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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
Sep. 30, 2017
USD ($)
series
Dec. 31, 2016
USD ($)
series
Debt Instrument [Line Items]    
Total FHLBC Borrowings [1] $ 2,574,439 $ 2,620,683
Asset-backed securities issued    
Debt Instrument [Line Items]    
Market valuation adjustments (69,879) (110,829)
Total FHLBC Borrowings 944,288 773,462
Asset-backed securities issued | Certificates with principal balance    
Debt Instrument [Line Items]    
Certificates with principal balance 1,007,185 880,517
Asset-backed securities issued | Interest-only certificates    
Debt Instrument [Line Items]    
Certificates with principal balance 6,982 3,774
Asset-backed securities issued | Legacy Sequoia    
Debt Instrument [Line Items]    
Market valuation adjustments (75,181) (110,829)
Total FHLBC Borrowings $ 657,960 $ 773,462
Number of series (in series) | series 20 20
Asset-backed securities issued | Legacy Sequoia | Minimum    
Debt Instrument [Line Items]    
Weighted average interest rates, by series 1.20% 0.74%
Asset-backed securities issued | Legacy Sequoia | Maximum    
Debt Instrument [Line Items]    
Weighted average interest rates, by series 2.56% 2.23%
Asset-backed securities issued | Legacy Sequoia | Certificates with principal balance    
Debt Instrument [Line Items]    
Certificates with principal balance $ 730,312 $ 880,517
Asset-backed securities issued | Legacy Sequoia | Interest-only certificates    
Debt Instrument [Line Items]    
Certificates with principal balance 2,829 3,774
Asset-backed securities issued | Sequoia Choice    
Debt Instrument [Line Items]    
Market valuation adjustments 5,302 0
Total FHLBC Borrowings $ 286,328 $ 0
Weighted average interest rates, by series 4.53%  
Number of series (in series) | series 1 0
Asset-backed securities issued | Sequoia Choice | Certificates with principal balance    
Debt Instrument [Line Items]    
Certificates with principal balance $ 276,873 $ 0
Asset-backed securities issued | Sequoia Choice | Interest-only certificates    
Debt Instrument [Line Items]    
Certificates with principal balance $ 4,153 $ 0
[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 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.