2024 Q1 Form 10-K Financial Statement
#000093023624000009 Filed on February 29, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $214.0M | $203.0M | $724.5M |
YoY Change | 19.88% | 17.11% | 2.35% |
Cost Of Revenue | $185.0M | $174.0M | $647.0M |
YoY Change | 18.9% | 12.72% | 15.46% |
Gross Profit | $29.00M | $29.00M | $115.0M |
YoY Change | 26.49% | 52.81% | -22.04% |
Gross Profit Margin | 13.55% | 14.29% | 15.87% |
Selling, General & Admin | $35.00M | $32.00M | $128.0M |
YoY Change | 4.86% | -39.24% | -0.8% |
% of Gross Profit | 120.69% | 110.34% | 111.3% |
Research & Development | $3.201M | $12.45M | |
YoY Change | 2.86% | -12.25% | |
% of Gross Profit | 11.04% | 10.83% | |
Depreciation & Amortization | $3.469M | $3.772M | $14.85M |
YoY Change | -5.43% | -0.92% | -6.71% |
% of Gross Profit | 11.96% | 13.01% | 12.92% |
Operating Expenses | $18.00M | $19.00M | $166.3M |
YoY Change | -59.13% | -62.05% | -5.64% |
Operating Profit | $11.00M | $10.00M | -$51.27M |
YoY Change | -152.11% | -132.17% | 78.57% |
Interest Expense | $22.00M | $15.00M | $631.5M |
YoY Change | -85.53% | -171.37% | 14.32% |
% of Operating Profit | 200.0% | 150.0% | |
Other Income/Expense, Net | $3.361M | $16.24M | |
YoY Change | -8.77% | 4.16% | |
Pretax Income | $31.00M | $22.00M | -$639.0K |
YoY Change | 786.47% | -141.13% | -99.65% |
Income Tax | $1.000M | $1.000M | $1.635M |
% Of Pretax Income | 3.23% | 4.55% | |
Net Earnings | $30.00M | $19.00M | -$2.274M |
YoY Change | 549.35% | -142.27% | -98.61% |
Net Earnings / Revenue | 14.02% | 9.36% | -0.31% |
Basic Earnings Per Share | $0.21 | -$0.11 | |
Diluted Earnings Per Share | $0.23 | $0.16 | -$0.11 |
COMMON SHARES | |||
Basic Shares Outstanding | 131.6M shares | 118.6M shares | 116.3M shares |
Diluted Shares Outstanding | 131.6M shares | 116.3M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $275.0M | $420.8M | $293.0M |
YoY Change | -57.52% | -15.75% | 13.17% |
Cash & Equivalents | $275.0M | $293.0M | $293.0M |
Short-Term Investments | $212.3M | $127.8M | |
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $275.0M | $293.0M | $293.0M |
YoY Change | -48.24% | -21.58% | -21.58% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $7.225M | $7.829M | $20.36M |
YoY Change | -22.24% | -37.94% | -29.28% |
Goodwill | $23.37M | $23.37M | |
YoY Change | 0.0% | 0.0% | |
Intangibles | $25.66M | $28.46M | |
YoY Change | -32.1% | -30.4% | |
Long-Term Investments | $1.110B | $1.022B | $1.022B |
YoY Change | 6.54% | -1.24% | -1.24% |
Other Assets | $105.1M | $115.8M | $115.8M |
YoY Change | -17.86% | 3.02% | 3.02% |
Total Long-Term Assets | $14.78B | $14.21B | $14.21B |
YoY Change | 17.42% | 12.28% | 12.28% |
TOTAL ASSETS | |||
Total Short-Term Assets | $275.0M | $293.0M | $293.0M |
Total Long-Term Assets | $14.78B | $14.21B | $14.21B |
Total Assets | $15.06B | $14.50B | $14.50B |
YoY Change | 14.76% | 11.31% | 11.3% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.481M | $4.992M | $4.992M |
YoY Change | 41.71% | 17.9% | 17.9% |
Accrued Expenses | $189.2M | $182.3M | $182.3M |
YoY Change | 34.21% | 24.28% | 24.28% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.251B | $1.558B | $1.558B |
YoY Change | -22.61% | -23.23% | -23.24% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.251B | $1.558B | $1.558B |
YoY Change | -29.0% | -28.55% | -28.55% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $12.34B | $11.49B | $11.49B |
YoY Change | 21.17% | 18.24% | 18.24% |
Other Long-Term Liabilities | $248.0M | $250.0M | $250.0M |
YoY Change | 498.74% | 442.04% | 442.04% |
Total Long-Term Liabilities | $12.58B | $11.74B | $11.74B |
YoY Change | 23.1% | 20.24% | 20.24% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.251B | $1.558B | $1.558B |
Total Long-Term Liabilities | $12.58B | $11.74B | $11.74B |
Total Liabilities | $13.83B | $13.30B | $13.30B |
YoY Change | 15.44% | 11.34% | 11.33% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $1.173B | $1.144B | |
YoY Change | 1.41% | -0.78% | |
Common Stock | $2.495B | $2.489B | |
YoY Change | 5.89% | 5.88% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.224B | $1.203B | $1.203B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $15.06B | $14.50B | $14.50B |
YoY Change | 14.76% | 11.31% | 11.3% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $30.00M | $19.00M | -$2.274M |
YoY Change | 549.35% | -142.27% | -98.61% |
Depreciation, Depletion And Amortization | $3.469M | $3.772M | $14.85M |
YoY Change | -5.43% | -0.92% | -6.71% |
Cash From Operating Activities | -$954.2M | -$1.148B | -$2.016B |
YoY Change | -1035.38% | 11729.05% | 1348.77% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | $0.00 | ||
YoY Change | -100.0% | ||
Other Investing Activities | $1.728M | $269.5M | $5.006M |
YoY Change | 210.23% | 499.83% | 13.75% |
Cash From Investing Activities | $350.3M | $269.5M | $908.7M |
YoY Change | 216.35% | 499.83% | 324.86% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | -$124.5M | ||
YoY Change | 978.72% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $575.5M | 987.9M | $1.147B |
YoY Change | -1214.93% | -1418.26% | -514.11% |
NET CHANGE | |||
Cash From Operating Activities | -$954.2M | -1.148B | -$2.016B |
Cash From Investing Activities | $350.3M | 269.5M | $908.7M |
Cash From Financing Activities | $575.5M | 987.9M | $1.147B |
Net Change In Cash | -$28.40M | 109.1M | $39.42M |
YoY Change | -117.63% | -374.56% | -119.51% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$954.2M | -$1.148B | -$2.016B |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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InterestIncomeSecuritiesMortgageBacked
|
54704000 | usd |
CY2023 | us-gaap |
Interest Income Other
InterestIncomeOther
|
48040000 | usd |
CY2022 | us-gaap |
Interest Income Other
InterestIncomeOther
|
38225000 | usd |
CY2021 | us-gaap |
Interest Income Other
InterestIncomeOther
|
25364000 | usd |
CY2023 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
724462000 | usd |
CY2022 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
707854000 | usd |
CY2021 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
574926000 | usd |
CY2023 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
116361000 | usd |
CY2022 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
84343000 | usd |
CY2021 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
42581000 | usd |
CY2023 | us-gaap |
Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
|
371761000 | usd |
CY2022 | us-gaap |
Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
|
370219000 | usd |
CY2021 | us-gaap |
Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
|
305801000 | usd |
CY2023 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
143397000 | usd |
CY2022 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
97838000 | usd |
CY2021 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
78367000 | usd |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
631519000 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
552400000 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
426749000 | usd |
CY2023 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
92943000 | usd |
CY2022 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
155454000 | usd |
CY2021 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
148177000 | usd |
CY2023 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
67386000 | usd |
CY2022 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
-13659000 | usd |
CY2021 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
235744000 | usd |
CY2023 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-44400000 | usd |
CY2022 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-178272000 | usd |
CY2021 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
114624000 | usd |
CY2023 | rwt |
Home Equity Investments Income Net
HomeEquityInvestmentsIncomeNet
|
35117000 | usd |
CY2022 | rwt |
Home Equity Investments Income Net
HomeEquityInvestmentsIncomeNet
|
2714000 | usd |
CY2021 | rwt |
Home Equity Investments Income Net
HomeEquityInvestmentsIncomeNet
|
13425000 | usd |
CY2023 | us-gaap |
Other Income
OtherIncome
|
12886000 | usd |
CY2022 | us-gaap |
Other Income
OtherIncome
|
21204000 | usd |
CY2021 | us-gaap |
Other Income
OtherIncome
|
12018000 | usd |
CY2023 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
1699000 | usd |
CY2022 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
5334000 | usd |
CY2021 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
17993000 | usd |
CY2023 | us-gaap |
Noninterest Income
NoninterestIncome
|
72688000 | usd |
CY2022 | us-gaap |
Noninterest Income
NoninterestIncome
|
-162679000 | usd |
CY2021 | us-gaap |
Noninterest Income
NoninterestIncome
|
393804000 | usd |
CY2023 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
128295000 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
140908000 | usd |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
165218000 | usd |
CY2022 | rwt |
Portfolio Management Fees
PortfolioManagementFees
|
7951000 | usd |
CY2021 | rwt |
Portfolio Management Fees
PortfolioManagementFees
|
5758000 | usd |
CY2021 | rwt |
Loan Acquisition Costs
LoanAcquisitionCosts
|
16219000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1635000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2274000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-163520000 | usd |
CY2023 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
6684000 | usd |
CY2022 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | usd |
CY2021 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | usd |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-8958000 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-163520000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
319613000 | usd |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.43 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.73 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.11 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.43 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.37 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116283328 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
