Corporate Activity and Overhead
Corporate Activity and Overhead includes the following items:
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The operating results of WRCM, the Company's SEC-registered investment advisory subsidiary
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Income earned on certain investment activities
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Interest expense incurred on unsecured debt transactions
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Other product and service offerings that are not considered operating segments
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Corporate Activities and Overhead also includes certain corporate activities and overhead functions related to executive management, human resources, accounting, legal, occupancy, and marketing. These costs are allocated to each operating segment based on estimated use of such activities and services
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