Elevate Credit (ELVT) 10-Q 11 Aug 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 09, 2017
Document And Entity Information [Abstract]
Entity Registrant Name	ELEVATE CREDIT, INC.
Entity Central Index Key	1,651,094
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		41,693,473

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	[1]	$ 81,195	$ 53,574
Restricted cash		2,188	1,785
Loans receivable, net of allowance for loan losses of $66,030 and $77,451, respectively	[1]	405,619	392,663
Prepaid expenses and other assets	[1]	8,048	11,314
Receivable from CSO lenders		24,270	26,053
Receivable from payment processors	[1]	20,184	19,105
Deferred tax assets, net		33,542	31,197
Property and equipment, net		19,759	16,159
Goodwill		16,027	16,027
Intangible assets, net		2,213	2,304
Total assets		613,045	570,181
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable and accrued liabilities ($70 and $21 payable to Think Finance at June 30, 2017 and December 31, 2016, respectively)	[1]	33,624	31,390
State and other taxes payable		823	1,026
Deferred revenue		25,090	28,970
Notes payable, net	[1]	448,935	493,478
Derivative liability		1,754	1,750
Total liabilities		510,226	556,614
COMMITMENTS, CONTINGENCIES AND GUARANTEES (Note 10)
STOCKHOLDERS’ EQUITY
Preferred stock		0	0
Common stock; $0.0004 par value; 300,000,000 and 41,676,750 authorized shares, respectively; 41,693,473 and 13,001,216 issued and outstanding, respectively		17	5
Accumulated other comprehensive income, net of tax benefit of $2,347 for both periods		1,181	1,087
Additional paid-in capital		169,954	88,854
Accumulated deficit		(68,333)	(76,385)
Total stockholders’ equity		102,819	13,567
Total liabilities and stockholders’ equity		613,045	570,181
Series A Convertible Preferred
STOCKHOLDERS’ EQUITY
Preferred stock		0	3
Series B Convertible Preferred
STOCKHOLDERS’ EQUITY
Preferred stock		$ 0	$ 3
[1]	These balances include certain assets and liabilities of a variable interest entity (“VIE”) that can only be used to settle the liabilities of that VIE. All assets of the Company are pledged as security for the Company’s outstanding debt, including debt held by the VIE. For further information regarding the assets and liabilities included in our consolidated accounts, see Note 4—Variable Interest Entity.

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Loans receivable, allowance	$ 66,030	$ 77,451
Payable to Think Finance	$ 144	$ 25
Common stock, par value (in usd per share)	$ 0.0004	$ 0.0004
Common stock, shares authorized	300,000,000	41,676,750
Common stock, shares issued	41,693,473	13,001,216
Common stock, shares outstanding	41,693,473	13,001,216
Preferred Stock, par value (in usd per share)	$ 0.0004
Preferred stock, shares authorized	24,500,000	0
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
AOCI tax benefit	$ 2,347	$ 2,347
Series A Convertible Preferred
Preferred Stock, par value (in usd per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	0	2,957,059
Preferred stock, shares issued	0	2,957,059
Preferred stock, shares outstanding	0	2,957,059
Liquidation preference	$ 0	$ 22,850
Series B Convertible Preferred
Preferred Stock, par value (in usd per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	0	2,682,351
Preferred stock, shares issued	0	2,682,351
Preferred stock, shares outstanding	0	2,682,351
Liquidation preference	$ 0	$ 40,000
Think Finance | Affiliated Entity
Payable to Think Finance	$ 70	$ 21

CONDENSED CONSOLIDATED INCOME S

CONDENSED CONSOLIDATED INCOME STATEMENTS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Revenues	$ 150,471	$ 126,780	$ 306,838	$ 257,502
Cost of sales:
Provision for loan losses	72,297	67,134	155,090	126,223
Direct marketing costs	19,592	17,683	30,080	27,289
Other cost of sales	4,425	4,323	8,533	7,906
Total cost of sales	96,314	89,140	193,703	161,418
Gross profit	54,157	37,640	113,135	96,084
Operating expenses:
Compensation and benefits	20,824	16,584	41,352	32,684
Professional services	8,851	7,415	16,427	14,664
Selling and marketing	2,142	2,887	4,620	5,392
Occupancy and equipment	3,519	2,818	6,776	5,553
Depreciation and amortization	2,393	2,873	5,001	5,506
Other	1,095	844	2,010	1,550
Total operating expenses	38,824	33,421	76,186	65,349
Operating income	15,333	4,219	36,949	30,735
Other income (expense):
Net interest expense	(18,095)	(14,208)	(37,341)	(27,708)
Foreign currency transaction gain (loss)	1,716	(3,373)	2,284	(4,731)
Non-operating income	2,646	0	2,513	0
Total other expense	(13,733)	(17,581)	(32,544)	(32,439)
Income (loss) before taxes	1,600	(13,362)	4,405	(1,704)
Income tax benefit	(1,420)	(5,866)	(283)	0
Net income (loss)	$ 3,020	$ (7,496)	$ 4,688	$ (1,704)
Basic earnings (loss) per share (usd per share)	$ 0.08	$ (0.59)	$ 0.18	$ (0.13)
Diluted earnings (loss) per share (usd per share)	$ 0.08	$ (0.59)	$ 0.17	$ (0.13)
Basic weighted average shares outstanding	38,541,965	12,800,795	25,841,408	12,798,957
Diluted weighted average shares outstanding	39,950,760	12,800,795	27,294,945	12,798,957

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 3,020	$ (7,496)	$ 4,688	$ (1,704)
Other comprehensive income, net of tax:
Foreign currency translation adjustment, net of tax	171	414	94	539
Total other comprehensive income, net of tax	171	414	94	539
Total comprehensive income (loss)	$ 3,191	$ (7,082)	$ 4,782	$ (1,165)

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Common Stock	Preferred StockSeries A Convertible Preferred	Preferred StockSeries B Convertible Preferred	Additional paid-in capital	Accumulated deficit	Accumulated other comprehensive income
Balance at (in shares) at Dec. 31, 2015		12,796,856	2,957,059	2,682,351
Balance at at Dec. 31, 2015	$ 33,375	$ 5	$ 3	$ 3	$ 87,090	$ (54,012)	$ 286
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	413				413
Exercise of stock options (in shares)		62,572
Exercise of stock options	(408)				(408)
Tax benefit of equity issuance costs	0				0
Comprehensive income (loss)
Foreign currency translation adjustment net of tax expense of $0	539						539
Net income (loss)	(1,704)					(1,704)
Balance at (in shares) at Jun. 30, 2016		12,859,428	2,957,059	2,682,351
Balance at at Jun. 30, 2016	32,215	$ 5	$ 3	$ 3	87,095	(55,716)	825
Comprehensive income (loss)
Cumulative effect of change in accounting	3,364
Balance at (in shares) at Dec. 31, 2016		13,001,216	2,957,059	2,682,351
Balance at at Dec. 31, 2016	13,567	$ 5	$ 3	$ 3	88,854	(76,385)	1,087
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	$ 2,787				2,787
Exercise of stock options (in shares)	419,915	308,738
Exercise of stock options	$ (2)				(2)
Tax benefit of equity issuance costs	(1,873)				(1,873)
Issuance of common stock (in shares)		14,285,000
Issuance of common stock	80,194	$ 6			80,188
Conversion of preferred shares, common stock (preferred shares) (in shares)		5,639,410	(2,957,059)	(2,682,351)
Conversion of preferred shares	0	$ 6	$ (3)	$ (3)
2.5-for-1 common stock split (in shares)		8,459,109
Comprehensive income (loss)
Foreign currency translation adjustment net of tax expense of $0	94						94
Net income (loss)	4,688					4,688
Balance at (in shares) at Jun. 30, 2017		41,693,473	0	0
Balance at at Jun. 30, 2017	$ 102,819	$ 17	$ 0	$ 0	$ 169,954	$ (68,333)	$ 1,181

CONDENSED CONSOLIDATED STATEME7

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) (Parenthetical) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Stock split of common shares	2.5
Accumulated other comprehensive income
Foreign currency translation adjustment tax expense	$ 0	$ 0

CONDENSED CONSOLIDATED STATEME8

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017		Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 4,688		$ (1,704)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	5,001		5,506
Provision for loan losses	155,090		126,223
Stock-based compensation	2,787		413
Amortization of debt issuance costs	284		146
Amortization of loan premium	2,534		991
Amortization of loan premium	2,871		0
Deferred income tax expense, net	(854)		(279)
Unrealized (gain) loss from foreign currency transactions	(2,284)		4,731
Non-operating income	(2,513)		0
Changes in operating assets and liabilities:
Prepaid expenses and other assets	(1,891)		(4,689)
Reserve deposits	0		9,287
Receivables from payment processors	(799)		2,399
Receivables from CSO lenders	1,783		(5,657)
Interest receivable	(36,195)		(34,462)
State and other taxes payable	29		(377)
Deferred revenue	1,633		14,683
Accounts payable and accrued liabilities	2,939		1,151
Net cash provided by operating activities	135,103		118,362
CASH FLOWS FROM INVESTING ACTIVITIES:
Loans receivable originated or participations purchased	(508,514)		(391,604)
Principal collections and recoveries on loans receivable	371,806		270,167
Participation premium paid	(2,558)		(1,069)
Change in restricted cash	(405)		200
Purchases of property and equipment	(8,376)		(3,897)
Net cash used in investing activities	(148,047)		(126,203)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from notes payable	40,500		65,000
Payments of notes payable	(84,950)		0
Payment of capital lease obligations	(21)		(119)
Debt issuance costs paid	(730)		(140)
Equity issuance costs paid	(1,731)		(858)
Proceeds from issuance of stock	86,699		0
Proceeds from stock option exercises	765		16
Taxes paid related to net share settlement of equity awards	(422)		0
Net cash provided by financing activities	40,110		63,899
Effect of exchange rates on cash	455		(810)
Net increase in cash and cash equivalents	27,621		55,248
Cash and cash equivalents, beginning of period	53,574	[1]	29,050
Cash and cash equivalents, end of period	81,195	[1]	84,298
Supplemental cash flow information:
Interest paid	35,000		27,120
Taxes paid	382		516
Non-cash activities:
CSO fees charged-off included in Deferred revenues and Loans receivable	5,513		728
Derivative debt discount on convertible term notes	2,517		0
Impact on deferred tax assets of adoption of ASU 2016-09	3,364		0
Deferred IPO costs included in Additional paid-in capital	6,708		0
Tax benefit of equity issuance costs included in Additional paid-in capital	$ 1,873		$ 0
[1]	These balances include certain assets and liabilities of a variable interest entity (“VIE”) that can only be used to settle the liabilities of that VIE. All assets of the Company are pledged as security for the Company’s outstanding debt, including debt held by the VIE. For further information regarding the assets and liabilities included in our consolidated accounts, see Note 4—Variable Interest Entity.

