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Acquisitions (Tables) | 6 Months Ended
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Jun. 30, 2019
Business Combinations [Abstract] |
Summary of Components of Purchase Consideration Transferred and Preliminary Allocation of Assets Acquired and Liabilities Assumed | For the six months ended June 30, 2019, the following table summarizes the components of the purchase consideration transferred, and the preliminary allocation of the assets acquired, and liabilities assumed. Newmark expects to finalize its analysis of the assets acquired and liabilities assumed within the first year of the acquisition, and therefore adjustments to assets and liabilities may occur.
|  | As of the Acquisition Date |
Assets |  |  |  |
Cash and cash equivalents |  | $ | 922 |
Goodwill |  |  | 27,798 |
Receivables, net |  |  | 4,348 |
Fixed Assets, net |  |  | 15 |
Other intangible assets, net |  |  | 2,075 |
Other assets |  |  | 236 |
Total assets |  |  | 35,394 |
Current liabilities |  |  |  |
Current portion of accounts payable, accrued expenses and other liabilities |  |  | 1,365 |
Accrued compensation |  |  | 2,125 |
Total liabilities |  |  | 3,490 |
Net assets acquired |  | $ | 31,904 |
For the year ended December 31, 2018, the following table summarizes the components of the purchase consideration transferred, and the preliminary allocation of the assets acquired, and liabilities assumed. Newmark expects to finalize its analysis of the assets acquired and liabilities assumed within the first year of the acquisition, and therefore adjustments to assets and liabilities may occur.
|  | As of the Acquisition Date |
Assets |  |  |  |
Cash and cash equivalents |  | $ | 1,110 |
Goodwill |  |  | 42,188 |
Receivables, net |  |  | 50,731 |
Fixed Assets, net |  |  | 1,276 |
Other intangible assets, net |  |  | 4,677 |
Other assets |  |  | 2,894 |
Total assets |  |  | 102,876 |
Current liabilities |  |  |  |
Current portion of accounts payable, accrued expenses and other liabilities |  |  | 15,937 |
Accrued compensation |  |  | 26,765 |
Total liabilities |  |  | 42,702 |
Net assets acquired |  | $ | 60,174 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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