2014 Q4 Form 10-Q Financial Statement
#000119312514403401 Filed on November 07, 2014
Income Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
Revenue | $65.25M | $63.35M | $57.42M |
YoY Change | 13.5% | 10.33% | -3.86% |
Cost Of Revenue | $23.90M | $23.40M | $21.70M |
YoY Change | 23.83% | 7.83% | -23.32% |
Gross Profit | $41.30M | $40.00M | $35.70M |
YoY Change | 8.12% | 12.04% | 13.69% |
Gross Profit Margin | 63.29% | 63.14% | 62.17% |
Selling, General & Admin | $23.20M | $18.10M | $19.50M |
YoY Change | 48.72% | -7.18% | 20.37% |
% of Gross Profit | 56.17% | 45.25% | 54.62% |
Research & Development | $3.463M | $2.780M | |
YoY Change | 24.57% | 126.94% | |
% of Gross Profit | 8.66% | 7.79% | |
Depreciation & Amortization | $100.0K | $200.0K | $100.0K |
YoY Change | 0.0% | 100.0% | 0.0% |
% of Gross Profit | 0.24% | 0.5% | 0.28% |
Operating Expenses | $26.46M | $21.41M | -$22.32M |
YoY Change | -234.53% | -195.91% | -230.51% |
Operating Profit | $14.84M | $18.59M | $58.02M |
YoY Change | -74.36% | -67.95% | 305.79% |
Interest Expense | $23.90M | $23.35M | $21.73M |
YoY Change | 22.4% | 7.48% | -23.19% |
% of Operating Profit | 161.09% | 125.58% | 37.44% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $24.20M | $50.31M | $16.99M |
YoY Change | -10.37% | 196.05% | -57.74% |
Income Tax | -$3.000M | $5.213M | -$4.935M |
% Of Pretax Income | -12.4% | 10.36% | -29.04% |
Net Earnings | $27.12M | $45.10M | $21.93M |
YoY Change | 7.91% | 105.65% | -44.76% |
Net Earnings / Revenue | 41.57% | 71.19% | 38.19% |
Basic Earnings Per Share | $0.32 | $0.53 | $0.26 |
Diluted Earnings Per Share | $0.31 | $0.50 | $0.25 |
COMMON SHARES | |||
Basic Shares Outstanding | 83.28M shares | 83.02M shares | 82.20M shares |
Diluted Shares Outstanding | 96.96M shares | 84.42M shares |
Balance Sheet
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.649B | $1.545B | $1.529B |
YoY Change | -11.16% | 1.0% | 13.14% |
Cash & Equivalents | $269.7M | $149.6M | $204.6M |
Short-Term Investments | $1.379B | $1.395B | $1.325B |
Other Short-Term Assets | $3.000M | $2.000M | $2.000M |
YoY Change | 50.0% | 0.0% | 0.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $338.0M | $208.0M | $255.0M |
YoY Change | 64.08% | -18.43% | 454.35% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.008M | $2.273M | $1.065M |
YoY Change | 144.16% | 113.43% | 106.8% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $1.519B | $1.530B | $1.385B |
YoY Change | -13.1% | 10.47% | -14.14% |
Other Assets | $17.00M | $22.00M | $15.00M |
YoY Change | 21.43% | 46.67% | -69.39% |
Total Long-Term Assets | $5.581B | $5.404B | $4.405B |
YoY Change | 26.77% | 22.69% | -16.12% |
TOTAL ASSETS | |||
Total Short-Term Assets | $338.0M | $208.0M | $255.0M |
Total Long-Term Assets | $5.581B | $5.404B | $4.405B |
Total Assets | $5.919B | $5.612B | $4.660B |
YoY Change | 28.44% | 20.44% | -12.03% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.112M | ||
YoY Change | |||
Accrued Expenses | $33.00M | $29.00M | $48.00M |
YoY Change | -40.0% | -39.58% | 0.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.794B | $1.888B | $838.3M |
YoY Change | 107.92% | 125.18% | 60.53% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.827B | $1.921B | $886.0M |
YoY Change | 99.02% | 116.82% | 55.44% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.740B | $2.353B | $2.533B |
YoY Change | 13.27% | -7.11% | -29.03% |
Other Long-Term Liabilities | $86.00M | $64.00M | $33.00M |
YoY Change | 377.78% | 93.94% | -69.72% |
Total Long-Term Liabilities | $2.826B | $2.417B | $2.566B |
YoY Change | 15.96% | -5.81% | -30.23% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.827B | $1.921B | $886.0M |
Total Long-Term Liabilities | $2.826B | $2.417B | $2.566B |
Total Liabilities | $4.663B | $4.345B | $3.452B |
YoY Change | 38.66% | 25.86% | -18.71% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $906.9M | $879.7M | $781.2M |
YoY Change | 12.47% | 12.62% | 32.18% |
Common Stock | $1.775B | $1.769B | $1.759B |
YoY Change | 0.75% | 0.62% | 1.03% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.266B | $1.267B | $1.207B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $5.919B | $5.612B | $4.660B |
YoY Change | 28.44% | 20.44% | -12.03% |
Cashflow Statement
Concept | 2014 Q4 | 2014 Q3 | 2013 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $27.12M | $45.10M | $21.93M |
YoY Change | 7.91% | 105.65% | -44.76% |
Depreciation, Depletion And Amortization | $100.0K | $200.0K | $100.0K |
YoY Change | 0.0% | 100.0% | 0.0% |
Cash From Operating Activities | -$257.8M | -$747.1M | $547.0M |
YoY Change | -197.8% | -236.58% | -374.87% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$4.300M | -$38.70M | -$3.100M |
YoY Change | 1148.39% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $115.6M | $593.0M | $205.1M |
YoY Change | -162.69% | 189.13% | -22.72% |
Cash From Investing Activities | $111.3M | $554.2M | $202.0M |
YoY Change | -160.36% | 174.36% | -23.89% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 266.7M | 185.4M | -752.0M |
YoY Change | -340.92% | -124.65% | 679.27% |
NET CHANGE | |||
Cash From Operating Activities | -257.8M | -747.1M | 547.0M |
Cash From Investing Activities | 111.3M | 554.2M | 202.0M |
Cash From Financing Activities | 266.7M | 185.4M | -752.0M |
Net Change In Cash | 120.2M | -7.500M | -3.000M |
YoY Change | -481.59% | 150.0% | -90.03% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$257.8M | -$747.1M | $547.0M |
Capital Expenditures | -$4.300M | -$38.70M | -$3.100M |
Free Cash Flow | -$253.5M | -$708.4M | $550.1M |
YoY Change | -196.17% | -228.78% | -376.43% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q3 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
|
1925846000 | |
CY2014Q3 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Cash
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash
|
1525000 | |
CY2007Q4 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
5000000 | shares |
CY2014Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
83283922 | shares |
CY2013Q2 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
42674000 | |
CY2013Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.04625 | pure |
CY2013Q1 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
287500000 | |
CY2013Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1207170000 | |
CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
204646000 | |
CY2013Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
38622000 | |
CY2013Q3 | us-gaap |
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds
TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds
|
370498000 | |
CY2014Q2 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
34256000 | |
CY2014Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
83284392 | shares |
CY2014Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
83284392 | shares |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
57514 | shares |
CY2014Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
180000000 | shares |
CY2014Q3 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
4005985 | shares |
CY2014Q3 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
24.31 | |
CY2014Q3 | us-gaap |
Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
|
0.0169 | pure |
CY2014Q3 | invest |
Derivative Notional Amount
DerivativeNotionalAmount
|
3555452000 | |
CY2014Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q3 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
|
30 | Investment |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
2603630 | shares |
CY2014Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
