIncome	-4671000	USD
CY2015Q1	us-gaap	Noninterest Income NoninterestIncome	-5031000	USD
CY2015Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	Segment
CY2014Q1	us-gaap	Operating Expenses OperatingExpenses	19971000	USD
CY2015Q1	us-gaap	Operating Expenses OperatingExpenses	25063000	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	12346000	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	2833000	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	1189000	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	1827000	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	2879000	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	1495000	USD
CY2015Q1	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	2123000	USD
CY2014Q4	us-gaap	Other Assets OtherAssets	113896000	USD
CY2015Q1	us-gaap	Other Assets OtherAssets	182992000	USD
CY2014Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	3657000	USD
CY2015Q1	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	4062000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	19323000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	5053000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	11886000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-5048000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	-1298000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	1690000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-60000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-31000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-8795000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-8442000	USD
CY2014Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	1482000	USD
CY2015Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	3722000	USD
CY2014Q1	us-gaap	Other General Expense OtherGeneralExpense	552000	USD
CY2015Q1	us-gaap	Other General Expense OtherGeneralExpense	526000	USD
CY2014Q1	us-gaap	Other Income OtherIncome	0	USD
CY2015Q1	us-gaap	Other Income OtherIncome	809000	USD
CY2014Q4	us-gaap	Other Liabilities OtherLiabilities	52244000	USD
CY2015Q1	us-gaap	Other Liabilities OtherLiabilities	60135000	USD
CY2015Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	809000	USD
CY2014Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses	42000	USD
CY2015Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses	0	USD
CY2014Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment	71000	USD
CY2015Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment	0	USD
CY2013Q4	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	37149000	USD
CY2014Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	35786000	USD
CY2014Q4	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	33849000	USD
CY2015Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	32949000	USD
CY2014Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold	0	USD
CY2015Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold	95000	USD
CY2014Q1	us-gaap	Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest	1558000	USD
CY2014Q1	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet	113000	USD
CY2014Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	702000	USD
CY2015Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	822000	USD
CY2014Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Diluted ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted	702000	USD
CY2015Q1	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Diluted ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted	822000	USD
CY2014Q1	us-gaap	Payments For Proceeds From Derivative Instrument Financing Activities PaymentsForProceedsFromDerivativeInstrumentFinancingActivities	721000	USD
CY2015Q1	us-gaap	Payments For Proceeds From Derivative Instrument Financing Activities PaymentsForProceedsFromDerivativeInstrumentFinancingActivities	-658000	USD
CY2014Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	USD
CY2015Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	32000	USD
CY2014Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	23749000	USD
CY2015Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	24162000	USD
CY2014Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	905000	USD
CY2015Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	318000	USD
CY2014Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	74000000	USD
CY2015Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	10000000	USD
CY2014Q1	us-gaap	Payments To Acquire Loans And Leases Held For Investment PaymentsToAcquireLoansAndLeasesHeldForInvestment	32998000	USD
CY2015Q1	us-gaap	Payments To Acquire Loans And Leases Held For Investment PaymentsToAcquireLoansAndLeasesHeldForInvestment	7600000	USD
CY2014Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	49709000	USD
CY2015Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	15613000	USD
CY2014Q1	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	928000	USD
CY2015Q1	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	5173000	USD
CY2015Q1	us-gaap	Payments To Acquire Trading Securities Heldforinvestment PaymentsToAcquireTradingSecuritiesHeldforinvestment	23000000	USD
CY2014Q1	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	1181488000	USD
CY2015Q1	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	2558425000	USD
CY2014Q4	us-gaap	Pledged Assets Separately Reported Other Assets Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedOtherAssetsPledgedAsCollateralAtFairValue	9927000	USD
CY2015Q1	us-gaap	Pledged Assets Separately Reported Other Assets Pledged As Collateral At Fair Value PledgedAssetsSeparatelyReportedOtherAssetsPledgedAsCollateralAtFairValue	10265000	USD
CY2014Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	3372000	USD
CY2015Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	2816000	USD
