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Revenues from Contracts with Customers (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Revenues from Contracts with Customers and Our 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 March 31,
						2023						2022
Revenues from contracts with customers:
Leasing and other commissions						$	193,306					$	198,952
Investment sales						71,993						152,113
Mortgage brokerage and debt placement						17,146						46,290
Management services						162,104						185,061
Total						444,549						582,416
Other sources of revenue(1):
Fair value of expected net future cash flows from servicing recognized at commitment, net						14,099						29,472
Loan originations related fees and sales premiums, net						11,963						18,300
Servicing fees and other						50,188						48,059
Total						$	520,799					$	678,247

(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. 2014-9.

Schedule of Revenue Remaining Performance Obligation

Approximate future cash flows to be received over the next five years as of March 31, 2023 are as follows (in thousands):

2023			$	81,637
2024			58,708
2025			28,645
2026			7,540
2027			2,677
Thereafter			1,601
Total			$	180,808

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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- References

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X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045

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