Related Party Transactions - Additional Information (Detail)
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1 Months Ended |
3 Months Ended |
12 Months Ended |
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Mar. 27, 2019
$ / shares
shares
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Mar. 05, 2019
$ / shares
shares
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Feb. 01, 2019
USD ($)
$ / shares
shares
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Nov. 30, 2018
shares
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Nov. 23, 2018
USD ($)
shares
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Jul. 24, 2018
USD ($)
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Mar. 07, 2018
USD ($)
$ / shares
shares
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Feb. 26, 2018
$ / shares
shares
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Dec. 13, 2017 |
May 27, 2017 |
Apr. 12, 2017 |
Nov. 04, 2016
USD ($)
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Oct. 25, 2016
shares
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May 27, 2016
USD ($)
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Jun. 05, 2015
shares
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Mar. 31, 2019
USD ($)
$ / shares
shares
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Mar. 31, 2019
USD ($)
$ / shares
shares
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Mar. 31, 2018
USD ($)
$ / shares
shares
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Dec. 31, 2018
USD ($)
$ / shares
shares
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Dec. 31, 2015
USD ($)
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Mar. 26, 2019
shares
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Feb. 27, 2019
USD ($)
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Aug. 06, 2018
USD ($)
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Mar. 19, 2018
USD ($)
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Feb. 16, 2018
USD ($)
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Sep. 08, 2017
USD ($)
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Apr. 21, 2017
USD ($)
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Oct. 27, 2015
USD ($)
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Aug. 31, 2013
USD ($)
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Related Party Transactions [Abstract] |
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Cantor's share of net profit (loss) in Tower Bridge |
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$ 25,306,000
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$ 28,674,000
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Payment percentage of the gross proceeds from the sale of shares |
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2.00%
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Equity investment |
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368,000
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123,000
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Repurchase agreements |
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$ 4,327,000
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4,327,000
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$ 986,000
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Commissions |
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429,520,000
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407,857,000
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Common stock, issued during the period, additional consideration |
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$ 0
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Principal sum of loan due from related parties |
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11,229,000
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11,229,000
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7,748,000
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Interest expense |
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13,198,000
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9,368,000
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Interest expense from affiliate |
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0
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Payables to Cantor related to open derivative contracts |
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38,132,000
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38,132,000
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40,155,000
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Employee loans |
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240,283,000
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240,283,000
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216,868,000
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Interest income |
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3,665,000
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2,675,000
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Aggregate proceeds from issuance of common stock |
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246,704,000
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Securities loaned |
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$ 25,068,000
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$ 25,068,000
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$ 15,140,000
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Limited Partnership Units Exchange Ratio |
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1
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Repurchase of Class A common stock, shares | shares |
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233,172
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233,172
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Average price per share of common stock repurchased | $ / shares |
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$ 5.30
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$ 5.30
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Mr. Lutnick [Member] | Preferred Units [Member] |
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Related Party Transactions [Abstract] |
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Determination price | $ / shares |
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$ 6.57
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Number of non-exchangeable units redeemed | shares |
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376,651
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760,797
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Non-exchangeable units redemption, value |
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$ 5,000,000
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Number of non-exchangeable PSU approved redemption | shares |
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376,651
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Exchange share price | $ / shares |
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$ 6.21
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Number of LPU issued on exchangeable |
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$ 2,339,000,000
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Number of PLPU share issued for non exchangeable | shares |
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463,969
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Payment of witholding tax rate for common stock issue |
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$ 2,661,000
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Mr. Merkel [Member] |
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Related Party Transactions [Abstract] |
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Share Price | $ / shares |
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$ 5.17
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Number of non-exchangeable PSU approved cancellation | shares |
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113,032
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Number of non-exchangeable PPSU approved cancellation | shares |
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89,225
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Determination price | $ / shares |
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$ 5.36
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Number of shares issued for non-exchangeable units |
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$ 1,062,500,000
