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Operating Expenses | 6 Months Ended
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Jun. 30, 2019
Other Income and Expenses [Abstract] |
Operating Expenses | Operating Expenses Components of our operating expenses for the three and six months ended June 30, 2019 and 2018 are presented in the following table. Table 22.1 – Components of Operating Expenses
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
(In Thousands) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Fixed compensation expense |  | $ | 9,252 |  |  | $ | 5,775 |  |  | $ | 17,457 |  |  | $ | 12,214 |
Variable compensation expense |  | 4,021 |  |  | 1,825 |  |  | 8,423 |  |  | 8,732 |
Equity compensation expense |  | 4,024 |  |  | 3,835 |  |  | 6,977 |  |  | 6,532 |
Total compensation expense |  | 17,297 |  |  | 11,435 |  |  | 32,857 |  |  | 27,478 |
Systems and consulting |  | 2,536 |  |  | 1,774 |  |  | 4,364 |  |  | 3,640 |
Loan acquisition costs (1) |  | 1,516 |  |  | 2,155 |  |  | 2,993 |  |  | 3,973 |
Office costs |  | 1,585 |  |  | 1,084 |  |  | 2,889 |  |  | 2,224 |
Accounting and legal |  | 960 |  |  | 1,074 |  |  | 2,085 |  |  | 1,908 |
Corporate costs |  | 545 |  |  | 496 |  |  | 1,219 |  |  | 1,000 |
Other operating expenses |  | 1,816 |  |  | 991 |  |  | 3,007 |  |  | 1,816 |
Total Operating Expenses |  | $ | 26,255 |  |  | $ | 19,009 |  |  | $ | 49,414 |  |  | $ | 42,039 |
(1) Loan acquisition costs primarily includes underwriting and due diligence costs related to the acquisition of residential loans held-for-sale at fair value.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI http://asc.fasb.org/topic&trid=2122503 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI http://asc.fasb.org/topic&trid=49130413 + Details
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