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Debt Obligations, Net -Narrative (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
USD ($)
Jul. 31, 2024
USD ($)
Jun. 30, 2024
USD ($)
Jan. 31, 2024
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2024
USD ($)
loan
facility
Jun. 30, 2023
facility
Dec. 31, 2023
USD ($)
facility
Dec. 31, 2021
Dec. 31, 2020
Debt Instrument [Line Items]                    
Principal Amount $ 3,434,945   $ 3,434,945   $ 3,434,945 $ 3,434,945   $ 3,249,158    
Riverbend Funding, LLC | Corporate Debt:                    
Debt Instrument [Line Items]                    
Debt instrument, convertible, number of equity instruments | loan           3        
Minimum | Riverbend Funding, LLC | Corporate Debt:                    
Debt Instrument [Line Items]                    
Fixed interest rate (as a percentage) 6.00%   6.00%   6.00% 6.00%        
Maximum | Riverbend Funding, LLC | Corporate Debt:                    
Debt Instrument [Line Items]                    
Fixed interest rate (as a percentage) 8.00%   8.00%   8.00% 8.00%        
Residential consumer loan warehouse facilities | Redwood | Short-Term Warehouse Facilities and Other                    
Debt Instrument [Line Items]                    
Number of Facilities or Issuances | facility             8      
Borrowing capacity $ 1,850,000   $ 1,850,000   $ 1,850,000 $ 1,850,000        
Residential investor loan warehouse facilities | Redwood | Short-Term Warehouse Facilities and Other                    
Debt Instrument [Line Items]                    
Number of Facilities or Issuances | facility               7    
Borrowing capacity $ 2,530,000   2,530,000   2,530,000 $ 2,530,000        
Recourse Subordinate Securities Financing Receivable | Redwood                    
Debt Instrument [Line Items]                    
Long-term debt, weighted average interest rate, over time 4.21%                  
Recourse Subordinate Securities Financing Receivable | Redwood | Affiliated Entity | CAFL                    
Debt Instrument [Line Items]                    
Long-term debt, weighted average interest rate, over time                 4.75% 4.21%
Recourse Subordinate Securities Financing Receivable | Redwood | Subsequent Event                    
Debt Instrument [Line Items]                    
Repurchased debt instrument, face amount   $ 205,000                
Interest rate (as percent)   8.50%                
Recourse Subordinate Securities Financing Receivable | Redwood | October 2022 through September 2023                    
Debt Instrument [Line Items]                    
Long-term debt, weighted average interest rate, over time 5.71%                  
Recourse Subordinate Securities Financing Receivable | Redwood | October 2023 through September 2024                    
Debt Instrument [Line Items]                    
Long-term debt, weighted average interest rate, over time 7.21%                  
Recourse Subordinate Securities Financing Receivable | Redwood | March 2023 through February 2024 | Affiliated Entity | CAFL                    
Debt Instrument [Line Items]                    
Long-term debt, weighted average interest rate, over time                   5.71%
Recourse Subordinate Securities Financing Receivable | Redwood | March 2024 through February 2025 | Affiliated Entity | CAFL                    
Debt Instrument [Line Items]                    
Long-term debt, weighted average interest rate, over time                   7.21%
Recourse Subordinate Securities Financing Receivable | Redwood | July 2024 through June 2025 | Affiliated Entity | CAFL                    
Debt Instrument [Line Items]                    
Long-term debt, weighted average interest rate, over time                 6.25%  
Recourse Subordinate Securities Financing Receivable | Redwood | July 2025 to June 2026 | Affiliated Entity | CAFL                    
Debt Instrument [Line Items]                    
Long-term debt, weighted average interest rate, over time                 7.75%  
Corporate Debt: | $250 Million Facility | Facilities                    
Debt Instrument [Line Items]                    
Number of Facilities or Issuances | facility           1        
Borrowing capacity $ 250,000   250,000   250,000 $ 250,000        
Principal Amount $ 125,000   $ 125,000   $ 125,000 $ 125,000        
Range of weighted average interest rates, by series (as a percent) 10.35%   10.35%   10.35% 10.35%        
Corporate Debt: | 9.0% Senior Notes | Unsecured Debt                    
Debt Instrument [Line Items]                    
Number of Facilities or Issuances | facility           1        
Principal Amount $ 85,000   $ 85,000   $ 85,000 $ 85,000        
Range of weighted average interest rates, by series (as a percent) 9.00%   9.00%   9.00% 9.00%        
Other Recourse Financing Facility | Corporate Debt: | Facilities                    
Debt Instrument [Line Items]                    
Line of credit term           2 years        
Line of credit, length of extension option           1 year        
9.125% Senior Notes Due 2029 | Corporate Debt: | Unsecured Debt                    
Debt Instrument [Line Items]                    
Principal Amount       $ 60,000            
Debt Instrument interest rate (as a percent)       9.125%            
Redemption price     100.00% 100.00%            
Convertible Senior Notes Due July 2024 | Corporate Debt: | Convertible Debt                    
Debt Instrument [Line Items]                    
Repayments of Convertible Debt         $ 9,000 $ 36,000        
7.75% convertible senior notes | Corporate Debt: | Convertible Debt                    
Debt Instrument [Line Items]                    
Debt Instrument interest rate (as a percent) 7.75%   7.75%   7.75% 7.75%        
Repayments of Convertible Debt           $ 4,000        
Exchangeable Senior Notes Due 2027 | Corporate Debt: | Convertible Debt                    
Debt Instrument [Line Items]                    
Gain on extinguishment of debt           $ 100