2011 Q4 Form 10-K Financial Statement
#000119312513077026 Filed on February 26, 2013
Income Statement
Concept | 2011 Q4 | 2011 Q3 | 2011 Q2 |
---|---|---|---|
Revenue | $56.50M | $53.40M | $52.96M |
YoY Change | 1.25% | -9.5% | -6.44% |
Cost Of Revenue | $3.100M | $2.500M | $2.400M |
YoY Change | 29.17% | -3.85% | 9.09% |
Gross Profit | $53.30M | $50.90M | $50.60M |
YoY Change | 0.0% | -9.75% | -6.99% |
Gross Profit Margin | 94.34% | 95.33% | 95.55% |
Selling, General & Admin | $12.00M | $11.20M | $11.60M |
YoY Change | -4.76% | -5.88% | 7.41% |
% of Gross Profit | 22.51% | 22.0% | 22.92% |
Research & Development | $2.124M | $1.915M | |
YoY Change | |||
% of Gross Profit | 4.17% | 3.78% | |
Depreciation & Amortization | $900.0K | $300.0K | $200.0K |
YoY Change | 200.0% | 50.0% | 0.0% |
% of Gross Profit | 1.69% | 0.59% | 0.4% |
Operating Expenses | $51.80M | $11.51M | $12.09M |
YoY Change | 34.2% | -66.93% | -67.77% |
Operating Profit | $1.500M | $39.39M | $38.51M |
YoY Change | -89.8% | 82.38% | 127.89% |
Interest Expense | $29.12M | $24.32M | $23.63M |
YoY Change | 1841.0% | 1419.81% | 46.79% |
% of Operating Profit | 1941.0% | 61.73% | 61.36% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$2.600M | $1.291M | $10.34M |
YoY Change | -117.11% | -93.73% | -64.09% |
Income Tax | $0.00 | $14.00K | $14.00K |
% Of Pretax Income | 1.08% | 0.14% | |
Net Earnings | -$2.558M | $1.297M | $9.439M |
YoY Change | -117.4% | -93.48% | -67.0% |
Net Earnings / Revenue | -4.53% | 2.43% | 17.82% |
Basic Earnings Per Share | -$0.03 | $0.01 | $0.12 |
Diluted Earnings Per Share | -$0.03 | $0.01 | $0.11 |
COMMON SHARES | |||
Basic Shares Outstanding | 78.47M shares | 78.32M shares | |
Diluted Shares Outstanding | 78.47M shares | 79.48M shares |
Balance Sheet
Concept | 2011 Q4 | 2011 Q3 | 2011 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.249B | $133.0M | $80.00M |
YoY Change | 2557.47% | -29.63% | -72.22% |
Cash & Equivalents | $267.2M | $133.4M | $79.98M |
Short-Term Investments | $981.8M | ||
Other Short-Term Assets | $2.000M | $2.000M | $1.000M |
YoY Change | 0.0% | 0.0% | 0.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $275.0M | $142.0M | $87.00M |
YoY Change | 439.22% | -26.8% | -70.21% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.048M | $3.000M | $3.000M |
YoY Change | -48.8% | -25.0% | -25.0% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $1.152B | $1.144B | $1.121B |
YoY Change | -4.4% | -76.46% | -76.8% |
Other Assets | $23.00M | $26.00M | $42.00M |
YoY Change | -32.35% | -21.21% | 16.67% |
Total Long-Term Assets | $5.468B | $5.412B | $5.078B |
YoY Change | 7.38% | 8.94% | 3.04% |
TOTAL ASSETS | |||
Total Short-Term Assets | $275.0M | $142.0M | $87.00M |
Total Long-Term Assets | $5.468B | $5.412B | $5.078B |
Total Assets | $5.743B | $5.554B | $5.165B |
YoY Change | 11.66% | 7.6% | -1.05% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $16.00M | $16.00M | $16.00M |
YoY Change | -20.0% | -27.27% | 0.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $428.1M | $0.00 | $41.00M |
YoY Change | 872.85% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $444.0M | $36.00M | $77.00M |
YoY Change | 428.57% | -12.2% | 120.0% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $4.279B | $4.433B | $3.979B |
YoY Change | 9.69% | 11.61% | -2.36% |
Other Long-Term Liabilities | $128.0M | $127.0M | $83.00M |
YoY Change | 54.22% | 4.1% | -21.7% |
Total Long-Term Liabilities | $4.407B | $4.560B | $4.062B |
YoY Change | 10.62% | 11.38% | -2.85% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $444.0M | $36.00M | $77.00M |
Total Long-Term Liabilities | $4.407B | $4.560B | $4.062B |
Total Liabilities | $4.851B | $4.595B | $4.138B |
YoY Change | 19.24% | 11.12% | -2.14% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $501.3M | ||
YoY Change | |||
Common Stock | $1.699B | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $892.6M | $959.0M | $1.025B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $5.743B | $5.554B | $5.165B |
YoY Change | 11.65% | 7.59% | -1.05% |
Cashflow Statement
Concept | 2011 Q4 | 2011 Q3 | 2011 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.558M | $1.297M | $9.439M |
YoY Change | -117.4% | -93.48% | -67.0% |
Depreciation, Depletion And Amortization | $900.0K | $300.0K | $200.0K |
YoY Change | 200.0% | 50.0% | 0.0% |
Cash From Operating Activities | $2.300M | -$17.50M | $15.80M |
YoY Change | -94.64% | -265.09% | -118.54% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$107.7M | -$314.9M | -$59.00M |
YoY Change | 35.64% | -681.0% | -200.34% |
Cash From Investing Activities | -$107.7M | -$314.9M | -$59.00M |
YoY Change | 35.64% | -681.0% | -200.34% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 239.1M | 385.8M | -97.10M |
YoY Change | -325.99% | -335.24% | -232.83% |
NET CHANGE | |||
Cash From Operating Activities | 2.300M | -17.50M | 15.80M |
Cash From Investing Activities | -107.7M | -314.9M | -59.00M |
Cash From Financing Activities | 239.1M | 385.8M | -97.10M |
Net Change In Cash | 133.7M | 53.40M | -140.3M |
YoY Change | -193.96% | -153.83% | -400.43% |
FREE CASH FLOW | |||
Cash From Operating Activities | $2.300M | -$17.50M | $15.80M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2007Q4 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
5000000 | shares |
CY2013Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
81696701 | shares |
CY2012Q2 | dei |
Entity Public Float
EntityPublicFloat
|
989200093 | |
CY2012Q2 | us-gaap |
Notional Amount Of Interest Rate Derivative Instruments Not Designated As Hedging Instruments
NotionalAmountOfInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
26000000 | |
CY2009Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
989091000 | |
CY2009Q4 | us-gaap |
Employee Stock Ownership Plan Esop Repurchase Obligation Amount
EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount
|
3000 | |
CY2009Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
50.25 | |
CY2009Q4 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
146454000 | |
CY2009Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
242818000 | |
CY2009Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
500073 | shares |
CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
459115 | shares |
CY2010Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1064753000 | |
CY2010Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1075592000 | |
CY2010Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
19531000 | |
CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
53.13 | |
CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
53.13 | |
CY2010Q4 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
121016000 | |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
46937000 | |
CY2010Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
459115 | shares |
CY2011Q4 | invest |
Derivative Notional Amount
DerivativeNotionalAmount
|
2421463000 | |
CY2011Q4 | us-gaap |
Trading Securities
TradingSecurities
|
253142000 | |
CY2011Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount Commercial
LoansAndLeasesReceivableNetReportedAmountCommercial
|
169855000 | |
CY2011Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
220732000 | |
CY2011Q4 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
1741000 | |
CY2011Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
||
CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
298634 | shares |
CY2011Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1697979000 | |
CY2011Q4 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
