(4) Acquisitions During April of 2018, Newmark completed the acquisition of two former Integra Realty Resources (IRR) offices (Boston and Pittsburgh). IRR specializes in commercial real estate valuation and advisory services, and the acquisition provides Newmark with greater geographic coverage. In July 2018, Newmark completed the acquisition of two additional IRR offices (Denver and Pasadena) as well as Dallas based Jackson &amp; Cooksey, Inc., a nationally known corporate tenant representation real estate agency. In September 2018, Newmark completed the acquisition of RKF Retail Holdings, LLC (RKF). RKF is a leading independent real estate firm in North America specializing in retail leasing, investment sales and consulting services. For the nine months ended September 30, 2018, the following tables summarize the components of the purchase consideration transferred, and the preliminary allocation of the assets acquired and liabilities assumed. Newmark expects to finalize its analysis of the assets acquired and liabilities assumed within the first year of the acquisition, and therefore adjustments to assets and liabilities may occur. As of the Acquisition Date Assets Cash and cash equivalents $ 1,033 Goodwill 38,388 Receivables, net 50,550 Fixed Assets, net 2,811 Other intangible assets, net 4,387 Other assets 1,236 Total assets 98,405 Current liabilities Current portion of accounts payable, accrued expenses and other liabilities 15,926 Accrued compensation 26,387 Total liabilities 42,313 Net assets acquired $ 56,092 The total consideration for acquisitions during the nine months ended September 30, 2018 was approximately $58.8 million in total fair value, comprised of cash and Newmark Holdings limited partnership units. The total consideration included contingent consideration of approximately 412,090 Newmarks Holding partnership units (with an acquisition date fair value of approximately $5.7 million), restricted stock of approximately 216,900 (with an acquisition date fair value of approximately $3.1 million) and $8.2 million in cash that may be issued contingent on certain targets being met through 2021. The excess of the consideration over the fair value of the net assets acquired has been recorded as goodwill of approximately $38.4 million, of which $23.4 million is deductible by Newmark for tax purposes. These acquisitions are accounted for using the purchase method of accounting. The results of operations of these acquisitions have been included in Newmarks unaudited condensed consolidated financial statements subsequent to their respective dates of acquisition, which in aggregate contributed $8.9 million and $9.9 million to Newmarks revenue for the three and nine months ended September 30, 2018, respectively. On September 8, 2017, Newmark acquired from CCRE 100% of the equity of BPF. The Berkeley Point Acquisition has been determined to be a combination of entities under common control that resulted in a change in the reporting entity (see Note 1 Organization and Basis of Presentation). The assets and liabilities of BPF have been recorded in Newmarks unaudited condensed consolidated balance sheets at the sellers historical carrying value. The excess of the purchase price over BPFs net assets was accounted for as an equity transaction for the year ended December 31, 2017 (the period in which the transaction occurred). See Note 1 Organization and Basis of Presentation for additional information. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to basis differences between the carrying amounts of existing assets and liabilities and their respective tax basis. Accordingly, a deferred tax asset of $108.6 million has been contributed to Newmark for the year ended December 31, 2017 for the basis difference between BPFs net assets and its tax basis. On January 13, 2017, Newmark acquired a San Francisco-based advisory firm, Regency Capital Partners (Regency). Regency specializes in structured debt and equity for large office and multi-family developments. On July 26, 2017, Newmark acquired an approximately 50% controlling interest in a joint venture. Cantor owns a noncontrolling interest of 25% of the company, which is headquartered in New York, NY and specializes in commercial real estate due diligence. In September 2017, Newmark completed the acquisition of six former Integra Realty Resources offices (Washington DC, Baltimore, Willmington, DE, New York/New Jersey, Philadelphia and Atlanta offices). These firms specialize in valuation services, and the acquisition provides Newmark with greater geographic coverage. For the year ended December 31, 2017, the following tables summarize the components of the purchase consideration transferred, and the preliminary allocation of the assets acquired and liabilities assumed, for all acquisitions other than the Berkeley Point Acquisition, based on the fair values of the acquisition date. Newmark expects to finalize its analysis of the assets acquired and liabilities assumed within the first year of the acquisition, and therefore adjustments to assets and liabilities may occur. As of the Acquisition Date Assets Cash and cash equivalents $ 3,903 Goodwill 64,291 Other intangible assets, net 3,188 Other assets 9,234 Total assets 80,616 Current liabilities Current portion of accounts payable, accrued expenses and other liabilities 7,119 Total liabilities 7,119 Noncontrolling interest 19,145 Net assets acquired $ 54,352 The total consideration for acquisitions during the year ended December 31, 2017 was approximately $55.6 million in total fair value, comprised of cash, and BGC Holdings limited partnership units. The total consideration included contingent consideration of approximately 477,169 BGCs Holding partnership units (with an acquisition date fair value of approximately $5.0 million) and $1.3 million in cash that may be issued contingent on certain targets being met through 2020. The excess of the consideration over the fair value of the net assets acquired has been recorded as goodwill of approximately $64.3 million, of which $45.4 million is deductible by Newmark for tax purposes. These acquisitions are accounted for using the purchase method of accounting. The results of operations of these acquisitions have been included in Newmarks unaudited condensed consolidated financial statements subsequent to their respective dates of acquisition, which in aggregate contributed $13.1 million to Newmarks revenue for the year ended December 31, 2017.