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10-K Filing

NEWMARK GROUP, INC. CIK: 1690680 FY 2018
Filing Information
Form Type 10-K
Accession Number 0001564590-19-008054
Period End Date 20181231
Filing Date 20190315
Fiscal Year 2018
Fiscal Period FY
XBRL Instance nmrk-20181231.xml
Balance Sheet 67 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $121.03M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $122.47M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $52.35M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $64.93M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $48.94M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $57.62M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $362.63M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $990.86M USD Point-in-time
Receivables, net AccountsAndOtherReceivablesNetCurrent $210.47M USD Point-in-time
Receivables, net AccountsAndOtherReceivablesNetCurrent $451.61M USD Point-in-time
Receivables from related parties AccountsReceivableRelatedParties $20.50M USD Point-in-time
Other current assets (see Note 18) OtherAssetsCurrent $57.74M USD Point-in-time
Other current assets (see Note 18) OtherAssetsCurrent $20.99M USD Point-in-time
Total current assets AssetsCurrent $825.10M USD Point-in-time
Total current assets AssetsCurrent $1.76B USD Point-in-time
Goodwill Goodwill $477.53M USD Point-in-time
Goodwill Goodwill $515.32M USD Point-in-time
Goodwill Goodwill $412.85M USD Point-in-time
Mortgage servicing rights, net MortgagesHeldForSaleFairValueDisclosure $411.81M USD Point-in-time
Mortgage servicing rights, net MortgagesHeldForSaleFairValueDisclosure $392.63M USD Point-in-time
Loans, forgivable loans and other receivables from employees and partners, net DueFromEmployeesNoncurrent $209.55M USD Point-in-time
Loans, forgivable loans and other receivables from employees and partners, net DueFromEmployeesNoncurrent $285.53M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $64.82M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $78.81M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $24.92M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $35.77M USD Point-in-time
Other assets (see Note 18) OtherAssetsNoncurrent $278.46M USD Point-in-time
Other assets (see Note 18) OtherAssetsNoncurrent $369.87M USD Point-in-time
Total assets Assets $2.27B USD Point-in-time
Total assets Assets $3.45B USD Point-in-time
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises WarehouseAgreementBorrowings $972.39M USD Point-in-time
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises WarehouseAgreementBorrowings $360.44M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $205.40M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $366.51M USD Point-in-time
Current portion of accounts payable, accrued expenses and other liabilities (see Note 28) AccountsPayableAndOtherAccruedLiabilitiesCurrent $124.96M USD Point-in-time
Current portion of accounts payable, accrued expenses and other liabilities (see Note 28) AccountsPayableAndOtherAccruedLiabilitiesCurrent $312.24M USD Point-in-time
Securities loaned SecuritiesLoaned $57.62M USD Point-in-time
Current portion of payables to related parties AccountsPayableRelatedPartiesCurrent $34.17M USD Point-in-time
Current portion of payables to related parties AccountsPayableRelatedPartiesCurrent $13.51M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.66B USD Point-in-time
Total current liabilities LiabilitiesCurrent $782.59M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $670.71M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $537.93M USD Point-in-time
Long-term debt payable to related parties NotesPayableRelatedPartiesNoncurrent $412.50M USD Point-in-time
Other long-term liabilities (see Note 28) OtherLiabilitiesNoncurrent $163.79M USD Point-in-time
Other long-term liabilities (see Note 28) OtherLiabilitiesNoncurrent $168.62M USD Point-in-time
Total liabilities Liabilities $2.03B USD Point-in-time
Total liabilities Liabilities $2.37B USD Point-in-time
Commitments and contingencies (see Note 30) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see Note 30) CommitmentsAndContingencies - USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests - USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $26.17M USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $21.10M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $59.37M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $285.07M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $277.95M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $199.49M USD Point-in-time
