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10-K Filing

NEWMARK GROUP, INC. CIK: 1690680 FY 2019
Filing Information
Form Type 10-K
Accession Number 0001690680-20-000012
Period End Date 20191231
Filing Date 20200228
Fiscal Year 2019
Fiscal Period FY
XBRL Instance nmrk10-k2019_htm.xml
Balance Sheet 71 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $163.56M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $122.47M USD Point-in-time
Restricted cash RestrictedCashCurrent $58.31M USD Point-in-time
Restricted cash RestrictedCashCurrent $64.93M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $48.94M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $98.60M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $36.80M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $215.29M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $990.86M USD Point-in-time
Receivables, net AccountsAndOtherReceivablesNetCurrent $451.61M USD Point-in-time
Receivables, net AccountsAndOtherReceivablesNetCurrent $508.38M USD Point-in-time
Receivables from related parties AccountsReceivableRelatedParties - USD Point-in-time
Receivables from related parties AccountsReceivableRelatedParties $20.50M USD Point-in-time
Other current assets OtherAssetsCurrent $57.74M USD Point-in-time
Other current assets OtherAssetsCurrent $91.19M USD Point-in-time
Total current assets AssetsCurrent $1.76B USD Point-in-time
Total current assets AssetsCurrent $1.07B USD Point-in-time
Goodwill Goodwill $515.32M USD Point-in-time
Goodwill Goodwill $477.53M USD Point-in-time
Goodwill Goodwill $557.91M USD Point-in-time
Mortgage servicing rights, net MortgagesHeldForSaleFairValueDisclosure $411.81M USD Point-in-time
Mortgage servicing rights, net MortgagesHeldForSaleFairValueDisclosure $413.64M 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 $403.71M USD Point-in-time
Right-of-use assets OperatingLeaseRightOfUseAsset $201.66M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $78.81M USD Point-in-time
Fixed assets, net PropertyPlantAndEquipmentNet $98.02M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $35.77M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $45.23M USD Point-in-time
Other assets OtherAssetsNoncurrent $407.90M USD Point-in-time
Other assets OtherAssetsNoncurrent $369.87M USD Point-in-time
Total assets Assets $3.45B USD Point-in-time
Total assets Assets $3.20B USD Point-in-time
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises WarehouseAgreementBorrowings $209.65M 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 $343.85M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilitiesCurrent $312.24M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilitiesCurrent $417.07M USD Point-in-time
Securities loaned SecuritiesLoaned - USD Point-in-time
Securities loaned SecuritiesLoaned $36.73M USD Point-in-time
Payables to related parties AccountsPayableRelatedPartiesCurrentAndNoncurrent $13.51M USD Point-in-time
Payables to related parties AccountsPayableRelatedPartiesCurrentAndNoncurrent $38.09M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.05B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.66B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $537.93M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $589.29M USD Point-in-time
Right-of-use liabilities OperatingLeaseLiabilityNoncurrent $227.94M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $168.62M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $376.83M USD Point-in-time
Total liabilities Liabilities $2.24B USD Point-in-time
Total liabilities Liabilities $2.37B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $26.17M USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $21.52M USD Point-in-time
Redeemable partnership interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests $21.10M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $285.07M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $318.17M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $313.11M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $277.95M USD Point-in-time
Total stockholders equity StockholdersEquity $599.66M USD Point-in-time
Total stockholders equity StockholdersEquity $567.57M USD Point-in-time
Noncontrolling interests MinorityInterest $340.96M USD Point-in-time
Noncontrolling interests MinorityInterest $489.23M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $222.32M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $983.78M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $940.62M USD Point-in-time
