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Asset-Backed Securities Issued - Components of Asset-Backed Securities Issued by Consolidated Securitization Entities Sponsored, Along With Other Selected Information (Details)
$ in Thousands
Mar. 31, 2017
USD ($)
series
Dec. 31, 2016
USD ($)
series
Debt Instrument [Line Items]    
Total FHLBC Borrowings [1] $ 2,621,494 $ 2,620,683
Asset-backed securities issued | Sequoia    
Debt Instrument [Line Items]    
Market valuation adjustments (98,573) (110,829)
Total FHLBC Borrowings $ 728,391 $ 773,462
Number of series (in series) | series 20 20
Asset-backed securities issued | Sequoia | Minimum    
Debt Instrument [Line Items]    
Weighted average interest rates, by series (as a percent) 0.20% 0.15%
Asset-backed securities issued | Sequoia | Maximum    
Debt Instrument [Line Items]    
Weighted average interest rates, by series (as a percent) 2.13% 1.95%
Asset-backed securities issued | Sequoia | Certificates with principal balance    
Debt Instrument [Line Items]    
Certificates with principal balance $ 823,754 $ 880,517
Asset-backed securities issued | Sequoia | Interest-only certificates    
Debt Instrument [Line Items]    
Certificates with principal balance $ 3,210 $ 3,774
[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, 2017 and December 31, 2016, assets of consolidated VIEs totaled $750,694 and $798,317, respectively. At March 31, 2017 and December 31, 2016, liabilities of consolidated VIEs totaled $728,923 and $773,980, respectively. See Note 4 for further discussion.