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Short-Term Debt - Schedule of Remaining Maturities of Short Term Debt (Details) - USD ($) $ in Thousands		Dec. 31, 2023	Dec. 31, 2022
Short-term Debt [Line Items]
Short-term debt, net	[1]	$ 1,558,222	$ 2,029,679
Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		1,121,395	1,620,096
Servicer advance financing
Short-term Debt [Line Items]
Short-term debt, net		153,653	206,510
Total Secured Short-Term Debt Facilities
Short-term Debt [Line Items]
Short-term debt, net		1,399,600
Promissory notes
Short-term Debt [Line Items]
Short-term debt, net		16,064	27,058
Convertible notes, net
Short-term Debt [Line Items]
Short-term debt, net		142,558	176,015
Residential loan warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		796,537	703,406
Business purpose loans | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		71,719
Real estate securities | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		207,174
Residential MSR warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		47,858
HEI warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		122,659	$ 111,681
Within 30 days
Short-term Debt [Line Items]
Short-term debt, net		53,963
Within 30 days | Servicer advance financing
Short-term Debt [Line Items]
Short-term debt, net		0
Within 30 days | Total Secured Short-Term Debt Facilities
Short-term Debt [Line Items]
Short-term debt, net		53,963
Within 30 days | Promissory notes
Short-term Debt [Line Items]
Short-term debt, net		0
Within 30 days | Convertible notes, net
Short-term Debt [Line Items]
Short-term debt, net		0
Within 30 days | Residential loan warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		0
Within 30 days | Business purpose loans | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		0
Within 30 days | Real estate securities | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		53,963
Within 30 days | Residential MSR warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		0
Within 30 days | HEI warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		0
31 to 90 days
Short-term Debt [Line Items]
Short-term debt, net		221,225
31 to 90 days | Servicer advance financing
Short-term Debt [Line Items]
Short-term debt, net		0
31 to 90 days | Total Secured Short-Term Debt Facilities
Short-term Debt [Line Items]
Short-term debt, net		205,161
31 to 90 days | Promissory notes
Short-term Debt [Line Items]
Short-term debt, net		16,064
31 to 90 days | Convertible notes, net
Short-term Debt [Line Items]
Short-term debt, net		0
31 to 90 days | Residential loan warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		176,502
31 to 90 days | Business purpose loans | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		0
31 to 90 days | Real estate securities | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		28,659
31 to 90 days | Residential MSR warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		0
31 to 90 days | HEI warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		0
Over 90 days
Short-term Debt [Line Items]
Short-term debt, net		1,283,034
Over 90 days | Servicer advance financing
Short-term Debt [Line Items]
Short-term debt, net		153,653
Over 90 days | Total Secured Short-Term Debt Facilities
Short-term Debt [Line Items]
Short-term debt, net		1,140,476
Over 90 days | Promissory notes
Short-term Debt [Line Items]
Short-term debt, net		0
Over 90 days | Convertible notes, net
Short-term Debt [Line Items]
Short-term debt, net		142,558
Over 90 days | Residential loan warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		620,035
Over 90 days | Business purpose loans | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		71,719
Over 90 days | Real estate securities | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		124,552
Over 90 days | Residential MSR warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		47,858
Over 90 days | HEI warehouse | Non-Recourse BPL Financing
Short-term Debt [Line Items]
Short-term debt, net		$ 122,659
[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 December 31, 2023 and 2022, assets of consolidated VIEs totaled $10,988,885 and $9,257,291, respectively. At December 31, 2023 and 2022, liabilities of consolidated VIEs totaled $10,096,308 and $8,270,276, respectively. See Note 4 for further discussion.

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