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Earnings Per Share and Weighted-Average Shares Outstanding - Calculation of Fully Diluted Earnings Per Share (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Fully diluted earnings per share:        
Net income available to common stockholders [1] $ 72,101 $ 85,475 $ 75,703 $ 118,599
Allocations of net income to limited partnership interests in Newmark Holdings, net of tax 31,522 14,025 34,719 3,780
Net income for fully diluted shares $ 103,623 $ 99,500 $ 110,422 $ 122,379
Weighted-average shares:        
Common stock outstanding (in shares) 179,501 177,020 178,527 178,122
Partnership units (units) 86,912 28,466 86,093 5,661
RSUs (Treasury stock method) (units) 155 786 254 1,231
Newmark exchange shares (shares) 225 344 230 399
Fully diluted weighted-average shares of common stock outstanding (in shares) 266,793 206,616 265,104 185,413
Fully diluted earnings per share (in usd per share) $ 0.39 $ 0.48 $ 0.42 $ 0.66
[1] Includes a reduction for dividends on preferred stock or exchangeable preferred partnership units in the amount of $3.2 million and $8.1 million for the three and nine months ended September 30, 2020, respectively, and $3.2 million and $9.7 million for the three and nine months ended September 30, 2019, respectively (see Note 1 — “Organization and Basis of Presentation”).