XML 31 R21.htm IDEA: XBRL DOCUMENT v3.22.1
Manager and Other Related Parties - Additional Information (Details)
1 Months Ended 12 Months Ended
Mar. 31, 2022
USD ($)
MortgageLoan
Dec. 31, 2021
USD ($)
MortgageLoan
MortageLoan
Dec. 31, 2020
USD ($)
MortageLoan
MortgageLoan
Dec. 31, 2019
USD ($)
Managers and Other Related Parties (Details) [Line Items]        
Managers Share of net income or loss   1.00%    
Liquidation offering proceeds, percentage   7.00%    
Loan Brokerage Commissions, Maximum Percent of Assets   4.00%    
Revenue, Remaining Performance Obligation, Amount   $ 3,388,000    
Formation loan advances to RMC   5,627,000    
Future redemptions of member's capital   $ 2,100,000    
Percentage of reimbursement of organization and offering expenses   4.50%    
Reimbursement as a percentage of member's original purchase price   0.45%    
Percentage of original purchase price, quarterly installment percentage   0.1125%    
Payable to related parties   $ 101,000 $ 4,000  
Receivables from manager   $ 67,000 $ 2,000  
Mortgage Loans On Real Estate Number Of Loans | MortgageLoan 1 54 82  
Total principal, secured loans $ 586,000 $ 81,097,000 $ 82,275,000 $ 70,660,000
Repayment of promissory notes receivable from related parties   405,000 119,000  
Promissory note payable   6,000    
Early withdrawal penalties [1]   16,000 14,000  
Redwood Mortgage Investors VIII [Member]        
Managers and Other Related Parties (Details) [Line Items]        
Total cost   $ 220,000 $ 146,000  
One Performing Loan [Member]        
Managers and Other Related Parties (Details) [Line Items]        
Mortgage Loans On Real Estate Number Of Loans | MortageLoan     1  
Total principal, secured loans     $ 237,000  
Two Performing Loan [Member]        
Managers and Other Related Parties (Details) [Line Items]        
Mortgage Loans On Real Estate Number Of Loans | MortageLoan     2  
Total principal, secured loans     $ 2,997,000  
Five Performing Loan [Member]        
Managers and Other Related Parties (Details) [Line Items]        
Mortgage Loans On Real Estate Number Of Loans | MortageLoan   5    
Total principal, secured loans   $ 2,560,000    
Five Performing Loan [Member] | Mortgage Loans [Member]        
Managers and Other Related Parties (Details) [Line Items]        
Total principal, secured loans   4,672,000    
Accounts Payable and Cost Reimbursements [Member]        
Managers and Other Related Parties (Details) [Line Items]        
Payable to related parties   $ 168,000    
Maximum [Member]        
Managers and Other Related Parties (Details) [Line Items]        
Annual mortgage servicing fees, percentage   0.25%    
Reimbursement threshold   For each of forty (40) calendar quarters or portion thereof after December 31, 2015    
Early withdrawal penalties   $ 111,000    
RMC [Member]        
Managers and Other Related Parties (Details) [Line Items]        
Management Fee, Percentage   0.75%    
Administrative Fees, Percentage   1.00%    
Working Capital Reserve, Percentage   2.00%    
Loan Brokerage Commission Percent Minimum   1.50%    
Loan Brokerage Commission Percent Maximum   5.00%    
Repayment of formation loan in annual installments   $ 208,000    
Future redemptions of member's capital   4,861,000 3,270,000  
Qualifying costs incurred   645,000 598,000  
Reimbursement of costs   425,000 452,000  
Loan Brokerage Commission   928,000 1,100,000  
Early withdrawal penalties   35,000 31,000  
Administrative Fees Chargeable   492,000 518,000  
RMC [Member] | Accounts Payable and Cost Reimbursements [Member]        
Managers and Other Related Parties (Details) [Line Items]        
Payable to related parties   $ 101,000    
RMC [Member] | Accounts Payable Related to Mortgage Fund [Member]        
Managers and Other Related Parties (Details) [Line Items]        
Payable to related parties     $ 4,000  
[1] The O&O expenses component of early withdrawal penalties are applied as a reduction to O&O expenses to be repaid by RMC to members’ capital on scheduled redemptions. The amounts credited are determined by the ratio between the amount of the formation loan and the amount of offering costs incurred by the company.