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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 79,554 $ 159,822
Restricted cash 44,432 38,463
Loans held for investment 1,000,445 552,742
Less: Allowance for loan losses (110,162) (53,311)
Loans held for investment, net 890,283 499,431
Loans held for sale 373 706
Property, equipment and software, net 29,405 26,187
Other assets 20,044 20,416
Total assets 1,064,091 745,025
Liabilities:    
Accounts payable 5,271 2,701
Interest payable 2,122 757
Debt 760,522  
Accrued expenses and other liabilities 38,496 33,560
Total liabilities 800,494 415,603
Commitments and contingencies
Stockholders’ equity (deficit):    
Common stock—$0.005 par value, 1,000,000,000 shares authorized and 74,801,825 and 73,107,848 shares issued and 71,605,708 and 70,060,208 outstanding at December 31, 2016 and 2015, respectively. 374 366
Treasury stock—at cost (6,697) (5,843)
Additional paid-in capital 477,526 457,003
Accumulated deficit (211,299) (128,341)
Accumulated other comprehensive loss (379) (372)
Total On Deck Capital, Inc. stockholders' equity 259,525 322,813
Noncontrolling interest 4,072 6,609
Total equity 263,597 329,422
Total liabilities and equity 1,064,091 745,025
Funding debt    
Liabilities:    
Debt 726,639 375,890
Corporate debt    
Liabilities:    
Debt $ 27,966 $ 2,695