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Components of Corporate/Other (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Segment Reporting Information [Line Items]                      
Interest income $ 57,492 $ 57,420 $ 57,719 $ 53,525 $ 53,397 $ 59,723 $ 59,523 $ 58,740 $ 226,156 $ 231,384 $ 217,179
Interest expense (19,528) (21,725) (21,416) (18,302) (32,971) (28,285) (28,881) (30,655) (80,971) (120,705) (98,978)
Net interest income (loss) 37,964 35,695 36,303 35,223 20,426 31,438 30,642 28,085 145,185 110,679 118,201
Provision for loan losses                 (4,737) (3,648) (16,151)
Mortgage banking activities, net                 100,676 36,319  
MSR income, net                 20,309 (1,391)  
Other market valuation adjustments, net                 (5,709) 1,539  
Realized gains, net                 25,259 54,921 10,946
Direct operating expenses                 (84,789) (65,359) (47,741)
Other expense                 (12,000)    
Provision for income taxes                 (10,948) (1,291) (42)
Net Income Attributable to Redwood Trust, Inc. 25,134 21,929 65,573 60,160 42,078 39,701 19,527 30,463 173,246 131,769 26,343
Supplemental Disclosures                      
Residential loans 2,166,434       2,835,470       2,166,434 2,835,470  
Total assets 4,608,528 [1]       4,444,098 [1]       4,608,528 [1] 4,444,098 [1]  
Non-cash amortization expense                 26,442 24,660  
Residential Loans Held for Investment
                     
Supplemental Disclosures                      
Residential loans 1,762,167       2,272,812       1,762,167 2,272,812  
Legacy Consolidated VIEs
                     
Segment Reporting Information [Line Items]                      
Interest income                 33,663 92,296  
Interest expense                 (25,876) (95,807)  
Net interest income (loss)                 7,787 (3,511)  
Provision for loan losses                 (1,449) (171)  
Mortgage banking activities, net                        
MSR income, net                        
Other market valuation adjustments, net                 (613) 6,144  
Realized gains, net                 284 22,470  
Direct operating expenses                 (231) (148)  
Net Income Attributable to Redwood Trust, Inc.                 5,778 24,784  
Supplemental Disclosures                      
Total assets 1,770,089       2,284,567       1,770,089 2,284,567  
Non-cash amortization expense                 (5,769) (3,426)  
Legacy Consolidated VIEs | Residential Loans Held for Investment
                     
Supplemental Disclosures                      
Residential loans 1,762,167       2,272,812       1,762,167 2,272,812  
Other
                     
Segment Reporting Information [Line Items]                      
Interest income                 157 60  
Interest expense                 (22,184) (9,531)  
Net interest income (loss)                 (22,027) (9,471)  
Mortgage banking activities, net                        
MSR income, net                        
Direct operating expenses                 (49,882) (35,475)  
Other expense                 (12,000)    
Provision for income taxes                 1,853 (1,278)  
Net Income Attributable to Redwood Trust, Inc.                 (82,056) (46,224)  
Supplemental Disclosures                      
Total assets 212,999       142,796       212,999 142,796  
Non-cash amortization expense                 (1,569) (46)  
Corporate/Other
                     
Segment Reporting Information [Line Items]                      
Interest income                 33,820 92,356  
Interest expense                 (48,060) (105,338)  
Net interest income (loss)                 (14,240) (12,982)  
Provision for loan losses                 (1,449) (171)  
Mortgage banking activities, net                        
MSR income, net                        
Other market valuation adjustments, net                 (613) 6,144  
Realized gains, net                 284 22,470  
Direct operating expenses                 (50,113) (35,623)  
Other expense                 (12,000)    
Provision for income taxes                 1,853 (1,278)  
Net Income Attributable to Redwood Trust, Inc.                 (76,278) (21,440)  
Supplemental Disclosures                      
Residential loans 1,762,167       2,272,812       1,762,167 2,272,812  
Total assets 1,983,088       2,427,363       1,983,088 2,427,363  
Non-cash amortization expense                 (7,338) (3,472)  
Corporate/Other | Residential Loans Held for Investment
                     
Supplemental Disclosures                      
Residential loans $ 1,762,167       $ 2,272,812       $ 1,762,167 $ 2,272,812  
[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 the primary beneficiary (Redwood Trust, Inc.). At December 31, 2013 and 2012, assets of consolidated VIEs totaled $2,299,576 and $2,893,117, respectively, and liabilities of consolidated VIEs totaled $1,944,911 and $2,532,916 respectively. See Note 4 for further discussion.