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Derivative Financial Instruments - Additional Information (Detail)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
USD ($)
counterparty
Mar. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Derivative [Line Items]        
Notional amount $ 4,635,085   $ 6,483,976  
Accumulated other comprehensive income (loss) [1] $ 56,712   91,993  
Number of counterparties | counterparty 4      
Net unrealized losses on interest rate agreements accounted for as cash flow hedges        
Derivative [Line Items]        
Accumulated other comprehensive income (loss) $ (61,588) $ (54,460) (47,363) $ (46,049)
Loan Purchase and Forward Sales Commitments        
Derivative [Line Items]        
Market valuations gains and losses, net 13,000 18,000    
Interest rate swaps | Cash Flow Hedging        
Derivative [Line Items]        
Notional amount 140,000      
Valuation adjustments on derivatives (14,000) (8,000)    
Unsecuritized Residential and Commercial Loans        
Derivative [Line Items]        
Valuation adjustments on derivatives (8,000) $ (12,000)    
Unsecuritized Residential and Commercial Loans | Interest Rate Contract        
Derivative [Line Items]        
Notional amount 2,060,000   2,620,000  
Unsecuritized Residential and Commercial Loans | Futures        
Derivative [Line Items]        
Notional amount 150,000   78,000  
Unsecuritized Residential and Commercial Loans | TBAs        
Derivative [Line Items]        
Notional amount $ 1,150,000   $ 2,480,000  
[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.