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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 715,580  
Total Assets 347,610,494  
Liabilities    
Warrants, at fair value 42,283,500  
Total liabilities 55,343,896  
Commitments and Contingencies  
Members' Equity    
Accumulated deficit (17,831,314)  
Total Liabilities and Stockholders' Equity 347,610,494  
SUNLIGHT FINANCIAL LLC    
Assets    
Cash and cash equivalents 49,583,000 $ 47,341,000
Restricted cash 3,122,000 4,315,000
Advances (net of allowance for credit losses of $121 and $215) 35,280,000 17,308,000
Financing receivables (net of allowance for credit losses of $125 and $96) 5,333,000 5,130,000
Property and equipment, net 5,725,000 5,675,000
Other assets 7,030,000 2,700,000
Total Assets 106,073,000 82,469,000
Liabilities    
Accounts payable and accrued expenses 15,782,000 8,885,000
Funding commitments 18,386,000 19,509,000
Debt 14,625,000 11,811,000
Distributions payable 7,522,000 1,987,000
Due to affiliate 0 55,000
Warrants, at fair value 5,643,000 133,000
Other liabilities 1,502,000 704,000
Total liabilities 63,460,000 43,084,000
Commitments and Contingencies
Members' Equity    
Other ownership interests' capital 1,439,000 1,313,000
Accumulated deficit (623,342,000) (90,718,000)
Total members' equity (621,903,000) (89,405,000)
Total Liabilities and Stockholders' Equity 106,073,000 82,469,000
Preferred class A -3 unit members' capital    
Liabilities    
Distributions payable 5,000,000.0  
Preferred class A -3 unit members' capital | SUNLIGHT FINANCIAL LLC    
Temporary Equity    
Preferred class members' capital 260,428,000 76,519,000
Preferred class A-2 unit members' capital    
Liabilities    
Distributions payable 1,200,000  
Preferred class A-2 unit members' capital | SUNLIGHT FINANCIAL LLC    
Temporary Equity    
Preferred class members' capital 154,286,000 21,867,000
Preferred class A-1 unit members' capital | SUNLIGHT FINANCIAL LLC    
Liabilities    
Distributions payable 1,300,000  
Temporary Equity    
Preferred class members' capital 202,045,000 27,042,000
Common unit members' capital | SUNLIGHT FINANCIAL LLC    
Temporary Equity    
Common unit members' capital $ 47,757,000 $ 3,362,000