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Borrowings (Tables)
 3 Months Ended
Mar. 31, 2023
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,
20222023
Warehouse credit facilities$336,452 $350,163 
Convertible senior notes661,250 661,250 
Total payments due997,702 1,011,413 
Unamortized debt discount(11,308)(10,542)
Total borrowings$986,394 $1,000,871 
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, 2022March 31,
2023
Outstanding borrowings$163,773 $151,733 
Aggregate outstanding principal of loans pledged as collateral228,895 210,383 
Aggregate fair value of loans purchased and held by ULT256,024 253,336 
Restricted cash pledged as collateral$8,547 $10,962 
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 December 31, 2022 and March 31, 2023.
UAWT Warehouse Credit Facility
December 31, 2022March 31, 2023
Outstanding borrowings$172,679 $198,430 
Aggregate outstanding principal of loans pledged as collateral221,847 298,158 
Aggregate fair value of loans purchased and held by UAWT216,539 291,621 
Restricted cash pledged as collateral$843 $490 
Schedule of Maturities of All Borrowings
The following table summarizes the aggregate amount of maturities of all borrowings as of March 31, 2023:

March 31,
2023
Remaining 2023$— 
2024151,733 
2025198,430 
2026661,250 
2027— 
Thereafter— 
Total$1,011,413