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Equity Compensation Plans - Additional Information (Detail) (USD $)
9 Months Ended 12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Shares of common stock available for grant under Redwood's Incentive Plan 2,603,630   1,683,956
Unrecognized compensation cost $ 14,448,000   $ 20,730,000
Number of fully vested stock options outstanding 57,514   79,535
Aggregate intrinsic value options outstanding 0    
Aggregate intrinsic value options exercisable 0    
Stock options exercised during period 0 0  
Options Expired 22,021    
Number of shares purchased by employees 266,463   243,020
Performance Stock Units
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Unvested outstanding stock awards 779,871   779,871
Stock unit distributions 351,640    
Share-based compensation, vesting period 3 years    
Underlying shares of vesting common stock vesting description The number of underlying shares of our common stock that will vest during 2014 and in future years will vary between 0% (if Three-Year TSR is negative) and 200% (if Three-Year TSR is greater than or equal to 125%) of the target number of PSUs originally granted, adjusted upward (if vesting is greater than 0%) to reflect the value of dividends paid during the three-year vesting period.    
Share-based compensation, vesting year 2014 and in future years    
Restricted Stock
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Unvested outstanding stock awards 110,948   166,941
Number of stock awards granted 2,574    
Number of stock awards vested 42,725    
Number of stock awards forfeited 15,842    
Deferred Stock Units
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Unvested outstanding stock awards 1,961,038   2,266,473
Number of stock awards granted 142,983    
Number of stock awards vested 1,218,012   1,263,420
Number of stock awards forfeited 7,870    
Stock unit distributions 440,548    
Maximum
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Weighted average amortization period remaining for equity awards 2 years    
Share-based compensation, vesting period 4 years    
Shares of common stock to be purchased in aggregate for all employees 450,000    
Maximum | Performance Stock Units
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Equity awards, vesting percentage 200.00%    
Maximum | Deferred Stock Units
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Cash distributions to participants in the Executive Deferred Compensation Plan $ 1,000,000    
Minimum
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Share-based compensation, vesting period 3 years    
Minimum | Performance Stock Units
     
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Equity awards, vesting percentage 0.00%