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BUSINESS SEGMENTS - Schedule of reportable segments (Details) - USD ($)
$ in Thousands
 9 Months Ended 12 Months Ended
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]        
Services and fees   $ 1,002,370 $ 895,623 $ 1,153,225
Revenues - Sale of goods   314,506 142,275 58,205
Cost of goods sold   (213,351) (78,647) (26,953)
Trading income (loss) and fair value adjustments on loans   41,828 (202,628) 220,545
Total revenues   1,643,600 1,080,670 1,554,698
Selling, general and administrative expenses   (828,903) (714,614) (906,196)
Restructuring charge   (2,131) (9,011) 0
Interest expense - Securities lending and loan participations sold   (145,435) (66,495) (52,631)
Depreciation and amortization   (49,604) (39,969) (25,871)
Impairment of goodwill and tradenames $ (35,500) (70,333) 0 0
Operating income   144,653 69,448 514,528
Interest income   3,875 2,735 229
Dividend income   47,776 35,874 19,732
Realized and unrealized (losses) gains on investments   (162,589) (201,079) 166,131
Change in fair value of financial instruments and other   (4,748) 10,188 3,796
Gain on bargain purchase   15,903 0 0
(Loss) income from equity method investments   (181) 3,570 2,801
Interest expense   (187,013) (141,186) (92,455)
(Loss) income before income taxes   142,324 220,450 (614,762)
Benefit from (provision for) income taxes   36,693 63,856 (163,960)
Net (loss) income   (105,631) (156,594) 450,802
Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests   (5,721) 3,235 5,748
Net (loss) income attributable to B. Riley Financial, Inc.   (99,910) (159,829) 445,054
Preferred stock dividends   8,057 8,008 7,457
Net (loss) income available to common shareholders   (107,967) (167,837) 437,597
Net (loss) income available to common shareholders   (107,967) (167,837) 437,597
Interest income - Loans and securities lending   284,896 245,400 122,723
Operating Segments        
Segment Reporting Information [Line Items]        
Revenues - Sale of goods   364 0 0
Direct cost of services   (30,072) (9,849) 0
Cost of goods sold   (353) 0 0
Total revenues   66,492 32,737 20,308
Operating income   206,746 114,702 559,048
Corporate And Reconciling Items        
Segment Reporting Information [Line Items]        
Services and fees   66,128 32,737 20,308
Corporate and other expenses   (98,160) (68,142) (64,828)
Capital Markets Segment        
Segment Reporting Information [Line Items]        
Total revenues   571,002 327,596 891,230
Capital Markets Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees   249,036 292,933 555,585
Trading income (loss) and fair value adjustments on loans   37,070 (206,150) 212,922
Interest income - Loan   284,896 240,813 122,723
Total revenues   571,002 327,596 891,230
Selling, general and administrative expenses   (224,993) (171,006) (345,455)
Interest expense - Securities lending and loan participations sold   (145,435) (66,495) (52,631)
Depreciation and amortization   (3,998) (8,493) (2,136)
Impairment of tradenames   (1,733) 0 0
Operating income   194,843 81,602 491,008
Wealth Management Segment        
Segment Reporting Information [Line Items]        
Total revenues   198,245 234,257 381,984
Wealth Management Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees   193,487 230,735 374,361
Trading income (loss) and fair value adjustments on loans   4,758 3,522 7,623
Total revenues   198,245 234,257 381,984
Selling, general and administrative expenses   (190,779) (258,134) (357,130)
Restructuring charge   (61) (4,955) 0
Depreciation and amortization   (4,308) (5,488) (8,920)
Operating income   3,097 (34,320) 15,934
Auction and Liquidation segment:        
Segment Reporting Information [Line Items]        
Total revenues   103,265 74,096 73,517
Auction and Liquidation segment: | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees   29,062 12,581 20,169
Revenues - Sale of goods   74,203 56,928 53,348
Direct cost of services   (24,729) (23,920) (30,719)
Cost of goods sold   (40,515) (17,893) (20,675)
Interest income - Loan   0 4,587 0
Total revenues   103,265 74,096 73,517
Selling, general and administrative expenses   (16,650) (19,683) (14,069)
Operating income   21,371 12,600 8,054
Financial Consulting Segment        
Segment Reporting Information [Line Items]        
Total revenues   133,705 98,508 94,312
Financial Consulting Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees   133,705 98,508 94,312
Selling, general and administrative expenses   (102,930) (81,891) (77,062)
Depreciation and amortization   (355) (305) (356)
Operating income   30,420 16,312 16,894
Communications Segment        
Segment Reporting Information [Line Items]        
Total revenues   337,689 235,655 93,347
Communications Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Services and fees   330,952 228,129 88,490
Revenues - Sale of goods   6,737 7,526 4,857
Direct cost of services   (183,993) (108,686) (23,671)
Cost of goods sold   (7,848) (8,592) (6,278)
Total revenues   337,689 235,655 93,347
Selling, general and administrative expenses   (83,642) (64,836) (25,493)
Restructuring charge   (1,540) (4,056) 0
Depreciation and amortization   (25,941) (19,165) (10,747)
Operating income   34,725 30,320 27,158
Consumer Products Segment        
Segment Reporting Information [Line Items]        
Total revenues   233,202 77,821  
Consumer Products Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues - Sale of goods   233,202 77,821 0
Cost of goods sold   (164,635) (52,162) 0
Selling, general and administrative expenses   (67,229) (15,303) 0
Restructuring charge   (530) 0 0
Depreciation and amortization   (9,918) (2,168) 0
Impairment of goodwill and tradenames   (68,600) 0 0
Operating income   $ (77,710) $ 8,188 $ 0