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Segment Information - Financial Information by Segment (Detail) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Segment Reporting Information [Line Items]                      
Interest income $ 68,829 $ 63,484 $ 63,373 $ 63,746 $ 65,251 $ 63,351 $ 57,993 $ 55,475 $ 259,432 $ 242,070 $ 226,156
Interest expense (25,039) (23,875) (23,008) (23,961) (23,903) (23,350) (21,151) (19,059) (95,883) (87,463) (80,971)
Net Interest Income 43,790 39,609 40,365 39,785 41,348 40,001 36,842 36,416 163,549 154,607 145,185
Provision for loan losses                 355 (961) (4,737)
Non interest income                      
MSR income (loss)                 (3,922) (4,261) 20,309
Realized gains, net                 36,369 15,478 25,259
Total non interest income, net 19,593 (3,412) 14,104 (5,031) 10,686 28,519 1,475 (4,671) 25,254 37,790 142,353
Direct operating expenses (22,638) (24,497) (25,218) (25,063) (26,462) (21,406) (22,282) (19,973) (97,416) (90,123) (86,607)
Other expense                 0 0 (12,000)
(Provision for) benefit from income taxes                 10,346 (744) (10,948)
Net income 41,059 $ 19,164 $ 27,064 $ 14,801 27,122 $ 45,097 $ 16,017 $ 12,333 102,088 100,569 173,246
Supplemental Disclosures                      
Residential loans 3,928,803       3,398,573       3,928,803 3,398,573  
Commercial loans 402,647       566,927       402,647 566,927  
Real estate securities [1] 1,233,256       1,379,230       1,233,256 1,379,230  
MSRs [1] 191,976       139,293       191,976 139,293  
Total assets [1] 6,231,027       5,918,966       6,231,027 5,918,966  
Mortgage banking and investment activities, net                 (10,385) 24,792 96,785
Other income                 3,192 1,781 0
Amortization                 32,403 33,698 26,442
Hedging allocation                 0    
Operating Segments | Residential Mortgage Banking                      
Segment Reporting Information [Line Items]                      
Interest income                 52,260 58,272 52,517
Interest expense                 (17,207) (12,776) (10,167)
Net Interest Income                 35,053 45,496 42,350
Provision for loan losses                 0 0 0
Non interest income                      
MSR income (loss)                 0 0 0
Realized gains, net                 0 0 0
Total non interest income, net                 8,268 21,554 79,431
Direct operating expenses                 (43,182) (37,664) (22,880)
Other expense                     0
(Provision for) benefit from income taxes                 4,169 (1,774) (5,947)
Net income                 4,308 27,612 92,954
Supplemental Disclosures                      
Residential loans 1,115,738       1,342,519       1,115,738 1,342,519  
Commercial loans 0       0       0 0  
Real estate securities 197,007       93,802       197,007 93,802  
MSRs 0       0       0 0  
Total assets 1,347,492       1,468,856       1,347,492 1,468,856  
Mortgage banking and investment activities, net                 8,268 21,554 79,431
Other income                 0 0  
Amortization                 (186) (181) 0
Hedging allocation                 1,120    
Operating Segments | Residential Investments                      
Segment Reporting Information [Line Items]                      
Interest income                 135,395 110,433 96,399
Interest expense                 (11,204) (11,848) (10,067)
Net Interest Income                 124,191 98,585 86,332
Provision for loan losses                 0 0 0
Non interest income                      
MSR income (loss)                 (3,922) (4,261) 20,309
Realized gains, net                 36,369 13,777 24,765
Total non interest income, net                 15,550 519 39,940
Direct operating expenses                 (4,346) (3,681) (4,035)
Other expense                     0
(Provision for) benefit from income taxes                 847 1,340 (3,027)
Net income                 136,242 96,763 119,210
Supplemental Disclosures                      
Residential loans 1,791,195       581,668       1,791,195 581,668  
Commercial loans 0       0       0 0  
Real estate securities 1,028,171       1,285,428       1,028,171 1,285,428  
MSRs 191,976       139,293       191,976 139,293  
Total assets 3,140,604       2,057,256       3,140,604 2,057,256  
Mortgage banking and investment activities, net                 (20,089) (9,178) (5,134)
Other income                 3,192 181  
Amortization                 36,850 42,784 34,578
Hedging allocation                 (1,070)    
Operating Segments | Commercial Mortgage Banking and Investments                      
Segment Reporting Information [Line Items]                      
Interest income                 46,933 47,567 43,420
Interest expense                 (13,809) (15,836) (12,677)
Net Interest Income                 33,124 31,731 30,743
Provision for loan losses                 355 (84) (3,288)
Non interest income                      
MSR income (loss)                 0 0 0
Realized gains, net                 0 0 210
Total non interest income, net                 2,704 13,440 23,311
Direct operating expenses                 (11,331) (11,324) (9,579)
Other expense                     0
(Provision for) benefit from income taxes                 1,452 (234) (3,827)
Net income                 26,304 33,529 37,360
Supplemental Disclosures                      
Residential loans 0       0       0 0  
Commercial loans 402,647       566,927       402,647 566,927  
Real estate securities 8,078       0       8,078 0  
MSRs 0       0       0 0  
Total assets 416,258       575,943       416,258 575,943  
Mortgage banking and investment activities, net                 2,704 13,440 23,101
Other income                 0 0  
Amortization                 (267) (673) (798)
Hedging allocation                 0    
Corporate/Other                      
Segment Reporting Information [Line Items]                      
Interest income                 24,844 25,798 33,820
Interest expense                 (53,663) (47,003) (48,060)
Net Interest Income                 (28,819) (21,205) (14,240)
Provision for loan losses                 0 (877) (1,449)
Non interest income                      
MSR income (loss)                 0 0 0
Realized gains, net                 0 1,701 284
Total non interest income, net                 (1,268) 2,277 (329)
Direct operating expenses                 (38,557) (37,454) (50,113)
Other expense                 0 0 (12,000)
(Provision for) benefit from income taxes                 3,878 (76) 1,853
Net income                 (64,766) (57,335) (76,278)
Supplemental Disclosures                      
Residential loans 1,021,870       1,474,386       1,021,870 1,474,386  
Commercial loans 0       0       0 0  
Real estate securities 0       0       0 0  
MSRs 0       0       0 0  
Total assets $ 1,326,673       $ 1,816,911       1,326,673 1,816,911  
Mortgage banking and investment activities, net                 (1,268) (1,024) (613)
Other income                 0 1,600  
Amortization                 (3,994) $ (8,232) $ (7,338)
Hedging allocation                 $ (50)    
[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.