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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 1,910,326 $ 1,896,188
Restricted cash 91,381 143,059
Receivables, less allowance for doubtful accounts of $88,972 and $95,533 at March 31, 2021 and December 31, 2020, respectively 4,232,561 4,394,954
Warehouse receivables 686,317 1,411,170
Prepaid expenses 281,658 294,992
Contract assets 313,648 318,191
Income taxes receivable 71,681 93,756
Other current assets 318,719 293,321
Total Current Assets 7,906,291 8,845,631
Property and equipment, net 774,301 815,009
Goodwill 3,804,678 3,821,609
Other intangible assets, net of accumulated amortization of $1,603,208 and $1,556,537 at March 31, 2021 and December 31, 2020, respectively 1,370,484 1,367,913
Operating lease assets 1,000,729 1,020,352
Investments in unconsolidated subsidiaries (with $309,749 and $116,314 at fair value at March 31, 2021 and December 31, 2020, respectively) 682,559 452,365
Non-current contract assets 135,587 153,636
Real estate under development 295,494 277,630
Non-current income taxes receivable 37,130 43,555
Deferred tax assets, net 90,320 91,529
Investments held in trust - special purpose acquisition company 402,507 402,501
Other assets, net 748,648 747,413
Total Assets 17,248,728 18,039,143
Current Liabilities:    
Accounts payable and accrued expenses 2,469,434 2,692,939
Compensation and employee benefits payable 1,353,219 1,287,383
Accrued bonus and profit sharing 657,552 1,183,786
Operating lease liabilities 206,772 208,526
Contract liabilities 174,413 162,045
Income taxes payable 64,105 57,892
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 675,473 1,383,964
Other short-term borrowings 5,425 5,330
Current maturities of long-term debt 1,402 1,514
Other current liabilities 165,008 160,604
Total Current Liabilities 5,772,803 7,143,983
Long-term debt, net of current maturities 1,848,346 1,380,202
Non-current operating lease liabilities 1,090,740 1,116,795
Non-current tax liabilities 93,885 87,954
Non-current income taxes payable 54,761 54,761
Deferred tax liabilities, net 123,562 124,485
Other liabilities 608,848 625,303
Total Liabilities 9,592,945 10,533,483
Commitments and contingencies 0 0
Non-controlling interest subject to possible redemption - special purpose acquisition company 384,399 385,573
CBRE Group, Inc. Stockholders’ Equity:    
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 335,918,173 and 335,561,345 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 3,359 3,356
Additional paid-in capital 1,013,287 1,074,639
Accumulated earnings 6,796,259 6,530,057
Accumulated other comprehensive loss (582,535) (529,726)
Total CBRE Group, Inc. Stockholders’ Equity 7,230,370 7,078,326
Non-controlling interests 41,014 41,761
Total Equity 7,271,384 7,120,087
Total Liabilities and Equity $ 17,248,728 $ 18,039,143