10-Q Filing

NEWMARK GROUP, INC. CIK: 1690680 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001690680-23-000039`
Period End Date	20230930
Filing Date	20231109
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	nmrk-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 88 Cash Flow Statement 116 Stockholders Equity 56 Comprehensive Income 20

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Treasury stock, shares issued (in shares)	`TreasuryStockCommonShares`	55.95M	shares	Point-in-time
Treasury stock, shares issued (in shares)	`TreasuryStockCommonShares`	50.80M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$233.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$143.34M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$79.94M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$89.93M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$239.00K	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$788.00K	USD	Point-in-time
Loans held for sale, at fair value	`LoansHeldForSaleFairValueDisclosure`	$138.34M	USD	Point-in-time
Loans held for sale, at fair value	`LoansHeldForSaleFairValueDisclosure`	$616.42M	USD	Point-in-time
Receivables, net	`AccountsAndOtherReceivablesNetCurrent`	$528.88M	USD	Point-in-time
Receivables, net	`AccountsAndOtherReceivablesNetCurrent`	$523.74M	USD	Point-in-time
Other current assets (see Note 18)	`OtherAssetsCurrent`	$100.19M	USD	Point-in-time
Other current assets (see Note 18)	`OtherAssetsCurrent`	$106.24M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.08B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.49B	USD	Point-in-time
Goodwill	`Goodwill`	$657.13M	USD	Point-in-time
Goodwill	`Goodwill`	$769.17M	USD	Point-in-time
Goodwill	`Goodwill`	$705.89M	USD	Point-in-time
Mortgage servicing rights, net	`ServicingAsset`	$568.55M	USD	Point-in-time
Mortgage servicing rights, net	`ServicingAsset`	$540.20M	USD	Point-in-time
Loans, forgivable loans and other receivables from employees and partners, net	`OtherReceivableAfterAllowanceForCreditLossNoncurrent`	$631.78M	USD	Point-in-time
Loans, forgivable loans and other receivables from employees and partners, net	`OtherReceivableAfterAllowanceForCreditLossNoncurrent`	$500.83M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$638.59M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$605.23M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$155.64M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$176.83M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$80.97M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$86.38M	USD	Point-in-time
Other assets (see Note 18)	`OtherAssetsNoncurrent`	$140.11M	USD	Point-in-time
Other assets (see Note 18)	`OtherAssetsNoncurrent`	$214.27M	USD	Point-in-time
Total assets	`Assets`	$4.43B	USD	Point-in-time
Total assets	`Assets`	$3.94B	USD	Point-in-time
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises	`WarehouseAgreementBorrowings`	$137.41M	USD	Point-in-time
Warehouse facilities collateralized by U.S. Government Sponsored Enterprises	`WarehouseAgreementBorrowings`	$609.46M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$369.54M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$311.53M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities (see Note 27)	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$544.15M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities (see Note 27)	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$511.58M	USD	Point-in-time
Short-term debt	`LongTermDebtCurrent`	$547.78M	USD	Point-in-time
Short-term debt	`LongTermDebtCurrent`	$129.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.58B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.60B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$475.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	-	USD	Point-in-time
Right-of-use liabilities	`OperatingLeaseLiabilityNoncurrent`	$610.16M	USD	Point-in-time
Right-of-use liabilities	`OperatingLeaseLiabilityNoncurrent`	$627.09M	USD	Point-in-time
Other long-term liabilities (see Note 27)	`OtherLiabilitiesNoncurrent`	$238.26M	USD	Point-in-time
Other long-term liabilities (see Note 27)	`OtherLiabilitiesNoncurrent`	$196.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.40B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.92B	USD	Point-in-time
Commitments and contingencies (see Note 29)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 29)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable partnership interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$16.55M	USD	Point-in-time
Redeemable partnership interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$15.21M	USD	Point-in-time
