10-Q Filing

MARCUS & MILLICHAP, INC. CIK: 1578732 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-308723`
Period End Date	20140630
Filing Date	20140814
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	mmi-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 70 Cash Flow Statement 75 Stockholders Equity 13 Comprehensive Income 4

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$129.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$99.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$129.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$73.00K	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$19.41M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$20.44M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$104.61M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.11M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Commissions and other receivables, net of allowance for doubtful accounts of $73 and $99 at June 30, 2014 and December 31, 2013, respectively	`CommissionsAndOtherReceivablesNet`	$5.83M	USD	Point-in-time
Commissions and other receivables, net of allowance for doubtful accounts of $73 and $99 at June 30, 2014 and December 31, 2013, respectively	`CommissionsAndOtherReceivablesNet`	$4.12M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Employee notes receivable	`DueFromEmployeesCurrent`	$229.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Employee notes receivable	`DueFromEmployeesCurrent`	$223.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.27M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetCurrent`	$8.66M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetCurrent`	$6.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$123.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$119.16M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Prepaid rent	`LeaseholdImprovementsForLeasedOffice`	$4.24M	USD	Point-in-time
Prepaid rent	`LeaseholdImprovementsForLeasedOffice`	$5.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	36.62M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	36.60M	shares	Point-in-time
Investments held in rabbi trust	`DeferredCompensationPlanAssets`	$4.07M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	36.62M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	36.60M	shares	Point-in-time
Investments held in rabbi trust	`DeferredCompensationPlanAssets`	$4.28M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $20,438 and $19,412 at June 30, 2014 and December 31, 2013, respectively	`PropertyPlantAndEquipmentNet`	$8.26M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $20,438 and $19,412 at June 30, 2014 and December 31, 2013, respectively	`PropertyPlantAndEquipmentNet`	$8.56M	USD	Point-in-time
Employee notes receivable	`DueFromEmployeesNoncurrent`	$189.00K	USD	Point-in-time
Employee notes receivable	`DueFromEmployeesNoncurrent`	$199.00K	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$27.18M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetNoncurrent`	$27.45M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.15M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.92M	USD	Point-in-time
Total assets	`Assets`	$172.12M	USD	Point-in-time
Total assets	`Assets`	$167.31M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$6.33M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$6.91M	USD	Point-in-time
Accounts payable and accrued expenses - related party	`DueToRelatedPartiesCurrent`	$74.00K	USD	Point-in-time
Accounts payable and accrued expenses - related party	`DueToRelatedPartiesCurrent`	$506.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$6.46M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$4.94M	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$851.00K	USD	Point-in-time
Notes payable to former stockholders	`OtherNotesPayableCurrent`	$894.00K	USD	Point-in-time
Commissions payable	`AccruedSalesCommissionCurrent`	$25.09M	USD	Point-in-time
Commissions payable	`AccruedSalesCommissionCurrent`	$15.02M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$16.95M	USD	Point-in-time
Accrued bonuses and other employee related expenses	`EmployeeRelatedLiabilitiesCurrent`	$13.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$40.91M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$56.76M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$30.47M	USD	Point-in-time
Deferred compensation and commissions	`DeferredCompensationAndCommissionsNonCurrent`	$32.18M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$10.61M	USD	Point-in-time
Notes payable to former stockholders	`OtherLongTermNotesPayable`	$11.50M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$5.35M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$104.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$87.34M	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares - 25,000,000; issued and outstanding shares - none at June 30, 2014 and December 31, 2013, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares - 25,000,000; issued and outstanding shares - none at June 30, 2014 and December 31, 2013, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common Stock $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 36,623,781 and 36,600,897 at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common Stock $0.0001 par value: Authorized shares - 150,000,000; issued and outstanding shares - 36,623,781 and 36,600,897 at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$70.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$73.14M	USD	Point-in-time
Stock notes receivable from employees	`StockNotesReceivableFromEmployees`	$9.00K	USD	Point-in-time