4008000 | |
CY2011Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
428056000 | |
CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
380779 | shares |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
892584000 | |
CY2011Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
8105000 | |
CY2011Q4 | us-gaap |
Other Assets
OtherAssets
|
88262000 | |
CY2011Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
8134000 | |
CY2011Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
674791000 | |
CY2011Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
1706000 | |
CY2011Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
4408350000 | |
CY2011Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
381000 | |
CY2011Q4 | us-gaap |
Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
|
22014000 | |
CY2011Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
20869000 | |
CY2011Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
892584000 | |
CY2011Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
165000000 | shares |
CY2011Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
728695000 | |
CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
53.91 | |
CY2011Q4 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.48 | pure |
CY2011Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
-702000 | |
CY2011Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
14987000 | |
CY2011Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
78555908 | shares |
CY2011Q4 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
71976000 | |
CY2011Q4 | us-gaap |
Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
|
115 | Investment |
CY2011Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
4209124000 | |
CY2011Q4 | us-gaap |
Liabilities
Liabilities
|
4850714000 | |
CY2011Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
8083000 | |
CY2011Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
326000 | |
CY2011Q4 | us-gaap |
Valuation Allowance Amount
ValuationAllowanceAmount
|
63121000 | |
CY2011Q4 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
1110000000 | |
CY2011Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
4741000 | |
CY2011Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
2373000 | |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
501283000 | |
CY2011Q4 | us-gaap |
Assets
Assets
|
5743298000 | |
CY2011Q4 | us-gaap |
Employee Stock Ownership Plan Esop Repurchase Obligation Amount
EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount
|
8000 | |
CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
53.91 | |
CY2011Q4 | us-gaap |
Investments
Investments
|
5613753000 | |
CY2011Q4 | us-gaap |
Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
|
87112000 | |
CY2011Q4 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
78126000 | |
CY2011Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
1800000000 | |
CY2011Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
5743298000 | |
CY2011Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-125191000 | |
CY2011Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
139500000 | |
CY2011Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
65141000 | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
267176000 | |
CY2011Q4 | us-gaap |
Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
|
33208000 | |
CY2011Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
78555908 | shares |
CY2011Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
874000 | |
CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
380779 | shares |
CY2011Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-13151000 | |
CY2011Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
127564000 | |
CY2011Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
981837000 | |
CY2011Q4 | us-gaap |
Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2
|
11194000 | |
CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
380779 | shares |
CY2011Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
53904000 | |
CY2011Q4 | us-gaap |
Cumulative Dividends
CumulativeDividends
|
1294313000 | |
CY2011Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
786000 | |
CY2011Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2011Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1000000 | |
CY2011Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
|
-67055000 | |
CY2011Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2048000 | |
CY2011Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
10259000 | |
CY2011Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
62419000 | |
CY2011Q4 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
5669000 | |
CY2011Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount Consumer
LoansAndLeasesReceivableNetReportedAmountConsumer
|
4194885000 | |
CY2011Q4 | us-gaap |
Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
|
0.0192 | pure |
CY2011Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
15840000 | |
CY2011Q4 | rwt |
Number Of Available For Sale Securities
NumberOfAvailableForSaleSecurities
|
352 | Investment |
CY2011Q4 | rwt |
Available For Sale Securities Unamortized Discounts Premiums
AvailableForSaleSecuritiesUnamortizedDiscountsPremiums
|
239387000 | |
CY2011Q4 | rwt |
Available For Sale Securities Credit Reserve
AvailableForSaleSecuritiesCreditReserve
|
295990000 | |
CY2011Q4 | rwt |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Amortized Cost
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAmortizedCost
|
242746000 | |
CY2011Q4 | rwt |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Amortized Cost
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAmortizedCost
|
76335000 | |
CY2011Q4 | rwt |
Available For Sale Securities Principal Balance
AvailableForSaleSecuritiesPrincipalBalance
|
1210168000 | |
CY2011Q4 | rwt |
Deferred Tax Assets Capital Loss Carryforwards Domestic
DeferredTaxAssetsCapitalLossCarryforwardsDomestic
|
14437000 | |
CY2011Q4 | rwt |
Deferred Tax Assets Capital Loss Carryforwards State And Local
DeferredTaxAssetsCapitalLossCarryforwardsStateAndLocal
|
28691000 | |
CY2011Q4 | rwt |
Deferred Tax Assets Real Estate
DeferredTaxAssetsRealEstate
|
3824000 | |
CY2011Q4 | rwt |
Number Of Securities Continuous Unrealized Loss Position More Than Twelve Months
NumberOfSecuritiesContinuousUnrealizedLossPositionMoreThanTwelveMonths
|
25 | Investment |
CY2011Q4 | rwt |
Deferred Tax Liabilities Unrealized Gains Losses
DeferredTaxLiabilitiesUnrealizedGainsLosses
|
-702000 | |
CY2012Q4 | invest |
Derivative Notional Amount
DerivativeNotionalAmount
|
1453000000 | |
CY2012Q4 | us-gaap |
Trading Securities
TradingSecurities
|
33172000 | |
CY2012Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount Commercial
LoansAndLeasesReceivableNetReportedAmountCommercial
|
313010000 | |
CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1779000 | |
CY2012Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
22510000 | |
CY2012Q4 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
4005985 | shares |
CY2012Q4 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
153000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
||
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
666610 | shares |
CY2012Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1744554000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
1163000 | |
CY2012Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
551918000 | |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
