$RWT
REDWOOD TRUST INC Stock $rwt

$rwt Overview Financials Valuation SEC Filings Company Website

2012 Q4 Form 10-K Financial Statement

#000119312514067839 Filed on February 26, 2014

Income Statement

Concept	2012 Q4	2012 Q3	2012 Q2
Revenue	$53.40M	$59.72M	$59.52M
YoY Change	-5.48%	11.85%	12.4%
Cost Of Revenue	$32.90M	$28.30M	$64.20M
YoY Change	961.29%	1032.0%	2575.0%
Gross Profit	$20.50M	$31.40M	-$4.700M
YoY Change	-61.54%	-38.31%	-109.29%
Gross Profit Margin	38.39%	52.58%	-7.9%
Selling, General & Admin	$14.40M	$16.20M	$14.40M
YoY Change	20.0%	44.64%	24.14%
% of Gross Profit	70.24%	51.59%
Research & Development		$1.225M	$1.303M
YoY Change		-42.33%	-31.96%
% of Gross Profit		3.9%
Depreciation & Amortization	$200.0K	$100.0K	$700.0K
YoY Change	-77.78%	-66.67%	250.0%
% of Gross Profit	0.98%	0.32%
Operating Expenses	-$5.300M	$17.10M	$15.17M
YoY Change	-110.23%	48.62%	25.47%
Operating Profit	$25.80M	$14.30M	-$19.87M
YoY Change	1620.0%	-63.7%	-151.58%
Interest Expense	$32.97M	$28.29M	$28.88M
YoY Change	13.24%	16.32%	22.21%
% of Operating Profit	127.79%	197.82%
Other Income/Expense, Net	$0.00		$110.5M
YoY Change
Pretax Income	$42.30M	$40.22M	$20.12M
YoY Change	-1726.92%	3015.18%	94.56%
Income Tax	$200.0K	$516.0K	$592.0K
% Of Pretax Income	0.47%	1.28%	2.94%
Net Earnings	$42.08M	$39.70M	$19.53M
YoY Change	-1744.96%	2960.99%	106.88%
Net Earnings / Revenue	78.8%	66.48%	32.81%
Basic Earnings Per Share	$0.50	$0.48	$0.24
Diluted Earnings Per Share	$0.50	$0.48	$0.24
COMMON SHARES
Basic Shares Outstanding	81.52M shares	79.69M shares	78.82M shares
Diluted Shares Outstanding		80.76M shares	78.82M shares

Balance Sheet

Concept	2012 Q4	2012 Q3	2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.190B	$1.352B	$1.381B
YoY Change	-4.74%	916.34%	1626.56%
Cash & Equivalents	$81.08M	$39.38M	$69.52M
Short-Term Investments	$1.109B	$1.312B	$1.312B
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	$88.00M	$46.00M	$81.00M
YoY Change	-68.0%	-67.61%	-6.9%
LONG-TERM ASSETS
Property, Plant & Equipment	$494.0K	$515.0K	$559.0K
YoY Change	-75.88%	-82.83%	-81.37%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.114B	$1.613B	$1.573B
YoY Change	-3.3%	41.0%	40.32%
Other Assets	$10.00M	$49.00M	$25.00M
YoY Change	-56.52%	88.46%	-40.48%
Total Long-Term Assets	$4.356B	$5.251B	$5.165B
YoY Change	-20.34%	-2.98%	1.72%
TOTAL ASSETS
Total Short-Term Assets	$88.00M	$46.00M	$81.00M
Total Long-Term Assets	$4.356B	$5.251B	$5.165B
Total Assets	$4.444B	$5.297B	$5.246B
YoY Change	-22.62%	-4.64%	1.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$31.00M	$48.00M	$22.00M
YoY Change	93.75%	200.0%	37.5%
Deferred Revenue
YoY Change
Short-Term Debt	$551.9M	$522.2M	$455.4M
YoY Change	28.94%		1010.78%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$583.0M	$570.0M	$477.0M
YoY Change	31.31%	1483.33%	519.48%
LONG-TERM LIABILITIES
Long-Term Debt	$2.669B	$3.569B	$3.703B
YoY Change	-37.63%	-19.49%	-6.94%
Other Long-Term Liabilities	$51.00M	$109.0M	$114.0M
YoY Change	-60.16%	-14.17%	37.35%
Total Long-Term Liabilities	$2.720B	$3.678B	$3.817B
YoY Change	-38.28%	-19.34%	-6.03%
TOTAL LIABILITIES
Total Short-Term Liabilities	$583.0M	$570.0M	$477.0M
Total Long-Term Liabilities	$2.720B	$3.678B	$3.817B
Total Liabilities	$3.304B	$4.247B	$4.295B
YoY Change	-31.89%	-7.58%	3.79%
SHAREHOLDERS EQUITY
Retained Earnings	$633.1M	$591.0M	$551.3M
YoY Change	26.29%
Common Stock	$1.745B	$1.741B	$1.707B
YoY Change	2.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.140B	$1.050B	$951.2M
YoY Change
Total Liabilities & Shareholders Equity	$4.444B	$5.297B	$5.246B
YoY Change	-22.62%	-4.63%	1.57%

