BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Schedule of company's reportable segments

The following is a summary of certain financial data for each of the Company’s reportable segments:

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Capital Markets reportable segment:
Revenues - Services and fees	$	21,676		$	7,172		$	39,399		$	12,736
Interest income - Securities lending		2,218			—			2,218			—
Total revenues		23,894			7,172			41,617			12,736
Selling, general, and administrative expenses		(23,067	)		(7,669	)		(34,036	)		(13,843	)
Restructuring costs		(3,923	)		—			(3,923	)		—
Interest expense - Securities lending		(1,565	)		—			(1,565	)		—
Depreciation and amortization		(166	)		(23	)		(293	)		(44	)
Segment (loss) income		(4,827	)		(520	)		1,800			(1,151	)
Auction and Liquidation reportable segment:
Revenues - Services and fees		21,807			5,393			35,803			12,300
Revenues - Sale of goods		—			—			—			2
Total revenues		21,807			5,393			35,803			12,302
Direct cost of services		(11,763	)		(2,087	)		(22,097	)		(5,505	)
Cost of goods sold		—			—			—			(2	)
Selling, general, and administrative expenses		(2,749	)		(1,577	)		(4,599	)		(2,802	)
Depreciation and amortization		(5	)		(37	)		(10	)		(78	)
Segment income		7,290			1,692			9,097			3,915
Valuation and Appraisal reportable segment:
Revenues - Services and fees		7,960			7,696			15,756			15,169
Direct cost of services		(3,581	)		(3,473	)		(7,253	)		(6,738	)
Selling, general, and administrative expenses		(2,062	)		(2,124	)		(4,142	)		(4,243	)
Depreciation and amortization		(43	)		(24	)		(87	)		(53	)
Segment income		2,274			2,075			4,274			4,135
Principal Investments - United Online segment:
Revenues - Services and fees		12,952			—			26,255			—
Revenues - Sale of goods		63			—			142			—
Total revenues		13,015			—			26,397			—
Direct cost of services		(3,141	)		—			(6,736	)		—
Cost of goods sold		(130	)		—			(189	)		—
Selling, general, and administrative expenses		(2,791	)		—			(6,103	)		—
Depreciation and amortization		(1,770	)		—			(3,610	)		—
Restructuring costs		(109	)		—			(483	)		—
Segment income		5,074			—			9,276			—
Consolidated operating income from reportable segments		9,811			3,247			24,447			6,899
Corporate and other expenses (including restructuring costs of $2,182 for the three and six months ended June 30, 2017)		(7,251	)		(3,067	)		(11,176	)		(5,054	)
Interest income		150			3			282			6
Interest expense		(1,894	)		(275	)		(2,685	)		(407	)
Income (loss) before income taxes		816			(92	)		10,868			1,444
Benefit (provision) for income taxes		2,547			65			6,396			(101	)
Net income (loss)		3,363			(27	)		17,264			1,343
Net income (loss) attributable to noncontrolling interests		83			74			(37	)		1,196
Net income (loss) attributable to B. Riley Financial, Inc.	$	3,280		$	(101	)	$	17,301		$	147

The following table presents revenues by geographical area:

	Three Months Ended June 30,					Six Months Ended June 30,
	2017			2016		2017		2016
Revenues:
Revenues - Services and fees:
North America	$	64,310		$	19,600	$	115,372	$	39,538
Australia		99			—		1,039		—
Europe		(14	)		661		802		667
Total Revenues - Services and fees	$	64,395		$	20,261	$	117,213	$	40,205
Revenues - Sale of goods
North America	$	63		$	—	$	142	$	2
Revenues - Interest income - Securities lending:
North America	$	2,218		$	—	$	2,218	$	—
Total Revenues:
North America	$	66,591		$	19,600	$	117,732	$	39,540
Australia		99			—		1,039		—
Europe		(14	)		661		802		667
Total Revenues	$	66,676		$	20,261	$	119,573	$	40,207

The following table presents long-lived assets, which consists of property and equipment and other assets, by geographical area:

	As of		As of
	June 30,		December 31,
	2017		2016
Long-lived Assets - Property and Equipment, net:
North America	$	13,450	$	5,785
Australia		—		—
Europe		—		—
Total	$	13,450	$	5,785