287516 | shares |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1140164000 | |
CY2012Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
26902000 | |
CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1518000 | |
CY2012Q4 | us-gaap |
Other Assets
OtherAssets
|
80695000 | |
CY2012Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
4592000 | |
CY2012Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
889001000 | |
CY2012Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
1684000 | |
CY2012Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
2901214000 | |
CY2012Q4 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
5315000 | |
CY2012Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
618000 | |
CY2012Q4 | us-gaap |
Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
|
293000 | |
CY2012Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
21684000 | |
CY2012Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
54.18 | |
CY2012Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1140164000 | |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
165000000 | shares |
CY2012Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
287516 | shares |
CY2012Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
1075581000 | |
CY2012Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
287516 | shares |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
4312000 | |
CY2012Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
383000 | |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
54.18 | |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
81716416 | shares |
CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1776000 | |
CY2012Q4 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
63424000 | |
CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1820000 | |
CY2012Q4 | us-gaap |
Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
|
22 | Investment |
CY2012Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
2532916000 | |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
3303934000 | |
CY2012Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
9293000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
245000 | |
CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
1563000 | |
CY2012Q4 | us-gaap |
Valuation Allowance Amount
ValuationAllowanceAmount
|
147755000 | |
CY2012Q4 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
12000000 | |
CY2012Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
4762000 | |
CY2012Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
2972000 | |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
633052000 | |
CY2012Q4 | us-gaap |
Assets
Assets
|
4444098000 | |
CY2012Q4 | us-gaap |
Employee Stock Ownership Plan Esop Repurchase Obligation Amount
EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount
|
3000 | |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
54.18 | |
CY2012Q4 | us-gaap |
Loans Pledged As Collateral
LoansPledgedAsCollateral
|
207000000 | |
CY2012Q4 | us-gaap |
Investments
Investments
|
4338313000 | |
CY2012Q4 | us-gaap |
Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
|
188945000 | |
CY2012Q4 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
50852000 | |
CY2012Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
1700000000 | |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4444098000 | |
CY2012Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-48109000 | |
CY2012Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
139500000 | |
CY2012Q4 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
24657000 | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
81080000 | |
CY2012Q4 | us-gaap |
Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
|
2365000 | |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
81716416 | shares |
CY2012Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
118886000 | |
CY2012Q4 | us-gaap |
Available For Sale Securities Pledged As Collateral
AvailableForSaleSecuritiesPledgedAsCollateral
|
480000000 | |
CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
650000 | |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
287516 | shares |
CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
138332000 | |
CY2012Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
51081000 | |
CY2012Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
1108753000 | |
CY2012Q4 | us-gaap |
Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2
|
2072000 | |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
287516 | shares |
CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
186580000 | |
CY2012Q4 | us-gaap |
Cumulative Dividends
CumulativeDividends
|
1376591000 | |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
817000 | |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1000000 | |
CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
|
-48248000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
12130000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
152067000 | |
CY2012Q4 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
4245000 | |
CY2012Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
9106000 | |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
494000 | |
CY2012Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount Consumer
LoansAndLeasesReceivableNetReportedAmountConsumer
|
2835470000 | |
CY2012Q4 | us-gaap |
Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
|
0.0181 | pure |
CY2012Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
54.18 | |
CY2012Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
12442000 | |
CY2012Q4 | rwt |
Number Of Available For Sale Securities
NumberOfAvailableForSaleSecurities
|
284 | Investment |
CY2012Q4 | rwt |
Available For Sale Securities Unamortized Discounts Premiums
AvailableForSaleSecuritiesUnamortizedDiscountsPremiums
|
206783000 | |
CY2012Q4 | rwt |
Available For Sale Securities Credit Reserve
AvailableForSaleSecuritiesCreditReserve
|
210948000 | |
CY2012Q4 | rwt |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Amortized Cost
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAmortizedCost
|
22803000 | |
CY2012Q4 | rwt |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Amortized Cost
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAmortizedCost
|
26729000 | |
CY2012Q4 | rwt |
Available For Sale Securities Principal Balance
AvailableForSaleSecuritiesPrincipalBalance
|
1306732000 | |
CY2012Q4 | rwt |
Deferred Tax Assets Capital Loss Carryforwards Domestic
DeferredTaxAssetsCapitalLossCarryforwardsDomestic
|
10869000 | |
CY2012Q4 | rwt |
Deferred Tax Assets Capital Loss Carryforwards State And Local
DeferredTaxAssetsCapitalLossCarryforwardsStateAndLocal
|
8774000 | |
CY2012Q4 | rwt |
Number Of Securities Continuous Unrealized Loss Position More Than Twelve Months
NumberOfSecuritiesContinuousUnrealizedLossPositionMoreThanTwelveMonths
|
14 | Investment |
CY2012Q4 | rwt |
Minimum Percentage Of Taxable Income Distribution To Shareholders
MinimumPercentageOfTaxableIncomeDistributionToShareholders
|
0.90 | pure |
CY2012Q4 | rwt |
Percentage Difference Of Internal Valuation Than Dealer Marks
PercentageDifferenceOfInternalValuationThanDealerMarks
|
-0.02 | pure |
CY2012Q4 | rwt |
Percentage Of Real Estate Owned
PercentageOfRealEstateOwned
|
0.88 | pure |
CY2012Q4 | rwt |
Percentage Of Dealer Quotes Received On Securities
PercentageOfDealerQuotesReceivedOnSecurities
|
0.75 | pure |
CY2012Q4 | rwt |
Deferred Tax Liabilities Unrealized Gains Losses
DeferredTaxLiabilitiesUnrealizedGainsLosses
|
2445000 | |
CY2012Q4 | rwt |