Redeemable partnership interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$20.95M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$631.28M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$584.71M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.15B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.14B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.99M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.45M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.19B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.18B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$343.53M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$308.07M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.48B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Total liabilities, redeemable partnership interests, and equity	`LiabilitiesAndStockholdersEquity`	$3.94B	USD	Point-in-time
Total liabilities, redeemable partnership interests, and equity	`LiabilitiesAndStockholdersEquity`	$4.43B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$1.72B	USD	3 Qtrs
Revenues	`Revenues`	$616.28M	USD	1 Quarter
Revenues	`Revenues`	$664.65M	USD	1 Quarter
Revenues	`Revenues`	$2.10B	USD	3 Qtrs
Compensation and employee benefits	`CostDirectLabor`	$1.05B	USD	3 Qtrs
Compensation and employee benefits	`CostDirectLabor`	$371.25M	USD	1 Quarter
Compensation and employee benefits	`CostDirectLabor`	$388.90M	USD	1 Quarter
Compensation and employee benefits	`CostDirectLabor`	$1.20B	USD	3 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs	`EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnitsAndFPUs`	$29.55M	USD	1 Quarter
Equity-based compensation and allocations of net income to limited partnership units and FPUs	`EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnitsAndFPUs`	$84.81M	USD	3 Qtrs
Equity-based compensation and allocations of net income to limited partnership units and FPUs	`EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnitsAndFPUs`	$44.09M	USD	1 Quarter
Equity-based compensation and allocations of net income to limited partnership units and FPUs	`EquityBasedCompensationAndAllocationsOfNetIncomeToLimitedPartnershipUnitsAndFPUs`	$102.97M	USD	3 Qtrs
Total compensation and employee benefits	`LaborAndRelatedExpense`	$432.99M	USD	1 Quarter
Total compensation and employee benefits	`LaborAndRelatedExpense`	$1.13B	USD	3 Qtrs
Total compensation and employee benefits	`LaborAndRelatedExpense`	$400.80M	USD	1 Quarter
Total compensation and employee benefits	`LaborAndRelatedExpense`	$1.30B	USD	3 Qtrs
Operating, administrative and other	`GeneralAndAdministrativeExpense`	$140.93M	USD	1 Quarter
Operating, administrative and other	`GeneralAndAdministrativeExpense`	$406.74M	USD	3 Qtrs
Operating, administrative and other	`GeneralAndAdministrativeExpense`	$395.88M	USD	3 Qtrs
Operating, administrative and other	`GeneralAndAdministrativeExpense`	$121.38M	USD	1 Quarter
Fees to related parties	`ProfessionalFees`	$20.88M	USD	3 Qtrs
Fees to related parties	`ProfessionalFees`	$6.24M	USD	1 Quarter
Fees to related parties	`ProfessionalFees`	$20.86M	USD	3 Qtrs
Fees to related parties	`ProfessionalFees`	$7.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$41.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$122.33M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$118.76M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$44.36M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$589.43M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$606.03M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.68B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.84B	USD	3 Qtrs
Other income (loss), net	`OtherNonoperatingIncomeExpense`	$-101.43M	USD	3 Qtrs
Other income (loss), net	`OtherNonoperatingIncomeExpense`	$-128.00K	USD	1 Quarter
Other income (loss), net	`OtherNonoperatingIncomeExpense`	$3.20M	USD	1 Quarter
Other income (loss), net	`OtherNonoperatingIncomeExpense`	$4.12M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$58.48M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$30.05M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$160.22M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$45.78M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-7.28M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-24.73M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-7.54M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-24.07M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$51.20M	USD	1 Quarter
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$136.14M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$21.05M	USD	3 Qtrs
Income before income taxes and noncontrolling interests	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$22.51M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.02M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.36M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.29M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$35.72M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$37.91M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$14.15M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$9.03M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$100.42M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$9.95M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.21M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$23.57M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.01M	USD	3 Qtrs
Net income available to common stockholders	`NetIncomeLoss`	$6.03M	USD	3 Qtrs
Net income available to common stockholders	`NetIncomeLoss`	$76.85M	USD	3 Qtrs
Net income available to common stockholders	`NetIncomeLoss`	$27.96M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLoss`	$9.95M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.03M	USD	3 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$9.95M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$27.96M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$76.85M	USD	3 Qtrs
Basic earnings per share (in usd per share)	`EarningsPerShareBasic`	$0.03	USD	3 Qtrs
Basic earnings per share (in usd per share)	`EarningsPerShareBasic`	$0.42	USD	3 Qtrs
Basic earnings per share (in usd per share)	`EarningsPerShareBasic`	$0.16	USD	1 Quarter
Basic earnings per share (in usd per share)	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Basic weighted-average shares of common stock outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	177.23M	shares	1 Quarter
Basic weighted-average shares of common stock outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	183.31M	shares	3 Qtrs
Basic weighted-average shares of common stock outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	174.13M	shares	1 Quarter
Basic weighted-average shares of common stock outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	173.55M	shares	3 Qtrs
Net income for fully diluted shares	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$37.67M	USD	1 Quarter
Net income for fully diluted shares	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$100.48M	USD	3 Qtrs
Net income for fully diluted shares	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$8.29M	USD	3 Qtrs
Net income for fully diluted shares	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$14.07M	USD	1 Quarter
Fully diluted earnings per share (in usd per share)	`EarningsPerShareDiluted`	$0.03	USD	3 Qtrs
Fully diluted earnings per share (in usd per share)	`EarningsPerShareDiluted`	$0.41	USD	3 Qtrs
Fully diluted earnings per share (in usd per share)	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Fully diluted earnings per share (in usd per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Fully diluted weighted-average shares of common stock outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	243.88M	shares	3 Qtrs
Fully diluted weighted-average shares of common stock outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	247.24M	shares	1 Quarter
Fully diluted weighted-average shares of common stock outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	248.07M	shares	3 Qtrs
Fully diluted weighted-average shares of common stock outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	243.47M	shares	1 Quarter

Cash Flow Statement 116 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$100.42M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$9.03M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$14.15M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$37.91M	USD	1 Quarter
Gains on originated mortgage servicing rights	`GainOnOriginatedMortgageServicingRights`	$98.38M	USD	3 Qtrs
Gains on originated mortgage servicing rights	`GainOnOriginatedMortgageServicingRights`	$54.79M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$41.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$122.33M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$118.76M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$44.36M	USD	1 Quarter
Provision for credit losses on the financial guarantee liability	`OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal`	$588.00K	USD	3 Qtrs
Provision for credit losses on the financial guarantee liability	`OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal`	$3.40M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$5.54M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-1.33M	USD	3 Qtrs
Equity-based compensation and allocation of net income to limited partnership units and FPUs	`EquityBasedCompensationAndAllocationOfNetIncomeToLimitedPartnershipUnitsAndFPUs`	$84.81M	USD	3 Qtrs
Equity-based compensation and allocation of net income to limited partnership units and FPUs	`EquityBasedCompensationAndAllocationOfNetIncomeToLimitedPartnershipUnitsAndFPUs`	$102.97M	USD	3 Qtrs
Employee loan amortization	`AdjustmentForAmortization`	$78.69M	USD	3 Qtrs
Employee loan amortization	`AdjustmentForAmortization`	$60.97M	USD	3 Qtrs
Deferred tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-94.00K	USD	3 Qtrs
Deferred tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Non-cash changes in acquisition related earn-outs	`NoncashChangesInAcquisitionEarnouts`	$381.00K	USD	3 Qtrs
Non-cash changes in acquisition related earn-outs	`NoncashChangesInAcquisitionEarnouts`	$1.17M	USD	3 Qtrs
