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10-Q Filing

NEWMARK GROUP, INC. CIK: 1690680 Q3 2019
Filing Information
Form Type 10-Q
Accession Number 0001564590-19-042001
Period End Date 20190930
Filing Date 20191108
Fiscal Year 2019
Fiscal Period Q3
XBRL Instance nmrk-10q_20190930_htm.xml
Balance Sheet 68 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $122.47M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $116.31M USD Point-in-time
Restricted cash and cash equivalents RestrictedCashAndCashEquivalentsAtCarryingValue $58.01M USD Point-in-time
Restricted cash and cash equivalents RestrictedCashAndCashEquivalentsAtCarryingValue $64.93M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $123.42M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $48.94M 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 $704.36M USD Point-in-time
Receivables, net AccountsAndOtherReceivablesNetCurrent $451.61M USD Point-in-time
Receivables, net AccountsAndOtherReceivablesNetCurrent $478.67M USD Point-in-time
Receivables from related parties AccountsReceivableRelatedParties $20.50M USD Point-in-time
Other current assets (see Note 19) OtherAssetsCurrent $57.74M USD Point-in-time
Other current assets (see Note 19) OtherAssetsCurrent $74.15M USD Point-in-time
Total current assets AssetsCurrent $1.55B USD Point-in-time
Total current assets AssetsCurrent $1.76B USD Point-in-time
Goodwill Goodwill $515.32M USD Point-in-time
Goodwill Goodwill $477.53M USD Point-in-time
Goodwill Goodwill $539.80M USD Point-in-time
Mortgage servicing rights, net MortgagesHeldForSaleFairValueDisclosure $406.21M USD Point-in-time
Mortgage servicing rights, net MortgagesHeldForSaleFairValueDisclosure $411.81M USD Point-in-time
Loans, forgivable loans and other receivables from employees and partners, net DueFromEmployeesNoncurrent $285.53M USD Point-in-time
Loans, forgivable loans and other receivables from employees and partners, net DueFromEmployeesNoncurrent $356.59M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $78.81M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $93.84M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $32.42M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $35.77M USD Point-in-time
Other assets (see Note 19) OtherAssetsNoncurrent $369.87M USD Point-in-time
Other assets (see Note 19) OtherAssetsNoncurrent $599.90M USD Point-in-time
Total assets Assets $3.45B USD Point-in-time
Total assets Assets $3.58B USD Point-in-time
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises WarehouseAgreementBorrowings $680.86M USD Point-in-time
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises WarehouseAgreementBorrowings $972.39M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $366.51M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $405.26M USD Point-in-time
Current portion of accounts payable, accrued expenses and other liabilities (see Note 29) AccountsPayableAndOtherAccruedLiabilitiesCurrent $473.79M 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 $24.84M USD Point-in-time
Current portion of payables to related parties AccountsPayableRelatedPartiesCurrent $13.51M USD Point-in-time
Current portion of payables to related parties AccountsPayableRelatedPartiesCurrent $19.77M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.66B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.60B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $598.57M 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 $372.79M USD Point-in-time
Total liabilities Liabilities $2.37B USD Point-in-time
Total liabilities Liabilities $2.58B 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 $28.89M USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $21.10M USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $26.17M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $294.90M 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 $344.89M USD Point-in-time
Total stockholders equity StockholdersEquity $610.38M USD Point-in-time
Total stockholders equity StockholdersEquity $567.57M USD Point-in-time
Noncontrolling interests MinorityInterest $489.23M USD Point-in-time
Noncontrolling interests MinorityInterest $368.54M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $222.32M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $988.30M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $978.91M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $757.39M USD Point-in-time
Total liabilities, redeemable partnership interests, and equity LiabilitiesAndStockholdersEquity $3.45B USD Point-in-time
Total liabilities, redeemable partnership interests, and equity LiabilitiesAndStockholdersEquity $3.58B USD Point-in-time
Income Statement 104 line items
Line Item Tag Value Unit Period
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $1.70M USD 1 Quarter
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $3.20M USD 1 Quarter
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $9.70M USD 3 Qtrs
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $1.90M USD 3 Qtrs
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $357.91M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $859.91M USD 3 Qtrs
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $319.34M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $979.31M USD 3 Qtrs
Gains from mortgage banking activities/originations, net GainLossOnSaleOfMortgageLoans $51.97M USD 1 Quarter
Gains from mortgage banking activities/originations, net GainLossOnSaleOfMortgageLoans $148.77M USD 3 Qtrs
Gains from mortgage banking activities/originations, net GainLossOnSaleOfMortgageLoans $132.76M USD 3 Qtrs
Gains from mortgage banking activities/originations, net GainLossOnSaleOfMortgageLoans $72.33M USD 1 Quarter
Management services, servicing fees and other ManagementServicesServicingFeesAndOther $423.22M USD 3 Qtrs
Management services, servicing fees and other ManagementServicesServicingFeesAndOther $147.50M USD 1 Quarter
Management services, servicing fees and other ManagementServicesServicingFeesAndOther $156.39M USD 1 Quarter
Management services, servicing fees and other ManagementServicesServicingFeesAndOther $457.69M USD 3 Qtrs
Revenues Revenues $1.59B USD 3 Qtrs
Revenues Revenues $1.42B USD 3 Qtrs
Revenues Revenues $586.63M USD 1 Quarter
Revenues Revenues $518.81M USD 1 Quarter
Compensation and employee benefits CostDirectLabor $921.13M USD 3 Qtrs
Compensation and employee benefits CostDirectLabor $341.04M USD 1 Quarter
Compensation and employee benefits CostDirectLabor $291.38M USD 1 Quarter
Compensation and employee benefits CostDirectLabor $819.11M USD 3 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnits $125.56M USD 3 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnits $56.65M USD 1 Quarter
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnits $109.87M USD 3 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnits $40.78M USD 1 Quarter
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $944.67M USD 3 Qtrs
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $332.16M USD 1 Quarter
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $1.03B USD 3 Qtrs
Total compensation and employee benefits CompensationAndEmployeeBenefitsNet $397.68M USD 1 Quarter
Operating, administrative and other GeneralAndAdministrativeExpense $86.30M USD 1 Quarter
Operating, administrative and other GeneralAndAdministrativeExpense $84.91M USD 1 Quarter
Operating, administrative and other GeneralAndAdministrativeExpense $240.39M USD 3 Qtrs
Operating, administrative and other GeneralAndAdministrativeExpense $275.94M USD 3 Qtrs
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $21.04M USD 3 Qtrs
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $19.84M USD 3 Qtrs
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $6.64M USD 1 Quarter
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $7.09M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $25.87M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $36.78M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $98.51M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $68.59M USD 3 Qtrs
Total operating expenses CostsAndExpenses $1.43B USD 3 Qtrs
Total operating expenses CostsAndExpenses $527.85M USD 1 Quarter
Total operating expenses CostsAndExpenses $449.59M USD 1 Quarter
Total operating expenses CostsAndExpenses $1.27B USD 3 Qtrs
Other income, net OtherOperatingIncomeExpenseNet $99.06M USD 3 Qtrs
Other income, net OtherOperatingIncomeExpenseNet $108.71M USD 1 Quarter
Other income, net OtherOperatingIncomeExpenseNet $95.27M USD 3 Qtrs
Other income, net OtherOperatingIncomeExpenseNet $93.72M USD 1 Quarter
Income from operations OperatingIncomeLoss $254.55M USD 3 Qtrs
Income from operations OperatingIncomeLoss $167.50M USD 1 Quarter
Income from operations OperatingIncomeLoss $241.46M USD 3 Qtrs
Income from operations OperatingIncomeLoss $162.94M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-35.50M USD 3 Qtrs
Interest expense, net InterestIncomeExpenseNet $-8.17M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNet $-23.95M USD 3 Qtrs
Interest expense, net InterestIncomeExpenseNet $-11.51M USD 1 Quarter
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $151.43M USD 1 Quarter
