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Short-Term Debt - Outstanding Balances of Short-Term Debt by Type of Collateral Securing Debt (Details)
 12 Months Ended
Dec. 31, 2016
USD ($)
Facility
Dec. 31, 2015
USD ($)
Facility
Short-term Debt [Line Items]    
Number of Facilities | Facility 11 16
Outstanding Balance [1] $ 791,539,000 $ 1,855,003,000
Residential loan warehouse    
Short-term Debt [Line Items]    
Number of Facilities | Facility 4 4
Outstanding Balance $ 485,544,000 $ 950,022,000
Limit $ 1,325,000,000 $ 1,400,000,000
Weighted Average Interest Rate 2.40% 1.90%
Weighted Average Days Until Maturity 206 days 182 days
FHLBC    
Short-term Debt [Line Items]    
Number of Facilities | Facility   1
Outstanding Balance   $ 137,622,000
Limit   $ 0
Weighted Average Interest Rate   0.21%
Weighted Average Days Until Maturity   204 days
Commercial loan warehouse    
Short-term Debt [Line Items]    
Number of Facilities | Facility   2
Outstanding Balance   $ 73,718,000
Limit   $ 300,000,000
Weighted Average Interest Rate   4.13%
Weighted Average Days Until Maturity   265 days
Real estate securities repo    
Short-term Debt [Line Items]    
Number of Facilities | Facility 7 9
Outstanding Balance $ 305,995,000 $ 693,641,000
Limit $ 0 $ 0
Weighted Average Interest Rate 1.91% 1.47%
Weighted Average Days Until Maturity 24 days 24 days
[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, 2016 and December 31, 2015, assets of consolidated VIEs totaled $798,317 and $1,195,574, respectively. At December 31, 2016 and December 31, 2015, liabilities of consolidated VIEs totaled $773,980 and $1,050,861, respectively. See Note 4 for further discussion.