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Revenues from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2019
Revenue From Contract With Customer [Abstract]  
Schedule of Revenues from Contracts with Customers and Other Sources of Revenues

The following table presents Newmark’s total revenues separately for its revenues from contracts with customers and other sources of revenues (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Revenues from contracts with customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Leasing and other commissions

 

$

217,381

 

 

$

178,142

 

 

$

389,851

 

 

$

337,513

 

Capital markets commissions

 

 

128,750

 

 

 

101,691

 

 

 

231,547

 

 

 

203,055

 

Management services

 

 

117,472

 

 

 

107,228

 

 

 

215,561

 

 

 

204,160

 

Revenues

 

 

463,603

 

 

 

387,061

 

 

 

836,959

 

 

 

744,728

 

Other sources of revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gains from mortgage banking activities/originations, net(1)

 

 

45,091

 

 

 

41,877

 

 

 

76,437

 

 

 

80,791

 

Servicing fees and other(1)

 

 

42,784

 

 

 

37,681

 

 

 

85,738

 

 

 

71,560

 

Revenues

 

$

551,478

 

 

$

466,619

 

 

$

999,134

 

 

$

897,079

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Although these items have customers under contract, they were recorded as other sources of revenue as they were excluded from the scope of ASU No. 2014-09.