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Subsequent Events | 6 Months Ended
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Jun. 30, 2019
Subsequent Event [Line Items] |
Subsequent Events | 15. SUBSEQUENT EVENTS On July 1, 2019, we closed our acquisition of HFF, Inc. (“HFF”), one of the largest commercial real estate capital markets intermediaries in the U.S., and acquired all outstanding shares of HFF Class A common stock. Pursuant to the Agreement and Plan of Merger ("Agreement"), dated as of March 18, 2019, each outstanding share of HFF, subject to certain exceptions described in the Agreement, was converted into 0.1505 of a share of JLL common stock plus $24.63 in cash. In aggregate, we issued 5.7 million shares of JLL common stock in addition to cash paid for a total value of $1.8 billion. We funded the cash portion using existing cash and our Facility. The acquisition of HFF was considered a business combination under U.S. GAAP and will be accounted for using the acquisition method. As such, the total consideration will be allocated to HFF’s tangible and intangible assets acquired as well as liabilities assumed based on their respective fair values with any excess allocated to goodwill. This allocation is dependent on certain valuations and other fair value analyses that have not yet been completed.

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- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. + References No definition available. + Details
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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