Cashflow Statement

Concept	2012 Q4	2012 Q3	2012 Q2
OPERATING ACTIVITIES
Net Income	$42.08M	$39.70M	$19.53M
YoY Change	-1744.96%	2960.99%	106.88%
Depreciation, Depletion And Amortization	$200.0K	$100.0K	$700.0K
YoY Change	-77.78%	-66.67%	250.0%
Cash From Operating Activities	-$144.7M	-$199.0M	$14.10M
YoY Change	-6391.3%	1037.14%	-10.76%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$202.1M	$265.4M	$63.90M
YoY Change	-287.65%	-184.28%	-208.31%
Cash From Investing Activities	$202.1M	$265.4M	$63.90M
YoY Change	-287.65%	-184.28%	-208.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-15.80M	-96.50M	-157.9M
YoY Change	-106.61%	-125.01%	62.62%
NET CHANGE
Cash From Operating Activities	-144.7M	-199.0M	14.10M
Cash From Investing Activities	202.1M	265.4M	63.90M
Cash From Financing Activities	-15.80M	-96.50M	-157.9M
Net Change In Cash	41.60M	-30.10M	-79.90M
YoY Change	-68.89%	-156.37%	-43.05%
FREE CASH FLOW
Cash From Operating Activities	-$144.7M	-$199.0M	$14.10M
Capital Expenditures	$0.00	$0.00
Free Cash Flow	-$144.7M	-$199.0M
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
CY2014Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	82534625	shares
CY2013Q1	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.04625	pure
CY2013Q1	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	287500000
CY2013Q1	rwt	Debt Instrument Maturity Year DebtInstrumentMaturityYear	2018
CY2013Q1	rwt	Debt Instrument Redemption Date DebtInstrumentRedemptionDate	2018-04-15
CY2013Q2	dei	Entity Public Float EntityPublicFloat	1385595030
CY2010Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	53.13
CY2010Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	459115	shares
CY2010Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1075592000
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	46937000
CY2010Q4	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	121016000
CY2011Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	380779	shares
CY2011Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	53.91
CY2011Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	380779	shares
CY2011Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	53.91
CY2011Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	892584000
CY2011Q4	us-gaap	Employee Stock Ownership Plan Esop Repurchase Obligation Amount EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount	8000
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	267176000
CY2011Q4	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	78126000
CY2012Q4	invest	Derivative Notional Amount DerivativeNotionalAmount	1453000000
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	81716416	shares
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	287516	shares
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	666610	shares
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	287516	shares
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	54.18
CY2012Q4	us-gaap	Short Term Debt Weighted Average Interest Rate ShortTermDebtWeightedAverageInterestRate	0.0181	pure
CY2012Q4	us-gaap	Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1 AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1	22	Investment
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 Authorized CommonStockSharesAuthorized	165000000	shares
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
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	Common Stock Shares Outstanding CommonStockSharesOutstanding	81716416	shares
CY2012Q4	us-gaap	Interest Payable Current InterestPayableCurrent	1000000
CY2012Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Liabilities VariableInterestEntityConsolidatedCarryingAmountLiabilities	2532916000
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	138332000
CY2012Q4	us-gaap	Deferred Tax Liabilities Other Comprehensive Income DeferredTaxLiabilitiesOtherComprehensiveIncome	2445000
CY2012Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	20162000
CY2012Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	793000
CY2012Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Not Subject To Master Netting Arrangement DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotSubjectToMasterNettingArrangement	554128000
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1140164000
CY2012Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	551918000
CY2012Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	26902000
CY2012Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	147755000
CY2012Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral	603001000
CY2012Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1744554000
CY2012Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	51081000
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	633052000
CY2012Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
CY2012Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	4312000
CY2012Q4	us-gaap	Employee Stock Ownership Plan Esop Repurchase Obligation Amount EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount	3000
CY2012Q4	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	10000000
CY2012Q4	us-gaap	Other Liabilities OtherLiabilities	26902000
CY2012Q4	us-gaap	Long Term Debt LongTermDebt	139500000
CY2012Q4	us-gaap	Liabilities Liabilities	3303934000
CY2012Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	4592000
CY2012Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	-48000000
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	817000
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4444098000
CY2012Q4	us-gaap	Line Of Credit Facility Amount Outstanding LineOfCreditFacilityAmountOutstanding	0
CY2012Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross	603001000
CY2012Q4	us-gaap	Deferred Tax Assets Derivative Instruments DeferredTaxAssetsDerivativeInstruments	1163000
CY2012Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1684000
CY2012Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed	762000
CY2012Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	-48109000
CY2012Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards State And Local DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal	118886000
CY2012Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Amount Offset Against Collateral DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedAmountOffsetAgainstCollateral	2972000
CY2012Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	152067000
CY2012Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
CY2012Q4	us-gaap	Cumulative Dividends CumulativeDividends	1376591000
CY2012Q4	us-gaap	Margin Deposit Assets MarginDepositAssets	63424000
CY2012Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	4762000
CY2012Q4	us-gaap	Derivative Assets DerivativeAssets	2972000
CY2012Q4	us-gaap	Investments Investments	4343628000
CY2012Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Not Subject To Master Netting Arrangement DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotSubjectToMasterNettingArrangement	2210000
CY2012Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	2893117000
CY2012Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	5315000
CY2012Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	618000
CY2012Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash	48873000
CY2012Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	245000
CY2012Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	4245000
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	494000
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	383000
CY2012Q4	us-gaap	Assets Assets	4444098000
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	81080000
CY2012Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	153000
CY2012Q4	us-gaap	Interest Receivable InterestReceivable	12442000
CY2012Q4	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	50852000
CY2012Q4	us-gaap	Other Assets OtherAssets	75380000
CY2012Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	21684000
CY2012Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Domestic DeferredTaxAssetsOperatingLossCarryforwardsDomestic	12130000
CY2012Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	1075581000
CY2012Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	9293000
CY2012Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross	2972000
CY2012Q4	us-gaap	Marketable Securities MarketableSecurities	1108753000
CY2012Q4	us-gaap	Trading Securities TradingSecurities	33172000
CY2012Q4	us-gaap	Loans And Leases Receivable Net Reported Amount Consumer LoansAndLeasesReceivableNetReportedAmountConsumer	2835470000
CY2012Q4	us-gaap	Loans And Leases Receivable Net Reported Amount Commercial LoansAndLeasesReceivableNetReportedAmountCommercial	313010000
CY2012Q4	us-gaap	Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds	143885000
CY2012Q4	rwt	Number Of Securities Continuous Unrealized Loss Position More Than Twelve Months NumberOfSecuritiesContinuousUnrealizedLossPositionMoreThanTwelveMonths	14	Investment
CY2012Q4	rwt	Accrued Derivative Payable AccruedDerivativePayable	1980000
CY2012Q4	rwt	Deferred Tax Assets Capital Loss Carryforwards State And Local DeferredTaxAssetsCapitalLossCarryforwardsStateAndLocal	8774000
CY2012Q4	rwt	Number Of Available For Sale Securities NumberOfAvailableForSaleSecurities	284	Investment
CY2012Q4	rwt	Deferred Tax Assets Capital Loss Carryforwards Domestic DeferredTaxAssetsCapitalLossCarryforwardsDomestic	10869000
CY2012Q4	rwt	Accrued Expenses AccruedExpenses	855000
CY2012Q4	rwt	Deferred Tax Liabilities Real Estate Assets DeferredTaxLiabilitiesRealEstateAssets	1867000
CY2012Q4	rwt	Other Liabilities Miscellaneous OtherLiabilitiesMiscellaneous	3112000
CY2013Q4	invest	Derivative Notional Amount DerivativeNotionalAmount	1488922000
CY2013Q4	us-gaap	Debt Instrument Convertible Conversion Price1 DebtInstrumentConvertibleConversionPrice1	24.31
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	82504801	shares
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	79535	shares
CY2013Q4	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions	79535	shares
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	57.00
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	79535	shares
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	1683956	shares
CY2013Q4	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	4005985	shares
CY2013Q4	us-gaap	Short Term Debt Weighted Average Interest Rate ShortTermDebtWeightedAverageInterestRate	0.0142	pure
CY2013Q4	us-gaap	Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1 AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1	76	Investment
CY2013Q4	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1	57.00
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	57.00
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	180000000	shares
CY2013Q4	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	0	shares
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	79535	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	82504801	shares
CY2013Q4	us-gaap	Interest Payable Current InterestPayableCurrent	1000000
CY2013Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Liabilities VariableInterestEntityConsolidatedCarryingAmountLiabilities	1944911000
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	2250000
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	148766000
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	1199000
CY2013Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	22160000
CY2013Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	1337000
CY2013Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Not Subject To Master Netting Arrangement DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotSubjectToMasterNettingArrangement	918288000
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1245783000
CY2013Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	7316000
CY2013Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	862763000
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	11127000
CY2013Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Cash DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash	482000
CY2013Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	48704000
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	2111000
CY2013Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	119169000
CY2013Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral	930018000
CY2013Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1760899000
CY2013Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	18167000
CY2013Q4	us-gaap	Deferred Tax Liabilities Derivatives DeferredTaxLiabilitiesDerivatives	535000
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	806298000
CY2013Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
CY2013Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	35470000
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	2302000
CY2013Q4	us-gaap	Employee Stock Ownership Plan Esop Repurchase Obligation Amount EmployeeStockOwnershipPlanESOPRepurchaseObligationAmount	3000
CY2013Q4	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	10000000
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	1209000
CY2013Q4	us-gaap	Other Liabilities OtherLiabilities	48704000
CY2013Q4	us-gaap	Long Term Debt LongTermDebt	476467000
CY2013Q4	us-gaap	Liabilities Liabilities	3362745000
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	2056000
CY2013Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	6366000
CY2013Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	-16000000
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	825000
CY2013Q4	us-gaap	Litigation Reserve LitigationReserve	12000000
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4608528000
CY2013Q4	us-gaap	Line Of Credit Facility Amount Outstanding LineOfCreditFacilityAmountOutstanding	0
CY2013Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross	930018000
CY2013Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1850000
CY2013Q4	us-gaap	Loans Pledged As Collateral LoansPledgedAsCollateral	205000000
CY2013Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed	1164000
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	-10381000
CY2013Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards State And Local DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal	90138000
CY2013Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
CY2013Q4	us-gaap	Cumulative Dividends CumulativeDividends	1471005000
CY2013Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Amount Offset Against Collateral DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedAmountOffsetAgainstCollateral	7704000
CY2013Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	147323000
CY2013Q4	us-gaap	Margin Deposit Assets MarginDepositAssets	31149000
CY2013Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	170000
CY2013Q4	us-gaap	Derivative Assets DerivativeAssets	7787000
CY2013Q4	us-gaap	Investments Investments	4519775000
CY2013Q4	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	68000
CY2013Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Not Subject To Master Netting Arrangement DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotSubjectToMasterNettingArrangement	6058000
CY2013Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	-7316000
CY2013Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	2299576000
CY2013Q4	us-gaap	Servicing Asset At Fair Value Amount ServicingAssetAtFairValueAmount	64824000
CY2013Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	1655000
CY2013Q4	us-gaap	Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash	11730000
CY2013Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	170000
CY2013Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	3661000
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1232000
CY2013Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	398000
CY2013Q4	us-gaap	Assets Assets	4608528000
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	173201000
CY2013Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	8923000
CY2013Q4	us-gaap	Interest Receivable InterestReceivable	13475000
CY2013Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	0
CY2013Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals	5667000
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	0
CY2013Q4	us-gaap	Other Assets OtherAssets	53640000
CY2013Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	20730000
CY2013Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Domestic DeferredTaxAssetsOperatingLossCarryforwardsDomestic	10254000
CY2013Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	1558306000
CY2013Q4	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	37149000
CY2013Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	13453000
CY2013Q4	us-gaap	Other Restricted Assets OtherRestrictedAssets	5000000
CY2013Q4	us-gaap	Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross	7704000
CY2013Q4	us-gaap	Marketable Securities MarketableSecurities	1682861000
CY2013Q4	us-gaap	Trading Securities TradingSecurities	124555000
CY2013Q4	us-gaap	Loans And Leases Receivable Net Reported Amount Consumer LoansAndLeasesReceivableNetReportedAmountConsumer	2166434000
CY2013Q4	us-gaap	Loans And Leases Receivable Net Reported Amount Commercial LoansAndLeasesReceivableNetReportedAmountCommercial	432455000
CY2013Q4	us-gaap	Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds	392932000
CY2013Q4	us-gaap	Available For Sale Securities Pledged As Collateral AvailableForSaleSecuritiesPledgedAsCollateral	839000000
CY2013Q4	rwt	Percentage Difference Of Internal Valuation Than Dealer Marks PercentageDifferenceOfInternalValuationThanDealerMarks	0.02	pure
CY2013Q4	rwt	Percentage Of Dealer Quotes Received On Securities PercentageOfDealerQuotesReceivedOnSecurities	0.80	pure
CY2013Q4	rwt	Number Of Securities Continuous Unrealized Loss Position More Than Twelve Months NumberOfSecuritiesContinuousUnrealizedLossPositionMoreThanTwelveMonths	5	Investment
CY2013Q4	rwt	Accrued Derivative Payable AccruedDerivativePayable	4700000
CY2013Q4	rwt	Mortgage Loan Repurchase Reserve MortgageLoanRepurchaseReserve	1771000
CY2013Q4	rwt	Deferred Tax Assets Capital Loss Carryforwards State And Local DeferredTaxAssetsCapitalLossCarryforwardsStateAndLocal	34189000
CY2013Q4	rwt	Number Of Available For Sale Securities NumberOfAvailableForSaleSecurities	303	Investment
CY2013Q4	rwt	Debt Instrument Convertible Base Principal Amount Of Conversion DebtInstrumentConvertibleBasePrincipalAmountOfConversion	1000
CY2013Q4	rwt	Deferred Tax Assets Capital Loss Carryforwards Domestic DeferredTaxAssetsCapitalLossCarryforwardsDomestic	6905000
CY2013Q4	rwt	Accrued Expenses AccruedExpenses	4291000
CY2013Q4	rwt	Deferred Tax Liabilities Real Estate Assets DeferredTaxLiabilitiesRealEstateAssets	34935000
CY2013Q4	rwt	Minimum Percentage Of Taxable Income Distribution To Shareholders MinimumPercentageOfTaxableIncomeDistributionToShareholders	0.90	pure
CY2013Q4	rwt	Other Liabilities Miscellaneous OtherLiabilitiesMiscellaneous	2445000
CY2013Q4	rwt	Percentage Of Carrying Value For Which Dealer Quotes Were Received On Securities PercentageOfCarryingValueForWhichDealerQuotesWereReceivedOnSecurities	0.93	pure
CY2011	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.31
CY2011	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod		shares
