CBRE (CBRE) 10-Q 9 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 31, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	CBG
Entity Registrant Name	CBRE GROUP, INC.
Entity Central Index Key	1,138,118
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		337,935,219

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 535,681	$ 762,576
Restricted cash	74,720	68,836
Receivables, less allowance for doubtful accounts of $46,221 and $39,469 at June 30, 2017 and December 31, 2016, respectively	2,653,346	2,605,602
Warehouse receivables	1,069,889	1,276,047
Income taxes receivable	55,593	45,626
Prepaid expenses	235,717	184,107
Other current assets	199,390	179,656
Total Current Assets	4,824,336	5,122,450
Property and equipment, net	556,480	560,756
Goodwill	3,095,980	2,981,392
Other intangible assets, net of accumulated amortization of $884,737 and $771,673 at June 30, 2017 and December 31, 2016, respectively	1,398,757	1,411,039
Investments in unconsolidated subsidiaries	246,715	232,238
Deferred tax assets, net	96,272	105,324
Other assets, net	387,678	366,388
Total Assets	10,606,218	10,779,587
Current Liabilities:
Accounts payable and accrued expenses	1,427,401	1,446,438
Compensation and employee benefits payable	673,510	772,922
Accrued bonus and profit sharing	543,982	890,321
Income taxes payable	41,796	58,351
Short-term borrowings:
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Entities have committed to purchase)	1,054,970	1,254,653
Other	16	16
Total short-term borrowings	1,054,986	1,254,669
Current maturities of long-term debt	11	11
Other current liabilities	55,864	102,717
Total Current Liabilities	3,797,550	4,525,429
Long-term debt, net of current maturities	2,550,404	2,548,126
Deferred tax liabilities, net	96,780	70,719
Non-current tax liabilities	32,427	54,042
Other liabilities	546,031	524,026
Total Liabilities	7,023,192	7,722,342
Commitments and contingencies
CBRE Group, Inc. Stockholders’ Equity:
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 337,929,771 and 337,279,449 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively	3,379	3,373
Additional paid-in capital	1,199,559	1,145,226
Accumulated earnings	2,983,668	2,656,906
Accumulated other comprehensive loss	(646,913)	(791,018)
Total CBRE Group, Inc. Stockholders’ Equity	3,539,693	3,014,487
Non-controlling interests	43,333	42,758
Total Equity	3,583,026	3,057,245
Total Liabilities and Equity	$ 10,606,218	$ 10,779,587

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Receivables, allowance for doubtful accounts	$ 46,221	$ 39,469
Other intangible assets, accumulated amortization	$ 884,737	$ 771,673
Class A common stock, par value	$ 0.01	$ 0.01
Class A common stock, shares authorized	525,000,000	525,000,000
Class A common stock, shares issued	337,929,771	337,279,449
Class A common stock, shares outstanding	337,929,771	337,279,449

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Revenue	$ 3,342,215	$ 3,207,537	$ 6,323,419	$ 6,054,271
Costs and expenses:
Cost of services	2,318,562	2,254,233	4,405,641	4,267,846
Operating, administrative and other	712,374	680,442	1,318,605	1,323,808
Depreciation and amortization	100,386	90,268	194,423	177,262
Total costs and expenses	3,131,322	3,024,943	5,918,669	5,768,916
Gain on disposition of real estate	11,298		12,683	4,819
Operating income	222,191	182,594	417,433	290,174
Equity income from unconsolidated subsidiaries	75,384	34,929	90,402	92,230
Other income	3,186	3,882	7,301	7,097
Interest income	1,427	3,066	3,838	4,525
Interest expense	35,430	36,987	69,440	71,777
Income before provision for income taxes	266,758	187,484	449,534	322,249
Provision for income taxes	68,362	64,039	119,635	114,164
Net income	198,396	123,445	329,899	208,085
Less: Net income attributable to non- controlling interests	1,231	1,777	3,137	4,250
Net income attributable to CBRE Group, Inc.	$ 197,165	$ 121,668	$ 326,762	$ 203,835
Basic income per share:
Net income per share attributable to CBRE Group, Inc.	$ 0.59	$ 0.36	$ 0.97	$ 0.61
Weighted average shares outstanding for basic income per share	336,975,149	335,076,746	336,941,681	334,534,841
Diluted income per share:
Net income per share attributable to CBRE Group, Inc.	$ 0.58	$ 0.36	$ 0.96	$ 0.60
Weighted average shares outstanding for diluted income per share	340,882,603	338,080,641	340,214,246	337,797,887

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 198,396	$ 123,445	$ 329,899	$ 208,085
Other comprehensive income (loss):
Foreign currency translation gain (loss)	88,347	(102,308)	139,436	(85,714)
Amounts reclassified from accumulated other comprehensive loss to interest expense, net of tax	1,380	1,733	2,888	3,476
Unrealized (losses) gains on interest rate swaps, net of tax	(217)	(1,206)	77	(4,115)
Unrealized holding gains on available for sale securities, net of tax	977	1,574	1,900	645
Other, net	(10)	(702)	(16)	(759)
Total other comprehensive income (loss)	90,477	(100,909)	144,285	(86,467)
Comprehensive income	288,873	22,536	474,184	121,618
Less: Comprehensive income attributable to non-controlling interests	1,390	1,694	3,317	4,289
Comprehensive income attributable to CBRE Group, Inc.	$ 287,483	$ 20,842	$ 470,867	$ 117,329

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 329,899	$ 208,085
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	194,423	177,262
Amortization of financing costs	4,912	5,204
Gains related to mortgage servicing rights, premiums on loan sales and sales of other assets	(80,893)	(73,404)
Net realized and unrealized gains from investments	(7,301)	(7,097)
Equity income from unconsolidated subsidiaries	(90,402)	(92,230)
Provision for doubtful accounts	5,578	4,926
Compensation expense for equity awards	48,283	28,554
Proceeds from sale of mortgage loans	7,071,928	6,748,833
Origination of mortgage loans	(6,848,102)	(5,821,981)
Decrease in warehouse lines of credit	(199,683)	(911,486)
Distribution of earnings from unconsolidated subsidiaries	12,981	14,544
Tenant concessions received	7,436	2,339
Purchase of trading securities	(43,525)	(57,985)
Proceeds from sale of trading securities	34,476	62,497
Decrease in receivables	60,947	71,666
Increase in prepaid expenses and other assets	(88,576)	(74,672)
Decrease in real estate held for sale and under development	9,787	4,440
Decrease in accounts payable and accrued expenses	(55,029)	(111,699)
Decrease in compensation and employee benefits payable and accrued bonus and profit sharing	(487,997)	(332,454)
Increase in income taxes receivable/payable	(47,384)	(53,095)
(Decrease) increase in other liabilities	(7,067)	21,122
Other operating activities, net	(15,428)	(23,386)
Net cash used in operating activities	(190,737)	(210,017)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(59,863)	(79,058)
Acquisition of businesses (other than Global Workplace Solutions (GWS)), including net assets acquired, intangibles and goodwill, net of cash acquired	(40,452)	(16,569)
Acquisition of GWS, including net assets acquired, intangibles and goodwill		(21,900)
Contributions to unconsolidated subsidiaries	(32,660)	(27,431)
Distributions from unconsolidated subsidiaries	96,941	93,912
Increase in restricted cash	(3,022)	(478)
Purchase of available for sale securities	(19,734)	(23,984)
Proceeds from the sale of available for sale securities	17,277	22,061
Other investing activities, net	2,608	13,929
Net cash used in investing activities	(38,905)	(39,518)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of senior term loans		(14,375)
Proceeds from revolving credit facility	911,000	1,356,000
Repayment of revolving credit facility	(911,000)	(1,200,000)
Proceeds from notes payable on real estate held for sale and under development	2,137	13,315
Repayment of notes payable on real estate held for sale and under development	(9,189)	(4,102)
Units repurchased for payment of taxes on equity awards	(1,900)	(5,112)
Non-controlling interest contributions	1,941	821
Non-controlling interest distributions	(3,904)	(3,517)
Payment of financing costs		(5,529)
Other financing activities, net	(3,666)	3,987
Net cash (used in) provided by financing activities	(14,581)	141,488
Effect of currency exchange rate changes on cash and cash equivalents	17,328	(588)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(226,895)	(108,635)
CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD	762,576	540,403
CASH AND CASH EQUIVALENTS, AT END OF PERIOD	535,681	431,768
Cash paid during the period for:
Interest	59,490	63,420
Income taxes, net	$ 163,885	$ 160,353

Consolidated Statement of Equit

Consolidated Statement of Equity (Unaudited) - 6 months ended Jun. 30, 2017 - USD ($) $ in Thousands	Total	Class A Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Non-controlling Interests [Member]
Beginning balance at Dec. 31, 2016	$ 3,057,245	$ 3,373	$ 1,145,226	$ 2,656,906	$ (791,018)	$ 42,758
Net income	329,899			326,762		3,137
Non-cash issuance of common stock related to acquisition	7,589	5	7,586		(2)
Compensation expense for equity awards	48,283		48,283
Units repurchased for payment of taxes on equity awards	(1,900)		(1,900)
Foreign currency translation gain	139,436				139,256	180
Amounts reclassified from accumulated other comprehensive loss to interest expense, net of tax	2,888				2,888
Unrealized gains on interest rate swaps, net of tax	77				77
Unrealized holding gains on available for sale securities, net of tax	1,900				1,900
Contributions from non- controlling interests	1,941					1,941
Distributions to non- controlling interests	(3,904)					(3,904)
Other	(428)	1	364		(14)	(779)
Ending balance at Jun. 30, 2017	$ 3,583,026	$ 3,379	$ 1,199,559	$ 2,983,668	$ (646,913)	$ 43,333

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation	1. Basis of Presentation Readers of this Quarterly Report on Form 10-Q (Quarterly Report) should refer to the audited financial statements and notes to consolidated financial statements of CBRE Group, Inc., a Delaware corporation (which may be referred to in these financial statements as the “company,” “we,” “us” and “our”), for the year ended December 31, 2016, which are included in our 2016 Annual Report on Form 10-K (2016 Annual Report), filed with the United States Securities and Exchange Commission (SEC) and also available on our website ( www.cbre.com The accompanying consolidated financial statements have been prepared in accordance with the rules applicable to quarterly reports on Form 10-Q and include all information and footnotes required for interim financial statement presentation, but do not include all disclosures required under accounting principles generally accepted in the United States (GAAP) for annual financial statements. In our opinion, all adjustments (consisting of normal recurring adjustments, except as otherwise noted) considered necessary for a fair presentation have been included. The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, and reported amounts of revenue and expenses. Such estimates include the value of goodwill, intangibles and other long-lived assets, real estate assets, accounts receivable, investments in unconsolidated subsidiaries and assumptions used in the calculation of income taxes, retirement and other post-employment benefits, among others. These estimates and assumptions are based on our best judgment. We evaluate our estimates and assumptions on an ongoing basis using historical experience and other factors, including consideration of the current economic environment, and adjust such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in these estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods. Certain reclassifications have been made to the 2016 financial statements to conform with the 2017 presentation. The results of operations for the three and six months ended June 30, 2017 are not necessarily indicative of the results of operations to be expected for the year ending December 31, 2017.

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Jun. 30, 2017
Accounting Changes And Error Corrections [Abstract]
New Accounting Pronouncements	2. New Accounting Pronouncements Recently Adopted Accounting Pronouncements In May 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2017-09, “Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting.” Recent Accounting Pronouncements Pending Adoption The FASB has recently issued five ASUs related to revenue recognition (“new revenue recognition guidance”), all of which will become effective for the company on January 1, 2018. The ASUs issued are: (1) in May 2014, ASU 2014-09, “Revenue from Contracts with Customers (Topic 606);” n March 2016, ASU 2016-08, “Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net);” (3) in “ Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing;” (4) in “ Revenue from Contracts with Customers (Topic 606): Narrow-scope Improvements and Practical Expedients;” and (5) in December 2016, ASU 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue From Contracts with Customers.” ASU 2016-08 clarifies the implementation guidance on principal versus agent considerations. clarifies guidance related to identifying performance obligations and licensing implementation guidance contained in ASU 2014-09. clarifies guidance in certain narrow areas and adds some practical expedients. We plan to adopt the new revenue recognition guidance in the first quarter of 2018 using the retrospective transition method. We continue to evaluate the impact that adoption of these updates will have on our consolidated financial statements and related disclosures. Based on our initial assessment, the impact of the application of the new revenue recognition guidance will likely result in an acceleration of some revenues that are based, in part, on future contingent events. For example, some brokerage revenues from leasing commissions in various countries where we operate will get recognized earlier. Under current GAAP, a portion of these commissions are deferred until a future contingency is resolved (e.g., tenant move-in or payment of first month’s rent). Under the new revenue guidance, the company’s performance obligation will be typically satisfied at lease signing and therefore the portion of the commission that is contingent on a future event will likely be recognized earlier if deemed not subject to significant reversal. We continue to evaluate the impact of updated principal versus agent guidance on our consolidated financial statements in relation to third-party costs which are billed to clients in association with facilities management and project management services. While our assessment is still ongoing, we anticipate that a significant amount of additional contracts will be accounted for on a gross basis, resulting in a significant gross up of third-party costs as compared to our current presentation, with no impact on profitability. This is driven by a change in the indicators used to assess if we control these third-party service providers. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” In February 2016, the FASB issued ASU 2016-02, “ Leases (Topic 842) In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments.” In October 2016, the FASB issued ASU 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory.” In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230): Restricted Cash.” In January 2017, the FASB issued ASU 2017-04, “Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” In February 2017, the FASB issued ASU 2017-05, “Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets.” In March 2017, the FASB issued ASU 2017-08, “Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20), Premium Amortization on Purchased Callable Debt Securities.” In July 2017, the FASB issued ASU 2017-11, “Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features, (Part II) Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception.”

Warehouse Receivables & Warehou

Warehouse Receivables & Warehouse Lines of Credit	6 Months Ended
	Jun. 30, 2017
Warehouse Receivables And Warehouse Lines Of Credit [Abstract]
Warehouse Receivables & Warehouse Lines of Credit	3. Warehouse Receivables & Warehouse Lines of Credit Our wholly-owned subsidiary CBRE Capital Markets, Inc. (CBRE Capital Markets) is a Federal Home Loan Mortgage Corporation (Freddie Mac) approved Multifamily Program Plus Seller/Servicer and an approved Federal National Mortgage Association (Fannie Mae) Aggregation and Negotiated Transaction Seller/Servicer. In addition, CBRE Capital Markets’ wholly-owned subsidiary CBRE Multifamily Capital, Inc. (CBRE MCI) is an approved Fannie Mae Delegated Underwriting and Servicing (DUS) Seller/Servicer and CBRE Capital Markets’ wholly-owned subsidiary CBRE HMF, Inc. (CBRE HMF) is a U.S. Department of Housing and Urban Development (HUD) approved Non-Supervised Federal Housing Authority (FHA) Title II Mortgagee, an approved Multifamily Accelerated Processing (MAP) lender and an approved Government National Mortgage Association (Ginnie Mae) issuer of mortgage-backed securities (MBS). Under these arrangements, before loans are originated through proceeds from warehouse lines of credit, we obtain either a contractual loan purchase commitment from either Freddie Mac or Fannie Mae or a confirmed forward trade commitment for the issuance and purchase of a Fannie Mae or Ginnie Mae MBS that will be secured by the loans. Loans funded from the warehouse lines of credit are generally repaid within a one-month period, on average, when Freddie Mac or Fannie Mae buys the loans or upon settlement of the Fannie Mae or Ginnie Mae MBS, while we retain the servicing rights. Such loans are funded at the prevailing market rates. The warehouse lines of credit are recourse only to CBRE Capital Markets and are secured by our related warehouse receivables. We elect the fair value option for all warehouse receivables. At June 30, 2017 and December 31, 2016, all of the warehouse receivables included in the accompanying consolidated balance sheets were either under commitment to be purchased by Freddie Mac or had confirmed forward trade commitments for the issuance and purchase of Fannie Mae or Ginnie Mae mortgage-backed securities that will be secured by the underlying loans. A rollforward of our warehouse receivables is as follows (dollars in thousands): Beginning balance at January 1, 2017 $ 1,276,047 Origination of mortgage loans 6,848,102 Gains (premiums on loan sales) 21,460 Sale of mortgage loans (7,050,468 ) Cash collections of premiums on loan sales (21,460 ) Proceeds from sale of mortgage loans (7,071,928 ) Net decrease in mortgage servicing rights included in warehouse receivables (3,792 ) Ending balance at June 30, 2017 $ 1,069,889 The following table is a summary of our warehouse lines of credit in place as of June 30, 2017 and December 31, 2016 (dollars in thousands): June 30, 2017 December 31, 2016 Maximum Maximum Lender Current Maturity Pricing Facility Size Carrying Value Facility Size Carrying Value JP Morgan Chase Bank, N.A. (JP Morgan) (1) 2/28/2017 daily one-month LIBOR plus 1.45% $ - $ - $ 300,000 $ 275,945 JP Morgan 10/23/2017 daily one-month LIBOR plus 1.45% 800,000 400,178 700,000 - JP Morgan 10/23/2017 daily one-month LIBOR plus 2.75% 25,000 1,433 25,000 3,768 Bank of America (BofA) (1) 1/30/2017 daily one-month LIBOR plus 1.60% - - 300,000 300,000 BofA 6/5/2018 daily one-month LIBOR plus 1.40% 225,000 127,437 200,000 18,555 Fannie Mae Multifamily As Soon As Pooled Plus Agreement and Multifamily As Soon As Pooled Sale Agreement (ASAP) Program (1) 1/17/2017 daily one-month LIBOR plus 1.35%, with a LIBOR floor of 0.35% - - 200,000 200,000 Fannie Mae ASAP Program Cancelable anytime daily one-month LIBOR plus 1.35%, with a LIBOR floor of 0.35% 450,000 75,293 450,000 111,160 TD Bank, N.A. (TD Bank) (1) 2/28/2017 daily one-month LIBOR plus 1.35% - - 375,000 154,032 TD Bank 6/30/2018 daily one-month LIBOR plus 1.25% 400,000 320,074 400,000 - Capital One, N.A. (Capital One) (1) 1/23/2017 daily one-month LIBOR plus 1.45% - - 250,000 191,193 Capital One (2) 7/27/2017 daily one-month LIBOR plus 1.45% 200,000 130,555 200,000 - $ 2,100,000 $ 1,054,970 $ 3,400,000 $ 1,254,653 (1) Temporary facility to accommodate year-end volume. (2) On July 27, 2017, this agreement was amended to extend the maturity date to July 27, 2018 and reduce the interest rate to daily one-month LIBOR plus 1.40%. During the six months ended June 30, 2017, we had a maximum of $1.7 billion of warehouse lines of credit principal outstanding.