Unrealized (gains)/losses on loans held for sale	`UnrealizedGainsLossOnLoansHeldForSale`	$-550.00K	USD	3 Qtrs
Unrealized (gains)/losses on loans held for sale	`UnrealizedGainsLossOnLoansHeldForSale`	$-36.27M	USD	3 Qtrs
Loss (income) from an equity method investment	`IncomeLossFromEquityMethodInvestments`	$5.70M	USD	1 Quarter
Loss (income) from an equity method investment	`IncomeLossFromEquityMethodInvestments`	$100.00K	USD	3 Qtrs
Loss (income) from an equity method investment	`IncomeLossFromEquityMethodInvestments`	$14.22M	USD	3 Qtrs
Loss (income) from an equity method investment	`IncomeLossFromEquityMethodInvestments`	$100.00K	USD	1 Quarter
Realized losses on marketable securities	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	-	USD	3 Qtrs
Realized losses on marketable securities	`MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments`	$-7.47M	USD	3 Qtrs
Unrealized losses on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-80.41M	USD	3 Qtrs
Unrealized losses on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-548.00K	USD	3 Qtrs
Unrealized losses (gains) on non-marketable investments	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-13.94M	USD	3 Qtrs
Unrealized losses (gains) on non-marketable investments	`EquitySecuritiesFvNiUnrealizedGainLoss`	-	USD	3 Qtrs
Loan originationsloans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$5.25B	USD	3 Qtrs
Loan originationsloans held for sale	`PaymentsForOriginationOfMortgageLoansHeldForSale`	$5.80B	USD	3 Qtrs
Loan salesloans held for sale	`ProceedsFromSaleOfMortgageLoansHeldForSale`	$4.78B	USD	3 Qtrs
Loan salesloans held for sale	`ProceedsFromSaleOfMortgageLoansHeldForSale`	$5.86B	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$11.24M	USD	3 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$1.75M	USD	3 Qtrs
Consolidated net income (loss), adjusted for non-cash and non-operating items	`NetIncomeLossAfterAdjustmentsForNonCashAndNonoperatingItems`	$-237.99M	USD	3 Qtrs
Consolidated net income (loss), adjusted for non-cash and non-operating items	`NetIncomeLossAfterAdjustmentsForNonCashAndNonoperatingItems`	$487.05M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$-23.44M	USD	3 Qtrs
Receivables, net	`IncreaseDecreaseInAccountsReceivable`	$-59.52M	USD	3 Qtrs
Loans, forgivable loans and other receivables from employees and partners	`IncreaseDecreaseInDueFromEmployeeCurrent`	$100.59M	USD	3 Qtrs
Loans, forgivable loans and other receivables from employees and partners	`IncreaseDecreaseInDueFromEmployeeCurrent`	$209.59M	USD	3 Qtrs
Right-of-use asset	`RightOfUseAssetIncreaseDecrease`	$1.74M	USD	3 Qtrs
Right-of-use asset	`RightOfUseAssetIncreaseDecrease`	$-52.84M	USD	3 Qtrs
Receivable from related parties	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	3 Qtrs
Receivable from related parties	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-8.26M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$53.24M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$13.44M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$-90.92M	USD	3 Qtrs
Accrued compensation	`IncreaseDecreaseInAccruedSalaries`	$-102.38M	USD	3 Qtrs
Right-of-use liability	`IncreaseDecreaseInOperatingLeaseLiability`	$11.71M	USD	3 Qtrs
Right-of-use liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-32.12M	USD	3 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-40.79M	USD	3 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$28.84M	USD	3 Qtrs
Payables to related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-3.07M	USD	3 Qtrs
Payables to related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-7.00M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$264.74M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-485.94M	USD	3 Qtrs
Payments for acquisitions, net of cash acquired and proceeds from divestitures	`PaymentsToAcquireBusinessesNetOfCashAcquiredAndProceedsFromDivestitureOfBusinessNetOfCashDivested`	$64.25M	USD	3 Qtrs
Payments for acquisitions, net of cash acquired and proceeds from divestitures	`PaymentsToAcquireBusinessesNetOfCashAcquiredAndProceedsFromDivestitureOfBusinessNetOfCashDivested`	$99.89M	USD	3 Qtrs
Proceeds from the sale of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$437.82M	USD	3 Qtrs
Proceeds from the sale of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	3 Qtrs
Proceeds from the exercise of redemption option	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	3 Qtrs
Proceeds from the exercise of redemption option	`ProceedsFromSaleOfEquityMethodInvestments`	$105.50M	USD	1 Quarter
Proceeds from the exercise of redemption option	`ProceedsFromSaleOfEquityMethodInvestments`	$105.50M	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	$32.00K	USD	3 Qtrs
Purchase of marketable securities	`PaymentsToAcquireMarketableSecurities`	-	USD	3 Qtrs
Purchase of non-marketable investments	`PaymentsToAcquireEquitySecuritiesFvNi`	$2.72M	USD	3 Qtrs
Purchase of non-marketable investments	`PaymentsToAcquireEquitySecuritiesFvNi`	-	USD	3 Qtrs