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Number of shares issued for non-exchangeable units, net | shares |
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113,032
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Percentage of withholding tax rate for common shares issued |
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45.00%
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Payment related to withholding tax rate for common shares issued |
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$ 478,123
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Mr. Windeatt [Member] |
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Related Party Transactions [Abstract] |
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Determination price | $ / shares |
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$ 4.388
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Exchange share price | $ / shares |
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$ 5.17
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Number of LPU issued on exchangeable |
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$ 720,000
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Number of PLPU share issued for non exchangeable | shares |
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63,814
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Payment of witholding tax rate for common stock issue |
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$ 280,002
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Number of non-exchangeable LPU redemption | shares |
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139,265
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Mr. Lynn [Member] |
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Related Party Transactions [Abstract] |
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Determination price | $ / shares |
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$ 3.894
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Number of non-exchangeable PSU approved redemption | shares |
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750,308
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Exchange share price | $ / shares |
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$ 5.17
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Number of LPU issued on exchangeable |
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$ 3,879,092
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Number of PLPU share issued for non exchangeable | shares |
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287,888
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Payment of witholding tax rate for common stock issue |
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$ 1,120,909
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5.125% Senior Notes Due 2021 [Member] |
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Related Party Transactions [Abstract] |
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Principal amount of debt component |
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$ 300,000,000
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Stated interest rate |
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5.125%
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5.125%
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5.125%
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5.125%
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Debt maturity year |
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2021
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2021
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5.375% Senior Notes Due 2023 [Member] |
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Related Party Transactions [Abstract] |
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Principal amount of debt component |
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$ 450,000,000
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Stated interest rate |
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5.375%
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5.375%
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5.375%
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5.375%
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Debt maturity year |
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2023
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Aqua [Member] |
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Related Party Transactions [Abstract] |
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Equity investment |
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$ 400,000
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$ 100,000
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Principal sum of loan due from related parties |
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$ 980,000
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$ 980,000
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Increase in authorization amount for loans and investments, other credit support arrangements |
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$ 4,000,000
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Authorization amount for loans and investments, other credit support arrangements |
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$ 16,200,000
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Maturity date of subordinated loan |
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Sep. 01, 2020
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Loan Receivable, Description of Variable Rate Basis |
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three month LIBOR plus 600 basis points
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|
Loan Receivable, Basis Spread on Variable Rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6.00%
|
6.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
BGC Class B Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Percentage of Distributions |
|
|
|
1.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Newmark [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares, held by parent | shares |
|
|
|
15,100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Newmark [Member] | Limited Partnership Units [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate exchangeable limited partnership units purchased | shares |
|
|
|
|
|
|
16,600,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate consideration amount |
|
|
|
|
|
|
$ 242,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of interest units owned in limited partnership | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,000,000
|
7,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Class A Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock, shares issued | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
343,885,000
|
343,885,000
|
|
341,745,000
|
|
|
|
|
|
|
|
|
|
|
Issuance of Class A common stock (net of costs), shares | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
61,642
|
18,925,702
|
|
|
|
|
|
|
|
|
|
|
|
Repurchase of Class A common stock, shares | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
233,172
|
0
|
|
|
|
|
|
|
|
|
|
|
|
Average price per share of common stock repurchased | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 5.30
|
|
|
|
|
|
|
|
|
|
|
|
|
Class A Common Stock [Member] | Stephen M. Merkel [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares to be repurchased | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
250,000
|
|
|
|
|
|
|
|
|
Repurchase of Class A common stock, shares | shares |
233,172
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average price per share of common stock repurchased | $ / shares |
$ 5.30
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class A Common Stock [Member] | Newmark [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares, right to exchange from Class A to Class B common stock | shares |
|
|
|
9,400,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class A Common Stock [Member] | Newmark [Member] | Limited Partnership Units [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share Price | $ / shares |
|
|
|
|
|
|
$ 14.57
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class A Common Stock [Member] | Newmark OpCo [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares, held by parent | shares |
|
|
|
7,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares, right to exchange from Class A to Class B common stock | shares |
|
|
|
6,900,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class B Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock, shares issued | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