117227846 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
113230190 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
116283328 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
117227846 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
142070301 | shares |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2274000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-163520000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
319613000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
6230000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-64704000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
8016000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-554000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-636000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
16849000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
-4127000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
-4127000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
-4127000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
10911000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-59941000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-4706000 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
8637000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-223461000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
314907000 | usd |
CY2023 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
6684000 | usd |
CY2022 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | usd |
CY2021 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1953000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-223461000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
314907000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1083985000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2274000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
10911000 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
123877000 | usd |
CY2023 | rwt |
Stock Issued During Period Value Employee Stock Purchase Plans And Other Incentive Plans
StockIssuedDuringPeriodValueEmployeeStockPurchasePlansAndOtherIncentivePlans
|
-4756000 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
19062000 | usd |
CY2023 | us-gaap |
Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
|
66948000 | usd |
CY2023 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
2.47917 | |
CY2023 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
6684000 | usd |
CY2023 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.71 | |
CY2023 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
88376000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1202693000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1386087000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-163520000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-59941000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
67476000 | usd |
CY2022 | rwt |
Stock Issued During Period Value Employee Stock Purchase Plans And Other Incentive Plans
StockIssuedDuringPeriodValueEmployeeStockPurchasePlansAndOtherIncentivePlans
|
-1888000 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
23940000 | usd |
CY2022 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
56496000 | usd |
CY2022 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.92 | |
CY2022 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
111673000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1083985000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1110899000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
319613000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-4706000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
34708000 | usd |
CY2021 | rwt |
Stock Issued During Period Value Employee Stock Purchase Plans And Other Incentive Plans
StockIssuedDuringPeriodValueEmployeeStockPurchasePlansAndOtherIncentivePlans
|
-1657000 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
18902000 | usd |
CY2021 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.78 | |
CY2021 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
91672000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1386087000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2274000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-163520000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
319613000 | usd |
CY2023 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-17914000 | usd |
CY2022 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-6254000 | usd |
CY2021 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
9789000 | usd |
CY2023 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
14854000 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
15922000 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
16784000 | usd |
CY2023 | us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
774633000 | usd |
CY2022 | us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
1077262000 | usd |
CY2021 | us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
1258115000 | usd |
CY2023 | us-gaap |
Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
|
2046299000 | usd |
CY2022 | us-gaap |
Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
|
3841952000 | usd |
CY2021 | us-gaap |
Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
|
13188434000 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
781386000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
4316792000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
8639769000 | usd |
CY2023 | us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
52097000 | usd |
CY2022 | us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
196464000 | usd |
CY2021 | us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
84244000 | usd |
CY2023 | rwt |
Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
|
11071000 | usd |
CY2022 | rwt |
Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
|
198963000 | usd |
CY2021 | rwt |
Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
|
44755000 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
19062000 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
23940000 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
18902000 | usd |
CY2023 | rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
35814000 | usd |
CY2022 | rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
-227186000 | usd |
CY2021 | rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
321433000 | usd |
CY2023 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
1699000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
5334000 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
17993000 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
41156000 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-42585000 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
64835000 | usd |
CY2023 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
-10334000 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
-79178000 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
41967000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2015825000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-139140000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5694565000 | usd |
CY2023 | rwt |
Payments For Origination Of Loans Held For Investment
PaymentsForOriginationOfLoansHeldForInvestment
|
806894000 | usd |
CY2022 | rwt |
Payments For Origination Of Loans Held For Investment
PaymentsForOriginationOfLoansHeldForInvestment
|
1638554000 | usd |
CY2021 | rwt |
Payments For Origination Of Loans Held For Investment
PaymentsForOriginationOfLoansHeldForInvestment
|
894908000 | usd |
CY2023 | us-gaap |
Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
|
0 | usd |
CY2022 | us-gaap |
Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
|
22006000 | usd |
CY2021 | us-gaap |
Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
|
65315000 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
|
45663000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
|
2280000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
|
9484000 | usd |
CY2023 | us-gaap |
Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
|
1549092000 | usd |
CY2022 | us-gaap |
Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
|
2002630000 | usd |
CY2021 | us-gaap |
Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
|
2601416000 | usd |
CY2023 | rwt |
Payments To Acquire Real Estate Securities
PaymentsToAcquireRealEstateSecurities
|
9855000 | usd |
CY2022 | rwt |
Payments To Acquire Real Estate Securities
PaymentsToAcquireRealEstateSecurities
|
15006000 | usd |
CY2021 | rwt |
Payments To Acquire Real Estate Securities
PaymentsToAcquireRealEstateSecurities
|
68643000 | usd |
CY2023 | us-gaap |
Proceeds From Collection Of Retained Interest In Securitized Receivables
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Collection Of Retained Interest In Securitized Receivables
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Collection Of Retained Interest In Securitized Receivables
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
8197000 | usd |
CY2023 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
143914000 | usd |
CY2022 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
31729000 | usd |
CY2021 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
39652000 | usd |
CY2023 | rwt |
Proceeds From Principal Repayments On Securities
ProceedsFromPrincipalRepaymentsOnSecurities
|
1122000 | usd |
CY2022 | rwt |
Proceeds From Principal Repayments On Securities
ProceedsFromPrincipalRepaymentsOnSecurities
|
32735000 | usd |
CY2021 | rwt |
Proceeds From Principal Repayments On Securities
ProceedsFromPrincipalRepaymentsOnSecurities
|
60667000 | usd |
CY2023 | rwt |
Payments For Servicing Advance Investments
