XML 119 R46.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Revenue from Contracts with Customers (Tables) | 12 Months Ended
--- | ---
Dec. 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 years ended December 31, 2019, 2018 and 2017 by type of service and/or segment (dollars in thousands):
|  | Year Ended December 31, 2019 |
|  | Advisory Services |  |  | Global Workplace Solutions |  |  | Real Estate Investments |  |  | Consolidated |
Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global workplace solutions |  | $ | — |  |  | $ | 14,164,001 |  |  | $ | — |  |  | $ | 14,164,001 |
Advisory leasing |  |  | 3,269,993 |  |  |  | — |  |  |  | — |  |  |  | 3,269,993 |
Advisory sales |  |  | 2,130,979 |  |  |  | — |  |  |  | — |  |  |  | 2,130,979 |
Property and advisory project management |  |  | 2,255,398 |  |  |  |  |  |  |  |  |  |  |  | 2,255,398 |
Valuation |  |  | 630,399 |  |  |  | — |  |  |  | — |  |  |  | 630,399 |
Commercial mortgage origination (1) |  |  | 154,227 |  |  |  | — |  |  |  | — |  |  |  | 154,227 |
Loan servicing (2) |  |  | 30,943 |  |  |  | — |  |  |  | — |  |  |  | 30,943 |
Investment management |  |  | — |  |  |  | — |  |  |  | 424,882 |  |  |  | 424,882 |
Development services |  |  | — |  |  |  | — |  |  |  | 213,264 |  |  |  | 213,264 |
Topic 606 Revenue |  |  | 8,471,939 |  |  |  | 14,164,001 |  |  |  | 638,146 |  |  |  | 23,274,086 |
Out of Scope of Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage origination |  |  | 421,736 |  |  |  | — |  |  |  | — |  |  |  | 421,736 |
Loan servicing |  |  | 175,793 |  |  |  | — |  |  |  | — |  |  |  | 175,793 |
Development services (4) |  |  | — |  |  |  | — |  |  |  | 22,476 |  |  |  | 22,476 |
Total Out of Scope of Topic 606 Revenue |  |  | 597,529 |  |  |  | — |  |  |  | 22,476 |  |  |  | 620,005 |
Total revenue |  | $ | 9,069,468 |  |  | $ | 14,164,001 |  |  | $ | 660,622 |  |  | $ | 23,894,091 |
|  | Year Ended December 31, 2018 (3) |
|  | Advisory Services |  |  | Global Workplace Solutions |  |  | Real Estate Investments |  |  | Consolidated |
Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global workplace solutions |  | $ | — |  |  | $ | 12,365,362 |  |  | $ | — |  |  | $ | 12,365,362 |
Advisory leasing |  |  | 3,080,117 |  |  |  | — |  |  |  | — |  |  |  | 3,080,117 |
Advisory sales |  |  | 1,980,932 |  |  |  |  |  |  |  |  |  |  |  | 1,980,932 |
Property and advisory project management |  |  | 2,057,433 |  |  |  | — |  |  |  | — |  |  |  | 2,057,433 |
Valuation |  |  | 598,806 |  |  |  | — |  |  |  | — |  |  |  | 598,806 |
Commercial mortgage origination (1) |  |  | 136,534 |  |  |  | — |  |  |  | — |  |  |  | 136,534 |
Loan servicing (2) |  |  | 24,192 |  |  |  | — |  |  |  | — |  |  |  | 24,192 |
Investment management |  |  | — |  |  |  | — |  |  |  | 434,405 |  |  |  | 434,405 |
Development services |  |  | — |  |  |  | — |  |  |  | 100,319 |  |  |  | 100,319 |
Topic 606 Revenue |  |  | 7,878,014 |  |  |  | 12,365,362 |  |  |  | 534,724 |  |  |  | 20,778,100 |
Out of Scope of Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage origination |  |  | 402,814 |  |  |  | — |  |  |  | — |  |  |  | 402,814 |
Loan servicing |  |  | 159,174 |  |  |  | — |  |  |  | — |  |  |  | 159,174 |
Total Out of Scope of Topic 606 Revenue |  |  | 561,988 |  |  |  | — |  |  |  | — |  |  |  | 561,988 |
Total revenue |  | $ | 8,440,002 |  |  | $ | 12,365,362 |  |  | $ | 534,724 |  |  | $ | 21,340,088 |
(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 January 1, 2019. See Note 19 for additional information. Revenue classifications for 2018 and 2017 have been restated to conform to the new structure.
(4) | Out of scope revenue for development services represents selling profit from transfers of sales-type leases in the scope of Topic 842.
|  | Year Ended December 31, 2017 (3) |
|  | Advisory Services |  |  | Global Workplace Solutions |  |  | Real Estate Investments |  |  | Consolidated |
Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global workplace solutions |  | $ | — |  |  | $ | 10,791,963 |  |  | $ | — |  |  | $ | 10,791,963 |
Advisory leasing |  |  | 2,592,203 |  |  |  | — |  |  |  | — |  |  |  | 2,592,203 |
Advisory sales |  |  | 1,869,872 |  |  |  | — |  |  |  | — |  |  |  | 1,869,872 |
Property and advisory project management |  |  | 1,748,594 |  |  |  | — |  |  |  | — |  |  |  | 1,748,594 |
Valuation |  |  | 556,008 |  |  |  |  |  |  |  |  |  |  |  | 556,008 |
Commercial mortgage origination (1) |  |  | 117,009 |  |  |  | — |  |  |  | — |  |  |  | 117,009 |
Loan servicing (2) |  |  | 19,759 |  |  |  | — |  |  |  | — |  |  |  | 19,759 |
Investment management |  |  | — |  |  |  | — |  |  |  | 377,644 |  |  |  | 377,644 |
Development services |  |  | — |  |  |  | — |  |  |  | 79,455 |  |  |  | 79,455 |
Topic 606 Revenue |  |  | 6,903,445 |  |  |  | 10,791,963 |  |  |  | 457,099 |  |  |  | 18,152,507 |
Out of Scope of Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage origination |  |  | 338,590 |  |  |  | — |  |  |  | — |  |  |  | 338,590 |
Loan servicing |  |  | 137,690 |  |  |  | — |  |  |  | — |  |  |  | 137,690 |
Total Out of Scope of Topic 606 Revenue |  |  | 476,280 |  |  |  | — |  |  |  | — |  |  |  | 476,280 |
Total revenue |  | $ | 7,379,725 |  |  | $ | 10,791,963 |  |  | $ | 457,099 |  |  | $ | 18,628,787 |
(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 January 1, 2019. See Note 19 for additional information. Revenue classifications for 2018 and 2017 have been restated to conform to the new structure.

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration