Quarterly report pursuant to Section 13 or 15(d)

Other Operating Expenses (Tables)

v2.4.0.8
Other Operating Expenses (Tables)
 9 Months Ended
Sep. 30, 2013
Operating Expenses [Abstract]  
Schedule of Other Operating Cost and Expense, by Component [Table Text Block]
Components of the Company’s other operating expenses for the three and nine months ended September 30, 2013 and 2012, are presented in the following table:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in thousands)
2013
 
2012
 
2013
 
2012
Other operating expenses:
 
 
 
 
 
 
 
General and administrative
$
7,754

 
$
3,418

 
$
20,069

 
$
9,789

Directors and officers’ insurance
201

 
204

 
603

 
493

Professional fees
1,200

 
332

 
4,223

 
1,141

Subservicing expenses
862

 
—

 
1,169

 
—

Total other operating expenses
$
10,017

 
$
3,954

 
$
26,064

 
$
11,423