Compensation (Tables)

9 Months Ended

Sep. 30, 2019

Summary of Activity of Number of Share Equivalent Limited Partnership Units and Post IPO Grants

A summary of the activity of the number of share-equivalent limited partnership units and post-IPO grants of Newmark limited partnership units held by Newmark employees in Newmark Holdings follows:

	Number of Units
Balance, January 1, 2018		29,413,143
Granted		19,141,943
Redeemed/exchanged units		(3,793,351	)
Forfeited units		(28,248	)
Balance, December 31, 2018		44,733,487
Granted		11,919,128
Redeemed/exchanged units		(1,533,472	)
Forfeited units/Other		4,814,499
Balance, September 30, 2019		59,933,642

Activity Associated with Restricted Stock Units

A summary of the activity associated with RSUs in BGC held by Newmark employees follows:

	Restricted Stock Units			Weighted- Average Grant Date Fair Value		Weighted- Average Remaining Contractual Term (Years)
Balance, January 1, 2018		346,538		$	9.56		1.85
Granted		3,439			7.64
Settled units (delivered shares)		(147,006	)		9.17
Forfeited units		(34,296	)		10.01
Balance, December 31, 2018		168,675			9.77		0.98
Granted		—			—
Settled units (delivered shares)		(96,520	)		9.38
Forfeited units		(11,290	)		10.02
Balance, September 30, 2019		60,865		$	10.35		0.45

A summary of the activity associated with RSUs in Newmark held by Newmark employees follows:

	Restricted Stock Units			Weighted- Average Grant Date Fair Value		Weighted- Average Remaining Contractual Term (Years)
Balance, January 1, 2018		—		$	—		—
Granted		264,532			13.54
Settled units (delivered shares)		(8,109	)		13.36
Forfeited units		(36,536	)		13.71
Balance, December 31, 2018		219,887			13.52		2.28
Granted		3,110,510			7.39
Settled units (delivered shares)		(65,420	)		13.53
Forfeited units		(86,802	)		9.37
Balance, September 30, 2019		3,178,175		$	7.63		5.12

BGC Holdings, L.P. [Member]

Activity Associated with Limited Partnership Units

A summary of the activity associated with limited partnership units held by Newmark employees in BGC Holdings follows:

	Number of Units
Balance, January 1, 2018		64,708,915
Granted		2,872,825
Redeemed/exchanged units		(5,650,292	)
Forfeited units		(60,479	)
Balance, December 31, 2018		61,870,969
Granted		291,489
Redeemed/exchanged units		(2,975,326	)
Forfeited units		(2,123,571	)
Balance, September 30, 2019		57,063,561