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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 577,460 $ 777,219
Restricted cash 124,845 86,725
Receivables, less allowance for doubtful accounts of $77,293 and $60,348 at September 30, 2019 and December 31, 2018, respectively 4,057,751 3,668,591
Warehouse receivables 987,923 1,342,468
Advance warehouse funding 376,707  
Contract assets 348,615 307,020
Prepaid expenses 282,640 254,892
Income taxes receivable 38,615 71,684
Other current assets 264,279 245,611
Total Current Assets 7,058,835 6,754,210
Property and equipment, net 782,004 721,692
Goodwill 3,627,327 3,652,309
Other intangible assets, net of accumulated amortization of $1,299,958 and $1,180,393 at September 30, 2019 and December 31, 2018, respectively 1,325,603 1,441,308
Operating lease assets 980,337  
Investments in unconsolidated subsidiaries 328,580 216,174
Deferred tax assets, net 142,918 51,703
Other assets, net 795,338 619,397
Total Assets 15,040,942 13,456,793
Current Liabilities:    
Accounts payable and accrued expenses 2,085,391 1,919,827
Compensation and employee benefits payable 1,231,075 1,121,179
Accrued bonus and profit sharing 869,256 1,189,395
Operating lease liabilities 162,866  
Contract liabilities 110,911 82,227
Income taxes payable 30,968 68,100
Short-term borrowings:    
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 1,348,610 1,328,761
Revolving credit facility 52,000  
Other 4,058  
Total short-term borrowings 1,404,668 1,328,761
Current maturities of long-term debt 1,897 3,146
Other current liabilities 130,938 90,745
Total Current Liabilities 6,027,970 5,803,380
Long-term debt, net of current maturities 1,748,264 1,767,260
Non-current operating lease liabilities 1,039,865  
Non-current tax liabilities 207,845 172,626
Deferred tax liabilities, net 21,287 107,425
Other liabilities 436,731 596,200
Total Liabilities 9,481,962 8,446,891
Commitments and contingencies
CBRE Group, Inc. Stockholders’ Equity:    
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 335,755,183 and 336,912,783 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 3,358 3,369
Additional paid-in capital 1,140,021 1,149,013
Accumulated earnings 5,155,531 4,504,684
Accumulated other comprehensive loss (787,081) (718,269)
Total CBRE Group, Inc. Stockholders’ Equity 5,511,829 4,938,797
Non-controlling interests 47,151 71,105
Total Equity 5,558,980 5,009,902
Total Liabilities and Equity $ 15,040,942 $ 13,456,793