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v3.19.1

Revenue from Contracts with Customers (Tables) | 3 Months Ended
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Mar. 31, 2019
Revenue From Contract With Customer [Abstract] |
Disaggregation of Revenue from Contracts with Customers | The following tables represent a disaggregation of revenue from contracts with customers for the three months ended March 31, 2019 and 2018 by type of service and/or segment (dollars in thousands):
|  | Three Months Ended March 31, 2019 |
|  | Advisory Services |  |  | Global Workplace Solutions |  |  | Real Estate Investments |  |  | Consolidated |
Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global workplace solutions |  | $ | — |  |  | $ | 3,165,915 |  |  | $ | — |  |  | $ | 3,165,915 |
Advisory leasing |  |  | 622,640 |  |  |  | — |  |  |  | — |  |  |  | 622,640 |
Advisory sales |  |  | 385,655 |  |  |  | — |  |  |  | — |  |  |  | 385,655 |
Property and advisory project management |  |  | 520,884 |  |  |  | — |  |  |  | — |  |  |  | 520,884 |
Valuation |  |  | 138,326 |  |  |  | — |  |  |  | — |  |  |  | 138,326 |
Commercial mortgage origination (1) |  |  | 23,573 |  |  |  | — |  |  |  | — |  |  |  | 23,573 |
Loan servicing (2) |  |  | 6,986 |  |  |  | — |  |  |  | — |  |  |  | 6,986 |
Investment management |  |  | — |  |  |  | — |  |  |  | 106,308 |  |  |  | 106,308 |
Development services |  |  | — |  |  |  | — |  |  |  | 28,885 |  |  |  | 28,885 |
Topic 606 Revenue |  |  | 1,698,064 |  |  |  | 3,165,915 |  |  |  | 135,193 |  |  |  | 4,999,172 |
Out of Scope of Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage origination |  |  | 97,306 |  |  |  | — |  |  |  | — |  |  |  | 97,306 |
Loan servicing (2) |  |  | 39,032 |  |  |  | — |  |  |  | — |  |  |  | 39,032 |
Total Out of Scope of Topic 606 Revenue |  |  | 136,338 |  |  |  | — |  |  |  | — |  |  |  | 136,338 |
Total revenue |  | $ | 1,834,402 |  |  | $ | 3,165,915 |  |  | $ | 135,193 |  |  | $ | 5,135,510 |
|  | Three Months Ended March 31, 2018 (3) |
|  | Advisory Services |  |  | Global Workplace Solutions |  |  | Real Estate Investments |  |  | Consolidated |
Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global workplace solutions |  | $ | — |  |  | $ | 2,827,503 |  |  | $ | — |  |  | $ | 2,827,503 |
Advisory leasing |  |  | 517,509 |  |  |  | — |  |  |  | — |  |  |  | 517,509 |
Advisory sales |  |  | 413,732 |  |  |  | — |  |  |  | — |  |  |  | 413,732 |
Property and advisory project management |  |  | 484,782 |  |  |  | — |  |  |  | — |  |  |  | 484,782 |
Valuation |  |  | 134,163 |  |  |  | — |  |  |  | — |  |  |  | 134,163 |
Commercial mortgage origination (1) |  |  | 24,282 |  |  |  | — |  |  |  | — |  |  |  | 24,282 |
Loan servicing (2) |  |  | 5,417 |  |  |  | — |  |  |  | — |  |  |  | 5,417 |
Investment management |  |  | — |  |  |  | — |  |  |  | 123,690 |  |  |  | 123,690 |
Development services |  |  | — |  |  |  | — |  |  |  | 23,325 |  |  |  | 23,325 |
Topic 606 Revenue |  |  | 1,579,885 |  |  |  | 2,827,503 |  |  |  | 147,015 |  |  |  | 4,554,403 |
Out of Scope of Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage origination |  |  | 83,152 |  |  |  | — |  |  |  | — |  |  |  | 83,152 |
Loan servicing (2) |  |  | 36,397 |  |  |  | — |  |  |  | — |  |  |  | 36,397 |
Total Out of Scope of Topic 606 Revenue |  |  | 119,549 |  |  |  | — |  |  |  | — |  |  |  | 119,549 |
Total revenue |  | $ | 1,699,434 |  |  | $ | 2,827,503 |  |  | $ | 147,015 |  |  | $ | 4,673,952 |
(1) | We earn fees for arranging financing for borrowers with third-party lender contacts. Such fees are in scope of Topic 606.
(2) | Loan servicing fees earned from servicing contracts for which we do not hold mortgage servicing rights are in scope of Topic 606.
(3) | Our new organizational structure became effective on January 1, 2019. See Note 14 for additional information. Revenue classifications for 2018 have been restated to conform to the new structure.

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