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Operating Expenses (Tables) | 6 Months Ended
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Jun. 30, 2019
Other Income and Expenses [Abstract] |
Components of 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 Tabular disclosure of each detailed component of other operating costs and expenses that are applicable to sales and revenues, but not included in the cost of sales in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.3) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 + Details
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