CY2014Q1	us-gaap	Proceeds From Collection Of Loans Held For Sale ProceedsFromCollectionOfLoansHeldForSale	7014000	USD
CY2015Q1	us-gaap	Proceeds From Collection Of Loans Held For Sale ProceedsFromCollectionOfLoansHeldForSale	14394000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	122000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	134000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	36782000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	354932000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	0	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	420000	USD
CY2014Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	70800000	USD
CY2015Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	101754000	USD
CY2014Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	0	USD
CY2015Q1	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	77293000	USD
CY2014Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	0	USD
CY2015Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	91000000	USD
CY2014Q1	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	785380000	USD
CY2015Q1	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	2455452000	USD
CY2014Q1	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	0	USD
CY2015Q1	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	17235000	USD
CY2015Q1	us-gaap	Proceeds From Sale Of Trading Securities Heldforinvestment ProceedsFromSaleOfTradingSecuritiesHeldforinvestment	3000000	USD
CY2014Q1	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	920955000	USD
CY2015Q1	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	1641380000	USD
CY2014Q1	us-gaap	Professional Fees ProfessionalFees	1633000	USD
CY2015Q1	us-gaap	Professional Fees ProfessionalFees	1577000	USD
CY2015Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	6000000	USD
CY2014Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3008000	USD
CY2015Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	3868000	USD
CY2014Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	1284000	USD
CY2015Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	206000	USD
CY2014Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	4391000	USD
CY2015Q1	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	5305000	USD
CY2015Q1	us-gaap	Real Estate Acquisitions Through Foreclosures RealEstateAcquisitionsThroughForeclosures	3000000	USD
CY2015Q1	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	1000000	USD
CY2014Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	1092000	USD
CY2015Q1	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	4306000	USD
CY2014Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	17000	USD
CY2015Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	USD
CY2014Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	88523000	USD
CY2015Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	80918000	USD
CY2014Q1	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	494956000	USD
CY2015Q1	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	1933041000	USD
CY2014Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	628000	USD
CY2015Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	725000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	906867000	USD
CY2015Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	931396000	USD
CY2015Q1	us-gaap	Sec Schedule Iii Real Estate Writedown Or Reserve Amount SECScheduleIIIRealEstateWritedownOrReserveAmount	2000000	USD
CY2014Q4	us-gaap	Secured Debt SecuredDebt	1545119000	USD
CY2015Q1	us-gaap	Secured Debt SecuredDebt	1353021000	USD
CY2014Q4	us-gaap	Servicing Asset ServicingAsset	13667930000	USD
CY2015Q1	us-gaap	Servicing Asset ServicingAsset	12652638000	USD
CY2014Q1	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	2294000	USD
CY2015Q1	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	15675000	USD
CY2014Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	139293000	USD
CY2015Q1	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	120324000	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3872000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2692000	USD
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	2225245	shares
CY2015Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	1914207	shares
CY2014Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	1793825000	USD
CY2015Q1	us-gaap	Short Term Borrowings ShortTermBorrowings	1502164000	USD
CY2014Q4	us-gaap	Short Term Debt Weighted Average Interest Rate ShortTermDebtWeightedAverageInterestRate	0.0173
CY2015Q1	us-gaap	Short Term Debt Weighted Average Interest Rate ShortTermDebtWeightedAverageInterestRate	0.0174
CY2014Q1	us-gaap	Shortterm Debt Average Outstanding Amount ShorttermDebtAverageOutstandingAmount	1010000000	USD
CY2015Q1	us-gaap	Shortterm Debt Average Outstanding Amount ShorttermDebtAverageOutstandingAmount	1590000000	USD
CY2014Q1	us-gaap	Stock Issued During Period Value Employee Stock Ownership Plan StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan	-783000	USD
CY2015Q1	us-gaap	Stock Issued During Period Value Employee Stock Ownership Plan StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan	-183000	USD
CY2007Q4	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	5000000	shares
CY2015Q1	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	4005985	shares
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1245783000	USD
CY2014Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1250887000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1256141000	USD
CY2015Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1257210000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1	1265869000	USD
CY2014Q4	us-gaap	Trading Securities TradingSecurities	111606000	USD
