XML 94 R83.htm IDEA: XBRL DOCUMENT v3.23.2
Related Party Transactions - Transactions with Executive Officers and Directors (Details) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 02, 2023
May 18, 2023
Aug. 11, 2022
Apr. 01, 2021
Jun. 30, 2023
May 31, 2023
Apr. 30, 2023
Jun. 30, 2022
Apr. 30, 2022
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Jun. 08, 2023
Mar. 14, 2022
Related Party Transaction [Line Items]                                  
Repurchase of class A common stock (in shares)         3,428,000 3,300,000 3,086,000 7,595,000 0 9,814,000 846,000 8,745,000 0 10,660,000 8,745,000    
Class A Common Stock                                  
Related Party Transaction [Line Items]                                  
Repurchase of class A common stock (in shares)                   9,813,827   8,745,310   10,659,717 8,745,310    
Stock repurchased, weighted average price (in dollars per share)                   $ 4.44   $ 3.36   $ 4.48 $ 3.36    
Class A Common Stock | Mr. Merkel                                  
Related Party Transaction [Line Items]                                  
Repurchase of class A common stock (in shares) 150,000                                
Stock repurchased, weighted average price (in dollars per share) $ 4.21                                
Related Party                                  
Related Party Transaction [Line Items]                                  
Shares withheld for tax withholding obligation, price per share (in dollars per share)   $ 4.61                              
Related Party | Mr. Merkel                                  
Related Party Transaction [Line Items]                                  
Shares withheld for tax withholding obligation, price per share (in dollars per share)   $ 4.61                              
Related Party | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Determination amount   $ 6,650,000                              
Related Party | Mr. Windeatt                                  
Related Party Transaction [Line Items]                                  
Number of non-exchangeable LPU-NEWs (in shares)                                 135,514
Number of non-exchangeable PLPU (in shares)                                 27,826
Average determination price (in dollars per share)                                 $ 4.84
Exchange share price (in dollars per share)     $ 4.08                            
Shares authorized to be repurchased (in shares)     135,514                            
Number of shares redeemed (in shares)     27,826                            
Number of shares redeemed, value     $ 134,678                            
Related Party | Class A Common Stock | Mr. Merkel                                  
Related Party Transaction [Line Items]                                  
Grants in period, net (in shares)   196,525                              
Related Party | Class A Common Stock | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Grants in period, net (in shares)   5,710,534                              
Related Party | NPU-CV, PSU-CV & PSU | Mr. Merkel                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period   $ 0                              
Related Party | NPSU-CV | Mr. Merkel                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   148,146                              
Related Party | PSU-CV | Mr. Merkel                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   33,585                              
Related Party | PSU | Mr. Merkel                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   74,896                              
Related Party | PSU | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period   $ 0                              
Related Party | NPPSU-CV & PPSU-CV | Mr. Merkel                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period   $ 843,750                              
Related Party | NPPSU-CV | Mr. Merkel                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   148,146                              
Determination amount   $ 681,250                              
Related Party | PPSU-CV | Mr. Merkel                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   33,585                              
Determination amount   $ 162,500                              
Related Party | Share-Based Payment Arrangement | Class A Common Stock                                  
Related Party Transaction [Line Items]                                  
Shares granted in period (in shares)                   1,000,000              
Related Party | Share-Based Payment Arrangement | Class A Common Stock | Mr. Merkel                                  
Related Party Transaction [Line Items]                                  
Shares granted in period (in shares)   256,627                              
Related Party | Share-Based Payment Arrangement | Class A Common Stock | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Grants in period, net (in shares)   232,610                              
Related Party | Share-Based Payment Arrangement | Class A Common Stock | Mr. Lutnick | Exchangeable PSU                                  
Related Party Transaction [Line Items]                                  
Shares granted in period (in shares)   520,380                              
Related Party | Share-Based Payment Arrangement | Class A Common Stock | Mr. Lutnick | Non-exchangeable PSU                                  
Related Party Transaction [Line Items]                                  
Shares granted in period (in shares)   11,332,727                              
Related Party | Non-exchangeable PSUs & PPSUs | Prior To 5/18/2023 | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Determination amount   $ 474,195                              
Related Party | Non-exchangeable PSU | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   11,332,727                              
Related Party | Non-exchangeable PSU | Prior To 5/18/2023 | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   7,879,736                              
Related Party | Non-exchangeable PPSU | Prior To 5/18/2023 | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   103,763                              
Related Party | Incrementally Monetized Non-exchangeable PSUs & PPSUs | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period   $ 6,650,000                              
Related Party | Incrementally Monetized Non-exchangeable PSUs & PPSUs | On 5/18/2023 | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Determination amount   $ 6,175,805                              
Related Party | Incrementally Monetized Non-exchangeable PSU | On 5/18/2023 | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   3,452,991                              
Related Party | Incrementally Monetized Non-exchangeable PPSU | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   1,451,805                              
Related Party | Incrementally Monetized Non-exchangeable PPSU | On 5/18/2023 | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   1,348,042                              
Related Party | Exchangeable PSU | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   520,380                              
Related Party | Non-exchangeable HDU | Mr. Lutnick                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period (in shares)   1,474,930                              
Related Party | Non-exchangeable HDU | Mr. Lutnick | BGC Parnters                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period   $ 2,100,000                              
Related Party | Non-exchangeable HDU | Mr. Lutnick | Newmark                                  
Related Party Transaction [Line Items]                                  
Shares redeemed in period   $ 9,148,000                              
Related Party | Non-exchangeable Limited Partnership Interests | Reporting Person                                  
Related Party Transaction [Line Items]                                  
Shares granted in period (in shares)       128,279                          
Shares repurchased (in shares)                               128,279  
Shares repurchased (in dollars per share)                               $ 4.79