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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Operating activities:          
Net loss $ 3,475 $ 10,558 $ (29,756) $ (13,203) $ (15,002)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization     6,123 5,326  
Stock-based compensation     14,472 8,028  
Amortization of debt discount and issuance costs     1,128 0  
Change in assets and liabilities:          
Prepaid expenses     2,680 (84)  
Accrued revenue     80 (2,712)  
Inventory     (21,779) (5,399)  
Other current assets     (576) 8,556  
Other long-term assets     (296) 244  
Accounts payable     702 1,228  
Accrued liabilities     10,943 8,513  
Deferred lease liability     (913) 1,001  
Accrued expenses     414 0  
Origination of loans held for sale     (56,157) (5,755)  
Proceeds from sale of loans originated as held for sale     52,127 5,030  
Net cash provided by (used in) operating activities     (20,808) 10,773  
Investing activities:          
Maturities and sales of short-term investments     0 1,484  
Purchases of short-term investments     0 (993)  
Purchases of property and equipment     (5,528) (10,499)  
Net cash used in investing activities     (5,528) (10,008)  
Financing activities:          
Proceeds from issuance of convertible senior notes, net     138,953 0  
Proceeds from follow-on offering, net     107,593 0  
Proceeds from issuance of common stock     17,314 2,519  
Tax payment related to net share settlements on restricted stock units     (705) 0  
Proceeds from initial public offering, net of underwriting discounts     0 148,088  
Payment of initial public offering costs     0 (3,449)  
Borrowings from warehouse credit facilities     54,806 5,603  
Repayments of warehouse credit facilities     (51,031) (4,898)  
Other payables - customer escrow deposits related to title services     7,684 6,065  
Net cash provided by financing activities     274,614 153,928  
Net change in cash, cash equivalents, and restricted cash     248,278 154,693  
Cash, cash equivalents, and restricted cash:          
Beginning of period     212,658 67,845 67,845
End of period 460,936 222,538 460,936 222,538 $ 212,658
Supplemental disclosure of non-cash investing and financing activities:          
Accretion of redeemable convertible preferred stock $ 0 $ (40,224) 0 (175,915)  
Stock-based compensation capitalized in property and equipment     (363) (194)  
Initial public offering cost accruals     0 (200)  
Property and equipment additions in accounts payable and accrued expenses     (25) 0  
Leasehold improvements paid directly by lessor     (926) (104)  
Cash in transit for exercised stock options     $ (85) $ 0