Marcus & Millichap, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Stockholders' Equity

Consolidated Statement of Stockholders' Equity (USD $) In Thousands, except Share data	Total	Series A Redeemable Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Stock Notes Receivable From Employees [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Income [Member]
Beginning Balance at Dec. 31, 2011	$ 20,157us-gaap_StockholdersEquity	$ 10	$ 230	$ 20,423	$ (146)	$ (360)
Beginning Balance, Shares at Dec. 31, 2011		1,000	230,239
Net and comprehensive income	27,934us-gaap_ComprehensiveIncomeNetOfTax
Net income (loss) attributable to Marcus & Millichap Real Estate Investment Services, Inc. prior to initial public offering on October 31, 2013	27,934
Net income	27,934us-gaap_NetIncomeLoss					27,934
Series A preferred dividends declared and paid	(30,756)us-gaap_DividendsPreferredStock					(30,756)
Deemed capital contribution (distribution) from MMC	4,209			4,209
Issuance of restricted stock			4	86	(90)
Issuance of restricted stock, Shares			3,500
Payments on stock notes receivable from employees	86				86
Ending Balance at Dec. 31, 2012	21,630us-gaap_StockholdersEquity	10	234	24,718	(150)	(3,182)
Ending Balance, Shares at Dec. 31, 2012		1,000	233,739
Net income (loss) attributable to Marcus & Millichap Real Estate Investment Services, Inc. prior to initial public offering on October 31, 2013	(1,045)					(1,045)
Series A preferred dividends declared and paid	(37,681)us-gaap_DividendsPreferredStock			(24,718)		(12,963)
Deemed capital contribution (distribution) from MMC	(3,291)			(3,291)
Issuance of restricted stock			1	20	(21)
Issuance of restricted stock, Shares			750
Stock-based compensation, Shares			69,583
Payments on stock notes receivable from employees	158				158
Stock-based compensation	30,886			30,886
Exchange of Marcus & Millichap Real Estate Investment Services, Inc. Series A redeemable preferred and common stock for Marcus & Millichap, Inc. common stock		(10)	(231)	241
Exchange of Marcus & Millichap Real Estate Investment Services, Inc. Series A redeemable preferred and common stock for Marcus & Millichap, Inc. common stock, Shares		(1,000)	32,123,412
Issuance of common stock, net of issuance costs	42,313			42,313
Issuance of common stock, net of issuance costs, Shares			4,173,413
Ending Balance at Oct. 31, 2013	52,970us-gaap_StockholdersEquity		4	70,169	(13)	(17,190)
Ending Balance, Shares at Oct. 31, 2013			36,600,897
Net income attributable to Marcus & Millichap, Inc. subsequent to initial public offering	9,251					9,251
Stock-based compensation	276			276
Ending Balance at Dec. 31, 2013	62,497us-gaap_StockholdersEquity		4	70,445	(13)	(7,939)
Beginning Balance, Shares at Dec. 31, 2013			36,600,897
Net and comprehensive income	49,690us-gaap_ComprehensiveIncomeNetOfTax
Net income attributable to Marcus & Millichap, Inc. subsequent to initial public offering	49,531
Net income	49,531us-gaap_NetIncomeLoss					49,531
Total other comprehensive income (loss)	159						159
Issuance of common stock for settlement of deferred stock units	0	0	0	0	0	0	0
Issuance of common stock for settlement of deferred stock units, Shares			455,151
Shares withheld related to net share settlement of deferred stock units	(5,981)			(5,981)
Shares withheld related to net share settlement of deferred stock units, Shares			(185,821)
Issuance of common stock pursuant to employee stock purchase plan	410			410
Issuance of common stock pursuant to employee stock purchase plan, Shares			25,331
Issuance of unvested restricted stock awards			22,884
Stock-based compensation	5,034			5,034
Tax benefit from stock-based award activity	4,310			4,310
Tax benefit of deductible IPO transaction costs	840			840
Payments on stock notes receivable from employees	9				9
Ending Balance at Dec. 31, 2014	$ 116,809us-gaap_StockholdersEquity		$ 4	$ 75,058	$ (4)	$ 41,592	$ 159
Ending Balance, Shares at Dec. 31, 2014			36,918,442