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Stock Transactions and Unit Redemptions (Tables)
 9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Schedule of Changes in Common Stock Outstanding
Changes in shares of Newmark’s Class A common stock outstanding were as follows:
 Three Months Ended September 30,Nine Months Ended September 30,
 2022202120222021
Shares outstanding at beginning of period160,002,640 179,736,458 168,272,371 161,175,894 
Share issuances:
LPU redemption/exchange (1)
421,320 968,762 3,751,231 3,960,927 
Issuance of Class A common stock for Newmark RSUs297,266 254,735 1,686,307 1,498,343 
Other(26,742)(244,815)38,093 18,572,317 
Treasury stock repurchases(10,163,677)(6,307,802)(23,217,195)(10,800,143)
Shares outstanding at end of period150,530,807 174,407,338 150,530,807 174,407,338 
(1)Because they were included in Newmark’s fully diluted share count, if dilutive, any exchange of LPUs into Class A common stock would not impact the fully diluted number of shares and units outstanding.
Schedule of Share Repurchase Activity
The following table details Newmark's unit redemptions and share repurchases for cash, under the new program, and does not include unit redemptions and/or cancellations in connection with the grant of shares of Newmark's Class A common stock. The gross unit redemptions and share repurchases of Newmark's Class A common stock during the nine months ended September 30, 2022 were as follows (in thousands except units, shares and per share amounts):
Total
Number of
Shares
Repurchased/Purchased		Average
Price Paid
per Unit
or Share		Approximate
Dollar Value
of Units and
Shares That
May Yet Be
Repurchased/
Purchased
Under the 
Program
Repurchases
January 1, 2022 - March 31, 20221,682,871 $18.35 
April 1, 2022 - June 30, 202211,370,647 $12.75 
July 20222,390,179 $10.19 
August 20223,337,037 $10.68 
September 20224,436,461 $10.20 
Total Repurchases23,217,195 $12.10 $146,927 
Schedule of Changes in Carrying Amount of Redeemable Partnership Interest
The changes in the carrying amount of FPUs follow (in thousands):
 September 30, 2022December 31, 2021
Balance at beginning of period:$20,947 $20,045 
Income allocation1,892 4,532 
Distributions of income(4,468)(1,215)
Redemptions— (2,169)
Issuance and other(1,417)(246)
Balance at end of period$16,954 $20,947