CY2015Q1	us-gaap	Trading Securities TradingSecurities	106837000	USD
CY2014Q1	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	135000	USD
CY2015Q1	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	3166000	USD
CY2014Q1	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	37631000	USD
CY2015Q1	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	447840000	USD
CY2014Q1	us-gaap	Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds	0	USD
CY2015Q1	us-gaap	Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds	6282000	USD
CY2015Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0	shares
CY2014Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Liabilities VariableInterestEntityConsolidatedCarryingAmountLiabilities	1546490000	USD
CY2014Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	1900208000	USD
CY2015Q1	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	1716563000	USD
CY2015Q1	us-gaap	Variable Interest Entity Consolidated Carrying Amount Liabilities VariableInterestEntityConsolidatedCarryingAmountLiabilities	1354298000	USD
CY2014Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2529978	shares
CY2015Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2261904	shares
CY2014Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	84940540	shares
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	85622216	shares
CY2014Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82410562	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	83360312	shares
CY2015Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization</font></div><div style="line-height:120%;padding-top:10px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redwood Trust, Inc., together with its subsidiaries, focuses on investing in mortgage- and other real estate-related assets and engaging in residential and commercial mortgage banking activities. We seek to invest in real estate-related assets that have the potential to generate attractive cash flow returns over time and to generate income through our residential and commercial mortgage banking activities. We operate our business in </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> segments: residential mortgage banking, residential investments, and commercial mortgage banking and investments. Redwood was incorporated in the State of Maryland on April 11, 1994, and commenced operations on August 19, 1994. References herein to “Redwood,” the “company,” “we,” “us,” and “our” include Redwood Trust, Inc. and its consolidated subsidiaries, unless the context otherwise requires. </font></div><div style="line-height:120%;padding-top:10px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redwood Trust, Inc. has elected to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”), beginning with its taxable year ended December 31, 1994. To qualify as a REIT, we must distribute at least </font><font style="font-family:inherit;font-size:10pt;">90%</font><font style="font-family:inherit;font-size:10pt;"> of our annual REIT taxable income to shareholders (not including taxable income retained in our taxable subsidiaries) within the time frame set forth in the tax code and also meet certain other requirements related to assets, income, and stock ownership. We generally refer, collectively, to Redwood Trust, Inc. and those of its subsidiaries that are not subject to subsidiary-level corporate income tax as “the REIT” or “our REIT.” We generally refer to subsidiaries of Redwood Trust, Inc. that are subject to subsidiary-level corporate income tax as “our operating subsidiaries” or “our taxable REIT subsidiaries” or “TRS.” We generally intend to distribute as dividends at least </font><font style="font-family:inherit;font-size:10pt;">90%</font><font style="font-family:inherit;font-size:10pt;"> of the taxable income we generate at our REIT. </font></div><div style="line-height:120%;padding-top:10px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We sponsor our Sequoia securitization program, which we use for the securitization of residential mortgage loans. References to Sequoia with respect to any time or period generally refer collectively to all the then consolidated Sequoia securitization entities for the periods presented. We have also engaged in securitization transactions in order to obtain financing for certain of our securities and commercial loans.</font></div></div>
CY2015Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates </font></div><div style="line-height:120%;padding-top:10px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements requires us to make a number of significant estimates. These include estimates of fair value of certain assets and liabilities, amounts and timing of credit losses, prepayment rates, and other estimates that affect the reported amounts of certain assets and liabilities as of the date of the consolidated financial statements and the reported amounts of certain revenues and expenses during the reported periods. It is likely that changes in these estimates (e.g., valuation changes due to supply and demand, credit performance, prepayments, interest rates, or other reasons) will occur in the near term. Our estimates are inherently subjective in nature and actual results could differ from our estimates and the differences could be material.</font></div></div>

Files In Submission

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$RWT
REDWOOD TRUST INC Stock $rwt

2015 Q1 Form 10-Q Financial Statement

#000093023615000009 Filed on May 07, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RWT REDWOOD TRUST INC Stock $rwt

2015 Q1 Form 10-Q Financial Statement

#000093023615000009 Filed on May 07, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RWT
REDWOOD TRUST INC Stock $rwt