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	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
CY2011	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.00
CY2011	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod	78336	shares
CY2011	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	78299510	shares
CY2011	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2011	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	17810000
CY2011	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
CY2011	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2011	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	78229510	shares
CY2011	us-gaap	Stock Issued During Period Value Employee Stock Ownership Plan StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan	-2778000
CY2011	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-9537000
CY2011	us-gaap	Payments Of Dividends PaymentsOfDividends	100686000
CY2011	us-gaap	Income Taxes Paid IncomeTaxesPaid	51000
CY2011	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	4503000
CY2011	us-gaap	Profit Loss ProfitLoss	25196000
CY2011	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	10946000
CY2011	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	127179000
CY2011	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-94983000
CY2011	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	128566000
CY2011	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	313580000
CY2011	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	8835000
CY2011	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	10946000
CY2011	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-42115000
CY2011	us-gaap	Payments For Proceeds From Derivative Instrument Financing Activities PaymentsForProceedsFromDerivativeInstrumentFinancingActivities	39926000
CY2011	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	11258000
CY2011	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	42348000
CY2011	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-88502000
CY2011	us-gaap	Interest Income Deposits With Financial Institutions InterestIncomeDepositsWithFinancialInstitutions	49000
CY2011	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	492561000
CY2011	us-gaap	Interest Paid InterestPaid	106757000
CY2011	us-gaap	Interest And Fee Income Loans Consumer Real Estate InterestAndFeeIncomeLoansConsumerRealEstate	81116000
CY2011	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	3103000
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	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	217179000
CY2011	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	118201000
CY2011	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	102050000
CY2011	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-99147000
CY2011	us-gaap	Available For Sale Securities Gross Realized Gains AvailableForSaleSecuritiesGrossRealizedGains	12665000
CY2011	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold	12317000
CY2011	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	10284000
CY2011	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	6988000
CY2011	us-gaap	Noninterest Income NoninterestIncome	-29071000
CY2011	us-gaap	Net Income Loss NetIncomeLoss	26343000
CY2011	us-gaap	Payments To Acquire Loans And Leases Held For Investment PaymentsToAcquireLoansAndLeasesHeldForInvestment	960014000
CY2011	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	31851000
CY2011	us-gaap	Transfer Of Portfolio Loans And Leases To Held For Sale1 TransferOfPortfolioLoansAndLeasesToHeldForSale1	393304000
CY2011	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-121326000
CY2011	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	332000
CY2011	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	9108000
CY2011	us-gaap	Dividends Common Stock DividendsCommonStock	81155000
CY2011	us-gaap	Interest Expense Short Term Borrowings InterestExpenseShortTermBorrowings	1031000
CY2011	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	1682000
CY2011	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	4164000
CY2011	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	9623000
CY2011	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3933000
CY2011	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	617983000
CY2011	us-gaap	Proceeds From Sale Of Loans Held For Investment ProceedsFromSaleOfLoansHeldForInvestment	2092000
CY2011	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	887974000
CY2011	us-gaap	Share Based Compensation ShareBasedCompensation	9108000
CY2011	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	6988000
CY2011	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1713000
CY2011	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	220239000
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	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	19000
CY2011	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	-15259000
CY2011	us-gaap	Operating Expenses OperatingExpenses	47741000
CY2011	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet	9472000
CY2011	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	42000
CY2011	us-gaap	Employee Stock Ownership Plan Esop Compensation Expense EmployeeStockOwnershipPlanESOPCompensationExpense	324000
CY2011	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-4243000
CY2011	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	9514000
CY2011	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	14112000
CY2011	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment	1428000
CY2011	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	400000
CY2011	us-gaap	Interest Expense InterestExpense	98978000
CY2011	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses	4557000
CY2011	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	9116000
CY2011	us-gaap	Severance Costs1 SeveranceCosts1	71000
CY2011	us-gaap	Available For Sale Securities Gross Realized Losses AvailableForSaleSecuritiesGrossRealizedLosses	3523000
CY2011	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	16151000
CY2011	us-gaap	Impairment Of Investments ImpairmentOfInvestments	15106000
CY2011	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	409009000
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	Professional Fees ProfessionalFees	4177000
CY2011	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	9067000
CY2011	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	86254000
CY2011	us-gaap	Labor And Related Expense LaborAndRelatedExpense	27399000
CY2011	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-415554000
CY2011	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	-5048000
CY2011	us-gaap	Other General Expense OtherGeneralExpense	2958000
CY2011	us-gaap	Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities	88433000
CY2011	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1147000
CY2011	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	7592000
CY2011	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	697499000
CY2011	rwt	Proceeds From Principal Repayments On Securities ProceedsFromPrincipalRepaymentsOnSecurities	166134000
CY2011	rwt	Other Than Temporary Impairment Credit Losses Recognized In Earnings Matured Called Written Down OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsMaturedCalledWrittenDown	36558000
CY2011	rwt	Market Valuation Adjustments Net MarketValuationAdjustmentsNet	-40017000
CY2011	rwt	Employee Stock Purchase Plan Number Of Shares Purchased By Employee EmployeeStockPurchasePlanNumberOfSharesPurchasedByEmployee	152212	shares
CY2011	rwt	Noncontrolling Interest Increase From Deconsolidation NoncontrollingInterestIncreaseFromDeconsolidation	256000
CY2011	rwt	Other Market Valuation Adjustments Net OtherMarketValuationAdjustmentsNet	-40017000
CY2011	rwt	Fixed Compensation Expense FixedCompensationExpense	15371000
CY2011	rwt	Variable Compensation Expense VariableCompensationExpense	2890000
CY2011	rwt	Stock Issued During Period Value Dividend Reinvestment And Stock Purchase Plan StockIssuedDuringPeriodValueDividendReinvestmentAndStockPurchasePlan	8791000
CY2013	dei	Trading Symbol TradingSymbol	RWT
CY2013	dei	Entity Registrant Name EntityRegistrantName	REDWOOD TRUST INC
CY2013	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2013	dei	Amendment Flag AmendmentFlag	false
CY2013	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2013	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
CY2013	dei	Document Type DocumentType	10-K
CY2013	dei	Document Period End Date DocumentPeriodEndDate	2013-12-31
CY2013	dei	Entity Central Index Key EntityCentralIndexKey	0000930236
CY2013	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2013	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2013	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2013	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2013	us-gaap	Debt Instrument Convertible Conversion Ratio1 DebtInstrumentConvertibleConversionRatio1	41.1320	pure
CY2013	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	50.15
CY2013	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.05