45,884,000
|
45,884,000
|
|
45,884,000
|
|
|
|
|
|
|
|
|
|
|
Issuance of Class A common stock (net of costs), shares | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
0
|
|
|
|
|
|
|
|
|
|
|
|
Class B Common Stock [Member] | Newmark [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of shares, right to exchange from Class A to Class B common stock | shares |
|
|
|
5,400,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class B Units [Member] | Lucera [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchase of units | shares |
|
|
|
|
|
|
|
|
|
|
|
|
9,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Percentage of outstanding common stock owned by parent |
|
|
|
|
|
|
|
|
|
|
|
100.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cantor and ELX [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cantor's share of net profit (loss) in Tower Bridge |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ (300,000)
|
$ 300,000
|
|
|
|
|
|
|
|
|
|
|
|
Retirement Plan [Member] | Class A Common Stock [Member] | Mr. Lutnick [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share Price | $ / shares |
|
$ 6.24
|
|
|
|
|
|
$ 13.17
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issuance of Class A common stock (net of costs), shares | shares |
|
8,980
|
|
|
|
|
|
7,883
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retirement Plan [Member] | Class A Common Stock [Member] | Maximum [Member] | Mr. Lutnick [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Value of common stock to be issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 56,038
|
|
|
$ 105,000
|
|
|
|
|
Newmark [Member] | Limited Partnership Units [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate exchangeable limited partnership units purchased | shares |
|
|
|
1,500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Newmark [Member] | Class A Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Spin-off received on per share |
|
|
|
0.463895
|
0.463895
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate distribution of shares | shares |
|
|
|
131,900,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock, shares issued | shares |
|
|
|
131,886,409
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Newmark [Member] | Class B Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Spin-off received on per share |
|
|
|
0.463895
|
0.463895
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate distribution of shares | shares |
|
|
|
21,300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Percentage of Distributions |
|
|
|
1.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock, shares issued | shares |
|
|
|
21,285,537
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Exchange ratio |
|
|
|
0.9558
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tower Bridge [Member] | BGC Partners, Inc. [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Company ownership of Tower Bridge |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
52.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
Tower Bridge [Member] | Cantor [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Noncontrolling interest |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
48.00%
|
48.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
Aqua [Member] | BGC Partners, Inc. [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Percentage of ownership interest |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
49.00%
|
49.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
Aqua [Member] | Cantor [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment ownership percentage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
51.00%
|
51.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
Cantor [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mark-up cost of services |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
Repurchase agreements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 4,300,000
|
$ 4,300,000
|
|
$ 1,000,000
|
|
|
|
|
|
|
|
|
|
|
Recognition of share of foreign exchange gains (losses) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
200,000
|
(1,000,000)
|
|
|
|
|
|
|
|
|
|
|
|
Commissions |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
78,000
|
58,000
|
|
|
|
|
|
|
|
|
|
|
|
Investment in asset-backed commercial paper program |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
0
|
|
0
|
|
|
|
|
|
|
|
|
|
|
Investment authorization in asset-backed commercial paper program |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 350,000,000
|
Maximum revolving credit |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 150,000,000
|
|
|
Principal sum of loan due from related parties |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 150,000,000
|
|
|
Line of credit facility, outstanding amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
0
|
|
0
|
|
|
|
|
|
|
$ 150,000,000
|
|
|
|
Interest income from affiliate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0
|
0
|
|
|
|
|
|
|
|
|
|
|
|
Reverse purchase agreement outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0
|
$ 0
|
|
0
|
|
|
|
|
|
|
|
|
|
|
Securities loaned |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15,100,000
|
|
|
|
|
|
|
|
|
|
|
Founding partner units remaining | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,472,398
|
1,472,398
|
|
|
|
|
|
|
|
|
|
|
|
|
Cantor [Member] | Revolving Credit Facility [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income from affiliate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
|
Principal amount of debt component |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 400,000,000
|
$ 250,000,000
|
|
|
|
|
|
Credit agreement, description |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The BGC Credit Agreement will mature on the earlier to occur of (a) March 19, 2020, after which the maturity date of the BGC Credit Agreement will continue to be extended for successive one-year periods unless prior written notice of non-extension is given by a lending party to a borrowing party at least six months in advance of such renewal date and (b) the termination of the BGC Credit Agreement by either party pursuant to its terms.
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit agreement, interest rate description |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The outstanding amounts under the BGC Credit Agreement will bear interest for any rate period at a per annum rate equal to the higher of BGC’s or Cantor’s short-term borrowing rate in effect at such time plus 1.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
Line of credit facility, outstanding amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0
|
$ 0
|
|
|
|
|
|
|
$ 150,000,000
|
|
|
|
|
|
Interest expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
400,000
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense related discontinued operation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
400,000
|
|
|
|
|
|
|
|
|
|
|
|
Cantor [Member] | Lucera [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recognized related party revenues |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
100,000
|
200,000
|
|
|
|
|
|
|
|
|
|
|
|
Cantor [Member] | Class B Units [Member] | Lucera [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity investment |
|
|
|
|
|
|
|
|
|
|
|
$ 24,200,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Post-closing adjustment |
|
|
|
|
|
|
|
|
|
|
|
$ 4,800,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Percentage of ownership interest |
|
|
|
|
|
|
|
|
|
|
|
20.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cantor [Member] | Newmark [Member] | Class A Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock, shares issued | shares |
|
|
|
449,917
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cantor and ELX [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recognized related party revenues |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,800,000
|
6,300,000
|
|
|
|
|
|
|
|
|
|
|
|
Service charges |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12,800,000
|
12,100,000
|
|
|
|
|
|
|
|
|
|
|
|
Compensation to leased employees |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,900,000
|
8,100,000
|
|
|
|
|
|
|
|
|
|
|
|
CF & Co [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Payment percentage of the gross proceeds from the sale of shares |
|
|
|
|
|
|
|
|
5.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Repurchase agreements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,300,000
|
4,300,000
|
|
1,000,000
|
|
|
|
|
|
|
|
|
|
