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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows from Operating Activities:    
Net loss $ (82,596) $ (52,672)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 7,943 4,605
Loss on disposal of property and equipment 49 103
Provision for bad debt and valuation allowance 1,385 597
Gain on loan sales (19,200) (9,891)
Equity-based compensation expense 7,711 1,510
Amortization and write-off of debt issuance costs 979 323
Originations of finance receivables (532,066) (228,595)
Principal payments received on finance receivables held for sale 11,227 0
Proceeds from sale of finance receivables, net 601,557 220,357
Purchase of finance receivables (127,710) 0
Changes in assets and liabilities:    
Accounts receivable (5,435) (6,969)
Vehicle inventory (112,536) (72,030)
Other current assets (13,111) (2,998)
Other assets 238 297
Operating lease right-of-use assets (1,262)  
Accounts payable and accrued liabilities 46,784 12,957
Accounts payable to related party 1,848 800
Operating lease liabilities 68  
Other liabilities (382) 157
Net cash used in operating activities (214,509) (131,449)
Cash Flows from Investing Activities:    
Purchases of property and equipment, including $4,257 and $0 from related parties (43,199) (28,011)
Net cash used in investing activities (43,199) (28,011)
Cash Flows from Financing Activities:    
Proceeds from floor plan facility 807,890 393,119
Payments on floor plan facility (570,076) (293,378)
Proceeds from long-term debt 41,817 15,608
Payments on long-term debt (3,003) (1,309)
Payments of debt issuance costs (567) (141)
Proceeds from exercise of stock options 426 63
Tax withholdings related to restricted stock awards (433) (160)
Dividends paid 0 (1,528)
Net proceeds from issuance of Class A Convertible Preferred Stock 0 (163)
Net cash provided by financing activities 276,054 112,262
Net increase (decrease) in cash, cash equivalents and restricted cash 18,346 (47,198)
Cash, cash equivalents and restricted cash at beginning of period 88,709 187,123
Cash, cash equivalents and restricted cash at end of period 107,055 139,925
Class A Convertible Preferred Stock    
Cash Flows from Financing Activities:    
Dividends paid   (1,500)
Net proceeds from issuance of Class A Convertible Preferred Stock $ 0 $ (12)