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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Cantor
Smith Mack
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
Class A Common Stock
Common Stock
Class A Common Stock
Common Stock
Smith Mack
Class B Common Stock
Common Stock
Beginning balance at Dec. 31, 2021 $ 663,315     $ 2,451,135     $ (623,734) $ (1,171,919) $ (40,548) $ 43,563     $ 4,359   $ 459
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Consolidated net income (loss) 58,867             48,712   10,155          
Other comprehensive income (loss), net of tax (5,668)               (4,883) (785)          
Equity-based compensation 13,946     10,599           3,314     33    
Dividends to common stockholders and participating RSU holders (14,859)             (14,859)   0          
Earnings distributions to limited partnership interests and other noncontrolling interests (7,598)                 (7,598)          
Grant of exchangeability and redemption of limited partnership interests 122,841   $ 2,710 92,245   $ 2,279       30,286   $ 419 310 $ 12  
Issuance of Class A common stock (net of costs) 3,802     3,780           17     5    
Redemption of FPUs (249)                 (249)          
Repurchase of Class A common stock (103,888)           (87,507)     (16,381)          
Forfeitures of Class A common stock (262)     (8)     (213)     (41)          
Contributions of capital to and from Cantor for equity-based compensation   $ (2,570)     $ (1,946)           $ (624)        
Cantor purchase of Cantor units from BGC Holdings upon redemption of FPUs 1,487                 1,487          
Other 1,334     1,334           0          
Ending balance at Dec. 31, 2022 733,208     2,559,418     (711,454) (1,138,066) (45,431) 63,563     4,719   459
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Consolidated net income (loss) 38,775             36,265   2,510          
Other comprehensive income (loss), net of tax 7,607               6,849 758          
Equity-based compensation 126,738     124,825     8     1,766     139    
Dividends to common stockholders and participating RSU holders (17,381)             (17,381)              
Earnings distributions to limited partnership interests and other noncontrolling interests (28,946)     (16,652)           (12,294)          
Grant of exchangeability and redemption of limited partnership interests 113,201     86,505           26,405     291    
Issuance of Class A common stock (net of costs) 214     195           14     5    
Redemption of FPUs (702)     (155)           (547)          
Repurchase of Class A common stock (114,580)           (107,889)     (6,691)          
Forfeiture of Class A common stock (1,190)     331     (1,410)     (111)          
Contributions of capital to and from Cantor for equity-based compensation 2,782     2,666           116          
Issuance of Class A common stock and RSUs for acquisitions     $ 7,275     $ 6,843           $ 377   $ 55  
Cantor purchase of Cantor units from BGC Holdings upon redemption of FPUs 11,539                 11,539          
Redemption of FPUs and issuance of RSUs due to the Corporate Conversion 14,506     12,410           2,096          
Cantor units converted into shares of BGC Group Class B common stock due to the Corporate Conversion 0     75,788           (76,428)         640
Restricted stock awards granted upon conversion of limited partnership interests due to the Corporate Conversion 0     (386)                 386    
Conversion of Class B common stock to Class A common stock 0                       4   (4)
Cancellation of BGC Partners Inc. Treasury Stock due to Corporate Conversion 0     (751,768)     753,331           (1,563)    
Other 5,110     5,110                      
Ending balance at Dec. 31, 2023 898,156     2,105,130     (67,414) (1,119,182) (38,582) 13,073     4,036   1,095
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Consolidated net income (loss) 123,228             126,988   (3,760)          
Other comprehensive income (loss), net of tax (21,515)               (21,267) (248)          
Equity-based compensation 170,889     170,731     (36)           194    
Dividends to common stockholders and participating RSU holders (34,165)             (34,165)              
Issuance of Class A common stock (net of costs) (1,239)     (1,242)                 3    
Repurchase of Class A common stock (262,211)           (262,211)                
Forfeiture of Class A common stock (1,066)     1,001     (2,067)                
Contributions of capital to and from Cantor for equity-based compensation   $ 51,462     $ 51,462                    
Issuance of Class A common stock and RSUs for acquisitions 8,520     8,509                 11    
Cantor purchase of Cantor units from BGC Holdings upon redemption of FPUs 171,667                 171,667          
Other (24,487)     (24,487)                      
Ending balance at Dec. 31, 2024 $ 1,079,239     $ 2,311,104     $ (331,728) $ (1,026,359) $ (59,849) $ 180,732     $ 4,244   $ 1,095