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Short-Term Debt - Remaining Maturities of Short Term Debt (Details) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Short-term Debt [Line Items]    
Short-term debt [1],[2] $ 2,462,885 $ 2,400,279
Within 30 days    
Short-term Debt [Line Items]    
Short-term debt 871,520  
31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 532,198  
Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 1,059,167  
Facilities    
Short-term Debt [Line Items]    
Short-term debt 2,026,418 1,937,920
Facilities | Within 30 days    
Short-term Debt [Line Items]    
Short-term debt 871,520  
Facilities | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 532,198  
Facilities | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 622,700  
Facilities | Held-for-sale residential loans    
Short-term Debt [Line Items]    
Short-term debt 638,055 860,650
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 189,798  
Facilities | Held-for-sale residential loans | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 448,257  
Facilities | Real estate securities    
Short-term Debt [Line Items]    
Short-term debt 1,213,920  
Facilities | Real estate securities | Within 30 days    
Short-term Debt [Line Items]    
Short-term debt 871,520  
Facilities | Real estate securities | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 342,400  
Facilities | Real estate securities | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Single-family rental loans    
Short-term Debt [Line Items]    
Short-term debt 53,998 22,053
Facilities | Single-family rental loans | Within 30 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Single-family rental loans | 31 to 90 days    
Short-term Debt [Line Items]    
Short-term debt 0  
Facilities | Single-family rental loans | Over 90 days    
Short-term Debt [Line Items]    
Short-term debt 53,998  
Facilities | Residential bridge loans    
Short-term Debt [Line Items]    
Short-term debt 120,445 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 120,445  
Servicer advance financing    
Short-term Debt [Line Items]    
Short-term debt 236,231 262,740
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 236,231  
Convertible notes, net    
Short-term Debt [Line Items]    
Short-term debt 200,236 $ 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 $ 200,236  
[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 June 30, 2019 and December 31, 2018, assets of consolidated VIEs totaled $7,937,685 and $6,331,191, respectively. At June 30, 2019 and December 31, 2018, liabilities of consolidated VIEs totaled $7,189,086 and $5,709,807, respectively. See Note 4 for further discussion.