Total stockholders equity StockholdersEquity $567.57M USD Point-in-time
Total stockholders equity StockholdersEquity $260.41M USD Point-in-time
Noncontrolling interests MinorityInterest $-38.09M USD Point-in-time
Noncontrolling interests MinorityInterest $489.23M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $804.03M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $983.78M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $222.32M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Total liabilities, redeemable partnership interest, and equity LiabilitiesAndStockholdersEquity $2.27B USD Point-in-time
Total liabilities, redeemable partnership interest, and equity LiabilitiesAndStockholdersEquity $3.45B USD Point-in-time
Income Statement 73 line items
Line Item Tag Value Unit Period
Commissions BrokerageCommissionsRevenue $849.42M USD Annual
Commissions BrokerageCommissionsRevenue $1.29B USD Annual
Commissions BrokerageCommissionsRevenue $1.01B USD Annual
Gains from mortgage banking activities/originations, net GainLossOnSaleOfMortgageLoans $182.26M USD Annual
Gains from mortgage banking activities/originations, net GainLossOnSaleOfMortgageLoans $206.00M USD Annual
Gains from mortgage banking activities/originations, net GainLossOnSaleOfMortgageLoans $193.39M USD Annual
Management services, servicing fees and other ManagementServicesServicingFeesAndOther $578.98M USD Annual
Management services, servicing fees and other ManagementServicesServicingFeesAndOther $307.18M USD Annual
Management services, servicing fees and other ManagementServicesServicingFeesAndOther $375.73M USD Annual
Total revenues Revenues $1.60B USD Annual
Total revenues Revenues $2.05B USD Annual
Total revenues Revenues $1.35B USD Annual
Compensation and employee benefits CostDirectLabor $1.01B USD Annual
Compensation and employee benefits CostDirectLabor $1.16B USD Annual
Compensation and employee benefits CostDirectLabor $849.98M USD Annual
Allocations of net income and grant of exchangeability to limited partnership units and FPUs and issuance of common stock AllocationsOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $124.66M USD Annual
Allocations of net income and grant of exchangeability to limited partnership units and FPUs and issuance of common stock AllocationsOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $230.79M USD Annual
Allocations of net income and grant of exchangeability to limited partnership units and FPUs and issuance of common stock AllocationsOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $72.32M USD Annual
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $1.39B USD Annual
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $1.13B USD Annual
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $922.29M USD Annual
Operating, administrative and other GeneralAndAdministrativeExpense $219.16M USD Annual
Operating, administrative and other GeneralAndAdministrativeExpense $331.76M USD Annual
Operating, administrative and other GeneralAndAdministrativeExpense $185.34M USD Annual
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $20.77M USD Annual
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $18.01M USD Annual
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $26.16M USD Annual
Depreciation and amortization DepreciationAndAmortization $72.20M USD Annual
Depreciation and amortization DepreciationAndAmortization $97.73M USD Annual
Depreciation and amortization DepreciationAndAmortization $95.81M USD Annual
Total operating expenses CostsAndExpenses $1.84B USD Annual
Total operating expenses CostsAndExpenses $1.20B USD Annual
Total operating expenses CostsAndExpenses $1.47B USD Annual
Other income OtherOperatingIncome $127.29M USD Annual
Other income OtherOperatingIncome $15.28M USD Annual
Other income OtherOperatingIncome $73.93M USD Annual
Total other income, net OtherOperatingIncomeExpenseNet $127.29M USD Annual
Total other income, net OtherOperatingIncomeExpenseNet $73.93M USD Annual
Total other income, net OtherOperatingIncomeExpenseNet $15.28M USD Annual
Income from operations OperatingIncomeLoss $332.59M USD Annual
Income from operations OperatingIncomeLoss $199.79M USD Annual
Income from operations OperatingIncomeLoss $167.42M USD Annual
Interest (expense) income, net InterestIncomeExpenseNet $3.79M USD Annual
Interest (expense) income, net InterestIncomeExpenseNet $-50.20M USD Annual
Interest (expense) income, net InterestIncomeExpenseNet $2.79M USD Annual
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $171.21M USD Annual
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $282.38M USD Annual
