XML 50 R35.htm IDEA: XBRL DOCUMENT v3.20.4

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Summary of Real Estate Assets

A summary of our real estate assets is as follows (dollars in thousands):

			December 31,
			2020						2019
Real estate under development, current (included in other current assets)			$	55,072					$	14,757
Real estate and other assets held for sale (included in other current assets)			3,710						5,066
Real estate under development			277,630						185,508
Real estate held for investment (included in other assets, net)			3,795						8,101
Total real estate			$	340,207					$	213,432

Schedule of Loan Servicing Rights Recognized

The amount of MSRs recognized during the years ended December 31, 2020 and 2019 was as follows (dollars in thousands):

			Year Ended December 31,
			2020						2019
Beginning balance, mortgage servicing rights			$	483,492					$	424,470
Mortgage servicing rights recognized			207,827						182,443
Mortgage servicing rights sold			(122)						—
Amortization expense			(134,266)						(123,008)
Other			—						(413)
Ending balance, mortgage servicing rights			$	556,931					$	483,492

Schedule of Assumptions Used in Measuring Fair Value of Servicing Assets

The key assumptions used during the years ended December 31, 2020, 2019 and 2018 in measuring fair value were as follows:

			Year Ended December 31,
			2020						2019						2018
Discount rate			11.73		%				10.12		%				10.00		%
Conditional prepayment rate			9.80		%				10.34		%				8.89		%

X

- Definition

Tabular disclosure of assumptions used by the reporting entity in measuring the fair value of servicing assets.

+ References

No definition available.

+ Details

Name:	cbre_ScheduleOfAssumptionsUsedInMeasuringFairValueOfServicingAssetsTableTableTextBlock
Namespace Prefix:	cbre_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfRealEstatePropertiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the activity in the balance of servicing assets (including a description of where changes in fair value are reported in the statement of income for each period for which results of operations are presented), including but not limited to, the following: beginning and ending balances, additions (for instance, through purchases of servicing assets), disposals, changes in fair value during the period resulting from changes in inputs or assumptions used in the valuation model, other changes in fair value along with a description of those changes, and other changes that affect the balance along with a description of those changes.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 860
-SubTopic 50
-Section 50
-Paragraph 3
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=116651436&loc=d3e122625-111746

+ Details

Name:	us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration