Restatement of Condensed Consolidated Financial Statements - Condensed Consolidated Statements of Cash Flows (Details) (USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2015 | Mar. 31, 2014 |
Cash flows from operating activities: | | |
Net Income (Loss) | ($7,276) | ($2,718) |
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities: | | |
Change in Fair Value of Borrower Loans, Loans Held for Sale and Notes | 101 | -167 |
Other Non-Cash Changes in Borrower Loans, Loans Held for Sale and Notes | | -133 |
Depreciation and Amortization | 1,850 | 400 |
Stock-Based Compensation | 1,439 | 250 |
Loss on Impairment of Property and Equipment | | 215 |
Accretion of Class Action Settlement Liability | 19 | 30 |
Change in Servicing Rights | -1,256 | -283 |
Purchase of Loans Held for Sale at Fair Value | -540,924 | -150,787 |
Proceeds from Sales and Principal Payments of Loans Held for Sale at Fair Value | 547,673 | 150,510 |
Changes in Operating Assets and Liabilities: | | |
Restricted Cash Except for those Related to Investing Activities | -19,922 | -5,169 |
Accounts Receivable | 2,031 | -20 |
Prepaid and Other Assets | -850 | -417 |
Accounts Payable and Accrued Liabilities | 2,204 | 898 |
Payable to Investors | 23,212 | 5,850 |
Class Action Settlement Liability | -2,000 | -2,000 |
Net Cash Used in Operating Activities | | -3,541 |
Cash Flows From Investing Activities: | | |
Purchase of Borrower Loans Held at Fair Value | -47,714 | -44,256 |
Principal Payments of Borrower Loans Held at Fair Value | 36,063 | 28,245 |
Purchases of Property and Equipment | -3,537 | -659 |
Maturities of Short Term Investments | 1,274 | 1,271 |
Purchases of Short Term Investments | -1,275 | -1,274 |
Changes in Restricted Cash Related to Investing Activities | 1,859 | -771 |
Net Cash Used in Investing Activities | | -17,444 |
Cash Flows from Financing Activities: | | |
Proceeds from Issuance of Notes Held at Fair Value | 47,796 | 43,933 |
Payment of Notes Held at Fair Value | -36,069 | -28,326 |
Proceeds from Early Exercise of Stock Options | | 10 |
Proceeds from Exercise of Vested Stock Options | 522 | 4 |
Net Cash Provided by Financing Activities | | 15,621 |
Net (Decrease) Increase in Cash and Cash Equivalents | -12,225 | -5,364 |
Cash and Cash Equivalents at Beginning of the Period | 50,557 | 18,339 |
Cash and Cash Equivalents at End of the Period | 38,332 | 12,975 |
Prosper Funding LLC [Member] | | |
Cash flows from operating activities: | | |
Net Income (Loss) | 3,784 | 1,648 |
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities: | | |
Change in Fair Value of Borrower Loans, Loans Held for Sale and Notes | 101 | -210 |
Other Non-Cash Changes in Borrower Loans, Loans Held for Sale and Notes | | -133 |
Depreciation and Amortization | 1,220 | 277 |
Change in Servicing Rights | -1,443 | -294 |
Purchase of Loans Held for Sale at Fair Value | -540,924 | -150,787 |
Proceeds from Sales and Principal Payments of Loans Held for Sale at Fair Value | 547,673 | 150,510 |
Changes in Operating Assets and Liabilities: | | |
Restricted Cash Except for those Related to Investing Activities | -19,864 | -4,754 |
Accounts Payable and Accrued Liabilities | 205 | 89 |
Payable to Investors | 23,073 | 5,684 |
Other Assets | -15 | 3 |
Net Related Party Payable | | -516 |
Net Cash Used in Operating Activities | | 1,517 |
Cash Flows From Investing Activities: | | |
Purchase of Borrower Loans Held at Fair Value | -47,714 | -44,213 |
Principal Payments of Borrower Loans Held at Fair Value | 36,063 | 28,245 |
Purchases of Property and Equipment | -4,059 | -180 |
Maturities of Short Term Investments | 1,274 | 1,271 |
Purchases of Short Term Investments | -1,275 | -1,274 |
Changes in Restricted Cash Related to Investing Activities | 1,860 | -1,119 |
Net Cash Used in Investing Activities | | -17,270 |
Cash Flows from Financing Activities: | | |
Proceeds from Issuance of Notes Held at Fair Value | 47,796 | 43,933 |
Payment of Notes Held at Fair Value | -36,069 | -28,326 |
Net Cash Provided by Financing Activities | | 15,607 |
Net (Decrease) Increase in Cash and Cash Equivalents | -3,183 | -146 |
Cash and Cash Equivalents at Beginning of the Period | 23,777 | 5,789 |
Cash and Cash Equivalents at End of the Period | 20,594 | 5,643 |
