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Stock Transactions and Unit Redemptions (Tables)
 12 Months Ended
Dec. 31, 2023
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,
 202320222021
Shares outstanding at beginning of period150,384,605 168,272,371 161,175,894 
Share issuances:
LPU redemption/exchange (1)
3,867,234 4,930,499 6,591,462 
Issuance of Class A common stock for Newmark RSUs2,367,245 2,136,813 1,851,786 
Issuance of Class A common stock
2,307,339 — — 
Other(501,694)(36,596)18,890,659 
Treasury stock repurchases(5,785,370)(24,918,482)(20,237,430)
Shares outstanding at end of period152,639,359 150,384,605 168,272,371 
(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 year ended December 31, 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 1, 2023 - September 30, 20232,787,291 $6.78 
October 2023373,260 $6.38 
November 2023— $— 
December 2023270,602 $10.27 
Total Repurchases5,785,370 $6.47 $354,852 
Schedule of Changes in Carrying Amount of Redeemable Partnership Interest
The changes in the carrying amount of FPUs follow (in thousands):
 December 31, 2023December 31, 2022
Balance at beginning of period:$16,550 $20,947 
Income allocation1,451 2,272 
Distributions of income(380)(5,130)
Issuance and other(1,377)(1,539)
Balance at end of period$16,244 $16,550