Statements Of Consolidated Comprehensive Income (Loss) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Net income	$ 173,246	$ 131,769	$ 26,343
Other comprehensive income (loss):
Net unrealized (loss) gain on available-for-sale securities	(1,918)	131,227	(88,502)
Reclassification of unrealized (gain) loss to net income	(20,008)	1,448	5,048
Net unrealized gain (loss) on interest rate agreements	32,079	3,987	(42,115)
Reclassification of unrealized loss on interest rate agreements to net income	281	14,821	4,243
Total other comprehensive income (loss)	10,434	151,483	(121,326)
Total comprehensive income (loss)	183,680	283,252	(94,983)
Less: Comprehensive income attributable to noncontrolling interest			(4,164)
Comprehensive Income (Loss) Attributable to Redwood Trust, Inc.	$ 183,680	$ 283,252	$ (99,147)