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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,904,785 $ 1,141,263
Short-term investments 1,885,385 1,280,989
Accounts receivable, net of allowance for doubtful accounts of $2,739 and $4,522 at September 30, 2020 and December 31, 2019, respectively 79,642 67,005
Mortgage loans held for sale 125,324 36,507
Inventory 193,283 836,627
Prepaid expenses and other current assets 73,604 58,117
Restricted cash 44,103 89,646
Total current assets 4,306,126 3,510,154
Contract cost assets 50,488 45,209
Property and equipment, net 198,243 170,489
Right of use assets 193,789 212,153
Goodwill 1,984,907 1,984,907
Intangible assets, net 100,649 190,567
Other assets 9,373 18,494
Total assets 6,843,575 6,131,973
Current liabilities:    
Accounts payable 19,352 8,343
Accrued expenses and other current liabilities 93,901 85,442
Accrued compensation and benefits 35,474 37,805
Borrowings under credit facilities 232,397 721,951
Deferred revenue 49,153 39,747
Lease liabilities, current portion 28,307 17,592
Convertible senior notes, current portion 7,584 9,637
Total current liabilities 466,168 920,517
Lease liabilities, net of current portion 214,503 220,445
Convertible senior notes, net of current portion 1,838,010 1,543,402
Deferred tax liabilities and other long-term liabilities 21,539 12,188
Total liabilities 2,540,220 2,696,552
Commitments and contingencies (Note 16)
Shareholders’ equity:    
Preferred stock, $0.0001 par value; 30,000,000 shares authorized; no shares issued and outstanding 0 0
Additional paid-in capital 5,488,161 4,412,200
Accumulated other comprehensive income 461 340
Accumulated deficit (1,185,291) (977,140)
Total shareholders’ equity 4,303,355 3,435,421
Total liabilities and shareholders’ equity 6,843,575 6,131,973
Class A Common Stock    
Shareholders’ equity:    
Common stock/capital stock 6 6
Class B Common Stock    
Shareholders’ equity:    
Common stock/capital stock 1 1
Class C Capital Stock    
Shareholders’ equity:    
Common stock/capital stock $ 17 $ 14