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Equity Compensation Plans - Additional Information (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Jun. 30, 2018
Sep. 30, 2018
Dec. 31, 2017
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) 4,875,504   4,875,504 1,356,438
Additional shares authorized under Incentive Plan 4,000,000      
Unrecognized compensation cost $ 19,420   $ 19,420 $ 21,470
Number of shares purchased by employees (in shares)     382,696 361,006
Maximum        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Weighted average amortization period remaining for equity awards (less than)     2 years  
Shares of common stock to be purchased in aggregate for all employees (in shares) 450,000   450,000  
Performance Share Units (PSUs), 2017        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Fair value, average closing price of common stock, measurement period   60 days    
Restricted Stock        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Unvested outstanding stock awards (in shares) 329,042   329,042 257,507
Number of stock awards granted (in shares)     162,330  
Number of stock awards vested (in shares)     83,325  
Number of stock awards forfeited (in shares)     7,470  
Deferred Stock Units        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Unvested outstanding stock awards (in shares) 2,241,887   2,241,887 1,878,491
Number of stock awards granted (in shares)     395,917  
Number of stock awards vested (in shares)     1,269,946 889,835
Number of stock awards forfeited (in shares)     0  
Number of stock awards distributed (in shares)     32,521  
Performance Stock Units        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Unvested outstanding stock awards (in shares) 727,295   727,295 704,270
Number of stock awards granted (in shares)   23,025    
Share-based compensation, vesting period (in years)   3 years 3 years  
PSU, weighted average grant date fair value (in dollars per share)   $ 15.20    
Performance Stock Units | Performance Share Units (PSUs), 2015 and 2017        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
TSR, percent     125.00%  
Performance Stock Units | Performance Share Units (PSUs), 2015 and 2017 | Maximum        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award vesting rights, percentage     200.00%  
Performance Stock Units | Performance Share Units (PSUs), 2015 and 2017 | Minimum        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award vesting rights, percentage     0.00%  
Performance Stock Units | Performance Share Units (PSUs), 2017        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Fair value assumptions, expected volatility rate     27.00%  
Fair value assumptions, risk free interest rate     2.71%  
Fair value, expected dividend rate     0.00%  
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