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Borrowings (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of Aggregate Principal Outstanding Of All Loans

The following table presents the aggregate principal outstanding of all loans mentioned in this note that are included in the condensed consolidated balance sheets:

			Borrowings
			December 31, 2020						March 31, 2021
Term loans			$	15,000					$	15,000
Revolving credit facility			5,500						5,500
Warehouse credit facilities			34,994						16,323
Risk retention funding loans			7,187						5,105
Total payments due			62,681						41,928
Unamortized debt discount			(55)						(37)
Total borrowings			$	62,626					$	41,891

Schedule of Assets Pledge as Collateral

The following table includes the aggregate balances held by ULT that were pledged as collateral for the ULT Warehouse Credit Facility and included in loans at fair value and restricted cash in the condensed consolidated balance sheets, respectively:

			ULT Warehouse Credit Facility
			December 31, 2020						March 31, 2021
Outstanding borrowings			$	34,994					$	16,323
Aggregate outstanding principal of loans pledged as collateral			59,709						28,854
Aggregate fair value of loans purchased and held by ULT			60,231						28,795
Restricted cash pledged as collateral			11,270						18,487

Schedule of Maturities of All Borrowings

The following table summarizes the aggregate amount of maturities of all borrowings as of March 31, 2021:

			March 31, 2021
Remainder of 2021			$	20,500
2022			16,357
2023			5,071
2024			—
2025			—
Total			$	41,928

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Schedule of Maturities of Borrowings

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Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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Tabular disclosure of financial instruments held by the entity for its own account for trading or investment purposes that are carried at fair value and pledged to counterparties as collateral for financing transactions. Description may include equity, fixed income, debt or other securities.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66007379&loc=d3e113888-111728

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 30
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=109249958&loc=SL6224234-111729

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