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BUSINESS SEGMENTS - Schedule of reportable segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Segment Reporting Information [Line Items]        
Services and fees $ 200,905 $ 266,143 $ 411,580 $ 555,612
Trading (losses) income and fair value adjustments on loans (223,927) 32,679 (292,317) 299,621
Interest income - Loans and securities lending 63,835 25,491 125,261 62,411
Sale of goods 1,887 12,457 3,765 19,285
Total revenues 42,700 336,770 248,289 936,929
Direct cost of services (17,785) (12,094) (29,436) (23,416)
Cost of goods sold (1,994) (3,626) (4,245) (8,952)
Selling, general and administrative expenses (167,136) (199,922) (342,335) (391,266)
Interest expense - Securities lending and loan participations sold (14,544) (10,983) (26,310) (30,172)
Depreciation and amortization     (15,809) (12,924)
Operating (loss) income (158,759) 110,145 (154,037) 483,123
Corporate and other expenses (9,358) (11,822) (24,536) (24,020)
Interest income 500 56 567 105
Change in fair value of financial instruments and other 4,321 6,509 10,302 6,509
(Loss) income from equity investments (3,399) (852) 3,376 23
Interest expense (31,764) (20,856) (62,200) (40,642)
(Loss) income before income taxes (189,101) 95,002 (201,992) 449,118
Benefit from (provision for) income taxes 52,513 (19,902) 56,208 (117,420)
Net (loss) income (136,588) 75,100 (145,784) 331,698
Net income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests 3,571 (576) 4,437 1,366
Net (loss) income attributable to B. Riley Financial, Inc. (140,159) 75,676 (150,221) 330,332
Preferred stock dividends 2,002 1,789 4,004 3,538
Net (loss) income available to common shareholders (142,161) 73,887 (154,225) 326,794
Net (loss) income available to common shareholders (142,161) 73,887 (154,225) 326,794
Operating Segments        
Segment Reporting Information [Line Items]        
Operating (loss) income (149,401) 121,967 (129,501) 507,143
Capital Markets Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 62,399 25,491 123,825 62,411
Total revenues (95,630) 181,385 (34,032) 653,787
Capital Markets Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 67,426 125,997 136,510 296,976
Trading (losses) income and fair value adjustments on loans (225,455) 29,897 (294,367) 294,400
Interest income - Loans and securities lending 62,399 25,491 123,825 62,411
Total revenues (95,630) 181,385 (34,032) 653,787
Selling, general and administrative expenses (45,865) (65,473) (79,982) (151,613)
Interest expense - Securities lending and loan participations sold (14,544) (10,983) (26,310) (30,172)
Depreciation and amortization (2,204) (247) (4,097) (1,012)
Operating (loss) income (158,243) 104,682 (144,421) 470,990
Wealth Management Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 0 0 0 0
Total revenues 62,389 90,309 139,868 158,207
Wealth Management Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 60,861 87,444 137,818 152,986
Trading (losses) income and fair value adjustments on loans 1,528 2,865 2,050 5,221
Total revenues 62,389 90,309 139,868 158,207
Selling, general and administrative expenses (68,394) (88,702) (154,136) (150,174)
Depreciation and amortization (1,308) (2,340) (3,141) (4,739)
Operating (loss) income (7,313) (733) (17,409) 3,294
Auction and Liquidation Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 1,436 0 1,436 0
Sale of goods   11,743   17,835
Total revenues 3,924 17,277 7,279 30,727
Auction and Liquidation Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 2,488 5,534 5,843 12,892
Interest income - Loans and securities lending 1,436 0 1,436 0
Sale of goods 0 11,743 0 17,835
Total revenues 3,924 17,277 7,279 30,727
Direct cost of services (1,296) (7,540) (3,631) (14,120)
Cost of goods sold 0 (3,105) 0 (7,579)
Selling, general and administrative expenses (2,177) (3,077) (3,997) (4,566)
Operating (loss) income 451 3,555 (349) 4,462
Financial Consulting Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 0 0 0 0
Total revenues 24,310 23,735 50,246 45,144
Financial Consulting Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 24,310 23,735 50,246 45,144
Selling, general and administrative expenses (19,948) (19,471) (40,891) (37,460)
Depreciation and amortization (78) (89) (159) (187)
Operating (loss) income 4,284 4,175 9,196 7,497
Principal Investments- Communications and Other Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 0 0 0 0
Sale of goods   714   1,450
Total revenues 42,533 19,646 75,197 40,175
Principal Investments- Communications and Other Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 40,646 18,932 71,432 38,725
Sale of goods 1,887 714 3,765 1,450
Total revenues 42,533 19,646 75,197 40,175
Direct cost of services (16,489) (4,554) (25,805) (9,296)
Cost of goods sold (1,994) (521) (4,245) (1,373)
Selling, general and administrative expenses (12,808) (4,768) (21,836) (9,638)
Depreciation and amortization (3,595) (2,528) (6,820) (5,062)
Operating (loss) income 7,647 7,275 16,491 14,806
Brands Segment        
Segment Reporting Information [Line Items]        
Interest income - Loans and securities lending 0 0 0 0
Total revenues 5,174 4,418 9,731 8,889
Brands Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 5,174 4,501 9,731 8,889
Trading (losses) income and fair value adjustments on loans 0 (83) 0 0
Total revenues 5,174 4,418 9,731 8,889
Selling, general and administrative expenses (818) (690) (1,574) (1,366)
Depreciation and amortization (583) (715) (1,166) (1,429)
Operating (loss) income $ 3,773 $ 3,013 $ 6,991 $ 6,094