Total liabilities, redeemable partnership interest, and equity LiabilitiesAndStockholdersEquity $3.45B USD Point-in-time
Total liabilities, redeemable partnership interest, and equity LiabilitiesAndStockholdersEquity $3.20B USD Point-in-time
Income Statement 68 line items
Line Item Tag Value Unit Period
Revenues Revenues $1.60B USD Annual
Revenues Revenues $2.22B USD Annual
Revenues Revenues $2.05B USD Annual
Compensation and employee benefits CostDirectLabor $1.16B USD Annual
Compensation and employee benefits CostDirectLabor $1.28B USD Annual
Compensation and employee benefits CostDirectLabor $987.70M USD Annual
Equity-based compensation and allocations of net income to limited partnership units and FPUs AllocationsOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $147.14M USD Annual
Equity-based compensation and allocations of net income to limited partnership units and FPUs AllocationsOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $258.84M USD Annual
Equity-based compensation and allocations of net income to limited partnership units and FPUs AllocationsOfNetIncomeAndGrantOfExchangeabilityToLimitedPartnershipUnitsAndFPUsAndIssuanceOfCommonStock $224.64M 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 $1.53B USD Annual
Operating, administrative and other GeneralAndAdministrativeExpense $361.86M USD Annual
Operating, administrative and other GeneralAndAdministrativeExpense $219.16M USD Annual
Operating, administrative and other GeneralAndAdministrativeExpense $331.76M USD Annual
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $26.16M USD Annual
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $20.77M USD Annual
Fees to related parties RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $25.02M USD Annual
Depreciation and amortization DepreciationAndAmortization $95.81M USD Annual
Depreciation and amortization DepreciationAndAmortization $97.73M USD Annual
Depreciation and amortization DepreciationAndAmortization $131.14M USD Annual
Total operating expenses CostsAndExpenses $1.47B USD Annual
Total operating expenses CostsAndExpenses $1.84B USD Annual
Total operating expenses CostsAndExpenses $2.05B USD Annual
Other income, net OtherOperatingIncome $73.93M USD Annual
Other income, net OtherOperatingIncome $127.29M USD Annual
Other income, net OtherOperatingIncome $80.95M USD Annual
Income from operations OperatingIncomeLoss $246.24M USD Annual
Income from operations OperatingIncomeLoss $199.79M USD Annual
Income from operations OperatingIncomeLoss $332.59M USD Annual
Interest (expense) income, net InterestIncomeExpenseNet $-32.09M USD Annual
Interest (expense) income, net InterestIncomeExpenseNet $2.79M USD Annual
Interest (expense) income, net InterestIncomeExpenseNet $-50.20M USD Annual
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $214.15M USD Annual
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $202.57M USD Annual
Income before income taxes and noncontrolling interests IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $282.38M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $57.48M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $90.49M USD Annual
Provision for income taxes IncomeTaxExpenseBenefit $52.44M USD Annual
Consolidated net income ProfitLoss $161.71M USD Annual
Consolidated net income ProfitLoss $191.90M USD Annual
Consolidated net income ProfitLoss $145.10M USD Annual
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $44.41M USD Annual
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $604.00K USD Annual
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $85.17M USD Annual
Net income available to common stockholders NetIncomeLoss $117.31M USD Annual
Net income available to common stockholders NetIncomeLoss $144.49M USD Annual
Net income available to common stockholders NetIncomeLoss $106.73M USD Annual
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $101.64M USD Annual
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $104.41M USD Annual
Net income available to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $144.49M USD Annual
Basic earnings per share (in usd per share) EarningsPerShareBasic $0.65 USD Annual
Basic earnings per share (in usd per share) EarningsPerShareBasic $1.08 USD Annual
Basic earnings per share (in usd per share) EarningsPerShareBasic $0.59 USD Annual
Common stock outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 133.41M shares Annual
Common stock outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 177.77M shares Annual
