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Stock Transactions and Unit Redemptions (Tables)
 6 Months Ended
Jun. 30, 2023
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 June 30,Six Months Ended June 30,
 2023202220232022
Shares outstanding at beginning of period153,142,810 168,557,363 150,384,605 168,272,371 
Share issuances:
LPU redemption/exchange (1)
1,158,346 2,395,043 3,086,251 3,329,911 
Issuance of Class A common stock for Newmark RSUs286,608 369,567 1,272,148 1,389,041 
Other1,051 51,314 (154,189)64,835 
Treasury stock repurchases(2,354,217)(11,370,647)(2,354,217)(13,053,518)
Shares outstanding at end of period152,234,598 160,002,640 152,234,598 160,002,640 
(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 gross share repurchases of Newmark’s Class A common stock during the six months ended June 30, 2023 were as follows (in thousands except shares and per share amounts):
Total
Number of
Shares
Repurchased/Purchased		Average
Price Paid
per Share		Approximate
Dollar Value
of Units and
Shares That
May Yet Be
Repurchased/
Purchased
Under the 
Program
Repurchases
January 1, 2023 - March 31, 2023— — 
April 2023674 $7.08 
May 20232,315,213 $5.67 
June 202338,330 $5.75 
Total Repurchases2,354,217 $5.68 $378,900 
Schedule of Changes in Carrying Amount of Redeemable Partnership Interest The changes in the carrying amount of FPUs follow (in thousands):
 June 30, 2023December 31, 2022
Balance at beginning of period:$16,550 $20,947 
Income allocation— 2,272 
Distributions of income(380)(5,130)
Issuance and other(1,103)(1,539)
Balance at end of period$15,067 $16,550