PaymentsForServicingAdvanceInvestments
|
0 | usd |
CY2022 | rwt |
Payments For Servicing Advance Investments
PaymentsForServicingAdvanceInvestments
|
0 | usd |
CY2021 | rwt |
Payments For Servicing Advance Investments
PaymentsForServicingAdvanceInvestments
|
196583000 | usd |
CY2023 | rwt |
Repayments Of Servicing Advance Investments
RepaymentsOfServicingAdvanceInvestments
|
55777000 | usd |
CY2022 | rwt |
Repayments Of Servicing Advance Investments
RepaymentsOfServicingAdvanceInvestments
|
70589000 | usd |
CY2021 | rwt |
Repayments Of Servicing Advance Investments
RepaymentsOfServicingAdvanceInvestments
|
76223000 | usd |
CY2023 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | usd |
CY2022 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
40636000 | usd |
CY2021 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | usd |
CY2023 | rwt |
Payments To Acquire Home Equity Investment Contracts
PaymentsToAcquireHomeEquityInvestmentContracts
|
108054000 | usd |
CY2022 | rwt |
Payments To Acquire Home Equity Investment Contracts
PaymentsToAcquireHomeEquityInvestmentContracts
|
248218000 | usd |
CY2021 | rwt |
Payments To Acquire Home Equity Investment Contracts
PaymentsToAcquireHomeEquityInvestmentContracts
|
133547000 | usd |
CY2023 | rwt |
Proceeds From Payments For Home Equity Contracts Net
ProceedsFromPaymentsForHomeEquityContractsNet
|
42961000 | usd |
CY2022 | rwt |
Proceeds From Payments For Home Equity Contracts Net
ProceedsFromPaymentsForHomeEquityContractsNet
|
42744000 | usd |
CY2021 | rwt |
Proceeds From Payments For Home Equity Contracts Net
ProceedsFromPaymentsForHomeEquityContractsNet
|
0 | usd |
CY2023 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
5006000 | usd |
CY2022 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
4401000 | usd |
CY2021 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
32547000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
908720000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
213886000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1404096000 | usd |
CY2023 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
2958179000 | usd |
CY2022 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
4842446000 | usd |
CY2023 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
3329242000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
4472071000 | usd |
CY2022 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1453511000 | usd |
CY2021 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1989762000 | usd |
CY2023 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
746989000 | usd |
CY2022 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
2154135000 | usd |
CY2021 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
1455383000 | usd |
CY2023 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
3166000 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
21115000 | usd |
CY2023 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
904630000 | usd |
CY2022 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
1148064000 | usd |
CY2021 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
1421662000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
21944000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | usd |
CY2023 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2022 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
56496000 | usd |
CY2021 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2023 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5353000 | usd |
CY2022 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2447000 | usd |
CY2021 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2267000 | usd |
CY2023 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
88376000 | usd |
CY2022 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
111673000 | usd |
CY2021 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
91672000 | usd |
CY2023 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
5199000 | usd |
CY2022 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
0 | usd |
CY2021 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
0 | usd |
CY2023 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-6900000 | usd |
CY2022 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-4799000 | usd |
CY2021 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
7004000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1146529000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-276866000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4277503000 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
39424000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-202120000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-12966000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
329364000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
531484000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
544450000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
368788000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
329364000 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
603316000 | usd |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
43144000 | usd |
CY2023Q4 | us-gaap |
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds
TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds
|
0 | usd |
CY2022Q4 | us-gaap |
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds
TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds
|
0 | usd |
CY2021Q4 | us-gaap |
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds
TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds
|
9375000 | usd |
CY2023 | us-gaap |
Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
|
0 | usd |
CY2022 | us-gaap |
Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
|
4543000 | usd |
CY2021 | us-gaap |
Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
|
7065000 | usd |
CY2023 | rwt |
Dividends Declared But Not Paid On Preferred Stock
DividendsDeclaredButNotPaidOnPreferredStock
|
1478000 | usd |
CY2022 | rwt |
Dividends Declared But Not Paid On Preferred Stock
DividendsDeclaredButNotPaidOnPreferredStock
|
0 | usd |
CY2021 | rwt |
Dividends Declared But Not Paid On Preferred Stock
DividendsDeclaredButNotPaidOnPreferredStock
|
0 | usd |
CY2023 | us-gaap |
Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
|
2789507000 | usd |
CY2022 | us-gaap |
Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
|
2949262000 | usd |
CY2021 | us-gaap |
Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
|
5026723000 | usd |
CY2023 | us-gaap |
Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
|
27958000 | usd |
CY2022 | us-gaap |
Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
|
0 | usd |
CY2021 | us-gaap |
Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
|
92400000 | usd |
CY2023 | us-gaap |
Transfer To Other Real Estate
TransferToOtherRealEstate
|
100280000 | usd |
CY2022 | us-gaap |
Transfer To Other Real Estate
TransferToOtherRealEstate
|
8494000 | usd |
CY2021 | us-gaap |
Transfer To Other Real Estate
TransferToOtherRealEstate
|
40038000 | usd |
CY2023 | us-gaap |
Stock Issued1
StockIssued1
|
0 | usd |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
0 | usd |
CY2021 | us-gaap |
Stock Issued1
StockIssued1
|
13375000 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
478000 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
6977000 | usd |
CY2023 | rwt |
Operating Lease Liability Reduction From Lease Modification
OperatingLeaseLiabilityReductionFromLeaseModification
|
274000 | usd |
CY2022 | rwt |
Operating Lease Liability Reduction From Lease Modification
OperatingLeaseLiabilityReductionFromLeaseModification
|
0 | usd |
CY2021 | rwt |
Operating Lease Liability Reduction From Lease Modification
OperatingLeaseLiabilityReductionFromLeaseModification
|
0 | usd |
CY2023 | rwt |
Short Term Debt Transferred To Long Term Debt
ShortTermDebtTransferredToLongTermDebt
|
325176000 | usd |
CY2022 | rwt |
Short Term Debt Transferred To Long Term Debt
ShortTermDebtTransferredToLongTermDebt
|
908627000 | usd |
CY2021 | rwt |
Short Term Debt Transferred To Long Term Debt
ShortTermDebtTransferredToLongTermDebt
|
93150000 | usd |
CY2023 | rwt |
Long Term Debt Transferred To Short Term Debt
LongTermDebtTransferredToShortTermDebt
|
427021000 | usd |
CY2022 | rwt |
Long Term Debt Transferred To Short Term Debt
LongTermDebtTransferredToShortTermDebt
|
0 | usd |
CY2021 | rwt |
Long Term Debt Transferred To Short Term Debt
LongTermDebtTransferredToShortTermDebt
|
0 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
293000000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
76000000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
259000000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
70000000 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
450000000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
81000000 | usd |
CY2023 | us-gaap |
Nature Of Operations
NatureOfOperations
|
