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SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
9 Months Ended
Sep. 30, 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
September 30,
Nine months ended
September 30,
(in thousands)2024202320242023
Compensation and benefits$4,413 $4,906 $14,765 $16,312 
Professional services2,547 1,897 7,160 5,743 
Amortization of intangible assets1,270 1,352 3,810 3,912 
Occupancy related costs801 1,266 2,776 3,924 
Marketing costs489 440 1,536 1,381 
Depreciation and amortization99 129 315 577 
Other1,346 744 4,089 3,320 
Total$10,965 $10,734 $34,451 $35,169