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Segments (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Summarized Financial Information by Segment

Summarized financial information by segment is as follows (dollars in thousands):

		Three Months Ended March 31,
		2020				2019
Revenue
Advisory Services		$	1,931,524			$	1,834,402
Global Workplace Solutions			3,746,174				3,165,915
Real Estate Investments			211,470				135,193
Total revenue		$	5,889,168			$	5,135,510
Adjusted EBITDA
Advisory Services		$	292,654			$	263,850
Global Workplace Solutions			99,298				99,679
Real Estate Investments			38,399				86,503
Total Adjusted EBITDA		$	430,351			$	450,032

Adjusted EBITDA Calculation by Segment

Adjusted EBITDA is calculated as follows (dollars in thousands):

		Three Months Ended March 31,
		2020				2019
Net income attributable to CBRE Group, Inc.		$	172,195			$	164,409
Add:
Depreciation and amortization			113,794				105,823
Asset impairments			75,171				89,037
Interest expense, net of interest income			16,016				21,192
Write-off of financing costs on extinguished debt			—				2,608
Provision for income taxes			51,182				43,878
EBITDA			428,358				426,947
Adjustments:
Impact of fair value adjustments to real estate assets acquired in    the Telford Acquisition (purchase accounting) that were sold in    period			5,753				—
Costs incurred related to legal entity restructuring			3,241				—
Integration and other costs related to acquisitions			783				—
Carried interest incentive compensation (reversal) expense to align    with the timing of associated revenue			(7,784	)			7,336
Costs associated with our reorganization, including cost-savings    initiatives (1)			—				15,749
Adjusted EBITDA		$	430,351			$	450,032

(1) Primarily represents severance costs related to headcount reductions in connection with our reorganization announced in the third quarter of 2018 that became effective January 1, 2019.

Summary of Geographic Information

Revenue in the table below is allocated based upon the country in which services are performed (dollars in thousands):

		Three Months Ended March 31,
		2020				2019
Revenue
United States		$	3,380,563			$	3,036,707
United Kingdom			774,015				588,581
All other countries			1,734,590				1,510,222
Total revenue		$	5,889,168			$	5,135,510

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Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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