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Assets and Liabilities of Consolidated Variable Interest Entity's (Detail) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Entity
Dec. 31, 2013
Entity
Variable Interest Entity [Line Items]    
Assets $ 1,900,208us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets $ 2,299,576us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
Liabilities 1,546,490us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities 1,944,911us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
Number of VIEs 26rwt_NumberOfVariableInterestEntitiesAcquiredAndConsolidated 26rwt_NumberOfVariableInterestEntitiesAcquiredAndConsolidated
Residential Loans Held for Investment    
Variable Interest Entity [Line Items]    
Assets 1,474,386us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_ResidentialLoansHeldForInvestmentMember
1,762,167us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_ResidentialLoansHeldForInvestmentMember
Commercial Loans Held For Investment    
Variable Interest Entity [Line Items]    
Assets 194,991us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_CommercialLoansHeldForInvestmentMember
257,741us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_CommercialLoansHeldForInvestmentMember
Real Estate Securities    
Variable Interest Entity [Line Items]    
Assets 221,676us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_RealEstateInvestmentMember
263,204us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_RealEstateInvestmentMember
Restricted Cash    
Variable Interest Entity [Line Items]    
Assets 327us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_RestrictedCashMember
289us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_RestrictedCashMember
Accrued Interest Receivable    
Variable Interest Entity [Line Items]    
Assets 4,347us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestReceivableMember
5,316us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestReceivableMember
Other Assets    
Variable Interest Entity [Line Items]    
Assets 4,481us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_OtherAssetsMember
10,859us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_OtherAssetsMember
Accrued Interest Payable    
Variable Interest Entity [Line Items]    
Liabilities 1,371us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestPayableMember
1,949us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestPayableMember
Asset-backed Securities    
Variable Interest Entity [Line Items]    
Liabilities 1,545,119us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_AssetBackedSecuritiesMember
1,942,962us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_AssetBackedSecuritiesMember
Sequoia    
Variable Interest Entity [Line Items]    
Assets 1,481,303us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
1,768,694us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
Liabilities 1,417,738us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
1,695,553us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
Number of VIEs 24rwt_NumberOfVariableInterestEntitiesAcquiredAndConsolidated
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
24rwt_NumberOfVariableInterestEntitiesAcquiredAndConsolidated
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
Sequoia | Residential Loans Held for Investment    
Variable Interest Entity [Line Items]    
Assets 1,474,386us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_ResidentialLoansHeldForInvestmentMember
1,762,167us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_ResidentialLoansHeldForInvestmentMember
Sequoia | Restricted Cash    
Variable Interest Entity [Line Items]    
Assets 147us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_RestrictedCashMember
152us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_RestrictedCashMember
Sequoia | Accrued Interest Receivable    
Variable Interest Entity [Line Items]    
Assets 2,359us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestReceivableMember
2,714us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestReceivableMember
Sequoia | Other Assets    
Variable Interest Entity [Line Items]    
Assets 4,411us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_OtherAssetsMember
3,661us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_OtherAssetsMember
Sequoia | Accrued Interest Payable    
Variable Interest Entity [Line Items]    
Liabilities 976us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestPayableMember
1,218us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestPayableMember
Sequoia | Asset-backed Securities    
Variable Interest Entity [Line Items]    
Liabilities 1,416,762us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_AssetBackedSecuritiesMember
1,694,335us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_SequoiaSecuritizationEntitiesMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_AssetBackedSecuritiesMember
Residential Resecuritization    
Variable Interest Entity [Line Items]    
Assets 222,196us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
263,831us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
Liabilities 45,049us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
94,945us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
Number of VIEs 1rwt_NumberOfVariableInterestEntitiesAcquiredAndConsolidated
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
1rwt_NumberOfVariableInterestEntitiesAcquiredAndConsolidated
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
Residential Resecuritization | Real Estate Securities    
Variable Interest Entity [Line Items]    
Assets 221,676us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_RealEstateInvestmentMember
263,204us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_RealEstateInvestmentMember
Residential Resecuritization | Restricted Cash    
Variable Interest Entity [Line Items]    
Assets 43us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_RestrictedCashMember
 
Residential Resecuritization | Accrued Interest Receivable    
Variable Interest Entity [Line Items]    
Assets 477us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestReceivableMember
627us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestReceivableMember
Residential Resecuritization | Accrued Interest Payable    
Variable Interest Entity [Line Items]    
Liabilities 5us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestPayableMember
11us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestPayableMember
Residential Resecuritization | Asset-backed Securities    
Variable Interest Entity [Line Items]    
Liabilities 45,044us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_AssetBackedSecuritiesMember
94,934us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_ResecuritizationMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_AssetBackedSecuritiesMember
Commercial Securitization    
Variable Interest Entity [Line Items]    
Assets 196,709us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
267,051us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
Liabilities 83,703us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
154,413us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
Number of VIEs 1rwt_NumberOfVariableInterestEntitiesAcquiredAndConsolidated
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
1rwt_NumberOfVariableInterestEntitiesAcquiredAndConsolidated
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
Commercial Securitization | Commercial Loans Held For Investment    
Variable Interest Entity [Line Items]    
Assets 194,991us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_CommercialLoansHeldForInvestmentMember
257,741us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_CommercialLoansHeldForInvestmentMember
Commercial Securitization | Restricted Cash    
Variable Interest Entity [Line Items]    
Assets 137us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_RestrictedCashMember
137us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_RestrictedCashMember
Commercial Securitization | Accrued Interest Receivable    
Variable Interest Entity [Line Items]    
Assets 1,511us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestReceivableMember
1,975us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestReceivableMember
Commercial Securitization | Other Assets    
Variable Interest Entity [Line Items]    
Assets 70us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_OtherAssetsMember
7,198us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_OtherAssetsMember
Commercial Securitization | Accrued Interest Payable    
Variable Interest Entity [Line Items]    
Liabilities 390us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestPayableMember
720us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= rwt_InterestPayableMember
Commercial Securitization | Asset-backed Securities    
Variable Interest Entity [Line Items]    
Liabilities $ 83,313us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_AssetBackedSecuritiesMember
$ 153,693us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= rwt_CommercialSecuritizationEntityMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_AssetBackedSecuritiesMember