Revenues from Contracts with Customers (Tables)

12 Months Ended

Dec. 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):

	Year Ended December 31,
	2022		2021		2020
Revenues from contracts with customers:
Leasing and other commissions	831,874		$	826,942	$	513,842
Investment sales	606,416		757,744		403,971
Mortgage brokerage and debt placement	173,253		180,561		50,135
Management services	692,957		733,761		467,453
Total	2,304,500		2,499,008		1,435,401
Other sources of revenue(1):
Fair value of expected net future cash flows from servicing recognized at commitment, net	109,926		136,406		194,814
Loan originations related fees and sales premiums, net	74,573		89,075		116,100
Servicing fees and other	216,528		181,954		158,683
Total	$	2,705,527	$	2,906,443	$	1,904,998

(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 as of December 31, 2022 are as follows (in thousands):

2023	$	89,436
2024	44,544
2025	22,081
2026	7,410
2027	2,505
Thereafter	1,506
Total	$	167,482