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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 64,292 $ 79,554
Restricted cash 56,729 44,432
Loans held for investment 957,203 1,000,445
Less: Allowance for loan losses (104,872) (110,162)
Loans held for investment, net 852,331 890,283
Loans held for sale 0 373
Property, equipment and software, net 24,975 29,405
Other assets 17,069 20,044
Total assets 1,015,396 1,064,091
Liabilities:    
Accounts payable 2,918 5,271
Interest payable 2,213 2,122
Accrued expenses and other liabilities 30,987 38,496
Total liabilities 756,296 800,494
Commitments and contingencies (Note 9)
Stockholders’ equity (deficit):    
Common stock—$0.005 par value, 1,000,000,000 shares authorized and 77,002,976 and 74,801,825 shares issued and 73,623,312 and 71,605,708 outstanding at September 30, 2017 and December 31, 2016, respectively. 385 374
Treasury stock—at cost (7,561) (6,697)
Additional paid-in capital 489,465 477,526
Accumulated deficit (227,973) (211,299)
Accumulated other comprehensive loss (6) (379)
Total On Deck Capital, Inc. stockholders' equity 254,310 259,525
Noncontrolling interest 4,790 4,072
Total equity 259,100 263,597
Total liabilities and equity 1,015,396 1,064,091
Funding debt    
Liabilities:    
Debt 702,998 726,639
Corporate debt    
Liabilities:    
Debt $ 17,180 $ 27,966