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SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
6 Months Ended
Jun. 30, 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:
 
 
Three months ended
 June 30,
 
Six months ended
 June 30,
(in thousands)
 
2020
 
2019
 
2020
 
2019
 
 
 
 
 
 
 
 
 
Compensation and benefits
 
$
9,307

 
$
15,238

 
$
21,319

 
$
26,591

Occupancy related costs
 
5,668

 
6,921

 
11,089

 
14,395

Amortization of intangible assets
 
2,840

 
3,544

 
7,049

 
12,191

Professional services
 
3,841

 
3,320

 
6,476

 
8,796

Marketing costs
 
951

 
2,989

 
2,388

 
5,921

Depreciation and amortization
 
544

 
1,682

 
1,213

 
3,115

Other
 
1,550

 
2,822

 
3,260

 
7,433

 
 
 
 
 
 
 
 
 
Total
 
$
24,701

 
$
36,516

 
$
52,794

 
$
78,442