Common stock outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 157.26M shares Annual
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $117.22M USD Annual
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $105.57M USD Annual
Net income for fully diluted shares NetIncomeLossAvailableToCommonStockholdersDiluted $108.16M USD Annual
Fully diluted earnings per share (in usd per share) EarningsPerShareDiluted $0.85 USD Annual
Fully diluted earnings per share (in usd per share) EarningsPerShareDiluted $0.64 USD Annual
Fully diluted earnings per share (in usd per share) EarningsPerShareDiluted $0.58 USD Annual
Fully diluted weighted-average shares of common stock outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 138.40M shares Annual
Fully diluted weighted-average shares of common stock outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 163.81M shares Annual
Fully diluted weighted-average shares of common stock outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 185.02M shares Annual
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $12.90M USD Annual
Reduction for dividends on preferred stock or units PreferredStockDividendsIncomeStatementImpact $5.10M USD Annual
Cash Flow Statement 198 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $161.71M USD Annual
Consolidated net income ProfitLoss $191.90M USD Annual
Consolidated net income ProfitLoss $145.10M USD Annual
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $120.97M USD Annual
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $103.16M USD Annual
Gain on originated mortgage servicing rights GainOnOriginatedMortgageServicingRights $95.28M USD Annual
Depreciation and amortization DepreciationAndAmortization $95.81M USD Annual
Depreciation and amortization DepreciationAndAmortization $97.73M USD Annual
Depreciation and amortization DepreciationAndAmortization $131.14M USD Annual
Nasdaq recognition NasdaqEarnout $98.58M USD Annual
Nasdaq recognition NasdaqEarnout $85.14M USD Annual
Nasdaq recognition NasdaqEarnout $76.97M USD Annual
Equity-based compensation and allocation of net income to limited partnership units and FPUs and issuance of common stock EquitybasedcompensationandallocationofnetincometolimitedpartnershipunitsandFPUs $224.64M USD Annual
Equity-based compensation and allocation of net income to limited partnership units and FPUs and issuance of common stock EquitybasedcompensationandallocationofnetincometolimitedpartnershipunitsandFPUs $10.00M USD Annual
Equity-based compensation and allocation of net income to limited partnership units and FPUs and issuance of common stock EquitybasedcompensationandallocationofnetincometolimitedpartnershipunitsandFPUs $258.84M USD Annual
Employee loan amortization AdjustmentForAmortization $34.42M USD Annual
Employee loan amortization AdjustmentForAmortization $38.99M USD Annual
Employee loan amortization AdjustmentForAmortization $27.74M USD Annual
Deferred tax provision/(benefit) DeferredIncomeTaxExpenseBenefit $16.39M USD Annual
Deferred tax provision/(benefit) DeferredIncomeTaxExpenseBenefit $-27.85M USD Annual
Deferred tax provision/(benefit) DeferredIncomeTaxExpenseBenefit $44.38M USD Annual
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $2.67M USD Annual
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $728.00K USD Annual
Change in fair value of contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $374.00K USD Annual
Realized gains on non-marketable investments, net UnrealizedGainLossOnInvestments $17.90M USD Annual
Realized gains on non-marketable investments, net UnrealizedGainLossOnInvestments $12.16M USD Annual
Realized gains on non-marketable investments, net UnrealizedGainLossOnInvestments - USD Annual
Unrealized (gains) loss on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $2.19M USD Annual
Unrealized (gains) loss on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $5.17M USD Annual
Unrealized (gains) loss on loans held for sale UnrealizedGainsLossOnLoansHeldForSale $18.43M USD Annual
Income from an equity method investment IncomeLossFromEquityMethodInvestments $2.75M USD Annual
Income from an equity method investment IncomeLossFromEquityMethodInvestments $7.25M USD Annual
Income from an equity method investment IncomeLossFromEquityMethodInvestments $1.56M USD Annual
Provision for uncollectible accounts ProvisionForDoubtfulAccounts $1.82M USD Annual
Provision for uncollectible accounts ProvisionForDoubtfulAccounts $3.53M USD Annual
Provision for uncollectible accounts ProvisionForDoubtfulAccounts $6.10M USD Annual
