Related Party Transactions and Employee Receivables |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions and Employee Receivables | Note 12: Related Party Transactions and Employee Receivables The Company recognized royalty fee income from equity method investments as disclosed in Note 7: Equity Method Investments. For certain facilities management contracts, the Company subcontracts the APAC services, particularly in Greater China, through the Onewo JV. For the three months ended June 30, 2026 and 2025, the Company recorded expenses for these transactions of approximately $14.4 million and $15.3 million, respectively. For the six months ended June 30, 2026 and 2025, the Company recorded expenses for these transactions of approximately $30.0 million and $26.7 million, respectively. Such expenses were recorded within Costs of services in the Condensed Consolidated Statements of Operations. In addition, as of June 30, 2026 and December 31, 2025, the Company had receivables outstanding from revenue-producing advisors and other employees of $52.2 million and $53.5 million, respectively, included in Prepaid expenses and other current assets, and $496.0 million and $439.1 million, respectively, included in Other non-current assets in the Condensed Consolidated Balance Sheets. These amounts primarily represent prepaid commissions, retention and sign-on bonuses and other items such as travel and other advances to employees. Such amounts are amortized over the required service period outlined in each underlying agreement.
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