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $159.33M USD 1 Quarter
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $205.96M USD 3 Qtrs
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $230.61M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $53.62M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $52.57M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $35.87M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $36.76M USD 1 Quarter
Consolidated net income ProfitLoss $178.04M USD 3 Qtrs
Consolidated net income ProfitLoss $115.56M USD 1 Quarter
Consolidated net income ProfitLoss $152.34M USD 3 Qtrs
Consolidated net income ProfitLoss $122.57M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $49.77M USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $63.37M USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $33.87M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $47.32M USD 1 Quarter
Net income available to common stockholders NetIncomeLoss $88.97M USD 3 Qtrs
Net income available to common stockholders NetIncomeLoss $128.27M USD 3 Qtrs
Net income available to common stockholders NetIncomeLoss $68.24M USD 1 Quarter
Net income available to common stockholders NetIncomeLoss $88.70M USD 1 Quarter
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $118.60M USD 3 Qtrs
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $85.47M USD 1 Quarter
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $87.11M USD 3 Qtrs
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $66.56M USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.48 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.67 USD 3 Qtrs
Basic earnings per share EarningsPerShareBasic $0.56 USD 3 Qtrs
Basic earnings per share EarningsPerShareBasic $0.43 USD 1 Quarter
Basic weighted-average shares of common stock outstanding WeightedAverageNumberOfSharesOutstandingBasic 178.12M shares 3 Qtrs
Basic weighted-average shares of common stock outstanding WeightedAverageNumberOfSharesOutstandingBasic 155.35M shares 3 Qtrs
Basic weighted-average shares of common stock outstanding WeightedAverageNumberOfSharesOutstandingBasic 155.15M shares 1 Quarter
Basic weighted-average shares of common stock outstanding WeightedAverageNumberOfSharesOutstandingBasic 177.02M shares 1 Quarter
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $122.38M USD 3 Qtrs
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $104.58M USD 3 Qtrs
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $99.50M USD 1 Quarter
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $80.04M USD 1 Quarter
Fully diluted earnings per share EarningsPerShareDiluted $0.56 USD 3 Qtrs
Fully diluted earnings per share EarningsPerShareDiluted $0.43 USD 1 Quarter
Fully diluted earnings per share EarningsPerShareDiluted $0.48 USD 1 Quarter
Fully diluted earnings per share EarningsPerShareDiluted $0.66 USD 3 Qtrs
Fully diluted weighted-average shares of common stock outstanding WeightedAverageNumberOfDilutedSharesOutstanding 206.62M shares 1 Quarter
Fully diluted weighted-average shares of common stock outstanding WeightedAverageNumberOfDilutedSharesOutstanding 185.56M shares 3 Qtrs
Fully diluted weighted-average shares of common stock outstanding WeightedAverageNumberOfDilutedSharesOutstanding 185.41M shares 3 Qtrs
Fully diluted weighted-average shares of common stock outstanding WeightedAverageNumberOfDilutedSharesOutstanding 185.13M shares 1 Quarter
Cash Flow Statement 109 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $178.04M USD 3 Qtrs
Consolidated net income ProfitLoss $115.56M USD 1 Quarter
Consolidated net income ProfitLoss $152.34M USD 3 Qtrs
Consolidated net income ProfitLoss $122.57M USD 1 Quarter
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $73.87M USD 3 Qtrs
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $65.63M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $36.78M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $98.51M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $68.59M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $25.87M USD 1 Quarter
Nasdaq recognition NasdaqRecognition $-98.58M USD 3 Qtrs
Nasdaq recognition NasdaqRecognition $-85.14M USD 3 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationOfNetIncomeToLimitedPartnershipUnitsAndFPUs $125.56M USD 3 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs EquityBasedCompensationAndAllocationOfNetIncomeToLimitedPartnershipUnitsAndFPUs $109.87M USD 3 Qtrs
Employee loan amortization AdjustmentForAmortization $20.70M USD 3 Qtrs
Employee loan amortization AdjustmentForAmortization $31.69M USD 3 Qtrs
Deferred tax provision DeferredIncomeTaxExpenseBenefit $4.36M USD 3 Qtrs