CY2013	us-gaap	Nature Of Operations NatureOfOperations	<div> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 10px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px"> <font style="FONT-FAMILY: 'Times New Roman'" size="2"><b><font style="FONT-FAMILY: 'Times New Roman'" size="2"><b>Note 1. Redwood Trust</b></font></b></font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 10px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-FAMILY: 'Times New Roman'" size="2"><font style="FONT-FAMILY: 'Times New Roman'" size="2">Redwood Trust, Inc., together with its subsidiaries, is an internally-managed specialty finance company focused on engaging in residential and commercial mortgage banking activities and investing in mortgage- and other real estate-related assets. We seek to invest in real estate-related assets that have the potential to generate attractive cash flow returns over time and to generate income through our mortgage banking activities. We operate our business in three segments: residential mortgage banking, residential investments, and commercial mortgage banking and investments.</font></font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 10px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-FAMILY: 'Times New Roman'" size="2"><font style="FONT-FAMILY: 'Times New Roman'" size="2">Our primary sources of income are net interest income from our investment portfolios and income from our mortgage banking activities. Net interest income consists of the interest income we earn less the interest expenses we incur on borrowed funds and other liabilities. Income from mortgage banking activities consists of the profit we seek to generate through the acquisition or orgination of loans and their subsequent sale or securitization. References herein to “Redwood,” the “company,” “we,” “us,” and “our” include Redwood Trust, Inc. and its consolidated subsidiaries, unless the context otherwise requires. We assume a range of risks in our investments and the level of risk is influenced by, among other factors, the manner in which we finance our purchases of, and derive income from, our investments.</font></font></p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: medium 'Times New Roman'; MARGIN-TOP: 10px; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px" align="justify"><font style="FONT-FAMILY: 'Times New Roman'" size="2"><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></font></p> </div>
CY2013	us-gaap	Effective Income Tax Rate Reconciliation Deductions EffectiveIncomeTaxRateReconciliationDeductions	-0.019	pure
CY2013	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod		shares
CY2013	us-gaap	Defined Contribution Plan Maximum Annual Contributions Per Employee Percent DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent	1.00	pure
CY2013	us-gaap	Effective Income Tax Rate Reconciliation Deductions Dividends EffectiveIncomeTaxRateReconciliationDeductionsDividends	-0.170	pure
CY2013	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice	53.15
CY2013	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.94
CY2013	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.12
CY2013	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod	204965	shares
CY2013	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	93694924	shares
CY2013	us-gaap	Mortgage Loans On Real Estate Interest Rate MortgageLoansOnRealEstateInterestRate	0.00	pure
CY2013	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1957081	shares
CY2013	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.340	pure
CY2013	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2013	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit	60
CY2013	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	9751946	shares
CY2013	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2018-04-15
CY2013	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.059	pure
CY2013	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.164	pure
CY2013	us-gaap	Debt Instrument Interest Rate During Period DebtInstrumentInterestRateDuringPeriod	0.0549	pure
CY2013	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-221829000
CY2013	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
CY2013	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.072	pure
CY2013	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	3016	shares
CY2013	us-gaap	Use Of Estimates UseOfEstimates	<div> <p style="MARGIN-TOP: 10px; 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: 10px; 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, amounts and timing of credit losses, prepayment rates, and other estimates that affect the reported amounts of certain assets and liabilities as of the date of the consolidated financial statements and the reported amounts of certain revenues and expenses during the reported 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>
CY2013	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.
CY2013	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2013	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	81985897	shares
CY2013	us-gaap	Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit	0
CY2013	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	Segment
CY2013	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2	P8M27D
CY2013	us-gaap	Stock Issued During Period Value Employee Stock Ownership Plan StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan	-5342000
CY2013	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	15000
CY2013	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	65000
CY2013	us-gaap	Payments Of Dividends PaymentsOfDividends	94413000
CY2013	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	8314000
CY2013	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	7766203000
CY2013	us-gaap	Income Taxes Paid IncomeTaxesPaid	3397000
CY2013	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	9184000
CY2013	us-gaap	Profit Loss ProfitLoss	173246000
CY2013	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	25259000
CY2013	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	115563000
CY2013	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	183680000
CY2013	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	488598000
CY2013	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	6350619000
CY2013	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	43420000
CY2013	us-gaap	Payments To Acquire Mortgage Servicing Rights Msr PaymentsToAcquireMortgageServicingRightsMSR	3106000
CY2013	us-gaap	Real Estate Other Deductions RealEstateOtherDeductions	1000000
CY2013	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	27000
CY2013	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	36290000
CY2013	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	32079000
CY2013	us-gaap	Payments For Proceeds From Derivative Instrument Financing Activities PaymentsForProceedsFromDerivativeInstrumentFinancingActivities	7000
CY2013	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	4711000
CY2013	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	42451000
CY2013	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	-12001000
CY2013	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-1918000
CY2013	us-gaap	Interest Income Deposits With Financial Institutions InterestIncomeDepositsWithFinancialInstitutions	157000
CY2013	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	584400000
CY2013	us-gaap	Interest Paid InterestPaid	85418000
CY2013	us-gaap	Interest And Fee Income Loans Consumer Real Estate InterestAndFeeIncomeLoansConsumerRealEstate	67016000
CY2013	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	5861000
CY2013	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	184194000
CY2013	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	226156000
CY2013	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	145185000
CY2013	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	140448000
CY2013	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	183680000
CY2013	us-gaap	Available For Sale Securities Gross Realized Gains AvailableForSaleSecuritiesGrossRealizedGains	24613000
CY2013	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold	5811000
CY2013	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	24765000
CY2013	us-gaap	Shortterm Debt Average Outstanding Amount ShorttermDebtAverageOutstandingAmount	989000000
CY2013	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	9174000
CY2013	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	5000000
CY2013	us-gaap	Noninterest Income NoninterestIncome	140535000
CY2013	us-gaap	Net Income Loss NetIncomeLoss	173246000
CY2013	us-gaap	Payments To Acquire Loans And Leases Held For Investment PaymentsToAcquireLoansAndLeasesHeldForInvestment	65771000
CY2013	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	26165000
CY2013	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	10434000
CY2013	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	518000
CY2013	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	13547000
CY2013	us-gaap	Dividends Common Stock DividendsCommonStock	94414000
CY2013	us-gaap	Interest Expense Short Term Borrowings InterestExpenseShortTermBorrowings	17436000
CY2013	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	6846000
CY2013	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	29276000
CY2013	us-gaap	Proceeds From Collection Of Loans Held For Sale ProceedsFromCollectionOfLoansHeldForSale	19030000
CY2013	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3503000
CY2013	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-37386000
CY2013	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	7405088000
CY2013	us-gaap	Proceeds From Sale Of Loans Held For Investment ProceedsFromSaleOfLoansHeldForInvestment	440000
CY2013	us-gaap	Share Based Compensation ShareBasedCompensation	13547000
CY2013	us-gaap	Depreciation And Amortization DepreciationAndAmortization	388000
CY2013	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	92121000
CY2013	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	44063000
CY2013	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	142000
CY2013	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	2000000
