XML 131 R120.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Related Party Transactions - Transactions with Executive Officers and Directors (Howard Lutnick) (Details) - USD ($) |  |  |  |  |  | 3 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Jan. 02, 2024 | May 18, 2023 | Apr. 01, 2023 | Dec. 28, 2021 | Dec. 21, 2021 | Mar. 31, 2024 | Mar. 31, 2023 | Apr. 19, 2019 | Apr. 01, 2019
Related Party Transaction |  |  |  |  |  |  |  |  |
Number of units redeemed (in shares) |  |  |  |  |  | 3,647,613 | 2,744,554 |  |
Issuance of common stock and exchangeability expenses |  |  |  |  |  | $ 36,106,000 | $ 24,583,000 |  |
Related party transaction, award payment term |  |  |  | 3 years |  |  |  |  |
BGC Holdings, L.P. |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Number of units redeemed (in shares) |  |  |  |  |  | 0 | 16,276 |  |
NEWMARK Group Inc |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Number of units redeemed (in shares) |  |  |  |  |  | 3,647,613 | 2,728,278 |  |
Howard W. Lutnick |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Cash payment | $ 1,250,000 |  |  |  |  |  |  |  |
Contingent gross revenue minimum |  |  |  |  |  |  |  | $ 5,000,000 |
Class of warrant or right, rights exercised (in shares) |  |  |  |  | 250,000 |  |  |  |
Howard W. Lutnick | Retention Bonus Agreement |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Aggregate cash payments |  |  |  | $ 50,000,000 |  |  |  |  |
Howard W. Lutnick | Retention Bonus Agreement, Payment Within Three Days |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Aggregate cash payments |  |  |  | 20,000,000 |  |  |  |  |
Howard W. Lutnick | Retention Bonus Agreement, Payment Within Thirty Days |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Aggregate cash payments |  |  |  | $ 10,000,000 |  |  |  |  |
Howard W. Lutnick | BGC Holdings, L.P. |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Number of units redeemed (in shares) |  | 1,474,930 |  |  |  |  |  |  |
Issuance of common stock and exchangeability expenses |  | $ 9,100,000 |  |  |  |  |  |  |
Howard W. Lutnick | NEWMARK Group Inc |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Issuance of common stock and exchangeability expenses |  | $ 7,000,000 |  |  |  |  |  |  |
Rights for Previously Non-Exchangeable PSUs | Howard W. Lutnick |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Warrants and rights outstanding (in shares) | 617,262 |  |  |  |  |  |  |  |
Class of warrant or right, number of securities called by warrants or rights (in shares) | 617,262 |  |  |  |  |  |  |  |
Rights for Monetization of Previously Awarded Nonexchangeable PPSUs | Howard W. Lutnick |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Warrants and rights outstanding (in shares) | 81,275 |  |  |  |  |  |  |  |
Class of warrant or right, cash payment called by warrants or rights | $ 1,250,000 |  |  |  |  |  |  |  |
Non-Exchangeable Rights for Newmark Holdings PSUs/NPSUs | Howard W. Lutnick |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Class of warrant or right, waived (in shares) | 617,262 |  |  |  |  |  |  |  |
Non-Exchangeable Rights for Newmark Holdings PPSUs | Howard W. Lutnick |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Class of warrant or right, waived (in shares) | 81,274 |  |  |  |  |  |  |  |
Newmark Holdings NPSUs and NNPSUs | Howard W. Lutnick |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Class of warrant or right, exercise price of warrants or rights (in dollars per share) |  |  |  |  |  |  |  |  | $ 10.05
Newmark Holdings NPSUs | Howard W. Lutnick |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Warrants and rights outstanding (in shares) |  |  |  |  |  |  |  |  | 500,000
Class of warrant or right, number of securities called annually by warrants or rights (in shares) |  |  |  |  |  |  |  | 125,000 |
Class of warrant or right, rights exchanged (in shares) |  |  | 125,000 |  |  |  |  |  |
Newmark Holdings NPPSUs | Howard W. Lutnick |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Warrants and rights outstanding (in shares) |  |  |  |  |  |  |  |  | 500,000
Class of warrant or right, number of securities called annually by warrants or rights (in shares) |  |  |  |  |  |  |  | 125,000 |
Non-Exchangeable Newmark Holdings PSUs | Howard W. Lutnick |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Class of warrant or right, number of securities called annually by warrants or rights (in shares) |  |  |  |  |  |  |  | 125,000 |
Class of warrant or right, rights exchanged (in shares) |  |  | 125,000 |  |  |  |  |  |
Non-Exchangeable Newmark Holdings PPSUs | Howard W. Lutnick |  |  |  |  |  |  |  |  |
Related Party Transaction |  |  |  |  |  |  |  |  |
