XML 56 R44.htm IDEA: XBRL DOCUMENT v3.23.2
REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of revenues from contracts with customers Revenue from contracts with customers by the Company's six reportable operating segments and the All Other category during the three and six months ended months ended June 30, 2023 and 2022 was as follows:
Capital
Markets
Segment
Wealth
Management
Segment
Auction and
Liquidation
Segment
Financial
Consulting
Segment
Communications SegmentConsumer
Segment
All OtherTotal
Revenues for the three months ended June 30, 2023
       
Corporate finance, consulting and investment banking fees $30,727 $— $— $19,144 $— $— $— $49,871 
Wealth and asset management fees 1,258 44,449 — — — — — 45,707 
Commissions, fees and reimbursed expenses 7,946 3,006 8,885 12,068 — — — 31,905 
Subscription services — — — — 82,183 — — 82,183 
Sale of goods— — 1,676 — 1,640 55,071 — 58,387 
Advertising, licensing and other— — — — 1,133 5,041 9,669 15,843 
Total revenues from contracts with customers 39,931 47,455 10,561 31,212 84,956 60,112 9,669 283,896 
       
Interest income - Loans and securities lending 75,199 — — — — — — 75,199 
Trading gains on investments 32,685 473 — — — — — 33,158 
Fair value adjustment on loans 9,207 — — — — — — 9,207 
Other 5,030 (212)— — — — — 4,818 
Total revenues $162,052 $47,716 $10,561 $31,212 $84,956 $60,112 $9,669 $406,278 
Capital
Markets
Segment
Wealth
Management
Segment
Auction and
Liquidation
Segment
Financial
Consulting
Segment
Communications SegmentConsumer
Segment
All OtherTotal
Revenues for the three months ended June 30, 2022
       
Corporate finance, consulting and investment banking fees $35,473 $— $— $15,646 $— $— $— $51,119 
Wealth and asset management fees 2,519 53,291 — — — — — 55,810 
Commissions, fees and reimbursed expenses 11,336 3,311 2,488 8,664 — — — 25,799 
Subscription services — — — — 37,809 — — 37,809 
Sale of goods— — — — 1,887 — — 1,887 
Advertising, licensing and other
— — — — 2,226 5,174 611 8,011 
Total revenues from contracts with customers 49,328 56,602 2,488 24,310 41,922 5,174 611 180,435 
       
Interest income - Loans and securities lending 62,399 — 1,436 — — — — 63,835 
Trading (losses) gains on investments (108,329)1,528 — — — — — (106,801)
Fair value adjustment on loans (10,962)— — — — — — (10,962)
Other 8,855 4,259 —  — — — 13,114 
Total revenues $1,291 $62,389 $3,924 $24,310 $41,922 $5,174 $611 $139,621 
Capital
Markets
Segment
Wealth
Management
Segment
Auction and
Liquidation
Segment
Financial
Consulting
Segment
Communications
Segment
Consumer
Segment
All OtherTotal
Revenues for the six months ended June 30, 2023
Corporate finance, consulting and investment banking fees$69,877 $— $— $33,659 $— $— $— $103,536 
Wealth and asset management fees1,922 87,759 — — — — — 89,681 
Commissions, fees and reimbursed expenses17,164 6,935 14,329 22,563 — — — 60,991 
Subscription services— — — — 165,190 — — 165,190 
Sale of goods— — 1,892 — 3,507 120,765 — 126,164 
Advertising, licensing and other
— — — — 3,178 9,350 18,942 31,470 
Total revenues from contracts with customers88,963 94,694 16,221 56,222 171,875 130,115 18,942 577,032 
Interest income - Loans and securities lending152,385 — — — — — — 152,385 
Trading gains on investments39,705 1,745 — — — — — 41,450 
Fair value adjustment on loans52,483 — — — — — — 52,483 
Other13,927 1,091 — — — — — 15,018 
Total revenues$347,463 $97,530 $16,221 $56,222 $171,875 $130,115 $18,942 $838,368 
Capital
Markets
Segment
Wealth
Management
Segment
Auction and
Liquidation
Segment
Financial
Consulting
Segment
Communications
Segment
Consumer
Segment
All OtherTotal
Revenues for the six months ended June 30, 2022
Corporate finance, consulting and investment banking fees$77,146 $— $— $32,616 $— $— $— $109,762 
Wealth and asset management fees 4,919 117,513 — — — — — 122,432 
Commissions, fees and reimbursed expenses 23,381 16,161 5,843 17,630 — — — 63,015 
Subscription services— — — — 65,622 — — 65,622 
Sale of goods— — — — 3,765 — — 3,765 
Advertising, licensing and other
— — — — 4,500 9,731 1,310 15,541 
Total revenues from contracts with customers105,446 133,674 5,843 50,246 73,887 9,731 1,310 380,137 
Interest income - Loans and securities lending123,825 — 1,436 — — — — 125,261 
Trading (losses) gains on investments(139,067)2,050 — — — — — (137,017)
Fair value adjustment on loans(24)— — — — — — (24)
Other13,960 4,144 — — — — — 18,104 
Total revenues$104,140 $139,868 $7,279 $50,246 $73,887 $9,731 $1,310 $386,461