Variable Interest Entities (VIE

Variable Interest Entities (VIEs)	6 Months Ended
	Jun. 30, 2017
Equity Method Investments And Joint Ventures [Abstract]
Variable Interest Entities (VIEs)	4 . Variable Interest Entities (VIEs) We hold variable interests in certain VIEs in our Global Investment Management and Development Services segments which are not consolidated as it was determined that we are not the primary beneficiary. Our involvement with these entities is in the form of equity co-investments and fee arrangements. As of June 30, 2017 and December 31, 2016, our maximum exposure to loss related to the VIEs which are not consolidated was as follows (dollars in thousands): June 30, December 31, 2017 2016 Investments in unconsolidated subsidiaries $ 29,668 $ 31,041 Co-investment commitments $ 4,868 $ 168 Other current assets 3,496 3,314 Maximum exposure to loss $ 38,032 $ 34,523

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	5. Fair Value Measurements The “Fair Value Measurements and Disclosures” • Level 1 – Quoted prices in active markets for identical assets or liabilities. • Level 2 – Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. • Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. There were no significant transfers in or out of Level 1 and Level 2 during the three and six months ended June 30, 2017 and 2016. There have been no significant changes to the valuation techniques and inputs used to develop the recurring fair value measurements from those disclosed in our 2016 Annual Report. The following tables present the fair value of assets and liabilities measured at fair value on a recurring basis as of June 30, 2017 and December 31, 2016 (dollars in thousands): As of June 30, 2017 Fair Value Measured and Recorded Using Level 1 Level 2 Level 3 Total Assets Available for sale securities: Debt securities: U.S. treasury securities $ 7,273 $ — $ — $ 7,273 Debt securities issued by U.S. federal agencies — 4,768 — 4,768 Corporate debt securities — 19,191 — 19,191 Asset-backed securities — 2,546 — 2,546 Collateralized mortgage obligations — 2,038 — 2,038 Total debt securities 7,273 28,543 — 35,816 Equity securities 26,414 — — 26,414 Total available for sale securities 33,687 28,543 — 62,230 Trading securities 67,907 — — 67,907 Warehouse receivables — 1,069,889 — 1,069,889 Total assets at fair value $ 101,594 $ 1,098,432 $ — $ 1,200,026 Liabilities Interest rate swaps $ — $ 8,569 $ — $ 8,569 Securities sold, not yet purchased 2,823 — — 2,823 Foreign currency exchange forward contracts - 59 — 59 Total liabilities at fair value $ 2,823 $ 8,628 $ — $ 11,451 As of December 31, 2016 Fair Value Measured and Recorded Using Level 1 Level 2 Level 3 Total Assets Available for sale securities: Debt securities: U.S. treasury securities $ 8,485 $ — $ — $ 8,485 Debt securities issued by U.S. federal agencies — 5,046 — 5,046 Corporate debt securities — 17,094 — 17,094 Asset-backed securities — 2,695 — 2,695 Collateralized mortgage obligations — 1,010 — 1,010 Total debt securities 8,485 25,845 — 34,330 Equity securities 22,744 — — 22,744 Total available for sale securities 31,229 25,845 — 57,074 Trading securities 52,629 — — 52,629 Warehouse receivables — 1,276,047 — 1,276,047 Foreign currency exchange forward contracts — 1,471 — 1,471 Total assets at fair value $ 83,858 $ 1,303,363 $ — $ 1,387,221 Liabilities Interest rate swaps $ — $ 13,162 $ — $ 13,162 Securities sold, not yet purchased 3,591 — — 3,591 Total liabilities at fair value $ 3,591 $ 13,162 $ — $ 16,753 There were no significant non-recurring fair value measurements recorded during the three and six months ended June 30, 2017 and 2016. FASB ASC Topic 825, “Financial Instruments” • Cash and Cash Equivalents and – These balances include cash and cash equivalents as well as restricted cash with maturities of less than three months. The carrying amount approximates fair value due to the short-term maturities of these instruments. • Receivables, less Allowance for Doubtful Accounts – Due to their short-term nature, fair value approximates carrying value. • Warehouse Receivables – These balances are carried at fair value based on market prices at the balance sheet date. • Trading and – These investments are carried at their fair value. • Foreign Currency Exchange Forward Contracts – These assets and liabilities are carried at their fair value as calculated by using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. • Securities Sold, not yet Purchased – These liabilities are carried at their fair value. • Short-Term Borrowings – The majority of this balance represents outstanding amounts under our warehouse lines of credit of our wholly-owned subsidiary, CBRE Capital Markets. Due to the short-term nature and variable interest rates of these instruments, fair value approximates carrying value (see Notes 3 and 7). • Senior Term Loans – Based upon information from third-party banks (which falls within Level 2 of the fair value hierarchy), the estimated fair value of our senior term loans was approximately $750.4 million at June 30, 2017 and $751.4 million at December 31, 2016. Their actual carrying value, net of unamortized debt issuance costs, totaled $745.5 million and $744.3 million at June 30, 2017 and December 31, 2016, respectively (see Note 7). • Interest Rate Swaps – These liabilities are carried at their fair value as calculated by using widely-accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. • Senior Notes – Based on dealers’ quotes (which falls within Level 2 of the fair value hierarchy), the estimated fair values of our 5.00% senior notes, 4.875% senior notes and 5.25% senior notes were $840.4 million, $642.2 million and $465.2 million, respectively, at June 30, 2017 and $827.6 million, $607.0 million and $439.3 million, respectively, at December 31, 2016. The actual carrying value of our 5.00% senior notes, 4.875% senior notes and 5.25% senior notes, net of unamortized debt issuance costs, totaled $791.1 million, $591.6 million and $422.3 million, respectively, at June 30, 2017 and $790.4 million, $591.2 million and $422.2 million, respectively, at December 31, 2016.

Investments in Unconsolidated S

Investments in Unconsolidated Subsidiaries	6 Months Ended
	Jun. 30, 2017
Equity Method Investments And Joint Ventures [Abstract]
Investments in Unconsolidated Subsidiaries	6 . Investments in Unconsolidated Subsidiaries Investments in unconsolidated subsidiaries are accounted for under the equity method of accounting. Our investment ownership percentages in equity method investments vary, generally ranging up to 5.0% in our Global Investment Management segment, up to 10.0% in our Development Services segment, and up to 50.0% in our other business segments. Combined condensed financial information for the entities actually accounted for using the equity method is as follows (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Global Investment Management Revenue $ 237,907 $ 252,301 $ 505,058 $ 484,904 Operating income $ 76,410 $ 61,755 $ 91,888 $ 62,378 Net income $ 60,307 $ 87,747 $ 64,397 $ 65,872 Development Services Revenue $ 27,477 $ 18,418 $ 49,003 $ 31,076 Operating income $ 157,296 $ 37,199 $ 177,857 $ 158,109 Net income $ 150,055 $ 31,631 $ 166,152 $ 150,092 Other Revenue $ 44,145 $ 38,263 $ 70,003 $ 66,514 Operating income $ 8,800 $ 8,106 $ 10,979 $ 14,288 Net income $ 11,510 $ 8,176 $ 13,658 $ 14,370 Total Revenue $ 309,529 $ 308,982 $ 624,064 $ 582,494 Operating income $ 242,506 $ 107,060 $ 280,724 $ 234,775 Net income $ 221,872 $ 127,554 $ 244,207 $ 230,334

Long-Term Debt and Short-Term B

Long-Term Debt and Short-Term Borrowings	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Long-Term Debt and Short-Term Borrowings	7 . Long-Term Debt and Short-Term Borrowings Long-Term Debt Long-term debt consists of the following (dollars in thousands): June 30, December 31, 2017 2016 Senior term loans, with interest ranging from 1.77% to 2.65%, due quarterly through 2022 $ 751,876 $ 751,875 5.00% senior notes due in 2023 800,000 800,000 4.875% senior notes due in 2026, net of unamortized discount 596,090 595,912 5.25% senior notes due in 2025, net of unamortized premium 426,409 426,500 Other 11 14 Total long-term debt 2,574,386 2,574,301 Less: current maturities of long-term debt (11 ) (11 ) Less: unamortized debt issuance costs (23,971 ) (26,164 ) Total long-term debt, net of current maturities $ 2,550,404 $ 2,548,126 On January 9, 2015, CBRE Services, Inc. (CBRE Services), our wholly-owned subsidiary, entered into an amended and restated credit agreement (2015 Credit Agreement) with a syndicate of banks jointly led by Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Credit Suisse AG. On March 21, 2016, CBRE Services executed an amendment to the 2015 Credit Agreement that, among other things, extended the maturity on the revolving credit facility to March 2021 and increased the borrowing capacity under the revolving credit facility by $200.0 million. Our 2015 Credit Agreement is an unsecured credit facility that is jointly and severally guaranteed by us and substantially all of our material domestic subsidiaries. As of June 30, 2017, the 2015 Credit Agreement provided for the following: (1) a $2.8 billion revolving credit facility, which includes the capacity to obtain letters of credit and swingline loans and matures on March 21, 2021; (2) a $500.0 million tranche A term loan facility requiring quarterly principal payments, which began on June 30, 2015 and continue through maturity on January 9, 2020; (3) a $270.0 million tranche B-1 term loan facility requiring quarterly principal payments, which began on December 31, 2015 and continue through maturity on September 3, 2020; and (4) a $130.0 million tranche B-2 term loan facility requiring quarterly principal payments, which began on December 31, 2015 and continue through maturity on September 3, 2022. Our 2015 Credit Agreement contains restrictive covenants that, among other things, limit our ability to incur additional indebtedness, pay dividends or make distributions to stockholders, repurchase capital stock or debt, make investments, sell assets or subsidiary stock, create or permit liens on assets, engage in transactions with affiliates, enter into sale/leaseback transactions, issue subsidiary equity and enter into consolidations or mergers. Our 2015 Credit Agreement also requires us to maintain a minimum coverage ratio of EBITDA (as defined in the 2015 Credit Agreement) to total interest expense of 2.00x and a maximum leverage ratio of total debt less available cash to EBITDA (as defined in the 2015 Credit Agreement) of 4.25x as of the end of each fiscal quarter. On this basis, our coverage ratio of EBITDA to total interest expense was 13.70x for the trailing twelve months ended June 30, 2017, and our leverage ratio of total debt less available cash to EBITDA was 1.24x as of June 30, 2017. The indentures governing our 5.00% senior notes, 4.875% senior notes and 5.25% senior notes contain restrictive covenants that, among other things, limit our ability to create or permit liens on assets securing indebtedness, entering into sale/leaseback transactions and entering into consolidations or mergers. Short-Term Borrowings Revolving Credit Facility As of June 30, 2017, letters of credit totaling $2.0 million were outstanding under our revolving credit facility under our 2015 Credit Agreement. These letters of credit, which reduce the amount we may borrow under our revolving credit facility, were primarily issued in the ordinary course of business. As of June 30, 2017 and December 31, 2016, no amounts were outstanding under our revolving credit facility other than these letters of credit totaling $2.0 million. Warehouse Lines of Credit CBRE Capital Markets has warehouse lines of credit with third-party lenders for the purpose of funding mortgage loans that will be resold, and a funding arrangement with Fannie Mae for the purpose of selling a percentage of certain closed multifamily loans to Fannie Mae. These warehouse lines are recourse only to CBRE Capital Markets and are secured by our related warehouse receivables. See Note 3 for additional information.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2017
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	8 . Commitments and Contingencies We are a party to a number of pending or threatened lawsuits arising out of, or incident to, our ordinary course of business. We believe that any losses in excess of the amounts accrued therefor as liabilities on our financial statements are unlikely to be significant, but litigation is inherently uncertain and there is the potential for a material adverse effect on our financial statements if one or more matters are resolved in a particular period in an amount materially in excess of what we anticipated. In January 2008, CBRE MCI, a wholly-owned subsidiary of CBRE Capital Markets, entered into an agreement with Fannie Mae under Fannie Mae’s Delegated Underwriting and Servicing Lender Program (DUS Program), to provide financing for multifamily housing with five or more units. Under the DUS Program, CBRE MCI originates, underwrites, closes and services loans without prior approval by Fannie Mae, and in selected cases, is subject to sharing up to one-third of any losses on loans originated under the DUS Program. CBRE MCI has funded loans subject to such loss sharing arrangements with unpaid principal balances of $17.9 billion at June 30, 2017. CBRE MCI, under its agreement with Fannie Mae, must post cash reserves or other acceptable collateral under formulas established by Fannie Mae to provide for sufficient capital in the event losses occur. As of June 30, 2017 and December 31, 2016, CBRE MCI had a $53.0 million and a $45.0 million, respectively, letter of credit under this reserve arrangement, and had provided approximately $30.2 million and $28.2 million, respectively, of loan loss accruals. Fannie Mae’s recourse under the DUS Program is limited to the assets of CBRE MCI, which assets totaled approximately $593.1 million (including $364.7 million of warehouse receivables, a substantial majority of which are pledged against warehouse lines of credit and are therefore not available to Fannie Mae) at June 30, 2017. CBRE Capital Markets participates in Freddie Mac’s Multifamily Small Balance Loan (SBL) Program. Under the SBL program, CBRE Capital Markets has certain repurchase and loss reimbursement obligations. These obligations are for the period from origination of the loan to the securitization date. CBRE Capital Markets must post a cash reserve or other acceptable collateral to provide for sufficient capital in the event the obligations are triggered. As of June 30, 2017, CBRE Capital Markets had posted a $5.0 million letter of credit under this reserve arrangement. We had outstanding letters of credit totaling $64.2 million as of June 30, 2017, excluding letters of credit for which we have outstanding liabilities already accrued on our consolidated balance sheet related to our subsidiaries’ outstanding reserves for claims under certain insurance programs as well as letters of credit related to operating leases. CBRE MCI’s letters of credit totaling $58.0 million as of June 30, 2017 referred to in the preceding paragraphs represented the majority of the $64.2 million outstanding letters of credit as of such date. The remaining letters of credit are primarily executed by us in the ordinary course of business and expire at varying dates through June 2018. We had guarantees totaling $57.9 million as of June 30, 2017, excluding guarantees related to pension liabilities, consolidated indebtedness and other obligations for which we have outstanding liabilities already accrued on our consolidated balance sheet, and excluding guarantees related to operating leases. The $57.9 million primarily represents guarantees executed by us in the ordinary course of business, including various guarantees of management and vendor contracts in our operations overseas, which expire at the end of each of the respective agreements. In addition, as of June 30, 2017, we had issued numerous non-recourse carveout, completion and budget guarantees relating to development projects for the benefit of third parties. These guarantees are commonplace in our industry and are made by us in the ordinary course of our Development Services business. Non-recourse carveout guarantees generally require that our project-entity borrower not commit specified improper acts, with us potentially liable for all or a portion of such entity’s indebtedness or other damages suffered by the lender if those acts occur. Completion and budget guarantees generally require us to complete construction of the relevant project within a specified timeframe and/or within a specified budget, with us potentially being liable for costs to complete in excess of such timeframe or budget. However, we generally use “guaranteed maximum price” contracts with reputable, bondable general contractors with respect to projects for which we provide these guarantees. These contracts are intended to pass the risk to such contractors. While there can be no assurance, we do not expect to incur any material losses under these guarantees. An important part of the strategy for our Global Investment Management business involves investing our capital in certain real estate investments with our clients. These co-investments generally total up to 2.0% of the equity in a particular fund. As of June 30, 2017, we had aggregate commitments of $23.3 million to fund future co-investments. Additionally, an important part of our Development Services business strategy is to invest in unconsolidated real estate subsidiaries as a principal (in most cases co-investing with our clients). As of June 30, 2017, we had committed to fund $22.8 million of additional capital to these unconsolidated subsidiaries.

Income Per Share Information

Income Per Share Information	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Income Per Share Information	9 . Income Per Share Information The calculations of basic and diluted income per share attributable to CBRE Group, Inc. shareholders are as follows (dollars in thousands, except share data): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Basic Income Per Share Net income attributable to CBRE Group, Inc. shareholders $ 197,165 $ 121,668 $ 326,762 $ 203,835 Weighted average shares outstanding for basic income per share 336,975,149 335,076,746 336,941,681 334,534,841 Basic income per share attributable to CBRE Group, Inc. shareholders $ 0.59 $ 0.36 $ 0.97 $ 0.61 Diluted Income Per Share Net income attributable to CBRE Group, Inc. shareholders $ 197,165 $ 121,668 $ 326,762 $ 203,835 Weighted average shares outstanding for basic income per share 336,975,149 335,076,746 336,941,681 334,534,841 Dilutive effect of contingently issuable shares 3,905,498 2,976,165 3,267,556 3,226,936 Dilutive effect of stock options 1,956 27,730 5,009 36,110 Weighted average shares outstanding for diluted income per share 340,882,603 338,080,641 340,214,246 337,797,887 Diluted income per share attributable to CBRE Group, Inc. shareholders $ 0.58 $ 0.36 $ 0.96 $ 0.60 For the three and six months ended June 30, 2017, 1,317,651 and 2,037,886, respectively, of contingently issuable shares were excluded from the computation of diluted income per share because their inclusion would have had an anti-dilutive effect. For the three and six months ended June 30, 2016, 1,536,189 and 1,553,158, respectively, of contingently issuable shares were excluded from the computation of diluted income per share because their inclusion would have had an anti-dilutive effect.

