XML 82 R66.htm IDEA: XBRL DOCUMENT v3.25.0.1
Summary of Significant Accounting Policies - Narrative (Details)
3 Months Ended 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
segment
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
New Accounting Pronouncements or Change in Accounting Principle        
Provision (reversal) for expected credit losses   $ (2,200,000) $ 900,000 $ 1,700,000
Guaranty liabilities $ 26,315,000 26,315,000 28,551,000 27,729,000
Allowance for doubtful accounts, period increase (decrease)   (5,100,000) (1,400,000) 4,200,000
Allowance for doubtful accounts 14,400,000 14,400,000 19,500,000  
Allowance for credit loss 8,800,000 8,800,000 9,400,000  
Revenues   $ 2,738,502,000 2,470,368,000 2,705,527,000
Number of reportable segments | segment   1    
Interest income on loans held for sale   $ 37,716,000 28,068,000 26,821,000
Labor and related expense   1,783,798,000 1,628,885,000 1,693,096,000
Equity-based compensation and allocations of net income to limited partnership units and FPUs   185,398,000 139,747,000 138,312,000
Depreciation and amortization   174,299,000 166,221,000 165,816,000
Professional and consulting fees   26,446,000 27,204,000 28,502,000
Interest expense, net   (31,768,000) (21,737,000) (30,970,000)
Other income (loss), net   6,677,000 13,854,000 (97,701,000)
Total assets $ 4,710,120,000 4,710,120,000 4,471,575,000  
Impairment of intangible assets   $ 0 0 0
Percentage to preferred units 0.6875% 2.75%    
Reportable Segment        
New Accounting Pronouncements or Change in Accounting Principle        
Revenues   $ 2,700,000,000    
Interest income on loans held for sale   37,700,000    
Labor and related expense   1,800,000,000    
Equity-based compensation and allocations of net income to limited partnership units and FPUs   185,400,000    
Operating expenses   798,300,000    
Depreciation and amortization   174,300,000    
Professional and consulting fees   26,400,000    
Interest expense, net   31,800,000    
Other income (loss), net   6,700,000    
Capital markets        
New Accounting Pronouncements or Change in Accounting Principle        
Revenues   774,186,000 659,896,000 964,168,000
Capital markets | Revision of Prior Period, Reclassification, Adjustment        
New Accounting Pronouncements or Change in Accounting Principle        
Revenues     659,900,000 964,200,000
Investment sales | Revision of Prior Period, Reclassification, Adjustment        
New Accounting Pronouncements or Change in Accounting Principle        
Revenues   381,300,000 606,400,000  
Commercial mortgage origination, net        
New Accounting Pronouncements or Change in Accounting Principle        
Revenues       $ 964,168,000
Commercial mortgage origination, net | Revision of Prior Period, Reclassification, Adjustment        
New Accounting Pronouncements or Change in Accounting Principle        
Revenues   $ 278,600,000 $ 357,800,000