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DESCRIPTION OF BUSINESS AND ACCOUNTING POLICIES - Impact of the Correction on the Company's Condensed Consolidated Balance Sheet (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Jun. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]            
WARRANT LIABILITIES $ 0   $ 47,349      
Total liabilities [1] 6,605,754   622,924      
Additional paid-in capital 3,877,418   2,596,012      
Accumulated deficit (1,514,509)   (1,043,449)      
Total shareholders’ equity $ 2,362,861 $ 2,417,921 1,552,658 $ (708,650) $ (843,519) $ (733,103)
Previously Stated            
New Accounting Pronouncements or Change in Accounting Principle [Line Items]            
WARRANT LIABILITIES     0      
Total liabilities     575,575      
Additional paid-in capital     2,677,155      
Accumulated deficit     (1,077,243)      
Total shareholders’ equity     1,600,007      
Adjustments            
New Accounting Pronouncements or Change in Accounting Principle [Line Items]            
WARRANT LIABILITIES     47,349      
Total liabilities     47,349      
Additional paid-in capital     (81,143)      
Accumulated deficit     33,794      
Total shareholders’ equity     $ (47,349)      
[1] The Company’s consolidated liabilities at September 30, 2021 and December 31, 2020 include the following liabilities for which the VIE creditors do not have recourse to Opendoor: Accounts payable and other accrued liabilities, $66,134 and $2,335; Interest payable, $9,413 and $1,059; Current portion of non-recourse asset-backed debt, $4,049,812 and $339,173; Non-recourse asset-backed debt, net of current portion, $1,367,989 and $135,467; and Total liabilities, $5,493,348 and $478,034, respectively.