Realized (gains) loss on marketable securities MarketableSecuritiesRealizedGainLoss $3.26M USD Annual
Realized (gains) loss on marketable securities MarketableSecuritiesRealizedGainLoss $4.06M USD Annual
Realized (gains) loss on marketable securities MarketableSecuritiesRealizedGainLoss - USD Annual
Unrealized (gains) loss on marketable securities MarketableSecuritiesUnrealizedGainLoss $-1.19M USD Annual
Unrealized (gains) loss on marketable securities MarketableSecuritiesUnrealizedGainLoss $11.30M USD Annual
Unrealized (gains) loss on marketable securities MarketableSecuritiesUnrealizedGainLoss - USD Annual
Change in valuation of derivative asset UnrealizedGainLossOnDerivatives $-51.12M USD Annual
Change in valuation of derivative asset UnrealizedGainLossOnDerivatives $-636.00K USD Annual
Change in valuation of derivative asset UnrealizedGainLossOnDerivatives $19.00M USD Annual
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $8.78B USD Annual
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $8.61B USD Annual
Loan originationsloans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $8.84B USD Annual
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $9.56B USD Annual
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $8.00B USD Annual
Loan salesloans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $9.56B USD Annual
Other OtherOperatingActivitiesCashFlowStatement $4.26M USD Annual
Other OtherOperatingActivitiesCashFlowStatement $1.37M USD Annual
Other OtherOperatingActivitiesCashFlowStatement $1.59M USD Annual
Consolidated net income (loss), adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $1.16B USD Annual
Consolidated net income (loss), adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $850.19M USD Annual
Consolidated net income (loss), adjusted for non-cash and non-operating items NetIncomeLossAfterAdjustmentsForNoncashAndNonoperatingItems $-286.47M USD Annual
Receivables, net IncreaseDecreaseInAccountsReceivable $52.02M USD Annual
Receivables, net IncreaseDecreaseInAccountsReceivable $57.17M USD Annual
Receivables, net IncreaseDecreaseInAccountsReceivable $129.49M USD Annual
Loans, forgivable loans and other receivables from employees and partners IncreaseDecreaseInDueFromEmployeeCurrent $161.90M 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 $34.32M USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $9.92M USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $113.24M USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $-36.09M USD Annual
Accrued compensation IncreaseDecreaseInAccruedSalaries $50.20M USD Annual
Accrued compensation IncreaseDecreaseInAccruedSalaries $45.75M USD Annual
Accrued compensation IncreaseDecreaseInAccruedSalaries $39.96M USD Annual
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $90.71M USD Annual
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $152.88M USD Annual
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $13.10M USD Annual
Payables to related parties IncreaseDecreaseInAccountsPayableRelatedParties - USD Annual
Payables to related parties IncreaseDecreaseInAccountsPayableRelatedParties - USD Annual
Payables to related parties IncreaseDecreaseInAccountsPayableRelatedParties $23.43M USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-332.37M USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $853.64M USD Annual
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $986.76M USD Annual
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $33.94M USD Annual
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $34.51M USD Annual
Payments for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $-2.79M USD Annual
Distributions from equity method investment ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital - USD Annual
Distributions from equity method investment ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $8.56M USD Annual
Distributions from equity method investment ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital - USD Annual
Proceeds from the sale of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $95.88M USD Annual
Proceeds from the sale of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $18.71M USD Annual
Proceeds from the sale of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $32.61M USD Annual
Purchase of non-marketable investments PaymentsToAcquireInvestmentInCostMethodInvestments $29.50M USD Annual
Purchase of non-marketable investments PaymentsToAcquireInvestmentInCostMethodInvestments - USD Annual
Purchase of non-marketable investments PaymentsToAcquireInvestmentInCostMethodInvestments $28.00M USD Annual
