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Segment Information
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
SPLP operates through the following segments: Diversified Industrial, Energy, Financial Services, and Corporate and Other, which are managed separately and offer different products and services. The Diversified Industrial segment is comprised of manufacturers of engineered niche industrial products, including joining materials, tubing, building materials, performance materials, electrical products, cutting replacement products and services, and a packaging business. The Energy segment provides drilling and production services to the oil & gas industry and owns a youth sports business. The Financial Services segment consists primarily of the operations of WebBank, a Utah chartered industrial bank, which engages in a full range of banking activities. The Corporate and Other segment consists of several consolidated subsidiaries, including Steel Services, equity method and other investments, and cash and cash equivalents. Its income or loss includes certain unallocated general corporate expenses.

Steel Services has management services agreements with its consolidated subsidiaries and other related companies as further discussed in Note 17 - "Related Party Transactions." Steel Services charged the Diversified Industrial, Energy and Financial Services segments approximately $7,071, $1,316 and $408, respectively, for the three months ended September 30, 2020 and $8,988, $2,164 and $741, respectively, for the three months ended September 30, 2019. Steel Services charged the Diversified Industrial, Energy and Financial Services segments approximately $21,214, $3,947 and $1,270, respectively, for the nine months ended September 30, 2020 and $26,963, $6,493 and $2,224, respectively, for the nine months ended September 30, 2019. These service fees are reflected as expenses in the segment income (loss) below, but are eliminated in consolidation.

During the first quarter of 2020, the Company changed the measurement methods used to determine reported segment income or loss by allocating additional expenses from the Corporate and Other segment to the Diversified Industrial, Energy and Financial Services segments. The 2019 financial information has been recast to reflect these changes on a comparable basis. Accordingly, for the three months ended September 30, 2019, the Company allocated additional expenses of $2,692 and $424 to the Diversified Industrial and Energy segments, respectively, and allocated lower expenses to the Financial Services segment of $206, from the Corporate and Other segment. For the nine months ended September 30, 2019, the Company allocated additional expenses of $8,076 and $1,272 to the Diversified Industrial and Energy segments, respectively, and allocated lower expenses to the Financial Services segment of $618, from the Corporate and Other segment.

In addition, as described in Note 3 - "Discontinued Operations," the Company recast all 2019 financial information associated with API, previously included in the Diversified Industrial segment, to discontinued operations, to reflect these changes on a comparable basis.

Segment information is presented below:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2020201920202019
Revenue:
Diversified Industrial net sales$274,094 $281,120 $788,566 $862,090 
Energy net revenue
22,378 44,147 75,282 126,665 
Financial Services revenue33,535 45,813 109,496 123,853 
Total revenue$330,007 $371,080 $973,344 $1,112,608 
Income (loss) from continuing operations before interest expense and income taxes:
Diversified Industrial$26,372 $(3,042)$54,408 $27,609 
Energy
(1,891)954 (7,041)(472)
Financial Services28,701 20,436 31,892 48,012 
Corporate and Other5,972 28,697 (45,693)53,887 
Income from continuing operations before interest expense and income taxes59,154 47,045 33,566 129,036 
Interest expense
6,988 9,622 23,025 30,099 
Income tax provision14,783 13,705 10,034 31,505 
Net income from continuing operations$37,383 $23,718 $507 $67,432 
(Income) loss of associated companies, net of taxes:
Corporate and Other$(3,194)$1,855 $26,420 $(408)
Total$(3,194)$1,855 $26,420 $(408)
Segment depreciation and amortization:
Diversified Industrial$12,243 $11,927 $36,893 $35,449 
Energy3,669 4,309 11,156 13,174 
Financial Services304 110 567 309 
Corporate and Other39 41 119 114 
Total depreciation and amortization$16,255 $16,387 $48,735 $49,046