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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue:      
Interest income $ 195,048 $ 145,275 $ 62,941
Gain on sales of loans 53,354 8,823 788
Other revenue 6,365 3,966 1,520
Gross revenue 254,767 158,064 65,249
Cost of revenue:      
Provision for loan losses 74,863 67,432 26,570
Funding costs 20,244 17,200 13,419
Total cost of revenue 95,107 84,632 39,989
Net revenue 159,660 73,432 25,260
Operating expense:      
Sales and marketing 60,575 33,201 18,095
Technology and analytics 42,653 17,399 8,760
Processing and servicing 13,053 8,230 5,577
General and administrative 45,304 21,680 12,169
Total operating expense 161,585 80,510 44,601
Loss from operations (1,925) (7,078) (19,341)
Other expense:      
Interest expense (306) (398) (1,276)
Warrant liability fair value adjustment 0 (11,232) (3,739)
Total other expense (306) (11,630) (5,015)
Loss before provision for income taxes (2,231) (18,708) (24,356)
Provision for income taxes 0 0 0
Net loss (2,231) (18,708) (24,356)
Series A and Series B preferred stock redemptions 0 0 (5,254)
Accretion of dividends on redeemable convertible preferred stock 0 (12,884) (7,470)
Net loss attributable to noncontrolling interest 958 0 0
Net loss attributable to On Deck Capital, Inc. common stockholders $ (1,273) $ (31,592) $ (37,080)
Net loss per share attributable to On Deck Capital, Inc. common shareholders:      
Basic and diluted (in dollars per share) $ (0.02) $ (0.60) $ (8.64)
Weighted-average common shares outstanding:      
Basic and diluted (shares) 69,545,238 52,556,998 4,292,026
Comprehensive loss:      
Foreign currency translation adjustment $ (678) $ 0 $ 0
Comprehensive loss (2,909) (18,708) (24,356)
Comprehensive loss attributable to noncontrolling interests 306 0 0
Comprehensive loss attributable to On Deck Capital, Inc. common stockholders $ (1,645) $ (18,708) $ (24,356)