1657782000 | |
CY2014Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1266678000 | |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
751000 | |
CY2014Q3 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
10480000 | |
CY2014Q3 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
|
1925846000 | |
CY2014Q3 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Not Subject To Master Netting Arrangement
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotSubjectToMasterNettingArrangement
|
1890205000 | |
CY2014Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
|
33000000 | |
CY2014Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2000000 | |
CY2014Q3 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
48239000 | |
CY2014Q3 | us-gaap |
Other Liabilities
OtherLiabilities
|
48239000 | |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
2683000 | |
CY2014Q3 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
10000000 | |
CY2014Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
38263000 | |
CY2014Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1610000 | |
CY2014Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
833000 | |
CY2014Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
159771000 | |
CY2014Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
879745000 | |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1827000 | |
CY2014Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
66146000 | |
CY2014Q3 | us-gaap |
Litigation Reserve
LitigationReserve
|
10400000 | |
CY2014Q3 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
12562000 | |
CY2014Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1768612000 | |
CY2014Q3 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
3560000 | |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
14033000 | |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
2879000 | |
CY2014Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
5611768000 | |
CY2014Q3 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
7316000 | |
CY2014Q3 | us-gaap |
Servicing Liability
ServicingLiability
|
4049000 | |
CY2014Q3 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
|
547000 | |
CY2014Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
1887688000 | |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
2832000 | |
CY2014Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | |
CY2014Q3 | us-gaap |
Liabilities
Liabilities
|
4345090000 | |
CY2014Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
3061000 | |
CY2014Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
696902000 | |
CY2014Q3 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
|
||
CY2014Q3 | us-gaap |
Available For Sale Securities Pledged As Collateral
AvailableForSaleSecuritiesPledgedAsCollateral
|
812000000 | |
CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
149617000 | |
CY2014Q3 | us-gaap |
Derivative Assets
DerivativeAssets
|
7756000 | |
CY2014Q3 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
56217000 | |
CY2014Q3 | us-gaap |
Marketable Securities
MarketableSecurities
|
1394985000 | |
CY2014Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2273000 | |
CY2014Q3 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
135152000 | |
CY2014Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | |
CY2014Q3 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
1286235000 | |
CY2014Q3 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-30507000 | |
CY2014Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
455000 | |
CY2014Q3 | us-gaap |
Cumulative Dividends
CumulativeDividends
|
1542283000 | |
CY2014Q3 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
|
35094000 | |
CY2014Q3 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
2600000 | |
CY2014Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
34238000 | |
CY2014Q3 | us-gaap |
Servicing Asset
ServicingAsset
|
12216816000 | |
CY2014Q3 | us-gaap |
Trading Securities
TradingSecurities
|
108750000 | |
CY2014Q3 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
3000000 | |
CY2014Q3 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
|
6760000 | |
CY2014Q3 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
|
||
CY2014Q3 | us-gaap |
Federal Home Loan Bank Stock
FederalHomeLoanBankStock
|
4846000 | |
CY2014Q3 | us-gaap |
Other Assets
OtherAssets
|
112768000 | |
CY2014Q3 | us-gaap |
Other Restricted Assets
OtherRestrictedAssets
|
5000000 | |
CY2014Q3 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
2350000 | |
CY2014Q3 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
3349000 | |
CY2014Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4000000 | |
CY2014Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
0 | |
CY2014Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
10190000 | |
CY2014Q3 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Amount Offset Against Collateral
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedAmountOffsetAgainstCollateral
|
6760000 | |
CY2014Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
2013807000 | |
CY2014Q3 | us-gaap |
Assets
Assets
|
5611768000 | |
CY2014Q3 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed
|
2718000 | |
CY2014Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
14448000 | |
CY2014Q3 | us-gaap |
Interest Receivable
InterestReceivable
|
15261000 | |
CY2014Q3 | us-gaap |
Transfers Of Financial Assets Accounted For As Sale Initial Fair Value Of Assets Obtained As Proceeds
TransfersOfFinancialAssetsAccountedForAsSaleInitialFairValueOfAssetsObtainedAsProceeds
|
126009000 | |
CY2014Q3 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Not Subject To Master Netting Arrangement
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotSubjectToMasterNettingArrangement
|
2517000 | |
CY2014Q3 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
-851000 | |
CY2014Q3 | us-gaap |
Loans And Leases Receivable Net Reported Amount Commercial
LoansAndLeasesReceivableNetReportedAmountCommercial
|
497997000 | |
CY2014Q3 | us-gaap |
Loans And Leases Receivable Net Reported Amount Consumer
LoansAndLeasesReceivableNetReportedAmountConsumer
|
3287587000 | |
CY2014Q3 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
24814000 | |
CY2014Q3 | us-gaap |
Investments
Investments
|
5465338000 | |
CY2014Q3 | us-gaap |
Restricted Investments
RestrictedInvestments
|
11319000 | |
CY2014Q3 | rwt |
Percentage Of Dealer Quotes Received On Securities
PercentageOfDealerQuotesReceivedOnSecurities
|
0.81 | pure |
CY2014Q3 | rwt |
Debt Instrument Convertible Base Principal Amount Of Conversion
DebtInstrumentConvertibleBasePrincipalAmountOfConversion
|
1000 | |
CY2014Q3 | rwt |
Percentage Difference Of Internal Valuation Than Dealer Marks
PercentageDifferenceOfInternalValuationThanDealerMarks
|
0.02 | pure |
CY2014Q3 | rwt |
Accrued Derivative Payable
AccruedDerivativePayable
|
2873000 | |
CY2014Q3 | rwt |
Minimum Percentage Of Taxable Income Distribution To Shareholders
MinimumPercentageOfTaxableIncomeDistributionToShareholders
|
0.90 | pure |
CY2014Q3 | rwt |
Number Of Securities Continuous Unrealized Loss Position More Than Twelve Months
NumberOfSecuritiesContinuousUnrealizedLossPositionMoreThanTwelveMonths
|
12 | Investment |
CY2014Q3 | rwt |
Percentage Of Carrying Value For Which Dealer Quotes Were Received On Securities
PercentageOfCarryingValueForWhichDealerQuotesWereReceivedOnSecurities
|
0.94 | pure |
CY2014Q3 | rwt |
Accrued Expenses
AccruedExpenses
|
2170000 | |
CY2014Q3 | rwt |
Mortgage Loan Repurchase Reserve
MortgageLoanRepurchaseReserve
|
3771000 | |
CY2014Q3 | rwt |
Number Of Available For Sale Securities
NumberOfAvailableForSaleSecurities