Basis of Presentation and Accou

Basis of Presentation and Accounting Changes	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Accounting Changes	BASIS OF PRESENTATION AND ACCOUNTING CHANGES Business Operations Elevate Credit, Inc. (the “Company”) is a Delaware corporation. The Company provides technology-driven, progressive online credit solutions to non-prime consumers. The Company uses advanced technology and proprietary risk analytics to provide more convenient and more responsible financial options to its customers, who are not well-served by either banks or legacy non-prime lenders. The Company currently offers unsecured online installment loans and lines of credit in the United States (the “US”) and the United Kingdom (the “UK”). The Company’s products, Rise, Elastic and Sunny, reflect its mission of “Good Today, Better Tomorrow” and provide customers with access to competitively priced credit and services while helping them build a brighter financial future with credit building and financial wellness features. In the UK, the Company directly offers unsecured installment loans via the internet through its wholly owned subsidiary, Elevate Credit International (UK), Limited, (“ECI”) under the brand name of Sunny. Basis of Presentation The accompanying unaudited condensed consolidated financial statements as of June 30, 2017 and for the three and six month periods ended June 30, 2017 and 2016 include the accounts of the Company, its wholly owned subsidiaries and a variable interest entity ("VIE") where the Company is the primary beneficiary. All significant intercompany transactions and accounts have been eliminated. The unaudited condensed consolidated financial information included in this report has been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and Article 10 of Regulation S-X and conform, as applicable, to general practices within the finance company industry. The principles for interim financial information do not require the inclusion of all the information and footnotes required by GAAP for complete financial statements. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements for the year ended December 31, 2016 included in the Company’s registration statement on Form S-1 (File No. 333-207888), as amended (the "Registration Statement"), filed with the U.S. Securities and Exchange Commission ("SEC") on April 6, 2017. In the opinion of the Company’s management, the unaudited condensed consolidated financial statements include all adjustments, all of which are of a normal recurring nature, necessary for a fair presentation of the results for the interim periods. The results of operations for the three and six months ended June 30, 2017 are not necessarily indicative of the results to be expected for the full year. Initial Public Offering and Stock-Based Compensation On April 11, 2017, the Company completed its initial public offering (“IPO”) in which it issued and sold 12,400,000 shares of common stock at a price of $6.50 per share to the public. In connection with the closing, the underwriters exercised their option to purchase in full for an additional 1,860,000 shares. On April 6, 2017 , the Company's stock began trading on the New York Stock Exchange ("NYSE") under the symbol “ELVT.” The aggregate net proceeds received by the Company from the IPO, net of underwriting discounts and commissions and estimated offering expenses, were approximately $80.2 million . Immediately prior to the closing of the IPO, all then outstanding shares of the Company's convertible preferred stock, were converted into 5,639,410 shares of common stock (or 14,098,519 shares of common stock after the 2.5 to 1 stock split described below). The related carrying value of shares of preferred stock, in the aggregate amount of approximately $6 thousand , was reclassified as common stock. Additionally, the Company amended and restated its certificate of incorporation, effective April 11, 2017 to, among other things, change the authorized number of shares of common stock to 300,000,000 and the authorized number of shares of preferred stock to 24,500,000 , each with a par value of $0.0004 per share. Stock options granted to certain employees vest upon the satisfaction of the earlier of either a service condition or a liquidity condition. The service condition for these awards is generally satisfied over four years . The liquidity condition is satisfied upon the occurrence of a qualifying event, defined as the completion of the IPO, which occurred on April 11, 2017. The satisfaction of this vesting condition accelerated the expense attribution period for those stock options, and the Company recognized a cumulative share-based compensation expense for the portion of those stock options that met the liquidity condition of $0.8 million . Stock Split On December 11, 2015, the Board of Directors approved the ratio to effect a 2.5 -for-1 forward stock split of the Company's common stock. The stock split became effective in connection with the completion of the Company’s IPO. The Company's IPO and resulting stock split had the following effect on the Company's equity as of June 30, 2017 : • Convertible Preferred Stock: In April 2017 as a result of the IPO, all then outstanding shares of the Company's convertible preferred stock ( 5,639,410 ) were converted on a one-to-one basis without additional consideration into an aggregate of 5,639,410 shares of common stock and, thereafter, into 14,098,519 shares of common stock after the application of the 2.5 -for-1 forward stock split. • Common Stock: The IPO and resulting stock split caused an adjustment to the par value for the common stock, from $0.001 per share to $0.0004 per share, and caused a two-and-a-half times increase in the number of authorized and outstanding shares of common stock. The number of shares of common stock and per share common stock data in the accompanying unaudited condensed consolidated financial statements and related notes have been retroactively adjusted to reflect a 2.5 -for-1 forward stock split for all periods presented. • Stock-Based Compensation: The IPO and resulting stock split decreased the exercise price for stock options by two-and-a-half times per share, and reflected a two-and-a-half times increase in the number of stock options and restricted stock units ("RSUs") outstanding. The number of stock options and RSUs and per share common stock data in the accompanying unaudited condensed consolidated financial statements and related notes have been adjusted to reflect a 2.5 -for-1 forward stock split for all periods presented. Use of Estimates The preparation of the unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Significant items subject to such estimates and assumptions include the valuation of the allowance for loan losses, goodwill, long-lived and intangible assets, deferred revenues, contingencies, the fair value of derivatives, the income tax provision, valuation of stock-based compensation and the valuation allowance against deferred tax assets. The Company bases its estimates on historical experience, current data and assumptions that are believed to be reasonable. Actual results in future periods could differ from those estimates. Equity Issuance Costs Costs incurred related to the Company's IPO were deferred and included in Prepaid expenses and other assets in the unaudited condensed consolidated financial statements, and were charged against the gross proceeds of the IPO (i.e., charged against additional paid-in capital in the accompanying unaudited condensed consolidated financial statements) as of the closing of the IPO on April 11, 2017 . The balance of these equity issuance costs that were recorded against Additional paid-in capital in the unaudited Condensed Consolidated Balance Sheet at June 30, 2017 was approximately $6.7 million . Recently Adopted Accounting Standards In March 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09"). ASU 2016-09 is intended to simplify the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The Company adopted all amendments of ASU 2016-09 on a prospective basis, except as noted below, as of January 1, 2017 which had the following effects on the Company's financial condition, results of operations and cash flows: • Recognized a cumulative effect adjustment to accumulated deficit of approximately $3.4 million for the deferred tax asset attributable to excess tax benefits on stock compensation. • Recognized excess tax benefits of $690 thousand in earnings for the six months ended June 30, 2017 . The Company discontinued recording excess tax benefits within additional paid-in capital. • Modified its computation of potentially dilutive shares for earnings per share using the treasury stock method by excluding excess tax benefits (deficiencies) as a component of assumed proceeds; as excess tax benefits are no longer recognized within additional paid-in capital. • Included excess tax benefits for stock-based compensation in cash flows from operating activities rather than cash flows from financing activities in the Condensed Consolidated Statements of Cash Flows. • Prior periods have not been adjusted. Accounting Standards to be Adopted in Future Periods In May 2017, the FASB issued ASU No. 2017-09, Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting ("ASU 2017-09"). The purpose of ASU 2017-09 is to provide clarity and reduce both diversity in practice and cost and complexity when applying the guidance to a change to the terms or conditions of a share-based payment award. Under this new guidance, an entity should account for the effects of a modification unless all of the following are met: (1) The fair value (or calculated value or intrinsic value, if such an alternative measurement method is used) of the modified award is the same as the fair value (or calculated value or intrinsic value, if such an alternative measurement method is used) of the original award immediately before the original award is modified. If the modification does not affect any of the inputs to the valuation technique that the entity uses to value the award, the entity is not required to estimate the value immediately before and after the modification. (2) The vesting conditions of the modified award are the same as the vesting conditions of the original award immediately before the original award is modified. (3) The classification of the modified award as an equity instrument or a liability instrument is the same as the classification of the original award immediately before the original award is modified. The guidance is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted. The Company does not currently expect that the adoption of ASU 2017-09 will have a material effect on its condensed consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment ("ASU 2017-04"). The purpose of ASU 2017-04 is to simplify the subsequent measurement of goodwill. The amendments modify the concept of impairment from the condition that exists when the carrying amount of goodwill exceeds its implied fair value to the condition that exists when the carrying amount of a reporting unit exceeds its fair value. An entity no longer will determine goodwill impairment by calculating the implied fair value of goodwill by assigning the fair value of a reporting unit to all of its assets and liabilities as if that reporting unit had been acquired in a business combination. This guidance is effective for public companies for goodwill impairment tests in fiscal years beginning after December 15, 2019. The Company is still assessing the potential impact of ASU 2017-04 on the Company's condensed consolidated financial statements. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash a consensus of the FASB Emerging Issues Task Force ("ASU 2016-18"). The purpose of ASU 2016-18 is to reduce diversity in practice related to the classification and presentation of changes in restricted cash on the statement of cash flows. Under this new guidance, the statement of cash flows during the reporting period must explain the change in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. ASU 2016-18 is effective for public entities for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years. For all other entities, ASU 2016-18 is effective for fiscal years beginning after December 15, 2018, and interim periods within fiscal years beginning after December 15, 2019. Early adoption is permitted. The Company is still assessing the potential impact of ASU 2016-18 on the Company's condensed consolidated financial statements; however, the Company's preliminary assessment of the impact of the adoption of ASU 2016-18 is that, upon adoption, the Company will include any restricted cash balances as part of cash and cash equivalents in its condensed statements of cash flows and not present the change in restricted cash balances as a separate line item under investing activities as it currently presented. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments ("ASU 2016-15") . ASU 2016-15 is intended to reduce diversity in practice for certain cash receipts and cash payments that are presented and classified in the statement of cash flows. For public entities, ASU 2016-15 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted. The Company is still assessing the potential impact of ASU 2016-15 on the Company's condensed consolidated financial statements. The Company does not currently expect that the adoption of ASU 2016-15 will have a material effect on its condensed consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ("ASU 2016-13"). ASU 2016-13 is intended to replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates to improve the quality of information available to financial statement users about expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. For public entities, ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is still assessing the potential impact of ASU 2016-13 on the Company's condensed consolidated financial statements. The Company expects to complete its analysis of the impact in 2017. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) ("ASU 2016-02"). ASU 2016-02 is intended to improve the reporting of leasing transactions to provide users of financial statements with more decision-useful information. ASU 2016-02 will require organizations that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is still assessing the potential impact of ASU 2016-02 on the Company's condensed consolidated financial statements. The Company expects to complete its analysis of the impact in 2017. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”). ASU 2014-09 is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of Effective Date ("ASU 2015-14"), which defers the effective date of this guidance by one year, to the annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. A reporting entity may choose to early adopt the guidance as of the original effective date. In April 2016, the FASB issued ASU 2016-09, Revenues from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing ("ASU 2016-10"), which clarifies the guidance related to identifying performance obligations and licensing implementation. Upon adoption of the new revenue recognition guidance, the Company anticipates using the alternative transition method that requires the application of the guidance only to contracts that are uncompleted on the date of initial application. The Company completed its initial assessment in evaluating the potential impact on its condensed consolidated financial statements and based on its initial assessment determined that its financial contracts are excluded from the scope of ASU 2014-09. As a result of the scope exception for financial contracts, the Company's management has determined that there will be no material changes to the recognition timing and classification of revenues and expenses; additionally, the Company's management does not expect the adoption of ASU 2014-09 to have a significant impact to pretax income upon adoption. The Company will continue to evaluate the impacts of ASU 2014-09 through the date of adoption to ensure that its initial assessment continues to remain accurate. Additionally, the Company is continuing its assessment of ASU 2014-09’s impact on its condensed financial statement disclosures.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE In April 2017, the Company effected a 2.5 -for-1 forward stock split of its common stock in connection with the completion of the IPO, which has been retroactively applied to previously reported share and earnings per share amounts. Basic earnings per share ("EPS") is computed by dividing net income by the weighted average number of common shares outstanding ("WASO") during each period. Also, basic EPS includes any fully vested stock and unit awards that have not yet been issued as common stock. There are no unissued fully vested stock and unit awards at June 30, 2017 and 2016 . Diluted EPS is computed by dividing net income by the WASO during each period plus any unvested stock option awards granted and vested unexercised stock options using the treasury stock method but only to the extent that these instruments dilute earnings per share. The computation of earnings (loss) per share was as follows for three and six months ended June 30, 2017 and 2016 : Three Months Ended Six Months Ended (Dollars in thousands except share and per share amounts) 2017 2016 2017 2016 Numerator (basic): Net income (loss) $ 3,020 $ (7,496 ) $ 4,688 $ (1,704 ) Numerator (diluted): Net income (loss) $ 3,020 $ (7,496 ) $ 4,688 $ (1,704 ) Tax-effected interest expense attributable to Convertible Term Notes — — — — Net income (loss) assuming dilution $ 3,020 $ (7,496 ) $ 4,688 $ (1,704 ) Denominator (basic): Basic weighted average number of shares outstanding 38,541,965 12,800,795 25,841,408 12,798,957 Denominator (diluted): Basic weighted average number of shares outstanding 38,541,965 12,800,795 25,841,408 12,798,957 Effect of potentially dilutive securities: Convertible Preferred Stock — — — — Employee stock plans (options and RSUs) 1,408,795 — 1,453,537 — Convertible Term Notes — — — — Diluted weighted average number of shares outstanding 39,950,760 12,800,795 27,294,945 12,798,957 Basic and diluted earnings (loss) per share: Basic earnings (loss) per share $ 0.08 $ (0.59 ) $ 0.18 $ (0.13 ) Diluted earnings (loss) per share $ 0.08 $ (0.59 ) $ 0.17 $ (0.13 ) For the three months ended June 30, 2017 and 2016 , the Company excluded 1.6 million and 3.9 million common shares issuable upon exercise of the Company's stock options and vesting of its RSUs, respectively, from its diluted earnings (loss) per share calculation because including these shares would be anti-dilutive. For the six months ended June 30, 2017 and 2016 , the Company excluded 1.0 million and 3.9 million common shares issuable upon exercise of the Company's stock options and vesting of its RSUs, respectively, from its diluted earnings (loss) per share calculation because including these shares would be anti-dilutive. ASC Topic 260, “Earnings Per Share” (“ASC Topic 260”) requires companies with participating securities to utilize a two-class method for the computation of net income per share attributable to the Company. The two-class method requires a portion of net income attributable to the Company to be allocated to participating securities. Net losses are not allocated to participating securities unless those securities are obligated to participate in losses. The Company did not have any participating securities for the three and six month periods ended June 30, 2017 and 2016 .

Loans Receivable and Revenue

Loans Receivable and Revenue	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Loans Receivable and Revenue	LOANS RECEIVABLE AND REVENUE Revenues generated from the Company’s consumer loans for the three and six months ended June 30, 2017 and 2016 were as follows: Three Months Ended June 30, (Dollars in thousands) 2017 2016 Finance charges $ 91,870 $ 91,374 CSO fees 12,854 16,698 Lines of credit fees 43,808 18,302 Other 1,939 406 Total revenues $ 150,471 $ 126,780 Six Months Ended June 30, (Dollars in thousands) 2017 2016 Finance charges $ 189,941 $ 187,617 CSO fees 28,864 35,169 Lines of credit fees 85,580 34,140 Other 2,453 576 Total revenues $ 306,838 $ 257,502 The Company's portfolio consists of both installment loans and lines of credit, which are considered the portfolio segments at June 30, 2017 and December 31, 2016 . The following reflects the credit quality of the Company’s loans receivable as of June 30, 2017 and December 31, 2016 as delinquency status has been identified as the primary credit quality indicator. Loans are determined to be past due when they are one day past due without a payment. All impaired loans as of June 30, 2017 and December 31, 2016 have been charged off. June 30, 2017 (Dollars in thousands) Installment Line of Credit Total Current loans $ 224,624 $ 185,701 $ 410,325 Past due loans 42,917 16,414 59,331 Total loans receivable 267,541 202,115 469,656 Net unamortized loan premium — 1,993 1,993 Less: Allowance for loan losses (45,344 ) (20,686 ) (66,030 ) Loans receivable, net $ 222,197 $ 183,422 $ 405,619 December 31, 2016 (Dollars in thousands) Installment Line of Credit Total Current loans 1 $ 235,794 $ 156,717 $ 392,511 Past due loans 1 57,822 17,857 75,679 Total loans receivable 293,616 174,574 468,190 Net unamortized loan premium — 1,924 1,924 Less: Allowance for loan losses (58,062 ) (19,389 ) (77,451 ) Loans receivable, net $ 235,554 $ 157,109 $ 392,663 1. A reclassification of approximately $1.0 million from Current loans to Past due loans within Installment was made in order to conform to the current period presentation. This reclassification had no effect on previously reported total loans receivable balances in the consolidated balance sheet at December 31, 2016. Total loans receivable includes approximately $21.9 million and $25.6 million of interest receivable at June 30, 2017 and December 31, 2016 , respectively. The carrying value for Loans receivable, net of the allowance for loan losses approximates the fair value due to the short-term nature of the loans receivable. The changes in the allowance for loan losses for the three and six months ended June 30, 2017 and 2016 are as follows: Three Months Ended June 30, 2017 (Dollars in thousands) Installment Line of Credit Total Balance beginning of period $ 53,276 $ 20,087 $ 73,363 Provision for loan losses 49,134 23,163 72,297 Charge-offs (59,420 ) (24,301 ) (83,721 ) Recoveries of prior charge-offs 5,752 1,737 7,489 Effect of changes in foreign currency rates 412 — 412 Total 49,154 20,686 69,840 Accrual for CSO lender owned loans (3,810 ) — (3,810 ) Balance end of period $ 45,344 $ 20,686 $ 66,030 Three Months Ended June 30, 2016 (Dollars in thousands) Installment Line of Credit Total Balance beginning of period $ 46,531 $ 9,061 $ 55,592 Provision for loan losses 56,543 10,591 67,134 Charge-offs (55,931 ) (9,681 ) (65,612 ) Recoveries of prior charge-offs 3,872 1,587 5,459 Effect of changes in foreign currency rates (576 ) — (576 ) Total 50,439 11,558 61,997 Accrual for CSO lender owned loans (7,124 ) — (7,124 ) Balance end of period $ 43,315 $ 11,558 $ 54,873 Six Months Ended June 30, 2017 (Dollars in thousands) Installment Line of Credit Total Balance beginning of period $ 62,987 $ 19,389 $ 82,376 Provision for loan losses 109,854 45,236 155,090 Charge-offs (135,682 ) (47,295 ) (182,977 ) Recoveries of prior charge-offs 11,461 3,356 14,817 Effect of changes in foreign currency rates 534 — 534 Total 49,154 20,686 69,840 Accrual for CSO lender owned loans (3,810 ) — (3,810 ) Balance end of period $ 45,344 $ 20,686 $ 66,030 Six Months Ended June 30, 2016 (Dollars in thousands) Installment Line of Credit Total Balance beginning of period $ 55,768 $ 10,016 $ 65,784 Provision for loan losses 108,487 17,736 126,223 Charge-offs (122,512 ) (17,781 ) (140,293 ) Recoveries of prior charge-offs 9,543 1,587 11,130 Effect of changes in foreign currency rates (847 ) — (847 ) Total 50,439 11,558 61,997 Accrual for CSO lender owned loans (7,124 ) — (7,124 ) Balance end of period $ 43,315 $ 11,558 $ 54,873 As of June 30, 2017 and December 31, 2016 , respectively, estimated losses of approximately $3.8 million and $4.9 million for the CSO owned loans receivable guaranteed by the Company of approximately $33.6 million and $40.5 million , respectively, are initially recorded at fair value and are included in Accounts payable and accrued liabilities in the Condensed Consolidated Balance Sheets.

