Subsequent Event

9 Months Ended

Oct. 31, 2018

Subsequent Events [Abstract]

Subsequent Event

Subsequent Events

Housing Trust Silicon Valley Note

In November 2018, we purchased a $5.0 million1.5% senior note issued by Housing Trust Silicon Valley, a nonprofit community development financial institution, to support affordable homes in the San Francisco Bay Area. This note matures on October 31, 2023. Interest is payable semi-annually on April 30 and October 31 of each year.

Conversion of Class B Common Stock to Class A Common Stock

On December 4, 2018, all outstanding shares of our Class B common stock automatically converted into the same number of shares of our Class A common stock pursuant to the terms of our amended and restated certificate of incorporation, which provided that each share of our Class B common stock convert automatically into Class A common stock when the outstanding shares of Class B common stock represent less than 10% of the aggregate number of shares of the then outstanding Class A common stock and Class B common stock. No additional Class B shares may be issued following the conversion. The conversion does not impact our basic or diluted net loss per share attributable to common stockholders or our financial performance.