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10-Q Filing

NEWMARK GROUP, INC. CIK: 1690680 Q2 2019
Filing Information
Form Type 10-Q
Accession Number 0001564590-19-030941
Period End Date 20190630
Filing Date 20190809
Fiscal Year 2019
Fiscal Period Q2
XBRL Instance nmrk-10q_20190630_htm.xml
Balance Sheet 69 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $122.47M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $107.67M USD Point-in-time
Restricted cash and cash equivalents RestrictedCashAndCashEquivalentsAtCarryingValue $57.66M USD Point-in-time
Restricted cash and cash equivalents RestrictedCashAndCashEquivalentsAtCarryingValue $64.93M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $48.94M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $33.66M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $990.86M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $818.91M USD Point-in-time
Receivables, net AccountsAndOtherReceivablesNetCurrent $466.85M USD Point-in-time
Receivables, net AccountsAndOtherReceivablesNetCurrent $451.61M USD Point-in-time
Receivables from related parties AccountsReceivableRelatedParties $20.50M USD Point-in-time
Receivables from related parties AccountsReceivableRelatedParties $1.24M USD Point-in-time
Other current assets (see Note 19) OtherAssetsCurrent $57.74M USD Point-in-time
Other current assets (see Note 19) OtherAssetsCurrent $79.39M USD Point-in-time
Total current assets AssetsCurrent $1.76B USD Point-in-time
Total current assets AssetsCurrent $1.57B USD Point-in-time
Goodwill Goodwill $543.12M USD Point-in-time
Goodwill Goodwill $515.32M USD Point-in-time
Goodwill Goodwill $477.53M USD Point-in-time
Mortgage servicing rights, net MortgagesHeldForSaleFairValueDisclosure $411.81M USD Point-in-time
Mortgage servicing rights, net MortgagesHeldForSaleFairValueDisclosure $400.78M USD Point-in-time
Loans, forgivable loans and other receivables from employees and partners, net DueFromEmployeesNoncurrent $320.40M 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 $78.81M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $83.54M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $35.77M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $35.25M USD Point-in-time
Other assets (see Note 19) OtherAssetsNoncurrent $558.38M USD Point-in-time
Other assets (see Note 19) OtherAssetsNoncurrent $369.87M USD Point-in-time
Total assets Assets $3.51B 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 $793.19M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $339.58M 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 29) AccountsPayableAndOtherAccruedLiabilitiesCurrent $330.08M USD Point-in-time
Current portion of accounts payable, accrued expenses and other liabilities (see Note 29) AccountsPayableAndOtherAccruedLiabilitiesCurrent $312.24M USD Point-in-time
Securities loaned SecuritiesLoaned $33.66M USD Point-in-time
Current portion of payables to related parties AccountsPayableRelatedPartiesCurrent $25.51M USD Point-in-time
Current portion of payables to related parties AccountsPayableRelatedPartiesCurrent $13.51M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.52B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.66B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $582.84M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $537.93M USD Point-in-time
Other long-term liabilities (see Note 29) OtherLiabilitiesNoncurrent $168.62M USD Point-in-time
Other long-term liabilities (see Note 29) OtherLiabilitiesNoncurrent $359.27M USD Point-in-time
Total liabilities Liabilities $2.37B USD Point-in-time
Total liabilities Liabilities $2.46B USD Point-in-time
Commitments and contingencies (see Note 31) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see Note 31) CommitmentsAndContingencies - USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $21.10M USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $26.71M USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $26.17M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $285.07M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $292.44M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $277.12M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $277.95M USD Point-in-time
Total stockholders equity StockholdersEquity $559.92M USD Point-in-time
Total stockholders equity StockholdersEquity $567.57M USD Point-in-time
Noncontrolling interests MinorityInterest $456.08M USD Point-in-time