Variable Interest Entity

Variable Interest Entity	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entity	VARIABLE INTEREST ENTITY The Company is involved with three entities that are deemed to be a VIE Elastic SPV, Ltd. and two CSO lenders. Under ASC 810-10-15, Variable Interest Entities , a VIE is an entity that: (1) has an insufficient amount of equity investment at risk to permit the entity to finance its activities without additional subordinated financial support by other parties; (2) the equity investors are unable to make significant decisions about the entity’s activities through voting rights or similar rights; or (3) the equity investors do not have the obligation to absorb expected losses or the right to receive residual returns of the entity. The Company is required to consolidate a VIE if it is determined to be the primary beneficiary, that is, the enterprise has both (1) the power to direct the activities of a VIE that most significantly impact the entity’s economic performance and (2) the obligation to absorb losses of the entity that could potentially be significant to the VIE. The Company evaluates its relationships with VIEs to determine whether it is the primary beneficiary of a VIE at the time it becomes involved with the entity and it re-evaluates that conclusion each reporting period. Elastic SPV, Ltd. On July 1, 2015, the Company entered into several agreements with a third-party lender and Elastic SPV, Ltd. (“ESPV”), an entity formed by third party investors for the purpose of purchasing loan participations from the third-party lender. On that date, approximately $20.2 million of loan participations in the Elastic lines of credit outstanding held by the Company were transferred to ESPV for no gain or loss. Per the terms of the agreements, the Company provides customer acquisition services to drive the volume of loan applications submitted to the third-party lender. In addition, the Company provides loan underwriting software and services to evaluate the credit quality of those loan applications in accordance with the third-party lender’s credit policies. ESPV accounts for the loan participations acquired in accordance with ASC 860-10-40, Transfers and Services, Derecognition , as the lines of credit acquired meet the criteria of a participation interest. Once the third-party lender originates the loan, ESPV has the right, but not the obligation, to purchase a 90% interest in each Elastic line of credit. Victory Park Management, LLC (“VPC”) entered into an agreement (the "ESPV Facility") under which it loans ESPV all funds necessary up to a maximum borrowing amount to purchase such participation interests in exchange for a fixed return (see Note 5—Notes Payable—ESPV Facility). The Company entered into a separate credit default protection agreement with ESPV whereby the Company agreed to provide credit protection to the investors in ESPV against Elastic loan losses in return for a credit premium. The Company does not hold a direct ownership interest in ESPV, however, as a result of the credit default protection agreement, ESPV was determined to be a VIE and the Company qualifies as the primary beneficiary. The following table summarizes the assets and liabilities of the VIE that are included within the Company’s Condensed Consolidated Balance Sheets at June 30, 2017 and December 31, 2016 : (Dollars in thousands) June 30, December 31, ASSETS Cash and cash equivalents $ 20,909 $ 15,096 Loans receivable, net of allowance for loan losses of $20,686 and $19,389, respectively 183,422 157,109 Prepaid expenses and other assets ($0 and $52, respectively, eliminates upon consolidation) — 52 Receivable from payment processors 8,307 7,351 Total assets $ 212,638 $ 179,608 LIABILITIES AND MEMBERS’ EQUITY Accounts payable and accrued liabilities ($5,179 and $4,856, respectively, eliminates upon consolidation) 1 $ 16,307 $ 12,580 Reserve deposit liability ($25,650 and $21,825, respectively, eliminates upon consolidation) 25,650 21,825 Notes payable, net 170,681 145,203 Members' equity — — Total liabilities and members’ equity $ 212,638 $ 179,608 1. As previously discussed in the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2017, in the course of preparing its condensed consolidated financial statements as of and for the three months ended March 31, 2017, the Company identified a disclosure error related to the amount of accounts payable and accrued liabilities that was eliminated upon consolidation at December 31, 2016 associated with credit default premiums. The actual amount eliminated at December 31, 2016 was $4.9 million as opposed to $1.1 million that was previously disclosed in the consolidated financial statements of the Company included in the Registration Statement. The Company has determined that the error was not material to its consolidated financial statements and the correction of this error resulted in a revision to the amount disclosed only and had no impact on accounts payable and accrued liabilities in the Company's Consolidated Balance Sheet at December 31, 2016. CSO Lenders The two CSO lenders are considered VIE's of the Company; however, the Company does not have any ownership interest in the CSO lenders, does not exercise control over them, and is not the primary beneficiary, and therefore, does not consolidate the CSO lenders’ results with its results.

Notes Payable

Notes Payable	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Notes Payable	NOTES PAYABLE The Company has two debt facilities with VPC. The Rise SPV, LLC ("RSPV," a subsidiary of the Company) credit facility (the "VPC Facility") and the ESPV Facility. VPC Facility On January 30, 2014, RSPV entered into an agreement with VPC providing a credit facility with a maximum borrowing amount of $250 million . On May 20, 2015, the VPC Facility was amended, providing a credit facility with a maximum total borrowing amount of $335 million to RSPV, ECI and Elevate Credit Service, LLC ("ELCS"), all subsidiaries of the Company. On February 11, 2016, the VPC Facility was amended, providing a credit facility with a maximum total borrowing amount of $345 million to RSPV, ECI and ELCS. On June 30, 2016, the VPC Facility was amended, providing a credit facility with a maximum total borrowing amount of $395 million to RSPV, ECI and ELCS. On January 5, 2017, the VPC Facility was amended to extend the required draw-down date of the $15 million remaining undrawn principal on the Convertible Term Notes from December 31, 2016 to January 5, 2017. On February 1, 2017, the VPC Facility was amended to increase the maximum borrowing on the US Term Note from $250 million to $350 million , lower the interest rate on the US Term Note to a base rate (defined as the 3-month LIBOR, with a 1% floor) plus 11% , extend the maturity date for the US Term Note to February 1, 2021, excluding $75 million currently outstanding under the note which is subject to an August 13, 2018 maturity date, and permanently reduce the book value of equity covenant from $10 million to $5 million . This facility provides the following term notes at June 30, 2017 : • A maximum borrowing amount of $350 million at a base rate (defined as the 3-month LIBOR, with a 1% floor) plus 11% used to fund the Rise loan portfolio (“US Term Note”). The blended interest rate on the outstanding balance at June 30, 2017 and December 31, 2016 was 12.30% and 14.94% , respectively. • A maximum borrowing amount of $25 million and $50 million at a base rate (defined as the 3-month LIBOR rate) plus 16% used to fund the UK Sunny loan portfolio (“UK Term Note”) as of June 30, 2017 and December 31, 2016 . The blended interest rate at June 30, 2017 and December 31, 2016 was 17.30% and 16.93% , respectively. • A maximum borrowing amount of $0 million and $45 million at a base rate (defined as the 3-month LIBOR rate) plus 18% used to fund working capital (“ELCS Sub-debt Term Note”) as of June 30, 2017 and December 31, 2016 , respectively. In April 2017, the Company paid down the entire $45 million using proceeds from the IPO. The blended interest rate at December 31, 2016 was 18.93% . The outstanding balance of this note was $0 million as of June 30, 2017 . • A maximum borrowing amount of $25 million bearing interest at the greater of 18% or a base rate (defined as the 3-month LIBOR, with a 1% floor) plus 17% (“4th Tranche Term Note”). The blended interest rate at June 30, 2017 and December 31, 2016 was 18.30% and 18.00% , respectively. • A maximum borrowing amount of $10 million and $25 million as of June 30, 2017 and December 31, 2016 , respectively, bearing interest at the greater of 10% or a base rate (defined as the 3-month LIBOR, with a 1% floor) plus 9% (“Convertible Term Notes”). The blended interest rate at June 30, 2017 and December 31, 2016 was 10.30% and 10.00% , respectively. The US Term Note has a maturity date of February 1, 2021, excluding $75 million currently outstanding under the US Term Note which has an August 13, 2018 maturity date. The Company expects the $75 million will not be repaid in 2018 but will instead be extended to a February 1, 2021 maturity date as well. All other notes have a maturity date of January 30, 2018. There are no principal payments due or scheduled until the respective maturity dates. All assets of the Company are pledged as collateral to secure the VPC Facility. The VPC Facility contains certain financial covenants that require, among other things, maintenance of minimum amounts and ratios of working capital; minimum amounts of tangible net worth; maximum ratio of indebtedness; and maximum ratios of charge-offs. The Company was in compliance with all covenants related to the VPC Facility as of June 30, 2017 and December 31, 2016 . The Convertible Term Notes were convertible, at the lender's option, into common stock upon the completion of specific defined liquidity events, including certain equity financings, certain mergers and acquisitions or the sale of substantially all of the Company's assets, or during the period from the receipt of notice of the anticipated commencement of a roadshow in connection with the Company's IPO until immediately prior to the effectiveness of the Registration Statement in connection with such IPO. The Convertible Term Notes were convertible into common stock at the market value (or a set discount to market value) of the shares on the date of conversion and since the Convertible Term Notes included a conversion option that continuously reset as the underlying stock price increased or decreased and provided a fixed value of common stock to the lender, it was considered share-settled debt. The Company did not elect and was not required to measure the Convertible Term Notes at fair value; as such, the Company measured the Convertible Term Notes at the accreted value, determined using the effective interest method. Share-settled debt may settle by providing the holder with a variable number of shares with an aggregate fair value equaling the debt principal outstanding. Share-settled debt may use a discount to the fair value of the share price to determine the number of shares to be delivered, resulting in settlement at a premium, and is analyzed to determine whether the share settled debt contains a beneficial conversion feature or contingent beneficial conversion feature. Share-settled debt may be measured at fair value or at its accreted value depending on the specific terms of the settlement provisions of the debt instrument. The Company evaluates the embedded features within debt instruments to determine if embedded features are required to be bifurcated and recognized as a derivative instrument. If more than one feature is required to be bifurcated, the features are accounted for as a single compound derivative. The fair value of a single compound derivative is recognized as a derivative liability and a debt discount. The derivative liability is measured at fair value on a recurring basis with changes reported in other income (expense). The debt discount is amortized to non-cash interest expense using the effective interest method over the life of the associated debt. In connection with the conversion (i.e.: settlement) of share-settled debt into common stock, the Company will recognize a gain or loss for the change in fair value of the associated derivative liabilities on conversion and a loss on extinguishment of debt from the acceleration of the unamortized balance of the debt discount and issuance costs. See Note 8—Fair Value Measurements for additional information. The Company took an initial draw on the Convertible Term Notes of $10 million in October 2016 and a subsequent draw of $15 million in January 2017. A debt discount and derivative liability of $4.2 million was recognized upon the respective draws on the Convertible Term Notes. The weighted average effective interest rate associated with the debt discount was approximately 27% . The Convertible Term Notes contained embedded features that were required to be assessed as derivatives. The Company determined that two of the features it assessed were required to be bifurcated and accounted for under derivative accounting as follows: (i) An embedded redemption feature upon conversion into common shares of the Company's stock ("Share-Settlement Feature") that includes a provision for the adjustment to the conversion price to a price less than the transaction-date fair value price per share if the Company is a party to certain qualifying liquidity or equity financing transactions. The incremental undiscounted present value of the embedded redemption feature is $6.25 million . (ii) An embedded redemption feature that requires the Company to pay an amount up to $5 million ("Redemption Premium Feature") upon a cash redemption at maturity or upon a redemption caused by certain events of default. These two embedded features have been accounted for together as a single compound derivative. The Company estimated the fair value of the compound derivative using a probability-weighted valuation scenario model. The assumptions included in the calculations are highly subjective and subject to interpretation. The fair value of the single compound derivative was recognized as principal draw-downs were made and in proportion to the amount of principal draw-downs to the maximum borrowing amount. The initial fair value of the single compound derivative is recognized and presented as a debt discount and a derivative liability. The debt discount is amortized using the effective interest method from the principal draw-down date(s) through the maturity date. The derivative liability is accounted for in the same manner as a freestanding derivative pursuant to Accounting Standards Codification 815—Derivatives and Hedging ("ASC 815"), with subsequent changes in fair value recorded in earnings each period. During the period from the receipt of notice from the Company to VPC of the anticipated commencement of the roadshow in connection with its IPO until immediately prior to the effectiveness of the Registration Statement, VPC had the option to convert the Convertible Term Notes, in whole or in part, into that number of shares of the Company's common stock determined by the outstanding principal balance of and accrued, but unpaid, interest on the Convertible Term Notes divided by the product of (a) 0.8 multiplied by (b) the IPO price per share. VPC did not elect to exercise its right to convert; however, VPC purchased 2.3 million shares in the offering at the IPO price, and the Company used the proceeds from that purchase, approximately $14.9 million , to reduce an equivalent amount of indebtedness under the Convertible Term Notes. Accordingly, the Company released $2.0 million of the debt discount associated with this repayment into Net interest expense on the Condensed Consolidated Income Statement. Additionally, upon the effectiveness of the Registration Statement, VPC's option to convert was terminated, and the Convertible Term Notes are no longer convertible in whole or in part into shares of the Company's common stock. Furthermore, VPC agreed to waive approximately $3 million of the Redemption Premium Feature associated with the $14.9 million of Convertible Term Notes the Company repaid. The remaining fair value of the derivative recognized by the Company relates to the Redemption Premium Feature. See Note 8—Fair Value Measurements for additional information. ESPV Facility On July 13, 2015, ESPV entered into an agreement with VPC, providing a credit facility with a maximum borrowing amount of $50 million (the “ESPV Facility”). On October 21, 2015, the ESPV Facility was amended, providing a credit facility with a maximum borrowing amount of $100 million . On July 14, 2016, the ESPV Facility was further amended, increasing the credit facility to a maximum borrowing amount of $150 million . Interest is charged at a base rate (defined as the greater of the 3-month LIBOR rate or 1% per annum) plus 13% for the outstanding balance up to $50 million , plus 12% for the outstanding balance greater than $50 million and plus 13.5% for any amounts in excess of $100 million . On April 27, 2017, the ESPV Facility was further amended to increase the borrowing base to $250 million , decrease each of the interest rates by 1.0% effective July 1, 2019, and add a base rate (defined as the greater of the 3-month LIBOR or 1% per annum) plus 12.75% for borrowing amounts greater than $150 million , which will decrease to the base rate plus 11.75% effective July 1, 2019. The amendment also extended the maturity date for a portion of the ESPV Facility to July 1, 2021, excluding $49 million currently outstanding under the ESPV Facility which has an August 13, 2018 maturity date. The Company expects this amount will not be repaid on its original maturity date but will instead be extended to a July 1, 2021 maturity date as well. The ESPV Facility is used to purchase loan participations from the third party bank partner. The blended interest rate at June 30, 2017 and December 31, 2016 was 14.12% and 13.81% , respectively. There are no principal payments due or scheduled until the respective maturity dates. All assets of the Company and ESPV are pledged as collateral to secure the ESPV Facility. The ESPV Facility contains financial covenants, including a borrowing base calculation and certain financial ratios. ESPV was in compliance with all covenants related to the ESPV Facility as of June 30, 2017 and December 31, 2016 . VPC and ESPV Facilities: The outstanding balance of Notes payable, net of debt issuance costs, are as follows: (Dollars in thousands) June 30, December 31, US Term Note bearing interest at 3-month LIBOR +11% (2017) + 13-15% (2016) $ 222,000 $ 222,000 UK Term Note bearing interest at 3-month LIBOR + 16% 22,800 47,800 ELCS Sub-debt Term Note bearing interest at 3-month LIBOR + 18% — 45,000 4th Tranche Term Note bearing interest at 3-month LIBOR + 17% 25,000 25,000 Convertible Term Notes bearing interest at 3-month LIBOR + 9% 10,050 10,000 ESPV Term Note bearing interest at 3-month LIBOR + 12-13.5% 171,000 145,500 Debt discount and issuance costs (1,915 ) (1,822 ) Total $ 448,935 $ 493,478 The Company has evaluated the interest rates for its debt and believes they represent market rates based on the Company’s size, industry, operations and recent amendments. As a result, the carrying value for the debt approximates the fair value. Future debt maturities as of June 30, 2017 are as follows: Year (dollars in thousands) June 30, 2017 Remainder of 2017 $ — 2018 181,850 2019 — 2020 — 2021 269,000 Total $ 450,850

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	GOODWILL AND INTANGIBLE ASSETS The carrying value of goodwill at June 30, 2017 and December 31, 2016 was approximately $16 million . There were no changes to goodwill during the six months ended June 30, 2017 . Goodwill represents the excess purchase price over the estimated fair market value of the net assets acquired by the predecessor parent company, Think Finance, Inc. ("Think Finance") related to the Elastic and UK reporting units. Of the total goodwill balance, approximately $0.6 million is deductible for tax purposes. The carrying value of acquired intangible assets as of June 30, 2017 , is presented in the table below: (Dollars in thousands) Cost Accumulated Amortization Net Assets subject to amortization: Acquired technology $ 946 $ (946 ) $ — Non-compete 3,404 (1,871 ) 1,533 Customers 126 (126 ) — Assets not subject to amortization: Domain names 680 — 680 Total $ 5,156 $ (2,943 ) $ 2,213 The carrying value of acquired intangible assets as of December 31, 2016 , is presented in the table below: (Dollars in thousands) Cost Accumulated Amortization Net Assets subject to amortization: Acquired technology $ 946 $ (946 ) $ — Non-compete 3,404 (1,780 ) 1,624 Customers 126 (126 ) — Assets not subject to amortization: Domain names 680 — 680 Total $ 5,156 $ (2,852 ) $ 2,304 Total amortization expense recognized for the three and six months ended June 30, 2017 and 2016 was approximately $46 thousand and $91 thousand for both periods, respectively. The weighted average remaining amortization period for the intangible assets was 8.5 years at June 30, 2017 . Estimated amortization expense relating to intangible assets subject to amortization for each of the five succeeding fiscal years is as follows: Year (Dollars in thousands) Amount 2018 $ 180 2019 180 2020 180 2021 180 2022 180

