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SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
 6 Months Ended
Jun. 30, 2025
Selling, General and Administrative Expense [Abstract]  
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
Selling, general and administrative expenses includes 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:
Three months ended
June 30,
Six months ended
June 30,
(in thousands)2025202420252024
Compensation and benefits$5,008 $4,510 $9,905 $10,352 
Professional services808 2,082 2,428 4,613 
Amortization of intangible assets1,270 1,270 2,540 2,540 
Occupancy related costs866 1,050 1,666 1,975 
Marketing costs599 539 1,126 1,047 
Depreciation and amortization60 103 124 216 
Other1,185 1,080 2,087 2,743 
Total$9,796 $10,634 $19,876 $23,486