Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2019 and 2018 by type of service and/or segment (dollars in thousands):

	Three Months Ended June 30, 2019
	Advisory Services		Global Workplace Solutions		Real Estate Investments		Consolidated
Topic 606 Revenue:
Global workplace solutions	$	—	$	3,385,452	$	—	$	3,385,452
Advisory leasing		817,788		—		—		817,788
Advisory sales		466,558		—		—		466,558
Property and advisory project management		555,822		—		—		555,822
Valuation		149,051		—		—		149,051
Commercial mortgage origination (1)		32,111		—		—		32,111
Loan servicing (2)		7,084		—		—		7,084
Investment management		—		—		101,646		101,646
Development services		—		—		48,017		48,017
Topic 606 Revenue		2,028,414		3,385,452		149,663		5,563,529
Out of Scope of Topic 606 Revenue:
Commercial mortgage origination		107,888		—		—		107,888
Loan servicing (2)		42,656		—		—		42,656
Total Out of Scope of Topic 606 Revenue		150,544		—		—		150,544
Total revenue	$	2,178,958	$	3,385,452	$	149,663	$	5,714,073

	Three Months Ended June 30, 2018 (3)
	Advisory Services		Global Workplace Solutions		Real Estate Investments		Consolidated
Topic 606 Revenue:
Global workplace solutions	$	—	$	3,034,973	$	—	$	3,034,973
Advisory leasing		687,386		—		—		687,386
Advisory sales		457,376		—		—		457,376
Property and advisory project management		502,201		—		—		502,201
Valuation		147,397		—		—		147,397
Commercial mortgage origination (1)		27,856		—		—		27,856
Loan servicing (2)		5,516		—		—		5,516
Investment management		—		—		98,947		98,947
Development services		—		—		18,408		18,408
Topic 606 Revenue		1,827,732		3,034,973		117,355		4,980,060
Out of Scope of Topic 606 Revenue:
Commercial mortgage origination		92,982		—		—		92,982
Loan servicing (2)		38,392		—		—		38,392
Total Out of Scope of Topic 606 Revenue		131,374		—		—		131,374
Total revenue	$	1,959,106	$	3,034,973	$	117,355	$	5,111,434

(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 13 for additional information. Revenue classifications for 2018 have been restated to conform to the new structure.

	Six Months Ended June 30, 2019
	Advisory Services		Global Workplace Solutions		Real Estate Investments		Consolidated
Topic 606 Revenue:
Global workplace solutions	$	—	$	6,551,367	$	—	$	6,551,367
Advisory leasing		1,440,428		—		—		1,440,428
Advisory sales		852,213		—		—		852,213
Property and advisory project management		1,076,706		—		—		1,076,706
Valuation		287,377		—		—		287,377
Commercial mortgage origination (1)		55,684		—		—		55,684
Loan servicing (2)		14,070		—		—		14,070
Investment management		—		—		207,954		207,954
Development services		—		—		76,902		76,902
Topic 606 Revenue		3,726,478		6,551,367		284,856		10,562,701
Out of Scope of Topic 606 Revenue:
Commercial mortgage origination		205,194		—		—		205,194
Loan servicing (2)		81,688		—		—		81,688
Total Out of Scope of Topic 606 Revenue		286,882		—		—		286,882
Total revenue	$	4,013,360	$	6,551,367	$	284,856	$	10,849,583

	Six Months Ended June 30, 2018 (3)
	Advisory Services		Global Workplace Solutions		Real Estate Investments		Consolidated
Topic 606 Revenue:
Global workplace solutions	$	—	$	5,862,476	$	—	$	5,862,476
Advisory leasing		1,204,895		—		—		1,204,895
Advisory sales		871,108		—		—		871,108
Property and advisory project management		986,983		—		—		986,983
Valuation		281,560		—		—		281,560
Commercial mortgage origination (1)		52,138		—		—		52,138
Loan servicing (2)		10,933		—		—		10,933
Investment management		—		—		222,637		222,637
Development services		—		—		41,733		41,733
Topic 606 Revenue		3,407,617		5,862,476		264,370		9,534,463
Out of Scope of Topic 606 Revenue:
Commercial mortgage origination		176,134		—		—		176,134
Loan servicing (2)		74,789		—		—		74,789
Total Out of Scope of Topic 606 Revenue		250,923		—		—		250,923
Total revenue	$	3,658,540	$	5,862,476	$	264,370	$	9,785,386

(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 13 for additional information. Revenue classifications for 2018 have been restated to conform to the new structure.