XML 24 R13.htm IDEA: XBRL DOCUMENT v3.22.2
Accrued and Other Liabilities
 6 Months Ended
Jun. 30, 2022
Payables and Accruals [Abstract]  
Accrued and Other Liabilities

NOTE 7. ACCRUED AND OTHER LIABILITIES

Accrued and other current liabilities consist of the following as of the respective period ends:

 

 

June 30,

 

 

December 31,

 

($ in thousands)

 

2022

 

 

2021

 

Payroll and other employee related expenses

 

$

13,313

 

 

$

12,836

 

Marketing

 

 

9,668

 

 

 

5,795

 

Home renovation

 

 

9,117

 

 

 

8,540

 

Franchise and other taxes

 

 

4,122

 

 

 

—

 

Interest

 

 

3,553

 

 

 

3,537

 

Operating lease liabilities

 

 

1,945

 

 

 

1,345

 

Legal and professional obligations

 

 

1,812

 

 

 

1,743

 

Other

 

 

1,882

 

 

 

1,231

 

Accrued and other current liabilities

 

$

45,412

 

 

$

35,027

 

 

The Company incurred advertising expenses of $16.2 million and $11.5 million during the three months ended June 30, 2022 and 2021, respectively, and $30.9 million and $18.9 million during the six months ended June 30, 2022 and 2021, respectively.

Other long-term liabilities as of June 30, 2022 and December 31, 2021 consist of the non-current portion of our operating lease liabilities.