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Derivatives - Fair Value of Derivative Contracts (Parenthetical) (Detail) - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]      
Derivative contract, Assets $ 73,448   $ 92,528
Valuation of derivative asset 28,967 $ 2,808  
Derivative contract, Notional Amounts 2,435,513   1,814,834
Forward Contracts [Member]      
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]      
Derivative contract, Assets [1] 51,497   85,796
Derivative contract, Notional Amounts [2] 1,794,842   1,574,114
Forward Contracts [Member] | NASDAQ [Member]      
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]      
Derivative contract, Assets 48,700   77,600
Valuation of derivative asset 29,000   (19,000)
Derivative contract, Notional Amounts $ 361,000   $ 361,000
[1] Included in Forwards is $48.7 million and $77.6 million of the Nasdaq Forwards as of June 30, 2019 and December 31, 2018, respectively (See Note 1 — Organization and Basis of Presentation). Newmark recorded $29.0 million and $(19.0) million of unrealized (gains)/losses for a change in the fair value of the Nasdaq Forwards as of June 30, 2019 and December 31, 2018, respectively.
[2] Notional amounts represent the sum of gross long and short derivative contracts, an indication of the volume of Newmark’s derivative activity, and does not represent anticipated losses. Included in the notional amounts of forwards is $361.0 million for the Nasdaq Forwards as of June 30, 2019 and December 31, 2018.