XML 51 R30.htm IDEA: XBRL DOCUMENT
v3.20.1

Revenue from Contracts with Customers (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
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 months ended March 31, 2020 and 2019 by type of service and/or segment (dollars in thousands):
|  | Three Months Ended March 31, 2020 |
|  | Advisory Services |  |  | Global Workplace Solutions |  |  | Real Estate Investments |  |  | Consolidated |
Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global workplace solutions |  | $ | — |  |  | $ | 3,746,174 |  |  | $ | — |  |  | $ | 3,746,174 |
Advisory leasing |  |  | 607,111 |  |  |  | — |  |  |  | — |  |  |  | 607,111 |
Advisory sales |  |  | 430,956 |  |  |  | — |  |  |  | — |  |  |  | 430,956 |
Property and advisory project management |  |  | 565,943 |  |  |  | — |  |  |  | — |  |  |  | 565,943 |
Valuation |  |  | 147,752 |  |  |  | — |  |  |  | — |  |  |  | 147,752 |
Commercial mortgage origination (1) |  |  | 37,880 |  |  |  | — |  |  |  | — |  |  |  | 37,880 |
Loan servicing (2) |  |  | 11,409 |  |  |  | — |  |  |  | — |  |  |  | 11,409 |
Investment management |  |  | — |  |  |  | — |  |  |  | 121,678 |  |  |  | 121,678 |
Development services |  |  | — |  |  |  | — |  |  |  | 76,226 |  |  |  | 76,226 |
Topic 606 Revenue |  |  | 1,801,051 |  |  |  | 3,746,174 |  |  |  | 197,904 |  |  |  | 5,745,129 |
Out of Scope of Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage origination |  |  | 85,202 |  |  |  | — |  |  |  | — |  |  |  | 85,202 |
Loan servicing |  |  | 45,271 |  |  |  | — |  |  |  | — |  |  |  | 45,271 |
Development services (3) |  |  | — |  |  |  | — |  |  |  | 13,566 |  |  |  | 13,566 |
Total Out of Scope of Topic 606 Revenue |  |  | 130,473 |  |  |  | — |  |  |  | 13,566 |  |  |  | 144,039 |
Total revenue |  | $ | 1,931,524 |  |  | $ | 3,746,174 |  |  | $ | 211,470 |  |  | $ | 5,889,168 |
|  | Three Months Ended March 31, 2019 |
|  | Advisory Services |  |  | Global Workplace Solutions |  |  | Real Estate Investments |  |  | Consolidated |
Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Global workplace solutions |  | $ | — |  |  | $ | 3,165,915 |  |  | $ | — |  |  | $ | 3,165,915 |
Advisory leasing |  |  | 622,640 |  |  |  | — |  |  |  | — |  |  |  | 622,640 |
Advisory sales |  |  | 385,655 |  |  |  | — |  |  |  | — |  |  |  | 385,655 |
Property and advisory project management |  |  | 520,884 |  |  |  | — |  |  |  | — |  |  |  | 520,884 |
Valuation |  |  | 138,326 |  |  |  | — |  |  |  | — |  |  |  | 138,326 |
Commercial mortgage origination (1) |  |  | 23,573 |  |  |  | — |  |  |  | — |  |  |  | 23,573 |
Loan servicing (2) |  |  | 6,986 |  |  |  | — |  |  |  | — |  |  |  | 6,986 |
Investment management |  |  | — |  |  |  | — |  |  |  | 106,308 |  |  |  | 106,308 |
Development services |  |  | — |  |  |  | — |  |  |  | 28,885 |  |  |  | 28,885 |
Topic 606 Revenue |  |  | 1,698,064 |  |  |  | 3,165,915 |  |  |  | 135,193 |  |  |  | 4,999,172 |
Out of Scope of Topic 606 Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage origination |  |  | 97,306 |  |  |  | — |  |  |  | — |  |  |  | 97,306 |
Loan servicing |  |  | 39,032 |  |  |  | — |  |  |  | — |  |  |  | 39,032 |
Total Out of Scope of Topic 606 Revenue |  |  | 136,338 |  |  |  | — |  |  |  | — |  |  |  | 136,338 |
Total revenue |  | $ | 1,834,402 |  |  | $ | 3,165,915 |  |  | $ | 135,193 |  |  | $ | 5,135,510 |
(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) | Out of scope revenue for development services represents selling profit from transfers of sales-type leases in the scope of Topic 842.

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