|
294 | Investment |
CY2014Q3 | rwt |
Other Liabilities Miscellaneous
OtherLiabilitiesMiscellaneous
|
8854000 | |
CY2014Q3 | rwt |
Collateral For Asset Backed Securities Issued
CollateralForAssetBackedSecuritiesIssued
|
2013807000 | |
CY2012Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1140164000 | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
81080000 | |
CY2012Q4 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
50852000 | |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
82504801 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
82504801 | shares |
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 Authorized
CommonStockSharesAuthorized
|
180000000 | shares |
CY2013Q4 | us-gaap |
Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
|
0.0142 | pure |
CY2013Q4 | invest |
Derivative Notional Amount
DerivativeNotionalAmount
|
1488922000 | |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q4 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
|
76 | Investment |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
1683956 | shares |
CY2013Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
1944911000 | |
CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1245783000 | |
CY2013Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
6366000 | |
CY2013Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
18167000 | |
CY2013Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1000000 | |
CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
825000 | |
CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
148766000 | |
CY2013Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Gross
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedGross
|
930018000 | |
CY2013Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
48704000 | |
CY2013Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
48704000 | |
CY2013Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Not Subject To Master Netting Arrangement
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedNotSubjectToMasterNettingArrangement
|
918288000 | |
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 |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
806298000 | |
CY2013Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
0 | |
CY2013Q4 | us-gaap |
Litigation Reserve
LitigationReserve
|
12000000 | |
CY2013Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
22160000 | |
CY2013Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Amount Offset Against Collateral
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAmountOffsetAgainstCollateral
|
930018000 | |
CY2013Q4 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Collateral Obligation To Return Cash
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedCollateralObligationToReturnCash
|
482000 | |
CY2013Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1760899000 | |
CY2013Q4 | us-gaap |
Accrued Income Taxes
AccruedIncomeTaxes
|
1337000 | |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4608528000 | |
CY2013Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
7316000 | |
CY2013Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoaned
|
||
CY2013Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
862763000 | |
CY2013Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
3362745000 | |
CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
476467000 | |
CY2013Q4 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Liability
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedLiability
|
||
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
173201000 | |
CY2013Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
7787000 | |
CY2013Q4 | us-gaap |
Margin Deposit Assets
MarginDepositAssets
|
31149000 | |
CY2013Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
1682861000 | |
CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1232000 | |
CY2013Q4 | us-gaap |
Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
|
64824000 | |
CY2013Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
1558306000 | |
CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
-10380000 | |
CY2013Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
398000 | |
CY2013Q4 | us-gaap |
Cumulative Dividends
CumulativeDividends
|
1471005000 | |
CY2013Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Collateral Right To Reclaim Cash
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCollateralRightToReclaimCash
|
11730000 | |
CY2013Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
1825000 | |
CY2013Q4 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
37149000 | |
CY2013Q4 | us-gaap |
Servicing Asset
ServicingAsset
|
5791758000 | |
CY2013Q4 | us-gaap |
Trading Securities
TradingSecurities
|
124555000 | |
CY2013Q4 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Gross
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedGross
|
7704000 | |
CY2013Q4 | us-gaap |
Derivative Liability Securities Sold Under Agreements To Resell Securities Loaned Asset
DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedAsset
|
||
CY2013Q4 | us-gaap |
Other Assets
OtherAssets
|
53640000 | |
CY2013Q4 | us-gaap |
Other Restricted Assets
OtherRestrictedAssets
|
5000000 | |
CY2013Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
1850000 | |
CY2013Q4 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
3661000 | |
CY2013Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
13453000 | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
14000 | ||
CY2013Q4 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Amount Offset Against Collateral
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedAmountOffsetAgainstCollateral
|
7704000 | |
CY2013Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
2299576000 | |
CY2013Q4 | us-gaap |
Assets
Assets
|
4608528000 | |
CY2013Q4 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowed
|
1164000 | |
CY2013Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
20730000 | |
CY2013Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
13475000 | |
CY2013Q4 | us-gaap |
Derivative Asset Securities Purchased Under Agreements To Resell Securities Borrowed Not Subject To Master Netting Arrangement
DerivativeAssetSecuritiesPurchasedUnderAgreementsToResellSecuritiesBorrowedNotSubjectToMasterNettingArrangement
|
6058000 | |
CY2013Q4 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
379000 | |
CY2013Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount Commercial
LoansAndLeasesReceivableNetReportedAmountCommercial
|
432455000 | |
CY2013Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount Consumer
LoansAndLeasesReceivableNetReportedAmountConsumer
|
2166434000 | |
CY2013Q4 | us-gaap |
Accrued Investment Income Receivable
AccruedInvestmentIncomeReceivable
|
8923000 | |
CY2013Q4 | us-gaap |
Investments
Investments
|
4519775000 | |
CY2013Q4 | rwt |
Accrued Derivative Payable
AccruedDerivativePayable
|
4700000 | |
CY2013Q4 | rwt |
Number Of Securities Continuous Unrealized Loss Position More Than Twelve Months
NumberOfSecuritiesContinuousUnrealizedLossPositionMoreThanTwelveMonths
|
5 | Investment |
CY2013Q4 | rwt |
Accrued Expenses
AccruedExpenses
|
4291000 | |
CY2013Q4 | rwt |
Mortgage Loan Repurchase Reserve
MortgageLoanRepurchaseReserve
|
1771000 | |
CY2013Q4 | rwt |
Number Of Available For Sale Securities
NumberOfAvailableForSaleSecurities
|
303 | Investment |
CY2013Q4 | rwt |
Other Liabilities Miscellaneous
OtherLiabilitiesMiscellaneous
|
2445000 | |
CY2013Q4 | rwt |
Collateral For Asset Backed Securities Issued
CollateralForAssetBackedSecuritiesIssued
|
2292378000 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.65 | ||