Stock notes receivable from employees	`StockNotesReceivableFromEmployees`	$13.00K	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$11.64M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-7.94M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$84.78M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$62.50M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$167.31M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$172.12M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$156.96M	USD	2 Qtrs
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$123.28M	USD	1 Quarter
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$228.03M	USD	2 Qtrs
Real estate brokerage commissions	`RealEstateBrokerageCommissions`	$95.77M	USD	1 Quarter
Financing fees	`FinancingFeesRevenue`	$11.89M	USD	2 Qtrs
Financing fees	`FinancingFeesRevenue`	$14.48M	USD	2 Qtrs
Financing fees	`FinancingFeesRevenue`	$6.87M	USD	1 Quarter
Financing fees	`FinancingFeesRevenue`	$8.38M	USD	1 Quarter
Other revenues	`FeesAndCommissionsOther`	$6.34M	USD	2 Qtrs
Other revenues	`FeesAndCommissionsOther`	$2.60M	USD	1 Quarter
Other revenues	`FeesAndCommissionsOther`	$5.99M	USD	2 Qtrs
Other revenues	`FeesAndCommissionsOther`	$2.83M	USD	1 Quarter
Total revenues	`Revenues`	$174.84M	USD	2 Qtrs
Total revenues	`Revenues`	$105.47M	USD	1 Quarter
Total revenues	`Revenues`	$248.85M	USD	2 Qtrs
Total revenues	`Revenues`	$134.26M	USD	1 Quarter
Cost of services	`CostOfServices`	$79.60M	USD	1 Quarter
Cost of services	`CostOfServices`	$61.46M	USD	1 Quarter
Cost of services	`CostOfServices`	$148.00M	USD	2 Qtrs
Cost of services	`CostOfServices`	$102.68M	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$53.82M	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$32.13M	USD	1 Quarter
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$65.48M	USD	2 Qtrs
Selling, general, and administrative expense	`SellingGeneralAndAdministrativeExpense`	$29.09M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.59M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$811.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$754.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.51M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$158.01M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$91.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$215.07M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$112.54M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$33.79M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$16.83M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$21.73M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$14.17M	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$7.00K	USD	1 Quarter
Other income, net	`NonoperatingIncomeExpense`	$249.00K	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$269.00K	USD	2 Qtrs
Other income, net	`NonoperatingIncomeExpense`	$330.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$401.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$805.00K	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.18M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$21.66M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.07M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.25M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.86M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.17M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.67M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.43M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$8.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.65M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$19.58M	USD	2 Qtrs
Foreign currency translation (loss) gain, net of tax of $28, $0, $2, and $0 for the three months ended June 30, 2014 and 2013 and the six months ended June 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-39.00K	USD	1 Quarter
Foreign currency translation (loss) gain, net of tax of $28, $0, $2, and $0 for the three months ended June 30, 2014 and 2013 and the six months ended June 30, 2014 and 2013, respectively	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$3.00K	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-39.00K	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.58M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.76M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.65M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.01M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.50	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.50	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.85M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	38.85M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.92M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.93M	shares	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$9.65M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$8.01M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.58M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.80M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.59M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$811.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$754.00K	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.51M	USD	2 Qtrs
Provision for bad debt expense	`ProvisionForDoubtfulAccounts`	$-26.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.86M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.49M	USD	2 Qtrs
Deferred taxes, net	`DeferredIncomeTaxExpenseBenefit`	$1.56M	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$127.00K	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-63.00K	USD	2 Qtrs
Commissions and other receivables	`IncreaseDecreaseInCommissionsReceivable`	$-830.00K	USD	2 Qtrs