Purchase of non-marketable investments	`PaymentsToAcquireEquitySecuritiesFvNi`	-	USD	1 Quarter
Purchases of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$40.02M	USD	3 Qtrs
Purchases of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.82M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-38.20M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$330.80M	USD	3 Qtrs
Proceeds from warehouse facilities	`ProceedsFromLinesOfCredit`	$5.25B	USD	3 Qtrs
Proceeds from warehouse facilities	`ProceedsFromLinesOfCredit`	$5.80B	USD	3 Qtrs
Principal payments on warehouse facilities	`RepaymentsOfLinesOfCredit`	$4.78B	USD	3 Qtrs
Principal payments on warehouse facilities	`RepaymentsOfLinesOfCredit`	$5.84B	USD	3 Qtrs
Borrowing of debt	`ProceedsFromIssuanceOfOtherLongTermDebt`	-	USD	3 Qtrs
Borrowing of debt	`ProceedsFromIssuanceOfOtherLongTermDebt`	$250.00M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfOtherLongTermDebt`	-	USD	3 Qtrs
Repayment of debt	`RepaymentsOfOtherLongTermDebt`	$195.00M	USD	3 Qtrs
Repurchase agreements and securities loaned	`ProceedsFromRepaymentsOfSecuritiesLoaned`	-	USD	3 Qtrs
Repurchase agreements and securities loaned	`ProceedsFromRepaymentsOfSecuritiesLoaned`	$-140.01M	USD	3 Qtrs
Treasury stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$32.27M	USD	3 Qtrs
Treasury stock repurchases	`PaymentsForRepurchaseOfCommonStock`	$281.19M	USD	3 Qtrs
Earnings and tax distributions to limited partnership interests and other noncontrolling interests	`PaymentsToMinorityShareholders`	$74.71M	USD	3 Qtrs
Earnings and tax distributions to limited partnership interests and other noncontrolling interests	`PaymentsToMinorityShareholders`	$31.66M	USD	3 Qtrs
Dividends to stockholders	`PaymentsOfCapitalDistribution`	$15.69M	USD	3 Qtrs
Dividends to stockholders	`PaymentsOfCapitalDistribution`	$12.75M	USD	3 Qtrs
Payments on acquisition earn-outs	`PaymentsOfMergerRelatedCostsFinancingActivities`	$6.45M	USD	3 Qtrs
Payments on acquisition earn-outs	`PaymentsOfMergerRelatedCostsFinancingActivities`	$983.00K	USD	3 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$5.04M	USD	3 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$1.99M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$444.47M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-554.50M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$41.04M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-79.68M	USD	3 Qtrs
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$312.95M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$307.54M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$266.50M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.28M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$312.95M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$307.54M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$266.50M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$233.28M	USD	Point-in-time
Interest	`InterestPaidNet`	$20.64M	USD	3 Qtrs
Interest	`InterestPaidNet`	$24.36M	USD	3 Qtrs
Taxes	`IncomeTaxesPaid`	$86.51M	USD	3 Qtrs
Taxes	`IncomeTaxesPaid`	$45.97M	USD	3 Qtrs
Right-of-use assets and liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$57.69M	USD	3 Qtrs
Right-of-use assets and liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$87.45M	USD	3 Qtrs

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.48B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Consolidated net income	`ProfitLoss`	$100.42M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$9.03M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$14.15M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$37.91M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.90M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.88M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-16.47M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.85M	USD	1 Quarter
Cantor purchase of Cantor units from Newmark Holdings upon redemption/exchange of FPU's	`StockIssuedDuringPeriodValueNewIssues`	$863.00K	USD	3 Qtrs
Cantor purchase of Cantor units from Newmark Holdings upon redemption/exchange of FPU's	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Cantor purchase of Cantor units from Newmark Holdings upon redemption/exchange of FPU's	`StockIssuedDuringPeriodValueNewIssues`	$1.76M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStockStock`	$5.25M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStockStock`	$5.36M	USD	1 Quarter
Dividends declared per share of common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStockStock`	$12.75M	USD	3 Qtrs
Dividends declared per share of common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.09	USD	3 Qtrs
Dividends declared per share of common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.09	USD	3 Qtrs
Dividends declared per share of common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStockStock`	$15.69M	USD	3 Qtrs
