Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies - Business Combination (Details)

v3.22.2.2
Summary of Significant Accounting Policies - Business Combination (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Jul. 09, 2021
Nov. 30, 2020
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jul. 09, 2021
Jun. 30, 2021
Dec. 31, 2021
Narrative Disclosures                
Trust account cash $ 345,000         $ 345,000    
Redemption of common stock $ 192,300       $ 2,004   $ 0  
Shares redeemed (in shares) 19,227,063              
Shares redeemed, price (in dollars per share) $ 10.00              
Business combination expenses     $ 0 $ 2,895 0   6,482  
Fair Value of Net Assets Acquired                
Goodwill     445,756   445,756     $ 445,756
Pro Forma Operating Results                
Revenue     29,590 26,203 57,821   50,990  
Net income (loss) before income taxes     6,928 (20,835) (3,485)   (63,035)  
Income tax benefit (expense)     (1,337) 292 673   2,433  
Noncontrolling interests in (income) loss of consolidated subsidiaries     (2,439) 7,292 1,227   22,062  
Net income (loss) attributable to Class A shareholders     $ 3,152 $ (13,251) $ (1,585)   $ (38,540)  
IPO                
Narrative Disclosures                
Stock issued (in shares)   34,500,000            
Consideration received   $ 345,000            
Payments of stock issuance costs $ 12,100 $ 19,700            
PIPE                
Narrative Disclosures                
Stock issued (in shares) 25,000,000              
Consideration received $ 250,000              
Payments of stock issuance costs $ 7,500              
Class A common stock                
Narrative Disclosures                
Shares redeemed (in shares)     445,232 0 445,232   0  
Sunlight Financial LLC                
Noncontrolling Interest                
Noncontrolling interest percent 34.90%   35.30%   35.30% 34.90%   35.00%
Sunlight Financial LLC                
Narrative Disclosures                
Cash received $ 55,100              
Tax withholding paid related to cash compensation paid to the Company's employees 5,600              
Business combination expenses           $ 7,000    
Payment of acquisition-related advisory fees 7,900              
Purchase Consideration                
Rollover of Sunlight Financial LLC historical warrants 2,499              
Cash consideration to existing Sunlight Financial LLC interests, net 296,281              
Cash paid for seller transaction costs 8,289              
Purchase consideration 664,869              
Fair Value of Net Assets Acquired                
Cash and cash equivalents 59,786         59,786    
Restricted cash 3,844         3,844    
Goodwill 670,457         670,457    
Intangible assets 407,600         407,600    
Property and equipment 1,047         1,047    
Due from affiliates 1,839         1,839    
Other assets 4,561         4,561    
Accounts payable and accrued expenses (19,210)         (19,210)    
Funding commitments (21,485)         (21,485)    
Debt (20,613)         (20,613)    
Due to affiliates (761)         (761)    
Warrants, at fair value 0         0    
Deferred tax liability (42,212)         (42,212)    
Other liabilities (512)         (512)    
Fair value of noncontrolling interests (427,211)         (427,211)    
Fair value of net assets acquired 664,869         664,869    
Equity Consideration                
Acceleration of post business combination expense (3,110)              
Acceleration of post business combination expense, cash portion 0              
Goodwill expected to be tax deductible 149,700         149,700    
Acquired Intangible Assets                
Fair Value 407,600              
Noncontrolling Interest                
Fair value of Class EX units 437,204         437,204    
Less: Post-combination compensation expenses (9,993)              
Noncontrolling interests $ 427,211         $ 427,211    
Sunlight Financial LLC | Contractor relationships                
Acquired Intangible Assets                
Weighted Average Useful Lives (in Years) 11 years 6 months              
Fair Value $ 350,000              
Sunlight Financial LLC | Capital provider relationships                
Acquired Intangible Assets                
Weighted Average Useful Lives (in Years) 9 months 18 days              
Fair Value $ 43,000              
Sunlight Financial LLC | Trademarks/ trade names                
Acquired Intangible Assets                
Weighted Average Useful Lives (in Years) 10 years              
Fair Value $ 7,900              
Sunlight Financial LLC | Developed technology                
Acquired Intangible Assets                
Weighted Average Useful Lives (in Years) 5 years              
Fair Value $ 6,700              
Sunlight Financial LLC | Class A common stock                
Purchase Consideration                
Equity consideration paid to existing Sunlight Financial LLC ownership in Class A Common Stock, net $ 357,800              
Equity Consideration                
Common Class A shares 38,151,192              
Fair value per share (in dollars per share) $ 9.46         $ 9.46    
Equity consideration paid to existing Blocker Holders $ 360,910              
Equity consideration paid to existing Sunlight Financial LLC members, net $ 357,800              
Noncontrolling Interest                
Fair value per unit (in dollars per share) $ 9.46         9.46    
Sunlight Financial LLC | Common Class EX                
Equity Consideration                
Fair value per share (in dollars per share) $ 9.46         9.46    
Noncontrolling Interest                
Common Class EX units (in shares) 46,216,054              
Fair value per unit (in dollars per share) $ 9.46         $ 9.46    
Sunlight Financial LLC | Advances                
Fair Value of Net Assets Acquired                
Advances and Financing receivables $ 42,622         $ 42,622    
Sunlight Financial LLC | Loans and Loan Participations                
Fair Value of Net Assets Acquired                
Advances and Financing receivables $ 5,117         $ 5,117