Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Cash flows from operating activities
Net loss	$ (6,453,035)	$ (5,464,124)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation	60,574	37,934
Amortization of debt discounts	57,117	149,668
Fair valuation adjustments, net	94,723	3,059
Stock based compensation expense	268,413	173,624
Amortization of net deferred loan fees and costs	(14,765)	9,759
Other non-cash expenses	78	70,501
Provision for loan losses	155,144	273,720
Changes in operating assets and liabilities
Other receivables	(251,475)	(6,909)
Prepaid expenses and other assets	(157,068)	157,798
Deposits	(49,950)	(10,983)
Accounts payable	998,594	199,098
Accrued expenses	117,938	47,179
Deferred revenue		(13,597)
Net cash used in operating activities	(5,173,712)	(4,373,273)
Cash flows from investing activities
Origination of Member Loans at fair value	(123,537,056)	(63,558,925)
Origination of Member Loans at amortized cost, net	(1,063,821)	(1,613,925)
Repayment of Member Loans at fair value	41,588,088	15,853,311
Repayment of Member Loans at amortized cost	854,697	2,717,278
Net change in restricted cash	(160,000)	500,000
Purchase of property and equipment	(222,329)	(68,670)
Net cash used in investing activities	(82,540,421)	(46,170,931)
Cash flows from financing activities:
Proceeds from issuance of Notes at fair value	124,210,169	63,622,800
Payments on loans payable	(1,599,965)	(3,077,417)
Payments on Notes at fair value	(42,024,062)	(15,912,253)
Proceeds from issuance of common stock	84,249	7,898
Net cash provided by financing activities	106,584,113	69,028,973
Net increase in cash and cash equivalents	18,869,980	18,484,769
Cash and cash equivalents - beginning of period	13,335,657	2,572,174
Cash and cash equivalents - end of period	32,205,637	21,056,943
Supplemental disclosure of cash flow information:
Cash paid for interest	10,826,333	4,689,481
Supplemental disclosure of non-cash investing and financing activities:
Reclassification of Member Loans held at amortized cost to Member Loans held at fair value	2,555,373	38,829
Series C preferred stock
Cash flows from financing activities:
Proceeds from issuance of preferred stock, net of issuance costs		24,387,945
Series D preferred stock
Cash flows from financing activities:
Proceeds from issuance of preferred stock, net of issuance costs	$ 25,913,722