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Borrowings (Tables)
 6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Aggregate Principal Outstanding of All Debt
The following table presents the aggregate principal outstanding of all debt mentioned in this note that are included in the condensed consolidated balance sheets:
Borrowings
December 31,June 30,
20222023
Warehouse credit facilities$336,452 $279,178 
Convertible senior notes661,250 661,250 
Total payments due997,702 940,428 
Unamortized debt discount(11,308)(9,775)
Total borrowings$986,394 $930,653 
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, 2022June 30,
2023
Outstanding borrowings$163,773 $91,479 
Aggregate outstanding principal of loans pledged as collateral228,895 123,381 
Aggregate fair value of loans purchased and held by ULT256,024 126,622 
Restricted cash pledged as collateral$8,547 $4,904 
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 June 30, 2023.
UAWT Warehouse Credit Facility
December 31, 2022June 30, 2023
Outstanding borrowings$172,679 $187,699 
Aggregate outstanding principal of loans pledged as collateral221,847 272,094 
Aggregate fair value of loans purchased and held by UAWT216,539 268,117 
Restricted cash pledged as collateral$843 $383 
Schedule of Maturities of All Borrowings
The following table summarizes the aggregate amount of maturities of all borrowings as of June 30, 2023:

June 30,
2023
Remaining 2023$— 
2024— 
2025187,699 
2026752,729 
2027— 
Thereafter— 
Total$940,428