The deferred costs activity was as follows:
Year Ended December 31,
(in thousands)
2021
2020
Balance, beginning of year
$
50,595
46,941
Incurred deferred costs
64,076
54,421
Amortized deferred costs
(54,951
)
(50,767
Balance, end of year
59,720
Deferred costs and amortization.
No definition available.