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Commitments and Contingencies - Additional Information (Details)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Jul. 01, 2022
USD ($)
Sep. 30, 2022
USD ($)
lease
Mar. 31, 2022
USD ($)
Sep. 30, 2021
USD ($)
Sep. 30, 2022
USD ($)
repurchase_request
lease
loan
Sep. 30, 2021
USD ($)
repurchase_request
loan
Dec. 31, 2021
USD ($)
Dec. 31, 2018
partnership
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Loss Contingencies [Line Items]                    
Lessee, number of leases | lease   10     10          
Present value of remaining lease payments   $ 22,326     $ 22,326          
Operating lease expense         4,000 $ 3,000        
Number of leases assumed | lease   3                
Operating lease liabilities   $ 19,533     $ 19,533   $ 20,960      
Operating lease liability, statement of financial position [Extensible List]   Accounts Payable and Accrued Liabilities     Accounts Payable and Accrued Liabilities          
Operating lease right-of-use assets   $ 17,126     $ 17,126   18,772      
Operating lease right-of-use asset, statement of financial position [Extensible List]   Other assets     Other assets          
Weighted average remaining lease term   5 years     5 years          
Discount rate (as a percent)   5.20%     5.20%          
Derivative liabilities [1]   $ 6,782     $ 6,782   3,317      
Net market valuation gains (losses)   1,000   $ (300) (2,000) 1,000        
Number of partnerships, committed to fund | partnership               2    
Other income related to risk sharing agreement   279   575 1,062 $ 2,318        
Guarantee obligations   6,532     6,532   7,459      
Guarantee obligations, credit reserve   5,000     5,000          
Special purpose entities assets   30,000     30,000          
Special purpose entities liabilities   7,000     7,000          
Residential repurchase reserve   5,754     $ 5,754   9,306      
Number of residential repurchase requests (in repurchase requests) | repurchase_request         7 8        
Number of loans repurchased | loan         1 1        
Residential loans repurchase (reversal) provision   (100)   $ (300) $ (4,000) $ (600)        
Aggregate amount of loss contingency reserves   2,000     2,000          
Riverbend Funding, LLC                    
Loss Contingencies [Line Items]                    
Earnout period 2 years                  
Potential future payments on loans $ 25,300                  
Securitized Point Options                    
Loss Contingencies [Line Items]                    
Payments to acquire other investments         350,000          
Maximum                    
Loss Contingencies [Line Items]                    
Loss from arrangements         100          
Residential Loans                    
Loss Contingencies [Line Items]                    
Unpaid principal balance   874,412     874,412   1,813,865      
Fair value of loans   834,262     834,262   1,845,282      
Other income                    
Loss Contingencies [Line Items]                    
Other income related to risk sharing agreement   300     1,000          
Guarantee Obligations                    
Loss Contingencies [Line Items]                    
Potential future payments on loans   44,000     44,000          
Original unpaid balance of loans subject to risk sharing agreements                 $ 3,190,000 $ 3,190,000
Unpaid principal balance   $ 454,000     $ 454,000          
Weighted average original FICO score   756     756          
Weighted average original loan-to-value (LTV)   74.00%     74.00%          
Guarantee Obligations | Residential Loans                    
Loss Contingencies [Line Items]                    
Unpaid principal balance of loans in foreclosure   $ 1,000     $ 1,000          
Guarantee Obligations | Financing Receivables, Equal to Greater than 90 Days Past Due                    
Loss Contingencies [Line Items]                    
Fair value of loans   10,000     10,000          
Commitment To Fund Residential Bridge Loan                    
Loss Contingencies [Line Items]                    
Other commitments made   990,000     990,000          
Derivative liabilities   (3,000)     (3,000)          
Commitment To Acquire HEIs                    
Loss Contingencies [Line Items]                    
Cumulative commitment   149,000     149,000          
Commitment To Acquire HEIs | Financing Receivables, Equal to Greater than 90 Days Past Due                    
Loss Contingencies [Line Items]                    
Cumulative commitment   85,000     85,000          
Commitment To Fund Strategic Investment                    
Loss Contingencies [Line Items]                    
Other commitments made   15,000     15,000          
Payments for other commitments     $ 25,000              
Commitment To Fund RWT Horizons Investments                    
Loss Contingencies [Line Items]                    
Other commitments made   $ 1,000     $ 1,000          
Payments for other commitments             $ 5,000      
[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 September 30, 2022 and December 31, 2021, assets of consolidated VIEs totaled $9,449,163 and $10,661,081, respectively. At September 30, 2022 and December 31, 2021, liabilities of consolidated VIEs totaled $8,448,479 and $9,619,347, respectively. See Note 4 for further discussion.