Organization<div style="margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">Redwood Trust, Inc., together with its subsidiaries, is a specialty finance company focused on several distinct areas of housing credit, with a mission to help make quality housing, whether rented or owned, accessible to all American households. Our operating platforms occupy a unique position in the housing finance value chain, providing liquidity to growing segments of the U.S. housing market not well served by government programs. We deliver customized housing credit investments to a diverse mix of investors through our best-in-class securitization platforms, whole-loan distribution activities and our publicly-traded securities. Our aggregation, origination and investment activities have evolved to incorporate a diverse mix of residential consumer and residential investor housing credit assets. Our goal is to provide attractive returns to shareholders through a stable and growing stream of earnings and dividends, capital appreciation, and a commitment to technological innovation that facilitates risk-minded scale. We operate our business in three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our primary sources of income are net interest income from our investments and non-interest income from our mortgage banking activities. Net interest income primarily consists of the interest income we earn on investments less the interest expense we incur on borrowed funds and other liabilities. Income from mortgage banking activities is generated through the origination and acquisition of loans, and their subsequent sale, securitization, or transfer to our investment portfolios. </span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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. We generally refer, collectively, to Redwood Trust, Inc. and those of its subsidiaries that are generally 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 taxable REIT subsidiaries” or “TRS.” </span></div><div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Redwood Trust, Inc. was incorporated in the State of Maryland on April 11, 1994, and commenced operations on August 19, 1994. On October 15, 2019, Redwood acquired CoreVest American Finance Lender, LLC and certain affiliated entities ("CoreVest"), at which time CoreVest became wholly owned by Redwood. On July 1, 2022, Redwood acquired Riverbend Funding, LLC ("Riverbend"), at which time Riverbend became wholly owned by Redwood. The operations of Riverbend were combined with those of CoreVest under the CoreVest brand. References herein to “Redwood,” the “company,” “we,” “us,” and “our” include Redwood Trust, Inc. and its consolidated subsidiaries, unless the context otherwise requires. In statements regarding qualification as a REIT, such terms refer solely to Redwood Trust, Inc. Refer to Item 1 - </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Business</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> in this Annual Report on Form 10-K for additional information on our business.</span></div> | |
CY2023 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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, valuation allowances, 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.</span></div> | |
CY2023Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
|
472852000 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
12000000 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
14000000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
9412000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
8426000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
6694000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
1571000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
2359000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
28462000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
23373000 | usd |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
0 | usd |
CY2023 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
0 | usd |
CY2022 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
23373000 | usd |
CY2023 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
23373000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
23373000 | usd |
rwt |
Risk Sharing Arrangement Term
RiskSharingArrangementTerm
|
P10Y | ||
rwt |
Risk Sharing Arrangement Term
RiskSharingArrangementTerm
|
P10Y | ||
CY2023Q4 | rwt |
Special Purpose Entities Assets
SpecialPurposeEntitiesAssets
|
28000000 | usd |
CY2022Q4 | rwt |
Special Purpose Entities Assets
SpecialPurposeEntitiesAssets
|
30000000 | usd |
CY2023Q4 | rwt |
Special Purpose Entities Liabilities
SpecialPurposeEntitiesLiabilities
|
6000000 | usd |
CY2022Q4 | rwt |
Special Purpose Entities Liabilities
SpecialPurposeEntitiesLiabilities
|
6000000 | usd |
CY2023Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
|
28878000 | usd |
CY2021 | rwt |
Employee Stock Purchase Plan Minimum Percentage Of Common Stock Fair Value Defined To Purchase Shares By Eligible Participants
EmployeeStockPurchasePlanMinimumPercentageOfCommonStockFairValueDefinedToPurchaseSharesByEligibleParticipants
|
0.85 | |
CY2023 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
1 | |
CY2023 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
2000000 | usd |
CY2022 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
2000000 | usd |
CY2021 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
1000000 | usd |
CY2023Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
|
502314000 | usd |
CY2023Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
|
0 | usd |
CY2023Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
|
502314000 | usd |
CY2023Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
|
584000 | usd |
CY2022Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
|
241536000 | usd |
CY2022Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
|
0 | usd |
CY2022Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
|
241536000 | usd |
CY2022Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Securities
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimSecurities
|
226625000 | usd |
CY2022Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
|
4518000 | usd |
CY2022Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
|
10393000 | usd |
CY2021Q3 | rwt |
Number Of Securitization Transactions Co Sponsored
NumberOfSecuritizationTransactionsCoSponsored
|
2 | transaction |
CY2023Q4 | rwt |
Number Of Securitization Transactions Co Sponsored
NumberOfSecuritizationTransactionsCoSponsored
|
2 | transaction |
CY2023 | rwt |
Increase Decreasein Fair Value Adjustmentson Assets
IncreaseDecreaseinFairValueAdjustmentsonAssets
|
46197000 | usd |
CY2022 | rwt |
Increase Decreasein Fair Value Adjustmentson Assets
IncreaseDecreaseinFairValueAdjustmentsonAssets
|
-58648000 | usd |
CY2021 | rwt |
Increase Decreasein Fair Value Adjustmentson Assets
IncreaseDecreaseinFairValueAdjustmentsonAssets
|
196566000 | usd |
CY2023 | rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
35814000 | usd |
CY2022 | rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
-227186000 | usd |
CY2021 | rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
321433000 | usd |
CY2023Q4 | us-gaap |
Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
|
912000000 | usd |
CY2023Q4 | us-gaap |
Trading Securities
TradingSecurities
|
40424000 | usd |
CY2022Q4 | us-gaap |
Trading Securities
TradingSecurities
|
108329000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
87373000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
132146000 | usd |
CY2023Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
127797000 | usd |
CY2022Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
240475000 | usd |
CY2023Q4 | us-gaap |
Trading Securities
TradingSecurities
|
40424000 | usd |
CY2022Q4 | us-gaap |
Trading Securities
TradingSecurities
|
108329000 | usd |
CY2023Q4 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
16567000 | usd |
CY2022Q4 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
215592000 | usd |
CY2023 | us-gaap |
Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
7883000 | usd |
CY2022 | us-gaap |
Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
5006000 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
88073000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
31729000 | usd |
CY2023 | us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
12694000 | usd |
CY2022 | us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
-34222000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
87373000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
132146000 | usd |
CY2023 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
1979000 | usd |
CY2022 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
10000000 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
55842000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
0 | usd |
CY2023 | rwt |
Debt Securities Available For Sale Principal Balance Of Securities Called
DebtSecuritiesAvailableForSalePrincipalBalanceOfSecuritiesCalled
|
0 | usd |
CY2022 | rwt |
Debt Securities Available For Sale Principal Balance Of Securities Called
DebtSecuritiesAvailableForSalePrincipalBalanceOfSecuritiesCalled
|
20267000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
6230000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-64704000 | usd |
CY2023Q4 | rwt |
Debt Securities Available For Sale Principal Balance
DebtSecuritiesAvailableForSalePrincipalBalance
|
149956000 | usd |
CY2022Q4 | rwt |
Debt Securities Available For Sale Principal Balance
DebtSecuritiesAvailableForSalePrincipalBalance
|
221933000 | usd |
CY2023Q4 | rwt |
Debt Securities Available For Sale Credit Reserve
DebtSecuritiesAvailableForSaleCreditReserve
|
23436000 | usd |
CY2022Q4 | rwt |
Debt Securities Available For Sale Credit Reserve
DebtSecuritiesAvailableForSaleCreditReserve
|
28739000 | usd |
CY2023Q4 | rwt |
Debt Securities Available For Sale Unamortized Discounts Premiums
DebtSecuritiesAvailableForSaleUnamortizedDiscountsPremiums
|
46885000 | usd |
CY2022Q4 | rwt |
Debt Securities Available For Sale Unamortized Discounts Premiums
DebtSecuritiesAvailableForSaleUnamortizedDiscountsPremiums
|
61650000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
79635000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
131544000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
16973000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
16269000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
6753000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
13127000 | usd |
CY2023Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
2482000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
2540000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
87373000 | usd |
CY2022Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
132146000 | usd |
CY2023Q4 | rwt |
Number Of Available For Sale Securities
NumberOfAvailableForSaleSecurities
|
66 | investment |
CY2023Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