Segments

Segments	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Segments	10 . Segments We report our operations through the following segments: (1) Americas; (2) Europe, Middle East and Africa (EMEA); (3) Asia Pacific; (4) Global Investment Management and (5) Development Services. The Americas segment is our largest segment of operations and provides a comprehensive range of services throughout the U.S. and in the largest regions of Canada and key markets in Latin America. The primary services offered consist of the following: property sales, property leasing, mortgage services, appraisal and valuation, property management and occupier outsourcing services. Our EMEA and Asia Pacific segments generally provide services similar to the Americas business segment. The EMEA segment has operations primarily in Europe, while the Asia Pacific segment has operations in Asia, Australia and New Zealand. Our Global Investment Management business provides investment management services to clients seeking to generate returns and diversification through direct and indirect investments in real estate in North America, Europe and Asia Pacific. Our Development Services business consists of real estate development and investment activities primarily in the U.S. Summarized financial information by segment is as follows (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 (1) 2017 2016 (1) Revenue Americas $ 1,856,887 $ 1,780,389 $ 3,549,533 $ 3,368,264 EMEA 954,734 953,918 1,798,922 1,794,265 Asia Pacific 420,628 359,602 761,773 670,961 Global Investment Management 92,763 95,737 182,329 186,117 Development Services 17,203 17,891 30,862 34,664 Total revenue $ 3,342,215 $ 3,207,537 $ 6,323,419 $ 6,054,271 Adjusted EBITDA Americas $ 230,409 $ 227,411 $ 450,809 $ 414,625 EMEA 68,577 59,854 102,441 87,665 Asia Pacific 43,200 28,235 63,481 41,103 Global Investment Management 23,910 26,426 49,769 49,341 Development Services 46,453 18,525 49,257 50,400 Total Adjusted EBITDA $ 412,549 $ 360,451 $ 715,757 $ 643,134 (1) In 2017, we changed the presentation of the operating results of one of our emerging businesses among our regional services reporting segments. Prior year amounts have been reclassified to conform with the current-year presentation. This change had no impact on our consolidated results. Adjusted EBITDA is the measure reported to the chief operating decision maker for purposes of making decisions about allocating resources to each segment and assessing performance of each segment. EBITDA represents earnings before net interest expense, income taxes, depreciation and amortization. Amounts shown for adjusted EBITDA further remove (from EBITDA) the impact of certain cash and non-cash charges related to acquisitions, cost-elimination expenses and certain carried interest incentive compensation reversal to align with the timing of associated revenue. Adjusted EBITDA is calculated as follows (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 (1) 2017 2016 (1) Net income attributable to CBRE Group, Inc. $ 197,165 $ 121,668 $ 326,762 $ 203,835 Add: Depreciation and amortization 100,386 90,268 194,423 177,262 Interest expense 35,430 36,987 69,440 71,777 Provision for income taxes 68,362 64,039 119,635 114,164 Less: Interest income 1,427 3,066 3,838 4,525 EBITDA 399,916 309,896 706,422 562,513 Adjustments: Integration and other costs related to acquisitions 15,408 27,751 27,351 44,924 Cost-elimination expenses (2) - 27,176 - 39,579 Carried interest incentive compensation reversal to align with the timing of associated revenue (2,775 ) (4,372 ) (18,016 ) (3,882 ) Adjusted EBITDA $ 412,549 $ 360,451 $ 715,757 $ 643,134 (1) In 2017, we changed the presentation of the operating results of one of our emerging businesses among our regional services reporting segments. Prior year amounts have been reclassified to conform with the current-year presentation. This change had no impact on our consolidated results. (2) Represents cost-elimination expenses relating to a program initiated in the fourth quarter of 2015 and completed in the third quarter of 2016 (our cost-elimination project) to reduce the company’s global cost structure after several years of significant revenue and related cost growth. Cost-elimination expenses incurred during the three and six months ended June 30, 2016 consisted of $25.1 million and $36.9 million, respectively, of severance costs related to headcount reductions in connection with the program and $2.1 million and $2.7 million, respectively, of third-party contract termination costs.

Guarantor and Nonguarantor Fina

Guarantor and Nonguarantor Financial Statements	6 Months Ended
	Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Guarantor and Nonguarantor Financial Statements	11. Guarantor and Nonguarantor Financial Statements The following condensed consolidating financial information includes condensed consolidating balance sheets as of June 30, 2017 and December 31, 2016, condensed consolidating statements of operations and condensed consolidating statements of comprehensive income for the three and six months ended June 30, 2017 and 2016 and condensed consolidating statements of cash flows for the six months ended June 30, 2017 and 2016 of: • CBRE Group, Inc., as the parent; CBRE Services, as the subsidiary issuer; the guarantor subsidiaries; the nonguarantor subsidiaries; • Elimination entries necessary to consolidate CBRE Group, Inc., as the parent, with CBRE Services and its guarantor and nonguarantor subsidiaries; and • CBRE Group, Inc., on a consolidated basis. Investments in consolidated subsidiaries are presented using the equity method of accounting. The principal elimination entries eliminate investments in consolidated subsidiaries and intercompany balances and transactions. CONDENSED CONSOLIDATING BALANCE SHEET AS OF JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ 7 $ 12,906 $ 71,194 $ 451,574 $ — $ 535,681 Restricted cash — — 5,349 69,371 — 74,720 Receivables, net — — 998,049 1,655,297 — 2,653,346 Warehouse receivables (1) — — 680,272 389,617 — 1,069,889 Income taxes receivable 292 2,988 - 54,936 (2,623 ) 55,593 Prepaid expenses — — 93,622 142,095 — 235,717 Other current assets — — 67,678 131,712 — 199,390 Total Current Assets 299 15,894 1,916,164 2,894,602 (2,623 ) 4,824,336 Property and equipment, net — — 387,213 169,267 — 556,480 Goodwill — — 1,695,584 1,400,396 — 3,095,980 Other intangible assets, net — — 768,206 630,551 — 1,398,757 Investments in unconsolidated subsidiaries — — 197,668 49,047 — 246,715 Investments in consolidated subsidiaries 4,840,206 4,682,820 2,605,729 — (12,128,755 ) — Intercompany loan receivable — 2,711,774 700,000 — (3,411,774 ) — Deferred tax assets, net — — 44,311 96,272 (44,311 ) 96,272 Other assets, net — 19,614 257,276 110,788 — 387,678 Total Assets $ 4,840,505 $ 7,430,102 $ 8,572,151 $ 5,350,923 $ (15,587,463 ) $ 10,606,218 LIABILITIES AND EQUITY Current Liabilities: Accounts payable and accrued expenses $ — $ 30,238 $ 384,961 $ 1,012,202 $ — $ 1,427,401 Compensation and employee benefits payable — 626 328,874 344,010 — 673,510 Accrued bonus and profit sharing — — 286,198 257,784 — 543,982 Income taxes payable — — 3,168 41,251 (2,623 ) 41,796 Short-term borrowings: — Warehouse lines of credit (which fund loans that U.S. Government Sponsored Entities have committed to purchase) (1) — — 673,672 381,298 — 1,054,970 Other — — 16 — — 16 Total short-term borrowings — - 673,688 381,298 — 1,054,986 Current maturities of long-term debt — — — 11 — 11 Other current liabilities — 918 44,858 10,088 — 55,864 Total Current Liabilities — 31,782 1,721,747 2,046,644 (2,623 ) 3,797,550 Long-Term Debt, net: Long-term debt, net — 2,550,404 — - — 2,550,404 Intercompany loan payable 1,300,812 — 1,857,194 253,768 (3,411,774 ) — Total Long-Term Debt, net 1,300,812 2,550,404 1,857,194 253,768 (3,411,774 ) 2,550,404 Deferred tax liabilities, net — — — 141,091 (44,311 ) 96,780 Non-current tax liabilities — — 30,676 1,751 — 32,427 Other liabilities — 7,710 279,714 258,607 — 546,031 Total Liabilities 1,300,812 2,589,896 3,889,331 2,701,861 (3,458,708 ) 7,023,192 Commitments and contingencies — — — — — — Equity: CBRE Group, Inc. Stockholders’ Equity 3,539,693 4,840,206 4,682,820 2,605,729 (12,128,755 ) 3,539,693 Non-controlling interests — — — 43,333 — 43,333 Total Equity 3,539,693 4,840,206 4,682,820 2,649,062 (12,128,755 ) 3,583,026 Total Liabilities and Equity $ 4,840,505 $ 7,430,102 $ 8,572,151 $ 5,350,923 $ (15,587,463 ) $ 10,606,218 (1) Although CBRE Capital Markets is included among our domestic subsidiaries that jointly and severally guarantee our 5.00% senior notes, 4.875% senior notes, 5.25% senior notes and our 2015 Credit Agreement, a substantial majority of warehouse receivables funded under JP Morgan, TD Bank, Capital One, BofA and Fannie Mae ASAP, lines of credit are pledged to JP Morgan, TD Bank, Capital One, BofA and Fannie Mae. CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ 7 $ 16,889 $ 264,121 $ 481,559 $ — $ 762,576 Restricted cash — — 6,967 61,869 — 68,836 Receivables, net — — 943,028 1,662,574 — 2,605,602 Warehouse receivables (1) — — 687,454 588,593 — 1,276,047 Income taxes receivable 1,915 17,364 8,170 37,456 (19,279 ) 45,626 Prepaid expenses — — 78,296 105,811 — 184,107 Other current assets — 1,421 64,576 113,659 — 179,656 Total Current Assets 1,922 35,674 2,052,612 3,051,521 (19,279 ) 5,122,450 Property and equipment, net — — 395,749 165,007 — 560,756 Goodwill — — 1,669,683 1,311,709 — 2,981,392 Other intangible assets, net — — 793,525 617,514 — 1,411,039 Investments in unconsolidated subsidiaries — — 189,455 42,783 — 232,238 Investments in consolidated subsidiaries 4,226,629 4,076,265 2,314,549 — (10,617,443 ) — Intercompany loan receivable — 2,684,421 700,000 — (3,384,421 ) — Deferred tax assets, net — — 72,325 90,334 (57,335 ) 105,324 Other assets, net — 22,229 240,707 103,452 — 366,388 Total Assets $ 4,228,551 $ 6,818,589 $ 8,428,605 $ 5,382,320 $ (14,078,478 ) $ 10,779,587 LIABILITIES AND EQUITY Current Liabilities: Accounts payable and accrued expenses $ — $ 30,049 $ 409,470 $ 1,006,919 $ — $ 1,446,438 Compensation and employee benefits payable — 626 402,719 369,577 — 772,922 Accrued bonus and profit sharing — — 506,715 383,606 — 890,321 Income taxes payable — — 40,946 36,684 (19,279 ) 58,351 Short-term borrowings: — Warehouse lines of credit (which fund loans that U.S. Government Sponsored Entities have committed to purchase) (1) — — 680,473 574,180 — 1,254,653 Other — — 16 — — 16 Total short-term borrowings — — 680,489 574,180 — 1,254,669 Current maturities of long-term debt — — — 11 — 11 Other current liabilities — — 81,590 21,127 — 102,717 Total Current Liabilities — 30,675 2,121,929 2,392,104 (19,279 ) 4,525,429 Long-Term Debt, net: Long-term debt, net — 2,548,123 — 3 — 2,548,126 Intercompany loan payable 1,214,064 — 1,916,675 253,682 (3,384,421 ) — Total Long-Term Debt, net 1,214,064 2,548,123 1,916,675 253,685 (3,384,421 ) 2,548,126 Deferred tax liabilities, net — — — 128,054 (57,335 ) 70,719 Non-current tax liabilities — — 53,422 620 — 54,042 Other liabilities — 13,162 260,314 250,550 — 524,026 Total Liabilities 1,214,064 2,591,960 4,352,340 3,025,013 (3,461,035 ) 7,722,342 Commitments and contingencies — — — — — — Equity: CBRE Group, Inc. Stockholders’ Equity 3,014,487 4,226,629 4,076,265 2,314,549 (10,617,443 ) 3,014,487 Non-controlling interests — — — 42,758 — 42,758 Total Equity 3,014,487 4,226,629 4,076,265 2,357,307 (10,617,443 ) 3,057,245 Total Liabilities and Equity $ 4,228,551 $ 6,818,589 $ 8,428,605 $ 5,382,320 $ (14,078,478 ) $ 10,779,587 (1) Although CBRE Capital Markets is included among our domestic subsidiaries that jointly and severally guarantee our 5.00% senior notes, 4.875% senior notes, 5.25% senior notes and our 2015 Credit Agreement, a substantial majority of warehouse receivables funded under BofA, Fannie Mae ASAP, JP Morgan, Capital One and TD Bank lines of credit are pledged to BofA, Fannie Mae, JP Morgan, Capital One and TD Bank. CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Revenue $ — $ — $ 1,709,463 $ 1,632,752 $ — $ 3,342,215 Costs and expenses: Cost of services — — 1,177,258 1,141,304 — 2,318,562 Operating, administrative and other 1,046 538 387,987 322,803 — 712,374 Depreciation and amortization — — 58,695 41,691 — 100,386 Total costs and expenses 1,046 538 1,623,940 1,505,798 — 3,131,322 Gain on disposition of real estate — — 2 11,296 — 11,298 Operating (loss) income (1,046 ) (538 ) 85,525 138,250 — 222,191 Equity income from unconsolidated subsidiaries — — 74,960 424 — 75,384 Other income — 1 612 2,573 — 3,186 Interest income — 30,698 892 535 (30,698 ) 1,427 Interest expense — 34,364 22,468 9,296 (30,698 ) 35,430 Royalty and management service (income) expense — — (897 ) 897 — — Income from consolidated subsidiaries 197,811 200,401 85,909 — (484,121 ) — Income before (benefit of) provision for income taxes 196,765 196,198 226,327 131,589 (484,121 ) 266,758 (Benefit of) provision for income taxes (400 ) (1,613 ) 25,926 44,449 — 68,362 Net income 197,165 197,811 200,401 87,140 (484,121 ) 198,396 Less: Net income attributable to non-controlling interests — — — 1,231 — 1,231 Net income attributable to CBRE Group, Inc. $ 197,165 $ 197,811 $ 200,401 $ 85,909 $ (484,121 ) $ 197,165 CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Revenue $ — $ — $ 1,642,191 $ 1,565,346 $ — $ 3,207,537 Costs and expenses: Cost of services — — 1,129,785 1,124,448 — 2,254,233 Operating, administrative and other 767 (8,950 ) 365,488 323,137 — 680,442 Depreciation and amortization — — 55,933 34,335 — 90,268 Total costs and expenses 767 (8,950 ) 1,551,206 1,481,920 — 3,024,943 Operating (loss) income (767 ) 8,950 90,985 83,426 — 182,594 Equity income from unconsolidated subsidiaries — — 33,952 977 — 34,929 Other income (loss) — 1 (49 ) 3,930 — 3,882 Interest income — 33,096 654 2,412 (33,096 ) 3,066 Interest expense — 34,989 24,827 10,267 (33,096 ) 36,987 Royalty and management service (income) expense — — (16,340 ) 16,340 — — Income from consolidated subsidiaries 122,141 117,787 38,843 — (278,771 ) — Income before (benefit of) provision for income taxes 121,374 124,845 155,898 64,138 (278,771 ) 187,484 (Benefit of) provision for income taxes (294 ) 2,704 38,111 23,518 — 64,039 Net income 121,668 122,141 117,787 40,620 (278,771 ) 123,445 Less: Net income attributable to non-controlling interests — — — 1,777 — 1,777 Net income attributable to CBRE Group, Inc. $ 121,668 $ 122,141 $ 117,787 $ 38,843 $ (278,771 ) $ 121,668 CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Revenue $ — $ — $ 3,272,529 $ 3,050,890 $ — $ 6,323,419 Costs and expenses: Cost of services — — 2,247,642 2,157,999 — 4,405,641 Operating, administrative and other 762 887 703,743 613,213 — 1,318,605 Depreciation and amortization — — 115,425 78,998 — 194,423 Total costs and expenses 762 887 3,066,810 2,850,210 — 5,918,669 Gain on disposition of real estate — — 228 12,455 — 12,683 Operating (loss) income (762 ) (887 ) 205,947 213,135 — 417,433 Equity income from unconsolidated subsidiaries — — 89,330 1,072 — 90,402 Other income — 1 1,026 6,274 — 7,301 Interest income — 60,599 2,539 1,299 (60,599 ) 3,838 Interest expense — 67,510 44,616 17,913 (60,599 ) 69,440 Royalty and management service (income) expense — — (6,699 ) 6,699 — — Income from consolidated subsidiaries 327,233 332,042 127,898 — (787,173 ) — Income before (benefit of) provision for income taxes 326,471 324,245 388,823 197,168 (787,173 ) 449,534 (Benefit of) provision for income taxes (291 ) (2,988 ) 56,781 66,133 — 119,635 Net income 326,762 327,233 332,042 131,035 (787,173 ) 329,899 Less: Net income attributable to non-controlling interests — — — 3,137 — 3,137 Net income attributable to CBRE Group, Inc. $ 326,762 $ 327,233 $ 332,042 $ 127,898 $ (787,173 ) $ 326,762 CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Revenue $ — $ — $ 3,139,690 $ 2,914,581 $ — $ 6,054,271 Costs and expenses: Cost of services — — 2,154,348 2,113,498 — 4,267,846 Operating, administrative and other 2,193 (1,426 ) 708,358 614,683 — 1,323,808 Depreciation and amortization — — 110,664 66,598 — 177,262 Total costs and expenses 2,193 (1,426 ) 2,973,370 2,794,779 — 5,768,916 Gain on disposition of real estate — — 3,659 1,160 — 4,819 Operating (loss) income (2,193 ) 1,426 169,979 120,962 — 290,174 Equity income from unconsolidated subsidiaries — — 90,217 2,013 — 92,230 Other income (loss) — 1 (481 ) 7,577 — 7,097 Interest income — 65,569 1,571 2,954 (65,569 ) 4,525 Interest expense — 68,616 49,410 19,320 (65,569 ) 71,777 Royalty and management service (income) expense — — (23,768 ) 23,768 — — Income from consolidated subsidiaries 205,188 206,187 42,375 — (453,750 ) — Income before (benefit of) provision for income taxes 202,995 204,567 278,019 90,418 (453,750 ) 322,249 (Benefit of) provision for income taxes (840 ) (621 ) 71,832 43,793 — 114,164 Net income 203,835 205,188 206,187 46,625 (453,750 ) 208,085 Less: Net income attributable to non-controlling interests — — — 4,250 — 4,250 Net income attributable to CBRE Group, Inc. $ 203,835 $ 205,188 $ 206,187 $ 42,375 $ (453,750 ) $ 203,835 CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Net income $ 197,165 $ 197,811 $ 200,401 $ 87,140 $ (484,121 ) $ 198,396 Other comprehensive income: Foreign currency translation gain — — — 88,347 — 88,347 Amounts reclassified from accumulated other comprehensive loss to interest expense, net — 1,380 — — — 1,380 Unrealized losses on interest rate swaps, net — (217 ) — — — (217 ) Unrealized holding gains on available for sale securities, net — — 896 81 — 977 Other, net 3 — (13 ) — — (10 ) Total other comprehensive income 3 1,163 883 88,428 — 90,477 Comprehensive income 197,168 198,974 201,284 175,568 (484,121 ) 288,873 Less: Comprehensive income attributable to non-controlling interests — — — 1,390 — 1,390 Comprehensive income attributable to CBRE Group, Inc. $ 197,168 $ 198,974 $ 201,284 $ 174,178 $ (484,121 ) $ 287,483 CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED JUNE 30, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Net income $ 121,668 $ 122,141 $ 117,787 $ 40,620 $ (278,771 ) $ 123,445 Other comprehensive income (loss): Foreign currency translation loss — — — (102,308 ) — (102,308 ) Amounts reclassified from accumulated other comprehensive loss to interest expense, net — 1,733 — — — 1,733 Unrealized losses on interest rate swaps, net — (1,206 ) — — — (1,206 ) Unrealized holding gains (losses) on available for sale securities, net — — 1,603 (29 ) — 1,574 Other, net — — (702 ) — — (702 ) Total other comprehensive income (loss) — 527 901 (102,337 ) — (100,909 ) Comprehensive income (loss) 121,668 122,668 118,688 (61,717 ) (278,771 ) 22,536 Less: Comprehensive income attributable to non-controlling interests — — — 1,694 — 1,694 Comprehensive income (loss) attributable to CBRE Group, Inc. $ 121,668 $ 122,668 $ 118,688 $ (63,411 ) $ (278,771 ) $ 20,842 CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Net income $ 326,762 $ 327,233 $ 332,042 $ 131,035 $ (787,173 ) $ 329,899 Other comprehensive (loss) income: Foreign currency translation gain — — — 139,436 — 139,436 Amounts reclassified from accumulated other comprehensive loss to interest expense, net — 2,888 — — — 2,888 Unrealized gains on interest rate swaps, net — 77 — — — 77 Unrealized holding gains on available for sale securities, net — — 1,725 175 — 1,900 Other, net (2 ) — (14 ) — — (16 ) Total other comprehensive (loss) income (2 ) 2,965 1,711 139,611 — 144,285 Comprehensive income 326,760 330,198 333,753 270,646 (787,173 ) 474,184 Less: Comprehensive income attributable to non- controlling interests — — — 3,317 — 3,317 Comprehensive income attributable to CBRE Group, Inc. $ 326,760 $ 330,198 $ 333,753 $ 267,329 $ (787,173 ) $ 470,867 CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) FOR THE SIX MONTHS ENDED JUNE 30, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Net income $ 203,835 $ 205,188 $ 206,187 $ 46,625 $ (453,750 ) $ 208,085 Other comprehensive loss: Foreign currency translation loss — — — (85,714 ) — (85,714 ) Amounts reclassified from accumulated other comprehensive loss to interest expense, net — 3,476 — — — 3,476 Unrealized losses on interest rate swaps, net — (4,115 ) — — — (4,115 ) Unrealized holding gains on available for sale securities, net — — 514 131 — 645 Other, net — — (759 ) — — (759 ) Total other comprehensive loss — (639 ) (245 ) (85,583 ) — (86,467 ) Comprehensive income (loss) 203,835 204,549 205,942 (38,958 ) (453,750 ) 121,618 Less: Comprehensive income attributable to non-controlling interests — — — 4,289 — 4,289 Comprehensive income (loss) attributable to CBRE Group, Inc. $ 203,835 $ 204,549 $ 205,942 $ (43,247 ) $ (453,750 ) $ 117,329 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Total CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES: $ 49,435 $ 16,131 $ (235,596 ) $ (20,707 ) $ (190,737 ) CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — — (39,925 ) (19,938 ) (59,863 ) Acquisition of businesses, including net assets acquired, intangibles and goodwill, net of cash acquired — — (31,780 ) (8,672 ) (40,452 ) Contributions to unconsolidated subsidiaries — — (23,752 ) (8,908 ) (32,660 ) Distributions from unconsolidated subsidiaries — — 92,304 4,637 96,941 Decrease (increase) in restricted cash — — 1,618 (4,640 ) (3,022 ) Purchase of available for sale securities — — (19,734 ) — (19,734 ) Proceeds from the sale of available for sale securities — — 17,277 — 17,277 Other investing activities, net — — 2,486 122 2,608 Net cash used in in investing activities — — (1,506 ) (37,399 ) (38,905 ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from revolving credit facility — 911,000 — — 911,000 Repayment of revolving credit facility — (911,000 ) — — (911,000 ) Proceeds from notes payable on real estate held for sale and under development — — — 2,137 2,137 Repayment of notes payable on real estate held for sale and under development — — — (9,189 ) (9,189 ) Units repurchased for payment of taxes on equity awards (1,900 ) — — — (1,900 ) Non-controlling interest contributions — — — 1,941 1,941 Non-controlling interest distributions — — — (3,904 ) (3,904 ) (Increase) decrease in intercompany receivables, net (47,895 ) (20,114 ) 47,320 20,689 — Other financing activities, net 360 — (3,145 ) (881 ) (3,666 ) Net cash (used in) provided by financing activities (49,435 ) (20,114 ) 44,175 10,793 (14,581 ) Effect of currency exchange rate changes on cash and cash equivalents — — — 17,328 17,328 NET DECREASE IN CASH AND CASH EQUIVALENTS — (3,983 ) (192,927 ) (29,985 ) (226,895 ) CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD 7 16,889 264,121 481,559 762,576 CASH AND CASH EQUIVALENTS, AT END OF PERIOD $ 7 $ 12,906 $ 71,194 $ 451,574 $ 535,681 SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: Cash paid during the period for: Interest $ — $ 59,446 $ — $ 44 $ 59,490 Income taxes, net $ — $ — $ 82,017 $ 81,868 $ 163,885 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Total CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES: $ 57,811 $ 9,377 $ (192,950 ) $ (84,255 ) $ (210,017 ) CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — — (51,510 ) (27,548 ) (79,058 ) Acquisition of businesses (other than GWS), including net assets acquired, intangibles and goodwill, net of cash acquired — — (1,381 ) (15,188 ) (16,569 ) Acquisition of GWS, including net assets acquired, intangibles and goodwill — — (21,900 ) - (21,900 ) Contributions to unconsolidated subsidiaries — — (21,549 ) (5,882 ) (27,431 ) Distributions from unconsolidated subsidiaries — — 91,421 2,491 93,912 Decrease (increase) in restricted cash — — 3,250 (3,728 ) (478 ) Purchase of available for sale securities — — (23,984 ) — (23,984 ) Proceeds from the sale of available for sale securities — — 22,061 — 22,061 Other investing activities, net — — 6,688 7,241 13,929 Net cash provided by (used in) investing activities — — 3,096 (42,614 ) (39,518 ) CASH FLOWS FROM FINANCING ACTIVITIES: Repayment of senior term loans — (14,375 ) — — (14,375 ) Proceeds from revolving credit facility — 1,356,000 — — 1,356,000 Repayment of revolving credit facility — (1,200,000 ) — — (1,200,000 ) Proceeds from notes payable on real estate held for sale and under development — — — 13,315 13,315 Repayment of notes payable on real estate held for sale and under development — — — (4,102 ) (4,102 ) Units repurchased for payment of taxes on equity awards (5,112 ) — — — (5,112 ) Non-controlling interest contributions — — — 821 821 Non-controlling interest distributions — — — (3,517 ) (3,517 ) Payment of financing costs — (5,419 ) — (110 ) (5,529 ) (Increase) decrease in intercompany receivables, net (53,774 ) (147,900 ) 110,453 91,221 — Other financing activities, net 1,074 — (1,173 ) 4,086 3,987 Net cash (used in) provided by financing activities (57,812 ) (11,694 ) 109,280 101,714 141,488 Effect of currency exchange rate changes on cash and cash equivalents — — — (588 ) (588 ) NET DECREASE IN CASH AND CASH EQUIVALENTS (1 ) (2,317 ) (80,574 ) (25,743 ) (108,635 ) CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD 5 8,479 147,410 384,509 540,403 CASH AND CASH EQUIVALENTS, AT END OF PERIOD $ 4 $ 6,162 $ 66,836 $ 358,766 $ 431,768 SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: Cash paid during the period for: Interest $ — $ 62,083 $ — $ 1,337 $ 63,420 Income taxes, net $ — $ — $ 107,070 $ 53,283 $ 160,353

