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Note 21 - Revenue From Contracts With Customers
 12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Revenue from Contract with Customer [Text Block]
21.
Revenue from contracts with customers
 
Disaggregated revenue
Colliers has disaggregated its revenue from contracts with customers by type of service and region as presented in the following table.
 
    Americas     EMEA     Asia
Pacific		     Investment
Management		     Corporate     Consolidated  
                                     
                                     
                                     
2018                                    
Lease brokerage   $
648,815
     $
139,685
     $
115,447
     $
-
     $
-
     $
903,947
  
Sales brokerage    
441,934
      
168,796
      
170,154
      
-
      
-
      
780,884
  
Property management    
228,550
      
84,861
      
135,921
      
-
      
-
      
449,332
  
Valuation and advisory    
148,721
      
112,180
      
62,133
      
-
      
-
      
323,034
  
Project management    
109,699
      
107,149
      
32,230
      
-
      
-
      
249,078
  
Investment management    
-
      
-
      
-
      
74,978
      
-
      
74,978
  
Other    
18,465
      
10,567
      
12,475
      
1,043
      
1,624
      
44,174
  
Total Revenue   $
1,596,184
     $
623,238
     $
528,360
     $
76,021
     $
1,624
     $
2,825,427
  
                                                 
2017 (note 23)                                                
Lease brokerage   $
549,721
     $
116,171
     $
103,334
     $
-
     $
-
     $
769,226
  
Sales brokerage    
402,801
      
137,959
      
182,690
      
-
      
-
      
723,450
  
Property management    
208,880
      
43,440
      
126,424
      
-
      
-
      
378,744
  
Valuation and advisory    
131,250
      
98,094
      
56,945
      
-
      
-
      
286,289
  
Project management    
99,849
      
110,817
      
17,093
      
-
      
-
      
227,759
  
Investment management    
-
      
-
      
-
      
12,647
      
-
      
12,647
  
Other    
16,912
      
8,466
      
9,717
      
7
      
1,983
      
37,085
  
Total Revenue   $
1,409,413
     $
514,947
     $
496,203
     $
12,654
     $
1,983
     $
2,435,200
  
 
Contract balances
The Company had contract assets totaling
$110,432
of which
$99,468
was current (
2017
-
$111,841
of which
$104,737
was current). During the year ended
December 31, 2018,
substantially all of the current contract assets were moved to accounts receivable.
 
The Company had contract liabilities (all current) totaling
$39,635
(
2017
-
$35,423
). Revenue recognized for the year ended
December 31, 2018
totaled
$23,526
(
2017
-
$25,857
) that was included in the contract liability balance at the beginning of the year. The remaining balance was transferred to accounts payable and is related to the Company’s role as an agent in its outsourcing and advisory business where it collects funds in advance from customers and make payments to vendors or subcontractors on their behalf but where the costs are accounted for on a net basis because the Company does
not
control the good or service prior to their delivery to the customer.