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Segments (Tables) | 9 Months Ended
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Sep. 30, 2016
Segment Reporting [Abstract] |
Summarized Financial Information by Segment | Summarized financial information by segment is as follows (dollars in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2016 |  |  | 2015 (1) |  |  | 2016 |  |  | 2015 (1) |
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 1,770,369 |  |  | $ | 1,556,648 |  |  | $ | 5,129,684 |  |  | $ | 4,218,753 |
EMEA |  |  | 956,492 |  |  |  | 737,863 |  |  |  | 2,765,825 |  |  |  | 1,817,601 |
Asia Pacific |  |  | 358,320 |  |  |  | 285,337 |  |  |  | 1,023,162 |  |  |  | 755,531 |
Global Investment Management |  |  | 91,807 |  |  |  | 114,094 |  |  |  | 277,924 |  |  |  | 318,371 |
Development Services |  |  | 16,499 |  |  |  | 18,617 |  |  |  | 51,163 |  |  |  | 45,312 |
Total revenue |  | $ | 3,193,487 |  |  | $ | 2,712,559 |  |  | $ | 9,247,758 |  |  | $ | 7,155,568 |
EBITDA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 186,274 |  |  | $ | 197,379 |  |  | $ | 568,019 |  |  | $ | 581,397 |
EMEA |  |  | 49,774 |  |  |  | 56,666 |  |  |  | 101,690 |  |  |  | 114,328 |
Asia Pacific |  |  | 26,744 |  |  |  | 33,252 |  |  |  | 57,673 |  |  |  | 77,438 |
Global Investment Management |  |  | 6,054 |  |  |  | 29,397 |  |  |  | 53,577 |  |  |  | 80,390 |
Development Services |  |  | 15,709 |  |  |  | 9,883 |  |  |  | 66,109 |  |  |  | 16,172 |
Total EBITDA |  | $ | 284,555 |  |  | $ | 326,577 |  |  | $ | 847,068 |  |  | $ | 869,725 |
(1) | During 2016, we changed our methodology for allocating certain costs to our reporting segments, including stock compensation, currency hedging and certain intercompany transactions. Prior year amounts have been reclassified to conform with the current year presentation. Such changes had no impact on our consolidated results.
EBITDA Calculation by Segment | EBITDA for our segments is calculated as follows (dollars in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2016 |  |  | 2015 (1) |  |  | 2016 |  |  | 2015 (1) |
Americas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to CBRE Group, Inc. |  | $ | 69,176 |  |  | $ | 92,008 |  |  | $ | 231,158 |  |  | $ | 286,796 |
Add: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 62,545 |  |  |  | 47,209 |  |  |  | 186,342 |  |  |  | 134,750 |
Interest expense, net |  |  | 21,492 |  |  |  | 9,692 |  |  |  | 64,583 |  |  |  | 17,485 |
Write-off of financing costs on extinguished debt |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,685 |
Royalty and management service income |  |  | (3,138 | ) |  |  | (2,703 | ) |  |  | (23,295 | ) |  |  | (9,668 | )
Provision for income taxes |  |  | 36,199 |  |  |  | 51,173 |  |  |  | 109,231 |  |  |  | 149,349 |
EBITDA |  | $ | 186,274 |  |  | $ | 197,379 |  |  | $ | 568,019 |  |  | $ | 581,397 |
EMEA |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to CBRE Group, Inc. |  | $ | 23,524 |  |  | $ | 24,535 |  |  | $ | 19,278 |  |  | $ | 24,921 |
Add: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 19,385 |  |  |  | 15,175 |  |  |  | 50,647 |  |  |  | 44,574 |
Interest expense, net |  |  | 4,078 |  |  |  | 10,834 |  |  |  | 11,916 |  |  |  | 33,656 |
Royalty and management service (income) expense |  |  | (2,992 | ) |  |  | (1,452 | ) |  |  | 685 |  |  |  | (4,313 | )
Provision for income taxes |  |  | 5,779 |  |  |  | 7,574 |  |  |  | 19,164 |  |  |  | 15,490 |
EBITDA |  | $ | 49,774 |  |  | $ | 56,666 |  |  | $ | 101,690 |  |  | $ | 114,328 |
Asia Pacific |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to CBRE Group, Inc. |  | $ | 11,576 |  |  | $ | 16,665 |  |  | $ | 14,068 |  |  | $ | 29,643 |
Add: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 4,479 |  |  |  | 3,728 |  |  |  | 12,957 |  |  |  | 11,357 |
Interest expense, net |  |  | 1,250 |  |  |  | 800 |  |  |  | 1,292 |  |  |  | 2,689 |
Royalty and management service expense |  |  | 5,277 |  |  |  | 3,581 |  |  |  | 19,629 |  |  |  | 11,342 |
Provision for income taxes |  |  | 4,162 |  |  |  | 8,478 |  |  |  | 9,727 |  |  |  | 22,407 |
EBITDA |  | $ | 26,744 |  |  | $ | 33,252 |  |  | $ | 57,673 |  |  | $ | 77,438 |
Global Investment Management |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) income attributable to CBRE Group, Inc. |  | $ | (7,830 | ) |  | $ | 10,717 |  |  | $ | 7,635 |  |  | $ | 18,546 |
Add: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 5,673 |  |  |  | 8,423 |  |  |  | 18,110 |  |  |  | 23,095 |
Interest expense, net |  |  | 7,611 |  |  |  | 8,060 |  |  |  | 23,124 |  |  |  | 23,562 |
Royalty and management service expense |  |  | 853 |  |  |  | 574 |  |  |  | 2,981 |  |  |  | 2,639 |
(Benefit of) provision for income taxes |  |  | (253 | ) |  |  | 1,623 |  |  |  | 1,727 |  |  |  | 12,548 |
EBITDA |  | $ | 6,054 |  |  | $ | 29,397 |  |  | $ | 53,577 |  |  | $ | 80,390 |
Development Services |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to CBRE Group, Inc. |  | $ | 7,717 |  |  | $ | 5,198 |  |  | $ | 35,859 |  |  | $ | 7,183 |
Add: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 643 |  |  |  | 512 |  |  |  | 1,931 |  |  |  | 1,722 |
Interest expense, net |  |  | 1,822 |  |  |  | 155 |  |  |  | 2,590 |  |  |  | 818 |
Provision for income taxes |  |  | 5,527 |  |  |  | 4,018 |  |  |  | 25,729 |  |  |  | 6,449 |
EBITDA |  | $ | 15,709 |  |  | $ | 9,883 |  |  | $ | 66,109 |  |  | $ | 16,172 |
(1) | During 2016, we changed our methodology for allocating certain costs to our reporting segments, including stock compensation, currency hedging and certain intercompany transactions. Prior year amounts have been reclassified to conform with the current year presentation. Such changes had no impact on our consolidated results.

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- Definition Tabular disclosure reconciling GAAP to the non-GAAP financial measure used by the chief operating decision maker for each reportable segment of the entity. + References No definition available. + Details
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- Definition A table disclosing key profit or loss totals for each reportable segment of the entity, including revenue, depreciation and amortization, income (loss) from unconsolidated subsidiaries and the measure of segment profit or loss reviewed by the chief operating decision maker. + References No definition available. + Details
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