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Stock Transactions and Unit Redemptions (Tables)
 6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
 2024202320242023
Shares outstanding at beginning of period152,681,596 153,142,810 152,639,359 150,384,605 
Share issuances:
LPU redemption/exchange (1)
2,978,758 1,158,346 5,167,941 3,086,251 
Issuance of Class A common stock for Newmark RSUs372,312 286,608 1,442,339 1,272,148 
Other(145,034)1,051 101,392 (154,189)
Treasury stock repurchases(5,502,703)(2,354,217)(8,966,102)(2,354,217)
Shares outstanding at end of period150,384,929 152,234,598 150,384,929 152,234,598 
(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, 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 - March 31, 20243,463,399 $10.73 
April 2024— $— 
May 20243,884,084 $10.13 
June 20241,618,619 $9.99 
Total Repurchases8,966,102 $10.34 $262,184 
Schedule of Changes in Carrying Amount of Redeemable Partnership Interest
The changes in the carrying amount of FPUs follow (in thousands):
 June 30, 2024December 31, 2023
Balance at beginning of period:$16,244 $16,550 
Income allocation37 1,451 
Distributions of income(1,158)(380)
Issuance and other(1,658)(1,377)
Balance at end of period$13,465 $16,244