Deferred Tax Liabilities Real Estate Assets
DeferredTaxLiabilitiesRealEstateAssets
|
1867000 | |
CY2010 | us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
-8946000 | |
CY2010 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
24077000 | |
CY2010 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1150000 | |
CY2010 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3966000 | |
CY2010 | us-gaap |
Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
|
76319000 | |
CY2010 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
18216000 | |
CY2010 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
270000 | |
CY2010 | us-gaap |
Other Tax Expense Benefit
OtherTaxExpenseBenefit
|
1323000 | |
CY2010 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11522000 | |
CY2010 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
157531000 | |
CY2010 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-1043000 | |
CY2010 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest
|
8329000 | |
CY2010 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-8758000 | |
CY2010 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
2451000 | |
CY2010 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
17.63 | |
CY2010 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
7658000 | |
CY2010 | us-gaap |
Transfer Of Other Real Estate
TransferOfOtherRealEstate
|
20437000 | |
CY2010 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
3335000 | |
CY2010 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11522000 | |
CY2010 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
CY2010 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.36 | |
CY2010 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
34.18 | |
CY2010 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-69782000 | |
CY2010 | us-gaap |
Profit Loss
ProfitLoss
|
111202000 | |
CY2010 | us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
1864000 | |
CY2010 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
11500 | shares |
CY2010 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.00 | |
CY2010 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
-45947000 | |
CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
26450 | shares |
CY2010 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-1049000 | |
CY2010 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
885000 | |
CY2010 | us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
359000 | |
CY2010 | us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
45482000 | |
CY2010 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
29893000 | |
CY2010 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
115233000 | |
CY2010 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1563000 | |
CY2010 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
215000 | |
CY2010 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
79987000 | |
CY2010 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
356000 | |
CY2010 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
24135000 | |
CY2010 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
|
3678000 | |
CY2010 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-10391000 | |
CY2010 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
14.24 | |
CY2010 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-195881000 | |
CY2010 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment For Writedown Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForWritedownOfSecuritiesIncludedInNetIncomeNetOfTax
|
10672000 | |
CY2010 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7027000 | |
CY2010 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
8264000 | |
CY2010 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-8982000 | |
CY2010 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
78810949 | shares |
CY2010 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
68214000 | |
CY2010 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
230054000 | |
CY2010 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
111482000 | |
CY2010 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
49930000 | |
CY2010 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.37 | |
CY2010 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-341007000 | |
CY2010 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
63496000 | |
CY2010 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
145390000 | |
CY2010 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
81000 | |
CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
3008 | shares |
CY2010 | us-gaap |
Professional Fees
ProfessionalFees
|
3866000 | |
CY2010 | us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
55868000 | |
CY2010 | us-gaap |
Operating Expenses
OperatingExpenses
|
53715000 | |
CY2010 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
77841634 | shares |
CY2010 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
6000 | |
CY2010 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
969315 | shares |
CY2010 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
211178000 | |
CY2010 | us-gaap |
Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
|
65405000 | |
CY2010 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
9887000 | |
CY2010 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
10132000 | |
CY2010 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
278794000 | |
CY2010 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11353000 | |
CY2010 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
56983000 | |
CY2010 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
35758000 | |
CY2010 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
768000 | |
CY2010 | us-gaap |
Interest Paid
InterestPaid
|
69787000 | |
CY2010 | us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
-68000 | |
CY2010 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
5113000 | |
CY2010 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
1424000 | |
CY2010 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
393696 | shares |
CY2010 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
257657000 | |
CY2010 | us-gaap |
Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
|
525349000 | |
CY2010 | us-gaap |
Net Income Loss
NetIncomeLoss
|
110052000 | |
CY2010 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
33740000 | |
CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
shares | |
CY2010 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
280000 | |
CY2010 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
373982000 | |
CY2010 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
159982000 | |
CY2010 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
79888000 | |
CY2010 | us-gaap |
Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
|
162546000 | |
CY2010 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
63496000 | |
CY2010 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
45971000 | |
CY2010 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
455345000 | |
CY2010 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
300000 | |
CY2010 | us-gaap |
Interest Expense
InterestExpense
|
84664000 | |
CY2010 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
239000 | |
CY2010 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
|
6651000 | |
CY2010 | rwt |
Stock Issued During Period Value Dividend Reinvestment And Employee Stock Purchase Plan
StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan
|
4034000 | |
CY2010 | rwt |
Fixed Compensation Expense
FixedCompensationExpense
|
14845000 | |
CY2010 | rwt |
Variable Compensation Expense
VariableCompensationExpense
|
7542000 | |
CY2010 | rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
-19554000 | |
CY2010 | rwt |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Matured Called Written Down
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsMaturedCalledWrittenDown
|
27744000 | |
CY2010 | rwt |
Other Market Valuation Adjustments Net
OtherMarketValuationAdjustmentsNet
|
-19554000 | |
CY2010 | rwt |
Other Market Valuation Adjustments
OtherMarketValuationAdjustments
|
-9667000 | |
CY2010 | rwt |
Employee Stock Purchase Plan Number Of Shares Purchased By Employee
EmployeeStockPurchasePlanNumberOfSharesPurchasedByEmployee
|
121643 | shares |
CY2010 | rwt |
Proceeds From Principal Repayments On Securities
ProceedsFromPrincipalRepaymentsOnSecurities
|
217955000 | |
CY2010 | rwt |
Net Interest Income Loss After Provision And Other Market Valuation Adjustments
NetInterestIncomeLossAfterProvisionAndOtherMarketValuationAdjustments
|
101701000 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
|
-0.301 | pure |
CY2011 | us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
42348000 | |
CY2011 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
313580000 | |
CY2011 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1147000 | |
CY2011 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
6013000 | |
CY2011 | us-gaap |
Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
|
88492000 | |
CY2011 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
15106000 | |
CY2011 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
9108000 | |
CY2011 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-99147000 | |
CY2011 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
42000 | |
CY2011 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest
|
5634000 | |
CY2011 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
4164000 | |
CY2011 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
49.37 | |
CY2011 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
7592000 | |
CY2011 | us-gaap |
Transfer Of Other Real Estate
TransferOfOtherRealEstate
|
11258000 | |
CY2011 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
3523000 | |
CY2011 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9108000 | |
CY2011 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
CY2011 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.31 | |
CY2011 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-9537000 | |
CY2011 | us-gaap |
Profit Loss
ProfitLoss
|
25196000 | |
CY2011 | us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
8835000 | |
CY2011 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.00 | |
CY2011 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
9623000 | |
CY2011 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
6988000 | |
CY2011 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
78336 | shares |
CY2011 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
19000 | |
CY2011 | us-gaap |
Gain Loss On Price Risk Derivatives Net
GainLossOnPriceRiskDerivativesNet
|
-20000000 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
17810000 | |
CY2011 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
6988000 | |
CY2011 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1713000 | |
CY2011 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.002 | pure |
CY2011 | us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
324000 | |
CY2011 | us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
39926000 | |
CY2011 | us-gaap |
Cash Flow Hedge Loss Reclassified To Interest Expense
CashFlowHedgeLossReclassifiedToInterestExpense
|
4000000 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-415554000 | |
CY2011 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
4503000 | |
CY2011 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
51000 | |
CY2011 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
81155000 | |
CY2011 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
332000 | |
CY2011 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
16151000 | |
CY2011 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
|
4243000 | |
CY2011 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-42115000 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.072 | pure |
CY2011 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
220239000 | |
CY2011 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment For Writedown Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForWritedownOfSecuritiesIncludedInNetIncomeNetOfTax
|
5048000 | |
CY2011 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6689000 | |
CY2011 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
9514000 | |
CY2011 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-15259000 | |
CY2011 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
78299510 | shares |
CY2011 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
697499000 | |
CY2011 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
217179000 | |
CY2011 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
25238000 | |
CY2011 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-121326000 | |
CY2011 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.31 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
617983000 | |
CY2011 | us-gaap |
Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
|
57000000 | |
CY2011 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
658000 | |
CY2011 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
10946000 | |
CY2011 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
118142000 | |
CY2011 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
1031000 | |
CY2011 | us-gaap |
Professional Fees
ProfessionalFees
|
4177000 | |
CY2011 | us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
10284000 | |
CY2011 | us-gaap |
Operating Expenses
OperatingExpenses
|
47682000 | |
CY2011 | us-gaap |
Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
|
2092000 | |
CY2011 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
78299510 | shares |
CY2011 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
23000 | |
CY2011 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
2000000 | |
CY2011 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
887974000 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.340 | pure |
CY2011 | us-gaap |
Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
|
81116000 | |
CY2011 | us-gaap |
Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
|
393304000 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
-0.109 | pure |
CY2011 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
9472000 | |
CY2011 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
14112000 | |
CY2011 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
128566000 | |
CY2011 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
9067000 | |
CY2011 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
12665000 | |
CY2011 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
31851000 | |
CY2011 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
1428000 | |
CY2011 | us-gaap |
Interest Paid
InterestPaid
|
106757000 | |
CY2011 | us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
-2778000 | |
CY2011 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
12317000 | |
CY2011 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
1884000 | |
CY2011 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1510322 | shares |
