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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 78,063 $ 159,822
Restricted cash 39,816 38,463
Loans held for investment 804,398 552,742
Less: Allowance for loan losses (73,849) (53,311)
Loans held for investment, net 730,549 499,431
Loans held for sale 3,837 706
Property, equipment and software, net 30,428 26,187
Other assets 19,026 20,416
Total assets 901,719 745,025
Liabilities:    
Accounts payable 3,876 2,701
Interest payable 1,129 757
Accrued expenses and other liabilities 32,364 33,560
Total liabilities 593,990 415,603
Commitments and contingencies
Stockholders’ equity (deficit):    
Common stock—$0.005 par value, 1,000,000,000 shares authorized and 73,965,278 and 73,107,848 shares issued and 70,888,229 and 70,060,208 outstanding at June 30, 2016 and December 31, 2015, respectively 370 366
Treasury stock—at cost (6,096) (5,843)
Additional paid-in capital 467,223 457,003
Accumulated deficit (158,816) (128,341)
Accumulated other comprehensive loss (265) (372)
Total On Deck Capital, Inc. stockholders' equity 302,416 322,813
Noncontrolling interest 5,313 6,609
Total equity 307,729 329,422
Total liabilities and equity 901,719 745,025
Funding debt    
Liabilities:    
Debt 553,923 375,890
Corporate debt    
Liabilities:    
Debt $ 2,698 $ 2,695