Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents		$ 338,394	$ 243,779
Restricted cash	[1]	134,345	243,343
Securities available for sale (includes $245,083 and $271,173 at amortized cost, $15,571 and $0 in allowance for credit losses, and $148,809 and $174,849 pledged as collateral at fair value, respectively)		221,930	270,927
Loans held for investment at fair value	[1]	785,228	1,079,315
Loans held for investment by the Company at fair value	[1]	65,557	43,693
Loans held for sale by the Company at fair value	[1]	587,093	722,355
Accrued interest receivable	[1]	11,314	12,857
Property, equipment and software, net		106,697	114,370
Operating lease assets		79,407	93,485
Intangible assets, net		12,932	14,549
Other assets	[1]	109,702	143,668
Total assets		2,452,599	2,982,341
Liabilities and Equity
Accounts payable		2,951	10,855
Accrued interest payable	[1]	7,780	9,260
Operating lease liabilities		100,911	112,344
Accrued expenses and other liabilities	[1]	86,369	142,636
Payable to investors		49,405	97,530
Notes, certificates and secured borrowings at fair value	[1]	785,928	1,081,466
Payable to Structured Program note and certificate holders at fair value	[1]	193,034	40,610
Credit facilities and securities sold under repurchase agreements	[1]	480,079	587,453
Total liabilities		1,706,457	2,082,154
Equity
Series A Preferred stock, $0.01 par value; 1,200,000 shares authorized; 195,627 and 0 shares issued, respectively; 195,627 and 0 shares outstanding, respectively		2	0
Common stock, $0.01 par value; 180,000,000 shares authorized; 70,938,835 and 89,218,797 shares issued, respectively; 70,938,835 and 88,757,406 shares outstanding, respectively		709	892
Additional paid-in capital		1,478,247	1,467,882
Accumulated deficit		(725,234)	(548,472)
Treasury stock, at cost; 0 and 461,391 shares, respectively		0	(19,550)
Accumulated other comprehensive loss		(7,582)	(565)
Total equity		746,142	900,187
Total liabilities and equity		$ 2,452,599	$ 2,982,341

[1] Includes amounts in consolidated variable interest entities (VIEs) presented separately in the table below.