Noncontrolling interests MinorityInterest $489.23M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $757.39M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $531.58M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $222.32M USD Point-in-time
Total liabilities, redeemable partnership interests, and equity LiabilitiesAndStockholdersEquity $3.51B USD Point-in-time
Total liabilities, redeemable partnership interests, and equity LiabilitiesAndStockholdersEquity $3.45B USD Point-in-time
Income Statement 108 line items
Line Item Tag Value Unit Period
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $200.00K USD 2 Qtrs
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $200.00K USD 1 Quarter
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $6.40M USD 2 Qtrs
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $3.20M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $621.40M USD 2 Qtrs
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $346.13M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $279.83M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $540.57M USD 2 Qtrs
Gains from mortgage banking activities/originations, net GainLossOnSaleOfMortgageLoans $41.88M USD 1 Quarter
Gains from mortgage banking activities/originations, net GainLossOnSaleOfMortgageLoans $45.09M USD 1 Quarter
Gains from mortgage banking activities/originations, net GainLossOnSaleOfMortgageLoans $76.44M USD 2 Qtrs
Gains from mortgage banking activities/originations, net GainLossOnSaleOfMortgageLoans $80.79M USD 2 Qtrs
Management services, servicing fees and other ManagementServicesServicingFeesAndOther $160.26M USD 1 Quarter
Management services, servicing fees and other ManagementServicesServicingFeesAndOther $275.72M USD 2 Qtrs
Management services, servicing fees and other ManagementServicesServicingFeesAndOther $301.30M USD 2 Qtrs
Management services, servicing fees and other ManagementServicesServicingFeesAndOther $144.91M USD 1 Quarter
Revenues Revenues $897.08M USD 2 Qtrs
Revenues Revenues $466.62M USD 1 Quarter
Revenues Revenues $551.48M USD 1 Quarter
Revenues Revenues $999.13M USD 2 Qtrs
Compensation and employee benefits CostDirectLabor $316.74M USD 1 Quarter
Compensation and employee benefits CostDirectLabor $580.09M USD 2 Qtrs
Compensation and employee benefits CostDirectLabor $527.73M USD 2 Qtrs
Compensation and employee benefits CostDirectLabor $266.64M USD 1 Quarter
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnits $53.22M USD 2 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnits $39.35M USD 1 Quarter
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnits $84.78M USD 2 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnits $67.37M USD 1 Quarter
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $356.09M USD 1 Quarter
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $334.01M USD 1 Quarter
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $633.31M USD 2 Qtrs
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $612.51M USD 2 Qtrs
Operating, administrative and other GeneralAndAdministrativeExpense $101.75M USD 1 Quarter
Operating, administrative and other GeneralAndAdministrativeExpense $155.47M USD 2 Qtrs
Operating, administrative and other GeneralAndAdministrativeExpense $189.64M USD 2 Qtrs
Operating, administrative and other GeneralAndAdministrativeExpense $80.05M USD 1 Quarter
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $13.20M USD 2 Qtrs
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $7.22M USD 1 Quarter
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $6.30M USD 1 Quarter
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $13.95M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $42.71M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $61.73M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $33.42M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $20.20M USD 1 Quarter
Total operating expenses CostsAndExpenses $823.89M USD 2 Qtrs
Total operating expenses CostsAndExpenses $898.63M USD 2 Qtrs
Total operating expenses CostsAndExpenses $498.49M USD 1 Quarter
Total operating expenses CostsAndExpenses $440.56M USD 1 Quarter
Other income (loss), net OtherOperatingIncomeExpense $-13.44M USD 2 Qtrs
Other income (loss), net OtherOperatingIncomeExpense $5.34M USD 2 Qtrs
Other income (loss), net OtherOperatingIncomeExpense $-365.00K USD 1 Quarter
Other income (loss), net OtherOperatingIncomeExpense $-3.73M USD 1 Quarter
Total other income (loss), net OtherOperatingIncomeExpenseNet $-365.00K USD 1 Quarter
Total other income (loss), net OtherOperatingIncomeExpenseNet $-3.73M USD 1 Quarter
