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Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Cantor
Smith Mack
Class A Common Stock
Class A Common Stock
Partnership Units
Class A Common Stock
Smith Mack
Class B Common Stock
Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
Smith Mack
Common Stock
Class B Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Cantor
Additional Paid-in Capital
Smith Mack
Treasury Stock
Retained Deficit
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest in Subsidiaries
Noncontrolling Interest in Subsidiaries
Cantor
Noncontrolling Interest in Subsidiaries
Smith Mack
Beginning Balance at Dec. 31, 2020 $ 811,297             $ 3,735   $ 459 $ 2,375,113     $ (315,313) $ (1,280,828) $ (28,930) $ 57,061    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Consolidated net income (loss) 64,695                           47,554   17,141    
Other comprehensive income (loss), net of tax (8,496)                             (7,302) (1,194)    
Equity-based compensation 13,164             19     9,434           3,711    
Dividends to common stockholders (11,444)                           (11,444)        
Earnings distributions to limited partnership interests and other noncontrolling interests (8,634)                               (8,634)    
Grant of exchangeability and redemption of limited partnership interests 85,685             491     47,794           37,400    
Issuance of Class A common stock (net of costs) 1,317   $ 1,160         4 $ 11   1,302   $ 6,315       11   $ (5,166)
Redemption of FPUs (339)                               (339)    
Repurchase of Class A common stock (234,574)                         (198,002)     (36,572)    
Forfeiture of Class A common stock (553)                   181     (648)     (86)    
Contributions of capital to and from Cantor for equity-based compensation   $ (28,571)                   $ (15,849)           $ (12,722)  
Cantor purchase of Cantor units from BGC Holdings upon redemption of FPUs, 2,768,060 units   5,145                               5,145  
Acquisition of Futures Exchange Group (9,022)                   (7,616)           (1,406)    
Other 4,335                   4,424           (89)    
Ending Balance at Sep. 30, 2021 $ 685,165             4,260   459 2,421,098     (513,963) (1,244,718) (36,232) 54,261    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Dividends declared per share of common stock (in dollars per share) $ 0.03                                    
Common stock, dividends, per share, cash paid (in dollars per share) $ 0.03                                    
Equity-based compensation (in shares)       1,940,975                              
Grant of exchangeability and redemption of limited partnership interests, issuance of shares (in shares) 49,033,008     49,033,000                              
Issuance of class A common stock (net of costs) (in shares)       366,043     0                        
Redemption of FPUs (in shares)         718,434                            
Repurchase of class A common stock (in shares) 41,940,000     41,939,724                              
Forfeiture of class A common stock (in shares) 140,000     140,188                              
Issuance of Class A common stock and RSUs for acquisitions (in shares)       1,130,000   1,129,630                          
Cantor purchase of Cantor units from BGC Holdings upon redemption of FPUs (in shares) 2,768,060                                    
Beginning Balance at Jun. 30, 2021 $ 794,360             4,169   459 2,392,508     (406,701) (1,229,498) (30,605) 64,028    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Consolidated net income (loss) (13,941)                           (11,402)   (2,539)    
Other comprehensive income (loss), net of tax (6,402)                             (5,627) (775)    
Equity-based compensation 6,505             2     4,870           1,633    
Dividends to common stockholders (3,818)                           (3,818)        
Earnings distributions to limited partnership interests and other noncontrolling interests 2,771                               2,771    
Grant of exchangeability and redemption of limited partnership interests 42,901             85     30,054           12,762    
Issuance of Class A common stock (net of costs) 644   647         1 3   640   2,278       3   (1,634)
Redemption of FPUs (212)                               (212)    
Repurchase of Class A common stock (126,791)                         (107,030)     (19,761)    
Forfeiture of Class A common stock (223)                   44     (232)     (35)    
Contributions of capital to and from Cantor for equity-based compensation   (2,281)                   (1,706)           (575)  
Acquisition of Futures Exchange Group (9,022)                   (7,616)           (1,406)    
Other 27                   26           1    
Ending Balance at Sep. 30, 2021 $ 685,165             4,260   459 2,421,098     (513,963) (1,244,718) (36,232) 54,261    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Dividends declared per share of common stock (in dollars per share) $ 0.01                                    
Common stock, dividends, per share, cash paid (in dollars per share) $ 0.01                                    
Equity-based compensation (in shares)       213,459                              
Grant of exchangeability and redemption of limited partnership interests, issuance of shares (in shares) 8,446,093     8,446,000                              
