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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Common Stock
Common Class A
Common Stock
Common Class B
Common Stock
Contingent Class A Common Stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Noncontrolling Interests
Cumulative Effect, Period of Adoption, Adjustment
Beginning balance at Dec. 31, 2017 $ 222,318 $ 18,805   $ 1,386 $ 158 $ 0 $ 59,374 $ 0 $ 199,492 $ 16,463   $ (38,092) $ 2,342
Increase (Decrease) in Stockholders' Equity                          
Consolidated net income 191,898               106,732     85,166  
Reduction of earning distributions 2,144               2,144        
Dividends to common stockholders (41,788)               (41,788)        
Preferred dividend on exchangeable preferred partnership units (5,091)               (5,091)        
Capital contributions to and from Cantor for equity-based compensation and other 45,296           27,920         17,376  
Equity-based compensation and related issuance of Class A common stock 788           788            
BGC's purchase of 16,606,726 exchangeable limited partnership units in Newmark Holdings 241,960                     241,960  
Exchange of 14,831,234 exchangeable limited partnership units in Newmark Holdings and 6,903,876 limited partnership units in Newmark OpCo into an aggregate of 16,292,623 Class A and 5,445,488 Class B shares of Newmark common stock distributed in the Spin-Off and reallocation of capital 0     163 54 (752) 194,614         (194,079)  
Grant of exchangeability, redemption and issuance 106,200     21     6,009         100,170  
Issuance of exchangeable preferred partnership units ("EPUs") 325,478                     325,478  
Earning distributions to limited partnership interests, redeemable partnership interests, and other noncontrolling interests (61,796)                     (61,796)  
Repurchase of shares of Class A common stock (486)             (486)          
Issuance of contingent limited partnership units 17,279         4,002           13,277  
Other (6,206)           (3,634)         (2,572)  
Ending balance at Dec. 31, 2018 1,056,799     1,570 212 3,250 285,071 (486) 277,952     489,230  
Increase (Decrease) in Stockholders' Equity                          
Consolidated net income 161,712               117,305     44,407  
Dividends to common stockholders (69,245)               (69,245)        
Preferred dividend on exchangeable preferred partnership units 0               (12,900)     12,900  
Grant of exchangeability, redemption and issuance (1,902)   $ (1,789) 38     30,607         (30,758)  
Earning distributions to limited partnership interests, redeemable partnership interests, and other noncontrolling interests (73,646)                     (73,646)  
Repurchase of shares of Class A common stock (42,100)             (34,408)       (7,692)  
Redemption of EPU's (93,480)                     (93,480)  
Other 2,487           2,487            
Ending balance at Dec. 31, 2019 940,625 $ (21,113)   1,608 212 1,461 318,165 (34,894) 313,112 $ (17,458)   340,961 $ (3,655)
Increase (Decrease) in Stockholders' Equity                          
Consolidated net income 109,277               80,060     29,217  
Foreign currency translation adjustments (2,178)                   $ (1,776) (402)  
Dividends to common stockholders (23,171)               (23,171)        
Preferred dividend on exchangeable preferred partnership units 0               (9,779)     9,779  
Grant of exchangeability, redemption and issuance 28,773     68     24,747         3,958  
Earning distributions to limited partnership interests, redeemable partnership interests, and other noncontrolling interests (22,365)                     (22,365)  
Repurchase of shares of Class A common stock (6,817)             (5,637)       (1,180)  
Issuance and redemption of limited partnership units including contingent units           111 266         (377)  
Restricted stock units compensation 11,290           7,648         3,642  
Redemption of EPU's (93,480)                     (93,480)  
Other 306           624       (318)    
Ending balance at Dec. 31, 2020 $ 921,147     $ 1,676 $ 212 $ 1,572 $ 351,450 $ (40,531) $ 342,764   $ (2,094) $ 266,098