Long-Term Debt - FHLBC Borrowings (Details) - USD ($) $ in Thousands		Sep. 30, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Total FHLBC Borrowings	[1]	$ 2,953,722	$ 2,572,158
FHLB Chicago | FHLB Member Subsidiary
Debt Instrument [Line Items]
2024		470,171
2025		887,639
2026		642,189
Total FHLBC Borrowings		$ 1,999,999

[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 September 30, 2019 and December 31, 2018, assets of consolidated VIEs totaled $9,596,537 and $6,331,191, respectively. At September 30, 2019 and December 31, 2018, liabilities of consolidated VIEs totaled $8,582,595 and $5,709,807, respectively. See Note 4 for further discussion.