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Segment Information - Supplemental Information by Segment (Details) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Segment Reporting Information [Line Items] |  |  |
Real estate securities | [1] | $ 212,307 | $ 127,797
Home equity investments | [1] | 560,745 | 550,436
Other investments | [1] | 337,345 | 343,930
Goodwill | [1] | 23,373 | 23,373
Intangible assets |  | 25,657 | 28,462
Total Assets | [1] | 15,057,974 | 14,504,327
Residential consumer loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 7,616,592 | 7,050,637
Residential investor loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 5,181,994 | 5,220,298
Consolidated Agency multifamily loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 422,788 | 425,285
Operating Segments | Residential Consumer Mortgage Banking |  |  |
Segment Reporting Information [Line Items] |  |  |
Real estate securities |  | 62,815 | 4,995
Home equity investments |  | 0 | 0
Other investments |  | 0 | 0
Goodwill |  | 0 | 0
Intangible assets |  | 0 | 0
Total Assets |  | 594,842 | 971,535
Operating Segments | Residential Consumer Mortgage Banking | Residential consumer loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 511,706 | 911,192
Operating Segments | Residential Consumer Mortgage Banking | Residential investor loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 0 | 0
Operating Segments | Residential Consumer Mortgage Banking | Consolidated Agency multifamily loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 0 | 0
Operating Segments | Residential Investor Mortgage Banking |  |  |
Segment Reporting Information [Line Items] |  |  |
Real estate securities |  | 0 | 0
Home equity investments |  | 0 | 0
Other investments |  | 0 | 0
Goodwill |  | 23,373 | 23,373
Intangible assets |  | 25,657 | 28,462
Total Assets |  | 383,090 | 293,225
Operating Segments | Residential Investor Mortgage Banking | Residential consumer loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 0 | 0
Operating Segments | Residential Investor Mortgage Banking | Residential investor loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 280,551 | 180,250
Operating Segments | Residential Investor Mortgage Banking | Consolidated Agency multifamily loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 0 | 0
Operating Segments | Investment Portfolio |  |  |
Segment Reporting Information [Line Items] |  |  |
Real estate securities |  | 149,492 | 122,802
Home equity investments |  | 560,325 | 550,323
Other investments |  | 279,737 | 287,822
Goodwill |  | 0 | 0
Intangible assets |  | 0 | 0
Total Assets |  | 13,560,010 | 12,718,201
Operating Segments | Investment Portfolio | Residential consumer loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 6,973,027 | 5,999,706
Operating Segments | Investment Portfolio | Residential investor loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 4,901,443 | 5,040,048
Operating Segments | Investment Portfolio | Consolidated Agency multifamily loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 422,788 | 425,285
Corporate/ Other |  |  |
Segment Reporting Information [Line Items] |  |  |
Real estate securities |  | 0 | 0
Home equity investments |  | 420 | 113
Other investments |  | 57,608 | 56,108
Goodwill |  | 0 | 0
Intangible assets |  | 0 | 0
Total Assets |  | 520,032 | 521,366
Corporate/ Other | Residential consumer loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 131,859 | 139,739
Corporate/ Other | Residential investor loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | 0 | 0
Corporate/ Other | Consolidated Agency multifamily loans |  |  |
Segment Reporting Information [Line Items] |  |  |
Fair value of loans |  | $ 0 | $ 0
[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, 2024 and December 31, 2023, assets of consolidated VIEs totaled $11,850,461 and $10,988,885, respectively. At March 31, 2024 and December 31, 2023, liabilities of consolidated VIEs totaled $10,921,862 and $10,096,308, respectively. See Note 4 for further discussion.

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