21 | investment |
CY2023Q4 | rwt |
Number Of Securities Continuous Unrealized Loss Position More Than Twelve Months
NumberOfSecuritiesContinuousUnrealizedLossPositionMoreThanTwelveMonths
|
19 | investment |
CY2022Q4 | rwt |
Number Of Available For Sale Securities
NumberOfAvailableForSaleSecurities
|
79 | investment |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
38 | investment |
CY2022Q4 | rwt |
Number Of Securities Continuous Unrealized Loss Position More Than Twelve Months
NumberOfSecuritiesContinuousUnrealizedLossPositionMoreThanTwelveMonths
|
1 | investment |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
7000000 | usd |
CY2023Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
2000000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
2540000 | usd |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
0 | usd |
CY2023 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
|
300000 | usd |
CY2022 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotPreviouslyRecorded
|
1726000 | usd |
CY2023 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
|
-50000 | usd |
CY2022 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
|
814000 | usd |
CY2023 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
|
0 | usd |
CY2022 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Purchased With Credit Deterioration Increase
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
|
0 | usd |
CY2023 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
|
-308000 | usd |
CY2022 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Securities Sold
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSecuritiesSold
|
0 | usd |
CY2023 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Sell Before Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSellBeforeRecovery
|
0 | usd |
CY2022 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Sell Before Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossSellBeforeRecovery
|
0 | usd |
CY2023 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Writeoff
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff
|
0 | usd |
CY2022 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Writeoff
DebtSecuritiesAvailableForSaleAllowanceForCreditLossWriteoff
|
0 | usd |
CY2023 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecovery
|
0 | usd |
CY2022 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss Recovery
DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecovery
|
0 | usd |
CY2023Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
2482000 | usd |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
2540000 | usd |
CY2023 | rwt |
Availableforsale Securities Gross Realized Gain Loss On Sales And Calls
AvailableforsaleSecuritiesGrossRealizedGainLossOnSalesAndCalls
|
1502000 | usd |
CY2022 | rwt |
Availableforsale Securities Gross Realized Gain Loss On Sales And Calls
AvailableforsaleSecuritiesGrossRealizedGainLossOnSalesAndCalls
|
2508000 | usd |
CY2021 | rwt |
Availableforsale Securities Gross Realized Gain Loss On Sales And Calls
AvailableforsaleSecuritiesGrossRealizedGainLossOnSalesAndCalls
|
17093000 | usd |
CY2023Q4 | rwt |
Home Equity Investments
HomeEquityInvestments
|
550436000 | usd |
CY2022Q4 | rwt |
Home Equity Investments
HomeEquityInvestments
|
403462000 | usd |
CY2023Q4 | rwt |
Net Market Valuation Recorded Gain Losses Income Net
NetMarketValuationRecordedGainLossesIncomeNet
|
35117000 | usd |
CY2022Q4 | rwt |
Net Market Valuation Recorded Gain Losses Income Net
NetMarketValuationRecordedGainLossesIncomeNet
|
2714000 | usd |
CY2021Q4 | rwt |
Net Market Valuation Recorded Gain Losses Income Net
NetMarketValuationRecordedGainLossesIncomeNet
|
13425000 | usd |
CY2023Q4 | us-gaap |
Other Investments
OtherInvestments
|
343930000 | usd |
CY2022Q4 | us-gaap |
Other Investments
OtherInvestments
|
390938000 | usd |
CY2023 | rwt |
Number Of Partnerships Consolidated
NumberOfPartnershipsConsolidated
|
2 | partnership |
CY2023 | rwt |
Mortgage Servicing Rights Income Loss Net
MortgageServicingRightsIncomeLossNet
|
7000000 | usd |
CY2022 | rwt |
Mortgage Servicing Rights Income Loss Net
MortgageServicingRightsIncomeLossNet
|
15000000 | usd |
CY2021 | rwt |
Mortgage Servicing Rights Income Loss Net
MortgageServicingRightsIncomeLossNet
|
2000000 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-19616000 | usd |
CY2023Q4 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
2628677000 | usd |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
3975000 | usd |
CY2022Q4 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
1772298000 | usd |
CY2023Q4 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
93599000 | usd |
CY2022Q4 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
6455000 | usd |
CY2023Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
69072000 | usd |
CY2022Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
60893000 | usd |
CY2023Q4 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
67302000 | usd |
CY2022Q4 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
36623000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
40115000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
41931000 | usd |
CY2023Q4 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
33414000 | usd |
CY2022Q4 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
13802000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
12532000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
16177000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7829000 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
12616000 | usd |
CY2023Q4 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
2082000 | usd |
CY2022Q4 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
3399000 | usd |
CY2023Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
25166000 | usd |
CY2022Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
19344000 | usd |
CY2023Q4 | us-gaap |
Other Assets
OtherAssets
|
351109000 | usd |
CY2022Q4 | us-gaap |
Other Assets
OtherAssets
|
211240000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
17000000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
10000000 | usd |
CY2023Q4 | us-gaap |
Minority Interest In Limited Partnerships
MinorityInterestInLimitedPartnerships
|
81177000 | usd |
CY2022Q4 | us-gaap |
Minority Interest In Limited Partnerships
MinorityInterestInLimitedPartnerships
|
44859000 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
52755000 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
46612000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
28140000 | usd |
CY2022Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
30929000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
14725000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
18563000 | usd |
CY2023Q4 | us-gaap |
Guaranty Liabilities
GuarantyLiabilities
|
5781000 | usd |
CY2022Q4 | us-gaap |
Guaranty Liabilities
GuarantyLiabilities
|
6344000 | usd |
CY2023Q4 | rwt |
Accrued Operating Expenses
AccruedOperatingExpenses
|
5527000 | usd |
CY2022Q4 | rwt |
Accrued Operating Expenses
AccruedOperatingExpenses
|
5740000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
4992000 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
4234000 | usd |
CY2023Q4 | rwt |
Loan Repurchase Reserve
LoanRepurchaseReserve
|
4700000 | usd |
CY2022Q4 | rwt |
Loan Repurchase Reserve
LoanRepurchaseReserve
|
7051000 | usd |
CY2023Q4 | rwt |
Bridge Loan Holdback
BridgeLoanHoldback
|
2059000 | usd |
CY2022Q4 | rwt |
Bridge Loan Holdback
BridgeLoanHoldback
|
3301000 | usd |
CY2023Q4 | rwt |
Dividends Payable Preferred Stock
DividendsPayablePreferredStock
|
1478000 | usd |
CY2022Q4 | rwt |
Dividends Payable Preferred Stock
DividendsPayablePreferredStock
|
0 | usd |
CY2023Q4 | rwt |
Margin Payable
MarginPayable
|
350000 | usd |
CY2022Q4 | rwt |
Margin Payable
MarginPayable
|
5944000 | usd |
CY2023Q4 | rwt |
Other Liabilities Miscellaneous
OtherLiabilitiesMiscellaneous
|
15119000 | usd |
CY2022Q4 | rwt |
Other Liabilities Miscellaneous
OtherLiabilitiesMiscellaneous
|
6627000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
216803000 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
180203000 | usd |
CY2022Q4 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
6455000 | usd |
CY2023 | us-gaap |
Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
|
100280000 | usd |
CY2023 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
10891000 | usd |
CY2023 | us-gaap |
Principal Investment Gains Losses
PrincipalInvestmentGainsLosses
|
-2245000 | usd |
CY2023Q4 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
93599000 | usd |
CY2021Q4 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
36126000 | usd |
CY2022 | us-gaap |
Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
|
8494000 | usd |
CY2022 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
39673000 | usd |
CY2022 | us-gaap |
Principal Investment Gains Losses
PrincipalInvestmentGainsLosses
|
1507000 | usd |
CY2022Q4 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
6455000 | usd |
CY2023 | rwt |
Realized Gain Loss From Liquidation
RealizedGainLossFromLiquidation
|
-2000000 | usd |
CY2022 | rwt |
Realized Gain Loss From Liquidation
RealizedGainLossFromLiquidation
|
2000000 | usd |
CY2023Q4 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
45 | asset |
CY2022Q4 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
28 | asset |
CY2018 | rwt |
Number Of Partnerships Consolidated
NumberOfPartnershipsConsolidated
|
2 | partnership |
CY2023 | us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
6000000 | usd |
CY2022 | us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
2000000 | usd |
CY2021 | us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
2000000 | usd |
CY2021 | rwt |
Number Of Securitization Transactions Co Sponsored
NumberOfSecuritizationTransactionsCoSponsored
|
2 | transaction |
CY2023Q4 | rwt |
Number Of Securitization Transactions Co Sponsored
NumberOfSecuritizationTransactionsCoSponsored
|
2 | transaction |
