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BUSINESS SEGMENTS (Tables)
 9 Months Ended
Sep. 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     Nine Months Ended  
    September 30,     September 30,  
    2017     2016     2017     2016  
Capital Markets reportable segment:                                
Revenues - Services and fees   $ 56,473     $ 10,063     $ 95,872     $ 22,799  
Interest income - Securities lending     7,206       —       9,424       —  
Total revenues     63,679       10,063       105,296       22,799  
Selling, general, and administrative expenses     (53,955 )     (8,916 )     (87,753 )     (22,535 )
Restructuring costs     (3,322 )     —       (7,245 )     —  
Interest expense - Securities lending     (4,950 )     —       (6,515 )     —  
Depreciation and amortization     (1,636 )     (138 )     (2,167 )     (406 )
Segment (loss) income     (184 )     1,009       1,616       (142 )
Auction and Liquidation reportable segment:                                
Revenues - Services and fees     7,376       17,058       43,179       29,358  
Revenues - Sale of goods     1       6,503       1       6,505  
Total revenues     7,377       23,561       43,180       35,863  
Direct cost of services     (3,385 )     (4,365 )     (25,482 )     (9,870 )
Cost of goods sold     (2 )     (2,223 )     (2 )     (2,225 )
Selling, general, and administrative expenses     (1,963 )     (3,976 )     (6,562 )     (6,840 )
Depreciation and amortization     (5 )     (6 )     (15 )     (22 )
Segment income     2,022       12,991       11,119       16,906  
Valuation and Appraisal reportable segment:                                
Revenues - Services and fees     9,043       7,696       24,799       22,865  
Direct cost of services     (3,778 )     (3,549 )     (11,031 )     (10,287 )
Selling, general, and administrative expenses     (2,253 )     (2,136 )     (6,395 )     (6,379 )
Depreciation and amortization     (43 )     (19 )     (130 )     (72 )
Segment income     2,969       1,992       7,243       6,127  
Principal Investments - United Online segment:                                
Revenues - Services and fees     12,249       15,483       38,504       15,483  
Revenues - Sale of goods     78       163       220       163  
Total revenues     12,327       15,646       38,724       15,646  
Direct cost of services     (2,975 )     (4,927 )     (9,711 )     (4,927 )
Cost of goods sold     (122 )     (168 )     (311 )     (168 )
Selling, general, and administrative expenses     (2,433 )     (2,139 )     (8,536 )     (2,139 )
Depreciation and amortization     (1,703 )     (1,802 )     (5,313 )     (1,802 )
Restructuring costs     (150 )     (3,187 )     (633 )     (3,187 )
Segment income     4,944       3,423       14,220       3,423  
Consolidated operating income from reportable segments     9,751       19,415       34,198       26,314  
                                 
Corporate and other expenses (including restructuring costs of $1,424 and $3,606 during the three and nine months ended September 30, 2017, respectively, and $398 during the three and nine months ended September 30, 2016)     (8,395 )     (3,993 )     (19,571 )     (9,047 )
Interest income     76       26       358       32  
Loss on equity investment     (157 )     —       (157 )     —  
Interest expense     (2,510 )     (991 )     (5,195 )     (1,398 )
(Loss) income before income taxes     (1,235 )     14,457       9,633       15,901  
Benefit from (provision for) income taxes     1,357       (6,083 )     7,753       (6,184 )
Net income     122       8,374       17,386       9,717  
Net (loss) income attributable to noncontrolling interests     (246 )     (565 )     (283 )     631  
Net income attributable to B. Riley Financial, Inc.   $ 368     $ 8,939     $ 17,669     $ 9,086  

 

The following table presents revenues by geographical area:

 

    Three Months Ended
September 30,		     Nine Months Ended
September 30,		  
    2017     2016     2017     2016  
Revenues:                        
Revenues - Services and fees:                                
North America   $ 85,128     $ 49,882     $ 200,500     $ 89,790  
Australia     —       —       940       —  
Europe     13       418       914       715  
Total Revenues - Services and fees   $ 85,141     $ 50,300     $ 202,354     $ 90,505  
                                 
Revenues - Sale of goods                                
North America   $ 79     $ 163     $ 221     $ 165  
Europe     —       6,503       —       6,503  
Total Revenues - Sale of goods   $ 79     $ 6,666     $ 221     $ 6,668  
                                 
Revenues - Interest income - Securities lending:                                
North America   $ 7,206     $ —     $ 9,424     $ —  
                                 
Total Revenues:                                
North America   $ 92,406     $ 50,045     $ 210,138     $ 89,955  
Australia     —       —       940       —  
Europe     20       6,921       921       7,218  
Total Revenues   $ 92,426     $ 56,966     $ 211,999     $ 97,173  

 

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

 

    As of     As of  
    September 30,     December 31,  
    2017     2016  
Long-lived Assets - Property and Equipment, net:                
North America   $ 13,105     $ 5,785  
Australia     —       —  
Europe     —       —  
Total   $ 13,105     $ 5,785