Class of warrant or right, number of securities called annually by warrants or rights (in shares) |  |  |  |  |  |  |  | 125,000 |

X
- Definition Class of Warrant Or Right, Cash Payment Called By Warrants or Rights + References No definition available. + Details
Name: | nmrk_ClassOfWarrantOrRightCashPaymentCalledByWarrantsOrRights
Namespace Prefix: | nmrk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Class Of Warrant Or Right, Cash Waived + References No definition available. + Details
Name: | nmrk_ClassOfWarrantOrRightCashWaived
Namespace Prefix: | nmrk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Class Of Warrant Or Right, Number Of Securities Called Annually By Warrants Or Rights + References No definition available. + Details
Name: | nmrk_ClassOfWarrantOrRightNumberOfSecuritiesCalledAnnuallyByWarrantsOrRights
Namespace Prefix: | nmrk_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Class Of Warrant Or Right, Revenue Threshold + References No definition available. + Details
Name: | nmrk_ClassOfWarrantOrRightRevenueThreshold
Namespace Prefix: | nmrk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Class Of Warrant Or Right, Rights Exchanged + References No definition available. + Details
Name: | nmrk_ClassOfWarrantOrRightRightsExchanged
Namespace Prefix: | nmrk_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Class Of Warrant Or Right, Rights Exercised + References No definition available. + Details
Name: | nmrk_ClassOfWarrantOrRightRightsExercised
Namespace Prefix: | nmrk_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Class Of Warrant Or Right, Waived + References No definition available. + Details
Name: | nmrk_ClassOfWarrantOrRightWaived
Namespace Prefix: | nmrk_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Common Stock, Exchangeability Granted, Issued, Expense + References No definition available. + Details
Name: | nmrk_CommonStockExchangeabilityGrantedIssuedExpense
Namespace Prefix: | nmrk_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Payments For Related Party Transactions + References No definition available. + Details
Name: | nmrk_PaymentsForRelatedPartyTransactions
Namespace Prefix: | nmrk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Related Party Transaction, Award Payment Term + References No definition available. + Details
Name: | nmrk_RelatedPartyTransactionAwardPaymentTerm
Namespace Prefix: | nmrk_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Share based compensation arrangement by share based payment award units redeemed. + References No definition available. + Details
Name: | nmrk_ShareBasedCompensationArrangementByShareBasedPaymentAwardUnitsRedeemed
Namespace Prefix: | nmrk_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Exercise price per share or per unit of warrants or rights outstanding. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-3 + Details
Name: | us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-3 + Details
Name: | us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of warrants or rights outstanding. + References No definition available. + Details
Name: | us-gaap_ClassOfWarrantOrRightOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(c)(2)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(c)(2)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(g)(3)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 + Details
Name: | us-gaap_RelatedPartyTransactionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=nmrk_BGCHoldingPartnershipUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=srt_BoardOfDirectorsChairmanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=nmrk_RetentionBonusAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=nmrk_RetentionBonusAgreementPaymentWithinThreeDaysMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionAxis=nmrk_RetentionBonusAgreementPaymentWithinThirtyDaysMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=nmrk_RightsForPreviouslyNonExchangeablePSUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=nmrk_RightsForMonetizationOfPreviouslyAwardedNonexchangeablePPSUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=nmrk_NonExchangeableRightsForNewmarkHoldingsPSUsNPSUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=nmrk_NonExchangeableRightsForNewmarkHoldingsPPSUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=nmrk_NewmarkHoldingsNPSUsAndNNPSUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=nmrk_NewmarkHoldingsNPSUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=nmrk_NewmarkHoldingsNPPSUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=nmrk_NonExchangeableNewmarkHoldingsPSUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=nmrk_NonExchangeableNewmarkHoldingsPPSUsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |