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General and administrative expenses
9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2013
General and Administrative Expense [Abstract]    
General and administrative expenses
General and administrative expenses
General and administrative expenses for the three and nine months ended September 30, 2014 and 2013 are as follows:
 
For the three months ended
 
For the nine months ended
 
September 30,
2014
 
September 30,
2013
 
September 30,
2014
 
September 30,
2013
 
($ in thousands)
Payroll and related
$
4,184

 
$
3,382

 
$
12,409

 
$
10,086

Share compensation expenses
2,481

 
4,143

 
6,979

 
7,611

Legal and accounting
1,462

 
905

 
3,559

 
1,900

Travel and entertainment
672

 
548

 
2,247

 
1,618

IT related
329

 
320

 
1,121

 
904

Corporate insurance
273

 
275

 
862

 
487

Credit facility fees
200

 
84

 
606

 
444

Director and board costs
193

 
28

 
489

 
86

Occupancy
124

 
123

 
409

 
348

Other general and administrative expenses
206

 
38

 
1,017

 
587

 
$
10,124

 
$
9,846

 
$
29,698

 
$
24,071

General and administrative expenses
General and administrative expenses for the years ended December 31, 2013 and 2012 and period from October 6, 2011 (incorporation date) to December 31, 2011 are as follows:
 
 
2013
 
2012
 
2011
 
($ in thousands)
Payroll and related
 
$
13,490

 
$
13,780

 
$
698

Share compensation expenses
 
9,800

 
6,408

 

Legal and accounting
 
3,312

 
1,436

 
149

Travel and entertainment
 
2,473

 
1,887

 

IT related
 
1,290

 
1,417

 

Corporate insurance
 
744

 
365

 

Credit facility fees
 
605

 
677

 

Occupancy
 
420

 
595

 
34

Director and board costs
 
213

 
236

 

Other general and administrative expenses
 
689

 
575

 
249

 
 
$
33,036

 
$
27,376

 
$
1,130