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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:          
Consolidated net income (loss) $ 162,304 $ 110,548 $ 309,725 $ 239,395 $ 81,729
Adjustments to reconcile consolidated net income (loss) to net cash provided by (used in) operating activities:          
Fixed asset depreciation and intangible asset amortization     65,683 61,201  
Amortization of mortgage servicing rights, net     55,141 53,001  
Employee loan amortization and reserves on employee loans     23,714 43,227  
Equity-based compensation and allocations of net income to limited partnership units and FPUs     238,409 185,135  
Deferred compensation expense     5,553 7,265  
Gain on originated mortgage servicing rights     (65,632) (98,814)  
Unrealized losses (gains) on loans held for sale     (461) (507)  
Loan originations - loans held for sale     (5,937,964) (7,314,794)  
Loan sales - loans held for sale     5,168,395 7,726,805  
Losses (gains) on equity method investments (1,344) (2,147) (9,999) (3,986)  
Amortization of discount (premium) on notes payable     3,437 (1,912)  
Unrealized loss (gain) on marketable securities     35 (23,038)  
Unrealized loss (gain) on derivative asset     (6,327)    
Impairment of fixed assets, intangible assets and investments     2,568 8,499  
Deferred tax provision (benefit)     9,748 2,263  
Recognition of earn-out     (85,135) (76,969)  
Realized losses (gains) on marketable securities     (12,448) (1,222)  
Change in estimated acquisition earn-out payables     (2,009) 5,946  
Forfeitures of Class A common stock     (1,219) (672)  
Loss (gain) on other investments     (38,972)    
Other       (556)  
Consolidated net income (loss), adjusted for non-cash and non-operating items     (277,758) 810,267  
Decrease (increase) in operating assets:          
Reverse repurchase agreements       54,659  
Securities owned     (42,904) 3,236  
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers     (1,962,994) (1,789,576)  
Mortgage servicing rights, net       (506)  
Accrued commissions and other receivables, net     (154,269) (99,138)  
Loans, forgivable loans and other receivables from employees and partners, net     (156,185) (82,549)  
Receivables from related parties     (2,636) (3,566)  
Other assets     (37,676) (17,586)  
Increase (decrease) in operating liabilities:          
Repurchase agreements     198 1,803  
Securities loaned     (136,025) 135,070  
Accrued compensation     26,262 (37,275)  
Payables to broker-dealers, clearing organizations, customers and related broker-dealers     1,897,839 1,731,395  
Payables to related parties     26,828 (6,493)  
Accounts payable, accrued and other liabilities     61,266 89,176  
Net cash provided by (used in) operating activities     (758,054) 788,917  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Purchases of fixed assets     (25,656) (28,998)  
Capitalization of software development costs     (38,487) (27,841)  
Purchase of equity and cost method investments     (23,099) (101,623)  
Proceeds from equity method investments     10,064 243  
Payments for acquisitions, net of cash and restricted cash acquired     (33,573) (22,270)  
Advances to related parties       (375,000)  
Repayments from related parties       375,000  
Purchase of mortgage servicing rights     (2,124)    
Proceeds from sale of marketable securities     153,251 7,849  
Capitalization of trademarks, patent defense and registration costs       (295)  
Net cash (used in) provided by investing activities     40,376 (172,935)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Repayments of notes payable and other borrowings     (970,160) (7,060)  
Issuance of long-term debt and collateralized borrowings, net of deferred issuance costs     639,241 998,817  
Proceeds from warehouse notes payable     5,937,964 7,314,793  
Repayments on warehouse notes payable     (5,166,612) (6,913,030)  
Proceeds from issuance of exchangeable preferred partnership units in Newmark Partners, L.P.     266,093    
Advances from related parties       291,000  
Repayments to related parties       (981,000)  
Earnings distributions     (182,731) (89,537)  
Redemption and repurchase of limited partnership interests     (29,421) (34,113)  
Dividends to stockholders     (176,228) (148,094)  
Repurchase of Class A common stock     (9,806) (14,557)  
Cancellation of restricted stock units in satisfaction of withholding tax requirements     (647) (52)  
Proceeds from issuance of Class A common stock, net of costs     327,624    
Loan from related parties     80,000    
Acquisition of Berkeley Point       (871,814)  
Pre-acquisition distribution from Berkeley Point to CCRE       (66,782)  
Proceeds from short-term borrowings       6,313  
Payments on acquisitions earn-outs     (11,180) (12,211)  
Net cash (used in) provided by financing activities     704,137 (527,327)  
Effect of exchange rate changes on cash and cash equivalents, Restricted cash and Cash segregated under regulatory requirements     (7,831) 3,853  
Net (decrease) increase in cash and cash equivalents, Restricted cash and Cash segregated under regulatory requirements     (21,372) 92,508  
Cash and cash equivalents, Restricted cash and Cash segregated under regulatory requirements at beginning of period     796,790 593,435 593,435
Cash and cash equivalents, Restricted cash and Cash segregated under regulatory requirements at end of period $ 775,418 $ 685,943 775,418 685,943 $ 796,790
Supplemental cash information:          
Cash paid during the period for taxes     38,438 32,136  
Cash paid during the period for interest     71,413 68,331  
Supplemental non-cash information:          
Issuance of Class A common stock upon exchange of limited partnership interests     127,322 74,013  
Issuance of Class A and contingent Class A common stock and limited partnership interests for acquisitions     19,732 14,232  
Distribution from Berkeley Point to CCRE       2,993  
Nasdaq [Member]          
Supplemental non-cash information:          
Shares received     $ 85,135 $ 76,969