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v3.23.1

Segments - Reconciliation of Total Reportable Segment Operating Profit to Net Income (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2023 | Mar. 31, 2022
Segment Reporting Information [Line Items] |  |
Net income attributable to CBRE Group, Inc. | $ 116,892 | $ 392,297
Less: Net income attributable to non-controlling interests | 8,180 | 3,974
Net income | 125,072 | 396,271
Adjustments to increase (decrease) net income: |  |
Depreciation and amortization | 161,491 | 149,032
Asset impairments | 0 | 10,351
Interest expense, net of interest income | 28,414 | 12,826
Provision for (benefit from) income taxes | 28,036 | (3,738)
Carried interest incentive compensation expense to align with the timing of associated revenue | 6,978 | 22,856
Impact of fair value adjustments to real estate assets acquired in the Telford acquisition (purchase accounting) that were sold in period | 0 | (1,696)
Costs incurred related to legal entity restructuring | 0 | 1,676
Integration and other costs related to acquisitions | 18,134 | 8,121
Costs associated with efficiency and cost-reduction initiatives | 138,247 | 0
Total reportable segment operating profit | 630,886 | 835,442
Corporate and other loss, including eliminations |  |
Adjustments to increase (decrease) net income: |  |
Total reportable segment operating profit | $ 124,514 | $ 239,743

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