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $34.53M USD Annual
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $19.07M USD Annual
Purchases of fixed assets PaymentsToAcquirePropertyPlantAndEquipment $21.02M USD Annual
Payments to related parties PaymentsToFundLongtermLoansToRelatedParties $375.00M USD Annual
Payments to related parties PaymentsToFundLongtermLoansToRelatedParties - USD Annual
Payments to related parties PaymentsToFundLongtermLoansToRelatedParties - USD Annual
Borrowings from related parties ProceedsFromCollectionOfLongtermLoansToRelatedParties - USD Annual
Borrowings from related parties ProceedsFromCollectionOfLongtermLoansToRelatedParties - USD Annual
Borrowings from related parties ProceedsFromCollectionOfLongtermLoansToRelatedParties $375.00M USD Annual
Purchase of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $3.11M USD Annual
Purchase of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $1.49M USD Annual
Purchase of mortgage servicing rights PaymentsToAcquireMortgageServicingRightsMSR $2.06M USD Annual
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $379.00K USD Annual
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $7.74M USD Annual
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-56.79M USD Annual
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $8.61B USD Annual
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $8.84B USD Annual
Proceeds from warehouse facilities ProceedsFromLinesOfCredit $8.78B USD Annual
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $8.74B USD Annual
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $9.55B USD Annual
Principal payments on warehouse facilities RepaymentsOfLinesOfCredit $8.00B USD Annual
Proceeds from BGC's purchase of exchangeable limited partnership units in Newmark Holdings ProceedsFromPartnershipContribution - USD Annual
Proceeds from BGC's purchase of exchangeable limited partnership units in Newmark Holdings ProceedsFromPartnershipContribution - USD Annual
Proceeds from BGC's purchase of exchangeable limited partnership units in Newmark Holdings ProceedsFromPartnershipContribution $241.96M USD Annual
Proceeds from issuance of EPUs ProceedsFromIssuanceOfPreferredLimitedPartnersUnits - USD Annual
Proceeds from issuance of EPUs ProceedsFromIssuanceOfPreferredLimitedPartnersUnits $262.17M USD Annual
Proceeds from issuance of EPUs ProceedsFromIssuanceOfPreferredLimitedPartnersUnits - USD Annual
Payments to related parties RepaymentsOfRelatedPartyDebt $1.45B USD Annual
Payments to related parties RepaymentsOfRelatedPartyDebt - USD Annual
Payments to related parties RepaymentsOfRelatedPartyDebt $858.43M USD Annual
Borrowings from related parties ProceedsFromRelatedPartyDebt $698.92M USD Annual
Borrowings from related parties ProceedsFromRelatedPartyDebt $372.95M USD Annual
Borrowings from related parties ProceedsFromRelatedPartyDebt - USD Annual
Settlement of pre-Spin-Off related party receivables ProceedsFromSettlementOfPreSpinOffRelatedPartyReceivables - USD Annual
Settlement of pre-Spin-Off related party receivables ProceedsFromSettlementOfPreSpinOffRelatedPartyReceivables $33.89M USD Annual
Settlement of pre-Spin-Off related party receivables ProceedsFromSettlementOfPreSpinOffRelatedPartyReceivables - USD Annual
Proceeds from the IPO, net of underwriting discounts ProceedsFromIssuanceInitialPublicOffering - 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 debt ProceedsFromIssuanceOfOtherLongTermDebt $537.58M USD Annual
Borrowing of debt ProceedsFromIssuanceOfOtherLongTermDebt - USD Annual
Borrowing of debt ProceedsFromIssuanceOfOtherLongTermDebt $155.00M USD Annual
Repayment of debt RepaymentsOfOtherLongTermDebt $670.71M USD Annual
Repayment of debt RepaymentsOfOtherLongTermDebt $105.00M USD Annual
Repayment of debt RepaymentsOfOtherLongTermDebt $304.29M USD Annual
Distributions of earnings to BGC PaymentsOfDividendsCommonStock $101.73M USD Annual
Distributions of earnings to BGC PaymentsOfDividendsCommonStock - USD Annual
Distributions of earnings to BGC PaymentsOfDividendsCommonStock - USD Annual
Pre-acquisition distributions relating to BPF acquisitions PaymentsOfDistributionsToAffiliates - USD Annual
Pre-acquisition distributions relating to BPF acquisitions PaymentsOfDistributionsToAffiliates - USD Annual
Pre-acquisition distributions relating to BPF acquisitions PaymentsOfDistributionsToAffiliates $89.15M USD Annual
Capital contribution ProceedsFromIssuanceOfCommonStock - USD Annual
