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Short-Term Debt - Outstanding Balances of Short-Term Debt by Type of Collateral Securing Debt (Detail)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
USD ($)
Contract
Dec. 31, 2014
USD ($)
Contract
Short-term Debt [Line Items]    
Number of Facilities | Contract 16 17
Outstanding [1] $ 1,855,003 $ 1,793,825
Residential Loans    
Short-term Debt [Line Items]    
Number of Facilities | Contract 4 5
Outstanding $ 950,022 $ 1,076,188
Limit $ 1,400,000 $ 1,550,000
Weighted Average Interest Rate 1.90% 1.74%
Weighted Average Days Until Maturity 182 days 156 days
Residential Loans Held for Investment    
Short-term Debt [Line Items]    
Number of Facilities | Contract 1  
Outstanding $ 137,622  
Limit $ 0  
Weighted Average Interest Rate 0.21%  
Weighted Average Days Until Maturity 204 days  
Commercial Loans    
Short-term Debt [Line Items]    
Number of Facilities | Contract 2 3
Outstanding $ 73,718 $ 109,128
Limit $ 300,000 $ 400,000
Weighted Average Interest Rate 4.13% 3.66%
Weighted Average Days Until Maturity 265 days 185 days
Real Estate Securities    
Short-term Debt [Line Items]    
Number of Facilities | Contract 9 9
Outstanding $ 693,641 $ 608,509
Weighted Average Interest Rate 1.47% 1.38%
Weighted Average Days Until Maturity 24 days 20 days
[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 December 31, 2015 and December 31, 2014, assets of consolidated VIEs totaled $1,195,574 and $1,900,208, respectively. At December 31, 2015 and December 31, 2014, liabilities of consolidated VIEs totaled $1,050,861 and $1,546,490, respectively. See Note 4 for further discussion.