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Revenues from Contracts with Customers (Tables)
 9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues from Contracts with Customers and Our Other Sources of Revenues
The following table presents Newmark’s total revenues separately for its revenues from contracts with customers and other sources of revenues (in thousands):
 Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
Revenues from contracts with customers:
Leasing and other commissions$214,581 $203,268 $581,937 $600,185 
Investment sales99,223 94,707 261,777 244,304 
Mortgage brokerage and debt placement42,195 24,479 97,555 60,955 
Management services211,977 190,697 604,177 526,848 
Total567,976 513,151 $1,545,446 $1,432,292 
Other sources of revenue(1):
Fair value of expected net future cash flows from servicing recognized at commitment, net26,220 20,997 $65,759 $58,142 
Loan originations related fees and sales premiums, net21,070 19,083 56,423 52,639 
Servicing fees and other (2)
70,646 63,052 198,158 179,853 
Total$685,912 $616,283 $1,865,786 $1,722,926 
(1)Although these items have customers under contract, they were recorded as other sources of revenue as they were excluded from the scope of ASU No. 2014-9.
(2)Beginning in the first quarter of 2024, the portion of Spring11’s revenues associated with its servicing and asset management portfolio is no longer reported under “Management services” but is instead recorded as part of “Servicing fees” for all periods from the first quarter of 2023 onwards. For the three and nine months ended September 30, 2023, $2.2 million and $6.3 million, respectively, was reclassified from “Management services” to “Servicing fees.”
Schedule of Revenue Remaining Performance Obligation
Approximate future cash flows to be received over the next five years as of September 30, 2024 are as follows (in thousands):

2024$30,329 
202592,171 
202645,242 
202712,529 
20284,247 
Thereafter252 
Total$184,770