Deferred tax provision DeferredIncomeTaxExpenseBenefit $956.00K USD 3 Qtrs
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $639.00K USD 3 Qtrs
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $138.00K USD 3 Qtrs
Realized gain on non-marketable investments, net RealizedGainLossOnNonmarketableInvestments $20.96M USD 3 Qtrs
Unrealized gains on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $22.52M USD 3 Qtrs
Unrealized gains on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $461.00K USD 3 Qtrs
Income from an equity method investment IncomeLossFromEquityMethodInvestments $5.00M USD 3 Qtrs
Income from an equity method investment IncomeLossFromEquityMethodInvestments $6.00M USD 3 Qtrs
Provision for uncollectible accounts ProvisionForDoubtfulAccounts $1.57M USD 3 Qtrs
Provision for uncollectible accounts ProvisionForDoubtfulAccounts $2.38M USD 3 Qtrs
Realized gains on marketable securities MarketableSecuritiesRealizedGainLoss - USD 1 Quarter
Realized gains on marketable securities MarketableSecuritiesRealizedGainLoss $4.06M USD 3 Qtrs
Realized gains on marketable securities MarketableSecuritiesRealizedGainLoss $1.49M USD 3 Qtrs
Realized gains on marketable securities MarketableSecuritiesRealizedGainLoss $2.20M USD 1 Quarter
Unrealized gains on marketable securities MarketableSecuritiesUnrealizedGainLoss $897.00K USD 3 Qtrs
Unrealized gains on marketable securities MarketableSecuritiesUnrealizedGainLoss $4.45M USD 3 Qtrs
Changes in valuation of derivative asset UnrealizedGainLossOnDerivatives $-37.18M USD 3 Qtrs
Changes in valuation of derivative asset UnrealizedGainLossOnDerivatives $6.33M USD 3 Qtrs
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $7.51B USD 3 Qtrs
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $5.94B USD 3 Qtrs
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $7.82B USD 3 Qtrs
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $5.17B USD 3 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $3.23M USD 3 Qtrs
Other OtherOperatingActivitiesCashFlowStatement $667.00K USD 3 Qtrs
Consolidated net income (loss), adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $559.79M USD 3 Qtrs
Consolidated net income (loss), adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $-540.29M USD 3 Qtrs
Receivables, net IncreaseDecreaseInAccountsReceivable $24.29M USD 3 Qtrs
Receivables, net IncreaseDecreaseInAccountsReceivable $67.25M USD 3 Qtrs
Loans, forgivable loans and other receivables from employees and partners IncreaseDecreaseInDueFromEmployeeCurrent $85.13M USD 3 Qtrs
Loans, forgivable loans and other receivables from employees and partners IncreaseDecreaseInDueFromEmployeeCurrent $102.75M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $62.88M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $27.09M USD 3 Qtrs
Accrued compensation IncreaseDecreaseInAccruedSalaries $13.33M USD 3 Qtrs
Accrued compensation IncreaseDecreaseInAccruedSalaries $33.53M USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $69.36M USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $24.11M USD 3 Qtrs
Payables to related parties IncreaseDecreaseInDueToRelatedParties $5.61M USD 3 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-636.36M USD 3 Qtrs
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $393.42M USD 3 Qtrs
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $32.53M USD 3 Qtrs
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $18.21M USD 3 Qtrs
Distributions from Real Estate LP ProceedsFromDistributionsReceivedFromRealEstatePartnerships $7.29M USD 3 Qtrs
Proceeds from the sale of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $32.61M USD 3 Qtrs
Proceeds from the sale of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $51.43M USD 3 Qtrs
Purchases of non-marketable investments PaymentsToAcquireNonMarketableInvestments $22.50M USD 3 Qtrs
Purchases of non-marketable investments PaymentsToAcquireNonMarketableInvestments $28.00M USD 3 Qtrs
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $10.79M USD 3 Qtrs
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $23.45M USD 3 Qtrs
Purchases of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $2.12M USD 3 Qtrs
Purchases of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $845.00K USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-30.61M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-16.51M USD 3 Qtrs
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $7.51B USD 3 Qtrs
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $5.94B USD 3 Qtrs
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $7.80B USD 3 Qtrs
