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Compensation (Tables)
9 Months Ended
Sep. 30, 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 LPUs awarded to BGC employees is as follows:

 

 

 

BGC

Units

 

 

Newmark

Units

 

Balance at December 31, 2018

 

 

79,729,188

 

 

 

22,113,105

 

Granted

 

 

37,119,394

 

 

 

611,637

 

Redeemed units

 

 

(12,913,487

)

 

 

(592,362

)

Forfeited units/other

 

 

(4,064,102

)

 

 

(7,118,992

)

Balance at September 30, 2019

 

 

99,870,993

 

 

 

15,013,388

 

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

 

 

3,705,771

 

 

 

4.61

 

 

 

 

 

Delivered units

 

 

(414,530

)

 

 

10.20

 

 

 

 

 

Forfeited units

 

 

(174,559

)

 

 

6.36

 

 

 

 

 

Balance at September 30, 2019

 

 

4,045,395

 

 

$

5.39

 

 

 

2.73