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Balance Sheet Components | 3 Months Ended
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Mar. 31, 2021
Other Assets [Abstract] |
Balance Sheet Components | Balance Sheet Components Other Assets Other assets consisted of the following:
| December 31, |  | March 31
| 2020 |  | 2021
Servicing fees and other receivables | $ | 11,656 |  |  | $ | 18,134 |
Deposits | 7,947 |  |  | 8,165 |
Prepaid expenses | 6,009 |  |  | 14,203 |
Loan servicing assets (at fair value) | 6,831 |  |  | 8,734 |
Other assets | 7,603 |  |  | 2,701 |
Total other assets | $ | 40,046 |  |  | $ | 51,937 |
Servicing fees and other receivables represent amounts recognized as revenue but not yet collected in relation to servicing and other agreements with institutional investors and bank partners. Property, Equipment, and Software, Net Property, equipment, and software, net consisted of the following:
| December 31, |  | March 31
| 2020 |  | 2021
Internally developed software | $ | 7,906 |  |  | $ | 8,362 |
Computer equipment | 1,285 |  |  | 1,711 |
Furniture and fixtures | 1,770 |  |  | 1,770 |
Leasehold improvements | 2,763 |  |  | 2,763 |
Total property, equipment, and software | 13,724 |  |  | 14,606 |
Accumulated depreciation and amortization | (3,692) |  |  | (4,508) |
Total property, equipment, and software, net | $ | 10,032 |  |  | $ | 10,098 |
For the three months ended March 31, 2020 and 2021, depreciation and amortization expense on property, equipment, and software was immaterial. Capitalized internally developed software balances, net of accumulated amortization, were $6.0 million as of both December 31, 2020 and March 31, 2021 Accrued Expenses and Other Liabilities Accrued expenses and other liabilities consisted of the following:
| December 31, |  | March 31
| 2020 |  | 2021
Accrued expenses | $ | 10,974 |  |  | $ | 19,791 |
Accrued payroll | 13,834 |  |  | 6,282 |
Loan servicing liabilities (at fair value) | 8,254 |  |  | 10,853 |
Trailing fee liability (at fair value) | 1,276 |  |  | 1,775 |
Other liabilities | 1,331 |  |  | 4,168 |
Total accrued expenses and other liabilities | $ | 35,669 |  |  | $ | 42,869 |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
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