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Subsequent Events (Tables)
12 Months Ended
Dec. 31, 2018
Subsequent Event [Line Items]  
Schedule of Estimated Fair Value Of Assets at Acquisition Date

The following table summarizes the allocation of the purchase price to the fair value of assets acquired for the acquisitions occurring in 2017 and 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RE/MAX of Northern Illinois

 

RE/MAX Regional Services

 

RE/MAX of New Jersey

 

Full House

 

RE/MAX of Alaska

 

RE/MAX of New York

 

Total

Cash and cash equivalents

 

$

 -

 

$

 -

 

$

335

 

$

 -

 

$

 -

 

$

131

 

$

466

Franchise agreements

 

 

22,800

 

 

30,700

 

 

29,700

 

 

 -

 

 

529

 

 

5,000

 

 

88,729

Non-compete agreement

 

 

 -

 

 

 -

 

 

 -

 

 

2,500

 

 

 -

 

 

 -

 

 

2,500

Other assets

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

340

 

 

340

Goodwill

 

 

12,920

 

 

19,700

 

 

15,300

 

 

11,800

 

 

971

 

 

3,029

 

 

63,720

Other liabilities

 

 

 -

 

 

 -

 

 

(335)

 

 

 -

 

 

 -

 

 

 -

 

 

(335)

Total purchase price

 

$

35,720

 

$

50,400

 

$

45,000

 

$

14,300

 

$

1,500

 

$

8,500

 

$

155,420

 

RE/MAX Marketing Fund  
Subsequent Event [Line Items]  
Schedule of Estimated Fair Value Of Assets at Acquisition Date

 

 

 

 

 

 

Marketing Funds

 

 

(Unaudited)

Cash

 

$

28,495

Other current assets

 

 

8,472

Property and equipment

 

 

788

Other assets, net of current portion

 

 

126

Total assets acquired

 

 

37,881

Other current liabilities

 

 

37,881

Total liabilities assumed

 

 

37,881

Total acquisition price

 

$

 -