CY2023Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1558222000 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
2029679000 | usd |
CY2023Q4 | rwt |
Shortterm Debt Pledgedas Collateral
ShorttermDebtPledgedasCollateral
|
1855214000 | usd |
CY2022Q4 | rwt |
Shortterm Debt Pledgedas Collateral
ShorttermDebtPledgedasCollateral
|
2299034000 | usd |
CY2023 | us-gaap |
Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
|
1140000000 | usd |
CY2022 | us-gaap |
Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
|
1650000000 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
6000000 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
7000000 | usd |
CY2023Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1558222000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1689670000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
8769000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1680901000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1746145000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
12720000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1733425000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
|
1565514000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
|
1379856000 | usd |
CY2023Q4 | rwt |
Interest Payable Noncurrent
InterestPayableNoncurrent
|
10248000 | usd |
CY2022Q4 | rwt |
Interest Payable Noncurrent
InterestPayableNoncurrent
|
11966000 | usd |
CY2023Q4 | rwt |
Lessee Number Of Leases
LesseeNumberOfLeases
|
10 | lease |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
16000000 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
5000000 | usd |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
5000000 | usd |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
4000000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
4656000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
3687000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
3520000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2588000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
1122000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
869000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
16442000 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
1717000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
14725000 | usd |
CY2023Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
2000000 | usd |
CY2021 | rwt |
Amortization Of Leasehold Improvement
AmortizationOfLeaseholdImprovement
|
500000 | usd |
CY2022 | rwt |
Amortization Of Leasehold Improvement
AmortizationOfLeaseholdImprovement
|
500000 | usd |
CY2023 | rwt |
Amortization Of Leasehold Improvement
AmortizationOfLeaseholdImprovement
|
500000 | usd |
CY2023Q4 | rwt |
Lessee Number Of Office Leases
LesseeNumberOfOfficeLeases
|
2 | lease |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
15000000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
13000000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.053 | |
CY2018 | rwt |
Commitment To Fund Partnership Number Of Partnerships
CommitmentToFundPartnershipNumberOfPartnerships
|
2 | partnership |
CY2023 | rwt |
Fee Income Risk Sharing Agreement
FeeIncomeRiskSharingAgreement
|
1000000 | usd |
CY2022 | rwt |
Fee Income Risk Sharing Agreement
FeeIncomeRiskSharingAgreement
|
1000000 | usd |
CY2021 | rwt |
Fee Income Risk Sharing Agreement
FeeIncomeRiskSharingAgreement
|
3000000 | usd |
CY2023Q4 | us-gaap |
Guaranty Liabilities
GuarantyLiabilities
|
6000000 | usd |
CY2023Q4 | rwt |
Guarantee Obligation Credit Reserve
GuaranteeObligationCreditReserve
|
5000000 | usd |
CY2023Q4 | rwt |
Special Purpose Entities Assets
SpecialPurposeEntitiesAssets
|
28000000 | usd |
CY2022Q4 | rwt |
Special Purpose Entities Assets
SpecialPurposeEntitiesAssets
|
30000000 | usd |
CY2023Q4 | rwt |
Special Purpose Entities Liabilities
SpecialPurposeEntitiesLiabilities
|
6000000 | usd |
CY2022Q4 | rwt |
Special Purpose Entities Liabilities
SpecialPurposeEntitiesLiabilities
|
6000000 | usd |
CY2023Q4 | rwt |
Loss Contingency Repurchase Reserve
LossContingencyRepurchaseReserve
|
5000000 | usd |
CY2022Q4 | rwt |
Loss Contingency Repurchase Reserve
LossContingencyRepurchaseReserve
|
6000000 | usd |
CY2023 | rwt |
Mortgage Loans On Real Estate Repurchase Requests
MortgageLoansOnRealEstateRepurchaseRequests
|
1 | repurchase_request |
CY2022 | rwt |
Mortgage Loans On Real Estate Repurchase Requests
MortgageLoansOnRealEstateRepurchaseRequests
|
14 | repurchase_request |
CY2023 | rwt |
Mortgage Loans On Real Estate Number Of Loans Repurchased
MortgageLoansOnRealEstateNumberOfLoansRepurchased
|
5 | loan |
CY2022 | rwt |
Mortgage Loans On Real Estate Number Of Loans Repurchased
MortgageLoansOnRealEstateNumberOfLoansRepurchased
|
1 | loan |
CY2021 | rwt |
Mortgage Loans On Real Estate Number Of Loans Repurchased
MortgageLoansOnRealEstateNumberOfLoansRepurchased
|
2 | loan |
CY2023 | rwt |
Mortgage Loans On Real Estate Repurchase Provision Reversal
MortgageLoansOnRealEstateRepurchaseProvisionReversal
|
1000000 | usd |
CY2022 | rwt |
Mortgage Loans On Real Estate Repurchase Provision Reversal
MortgageLoansOnRealEstateRepurchaseProvisionReversal
|
-3000000 | usd |
CY2021 | rwt |
Mortgage Loans On Real Estate Repurchase Provision Reversal
MortgageLoansOnRealEstateRepurchaseProvisionReversal
|
1000000 | usd |
CY2023 | rwt |
Mortgage Loans On Real Estate Loans Repurchased
MortgageLoansOnRealEstateLoansRepurchased
|
77000 | usd |
CY2022 | rwt |
Mortgage Loans On Real Estate Loans Repurchased
MortgageLoansOnRealEstateLoansRepurchased
|
43000 | usd |
CY2021 | rwt |
Mortgage Loans On Real Estate Loans Repurchased
MortgageLoansOnRealEstateLoansRepurchased
|
200000 | usd |
CY2023 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
2.47917 | |
CY2023Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
1000000 | usd |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-8958000 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-163520000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
319613000 | usd |
CY2023 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
3999000 | usd |
CY2022 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
4335000 | usd |
CY2021 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
10635000 | usd |
CY2023 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
-12957000 | usd |
CY2022 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
-167855000 | usd |
CY2021 | us-gaap |
Undistributed Earnings
UndistributedEarnings
|
308978000 | usd |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116283328 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
117227846 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
113230190 | shares |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.43 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.73 | |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-8958000 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-163520000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
319613000 | usd |
CY2023 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
3999000 | usd |
CY2022 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
4335000 | usd |
CY2021 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
9880000 | usd |
CY2023 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
0 | usd |
CY2022 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
0 | usd |
CY2021 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
27463000 | usd |
CY2023 | us-gaap |
Undistributed Earnings Diluted
UndistributedEarningsDiluted
|
-12957000 | usd |
CY2022 | us-gaap |
Undistributed Earnings Diluted
UndistributedEarningsDiluted
|
-167855000 | usd |
CY2021 | us-gaap |
Undistributed Earnings Diluted
UndistributedEarningsDiluted
|
337196000 | usd |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116283328 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
117227846 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
113230190 | shares |
CY2023 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2022 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2021 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
273236 | shares |
CY2023 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
CY2022 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
CY2021 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
28566875 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
116283328 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
117227846 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
142070301 | shares |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.11 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.43 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.37 | |
CY2023Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
38000000 | usd |
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
40188000 | usd |
CY2023 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
22311000 | usd |
CY2023 | rwt |
Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Valuation Adjustment
SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsValuationAdjustment
|
4553000 | usd |
CY2023 | rwt |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost Forfeitures
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCostForfeitures
|
1834000 | usd |
CY2023 | rwt |
Allocated Sharebased Compensation Expense Including Restructuring
AllocatedSharebasedCompensationExpenseIncludingRestructuring
|
18507000 | usd |
CY2023Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
37605000 | usd |
CY2023 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y | |
CY2022Q4 | us-gaap |
Employee Stock Ownership Plan Esop Repurchase Obligation Amount
EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount
|
36000 | usd |
CY2021Q4 | us-gaap |
Employee Stock Ownership Plan Esop Repurchase Obligation Amount
EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount
|
7000 | usd |
CY2020Q4 | us-gaap |
Employee Stock Ownership Plan Esop Repurchase Obligation Amount
EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount
|
17000 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
567000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
584000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
595000 | usd |
CY2023 | us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
597000 | usd |
CY2022 | us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
555000 | usd |
CY2021 | us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
605000 | usd |
CY2023Q4 | us-gaap |
Employee Stock Ownership Plan Esop Repurchase Obligation Amount
EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount
|
6000 | usd |
CY2022Q4 | us-gaap |
Employee Stock Ownership Plan Esop Repurchase Obligation Amount
EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount
|
36000 | usd |
CY2021Q4 | us-gaap |
Employee Stock Ownership Plan Esop Repurchase Obligation Amount
EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount
|
7000 | usd |
CY2023 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
67386000 | usd |
CY2022 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
-13659000 | usd |
CY2021 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
235744000 | usd |
CY2023 | rwt |
Mortgage Servicing Rights Income Loss Net
MortgageServicingRightsIncomeLossNet
|
7033000 | usd |
CY2022 | rwt |
Mortgage Servicing Rights Income Loss Net
MortgageServicingRightsIncomeLossNet
|
14879000 | usd |
CY2021 | rwt |
Mortgage Servicing Rights Income Loss Net
MortgageServicingRightsIncomeLossNet
|
2380000 | usd |
CY2023 | rwt |
Fee Income Risk Sharing Agreement
FeeIncomeRiskSharingAgreement
|
716000 | usd |
CY2022 | rwt |
Fee Income Risk Sharing Agreement
FeeIncomeRiskSharingAgreement
|
1289000 | usd |
CY2021 | rwt |
Fee Income Risk Sharing Agreement
FeeIncomeRiskSharingAgreement
|
2815000 | usd |
CY2023 | us-gaap |
Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
|
8213000 | usd |
CY2022 | us-gaap |
Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
|
5276000 | usd |
CY2021 | us-gaap |
Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
|
4378000 | usd |
CY2023 | rwt |
Equity Method Loss Earnings Allocation
EquityMethodLossEarningsAllocation
|
-3221000 | usd |
CY2022 | rwt |
Equity Method Loss Earnings Allocation
EquityMethodLossEarningsAllocation
|
-1819000 | usd |
CY2021 | rwt |
Equity Method Loss Earnings Allocation
EquityMethodLossEarningsAllocation
|
0 | usd |
CY2023 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
145000 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1579000 | usd |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2445000 | usd |
CY2023 | us-gaap |
Other Income
OtherIncome
|
12886000 | usd |
CY2022 | us-gaap |
Other Income
OtherIncome
|
21204000 | usd |
CY2021 | us-gaap |
Other Income
OtherIncome
|
12018000 | usd |
CY2023 | rwt |
Fixed Compensation Expense
FixedCompensationExpense
|
53525000 | usd |
CY2022 | rwt |
Fixed Compensation Expense
FixedCompensationExpense
|
63642000 | usd |
CY2021 | rwt |
Fixed Compensation Expense
FixedCompensationExpense
|
46328000 | usd |
CY2023 | rwt |
Variable Compensation Expense
VariableCompensationExpense
|
14752000 | usd |
CY2022 | rwt |
Variable Compensation Expense
VariableCompensationExpense
|
12873000 | usd |
CY2021 | rwt |
Variable Compensation Expense
VariableCompensationExpense
|
58569000 | usd |
CY2023 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
24854000 | usd |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
23101000 | usd |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
19938000 | usd |
CY2023 | rwt |
Acquisition Related Sharebased Payment Arrangement Expense
AcquisitionRelatedSharebasedPaymentArrangementExpense
|
0 | usd |
CY2022 | rwt |
Acquisition Related Sharebased Payment Arrangement Expense
AcquisitionRelatedSharebasedPaymentArrangementExpense
|
0 | usd |
CY2021 | rwt |
Acquisition Related Sharebased Payment Arrangement Expense
AcquisitionRelatedSharebasedPaymentArrangementExpense
|
3813000 | usd |
CY2023 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
12454000 | usd |
CY2022 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
14193000 | usd |
CY2021 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
14445000 | usd |
CY2023 | rwt |
Office Costs
OfficeCosts
|
8590000 | usd |
CY2022 | rwt |
Office Costs
OfficeCosts
|
8574000 | usd |
CY2021 | rwt |
Office Costs
OfficeCosts
|
7837000 | usd |
CY2023 | us-gaap |
Professional Fees
ProfessionalFees
|
5191000 | usd |
CY2022 | us-gaap |
Professional Fees
ProfessionalFees
|
6644000 | usd |
CY2021 | us-gaap |
Professional Fees
ProfessionalFees
|
4975000 | usd |
CY2023 | us-gaap |
Other General Expense
OtherGeneralExpense
|
3628000 | usd |
CY2022 | us-gaap |
Other General Expense
OtherGeneralExpense
|
3675000 | usd |
CY2021 | us-gaap |
Other General Expense
OtherGeneralExpense
|
3388000 | usd |
CY2023 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
5301000 | usd |
CY2022 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
8206000 | usd |
CY2021 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
5925000 | usd |
CY2023 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
128295000 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
140908000 | usd |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
165218000 | usd |
CY2023 | rwt |
Portfolio Management Costs
PortfolioManagementCosts
|
14571000 | usd |
CY2022 | rwt |
Portfolio Management Costs
PortfolioManagementCosts
|
7951000 | usd |
CY2021 | rwt |
Portfolio Management Costs
PortfolioManagementCosts
|
5758000 | usd |
CY2023 | rwt |
Commissions On Loan Acquisitions
CommissionsOnLoanAcquisitions
|
3746000 | usd |
CY2022 | rwt |
Commissions On Loan Acquisitions
CommissionsOnLoanAcquisitions
|
7154000 | usd |
CY2021 | rwt |
Commissions On Loan Acquisitions
CommissionsOnLoanAcquisitions
|
7116000 | usd |
CY2023 | rwt |
Underwriting Costs Associated With Loan Acquisitions
UnderwritingCostsAssociatedWithLoanAcquisitions
|
1633000 | usd |
CY2022 | rwt |
Underwriting Costs Associated With Loan Acquisitions
UnderwritingCostsAssociatedWithLoanAcquisitions
|
3368000 | usd |
CY2021 | rwt |
Underwriting Costs Associated With Loan Acquisitions
UnderwritingCostsAssociatedWithLoanAcquisitions
|
7645000 | usd |
CY2023 | rwt |
Transfer And Hold Costs Associated With Loan Acquisitions
TransferAndHoldCostsAssociatedWithLoanAcquisitions
|
1787000 | usd |
CY2022 | rwt |
Transfer And Hold Costs Associated With Loan Acquisitions
TransferAndHoldCostsAssociatedWithLoanAcquisitions
|
1244000 | usd |
CY2021 | rwt |
Transfer And Hold Costs Associated With Loan Acquisitions
TransferAndHoldCostsAssociatedWithLoanAcquisitions
|
1458000 | usd |
CY2023 | rwt |
Loan Acquisition Costs
LoanAcquisitionCosts
|
7166000 | usd |
CY2022 | rwt |
Loan Acquisition Costs
LoanAcquisitionCosts
|
11766000 | usd |
CY2021 | rwt |
Loan Acquisition Costs
LoanAcquisitionCosts
|
16219000 | usd |
CY2023 | rwt |
Amortizationof Purchase Related Intangible Assets
AmortizationofPurchaseRelatedIntangibleAssets
|
12430000 | usd |
CY2022 | rwt |
Amortizationof Purchase Related Intangible Assets
AmortizationofPurchaseRelatedIntangibleAssets
|
13969000 | usd |
CY2021 | rwt |
Amortizationof Purchase Related Intangible Assets
AmortizationofPurchaseRelatedIntangibleAssets
|
15304000 | usd |
CY2023 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
3808000 | usd |
CY2022 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
1621000 | usd |
CY2021 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
1391000 | usd |
CY2023 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
16238000 | usd |
CY2022 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
15590000 | usd |
CY2021 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
16695000 | usd |
CY2023 | us-gaap |
Operating Expenses
OperatingExpenses
|
166270000 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
176215000 | usd |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
203890000 | usd |
CY2023 | us-gaap |
Severance Costs1
SeveranceCosts1
|
2000000 | usd |
CY2022 | us-gaap |
Severance Costs1
SeveranceCosts1
|
7000000 | usd |
CY2023 | us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
6000000 | usd |
CY2023 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
2000000 | usd |
CY2022 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
1000000 | usd |
CY2021 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
3000000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
98442000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
102795000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
|
18191000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
|
17244000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
21398000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
18738000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
|
59000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
|
0 | usd |
CY2023Q4 | rwt |
Deferred Tax Assets Real Estate Assets
DeferredTaxAssetsRealEstateAssets
|
0 | usd |
CY2022Q4 | rwt |
Deferred Tax Assets Real Estate Assets
DeferredTaxAssetsRealEstateAssets
|
2851000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
|
1680000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
|
3035000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
26192000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
26193000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
1644000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
3803000 | usd |
CY2023Q4 | rwt |
Deferred Tax Assets Other Comprehensive Income Loss
DeferredTaxAssetsOtherComprehensiveIncomeLoss
|
0 | usd |
CY2022Q4 | rwt |
Deferred Tax Assets Other Comprehensive Income Loss
DeferredTaxAssetsOtherComprehensiveIncomeLoss
|
365000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
167606000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
175024000 | usd |
CY2023Q4 | rwt |
Deferred Tax Liabilities Real Estate Assets
DeferredTaxLiabilitiesRealEstateAssets
|
979000 | usd |
CY2022Q4 | rwt |
