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Short-Term Debt - Outstanding Balances of Short-Term Debt by Type of Collateral Securing Debt (Detail)
9 Months Ended 12 Months Ended
Sep. 30, 2015
USD ($)
Contract
Dec. 31, 2014
USD ($)
Contract
Short-term Debt [Line Items]    
Number of Facilities | Contract 16 17
Outstanding [1] $ 1,872,793,000 $ 1,793,825,000
Weighted Average Interest Rate 1.67% 1.73%
Weighted Average Days Until Maturity 128 days 112 days
Residential Loans    
Short-term Debt [Line Items]    
Number of Facilities | Contract 4 5
Outstanding $ 1,161,202,000 $ 1,076,188,000
Weighted Average Interest Rate 1.73% 1.74%
Limit $ 1,550,000,000 $ 1,550,000,000
Weighted Average Days Until Maturity 147 days 156 days
Residential Loans | Minimum    
Short-term Debt [Line Items]    
Maturity 2015-12 2015-02
Residential Loans | Maximum    
Short-term Debt [Line Items]    
Maturity 2016-06 2015-12
Residential Loans Held for Investment    
Short-term Debt [Line Items]    
Number of Facilities | Contract 1  
Outstanding $ 125,689,000  
Weighted Average Interest Rate 0.19%  
Limit $ 0  
Weighted Average Days Until Maturity 286 days  
Residential Loans Held for Investment | Minimum    
Short-term Debt [Line Items]    
Maturity 2016-07  
Residential Loans Held for Investment | Maximum    
Short-term Debt [Line Items]    
Maturity 2016-09  
Commercial Loans    
Short-term Debt [Line Items]    
Number of Facilities | Contract 3 3
Outstanding $ 110,408,000 $ 109,128,000
Weighted Average Interest Rate 3.59% 3.66%
Limit $ 450,000,000 $ 400,000,000
Weighted Average Days Until Maturity 225 days 185 days
Commercial Loans | Minimum    
Short-term Debt [Line Items]    
Maturity 2015-11 2015-04
Commercial Loans | Maximum    
Short-term Debt [Line Items]    
Maturity 2016-09 2016-10
Real Estate Securities    
Short-term Debt [Line Items]    
Number of Facilities | Contract 8 9
Outstanding $ 475,494,000 $ 608,509,000
Weighted Average Interest Rate 1.44% 1.38%
Weighted Average Days Until Maturity 18 days 20 days
Real Estate Securities | Minimum    
Short-term Debt [Line Items]    
Maturity 2015-10 2015-01
Real Estate Securities | Maximum    
Short-term Debt [Line Items]    
Maturity 2015-12 2015-03
[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 Redwood Trust, Inc. or its affiliates. At September 30, 2015 and December 31, 2014, assets of consolidated VIEs totaled $1,539,350 and $1,900,208, respectively. At September 30, 2015 and December 31, 2014, liabilities of consolidated VIEs totaled $1,179,884 and $1,546,490, respectively. See Note 4 for further discussion.