Warehouse Receivables & Wareh19

Warehouse Receivables & Warehouse Lines of Credit (Tables)	6 Months Ended
	Jun. 30, 2017
Warehouse Receivables And Warehouse Lines Of Credit [Abstract]
Schedule of Warehouse Receivables	A rollforward of our warehouse receivables is as follows (dollars in thousands): Beginning balance at January 1, 2017 $ 1,276,047 Origination of mortgage loans 6,848,102 Gains (premiums on loan sales) 21,460 Sale of mortgage loans (7,050,468 ) Cash collections of premiums on loan sales (21,460 ) Proceeds from sale of mortgage loans (7,071,928 ) Net decrease in mortgage servicing rights included in warehouse receivables (3,792 ) Ending balance at June 30, 2017 $ 1,069,889
Summary of Warehouse Lines of Credit in Place	The following table is a summary of our warehouse lines of credit in place as of June 30, 2017 and December 31, 2016 (dollars in thousands): June 30, 2017 December 31, 2016 Maximum Maximum Lender Current Maturity Pricing Facility Size Carrying Value Facility Size Carrying Value JP Morgan Chase Bank, N.A. (JP Morgan) (1) 2/28/2017 daily one-month LIBOR plus 1.45% $ - $ - $ 300,000 $ 275,945 JP Morgan 10/23/2017 daily one-month LIBOR plus 1.45% 800,000 400,178 700,000 - JP Morgan 10/23/2017 daily one-month LIBOR plus 2.75% 25,000 1,433 25,000 3,768 Bank of America (BofA) (1) 1/30/2017 daily one-month LIBOR plus 1.60% - - 300,000 300,000 BofA 6/5/2018 daily one-month LIBOR plus 1.40% 225,000 127,437 200,000 18,555 Fannie Mae Multifamily As Soon As Pooled Plus Agreement and Multifamily As Soon As Pooled Sale Agreement (ASAP) Program (1) 1/17/2017 daily one-month LIBOR plus 1.35%, with a LIBOR floor of 0.35% - - 200,000 200,000 Fannie Mae ASAP Program Cancelable anytime daily one-month LIBOR plus 1.35%, with a LIBOR floor of 0.35% 450,000 75,293 450,000 111,160 TD Bank, N.A. (TD Bank) (1) 2/28/2017 daily one-month LIBOR plus 1.35% - - 375,000 154,032 TD Bank 6/30/2018 daily one-month LIBOR plus 1.25% 400,000 320,074 400,000 - Capital One, N.A. (Capital One) (1) 1/23/2017 daily one-month LIBOR plus 1.45% - - 250,000 191,193 Capital One (2) 7/27/2017 daily one-month LIBOR plus 1.45% 200,000 130,555 200,000 - $ 2,100,000 $ 1,054,970 $ 3,400,000 $ 1,254,653 (1) Temporary facility to accommodate year-end volume. (2) On July 27, 2017, this agreement was amended to extend the maturity date to July 27, 2018 and reduce the interest rate to daily one-month LIBOR plus 1.40%.

Variable Interest Entities (V20

Variable Interest Entities (VIEs) (Tables)	6 Months Ended
	Jun. 30, 2017
Equity Method Investments And Joint Ventures [Abstract]
Schedule of Maximum Exposure to Loss	As of June 30, 2017 and December 31, 2016, our maximum exposure to loss related to the VIEs which are not consolidated was as follows (dollars in thousands): June 30, December 31, 2017 2016 Investments in unconsolidated subsidiaries $ 29,668 $ 31,041 Co-investment commitments $ 4,868 $ 168 Other current assets 3,496 3,314 Maximum exposure to loss $ 38,032 $ 34,523

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value of Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present the fair value of assets and liabilities measured at fair value on a recurring basis as of June 30, 2017 and December 31, 2016 (dollars in thousands): As of June 30, 2017 Fair Value Measured and Recorded Using Level 1 Level 2 Level 3 Total Assets Available for sale securities: Debt securities: U.S. treasury securities $ 7,273 $ — $ — $ 7,273 Debt securities issued by U.S. federal agencies — 4,768 — 4,768 Corporate debt securities — 19,191 — 19,191 Asset-backed securities — 2,546 — 2,546 Collateralized mortgage obligations — 2,038 — 2,038 Total debt securities 7,273 28,543 — 35,816 Equity securities 26,414 — — 26,414 Total available for sale securities 33,687 28,543 — 62,230 Trading securities 67,907 — — 67,907 Warehouse receivables — 1,069,889 — 1,069,889 Total assets at fair value $ 101,594 $ 1,098,432 $ — $ 1,200,026 Liabilities Interest rate swaps $ — $ 8,569 $ — $ 8,569 Securities sold, not yet purchased 2,823 — — 2,823 Foreign currency exchange forward contracts - 59 — 59 Total liabilities at fair value $ 2,823 $ 8,628 $ — $ 11,451 As of December 31, 2016 Fair Value Measured and Recorded Using Level 1 Level 2 Level 3 Total Assets Available for sale securities: Debt securities: U.S. treasury securities $ 8,485 $ — $ — $ 8,485 Debt securities issued by U.S. federal agencies — 5,046 — 5,046 Corporate debt securities — 17,094 — 17,094 Asset-backed securities — 2,695 — 2,695 Collateralized mortgage obligations — 1,010 — 1,010 Total debt securities 8,485 25,845 — 34,330 Equity securities 22,744 — — 22,744 Total available for sale securities 31,229 25,845 — 57,074 Trading securities 52,629 — — 52,629 Warehouse receivables — 1,276,047 — 1,276,047 Foreign currency exchange forward contracts — 1,471 — 1,471 Total assets at fair value $ 83,858 $ 1,303,363 $ — $ 1,387,221 Liabilities Interest rate swaps $ — $ 13,162 $ — $ 13,162 Securities sold, not yet purchased 3,591 — — 3,591 Total liabilities at fair value $ 3,591 $ 13,162 $ — $ 16,753

Investments in Unconsolidated22

Investments in Unconsolidated Subsidiaries (Tables)	6 Months Ended
	Jun. 30, 2017
Equity Method Investments And Joint Ventures [Abstract]
Schedule of Condensed Financial Information of Equity Method Investments	Combined condensed financial information for the entities actually accounted for using the equity method is as follows (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Global Investment Management Revenue $ 237,907 $ 252,301 $ 505,058 $ 484,904 Operating income $ 76,410 $ 61,755 $ 91,888 $ 62,378 Net income $ 60,307 $ 87,747 $ 64,397 $ 65,872 Development Services Revenue $ 27,477 $ 18,418 $ 49,003 $ 31,076 Operating income $ 157,296 $ 37,199 $ 177,857 $ 158,109 Net income $ 150,055 $ 31,631 $ 166,152 $ 150,092 Other Revenue $ 44,145 $ 38,263 $ 70,003 $ 66,514 Operating income $ 8,800 $ 8,106 $ 10,979 $ 14,288 Net income $ 11,510 $ 8,176 $ 13,658 $ 14,370 Total Revenue $ 309,529 $ 308,982 $ 624,064 $ 582,494 Operating income $ 242,506 $ 107,060 $ 280,724 $ 234,775 Net income $ 221,872 $ 127,554 $ 244,207 $ 230,334

