Warehouse Facilities Collateralized by U.S. Government Sponsored Enterprises (Tables)

3 Months Ended

Mar. 31, 2020

Brokers and Dealers [Abstract]

Schedule of Company Lines Available and Borrowings Outstanding

Newmark had the following lines available and borrowings outstanding (in thousands):

	Committed Lines		Uncommitted Lines		Balance at March 31, 2020		Balance at December 31, 2019		Stated Spread to One-Month LIBOR	Rate Type
Warehouse facility due June 17, 2020(1)	$	450,000	$	—	$	182,159	$	16,759	115 bps	Variable
Warehouse facility due June 17, 2020	—		300,000		—		—		110 bps	Variable
Warehouse facility due September 25, 2020	200,000		—		119,981		8,097		115 bps	Variable
Warehouse facility due October 9, 2020(2)	400,000		—		389,260		34,125		115 bps	Variable
Fannie Mae repurchase agreement, open maturity	—		400,000		11,921		150,667		105 bps	Variable
Total	$	1,050,000	$	700,000	$	703,321	$	209,648

⁽¹⁾  This warehouse line was temporarily increased by $350.0 million to $800.0 million for the period January 13, 2020 to March 30, 2020.

⁽²⁾ 

This warehouse line was temporarily increased by $100.0 million to $500.0 million for the period January 29, 2020 to March 13, 2020.