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Revenue (Tables) | 3 Months Ended
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Mar. 31, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue By Type of Service | The Company disaggregates revenue from fees by type of service for the periods presented as follows:
| Three Months Ended March 31, |  |
| 2020 |  | 2021 |  |  |  |  |  |
Revenue from fees, net: |  |  |  |  |  |  |  |  |
Platform and referral fees, net | $ | 60,230 |  |  | $ | 106,953 |  |  |  |  |  |  |
Servicing fees, net | 7,783 |  |  | 9,217 |  |  |  |  |  |  |
Total revenue from fees, net | $ | 68,013 |  |  | $ | 116,170 |  |  |  |  |  |  |
Gain (Loss) on Loan Servicing Rights | The Company recognized gains and losses related to loan servicing rights upon loan sales for the periods presented as follows:
| Three Months Ended March 31, |  |
| 2020 |  | 2021 |  |  |  |  |  |
Net gain (loss) related to loan servicing rights | $ | 1,459 |  |  | $ | (67) |  |  |  |  |  |  |
Schedule of Collection Agency And Borrower Fees | The Company recognized collection agency fees and borrower fees, which are included in servicing fees, net for the periods presented as follows:
| Three Months Ended March 31, |  |
| 2020 |  | 2021 |  |  |  |  |  |
Collection agency fees | $ | 800 |  |  | $ | 863 |  |  |  |  |  |  |
Borrower fees | $ | 517 |  |  | $ | 886 |  |  |  |  |  |  |
Components of The Interest Income and Fair Value Adjustments, Net | The table below presents components of the interest income and fair value adjustments, net presented in the Company’s condensed consolidated statements of operations and comprehensive income:
| Three Months Ended March 31, |  |
| 2020 |  | 2021 |  |  |  |  |  |
Interest income and fair value adjustments, net(1): |  |  |  |  |  |  |  |  |
Interest income | $ | 9,183 |  |  | $ | 3,405 |  |  |  |  |  |  |
Interest expense | (3,255) |  |  | (1,030) |  |  |  |  |  |  |
Fair value and other adjustments, net | (9,947) |  |  | 2,800 |  |  |  |  |  |  |
Total interest income and fair value adjustments, net | $ | (4,019) |  |  | $ | 5,175 |  |  |  |  |  |  |
(1) Includes interest income, interest expense and fair value adjustments, net related to consolidated securitization trusts for the three months ended March 31, 2020 is as follows:
| Three Months Ended March 31, |  |
| 2020 |  |  |  |  |  |  |  |
Interest income and fair value adjustments, net related to consolidated securitization trusts: |  |  |  |  |  |  |  |  |
Interest income | $ | 3,379 |  |  |  |  |  |  |  |  |
Interest expense | (569) |  |  |  |  |  |  |  |  |
Fair value and other adjustments, net | (3,000) |  |  |  |  |  |  |  |  |
Total interest income and fair value adjustments, net | $ | (190) |  |  |  |  |  |  |  |  |

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