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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Operating revenue:        
Transaction fees $ 100,420 $ 52,622 $ 258,553 $ 133,835
Servicing fees 8,999 3,053 20,870 6,301
Management fees 2,900 1,608 7,663 4,163
Other revenue (expense) 2,743 (745) 5,140 (438)
Total operating revenue 115,062 56,538 292,226 143,861
Net interest income (expense):        
Total interest income 145,833 94,038 389,831 252,298
Total interest expense (144,659) (94,460) (387,666) (253,054)
Net interest income (expense) 1,174 (422) 2,165 (756)
Fair value adjustments, loans (72,474) (33,809) (172,495) (84,963)
Fair value adjustments, notes and certificates 72,514 33,757 172,529 84,865
Net interest income (expense) after fair value adjustments 1,214 (474) 2,199 (854)
Total net revenue 116,276 56,064 294,425 143,007
Operating expenses:        
Sales and marketing 44,961 21,001 120,162 60,808
Origination and servicing 17,573 10,167 45,540 26,135
General and administrative 51,559 31,848 136,038 78,862
Total operating expenses 114,093 63,016 301,740 165,805
Income (loss) before income tax expense 2,183 (6,952) (7,315) (22,798)
Income tax expense 1,233 419 2,249 1,059
Net income (loss) $ 950 $ (7,371) $ (9,564) $ (23,857)
Basic net income (loss) per share attributable to common stockholders ($ per share) $ 0.00 $ (0.12) $ (0.03) $ (0.41)
Diluted net income (loss) per share attributable to common stockholders ($ per share) $ 0.00 $ (0.12) $ (0.03) $ (0.41)
Weighted-average shares of common stock used in computing basic net income (loss) per share (shares) 375,982,120 59,844,394 373,605,274 57,958,838
Weighted-average shares of common stock used in computing diluted net income (loss) per share (shares) 401,934,880 59,844,394 373,605,274 57,958,838