CY2011 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
86254000 | |
CY2011 | us-gaap |
Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
|
960014000 | |
CY2011 | us-gaap |
Net Income Loss
NetIncomeLoss
|
26343000 | |
CY2011 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
27340000 | |
CY2011 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
shares | |
CY2011 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
8791000 | |
CY2011 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
42000 | |
CY2011 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
409009000 | |
CY2011 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-94983000 | |
CY2011 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
100686000 | |
CY2011 | us-gaap |
Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
|
127179000 | |
CY2011 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
10946000 | |
CY2011 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
492561000 | |
CY2011 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
400000 | |
CY2011 | us-gaap |
Interest Expense
InterestExpense
|
99037000 | |
CY2011 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
49000 | |
CY2011 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
|
4557000 | |
CY2011 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-88502000 | |
CY2011 | rwt |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities And Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesAndDerivativesArisingDuringPeriodNetOfTax
|
-125490000 | |
CY2011 | rwt |
Stock Issued During Period Value Dividend Reinvestment And Employee Stock Purchase Plan
StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan
|
8791000 | |
CY2011 | rwt |
Fixed Compensation Expense
FixedCompensationExpense
|
15442000 | |
CY2011 | rwt |
Variable Compensation Expense
VariableCompensationExpense
|
2831000 | |
CY2011 | rwt |
Noncontrolling Interest Increase From Deconsolidation
NoncontrollingInterestIncreaseFromDeconsolidation
|
256000 | |
CY2011 | rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
-40017000 | |
CY2011 | rwt |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Matured Called Written Down
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsMaturedCalledWrittenDown
|
36558000 | |
CY2011 | rwt |
Amortization Of Leasehold Improvement
AmortizationOfLeaseholdImprovement
|
1000000 | |
CY2011 | rwt |
Number Of Variable Interest Entities Acquired And Consolidated
NumberOfVariableInterestEntitiesAcquiredAndConsolidated
|
50 | Entity |
CY2011 | rwt |
Number Of Facilities
NumberOfFacilities
|
6 | Contract |
CY2011 | rwt |
Debt Instrument Average Maturity Term
DebtInstrumentAverageMaturityTerm
|
P240D | |
CY2011 | rwt |
Other Market Valuation Adjustments Net
OtherMarketValuationAdjustmentsNet
|
-40017000 | |
CY2011 | rwt |
Other Market Valuation Adjustments
OtherMarketValuationAdjustments
|
-30545000 | |
CY2011 | rwt |
Employee Stock Purchase Plan Number Of Shares Purchased By Employee
EmployeeStockPurchasePlanNumberOfSharesPurchasedByEmployee
|
152212 | shares |
CY2011 | rwt |
Proceeds From Principal Repayments On Securities
ProceedsFromPrincipalRepaymentsOnSecurities
|
166134000 | |
CY2011 | rwt |
Net Interest Income Loss After Provision And Other Market Valuation Adjustments
NetInterestIncomeLossAfterProvisionAndOtherMarketValuationAdjustments
|
61974000 | |
CY2012 | dei |
Trading Symbol
TradingSymbol
|
RWT | |
CY2012 | dei |
Entity Registrant Name
EntityRegistrantName
|
REDWOOD TRUST INC | |
CY2012 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2012 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2012 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2012 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2012 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2012 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2012 | |
CY2012 | dei |
Document Type
DocumentType
|
10-K | |
CY2012 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2012-12-31 | |
CY2012 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000930236 | |
CY2012 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
Yes | |
CY2012 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2012 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
|
0 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
|
-0.191 | pure |
CY2012 | us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
-8762000 | |
CY2012 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
1334479000 | |
CY2012 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
36764000 | |
CY2012 | us-gaap |
Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
|
101821000 | |
CY2012 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
3536000 | |
CY2012 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
9842000 | |
CY2012 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
283252000 | |
CY2012 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
1291000 | |
CY2012 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest
|
1027000 | |
CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
53.23 | |
CY2012 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
5339000 | |
CY2012 | us-gaap |
Transfer Of Other Real Estate
TransferOfOtherRealEstate
|
8970000 | |
CY2012 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
1600000 | |
CY2012 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9842000 | |
CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
CY2012 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.59 | |
CY2012 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
49.73 | |
CY2012 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
|
60 | |
CY2012 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-200000 | |
CY2012 | us-gaap |
Profit Loss
ProfitLoss
|
131769000 | |
CY2012 | us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
26759000 | |
CY2012 | us-gaap |
Real Estate Other Deductions
RealEstateOtherDeductions
|
1000000 | |
CY2012 | us-gaap |
Defined Contribution Plan Maximum Annual Contribution Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionPerEmployeePercent
|
1.00 | pure |
CY2012 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.00 | |
CY2012 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
36509000 | |
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
88763 | shares |
CY2012 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
944000 | |
CY2012 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1873000 | |
CY2012 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.010 | pure |
CY2012 | us-gaap |
Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
|
479000 | |
CY2012 | us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
23702000 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-450227000 | |
CY2012 | us-gaap |
Cash Flow Hedge Loss Reclassified To Interest Expense
CashFlowHedgeLossReclassifiedToInterestExpense
|
15000000 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
723312000 | |
CY2012 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
4486000 | |
CY2012 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
312000 | |
CY2012 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
82278000 | |
CY2012 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
474000 | |
CY2012 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
3648000 | |
CY2012 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
|
14821000 | |
CY2012 | us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
9904000 | |
CY2012 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
