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Short-Term Debt - Remaining Maturities of Short Term Debt (Details) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Short-term Debt [Line Items]    
Short-term debt [1],[2] $ 1,238,196 $ 791,539
Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 422,300  
31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 247,730  
Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 568,166  
Facilities    
Short-term Debt [Line Items]    
Short-term debt 988,054 791,539
Facilities | Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 422,300  
Facilities | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 247,730  
Facilities | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 318,024  
Facilities | Residential loan warehouse    
Short-term Debt [Line Items]    
Short-term debt 438,243 485,544
Facilities | Residential loan warehouse | Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Residential loan warehouse | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 120,219  
Facilities | Residential loan warehouse | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 318,024  
Facilities | Real estate securities repo    
Short-term Debt [Line Items]    
Short-term debt 549,811 $ 305,995
Facilities | Real estate securities repo | Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 422,300  
Facilities | Real estate securities repo | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 127,511  
Facilities | Real estate securities repo | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Convertible notes, net    
Short-term Debt [Line Items]    
Short-term debt 250,142  
Convertible notes, net | Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 0  
Convertible notes, net | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Convertible notes, net | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt $ 250,142  
[1] Includes $250 million of convertible notes, which were reclassified from Long-term debt, net to Short-term debt as the maturity of the notes was less than one year as of April 2017. See Note 11 for further discussion.
[2] 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 September 30, 2017 and December 31, 2016, assets of consolidated VIEs totaled $995,768 and $798,317, respectively. At September 30, 2017 and December 31, 2016, liabilities of consolidated VIEs totaled $945,873 and $773,980, respectively. See Note 4 for further discussion.