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Revenues from Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2019
Revenue From Contract With Customer [Abstract]  
Schedule of Revenues from Contracts with Customers and Other Sources of Revenues

The following table presents Newmark’s total revenues separately for its revenues from contracts with customers and other sources of revenues (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Revenues from contracts with customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Leasing and other commissions

 

$

213,242

 

 

$

203,904

 

 

$

603,094

 

 

$

541,417

 

Capital markets commissions

 

 

144,666

 

 

 

115,436

 

 

 

376,213

 

 

 

318,491

 

Management services

 

 

104,184

 

 

 

101,968

 

 

 

319,746

 

 

 

306,129

 

Total

 

 

462,092

 

 

 

421,308

 

 

 

1,299,053

 

 

 

1,166,037

 

Other sources of revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gains from mortgage banking activities/originations, net(1)

 

 

72,332

 

 

 

51,972

 

 

 

148,769

 

 

 

132,763

 

Servicing fees and other(1)

 

 

52,210

 

 

 

45,529

 

 

 

137,946

 

 

 

117,088

 

Total

 

$

586,634

 

 

$

518,809

 

 

$

1,585,768

 

 

$

1,415,888

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Although these items have customers under contract, they were recorded as other sources of revenue as they were excluded from the scope of ASU No. 2014-09.