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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Services and fees $ 230,327 $ 191,662 $ 465,886 $ 394,476
Trading income (loss) and fair value adjustments on loans 42,365 (117,763) 93,933 (137,041)
Interest income - Loans and securities lending 75,199 63,835 152,385 125,261
Sale of goods 58,387 1,887 126,164 3,765
Total revenues 406,278 139,621 838,368 386,461
Operating expenses:        
Direct cost of services 55,941 17,785 110,338 29,436
Cost of goods sold 40,317 1,994 87,943 4,245
Selling, general and administrative expenses 188,885 167,136 401,512 342,335
Restructuring charge 628 0 721 0
Impairment of tradenames 1,733 0 1,733 0
Interest expense - Securities lending and loan participations sold 35,780 14,544 68,204 26,310
Total operating expenses 323,284 201,459 670,451 402,326
Operating (loss) income 82,994 (61,838) 167,917 (15,865)
Other income (expense):        
Interest income 701 500 3,275 567
Dividend income 9,555 9,243 22,759 17,104
Realized and unrealized gains (losses) on investments 18,843 (106,164) (9,599) (155,276)
Change in fair value of financial instruments and other 381 4,321 172 10,302
Income (loss) from equity investments 143 (3,399) 133 3,376
Interest expense (47,332) (31,764) (94,893) (62,200)
Income (loss) before income taxes 65,285 (189,101) 89,764 (201,992)
(Provision for) benefit from income taxes (21,504) 52,513 (29,423) 56,208
Net income (loss) 43,781 (136,588) 60,341 (145,784)
Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests (2,600) 3,571 (3,195) 4,437
Net income (loss) attributable to B. Riley Financial, Inc. 46,381 (140,159) 63,536 (150,221)
Preferred stock dividends 2,015 2,002 4,027 4,004
Net income (loss) available to common shareholders 44,366 (142,161) 59,509 (154,225)
Net income (loss) available to common shareholders $ 44,366 $ (142,161) $ 59,509 $ (154,225)
Basic (loss) income per common share (in dollars per share) $ 1.57 $ (5.07) $ 2.09 $ (5.52)
Diluted (loss) income per common share (in dollars per share) $ 1.55 $ (5.07) $ 2.05 $ (5.52)
Weighted average basic common shares outstanding (in shares) 28,239,116 28,051,570 28,411,270 27,953,845
Weighted average diluted common shares outstanding (in shares) 28,654,246 28,051,570 29,082,885 27,953,845