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Equity Compensation Plans - Additional Information (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
May 31, 2014
Dec. 31, 2017
USD ($)
$ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Mar. 31, 2016
USD ($)
executive
Dec. 31, 2015
$ / shares
shares
Dec. 31, 2017
USD ($)
tranche
measurement_period
$ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Shares of common stock available for grant under Redwood's Incentive Plan (in shares)   1,356,438 1,787,974     1,356,438 1,787,974  
Unrecognized compensation cost | $   $ 21,470 $ 18,146     $ 21,470 $ 18,146  
Equity compensation expense | $           10,141 9,093 $ 11,921
Share-based compensation expense including restructuring | $           $ 10,141    
Number of shares purchased by employees (in shares)           361,006    
Performance Share Units (PSUs), 2017                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Grant date fair value assumptions, average closing stock price of common stock, measurement period (in days)           60 days    
Restricted Stock                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Unrecognized compensation cost | $   3,000       $ 3,000    
Weighted average amortization period remaining for equity awards (in years)           2 years    
Equity compensation expense | $           $ 1,000 $ 1,000 $ 1,000
Number of stock awards granted (in shares)           134,364 144,056 141,069
Number of stock awards forfeited (in shares)           19,444 76,614 20,678
Number of stock awards vested (in shares)           61,928 50,107 42,675
Deferred Stock Units                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Unrecognized compensation cost | $   $ 13,000       $ 13,000    
Equity compensation expense | $           $ 6,000 $ 9,000 $ 7,000
Unvested outstanding stock awards (in units)   988,656 908,963   1,043,606 988,656 908,963 1,043,606
Weighted-average grant date fair value of stock awards (in dollars per unit) | $ / shares   $ 15.20 $ 14.96   $ 17.22 $ 15.20 $ 14.96 $ 17.22
Share-based compensation expense including restructuring | $       $ 3,000        
Number of executives departing | executive       2        
Number of stock awards vested (in units)   889,835 939,899   1,363,548 889,835 939,899 1,363,548
Number of stock awards granted (in shares)           565,921 565,061 583,958
Number of stock awards forfeited (in shares)           31,875 62,894 10,167
Performance Stock Units                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Unrecognized compensation cost | $   $ 5,000       $ 5,000    
Equity compensation expense | $           $ 2,000 $ 3,000 $ 3,000
Unvested outstanding stock awards (in units)   704,270 642,879     704,270 642,879  
Weighted-average grant date fair value of stock awards (in dollars per unit) | $ / shares   $ 11.17 $ 13.24   $ 9.46 $ 11.17 $ 13.24 $ 9.46
Share-based compensation expense including restructuring | $       $ 600        
Number of executives departing | executive       2        
Number of stock awards granted (in shares)           273,054 194,484 356,762
Number of stock awards forfeited (in shares)           0 208,330 0
Performance Stock Units | Performance Share Units (PSUs), 2015 and 2017                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Share-based compensation, vesting period (in years)           3 years    
TSR performance period (in years)           3 years    
Award vesting rights, total share return, percentage           125.00%    
Performance Stock Units | Performance Share Units (PSUs), 2016                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Share-based compensation, vesting period (in years)           3 years    
TSR performance period (in years)           2 years    
Performance shares, number of measurement periods | measurement_period           4    
Performance shares, number of vesting tranches | tranche           4    
Grant date fair value assumptions, average closing stock price of common stock, measurement period (in days)           60 days    
Grant date fair value assumptions, volatility rate           29.00%    
Grant date fair value assumptions, risk-free rate           1.57%    
Grant date fair value assumptions, dividend yield           0.00%    
Grant date fair value assumptions, dividend rate, risk-free rate, treasury rate measurement period (in years)           3 years    
Performance Stock Units | Performance Share Units (PSUs), 2017                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
TSR performance period (in years)           3 years    
Grant date fair value assumptions, volatility rate           27.00%    
Grant date fair value assumptions, risk-free rate           1.90%    
Grant date fair value assumptions, dividend yield           0.00%    
Performance Stock Units | Performance Share Units (PSUs), 2015                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
TSR performance period (in years)           3 years    
Grant date fair value assumptions, average closing stock price of common stock, measurement period (in days)           40 days    
Grant date fair value assumptions, volatility rate           26.00%    
Grant date fair value assumptions, risk-free rate           1.35%    
Grant date fair value assumptions, dividend yield           0.00%    
Grant date fair value assumptions, dividend rate, risk-free rate, treasury rate measurement period (in years)           3 years    
Performance Stock Units | Performance Share Units (PSUs), 2014                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
TSR performance period (in years)   3 years            
Number of stock awards vested (in shares)   0            
Performance Stock Units | Performance Share Units (PSUs), 2013                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
TSR performance period (in years)     3 years          
Number of stock awards vested (in shares)     0          
Performance Stock Units | Performance Share Units (PSUs), 2012                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
TSR performance period (in years)         3 years      
Number of stock awards vested (in shares)         57,049      
Maximum                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Weighted average amortization period remaining for equity awards (in years)           2 years    
Share-based compensation, vesting period (in years) 4 years              
Shares of common stock to be purchased in aggregate for all employees (in shares)   450,000       450,000    
Maximum | Deferred Stock Units                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Weighted average amortization period remaining for equity awards (in years)           2 years    
Maximum | Performance Stock Units | Performance Share Units (PSUs), 2015 and 2017                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Equity awards, vesting percentage           200.00%    
Maximum | Performance Stock Units | Performance Share Units (PSUs), 2016                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Equity awards, vesting percentage           200.00%    
Award vesting rights, total share return, percentage           72.00%    
Minimum                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Share-based compensation, vesting period (in years) 3 years              
Minimum | Performance Stock Units | Performance Share Units (PSUs), 2015 and 2017                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Equity awards, vesting percentage           0.00%    
Minimum | Performance Stock Units | Performance Share Units (PSUs), 2016                
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                
Equity awards, vesting percentage           0.00%