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BUSINESS SEGMENTS - Schedule of reportable segments (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Segment Reporting Information [Line Items]        
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)
Sale of goods 58,387 1,887 126,164 3,765
Interest income - Loans and securities lending 75,199 63,835 152,385 125,261
Total revenues 406,278 139,621 838,368 386,461
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)
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)
Depreciation and amortization     (25,611) (15,809)
Restructuring charge (628) 0 (721) 0
Operating (loss) income 82,994 (61,838) 167,917 (15,865)
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)
Operating Segments        
Segment Reporting Information [Line Items]        
Operating (loss) income 100,892 (52,419) 204,697 8,857
All Other        
Segment Reporting Information [Line Items]        
Services and fees 9,669 611 18,942 1,310
Total revenues 9,669 611 18,942 1,310
Direct cost of services (6,403) 0 (12,939) 0
Corporate and other expenses (21,164) (10,030) (42,783) (26,032)
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)
Capital Markets Segment        
Segment Reporting Information [Line Items]        
Impairment of tradenames (1,733) 0 (1,733) 0
Capital Markets Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 44,961 58,184 102,890 119,406
Trading income (loss) and fair value adjustments on loans 41,892 (119,292) 92,188 (139,091)
Interest income - Loans and securities lending 75,199 62,399 152,385 123,825
Total revenues 162,052 1,291 347,463 104,140
Selling, general and administrative expenses (45,870) (45,865) (111,581) (79,982)
Interest expense - Securities lending and loan participations sold (35,780) (14,544) (68,204) (26,310)
Depreciation and amortization (993) (2,204) (2,249) (4,097)
Operating (loss) income 77,676 (61,322) 163,696 (6,249)
Wealth Management Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 47,243 60,860 95,785 137,818
Trading income (loss) and fair value adjustments on loans 473 1,529 1,745 2,050
Total revenues 47,716 62,389 97,530 139,868
Selling, general and administrative expenses (47,964) (68,394) (95,286) (154,136)
Depreciation and amortization (1,082) (1,308) (2,168) (3,141)
Restructuring charge (28) 0 (61) 0
Operating (loss) income (1,358) (7,313) 15 (17,409)
Auction and Liquidation Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 8,885 2,488 14,329 5,843
Sale of goods 1,676 0 1,892 0
Interest income - Loans and securities lending 0 1,436 0 1,436
Total revenues 10,561 3,924 16,221 7,279
Direct cost of services (3,453) (1,296) (6,581) (3,631)
Cost of goods sold (618) 0 (670) 0
Selling, general and administrative expenses (2,302) (2,177) (4,582) (3,997)
Operating (loss) income 4,188 451 4,388 (349)
Financial Consulting Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 31,212 24,310 56,222 50,246
Total revenues 31,212 24,310 56,222 50,246
Selling, general and administrative expenses (22,791) (19,948) (43,940) (40,891)
Depreciation and amortization (103) (78) (181) (159)
Operating (loss) income 8,318 4,284 12,101 9,196
Communications Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 83,316 40,035 168,368 70,122
Sale of goods 1,640 1,887 3,507 3,765
Total revenues 84,956 41,922 171,875 73,887
Direct cost of services (46,085) (16,489) (90,818) (25,805)
Cost of goods sold (2,046) (1,994) (4,214) (4,245)
Selling, general and administrative expenses (20,241) (12,176) (42,785) (20,421)
Depreciation and amortization (6,405) (3,555) (13,036) (6,739)
Restructuring charge (197) 0 (257) 0
Operating (loss) income 9,982 7,708 20,765 16,677
Consumer Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 5,041 5,174 9,350 9,731
Sale of goods 55,071 0 120,765 0
Total revenues 60,112 5,174 130,115 9,731
Cost of goods sold (37,653) 0 (83,059) 0
Selling, general and administrative expenses (17,331) (818) (37,443) (1,574)
Depreciation and amortization (2,639) (583) (5,478) (1,166)
Restructuring charge (403) 0 (403) 0
Operating (loss) income $ 2,086 $ 3,773 $ 3,732 $ 6,991