Issuance of class A common stock (net of costs) (in shares)       100,128     0                        
Redemption of FPUs (in shares)         56,730                            
Repurchase of class A common stock (in shares) 24,433,000     24,432,718                              
Forfeiture of class A common stock (in shares) 56,000     56,423                              
Issuance of Class A common stock and RSUs for acquisitions (in shares)       343,000   342,162                          
Beginning Balance at Dec. 31, 2021 $ 663,315             4,359   459 2,451,135     (623,734) (1,171,919) (40,548) 43,563    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Consolidated net income (loss) 55,269                           46,496   8,773    
Other comprehensive income (loss), net of tax (14,763)                             (12,535) (2,228)    
Equity-based compensation 11,964             30     9,081           2,853    
Dividends to common stockholders (11,143)                           (11,143)        
Earnings distributions to limited partnership interests and other noncontrolling interests (2,950)                               (2,950)    
Grant of exchangeability and redemption of limited partnership interests 82,939   $ 2,710         237 $ 12   61,849   $ 2,279       20,853   $ 419
Issuance of Class A common stock (net of costs) 3,632             5     3,616           11    
Redemption of FPUs (204)                               (204)    
Repurchase of Class A common stock (79,295)                         (66,747)     (12,548)    
Forfeiture of Class A common stock (188)                   (6)     (152)     (30)    
Contributions of capital to and from Cantor for equity-based compensation   (504)                   (370)           (134)  
Cantor purchase of Cantor units from BGC Holdings upon redemption of FPUs, 2,768,060 units   947                               947  
Other (385)                   (385)           0    
Ending Balance at Sep. 30, 2022 $ 711,344             4,643   459 2,527,199     (690,633) (1,136,566) (53,083) 59,325    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Dividends declared per share of common stock (in dollars per share) $ 0.03                                    
Common stock, dividends, per share, cash paid (in dollars per share) $ 0.03                                    
Equity-based compensation (in shares)       3,018,337                              
Grant of exchangeability and redemption of limited partnership interests, issuance of shares (in shares) 23,647,165     23,654,000                              
Issuance of class A common stock (net of costs) (in shares)       445,245     0                        
Redemption of FPUs (in shares)         96,447                            
Repurchase of class A common stock (in shares) 21,142,000     21,142,045                              
Forfeiture of class A common stock (in shares) 47,000     47,807                              
Issuance of Class A common stock and RSUs for acquisitions (in shares)       1,186,000   1,192,907                          
Cantor purchase of Cantor units from BGC Holdings upon redemption of FPUs (in shares) 480,175                                    
Beginning Balance at Jun. 30, 2022 $ 730,693             4,518   459 2,499,393     (648,500) (1,138,628) (46,456) 59,907    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Consolidated net income (loss) 8,225                           5,762   2,463    
Other comprehensive income (loss), net of tax (7,744)                             (6,627) (1,117)    
Equity-based compensation 3,975             4     3,034       0   937    
Dividends to common stockholders (3,700)                           (3,700)        
Earnings distributions to limited partnership interests and other noncontrolling interests (3,091)                               (3,091)    
Grant of exchangeability and redemption of limited partnership interests 32,174             120     24,026           8,028    
Issuance of Class A common stock (net of costs) 154             1     149           4    
Redemption of FPUs (59)                               (59)    
Repurchase of Class A common stock (49,908)                         (41,994)     (7,914)    
Forfeiture of Class A common stock (171)                   (5)     (139)     (27)    
Contributions of capital to and from Cantor for equity-based compensation   $ 818                   $ 624           $ 194  
Other (22)                   (22)                
Ending Balance at Sep. 30, 2022 $ 711,344             $ 4,643   $ 459 $ 2,527,199     $ (690,633) $ (1,136,566) $ (53,083) $ 59,325    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Dividends declared per share of common stock (in dollars per share) $ 0.01                                    
Common stock, dividends, per share, cash paid (in dollars per share) $ 0.01                                    
Equity-based compensation (in shares)       448,014                              
Grant of exchangeability and redemption of limited partnership interests, issuance of shares (in shares) 11,939,546     11,940,000                              
Issuance of class A common stock (net of costs) (in shares)       101,786     0                        
Redemption of FPUs (in shares)         27,087                            
Repurchase of class A common stock (in shares) 12,397,000     12,396,735                              
Forfeiture of class A common stock (in shares) 43,000     43,388                              
Issuance of Class A common stock and RSUs for acquisitions (in shares)       0