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Securitizations and Variable Interest Entities - Assets and Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Variable Interest Entity [Line Items]    
Assets [1] $ 488,588 $ 477,255
Liabilities [1] 167,998 177,003
Net Assets 320,590 300,252
Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Assets 86,723 104,992
Liabilities 21,499 42,296
Net Assets 65,224 62,696
Variable Interest Entity, Primary Beneficiary | Warehouse Entities    
Variable Interest Entity [Line Items]    
Assets 47,329 71,530
Liabilities 16,394 35,109
Net Assets 30,935 36,421
Variable Interest Entity, Primary Beneficiary | Majority-owned Affiliates    
Variable Interest Entity [Line Items]    
Assets 14,678 17,219
Liabilities 5,105 7,187
Net Assets 9,573 10,032
Variable Interest Entity, Primary Beneficiary | Other Consolidated VIEs    
Variable Interest Entity [Line Items]    
Assets 24,716 16,243
Liabilities 0 0
Net Assets 24,716 16,243
Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Assets 439,094 524,358
Liabilities 347,421 430,006
Net Assets 91,673 94,352
Maximum Exposure to Losses 23,248 26,141
Variable Interest Entity, Not Primary Beneficiary | Securitizations    
Variable Interest Entity [Line Items]    
Assets 407,667 484,604
Liabilities 315,994 390,252
Net Assets 91,673 94,352
Maximum Exposure to Losses 21,893 24,434
Variable Interest Entity, Not Primary Beneficiary | Upstart Network Trust    
Variable Interest Entity [Line Items]    
Assets 31,427 39,754
Liabilities 31,427 39,754
Net Assets 0 0
Maximum Exposure to Losses $ 1,355 $ 1,707
[1] The following table presents information on assets and liabilities related to variable interest entities (“VIEs”) that are consolidated by Upstart Holdings, Inc. at December 31, 2020 and March 31, 2021. The assets in the table below may only be used to settle obligations of consolidated VIEs and are in excess of those obligations. The holders of the beneficial interests do not have recourse to the general credit of Upstart Holdings, Inc. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation.
December 31,March 31,
20202021
Assets
Restricted cash$12,371 $19,440 
Loans (at fair value)75,373 52,558 
Notes receivable and residual certificates (at fair value)17,219 14,678 
Other assets29 47 
Total assets$104,992 $86,723 
Liabilities
Accounts payable$83 $71 
Borrowings42,181 21,428 
Other liabilities 32 — 
Total liabilities$42,296 $21,499