Acquisitions (Tables)

3 Months Ended

Mar. 31, 2021

Summary of components of purchase consideration transferred and preliminary allocation of assets acquired and liabilities assumed

For the three months ended March 31, 2021, the following table summarizes the components of the purchase consideration transferred, and the preliminary allocation of the assets acquired, and liabilities assumed, for the acquisition. 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 (in thousands):


	As of the Acquisition Date
Purchase Price
First and second lien debt	$	39,293
Debtor-in-possession financing	19,788
Assumed liability	6,958
Total	$	66,039

Allocations
Cash	$	7,355
Goodwill	33,014
Other intangible assets, net	18,890
Receivables, net	3,305
Fixed Assets, net	20,237
Other assets	44,844
Right-of-use Assets	239,702
Right-of-use Liabilities	(236,634)
Accounts payable, accrued expenses and other liabilities	(64,674)
Total	$	66,039

For the year ended December 31, 2020, the following table summarizes the components of the purchase consideration transferred, and the preliminary allocation of the assets acquired, and liabilities assumed, for the acquisition. 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 (in thousands):


	As of the Acquisition Date
Purchase Price
Cash, stock and units issued at closing	$	6,249
Contingent consideration	3,590
Total	$	9,839

Allocations
Goodwill	$	6,294
Other intangible assets, net	2,700
Receivables, net	796
Fixed Assets, net	134
Other assets	29
Accounts payable, accrued expenses and other liabilities	(114)
Total	$	9,839