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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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      <ElementDefenition>The cost of borrowed funds accounted for as interest that was charged against earnings during the period.</ElementDefenition>
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 -Publisher FASB
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
 -Publisher OTS
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 -Publisher SEC
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 -Publisher FASB
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 -Publisher FASB
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
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          <NonNumericTextHeader>&amp;nbsp;</NonNumericTextHeader>
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      </Cells>
      <OriginalInstanceReportColumns />
      <ElementDataType>us-types:perShareItemType</ElementDataType>
      <SimpleDataType>decimal</SimpleDataType>
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      <ElementReferences>No authoritative reference available.</ElementReferences>
      <IsTotalLabel>false</IsTotalLabel>
    </Row>
    <Row>
      <Id>33</Id>
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      <Level>3</Level>
      <ElementName>rwt_TotalDividendsDeclaredPerCommonShare</ElementName>
      <ElementPrefix>rwt</ElementPrefix>
      <IsBaseElement>false</IsBaseElement>
      <BalanceType>na</BalanceType>
      <PeriodType>duration</PeriodType>
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      <IsSegmentTitle>false</IsSegmentTitle>
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      <IsCalendarTitle>false</IsCalendarTitle>
      <IsTuple>false</IsTuple>
      <IsAbstractGroupTitle>false</IsAbstractGroupTitle>
      <IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow>
      <IsEquityAdjustmentRow>false</IsEquityAdjustmentRow>
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      <PreferredLabelRole>label</PreferredLabelRole>
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      <FootnoteIndexer />
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        <Cell>
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        <Cell>
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        <Cell>
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        <Cell>
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      <OriginalInstanceReportColumns />
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    <Row>
      <Id>34</Id>
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      <ElementPrefix>us-gaap</ElementPrefix>
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      <ShortDefinition>No definition available.</ShortDefinition>
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        <Cell>
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          <NonNumericTextHeader />
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          <hasSegments>false</hasSegments>
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        </Cell>
        <Cell>
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      </Cells>
      <OriginalInstanceReportColumns />
      <ElementDataType>xbrli:sharesItemType</ElementDataType>
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      <ElementDefenition>Number of [basic] shares, after adjustment for contingently issuable shares and other shares not deemed outstanding, determined by relating the portion of time within a reporting period that common shares have been outstanding to the total time in that period.</ElementDefenition>
      <ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 128
 -Paragraph 171

Reference 2: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 128
 -Paragraph 40
 -Subparagraph a

Reference 3: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 128
 -Paragraph 8

</ElementReferences>
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    <Row>
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      <ElementPrefix>us-gaap</ElementPrefix>
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      <ShortDefinition>No definition available.</ShortDefinition>
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      </Cells>
      <OriginalInstanceReportColumns />
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      <ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 128
 -Paragraph 40
 -Subparagraph a

Reference 2: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 128
 -Paragraph 8

</ElementReferences>
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    </Row>
  </Rows>
  <Footnotes>
    <Footnote>
      <NoteId>1</NoteId>
      <Note>For the three months ended June 30, 2010, other-than-temporary impairments were $7,086, of which $2,870 were recognized in Accumulated Other Comprehensive Income (Loss). For the six months ended June 30, 2010, other-than-temporary impairments were $10,701, of which $4,539 were recognized in Accumulated Other Comprehensive Income (Loss).</Note>
    </Footnote>
  </Footnotes>
  <NumberOfCols>4</NumberOfCols>
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  <HasScenarios>false</HasScenarios>
  <MonetaryRoundingLevel>Thousands</MonetaryRoundingLevel>
  <SharesRoundingLevel>NoRounding</SharesRoundingLevel>
  <PerShareRoundingLevel>NoRounding</PerShareRoundingLevel>
  <HasPureData>false</HasPureData>
  <SharesShouldBeRounded>true</SharesShouldBeRounded>
</InstanceReport>
