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Compensation (Tables)
3 Months Ended
Mar. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Activity Associated with Limited Partnership Units Awarded to BGC Employees

A summary of the activity associated with limited partnership units awarded to BGC employees is as follows:

 

 

 

BGC

Units

 

 

Newmark

Units

 

Balance at December 31, 2018

 

 

79,729,188

 

 

 

22,113,105

 

Granted

 

 

9,290,951

 

 

 

508,522

 

Redeemed/exchanged units

 

 

(4,073,748

)

 

 

(37,567

)

Forfeited units/other

 

 

(4,002,864

)

 

 

(7,095,471

)

Balance at March 31, 2019

 

 

80,943,527

 

 

 

15,488,589

 

Activity Associated with Restricted Stock Units

A summary of the activity associated with RSUs held by BGC employees is as follows:

 

 

 

Restricted

Stock Units

 

 

Weighted-

Average

Grant

Date Fair

Value

 

 

Weighted-

Average

Remaining

Contractual

Term (Years)

 

Balance at December 31, 2018

 

 

928,713

 

 

$

10.83

 

 

 

1.75

 

Granted

 

 

138,784

 

 

 

5.86

 

 

 

 

 

Delivered units

 

 

(273,163

)

 

 

10.15

 

 

 

 

 

Forfeited units

 

 

(27,404

)

 

 

10.17

 

 

 

 

 

Balance at March 31, 2019

 

 

766,930

 

 

$

10.20

 

 

 

2.09