XML 125 R114.htm IDEA: XBRL DOCUMENT v3.25.2
Related Party Transactions - Transactions with Executive Officers and Directors (Howard & Brandon Lutnick) (Details)
1 Months Ended 3 Months Ended 6 Months Ended
May 16, 2025
$ / shares
shares
Feb. 05, 2025
$ / shares
shares
Jan. 13, 2025
$ / shares
shares
Sep. 23, 2024
$ / shares
shares
Jan. 02, 2024
USD ($)
shares
Dec. 27, 2021
USD ($)
Jun. 30, 2025
$ / shares
shares
May 31, 2025
$ / shares
shares
Jun. 30, 2025
$ / shares
shares
Jun. 30, 2024
$ / shares
shares
Jun. 30, 2025
$ / shares
shares
Jun. 30, 2024
$ / shares
shares
Jan. 02, 2025
shares
Oct. 23, 2024
USD ($)
shares
Related Party Transaction                            
Share price (in dollars per share) | $ / shares   $ 14.14 $ 11.93 $ 15.34                    
Stock repurchased (in shares)       795,376                    
Related party transaction, award payment term           3 years                
Class A Common Stock                            
Related Party Transaction                            
Treasury stock repurchases (in shares)             0 10,839,674 10,839,674 5,502,703 10,839,674 8,966,102    
Shares repurchased price (in dollars per share) | $ / shares             $ 0 $ 11.58 $ 11.58 $ 10.09 $ 11.58 $ 10.34    
Stock repurchased, gross (in shares)   2,653,272                        
Shares withheld for tax withholding obligation (in shares)     232,380                      
Stock repurchased (in shares)   1,309,367 186,732                      
Mr. Lutnick                            
Related Party Transaction                            
Shares repurchased price (in dollars per share) | $ / shares $ 11.58                          
Cash payment | $         $ 1,250,000                  
Mr. Lutnick | Rights for Previously Non-Exchangeable PSUs                            
Related Party Transaction                            
Warrants and rights outstanding (in shares)   1,148,970     617,262               101,133 712,347
Class of warrant or right, number of securities called by warrants or rights (in shares)   1,148,970     617,262               101,133 712,347
Class of warrant or right, issued upon conversion (in shares)   2,859,437                        
Class of warrant or right, conversion ratio   0.9279                        
Stock repurchased, gross (in shares)     419,112                      
Shares withheld for tax withholding obligation (in shares)   1,343,905                        
Mr. Lutnick | Rights for Monetization of Previously Awarded Nonexchangeable PPSUs                            
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
Mr. Lutnick | Non-Exchangeable Rights for Newmark Holdings PSUs/NPSUs                            
Related Party Transaction                            
Class of warrant or right, waived (in shares)         617,262                  
Mr. Lutnick | Non-Exchangeable Rights for Newmark Holdings PPSUs                            
Related Party Transaction                            
Class of warrant or right, waived (in shares)         81,275                  
Mr. Lutnick | Sale of Class A Common Stock to Company                            
Related Party Transaction                            
Treasury stock repurchases (in shares) 10,969,523                          
Shares repurchased price (in dollars per share) | $ / shares $ 11.58                          
Mr. Lutnick | Sale of Class A Common Stock to Company | Howard W. Lutnick, Spouse and Trusts                            
Related Party Transaction                            
Treasury stock repurchases (in shares) 10,839,674                          
Mr. Lutnick | Sale of Class A Common Stock to Company | Mr. Lutnick                            
Related Party Transaction                            
Treasury stock repurchases (in shares) 7,989,936                          
Mr. Lutnick | Sale of Class A Common Stock to Company | Personal Asset Trust                            
Related Party Transaction                            
Treasury stock repurchases (in shares) 2,843,781                          
Mr. Lutnick | Sale of Class A Common Stock to Company | Family Trust                            
Related Party Transaction                            
Treasury stock repurchases (in shares) 3,384                          
Mr. Lutnick | Sale of Class A Common Stock to Company | Spouse                            
Related Party Transaction                            
Treasury stock repurchases (in shares) 2,573                          
Mr. Lutnick | Sale of Class A Common Stock to Company | Retirement Accounts                            
Related Party Transaction                            
Treasury stock repurchases (in shares) 129,849                          
Mr. Lutnick | Retention Bonus Agreement                            
Related Party Transaction                            
Aggregate cash payments | $           $ 50,000,000                
Mr. Lutnick | Retention Bonus Agreement, Payment Within Three Days                            
Related Party Transaction                            
Aggregate cash payments | $           20,000,000                
Mr. Lutnick | Retention Bonus Agreement, Payment Within Thirty Days                            
Related Party Transaction                            
Aggregate cash payments | $           $ 10,000,000