3987000 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.072 | pure |
CY2012 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-186096000 | |
CY2012 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment For Writedown Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForWritedownOfSecuritiesIncludedInNetIncomeNetOfTax
|
1448000 | |
CY2012 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5894000 | |
CY2012 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
9583000 | |
CY2012 | us-gaap |
Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
|
2335865000 | |
CY2012 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
80673682 | shares |
CY2012 | us-gaap |
Servicing Asset At Fair Value Period Increase Decrease
ServicingAssetAtFairValuePeriodIncreaseDecrease
|
-2014000 | |
CY2012 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
1458341000 | |
CY2012 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P1Y3M15D | |
CY2012 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
231384000 | |
CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
133060000 | |
CY2012 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
151483000 | |
CY2012 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.61 | |
CY2012 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Note 1. Redwood Trust</b></font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: Times New Roman" size="2">Redwood Trust, Inc., together with its subsidiaries (“Redwood,” “we,” or “us”), invests in, finances, and manages real estate-related assets. We seek to invest in assets that have the potential to generate sufficient cash flow returns to support our goal of distributing an attractive level of dividends per share to shareholders over time. We also seek to generate fee and gain on sale income primarily through mortgage banking activities conducted at certain of our subsidiaries.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: Times New Roman" size="2">The assets we primarily invest in are (i) residential mortgage loans, (ii) commercial mortgage loans and other forms of commercial real estate financing (which we generally refer to as commercial loans), and (iii) securities collateralized by mortgage loans or other real estate-related debt.</font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: Times New Roman" size="2">Redwood was incorporated in the State of Maryland on April 11, 1994, and commenced operations on August 19, 1994. Our executive offices are located at One Belvedere Place, Suite 300, Mill Valley, California 94941.</font></p> </div> | |
CY2012 | us-gaap |
Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
|
0.00 | pure |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-459181000 | |
CY2012 | us-gaap |
Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
|
487000000 | |
CY2012 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-8026000 | |
CY2012 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
12370000 | |
CY2012 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
75790000 | |
CY2012 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
110590000 | |
CY2012 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
9390000 | |
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
4500 | shares |
CY2012 | us-gaap |
Professional Fees
ProfessionalFees
|
5197000 | |
CY2012 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
7000000 | |
CY2012 | us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
32451000 | |
CY2012 | us-gaap |
Operating Expenses
OperatingExpenses
|
65270000 | |
CY2012 | us-gaap |
Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
|
388507000 | |
CY2012 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
79529950 | shares |
CY2012 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
347000 | |
CY2012 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1000000 | |
CY2012 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1143732 | shares |
CY2012 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
174191000 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.340 | pure |
CY2012 | us-gaap |
Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
|
82169000 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
-0.211 | pure |
CY2012 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
2509000 | |
CY2012 | us-gaap |
Origination Of Mortgage Servicing Rights Ms Rs
OriginationOfMortgageServicingRightsMSRs
|
7000000 | |
CY2012 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
507744000 | |
CY2012 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
9784000 | |
CY2012 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
33909000 | |
CY2012 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
12803000 | |
CY2012 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
325000 | |
CY2012 | us-gaap |
Interest Paid
InterestPaid
|
114908000 | |
CY2012 | us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
-1815000 | |
CY2012 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
10024000 | |
CY2012 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
4285000 | |
CY2012 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
609201 | shares |
CY2012 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
206600000 | |
CY2012 | us-gaap |
Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
|
9000000 | |
CY2012 | us-gaap |
Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
|
156344000 | |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
131769000 | |
CY2012 | us-gaap |
Real Estate Owned Valuation Allowance Period Increase Decrease
RealEstateOwnedValuationAllowancePeriodIncreaseDecrease
|
3000000 | |
CY2012 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
44555000 | |
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
shares | |
CY2012 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
38580000 | |
CY2012 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1291000 | |
CY2012 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
573646000 | |
CY2012 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
283252000 | |
CY2012 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Use of Estimates</i></b></font></p> <p style="MARGIN-TOP: 12px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px" align="justify"><font style="FONT-FAMILY: Times New Roman" size="2">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, amount and timing of credit losses, prepayment rates, and other estimates that affect the reported amounts of certain assets and liabilities as of the date of the consolidated financial statements and the reported amounts of certain revenues and expenses during the reported period. It is likely that changes in these estimates (e.g., valuation changes due to supply and demand, credit performance, prepayments, interest rates, or other reasons) will occur in the near term. Our estimates are inherently subjective in nature and actual results could differ from our estimates and the differences could be material.</font></p> </div> | |
CY2012 | us-gaap |
Debt Instrument Interest Rate Terms
DebtInstrumentInterestRateTerms
|
Substantially all ABS issued pay variable rates of interest, which are indexed to one-, three-, or six-month LIBOR. | |
CY2012 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
82278000 | |
CY2012 | us-gaap |
Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
|
122386000 | |
CY2012 | rwt |
Number Of Variable Interest Entities Acquired And Consolidated
NumberOfVariableInterestEntitiesAcquiredAndConsolidated
|
26 | Entity |
CY2012 | rwt |