Long-Term Debt and Short-Term23

Long-Term Debt and Short-Term Borrowings (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-term debt consists of the following (dollars in thousands): June 30, December 31, 2017 2016 Senior term loans, with interest ranging from 1.77% to 2.65%, due quarterly through 2022 $ 751,876 $ 751,875 5.00% senior notes due in 2023 800,000 800,000 4.875% senior notes due in 2026, net of unamortized discount 596,090 595,912 5.25% senior notes due in 2025, net of unamortized premium 426,409 426,500 Other 11 14 Total long-term debt 2,574,386 2,574,301 Less: current maturities of long-term debt (11 ) (11 ) Less: unamortized debt issuance costs (23,971 ) (26,164 ) Total long-term debt, net of current maturities $ 2,550,404 $ 2,548,126

Income Per Share Information (T

Income Per Share Information (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Computation of Basic and Diluted Income Per Share	The calculations of basic and diluted income per share attributable to CBRE Group, Inc. shareholders are as follows (dollars in thousands, except share data): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 Basic Income Per Share Net income attributable to CBRE Group, Inc. shareholders $ 197,165 $ 121,668 $ 326,762 $ 203,835 Weighted average shares outstanding for basic income per share 336,975,149 335,076,746 336,941,681 334,534,841 Basic income per share attributable to CBRE Group, Inc. shareholders $ 0.59 $ 0.36 $ 0.97 $ 0.61 Diluted Income Per Share Net income attributable to CBRE Group, Inc. shareholders $ 197,165 $ 121,668 $ 326,762 $ 203,835 Weighted average shares outstanding for basic income per share 336,975,149 335,076,746 336,941,681 334,534,841 Dilutive effect of contingently issuable shares 3,905,498 2,976,165 3,267,556 3,226,936 Dilutive effect of stock options 1,956 27,730 5,009 36,110 Weighted average shares outstanding for diluted income per share 340,882,603 338,080,641 340,214,246 337,797,887 Diluted income per share attributable to CBRE Group, Inc. shareholders $ 0.58 $ 0.36 $ 0.96 $ 0.60

Segments (Tables)

Segments (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Summarized Financial Information by Segment	Summarized financial information by segment is as follows (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 (1) 2017 2016 (1) Revenue Americas $ 1,856,887 $ 1,780,389 $ 3,549,533 $ 3,368,264 EMEA 954,734 953,918 1,798,922 1,794,265 Asia Pacific 420,628 359,602 761,773 670,961 Global Investment Management 92,763 95,737 182,329 186,117 Development Services 17,203 17,891 30,862 34,664 Total revenue $ 3,342,215 $ 3,207,537 $ 6,323,419 $ 6,054,271 Adjusted EBITDA Americas $ 230,409 $ 227,411 $ 450,809 $ 414,625 EMEA 68,577 59,854 102,441 87,665 Asia Pacific 43,200 28,235 63,481 41,103 Global Investment Management 23,910 26,426 49,769 49,341 Development Services 46,453 18,525 49,257 50,400 Total Adjusted EBITDA $ 412,549 $ 360,451 $ 715,757 $ 643,134 (1) In 2017, we changed the presentation of the operating results of one of our emerging businesses among our regional services reporting segments. Prior year amounts have been reclassified to conform with the current-year presentation. This change had no impact on our consolidated results.
Adjusted EBITDA Calculation by Segment	Adjusted EBITDA is calculated as follows (dollars in thousands): Three Months Ended Six Months Ended June 30, June 30, 2017 2016 (1) 2017 2016 (1) Net income attributable to CBRE Group, Inc. $ 197,165 $ 121,668 $ 326,762 $ 203,835 Add: Depreciation and amortization 100,386 90,268 194,423 177,262 Interest expense 35,430 36,987 69,440 71,777 Provision for income taxes 68,362 64,039 119,635 114,164 Less: Interest income 1,427 3,066 3,838 4,525 EBITDA 399,916 309,896 706,422 562,513 Adjustments: Integration and other costs related to acquisitions 15,408 27,751 27,351 44,924 Cost-elimination expenses (2) - 27,176 - 39,579 Carried interest incentive compensation reversal to align with the timing of associated revenue (2,775 ) (4,372 ) (18,016 ) (3,882 ) Adjusted EBITDA $ 412,549 $ 360,451 $ 715,757 $ 643,134 (1) In 2017, we changed the presentation of the operating results of one of our emerging businesses among our regional services reporting segments. Prior year amounts have been reclassified to conform with the current-year presentation. This change had no impact on our consolidated results. (2) Represents cost-elimination expenses relating to a program initiated in the fourth quarter of 2015 and completed in the third quarter of 2016 (our cost-elimination project) to reduce the company’s global cost structure after several years of significant revenue and related cost growth. Cost-elimination expenses incurred during the three and six months ended June 30, 2016 consisted of $25.1 million and $36.9 million, respectively, of severance costs related to headcount reductions in connection with the program and $2.1 million and $2.7 million, respectively, of third-party contract termination costs.

Guarantor and Nonguarantor Fi26

Guarantor and Nonguarantor Financial Statements (Tables)	6 Months Ended
	Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Condensed Consolidating Balance Sheet	CONDENSED CONSOLIDATING BALANCE SHEET AS OF JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ 7 $ 12,906 $ 71,194 $ 451,574 $ — $ 535,681 Restricted cash — — 5,349 69,371 — 74,720 Receivables, net — — 998,049 1,655,297 — 2,653,346 Warehouse receivables (1) — — 680,272 389,617 — 1,069,889 Income taxes receivable 292 2,988 - 54,936 (2,623 ) 55,593 Prepaid expenses — — 93,622 142,095 — 235,717 Other current assets — — 67,678 131,712 — 199,390 Total Current Assets 299 15,894 1,916,164 2,894,602 (2,623 ) 4,824,336 Property and equipment, net — — 387,213 169,267 — 556,480 Goodwill — — 1,695,584 1,400,396 — 3,095,980 Other intangible assets, net — — 768,206 630,551 — 1,398,757 Investments in unconsolidated subsidiaries — — 197,668 49,047 — 246,715 Investments in consolidated subsidiaries 4,840,206 4,682,820 2,605,729 — (12,128,755 ) — Intercompany loan receivable — 2,711,774 700,000 — (3,411,774 ) — Deferred tax assets, net — — 44,311 96,272 (44,311 ) 96,272 Other assets, net — 19,614 257,276 110,788 — 387,678 Total Assets $ 4,840,505 $ 7,430,102 $ 8,572,151 $ 5,350,923 $ (15,587,463 ) $ 10,606,218 LIABILITIES AND EQUITY Current Liabilities: Accounts payable and accrued expenses $ — $ 30,238 $ 384,961 $ 1,012,202 $ — $ 1,427,401 Compensation and employee benefits payable — 626 328,874 344,010 — 673,510 Accrued bonus and profit sharing — — 286,198 257,784 — 543,982 Income taxes payable — — 3,168 41,251 (2,623 ) 41,796 Short-term borrowings: — Warehouse lines of credit (which fund loans that U.S. Government Sponsored Entities have committed to purchase) (1) — — 673,672 381,298 — 1,054,970 Other — — 16 — — 16 Total short-term borrowings — - 673,688 381,298 — 1,054,986 Current maturities of long-term debt — — — 11 — 11 Other current liabilities — 918 44,858 10,088 — 55,864 Total Current Liabilities — 31,782 1,721,747 2,046,644 (2,623 ) 3,797,550 Long-Term Debt, net: Long-term debt, net — 2,550,404 — - — 2,550,404 Intercompany loan payable 1,300,812 — 1,857,194 253,768 (3,411,774 ) — Total Long-Term Debt, net 1,300,812 2,550,404 1,857,194 253,768 (3,411,774 ) 2,550,404 Deferred tax liabilities, net — — — 141,091 (44,311 ) 96,780 Non-current tax liabilities — — 30,676 1,751 — 32,427 Other liabilities — 7,710 279,714 258,607 — 546,031 Total Liabilities 1,300,812 2,589,896 3,889,331 2,701,861 (3,458,708 ) 7,023,192 Commitments and contingencies — — — — — — Equity: CBRE Group, Inc. Stockholders’ Equity 3,539,693 4,840,206 4,682,820 2,605,729 (12,128,755 ) 3,539,693 Non-controlling interests — — — 43,333 — 43,333 Total Equity 3,539,693 4,840,206 4,682,820 2,649,062 (12,128,755 ) 3,583,026 Total Liabilities and Equity $ 4,840,505 $ 7,430,102 $ 8,572,151 $ 5,350,923 $ (15,587,463 ) $ 10,606,218 (1) Although CBRE Capital Markets is included among our domestic subsidiaries that jointly and severally guarantee our 5.00% senior notes, 4.875% senior notes, 5.25% senior notes and our 2015 Credit Agreement, a substantial majority of warehouse receivables funded under JP Morgan, TD Bank, Capital One, BofA and Fannie Mae ASAP, lines of credit are pledged to JP Morgan, TD Bank, Capital One, BofA and Fannie Mae. CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total ASSETS Current Assets: Cash and cash equivalents $ 7 $ 16,889 $ 264,121 $ 481,559 $ — $ 762,576 Restricted cash — — 6,967 61,869 — 68,836 Receivables, net — — 943,028 1,662,574 — 2,605,602 Warehouse receivables (1) — — 687,454 588,593 — 1,276,047 Income taxes receivable 1,915 17,364 8,170 37,456 (19,279 ) 45,626 Prepaid expenses — — 78,296 105,811 — 184,107 Other current assets — 1,421 64,576 113,659 — 179,656 Total Current Assets 1,922 35,674 2,052,612 3,051,521 (19,279 ) 5,122,450 Property and equipment, net — — 395,749 165,007 — 560,756 Goodwill — — 1,669,683 1,311,709 — 2,981,392 Other intangible assets, net — — 793,525 617,514 — 1,411,039 Investments in unconsolidated subsidiaries — — 189,455 42,783 — 232,238 Investments in consolidated subsidiaries 4,226,629 4,076,265 2,314,549 — (10,617,443 ) — Intercompany loan receivable — 2,684,421 700,000 — (3,384,421 ) — Deferred tax assets, net — — 72,325 90,334 (57,335 ) 105,324 Other assets, net — 22,229 240,707 103,452 — 366,388 Total Assets $ 4,228,551 $ 6,818,589 $ 8,428,605 $ 5,382,320 $ (14,078,478 ) $ 10,779,587 LIABILITIES AND EQUITY Current Liabilities: Accounts payable and accrued expenses $ — $ 30,049 $ 409,470 $ 1,006,919 $ — $ 1,446,438 Compensation and employee benefits payable — 626 402,719 369,577 — 772,922 Accrued bonus and profit sharing — — 506,715 383,606 — 890,321 Income taxes payable — — 40,946 36,684 (19,279 ) 58,351 Short-term borrowings: — Warehouse lines of credit (which fund loans that U.S. Government Sponsored Entities have committed to purchase) (1) — — 680,473 574,180 — 1,254,653 Other — — 16 — — 16 Total short-term borrowings — — 680,489 574,180 — 1,254,669 Current maturities of long-term debt — — — 11 — 11 Other current liabilities — — 81,590 21,127 — 102,717 Total Current Liabilities — 30,675 2,121,929 2,392,104 (19,279 ) 4,525,429 Long-Term Debt, net: Long-term debt, net — 2,548,123 — 3 — 2,548,126 Intercompany loan payable 1,214,064 — 1,916,675 253,682 (3,384,421 ) — Total Long-Term Debt, net 1,214,064 2,548,123 1,916,675 253,685 (3,384,421 ) 2,548,126 Deferred tax liabilities, net — — — 128,054 (57,335 ) 70,719 Non-current tax liabilities — — 53,422 620 — 54,042 Other liabilities — 13,162 260,314 250,550 — 524,026 Total Liabilities 1,214,064 2,591,960 4,352,340 3,025,013 (3,461,035 ) 7,722,342 Commitments and contingencies — — — — — — Equity: CBRE Group, Inc. Stockholders’ Equity 3,014,487 4,226,629 4,076,265 2,314,549 (10,617,443 ) 3,014,487 Non-controlling interests — — — 42,758 — 42,758 Total Equity 3,014,487 4,226,629 4,076,265 2,357,307 (10,617,443 ) 3,057,245 Total Liabilities and Equity $ 4,228,551 $ 6,818,589 $ 8,428,605 $ 5,382,320 $ (14,078,478 ) $ 10,779,587 (1) Although CBRE Capital Markets is included among our domestic subsidiaries that jointly and severally guarantee our 5.00% senior notes, 4.875% senior notes, 5.25% senior notes and our 2015 Credit Agreement, a substantial majority of warehouse receivables funded under BofA, Fannie Mae ASAP, JP Morgan, Capital One and TD Bank lines of credit are pledged to BofA, Fannie Mae, JP Morgan, Capital One and TD Bank.
Condensed Consolidating Statement of Operations	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Revenue $ — $ — $ 1,709,463 $ 1,632,752 $ — $ 3,342,215 Costs and expenses: Cost of services — — 1,177,258 1,141,304 — 2,318,562 Operating, administrative and other 1,046 538 387,987 322,803 — 712,374 Depreciation and amortization — — 58,695 41,691 — 100,386 Total costs and expenses 1,046 538 1,623,940 1,505,798 — 3,131,322 Gain on disposition of real estate — — 2 11,296 — 11,298 Operating (loss) income (1,046 ) (538 ) 85,525 138,250 — 222,191 Equity income from unconsolidated subsidiaries — — 74,960 424 — 75,384 Other income — 1 612 2,573 — 3,186 Interest income — 30,698 892 535 (30,698 ) 1,427 Interest expense — 34,364 22,468 9,296 (30,698 ) 35,430 Royalty and management service (income) expense — — (897 ) 897 — — Income from consolidated subsidiaries 197,811 200,401 85,909 — (484,121 ) — Income before (benefit of) provision for income taxes 196,765 196,198 226,327 131,589 (484,121 ) 266,758 (Benefit of) provision for income taxes (400 ) (1,613 ) 25,926 44,449 — 68,362 Net income 197,165 197,811 200,401 87,140 (484,121 ) 198,396 Less: Net income attributable to non-controlling interests — — — 1,231 — 1,231 Net income attributable to CBRE Group, Inc. $ 197,165 $ 197,811 $ 200,401 $ 85,909 $ (484,121 ) $ 197,165 CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE THREE MONTHS ENDED JUNE 30, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Revenue $ — $ — $ 1,642,191 $ 1,565,346 $ — $ 3,207,537 Costs and expenses: Cost of services — — 1,129,785 1,124,448 — 2,254,233 Operating, administrative and other 767 (8,950 ) 365,488 323,137 — 680,442 Depreciation and amortization — — 55,933 34,335 — 90,268 Total costs and expenses 767 (8,950 ) 1,551,206 1,481,920 — 3,024,943 Operating (loss) income (767 ) 8,950 90,985 83,426 — 182,594 Equity income from unconsolidated subsidiaries — — 33,952 977 — 34,929 Other income (loss) — 1 (49 ) 3,930 — 3,882 Interest income — 33,096 654 2,412 (33,096 ) 3,066 Interest expense — 34,989 24,827 10,267 (33,096 ) 36,987 Royalty and management service (income) expense — — (16,340 ) 16,340 — — Income from consolidated subsidiaries 122,141 117,787 38,843 — (278,771 ) — Income before (benefit of) provision for income taxes 121,374 124,845 155,898 64,138 (278,771 ) 187,484 (Benefit of) provision for income taxes (294 ) 2,704 38,111 23,518 — 64,039 Net income 121,668 122,141 117,787 40,620 (278,771 ) 123,445 Less: Net income attributable to non-controlling interests — — — 1,777 — 1,777 Net income attributable to CBRE Group, Inc. $ 121,668 $ 122,141 $ 117,787 $ 38,843 $ (278,771 ) $ 121,668 CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Revenue $ — $ — $ 3,272,529 $ 3,050,890 $ — $ 6,323,419 Costs and expenses: Cost of services — — 2,247,642 2,157,999 — 4,405,641 Operating, administrative and other 762 887 703,743 613,213 — 1,318,605 Depreciation and amortization — — 115,425 78,998 — 194,423 Total costs and expenses 762 887 3,066,810 2,850,210 — 5,918,669 Gain on disposition of real estate — — 228 12,455 — 12,683 Operating (loss) income (762 ) (887 ) 205,947 213,135 — 417,433 Equity income from unconsolidated subsidiaries — — 89,330 1,072 — 90,402 Other income — 1 1,026 6,274 — 7,301 Interest income — 60,599 2,539 1,299 (60,599 ) 3,838 Interest expense — 67,510 44,616 17,913 (60,599 ) 69,440 Royalty and management service (income) expense — — (6,699 ) 6,699 — — Income from consolidated subsidiaries 327,233 332,042 127,898 — (787,173 ) — Income before (benefit of) provision for income taxes 326,471 324,245 388,823 197,168 (787,173 ) 449,534 (Benefit of) provision for income taxes (291 ) (2,988 ) 56,781 66,133 — 119,635 Net income 326,762 327,233 332,042 131,035 (787,173 ) 329,899 Less: Net income attributable to non-controlling interests — — — 3,137 — 3,137 Net income attributable to CBRE Group, Inc. $ 326,762 $ 327,233 $ 332,042 $ 127,898 $ (787,173 ) $ 326,762 CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Revenue $ — $ — $ 3,139,690 $ 2,914,581 $ — $ 6,054,271 Costs and expenses: Cost of services — — 2,154,348 2,113,498 — 4,267,846 Operating, administrative and other 2,193 (1,426 ) 708,358 614,683 — 1,323,808 Depreciation and amortization — — 110,664 66,598 — 177,262 Total costs and expenses 2,193 (1,426 ) 2,973,370 2,794,779 — 5,768,916 Gain on disposition of real estate — — 3,659 1,160 — 4,819 Operating (loss) income (2,193 ) 1,426 169,979 120,962 — 290,174 Equity income from unconsolidated subsidiaries — — 90,217 2,013 — 92,230 Other income (loss) — 1 (481 ) 7,577 — 7,097 Interest income — 65,569 1,571 2,954 (65,569 ) 4,525 Interest expense — 68,616 49,410 19,320 (65,569 ) 71,777 Royalty and management service (income) expense — — (23,768 ) 23,768 — — Income from consolidated subsidiaries 205,188 206,187 42,375 — (453,750 ) — Income before (benefit of) provision for income taxes 202,995 204,567 278,019 90,418 (453,750 ) 322,249 (Benefit of) provision for income taxes (840 ) (621 ) 71,832 43,793 — 114,164 Net income 203,835 205,188 206,187 46,625 (453,750 ) 208,085 Less: Net income attributable to non-controlling interests — — — 4,250 — 4,250 Net income attributable to CBRE Group, Inc. $ 203,835 $ 205,188 $ 206,187 $ 42,375 $ (453,750 ) $ 203,835
Condensed Consolidating Statement of Comprehensive Income (Loss)	CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Net income $ 197,165 $ 197,811 $ 200,401 $ 87,140 $ (484,121 ) $ 198,396 Other comprehensive income: Foreign currency translation gain — — — 88,347 — 88,347 Amounts reclassified from accumulated other comprehensive loss to interest expense, net — 1,380 — — — 1,380 Unrealized losses on interest rate swaps, net — (217 ) — — — (217 ) Unrealized holding gains on available for sale securities, net — — 896 81 — 977 Other, net 3 — (13 ) — — (10 ) Total other comprehensive income 3 1,163 883 88,428 — 90,477 Comprehensive income 197,168 198,974 201,284 175,568 (484,121 ) 288,873 Less: Comprehensive income attributable to non-controlling interests — — — 1,390 — 1,390 Comprehensive income attributable to CBRE Group, Inc. $ 197,168 $ 198,974 $ 201,284 $ 174,178 $ (484,121 ) $ 287,483 CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) FOR THE THREE MONTHS ENDED JUNE 30, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Net income $ 121,668 $ 122,141 $ 117,787 $ 40,620 $ (278,771 ) $ 123,445 Other comprehensive income (loss): Foreign currency translation loss — — — (102,308 ) — (102,308 ) Amounts reclassified from accumulated other comprehensive loss to interest expense, net — 1,733 — — — 1,733 Unrealized losses on interest rate swaps, net — (1,206 ) — — — (1,206 ) Unrealized holding gains (losses) on available for sale securities, net — — 1,603 (29 ) — 1,574 Other, net — — (702 ) — — (702 ) Total other comprehensive income (loss) — 527 901 (102,337 ) — (100,909 ) Comprehensive income (loss) 121,668 122,668 118,688 (61,717 ) (278,771 ) 22,536 Less: Comprehensive income attributable to non-controlling interests — — — 1,694 — 1,694 Comprehensive income (loss) attributable to CBRE Group, Inc. $ 121,668 $ 122,668 $ 118,688 $ (63,411 ) $ (278,771 ) $ 20,842 CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Net income $ 326,762 $ 327,233 $ 332,042 $ 131,035 $ (787,173 ) $ 329,899 Other comprehensive (loss) income: Foreign currency translation gain — — — 139,436 — 139,436 Amounts reclassified from accumulated other comprehensive loss to interest expense, net — 2,888 — — — 2,888 Unrealized gains on interest rate swaps, net — 77 — — — 77 Unrealized holding gains on available for sale securities, net — — 1,725 175 — 1,900 Other, net (2 ) — (14 ) — — (16 ) Total other comprehensive (loss) income (2 ) 2,965 1,711 139,611 — 144,285 Comprehensive income 326,760 330,198 333,753 270,646 (787,173 ) 474,184 Less: Comprehensive income attributable to non- controlling interests — — — 3,317 — 3,317 Comprehensive income attributable to CBRE Group, Inc. $ 326,760 $ 330,198 $ 333,753 $ 267,329 $ (787,173 ) $ 470,867 CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) FOR THE SIX MONTHS ENDED JUNE 30, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Eliminations Total Net income $ 203,835 $ 205,188 $ 206,187 $ 46,625 $ (453,750 ) $ 208,085 Other comprehensive loss: Foreign currency translation loss — — — (85,714 ) — (85,714 ) Amounts reclassified from accumulated other comprehensive loss to interest expense, net — 3,476 — — — 3,476 Unrealized losses on interest rate swaps, net — (4,115 ) — — — (4,115 ) Unrealized holding gains on available for sale securities, net — — 514 131 — 645 Other, net — — (759 ) — — (759 ) Total other comprehensive loss — (639 ) (245 ) (85,583 ) — (86,467 ) Comprehensive income (loss) 203,835 204,549 205,942 (38,958 ) (453,750 ) 121,618 Less: Comprehensive income attributable to non-controlling interests — — — 4,289 — 4,289 Comprehensive income (loss) attributable to CBRE Group, Inc. $ 203,835 $ 204,549 $ 205,942 $ (43,247 ) $ (453,750 ) $ 117,329
Condensed Consolidating Statement of Cash Flows	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2017 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Total CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES: $ 49,435 $ 16,131 $ (235,596 ) $ (20,707 ) $ (190,737 ) CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — — (39,925 ) (19,938 ) (59,863 ) Acquisition of businesses, including net assets acquired, intangibles and goodwill, net of cash acquired — — (31,780 ) (8,672 ) (40,452 ) Contributions to unconsolidated subsidiaries — — (23,752 ) (8,908 ) (32,660 ) Distributions from unconsolidated subsidiaries — — 92,304 4,637 96,941 Decrease (increase) in restricted cash — — 1,618 (4,640 ) (3,022 ) Purchase of available for sale securities — — (19,734 ) — (19,734 ) Proceeds from the sale of available for sale securities — — 17,277 — 17,277 Other investing activities, net — — 2,486 122 2,608 Net cash used in in investing activities — — (1,506 ) (37,399 ) (38,905 ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from revolving credit facility — 911,000 — — 911,000 Repayment of revolving credit facility — (911,000 ) — — (911,000 ) Proceeds from notes payable on real estate held for sale and under development — — — 2,137 2,137 Repayment of notes payable on real estate held for sale and under development — — — (9,189 ) (9,189 ) Units repurchased for payment of taxes on equity awards (1,900 ) — — — (1,900 ) Non-controlling interest contributions — — — 1,941 1,941 Non-controlling interest distributions — — — (3,904 ) (3,904 ) (Increase) decrease in intercompany receivables, net (47,895 ) (20,114 ) 47,320 20,689 — Other financing activities, net 360 — (3,145 ) (881 ) (3,666 ) Net cash (used in) provided by financing activities (49,435 ) (20,114 ) 44,175 10,793 (14,581 ) Effect of currency exchange rate changes on cash and cash equivalents — — — 17,328 17,328 NET DECREASE IN CASH AND CASH EQUIVALENTS — (3,983 ) (192,927 ) (29,985 ) (226,895 ) CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD 7 16,889 264,121 481,559 762,576 CASH AND CASH EQUIVALENTS, AT END OF PERIOD $ 7 $ 12,906 $ 71,194 $ 451,574 $ 535,681 SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: Cash paid during the period for: Interest $ — $ 59,446 $ — $ 44 $ 59,490 Income taxes, net $ — $ — $ 82,017 $ 81,868 $ 163,885 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2016 (Dollars in thousands) CBRE Guarantor Nonguarantor Consolidated Parent Services Subsidiaries Subsidiaries Total CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES: $ 57,811 $ 9,377 $ (192,950 ) $ (84,255 ) $ (210,017 ) CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — — (51,510 ) (27,548 ) (79,058 ) Acquisition of businesses (other than GWS), including net assets acquired, intangibles and goodwill, net of cash acquired — — (1,381 ) (15,188 ) (16,569 ) Acquisition of GWS, including net assets acquired, intangibles and goodwill — — (21,900 ) - (21,900 ) Contributions to unconsolidated subsidiaries — — (21,549 ) (5,882 ) (27,431 ) Distributions from unconsolidated subsidiaries — — 91,421 2,491 93,912 Decrease (increase) in restricted cash — — 3,250 (3,728 ) (478 ) Purchase of available for sale securities — — (23,984 ) — (23,984 ) Proceeds from the sale of available for sale securities — — 22,061 — 22,061 Other investing activities, net — — 6,688 7,241 13,929 Net cash provided by (used in) investing activities — — 3,096 (42,614 ) (39,518 ) CASH FLOWS FROM FINANCING ACTIVITIES: Repayment of senior term loans — (14,375 ) — — (14,375 ) Proceeds from revolving credit facility — 1,356,000 — — 1,356,000 Repayment of revolving credit facility — (1,200,000 ) — — (1,200,000 ) Proceeds from notes payable on real estate held for sale and under development — — — 13,315 13,315 Repayment of notes payable on real estate held for sale and under development — — — (4,102 ) (4,102 ) Units repurchased for payment of taxes on equity awards (5,112 ) — — — (5,112 ) Non-controlling interest contributions — — — 821 821 Non-controlling interest distributions — — — (3,517 ) (3,517 ) Payment of financing costs — (5,419 ) — (110 ) (5,529 ) (Increase) decrease in intercompany receivables, net (53,774 ) (147,900 ) 110,453 91,221 — Other financing activities, net 1,074 — (1,173 ) 4,086 3,987 Net cash (used in) provided by financing activities (57,812 ) (11,694 ) 109,280 101,714 141,488 Effect of currency exchange rate changes on cash and cash equivalents — — — (588 ) (588 ) NET DECREASE IN CASH AND CASH EQUIVALENTS (1 ) (2,317 ) (80,574 ) (25,743 ) (108,635 ) CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD 5 8,479 147,410 384,509 540,403 CASH AND CASH EQUIVALENTS, AT END OF PERIOD $ 4 $ 6,162 $ 66,836 $ 358,766 $ 431,768 SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: Cash paid during the period for: Interest $ — $ 62,083 $ — $ 1,337 $ 63,420 Income taxes, net $ — $ — $ 107,070 $ 53,283 $ 160,353

