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Residential Loans - Summary of Classifications and Carrying Value of Residential Loans (Detail) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Mortgage Loans on Real Estate [Line Items]    
Residential loans $ 3,715,056 $ 3,928,803
Residential Loans Held For Sale    
Mortgage Loans on Real Estate [Line Items]    
Residential loans [1] 441,076 1,115,738
Residential Loans at Fair Value    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 440,000 1,110,000
Residential Loans at Fair Value | Conforming Loan    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 1,387 129,819
Residential Loans at Fair Value | Jumbo Loan    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 438,287 984,486
Residential Loans at Lower of Cost or Fair Value    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 1,402 1,433
Residential Loans Held For Investment at Fair Value    
Mortgage Loans on Real Estate [Line Items]    
Residential loans   1,790,000
Residential Loans Held For Investment at Fair Value | Jumbo Loan    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 3,273,980 2,813,065
Redwood    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 2,785,029 2,906,933
Redwood | Residential Loans Held For Sale    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 441,076 1,115,738
Redwood | Residential Loans at Fair Value | Conforming Loan    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 1,387 129,819
Redwood | Residential Loans at Fair Value | Jumbo Loan    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 438,287 984,486
Redwood | Residential Loans at Lower of Cost or Fair Value    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 1,402 1,433
Redwood | Residential Loans Held For Investment at Fair Value | Jumbo Loan    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 2,343,953 1,791,195
Sequoia    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 930,027 1,021,870
Sequoia | Residential Loans Held For Sale    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 0 0
Sequoia | Residential Loans at Fair Value | Conforming Loan    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 0 0
Sequoia | Residential Loans at Fair Value | Jumbo Loan    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 0 0
Sequoia | Residential Loans at Lower of Cost or Fair Value    
Mortgage Loans on Real Estate [Line Items]    
Residential loans 0 0
Sequoia | Residential Loans Held For Investment at Fair Value | Jumbo Loan    
Mortgage Loans on Real Estate [Line Items]    
Residential loans $ 930,027 $ 1,021,870
[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.