Prosper Funding LLC [Member] | Property Plant and Equipment One [Member] | | |
Cash Flows From Investing Activities: | | |
Purchases of Property and Equipment | | -1,274 |
Prosper Funding LLC [Member] | Property Plant and Equipment Two [Member] | | |
Cash Flows From Investing Activities: | | |
Purchases of Property and Equipment | | -180 |
Previously Stated [Member] | | |
Cash flows from operating activities: | | |
Net Income (Loss) | | -2,166 |
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities: | | |
Change in Fair Value of Notes | | 32 |
Change in Fair Value of Borrower Loans Receivable | | -332 |
Change in Fair Value of Loans Held for Sale | | 2 |
Depreciation and Amortization | | 363 |
Stock-Based Compensation | | 255 |
Loss on Impairment of Property and Equipment | | 215 |
Changes in Operating Assets and Liabilities: | | |
Restricted Cash Except for those Related to Investing Activities | | -1,189 |
Accounts Receivable | | 36 |
Prepaid and Other Assets | | -445 |
Accounts Payable and Accrued Liabilities | | 1,511 |
Repurchase liability for unvested stock awards | | -105 |
Class Action Settlement Liability | | -2,000 |
Net Cash Used in Operating Activities | | -3,823 |
Cash Flows From Investing Activities: | | |
Purchase of Borrower Loans Held at Fair Value | | -166,608 |
Principal Payments of Borrower Loans Held at Fair Value | | 32,642 |
Proceeds from Sale of Borrower Loans Receivable Held at Fair Value | | 121,864 |
Repayment of Loans Held for Investment at Fair Value | | 100 |
Origination of Loans Held for Investment at Fair Value | | -28,858 |
Proceeds from sale of Borrower Loans at Fair Value | | 28,602 |
Purchases of Property and Equipment | | -692 |
Net Cash Used in Investing Activities | | -12,950 |
Cash Flows from Financing Activities: | | |
Proceeds from Issuance of Notes Held at Fair Value | | 44,199 |
Payment of Notes Held at Fair Value | | -32,910 |
Proceeds from Early Exercise of Stock Options | | 12 |
Proceeds of Restricted Stock Vested | | 104 |
Proceeds from Exercise of Vested Stock Options | | 4 |
Net Cash Provided by Financing Activities | | 11,409 |
Net (Decrease) Increase in Cash and Cash Equivalents | | -5,364 |
Cash and Cash Equivalents at Beginning of the Period | | 18,339 |
Cash and Cash Equivalents at End of the Period | | 12,975 |
Previously Stated [Member] | Prosper Funding LLC [Member] | | |
Cash flows from operating activities: | | |
Net Income (Loss) | | 2,088 |
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities: | | |
Change in Fair Value of Notes | | 32 |
Change in Fair Value of Borrower Loans Receivable | | -332 |
Change in Fair Value of Loans Held for Sale | | 2 |
Depreciation and Amortization | | 235 |
Changes in Operating Assets and Liabilities: | | |
Restricted Cash Except for those Related to Investing Activities | | -1,122 |
Accounts Payable and Accrued Liabilities | | 563 |
Other Assets | | 3 |
Net Related Party Payable | | -463 |
Net Cash Used in Operating Activities | | 1,006 |
Cash Flows From Investing Activities: | | |
Purchase of Borrower Loans Held at Fair Value | | -166,608 |
Principal Payments of Borrower Loans Held at Fair Value | | 32,642 |
Proceeds from Sale of Borrower Loans Receivable Held at Fair Value | | 121,864 |
Repayment of Loans Held for Investment at Fair Value | | 100 |
Origination of Loans Held for Investment at Fair Value | | -28,858 |
Proceeds from sale of Borrower Loans at Fair Value | | 28,602 |
Net Cash Used in Investing Activities | | -12,441 |
Cash Flows from Financing Activities: | | |
Proceeds from Issuance of Notes Held at Fair Value | | 44,199 |
Payment of Notes Held at Fair Value | | -32,910 |
Net Cash Provided by Financing Activities | | 11,289 |
Net (Decrease) Increase in Cash and Cash Equivalents | | -146 |
Cash and Cash Equivalents at Beginning of the Period | | 5,789 |
Cash and Cash Equivalents at End of the Period | | 5,643 |
Previously Stated [Member] | Prosper Funding LLC [Member] | Property Plant and Equipment Two [Member] | | |
Cash Flows From Investing Activities: | | |
Purchases of Property and Equipment | | -183 |
Adjustment [Member] | | |
Cash flows from operating activities: | | |
Net Income (Loss) | | -552 |
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities: | | |