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $202.57M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $3.99M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $90.49M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $57.48M USD Annual
Consolidated net income ProfitLoss $191.90M USD Annual
Consolidated net income ProfitLoss $167.21M USD Annual
Consolidated net income ProfitLoss $145.10M USD Annual
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-1.19M USD Annual
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $604.00K USD Annual
Less: Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $85.17M USD Annual
Net income available to common stockholders NetIncomeLoss $106.73M USD Annual
Net income available to common stockholders NetIncomeLoss $144.49M USD Annual
Net income available to common stockholders NetIncomeLoss $168.40M USD Annual
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $144.49M USD Annual
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $101.64M USD Annual
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $168.40M USD Annual
Basic earnings per share EarningsPerShareBasic $1.08 USD Annual
Basic earnings per share EarningsPerShareBasic $0.65 USD Annual
Basic weighted-average shares of common stock outstanding WeightedAverageNumberOfSharesOutstandingBasic 157.26M shares Annual
Basic weighted-average shares of common stock outstanding WeightedAverageNumberOfSharesOutstandingBasic 133.41M shares Annual
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $105.57M USD Annual
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $117.22M USD Annual
Fully diluted earnings per share EarningsPerShareDiluted $0.85 USD Annual
Fully diluted earnings per share EarningsPerShareDiluted $0.64 USD Annual
Fully diluted weighted-average shares of common stock outstanding WeightedAverageNumberOfDilutedSharesOutstanding 163.81M shares Annual
Fully diluted weighted-average shares of common stock outstanding WeightedAverageNumberOfDilutedSharesOutstanding 138.40M shares Annual
Cash Flow Statement 145 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $191.90M USD Annual
Consolidated net income ProfitLoss $167.21M USD Annual
Consolidated net income ProfitLoss $145.10M USD Annual
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $95.28M USD Annual
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $120.97M USD Annual
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $126.55M USD Annual
Depreciation and amortization DepreciationAndAmortization $72.20M USD Annual
Depreciation and amortization DepreciationAndAmortization $95.81M USD Annual
Depreciation and amortization DepreciationAndAmortization $97.73M USD Annual
Nasdaq Earn-Out NasdaqEarnout $-85.14M USD Annual
Nasdaq Earn-Out NasdaqEarnout $-76.97M USD Annual
Equity-based compensation and allocation of net income to limited partnership units and FPUs and issuance of common stock EquityBasedCompensationAndAllocationOfNetIncomeToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $10.00M USD Annual
Equity-based compensation and allocation of net income to limited partnership units and FPUs and issuance of common stock EquityBasedCompensationAndAllocationOfNetIncomeToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $224.64M USD Annual
Employee loan amortization and reserves AdjustmentForAmortization $25.79M USD Annual
Employee loan amortization and reserves AdjustmentForAmortization $27.74M USD Annual
Employee loan amortization and reserves AdjustmentForAmortization $34.42M USD Annual
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $374.00K USD Annual
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $2.67M USD Annual
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $-17.35M USD Annual
Unrealized gain on measurement alternative investments UnrealizedGainLossOnInvestments $17.90M USD Annual
Unrealized (gains) losses on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $-1.54M USD Annual
Unrealized (gains) losses on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $18.43M USD Annual
Unrealized (gains) losses on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $2.19M USD Annual
Income from an equity method investment IncomeLossFromEquityMethodInvestments $1.56M USD Annual
Income from an equity method investment IncomeLossFromEquityMethodInvestments $2.75M USD Annual
Provision for uncollectible accounts ProvisionForDoubtfulAccounts $3.53M USD Annual
Provision for uncollectible accounts ProvisionForDoubtfulAccounts $-1.10M USD Annual
Provision for uncollectible accounts ProvisionForDoubtfulAccounts $6.10M USD Annual
Deferred tax provision (benefit) DeferredIncomeTaxExpenseBenefit $44.38M USD Annual
