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Investments in AFS Debt Securities (Tables)
 9 Months Ended
Sep. 30, 2021
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments in Debt Securities The following table presents our investments in AFS debt securities as of September 30, 2021, all of which were designated as available-for-sale. We did not have any investments in debt securities as of December 31, 2020.
September 30, 2021
Amortized CostAccrued InterestGross Unrealized Gains
Gross Unrealized Losses(4)
Fair Value
Investments in AFS debt securities(1):
U.S. Treasury securities$100,984 $58 $1 $(68)$100,975 
Multinational securities(2)
19,975 75 — (27)20,023 
Corporate bonds39,532 229 6 (48)39,719 
Agency TBA7,537 14 6 (18)7,539 
Agency mortgage-backed securities4,822 17 7 — 4,846 
Other asset-backed securities6,423 4 — (9)6,418 
Commercial paper17,083 — — — 17,083 
Other(3)
600 — — — 600 
Total investments in AFS debt securities$196,956 $397 $20 $(170)$197,203 
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(1) Investments in AFS debt securities are recorded at fair value.
(2) As of September 30, 2021, includes sovereign foreign and supranational bonds.
(3) As of September 30, 2021, included a state bond security.
(4) As of September 30, 2021, we determined that none of our unrealized loss positions were related to credit losses, nor did we determine that we intend to sell the securities or will more likely than not be required to sell the securities prior to recovery of the amortized cost basis. Additionally, no such investments have been in a continuous unrealized loss position for more than 12 months, as we made the investments during the third quarter of 2021.
Schedule of Investments by Contractual Maturity
The following table presents the amortized cost and fair value of our investments in AFS debt securities as of September 30, 2021 by contractual maturity.
Due Within One YearDue After One Year Through Five YearsDue After Five Years Through Ten YearsDue After Ten YearsTotal
September 30, 2021
Investments in AFS debt securities—Amortized cost:
U.S. Treasury securities$— $100,984 $— $— $100,984 
Multinational securities— 19,975 — — 19,975 
Corporate bonds— 39,532 — — 39,532 
Agency TBA— — — 7,537 7,537 
Agency mortgage-backed securities— — — 4,822 4,822 
Other asset-backed securities— 4,399 2,024 — 6,423 
Commercial paper17,083 — — — 17,083 
Other— 600 — — 600 
Total investments in AFS debt securities$17,083 $165,490 $2,024 $12,359 $196,956 
Investments in AFS debt securities—Fair value(1):
U.S. Treasury securities$— $100,917 $— $— $100,917 
Multinational securities— 19,948 — — 19,948 
Corporate bonds— 39,490 — — 39,490 
Agency TBA— — — 7,525 7,525 
Agency mortgage-backed securities— — — 4,829 4,829 
Other asset-backed securities— 4,391 2,023 — 6,414 
Commercial paper17,083 — — — 17,083 
Other— 600 — — 600 
Total investments in AFS debt securities$17,083 $165,346 $2,023 $12,354 $196,806 
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(1) Presentation of fair values of our investments in AFS debt securities by contractual maturity excludes total accrued interest of $397 as of September 30, 2021.
Schedule of Proceeds and Gross Realized Gains and Losses
The following table presents the proceeds and gross realized gains and losses from sales and maturities of our investments in debt securities during the three and nine months ended September 30, 2021. Realized gains and losses are presented within noninterest income — other in the consolidated statements of operations and comprehensive income (loss). There were no transfers between classifications of our investments in AFS debt securities during the periods presented.
Three Months Ended
September 30, 2021		Nine Months Ended
September 30, 2021
Investments in AFS debt securities
Gross realized gains included in earnings$10 $10 
Gross realized losses included in earnings(10)(10)
Net realized gains (losses)$— $— 
Gross proceeds from sales(1)
$15,789 $15,789 
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(1) There were no maturities of investments in AFS debt securities during the periods presented.