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $5.17B USD 3 Qtrs
Proceeds from BGC's purchase of exchangeable limited partnership units in Newmark Holdings ProceedsFromPartnershipContribution $241.96M USD 3 Qtrs
Proceeds from issuance of exchangeable preferred partnership units ProceedsFromIssuanceOfPreferredLimitedPartnersUnits $265.57M USD 3 Qtrs
Payments to related parties RepaymentsOfRelatedPartyDebt $130.50M USD 3 Qtrs
Borrowings from related parties ProceedsFromRelatedPartyDebt $368.50M USD 3 Qtrs
Settlement of pre-Spin-Off related party receivables ProceedsFromSettlementOfPreSpinOffRelatedPartyReceivables $33.89M USD 3 Qtrs
Fees relating to the IPO PaymentsForRepurchaseOfInitialPublicOffering $8.87M USD 3 Qtrs
Repayment of debt RepaymentsOfDebt $536.76M USD 3 Qtrs
Repayment of debt RepaymentsOfDebt $95.00M USD 3 Qtrs
Borrowings of debt ProceedsFromIssuanceOfDebt $155.00M USD 3 Qtrs
Securities loaned IncreaseDecreaseInSecuritiesLoanedTransactions $-49.04M USD 3 Qtrs
Securities loaned IncreaseDecreaseInSecuritiesLoanedTransactions $24.84M USD 3 Qtrs
Earnings distributions to limited partnership interests and noncontrolling interests PaymentsOfDividendsMinorityInterest $23.14M USD 3 Qtrs
Earnings distributions to limited partnership interests and noncontrolling interests PaymentsOfDividendsMinorityInterest $112.69M USD 3 Qtrs
Dividends to stockholders PaymentsOfCapitalDistribution $27.86M USD 3 Qtrs
Dividends to stockholders PaymentsOfCapitalDistribution $51.66M USD 3 Qtrs
Treasury stock repurchases PaymentsForRepurchaseOfCommonStock $33.98M USD 3 Qtrs
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $3.41M USD 3 Qtrs
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $3.50M USD 3 Qtrs
Payments of deferred financing costs PaymentsOfFinancingCosts $1.15M USD 3 Qtrs
Payments of deferred financing costs PaymentsOfFinancingCosts $1.36M USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-375.90M USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $866.55M USD 3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-13.09M USD 3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $213.68M USD 3 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 $187.41M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $387.06M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $174.32M 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 $187.41M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $387.06M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $174.32M USD Point-in-time
Interest InterestPaidNet $19.33M USD 3 Qtrs
Interest InterestPaidNet $53.90M USD 3 Qtrs
Taxes IncomeTaxesPaid $82.94M USD 3 Qtrs
Taxes IncomeTaxesPaid $903.00K USD 3 Qtrs
Stockholders Equity 50 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $222.32M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $988.30M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $978.91M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $757.39M USD Point-in-time
Consolidated net income ProfitLoss $178.04M USD 3 Qtrs
Consolidated net income ProfitLoss $115.56M USD 1 Quarter
Consolidated net income ProfitLoss $152.34M USD 3 Qtrs
Consolidated net income ProfitLoss $122.57M USD 1 Quarter
Cumulative effect of revenue standard adoption CumulativeEffectOfRevenueStandardAdoption $18.80M USD 3 Qtrs
Reduction of earning distributions ReductionOfEarningsDistributions $2.14M USD 3 Qtrs
Dividends to common stockholders DividendsCommonStockStock $51.66M USD 3 Qtrs
Dividends to common stockholders DividendsCommonStockStock $27.86M USD 3 Qtrs
Dividends to common stockholders DividendsCommonStockStock $13.93M USD 1 Quarter
Dividends to common stockholders DividendsCommonStockStock $17.70M USD 1 Quarter
Preferred dividend on exchangeable preferred partnership units DividendsPreferredStock $1.87M USD 1 Quarter
Preferred dividend on exchangeable preferred partnership units DividendsPreferredStock $1.87M USD 3 Qtrs
Earning distributions to limited partnership interests, redeemable partnership interests, and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $26.10M USD 1 Quarter
Earning distributions to limited partnership interests, redeemable partnership interests, and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $29.25M USD 1 Quarter
Earning distributions to limited partnership interests, redeemable partnership interests, and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $42.96M USD 3 Qtrs
Earning distributions to limited partnership interests, redeemable partnership interests, and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $67.62M USD 3 Qtrs
