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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 604,952 $ 777,219
Restricted cash 82,716 86,725
Receivables, less allowance for doubtful accounts of $60,115 and $60,348 at March 31, 2019 and December 31, 2018, respectively 3,801,474 3,668,591
Warehouse receivables 1,548,249 1,342,468
Contract assets 295,403 307,020
Prepaid expenses 248,359 254,892
Income taxes receivable 58,337 71,684
Other current assets 357,370 245,611
Total Current Assets 6,996,860 6,754,210
Property and equipment, net 730,450 721,692
Goodwill 3,663,882 3,652,309
Other intangible assets, net of accumulated amortization of $1,229,297 and $1,180,393 at March 31, 2019 and December 31, 2018, respectively 1,338,646 1,441,308
Operating lease assets 938,681  
Investments in unconsolidated subsidiaries 228,406 216,174
Deferred tax assets, net 80,537 51,703
Other assets, net 715,546 619,397
Total Assets 14,693,008 13,456,793
Current Liabilities:    
Accounts payable and accrued expenses 1,833,841 1,919,827
Compensation and employee benefits payable 1,152,035 1,121,179
Accrued bonus and profit sharing 656,123 1,189,395
Operating lease liabilities 185,457  
Contract liabilities 115,137 82,227
Income taxes payable 53,795 68,100
Short-term borrowings:    
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 1,561,207 1,328,761
Revolving credit facility 336,000  
Total short-term borrowings 1,897,207 1,328,761
Current maturities of long-term debt 2,573 3,146
Other current liabilities 113,914 90,745
Total Current Liabilities 6,010,082 5,803,380
Long-term debt, net of current maturities 1,760,181 1,767,260
Non-current operating lease liabilities 969,216  
Non-current tax liabilities 175,139 172,626
Deferred tax liabilities, net 126,384 107,425
Other liabilities 447,790 596,200
Total Liabilities 9,488,792 8,446,891
Commitments and contingencies
CBRE Group, Inc. Stockholders’ Equity:    
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 336,266,487 and 336,912,783 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 3,363 3,369
Additional paid-in capital 1,126,984 1,149,013
Accumulated earnings 4,675,201 4,504,684
Accumulated other comprehensive loss (716,169) (718,269)
Total CBRE Group, Inc. Stockholders’ Equity 5,089,379 4,938,797
Non-controlling interests 114,837 71,105
Total Equity 5,204,216 5,009,902
Total Liabilities and Equity $ 14,693,008 $ 13,456,793