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Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Total revenue $ 78,287 $ 85,401
Operating expenses:    
Selling, operating and administrative expenses 45,705 49,115
Marketing Funds expenses 20,206 21,342
Depreciation and amortization 7,852 8,033
Total operating expenses 73,763 78,490
Operating income (loss) 4,524 6,911
Other expenses, net:    
Interest expense (9,256) (8,245)
Interest income 1,001 1,004
Foreign currency transaction gains (losses) (372) 43
Total other expenses, net (8,627) (7,198)
Income (loss) before provision for income taxes (4,103) (287)
Provision for income taxes (1,504) (392)
Net income (loss) (5,607) (679)
Less: net income (loss) attributable to non-controlling interest (2,254) (8)
Net income (loss) attributable to RE/MAX Holdings, Inc. $ (3,353) $ (671)
Common Class A    
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock    
Basic $ (0.18) $ (0.04)
Diluted $ (0.18) $ (0.04)
Weighted average shares of Class A common stock outstanding    
Basic 18,481,848 17,916,841
Diluted 18,481,848 17,916,841
Cash dividends declared per share of Class A common stock   $ 0.23
Continuing franchise fees    
Revenue:    
Total revenue $ 31,085 $ 32,076
Annual dues    
Revenue:    
Total revenue 8,225 8,618
Broker fees    
Revenue:    
Total revenue 10,716 10,892
Marketing Funds fees    
Revenue:    
Total revenue 20,206 21,342
Franchise sales and other revenue    
Revenue:    
Total revenue $ 8,055 $ 12,473