| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Revenues: | ||||||
Revenues | ||||||
2,218 | 2,047 | 1,596 | 1,349 | |||
Expenses: | ||||||
Compensation and employee benefits | ||||||
1,275 | 1,161 | 987 | 849 | |||
Equity-based compensation and allocations of net income to limited partnership units and FPUs | ||||||
258 | 224 | 147 | 72 | |||
Compensation And Employee Benefits Net | ||||||
1,534 | 1,386 | 1,134 | 922 | |||
Operating, administrative and other | ||||||
361 | 331 | 219 | 185 | |||
Related Party Transaction, Expenses from Transactions with Related Party | ||||||
25 | 26 | 20 | 18 | |||
Depreciation and amortization | ||||||
131 | 97 | 95 | 72 | |||
Total operating expenses | ||||||
2,052 | 1,842 | 1,470 | 1,197 | |||
Other income, net | ||||||
Other income, net | ||||||
- | - | - | 15 | |||
Income from operations | ||||||
246 | 332 | 199 | 167 | |||
Interest (expense) income, net | ||||||
-32 | -50 | 2 | 3 | |||
Income before income taxes and noncontrolling interests | ||||||
214 | 282 | 202 | 171 | |||
Provision for income taxes | ||||||
52 | 90 | 57 | 3 | |||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
161 | 191 | 145 | 167 | |||
Less: Net income attributable to noncontrolling interests | ||||||
44 | 85 | 0 | -1 | |||
Net income available to common stockholders | ||||||
117 | 106 | 144 | 168 | |||
Earnings Per Share [Abstract] | ||||||
Basic earnings per share | ||||||
Net income available to common stockholders | ||||||
104 | 101 | 144 | 168 | |||
Basic earnings per share (in usd per share) | ||||||
0.59 | 0.65 | 1.08 | - | |||
Weighted Average Number of Shares Outstanding, Basic | ||||||
177 | 157 | 133 | - | |||
Earnings Per Share, Diluted [Abstract] | ||||||
Net Income (Loss) Available to Common Stockholders, Diluted | ||||||
108 | 105 | 117 | - | |||
Fully diluted earnings per share (in usd per share) | ||||||
0.58 | 0.64 | 0.85 | - | |||
Weighted Average Number of Shares Outstanding, Diluted | ||||||
185 | 163 | 138 | - | |||
Reduction for dividends on preferred stock or units | ||||||
12 | 5 | - | - | |||
Commissions | ||||||
Revenues | ||||||
1,396 | 1,286 | 1,014 | 849 | |||
Gains from mortgage banking activities/originations, net | ||||||
Revenues | ||||||
198 | 182 | 206 | 193 | |||
Management services, servicing fees and other | ||||||
Revenues | ||||||
624 | 578 | 375 | 307 | |||