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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 395,618 $ 432,608
Restricted cash 10,471 6,446
Accrued revenue, net 16,253 15,363
Inventory 38,306 22,694
Loans held for sale 15,748 4,913
Prepaid expenses and other current assets 13,586 14,223
Total current assets 489,982 496,247
Property and equipment, net 30,618 25,187
Right of use assets, net 32,737  
Goodwill and intangibles, net 11,870 11,992
Other non-current assets 9,403 9,395
Total assets 574,610 542,821
Current liabilities    
Accounts payable 17,533 2,516
Accrued liabilities 54,064 30,837
Other payables 10,374 6,544
Warehouse credit facilities 15,193 4,733
Current operating lease liabilities 6,368  
Current portion of deferred rent 68 1,588
Total current liabilities 103,600 46,218
Non-current operating lease liabilities 41,567  
Deferred rent 0 11,079
Convertible senior notes, net 115,094 113,586
Total liabilities 260,261 170,883
Commitments and contingencies (Note 7)
Stockholders’ equity    
Common stock—par value $0.001 per share; 500,000,000 shares authorized; 90,926,249 and 90,151,341 shares issued and outstanding, respectively 91 90
Additional paid-in capital 552,418 542,829
Accumulated deficit (238,160) (170,981)
Total stockholders’ equity 314,349 371,938
Total liabilities and stockholders’ equity $ 574,610 $ 542,821