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Investor Notes Payable (Tables)
9 Months Ended
Sep. 30, 2020
Debt Instrument [Line Items]  
Schedule of Investor Notes Payable



 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

As of

 

As of



 

 

 

September 30, 2020

 

December 31, 2019

SEC Registered Public Offerings

 

Offering Type

 

Amount

 

Weighted
Average
Interest
Rate

 

 

Amount

 

Weighted
Average
Interest
Rate

 

Class A Offering

 

Unsecured

 

$

306 

 

2.12 

%

 

$

487 

 

3.97 

%

Class 1 Offering

 

Unsecured

 

 

14,388 

 

3.75 

%

 

 

22,098 

 

4.01 

%

Class 1A Offering

 

Unsecured

 

 

42,780 

 

3.07 

%

 

 

32,732 

 

3.70 

%

Public Offering Total

 

 

 

$

57,474 

 

3.23 

%

 

$

55,317 

 

3.82 

%



 

 

 

 

 

 

 

 

 

 

 

 

 

 

Private Offerings

 

Offering Type

 

 

 

 

 

 

 

 

 

 

 

 

Subordinated Notes

 

Unsecured

 

$

11,328 

 

4.59 

%

 

$

11,317 

 

5.24 

%

Secured Notes

 

Secured

 

 

6,515 

 

3.99 

%

 

 

6,467 

 

3.98 

%

Private Offering Total

 

 

 

$

17,843 

 

4.37 

%

 

$

17,784 

 

4.78 

%



 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Investor Notes Payable

 

 

 

$

75,317 

 

3.50 

%

 

$

73,101 

 

4.06 

%

Investor Notes Payable Totals by Security

 

Offering Type

 

 

 

 

 

 

 

 

 

 

 

 

Unsecured Total

 

Unsecured

 

$

68,802 

 

3.46 

%

 

$

66,634 

 

4.06 

%

Secured Total

 

Secured

 

$

6,515 

 

3.99 

%

 

$

6,467 

 

3.98 

%



Notes Payable [Member]  
Debt Instrument [Line Items]  
Schedule of Maturities of Notes Payable



 

 

 



 

 

 

2021

 

$

24,433 

2022

 

 

17,264 

2023

 

 

7,847 

2024

 

 

13,224 

2025

 

 

12,549 



 

$

75,317