Total other income (loss), net OtherOperatingIncomeExpenseNet $5.34M USD 2 Qtrs
Total other income (loss), net OtherOperatingIncomeExpenseNet $-13.44M USD 2 Qtrs
Income from operations OperatingIncomeLoss $87.06M USD 2 Qtrs
Income from operations OperatingIncomeLoss $25.70M USD 1 Quarter
Income from operations OperatingIncomeLoss $78.53M USD 2 Qtrs
Income from operations OperatingIncomeLoss $49.27M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-15.78M USD 2 Qtrs
Interest expense, net InterestIncomeExpenseNet $-8.08M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-10.58M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-23.99M USD 2 Qtrs
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $71.28M USD 2 Qtrs
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $15.12M USD 1 Quarter
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $54.54M USD 2 Qtrs
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $41.19M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $9.12M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $15.81M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $17.75M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $10.82M USD 1 Quarter
Consolidated net income ProfitLoss $36.78M USD 2 Qtrs
Consolidated net income ProfitLoss $32.06M USD 1 Quarter
Consolidated net income ProfitLoss $4.29M USD 1 Quarter
Consolidated net income ProfitLoss $55.47M USD 2 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $16.05M USD 2 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $15.90M USD 2 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $3.56M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $9.40M USD 1 Quarter
Net income available to common stockholders NetIncomeLoss $739.00K USD 1 Quarter
Net income available to common stockholders NetIncomeLoss $39.57M USD 2 Qtrs
Net income available to common stockholders NetIncomeLoss $22.67M USD 1 Quarter
Net income available to common stockholders NetIncomeLoss $20.74M USD 2 Qtrs
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $33.12M USD 2 Qtrs
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $20.54M USD 2 Qtrs
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $19.44M USD 1 Quarter
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $546.00K USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.13 USD 2 Qtrs
Basic earnings per share EarningsPerShareBasic $0.11 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.19 USD 2 Qtrs
Basic earnings per share EarningsPerShareBasic - USD 1 Quarter
Basic weighted-average shares of common stock outstanding WeightedAverageNumberOfSharesOutstandingBasic 178.75M shares 1 Quarter
Basic weighted-average shares of common stock outstanding WeightedAverageNumberOfSharesOutstandingBasic 155.45M shares 2 Qtrs
Basic weighted-average shares of common stock outstanding WeightedAverageNumberOfSharesOutstandingBasic 178.68M shares 2 Qtrs
Basic weighted-average shares of common stock outstanding WeightedAverageNumberOfSharesOutstandingBasic 155.16M shares 1 Quarter
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $546.00K USD 1 Quarter
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $33.12M USD 2 Qtrs
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $32.56M USD 2 Qtrs
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $23.31M USD 1 Quarter
Fully diluted earnings per share EarningsPerShareDiluted - USD 1 Quarter
Fully diluted earnings per share EarningsPerShareDiluted $0.11 USD 1 Quarter
Fully diluted earnings per share EarningsPerShareDiluted $0.13 USD 2 Qtrs
Fully diluted earnings per share EarningsPerShareDiluted $0.18 USD 2 Qtrs
Fully diluted weighted-average shares of common stock outstanding WeightedAverageNumberOfDilutedSharesOutstanding 179.43M shares 2 Qtrs
Fully diluted weighted-average shares of common stock outstanding WeightedAverageNumberOfDilutedSharesOutstanding 208.15M shares 1 Quarter
Fully diluted weighted-average shares of common stock outstanding WeightedAverageNumberOfDilutedSharesOutstanding 155.94M shares 1 Quarter
Fully diluted weighted-average shares of common stock outstanding WeightedAverageNumberOfDilutedSharesOutstanding 252.80M shares 2 Qtrs
Cash Flow Statement 106 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $36.78M USD 2 Qtrs
Consolidated net income ProfitLoss $32.06M USD 1 Quarter
Consolidated net income ProfitLoss $4.29M USD 1 Quarter
Consolidated net income ProfitLoss $55.47M USD 2 Qtrs
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $31.73M USD 2 Qtrs
