Marketplace Revenue (Tables)

6 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue by Source

The following table presents components of marketplace revenue for the periods presented:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Origination fees	$	113,802	$	3,874	$	169,361	$	140,117
Servicing fees	22,714		19,315		45,880		61,074
Gain on sales of loans	19,317		1,724		27,640		15,985
Net fair value adjustments (1)	(4,098)		(6,032)		(9,419)		(95,818)
Total marketplace revenue	$	151,735	$	18,881	$	233,462	$	121,358

(1)    Certain prior period valuation adjustments on securities available for sale and Structured Program borrowings were reclassified from net fair value adjustments to provision for credit losses and interest expense, respectively, to conform to the current period presentation.

The following table presents the Company’s revenue from contracts with customers, disaggregated by revenue source for services transferred over time, for the second quarters and first halves of 2021 and 2020:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Transaction fees	$	3,374	$	3,874	$	25,776	$	140,117
Referral fees	2,762		625		5,356		2,239
Total revenue from contracts with customers	$	6,136	$	4,499	$	31,132	$	142,356