Equity-based compensation and related issuance of Class A common stock StockGrantedDuringPeriodValueSharebasedCompensation $-4.90M USD 3 Qtrs
Contingent Class A common stock to be issued to newly acquired entities AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $3.14M USD 1 Quarter
Contingent Class A common stock to be issued to newly acquired entities AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $3.14M USD 3 Qtrs
BGC's purchase of exchangeable limited partnership units in Newmark Holdings NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $241.96M USD 3 Qtrs
Grant of exchangeability, redemption and issuance of limited partnership interests and issuance of common stock NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $682.00K USD 1 Quarter
Grant of exchangeability, redemption and issuance of limited partnership interests and issuance of common stock NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $93.94M USD 3 Qtrs
Grant of exchangeability, redemption and issuance of limited partnership interests and issuance of common stock NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $9.67M USD 1 Quarter
Grant of exchangeability, redemption and issuance of limited partnership interests and issuance of common stock NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $-13.18M USD 3 Qtrs
Issuance of exchangeable preferred partnership units in Newmark OpCo NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable $322.65M USD 3 Qtrs
Issuance of exchangeable preferred partnership units in Newmark OpCo NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable $147.87M USD 1 Quarter
Issuance and redemption of limited partnership units including contingent units IssuanceAndRedemptionOfLimitedPartnershipUnitsIncludingContingentUnits $11.12M USD 3 Qtrs
Issuance and redemption of limited partnership units including contingent units IssuanceAndRedemptionOfLimitedPartnershipUnitsIncludingContingentUnits $9.46M USD 1 Quarter
Issuance and redemption of limited partnership units including contingent units IssuanceAndRedemptionOfLimitedPartnershipUnitsIncludingContingentUnits $-4.31M USD 1 Quarter
Issuance and redemption of limited partnership units including contingent units IssuanceAndRedemptionOfLimitedPartnershipUnitsIncludingContingentUnits $2.71M USD 3 Qtrs
Repurchase of common stock TreasuryStockValueAcquiredParValueMethod $20.09M USD 1 Quarter
Repurchase of common stock TreasuryStockValueAcquiredParValueMethod $33.98M USD 3 Qtrs
Redemption of EPUs MinorityInterestDecreaseFromRedemptionsOfExchangeablePartnershipUnits $93.48M USD 3 Qtrs
Redemption of EPUs MinorityInterestDecreaseFromRedemptionsOfExchangeablePartnershipUnits $93.48M USD 1 Quarter
Other StockholdersEquityOther $2.53M USD 3 Qtrs
Other StockholdersEquityOther $-1.28M USD 3 Qtrs
Other StockholdersEquityOther $9.75M USD 1 Quarter
Other StockholdersEquityOther $-1.33M USD 1 Quarter
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $978.91M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $988.30M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $222.32M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $757.39M USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $178.04M USD 3 Qtrs
Consolidated net income ProfitLoss $115.56M USD 1 Quarter
Consolidated net income ProfitLoss $152.34M USD 3 Qtrs
Consolidated net income ProfitLoss $122.57M USD 1 Quarter
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $115.56M USD 1 Quarter
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $122.57M USD 1 Quarter
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $152.34M USD 3 Qtrs
Comprehensive income, net of tax ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $178.04M USD 3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests, net of tax ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $63.37M USD 3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests, net of tax ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $49.77M USD 3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests, net of tax ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $47.32M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interests, net of tax ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $33.87M USD 1 Quarter
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $88.97M USD 3 Qtrs
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $128.27M USD 3 Qtrs
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $88.70M USD 1 Quarter
Comprehensive income available to common stockholders ComprehensiveIncomeNetOfTax $68.24M USD 1 Quarter

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

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