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Stock Transactions and Unit Redemptions (Tables)
 3 Months Ended
Mar. 31, 2024
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 March 31,
 20242023
Shares outstanding at beginning of period152,639,359 150,384,605 
Share issuances:
LPU redemption/exchange (1)
2,189,183 1,927,905 
Issuance of Class A common stock for Newmark RSUs1,070,027 985,540 
Other246,426 (155,240)
Treasury stock repurchases(3,463,399)— 
Shares outstanding at end of period152,681,596 153,142,810 
(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 three months ended March 31, 2024 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, 2024 - January 31, 2024
35,006 $10.85 
February 1, 2024 - February 29, 2024
771,477 $10.65 
March 1, 2024 - March 31, 2024
2,656,916 $10.75 
Total Repurchases3,463,399 $10.73 $317,691 
Schedule of Changes in Carrying Amount of Redeemable Partnership Interest
The changes in the carrying amount of FPUs follow (in thousands):
 March 31, 2024December 31, 2023
Balance at beginning of period:$16,244 $16,550 
Income allocation— 1,451 
Distributions of income— (380)
Issuance and other(713)(1,377)
Balance at end of period$15,531 $16,244