Deferred tax provision (benefit) DeferredIncomeTaxExpenseBenefit $-1.14M USD Annual
Deferred tax provision (benefit) DeferredIncomeTaxExpenseBenefit $16.39M USD Annual
Realized gain on marketable securities MarketableSecuritiesRealizedGainLoss $3.26M USD Annual
Unrealized loss on marketable securities MarketableSecuritiesUnrealizedGainLoss $-1.19M USD Annual
Valuation of derivative asset UnrealizedGainLossOnDerivatives $19.00M USD Annual
Valuation of derivative asset UnrealizedGainLossOnDerivatives $-636.00K USD Annual
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $8.61B USD Annual
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $8.84B USD Annual
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $7.69B USD Annual
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $6.98B USD Annual
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $8.00B USD Annual
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $9.56B USD Annual
Other OtherOperatingActivitiesCashFlowStatement $1.24M USD Annual
Other OtherOperatingActivitiesCashFlowStatement $1.59M USD Annual
Other OtherOperatingActivitiesCashFlowStatement $1.37M USD Annual
Consolidated net income (loss), adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $286.47M USD Annual
Consolidated net income (loss), adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $592.43M USD Annual
Consolidated net income (loss), adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $-850.19M USD Annual
Receivables, net IncreaseDecreaseInAccountsReceivable $-9.46M USD Annual
Receivables, net IncreaseDecreaseInAccountsReceivable $129.49M USD Annual
Receivables, net IncreaseDecreaseInAccountsReceivable $57.17M USD Annual
Loans, forgivable loans and other receivables from employees and partners IncreaseDecreaseInDueFromEmployeeCurrent $109.57M USD Annual
Loans, forgivable loans and other receivables from employees and partners IncreaseDecreaseInDueFromEmployeeCurrent $118.22M USD Annual
Loans, forgivable loans and other receivables from employees and partners IncreaseDecreaseInDueFromEmployeeCurrent $34.32M USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $7.64M USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $-36.09M USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $9.92M USD Annual
Accrued compensation IncreaseDecreaseInAccruedSalaries $45.75M USD Annual
Accrued compensation IncreaseDecreaseInAccruedSalaries $29.75M USD Annual
Accrued compensation IncreaseDecreaseInAccruedSalaries $50.20M USD Annual
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $13.10M USD Annual
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $34.92M USD Annual
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $152.88M USD Annual
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-332.37M USD Annual
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-644.15M USD Annual
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $853.64M USD Annual
Payments for acquisitions, net of cash acquired and repurchase of noncontrolling interests PaymentsForProceedsFromPartnersInterestInRealEstatePartnershipNetOfCashAcquired $-2.79M USD Annual
Payments for acquisitions, net of cash acquired and repurchase of noncontrolling interests PaymentsForProceedsFromPartnersInterestInRealEstatePartnershipNetOfCashAcquired $34.51M USD Annual
Payments for acquisitions, net of cash acquired and repurchase of noncontrolling interests PaymentsForProceedsFromPartnersInterestInRealEstatePartnershipNetOfCashAcquired $-518.00K USD Annual
Proceeds from the sale of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $18.71M USD Annual
Proceeds from the sale of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $95.88M USD Annual
Investment in cost method investments PaymentsToAcquireInvestmentInCostMethodInvestments $29.50M USD Annual
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $21.02M USD Annual
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $19.07M USD Annual
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $27.26M USD Annual
Payments to related parties PaymentsToFundLongtermLoansToRelatedParties $175.00M USD Annual
Payments to related parties PaymentsToFundLongtermLoansToRelatedParties $375.00M USD Annual
Borrowings from related parties ProceedsFromCollectionOfLongtermLoansToRelatedParties $375.00M USD Annual
Borrowings from related parties ProceedsFromCollectionOfLongtermLoansToRelatedParties $175.00M USD Annual
Purchase of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $7.68M USD Annual
Purchase of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $2.06M USD Annual
Purchase of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $3.11M USD Annual
