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Commercial Loans - Additional Information (Details) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2015
loan
Mar. 31, 2014
Dec. 31, 2014
loan
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Aggregate fair value $ 460,342,000us-gaap_LoansAndLeasesReceivableNetReportedAmountCommercial   $ 566,927,000us-gaap_LoansAndLeasesReceivableNetReportedAmountCommercial
Senior commercial loans, held for sale 2,558,425,000us-gaap_PaymentsToPurchaseLoansHeldForSale 1,181,488,000us-gaap_PaymentsToPurchaseLoansHeldForSale  
Sale of loan for third party, held for sale 2,455,452,000us-gaap_ProceedsFromSaleOfLoansHeldForSale 785,380,000us-gaap_ProceedsFromSaleOfLoansHeldForSale  
Commercial Loans Held For Sale      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans 5us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForSaleMember
  13us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForSaleMember
Principal balance 53,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForSaleMember
  163,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForSaleMember
Aggregate fair value 54,407,000us-gaap_LoansAndLeasesReceivableNetReportedAmountCommercial
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForSaleMember
[1]   166,234,000us-gaap_LoansAndLeasesReceivableNetReportedAmountCommercial
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForSaleMember
[1]
Senior commercial loans, held for sale 93,000,000us-gaap_PaymentsToPurchaseLoansHeldForSale
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForSaleMember
   
Sale of loan for third party, held for sale 203,000,000us-gaap_ProceedsFromSaleOfLoansHeldForSale
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForSaleMember
   
Valuation adjustments 6,000,000us-gaap_MortgageLoansOnRealEstatePeriodIncreaseDecrease
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForSaleMember
2,000,000us-gaap_MortgageLoansOnRealEstatePeriodIncreaseDecrease
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForSaleMember
 
Commercial Loans Held-for-Investment, at Fair Value      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans 3us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtFairValueMember
   
Principal balance 67,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtFairValueMember
  68,000,000us-gaap_PrincipalAmountOutstandingOnLoansManagedAndSecuritized
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtFairValueMember
Aggregate fair value 72,619,000us-gaap_LoansAndLeasesReceivableNetReportedAmountCommercial
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtFairValueMember
  71,262,000us-gaap_LoansAndLeasesReceivableNetReportedAmountCommercial
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtFairValueMember
Valuation adjustments 2,000,000us-gaap_MortgageLoansOnRealEstatePeriodIncreaseDecrease
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtFairValueMember
1,000,000us-gaap_MortgageLoansOnRealEstatePeriodIncreaseDecrease
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtFairValueMember
 
Commercial Loans Held-for-Investment, at Amortized Cost      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Number of loans 62us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
  60us-gaap_MortgageLoansOnRealEstateNumberOfLoans
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
Aggregate fair value 333,316,000us-gaap_LoansAndLeasesReceivableNetReportedAmountCommercial
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
  329,431,000us-gaap_LoansAndLeasesReceivableNetReportedAmountCommercial
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
Acquired amount of loans held for investment 8,000,000us-gaap_PaymentsToAcquireLoansHeldForInvestment
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
   
Recorded investment in loans 340,978,000us-gaap_NotesReceivableNet
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
  336,888,000us-gaap_NotesReceivableNet
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
Commercial Loans Held-for-Investment, at Amortized Cost | Originated During 2015      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Percentage of loan portfolio originated in year 2.00%rwt_PercentageOfLoanPortfolio
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_FiscalYearTwentyFifteenMember
   
Commercial Loans Held-for-Investment, at Amortized Cost | Originated During 2014      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Percentage of loan portfolio originated in year 17.00%rwt_PercentageOfLoanPortfolio
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_FiscalYearTwentyFourteenMember
   
Commercial Loans Held-for-Investment, at Amortized Cost | Originated During 2013      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Percentage of loan portfolio originated in year 17.00%rwt_PercentageOfLoanPortfolio
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_OriginatedDuringTwentyThirteenMember
   
Commercial Loans Held-for-Investment, at Amortized Cost | Originated During 2012      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Percentage of loan portfolio originated in year 36.00%rwt_PercentageOfLoanPortfolio
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_OriginatedDuringTwentyTwelveMember
   
Commercial Loans Held-for-Investment, at Amortized Cost | Originated During 2011      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Percentage of loan portfolio originated in year 24.00%rwt_PercentageOfLoanPortfolio
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_OriginatedDuringTwentyElevenMember
   
Commercial Loans Held-for-Investment, at Amortized Cost | Originated During 2010      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Percentage of loan portfolio originated in year 4.00%rwt_PercentageOfLoanPortfolio
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentAtAmortizedCostMember
/ us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis
= rwt_OriginatedDuringTwentyTenMember
   
Commercial Loans Held For Investment      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Aggregate fair value $ 405,935,000us-gaap_LoansAndLeasesReceivableNetReportedAmountCommercial
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentMember
[1]   $ 400,693,000us-gaap_LoansAndLeasesReceivableNetReportedAmountCommercial
/ us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis
= rwt_CommercialLoansHeldForInvestmentMember
[1]
[1] Our consolidated balance sheets include assets of consolidated variable interest entities (“VIEs”) that can only be used to settle obligations of these VIEs and liabilities of consolidated VIEs for which creditors do not have recourse to the primary beneficiary (Redwood Trust, Inc.). At March 31, 2015 and December 31, 2014, assets of consolidated VIEs totaled $1,716,563 and $1,900,208, respectively, and liabilities of consolidated VIEs totaled $1,354,298 and $1,546,490, respectively. See Note 4 for further discussion.