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	STOCK-BASED COMPENSATION In April 2017, the Company effected a 2.5 -for-1 forward stock split of its common stock in connection with the completion of the IPO. Reported share amounts have been retroactively restated for the forward stock split. Stock-based compensation expense recognized for the three months ended June 30, 2017 and 2016 totaled approximately $2.1 million and $0.2 million , respectively. Stock-based compensation expense recognized for the six months ended June 30, 2017 and 2016 totaled approximately $2.8 million and $0.4 million , respectively. 2016 Omnibus Incentive Plan The 2016 Omnibus Incentive Plan (“2016 Plan”) was adopted by the Company’s Board of Directors on January 5, 2016 and approved by the Company’s stockholders thereafter. The 2016 Plan became effective on June 23, 2016. The 2016 Plan provides for the grant of incentive stock options to the Company’s employees, and for the grant of non-qualified stock options, stock appreciation rights, restricted stock, restricted stock units, dividend equivalent rights, cash-based awards (including annual cash incentives and long-term cash incentives), and any combination thereof to the Company’s employees, directors and consultants. In connection with the 2016 Plan, the Company has reserved for issuance under the 2016 Plan 6,312,184 shares of common stock, which includes shares that would otherwise return to the 2014 Equity Incentive Plan (the "2014 Plan") as a result of forfeiture, termination, or expiration of awards previously granted under the 2014 Plan and outstanding when the 2016 Plan became effective. The 2016 Plan will automatically terminate 10 years following the date it becomes effective, unless the Company terminates it sooner. In addition, the Company’s Board of Directors has the authority to amend, suspend or terminate the 2016 Plan provided such action does not impair the rights under any outstanding award. As of June 30, 2017, the total number of shares available for future grants under the 2016 Plan was 369,427 shares. 2014 Equity Incentive Plan The Company adopted the 2014 Plan on May 1, 2014. The 2014 Plan permitted the grant of incentive stock options, nonstatutory stock options, and restricted stock. On April 27, 2017 the Company's Board of Directors terminated the 2014 Plan as to future awards and confirmed that underlying shares corresponding to awards under the 2014 Plan that were outstanding at the time the 2016 Plan became effective, that are forfeited, terminated or expire, will become available for issuance under the 2016 Plan. In conjunction with the 2016 and 2014 Plans, as of June 30, 2017 , the Company had granted stock options and RSUs which are described in more detail below. Stock Options Stock options are awarded to encourage ownership of the Company's common stock by key employees and to provide increased incentive for key employees to render services and to exert maximum effort for the success of the Company. Certain of the Company's stock options permit net-share settlement upon exercise. The option exercise price, vesting schedule and exercise period are determined for each grant by the Compensation Committee. The Company's stock options generally have a 10 -year contractual term and vest over a 4 -year period from the grant date. During the six months ended June 30, 2017 , the Company granted 111,177 incentive stock options with a weighted average exercise price of $8.08 per share and a weighted average fair value of $2.88 per share. These options have a contractual term of 10 years and vest 25% on the first anniversary of the effective date and 2.083% each month thereafter until full vesting on the fourth anniversary of the effective date, with vesting accelerated upon the completion of the IPO for certain grants (see Note 1 Basis of Presentation and Accounting Changes Initial Public Offering and Stock-Based Compensation). A summary of stock option activity as of and for the six months ended June 30, 2017 is presented below: Stock Options Shares Weighted Average Weighted Average Remaining Contractual Life (in years) Outstanding at December 31, 2016 3,501,412 $ 4.18 Granted 111,177 8.08 Exercised (1) (419,915 ) 2.14 Forfeited (67,002 ) 5.89 Outstanding at June 30, 2017 3,125,672 4.57 5.92 Options exercisable at June 30, 2017 2,742,174 $ 4.21 5.60 (1) During the six months ended June 30, 2017 , certain exercised options were net share-settled to cover the required exercise price and withholding tax and the remaining amounts were converted into an equivalent number of shares of the Company's common stock. The Company withheld 111,177 shares which had a value equivalent to the aggregate exercise price of approximately $476 thousand plus the employees' minimum statutory obligation of approximately $422 thousand for the applicable income and other employment taxes, and remitted the cash to the appropriate taxing authorities. The total shares withheld was based on the fair market value of our common stock on their exercise date as determined by the Company. These net-share settlements had the effect of share repurchases by the Company as they reduced the number of shares that would have otherwise have been issued. At June 30, 2017 , there was approximately $0.8 million of unrecognized compensation cost related to non-vested stock options which is expected to be recognized over a weighted average period of 2.1 years. The total intrinsic value of options exercised for the six months ended June 30, 2017 was $2.5 million . Restricted Stock Units RSUs are awarded to serve as a key retention tool for the Company to retain its executives and key employees. RSUs will transfer value to the holder even if the Company’s stock price falls below the price on the date of grant, provided that the recipient provides the requisite service during the period required for the award to “vest.” The weighted-average grant-date fair value for RSUs granted during the six months ended June 30, 2017 was $7.49 . These RSUs have a contractual term of 10 years and vest 25% on the first anniversary of the effective date, and 25% each year thereafter, until full vesting on the fourth anniversary of the effective date. A summary of RSU activity as of and for the six months ended June 30, 2017 is presented below: RSUs Shares Weighted Average Nonvested at December 31, 2016 425,260 $ 8.12 Granted 2,404,709 7.49 Vested — — Forfeited (12,884 ) 7.76 Nonvested at June 30, 2017 2,817,085 $ 7.58 At June 30, 2017 , there was approximately $14.0 million of unrecognized compensation cost related to non-vested RSUs which is expected to be recognized over a weighted average period of 3.5 years. No RSUs vested during the six months ended June 30, 2017 , and, as such, the total vest-date fair value of RSUs vested for the six months ended June 30, 2017 was $0 .

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS The accounting guidance on fair value measurements establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The Company groups its assets and liabilities measured at fair value in three levels of the fair value hierarchy, based on the fair value measurement technique, as described below: Level 1—Valuation is based upon quoted prices (unadjusted) for identical assets and liabilities in active exchange markets that the Company has the ability to access at the measurement date. Level 2—Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques with significant assumptions and inputs that are observable in the market or can be derived principally from or corroborated by observable market data. Level 3—Valuation is derived from model-based techniques that use inputs and significant assumptions that are supported by little or no observable market data. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include the use of pricing models, discounted cash flow models and similar techniques. The Company monitors the market conditions and evaluates the fair value hierarchy levels at least quarterly. For any transfers in and out of the levels of the fair value hierarchy, the Company discloses the fair value measurement at the beginning of the reporting period during which the transfer occurred. For the six month periods ended June 30, 2017 and 2016 , there were no significant transfers between levels. The level of fair value hierarchy within which a fair value measurement in its entirety falls is based on the lowest-level input that is most significant to the fair value measurement in its entirety. In the determination of the classification of assets and liabilities in Level 2 or Level 3 of the fair value hierarchy, the Company considers all available information, including observable market data, indications of market conditions, and its understanding of the valuation techniques and significant inputs used. Based upon the specific facts and circumstances, judgments are made regarding the significance of the Level 3 inputs to the fair value measurements of the respective assets and liabilities in their entirety. If the valuation techniques that are most significant to the fair value measurements are principally derived from assumptions and inputs that are corroborated by little or no observable market data, the asset or liability is classified as Level 3. Financial Assets and Liabilities Not Measured at Fair Value The Company has evaluated Loans receivable, net of allowance for loan losses, Receivable from CSO lenders, Receivable from payment processors and Accounts payable and accrued expenses, and believes the carrying value approximates the fair value due to the short-term nature of these balances. The Company has also evaluated the interest rates for Notes payable and believes they represent market rates based on the Company’s size, industry, operations and recent amendments. As a result, the carrying value for Notes payable approximates the fair value. The Company classifies its fair value measurement techniques for the fair value disclosures associated with Loans receivable, net of allowance for loan losses, Receivable from CSO lenders, Receivable from payment processors, Accounts payable and accrued liabilities and Notes payable, net as Level 3 in accordance with ASC 820-10, Fair Value Measurements and Disclosures (“ASC 820-10”). Fair Value Measurements on a Recurring Basis Upon the initial $10 million draw on the Convertible Term Notes in October 2016, a derivative liability of approximately $1.7 million was recorded at fair value and was included as debt discount in Notes Payable and as a Derivative Liability on the Condensed Consolidated Balance Sheets at December 31, 2016. Upon the $15 million draw on the Convertible Term Notes in January 2017, an additional derivative liability of approximately $2.5 million was recorded at fair value and was included as a debt discount in Notes Payable and as a Derivative Liability. This liability is considered to be Level 3 in accordance with ASC 820-10 and is measured at fair value on a recurring basis. See Note 5 - Notes Payable for additional information. During the period from the receipt of notice from the Company to VPC of the anticipated commencement of the roadshow in connection with its IPO until immediately prior to the effectiveness of the Registration Statement, VPC had the option to convert the Convertible Term Notes, in whole or in part, into a number of shares of the Company's common stock determined by the outstanding principal balance of, and accrued, but unpaid interest on, the Convertible Term Notes divided by the product of (a) 0.8 multiplied by (b) the IPO price per share. VPC did not elect to exercise its right to convert, and an unpaid balance on the Convertible Term Notes remained outstanding after the IPO. Upon the effectiveness of the Registration Statement, VPC's option to convert was terminated, and the Convertible Term Notes are no longer convertible in whole or part into shares of the Company's common stock; as a result, the share-settlement ceased to be an embedded derivative feature requiring separate recognition and disclosure. However, a pro-rata portion of the Redemption Premium Feature to be paid upon the cash redemption at maturity, or upon a redemption caused by certain events of default, remains an embedded derivative feature that the Company will be required to assess and recognize as a derivative liability. See Note 5—Notes Payable for additional information. The Company has no derivative amounts subject to enforceable master netting arrangements that are offset on the Condensed Consolidated Balance Sheets. The Derivative liability related to the Convertible Term Notes is measured at fair value on a recurring basis. The change in the Derivative liability for the three and six months ended June 30, 2017 are shown in the following table: (Dollars in thousands) Embedded Derivative Liability in Convertible Term Notes Balance, December 31, 2016 $ 1,750 Additional derivative recognized upon $15.0 million draw on the underlying Convertible Term Note 2,517 Fair value adjustment (Non-Operating expense in the Condensed Consolidated Income Statements) 133 Balance, March 31, 2017 $ 4,400 Reduction of derivative due to $14.9 million repayment of the underlying Convertible Term Note (Non-Operating expense in the Condensed Consolidated Income Statements) (2,746 ) Fair value adjustment (Non-Operating expense in the Condensed Consolidated Income Statements) 100 Balance, June 30, 2017 $ 1,754 The Convertible Term Notes and the Derivative liability were not outstanding at June 30, 2016 . The Company’s derivative liability associated with its Convertible Term Notes is measured at fair value using a probability-weighted valuation scenario model based on the likelihood of the Company successfully completing an IPO or other qualified financing. The inputs and assumptions included in the calculations are highly subjective and subject to interpretation and include inputs and assumptions including estimates of redemption and conversion behaviors. Significant unobservable estimates of redemption and conversion behaviors prior to the IPO include (i) the 75% cumulative probability for the Company’s successful achievement of an IPO or other qualified financing prior to January 31, 2018 and (ii) the 90% probability that the Convertible Term Notes will be required to be redeemed at their maturation on January 31, 2018 (i.e., the holder will opt-out of converting the Convertible Term Notes into shares of the Company's common stock). The floating rate is based on the three-month LIBOR rate. The risk-free interest rate is based on the implied yield available on US Treasury zero-coupon issues over the expected life of the Convertible Term Notes. The expected life is impacted by all of the underlying assumptions and calibration of the Company’s model. Significant increases or decreases in inputs could result in significantly lower or higher fair value measurements. The ranges of significant inputs and assumptions used in measuring the fair value of the embedded derivative liability in the Convertible Term Notes are as follows: June 30, 2017 December 31, 2016 Expected life (months) 7 6-13 Conversion discount percentage N/A 20 % Floating rate 10.30% - 10.49% 10.00% - 10.62% Risk-free rate 1.20 % 0.92 % Market yield 23.64 % 23.86 % Non-marketability discount N/A 9 % Non-marketability discount volatility N/A 53.9 %

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Income tax expense for the three and six months ended June 30, 2017 and 2016 consists of the following: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2017 2016 2017 2016 Current income tax expense: Federal $ 12 $ (7 ) $ 155 $ 122 State 181 32 416 157 Total current income tax expense 193 25 571 279 Deferred income tax expense (benefit): Federal (711 ) (5,424 ) 565 (255 ) State (98 ) (467 ) 75 (24 ) Stock options — — (690 ) — Deductible IPO costs (804 ) — (804 ) — Total deferred income tax benefit (1,613 ) (5,891 ) (854 ) (279 ) Total income tax benefit $ (1,420 ) $ (5,866 ) $ (283 ) $ — The Company's tax provision for interim periods is determined using an estimate of its annual effective tax rate, adjusted for discrete items arising in that quarter. In each quarter, the Company updates its estimate of the annual effective tax rate, and if the estimated annual effective tax rate changes, the Company would make a cumulative adjustment in that quarter. The Company’s US effective tax rates for the six months ended June 30, 2017 and 2016 , adjusted for discrete items, were 51% and 0% , respectively. For the six months ended June 30, 2017 , the Company’s US effective tax rate differed from the standard corporate federal income tax rate of 35% primarily due to its corporate state tax obligations in the states where it has lending activities and its permanent non-deductible items. The Company's US cash effective tax rate was approximately 9% . For purposes of evaluating the need for a deferred tax valuation allowance, significant weight is given to evidence that can be objectively verified. The following provides an overview of the assessment that was performed for both the domestic and foreign deferred tax assets, net. US deferred tax assets, net At June 30, 2017 and December 31, 2016 , the Company did not establish a valuation allowance for its US deferred tax assets (“DTA”) based on management’s expectation of generating sufficient taxable income in a look forward period over the next three to five years. The unutilized net operating loss ("NOL") carryforward from US operations at June 30, 2017 and December 31, 2016 was approximately $28.6 million . The NOL carryforward expires beginning in 2034. The ultimate realization of the resulting deferred tax asset is dependent upon generating sufficient taxable income prior to the expiration of this carryforward. The Company considered the following positive and negative factors when making their assessment regarding the ultimate realizability of the deferred tax assets. Significant positive factors included the following: Ø The Company had taxable income for the six months ended June 30, 2017 . For 2017, the Company is forecasting US taxable income as it continues to scale its business and generate even greater operating income. Ø The 2017 forecast used to determine the realizability of the deferred tax assets did not consider the completion of the IPO and was projecting US taxable income for 2017. Proceeds received as a result of the IPO were used to pay down debt resulting in a reduction in interest expense. This resulted in increased US taxable income in which the Company plans to utilize a majority of the NOL in 2017. Ø In 2016, the Company continued to grow its operating income (from $9 million in 2015 to $48 million in 2016). If the Company had not postponed its IPO in early January 2016 due to market conditions, the Company would have had US taxable income in 2016 and begun utilizing its NOL (in 2016 the Company also planned to use the IPO proceeds to pay down debt and reduce interest expense). Ø Management’s success in developing accurate forecasts and management’s track record of launching new and successful products at Think Finance, which generated significant taxable income, is another source of positive evidence which was evaluated. The Company believes that the unique circumstance of the 2014 spin-off from a successful company provides it with several positive objectively verifiable factors that would not normally be available to a new company with a limited operating history. Significant negative factor included: Ø The Company has cumulative losses and a lack of taxable income from the 2014 spin-off through 2016. A net taxable loss was incurred for the years ended December 31, 2016 and 2015 due to the establishment of an infrastructure for the Company separate from Think Finance while the Company was scaling the growth of the relatively new products of Rise and Elastic. Additionally, the Company originally forecasted US taxable income for the year ended December 31, 2016 based upon the completion of an IPO in early 2016. With the postponement of the IPO due to market conditions the additional interest expense incurred associated with higher debt balances was a significant contributor to the net taxable loss for the year ended December 31, 2016 as compared to the forecasted results for 2016. The Company has given due consideration to all the factors and believes the positive evidence outweighs the negative evidence and has concluded that the US deferred tax asset is expected to be realized based on management’s expectation of generating sufficient taxable income over the next three to five years. Although realization is not assured, management believes it is more likely than not that all of the recorded deferred tax assets will be realized. The amount of the deferred tax assets considered realizable, however, could be adjusted in the future if estimates of future taxable income change. UK deferred tax assets, net At June 30, 2017 and December 31, 2016 , the Company recognized a full valuation allowance for its foreign deferred tax assets due to the lack of sufficient objective evidence regarding the realization of these assets in the foreseeable future. The Company assesses the UK deferred tax assets on an annual basis, and, as a result, there have been no changes as of June 30, 2017 . Regardless of the deferred tax valuation allowance recognized at June 30, 2017 and December 31, 2016 , the Company continues to retain NOL carryforwards for foreign income tax purposes of approximately $31.5 million , available to offset future foreign taxable income. To the extent that the Company generates taxable income in the future to utilize the tax benefits of the related deferred tax assets, subject to certain potential limitations, it may be able to reduce its effective tax rate by reducing the valuation allowance. The Company’s foreign NOL carryforward of approximately $31.5 million at June 30, 2017 and December 31, 2016 can be carried forward indefinitely.

