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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:          
Consolidated net income $ 32,064 $ 4,294 $ 55,470 $ 36,781  
Adjustments to reconcile net income to net cash (used in) provided by operating activities:          
Gain on originated mortgage servicing rights     (38,687) (31,731)  
Depreciation and amortization 33,425 20,201 61,729 42,714  
Equity-based compensation and allocations of net income to limited partnership units and FPUs     53,224 84,783  
Employee loan amortization     18,504 11,605  
Deferred tax provision     956 4,395  
Change in fair value of contingent consideration     431 353  
Unrealized gains on loans held for sale     (25,698) (7,288)  
Income from an equity method investment     (4,750) (5,019)  
Provision for uncollectible accounts     1,645 2,217  
Realized gains on marketable securities (1,900) (900) (1,812) (1,494)  
Unrealized gains on marketable securities     (5,110) (1,444)  
Unrealized gain on measurement alternative investments     (3,927)    
Changes in valuation of derivative asset     28,967 2,808  
Loan originations—loans held for sale     (3,498,483) (2,659,827)  
Loan sales—loans held for sale     3,696,135 2,481,781  
Other     2,045 509  
Consolidated net income (loss), adjusted for non-cash and non-operating items     340,639 (38,857)  
Changes in operating assets and liabilities:          
Receivables, net     (14,877) (44,487)  
Loans, forgivable loans and other receivables from employees and partners     (53,809) (49,910)  
Other assets     (43,491) (24,674)  
Accrued compensation     (41,623) (2,920)  
Accounts payable, accrued expenses and other liabilities     31,771 39,859  
Net cash provided by (used in) operating activities     218,610 (120,989)  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Payments for acquisitions, net of cash acquired     (16,203) (5,255)  
Proceeds from the sale of marketable securities     22,204 51,433  
Purchases of non-marketable investments     (20,100) (22,500)  
Purchases of fixed assets     (10,740) (9,128)  
Purchases of mortgage servicing rights     (722) (1,608)  
Net cash (used in) provided by investing activities     (25,561) 12,942  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Proceeds from warehouse facilities     3,498,483 2,659,827  
Principal payments on warehouse facilities     (3,677,675) (2,479,696)  
Proceeds from BGC's purchase of exchangeable limited partnership units in Newmark Holdings       241,960  
Proceeds from issuance of exchangeable preferred partnership units       152,886  
Payments to related parties     (3,760) (18,000)  
Borrowings from related parties       251,227  
Settlement of pre-Spin-Off related party receivables     33,892    
Fees relating to the IPO       (8,870)  
Repayment of debt     (65,000) (423,560)  
Borrowings of debt     110,000    
Securities loaned     33,660 (48,496)  
Earnings distributions to limited partnership interests and noncontrolling interests     (93,868) (100)  
Dividends to stockholders     (33,961) (13,929)  
Treasury stock repurchases     (13,896)    
Payments on acquisition earn-outs     (2,917) (3,255)  
Payments of deferred financing costs     (81) (56)  
Net cash (used in) provided by financing activities     (215,123) 309,938  
Net (decrease) increase in cash and cash equivalents and restricted cash     (22,074) 201,891  
Cash and cash equivalents and restricted cash at beginning of period     187,406 173,374 $ 173,374
Cash and cash equivalents and restricted cash at end of period $ 165,332 $ 375,265 165,332 375,265 $ 187,406
Cash paid during the period for:          
Interest     18,611 33,366  
Taxes     $ 73,950 $ 34