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Equity - Changes to Accumulated Other Comprehensive Income (Loss) by Component (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Roll Forward]        
Beginning balance     $ 1,146,265 [1] $ 1,256,141
Total other comprehensive income (loss) $ (10,381) $ 5,054 (45,662) 6
Ending balance 1,092,603 [1] 1,264,784 1,092,603 [1] 1,264,784
Accumulated Net Investment Gain (Loss) Including Portion Attributable to Noncontrolling Interest        
Accumulated Other Comprehensive Income (Loss) [Roll Forward]        
Beginning balance 118,300 190,100 139,356 186,737
Other comprehensive income (loss) before reclassifications 6,260 (5,080) (3,843) (28)
Amounts reclassified from other accumulated comprehensive income (7,711) (5,361) (18,664) (7,050)
Total other comprehensive income (loss) (1,451) (10,441) (22,507) (7,078)
Ending balance 116,849 179,659 116,849 179,659
Accumulated Net Gain (Loss) from Cash Flow Hedges Including Portion Attributable to Noncontrolling Interest        
Accumulated Other Comprehensive Income (Loss) [Roll Forward]        
Beginning balance (61,588) (54,460) (47,363) (46,049)
Other comprehensive income (loss) before reclassifications (8,949) 15,469 (23,192) 7,026
Amounts reclassified from other accumulated comprehensive income 19 26 37 58
Total other comprehensive income (loss) (8,930) 15,495 (23,155) 7,084
Ending balance $ (70,518) $ (38,965) $ (70,518) $ (38,965)
[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 June 30, 2016 and December 31, 2015, assets of consolidated VIEs totaled $888,026 and $1,195,574, respectively. At June 30, 2016 and December 31, 2015, liabilities of consolidated VIEs totaled $860,256 and $1,050,861, respectively. See Note 4 for further discussion.