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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 535,618 $ 777,219
Restricted cash 77,607 86,725
Receivables, less allowance for doubtful accounts of $68,991 and $60,348 at June 30, 2019 and December 31, 2018, respectively 4,001,003 3,668,591
Warehouse receivables 1,365,928 1,342,468
Contract assets 323,247 307,020
Prepaid expenses 290,254 254,892
Income taxes receivable 53,764 71,684
Other current assets 237,796 245,611
Total Current Assets 6,885,217 6,754,210
Property and equipment, net 746,490 721,692
Goodwill 3,663,789 3,652,309
Other intangible assets, net of accumulated amortization of $1,270,236 and $1,180,393 at June 30, 2019 and December 31, 2018, respectively 1,331,281 1,441,308
Operating lease assets 949,216  
Investments in unconsolidated subsidiaries 307,308 216,174
Deferred tax assets, net 83,015 51,703
Other assets, net 752,819 619,397
Total Assets 14,719,135 13,456,793
Current Liabilities:    
Accounts payable and accrued expenses 2,063,845 1,919,827
Compensation and employee benefits payable 1,086,973 1,121,179
Accrued bonus and profit sharing 704,730 1,189,395
Operating lease liabilities 173,496  
Contract liabilities 109,511 82,227
Income taxes payable 37,735 68,100
Short-term borrowings:    
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 1,349,988 1,328,761
Revolving credit facility 230,000  
Total short-term borrowings 1,579,988 1,328,761
Current maturities of long-term debt 2,258 3,146
Other current liabilities 128,913 90,745
Total Current Liabilities 5,887,449 5,803,380
Long-term debt, net of current maturities 1,766,564 1,767,260
Non-current operating lease liabilities 996,228  
Non-current tax liabilities 178,990 172,626
Deferred tax liabilities, net 51,588 107,425
Other liabilities 447,786 596,200
Total Liabilities 9,328,605 8,446,891
Commitments and contingencies
CBRE Group, Inc. Stockholders’ Equity:    
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 336,329,975 and 336,912,783 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 3,363 3,369
Additional paid-in capital 1,162,002 1,149,013
Accumulated earnings 4,898,932 4,504,684
Accumulated other comprehensive loss (717,660) (718,269)
Total CBRE Group, Inc. Stockholders’ Equity 5,346,637 4,938,797
Non-controlling interests 43,893 71,105
Total Equity 5,390,530 5,009,902
Total Liabilities and Equity $ 14,719,135 $ 13,456,793