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
9053183 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2292451 | shares | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.058 | pure | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-485399000 | ||
us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.072 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.185 | pure | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
93233865 | shares | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.76 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
|
-0.148 | pure | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.84 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.340 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
-0.021 | pure | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
81888231 | shares | |
us-gaap |
Transfer Of Other Real Estate
TransferOfOtherRealEstate
|
3448000 | ||
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
465986000 | ||
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
5459511000 | ||
us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
106727000 | ||
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
107220000 | ||
us-gaap |
Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
|
53497000 | ||
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
34000 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
18060000 | ||
us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
-5387000 | ||
us-gaap |
Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
|
63071000 | ||
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
70675000 | ||
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
5479000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-23564000 | ||
us-gaap |
Noninterest Income
NoninterestIncome
|
117435000 | ||
us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
153000 | ||
us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
22881000 | ||
us-gaap |
Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
|
3106000 | ||
us-gaap |
Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
|
6864921000 | ||
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-29615000 | ||
us-gaap |
Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
|
84480000 | ||
us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
30534000 | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
3397000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
157225000 | ||
us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
5820000 | ||
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
9184000 | ||
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
25043000 | ||
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
168664000 | ||
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
34322000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
142628000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
148112000 | ||
us-gaap |
Interest Paid
InterestPaid
|
60394000 | ||
us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
-2374000 | ||
us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
36399000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11443000 | ||
us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
23291000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5789000 | ||
us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
9000 | ||
us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
5053000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
124548000 | ||
us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
22762000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7880000 | ||
us-gaap |
Interest Expense
InterestExpense
|
61444000 | ||
us-gaap |
Operating Expenses
OperatingExpenses
|
66937000 | ||
us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
493000 | ||
us-gaap |
Professional Fees
ProfessionalFees
|
5118000 | ||
us-gaap |
Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
|
41128000 | ||
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
43701000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
17940000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
123566000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9113000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
535669000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-219000 | ||
us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
9467000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
310000 | ||
us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
17378000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
6452000 | ||
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
5745892000 | ||
us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
1666000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
73295000 | ||
us-gaap |
Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
|
440000 | ||
us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
16908000 | ||
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
13721000 | ||
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
1666000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
204462000 | ||
us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
214000 | ||
us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
6840000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2444000 | ||
us-gaap |
Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
|
30815000 | ||
us-gaap |
Other General Expense
OtherGeneralExpense
|
1545000 | ||
us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
6263058000 | ||
us-gaap |
Severance Costs1
SeveranceCosts1
|
3879000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11443000 | ||
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
70675000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
19211000 | ||
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
7289000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
332119000 | ||
us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
415576000 | ||
rwt |
Other Market Valuation Adjustments
OtherMarketValuationAdjustments
|
-6099000 | ||
rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
76425000 | ||
rwt |
Proceeds From Principal Repayments On Securities
ProceedsFromPrincipalRepaymentsOnSecurities
|
124030000 | ||
rwt |
Stock Issued During Period Value Dividend Reinvestment And Stock Purchase Plan
StockIssuedDuringPeriodValueDividendReinvestmentAndStockPurchasePlan
|
7077000 | ||
rwt |
Mortgage Banking Activities Derivative Instruments Net
MortgageBankingActivitiesDerivativeInstrumentsNet
|
51009000 | ||
rwt |
Other Market Valuation Adjustments Net
OtherMarketValuationAdjustmentsNet
|
-6099000 | ||
rwt |
Total Net Change In Market Value Related To Mortgage Servicing Rights
TotalNetChangeInMarketValueRelatedToMortgageServicingRights
|
9628000 | ||
rwt |
Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
|
55694000 | ||
rwt |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Matured Called Written Down
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsMaturedCalledWrittenDown
|
6751000 | ||
rwt |
Mortgage Banking Activities Market Valuation Adjustments Net
MortgageBankingActivitiesMarketValuationAdjustmentsNet
|
72895000 | ||
rwt |
Mortgage Servicing Rights Income Including Market Valuation Changes Of Ms Rs
MortgageServicingRightsIncomeIncludingMarketValuationChangesOfMSRs
|
14681000 | ||
rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
85562000 | ||
rwt |
Fixed Compensation Expense
FixedCompensationExpense
|
17524000 | ||
rwt |
Variable Compensation Expense
