Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Assets
Cash		$ 757,828	$ 986,608
Restricted cash		254,866	204,633
Loans (at fair value)		597,981	252,477
Property, equipment, and software, net		29,816	24,259
Operating lease right of use assets		93,219	96,118
Non-marketable equity securities		41,000	40,000
Goodwill		67,062	67,062
Intangible assets, net		18,837	19,906
Other assets (includes $26,676 and $34,344 at fair value as of December 31, 2021 and March 31, 2022, respectively)		126,982	129,392
Total assets	[1]	1,987,591	1,820,455
Liabilities:
Accounts payable		10,289	6,563
Payable to investors		139,802	107,598
Borrowings		769,222	695,432
Accrued expenses and other liabilities (includes $13,095 and $13,531 at fair value as of December 31, 2021 and March 31, 2022, respectively)		91,723	103,418
Operating lease liabilities		100,051	100,366
Total liabilities	[1]	1,111,087	1,013,377
Stockholders’ equity:
Common stock, $0.0001 par value; 700,000,000 shares authorized; 83,659,665 and 84,676,746, shares issued and outstanding as of December 31, 2021 and March 31, 2022, respectively		9	8
Additional paid-in capital		777,582	740,849
Retained earnings		98,913	66,221
Total stockholders’ equity		876,504	807,078
Total liabilities and stockholders’ equity		$ 1,987,591	$ 1,820,455

[1] The following table presents information on assets and liabilities related to variable interest entities (“VIEs”) that are consolidated by Upstart Holdings, Inc. at December 31, 2021 and March 31, 2022. The assets in the table below may only be used to settle obligations of consolidated VIEs and are in excess of those obligations. The holders of the beneficial interests do not have recourse to the general credit of Upstart Holdings, Inc. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. December 31,March 31,20212022AssetsCash $7,700 $407 Restricted cash79,561 75,527 Loans (at fair value)245,972 591,554  Other assets (includes $7,571 and $5,840 at fair value as of December 31, 2021 and March 31, 2022, respectively) 8,792 8,485 Total assets$342,025 $675,973 LiabilitiesBorrowings48,536 121,551 Other liabilities 778 677 Total liabilities$49,314 $122,228