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SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
6 Months Ended
Jun. 30, 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, technology, 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)2021202020212020
Compensation and benefits$6,296 $9,307 $14,148 $21,319 
Professional services2,360 3,841 5,578 6,476 
Occupancy related costs2,290 5,668 5,470 11,089 
Amortization of intangible assets2,911 2,840 5,510 7,049 
Marketing costs699 951 1,173 2,388 
Depreciation and amortization352 544 736 1,213 
Other1,648 1,550 2,827 3,260 
Total$16,556 $24,701 $35,442 $52,794