Commitments Contingencies and G

Commitments Contingencies and Guarantees	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments Contingencies and Guarantees	COMMITMENTS, CONTINGENCIES AND GUARANTEES Contingencies Currently and from time to time, the Company may become a defendant in various legal and regulatory actions. While the Company cannot determine the ultimate outcome of these actions, it believes their resolution will not have a material adverse effect on the Company's financial condition, results of operations or liquidity. The Company is cooperating with the Consumer Financial Protection Bureau (the “CFPB”) related to a civil investigative demand (“CID”) received by Think Finance requesting information about the operations of Think Finance prior to the spin-off. The CFPB has not made any specific allegation of violation(s) of law or initiated litigation in connection with the CID as of this date. Commitments The Elastic product, which offers lines of credit to consumers, had approximately $140.0 million and $110.7 million in available and unfunded credit lines at June 30, 2017 and December 31, 2016 , respectively. In May 2017, the Rise product began offering lines of credit to consumers in Kansas and had approximately $0.2 million and $0 at June 30, 2017 and December 31, 2016 , respectively, in available and unfunded credit lines. While these amounts represented the total available unused credit lines, the Company has not experienced and does not anticipate that all line of credit customers will access their entire available credit lines at any given point in time. The Company has not recorded a loan loss reserve for unfunded credit lines as the Company has the ability to cancel commitments within a relatively short timeframe. Effective June 2017, the Company entered into a 7 year lease agreement for office space in California. Upon the commencement of the lease, the Company was required to provide the lessor with an irrevocable and unconditional $500 thousand letter of credit. Provided the Company is not in default of any terms of the lease agreement, the outstanding required balance of the letter of credit will be reduced by $100 thousand per year beginning on the second anniversary of the lease commencement and ending on the fifth anniversary of the lease agreement. The minimum balance of the letter of credit will be at least $100 thousand throughout the duration of the lease. At June 30, 2017 and December 31, 2016 , the Company had $ 500 thousand and $0 , respectively, of cash balances securing the letter of credit which is included in Restricted cash within the Condensed Consolidated Balance Sheets. Guarantees In connection with its CSO programs, the Company guarantees consumer loan payment obligations to CSO lenders and is required to purchase any defaulted loans it has guaranteed. The guarantee represents an obligation to purchase specific loans that go into default.

Operating Segment Information

Operating Segment Information	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Operating Segment Information	OPERATING SEGMENT INFORMATION The Company determines operating segments based on how its chief operating decision maker manages the business, including making operating decisions, deciding how to allocate resources and evaluating operating performance. The Company's chief operating decision-maker is its Chief Executive Officer, who reviews its operating results on a consolidated basis. The Company has one reportable segment, which provides online credit products for non-prime consumers, which is composed of the Company’s operations in the United States and the United Kingdom. The Company has aggregated all components of its business into a single reportable segment based on the similarities in the products, the distribution methods, the type of customers, and the nature of the regulatory environments. The following tables summarize the allocation of net revenues and long-lived assets based on geography: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2017 2016 2017 2016 Revenues United States $ 125,566 $ 103,925 $ 257,086 $ 211,197 United Kingdom 24,905 22,855 49,752 46,305 Total $ 150,471 $ 126,780 $ 306,838 $ 257,502 June 30, December 31, Long-lived assets United States $ 25,880 $ 23,141 United Kingdom 12,119 11,349 Total $ 37,999 $ 34,490

Related Parties

Related Parties	6 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Related Parties	RELATED PARTIES The Company has entered into sublease agreements with Think Finance for office space that expire beginning in 2017 through 2019. Total rent and utility payments made to Think Finance for office space were approximately $214 thousand and $461 thousand for the three months ended June 30, 2017 and 2016 , respectively. Rent and utility payments made to Think Finance for office space were approximately $459 thousand and $930 thousand for the six months ended June 30, 2017 and 2016 , respectively. Rent and utility expense is included in Occupancy and equipment within the Condensed Consolidated Statements of Operations. Total payments for equipment were approximately $0 and $112 thousand for the three months ended June 30, 2017 and 2016 , respectively. Payments for equipment were approximately $42 thousand and $174 thousand for the six months ended June 30, 2017 and 2016 , respectively. Equipment payments were included as a reduction of the capital lease liability included in Accounts payable and accrued liabilities within the Condensed Consolidated Balance Sheets and as interest expense included in Net interest expense within the Condensed Consolidated Statements of Operations. At June 30, 2017 and December 31, 2016 , the Company had approximately $70 thousand and $21 thousand , respectively, due to Think Finance related to reimbursable costs, which is included in Accounts payable and accrued liabilities within the Condensed Consolidated Balance Sheets. Expenses related to board of director fees, travel reimbursements, stock compensation, and a consulting arrangement with a related party for the three and six months ended June 30, 2017 and 2016 are included in Professional services within the Condensed Consolidated Statement of Operations and were as follows: Three Months Ended June 30, (Dollars in thousands) 2017 2016 Fees and travel expenses $ 120 $ 56 Stock compensation 235 12 Consulting 75 75 Total board related expenses $ 430 $ 143 Six Months Ended June 30, (Dollars in thousands) 2017 2016 Fees and travel expenses $ 246 $ 150 Stock compensation 328 21 Consulting 150 153 Total board related expenses $ 724 $ 324 In addition to amounts due to Think Finance as disclosed above, at June 30, 2017 and December 31, 2016 , the Company had approximately $144 thousand and $25 thousand , respectively, due to related parties, which is included in Accounts payable and accrued liabilities within the Condensed Consolidated Balance Sheets.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS The Company evaluated subsequent events and determined there has been no material subsequent events that required recognition or additional disclosure in these financial statements, except as follows: The Company made draws on the ESPV Facility of $21 million subsequent to June 30, 2017.

Basis of Presentation and Acc22

Basis of Presentation and Accounting Changes (Policies)	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	The accompanying unaudited condensed consolidated financial statements as of June 30, 2017 and for the three and six month periods ended June 30, 2017 and 2016 include the accounts of the Company, its wholly owned subsidiaries and a variable interest entity ("VIE") where the Company is the primary beneficiary. All significant intercompany transactions and accounts have been eliminated. The unaudited condensed consolidated financial information included in this report has been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and Article 10 of Regulation S-X and conform, as applicable, to general practices within the finance company industry. The principles for interim financial information do not require the inclusion of all the information and footnotes required by GAAP for complete financial statements. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements for the year ended December 31, 2016 included in the Company’s registration statement on Form S-1 (File No. 333-207888), as amended (the "Registration Statement"), filed with the U.S. Securities and Exchange Commission ("SEC") on April 6, 2017. In the opinion of the Company’s management, the unaudited condensed consolidated financial statements include all adjustments, all of which are of a normal recurring nature, necessary for a fair presentation of the results for the interim periods. The results of operations for the three and six months ended June 30, 2017 are not necessarily indicative of the results to be expected for the full year.
Stock-Based Compensation	Stock options granted to certain employees vest upon the satisfaction of the earlier of either a service condition or a liquidity condition. The service condition for these awards is generally satisfied over four years . The liquidity condition is satisfied upon the occurrence of a qualifying event, defined as the completion of the IPO, which occurred on April 11, 2017. The satisfaction of this vesting condition accelerated the expense attribution period for those stock options, and the Company recognized a cumulative share-based compensation expense for the portion of those stock options that met the liquidity condition of $0.8 million .
Use of Estimates	The preparation of the unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Significant items subject to such estimates and assumptions include the valuation of the allowance for loan losses, goodwill, long-lived and intangible assets, deferred revenues, contingencies, the fair value of derivatives, the income tax provision, valuation of stock-based compensation and the valuation allowance against deferred tax assets. The Company bases its estimates on historical experience, current data and assumptions that are believed to be reasonable. Actual results in future periods could differ from those estimates.
Equity Issuance Costs	Costs incurred related to the Company's IPO were deferred and included in Prepaid expenses and other assets in the unaudited condensed consolidated financial statements, and were charged against the gross proceeds of the IPO (i.e., charged against additional paid-in capital in the accompanying unaudited condensed consolidated financial statements) as of the closing of the IPO on April 11, 2017 .
Recently Adopted and to be Adopted Accounting Standards	In March 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-09, Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09"). ASU 2016-09 is intended to simplify the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The Company adopted all amendments of ASU 2016-09 on a prospective basis, except as noted below, as of January 1, 2017 which had the following effects on the Company's financial condition, results of operations and cash flows: • Recognized a cumulative effect adjustment to accumulated deficit of approximately $3.4 million for the deferred tax asset attributable to excess tax benefits on stock compensation. • Recognized excess tax benefits of $690 thousand in earnings for the six months ended June 30, 2017 . The Company discontinued recording excess tax benefits within additional paid-in capital. • Modified its computation of potentially dilutive shares for earnings per share using the treasury stock method by excluding excess tax benefits (deficiencies) as a component of assumed proceeds; as excess tax benefits are no longer recognized within additional paid-in capital. • Included excess tax benefits for stock-based compensation in cash flows from operating activities rather than cash flows from financing activities in the Condensed Consolidated Statements of Cash Flows. • Prior periods have not been adjusted. Accounting Standards to be Adopted in Future Periods In May 2017, the FASB issued ASU No. 2017-09, Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting ("ASU 2017-09"). The purpose of ASU 2017-09 is to provide clarity and reduce both diversity in practice and cost and complexity when applying the guidance to a change to the terms or conditions of a share-based payment award. Under this new guidance, an entity should account for the effects of a modification unless all of the following are met: (1) The fair value (or calculated value or intrinsic value, if such an alternative measurement method is used) of the modified award is the same as the fair value (or calculated value or intrinsic value, if such an alternative measurement method is used) of the original award immediately before the original award is modified. If the modification does not affect any of the inputs to the valuation technique that the entity uses to value the award, the entity is not required to estimate the value immediately before and after the modification. (2) The vesting conditions of the modified award are the same as the vesting conditions of the original award immediately before the original award is modified. (3) The classification of the modified award as an equity instrument or a liability instrument is the same as the classification of the original award immediately before the original award is modified. The guidance is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted. The Company does not currently expect that the adoption of ASU 2017-09 will have a material effect on its condensed consolidated financial statements. In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment ("ASU 2017-04"). The purpose of ASU 2017-04 is to simplify the subsequent measurement of goodwill. The amendments modify the concept of impairment from the condition that exists when the carrying amount of goodwill exceeds its implied fair value to the condition that exists when the carrying amount of a reporting unit exceeds its fair value. An entity no longer will determine goodwill impairment by calculating the implied fair value of goodwill by assigning the fair value of a reporting unit to all of its assets and liabilities as if that reporting unit had been acquired in a business combination. This guidance is effective for public companies for goodwill impairment tests in fiscal years beginning after December 15, 2019. The Company is still assessing the potential impact of ASU 2017-04 on the Company's condensed consolidated financial statements. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash a consensus of the FASB Emerging Issues Task Force ("ASU 2016-18"). The purpose of ASU 2016-18 is to reduce diversity in practice related to the classification and presentation of changes in restricted cash on the statement of cash flows. Under this new guidance, the statement of cash flows during the reporting period must explain the change in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. ASU 2016-18 is effective for public entities for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years. For all other entities, ASU 2016-18 is effective for fiscal years beginning after December 15, 2018, and interim periods within fiscal years beginning after December 15, 2019. Early adoption is permitted. The Company is still assessing the potential impact of ASU 2016-18 on the Company's condensed consolidated financial statements; however, the Company's preliminary assessment of the impact of the adoption of ASU 2016-18 is that, upon adoption, the Company will include any restricted cash balances as part of cash and cash equivalents in its condensed statements of cash flows and not present the change in restricted cash balances as a separate line item under investing activities as it currently presented. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments ("ASU 2016-15") . ASU 2016-15 is intended to reduce diversity in practice for certain cash receipts and cash payments that are presented and classified in the statement of cash flows. For public entities, ASU 2016-15 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted. The Company is still assessing the potential impact of ASU 2016-15 on the Company's condensed consolidated financial statements. The Company does not currently expect that the adoption of ASU 2016-15 will have a material effect on its condensed consolidated financial statements. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments ("ASU 2016-13"). ASU 2016-13 is intended to replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates to improve the quality of information available to financial statement users about expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. For public entities, ASU 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is still assessing the potential impact of ASU 2016-13 on the Company's condensed consolidated financial statements. The Company expects to complete its analysis of the impact in 2017. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) ("ASU 2016-02"). ASU 2016-02 is intended to improve the reporting of leasing transactions to provide users of financial statements with more decision-useful information. ASU 2016-02 will require organizations that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is still assessing the potential impact of ASU 2016-02 on the Company's condensed consolidated financial statements. The Company expects to complete its analysis of the impact in 2017. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”). ASU 2014-09 is a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. ASU 2014-09 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of Effective Date ("ASU 2015-14"), which defers the effective date of this guidance by one year, to the annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. A reporting entity may choose to early adopt the guidance as of the original effective date. In April 2016, the FASB issued ASU 2016-09, Revenues from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing ("ASU 2016-10"), which clarifies the guidance related to identifying performance obligations and licensing implementation. Upon adoption of the new revenue recognition guidance, the Company anticipates using the alternative transition method that requires the application of the guidance only to contracts that are uncompleted on the date of initial application. The Company completed its initial assessment in evaluating the potential impact on its condensed consolidated financial statements and based on its initial assessment determined that its financial contracts are excluded from the scope of ASU 2014-09. As a result of the scope exception for financial contracts, the Company's management has determined that there will be no material changes to the recognition timing and classification of revenues and expenses; additionally, the Company's management does not expect the adoption of ASU 2014-09 to have a significant impact to pretax income upon adoption. The Company will continue to evaluate the impacts of ASU 2014-09 through the date of adoption to ensure that its initial assessment continues to remain accurate. Additionally, the Company is continuing its assessment of ASU 2014-09’s impact on its condensed financial statement disclosures.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Computation of earnings (loss) per share	The computation of earnings (loss) per share was as follows for three and six months ended June 30, 2017 and 2016 : Three Months Ended Six Months Ended (Dollars in thousands except share and per share amounts) 2017 2016 2017 2016 Numerator (basic): Net income (loss) $ 3,020 $ (7,496 ) $ 4,688 $ (1,704 ) Numerator (diluted): Net income (loss) $ 3,020 $ (7,496 ) $ 4,688 $ (1,704 ) Tax-effected interest expense attributable to Convertible Term Notes — — — — Net income (loss) assuming dilution $ 3,020 $ (7,496 ) $ 4,688 $ (1,704 ) Denominator (basic): Basic weighted average number of shares outstanding 38,541,965 12,800,795 25,841,408 12,798,957 Denominator (diluted): Basic weighted average number of shares outstanding 38,541,965 12,800,795 25,841,408 12,798,957 Effect of potentially dilutive securities: Convertible Preferred Stock — — — — Employee stock plans (options and RSUs) 1,408,795 — 1,453,537 — Convertible Term Notes — — — — Diluted weighted average number of shares outstanding 39,950,760 12,800,795 27,294,945 12,798,957 Basic and diluted earnings (loss) per share: Basic earnings (loss) per share $ 0.08 $ (0.59 ) $ 0.18 $ (0.13 ) Diluted earnings (loss) per share $ 0.08 $ (0.59 ) $ 0.17 $ (0.13 )

