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Consolidated Balance Sheets (Unaudited) (USD $)
Sep. 30, 2011
Mar. 31, 2011
ASSETS  
Cash and cash equivalents$ 32,205,637$ 13,335,657
Restricted cash1,022,000862,000
Member Loans at fair value227,422,668149,971,989
Member Loans at amortized cost, net of allowance for loan losses2,766,5735,253,278
Other receivables360,812109,337
Prepaid expenses and other assets220,45063,382
Property and equipment, net376,746214,991
Deposits107,70657,756
Total assets264,482,592169,868,390
LIABILITIES  
Accounts payable1,258,276259,682
Accrued expenses1,568,8741,450,936
Notes, at fair value225,004,985149,777,817
Loans payable, net of debt discount1,329,7382,872,586
Total liabilities229,161,873154,361,021
Commitments and contingencies (see Note 13)  
PREFERRED STOCK  
Preferred stock78,764,11352,850,391
Total preferred stock78,764,11352,850,391
STOCKHOLDERS' DEFICIT  
Common stock88,15785,716
Additional paid-in capital4,376,1354,025,914
Accumulated deficit(47,907,686)(41,454,652)
Total stockholders' deficit(43,443,394)(37,343,022)
Total liabilities, preferred stock and stockholders' deficit$ 264,482,592$ 169,868,390