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Variable Interest Entities - Assets and Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Variable Interest Entity [Line Items]            
Assets [1] $ 1,917,018   $ 1,820,455      
Liabilities [1] 1,159,947   1,013,377      
Net Assets 757,071 $ 876,504 807,078 $ 716,096 $ 320,590 $ 300,252
Variable Interest Entity, Primary Beneficiary            
Variable Interest Entity [Line Items]            
Assets 627,869   342,025      
Liabilities 212,013   49,314      
Net Assets 415,856   292,711      
Variable Interest Entity, Not Primary Beneficiary | Securitizations and other            
Variable Interest Entity [Line Items]            
Assets 121,454   217,321      
Liabilities 83,779   160,248      
Net Assets 37,675   57,073      
Maximum Exposure to Losses $ 11,913   $ 15,503      
[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 June 30, 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,June 30,
20212022
Assets
Cash $7,700 $1,326 
Restricted cash79,561 11,460 
Loans (at fair value)245,972 607,830 
Other assets (includes $7,571 and $4,310 at fair value as of December 31, 2021 and June 30, 2022, respectively)
8,792 7,253 
Total assets$342,025 $627,869 
Liabilities
Borrowings48,536 208,123 
Other liabilities 778 3,890 
Total liabilities49,314 212,013 
Total net assets$292,711 $415,856