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v3.23.2

Components of Operating Expenses - Components of General and Administrative Expenses and Other Expenses (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Business Acquisition [Line Items] |  |  |  |
Fixed compensation expense | $ 12,786 | $ 12,110 | $ 28,145 | $ 26,738
Annual variable compensation expense | 3,187 | 1,811 | 7,192 | 5,168
Long-term incentive award expense | 6,237 | 5,532 | 14,179 | 11,192
Systems and consulting | 2,854 | 3,703 | 5,966 | 6,887
Office costs | 2,289 | 2,083 | 4,329 | 4,108
Accounting and legal | 1,176 | 1,576 | 2,095 | 3,251
Corporate costs | 957 | 1,000 | 1,886 | 1,864
Other | 1,319 | 2,384 | 2,568 | 4,267
Total General and Administrative Expenses | 30,805 | 30,199 | 66,360 | 63,475
Portfolio Management Costs | 3,100 | 1,767 | 6,610 | 3,345
Loan Acquisition Costs | 1,444 | 3,480 | 2,733 | 7,945
Amortization of purchase-related intangible assets | 3,107 | 3,306 | 6,214 | 6,840
Other | 1,868 | 162 | 2,445 | 713
Total Other Expenses | 4,975 | 3,468 | 8,659 | 7,553
Total Operating Expenses | 40,324 | 38,914 | 84,362 | 82,318
Severance and transition-related expenses | 1,000 |  | 2,000 |
Settlement in Common Stock |  |  |  |
Business Acquisition [Line Items] |  |  |  |
Long-term incentive award expense | 4,000 | 5,000 | 10,000 | 10,000
Settlement in Cash |  |  |  |
Business Acquisition [Line Items] |  |  |  |
Long-term incentive award expense | $ 1,000 | $ 400 | $ 3,000 | $ 1,000

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