Long Term Debt (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of Debt Instruments

Debt instruments, excluding the 2020 Vehicle Floorplan Facility, which is discussed in Note 10 — Vehicle Floorplan Facility, and warehouse credit facilities of consolidated VIEs, which are discussed in Note 11 — Warehouse Credit Facilities of Consolidated VIEs, consisted of the following (in thousands):

	September 30,		December 31,
	2022		2021
Current portion of securitization debt of consolidated VIEs	$	54,652	$	—
Convertible senior notes		556,638		610,618
Securitization debt of consolidated VIEs, net of current portion		40,842		—
Junior subordinated debentures		10,310		—
Long term debt, net of current portion	$	607,790	$	610,618
Total debt	$	662,442	$	610,618

Schedule of Securitization Debt of Consolidated VIEs

The debt issued is included in "Long Term Debt" on the consolidated balance sheet. The securitization debt of consolidated VIEs consisted of the following (in thousands):

As of September 30, 2022
Series	Final Scheduled Payment Date	Initial Principal		Contractual Interest Rate		Outstanding Principal		Fair Value
United Auto Credit 2021-1-B	March 11, 2024		33,540	0.68	%		4,754		4,752
United Auto Credit 2021-1-C	June 10, 2026		29,640	0.84	%		29,640		29,352
United Auto Credit 2021-1-D	June 10, 2026		29,380	1.14	%		29,380		28,487
United Auto Credit 2021-1-E	June 10, 2026		20,800	2.58	%		20,800		19,517
United Auto Credit 2021-1-F	September 10, 2027		13,910	4.30	%		13,910		13,386
		$	127,270			$	98,484	$	95,494

Schedule of Aggregate Principal Balance and Fair Value of Finance Receivables Pledged to Securitization Debt

The aggregate principal balance and the fair value of finance receivables pledged to the securitization debt consists of the following (in thousands):

	As of September 30, 2022
	Aggregate Principal Balance		Fair Value
United Auto Credit 2021-1		100,802		94,461
Total finance receivables of CFEs	$	100,802	$	94,461