VariableCompensationExpense
|
14418000 | ||
rwt |
Mortgage Servicing Expense
MortgageServicingExpense
|
767000 | ||
rwt |
Provision Reversal For Loan Lease And Other Losses
ProvisionReversalForLoanLeaseAndOtherLosses
|
493000 | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Note 1. Redwood Trust</b></p> <!-- xbrl,body --> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px" align="justify">Redwood Trust, Inc., together with its subsidiaries, focuses on investing in mortgage- and other real estate-related assets and engaging in residential and commercial mortgage banking activities. We seek to invest in real estate-related assets that have the potential to generate attractive cash flow returns over time and to generate income through our residential and commercial mortgage banking activities.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px" align="justify">Our primary sources of income are net interest income from our investment portfolios and noninterest income from our mortgage banking activities. Net interest income consists of the interest income we earn on investments less the interest expense we incur on borrowed funds and other liabilities. Income from mortgage banking activities consists of the profit we seek to generate through the acquisition or origination 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.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px" align="justify">We operate our business in three segments: residential mortgage banking, residential investments, and commercial mortgage banking and investments.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px" align="justify">Our residential mortgage banking segment primarily consists of operating a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale through securitization or as whole loans. Jumbo loans we acquire are typically sold through private-label securitization through our Sequoia securitization program or to institutions that acquire pools of whole loans. Conforming loans we acquire are generally sold to Fannie Mae and Freddie Mac (the “Agencies”). Our residential loan acquisitions are usually made on a flow basis, after origination by banks or mortgage companies, and are periodically augmented by bulk acquisitions. Our acquisition and accumulation of residential loans is generally funded with equity and short-term debt. This segment also includes various derivative financial instruments and IO securities retained from our Sequoia securitizations that we utilize to manage certain risks associated with residential loans we acquire. Our residential mortgage banking segment’s main source of revenue is mortgage banking income, which includes valuation increases (or gains) on the loans we acquire for sale or securitization as well as valuation changes in associated derivatives and IO securities that are used in part to manage risks associated with our mortgage banking activities. Additionally, this segment may generate interest income on loans held for future sale or securitization and interest income from IO securities. Interest expense on short-term debt used to fund the purchase of residential loans, direct operating expenses and tax provisions associated with these activities are also included in the residential mortgage banking segment.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px" align="justify">Our residential investments segment includes a portfolio of investments in residential mortgage-backed securities retained from our Sequoia securitizations, as well as residential mortgage-backed securities issued by third parties. This segment also includes mortgage servicing rights (“MSRs”) associated with residential loans securitized through our Sequoia program or sold to third parties and MSRs purchased from third parties as well as residential loans acquired and held-for-investment. The residential investment segment’s main sources of revenue are interest income from investment portfolio securities and residential loans held-for-investment, as well as the realized gains recognized upon sales of these securities and income from MSRs. This segment also includes derivative financial instruments that we utilize to manage certain risks associated with our residential investment portfolio. Also included in this segment is interest expense on the short-term debt and asset-backed securities (“ABS”) used to partially finance certain of these securities, as well as direct operating expenses and tax provisions associated with these activities.</p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 12pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px" align="justify">Our commercial mortgage banking and investments segment consists of our commercial mortgage banking operations as well as our portfolio of held-for-investment commercial real estate loans. We operate as a commercial real estate lender by originating mortgage loans and providing other forms of commercial real estate financing. This may include senior or subordinate mortgage loans, mezzanine loans, and other forms of financing, such as preferred equity interests in special purpose entities that own commercial real estate. We typically sell the senior loans we originate to third parties for securitization and the mezzanine and subordinate loans we originate are generally held for investment. This segment also includes derivative financial instruments that we utilize to manage certain risks associated with our commercial loan origination activity. Our commercial mortgage banking and investments segment’s main sources of revenue are interest income from our commercial loan investments as well as income from mortgage banking activities, which includes valuation increases (or gains) on the senior commercial loans we originate for sale as well as valuation changes in associated derivatives that are used to manage risks associated with our mortgage banking activities. Interest expense from a commercial securitization we engaged in during 2012 (“Commercial Securitization”) and from short-term and long-term debt used to fund the purchase of commercial loans as well as operating expenses and tax provisions associated with these activities are also included in the commercial mortgage banking and investments segment.</p> <p style="MARGIN-BOTTOM: 0px; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 1px 'Times New Roman'; MARGIN-TOP: 12px; LETTER-SPACING: normal; TEXT-INDENT: 0px; -webkit-text-stroke-width: 0px">  </p> <p style="MARGIN-BOTTOM: 0pt; WHITE-SPACE: normal; TEXT-TRANSFORM: none; WORD-SPACING: 0px; COLOR: rgb(0,0,0); FONT: 10pt 'Times New Roman'; MARGIN-TOP: 0pt; LETTER-SPACING: normal; TEXT-INDENT: 4%; -webkit-text-stroke-width: 0px" align="justify">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.</p> </div> | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1533303000 | ||
us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.072 | pure | |
us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
|
|||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.84 | ||
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
REDWOOD TRUST INC | ||
dei |
Trading Symbol
TradingSymbol
|
RWT | ||
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2309051 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
22021 | shares | |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
0 | shares | |
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.0544 | pure | |
us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
