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BUSINESS SEGMENTS - Schedule of reportable segments (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Segment Reporting Information [Line Items]    
Services and fees $ 235,559 $ 202,814
Trading income (loss) and fair value adjustments on loans 51,568 (19,278)
Interest income - Loans and securities lending 77,186 61,426
Sale of goods 67,777 1,878
Revenues 432,090 246,840
Direct cost of services (54,397) (11,651)
Cost of goods sold (47,626) (2,251)
Selling, general and administrative expenses (212,627) (175,199)
Interest expense - Securities lending and loan participations sold (32,424) (11,766)
Depreciation and amortization (13,077) (7,848)
Restructuring charge (93) 0
Operating income 84,923 45,973
Interest income 2,574 67
Dividend income 13,204 7,861
Realized and unrealized gains (losses) on investments (28,442) (49,112)
Change in fair value of financial instruments and other (209) 5,981
(Loss) income from equity investments (10) 6,775
Interest expense (47,561) (30,436)
Income (loss) before income taxes 24,479 (12,891)
(Provision for) benefit from income taxes (7,919) 3,695
Net income (loss) 16,560 (9,196)
Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests (595) 866
Net income (loss) attributable to B. Riley Financial, Inc. 17,155 (10,062)
Preferred stock dividends 2,012 2,002
Net income (loss) available to common shareholders 15,143 (12,064)
Net income (loss) available to common shareholders 15,143 (12,064)
Operating Segments    
Segment Reporting Information [Line Items]    
Operating income 103,805 61,276
Corporate And Reconciling Items    
Segment Reporting Information [Line Items]    
Services and fees 9,273 699
Direct cost of services (6,536) 0
Corporate and other expenses (21,619) (16,002)
Capital Markets Segment    
Segment Reporting Information [Line Items]    
Interest income - Loans and securities lending 77,186 61,426
Revenues 185,411 102,849
Capital Markets Segment | Operating Segments    
Segment Reporting Information [Line Items]    
Services and fees 57,929 61,223
Trading income (loss) and fair value adjustments on loans 50,296 (19,800)
Interest income - Loans and securities lending 77,186 61,426
Revenues 185,411 102,849
Selling, general and administrative expenses (65,711) (34,117)
Interest expense - Securities lending and loan participations sold (32,424) (11,766)
Depreciation and amortization (1,256) (1,893)
Operating income 86,020 55,073
Wealth Management Segment    
Segment Reporting Information [Line Items]    
Interest income - Loans and securities lending 0 0
Revenues 49,814 77,479
Wealth Management Segment | Operating Segments    
Segment Reporting Information [Line Items]    
Services and fees 48,542 76,957
Trading income (loss) and fair value adjustments on loans 1,272 522
Revenues 49,814 77,479
Selling, general and administrative expenses (47,322) (85,742)
Depreciation and amortization (1,086) (1,833)
Restructuring charge (33) 0
Operating income 1,373 (10,096)
Auction and Liquidation Segment    
Segment Reporting Information [Line Items]    
Interest income - Loans and securities lending 0 0
Revenues 5,660 3,355
Auction and Liquidation Segment | Operating Segments    
Segment Reporting Information [Line Items]    
Services and fees 5,444 3,355
Sale of goods 216 0
Revenues 5,660 3,355
Direct cost of services (3,128) (2,335)
Cost of goods sold (52) 0
Selling, general and administrative expenses (2,280) (1,820)
Operating income 200 (800)
Financial Consulting Segment    
Segment Reporting Information [Line Items]    
Interest income - Loans and securities lending 0 0
Revenues 25,010 25,936
Financial Consulting Segment | Operating Segments    
Segment Reporting Information [Line Items]    
Services and fees 25,010 25,936
Selling, general and administrative expenses (21,149) (20,943)
Depreciation and amortization (78) (81)
Operating income 3,783 4,912
Communications Segment    
Segment Reporting Information [Line Items]    
Interest income - Loans and securities lending 0 0
Revenues 86,919 31,965
Communications Segment | Operating Segments    
Segment Reporting Information [Line Items]    
Services and fees 85,052 30,087
Sale of goods 1,867 1,878
Revenues 86,919 31,965
Direct cost of services (44,733) (9,316)
Cost of goods sold (2,168) (2,251)
Selling, general and administrative expenses (22,544) (8,245)
Depreciation and amortization (6,631) (3,184)
Restructuring charge (60) 0
Operating income 10,783 8,969
Consumer Segment    
Segment Reporting Information [Line Items]    
Interest income - Loans and securities lending 0 0
Revenues 70,003 4,557
Consumer Segment | Operating Segments    
Segment Reporting Information [Line Items]    
Services and fees 4,309 4,557
Sale of goods 65,694 0
Revenues 70,003 4,557
Cost of goods sold (45,406) 0
Selling, general and administrative expenses (20,112) (756)
Depreciation and amortization (2,839) (583)
Operating income $ 1,646 $ 3,218