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Note 3. Acquisitions Acquisitions (Notes) | 12 Months Ended
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Dec. 31, 2017
Business Combinations [Abstract] |
Business Combination Disclosure [Text Block] | ACQUISITIONS Assets acquired and liabilities assumed in business combinations were recorded in the Company’s Consolidated Balance Sheets as of the respective acquisition dates based upon their estimated fair values at such dates. The results of operations of businesses acquired by the Company have been included in the Company’s Consolidated Statements of Operations since their respective dates of acquisition. In connection with the Company’s acquisition of real estate brokerage operations, the Company obtains contractual pendings and listings intangible assets, which represent the estimated fair value of homesale transactions that are pending closing or homes listed for sale by the acquired brokerage operations. Pendings and listings intangible assets are amortized over the estimated closing period of the underlying contracts and homes listed for sale, which in most cases is approximately five months. 2017 Acquisitions During the year ended December 31, 2017, the Company acquired sixteen real estate brokerage operations through its wholly owned subsidiary, NRT, for aggregate cash consideration of $11 million and established $3 million of contingent consideration. These acquisitions resulted in goodwill of $10 million, pendings and listings of $2 million, customer relationships of $1 million and other intangibles of $1 million. During the year ended December 31, 2017, the Company acquired two title and settlement operations through its wholly owned subsidiary, TRG, for cash consideration of $8 million and established $4 million of contingent consideration. These acquisitions resulted in goodwill of $9 million, pendings of $2 million and other intangible items of $1 million including tradenames. None of the 2017 acquisitions were significant to the Company’s results of operations, financial position or cash flows individually or in the aggregate. 2016 Acquisitions During the year ended December 31, 2016, the Company acquired eleven real estate brokerage and property management operations through its wholly owned subsidiary, NRT, for aggregate cash consideration of $74 million and established $9 million of contingent consideration. These acquisitions resulted in goodwill of $52 million, customer relationships of $20 million, pendings and listings of $6 million, other intangibles of $3 million, other assets of $5 million and other liabilities of $3 million. During the year ended December 31, 2016, the Company acquired one title and settlement operation through its wholly owned subsidiary, TRG, for cash consideration of $24 million and established $10 million of contingent consideration. This acquisition resulted in goodwill of $20 million, title plant of $7 million, pendings of $5 million, trademarks of $3 million, other intangibles of $2 million, other assets of $6 million and other liabilities of $9 million. None of the 2016 acquisitions were significant to the Company’s results of operations, financial position or cash flows individually or in the aggregate. 2015 Acquisitions During the year ended December 31, 2015, the Company acquired thirteen real estate brokerage related operations through its wholly owned subsidiary, NRT, including a large franchisee of the Real Estate Franchise segment, for aggregate cash consideration of $96 million and established $13 million of liabilities related to contingent consideration and other acquisition related liabilities. These acquisitions resulted in goodwill of $94 million, pendings and listings of $10 million, other intangibles of $1 million, other assets of $7 million and other liabilities of $3 million. During the year ended December 31, 2015, the Company acquired three title and settlement operations through its wholly owned subsidiary, TRG, for cash consideration of $34 million and established $37 million of liabilities related to contingent consideration. These acquisitions resulted in goodwill of $47 million, trademarks of $9 million, pendings of $8 million, other intangibles of $5 million, title plant shares of $1 million and other assets of $1 million. None of the 2015 acquisitions were significant to the Company’s results of operations, financial position or cash flows individually or in the aggregate.

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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