Quarterly report pursuant to Section 13 or 15(d)

General and Administrative Expenses (Tables)

v3.21.2
General and Administrative Expenses (Tables)
6 Months Ended
Jun. 30, 2021
General and Administrative Expense [Abstract]  
Summary of General and Administrative Expenses
General and administrative expenses consisted of the following (in thousands):
 
    
April 1, 2021
to

June 30, 2021
         
January 1, 2021
to

March 31, 2021
    
For the
three months
ended
June 30, 2020
    
For the six
months
ended
June 30, 2020
 
    
Successor
         
Predecessor
 
Title and closing
  
$
25,191
   
 
   $ 25,061      $ 12,682      $ 28,677  
Loan origination expenses
  
 
17,725
   
 
     20,503        14,126        34,573  
Depreciation and amortization
  
 
16,462
   
 
     3,484        3,488        6,957  
Loan portfolio expenses
  
 
15,433
   
 
     15,200        9,426        18,603  
Communications and data processing
  
 
12,568
   
 
     11,324        8,025        14,327  
Securitization expenses
  
 
10,831
   
 
     6,944        8,349        8,349  
Business development
  
 
9,647
   
 
     10,607        9,321        17,590  
Licensing and insurance
  
 
3,457
   
 
     2,487        1,474        3,266  
Fair value change in deferred purchase price liability
  
 
1,760
   
 
     30        (62      —    
Other expenses
  
 
6,227
   
 
     31,577        14,385        27,438  
    
 
 
        
 
 
    
 
 
    
 
 
 
Total general and administrative expenses
  
$
119,301
         $ 127,217      $ 81,214      $ 159,780