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REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables) | 12 Months Ended
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Dec. 31, 2023
Revenue from Contract with Customer [Abstract] |
Reconciliation of Revenue from Segments to Consolidated | Revenue from contracts with customers from the Company's six reportable operating segments and the All Other category during the years ended December 31, 2023, 2022, and 2021 is reported below.
| Capital Markets |  | Wealth Management |  | Auction and Liquidation |  | Financial Consulting |  | Communications |  | Consumer Products |  | All Other |  | Total
Revenues for the year ended December 31, 2023: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate finance, consulting and investment banking fees | $ | 190,480 |  |  | $ | — |  |  | $ | — |  |  | $ | 83,045 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 273,525 |
Wealth and asset management fees | 4,060 |  |  | 177,283 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 181,343 |
Commissions, fees and reimbursed expenses | 32,436 |  |  | 9,993 |  |  | 29,062 |  |  | 50,660 |  |  | — |  |  | — |  |  | — |  |  | 122,151 |
Subscription services | — |  |  | — |  |  | — |  |  | — |  |  | 324,758 |  |  | — |  |  | — |  |  | 324,758 |
Sale of goods | — |  |  | — |  |  | 74,203 |  |  | — |  |  | 6,737 |  |  | 233,202 |  |  | 364 |  |  | 314,506 |
Advertising, licensing and other | — |  |  | — |  |  | — |  |  | — |  |  | 6,194 |  |  | — |  |  | 66,128 |  |  | 72,322 |
Total revenues from contracts with customers | 226,976 |  |  | 187,276 |  |  | 103,265 |  |  | 133,705 |  |  | 337,689 |  |  | 233,202 |  |  | 66,492 |  |  | 1,288,605 |
Interest income - Loans and securities lending | 284,896 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 284,896 |
Trading gains on investments | 16,845 |  |  | 4,758 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 21,603 |
Fair value adjustment on loans | 20,225 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 20,225 |
Other | 22,060 |  |  | 6,211 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 28,271 |
Total revenues | $ | 571,002 |  |  | $ | 198,245 |  |  | $ | 103,265 |  |  | $ | 133,705 |  |  | $ | 337,689 |  |  | $ | 233,202 |  |  | $ | 66,492 |  |  | $ | 1,643,600 |
| Capital Markets |  | Wealth Management |  | Auction and Liquidation |  | Financial Consulting |  | Communications |  | Consumer Products |  | All Other |  | Total
Revenues for the year ended December 31, 2022: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate finance, consulting and investment banking fees | $ | 169,955 |  |  | $ | — |  |  | $ | — |  |  | $ | 58,143 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 228,098 |
Wealth and asset management fees | 12,547 |  |  | 204,805 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 217,352 |
Commissions, fees and reimbursed expenses | 41,316 |  |  | 19,299 |  |  | 12,581 |  |  | 40,365 |  |  | — |  |  | — |  |  | — |  |  | 113,561 |
Subscription services | — |  |  | — |  |  | — |  |  | — |  |  | 219,379 |  |  | — |  |  | — |  |  | 219,379 |
Sale of goods | — |  |  | — |  |  | 56,928 |  |  | — |  |  | 7,526 |  |  | 77,821 |  |  | — |  |  | 142,275 |
Advertising, licensing and other | — |  |  | — |  |  | — |  |  | — |  |  | 8,750 |  |  | — |  |  | 32,737 |  |  | 41,487 |
Total revenues from contracts with customers | 223,818 |  |  | 224,104 |  |  | 69,509 |  |  | 98,508 |  |  | 235,655 |  |  | 77,821 |  |  | 32,737 |  |  | 962,152 |
Interest income - Loans and securities lending | 240,813 |  |  | — |  |  | 4,587 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 245,400 |
Trading (losses) gains on investments | (151,816) |  |  | 3,522 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (148,294) |
Fair value adjustment on loans | (54,334) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (54,334) |
Other | 69,115 |  |  | 6,631 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 75,746 |
Total revenues | $ | 327,596 |  |  | $ | 234,257 |  |  | $ | 74,096 |  |  | $ | 98,508 |  |  | $ | 235,655 |  |  | $ | 77,821 |  |  | $ | 32,737 |  |  | $ | 1,080,670 |
| Capital Markets |  | Wealth Management |  | Auction and Liquidation |  | Financial Consulting |  | Communications |  |  |  | All Other |  | Total
Revenues for the year ended December 31, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate finance, consulting and investment banking fees | $ | 484,247 |  |  | $ | — |  |  | $ | — |  |  | $ | 56,439 |  |  | $ | — |  |  |  |  | $ | — |  |  | $ | 540,686 |
Wealth and asset management fees | 6,769 |  |  | 282,711 |  |  | — |  |  | — |  |  | — |  |  |  |  | — |  |  | 289,480 |
Commissions, fees and reimbursed expenses | 48,382 |  |  | 75,776 |  |  | 19,079 |  |  | 37,873 |  |  | — |  |  |  |  | — |  |  | 181,110 |
Subscription services | — |  |  | — |  |  | — |  |  | — |  |  | 79,149 |  |  |  |  | — |  |  | 79,149 |
Service contract revenues | — |  |  | — |  |  | 1,090 |  |  | — |  |  | — |  |  |  |  | — |  |  | 1,090 |
Sale of goods | — |  |  | — |  |  | 53,348 |  |  | — |  |  | 4,857 |  |  |  |  | — |  |  | 58,205 |
Advertising, licensing and other | — |  |  | — |  |  | — |  |  | — |  |  | 9,341 |  |  |  |  | 20,308 |  |  | 29,649 |
Total revenues from contracts with customers | 539,398 |  |  | 358,487 |  |  | 73,517 |  |  | 94,312 |  |  | 93,347 |  |  |  |  | 20,308 |  |  | 1,179,369 |
Interest income - Loans and securities lending | 122,723 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  | — |  |  | 122,723 |
Trading gains on investments | 203,287 |  |  | 7,623 |  |  | — |  |  | — |  |  | — |  |  |  |  | — |  |  | 210,910 |
Fair value adjustment on loans | 9,635 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  | — |  |  | 9,635 |
Other | 16,187 |  |  | 15,874 |  |  | — |  |  | — |  |  | — |  |  |  |  | — |  |  | 32,061 |
Total revenues | $ | 891,230 |  |  | $ | 381,984 |  |  | $ | 73,517 |  |  | $ | 94,312 |  |  | $ | 93,347 |  |  |  |  | $ | 20,308 |  |  | $ | 1,554,698 |

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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