Other Assets and Liabilities - Components of Other Assets (Details) - USD ($) $ in Thousands		Mar. 31, 2023	Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Accrued interest receivable		$ 61,397	$ 60,893
Investment receivable		45,372	36,623
Deferred tax asset		41,931	41,931
Margin receivable		17,079	13,802
Operating lease right-of-use assets		15,297	16,177
REO		13,095	6,455
Fixed assets and leasehold improvements		9,292	12,616
Income tax receivables		3,047	3,399
Other		25,711	19,344
Total Other Assets	[1]	232,221	$ 211,240
Fixed assets		18,000
Accumulated depreciation		$ 9,000

[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 March 31, 2023 and December 31, 2022, assets of consolidated VIEs totaled $9,836,956 and $9,257,291, respectively. At March 31, 2023 and December 31, 2022, liabilities of consolidated VIEs totaled $8,729,585 and $8,270,276, respectively. See Note 4 for further discussion.