Statements Of Consolidated Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Net Income	$ 65,573	$ 19,527	$ 126,183	$ 49,990
Other comprehensive (loss) income:
Net unrealized (loss) gain on available-for-sale securities	(38,012)	1,374	(28,982)	42,075
Reclassification of unrealized (gain) loss to net income	(242)	337	(12,249)	414
Net unrealized gain (loss) on interest rate agreements	13,585	(16,453)	21,025	(3,260)
Reclassification of unrealized loss on interest rate agreements to net income	69	1,098	157	2,134
Total other comprehensive (loss) income	(24,600)	(13,644)	(20,049)	41,363
Comprehensive Income Attributable to Redwood Trust, Inc.	$ 40,973	$ 5,883	$ 106,134	$ 91,353