1.00 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.048 | pure | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 16pt"> <b><i>Use of Estimates</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%" align="justify">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.</p> </div> | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-09-30 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.010 | pure | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | Segment | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
85031130 | shares | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.87 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
|
-0.254 | pure | |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000930236 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.84 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.340 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
-0.100 | pure | |
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
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. | ||
us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2018-04-15 | ||
us-gaap |
Debt Instrument Convertible Conversion Ratio1
DebtInstrumentConvertibleConversionRatio1
|
41.1320 | pure | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
82722079 | shares | |
us-gaap |
Transfer Of Other Real Estate
TransferOfOtherRealEstate
|
4753000 | ||
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
286248000 | ||
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
4643308000 | ||
us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
5000000 | ||
us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
113889000 | ||
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
113260000 | ||
us-gaap |
Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
|
45539000 | ||
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
57000 | ||
us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
|
6434000 | ||
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
26248000 | ||
us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
-7268000 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
685000 | ||
us-gaap |
Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
|
65584000 | ||
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
71278000 | ||
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
922000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
11005000 | ||
us-gaap |
Noninterest Income
NoninterestIncome
|
25321000 | ||
us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
15000 | ||
us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
9955000 | ||
us-gaap |
Payments To Acquire Mortgage Servicing Rights Msr
PaymentsToAcquireMortgageServicingRightsMSR
|
41834000 | ||
us-gaap |
Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
|
278913000 | ||
us-gaap |
Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
|
6844403000 | ||
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
35078000 | ||
us-gaap |
Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
|
97062000 | ||
us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
34204000 | ||
us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Sales
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSales
|
|||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1399000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
77150000 | ||
us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
12287000 | ||
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-17454000 | ||
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
176820000 | ||
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
10687000 | ||
us-gaap |
Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
|
1400000000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
132393000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
73447000 | ||
us-gaap |
Interest Paid
InterestPaid
|
57047000 | ||
us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
57806000 | ||
us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
-14419000 | ||
us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
|
-5204000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
8934000 | ||
us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
10687000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
7635000 | ||
us-gaap |
Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
|
2507000 | ||
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
1600000 | ||
us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Other Comprehensive Income Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInOtherComprehensiveIncomeLoss
|
|||
us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
11247000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
84452000 | ||
us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
11219000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7415000 | ||
us-gaap |
Interest Expense
InterestExpense
|
63560000 | ||
us-gaap |
Operating Expenses
OperatingExpenses
|
63660000 | ||
us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
-629000 | ||
us-gaap |
Professional Fees
ProfessionalFees
|
4039000 | ||
us-gaap |
Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
|
30962000 | ||
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
36920000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
25946000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-23584000 | ||
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1496000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3703000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
629286000 | ||
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
2000000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-131000 | ||
us-gaap |
Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest
|
4209000 | ||
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
261000 | ||
us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
19648000 | ||
us-gaap |
Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
|
5000000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
369000 | ||
us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
|
|||
us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
-266000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3840000 | ||
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
5615317000 | ||
us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
4774000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
880433000 | ||
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
|
70000 | ||
us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
21689000 | ||
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
17409000 | ||
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
565000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
457131000 | ||
us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
2713000 | ||
us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
10906000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3437000 | ||
us-gaap |
Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
|
24462000 | ||
us-gaap |
Other General Expense
OtherGeneralExpense
|
1679000 | ||
us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
5328901000 | ||
us-gaap |
Severance Costs1
SeveranceCosts1
|
226000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8934000 | ||
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
71278000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
6750000 | ||
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
6679000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
272937000 | ||
us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
267425000 | ||
rwt |
Debt Instrument Average Maturity Term
