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Borrowings (Tables)
 3 Months Ended
Mar. 31, 2022
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 condensed consolidated balance sheets:
Borrowings
December 31,March 31,
20212022
Warehouse credit facilities48,030 121,551 
Risk retention funding loan507 — 
Convertible senior notes661,250 661,250 
Total payments due709,787 782,801 
Unamortized debt discount(14,355)(13,579)
Total borrowings$695,432 $769,222 
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 condensed consolidated balance sheets:
ULT Warehouse Credit Facility
December 31, 2021March 31,
2022
Outstanding borrowings$48,030 $90,113 
Aggregate outstanding principal of loans pledged as collateral76,865 123,362 
Aggregate fair value of loans purchased and held by ULT142,687 262,601 
Restricted cash pledged as collateral76,256 34,996 
The following table includes the aggregate balances held by UAWT that were pledged as collateral for the UAWT Warehouse Credit Facility and included in loans at fair value and restricted cash in the condensed consolidated balance sheets as of March 31, 2022. The Company had no outstanding borrowings or loans owned by UAWT that were pledged as collateral under the UAWT Warehouse Credit Facility as of December 31, 2021.
UAWT Warehouse Credit Facility
March 31,
2022
Outstanding borrowings$31,438 
Aggregate outstanding principal of loans pledged as collateral38,533 
Aggregate fair value of loans purchased and held by UAWT57,549 
Restricted cash pledged as collateral578 
Schedule of Maturities of All Borrowings
The following table summarizes the aggregate amount of maturities of all borrowings as of March 31, 2022:

March 31,
2022
Remaining 2022$— 
202331,438 
202490,113 
2025— 
2026661,250 
2027— 
Total$782,801