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SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
3 Months Ended
Mar. 31, 2024
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
March 31,
(in thousands)20242023
Compensation and benefits$5,842 $6,030 
Professional services2,531 1,571 
Amortization of intangible assets1,270 1,280 
Occupancy related costs925 1,442 
Marketing costs508 382 
Depreciation and amortization113 244 
Other1,663 1,145 
Total$12,852 $12,094