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SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | 12 Months Ended
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Dec. 31, 2023
Selling, General and Administrative Expense [Abstract] |
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | SELLING, GENERAL AND ADMINISTRATIVE EXPENSES Selling, general and administrative expenses include payroll and employee benefits associated with personnel employed in executive, sales and marketing, finance, technology, law, compliance, human resources, vendor management, facilities and risk management roles. This category also includes professional services fees, occupancy costs, marketing costs, depreciation and amortization of non-operating assets and other expenses. The components of selling, general and administrative expenses were as follows for the years ended December 31:
(in thousands) |  | 2023 |  | 2022
Compensation and benefits |  | $ | 20,879 |  |  | $ | 22,973 |
Professional services |  | 7,885 |  |  | 11,595 |
Amortization of intangible assets |  | 5,182 |  |  | 5,129 |
Occupancy related costs |  | 4,917 |  |  | 5,000 |
Marketing costs |  | 1,977 |  |  | 3,107 |
Depreciation and amortization |  | 701 |  |  | 1,154 |
Other |  | 4,879 |  |  | 5,797 |
Total |  | $ | 46,420 |  |  | $ | 54,755 |

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