Warehouse Receivables & Wareh27

Warehouse Receivables & Warehouse Lines of Credit - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2017USD ($)
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Period of repayment for warehouse lines of credit	1 month
Warehouse Agreement Borrowings [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Lines of credit principal outstanding	$ 1,700,000,000

Warehouse Receivables & Wareh28

Warehouse Receivables & Warehouse Lines of Credit - Schedule of Warehouse Receivables (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Warehouse Receivables And Warehouse Lines Of Credit [Abstract]
Beginning balance at January 1, 2017	$ 1,276,047
Origination of mortgage loans	6,848,102	$ 5,821,981
Gains (premiums on loan sales)	21,460
Sale of mortgage loans	(7,050,468)
Cash collections of premiums on loan sales	(21,460)
Proceeds from sale of mortgage loans	(7,071,928)	$ (6,748,833)
Net decrease in mortgage servicing rights included in warehouse receivables	(3,792)
Ending balance at June 30, 2017	$ 1,069,889

Warehouse Receivables & Wareh29

Warehouse Receivables & Warehouse Lines of Credit - Summary of Warehouse Lines of Credit in Place (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Carrying Value	$ 1,054,970,000	$ 1,254,653,000
Warehouse Agreement Borrowings [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Maximum Facility Size	2,100,000,000	3,400,000,000
Carrying Value	$ 1,054,970,000	$ 1,254,653,000
Warehouse Agreement Borrowings [Member] | JP Morgan [Member] | Pricing at daily one-month LIBOR plus 1.45%, maturing February 28, 2017 [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Current Maturity		Feb. 28, 2017
Maximum Facility Size		$ 300,000,000
Carrying Value		$ 275,945,000
Line of credit over LIBOR rate	1.45%	1.45%
Warehouse Agreement Borrowings [Member] | JP Morgan [Member] | Pricing at daily one-month LIBOR plus 1.45%, maturing October 23, 2017 [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Current Maturity	Oct. 23, 2017	Oct. 23, 2017
Maximum Facility Size	$ 800,000,000	$ 700,000,000
Carrying Value	$ 400,178,000
Line of credit over LIBOR rate	1.45%	1.45%
Warehouse Agreement Borrowings [Member] | JP Morgan [Member] | Pricing at daily one-month LIBOR plus 2.75%, maturing October 23, 2017 [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Current Maturity	Oct. 23, 2017	Oct. 23, 2017
Maximum Facility Size	$ 25,000,000	$ 25,000,000
Carrying Value	$ 1,433,000	$ 3,768,000
Line of credit over LIBOR rate	2.75%	2.75%
Warehouse Agreement Borrowings [Member] | Bank of America (BofA) [Member] | Pricing at daily one-month LIBOR plus 1.60%, maturing January 30, 2017 [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Current Maturity		Jan. 30, 2017
Maximum Facility Size		$ 300,000,000
Carrying Value		$ 300,000,000
Line of credit over LIBOR rate	1.60%	1.60%
Warehouse Agreement Borrowings [Member] | Bank of America (BofA) [Member] | Pricing at daily one-month LIBOR plus 1.60%, maturing May 25, 2017 [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Current Maturity	Jun. 5, 2018
Maximum Facility Size	$ 225,000,000	$ 200,000,000
Carrying Value	$ 127,437,000	$ 18,555,000
Line of credit over LIBOR rate	1.40%	1.40%
Warehouse Agreement Borrowings [Member] | Fannie Mae ASAP Program [Member] | Pricing at daily one-month LIBOR plus 1.35%, with a LIBOR floor of 0.35%, maturing January 17, 2017 [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Current Maturity		Jan. 17, 2017
Maximum Facility Size		$ 200,000,000
Carrying Value		$ 200,000,000
Line of credit over LIBOR rate	1.35%	1.35%
Line of credit, LIBOR floor rate	0.35%	0.35%
Warehouse Agreement Borrowings [Member] | Fannie Mae ASAP Program [Member] | Pricing at daily one-month LIBOR plus 1.35%, with a LIBOR floor of 0.35%, Cancelable anytime [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Maximum Facility Size	$ 450,000,000	$ 450,000,000
Carrying Value	$ 75,293,000	$ 111,160,000
Current Maturity	Cancelable anytime
Line of credit over LIBOR rate	1.35%	1.35%
Line of credit, LIBOR floor rate	0.35%	0.35%
Warehouse Agreement Borrowings [Member] | TD Bank [Member] | Pricing at daily one-month LIBOR plus 1.35%, maturing February 28, 2017 [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Current Maturity		Feb. 28, 2017
Maximum Facility Size		$ 375,000,000
Carrying Value		$ 154,032,000
Line of credit over LIBOR rate	1.35%	1.35%
Warehouse Agreement Borrowings [Member] | TD Bank [Member] | Pricing at daily one-month LIBOR plus 1.35%, maturing June 30, 2017 [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Current Maturity	Jun. 30, 2018
Maximum Facility Size	$ 400,000,000	$ 400,000,000
Carrying Value	$ 320,074,000
Line of credit over LIBOR rate	1.25%	1.25%
Warehouse Agreement Borrowings [Member] | Capital One [Member] | Pricing at daily one-month LIBOR plus 1.45%, maturing January 23, 2017 [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Current Maturity		Jan. 23, 2017
Maximum Facility Size		$ 250,000,000
Carrying Value		$ 191,193,000
Line of credit over LIBOR rate	1.45%	1.45%
Warehouse Agreement Borrowings [Member] | Capital One [Member] | Pricing at daily one-month LIBOR plus 1.45%, maturing July 27, 2017 [Member]
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Current Maturity	Jul. 27, 2017	Jul. 27, 2017
Maximum Facility Size	$ 200,000,000	$ 200,000,000
Carrying Value	$ 130,555,000
Line of credit over LIBOR rate	1.45%	1.45%

Warehouse Receivables & Wareh30

Warehouse Receivables & Warehouse Lines of Credit - Summary of Warehouse Lines of Credit in Place (Parenthetical) (Detail) - Warehouse Agreement Borrowings [Member] - Subsequent Event [Member] - Capital One [Member] - Pricing at daily one-month LIBOR plus 1.40%, maturing July 27, 2018 [Member	Jul. 27, 2017
Warehouse Receivables And Warehouse Lines Of Credit [Line Items]
Current Maturity	Jul. 27, 2018
Line of credit over LIBOR rate	1.40%

Variable Interest Entities (V31

Variable Interest Entities (VIEs) - Schedule of Maximum Exposure to Loss (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Variable Interest Entity [Line Items]
Investments in unconsolidated subsidiaries	$ 246,715	$ 232,238
Co-investment commitments	23,300
Other current assets	199,390	179,656
Non-Consolidated Variable Interest Entities [Member]
Variable Interest Entity [Line Items]
Investments in unconsolidated subsidiaries	29,668	31,041
Co-investment commitments	4,868	168
Other current assets	3,496	3,314
Maximum exposure to loss	$ 38,032	$ 34,523

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value measurements assets, significant transfers from level 1 to level 2	$ 0		$ 0
Fair value measurements assets, significant transfers from level 2 to level 1	0		0
Fair value measurements liabilities, significant transfers from level 1 to level 2	0		0
Fair value measurements liabilities, significant transfers from level 2 to level 1	0		0
Assets, fair value disclosure, nonrecurring	0		0
Liabilities, fair value disclosure, nonrecurring	0		$ 0
5.00% Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Estimated fair value of senior loans	$ 840,400,000	$ 827,600,000
Interest rate of long-term debt	5.00%	5.00%
Senior notes	$ 791,100,000	$ 790,400,000
4.875% Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Estimated fair value of senior loans	$ 642,200,000	$ 607,000,000
Interest rate of long-term debt	4.875%	4.875%
Senior notes	$ 591,600,000	$ 591,200,000
5.25% Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Estimated fair value of senior loans	$ 465,200,000	$ 439,300,000
Interest rate of long-term debt	5.25%	5.25%
Senior notes	$ 422,300,000	$ 422,200,000
Senior term loans [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Estimated fair value of senior loans	750,400,000	751,400,000
Senior term loans	$ 745,500,000	$ 744,300,000
Senior Notes [Member] | 5.00% Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate of long-term debt	5.00%	5.00%
Senior Notes [Member] | 4.875% Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate of long-term debt	4.875%	4.875%
Senior Notes [Member] | 5.25% Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest rate of long-term debt	5.25%	5.25%