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $38.69M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $42.71M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $61.73M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $33.42M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $20.20M USD 1 Quarter
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationOfNetIncomeToLimitedPartnershipUnitsAndFPUs $53.22M USD 2 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationOfNetIncomeToLimitedPartnershipUnitsAndFPUs $84.78M USD 2 Qtrs
Employee loan amortization AdjustmentForAmortization $11.61M USD 2 Qtrs
Employee loan amortization AdjustmentForAmortization $18.50M USD 2 Qtrs
Deferred tax provision DeferredIncomeTaxExpenseBenefit $956.00K USD 2 Qtrs
Deferred tax provision DeferredIncomeTaxExpenseBenefit $4.39M USD 2 Qtrs
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $353.00K USD 2 Qtrs
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $431.00K USD 2 Qtrs
Unrealized gains on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $7.29M USD 2 Qtrs
Unrealized gains on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $25.70M USD 2 Qtrs
Income from an equity method investment IncomeLossFromEquityMethodInvestments $4.75M USD 2 Qtrs
Income from an equity method investment IncomeLossFromEquityMethodInvestments $5.02M USD 2 Qtrs
Provision for uncollectible accounts ProvisionForDoubtfulAccounts $1.65M USD 2 Qtrs
Provision for uncollectible accounts ProvisionForDoubtfulAccounts $2.22M USD 2 Qtrs
Realized gains on marketable securities MarketableSecuritiesRealizedGainLoss $900.00K USD 1 Quarter
Realized gains on marketable securities MarketableSecuritiesRealizedGainLoss $1.49M USD 2 Qtrs
Realized gains on marketable securities MarketableSecuritiesRealizedGainLoss $1.81M USD 2 Qtrs
Realized gains on marketable securities MarketableSecuritiesRealizedGainLoss $1.90M USD 1 Quarter
Unrealized gains on marketable securities MarketableSecuritiesUnrealizedGainLoss $5.11M USD 2 Qtrs
Unrealized gains on marketable securities MarketableSecuritiesUnrealizedGainLoss $1.44M USD 2 Qtrs
Unrealized gain on measurement alternative investments UnrealizedGainLossOnInvestments $3.93M USD 2 Qtrs
Changes in valuation of derivative asset UnrealizedGainLossOnDerivatives $-2.81M USD 2 Qtrs
Changes in valuation of derivative asset UnrealizedGainLossOnDerivatives $-28.97M USD 2 Qtrs
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $3.50B USD 2 Qtrs
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $2.66B USD 2 Qtrs
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $3.70B USD 2 Qtrs
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $2.48B USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $2.04M USD 2 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $509.00K USD 2 Qtrs
Consolidated net income (loss), adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $38.86M USD 2 Qtrs
Consolidated net income (loss), adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $-340.64M USD 2 Qtrs
Receivables, net IncreaseDecreaseInAccountsReceivable $14.88M USD 2 Qtrs
Receivables, net IncreaseDecreaseInAccountsReceivable $44.49M USD 2 Qtrs
Loans, forgivable loans and other receivables from employees and partners IncreaseDecreaseInDueFromEmployeeCurrent $53.81M USD 2 Qtrs
Loans, forgivable loans and other receivables from employees and partners IncreaseDecreaseInDueFromEmployeeCurrent $49.91M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $24.67M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $43.49M USD 2 Qtrs
Accrued compensation IncreaseDecreaseInAccruedSalaries $-2.92M USD 2 Qtrs
Accrued compensation IncreaseDecreaseInAccruedSalaries $-41.62M USD 2 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $39.86M USD 2 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $31.77M USD 2 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-120.99M USD 2 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $218.61M USD 2 Qtrs
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $16.20M USD 2 Qtrs
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $5.25M USD 2 Qtrs
Proceeds from the sale of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $22.20M USD 2 Qtrs
Proceeds from the sale of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $51.43M USD 2 Qtrs
Purchases of non-marketable investments PaymentsToAcquireNonMarketableInvestments $20.10M USD 2 Qtrs
Purchases of non-marketable investments PaymentsToAcquireNonMarketableInvestments $22.50M USD 2 Qtrs