Dividends declared and paid per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.03	USD	1 Quarter
Purchase of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$21.95M	USD	3 Qtrs
Dividends declared and paid per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.09	USD	3 Qtrs
Dividends declared and paid per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.03	USD	1 Quarter
Dividends declared and paid per share of common stock (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	3 Qtrs
Earnings distributions to limited partnership interests and other noncontrolling interests	`NoncontrollingInterestEarningsDistributionsToLimitedPartnershipInterestsAndOtherNoncontrollingInterest`	$-5.88M	USD	1 Quarter
Earnings distributions to limited partnership interests and other noncontrolling interests	`NoncontrollingInterestEarningsDistributionsToLimitedPartnershipInterestsAndOtherNoncontrollingInterest`	$32.18M	USD	3 Qtrs
Earnings distributions to limited partnership interests and other noncontrolling interests	`NoncontrollingInterestEarningsDistributionsToLimitedPartnershipInterestsAndOtherNoncontrollingInterest`	$440.00K	USD	1 Quarter
Earnings distributions to limited partnership interests and other noncontrolling interests	`NoncontrollingInterestEarningsDistributionsToLimitedPartnershipInterestsAndOtherNoncontrollingInterest`	$54.02M	USD	3 Qtrs
Grant of exchangeability, redemption and issuance of Class A common stock	`NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests`	$54.20M	USD	3 Qtrs
Grant of exchangeability, redemption and issuance of Class A common stock	`NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests`	$72.24M	USD	3 Qtrs
Grant of exchangeability, redemption and issuance of Class A common stock	`NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests`	$19.99M	USD	1 Quarter
Grant of exchangeability, redemption and issuance of Class A common stock	`NoncontrollingInterestIncreaseDecreaseFromGrantOfExchangeabilityRedemptionAndIssuanceOfLimitedPartnershipInterests`	$33.94M	USD	1 Quarter
Contributions of capital to and from Cantor for equity-based compensation	`EquityBasedCompensationContributionsOfCapitalToAndFromCantor`	$-819.00K	USD	1 Quarter
Contributions of capital to and from Cantor for equity-based compensation	`EquityBasedCompensationContributionsOfCapitalToAndFromCantor`	$505.00K	USD	3 Qtrs
Contributions of capital to and from Cantor for equity-based compensation	`EquityBasedCompensationContributionsOfCapitalToAndFromCantor`	$-1.93M	USD	1 Quarter
Contributions of capital to and from Cantor for equity-based compensation	`EquityBasedCompensationContributionsOfCapitalToAndFromCantor`	$-2.44M	USD	3 Qtrs
Repurchase of Class A common stock	`TreasuryStockValueAcquiredParValueMethod`	$281.19M	USD	3 Qtrs
Repurchase of Class A common stock	`TreasuryStockValueAcquiredParValueMethod`	$105.27M	USD	1 Quarter
Repurchase of Class A common stock	`TreasuryStockValueAcquiredParValueMethod`	$32.27M	USD	3 Qtrs
Repurchase of Class A common stock	`TreasuryStockValueAcquiredParValueMethod`	$18.91M	USD	1 Quarter
Restricted stock units compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.51M	USD	1 Quarter
Restricted stock units compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.05M	USD	3 Qtrs
Restricted stock units compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.71M	USD	1 Quarter
Restricted stock units compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.34M	USD	3 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.48B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$100.42M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$9.03M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$14.15M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$37.91M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-16.47M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-9.85M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.90M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.88M	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.31M	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$7.14M	USD	3 Qtrs
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$29.03M	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$83.95M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$2.57M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$23.57M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interests, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$9.95M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$2.37M	USD	1 Quarter
Comprehensive income available to common stockholders	`ComprehensiveIncomeNetOfTax`	$60.37M	USD	3 Qtrs
Comprehensive income available to common stockholders	`ComprehensiveIncomeNetOfTax`	$4.57M	USD	3 Qtrs
Comprehensive income available to common stockholders	`ComprehensiveIncomeNetOfTax`	$1.94M	USD	1 Quarter
Comprehensive income available to common stockholders	`ComprehensiveIncomeNetOfTax`	$19.08M	USD	1 Quarter

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