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Compensation (Tables)
6 Months Ended
Jun. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Activity Associated with Limited Partnership Units Awarded to BGC Employees

A summary of the activity associated with LPUs awarded to BGC employees is as follows:

 

 

 

BGC

Units

 

 

Newmark

Units

 

Balance at December 31, 2018

 

 

79,729,188

 

 

 

22,113,105

 

Granted

 

 

26,056,782

 

 

 

596,262

 

Redeemed/exchanged units

 

 

(7,780,170

)

 

 

(422,148

)

Forfeited units/other

 

 

(4,012,903

)

 

 

(7,104,167

)

Balance at June 30, 2019

 

 

93,992,897

 

 

 

15,183,052

 

Activity Associated with Restricted Stock Units

A summary of the activity associated with RSUs held by BGC employees is as follows:

 

 

 

Restricted

Stock Units

 

 

Weighted-

Average

Grant

Date Fair

Value

 

 

Weighted-

Average

Remaining

Contractual

Term (Years)

 

Balance at December 31, 2018

 

 

928,713

 

 

$

10.83

 

 

 

1.75

 

Granted

 

 

3,401,740

 

 

 

4.66

 

 

 

 

 

Delivered units

 

 

(349,982

)

 

 

10.30

 

 

 

 

 

Forfeited units

 

 

(103,298

)

 

 

6.94

 

 

 

 

 

Balance at June 30, 2019

 

 

3,877,173

 

 

$

5.57

 

 

 

2.93