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $7.74M USD Annual
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $379.00K USD Annual
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-34.42M USD Annual
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $7.69B USD Annual
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $8.61B USD Annual
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $8.84B USD Annual
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $8.74B USD Annual
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $8.00B USD Annual
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $7.79B USD Annual
Proceeds from BGC's purchase of exchangeable limited partnership units in Newmark Holdings ProceedsFromPartnershipContribution $241.96M USD Annual
Proceeds from issuance of exchangeable preferred partnership units ProceedsFromIssuanceOfPreferredLimitedPartnersUnits $262.17M USD Annual
Payments to related parties RepaymentsOfRelatedPartyDebt $1.45B USD Annual
Payments to related parties RepaymentsOfRelatedPartyDebt $1.19B USD Annual
Payments to related parties RepaymentsOfRelatedPartyDebt $858.43M USD Annual
Borrowings from related parties ProceedsFromRelatedPartyDebt $372.95M USD Annual
Borrowings from related parties ProceedsFromRelatedPartyDebt $1.94B USD Annual
Borrowings from related parties ProceedsFromRelatedPartyDebt $698.92M USD Annual
Proceeds from the IPO, net of underwriting discounts ProceedsFromIssuanceInitialPublicOffering $304.29M USD Annual
Proceeds from the IPO, net of underwriting discounts ProceedsFromIssuanceInitialPublicOffering $-8.87M USD Annual
Borrowing of long-term debt ProceedsFromIssuanceOfLongTermDebt $535.58M USD Annual
Repayment of long-term debt RepaymentsOfLongTermDebt $304.30M USD Point-in-time
Repayment of long-term debt RepaymentsOfLongTermDebt $304.29M USD Annual
Repayment of long-term debt RepaymentsOfLongTermDebt $670.71M USD Annual
Distributions of earnings to BGC PaymentsOfDividendsCommonStock $101.73M USD Annual
Pre-acquisition distributions relating to BPF acquisitions PaymentsOfDistributionsToAffiliates $89.15M USD Annual
Capital contribution from Cantor ProceedsFromIssuanceOfCommonStock $9.19M USD Annual
Securities loaned IncreaseDecreaseInSecuritiesLoanedTransactions $-57.62M USD Annual
Securities loaned IncreaseDecreaseInSecuritiesLoanedTransactions $57.62M USD Annual
Treasury stock repurchases PaymentsForRepurchaseOfCommonStock $486.00K USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $311.00K USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $46.49M USD Annual
Distributions to noncontrolling interests PaymentsToMinorityShareholders $71.00K USD Annual
Distributions to stockholders PaymentsOfCapitalDistribution $41.79M USD Annual
Prepayment penalty on debt PaymentsOfDebtExtinguishmentCosts $6.95M USD Annual
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $18.94M USD Annual
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $4.48M USD Annual
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $11.43M USD Annual
Payment of deferred financing costs PaymentsOfFinancingCosts $1.31M USD Annual
Payment of deferred financing costs PaymentsOfFinancingCosts $1.49M USD Annual
Payment of deferred financing costs PaymentsOfFinancingCosts $1.33M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $336.66M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $635.95M USD Annual
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-798.20M USD Annual
Net increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $12.03M USD Annual
Net increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $55.82M USD Annual
Net increase (decrease) in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-42.62M USD Annual
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $117.55M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $160.17M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $173.37M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $185.41M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $173.37M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $185.41M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $117.55M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $160.17M USD Point-in-time
Interest InterestPaidNet $21.00M USD Annual
Interest InterestPaidNet $11.69M USD Annual
Interest InterestPaidNet $81.84M USD Annual
Taxes IncomeTaxesPaid $46.00K USD Annual
Taxes IncomeTaxesPaid $79.00K USD Annual
Taxes IncomeTaxesPaid $1.17M USD Annual
Net assets contributed by BGC Partners (see Notes 4, 8 and 26) GeneralPartnersContributedCapital $20.90M USD Point-in-time
