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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of basic and diluted earnings per share
Basic and diluted earnings per share were calculated as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202220232022
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) applicable to common shareholders$44,366 $(142,161)$59,509 $(154,225)
  
Weighted average common shares outstanding:  
Basic28,239,116 28,051,570 28,411,270 27,953,845 
Effect of dilutive potential common shares:  
Restricted stock units and warrants415,130 — 671,615 — 
Diluted28,654,246 28,051,570 29,082,885 27,953,845 
  
Basic income (loss) per common share$1.57 $(5.07)$2.09 $(5.52)
Diluted income (loss) per common share$1.55 $(5.07)$2.05 $(5.52)