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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 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
September 30,
Nine Months Ended
September 30,
2023202220232022
Net (loss) income attributable to B. Riley Financial, Inc.$(73,823)$47,837 $(10,287)$(102,384)
Preferred stock dividends(2,015)(2,002)(6,042)(6,006)
Net (loss) income available to common shareholders$(75,838)$45,835 $(16,329)$(108,390)
  
Weighted average common shares outstanding:  
Basic29,961,068 28,293,064 28,933,546 28,068,160 
Effect of dilutive potential common shares:  
Restricted stock units and warrants— 1,675,353 — — 
Diluted29,961,068 29,968,417 28,933,546 28,068,160 
  
Basic (loss) income per common share$(2.53)$1.62 $(0.56)$(3.86)
Diluted (loss) income per common share$(2.53)$1.53 $(0.56)$(3.86)