SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

3 Months Ended

Mar. 31, 2021

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)	2021		2020
Compensation and benefits	$	7,852	$	12,012
Professional services	3,218		2,635
Occupancy related costs	3,180		5,421
Amortization of intangible assets	2,599		4,209
Marketing costs	474		1,437
Depreciation and amortization	384		669
Other	1,179		1,710
Total	$	18,886	$	28,093