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Equity - Changes to Accumulated Other Comprehensive Income (Loss) by Component (Detail) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Roll Forward]    
Balance at beginning of period [1] $ 91,993  
Total other comprehensive income (loss) (35,281) $ (5,048)
Balance at End of Period [1] 56,712  
Net unrealized gains on available-for-sale securities    
Accumulated Other Comprehensive Income (Loss) [Roll Forward]    
Balance at beginning of period 139,356 186,737
Other comprehensive income (loss) before reclassifications (10,103) 5,053
Amounts reclassified from other accumulated comprehensive income (10,953) (1,690)
Total other comprehensive income (loss) (21,056) 3,363
Balance at End of Period 118,300 190,100
Net unrealized losses on interest rate agreements accounted for as cash flow hedges    
Accumulated Other Comprehensive Income (Loss) [Roll Forward]    
Balance at beginning of period (47,363) (46,049)
Other comprehensive income (loss) before reclassifications (14,243) (8,442)
Amounts reclassified from other accumulated comprehensive income 18 31
Total other comprehensive income (loss) (14,225) (8,411)
Balance at End of Period $ (61,588) $ (54,460)
[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 March 31, 2016 and December 31, 2015, assets of consolidated VIEs totaled $1,102,195 and $1,195,574, respectively. At March 31, 2016 and December 31, 2015, liabilities of consolidated VIEs totaled $959,464 and $1,050,861, respectively. See Note 4 for further discussion.