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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Transaction fees $ 135,926,000 $ 107,314,000 $ 247,108,000 $ 206,006,000
Investor fees 27,400,000 21,116,000 55,295,000 42,296,000
Gain on sales of loans (1) [1] 11,880,000 4,445,000 24,551,000 6,337,000
Other revenue (1) 1,467,000 [1] 1,949,000 [1] 2,924,000 3,695,000
Net interest income and fair value adjustments:        
Interest income 127,760,000 157,260,000 265,778,000 318,256,000
Interest expense (100,898,000) (150,340,000) (211,741,000) (308,947,000)
Net fair value adjustments (1) [1] (26,556,000) (2,171,000) (55,269,000) (3,588,000)
Net interest income and fair value adjustments (1) 306,000 [1] 4,749,000 [1] (1,232,000) 5,721,000
Total net revenue 176,979,000 139,573,000 328,646,000 264,055,000
Operating expenses:        
Sales and marketing 69,046,000 55,582,000 126,563,000 110,165,000
Origination and servicing 25,593,000 21,274,000 48,238,000 41,723,000
Engineering and product development 37,650,000 35,718,000 74,487,000 71,478,000
Other general and administrative 57,583,000 52,495,000 109,892,000 96,069,000
Goodwill impairment 35,633,000 0 35,633,000 0
Class action settlement and regulatory litigation expense 12,262,000 0 25,762,000 0
Total operating expenses 237,767,000 165,069,000 420,575,000 319,435,000
Loss before income tax expense (60,788,000) (25,496,000) (91,929,000) (55,380,000)
Income tax expense (benefit) 24,000 (52,000) 63,000 (92,000)
Consolidated net loss (60,812,000) (25,444,000) (91,992,000) (55,288,000)
Less: Income attributable to noncontrolling interests 49,000 10,000 50,000 10,000
LendingClub net loss $ (60,861,000) $ (25,454,000) $ (92,042,000) $ (55,298,000)
Net loss per share attributable to LendingClub: Basic ($ per share) $ (0.14) $ (0.06) $ (0.22) $ (0.14)
Net loss per share attributable to LendingClub: Diluted ($ per share) $ (0.14) $ (0.06) $ (0.22) $ (0.14)
Weighted-average common shares - Diluted (shares) 421,194,489 406,676,996 419,754,893 403,510,351
Weighted-average common shares - Basic (shares) 421,194,489 406,676,996 419,754,893 403,510,351
[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.