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Warehouse Facilities Collateralized by U.S. Government Sponsored Enterprises (Tables) | 6 Months Ended
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Jun. 30, 2019
Brokers And Dealers [Abstract] |
Schedule of Company Lines Available and Borrowings Outstanding | As of June 30, 2019, Newmark had the following lines available and borrowings outstanding (in thousands):
|  | Committed Lines |  |  | Uncommitted Lines |  |  | Balance at June 30, 2019 |  |  | Stated Spread to One Month LIBOR |  | Rate Type
Warehouse facility due June 17, 2020 |  | $ | 450,000 |  |  | $ | — |  |  | $ | 120,945 |  |  | 115 bps |  | Variable
Warehouse facility due June 17, 2020 |  |  | - |  |  |  | 200,000 |  |  |  | - |  |  | 110 bps |  | Variable
Warehouse facility due September 25, 2019 |  |  | 200,000 |  |  |  | — |  |  |  | 189,749 |  |  | 115 bps |  | Variable
Warehouse facility due October 10, 2019(1) |  |  | 700,000 |  |  |  | — |  |  |  | 433,854 |  |  | 115 bps |  | Variable
Fannie Mae repurchase agreement, open maturity |  |  | — |  |  |  | 325,000 |  |  |  | 48,646 |  |  | 105 bps |  | Variable
|  | $ | 1,350,000 |  |  | $ | 525,000 |  |  | $ | 793,194 |  |  |  |  |
| (1) | The warehouse facility was temporarily increased by $400.0 million to $700.0 million for the period of May 16, 2019 to July 15, 2019. The warehouse facility was temporarily increased by $200.0 million to $500.0 million for the period of July 15, 2019 to August 28, 2019. The warehouse facility was temporarily increased by an additional $1.3 billion to $1.8 billion for the period no longer than July 16, 2019 to September 13, 2019.
As of December 31, 2018, Newmark had the following lines available and borrowings outstanding (in thousands):
|  | Committed Lines |  |  | Uncommitted Lines |  |  | Balance at December 31, 2018 |  |  | Stated Spread to One Month LIBOR |  | Rate Type
Warehouse facility due June 19, 2019 |  | $ | 450,000 |  |  | $ | — |  |  | $ | 413,063 |  |  | 120 bps |  | Variable
Warehouse facility due September 25, 2019 |  |  | 200,000 |  |  |  | — |  |  |  | 113,452 |  |  | 120 bps |  | Variable
Warehouse facility due October 10, 2019(2) |  |  | 1,000,000 |  |  |  | — |  |  |  | 416,373 |  |  | 120 bps |  | Variable
Fannie Mae repurchase agreement, open maturity |  |  | — |  |  |  | 325,000 |  |  |  | 29,499 |  |  | 115 bps |  | Variable
|  | $ | 1,650,000 |  |  | $ | 325,000 |  |  | $ | 972,387 |  |  |  |  |
| (2) | The warehouse facility was temporarily increased by $700.0 million to $1.0 billion for the period of November 30, 2018 to January 29, 2019. On January 29, 2019, the temporary increase was decreased by $400 million to $300 million for the period January 29, 2019 to April 1, 2019.

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- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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