XML 142 R126.htm IDEA: XBRL DOCUMENT v3.25.0.1
Related Party Transactions - Transactions with Executive Officers and Directors (Howard Lutnick) (Details) - USD ($)
12 Months Ended
Jan. 02, 2024
May 18, 2023
Apr. 01, 2023
Dec. 28, 2021
Dec. 21, 2021
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Oct. 23, 2024
Apr. 19, 2019
Apr. 01, 2019
Related Party Transaction                      
Number of units redeemed (in shares)           9,835,548 11,360,611 9,376,796      
Issuance of common stock and exchangeability expenses           $ 110,973,000 $ 85,918,000 $ 97,031,000      
Related party transaction, award payment term       3 years              
BGC Holdings, L.P.                      
Related Party Transaction                      
Number of units redeemed (in shares)           0 127,960 142,194      
Newmark Holdings Units                      
Related Party Transaction                      
Number of units redeemed (in shares)           9,835,548 11,232,651 9,234,602      
Howard W. Lutnick                      
Related Party Transaction                      
Cash payment $ 1,250,000                    
Contingent gross revenue minimum                   $ 5,000,000  
Class of warrant or right, rights exercised (in shares)         250,000            
Howard W. Lutnick | Retention Bonus Agreement                      
Related Party Transaction                      
Aggregate cash payments       $ 50,000,000              
Howard W. Lutnick | Retention Bonus Agreement, Payment Within Three Days                      
Related Party Transaction                      
Aggregate cash payments       20,000,000              
Howard W. Lutnick | Retention Bonus Agreement, Payment Within Thirty Days                      
Related Party Transaction                      
Aggregate cash payments       $ 10,000,000              
Howard W. Lutnick | BGC Holdings, L.P.                      
Related Party Transaction                      
Number of units redeemed (in shares)   1,474,930                  
Issuance of common stock and exchangeability expenses   $ 9,100,000                  
Howard W. Lutnick | Newmark Holdings Units                      
Related Party Transaction                      
Issuance of common stock and exchangeability expenses   $ 7,000,000                  
Rights for Previously Non-Exchangeable PSUs | Howard W. Lutnick                      
Related Party Transaction                      
Warrants and rights outstanding (in shares) 617,262               712,347    
Class of warrant or right, number of securities called by warrants or rights (in shares) 617,262               712,347    
Rights for Monetization of Previously Awarded Nonexchangeable PPSUs | Howard W. Lutnick                      
Related Party Transaction                      
Warrants and rights outstanding (in shares) 81,275               81,275    
Class of warrant or right, cash payment called by warrants or rights $ 1,250,000               $ 1,250,000    
Non-Exchangeable Rights for Newmark Holdings PSUs/NPSUs | Howard W. Lutnick                      
Related Party Transaction                      
Class of warrant or right, waived (in shares) 617,262                    
Non-Exchangeable Rights for Newmark Holdings PPSUs | Howard W. Lutnick                      
Related Party Transaction                      
Class of warrant or right, waived (in shares) 81,275                    
Newmark Holdings NPSUs and NNPSUs | Howard W. Lutnick                      
Related Party Transaction                      
Class of warrant or right, exercise price of warrants or rights (in dollars per share)                     $ 10.05
Newmark Holdings NPSUs | Howard W. Lutnick                      
Related Party Transaction                      
Warrants and rights outstanding (in shares)                     500,000
Class of warrant or right, number of securities called annually by warrants or rights (in shares)                   125,000  
Class of warrant or right, rights exchanged (in shares)     125,000                
Newmark Holdings NPPSUs | Howard W. Lutnick                      
Related Party Transaction                      
Warrants and rights outstanding (in shares)                     500,000
Class of warrant or right, number of securities called annually by warrants or rights (in shares)                   125,000  
Non-Exchangeable Newmark Holdings PSUs | Howard W. Lutnick                      
Related Party Transaction                      
Class of warrant or right, number of securities called annually by warrants or rights (in shares)                   125,000  
Class of warrant or right, rights exchanged (in shares)     125,000                
Non-Exchangeable Newmark Holdings PPSUs | Howard W. Lutnick                      
Related Party Transaction                      
Class of warrant or right, number of securities called annually by warrants or rights (in shares)                   125,000