Change in Fair Value of Borrower Loans, Loans Held for Sale and Notes | | -167 |
Change in Fair Value of Notes | | -32 |
Change in Fair Value of Borrower Loans Receivable | | 332 |
Change in Fair Value of Loans Held for Sale | | -2 |
Other Non-Cash Changes in Borrower Loans, Loans Held for Sale and Notes | | -133 |
Depreciation and Amortization | | 37 |
Stock-Based Compensation | | -5 |
Accretion of Class Action Settlement Liability | | 30 |
Change in Servicing Rights | | -283 |
Purchase of Loans Held for Sale at Fair Value | | -150,787 |
Proceeds from Sales and Principal Payments of Loans Held for Sale at Fair Value | | 150,510 |
Changes in Operating Assets and Liabilities: | | |
Restricted Cash Except for those Related to Investing Activities | | -3,980 |
Accounts Receivable | | -56 |
Prepaid and Other Assets | | 28 |
Accounts Payable and Accrued Liabilities | | -613 |
Repurchase liability for unvested stock awards | | 105 |
Payable to Investors | | 5,850 |
Net Cash Used in Operating Activities | | 282 |
Cash Flows From Investing Activities: | | |
Purchase of Borrower Loans Held at Fair Value | | 122,352 |
Principal Payments of Borrower Loans Held at Fair Value | | -4,397 |
Proceeds from Sale of Borrower Loans Receivable Held at Fair Value | | -121,864 |
Repayment of Loans Held for Investment at Fair Value | | -100 |
Origination of Loans Held for Investment at Fair Value | | 28,858 |
Proceeds from sale of Borrower Loans at Fair Value | | -28,602 |
Purchases of Property and Equipment | | 33 |
Maturities of Short Term Investments | | 1,271 |
Purchases of Short Term Investments | | -1,274 |
Changes in Restricted Cash Related to Investing Activities | | -771 |
Net Cash Used in Investing Activities | | -4,494 |
Cash Flows from Financing Activities: | | |
Proceeds from Issuance of Notes Held at Fair Value | | -266 |
Payment of Notes Held at Fair Value | | 4,584 |
Proceeds from Early Exercise of Stock Options | | -2 |
Proceeds of Restricted Stock Vested | | -104 |
Net Cash Provided by Financing Activities | | 4,212 |
Adjustment [Member] | Prosper Funding LLC [Member] | | |
Cash flows from operating activities: | | |
Net Income (Loss) | | -440 |
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities: | | |
Change in Fair Value of Borrower Loans, Loans Held for Sale and Notes | | -210 |
Change in Fair Value of Notes | | -32 |
Change in Fair Value of Borrower Loans Receivable | | 332 |
Change in Fair Value of Loans Held for Sale | | -2 |
Other Non-Cash Changes in Borrower Loans, Loans Held for Sale and Notes | | -133 |
Depreciation and Amortization | | 42 |
Change in Servicing Rights | | -294 |
Purchase of Loans Held for Sale at Fair Value | | -150,787 |
Proceeds from Sales and Principal Payments of Loans Held for Sale at Fair Value | | 150,510 |
Changes in Operating Assets and Liabilities: | | |
Restricted Cash Except for those Related to Investing Activities | | -3,632 |
Accounts Payable and Accrued Liabilities | | -474 |
Payable to Investors | | 5,684 |
Net Related Party Payable | | -53 |
Net Cash Used in Operating Activities | | 511 |
Cash Flows From Investing Activities: | | |
Purchase of Borrower Loans Held at Fair Value | | 122,395 |
Principal Payments of Borrower Loans Held at Fair Value | | -4,397 |
Proceeds from Sale of Borrower Loans Receivable Held at Fair Value | | -121,864 |
Repayment of Loans Held for Investment at Fair Value | | -100 |
Origination of Loans Held for Investment at Fair Value | | 28,858 |
Proceeds from sale of Borrower Loans at Fair Value | | -28,602 |
Maturities of Short Term Investments | | 1,271 |
Changes in Restricted Cash Related to Investing Activities | | -1,119 |
Net Cash Used in Investing Activities | | -4,829 |
Cash Flows from Financing Activities: | | |
Proceeds from Issuance of Notes Held at Fair Value | | -266 |
Payment of Notes Held at Fair Value | | 4,584 |
Net Cash Provided by Financing Activities | | 4,318 |
Adjustment [Member] | Prosper Funding LLC [Member] | Property Plant and Equipment One [Member] | | |
Cash Flows From Investing Activities: | | |
Purchases of Property and Equipment | | -1,274 |
Adjustment [Member] | Prosper Funding LLC [Member] | Property Plant and Equipment Two [Member] | | |
Cash Flows From Investing Activities: | | |
Purchases of Property and Equipment | | $3 |