Net assets contributed by BGC Partners (see Notes 4, 8 and 26) GeneralPartnersContributedCapital $368.42M USD Point-in-time
Debt assumed from BGC (see Note 21) RepaymentsOfAssumedDebt $1.39B USD Annual
Accrued offering costs AccruedOfferingCosts $8.87M USD Annual
Stockholders Equity 33 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $804.03M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $983.78M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $222.32M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Consolidated net income (loss) ProfitLoss $191.90M USD Annual
Consolidated net income (loss) ProfitLoss $167.21M USD Annual
Consolidated net income (loss) ProfitLoss $145.10M USD Annual
Distributions to noncontrolling interests DistributionFromNoncontrollingInterestToAffiliatesInBusinessCombination $311.00K USD Annual
Distributions to BGC and noncontrolling interests DistributionsToParentAndNoncontrollingInterests $190.95M USD Annual
Noncontrolling interests in an entity acquired NoncontrollingInterestIncreaseFromBusinessCombination $19.15M USD Annual
Debt assumed from BGC AssumptionOfDebtFacilitiesFromParent $1.39B USD Annual
Cumulative effect of revenue standard adoption CumulativeEffectOfRevenueStandardAdoption $18.80M USD Annual
Dividends to common stockholders DividendsCommonStockStock $41.79M USD Annual
Preferred dividend on exchangeable preferred partnership units DividendsPreferredStock $5.09M USD Annual
Capital contribution PartnersCapitalAccountContributions $12.85M USD Annual
Capital contribution PartnersCapitalAccountContributions $45.30M USD Annual
Capital contribution PartnersCapitalAccountContributions $368.42M USD Annual
Transfer of pre initial public offering (''IPO'') capital to redeemable partnership interest TemporaryEquityCarryingAmountTransferOfPrePublicOfferingCapitalToRedeemablePartnershipInterests $21.10M USD Annual
Transfer of pre initial public offering (''IPO'') capital to redeemable partnership interest TemporaryEquityCarryingAmountTransferOfPrePublicOfferingCapitalToRedeemablePartnershipInterests - USD Annual
Proceeds from IPO, net of underwriting discounts and other expenses (Class Acommon stock, 23,000,000 shares) StockIssuedDuringPeriodValueNewIssues $295.42M USD Annual
Issuance of contingent shares and limited partnership units in Newmark Holdings IssuanceOfContingentCommonStockAndLimitedPartnershipUnitsForAcquisitions $17.28M USD Annual
Repurchase of 50,000 shares of Class A common stock TreasuryStockValueAcquiredParValueMethod $486.00K USD Annual
BGC's purchase of 16,606,726 exchangeable limited partnership units in Newmark Holdings NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $241.96M USD Annual
Grant of exchangeability, redemption and issuance of limited partnership interests, and issuance of 2,052,183 shares of Class A common stock GrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterestsAndIssuanceOfCommonStockValue $106.20M USD Annual
Issuance of exchangeable preferred partnership units in Newmark Opco NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable $325.48M USD Annual
Earning distributions to limited partnership interests, redeemable partnership interests, and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $61.80M USD Annual
Equity-based compensation (Class A common stock) StockGrantedDuringPeriodValueSharebasedCompensation $788.00K USD Annual
Equity-based compensation (Class A common stock) StockGrantedDuringPeriodValueSharebasedCompensation $10.00M USD Annual
Other StockholdersEquityOther $4.06M USD Annual
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $983.78M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $222.32M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $804.03M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $191.90M USD Annual
Consolidated net income ProfitLoss $167.21M USD Annual
Consolidated net income ProfitLoss $145.10M USD Annual
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $191.90M USD Annual
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $167.21M USD Annual
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $145.10M USD Annual
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $85.17M USD Annual
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $604.00K USD Annual
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $-1.19M USD Annual
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $144.49M USD Annual
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $106.73M USD Annual
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $168.40M USD Annual

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

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