Number Of Facilities
NumberOfFacilities
|
11 | Contract |
CY2012 | rwt |
Debt Instrument Average Maturity Term
DebtInstrumentAverageMaturityTerm
|
P84D | |
CY2011Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
29322000 | |
CY2012 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
54921000 | |
CY2012 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
683532000 | |
CY2012 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
300000 | |
CY2012 | us-gaap |
Interest Expense
InterestExpense
|
120794000 | |
CY2012 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
70000 | |
CY2012 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
|
552000 | |
CY2012 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
131227000 | |
CY2012 | rwt |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities And Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesAndDerivativesArisingDuringPeriodNetOfTax
|
151483000 | |
CY2012 | rwt |
Stock Issued During Period Value Dividend Reinvestment And Employee Stock Purchase Plan
StockIssuedDuringPeriodValueDividendReinvestmentAndEmployeeStockPurchasePlan
|
38579000 | |
CY2012 | rwt |
Fixed Compensation Expense
FixedCompensationExpense
|
18095000 | |
CY2012 | rwt |
Variable Compensation Expense
VariableCompensationExpense
|
16676000 | |
CY2012 | rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
14976000 | |
CY2012 | rwt |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Matured Called Written Down
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsMaturedCalledWrittenDown
|
18127000 | |
CY2012 | rwt |
Amortization Of Leasehold Improvement
AmortizationOfLeaseholdImprovement
|
1000000 | |
CY2012 | rwt |
Operating Loss Carryforwards Expiration Year
OperatingLossCarryforwardsExpirationYear
|
2029 | |
CY2011Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
32361000 | |
CY2011Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18165000 | |
CY2011Q1 | us-gaap |
Interest Expense
InterestExpense
|
21972000 | |
CY2011Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.11 | |
CY2011Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2011Q2 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
52955000 | |
CY2011Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.12 | |
CY2012 | rwt |
Employee Stock Purchase Plan Minimum Percentage Of Common Stock Fair Value Defined To Purchase Shares By Eligible Participants
EmployeeStockPurchasePlanMinimumPercentageOfCommonStockFairValueDefinedToPurchaseSharesByEligibleParticipants
|
0.85 | pure |
CY2012 | rwt |
Prohibited Transaction Tax Rate
ProhibitedTransactionTaxRate
|
1.00 | pure |
CY2012 | rwt |
Other Market Valuation Adjustments Net
OtherMarketValuationAdjustmentsNet
|
-10163000 | |
CY2012 | rwt |
Net Interest Income Loss After Provision And Other Market Valuation Adjustments
NetInterestIncomeLossAfterProvisionAndOtherMarketValuationAdjustments
|
96779000 | |
CY2011Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.22 | |
CY2012 | rwt |
Mortgage Banking Activities Market Valuation Adjustments Net
MortgageBankingActivitiesMarketValuationAdjustmentsNet
|
25139000 | |
CY2012 | rwt |
Other Market Valuation Adjustments
OtherMarketValuationAdjustments
|
-7654000 | |
CY2012 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
46630000 | |
CY2012 | rwt |
Mortgage Banking Activities Derivative Instruments Net
MortgageBankingActivitiesDerivativeInstrumentsNet
|
-10609000 | |
CY2012 | rwt |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost Forfeitures
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCostForfeitures
|
1771000 | |
CY2012 | rwt |
Employee Stock Purchase Plan Number Of Shares Purchased By Employee
EmployeeStockPurchasePlanNumberOfSharesPurchasedByEmployee
|
207031 | shares |
CY2012 | rwt |
Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
|
-22653000 | |
CY2012 | rwt |
Principal Amount Of Loans Securitized During Period
PrincipalAmountOfLoansSecuritizedDuringPeriod
|
1970000000 | |
CY2012 | rwt |
Proceeds From Principal Repayments On Securities
ProceedsFromPrincipalRepaymentsOnSecurities
|
218447000 | |
CY2012 | rwt |
Share Based Compensation Arrangement By Share Based Payment Award Award Holding Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardHoldingPeriod
|
P3Y | |
CY2012 | rwt |
Proceeds From Sale Of Loans Held With Intent To Sell
ProceedsFromSaleOfLoansHeldWithIntentToSell
|
1809553000 | |
CY2011Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2011Q1 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
54333000 | |
CY2011Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.23 | |
CY2011Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9439000 | |
CY2011Q2 | us-gaap |
Interest Expense
InterestExpense
|
23633000 | |
CY2012Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.37 | |
CY2012Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2012Q1 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
58740000 | |
CY2012Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.38 | |
CY2012Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
28085000 | |
CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
30463000 | |
CY2012Q1 | us-gaap |
Interest Expense
InterestExpense
|
30655000 | |
CY2012Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | |
CY2012Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2012Q2 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
59523000 | |
CY2012Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.24 | |
CY2012Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
30642000 | |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
19527000 | |
CY2012Q2 | us-gaap |
Interest Expense
InterestExpense
|
28881000 | |
CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
CY2011Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2011Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
53396000 | |
CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | |
CY2011Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
29079000 | |
CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1297000 | |
CY2011Q3 | us-gaap |
Interest Expense
InterestExpense
|
24317000 | |
CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.48 | |
CY2012Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2012Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
59723000 | |
CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.48 | |
CY2012Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
31438000 | |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
39701000 | |
CY2012Q3 | us-gaap |
Interest Expense
InterestExpense
|
28285000 | |
CY2011Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.03 | |
CY2011Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2011Q4 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
56495000 | |
CY2011Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
CY2011Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
27380000 | |
CY2011Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2558000 | |
CY2011Q4 | us-gaap |
Interest Expense
InterestExpense
|
29115000 | |
CY2012Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.50 | |
CY2012Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2012Q4 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
53397000 | |
CY2012Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.50 | |
CY2012Q4 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
20426000 | |
CY2012Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
42078000 | |
CY2012Q4 | us-gaap |
Interest Expense
InterestExpense
|
32971000 |