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Short-Term Debt - Remaining Maturities of Short Term Debt (Details) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Short-term Debt [Line Items]    
Short-term debt [1],[2] $ 2,163,231 $ 2,400,279
Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 865,177  
31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 223,202  
Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 1,074,852  
Facilities    
Short-term Debt [Line Items]    
Short-term debt 1,713,749 1,937,920
Facilities | Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 865,177  
Facilities | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 223,202  
Facilities | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 625,370  
Facilities | Held-for-sale residential loans    
Short-term Debt [Line Items]    
Short-term debt 526,341 860,650
Facilities | Held-for-sale residential loans | Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Held-for-sale residential loans | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Held-for-sale residential loans | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 526,341  
Facilities | Real estate securities    
Short-term Debt [Line Items]    
Short-term debt 1,081,079  
Facilities | Real estate securities | Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 857,877  
Facilities | Real estate securities | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 223,202  
Facilities | Real estate securities | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Single-family rental loan warehouse    
Short-term Debt [Line Items]    
Short-term debt 37,436 22,053
Facilities | Single-family rental loan warehouse | Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Single-family rental loan warehouse | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Single-family rental loan warehouse | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 37,436  
Facilities | Residential bridge loans    
Short-term Debt [Line Items]    
Short-term debt 61,593 66,327
Facilities | Residential bridge loans | Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Residential bridge loans | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Residential bridge loans | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 61,593  
Facilities | Business purpose loan working capital    
Short-term Debt [Line Items]    
Short-term debt 7,300  
Facilities | Business purpose loan working capital | Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 7,300  
Facilities | Business purpose loan working capital | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Business purpose loan working capital | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Servicer advance financing    
Short-term Debt [Line Items]    
Short-term debt 249,557 262,740
Servicer advance financing | Within 30 Days    
Short-term Debt [Line Items]    
Short-term debt 0  
Servicer advance financing | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Servicer advance financing | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 249,557  
Convertible notes, net    
Short-term Debt [Line Items]    
Short-term debt 199,925 $ 199,619
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 $ 199,925  
[1] Includes $201 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 November 15, 2018. See Note 13 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 March 31, 2019 and December 31, 2018, assets of consolidated VIEs totaled $6,585,881 and $6,331,191, respectively. At March 31, 2019 and December 31, 2018, liabilities of consolidated VIEs totaled $5,925,677 and $5,709,807, respectively. See Note 4 for further discussion.