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Short-Term Debt - Remaining Maturities of Short Term Debt (Details) - USD ($) $ in Thousands		Jun. 30, 2022	Dec. 31, 2021
Short-term Debt [Line Items]
Short-term debt	[1]	$ 1,869,822	$ 2,177,362
Within 30 days
Short-term Debt [Line Items]
Short-term debt		57,323
31 to 90 days
Short-term Debt [Line Items]
Short-term debt		166,404
Over 90 days
Short-term Debt [Line Items]
Short-term debt		1,646,095
Facilities
Short-term Debt [Line Items]
Short-term debt		1,637,976	1,882,915
Facilities | Within 30 days
Short-term Debt [Line Items]
Short-term debt		57,323
Facilities | 31 to 90 days
Short-term Debt [Line Items]
Short-term debt		166,404
Facilities | Over 90 days
Short-term Debt [Line Items]
Short-term debt		1,414,249
Facilities | Held-for-sale residential loans
Short-term Debt [Line Items]
Short-term debt		1,085,802	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		128,440
Facilities | Held-for-sale residential loans | Over 90 days
Short-term Debt [Line Items]
Short-term debt		957,362
Facilities | Business purpose loans
Short-term Debt [Line Items]
Short-term debt		456,887
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		456,887
Facilities | Real estate securities
Short-term Debt [Line Items]
Short-term debt		95,287
Facilities | Real estate securities | Within 30 days
Short-term Debt [Line Items]
Short-term debt		57,323
Facilities | Real estate securities | 31 to 90 days
Short-term Debt [Line Items]
Short-term debt		37,964
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		231,846	$ 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		$ 231,846
[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 June 30, 2022 and December 31, 2021, assets of consolidated VIEs totaled $9,951,520 and $10,661,081, respectively. At June 30, 2022 and December 31, 2021, liabilities of consolidated VIEs totaled $8,899,020 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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