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $9.13M USD 2 Qtrs
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $10.74M USD 2 Qtrs
Purchases of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $722.00K USD 2 Qtrs
Purchases of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $1.61M USD 2 Qtrs
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-25.56M USD 2 Qtrs
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $12.94M USD 2 Qtrs
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $3.50B USD 2 Qtrs
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $2.66B USD 2 Qtrs
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $3.68B USD 2 Qtrs
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $2.48B USD 2 Qtrs
Proceeds from BGC's purchase of exchangeable limited partnership units in Newmark Holdings ProceedsFromPartnershipContribution $241.96M USD 2 Qtrs
Proceeds from issuance of exchangeable preferred partnership units ProceedsFromIssuanceOfPreferredLimitedPartnersUnits $152.89M USD 2 Qtrs
Payments to related parties RepaymentsOfRelatedPartyDebt $3.76M USD 2 Qtrs
Payments to related parties RepaymentsOfRelatedPartyDebt $18.00M USD 2 Qtrs
Borrowings from related parties ProceedsFromRelatedPartyDebt $251.23M USD 2 Qtrs
Settlement of pre-Spin-Off related party receivables ProceedsFromSettlementOfPreSpinOffRelatedPartyReceivables $33.89M USD 2 Qtrs
Fees relating to the IPO PaymentsForRepurchaseOfInitialPublicOffering $8.87M USD 2 Qtrs
Repayment of debt RepaymentsOfDebt $65.00M USD 2 Qtrs
Repayment of debt RepaymentsOfDebt $423.56M USD 2 Qtrs
Borrowings of debt ProceedsFromIssuanceOfDebt $110.00M USD 2 Qtrs
Securities loaned IncreaseDecreaseInSecuritiesLoanedTransactions $33.66M USD 2 Qtrs
Securities loaned IncreaseDecreaseInSecuritiesLoanedTransactions $-48.50M USD 2 Qtrs
Earnings distributions to limited partnership interests and noncontrolling interests PaymentsOfDividendsMinorityInterest $93.87M USD 2 Qtrs
Earnings distributions to limited partnership interests and noncontrolling interests PaymentsOfDividendsMinorityInterest $100.00K USD 2 Qtrs
Dividends to stockholders PaymentsOfCapitalDistribution $13.93M USD 2 Qtrs
Dividends to stockholders PaymentsOfCapitalDistribution $33.96M USD 2 Qtrs
Treasury stock repurchases PaymentsForRepurchaseOfCommonStock $13.90M USD 2 Qtrs
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $2.92M USD 2 Qtrs
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $3.25M USD 2 Qtrs
Payments of deferred financing costs PaymentsOfFinancingCosts $56.00K USD 2 Qtrs
Payments of deferred financing costs PaymentsOfFinancingCosts $81.00K USD 2 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-215.12M USD 2 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $309.94M USD 2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-22.07M USD 2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $201.89M USD 2 Qtrs
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 $165.33M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $375.26M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $187.41M 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 $165.33M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $375.26M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $187.41M USD Point-in-time
Interest InterestPaidNet $33.37M USD 2 Qtrs
Interest InterestPaidNet $18.61M USD 2 Qtrs
Taxes IncomeTaxesPaid $34.00K USD 2 Qtrs
Taxes IncomeTaxesPaid $73.95M USD 2 Qtrs
Stockholders Equity 44 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $757.39M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $531.58M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $222.32M USD Point-in-time
Consolidated net income ProfitLoss $4.29M USD 1 Quarter
Consolidated net income ProfitLoss $55.47M USD 2 Qtrs
Consolidated net income ProfitLoss $36.78M USD 2 Qtrs
Consolidated net income ProfitLoss $32.06M USD 1 Quarter
Cumulative effect of revenue standard adoption CumulativeEffectOfRevenueStandardAdoption $18.80M USD 2 Qtrs
Reduction of earning distributions ReductionOfEarningsDistributions $2.14M USD 2 Qtrs
Dividends to common stockholders DividendsCommonStockStock $13.93M USD 2 Qtrs
Dividends to common stockholders DividendsCommonStockStock $33.96M USD 2 Qtrs
Dividends to common stockholders DividendsCommonStockStock $13.93M USD 1 Quarter
Dividends to common stockholders DividendsCommonStockStock $17.92M USD 1 Quarter
Equity-based compensation and related issuance of (Class Acommon stock 327,746 shares) StockGrantedDuringPeriodValueSharebasedCompensation $-4.90M USD 2 Qtrs
