| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Interest and finance income | ||||||
428,423 | 382,944 | 334,040 | 264,844 | 195,048 | 145,275 | 62,941 |
Interest expense | ||||||
44,670 | 47,075 | 46,199 | 32,862 | 20,244 | 17,200 | 13,419 |
Net interest income | ||||||
383,753 | 335,869 | 287,841 | - | - | - | - |
Gross revenue | ||||||
- | - | - | 291,317 | 254,767 | 158,064 | 65,249 |
Provision for Loan and Lease Losses | ||||||
173,369 | 148,541 | 152,926 | 149,963 | 74,863 | 67,432 | 26,570 |
Net interest income (loss), after credit provision | ||||||
210,384 | 187,328 | 134,915 | - | - | - | - |
Gain on sales of loans | ||||||
0 | 0 | 2,485 | 14,411 | 53,354 | 8,823 | 788 |
Other revenue | ||||||
16,063 | 14,797 | 13,890 | 12,062 | 6,365 | 3,966 | 1,520 |
Total non-interest income | ||||||
16,063 | 14,797 | 16,375 | - | - | - | - |
Total cost of revenue | ||||||
- | - | - | 182,825 | 95,107 | 84,632 | 39,989 |
Net revenue | ||||||
- | - | - | 108,492 | 159,660 | 73,432 | 25,260 |
Operating expense: | ||||||
Sales and marketing | ||||||
50,518 | 44,082 | 52,786 | 67,011 | 60,575 | 33,201 | 18,095 |
Technology and analytics | ||||||
67,380 | 50,866 | 53,392 | 58,899 | 42,653 | 17,399 | 8,760 |
Processing and servicing | ||||||
24,664 | 21,209 | 18,076 | 19,719 | 13,053 | 8,230 | 5,577 |
General and administrative | ||||||
63,763 | 61,333 | 41,916 | 48,345 | 45,304 | 21,680 | 12,169 |
Total operating expense | ||||||
206,325 | 177,490 | 166,170 | 193,974 | 161,585 | 80,510 | 44,601 |
Income (loss) from operations | ||||||
- | - | - | - | -1,925 | -7,078 | -19,341 |
Interest expense | ||||||
- | - | - | - | 306 | 398 | 1,276 |
Warrant liability fair value adjustment | ||||||
- | - | - | - | - | 11,232 | 3,739 |
Total other expense | ||||||
- | - | - | - | 306 | 11,630 | 5,015 |
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ||||||
20,100 | 24,600 | -14,900 | -85,500 | -2,231 | -18,708 | -24,356 |
Income Tax Expense (Benefit) | ||||||
-3,500 | 0 | 0 | 0 | 0 | 0 | 0 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
23,635 | 24,635 | -14,880 | -85,482 | -2,231 | -18,708 | -24,356 |
Series A and Series B preferred stock redemptions | ||||||
- | - | - | - | - | - | 5,254 |
Accretion of dividends on redeemable convertible preferred stock | ||||||
- | - | - | - | - | 12,884 | 7,470 |
Less: Net income (loss) attributable to noncontrolling interest | ||||||
-4,320 | -2,411 | -2,811 | -2,524 | -958 | 0 | 0 |
Net income (loss) attributable to On Deck Capital, Inc. common stockholders | ||||||
27,955 | 27,046 | -12,069 | -82,958 | -1,273 | -31,592 | - |
Net income (loss) attributable to On Deck Capital, Inc. common stockholders | ||||||
- | - | - | - | - | - | -37,080 |
Earnings Per Share [Abstract] | ||||||
Basic and diluted (in dollars per share) | ||||||
- | - | - | - | -0.02 | -0.60 | -8.64 |
Basic (in dollars per share) | ||||||
0.38 | 0.36 | -0.17 | -1.17 | - | - | - |
Diluted (in dollars per share) | ||||||
0.36 | 0.34 | -0.17 | -1.17 | - | - | - |
Weighted-average common shares outstanding: | ||||||
Basic and diluted (in shares) | ||||||
- | - | - | - | 69,545 | 52,556 | 4,292 |
Weighted Average Number of Shares Outstanding, Basic | ||||||
74,148 | 74,561 | 72,890 | 70,934 | - | - | - |
Weighted Average Number of Shares Outstanding, Diluted | ||||||
76,963 | 78,549 | 72,890 | 70,934 | - | - | - |
Comprehensive income (loss): | ||||||
Net income (loss) | ||||||
23,635 | 24,635 | -14,880 | -85,482 | -2,231 | - | -24,356 |
Other comprehensive income (loss): | ||||||
Unrealized gain (loss) on derivative instrument | ||||||
-391 | -456 | 0 | - | - | - | - |
Unrealized (loss) on derivative instrument | ||||||
- | - | - | 0 | - | - | - |
Foreign currency translation adjustment | ||||||
907 | -1,791 | 594 | -20 | -678 | 0 | 0 |
Comprehensive income (loss) | ||||||
24,151 | 22,388 | -14,286 | -85,502 | -2,909 | -18,708 | -24,356 |
Less: Comprehensive income (loss) attributable to noncontrolling interests | ||||||
18 | -467 | 267 | -13 | -306 | 0 | - |
Comprehensive loss attributable to noncontrolling interests | ||||||
- | - | - | - | - | - | 0 |
Net Income (Loss) Attributable to Noncontrolling Interest | ||||||
-4,320 | -2,411 | -2,811 | -2,524 | -958 | 0 | 0 |
Comprehensive income (loss) attributable to On Deck Capital, Inc. common stockholders | ||||||
28,453 | 25,266 | -11,742 | -82,965 | -1,645 | -18,708 | -24,356 |