CY2013	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	3490000
CY2013	us-gaap	Available For Sale Securities Gross Unrealized Loss AvailableForSaleSecuritiesGrossUnrealizedLoss	23000000
CY2013	us-gaap	Operating Expenses OperatingExpenses	84789000
CY2013	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet	1833000
CY2013	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	10948000
CY2013	us-gaap	Employee Stock Ownership Plan Esop Compensation Expense EmployeeStockOwnershipPlanESOPCompensationExpense	518000
CY2013	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-281000
CY2013	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	23819000
CY2013	us-gaap	Other Noninterest Expense OtherNoninterestExpense	12000000
CY2013	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment	137000
CY2013	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	200000
CY2013	us-gaap	Interest Expense InterestExpense	80971000
CY2013	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	8667000
CY2013	us-gaap	Severance Costs1 SeveranceCosts1	3879000
CY2013	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	7316000
CY2013	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	11570000
CY2013	us-gaap	Available For Sale Securities Gross Realized Losses AvailableForSaleSecuritiesGrossRealizedLosses	214000
CY2013	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	4737000
CY2013	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	336994000
CY2013	us-gaap	Impairment Of Investments ImpairmentOfInvestments	4532000
CY2013	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	523900000
CY2013	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	26442000
CY2013	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	3632000
CY2013	us-gaap	Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest	2699000
CY2013	us-gaap	Professional Fees ProfessionalFees	6263000
CY2013	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	10077000
CY2013	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	220535000
CY2013	us-gaap	Labor And Related Expense LaborAndRelatedExpense	55570000
CY2013	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	351336000
CY2013	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	20008000
CY2013	us-gaap	Other General Expense OtherGeneralExpense	2721000
CY2013	us-gaap	Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities	39716000
CY2013	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	9886000
CY2013	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	6661464000
CY2013	us-gaap	Other Than Temporary Impairment Losses Investments Availableforsale Securities OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities	5000000
CY2013	us-gaap	Real Estate Acquisitions Through Foreclosures RealEstateAcquisitionsThroughForeclosures	5000000
CY2013	rwt	Number Of Facilities NumberOfFacilities	13	Contract
CY2013	rwt	Principal Amount Of Loans Securitized During Period PrincipalAmountOfLoansSecuritizedDuringPeriod	4800000000
CY2013	rwt	Other Market Valuation Adjustments OtherMarketValuationAdjustments	-5709000
CY2013	rwt	Debt Instrument Average Maturity Term DebtInstrumentAverageMaturityTerm	P61D
CY2013	rwt	Number Of Variable Interest Entities Acquired And Consolidated NumberOfVariableInterestEntitiesAcquiredAndConsolidated	26	Entity
CY2013	rwt	Mortgage Banking Activities Market Valuation Adjustments Net MortgageBankingActivitiesMarketValuationAdjustmentsNet	89645000
CY2013	rwt	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost Forfeitures SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCostForfeitures	2447000
CY2013	rwt	Proceeds From Principal Repayments On Securities ProceedsFromPrincipalRepaymentsOnSecurities	163951000
CY2013	rwt	Other Than Temporary Impairment Credit Losses Recognized In Earnings Matured Called Written Down OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsMaturedCalledWrittenDown	8029000
CY2013	rwt	Share Based Compensation Arrangement By Share Based Payment Award Award Holding Period ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardHoldingPeriod	P3Y
CY2013	rwt	Prohibited Transaction Tax Rate ProhibitedTransactionTaxRate	1.00	pure
CY2013	rwt	Mortgage Banking Activities Derivative Instruments Net MortgageBankingActivitiesDerivativeInstrumentsNet	51162000
CY2013	rwt	Market Valuation Adjustments Net MarketValuationAdjustmentsNet	95931000
CY2013	rwt	Employee Stock Purchase Plan Minimum Percentage Of Common Stock Fair Value Defined To Purchase Shares By Eligible Participants EmployeeStockPurchasePlanMinimumPercentageOfCommonStockFairValueDefinedToPurchaseSharesByEligibleParticipants	0.85	pure
CY2013	rwt	Employee Stock Purchase Plan Number Of Shares Purchased By Employee EmployeeStockPurchasePlanNumberOfSharesPurchasedByEmployee	243020	shares
CY2013	rwt	Payments For Proceeds From Derivative Instrument Operating Activities PaymentsForProceedsFromDerivativeInstrumentOperatingActivities	45447000
CY2013	rwt	Other Market Valuation Adjustments Net OtherMarketValuationAdjustmentsNet	-5709000
CY2013	rwt	Mortgage Servicing Expense MortgageServicingExpense	925000
CY2013	rwt	Fixed Compensation Expense FixedCompensationExpense	23248000
CY2013	rwt	Variable Compensation Expense VariableCompensationExpense	18366000
CY2013	rwt	Mortgage Banking Activities Net MortgageBankingActivitiesNet	100676000
CY2013	rwt	Stock Issued During Period Value Dividend Reinvestment And Stock Purchase Plan StockIssuedDuringPeriodValueDividendReinvestmentAndStockPurchasePlan	8148000
CY2012	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	8970000
CY2012	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	-11702000
CY2013	rwt	Mortgage Servicing Rights Income Including Market Valuation Changes Of Ms Rs MortgageServicingRightsIncomeIncludingMarketValuationChangesOfMSRs	20309000
CY2013	rwt	Total Net Change In Market Value Related To Mortgage Servicing Rights TotalNetChangeInMarketValueRelatedToMortgageServicingRights	11995000
CY2013	rwt	Loan Purchase Sale Commitment Valuations LoanPurchaseSaleCommitmentValuations	-399000
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	Earnings Per Share Basic EarningsPerShareBasic	1.61
CY2012	us-gaap	Effective Income Tax Rate Reconciliation Deductions EffectiveIncomeTaxRateReconciliationDeductions	0.010	pure
CY2012	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod		shares
CY2012	us-gaap	Effective Income Tax Rate Reconciliation Deductions Dividends EffectiveIncomeTaxRateReconciliationDeductionsDividends	-0.191	pure
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	Earnings Per Share Diluted EarningsPerShareDiluted	1.59
CY2012	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.00
CY2012	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod	88763	shares
CY2012	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	80673682	shares
CY2012	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1143732	shares
CY2012	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.340	pure
CY2012	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2012	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.010	pure
CY2012	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.221	pure
CY2012	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-563347000
CY2012	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
CY2012	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.072	pure
CY2012	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	4500	shares
CY2012	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2012	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	79529950	shares
CY2012	us-gaap	Stock Issued During Period Value Employee Stock Ownership Plan StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan	-1816000
CY2012	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-200000
CY2012	us-gaap	Late Fee Income Generated By Servicing Financial Assets Amount LateFeeIncomeGeneratedByServicingFinancialAssetsAmount	8000
CY2012	us-gaap	Payments Of Dividends PaymentsOfDividends	82278000
CY2012	us-gaap	Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets	623000
CY2012	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	2335865000
CY2012	us-gaap	Income Taxes Paid IncomeTaxesPaid	312000
CY2012	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	4486000
CY2012	us-gaap	Profit Loss ProfitLoss	131769000
CY2012	us-gaap	Realized Investment Gains Losses RealizedInvestmentGainsLosses	54921000
CY2012	us-gaap	Interest Income Securities Mortgage Backed InterestIncomeSecuritiesMortgageBacked	122386000
CY2012	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	283252000
CY2012	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	358720000
CY2012	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	1334479000
CY2012	us-gaap	Interest And Fee Income Loans Commercial Real Estate InterestAndFeeIncomeLoansCommercialRealEstate	26759000
CY2012	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	75790000
CY2012	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	3987000
CY2012	us-gaap	Payments For Proceeds From Derivative Instrument Financing Activities PaymentsForProceedsFromDerivativeInstrumentFinancingActivities	23702000
CY2012	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	-8762000
CY2012	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	131227000
CY2012	us-gaap	Interest Income Deposits With Financial Institutions InterestIncomeDepositsWithFinancialInstitutions	70000
CY2012	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	683532000
CY2012	us-gaap	Interest Paid InterestPaid	114908000
CY2012	us-gaap	Interest And Fee Income Loans Consumer Real Estate InterestAndFeeIncomeLoansConsumerRealEstate	82169000
CY2012	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2298000
