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Equity Compensation Plans - Additional Information (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Jan. 01, 2022
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
May 31, 2020
Dec. 31, 2018
May 31, 2018
executive
$ / shares
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
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)             43,225    
Unrecognized compensation cost | $   $ 27,664       $ 27,664 $ 42,383 $ 27,664  
Weighted average amortization period remaining for equity awards (in years)             2 years    
Long-term incentive award expense | $             $ 19,938 $ 12,439 $ 13,402
Shares of common stock to be purchased in aggregate for all employees (in shares)             850,000    
Number of shares purchased by employees (in shares)             569,728    
Number of additional shares authorized                 200,000
Redwood Incentive Plan                  
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)   7,957,891       7,957,891 5,958,390 7,957,891  
Restricted Stock Awards                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation cost | $             $ 100    
Weighted average amortization period remaining for equity awards (in years)             1 year    
Long-term incentive award expense | $               $ 500 $ 2,000
Number of stock awards granted (in shares)             0 0 0
Number of stock awards forfeited (in shares)             0 34,857 0
Granted (in dollars per share) | $ / shares             $ 0 $ 0 $ 0
Number of stock awards vested (in shares)             50,857 102,615 118,136
Restricted Stock Awards | Redwood Incentive Plan                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation cost | $   $ 564       $ 564 $ 84 $ 564  
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    
Long-term incentive award expense | $             $ 2,000 $ 1,000 $ 1,000
Number of stock awards granted (in shares)             272,261 205,482 270,297
Number of stock awards forfeited (in shares)             45,343 130,155 0
Granted (in dollars per share) | $ / shares             $ 8.80 $ 16.86 $ 15.66
Number of stock awards vested (in shares)             78,270 68,076 0
Restricted Stock Units | Redwood Incentive Plan                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation cost | $   $ 3,540       $ 3,540 $ 3,589 $ 3,540  
Deferred Stock Units                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation cost | $             26,000    
Long-term incentive award expense | $             $ 9,000 $ 8,000 $ 8,000
Unvested outstanding stock awards (in units)   1,599,019       1,599,019 2,552,186 1,599,019  
Weighted-average grant date fair value of stock awards (in dollars per unit) | $ / shares   $ 13.30       $ 13.30 $ 12.07 $ 13.30  
Number of stock awards granted (in shares)             1,588,862 1,186,154 733,096
Number of stock awards forfeited (in shares)             31,161 291,253 19,898
Share-based compensation, vesting period (in years)             4 years    
Granted (in dollars per share) | $ / shares             $ 12.04 $ 10.69 $ 16.06
Deferred Stock Units | Redwood Incentive Plan                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation cost | $   $ 17,766       $ 17,766 $ 26,473 $ 17,766  
Performance Stock Units                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation cost | $             $ 12,000    
Long-term incentive award expense | $               $ 100 $ 3,000
Unvested outstanding stock awards (in units)   978,735       978,735 1,473,883 978,735  
Weighted-average grant date fair value of stock awards (in dollars per unit) | $ / shares   $ 10.42       $ 10.42 $ 15.68 $ 10.42 $ 17.13
Number of stock awards granted (in shares)             518,173 473,845 307,938
Number of stock awards forfeited (in shares)             0 99,175 0
Share-based compensation, vesting period (in years)             3 years    
BvTSR for tranche (as a percent)             7.70%    
TSR performance period (in years)                 3 years
Adjustment to stock-based compensation | $             $ 1,000    
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 | Redwood Incentive Plan                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation cost | $   $ 5,794       $ 5,794 $ 12,237 $ 5,794  
Performance Stock Units | Performance Share Units (PSUs), 2020                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Grant date fair value (in dollars per share) | $ / shares             $ 15.68 $ 10.42  
Grant date fair value assumptions, volatility rate             59.00% 54.00%  
Grant date fair value assumptions, risk-free rate             0.98% 0.18%  
Grant date fair value assumptions, dividend yield             0.00% 0.00%  
TSR performance period (in years)             3 years    
Performance Stock Units | Performance Share Units (PSUs), 2019                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Grant date fair value (in dollars per share) | $ / shares               $ 17.13  
Stock price valuation period                 60 days
Grant date fair value assumptions, volatility rate               15.00%  
Grant date fair value assumptions, risk-free rate               1.68%  
Grant date fair value assumptions, dividend yield               0.00%  
TSR performance period (in years)               3 years  
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)             518,173 473,845 275,831
Vesting percentage if TSR is 25%             100.00%    
BvTSR for tranche (as a percent)             25.00%    
Relative increase/decrease in vesting percentage based on TSR             50.00%    
Vesting percentage cap if first 2 steps yield a vesting level greater than 100%       100.00%          
Grant date fair value (in dollars per share) | $ / shares                 $ 17.23
Grant date fair value assumptions, volatility rate                 22.00%
Grant date fair value assumptions, risk-free rate                 2.78%
Grant date fair value assumptions, dividend yield                 0.00%
TSR performance period (in years)                 3 years
Performance Stock Units | Performance Share Units (PSUs), 2018 | Subsequent Event                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Number of stock awards granted (in shares) 206,034                
Performance Stock Units | Performance Share Units (PSUs), 2016                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Number of stock awards vested (in shares)           222,769      
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), 2020                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting percentage   200.00%              
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%          
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), 2020                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting percentage   0.00%              
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%