Quarterly report pursuant to Section 13 or 15(d)

Other Operating Expenses (Notes)

v2.4.0.8
Other Operating Expenses (Notes)
 9 Months Ended
Sep. 30, 2013
Operating Expenses [Abstract]  
Other Operating Expenses
Other Operating Expenses
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