SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

3 Months Ended

Mar. 31, 2015

Selling, General and Administrative Expense [Abstract]

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

Selling, general and administrative expenses include payroll for personnel employed in executive, finance, legal, compliance, human resources, vendor management, risk and operational effectiveness roles.  This category also includes occupancy costs, professional fees and depreciation and amortization on non-operating assets.  The components of selling, general and administrative expenses were as follows for the three months ended March 31:

(in thousands)	2015		2014
Compensation and benefits	$	12,763	$	8,989
Professional services	7,990		3,982
Occupancy related costs	10,654		9,311
Amortization of intangible assets	8,891		9,466
Depreciation and amortization	2,422		1,555
Marketing costs	5,353		5,177
Other	4,333		5,054
Total	$	52,406	$	43,534