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Accrued Expenses and Other Liabilities
 12 Months Ended
Dec. 31, 2021
Payables and Accruals [Abstract]  
Accrued Expenses And Other Liabilities Accrued Expenses and Other Liabilities
The components of accrued expenses and other liabilities consisted of the following as of December 31,:
20212020
Derivative financial instruments$14,408 $30,891 
Salary and employee benefits31,794 25,800 
FRB courtesy inclearings11,094 5,214 
MPF servicing principal and interest payable5,568 13,668 
Loans subject to unilateral repurchase rights - Ginnie Mae4,189 7,426 
Professional fees2,100 1,727 
Property taxes payable619 561 
Lease terminations458 1,579 
Software incentive payment382 1,037 
Deferred rent3,170 2,503 
Other10,126 8,978 
Total accrued expenses and other liabilities$83,908 $99,384 
For certain loans that we have sold to Ginnie Mae, we as the issuer have the unilateral right to repurchase without Ginnie Mae’s prior authorization any individual loan in a Ginnie Mae securitization pool if that loan meets certain criteria, including being delinquent greater than 90 days. Once we have the unilateral right to repurchase a delinquent loan, we have effectively regained control over the loan, and under U.S. GAAP, must re-recognize the loan on our consolidated balance sheet and establish a corresponding repurchase liability regardless of our intention to repurchase the loan.