Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the U.S. federal rate to the Company’s effective income tax rate is as follows (in thousands, except percentages):

	Year Ended December 31,
	2019				2018				2017
	Amount		Percent		Amount		Percent		Amount		Percent
Expected U.S. federal income taxes at statutory rate	$	(76,574)	21.0	%	$	(53,496)	21.0	%	$	(57,511)	35.0	%
Impact of 2017 Tax Cuts and Jobs Act	—		—	%	—		—	%	9,303		(5.7)	%
Loss attributable to non-controlling interests	52,496		(14.4)	%	41,024		(16.1)	%	52,607		(32.0)	%
State taxes	(2,945)		0.8	%	(2,363)		0.9	%	(553)		0.3	%
Valuation allowance	18,039		(4.9)	%	14,771		(5.8)	%	(3,911)		2.4	%
Effect due to LLC flow-through structure	10,004		(2.7)	%	—		—	%	—		—	%
Other	(1,020)		0.2	%	65		0.0	%	65		0.0	%
Income tax expense	$	—	—	%	$	—	—	%	$	—	—	%

Schedule of Deferred Tax Assets

The components of the Company’s deferred tax assets are as follows (in thousands):

		Years Ended December 31,
		2019		2018
Deferred tax assets:
	Investment in Carvana Group	$	155,775	$	100,977
	Net operating loss carryforward	44,771		23,323
	Interest expense carryforward	13,721		2,262
	Tax credit carryforward	586		—
	Total gross deferred tax assets	214,853		126,562
Valuation allowance		(214,853)		(126,562)
Total deferred tax assets, net of valuation allowance		$	—	$	—
Deferred tax liabilities:
	Intangibles	$	(1,808)	$	(2,217)
	Total gross deferred tax liabilities	(1,808)		(2,217)
Net deferred tax liabilities		$	(1,808)	$	(2,217)