XML 57 R35.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Accounting Policies [Abstract] |
Summary of Real Estate Assets | A summary of our real estate assets is as follows (dollars in thousands):
| December 31,
| 2021 |  | 2020
Real estate under development, current (included in other current assets) | $ | 96,237 |  |  | $ | 55,072 |
Real estate and other assets held for sale (included in other current assets) | 142 |  |  | 3,710 |
Real estate under development | 326,416 |  |  | 277,630 |
Real estate held for investment (included in other assets, net) | 4,447 |  |  | 3,795 |
Total real estate | $ | 427,242 |  |  | $ | 340,207 |
Schedule of Loan Servicing Rights Recognized | The amount of MSRs recognized during the years ended December 31, 2021 and 2020 was as follows (dollars in thousands):
| Year Ended December 31,
| 2021 |  | 2020
Beginning balance, mortgage servicing rights | $ | 556,931 |  |  | $ | 483,492 |
Mortgage servicing rights recognized | 193,835 |  |  | 207,827 |
Mortgage servicing rights sold | — |  |  | (122) |
Amortization expense | (172,250) |  |  | (134,266) |
Ending balance, mortgage servicing rights | $ | 578,516 |  |  | $ | 556,931 |
Schedule of Assumptions Used in Measuring Fair Value of Servicing Assets | The key assumptions used during the years ended December 31, 2021, 2020 and 2019 in measuring fair value were as follows:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Discount rate | 12.62 | % |  | 11.73 | % |  | 10.12 | %
Conditional prepayment rate | 9.78 | % |  | 9.80 | % |  | 10.34 | %
Schedule of Prior Period Adjustments | Accordingly, December 31, 2020, as the comparative period in the December 31, 2021 financial statements, has been corrected in the Consolidated Statements of Cash Flows as described below (dollars in thousands):
|  | Year Ended December 31, 2020
|  | As Previously Reported |  | Adjustments |  | As Corrected
Net cash used in investing activities |  | $ | (341,585) |  |  | $ | (402,500) |  |  | $ | (744,085) |
Net cash used in financing activities |  | $ | (625,256) |  |  | $ | 402,500 |  |  | $ | (222,756) |

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: | dtr-types: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 prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22663-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22644-107794 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=124431687&loc=d3e22658-107794 + Details
Name: | us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
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: | dtr-types: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=125521744&loc=d3e122625-111746 + Details
Name: | us-gaap_ScheduleOfServicingAssetsAtFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration