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Revenue (Tables)
3 Months Ended
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,
20202021
Revenue from fees, net:
Platform and referral fees, net$60,230 $106,953 
Servicing fees, net7,783 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,
20202021
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,
20202021
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,
20202021
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)