Loans Receivable and Revenue (T

Loans Receivable and Revenue (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Revenue from consumer loans	Revenues generated from the Company’s consumer loans for the three and six months ended June 30, 2017 and 2016 were as follows: Three Months Ended June 30, (Dollars in thousands) 2017 2016 Finance charges $ 91,870 $ 91,374 CSO fees 12,854 16,698 Lines of credit fees 43,808 18,302 Other 1,939 406 Total revenues $ 150,471 $ 126,780 Six Months Ended June 30, (Dollars in thousands) 2017 2016 Finance charges $ 189,941 $ 187,617 CSO fees 28,864 35,169 Lines of credit fees 85,580 34,140 Other 2,453 576 Total revenues $ 306,838 $ 257,502
Schedule of loans receivable	The Company's portfolio consists of both installment loans and lines of credit, which are considered the portfolio segments at June 30, 2017 and December 31, 2016 . The following reflects the credit quality of the Company’s loans receivable as of June 30, 2017 and December 31, 2016 as delinquency status has been identified as the primary credit quality indicator. Loans are determined to be past due when they are one day past due without a payment. All impaired loans as of June 30, 2017 and December 31, 2016 have been charged off. June 30, 2017 (Dollars in thousands) Installment Line of Credit Total Current loans $ 224,624 $ 185,701 $ 410,325 Past due loans 42,917 16,414 59,331 Total loans receivable 267,541 202,115 469,656 Net unamortized loan premium — 1,993 1,993 Less: Allowance for loan losses (45,344 ) (20,686 ) (66,030 ) Loans receivable, net $ 222,197 $ 183,422 $ 405,619 December 31, 2016 (Dollars in thousands) Installment Line of Credit Total Current loans 1 $ 235,794 $ 156,717 $ 392,511 Past due loans 1 57,822 17,857 75,679 Total loans receivable 293,616 174,574 468,190 Net unamortized loan premium — 1,924 1,924 Less: Allowance for loan losses (58,062 ) (19,389 ) (77,451 ) Loans receivable, net $ 235,554 $ 157,109 $ 392,663 1. A reclassification of approximately $1.0 million from Current loans to Past due loans within Installment was made in order to conform to the current period presentation. This reclassification had no effect on previously reported total loans receivable balances in the consolidated balance sheet at December 31, 2016.
Changes in the allowance for loan losses	The changes in the allowance for loan losses for the three and six months ended June 30, 2017 and 2016 are as follows: Three Months Ended June 30, 2017 (Dollars in thousands) Installment Line of Credit Total Balance beginning of period $ 53,276 $ 20,087 $ 73,363 Provision for loan losses 49,134 23,163 72,297 Charge-offs (59,420 ) (24,301 ) (83,721 ) Recoveries of prior charge-offs 5,752 1,737 7,489 Effect of changes in foreign currency rates 412 — 412 Total 49,154 20,686 69,840 Accrual for CSO lender owned loans (3,810 ) — (3,810 ) Balance end of period $ 45,344 $ 20,686 $ 66,030 Three Months Ended June 30, 2016 (Dollars in thousands) Installment Line of Credit Total Balance beginning of period $ 46,531 $ 9,061 $ 55,592 Provision for loan losses 56,543 10,591 67,134 Charge-offs (55,931 ) (9,681 ) (65,612 ) Recoveries of prior charge-offs 3,872 1,587 5,459 Effect of changes in foreign currency rates (576 ) — (576 ) Total 50,439 11,558 61,997 Accrual for CSO lender owned loans (7,124 ) — (7,124 ) Balance end of period $ 43,315 $ 11,558 $ 54,873 Six Months Ended June 30, 2017 (Dollars in thousands) Installment Line of Credit Total Balance beginning of period $ 62,987 $ 19,389 $ 82,376 Provision for loan losses 109,854 45,236 155,090 Charge-offs (135,682 ) (47,295 ) (182,977 ) Recoveries of prior charge-offs 11,461 3,356 14,817 Effect of changes in foreign currency rates 534 — 534 Total 49,154 20,686 69,840 Accrual for CSO lender owned loans (3,810 ) — (3,810 ) Balance end of period $ 45,344 $ 20,686 $ 66,030 Six Months Ended June 30, 2016 (Dollars in thousands) Installment Line of Credit Total Balance beginning of period $ 55,768 $ 10,016 $ 65,784 Provision for loan losses 108,487 17,736 126,223 Charge-offs (122,512 ) (17,781 ) (140,293 ) Recoveries of prior charge-offs 9,543 1,587 11,130 Effect of changes in foreign currency rates (847 ) — (847 ) Total 50,439 11,558 61,997 Accrual for CSO lender owned loans (7,124 ) — (7,124 ) Balance end of period $ 43,315 $ 11,558 $ 54,873

Variable Interest Entity (Table

Variable Interest Entity (Tables)	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of the assets and liabilities of the VIE	The following table summarizes the assets and liabilities of the VIE that are included within the Company’s Condensed Consolidated Balance Sheets at June 30, 2017 and December 31, 2016 : (Dollars in thousands) June 30, December 31, ASSETS Cash and cash equivalents $ 20,909 $ 15,096 Loans receivable, net of allowance for loan losses of $20,686 and $19,389, respectively 183,422 157,109 Prepaid expenses and other assets ($0 and $52, respectively, eliminates upon consolidation) — 52 Receivable from payment processors 8,307 7,351 Total assets $ 212,638 $ 179,608 LIABILITIES AND MEMBERS’ EQUITY Accounts payable and accrued liabilities ($5,179 and $4,856, respectively, eliminates upon consolidation) 1 $ 16,307 $ 12,580 Reserve deposit liability ($25,650 and $21,825, respectively, eliminates upon consolidation) 25,650 21,825 Notes payable, net 170,681 145,203 Members' equity — — Total liabilities and members’ equity $ 212,638 $ 179,608 1. As previously discussed in the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2017, in the course of preparing its condensed consolidated financial statements as of and for the three months ended March 31, 2017, the Company identified a disclosure error related to the amount of accounts payable and accrued liabilities that was eliminated upon consolidation at December 31, 2016 associated with credit default premiums. The actual amount eliminated at December 31, 2016 was $4.9 million as opposed to $1.1 million that was previously disclosed in the consolidated financial statements of the Company included in the Registration Statement. The Company has determined that the error was not material to its consolidated financial statements and the correction of this error resulted in a revision to the amount disclosed only and had no impact on accounts payable and accrued liabilities in the Company's Consolidated Balance Sheet at December 31, 2016.

Notes Payable (Tables)

Notes Payable (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Outstanding balance of notes payable, net of debt issuance costs	The outstanding balance of Notes payable, net of debt issuance costs, are as follows: (Dollars in thousands) June 30, December 31, US Term Note bearing interest at 3-month LIBOR +11% (2017) + 13-15% (2016) $ 222,000 $ 222,000 UK Term Note bearing interest at 3-month LIBOR + 16% 22,800 47,800 ELCS Sub-debt Term Note bearing interest at 3-month LIBOR + 18% — 45,000 4th Tranche Term Note bearing interest at 3-month LIBOR + 17% 25,000 25,000 Convertible Term Notes bearing interest at 3-month LIBOR + 9% 10,050 10,000 ESPV Term Note bearing interest at 3-month LIBOR + 12-13.5% 171,000 145,500 Debt discount and issuance costs (1,915 ) (1,822 ) Total $ 448,935 $ 493,478
Future debt maturities	Future debt maturities as of June 30, 2017 are as follows: Year (dollars in thousands) June 30, 2017 Remainder of 2017 $ — 2018 181,850 2019 — 2020 — 2021 269,000 Total $ 450,850

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Carrying value of acquired finite-lived intangible assets	The carrying value of acquired intangible assets as of June 30, 2017 , is presented in the table below: (Dollars in thousands) Cost Accumulated Amortization Net Assets subject to amortization: Acquired technology $ 946 $ (946 ) $ — Non-compete 3,404 (1,871 ) 1,533 Customers 126 (126 ) — Assets not subject to amortization: Domain names 680 — 680 Total $ 5,156 $ (2,943 ) $ 2,213 The carrying value of acquired intangible assets as of December 31, 2016 , is presented in the table below: (Dollars in thousands) Cost Accumulated Amortization Net Assets subject to amortization: Acquired technology $ 946 $ (946 ) $ — Non-compete 3,404 (1,780 ) 1,624 Customers 126 (126 ) — Assets not subject to amortization: Domain names 680 — 680 Total $ 5,156 $ (2,852 ) $ 2,304
Carrying value of acquired indefinite-lived intangible assets	The carrying value of acquired intangible assets as of June 30, 2017 , is presented in the table below: (Dollars in thousands) Cost Accumulated Amortization Net Assets subject to amortization: Acquired technology $ 946 $ (946 ) $ — Non-compete 3,404 (1,871 ) 1,533 Customers 126 (126 ) — Assets not subject to amortization: Domain names 680 — 680 Total $ 5,156 $ (2,943 ) $ 2,213 The carrying value of acquired intangible assets as of December 31, 2016 , is presented in the table below: (Dollars in thousands) Cost Accumulated Amortization Net Assets subject to amortization: Acquired technology $ 946 $ (946 ) $ — Non-compete 3,404 (1,780 ) 1,624 Customers 126 (126 ) — Assets not subject to amortization: Domain names 680 — 680 Total $ 5,156 $ (2,852 ) $ 2,304
Estimated amortization expense relating to intangible assets subject to amortization	Estimated amortization expense relating to intangible assets subject to amortization for each of the five succeeding fiscal years is as follows: Year (Dollars in thousands) Amount 2018 $ 180 2019 180 2020 180 2021 180 2022 180

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of stock option activity	A summary of stock option activity as of and for the six months ended June 30, 2017 is presented below: Stock Options Shares Weighted Average Weighted Average Remaining Contractual Life (in years) Outstanding at December 31, 2016 3,501,412 $ 4.18 Granted 111,177 8.08 Exercised (1) (419,915 ) 2.14 Forfeited (67,002 ) 5.89 Outstanding at June 30, 2017 3,125,672 4.57 5.92 Options exercisable at June 30, 2017 2,742,174 $ 4.21 5.60 (1) During the six months ended June 30, 2017 , certain exercised options were net share-settled to cover the required exercise price and withholding tax and the remaining amounts were converted into an equivalent number of shares of the Company's common stock. The Company withheld 111,177 shares which had a value equivalent to the aggregate exercise price of approximately $476 thousand plus the employees' minimum statutory obligation of approximately $422 thousand for the applicable income and other employment taxes, and remitted the cash to the appropriate taxing authorities. The total shares withheld was based on the fair market value of our common stock on their exercise date as determined by the Company. These net-share settlements had the effect of share repurchases by the Company as they reduced the number of shares that would have otherwise have been issued.
Summary of RSUs activity	A summary of RSU activity as of and for the six months ended June 30, 2017 is presented below: RSUs Shares Weighted Average Nonvested at December 31, 2016 425,260 $ 8.12 Granted 2,404,709 7.49 Vested — — Forfeited (12,884 ) 7.76 Nonvested at June 30, 2017 2,817,085 $ 7.58

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Summary of the changes in the fair value of the liabilities categorized as Level 3 instruments	The change in the Derivative liability for the three and six months ended June 30, 2017 are shown in the following table: (Dollars in thousands) Embedded Derivative Liability in Convertible Term Notes Balance, December 31, 2016 $ 1,750 Additional derivative recognized upon $15.0 million draw on the underlying Convertible Term Note 2,517 Fair value adjustment (Non-Operating expense in the Condensed Consolidated Income Statements) 133 Balance, March 31, 2017 $ 4,400 Reduction of derivative due to $14.9 million repayment of the underlying Convertible Term Note (Non-Operating expense in the Condensed Consolidated Income Statements) (2,746 ) Fair value adjustment (Non-Operating expense in the Condensed Consolidated Income Statements) 100 Balance, June 30, 2017 $ 1,754 The Convertible Term Notes and the Derivative liability were not outstanding at June 30, 2016 .
Schedule of significant inputs and assumptions used in measuring the fair value	The ranges of significant inputs and assumptions used in measuring the fair value of the embedded derivative liability in the Convertible Term Notes are as follows: June 30, 2017 December 31, 2016 Expected life (months) 7 6-13 Conversion discount percentage N/A 20 % Floating rate 10.30% - 10.49% 10.00% - 10.62% Risk-free rate 1.20 % 0.92 % Market yield 23.64 % 23.86 % Non-marketability discount N/A 9 % Non-marketability discount volatility N/A 53.9 %

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Schedule of income tax expense	Income tax expense for the three and six months ended June 30, 2017 and 2016 consists of the following: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2017 2016 2017 2016 Current income tax expense: Federal $ 12 $ (7 ) $ 155 $ 122 State 181 32 416 157 Total current income tax expense 193 25 571 279 Deferred income tax expense (benefit): Federal (711 ) (5,424 ) 565 (255 ) State (98 ) (467 ) 75 (24 ) Stock options — — (690 ) — Deductible IPO costs (804 ) — (804 ) — Total deferred income tax benefit (1,613 ) (5,891 ) (854 ) (279 ) Total income tax benefit $ (1,420 ) $ (5,866 ) $ (283 ) $ —

Operating Segment Information (

Operating Segment Information (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Summary of the allocation of net revenues and long-lived assets based on geography	The following tables summarize the allocation of net revenues and long-lived assets based on geography: Three Months Ended June 30, Six Months Ended June 30, (Dollars in thousands) 2017 2016 2017 2016 Revenues United States $ 125,566 $ 103,925 $ 257,086 $ 211,197 United Kingdom 24,905 22,855 49,752 46,305 Total $ 150,471 $ 126,780 $ 306,838 $ 257,502 June 30, December 31, Long-lived assets United States $ 25,880 $ 23,141 United Kingdom 12,119 11,349 Total $ 37,999 $ 34,490

Related Parties (Tables)

Related Parties (Tables)	6 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Expenses related to board of directors	Expenses related to board of director fees, travel reimbursements, stock compensation, and a consulting arrangement with a related party for the three and six months ended June 30, 2017 and 2016 are included in Professional services within the Condensed Consolidated Statement of Operations and were as follows: Three Months Ended June 30, (Dollars in thousands) 2017 2016 Fees and travel expenses $ 120 $ 56 Stock compensation 235 12 Consulting 75 75 Total board related expenses $ 430 $ 143 Six Months Ended June 30, (Dollars in thousands) 2017 2016 Fees and travel expenses $ 246 $ 150 Stock compensation 328 21 Consulting 150 153 Total board related expenses $ 724 $ 324

