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SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
12 Months Ended
Dec. 31, 2013
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES  
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

17.  SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

 

Selling, general and administrative expenses include payroll for personnel employed in executive, finance, legal, human resources, vendor management, risk and operational effectiveness roles.  This category also includes occupancy costs, professional fees and depreciation and amortization on non-operating assets.  The components of selling, general and administrative expenses were as follows for the years ended December 31:

 

(in thousands)

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

Compensation and benefits

 

$

27,864

 

$

21,166

 

$

22,327

 

Professional services

 

8,022

 

9,864

 

6,658

 

Occupancy related costs

 

28,424

 

24,041

 

17,824

 

Amortization of intangible assets

 

28,176

 

5,030

 

5,291

 

Depreciation and amortization

 

4,633

 

2,609

 

2,097

 

Other

 

16,691

 

12,002

 

7,934

 

 

 

 

 

 

 

 

 

Total

 

$

113,810

 

$

74,712

 

$

62,131