Capital contribution ProceedsFromIssuanceOfCommonStock $9.19M USD Annual
Capital contribution ProceedsFromIssuanceOfCommonStock - USD Annual
Securities loaned ProceedsFromRepaymentsOfSecuritiesLoaned $36.73M USD Annual
Securities loaned ProceedsFromRepaymentsOfSecuritiesLoaned $57.62M USD Annual
Securities loaned ProceedsFromRepaymentsOfSecuritiesLoaned $-57.62M USD Annual
Treasury stock repurchases PaymentsForRepurchaseOfCommonStock $37.37M USD Annual
Treasury stock repurchases PaymentsForRepurchaseOfCommonStock $486.00K USD Annual
Treasury stock repurchases PaymentsForRepurchaseOfCommonStock - USD Annual
Earnings distributions to limited partnership interests and noncontrolling interests PaymentsToMinorityShareholders $71.00K USD Annual
Earnings distributions to limited partnership interests and noncontrolling interests PaymentsToMinorityShareholders $140.58M USD Annual
Earnings distributions to limited partnership interests and noncontrolling interests PaymentsToMinorityShareholders $46.49M USD Annual
Dividends to stockholders PaymentsOfCapitalDistribution - USD Annual
Dividends to stockholders PaymentsOfCapitalDistribution $69.25M USD Annual
Dividends to stockholders PaymentsOfCapitalDistribution $41.79M USD Annual
Prepayment penalty on debt PaymentsOfDebtExtinguishmentCosts - USD Annual
Prepayment penalty on debt PaymentsOfDebtExtinguishmentCosts - USD Annual
Prepayment penalty on debt PaymentsOfDebtExtinguishmentCosts $6.95M USD Annual
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $4.48M USD Annual
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $18.94M USD Annual
Payments on acquisition earn-outs PaymentsOfMergerRelatedCostsFinancingActivities $4.84M USD Annual
Payment of deferred financing costs PaymentsOfFinancingCosts $1.49M USD Annual
Payment of deferred financing costs PaymentsOfFinancingCosts $1.31M USD Annual
Payment of deferred financing costs PaymentsOfFinancingCosts $1.37M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-895.51M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-798.20M USD Annual
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $338.66M USD Annual
Net increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $55.82M USD Annual
Net increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $34.47M USD Annual
Net increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $14.03M USD Annual
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $173.37M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $117.55M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $221.87M USD Point-in-time
Cash and cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $187.41M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $221.87M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $187.41M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $117.55M USD Point-in-time
Cash and cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $173.37M USD Point-in-time
Interest InterestPaidNet $36.96M USD Annual
Interest InterestPaidNet $21.00M USD Annual
Interest InterestPaidNet $81.84M USD Annual
Taxes IncomeTaxesPaid $95.09M USD Annual
Taxes IncomeTaxesPaid $1.17M USD Annual
Taxes IncomeTaxesPaid $46.00K USD Annual
Right-of-use assets and liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $182.18M USD Annual
Treasury stock repurchase NonCashTreasuryStockRepurchase $4.73M USD Annual
Treasury stock repurchase NonCashTreasuryStockRepurchase - USD Annual
Treasury stock repurchase NonCashTreasuryStockRepurchase - USD Annual
Net assets contributed by BGC Partners GeneralPartnersContributedCapital - USD Point-in-time
Net assets contributed by BGC Partners GeneralPartnersContributedCapital - USD Point-in-time
Net assets contributed by BGC Partners GeneralPartnersContributedCapital $368.42M USD Point-in-time
Debt assumed from BGC RepaymentsOfAssumedDebt $1.39B USD Annual
Debt assumed from BGC RepaymentsOfAssumedDebt - USD Annual
Debt assumed from BGC RepaymentsOfAssumedDebt - USD Annual
Accrued offering costs AccruedOfferingCosts $8.87M USD Annual
Accrued offering costs AccruedOfferingCosts - USD Annual
Accrued offering costs AccruedOfferingCosts - USD Annual
Stockholders Equity 39 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $222.32M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $983.78M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $940.62M USD Point-in-time
Consolidated net income ProfitLoss $161.71M USD Annual
Consolidated net income ProfitLoss $191.90M USD Annual
Consolidated net income ProfitLoss $145.10M USD Annual
