XML 54 R44.htm IDEA: XBRL DOCUMENT v3.23.1
Financial Instruments - Schedule of Assets, Liabilities, and Equity Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Liabilities    
Servicing Asset at Fair Value, Amount $ 35,061 $ 36,261
Fair Value, Measurements, Recurring    
Assets    
Cash equivalents 123,762 186,410
Loans held for sale 192,622 199,604
Other current assets 11,053 4,007
Total assets 512,601 578,021
Liabilities    
Total liabilities 2,340 2,914
Servicing Asset at Fair Value, Amount 35,061 36,261
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Current 140,531 122,259
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Noncurrent 9,572 29,480
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets    
Cash equivalents 123,762 186,410
Loans held for sale 0 0
Other current assets 0 0
Total assets 273,865 338,149
Liabilities    
Total liabilities 0 0
Servicing Asset at Fair Value, Amount 0 0
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Current 140,531 122,259
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Noncurrent 9,572  
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)    
Assets    
Cash equivalents 0 0
Loans held for sale 192,622 199,604
Other current assets 1,840 1,669
Total assets 194,462 201,273
Liabilities    
Total liabilities 2,297 1,873
Servicing Asset at Fair Value, Amount 0 0
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Current   0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)    
Assets    
Cash equivalents 0 0
Loans held for sale 0 0
Other current assets 9,213 2,338
Total assets 44,274 38,599
Liabilities    
Total liabilities 43 1,041
Servicing Asset at Fair Value, Amount 35,061 36,261
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Current   0
Fair Value, Measurements, Recurring | Money market funds    
Assets    
Cash equivalents 123,762 186,410
Fair Value, Measurements, Recurring | Money market funds | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets    
Cash equivalents 123,762 186,410
Fair Value, Measurements, Recurring | Money market funds | Significant Other Observable Inputs (Level 2)    
Assets    
Cash equivalents 0 0
Fair Value, Measurements, Recurring | Money market funds | Significant Unobservable Inputs (Level 3)    
Assets    
Cash equivalents 0 0
U.S. treasury securities | Fair Value, Measurements, Recurring    
Liabilities    
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Current 108,326 96,925
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Noncurrent 4,939 29,480
U.S. treasury securities | Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Liabilities    
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Current 108,326 96,925
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Noncurrent 4,939  
U.S. treasury securities | Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)    
Assets    
Short-term investments   0
Liabilities    
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Current 0  
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Noncurrent 0  
U.S. treasury securities | Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)    
Assets    
Short-term investments   0
Liabilities    
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Current 0  
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Noncurrent 0  
Agency bonds | Fair Value, Measurements, Recurring    
Liabilities    
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Current 32,205 25,334
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Noncurrent 4,633 0
Agency bonds | Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Liabilities    
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Current 32,205 25,334
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Noncurrent 4,633 29,480
Agency bonds | Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)    
Assets    
Short-term investments 0 0
Long-term investments 0 0
Agency bonds | Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)    
Assets    
Short-term investments 0 0
Long-term investments 0 0
Forward sales commitments | Fair Value, Measurements, Recurring    
Assets    
Other current assets 1,840 1,669
Liabilities    
Accrued liabilities 2,297 1,873
Forward sales commitments | Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets    
Other current assets 0 0
Liabilities    
Accrued liabilities 0 0
Forward sales commitments | Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)    
Assets    
Other current assets 1,840 1,669
Liabilities    
Accrued liabilities 2,297 1,873
Forward sales commitments | Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)    
Assets    
Other current assets 0 0
Liabilities    
Accrued liabilities 0 0
IRLCs | Fair Value, Measurements, Recurring    
Assets    
Other current assets 9,213 2,338
Liabilities    
Accrued liabilities 43 1,041
IRLCs | Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets    
Other current assets 0 0
Liabilities    
Accrued liabilities 0 0
IRLCs | Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)    
Assets    
Other current assets 0 0
Liabilities    
Accrued liabilities 0 0
IRLCs | Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)    
Assets    
Other current assets 9,213 2,338
Liabilities    
Accrued liabilities $ 43 $ 1,041