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Stock Transactions and Unit Redemptions (Tables)
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of Changes in Common Stock Outstanding
Changes in shares of Newmark’s Class A common stock outstanding were as follows:
 Year Ended December 31,
 202220212020
Shares outstanding at beginning of period168,272,371 161,175,894 156,265,461 
Share issuances:
LPU redemption/exchange (1)
4,930,499 6,591,462 4,868,169 
Issuance of Class A common stock for Newmark RSUs2,136,813 1,851,786 972,490 
Other(36,596)18,890,659 — 
Treasury stock repurchases(24,918,482)(20,237,430)(930,226)
Shares outstanding at end of period150,384,605 168,272,371 161,175,894 
(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 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 share repurchases of Newmark's Class A common stock during the year ended December 31, 2022 were as follows (in thousands except shares and per share amounts):
Total
Number of
Shares
Repurchased		Average
Price Paid
per Share		Approximate
Dollar Value
of Shares and Units 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 1, 2022 - September 30, 202210,163,677 $10.36 
October 1, 2022 - October 31, 2022— $— 
November 1, 2022 - November 30, 20221,701,287 $8.00 
December 1, 2022 - December 31, 2022— $— 
Total Repurchases24,918,482 $11.83 $392,282 
Schedule of Changes in Carrying Amount of Redeemable Partnership Interest
The changes in the carrying amount of FPUs follow (in thousands):
 December 31, 2022December 31, 2021
Balance at beginning of period:$20,947 $20,045 
Income allocation2,272 4,532 
Distributions of income(5,130)(1,215)
Redemptions— (2,169)
Issuance and other(1,539)(246)
Balance at end of period$16,550 $20,947