Distributions to BGC and noncontrolling interests DistributionsToParentAndNoncontrollingInterests $190.95M USD Annual
Number of units converted to common stock (in shares) NumberOfUnitsConvertedToCommonStock 14.80M shares Point-in-time
Grant of exchangeability, redemption and issuance of limited partnership interests and issuance of common stock (in shares) GrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterestsAndIssuanceOfCommonStockShares 2.05M shares Annual
Noncontrolling interests in an entity acquired NoncontrollingInterestIncreaseFromBusinessCombination $19.15M USD Annual
Grant of exchangeability, redemption and issuance of limited partnership interests and issuance of common stock (in shares) GrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterestsAndIssuanceOfCommonStockShares 3.87M shares Annual
Debt assumed from BGC AssumptionOfDebtFacilitiesFromParent $1.39B USD Annual
Capital contributions to and from Cantor for equity-based compensation and other PartnersCapitalAccountContributions $45.30M USD Annual
Capital contributions to and from Cantor for equity-based compensation and other PartnersCapitalAccountContributions $368.42M USD Annual
Transfer of pre-initial public offering (IPO) capital to redeemable partnership interest TemporaryEquityCarryingAmountTransferOfPrePublicOfferingCapitalToRedeemablePartnershipInterests $21.10M USD Annual
Proceeds from IPO, net of underwriting discounts and other expenses (Class A common stock, 23,000,000 shares) StockIssuedDuringPeriodValueNewIssues $295.42M USD Annual
Equity-based compensation (Class A common stock, 600,000 shares) StockGrantedDuringPeriodValueSharebasedCompensation $10.00M USD Annual
Equity-based compensation (Class A common stock, 600,000 shares) StockGrantedDuringPeriodValueSharebasedCompensation $788.00K USD Annual
Reduction of earning distributions ReductionOfEarningsDistributions $2.14M USD Annual
Dividends to common stockholders DividendsCommonStockStock $41.79M USD Annual
Dividends to common stockholders DividendsCommonStockStock $69.25M USD Annual
Preferred dividend on exchangeable preferred partnership units DividendsPreferredStock $5.09M USD Annual
BGC's purchase of 16,606,726 exchangeable limited partnership units in Newmark Holdings NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $241.96M USD Annual
Exchange of 14,831,234 exchangeable limited partnership units in Newmark Holdings and 6,903,876 limited partnership units in Newmark OpCo into an aggregate of 16,292,623 Class A and 5,445,488 Class B shares of Newmark common stock distributed in the Spin- Off and reallocation of capital IssuanceOfCommonStockInExchangeOfExchangeableLimitedPartnershipUnits - USD Annual
Grant of exchangeability, redemption and issuance NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $106.20M USD Annual
Grant of exchangeability, redemption and issuance NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests $-1.90M USD Annual
Issuance of exchangeable preferred partnership units (EPUs) 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
Earning distributions to limited partnership interests, redeemable partnership interests, and other noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $73.65M USD Annual
Repurchase of shares TreasuryStockValueAcquiredParValueMethod $486.00K USD Annual
Repurchase of shares TreasuryStockValueAcquiredParValueMethod $42.10M USD Annual
Issuance of contingent limited partnership units IssuanceOfContingentCommonStockAndLimitedPartnershipUnitsForAcquisitions $17.28M USD Annual
Other StockholdersEquityOther $-2.49M USD Annual
Other StockholdersEquityOther $6.21M USD Annual
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $983.78M 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 $940.62M USD Point-in-time
Comprehensive Income 9 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $161.71M USD Annual
Consolidated net income ProfitLoss $191.90M USD Annual
Consolidated net income ProfitLoss $145.10M USD Annual
Less: Comprehensive income attributable to noncontrolling interests, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $604.00K USD Annual
Less: Comprehensive income attributable to noncontrolling interests, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $85.17M USD Annual
Less: Comprehensive income attributable to noncontrolling interests, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $44.41M 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 $117.31M USD Annual

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

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