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Equity Compensation Plans - Additional Information (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Oct. 15, 2019
Dec. 31, 2018
USD ($)
$ / shares
shares
May 31, 2018
executive
$ / shares
shares
Dec. 31, 2017
$ / shares
May 31, 2014
Dec. 31, 2018
USD ($)
$ / shares
shares
Dec. 31, 2017
$ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
Dec. 31, 2018
USD ($)
$ / shares
shares
Dec. 31, 2017
USD ($)
$ / shares
shares
Dec. 31, 2016
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)   4,616,776       4,616,776   3,637,480 4,616,776    
Unrecognized compensation cost | $   $ 25,122       $ 25,122   $ 32,328 $ 25,122    
Weighted average amortization period remaining for equity awards (in years)               2 years      
Equity compensation expense | $               $ 13,402 $ 12,388 $ 10,141  
Share-based compensation, vesting period (in years) 2 years                    
Shares of common stock to be purchased in aggregate for all employees (in shares)               600,000      
Number of shares purchased by employees (in shares)               430,772      
Number of additional shares authorized                 200,000    
Restricted Stock Awards                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Unrecognized compensation cost | $               $ 2,000      
Weighted average amortization period remaining for equity awards (in years)               2 years      
Equity compensation expense | $               $ 2,000 $ 2,000 $ 1,000  
Number of stock awards granted (in shares)               0 168,537 134,364  
Number of stock awards forfeited (in shares)               0 7,470 19,444  
Granted (in dollars per share) | $ / shares               $ 0 $ 14.71 $ 16.52  
Number of stock awards vested (in shares)               118,136 83,968 61,928  
Restricted Stock Units                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Unrecognized compensation cost | $               $ 4,000      
Weighted average amortization period remaining for equity awards (in years)               2 years      
Equity compensation expense | $               $ 1,000 $ 100    
Number of stock awards granted (in shares)               270,297 4,876 0  
Number of stock awards forfeited (in shares)               0 0 0  
Granted (in dollars per share) | $ / shares               $ 15.66 $ 15.38 $ 0  
Number of stock awards vested (in shares)               0 0 0  
Deferred Stock Units                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Unrecognized compensation cost | $               $ 18,000      
Equity compensation expense | $               $ 8,000 $ 8,000 $ 6,000  
Unvested outstanding stock awards (in units)   1,155,098       1,155,098   1,344,743 1,155,098    
Weighted-average grant date fair value of stock awards (in dollars per unit) | $ / shares   $ 15.18       $ 15.18   $ 15.76 $ 15.18    
Number of stock awards vested (in units)   1,181,623       1,181,623   1,286,063 1,181,623    
Number of stock awards granted (in shares)               733,096 670,254 565,921  
Number of stock awards forfeited (in shares)               19,898 0 31,875  
Granted (in dollars per share) | $ / shares               $ 16.06 $ 15.53 $ 16.01  
Performance Stock Units                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Unrecognized compensation cost | $               $ 9,000      
Equity compensation expense | $               $ 3,000 $ 3,000 $ 3,000  
Unvested outstanding stock awards (in units)   725,616       725,616   839,070 725,616    
Weighted-average grant date fair value of stock awards (in dollars per unit) | $ / shares   $ 17.05   $ 13.24   $ 17.05 $ 13.24 $ 17.13 $ 17.05 $ 13.24  
Number of stock awards granted (in shares)               307,938 258,078 273,054  
Number of stock awards forfeited (in shares)               0 0 0  
Share-based compensation, vesting period (in years)               3 years     3 years
TSR performance period (in years)               3 years      
Grant date fair value assumptions, dividend rate, risk-free rate, treasury rate measurement period (in years)               3 years      
Performance Stock Units | Executives                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of stock awards granted (in shares)     23,025                
Stock price valuation period     60 days                
Grant date fair value assumptions, volatility rate     27.00%                
Grant date fair value assumptions, risk-free rate     2.71%                
Grant date fair value assumptions, dividend yield     0.00%                
Granted (in dollars per share) | $ / shares     $ 15.20                
Number of executives granted PSUs in connection with promotions | executive     2                
Performance Stock Units | Performance Share Units (PSUs), 2018                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of stock awards granted (in shares)               307,938 235,053    
Share-based compensation, vesting period (in years)               3 years      
Vesting percentage if bvTSR is 25%   100.00%                  
Relative increase/decrease in vesting percentage based on rTSR   50.00%                  
Vesting percentage cap if first 2 steps yield a vesting level greater than 100%   100.00%                  
Stock price valuation period   60 days                  
Grant date fair value (in dollars per share) | $ / shares   $ 17.23           $ 17.13      
Grant date fair value assumptions, volatility rate   22.00%           15.00%      
Grant date fair value assumptions, risk-free rate   2.78%           1.68%      
Grant date fair value assumptions, dividend yield   0.00%           0.00%      
Performance Stock Units | Performance Share Units (PSUs), 2017                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Share-based compensation, vesting period (in years)                   3 years  
Stock price valuation period                   60 days  
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%  
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]                      
TSR performance period (in years)                     2 years
Grant date fair value assumptions, average closing stock price of common stock, measurement period (in days)                     60 days
Number of stock awards vested (in shares)                     222,769
Performance Stock Units | Performance Share Units (PSUs), 2015                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of stock awards vested (in shares)           387,937 0        
Maximum                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Share-based compensation, vesting period (in years)         4 years            
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), 2018                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage   250.00%                  
First baseline vesting percentage   200.00%                  
Maximum | Performance Stock Units | Performance Share Units (PSUs), 2017                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Equity awards, vesting percentage       200.00%              
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), 2018                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage   0.00%                  
First baseline vesting percentage   0.00%                  
Minimum | Performance Stock Units | Performance Share Units (PSUs), 2017                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Equity awards, vesting percentage       0.00%