DebtInstrumentAverageMaturityTerm
|
P154D | ||
rwt |
Other Market Valuation Adjustments
OtherMarketValuationAdjustments
|
-13966000 | ||
rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
1787000 | ||
rwt |
Share Based Compensation Arrangement By Share Based Payment Award Award Holding Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardHoldingPeriod
|
P3Y | ||
rwt |
Number Of Variable Interest Entities Acquired And Consolidated
NumberOfVariableInterestEntitiesAcquiredAndConsolidated
|
26 | Entity | |
rwt |
Proceeds From Principal Repayments On Securities
ProceedsFromPrincipalRepaymentsOnSecurities
|
144598000 | ||
rwt |
Employee Stock Purchase Plan Minimum Percentage Of Common Stock Fair Value Defined To Purchase Shares By Eligible Participants
EmployeeStockPurchasePlanMinimumPercentageOfCommonStockFairValueDefinedToPurchaseSharesByEligibleParticipants
|
0.85 | pure | |
rwt |
Loan Transferred As Secured Borrowings Cash Proceeds
LoanTransferredAsSecuredBorrowingsCashProceeds
|
65048000 | ||
rwt |
Loan Purchase Sale Commitment Valuations
LoanPurchaseSaleCommitmentValuations
|
6077000 | ||
rwt |
Employee Stock Purchase Plan Number Of Shares Purchased By Employee
EmployeeStockPurchasePlanNumberOfSharesPurchasedByEmployee
|
266463 | shares | |
rwt |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost Forfeitures
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCostForfeitures
|
363000 | ||
rwt |
Stock Issued During Period Value Dividend Reinvestment And Stock Purchase Plan
StockIssuedDuringPeriodValueDividendReinvestmentAndStockPurchasePlan
|
6055000 | ||
rwt |
Number Of Facilities
NumberOfFacilities
|
17 | Contract | |
rwt |
Loan Transferred As Secured Borrowings Principal Balance
LoanTransferredAsSecuredBorrowingsPrincipalBalance
|
63375000 | ||
rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
23950000 | ||
rwt |
Fixed Compensation Expense
FixedCompensationExpense
|
21109000 | ||
rwt |
Variable Compensation Expense
VariableCompensationExpense
|
8170000 | ||
rwt |
Mortgage Servicing Expense
MortgageServicingExpense
|
1040000 | ||
rwt |
Provision Reversal For Loan Lease And Other Losses
ProvisionReversalForLoanLeaseAndOtherLosses
|
-629000 | ||
rwt |
Provision For Mortgage Servicing Rights Repurchases
ProvisionForMortgageServicingRightsRepurchases
|
653000 | ||
rwt |
Mortgage Banking Activities Derivative Instruments Net
MortgageBankingActivitiesDerivativeInstrumentsNet
|
-18159000 | ||
rwt |
Other Market Valuation Adjustments Net
OtherMarketValuationAdjustmentsNet
|
-13966000 | ||
rwt |
Total Net Change In Market Value Related To Mortgage Servicing Rights
TotalNetChangeInMarketValueRelatedToMortgageServicingRights
|
-5944000 | ||
rwt |
Payments For Proceeds From Derivative Instrument Operating Activities
PaymentsForProceedsFromDerivativeInstrumentOperatingActivities
|
-22776000 | ||
rwt |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Matured Called Written Down
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsMaturedCalledWrittenDown
|
2320000 | ||
rwt |
Mortgage Banking Activities Market Valuation Adjustments Net
MortgageBankingActivitiesMarketValuationAdjustmentsNet
|
21697000 | ||
rwt |
Mortgage Servicing Rights Income Including Market Valuation Changes Of Ms Rs
MortgageServicingRightsIncomeIncludingMarketValuationChangesOfMSRs
|
4650000 | ||
rwt |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Discount Accretion
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationDiscountAccretion
|
|||
CY2013 | rwt |
Debt Instrument Average Maturity Term
DebtInstrumentAverageMaturityTerm
|
P61D | |
CY2013 | rwt |
Employee Stock Purchase Plan Number Of Shares Purchased By Employee
EmployeeStockPurchasePlanNumberOfSharesPurchasedByEmployee
|
243020 | shares |
CY2013 | rwt |
Number Of Facilities
NumberOfFacilities
|
13 | Contract |
CY2013Q1 | rwt |
Debt Instrument Maturity Year
DebtInstrumentMaturityYear
|
2018 | |
CY2013Q1 | rwt |
Debt Instrument Redemption Date
DebtInstrumentRedemptionDate
|
2018-04-15 | |
CY2013Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.25 | |
CY2013Q3 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
CY2013Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2220566 | shares |
CY2013Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
84422039 | shares |
CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | |
CY2013Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.28 | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
82201473 | shares |
CY2013Q3 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
33968000 | |
CY2013Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
35695000 | |
CY2013Q3 | us-gaap |
Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
|
17027000 | |
CY2013Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
3288000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-3515000 | |
CY2013Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
5346000 | |
CY2013Q3 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
4000 | |
CY2013Q3 | us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
10318000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-633000 | |
CY2013Q3 | us-gaap |
Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
|
29649000 | |
CY2013Q3 | us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
10740000 | |
CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
16994000 | |
CY2013Q3 | us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
3008000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
4018000 | |
CY2013Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
57420000 | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
21929000 | |
CY2013Q3 | us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
-1866000 | |
CY2013Q3 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
10469000 | |
CY2013Q3 | us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
2653000 | |
CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
18414000 | |
CY2013Q3 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
10532000 | |
CY2013Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1997000 | |
CY2013Q3 | us-gaap |
Interest Expense
InterestExpense
|
21725000 | |
CY2013Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
22320000 | |
CY2013Q3 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
1727000 | |
CY2013Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
2066000 | |
CY2013Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
13871000 | |
CY2013Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
6205000 | |
CY2013Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-4935000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-62000 | |
CY2013Q3 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
0 | |
CY2013Q3 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
6894000 | |
CY2013Q3 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
5227000 | |
CY2013Q3 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
214000 | |
CY2013Q3 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
2780000 | |
CY2013Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
829000 | |
CY2013Q3 | us-gaap |
Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
|
9604000 | |
CY2013Q3 | us-gaap |
Other General Expense
OtherGeneralExpense
|
508000 | |
CY2013Q3 | us-gaap |
Severance Costs1
SeveranceCosts1
|
445000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
6962000 | |
CY2013Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
2266000 | |
CY2013Q3 | rwt |
Other Market Valuation Adjustments
OtherMarketValuationAdjustments
|
462000 | |
CY2013Q3 | rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