Deferred Tax Liabilities Real Estate Assets
DeferredTaxLiabilitiesRealEstateAssets
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Mortgage Servicing Rights
DeferredTaxLiabilitiesMortgageServicingRights
|
7284000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Mortgage Servicing Rights
DeferredTaxLiabilitiesMortgageServicingRights
|
7475000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
|
2237000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
|
2780000 | usd |
CY2023Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
10500000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
10255000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
116991000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
122838000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
40115000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
41931000 | usd |
CY2023 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-6000000 | usd |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
20000 | usd |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
340000 | usd |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
28718000 | usd |
CY2023 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
92000 | usd |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
496000 | usd |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
9859000 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
112000 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
836000 | usd |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
38577000 | usd |
CY2023 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
1977000 | usd |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-19083000 | usd |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-17172000 | usd |
CY2023 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-454000 | usd |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-1673000 | usd |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-2927000 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1523000 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-20756000 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-20099000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1635000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-19920000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
18478000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.517 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.009 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.018 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
0.027 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
0.005 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
0.029 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.049 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
3.259 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.105 | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.095 | |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-2.559 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.109 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.055 | |
CY2023 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment |
CY2023 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment |
CY2023 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
724462000 | usd |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
631519000 | usd |
CY2023 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
92943000 | usd |
CY2023 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
67386000 | usd |
CY2023 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-44400000 | usd |
CY2023 | rwt |
Hei Fair Value Changes Net
HEIFairValueChangesNet
|
35117000 | usd |
CY2023 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
12886000 | usd |
CY2023 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
1699000 | usd |
CY2023 | us-gaap |
Noninterest Income
NoninterestIncome
|
72688000 | usd |
CY2023 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
128295000 | usd |
CY2023 | rwt |
Portfolio Management Costs
PortfolioManagementCosts
|
14571000 | usd |
CY2023 | rwt |
Loan Acquisition Costs
LoanAcquisitionCosts
|
7166000 | usd |
CY2023 | us-gaap |
Other Expenses
OtherExpenses
|
16238000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1635000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2274000 | usd |
CY2023 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
-31540000 | usd |
CY2022 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
707854000 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
552400000 | usd |
CY2022 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
155454000 | usd |
CY2022 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
-13659000 | usd |
CY2022 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-178272000 | usd |
CY2022 | rwt |
Hei Fair Value Changes Net
HEIFairValueChangesNet
|
2714000 | usd |
CY2022 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
21204000 | usd |
CY2022 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
5334000 | usd |
CY2022 | us-gaap |
Noninterest Income
NoninterestIncome
|
-162679000 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
140908000 | usd |
CY2022 | rwt |
Portfolio Management Costs
PortfolioManagementCosts
|
7951000 | usd |
CY2022 | rwt |
Loan Acquisition Costs
LoanAcquisitionCosts
|
11766000 | usd |
CY2022 | us-gaap |
Other Expenses
OtherExpenses
|
15590000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-19920000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-163520000 | usd |
CY2022 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
-21928000 | usd |
CY2021 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
574926000 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
426749000 | usd |
CY2021 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
148177000 | usd |
CY2021 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
235744000 | usd |
CY2021 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
114624000 | usd |
CY2021 | rwt |
Hei Fair Value Changes Net
HEIFairValueChangesNet
|
13425000 | usd |
CY2021 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
12018000 | usd |
CY2021 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
17993000 | usd |
CY2021 | us-gaap |
Noninterest Income
NoninterestIncome
|
393804000 | usd |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
165218000 | usd |
CY2021 | rwt |
Portfolio Management Costs
PortfolioManagementCosts
|
5758000 | usd |
CY2021 | rwt |
Loan Acquisition Costs
LoanAcquisitionCosts
|
16219000 | usd |
CY2021 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
16695000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
18478000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
319613000 | usd |
CY2021 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
-45193000 | usd |
CY2023Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
127797000 | usd |
CY2023Q4 | rwt |
Home Equity Investments
HomeEquityInvestments
|
550436000 | usd |
CY2023Q4 | us-gaap |
Other Investments
OtherInvestments
|
343930000 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
23373000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
28462000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
14504327000 | usd |
CY2022Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
240475000 | usd |
CY2022Q4 | rwt |
Home Equity Investments
HomeEquityInvestments
|
403462000 | usd |
CY2022Q4 | us-gaap |
Other Investments
OtherInvestments
|
390938000 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
23373000 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
40892000 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
13030899000 | usd |
CY2022Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
11370323000 | usd |
CY2021Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
12856934000 | usd |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
8877626000 | usd |
CY2023 | us-gaap |
Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
|
3639782000 | usd |
CY2022 | us-gaap |
Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
|
6589943000 | usd |
CY2021 | us-gaap |
Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
|
15427382000 | usd |
CY2023 | us-gaap |
Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
|
827337000 | usd |
CY2022 | us-gaap |
Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
|
4325790000 | usd |
CY2021 | us-gaap |
Mortgage Loans On Real Estate Cost Of Mortgages Sold
MortgageLoansOnRealEstateCostOfMortgagesSold
|
8660440000 | usd |
CY2023 | srt |
Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
|
1601190000 | usd |
CY2022 | srt |
Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
|
2199109000 | usd |
CY2021 | srt |
Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
|
2675859000 | usd |
CY2023 | rwt |
Mortgage Loanson Real Estate Transfers To Real Estate Other
MortgageLoansonRealEstateTransfersToRealEstateOther
|
100280000 | usd |
CY2022 | rwt |
Mortgage Loanson Real Estate Transfers To Real Estate Other
MortgageLoansonRealEstateTransfersToRealEstateOther
|
8495000 | usd |
CY2021 | rwt |
Mortgage Loanson Real Estate Transfers To Real Estate Other
MortgageLoansonRealEstateTransfersToRealEstateOther
|
40038000 | usd |
CY2023 | rwt |
Mortgage Loanson Real Estate Unrealized Gain Loss On Change In Fair Value
MortgageLoansonRealEstateUnrealizedGainLossOnChangeInFairValue
|
214922000 | usd |
CY2022 | rwt |
Mortgage Loanson Real Estate Unrealized Gain Loss On Change In Fair Value
MortgageLoansonRealEstateUnrealizedGainLossOnChangeInFairValue
|
-1543160000 | usd |
CY2021 | rwt |
Mortgage Loanson Real Estate Unrealized Gain Loss On Change In Fair Value
MortgageLoansonRealEstateUnrealizedGainLossOnChangeInFairValue
|
-71737000 | usd |
CY2023Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
12696220000 | usd |
CY2022Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
11370323000 | usd |
CY2021Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
12856934000 | usd |