|
Securities loaned |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
25,100,000
|
25,100,000
|
|
$ 15,100,000
|
|
|
|
|
|
|
|
|
|
|
Stated interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2.90%
|
|
|
|
|
|
|
|
|
|
|
Guarantee fees |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31,300
|
$ 31,300
|
|
|
|
|
|
|
|
|
|
|
|
CF & Co [Member] | 5.125% Senior Notes Due 2021 [Member] | Underwriting Fees [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related party expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Purchased senior notes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15,000,000
|
15,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
CF & Co [Member] | 5.375% Senior Notes Due 2023 [Member] | Underwriting Fees [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related party expenses |
|
|
|
|
|
$ 200,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CF & Co [Member] | Securities Financing Transaction, Fair Value [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Securities loaned |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 25,300,000
|
$ 25,300,000
|
|
$ 15,300,000
|
|
|
|
|
|
|
|
|
|
|
CF & Co [Member] | Maximum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stated interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.25%
|
3.25%
|
|
|
|
|
|
|
|
|
|
|
|
|
CF & Co [Member] | Minimum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stated interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2.95%
|
2.95%
|
|
|
|
|
|
|
|
|
|
|
|
|
CF & Co [Member] | March 2018 Sales Agreement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issuance of Class A common stock (net of costs), shares | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
900,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate proceeds from issuance of common stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 5,300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average price per share | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 6.17
|
|
|
|
|
|
|
|
|
|
|
|
|
Related party expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
CF & Co [Member] | April 2017 Sales Agreement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Related Party Transactions [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Issuance of Class A common stock (net of costs), shares | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
19,900,000
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate proceeds from issuance of common stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 280,400,000
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average price per share | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 14.11
|
|
|
|
|
|
|
|
|
|
|
|
Related party expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 5,600,000
|
|
|
|
|
|
|
|
|
|
|
|
CF Group Management, Inc. [Member] |
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Related Party Transactions [Abstract] |
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Number of shares, right to exchange from Class A to Class B common stock | shares |
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712,907
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34,649,693
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23,600,000
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Cantor Rights to Purchase Exchangeable Units [Member] |
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Related Party Transactions [Abstract] |
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Number of shares, right to exchange from Class A to Class B common stock | shares |
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10,323,366
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23,613,420
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Cantor Rights to Purchase Exchangeable Units [Member] | Maximum [Member] |
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Related Party Transactions [Abstract] |
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|
Number of shares, right to exchange from Class A to Class B common stock | shares |
|
|
|
|
|
|
|
|
|
|
|
|
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|
34,649,693
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23,600,000
|
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Cantor Rights to Purchase Exchangeable Units [Member] | Class B Common Stock [Member] | Maximum [Member] |
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Related Party Transactions [Abstract] |
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|
Number of shares, right to exchange from Class A to Class B common stock | shares |
|
|
|
|
|
|
|
|
|
|
|
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23,613,420
|
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Cantor and CFGM [Member] | Class B Common Stock [Member] |
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Related Party Transactions [Abstract] |
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Number of shares, right to exchange from Class A to Class B common stock | shares |
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|
|
|
|
|
|
|
|
|
|
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23,613,420
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Cantor and Freedom International Brokerage [Member] |
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Related Party Transactions [Abstract] |
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Receivables from Freedom International Brokerage |
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$ 1,600,000
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$ 1,600,000
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1,400,000
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Receivables from Cantor related to open derivative contracts |
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2,600,000
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2,600,000
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1,600,000
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Payables to Cantor related to open derivative contracts |
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2,000,000
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2,000,000
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2,100,000
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Payables to Cantor related to pending equity trades |
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0
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0
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0
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Employee Loans [Member] |
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Related Party Transactions [Abstract] |
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Employee loans |
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240,300,000
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240,300,000
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216,900,000
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Compensation expense related to employee loans |
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6,600,000
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1,600,000
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Interest income |
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1,000,000
|
$ 700,000
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Castle Oak | 5.125% Senior Notes Due 2021 [Member] | Underwriting Fees [Member] |
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Related Party Transactions [Abstract] |
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Related party expenses |
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$ 18,000
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Cantor Fitzgerald Relief Fund [Member] | Accounts Payable, Accrued and Other Liabilities [Member] |
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|
Related Party Transactions [Abstract] |
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Charitable contributions |
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$ 14,800,000
|
$ 14,800,000
|
|
$ 20,000,000
|
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Cantor Fitzgerald Relief Fund [Member] | Other Expenses [Member] |
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|
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|
Related Party Transactions [Abstract] |
|
|
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Charitable contributions |
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|
$ 40,000,000
|
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