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	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	231384000
CY2012	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	110679000
CY2012	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	107031000
CY2012	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	283252000
CY2012	us-gaap	Available For Sale Securities Gross Realized Gains AvailableForSaleSecuritiesGrossRealizedGains	33909000
CY2012	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold	10024000
CY2012	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	32451000
CY2012	us-gaap	Shortterm Debt Average Outstanding Amount ShorttermDebtAverageOutstandingAmount	487000000
CY2012	us-gaap	Contractually Specified Servicing Fees Amount ContractuallySpecifiedServicingFeesAmount	799000
CY2012	us-gaap	Noninterest Income NoninterestIncome	91388000
CY2012	us-gaap	Net Income Loss NetIncomeLoss	131769000
CY2012	us-gaap	Payments To Acquire Loans And Leases Held For Investment PaymentsToAcquireLoansAndLeasesHeldForInvestment	156344000
CY2012	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	12803000
CY2012	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	151483000
CY2012	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	474000
CY2012	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	9842000
CY2012	us-gaap	Dividends Common Stock DividendsCommonStock	82278000
CY2012	us-gaap	Interest Expense Short Term Borrowings InterestExpenseShortTermBorrowings	9390000
CY2012	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	3838000
CY2012	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	36509000
CY2012	us-gaap	Proceeds From Collection Of Loans Held For Sale ProceedsFromCollectionOfLoansHeldForSale	9904000
CY2012	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3628000
CY2012	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-459181000
CY2012	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	1696433000
CY2012	us-gaap	Proceeds From Sale Of Loans Held For Investment ProceedsFromSaleOfLoansHeldForInvestment	357742000
CY2012	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	174191000
CY2012	us-gaap	Share Based Compensation ShareBasedCompensation	9842000
CY2012	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1873000
CY2012	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-186096000
CY2012	us-gaap	Servicing Asset At Fair Value Additions ServicingAssetAtFairValueAdditions	7329000
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	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	944000
CY2012	us-gaap	Operating Expenses OperatingExpenses	65359000
CY2012	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet	2509000
CY2012	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1291000
CY2012	us-gaap	Employee Stock Ownership Plan Esop Compensation Expense EmployeeStockOwnershipPlanESOPCompensationExpense	479000
CY2012	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-14821000
CY2012	rwt	Mortgage Servicing Rights Income Including Market Valuation Changes Of Ms Rs MortgageServicingRightsIncomeIncludingMarketValuationChangesOfMSRs	-1391000
CY2012	us-gaap	Interest Expense Long Term Debt InterestExpenseLongTermDebt	9583000
CY2012	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment	325000
CY2012	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	300000
CY2012	us-gaap	Interest Expense InterestExpense	120705000
CY2012	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses	552000
CY2012	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	39062000
CY2012	us-gaap	Severance Costs1 SeveranceCosts1	215000
CY2012	us-gaap	Available For Sale Securities Gross Realized Losses AvailableForSaleSecuritiesGrossRealizedLosses	1600000
CY2012	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	3648000
CY2012	us-gaap	Impairment Of Investments ImpairmentOfInvestments	3536000
CY2012	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	573646000
CY2012	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	24660000
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	Professional Fees ProfessionalFees	5197000
CY2012	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	9784000
CY2012	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	201461000
CY2012	us-gaap	Labor And Related Expense LaborAndRelatedExpense	44599000
CY2012	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	836432000
CY2012	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax	-1448000
CY2012	us-gaap	Other General Expense OtherGeneralExpense	2758000
CY2012	us-gaap	Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities	101732000
CY2012	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	5339000
CY2012	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	1458341000
CY2012	rwt	Number Of Facilities NumberOfFacilities	11	Contract
CY2012	rwt	Principal Amount Of Loans Securitized During Period PrincipalAmountOfLoansSecuritizedDuringPeriod	1090000000
CY2012	rwt	Other Market Valuation Adjustments OtherMarketValuationAdjustments	1539000
CY2012	rwt	Debt Instrument Average Maturity Term DebtInstrumentAverageMaturityTerm	P84D
CY2012	rwt	Number Of Variable Interest Entities Acquired And Consolidated NumberOfVariableInterestEntitiesAcquiredAndConsolidated	26	Entity
CY2012	rwt	Mortgage Banking Activities Market Valuation Adjustments Net MortgageBankingActivitiesMarketValuationAdjustmentsNet	15451000
CY2012	rwt	Proceeds From Principal Repayments On Securities ProceedsFromPrincipalRepaymentsOnSecurities	218447000
CY2012	rwt	Other Than Temporary Impairment Credit Losses Recognized In Earnings Matured Called Written Down OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsMaturedCalledWrittenDown	18127000
CY2012	rwt	Mortgage Banking Activities Derivative Instruments Net MortgageBankingActivitiesDerivativeInstrumentsNet	-10609000
CY2012	rwt	Market Valuation Adjustments Net MarketValuationAdjustmentsNet	14976000
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	Other Market Valuation Adjustments Net OtherMarketValuationAdjustmentsNet	1539000
CY2012	rwt	Mortgage Servicing Expense MortgageServicingExpense	184000
CY2012	rwt	Fixed Compensation Expense FixedCompensationExpense	17880000
CY2012	rwt	Variable Compensation Expense VariableCompensationExpense	16720000
CY2012	rwt	Mortgage Banking Activities Net MortgageBankingActivitiesNet	36319000
CY2012	rwt	Stock Issued During Period Value Dividend Reinvestment And Stock Purchase Plan StockIssuedDuringPeriodValueDividendReinvestmentAndStockPurchasePlan	38580000
CY2013Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.28
CY2013Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	53525000
CY2012	rwt	Total Net Change In Market Value Related To Mortgage Servicing Rights TotalNetChangeInMarketValueRelatedToMortgageServicingRights	-2014000
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.72
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.69
CY2013Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	35223000
CY2013Q1	us-gaap	Available For Sale Securities Gross Realized Gains AvailableForSaleSecuritiesGrossRealizedGains	12000000
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	60160000
CY2013Q1	us-gaap	Interest Expense InterestExpense	18302000
CY2013Q1	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	279000000
CY2012Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.38
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	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 Basic EarningsPerShareBasic	0.24
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	Interest Income Expense Net InterestIncomeExpenseNet	30642000
CY2012Q2	us-gaap	Net Income Loss NetIncomeLoss	19527000
CY2012Q2	us-gaap	Interest Expense InterestExpense	28881000
CY2013Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.78
CY2013Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.71
CY2013Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.28
CY2013Q2	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	57719000
CY2013Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	36303000
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	65573000
CY2013Q2	us-gaap	Interest Expense InterestExpense	21416000
CY2012Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.48
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	Interest Income Expense Net InterestIncomeExpenseNet	31438000
CY2012Q3	us-gaap	Net Income Loss NetIncomeLoss	39701000
CY2012Q3	us-gaap	Interest Expense InterestExpense	28285000
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.26
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.25
CY2013Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.28
CY2013Q3	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	57420000
CY2013Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	35695000
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	21929000
CY2013Q3	us-gaap	Interest Expense InterestExpense	21725000
CY2012Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.50
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	Interest Income Expense Net InterestIncomeExpenseNet	20426000
CY2012Q4	us-gaap	Net Income Loss NetIncomeLoss	42078000
CY2012Q4	us-gaap	Interest Expense InterestExpense	32971000
CY2013Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.30
CY2013Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
CY2013Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.28
CY2013Q4	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	57492000
CY2013Q4	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	37964000
CY2013Q4	us-gaap	Net Income Loss NetIncomeLoss	25134000
CY2013Q4	us-gaap	Interest Expense InterestExpense	19528000