Basis of Presentation and Acc33

Basis of Presentation and Accounting Changes (Details) $ / shares in Units, $ in Thousands	Apr. 11, 2017USD ($)$ / sharesshares	Dec. 11, 2015	Apr. 30, 2017shares	Jun. 30, 2017USD ($)$ / sharesshares	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)$ / sharesshares	Jun. 30, 2016USD ($)	Mar. 31, 2017$ / shares	Dec. 31, 2016USD ($)$ / sharesshares
Class of Stock [Line Items]
Stock split of common shares	2.5	2.5	2.5			2.5
Preferred stock, carrying value | $						$ 0
Common stock, shares authorized	300,000,000			300,000,000		300,000,000			41,676,750
Preferred stock, shares authorized	24,500,000			24,500,000		24,500,000			0
Preferred stock, par value (in usd per share) | $ / shares	$ 0.0004			$ 0.0004		$ 0.0004
Common stock, par value (in usd per share) | $ / shares				$ 0.0004		$ 0.0004		$ 0.001	$ 0.0004
Cumulative effect of change in accounting | $									$ 3,364
Recognition of excess tax benefits against income tax expense | $				$ 0	$ 0	$ 690	$ 0
Stock Option
Class of Stock [Line Items]
Vesting period (in years)						4 years
Stock based compensation expense for stock options meeting liquidity condition | $	$ 800
Common Stock
Class of Stock [Line Items]
2.5-for-1 common stock split (in shares)						8,459,109
Preferred stock, carrying value | $	$ 6					$ 6
Accumulated deficit | Accounting Standards Update 2016-09
Class of Stock [Line Items]
Cumulative effect of change in accounting | $									$ 3,364
Common Stock
Class of Stock [Line Items]
Convertible preferred stock, converted into (in shares)	5,639,410		14,098,519
2.5-for-1 common stock split (in shares)	14,098,519
Convertible Preferred Stock
Class of Stock [Line Items]
Convertible preferred stock converted (in shares)			5,639,410
Pre-Split Common Stock
Class of Stock [Line Items]
Convertible preferred stock, converted into (in shares)			5,639,410
IPO
Class of Stock [Line Items]
Shares issued and sold (in shares)	12,400,000
Shares issued and sold (usd per share) | $ / shares	$ 6.50
Net proceeds from sale of stock | $	$ 80,200
Deferred offering costs | $				$ 6,700		$ 6,700
Underwriters Option
Class of Stock [Line Items]
Shares issued and sold (in shares)	1,860,000

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) shares in Millions	Apr. 11, 2017	Dec. 11, 2015	Apr. 30, 2017	Jun. 30, 2017shares	Jun. 30, 2016shares	Jun. 30, 2017shares	Jun. 30, 2016shares
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Stock split of common shares	2.5	2.5	2.5			2.5
Stock options
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive shares				1.6	3.9	1	3.9

Earnings Per Share - Computatio

Earnings Per Share - Computation of Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Numerator (basic):
Net income (loss)	$ 3,020	$ (7,496)	$ 4,688	$ (1,704)
Numerator (diluted):
Net income (loss)	3,020	(7,496)	4,688	(1,704)
Tax-effected interest expense attributable to Convertible Term Notes	0	0	0	0
Net income (loss) assuming dilution	$ 3,020	$ (7,496)	$ 4,688	$ (1,704)
Denominator (basic):
Basic weighted average number of shares outstanding	38,541,965	12,800,795	25,841,408	12,798,957
Denominator (diluted):
Basic weighted average number of shares outstanding	38,541,965	12,800,795	25,841,408	12,798,957
Effect of potentially dilutive securities:
Convertible Preferred Stock (in shares)	0	0	0	0
Employee stock plans (options and RSUs) (in shares)	1,408,795	0	1,453,537	0
Convertible Term Notes (in shares)	0	0	0	0
Diluted weighted average number of shares outstanding	39,950,760	12,800,795	27,294,945	12,798,957
Basic and diluted earnings (loss) per share:
Basic earnings (loss) per share (usd per share)	$ 0.08	$ (0.59)	$ 0.18	$ (0.13)
Diluted earnings (loss) per share (usd per share)	$ 0.08	$ (0.59)	$ 0.17	$ (0.13)

Loans Receivable and Revenue -

Loans Receivable and Revenue - Revenue from Consumer Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other	$ 1,939	$ 406	$ 2,453	$ 576
Total revenues	150,471	126,780	306,838	257,502
Finance charges
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues	91,870	91,374	189,941	187,617
CSO fees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues	12,854	16,698	28,864	35,169
Lines of credit fees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenues	$ 43,808	$ 18,302	$ 85,580	$ 34,140

Loans Receivable and Revenue 37

Loans Receivable and Revenue - Schedule of Receivables (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of days loans are deemed past due without payment received		1 day
Current loans		$ 410,325	$ 392,511
Past due loans		59,331	75,679
Total loans receivable		469,656	468,190
Net unamortized loan premium		1,993	1,924
Less: Allowance for loan losses		(66,030)	(77,451)
Loans receivable, net	[1]	405,619	392,663
Interest receivable		21,900	25,600
Installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current loans		224,624	235,794
Past due loans		42,917	57,822
Total loans receivable		267,541	293,616
Net unamortized loan premium		0	0
Less: Allowance for loan losses		(45,344)	(58,062)
Loans receivable, net		222,197	235,554
Reclassification from current loans to past due loans			1,000
Lines of credit fees
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current loans		185,701	156,717
Past due loans		16,414	17,857
Total loans receivable		202,115	174,574
Net unamortized loan premium		1,993	1,924
Less: Allowance for loan losses		(20,686)	(19,389)
Loans receivable, net		$ 183,422	$ 157,109
[1]	These balances include certain assets and liabilities of a variable interest entity (“VIE”) that can only be used to settle the liabilities of that VIE. All assets of the Company are pledged as security for the Company’s outstanding debt, including debt held by the VIE. For further information regarding the assets and liabilities included in our consolidated accounts, see Note 4—Variable Interest Entity.

Loans Receivable and Revenue 38

Loans Receivable and Revenue - Allowance for Loan Losses (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance beginning of period		$ 73,363	$ 55,592	$ 82,376	$ 65,784
Provision for loan losses		72,297	67,134	155,090	126,223
Charge-offs		(83,721)	(65,612)	(182,977)	(140,293)
Recoveries of prior charge-offs		7,489	5,459	14,817	11,130
Effect of changes in foreign currency rates		412	(576)	534	(847)
Total						$ 69,840		$ 61,997
Accrual for CSO lender owned loans		(3,810)	(7,124)	(3,810)	(7,124)
Balance end of period		66,030	54,873	66,030	54,873
Estimated losses		73,363	55,592	82,376	65,784	66,030	$ 82,376	54,873
Lines of credit to customers	[1]					405,619	392,663
Installment
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance beginning of period		53,276	46,531	62,987	55,768
Provision for loan losses		49,134	56,543	109,854	108,487
Charge-offs		(59,420)	(55,931)	(135,682)	(122,512)
Recoveries of prior charge-offs		5,752	3,872	11,461	9,543
Effect of changes in foreign currency rates		412	(576)	534	(847)
Total						49,154		50,439
Accrual for CSO lender owned loans		(3,810)	(7,124)	(3,810)	(7,124)
Balance end of period		45,344	43,315	45,344	43,315
Estimated losses		53,276	46,531	62,987	55,768	45,344	62,987	43,315
Lines of credit to customers						222,197	235,554
Lines of credit fees
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance beginning of period		20,087	9,061	19,389	10,016
Provision for loan losses		23,163	10,591	45,236	17,736
Charge-offs		(24,301)	(9,681)	(47,295)	(17,781)
Recoveries of prior charge-offs		1,737	1,587	3,356	1,587
Effect of changes in foreign currency rates		0	0	0	0
Total						20,686		11,558
Accrual for CSO lender owned loans		0	0	0	0
Balance end of period		20,686	11,558	20,686	11,558
Estimated losses		20,087	$ 9,061	19,389	$ 10,016	20,686	19,389	$ 11,558
Lines of credit to customers						183,422	157,109
CSO fees
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Balance beginning of period				4,900
Balance end of period		3,800		3,800
Estimated losses		$ 3,800		$ 4,900		3,800	4,900
Lines of credit to customers						$ 33,600	$ 40,500
[1]	These balances include certain assets and liabilities of a variable interest entity (“VIE”) that can only be used to settle the liabilities of that VIE. All assets of the Company are pledged as security for the Company’s outstanding debt, including debt held by the VIE. For further information regarding the assets and liabilities included in our consolidated accounts, see Note 4—Variable Interest Entity.

Variable Interest Entity - Narr

Variable Interest Entity - Narrative (Details) $ in Millions	Jul. 01, 2015USD ($)	Jun. 30, 2017entities
Variable Interest Entity [Line Items]
Variable interest entity, number of entities		3
Credit Services Organization Lenders
Variable Interest Entity [Line Items]
Variable interest entity, number of entities		2
Elastic SPV, Ltd. | Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Transfer of participation loans | $	$ 20.2
Loan purchase interest percentage		90.00%

Variable Interest Entity - Summ

Variable Interest Entity - Summary of Assets and Liabilities (Details) - USD ($) $ in Thousands		Jun. 30, 2017		Dec. 31, 2016		Jun. 30, 2016	Dec. 31, 2015
Variable Interest Entity [Line Items]
Cash and cash equivalents		$ 81,195	[1]	$ 53,574	[1]	$ 84,298	$ 29,050
Loans receivable, net of allowance for loan losses of $20,686 and $19,389, respectively	[1]	405,619		392,663
Prepaid expenses and other assets ($0 and $52, respectively, eliminates upon consolidation)	[1]	8,048		11,314
Receivable from payment processors	[1]	20,184		19,105
Accounts payable and accrued liabilities ($70 and $21 payable to Think Finance at June 30, 2017 and December 31, 2016, respectively)	[1]	33,624		31,390
Notes payable, net	[1]	448,935		493,478
Members' equity		102,819		13,567		$ 32,215	$ 33,375
Loans receivable, allowance		66,030		77,451
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Cash and cash equivalents		20,909		15,096
Loans receivable, net of allowance for loan losses of $20,686 and $19,389, respectively		183,422		157,109
Prepaid expenses and other assets ($0 and $52, respectively, eliminates upon consolidation)		0		52
Receivable from payment processors		8,307		7,351
Total assets		212,638		179,608
Accounts payable and accrued liabilities ($70 and $21 payable to Think Finance at June 30, 2017 and December 31, 2016, respectively)		16,307		12,580
Reserve deposit liability ($25,650 and $21,825, respectively, eliminates upon consolidation)		25,650		21,825
Notes payable, net		170,681		145,203
Members' equity		0		0
Total liabilities and members’ equity		212,638		179,608
Loans receivable, allowance		20,686		19,389
Variable Interest Entity, Primary Beneficiary | Consolidation, Eliminations
Variable Interest Entity [Line Items]
Prepaid expenses and other assets ($0 and $52, respectively, eliminates upon consolidation)		0		52
Accounts payable and accrued liabilities ($70 and $21 payable to Think Finance at June 30, 2017 and December 31, 2016, respectively)		5,179		4,856
Reserve deposit liability ($25,650 and $21,825, respectively, eliminates upon consolidation)		$ 25,650		21,825
Variable Interest Entity, Primary Beneficiary | Consolidation, Eliminations | Previously Reported
Variable Interest Entity [Line Items]
Accounts payable and accrued liabilities ($70 and $21 payable to Think Finance at June 30, 2017 and December 31, 2016, respectively)				$ 1,100
[1]	These balances include certain assets and liabilities of a variable interest entity (“VIE”) that can only be used to settle the liabilities of that VIE. All assets of the Company are pledged as security for the Company’s outstanding debt, including debt held by the VIE. For further information regarding the assets and liabilities included in our consolidated accounts, see Note 4—Variable Interest Entity.

Notes Payable - Narrative (Deta

Notes Payable - Narrative (Details)	6 Months Ended
	Jun. 30, 2017debt_facilities
VPC
Debt Instrument [Line Items]
Number of debt facilities	2

Notes Payable - VPC Facility (D

Notes Payable - VPC Facility (Details) - USD ($) shares in Millions	Feb. 01, 2017	Apr. 30, 2017	Jan. 31, 2017	Oct. 31, 2016	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Jan. 05, 2017	Feb. 11, 2016	May 20, 2015	Jan. 30, 2014
Debt Instrument [Line Items]
Repayments of debt							$ 84,950,000	$ 0
VPC
Debt Instrument [Line Items]
Shares issued and sold (in shares)							2.3
Net proceeds from sale of stock							$ 14,900,000
Probability Weighted Valuation Technique
Debt Instrument [Line Items]
IPO stock price multiplier							0.8
VPC Facility | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing amount								$ 395,000,000			$ 345,000,000	$ 335,000,000	$ 250,000,000
Book value of equity covenant	$ 5,000,000		$ 10,000,000
VPC Facility | Convertible Term Notes | Line of Credit
Debt Instrument [Line Items]
Remaining undrawn principal										$ 15,000,000
US Term Note | Line of Credit | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate							11.00%
US Term Note | Line of Credit | 3-month LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate									15.00%
US Term Note | Line of Credit | 3-month LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate									13.00%
US Term Note | Term Notes | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing amount	$ 350,000,000		250,000,000		$ 350,000,000		$ 350,000,000
Blended interest rate					12.30%		12.30%		14.94%
US Term Note | Term Notes | Line of Credit | 3-month LIBOR
Debt Instrument [Line Items]
Basis rate floor	1.00%						1.00%
Basis spread on variable rate	11.00%						11.00%
US Term Note, August 13, 2018 Maturity Date | Line of Credit
Debt Instrument [Line Items]
Line of credit outstanding	$ 75,000,000
UK Term Note | Line of Credit | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate							16.00%		16.00%
UK Term Note | Term Notes | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing amount					$ 25,000,000		$ 25,000,000		$ 50,000,000
Blended interest rate					17.30%		17.30%		16.93%
UK Term Note | Term Notes | Line of Credit | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate							16.00%
ELCS Sub-debt Term Note | Line of Credit | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate							18.00%		18.00%
ELCS Sub-debt Term Note | Term Notes | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing amount					$ 0		$ 0		$ 45,000,000
Blended interest rate									18.93%
Pay down of debt from proceeds from IPO		$ 45,000,000
Line of credit outstanding					0		$ 0
ELCS Sub-debt Term Note | Term Notes | Line of Credit | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate									18.00%
4th Tranche Term Note | Line of Credit | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate							17.00%		17.00%
4th Tranche Term Note | Term Notes | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing amount					$ 25,000,000		$ 25,000,000
Blended interest rate					18.30%		18.30%		18.00%
4th Tranche Term Note | Term Notes | Line of Credit | Minimum
Debt Instrument [Line Items]
Effective interest rate					18.00%		18.00%
4th Tranche Term Note | Term Notes | Line of Credit | 3-month LIBOR
Debt Instrument [Line Items]
Basis rate floor							1.00%
Basis spread on variable rate							17.00%
Convertible Term Note | Line of Credit
Debt Instrument [Line Items]
Draw on the convertible term notes			15,000,000	$ 10,000,000		$ 15,000,000
Debt discount and derivative liability recognized upon draws of convertible term notes			$ 2,500,000		$ 4,200,000		$ 4,200,000		$ 1,700,000
Weighted average effective interest rate associated with debt discount					27.00%		27.00%
Present value of the embedded redemption feature					$ 6,250,000		$ 6,250,000
Redemption premium feature, cash redemption value							5,000,000
Debt discount released							2,000,000
Amount waived of redemption premium feature							3,000,000
Repayments of debt					14,900,000		$ 14,900,000
Convertible Term Note | Line of Credit | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate							9.00%		9.00%
Convertible Term Note | Convertible Term Notes | Line of Credit
Debt Instrument [Line Items]
Maximum borrowing amount					$ 10,100,000		$ 10,100,000		$ 25,000,000
Blended interest rate					10.30%		10.30%		10.00%
Convertible Term Note | Convertible Term Notes | Line of Credit | Minimum
Debt Instrument [Line Items]
Effective interest rate					10.00%		10.00%
Convertible Term Note | Convertible Term Notes | Line of Credit | 3-month LIBOR
Debt Instrument [Line Items]
Basis rate floor							1.00%
Basis spread on variable rate							9.00%

