SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

3 Months Ended

Mar. 31, 2020

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, sales and marketing, finance, law, compliance, human resources, vendor management, facilities and risk management roles. This category also includes professional services fees, occupancy costs, marketing costs, depreciation and amortization of non-operating assets and other expenses. The components of selling, general and administrative expenses were as follows for the three months ended March 31:

(in thousands)	2020		2019
Compensation and benefits	$	12,012	$	11,353
Occupancy related costs	5,421		7,474
Amortization of intangible assets	4,209		8,647
Professional services	2,635		5,476
Marketing costs	1,437		2,932
Depreciation and amortization	669		1,433
Other	1,710		4,611
Total	$	28,093	$	41,926