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Stock Transactions and Unit Redemptions (Tables)
 9 Months Ended
Sep. 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 September 30,Nine Months Ended September 30,
 2023202220232022
Shares outstanding at beginning of period152,234,598 160,002,640 150,384,605 168,272,371 
Share issuances:
LPU redemption/exchange (1)
564,180 421,320 3,650,431 1,983,495 
Issuance of Class A common stock for Newmark RSUs380,755 297,266 1,652,903 1,686,307 
Issuance of Class A common stock
1,069,447 — 1,069,447 1,767,736 
Other— (26,742)(154,189)38,093 
Treasury stock repurchases(2,787,291)(10,163,677)(5,141,508)(23,217,195)
Shares outstanding at end of period151,461,689 150,530,807 151,461,689 150,530,807 
(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 nine months ended September 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 1, 2023 - June 30, 2023
2,354,217 $5.68 
July 2023— $— 
August 2023— $— 
September 20232,787,291 $6.78 
Total Repurchases5,141,508 $6.28 $360,000 
Schedule of Changes in Carrying Amount of Redeemable Partnership Interest The changes in the carrying amount of FPUs follow (in thousands):
 September 30, 2023December 31, 2022
Balance at beginning of period:$16,550 $20,947 
Income allocation293 2,272 
Distributions of income(380)(5,130)
Issuance and other(1,254)(1,539)
Balance at end of period$15,209 $16,550