Notes Payable - ESPV Facility (

Notes Payable - ESPV Facility (Details) - Line of Credit - USD ($)	Apr. 27, 2017	Jul. 14, 2016	Jun. 30, 2017	Dec. 31, 2016	Oct. 21, 2015	Jul. 13, 2015
ESPV Facility
Debt Instrument [Line Items]
Maximum borrowing amount	$ 250,000,000	$ 150,000,000			$ 100,000,000	$ 50,000,000
Decrease in base rates	(1.00%)
Blended interest rate			14.12%	13.81%
ESPV Facility | Outstanding balance up to $50 Million
Debt Instrument [Line Items]
Outstanding balance interest rate threshold		50,000,000
ESPV Facility | Outstanding balance greater than $50 Million
Debt Instrument [Line Items]
Outstanding balance interest rate threshold		50,000,000
ESPV Facility | Outstanding balance in excess of $100 Million
Debt Instrument [Line Items]
Outstanding balance interest rate threshold		$ 100,000,000
ESPV Facility | Outstanding amounts greater than $150 Million
Debt Instrument [Line Items]
Outstanding balance interest rate threshold	$ 150,000,000
ESPV Facility | 3-month LIBOR
Debt Instrument [Line Items]
Basis rate floor		1.00%
ESPV Facility | 3-month LIBOR | Outstanding balance up to $50 Million
Debt Instrument [Line Items]
Basis spread on variable rate		13.00%
ESPV Facility | 3-month LIBOR | Outstanding balance greater than $50 Million
Debt Instrument [Line Items]
Basis spread on variable rate		12.00%
ESPV Facility | 3-month LIBOR | Outstanding balance in excess of $100 Million
Debt Instrument [Line Items]
Basis spread on variable rate		13.50%
ESPV Facility | 3-month LIBOR | Outstanding amounts greater than $150 Million
Debt Instrument [Line Items]
Basis rate floor	1.00%
Basis spread on variable rate	12.75%
ESPV Facility | 3-month LIBOR | Outstanding amounts greater than $150 Million effective July 1, 2019
Debt Instrument [Line Items]
Basis spread on variable rate	11.75%
ESPV Facility, August 31, 2018 Maturity Date
Debt Instrument [Line Items]
Line of credit outstanding	$ 49,000,000

Notes Payable - Schedule of Deb

Notes Payable - Schedule of Debt (Details) - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Long-term debt		$ 450,850
Debt discount and issuance costs		(1,915)	$ (1,822)
Notes payable, net	[1]	448,935	493,478
Line of Credit | US Term Note
Debt Instrument [Line Items]
Long-term debt		$ 222,000	$ 222,000
Line of Credit | US Term Note | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		11.00%
Line of Credit | US Term Note | 3-month LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate			13.00%
Line of Credit | US Term Note | 3-month LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate			15.00%
Line of Credit | UK Term Note
Debt Instrument [Line Items]
Long-term debt		$ 22,800	$ 47,800
Line of Credit | UK Term Note | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		16.00%	16.00%
Line of Credit | ELCS Sub-debt Term Note
Debt Instrument [Line Items]
Long-term debt		$ 0	$ 45,000
Line of Credit | ELCS Sub-debt Term Note | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		18.00%	18.00%
Line of Credit | 4th Tranche Term Note
Debt Instrument [Line Items]
Long-term debt		$ 25,000	$ 25,000
Line of Credit | 4th Tranche Term Note | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		17.00%	17.00%
Line of Credit | Convertible Term Note
Debt Instrument [Line Items]
Long-term debt		$ 10,050	$ 10,000
Line of Credit | Convertible Term Note | 3-month LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		9.00%	9.00%
Line of Credit | ESPV Term Note
Debt Instrument [Line Items]
Long-term debt		$ 171,000	$ 145,500
Line of Credit | ESPV Term Note | 3-month LIBOR | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate		12.00%	12.00%
Line of Credit | ESPV Term Note | 3-month LIBOR | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate		13.50%	13.50%
[1]	These balances include certain assets and liabilities of a variable interest entity (“VIE”) that can only be used to settle the liabilities of that VIE. All assets of the Company are pledged as security for the Company’s outstanding debt, including debt held by the VIE. For further information regarding the assets and liabilities included in our consolidated accounts, see Note 4—Variable Interest Entity.

Notes Payable - Future Debt Mat

Notes Payable - Future Debt Maturities (Details) $ in Thousands	Jun. 30, 2017USD ($)
Maturities of Long-term Debt [Abstract]
Remainder of 2017	$ 0
2,018	181,850
2,019	0
2,020	0
2,021	269,000
Total	$ 450,850

Goodwill and Intangible Asset46

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 16,027		$ 16,027		$ 16,027
Goodwill deductible for tax purposes	600		600		$ 600
Amortization expense	$ 46	$ 46	$ 91	$ 91
Weighted average remaining amortization period for the intangible assets			8 years 6 months

Goodwill and Intangible Asset47

Goodwill and Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, accumulated amortization	$ (2,943)	$ (2,852)
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible assets, cost	5,156	5,156
Intangible assets, net	2,213	2,304
Domain names
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets, cost	680	680
Acquired technology
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, cost	946	946
Finite-lived intangible assets, accumulated amortization	(946)	(946)
Finite-lived intangible assets, net	0	0
Non-compete
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, cost	3,404	3,404
Finite-lived intangible assets, accumulated amortization	(1,871)	(1,780)
Finite-lived intangible assets, net	1,533	1,624
Customers
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, cost	126	126
Finite-lived intangible assets, accumulated amortization	(126)	(126)
Finite-lived intangible assets, net	$ 0	$ 0

Goodwill and Intangible Asset48

Goodwill and Intangible Assets - Future Amortization Expense (Details) $ in Thousands	Jun. 30, 2017USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,018	$ 180
2,019	180
2,020	180
2,021	180
2,022	$ 180

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) $ in Millions	Apr. 11, 2017	Dec. 11, 2015	Apr. 30, 2017	Jun. 30, 2017USD ($)shares	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)shares	Jun. 30, 2016USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock split of common shares	2.5	2.5	2.5			2.5
Stock based compensation expense | $				$ 2.1	$ 0.2	$ 2.8	$ 0.4
2016 Omnibus Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares reserved for issuance				6,312,184		6,312,184
Plan expiration period (in years)						10 years
Shares available for grant (in shares)				369,427		369,427

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Option Activity (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, granted, weighted average fair value (in usd per share) | $ / shares	$ 2.88
Stock Option Activity
Options outstanding (in shares) | shares	3,501,412
Options granted (in shares) | shares	111,177
Options exercised (in shares) | shares	(419,915)
Options forfeited (in shares) | shares	(67,002)
Options outstanding (in shares) | shares	3,125,672
Options exercisable at (in shares) | shares	2,742,174
Stock Options, Weighted Average Exercise Price
Options Outstanding, Weighted Average Exercise Price (in usd per share) | $ / shares	$ 4.18
Options Granted, Weighted Average Exercise Price (in usd per share) | $ / shares	8.08
Options Exercised, Weighted Average Exercise Price (in usd per share) | $ / shares	2.14
Options Forfeited, Weighted Average Exercise Price (in usd per share) | $ / shares	5.89
Options Outstanding, Weighted Average Exercise Price (in usd per share) | $ / shares	4.57
Options exercisable, Weighted Average Exercise Price (in usd per share) | $ / shares	$ 4.21
Options Outstanding, Weighted Average Remaining Contractual Life	5 years 11 months 1 day
Options exercisable, Weighted Average Remaining Contractual Life	5 years 7 months 6 days
Options, shares withheld (in shares) | shares	111,177
Options, shares withheld for statutory obligation, aggregate exercise price | $	$ 476
Options, shares withheld for taxes, aggregate exercise price | $	422
Options, unrecognized compensation | $	800
Options exercised during the period, intrinsic value | $	$ 2,500
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation contractual term (in years)	P10Y
Vesting period (in years)	4 years
Stock Options, Weighted Average Exercise Price
Unrecognized compensation, weighted average period for recognition	2 years 1 month 6 days
Stock Option | Vesting as of first anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	25.00%
Stock Option | Vesting each month after first anniversary date
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	2.083%

Stock-Based Compensation - RSU

Stock-Based Compensation - RSU Activity (Details) - RSUs	6 Months Ended
	Jun. 30, 2017USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation contractual term (in years)	P10Y
Nonvested Restricted Stock Unit Activity
Nonvested (in shares) | shares	425,260
Granted (in shares) | shares	2,404,709
Vested (in shares) | shares	0
Forfeited (in shares) | shares	(12,884)
Nonvested (in shares) | shares	2,817,085
Weighted Average Grant Date Fair Value
Nonvested, Weighted Average Grant Date Fair Value (in usd per share) | $ / shares	$ 8.12
Granted, Weighted Average Grant Date Fair Value (in usd per share) | $ / shares	7.49
Vested, Weighted Average Grant Date Fair Value (in usd per share) | $ / shares	0
Forfeited, Weighted Average Grant Date Fair Value (in usd per share) | $ / shares	7.76
Nonvested, Weighted Average Grant Date Fair Value (in usd per share) | $ / shares	$ 7.58
Unrecognized compensation | $	$ 14,000,000
Unrecognized compensation, weighted average period for recognition	3 years 6 months
Total vest-date fair value | $	$ 0
Vesting as of first anniversary
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	25.00%
Vesting each year after first anniversary date
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	25.00%

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) $ in Millions	1 Months Ended		3 Months Ended	6 Months Ended
	Jan. 31, 2017USD ($)	Oct. 31, 2016USD ($)	Mar. 31, 2017USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Probability Weighted Valuation Technique
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
IPO stock price multiplier				0.8
Convertible Term Note | Line of Credit
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Draw on the convertible term notes	$ 15	$ 10	$ 15
Derivative liability	$ 2.5			$ 4.2	$ 1.7

Fair Value Measurements - Level

Fair Value Measurements - Level 3 Rollforward (Details) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended		6 Months Ended
	Jan. 31, 2017	Oct. 31, 2016	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2017	Jun. 30, 2016
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Repayments of debt					$ 84,950	$ 0
Embedded Derivative Liability in Convertible Term Notes
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at	$ 1,750		$ 4,400	$ 1,750	1,750
Additional derivative recognized upon $15.0 million draw on the underlying Convertible Term Note				2,517
Fair value adjustment (Non-Operating expense in the Condensed Consolidated Income Statements)			100	133
Reduction of derivative due to $14.9 million repayment of the underlying Convertible Term Note (Non-Operating expense in the Condensed Consolidated Income Statements)			(2,746)
Balance at			1,754	4,400	1,754
Line of Credit | Convertible Term Note
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Draw on the convertible term notes	$ 15,000	$ 10,000		$ 15,000
Repayments of debt			$ 14,900		$ 14,900

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value Assumptions (Details) - Probability Weighted Valuation Technique	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Cumulative probability for the company’s successful achievement of an IPO, percentage	75.00%
Probability that the convertible term notes will be required to be redeemed at their maturation, percentage	90.00%
Embedded Derivative Liability in Convertible Term Notes | Fair Value, Inputs, Level 3
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Expected life (months)	7 months
Conversion discount percentage		20.00%
Risk-free rate	1.20%	0.92%
Market yield (as a percent)	23.64%	23.86%
Non-marketability discount (as a percent)		9.00%
Non-marketability discount volatility (as a percent)		53.90%
Embedded Derivative Liability in Convertible Term Notes | Minimum | Fair Value, Inputs, Level 3
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Expected life (months)		6 months
Embedded Derivative Liability in Convertible Term Notes | Maximum | Fair Value, Inputs, Level 3
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Expected life (months)		13 months
London Interbank Offered Rate (LIBOR) | Embedded Derivative Liability in Convertible Term Notes | Minimum
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Floating rate	10.30%	10.00%
London Interbank Offered Rate (LIBOR) | Embedded Derivative Liability in Convertible Term Notes | Maximum
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Floating rate	10.49%	10.62%

Income Taxes - Income Tax Expen

Income Taxes - Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Current income tax expense:
Federal	$ 12	$ (7)	$ 155	$ 122
State	181	32	416	157
Total current income tax expense	193	25	571	279
Deferred income tax expense (benefit):
Federal	(711)	(5,424)	565	(255)
State	(98)	(467)	75	(24)
Stock options	0	0	(690)	0
Deductible IPO costs	(804)	0	(804)	0
Total deferred income tax benefit	(1,613)	(5,891)	(854)	(279)
Total income tax benefit	$ (1,420)	$ (5,866)	$ (283)	$ 0

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
Operating Loss Carryforwards [Line Items]
Effective tax rate			51.00%	0.00%
Standard corporate federal income tax rate			35.00%
US cash effective tax rate			9.00%
Operating income	$ 15,333	$ 4,219	$ 36,949	$ 30,735	$ 48,000	$ 9,000
Domestic tax authority
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	28,600		28,600		28,600
Foreign tax authority
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 31,500		$ 31,500		$ 31,500
Minimum
Operating Loss Carryforwards [Line Items]
Look forward period (in years)			3 years		3 years
Maximum
Operating Loss Carryforwards [Line Items]
Look forward period (in years)			5 years		5 years

Commitments Contingencies and57

Commitments Contingencies and Guarantees (Details) - USD ($) $ in Thousands		1 Months Ended
		Jun. 30, 2017	Dec. 31, 2016
Loans and Leases Receivable Disclosure [Line Items]
Lines of credit to customers	[1]	$ 405,619	$ 392,663
Lease term (in years)		7 years
Lease, letter of credit		$ 500
Lease, annual reduction of letter credit		100
Lessee, letter of credit, minimum balance		100
Cash balance securing letter of credit		2,188	1,785
Elastic Product | Unfunded Credit Lines
Loans and Leases Receivable Disclosure [Line Items]
Lines of credit to customers		140,000	110,700
Rise Product | Unfunded Credit Lines
Loans and Leases Receivable Disclosure [Line Items]
Lines of credit to customers		200	0
Financial Standby Letter of Credit
Loans and Leases Receivable Disclosure [Line Items]
Cash balance securing letter of credit		$ 500	$ 0
[1]	These balances include certain assets and liabilities of a variable interest entity (“VIE”) that can only be used to settle the liabilities of that VIE. All assets of the Company are pledged as security for the Company’s outstanding debt, including debt held by the VIE. For further information regarding the assets and liabilities included in our consolidated accounts, see Note 4—Variable Interest Entity.

Operating Segment Information58

Operating Segment Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)segment	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			1
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 150,471	$ 126,780	$ 306,838	$ 257,502
Long-lived assets	37,999		37,999		$ 34,490
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	125,566	103,925	257,086	211,197
Long-lived assets	25,880		25,880		23,141
United Kingdom
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	24,905	$ 22,855	49,752	$ 46,305
Long-lived assets	$ 12,119		$ 12,119		$ 11,349

Related Parties (Details)

Related Parties (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Related Party Transaction [Line Items]
Rent and utility expense	$ 3,519	$ 2,818	$ 6,776	$ 5,553
Accounts payable to related parties	144		144		$ 25
Affiliated Entity
Related Party Transaction [Line Items]
Operating expenses	430	143	724	324
Affiliated Entity | Fees and travel expenses
Related Party Transaction [Line Items]
Operating expenses	120	56	246	150
Affiliated Entity | Stock compensation
Related Party Transaction [Line Items]
Operating expenses	235	12	328	21
Affiliated Entity | Consulting
Related Party Transaction [Line Items]
Operating expenses	75	75	150	153
Affiliated Entity | Think Finance
Related Party Transaction [Line Items]
Rent and utility expense	214	461	459	930
Equipment payments, reduction in capital lease liability	0	$ 112	42	$ 174
Accounts payable to related parties	$ 70		$ 70		$ 21

Subsequent Events (Details)

Subsequent Events (Details) $ in Millions	1 Months Ended
	Aug. 10, 2017USD ($)
ESPV Facility | Subsequent Event
Subsequent Event [Line Items]
Draws on credit facility	$ 21