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warehouse receivables	$ 1,069,889	$ 1,276,047
Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	62,230	57,074
Trading securities	67,907	52,629
Warehouse receivables	1,069,889	1,276,047
Foreign currency exchange forward contracts		1,471
Total assets at fair value	1,200,026	1,387,221
Interest rate swaps	8,569	13,162
Securities sold, not yet purchased	2,823	3,591
Foreign currency exchange forward contracts	59
Total liabilities at fair value	11,451	16,753
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	33,687	31,229
Trading securities	67,907	52,629
Total assets at fair value	101,594	83,858
Securities sold, not yet purchased	2,823	3,591
Total liabilities at fair value	2,823	3,591
Recurring [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	28,543	25,845
Warehouse receivables	1,069,889	1,276,047
Foreign currency exchange forward contracts		1,471
Total assets at fair value	1,098,432	1,303,363
Interest rate swaps	8,569	13,162
Foreign currency exchange forward contracts	59
Total liabilities at fair value	8,628	13,162
Recurring [Member] | U.S. treasury securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	7,273	8,485
Recurring [Member] | U.S. treasury securities [Member] | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	7,273	8,485
Recurring [Member] | Debt securities issued by U.S. federal agencies [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	4,768	5,046
Recurring [Member] | Debt securities issued by U.S. federal agencies [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	4,768	5,046
Recurring [Member] | Corporate debt securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	19,191	17,094
Recurring [Member] | Corporate debt securities [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	19,191	17,094
Recurring [Member] | Asset-backed securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	2,546	2,695
Recurring [Member] | Asset-backed securities [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	2,546	2,695
Recurring [Member] | Collateralized mortgage obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	2,038	1,010
Recurring [Member] | Collateralized mortgage obligations [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	2,038	1,010
Recurring [Member] | Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	35,816	34,330
Recurring [Member] | Debt Securities [Member] | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	7,273	8,485
Recurring [Member] | Debt Securities [Member] | Significant Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	28,543	25,845
Recurring [Member] | Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	26,414	22,744
Recurring [Member] | Equity Securities [Member] | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available for sale securities	$ 26,414	$ 22,744

Investments In Unconsolidated34

Investments In Unconsolidated Subsidiaries - Additional information (Detail) - Maximum [Member]	Jun. 30, 2017
Global Investment Management [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method investments in unconsolidated subsidiaries, variations in ownership percentage	5.00%
Development Services [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method investments in unconsolidated subsidiaries, variations in ownership percentage	10.00%
Other [Member]
Schedule Of Equity Method Investments [Line Items]
Equity method investments in unconsolidated subsidiaries, variations in ownership percentage	50.00%

Investments in Unconsolidated35

Investments in Unconsolidated Subsidiaries - Schedule of Condensed Financial Information of Equity Method Investments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Schedule Of Equity Method Investments [Line Items]
Revenue	$ 309,529	$ 308,982	$ 624,064	$ 582,494
Operating income	242,506	107,060	280,724	234,775
Net income	221,872	127,554	244,207	230,334
Global Investment Management [Member]
Schedule Of Equity Method Investments [Line Items]
Revenue	237,907	252,301	505,058	484,904
Operating income	76,410	61,755	91,888	62,378
Net income	60,307	87,747	64,397	65,872
Development Services [Member]
Schedule Of Equity Method Investments [Line Items]
Revenue	27,477	18,418	49,003	31,076
Operating income	157,296	37,199	177,857	158,109
Net income	150,055	31,631	166,152	150,092
Other [Member]
Schedule Of Equity Method Investments [Line Items]
Revenue	44,145	38,263	70,003	66,514
Operating income	8,800	8,106	10,979	14,288
Net income	$ 11,510	$ 8,176	$ 13,658	$ 14,370

Long-Term Debt and Short-Term36

Long-Term Debt and Short-Term Borrowings - Schedule of Long-Term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Total long-term debt	$ 2,574,386	$ 2,574,301
Less: current maturities of long-term debt	(11)	(11)
Less: unamortized debt issuance costs	(23,971)	(26,164)
Total long-term debt, net of current maturities	2,550,404	2,548,126
Senior secured term loans [Member]
Debt Instrument [Line Items]
Total long-term debt	751,876	751,875
Other Long Term Debt [Member]
Debt Instrument [Line Items]
Total long-term debt	11	14
5.00% Senior Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Total long-term debt	800,000	800,000
4.875% Senior Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Total long-term debt	596,090	595,912
5.25% Senior Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 426,409	$ 426,500

Long-Term Debt and Short-Term37

Long-Term Debt and Short-Term Borrowings - Schedule of Long-Term Debt (Parenthetical) (Detail)	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Senior secured term loans [Member]
Debt Instrument [Line Items]
Maturity date of debt, end	Dec. 31, 2022	Dec. 31, 2022
5.00% Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt	5.00%	5.00%
5.00% Senior Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt	5.00%	5.00%
Due date of long-term debt	2,023	2,023
4.875% Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt	4.875%	4.875%
4.875% Senior Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt	4.875%	4.875%
Due date of long-term debt	2,026	2,026
5.25% Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt	5.25%	5.25%
5.25% Senior Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt	5.25%	5.25%
Due date of long-term debt	2,025	2,025
Minimum [Member] | Senior secured term loans [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt	1.77%	1.77%
Maximum [Member] | Senior secured term loans [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt	2.65%	2.65%

Long-Term Debt and Short-Term38

Long-Term Debt and Short-Term Borrowings - Long-Term Debt - Additional Information (Detail) - USD ($)	Mar. 31, 2016	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Minimum coverage ratio of EBITDA to total interest expense expressed in percentage		200.00%
Maximum leverage ratio of total debt less available cash to EBITDA expressed in percentage		425.00%
Coverage ratio of EBITDA to total interest expense expressed in percentage		1370.00%
Leverage ratio of total debt less available cash to EBITDA expressed in percentage		124.00%
2015 Credit Agreement [Member]
Debt Instrument [Line Items]
Amounts available to borrow under Credit Agreement		$ 2,800,000,000
Revolving credit facility maturity date		Mar. 21, 2021
5.00% Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt		5.00%	5.00%
5.00% Senior Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt		5.00%	5.00%
4.875% Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt		4.875%	4.875%
4.875% Senior Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt		4.875%	4.875%
5.25% Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt		5.25%	5.25%
5.25% Senior Notes [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Interest rate of long-term debt		5.25%	5.25%
Revolving credit facility [Member] | 2015 Credit Agreement [Member]
Debt Instrument [Line Items]
Revolving credit facility increase in borrowing capacity	$ 200,000,000
Tranche A term loan facility [Member] | 2015 Credit Agreement [Member]
Debt Instrument [Line Items]
Amounts available to borrow under Credit Agreement		$ 500,000,000
Revolving credit facility maturity date		Jan. 9, 2020
Tranche B-1 term loan facility [Member] | 2015 Credit Agreement [Member]
Debt Instrument [Line Items]
Amounts available to borrow under Credit Agreement		$ 270,000,000
Revolving credit facility maturity date		Sep. 3, 2020
Tranche B-2 term loan facility [Member] | 2015 Credit Agreement [Member]
Debt Instrument [Line Items]
Amounts available to borrow under Credit Agreement		$ 130,000,000
Revolving credit facility maturity date		Sep. 3, 2022

Long-Term Debt and Short-Term39

Long-Term Debt and Short-Term Borrowings - Revolving Credit Facility - Additional Information (Detail) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Letters of credit outstanding amount	$ 64,200,000
Revolving credit facility [Member]
Debt Instrument [Line Items]
Revolving credit facility principal amount outstanding	0	$ 0
Letters of credit outstanding amount	$ 2,000,000	$ 2,000,000

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Loss Contingencies [Line Items]
Letters of credit outstanding	$ 64,200,000
Accrued loan loss	30,200,000	$ 28,200,000
Assets available for recourse	593,100,000
Warehouse receivables	$ 364,700,000
Letters of credit expiration date	2018-06
Guarantees total	$ 57,900,000
Commitments to investment in future real estate investment	23,300,000
Commitments to investment in unconsolidated real estate subsidiary	$ 22,800,000
Maximum [Member]
Loss Contingencies [Line Items]
Co-investments typically range	2.00%
Funded loans subject to loss sharing arrangements [Member]
Loss Contingencies [Line Items]
Funded loans unpaid principal	$ 17,900,000,000
Letters of credit outstanding	53,000,000	$ 45,000,000
SBL Program [Member]
Loss Contingencies [Line Items]
Letters of credit outstanding	5,000,000
Funded loans not subject to loss sharing arrangements [Member]
Loss Contingencies [Line Items]
Letters of credit outstanding	$ 58,000,000

Income Per Share Information -

Income Per Share Information - Computation of Basic and Diluted Income Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Basic Income Per Share
Net income attributable to CBRE Group, Inc. shareholders	$ 197,165	$ 121,668	$ 326,762	$ 203,835
Weighted average shares outstanding for basic income per share	336,975,149	335,076,746	336,941,681	334,534,841
Basic income per share attributable to CBRE Group, Inc. shareholders	$ 0.59	$ 0.36	$ 0.97	$ 0.61
Diluted Income Per Share
Net income attributable to CBRE Group, Inc. shareholders	$ 197,165	$ 121,668	$ 326,762	$ 203,835
Weighted average shares outstanding for basic income per share	336,975,149	335,076,746	336,941,681	334,534,841
Dilutive effect of contingently issuable shares	3,905,498	2,976,165	3,267,556	3,226,936
Dilutive effect of stock options	1,956	27,730	5,009	36,110
Weighted average shares outstanding for diluted income per share	340,882,603	338,080,641	340,214,246	337,797,887
Diluted income per share attributable to CBRE Group, Inc. shareholders	$ 0.58	$ 0.36	$ 0.96	$ 0.60

Income Per Share Information 42

Income Per Share Information - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Contingently Issuable Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares excluded in computation of diluted income per share	1,317,651	1,536,189	2,037,886	1,553,158

Segments - Summarized Financial

Segments - Summarized Financial Information by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Revenue	$ 3,342,215	$ 3,207,537	$ 6,323,419	$ 6,054,271
Adjusted EBITDA	412,549	360,451	715,757	643,134
Global Investment Management [Member]
Segment Reporting Information [Line Items]
Revenue	92,763	95,737	182,329	186,117
Adjusted EBITDA	23,910	26,426	49,769	49,341
Development Services [Member]
Segment Reporting Information [Line Items]
Revenue	17,203	17,891	30,862	34,664
Adjusted EBITDA	46,453	18,525	49,257	50,400
Americas [Member]
Segment Reporting Information [Line Items]
Revenue	1,856,887	1,780,389	3,549,533	3,368,264
Adjusted EBITDA	230,409	227,411	450,809	414,625
EMEA [Member]
Segment Reporting Information [Line Items]
Revenue	954,734	953,918	1,798,922	1,794,265
Adjusted EBITDA	68,577	59,854	102,441	87,665
Asia Pacific [Member]
Segment Reporting Information [Line Items]
Revenue	420,628	359,602	761,773	670,961
Adjusted EBITDA	$ 43,200	$ 28,235	$ 63,481	$ 41,103

Segments - Adjusted EBITDA Calc

Segments - Adjusted EBITDA Calculation by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting [Abstract]
Net income attributable to CBRE Group, Inc.	$ 197,165	$ 121,668	$ 326,762	$ 203,835
Depreciation and amortization	100,386	90,268	194,423	177,262
Interest expense	35,430	36,987	69,440	71,777
Provision for income taxes	68,362	64,039	119,635	114,164
Interest income	1,427	3,066	3,838	4,525
EBITDA	399,916	309,896	706,422	562,513
Integration and other costs related to acquisitions	15,408	27,751	27,351	44,924
Cost-elimination expenses		27,176		39,579
Carried interest incentive compensation reversal to align with the timing of associated revenue	(2,775)	(4,372)	(18,016)	(3,882)
Adjusted EBITDA	$ 412,549	$ 360,451	$ 715,757	$ 643,134

Segments - Adjusted EBITDA Ca45

Segments - Adjusted EBITDA Calculation by Segment (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Segment Reporting [Abstract]
Severance costs	$ 25.1	$ 36.9
Contract termination cost	$ 2.1	$ 2.7

Guarantor and Nonguarantor Fi46

Guarantor and Nonguarantor Financial Statements - Condensed Consolidating Balance Sheet (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	$ 535,681	$ 762,576	$ 431,768	$ 540,403
Restricted cash	74,720	68,836
Receivables, net	2,653,346	2,605,602
Warehouse receivables	1,069,889	1,276,047
Income taxes receivable	55,593	45,626
Prepaid expenses	235,717	184,107
Other current assets	199,390	179,656
Total Current Assets	4,824,336	5,122,450
Property and equipment, net	556,480	560,756
Goodwill	3,095,980	2,981,392
Other intangible assets, net	1,398,757	1,411,039
Investments in unconsolidated subsidiaries	246,715	232,238
Deferred tax assets, net	96,272	105,324
Other assets, net	387,678	366,388
Total Assets	10,606,218	10,779,587
Accounts payable and accrued expenses	1,427,401	1,446,438
Compensation and employee benefits payable	673,510	772,922
Accrued bonus and profit sharing	543,982	890,321
Income taxes payable	41,796	58,351
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Entities have committed to purchase)	1,054,970	1,254,653
Other	16	16
Total short-term borrowings	1,054,986	1,254,669
Current maturities of long-term debt	11	11
Other current liabilities	55,864	102,717
Total Current Liabilities	3,797,550	4,525,429
Long-term debt, net	2,550,404	2,548,126
Total Long-Term Debt, net	2,550,404	2,548,126
Deferred tax liabilities, net	96,780	70,719
Non-current tax liabilities	32,427	54,042
Other liabilities	546,031	524,026
Total Liabilities	7,023,192	7,722,342
Commitments and contingencies
CBRE Group, Inc. Stockholders’ Equity	3,539,693	3,014,487
Non-controlling interests	43,333	42,758
Total Equity	3,583,026	3,057,245
Total Liabilities and Equity	10,606,218	10,779,587
Eliminations [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Income taxes receivable	(2,623)	(19,279)
Total Current Assets	(2,623)	(19,279)
Investments in consolidated subsidiaries	(12,128,755)	(10,617,443)
Intercompany loan receivable	(3,411,774)	(3,384,421)
Deferred tax assets, net	(44,311)	(57,335)
Total Assets	(15,587,463)	(14,078,478)
Income taxes payable	(2,623)	(19,279)
Total Current Liabilities	(2,623)	(19,279)
Intercompany loan payable	(3,411,774)	(3,384,421)
Total Long-Term Debt, net	(3,411,774)	(3,384,421)
Deferred tax liabilities, net	(44,311)	(57,335)
Total Liabilities	(3,458,708)	(3,461,035)
Commitments and contingencies
CBRE Group, Inc. Stockholders’ Equity	(12,128,755)	(10,617,443)
Total Equity	(12,128,755)	(10,617,443)
Total Liabilities and Equity	(15,587,463)	(14,078,478)
Parent [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	7	7	4	5
Income taxes receivable	292	1,915
Total Current Assets	299	1,922
Investments in consolidated subsidiaries	4,840,206	4,226,629
Total Assets	4,840,505	4,228,551
Intercompany loan payable	1,300,812	1,214,064
Total Long-Term Debt, net	1,300,812	1,214,064
Total Liabilities	1,300,812	1,214,064
Commitments and contingencies
CBRE Group, Inc. Stockholders’ Equity	3,539,693	3,014,487
Total Equity	3,539,693	3,014,487
Total Liabilities and Equity	4,840,505	4,228,551
Guarantor Subsidiaries [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	71,194	264,121	66,836	147,410
Restricted cash	5,349	6,967
Receivables, net	998,049	943,028
Warehouse receivables	680,272	687,454
Income taxes receivable		8,170
Prepaid expenses	93,622	78,296
Other current assets	67,678	64,576
Total Current Assets	1,916,164	2,052,612
Property and equipment, net	387,213	395,749
Goodwill	1,695,584	1,669,683
Other intangible assets, net	768,206	793,525
Investments in unconsolidated subsidiaries	197,668	189,455
Investments in consolidated subsidiaries	2,605,729	2,314,549
Intercompany loan receivable	700,000	700,000
Deferred tax assets, net	44,311	72,325
Other assets, net	257,276	240,707
Total Assets	8,572,151	8,428,605
Accounts payable and accrued expenses	384,961	409,470
Compensation and employee benefits payable	328,874	402,719
Accrued bonus and profit sharing	286,198	506,715
Income taxes payable	3,168	40,946
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Entities have committed to purchase)	673,672	680,473
Other	16	16
Total short-term borrowings	673,688	680,489
Other current liabilities	44,858	81,590
Total Current Liabilities	1,721,747	2,121,929
Intercompany loan payable	1,857,194	1,916,675
Total Long-Term Debt, net	1,857,194	1,916,675
Non-current tax liabilities	30,676	53,422
Other liabilities	279,714	260,314
Total Liabilities	3,889,331	4,352,340
Commitments and contingencies
CBRE Group, Inc. Stockholders’ Equity	4,682,820	4,076,265
Total Equity	4,682,820	4,076,265
Total Liabilities and Equity	8,572,151	8,428,605
Nonguarantor Subsidiaries [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	451,574	481,559	358,766	384,509
Restricted cash	69,371	61,869
Receivables, net	1,655,297	1,662,574
Warehouse receivables	389,617	588,593
Income taxes receivable	54,936	37,456
Prepaid expenses	142,095	105,811
Other current assets	131,712	113,659
Total Current Assets	2,894,602	3,051,521
Property and equipment, net	169,267	165,007
Goodwill	1,400,396	1,311,709
Other intangible assets, net	630,551	617,514
Investments in unconsolidated subsidiaries	49,047	42,783
Deferred tax assets, net	96,272	90,334
Other assets, net	110,788	103,452
Total Assets	5,350,923	5,382,320
Accounts payable and accrued expenses	1,012,202	1,006,919
Compensation and employee benefits payable	344,010	369,577
Accrued bonus and profit sharing	257,784	383,606
Income taxes payable	41,251	36,684
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Entities have committed to purchase)	381,298	574,180
Total short-term borrowings	381,298	574,180
Current maturities of long-term debt	11	11
Other current liabilities	10,088	21,127
Total Current Liabilities	2,046,644	2,392,104
Long-term debt, net		3
Intercompany loan payable	253,768	253,682
Total Long-Term Debt, net	253,768	253,685
Deferred tax liabilities, net	141,091	128,054
Non-current tax liabilities	1,751	620
Other liabilities	258,607	250,550
Total Liabilities	2,701,861	3,025,013
Commitments and contingencies
CBRE Group, Inc. Stockholders’ Equity	2,605,729	2,314,549
Non-controlling interests	43,333	42,758
Total Equity	2,649,062	2,357,307
Total Liabilities and Equity	5,350,923	5,382,320
CBRE Services [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	12,906	16,889	$ 6,162	$ 8,479
Income taxes receivable	2,988	17,364
Other current assets		1,421
Total Current Assets	15,894	35,674
Investments in consolidated subsidiaries	4,682,820	4,076,265
Intercompany loan receivable	2,711,774	2,684,421
Other assets, net	19,614	22,229
Total Assets	7,430,102	6,818,589
Accounts payable and accrued expenses	30,238	30,049
Compensation and employee benefits payable	626	626
Other current liabilities	918
Total Current Liabilities	31,782	30,675
Long-term debt, net	2,550,404	2,548,123
Total Long-Term Debt, net	2,550,404	2,548,123
Other liabilities	7,710	13,162
Total Liabilities	2,589,896	2,591,960
Commitments and contingencies
CBRE Group, Inc. Stockholders’ Equity	4,840,206	4,226,629
Total Equity	4,840,206	4,226,629
Total Liabilities and Equity	$ 7,430,102	$ 6,818,589

