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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Transaction fees $ 121,905,000 $ 100,813,000 $ 327,911,000 $ 321,926,000
Investor fees 20,499,000 [1] 18,477,000 [1] 62,795,000 53,620,000
Other revenue (expense) (225,000) [1] (7,158,000) [1] 6,219,000 (10,965,000)
Other revenue (expense)        
Interest income 151,532,000 171,868,000 469,788,000 529,432,000
Interest expense (139,681,000) (169,444,000) (448,628,000) (523,723,000)
Net interest income 11,851,000 2,424,000 21,160,000 5,709,000
Total net revenue 154,030,000 114,556,000 418,085,000 370,290,000
Operating expenses:        
Sales and marketing 59,570,000 44,901,000 169,735,000 161,213,000
Origination and servicing 21,321,000 16,332,000 63,044,000 56,464,000
Engineering and product development 32,860,000 29,428,000 104,338,000 82,835,000
Other general and administrative 46,925,000 58,940,000 142,994,000 150,432,000
Goodwill impairment [1] 0 1,650,000 0 37,050,000
Total operating expenses 160,676,000 151,251,000 480,111,000 487,994,000
Loss before income tax expense (6,646,000) (36,695,000) (62,026,000) (117,704,000)
Income tax expense (benefit) 13,000 (209,000) (79,000) (4,004,000)
Consolidated net loss (6,659,000) (36,486,000) (61,947,000) (113,700,000)
Less: Loss attributable to noncontrolling interests (129,000) 0 (119,000) 0
LendingClub net loss $ (6,530,000) $ (36,486,000) $ (61,828,000) $ (113,700,000)
Net loss per share attributable to LendingClub: Basic ($ per share) $ (0.02) $ (0.09) $ (0.15) $ (0.30)
Net loss per share attributable to LendingClub: Diluted ($ per share) $ (0.02) $ (0.09) $ (0.15) $ (0.30)
Weighted-average common shares - Diluted (shares) 412,778,995 391,453,316 406,633,850 385,037,334
Weighted-average common shares - Basic (shares) 412,778,995 391,453,316 406,633,850 385,037,334
[1] Prior period amounts have been reclassified to conform to the current period presentation. See “Notes to Condensed Consolidated Financial Statements – Note 1. Basis of Presentation” for additional information.