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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue:      
Interest income $ 264,844 $ 195,048 $ 145,275
Gain on sales of loans 14,411 53,354 8,823
Other revenue 12,062 6,365 3,966
Gross revenue 291,317 254,767 158,064
Cost of revenue:      
Provision for loan losses 149,963 74,863 67,432
Funding costs 32,448 20,244 17,200
Total cost of revenue 182,411 95,107 84,632
Net revenue 108,906 159,660 73,432
Operating expense:      
Sales and marketing 67,011 60,575 33,201
Technology and analytics 58,899 42,653 17,399
Processing and servicing 19,719 13,053 8,230
General and administrative 48,345 45,304 21,680
Total operating expense 193,974 161,585 80,510
Loss from operations (85,068) (1,925) (7,078)
Other expense:      
Interest expense (414) (306) (398)
Warrant liability fair value adjustment 0 0 (11,232)
Total other expense (414) (306) (11,630)
Loss before provision for income taxes (85,482) (2,231) (18,708)
Provision for income taxes 0 0 0
Net loss (85,482) (2,231) (18,708)
Accretion of dividends on redeemable convertible preferred stock 0 0 (12,884)
Less: net loss attributable to noncontrolling interest 2,524 958 0
Net loss attributable to On Deck Capital, Inc. common stockholders $ (82,958) $ (1,273) $ (31,592)
Net loss per share attributable to On Deck Capital, Inc. common shareholders:      
Basic and diluted (in dollars per share) $ (1.17) $ (0.02) $ (0.60)
Weighted-average common shares outstanding:      
Basic and diluted (in shares) 70,934,937 69,545,238 52,556,998
Comprehensive loss:      
Foreign currency translation adjustment $ (20) $ (678) $ 0
Comprehensive loss (85,502) (2,909) (18,708)
Comprehensive loss attributable to noncontrolling interests 13 306 0
Net loss attributable to noncontrolling interest 2,524 958 0
Comprehensive loss attributable to On Deck Capital, Inc. common stockholders $ (82,965) $ (1,645) $ (18,708)