Statements Of Consolidated Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Net income	$ 60,610	$ 30,463
Other comprehensive income:
Net unrealized gain on available-for-sale securities	9,030	40,701
Reclassification of unrealized loss (gain) to net income	(12,007)	77
Net unrealized gain on interest rate agreements	7,440	13,193
Reclassification of unrealized loss on interest rate agreements to net income	88	1,036
Total other comprehensive income	4,551	55,007
Comprehensive Income Attributable to Redwood Trust, Inc.	$ 65,161	$ 85,470