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Components of Operating Expenses (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Business Acquisition [Line Items] |  |  |  |
Fixed compensation expense | $ 13,073 | $ 12,786 | $ 29,330 | $ 28,145
Annual variable compensation expense | 4,051 | 3,187 | 6,968 | 7,192
Long-term incentive award expense | 7,338 | 6,237 | 13,825 | 14,179
Systems and consulting | 3,254 | 2,854 | 6,455 | 5,966
Office costs | 2,076 | 2,289 | 4,158 | 4,329
Accounting and legal | 789 | 1,176 | 2,006 | 2,095
Corporate costs | 985 | 957 | 1,857 | 1,886
Other | 1,718 | 1,319 | 3,254 | 2,568
Total General and Administrative Expenses | 33,284 | 30,805 | 67,853 | 66,360
Portfolio Management Costs | 4,864 | 3,100 | 8,461 | 6,610
Commissions | 1,571 | 1,023 | 2,452 | 1,851
Underwriting costs | 1,039 | 219 | 1,721 | 461
Transfer and holding costs | 1,054 | 202 | 1,728 | 421
Total Loan Acquisition Costs | 3,664 | 1,444 | 5,901 | 2,733
Amortization of purchase-related intangible assets | 2,202 | 3,107 | 5,007 | 6,214
Other | 2,975 | 1,868 | 3,531 | 2,445
Total Other Expenses | 5,177 | 4,975 | 8,538 | 8,659
Total Operating Expenses | 46,989 | 40,324 | 90,753 | 84,362
Severance and transition-related expenses |  |  | 2,000 | 1,000
Equity amortization expense |  |  | 1,000 | 1,000
Settlement in Common Stock |  |  |  |
Business Acquisition [Line Items] |  |  |  |
Long-term incentive award expense | 5,000 | 4,000 | 11,000 | 10,000
Settlement in Cash |  |  |  |
Business Acquisition [Line Items] |  |  |  |
Long-term incentive award expense | $ 2,000 | $ 1,000 | $ 3,000 | $ 3,000

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