Files In Submission

Name	View Source	Status
0001193125-14-067839-index-headers.html	Edgar Link	pending
0001193125-14-067839-index.html	Edgar Link	pending
0001193125-14-067839.txt	Edgar Link	pending
0001193125-14-067839-xbrl.zip	Edgar Link	pending
d640804d10k.htm	Edgar Link	pending
d640804dex1015.htm	Edgar Link	pending
d640804dex12.htm	Edgar Link	pending
d640804dex21.htm	Edgar Link	pending
d640804dex23.htm	Edgar Link	pending
d640804dex311.htm	Edgar Link	pending
d640804dex312.htm	Edgar Link	pending
d640804dex321.htm	Edgar Link	pending
d640804dex322.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
g64080442.jpg	Edgar Link	pending
g64080467.jpg	Edgar Link	pending
g640804d36.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R100.htm	Edgar Link	pending
R101.htm	Edgar Link	pending
R102.htm	Edgar Link	pending
R103.htm	Edgar Link	pending
R104.htm	Edgar Link	pending
R105.htm	Edgar Link	pending
R106.htm	Edgar Link	pending
R107.htm	Edgar Link	pending
R108.htm	Edgar Link	pending
R109.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R110.htm	Edgar Link	pending
R111.htm	Edgar Link	pending
R112.htm	Edgar Link	pending
R113.htm	Edgar Link	pending
R114.htm	Edgar Link	pending
R115.htm	Edgar Link	pending
R116.htm	Edgar Link	pending
R117.htm	Edgar Link	pending
R118.htm	Edgar Link	pending
R119.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R120.htm	Edgar Link	pending
R121.htm	Edgar Link	pending
R122.htm	Edgar Link	pending
R123.htm	Edgar Link	pending
R124.htm	Edgar Link	pending
R125.htm	Edgar Link	pending
R126.htm	Edgar Link	pending
R127.htm	Edgar Link	pending
R128.htm	Edgar Link	pending
R129.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R130.htm	Edgar Link	pending
R131.htm	Edgar Link	pending
R132.htm	Edgar Link	pending
R133.htm	Edgar Link	pending
R134.htm	Edgar Link	pending
R135.htm	Edgar Link	pending
R136.htm	Edgar Link	pending
R137.htm	Edgar Link	pending
R138.htm	Edgar Link	pending
R139.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R140.htm	Edgar Link	pending
R141.htm	Edgar Link	pending
R142.htm	Edgar Link	pending
R143.htm	Edgar Link	pending
R144.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R82.htm	Edgar Link	pending
R83.htm	Edgar Link	pending
R84.htm	Edgar Link	pending
R85.htm	Edgar Link	pending
R86.htm	Edgar Link	pending
R87.htm	Edgar Link	pending
R88.htm	Edgar Link	pending
R89.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R90.htm	Edgar Link	pending
R91.htm	Edgar Link	pending
R92.htm	Edgar Link	pending
R93.htm	Edgar Link	pending
R94.htm	Edgar Link	pending
R95.htm	Edgar Link	pending
R96.htm	Edgar Link	pending
R97.htm	Edgar Link	pending
R98.htm	Edgar Link	pending
R99.htm	Edgar Link	pending
report.css	Edgar Link	pending
rwt-20131231.xml	Edgar Link	completed
rwt-20131231.xsd	Edgar Link	pending
rwt-20131231_cal.xml	Edgar Link	unprocessable
rwt-20131231_def.xml	Edgar Link	unprocessable
rwt-20131231_lab.xml	Edgar Link	unprocessable
rwt-20131231_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$RWT
REDWOOD TRUST INC Stock $rwt

2012 Q4 Form 10-K Financial Statement

#000119312514067839 Filed on February 26, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RWT REDWOOD TRUST INC Stock $rwt

2012 Q4 Form 10-K Financial Statement

#000119312514067839 Filed on February 26, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$RWT
REDWOOD TRUST INC Stock $rwt