XML 95 R77.htm IDEA: XBRL DOCUMENT v3.22.2.2
Securitization and Variable Interest Entities - Securitizations Narrative (Details)
$ in Thousands
Jun. 30, 2022
USD ($)
May 04, 2022
USD ($)
class
Apr. 15, 2022
USD ($)
Aug. 04, 2021
USD ($)
class
Jun. 30, 2021
USD ($)
Feb. 18, 2021
USD ($)
class
Oct. 22, 2020
USD ($)
Aug. 05, 2020
USD ($)
class
Jul. 08, 2020
USD ($)
Debt Instrument [Line Items]                  
Securitized loans outstanding $ 2,554,300                
Loans held for investment 2,503,561       $ 2,022,320        
2020-Z2                  
Debt Instrument [Line Items]                  
Securitized loans outstanding $ 27,900                
Percentage of residual certificates retained 93.30%                
2020-Z2 | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued             $ 375,000    
Fixed interest rate             0.019%    
Total funding debt, net of deferred debt issuance costs $ 102,000                
2020-Z2 | Secured debt | Asset Pledged as Collateral                  
Debt Instrument [Line Items]                  
Loans held for investment $ 101,200                
2020-Z2 | Third party loan buyer                  
Debt Instrument [Line Items]                  
Percentage of residual certificates retained 6.70%                
2021-A                  
Debt Instrument [Line Items]                  
Percentage of residual certificates retained 100.00%                
2021-A | Secured debt                  
Debt Instrument [Line Items]                  
Number of classes of securitization trusts | class           5      
Debt issuance costs $ 300                
Total funding debt, net of deferred debt issuance costs 500,000                
2021-A | Secured debt | Asset Pledged as Collateral                  
Debt Instrument [Line Items]                  
Loans held for investment $ 498,500                
2021-A Notes, Class A | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued           $ 407,200      
Fixed interest rate           88.00%      
2021-A Notes, Class B | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued           $ 30,300      
Fixed interest rate           106.00%      
2021-A Notes, Class C | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued           $ 21,000      
Fixed interest rate           166.00%      
2021-A Notes, Class D | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued           $ 22,500      
Fixed interest rate           349.00%      
2021-A Notes, Class E | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued           $ 19,000      
Fixed interest rate           565.00%      
2020-A                  
Debt Instrument [Line Items]                  
Percentage of residual certificates retained 100.00%   100.00%            
2020-A | Secured debt                  
Debt Instrument [Line Items]                  
Number of classes of securitization trusts | class               3  
2020-A | Secured debt | Asset Pledged as Collateral                  
Debt Instrument [Line Items]                  
Loans held for investment     $ 234,000            
2020-A Notes, Class A | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued               $ 330,000  
Fixed interest rate               210.00%  
2020-A Notes, Class B | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued               $ 16,200  
Fixed interest rate               354.00%  
2020-A Notes, Class C | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued               $ 22,100  
Fixed interest rate               623.00%  
2021-B                  
Debt Instrument [Line Items]                  
Percentage of residual certificates retained 100.00%                
2021-B | Secured debt                  
Debt Instrument [Line Items]                  
Number of classes of securitization trusts | class       5          
Debt issuance costs $ 1,800                
Total funding debt, net of deferred debt issuance costs 500,000                
2021-B | Secured debt | Asset Pledged as Collateral                  
Debt Instrument [Line Items]                  
Loans held for investment $ 511,100                
2021-B Notes, Class A | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued       $ 418,800          
Fixed interest rate       103.00%          
2021-B Notes, Class B | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued       $ 28,000          
Fixed interest rate       124.00%          
2021-B Notes, Class C | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued       $ 19,800          
Fixed interest rate       140.00%          
2021-B Notes, Class D | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued       $ 22,500          
Fixed interest rate       254.00%          
2021-B Notes, Class E | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued       $ 11,000          
Fixed interest rate       461.00%          
2020-Z1                  
Debt Instrument [Line Items]                  
Percentage of residual certificates retained 100.00%                
2020-Z1 | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued                 $ 150,000
Fixed interest rate                 0.0346%
Total funding debt, net of deferred debt issuance costs $ 30,500                
2020-Z1 | Secured debt | Asset Pledged as Collateral                  
Debt Instrument [Line Items]                  
Loans held for investment $ 30,300                
2022-A                  
Debt Instrument [Line Items]                  
Percentage of residual certificates retained 100.00%                
2022-A | Secured debt                  
Debt Instrument [Line Items]                  
Number of classes of securitization trusts | class   5              
Debt issuance costs $ 2,700                
Total funding debt, net of deferred debt issuance costs 499,900                
2022-A | Secured debt | Asset Pledged as Collateral                  
Debt Instrument [Line Items]                  
Loans held for investment $ 519,600                
2022-A Notes, Class A | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued   $ 405,600              
Fixed interest rate   430.00%              
2022-A Notes, Class B | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued   $ 27,600              
Fixed interest rate   464.00%              
2022-A Notes, Class C | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued   $ 26,800              
Fixed interest rate   489.00%              
2022-A Notes, Class D | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued   $ 18,200              
Fixed interest rate   553.00%              
2022-A Notes, Class E | Secured debt                  
Debt Instrument [Line Items]                  
Securitization issued   $ 21,800              
Fixed interest rate   804.00%