SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

9 Months Ended

Sep. 30, 2016

Selling, General and Administrative Expense [Abstract]

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

Selling, general and administrative expenses include payroll and employee benefits associated with personnel employed in executive, finance, law, compliance, human resources, vendor management, risk management, sales and marketing roles. This category also includes occupancy costs, professional fees, marketing costs, depreciation and amortization of non-operating assets and other expenses. The components of selling, general and administrative expenses were as follows:

	Three months ended  September 30,				Nine months ended  September 30,
(in thousands)	2016		2015		2016		2015
Compensation and benefits	$	14,145	$	13,906	$	42,460	$	40,305
Occupancy related costs	8,903		9,808		26,785		30,509
Amortization of intangible assets	11,465		10,118		36,432		27,995
Professional services	4,097		4,008		17,533		18,637
Marketing costs	9,275		7,325		21,438		18,598
Depreciation and amortization	2,557		2,390		7,514		7,156
Other	3,444		3,783		9,547		12,110
Total	$	53,886	$	51,338	$	161,709	$	155,310