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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 384,381 $ 515,602
Restricted cash 182,844 177,810
Securities available for sale at fair value (includes $14,757 and $0 in consolidated VIEs, respectively) 219,285 287,137
Loans at fair value (includes $1,815,859 and $2,600,422 in consolidated VIEs, respectively) 3,413,893 4,311,984
Loans held for sale at fair value (includes $91,533 and $0 in consolidated VIEs, respectively) 265,925 9,048
Accrued interest receivable (includes $19,158 and $24,037 in consolidated VIEs, respectively) 36,125 40,299
Property, equipment and software, net 100,682 89,263
Intangible assets, net 22,957 26,211
Goodwill 35,633 35,633
Other assets 91,379 69,644
Total assets 4,753,104 5,562,631
Liabilities and Equity    
Accounts payable 7,503 10,889
Accrued interest payable (includes $21,268 and $26,839 in consolidated VIEs, respectively) 37,978 43,574
Accrued expenses and other liabilities 98,301 85,619
Payable to investors 93,893 125,884
Notes and certificates at fair value (includes $1,919,694 and $2,616,023 in consolidated VIEs, respectively) 3,515,578 4,320,895
Total liabilities 3,753,253 4,586,861
Equity    
Common stock, $0.01 par value; 900,000,000 shares authorized; 417,039,946 and 400,262,472 shares issued, respectively; 414,757,246 and 397,979,772 shares outstanding, respectively 4,170 4,003
Additional paid-in capital 1,306,604 1,226,206
Accumulated deficit (297,412) (234,187)
Treasury stock, at cost; 2,282,700 shares (19,485) (19,485)
Accumulated other comprehensive loss (589) (767)
Total LendingClub stockholders’ equity 993,288 975,770
Noncontrolling interests 6,563 0
Total equity 999,851 975,770
Total liabilities and equity $ 4,753,104 $ 5,562,631