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BUSINESS SEGMENTS - Schedule of reportable segments (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Segment Reporting Information [Line Items]        
Services and fees $ 278,023 $ 257,310 $ 743,909 $ 651,786
Trading (loss) income and fair value adjustments on loans (10,587) (6,917) 83,346 (143,958)
Sale of goods 125,146 4,130 251,310 7,895
Interest income - Loans and securities lending 69,730 57,594 222,115 182,855
Total revenues 462,312 312,117 1,300,680 698,578
Direct cost of services (67,850) (44,523) (178,188) (73,959)
Cost of goods sold (78,053) (3,089) (165,996) (7,334)
Selling, general and administrative expenses (221,688) (163,727) (623,200) (506,062)
Interest expense - Securities lending and loan participations sold (38,368) (17,447) (106,572) (43,757)
Depreciation and amortization     (38,102) (26,526)
Restructuring charge (228) (8,016) (949) (8,016)
Impairment of goodwill and tradenames 35,500 0 37,233 0
Operating income (loss) 20,625 75,315 188,542 59,450
Interest income 180 686 3,455 1,253
Dividend income 12,876 9,175 35,635 26,279
Realized and unrealized (losses) gains on investments (75,361) 19,071 (84,960) (136,205)
Change in fair value of financial instruments and other (4,170) (574) (3,998) 9,728
(Loss) income from equity investments (308) (91) (175) 3,285
Interest expense (45,229) (34,587) (140,122) (96,787)
(Loss) income before income taxes (91,387) 68,995 (1,623) (132,997)
Benefit from (provision for) income taxes 15,079 (16,350) (14,344) 39,858
Net (loss) income (76,308) 52,645 (15,967) (93,139)
Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests (2,485) 4,808 (5,680) 9,245
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)
Net (loss) income available to common shareholders (75,838) 45,835 (16,329) (108,390)
Operating Segments        
Segment Reporting Information [Line Items]        
Operating income (loss) 42,956 95,679 247,653 104,536
All Other        
Segment Reporting Information [Line Items]        
Services and fees 9,928 4,072 28,870 5,382
Total revenues 9,928 4,072 28,870 5,382
Direct cost of services (6,604) (3,009) (19,543) (3,009)
Corporate and other expenses (25,655) (21,427) (68,438) (47,459)
Interest income 180 686 3,455 1,253
Dividend income 12,876 9,175 35,635 26,279
Realized and unrealized (losses) gains on investments (75,361) 19,071 (84,960) (136,205)
Change in fair value of financial instruments and other (4,170) (574) (3,998) 9,728
(Loss) income from equity investments (308) (91) (175) 3,285
Interest expense (45,229) (34,587) (140,122) (96,787)
Capital Markets Segment        
Segment Reporting Information [Line Items]        
Impairment of goodwill and tradenames 0 0 (1,733) 0
Capital Markets Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 80,913 104,042 183,803 223,448
Trading (loss) income and fair value adjustments on loans (11,077) (7,944) 81,111 (147,035)
Interest income - Loans and securities lending 69,730 55,054 222,115 178,879
Total revenues 139,566 151,152 487,029 255,292
Selling, general and administrative expenses (62,898) (35,673) (174,479) (115,655)
Interest expense - Securities lending and loan participations sold (38,368) (17,447) (106,572) (43,757)
Depreciation and amortization (900) (2,174) (3,149) (6,271)
Operating income (loss) 37,400 95,858 201,096 89,609
Wealth Management Segment        
Segment Reporting Information [Line Items]        
Restructuring charge       (4,107)
Wealth Management Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 50,875 47,145 146,660 184,963
Trading (loss) income and fair value adjustments on loans 490 1,027 2,235 3,077
Total revenues 51,365 48,172 148,895 188,040
Selling, general and administrative expenses (47,891) (52,302) (143,177) (206,438)
Depreciation and amortization (1,075) (1,261) (3,243) (4,402)
Restructuring charge 0 (4,106) (61) (4,106)
Operating income (loss) 2,399 (9,497) 2,414 (26,906)
Auction and Liquidation Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 12,488 1,949 26,817 7,792
Sale of goods 65,117 2,550 67,009 2,550
Interest income - Loans and securities lending 0 2,540 0 3,976
Total revenues 77,605 7,039 93,826 14,318
Direct cost of services (15,234) (2,999) (21,815) (6,630)
Cost of goods sold (35,836) (1,235) (36,506) (1,235)
Selling, general and administrative expenses (8,405) (2,228) (12,987) (6,225)
Operating income (loss) 18,130 577 22,518 228
Financial Consulting Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 37,360 22,835 93,582 73,081
Total revenues 37,360 22,835 93,582 73,081
Selling, general and administrative expenses (26,769) (20,056) (70,709) (60,947)
Depreciation and amortization (88) (75) (269) (234)
Operating income (loss) 10,503 2,704 22,604 11,900
Communications Segment        
Segment Reporting Information [Line Items]        
Restructuring charge       (3,909)
Communications Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 82,155 72,244 250,523 142,366
Sale of goods 1,638 1,580 5,145 5,345
Total revenues 83,793 73,824 255,668 147,711
Direct cost of services (46,012) (38,515) (136,830) (64,320)
Cost of goods sold (1,750) (1,854) (5,964) (6,099)
Selling, general and administrative expenses (21,655) (21,047) (64,440) (41,468)
Depreciation and amortization (6,739) (6,060) (19,775) (12,799)
Restructuring charge (145) (3,910) (402) (3,910)
Operating income (loss) 7,492 2,438 28,257 19,115
Consumer Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees 4,304 5,023 13,654 14,754
Sale of goods 58,391 0 179,156 0
Total revenues 62,695 5,023 192,810 14,754
Cost of goods sold (40,467) 0 (123,526) 0
Selling, general and administrative expenses (16,981) (845) (54,424) (2,419)
Depreciation and amortization (2,632) (579) (8,110) (1,745)
Restructuring charge (83) 0 (486) 0
Impairment of goodwill and tradenames 35,500 0 35,500 0
Operating income (loss) $ (32,968) $ 3,599 $ (29,236) $ 10,590