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General and Administrative Expenses and Other Expenses (Tables) | 3 Months Ended
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Mar. 31, 2020
Other Income and Expenses [Abstract] |
Components of General and Administrative Expenses and Other Expenses | Components of our general and administrative, and other expenses for the three months ended March 31, 2020 and 2019 are presented in the following table. Table 22.1 – Components of General and Administrative Expenses and Other Expenses
|  | Three Months Ended March 31,
(In Thousands) |  | 2020 |  | 2019
General and Administrative Expenses |  |  |  |
Fixed compensation expense |  | $ | 14,684 |  |  | $ | 8,097 |
Variable compensation expense |  | 11 |  |  | 4,402 |
Equity compensation expense |  | 1,995 |  |  | 2,953 |
Acquisition-related equity compensation expense (1) |  | 1,212 |  |  | — |
Systems and consulting |  | 3,212 |  |  | 1,828 |
Loan acquisition costs (2) |  | 4,726 |  |  | 1,585 |
Office costs |  | 2,108 |  |  | 1,304 |
Accounting and legal |  | 2,216 |  |  | 1,125 |
Corporate costs |  | 671 |  |  | 674 |
Other operating expenses |  | 1,833 |  |  | 1,191 |
Total General and Administrative Expenses |  | 32,668 |  |  | 23,159 |
Other Expenses |  |  |  |
Goodwill impairment expense |  | 88,675 |  |  | — |
Amortization of purchase-related intangible assets |  | 4,309 |  |  | 811 |
Contingent consideration expense (3) |  | 312 |  |  | — |
Other |  | (1,881 | ) |  | 227 |
Total Other Expenses |  | 91,415 |  |  | 1,038 |
Total General and Administrative Expenses and Other Expenses |  | $ | 124,083 |  |  | $ | 24,197 |
(1) | Acquisition-related equity compensation expense relates to 588,260 shares of restricted stock that were issued to members of CoreVest management as a component of the consideration paid to them for our purchase of their interests in CoreVest. The grant date fair value of these restricted stock awards was $10 million, which will be recognized as compensation expense over the two-year vesting period on a straight-line basis in accordance with GAAP.
(2) | Loan acquisition costs primarily includes underwriting and due diligence costs related to the acquisition of residential loans held-for-sale at fair value as well as employee commissions related to our business purpose loan originations.
(3) Contingent consideration expense relates to the acquisition of 5 Arches during 2019. Refer to Note 2 for additional detail.

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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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