-8135000 | |
CY2013Q3 | rwt |
Mortgage Banking Activities Derivative Instruments Net
MortgageBankingActivitiesDerivativeInstrumentsNet
|
442000 | |
CY2013Q3 | rwt |
Other Market Valuation Adjustments Net
OtherMarketValuationAdjustmentsNet
|
462000 | |
CY2013Q3 | rwt |
Total Net Change In Market Value Related To Mortgage Servicing Rights
TotalNetChangeInMarketValueRelatedToMortgageServicingRights
|
460000 | |
CY2013Q3 | rwt |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Matured Called Written Down
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsMaturedCalledWrittenDown
|
764000 | |
CY2013Q3 | rwt |
Mortgage Banking Activities Market Valuation Adjustments Net
MortgageBankingActivitiesMarketValuationAdjustmentsNet
|
-9057000 | |
CY2013Q3 | rwt |
Mortgage Servicing Rights Income Including Market Valuation Changes Of Ms Rs
MortgageServicingRightsIncomeIncludingMarketValuationChangesOfMSRs
|
3113000 | |
CY2013Q3 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
-8698000 | |
CY2013Q3 | rwt |
Fixed Compensation Expense
FixedCompensationExpense
|
5808000 | |
CY2013Q3 | rwt |
Variable Compensation Expense
VariableCompensationExpense
|
5621000 | |
CY2013Q3 | rwt |
Mortgage Servicing Expense
MortgageServicingExpense
|
355000 | |
CY2013Q3 | rwt |
Provision Reversal For Loan Lease And Other Losses
ProvisionReversalForLoanLeaseAndOtherLosses
|
1727000 | |
CY2014Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.50 | |
CY2014Q3 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
11825450 | shares |
CY2014Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2113248 | shares |
CY2014Q3 | us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.0549 | pure |
CY2014Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
96956232 | shares |
CY2014Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.53 | |
CY2014Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.28 | |
CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
83017534 | shares |
CY2014Q3 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
41597000 | |
CY2014Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
40001000 | |
CY2014Q3 | us-gaap |
Interest And Fee Income Loans Consumer Real Estate
InterestAndFeeIncomeLoansConsumerRealEstate
|
19280000 | |
CY2014Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
18000 | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-7786000 | |
CY2014Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
28519000 | |
CY2014Q3 | us-gaap |
Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
|
7000 | |
CY2014Q3 | us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
7976000 | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
1849000 | |
CY2014Q3 | us-gaap |
Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
|
31461000 | |
CY2014Q3 | us-gaap |
Interest And Fee Income Loans Commercial Real Estate
InterestAndFeeIncomeLoansCommercialRealEstate
|
12603000 | |
CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
50310000 | |
CY2014Q3 | us-gaap |
Contractually Specified Servicing Fees Amount
ContractuallySpecifiedServicingFeesAmount
|
4590000 | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-3258000 | |
CY2014Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
63351000 | |
CY2014Q3 | us-gaap |
Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
|
1870000000 | |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
45097000 | |
CY2014Q3 | us-gaap |
Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
|
-1332000 | |
CY2014Q3 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
8532000 | |
CY2014Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
1600000 | |
CY2014Q3 | us-gaap |
Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
4153000 | |
CY2014Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
37311000 | |
CY2014Q3 | us-gaap |
Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
|
10227000 | |
CY2014Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2261000 | |
CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
23350000 | |
CY2014Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
21406000 | |
CY2014Q3 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
-1596000 | |
CY2014Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
1223000 | |
CY2014Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
12128000 | |
CY2014Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
8607000 | |
CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5213000 | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-32000 | |
CY2014Q3 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest
|
0 | |
CY2014Q3 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
188000 | |
CY2014Q3 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
7071000 | |
CY2014Q3 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
8441000 | |
CY2014Q3 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
|
188000 | |
CY2014Q3 | us-gaap |
Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
|
2713000 | |
CY2014Q3 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
3463000 | |
CY2014Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1282000 | |
CY2014Q3 | us-gaap |
Interest Expense Beneficial Interests Issued By Consolidated Variable Interest Entities
InterestExpenseBeneficialInterestsIssuedByConsolidatedVariableInterestEntities
|
7838000 | |
CY2014Q3 | us-gaap |
Other General Expense
OtherGeneralExpense
|
569000 | |
CY2014Q3 | us-gaap |
Severance Costs1
SeveranceCosts1
|
4000 | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
6409000 | |
CY2014Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
2741000 | |
CY2014Q3 | rwt |
Other Market Valuation Adjustments
OtherMarketValuationAdjustments
|
-3706000 | |
CY2014Q3 | rwt |
Market Valuation Adjustments Net
MarketValuationAdjustmentsNet
|
15117000 | |
CY2014Q3 | rwt |
Loan Transferred As Secured Borrowings Cash Proceeds
LoanTransferredAsSecuredBorrowingsCashProceeds
|
||
CY2014Q3 | rwt |
Loan Purchase Sale Commitment Valuations
LoanPurchaseSaleCommitmentValuations
|
2487000 | |
CY2014Q3 | rwt |
Mortgage Banking Activities Derivative Instruments Net
MortgageBankingActivitiesDerivativeInstrumentsNet
|
-2404000 | |
CY2014Q3 | rwt |
Other Market Valuation Adjustments Net
OtherMarketValuationAdjustmentsNet
|
-3706000 | |
CY2014Q3 | rwt |
Total Net Change In Market Value Related To Mortgage Servicing Rights
TotalNetChangeInMarketValueRelatedToMortgageServicingRights
|
2321000 | |
CY2014Q3 | rwt |
Mortgage Banking Activities Market Valuation Adjustments Net
MortgageBankingActivitiesMarketValuationAdjustmentsNet
|
16502000 | |
CY2014Q3 | rwt |
Mortgage Servicing Rights Income Including Market Valuation Changes Of Ms Rs
MortgageServicingRightsIncomeIncludingMarketValuationChangesOfMSRs
|
5821000 | |
CY2014Q3 | rwt |
Loan Transferred As Secured Borrowings Principal Balance
LoanTransferredAsSecuredBorrowingsPrincipalBalance
|
||
CY2014Q3 | rwt |
Mortgage Banking Activities Net
MortgageBankingActivitiesNet
|
17872000 | |
CY2014Q3 | rwt |
Fixed Compensation Expense
FixedCompensationExpense
|
7445000 | |
CY2014Q3 | rwt |
Variable Compensation Expense
VariableCompensationExpense
|
2418000 | |
CY2014Q3 | rwt |
Mortgage Servicing Expense
MortgageServicingExpense
|
437000 | |
CY2014Q3 | rwt |
Provision Reversal For Loan Lease And Other Losses
ProvisionReversalForLoanLeaseAndOtherLosses
|
-1596000 | |
CY2014Q3 | rwt |
Provision For Mortgage Servicing Rights Repurchases
ProvisionForMortgageServicingRightsRepurchases
|
653000 | |
CY2014Q3 | rwt |
Risk Sharing Transaction Treasury Shares Transferred
RiskSharingTransactionTreasurySharesTransferred
|
11000000 |