Commissions and other receivables	`IncreaseDecreaseInCommissionsReceivable`	$1.69M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.07M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$204.00K	USD	2 Qtrs
Prepaid rent	`IncreaseDecreasePrepaidRentLeaseholdImprovements`	$-763.00K	USD	2 Qtrs
Prepaid rent	`IncreaseDecreasePrepaidRentLeaseholdImprovements`	$743.00K	USD	2 Qtrs
Investments in rabbi trust	`IncreaseDecreaseInvestmentsInTrustAccount`	$765.00K	USD	2 Qtrs
Investments in rabbi trust	`IncreaseDecreaseInvestmentsInTrustAccount`	$213.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$799.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-326.00K	USD	2 Qtrs
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$-63.30M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.54M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-581.00K	USD	2 Qtrs
Accounts payable and accrued expenses - related party	`IncreaseDecreaseInDueToRelatedParties`	$-432.00K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-682.00K	USD	2 Qtrs
Commissions payable	`CommissionPayableIncreaseDecrease`	$-10.68M	USD	2 Qtrs
Commissions payable	`CommissionPayableIncreaseDecrease`	$-10.07M	USD	2 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.29M	USD	2 Qtrs
Accrued bonuses and other employee related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-11.27M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-1.71M	USD	2 Qtrs
Deferred compensation and commissions	`DeferredCompensationAndCommissionsIncreaseDecrease`	$-784.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$296.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$994.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$44.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$5.85M	USD	2 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$1.10M	USD	2 Qtrs
Payments received on employee notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$56.00K	USD	2 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$306.00K	USD	2 Qtrs
Issuances of employee notes receivable	`PaymentsToAcquireNotesReceivable`	$60.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.42M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.32M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$32.00K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.32M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.60M	USD	2 Qtrs
Principal payments on notes payable to former stockholders	`RepaymentsOfNotesPayable`	$851.00K	USD	2 Qtrs
Payments on obligations under capital leases	`RepaymentsOfLongTermCapitalLeaseObligations`	$21.00K	USD	2 Qtrs
Payments on obligations under capital leases	`RepaymentsOfLongTermCapitalLeaseObligations`	$16.00K	USD	2 Qtrs
Payments of initial public offering costs	`PaymentsOfStockIssuanceCosts`	$1.82M	USD	2 Qtrs
Dividends paid to Marcus & Millichap Company	`PaymentsOfDividends`	$24.72M	USD	2 Qtrs
Payments received on stock notes receivable from employees	`RepaymentOfNotesReceivableFromRelatedParties`	$109.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-867.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-26.45M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.66M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$16.25M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.36M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$100.95M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.11M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$104.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$104.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$100.95M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.36M	USD	Point-in-time
Interest paid during the period	`InterestPaid`	$619.00K	USD	2 Qtrs
Income taxes paid (paid to former parent in 2013)	`IncomeTaxesPaid`	$12.79M	USD	2 Qtrs
Income taxes paid (paid to former parent in 2013)	`IncomeTaxesPaid`	$11.64M	USD	2 Qtrs
Tax benefit of deductible IPO transaction costs included in income tax payable	`OtherTaxExpenseBenefit`	$-840.00K	USD	2 Qtrs
Deferred offering costs	`NonCashCapitalizedDeferredOfferingCosts`	$168.00K	USD	2 Qtrs
Net change in accounts payable and accrued expenses related to property and equipment additions	`CapitalExpendituresIncurredButNotYetPaid`	$3.00K	USD	2 Qtrs
Issuance of restricted stock for notes receivable	`IssuanceOfRestrictedStockForNotesReceivable`	$21.00K	USD	2 Qtrs
Deemed capital contribution from Marcus & Millichap Company	`DeemedCapitalContributionDistribution`	$1.49M	USD	2 Qtrs

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$84.78M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$62.50M	USD	Point-in-time
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.58M	USD	2 Qtrs
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.76M	USD	1 Quarter
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.65M	USD	2 Qtrs
Net and comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.01M	USD	1 Quarter
Issuance of unvested restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$1.86M	USD	2 Qtrs
Stock-based compensation, Shares	`StockIssuedDuringPeriodSharesShareBasedCompensation`	-	shares	2 Qtrs
Tax benefit of deductible IPO transaction costs	`OtherTaxExpenseBenefit`	$-840.00K	USD	2 Qtrs
Reduction of stock notes receivable from employees.	`PaymentsOnStockNotesReceivableFromEmployees`	$4.00K	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$84.78M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$62.50M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$28.00K	USD	1 Quarter
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation (loss) gain, tax	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$2.00K	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.