Guarantor and Nonguarantor Fi47

Guarantor and Nonguarantor Financial Statements - Condensed Consolidating Balance Sheet (Parenthetical) (Detail)	Jun. 30, 2017	Dec. 31, 2016
5.00% Senior Notes [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Interest rate of long-term debt	5.00%	5.00%
4.875% Senior Notes [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Interest rate of long-term debt	4.875%	4.875%
5.25% Senior Notes [Member]
Condensed Balance Sheet Statements, Captions [Line Items]
Interest rate of long-term debt	5.25%	5.25%

Guarantor and Nonguarantor Fi48

Guarantor and Nonguarantor Financial Statements - Condensed Consolidating Statement of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Condensed Statement of Income Captions [Line Items]
Revenue	$ 3,342,215	$ 3,207,537	$ 6,323,419	$ 6,054,271
Cost of services	2,318,562	2,254,233	4,405,641	4,267,846
Operating, administrative and other	712,374	680,442	1,318,605	1,323,808
Depreciation and amortization	100,386	90,268	194,423	177,262
Total costs and expenses	3,131,322	3,024,943	5,918,669	5,768,916
Gain on disposition of real estate	11,298		12,683	4,819
Operating income	222,191	182,594	417,433	290,174
Equity income from unconsolidated subsidiaries	75,384	34,929	90,402	92,230
Other income (loss)	3,186	3,882	7,301	7,097
Interest income	1,427	3,066	3,838	4,525
Interest expense	35,430	36,987	69,440	71,777
Income before provision for income taxes	266,758	187,484	449,534	322,249
(Benefit of) provision for income taxes	68,362	64,039	119,635	114,164
Net income	198,396	123,445	329,899	208,085
Less: Net income attributable to non-controlling interests	1,231	1,777	3,137	4,250
Net income attributable to CBRE Group, Inc.	197,165	121,668	326,762	203,835
Eliminations [Member]
Condensed Statement of Income Captions [Line Items]
Interest income	(30,698)	(33,096)	(60,599)	(65,569)
Interest expense	(30,698)	(33,096)	(60,599)	(65,569)
Income from consolidated subsidiaries	(484,121)	(278,771)	(787,173)	(453,750)
Income before provision for income taxes	(484,121)	(278,771)	(787,173)	(453,750)
Net income	(484,121)	(278,771)	(787,173)	(453,750)
Net income attributable to CBRE Group, Inc.	(484,121)	(278,771)	(787,173)	(453,750)
Parent [Member]
Condensed Statement of Income Captions [Line Items]
Operating, administrative and other	1,046	767	762	2,193
Total costs and expenses	1,046	767	762	2,193
Operating income	(1,046)	(767)	(762)	(2,193)
Income from consolidated subsidiaries	197,811	122,141	327,233	205,188
Income before provision for income taxes	196,765	121,374	326,471	202,995
(Benefit of) provision for income taxes	(400)	(294)	(291)	(840)
Net income	197,165	121,668	326,762	203,835
Net income attributable to CBRE Group, Inc.	197,165	121,668	326,762	203,835
Guarantor Subsidiaries [Member]
Condensed Statement of Income Captions [Line Items]
Revenue	1,709,463	1,642,191	3,272,529	3,139,690
Cost of services	1,177,258	1,129,785	2,247,642	2,154,348
Operating, administrative and other	387,987	365,488	703,743	708,358
Depreciation and amortization	58,695	55,933	115,425	110,664
Total costs and expenses	1,623,940	1,551,206	3,066,810	2,973,370
Gain on disposition of real estate	2		228	3,659
Operating income	85,525	90,985	205,947	169,979
Equity income from unconsolidated subsidiaries	74,960	33,952	89,330	90,217
Other income (loss)	612	(49)	1,026	(481)
Interest income	892	654	2,539	1,571
Interest expense	22,468	24,827	44,616	49,410
Royalty and management service (income) expense	(897)	(16,340)	(6,699)	(23,768)
Income from consolidated subsidiaries	85,909	38,843	127,898	42,375
Income before provision for income taxes	226,327	155,898	388,823	278,019
(Benefit of) provision for income taxes	25,926	38,111	56,781	71,832
Net income	200,401	117,787	332,042	206,187
Net income attributable to CBRE Group, Inc.	200,401	117,787	332,042	206,187
Nonguarantor Subsidiaries [Member]
Condensed Statement of Income Captions [Line Items]
Revenue	1,632,752	1,565,346	3,050,890	2,914,581
Cost of services	1,141,304	1,124,448	2,157,999	2,113,498
Operating, administrative and other	322,803	323,137	613,213	614,683
Depreciation and amortization	41,691	34,335	78,998	66,598
Total costs and expenses	1,505,798	1,481,920	2,850,210	2,794,779
Gain on disposition of real estate	11,296		12,455	1,160
Operating income	138,250	83,426	213,135	120,962
Equity income from unconsolidated subsidiaries	424	977	1,072	2,013
Other income (loss)	2,573	3,930	6,274	7,577
Interest income	535	2,412	1,299	2,954
Interest expense	9,296	10,267	17,913	19,320
Royalty and management service (income) expense	897	16,340	6,699	23,768
Income before provision for income taxes	131,589	64,138	197,168	90,418
(Benefit of) provision for income taxes	44,449	23,518	66,133	43,793
Net income	87,140	40,620	131,035	46,625
Less: Net income attributable to non-controlling interests	1,231	1,777	3,137	4,250
Net income attributable to CBRE Group, Inc.	85,909	38,843	127,898	42,375
CBRE Services [Member]
Condensed Statement of Income Captions [Line Items]
Operating, administrative and other	538	(8,950)	887	(1,426)
Total costs and expenses	538	(8,950)	887	(1,426)
Operating income	(538)	8,950	(887)	1,426
Other income (loss)	1	1	1	1
Interest income	30,698	33,096	60,599	65,569
Interest expense	34,364	34,989	67,510	68,616
Income from consolidated subsidiaries	200,401	117,787	332,042	206,187
Income before provision for income taxes	196,198	124,845	324,245	204,567
(Benefit of) provision for income taxes	(1,613)	2,704	(2,988)	(621)
Net income	197,811	122,141	327,233	205,188
Net income attributable to CBRE Group, Inc.	$ 197,811	$ 122,141	$ 327,233	$ 205,188

Guarantor and Nonguarantor Fi49

Guarantor and Nonguarantor Financial Statements - Condensed Consolidating Statement of Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Condensed Statement of Income Captions [Line Items]
Net income	$ 198,396	$ 123,445	$ 329,899	$ 208,085
Foreign currency translation gain (loss)	88,347	(102,308)	139,436	(85,714)
Amounts reclassified from accumulated other comprehensive loss to interest expense, net of tax	1,380	1,733	2,888	3,476
Unrealized (losses) gains on interest rate swaps, net of tax	(217)	(1,206)	77	(4,115)
Unrealized holding gains (losses) on available for sale securities, net of tax	977	1,574	1,900	645
Other, net	(10)	(702)	(16)	(759)
Total other comprehensive income (loss)	90,477	(100,909)	144,285	(86,467)
Comprehensive income	288,873	22,536	474,184	121,618
Less: Comprehensive income attributable to non-controlling interests	1,390	1,694	3,317	4,289
Comprehensive income attributable to CBRE Group, Inc.	287,483	20,842	470,867	117,329
Eliminations [Member]
Condensed Statement of Income Captions [Line Items]
Net income	(484,121)	(278,771)	(787,173)	(453,750)
Comprehensive income	(484,121)	(278,771)	(787,173)	(453,750)
Comprehensive income attributable to CBRE Group, Inc.	(484,121)	(278,771)	(787,173)	(453,750)
Parent [Member]
Condensed Statement of Income Captions [Line Items]
Net income	197,165	121,668	326,762	203,835
Other, net	3		(2)
Total other comprehensive income (loss)	3		(2)
Comprehensive income	197,168	121,668	326,760	203,835
Comprehensive income attributable to CBRE Group, Inc.	197,168	121,668	326,760	203,835
Guarantor Subsidiaries [Member]
Condensed Statement of Income Captions [Line Items]
Net income	200,401	117,787	332,042	206,187
Unrealized holding gains (losses) on available for sale securities, net of tax	896	1,603	1,725	514
Other, net	(13)	(702)	(14)	(759)
Total other comprehensive income (loss)	883	901	1,711	(245)
Comprehensive income	201,284	118,688	333,753	205,942
Comprehensive income attributable to CBRE Group, Inc.	201,284	118,688	333,753	205,942
Nonguarantor Subsidiaries [Member]
Condensed Statement of Income Captions [Line Items]
Net income	87,140	40,620	131,035	46,625
Foreign currency translation gain (loss)	88,347	(102,308)	139,436	(85,714)
Unrealized holding gains (losses) on available for sale securities, net of tax	81	(29)	175	131
Total other comprehensive income (loss)	88,428	(102,337)	139,611	(85,583)
Comprehensive income	175,568	(61,717)	270,646	(38,958)
Less: Comprehensive income attributable to non-controlling interests	1,390	1,694	3,317	4,289
Comprehensive income attributable to CBRE Group, Inc.	174,178	(63,411)	267,329	(43,247)
CBRE Services [Member]
Condensed Statement of Income Captions [Line Items]
Net income	197,811	122,141	327,233	205,188
Amounts reclassified from accumulated other comprehensive loss to interest expense, net of tax	1,380	1,733	2,888	3,476
Unrealized (losses) gains on interest rate swaps, net of tax	(217)	(1,206)	77	(4,115)
Total other comprehensive income (loss)	1,163	527	2,965	(639)
Comprehensive income	198,974	122,668	330,198	204,549
Comprehensive income attributable to CBRE Group, Inc.	$ 198,974	$ 122,668	$ 330,198	$ 204,549

Guarantor and Nonguarantor Fi50

Guarantor and Nonguarantor Financial Statements - Condensed Consolidating Statement of Cash Flows (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Condensed Cash Flow Statements, Captions [Line Items]
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES:	$ (190,737)	$ (210,017)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(59,863)	(79,058)
Acquisition of GWS, including net assets acquired, intangibles and goodwill		(21,900)
Acquisition of businesses (other than GWS),including net assets acquired, intangibles and goodwill, net of cash acquired	(40,452)	(16,569)
Contributions to unconsolidated subsidiaries	(32,660)	(27,431)
Distributions from unconsolidated subsidiaries	96,941	93,912
Decrease (increase) in restricted cash	(3,022)	(478)
Purchase of available for sale securities	(19,734)	(23,984)
Proceeds from the sale of available for sale securities	17,277	22,061
Other investing activities, net	2,608	13,929
Net cash used in investing activities	(38,905)	(39,518)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of senior term loans		(14,375)
Proceeds from revolving credit facility	911,000	1,356,000
Repayment of revolving credit facility	(911,000)	(1,200,000)
Proceeds from notes payable on real estate held for sale and under development	2,137	13,315
Repayment of notes payable on real estate held for sale and under development	(9,189)	(4,102)
Units repurchased for payment of taxes on equity awards	(1,900)	(5,112)
Non-controlling interest contributions	1,941	821
Non-controlling interest distributions	(3,904)	(3,517)
Payment of financing costs		(5,529)
Other financing activities, net	(3,666)	3,987
Net cash (used in) provided by financing activities	(14,581)	141,488
Effect of currency exchange rate changes on cash and cash equivalents	17,328	(588)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(226,895)	(108,635)
CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD	762,576	540,403
CASH AND CASH EQUIVALENTS, AT END OF PERIOD	535,681	431,768
Cash paid during the period for:
Interest	59,490	63,420
Income taxes, net	163,885	160,353
Parent [Member]
Condensed Cash Flow Statements, Captions [Line Items]
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES:	49,435	57,811
CASH FLOWS FROM FINANCING ACTIVITIES:
Units repurchased for payment of taxes on equity awards	(1,900)	(5,112)
(Increase) decrease in intercompany receivables, net	(47,895)	(53,774)
Other financing activities, net	360	1,074
Net cash (used in) provided by financing activities	(49,435)	(57,812)
NET DECREASE IN CASH AND CASH EQUIVALENTS		(1)
CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD	7	5
CASH AND CASH EQUIVALENTS, AT END OF PERIOD	7	4
Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES:	(235,596)	(192,950)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(39,925)	(51,510)
Acquisition of GWS, including net assets acquired, intangibles and goodwill		(21,900)
Acquisition of businesses (other than GWS),including net assets acquired, intangibles and goodwill, net of cash acquired	(31,780)	(1,381)
Contributions to unconsolidated subsidiaries	(23,752)	(21,549)
Distributions from unconsolidated subsidiaries	92,304	91,421
Decrease (increase) in restricted cash	1,618	3,250
Purchase of available for sale securities	(19,734)	(23,984)
Proceeds from the sale of available for sale securities	17,277	22,061
Other investing activities, net	2,486	6,688
Net cash used in investing activities	(1,506)	3,096
CASH FLOWS FROM FINANCING ACTIVITIES:
(Increase) decrease in intercompany receivables, net	47,320	110,453
Other financing activities, net	(3,145)	(1,173)
Net cash (used in) provided by financing activities	44,175	109,280
NET DECREASE IN CASH AND CASH EQUIVALENTS	(192,927)	(80,574)
CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD	264,121	147,410
CASH AND CASH EQUIVALENTS, AT END OF PERIOD	71,194	66,836
Cash paid during the period for:
Income taxes, net	82,017	107,070
Nonguarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES:	(20,707)	(84,255)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(19,938)	(27,548)
Acquisition of businesses (other than GWS),including net assets acquired, intangibles and goodwill, net of cash acquired	(8,672)	(15,188)
Contributions to unconsolidated subsidiaries	(8,908)	(5,882)
Distributions from unconsolidated subsidiaries	4,637	2,491
Decrease (increase) in restricted cash	(4,640)	(3,728)
Other investing activities, net	122	7,241
Net cash used in investing activities	(37,399)	(42,614)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from notes payable on real estate held for sale and under development	2,137	13,315
Repayment of notes payable on real estate held for sale and under development	(9,189)	(4,102)
Non-controlling interest contributions	1,941	821
Non-controlling interest distributions	(3,904)	(3,517)
Payment of financing costs		(110)
(Increase) decrease in intercompany receivables, net	20,689	91,221
Other financing activities, net	(881)	4,086
Net cash (used in) provided by financing activities	10,793	101,714
Effect of currency exchange rate changes on cash and cash equivalents	17,328	(588)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(29,985)	(25,743)
CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD	481,559	384,509
CASH AND CASH EQUIVALENTS, AT END OF PERIOD	451,574	358,766
Cash paid during the period for:
Interest	44	1,337
Income taxes, net	81,868	53,283
CBRE Services [Member]
Condensed Cash Flow Statements, Captions [Line Items]
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES:	16,131	9,377
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment of senior term loans		(14,375)
Proceeds from revolving credit facility	911,000	1,356,000
Repayment of revolving credit facility	(911,000)	(1,200,000)
Payment of financing costs		(5,419)
(Increase) decrease in intercompany receivables, net	(20,114)	(147,900)
Net cash (used in) provided by financing activities	(20,114)	(11,694)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(3,983)	(2,317)
CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD	16,889	8,479
CASH AND CASH EQUIVALENTS, AT END OF PERIOD	12,906	6,162
Cash paid during the period for:
Interest	$ 59,446	$ 62,083