XML 47 R32.htm IDEA: XBRL DOCUMENT v3.22.0.1
Borrowings (Tables)
 12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Aggregate Principal Outstanding Of All Loans
The following table presents the aggregate principal outstanding of all loans mentioned in this note that are included in the consolidated balance sheets:
Borrowings
December 31,December 31,
20202021
Term loan$15,000 $— 
Revolving credit facility5,500 — 
Warehouse credit facilities34,994 48,030 
Risk retention funding loans7,187 507 
Convertible senior notes— 661,250 
Total payments due62,681 709,787 
Unamortized debt discount(55)(14,355)
Total borrowings$62,626 $695,432 
Schedule of Assets Pledge as Collateral The following table includes the aggregate balances held by ULT that were pledged as collateral for the ULT Warehouse Credit Facility and included in loans at fair value and restricted cash in the consolidated balance sheets:
ULT Warehouse Credit Facility
December 31, 2020December 31,
2021
Outstanding borrowings$34,994 $48,030 
Aggregate outstanding principal of loans pledged as collateral59,709 76,865 
Aggregate fair value of loans purchased and held by ULT60,231 142,687 
Restricted cash pledged as collateral11,270 76,256 
Schedule of Maturities of All Borrowings The following table summarizes the aggregate amount of maturities of all borrowings as of December 31, 2021:
December 31,
2021
2022$— 
2023507 
202448,030 
2025— 
2026661,250 
Thereafter— 
Total$709,787