Revenues from Contracts with Customers (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Revenues from Contracts with Customers and Our Other Sources of Revenues

The following table presents Newmark’s total revenues separately for its revenues from contracts with customers and other sources of revenues (in thousands):

	Three Months Ended March 31,
	2022		2021
Revenues from contracts with customers:
Leasing and other commissions	$	198,952	$	147,433
Investment sales	152,113		101,545
Mortgage brokerage and debt placement	46,290		19,858
Management services	185,061		146,567
Total	582,416		415,403
Other sources of revenue(1):
Fair value of expected net future cash flows from servicing recognized at commitment, net	29,472		28,716
Loan originations related fees and sales premiums, net	18,300		18,677
Servicing fees and other	48,059		41,184
Total	$	678,247	$	503,980

(1)Although these items have customers under contract, they were recorded as other sources of revenue as they were excluded from the scope of ASU No. 2014-9.

Schedule of Revenue Remaining Performance Obligation

Approximate future cash flows to be received over the next five years at March 31, 2022 are as follows (in thousands):

2022	$	85,852
2023	68,940
2024	27,278
2025	8,647
2026	3,891
Thereafter	2,190
Total	$	196,798