ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2014

Acquisitions Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The purchase price allocation was as follows:

Tangible assets acquired and assumed:
Cash and cash equivalents	$	2,667
Restricted cash		50
Securities owned		1,978
Accounts receivable		1,845
Prepaid expenses and other assets		302
Property and equipment		76
Accounts payable and accrued liabilities		(3,194	)
Securities sold, not yet purchased		(922	)
Deferred tax liability		(1,120	)
Customer relationships		1,200
Tradename		1,600
Goodwill		21,869
Total	$	26,351

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The amount of revenue and earnings attributable to BRC in the Company’s consolidated statement of operations during the year ended December 31, 2014 were as follows:

	Period from
	June 18, 2014
	through
	December 31, 2014
Revenues	$	19,420
Income before income taxes		5,124

Business Acquisition, Pro Forma Information [Table Text Block]

The pro forma financial information as presented below is for informational purposes only and is not necessarily indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of the earliest period presented, nor does it intend to be a projection of future results .

	Pro Forma Unaudited
	Year Ended			Year Ended
	December 31, 2014			December 31, 2013
Revenues	$	91,656		$	102,965
Net (loss) income attributable to B. Riley Financial, Inc.	$	(3,938	)	$	4,594
Basic (loss) income per share	$	(0.34	)	$	0.82
Diluted (loss) income per share	$	(0.34	)	$	0.81
Weighted average basic shares outstanding		11,533,178			5,613,307
Weighted average diluted shares outstanding		11,533,178			5,674,528

Financial information related to less-than-majority-owned subsidiary [Table Text Block]

The summarized financial information below includes amounts related to Shoon, the Company’s less-than-majority-owned subsidiary, for periods after July 31, 2013.

	Five Months
	Ended
	December 31, 2013
Total revenues	$	6,294
Cost of goods sold		3,375
Loss before income taxes		(160	)
Income tax benefit		58
Net loss	$	(102	)
GAG, Inc equity share of net loss	$	(45	)

	As of
	December 31, 2013
Current assets	$	3,865
Non-current asstes		397
Total assets		4,262
Current liabilities		3,338
Non-current liabilities		497
Net assets	$	427

Fair value of the net assets acquired [Table Text Block]

The following details the estimated fair value of the net assets acquired and the excess of such net assets over the purchase price upon acquisition:

Fixed assets	$	78
Retail inventory		3,752
Accounts payable and accrued liabilities		(810	)
Deferred tax liability		(408	)
Fair value of net assets acquired		2,612
Total cash consideration		(1,246	)
Gain on bargain purchase	$	1,366

Financial statement amounts [Table Text Block]

The following financial statement amounts of Shoon were included in the accompanying consolidated financial statements in the UK retail stores segment for the period from May 4, 2012, the date of investment, through December 31, 2012 and for the period from January 1, 2013 through July 31, 2013:

	Period From			Period From
	January 1, 2013 to			May 4, 2012 to
	July 31, 2013			December 31, 2012
Revenues:
Revenues - Sale of goods	$	6,202		$	10,206
Cost of goods sold		(3,566	)		(5,475	)
Selling, general and administrative expenses		(3,818	)		(4,480	)
Operating (loss) income		(1,182	)		251
Other expenses		(94	)		(251	)
Gain on bargain purchase		-			1,366
(Loss) income before income taxes		(1,276	)		1,366
Benefit (provision) for income taxes		319			(1	)
Net (loss) income		(957	)		1,365
Net (loss) income attributable to noncontrolling interest		(532	)		819
Net (loss) income attributable to B. Riley Financial, Inc.	$	(425	)	$	546