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Commitments and Contingencies - Additional Information (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
USD ($)
repurchase_request
lease
loan
Sep. 30, 2021
USD ($)
Mar. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
commitment
Dec. 31, 2018
partnership
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Loss Contingencies [Line Items]              
Lessee, number of leases | lease 7            
Present value of remaining lease payments $ 23,442            
Operating lease expense 1,000   $ 1,000        
Operating lease liabilities $ 20,218     $ 20,960      
Operating lease liability, statement of financial position [Extensible List] Accounts Payable and Accrued Liabilities            
Operating lease right-of-use assets $ 17,917     18,772      
Operating lease right-of-use asset, statement of financial position [Extensible List] Other assets            
Weighted average remaining lease term 6 years            
Discount rate (as a percent) 5.10%            
Derivative liabilities [1] $ 80,260     3,317      
Net market valuation gains (losses) (200)   1,000        
Number of partnerships, committed to fund | partnership         2    
Other income related to risk sharing agreement 460   882        
Guarantee obligations 7,046     7,459      
Guarantee obligations, credit reserve 5,000            
Special purpose entities assets 34,000            
Special purpose entities liabilities 7,000            
Residential repurchase reserve $ 9,529     9,306      
Number of residential repurchase requests (in repurchase requests) | repurchase_request 0            
Number of loans repurchased | loan 0            
Residential loans repurchase provision (reversal) $ 200   (100)        
Aggregate amount of loss contingency reserves 2,000            
Maximum              
Loss Contingencies [Line Items]              
Loss from arrangements 100            
Residential Loans              
Loss Contingencies [Line Items]              
Loan principal 1,369,366     1,813,865      
Fair value of loans 1,347,069     1,845,282      
Financing Receivables, Equal to Greater than 90 Days Past Due | Residential Loans              
Loss Contingencies [Line Items]              
Fair value of loans 616     2,923      
Other income              
Loss Contingencies [Line Items]              
Other income related to risk sharing agreement 500   1,000        
Mortgage banking and investment activities              
Loss Contingencies [Line Items]              
Market valuation gains (losses) related to these investments 100   $ (100)        
Guarantee Obligations              
Loss Contingencies [Line Items]              
Original unpaid balance of loans subject to risk sharing agreements           $ 3,190,000 $ 3,190,000
Potential future payments on loans 44,000            
Loan principal $ 504,000            
Weighted average original FICO score 756            
Weighted average original loan-to-value (LTV) 74.00%            
Guarantee Obligations | Residential Loans              
Loss Contingencies [Line Items]              
Unpaid principal balance of loans in foreclosure $ 200            
Guarantee Obligations | Financing Receivables, Equal to Greater than 90 Days Past Due              
Loss Contingencies [Line Items]              
Fair value of loans 14,000            
Commitment To Fund Residential Bridge Loan              
Loss Contingencies [Line Items]              
Other commitments made 792,000            
Derivative liabilities (1,000)            
Commitment To Acquire HEIs              
Loss Contingencies [Line Items]              
Other commitments made 70,000            
Payments for other commitments 125,000 $ 125,000          
Total commitment amount 250,000            
Commitment To Fund Strategic Investment              
Loss Contingencies [Line Items]              
Other commitments made 300            
Payments for other commitments 25,000            
Commitment To Fund RWT Horizons Investments              
Loss Contingencies [Line Items]              
Other commitments made $ 4,000            
Payments for other commitments       $ 5,000      
Number of commitments | commitment       2      
[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, 2022 and December 31, 2021, assets of consolidated VIEs totaled $10,250,802 and $10,661,081, respectively. At March 31, 2022 and December 31, 2021, liabilities of consolidated VIEs totaled $9,202,156 and $9,619,347, respectively. See Note 4 for further discussion.