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Short-Term Debt - Remaining Maturities of Short Term Debt (Details) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Short-term Debt [Line Items]
Short-term debt	[1]	$ 1,647,246	$ 2,177,362
Within 30 days
Short-term Debt [Line Items]
Short-term debt		43,675
31 to 90 days
Short-term Debt [Line Items]
Short-term debt		31,770
Over 90 days
Short-term Debt [Line Items]
Short-term debt		1,571,801
Facilities
Short-term Debt [Line Items]
Short-term debt		1,393,853	1,882,915
Facilities | Within 30 days
Short-term Debt [Line Items]
Short-term debt		43,675
Facilities | 31 to 90 days
Short-term Debt [Line Items]
Short-term debt		31,770
Facilities | Over 90 days
Short-term Debt [Line Items]
Short-term debt		1,318,408
Facilities | Held-for-sale residential loans
Short-term Debt [Line Items]
Short-term debt		1,223,247	1,669,344
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		1,223,247
Facilities | Business purpose loans
Short-term Debt [Line Items]
Short-term debt		95,161
Facilities | Business purpose loans | Within 30 days
Short-term Debt [Line Items]
Short-term debt		0
Facilities | Business purpose loans | 31 to 90 days
Short-term Debt [Line Items]
Short-term debt		0
Facilities | Business purpose loans | Over 90 days
Short-term Debt [Line Items]
Short-term debt		95,161
Facilities | Real estate securities
Short-term Debt [Line Items]
Short-term debt		75,445
Facilities | Real estate securities | Within 30 days
Short-term Debt [Line Items]
Short-term debt		43,675
Facilities | Real estate securities | 31 to 90 days
Short-term Debt [Line Items]
Short-term debt		31,770
Facilities | Real estate securities | Over 90 days
Short-term Debt [Line Items]
Short-term debt		0
Servicer advance financing
Short-term Debt [Line Items]
Short-term debt		253,393	$ 294,447
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		$ 253,393
[1] 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, 2022 and December 31, 2021, assets of consolidated VIEs totaled $10,250,802 and $10,661,081, respectively. At March 31, 2022 and December 31, 2021, liabilities of consolidated VIEs totaled $9,202,156 and $9,619,347, respectively. See Note 4 for further discussion.

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Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.

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