Additional contribution from BGC as a result of Separation AdjustmentsToAdditionalPaidInCapitalAdditionalContribution $7.22M USD 1 Quarter
Additional contribution from BGC as a result of Separation AdjustmentsToAdditionalPaidInCapitalAdditionalContribution $7.22M USD 2 Qtrs
Earnings distributions to limited partnership interests and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $13.71M USD 2 Qtrs
Earnings distributions to limited partnership interests and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $12.60M USD 1 Quarter
Earnings distributions to limited partnership interests and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $41.52M USD 2 Qtrs
Earnings distributions to limited partnership interests and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $14.24M USD 1 Quarter
BGC's purchase of 16,606,726 exchangeable limited partnershipunits in Newmark Holdings NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $241.96M USD 2 Qtrs
Grant of exchangeability, redemption and issuance of limited partnership interests NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $-13.86M USD 2 Qtrs
Grant of exchangeability, redemption and issuance of limited partnership interests NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $84.28M USD 2 Qtrs
Grant of exchangeability, redemption and issuance of limited partnership interests NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $1.67M USD 1 Quarter
Grant of exchangeability, redemption and issuance of limited partnership interests NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $64.41M USD 1 Quarter
Issuance of exchangeable preferred partnership units in Newmark OpCo NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable $174.78M USD 1 Quarter
Issuance of exchangeable preferred partnership units in Newmark OpCo NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable $174.78M USD 2 Qtrs
Issuance of limited partnership units including contingent units IssuanceOfContingentCommonStockAndLimitedPartnershipUnitsForAcquisitions $7.02M USD 1 Quarter
Issuance of limited partnership units including contingent units IssuanceOfContingentCommonStockAndLimitedPartnershipUnitsForAcquisitions $7.02M USD 2 Qtrs
Issuance of limited partnership units including contingent units IssuanceOfContingentCommonStockAndLimitedPartnershipUnitsForAcquisitions $1.65M USD 1 Quarter
Issuance of limited partnership units including contingent units IssuanceOfContingentCommonStockAndLimitedPartnershipUnitsForAcquisitions $1.65M USD 2 Qtrs
Repurchase of 1,613,032 shares of Class A common stock TreasuryStockValueAcquiredParValueMethod $13.90M USD 1 Quarter
Repurchase of 1,613,032 shares of Class A common stock TreasuryStockValueAcquiredParValueMethod $13.90M USD 2 Qtrs
Other StockholdersEquityOther $-507.00K USD 1 Quarter
Other StockholdersEquityOther $47.00K USD 2 Qtrs
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $531.58M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $757.39M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $222.32M USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $36.78M USD 2 Qtrs
Consolidated net income ProfitLoss $32.06M USD 1 Quarter
Consolidated net income ProfitLoss $4.29M USD 1 Quarter
Consolidated net income ProfitLoss $55.47M USD 2 Qtrs
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $4.29M USD 1 Quarter
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $32.06M USD 1 Quarter
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $36.78M USD 2 Qtrs
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $55.47M USD 2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests, net of tax ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.56M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests, net of tax ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $15.90M USD 2 Qtrs
Less: Comprehensive income attributable to noncontrolling interests, net of tax ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $9.40M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests, net of tax ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $16.05M USD 2 Qtrs
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $39.57M USD 2 Qtrs
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $22.67M USD 1 Quarter
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $20.74M USD 2 Qtrs
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $739.00K USD 1 Quarter

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

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