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CONDENSED FINANCIAL INFORMATION OF REGISTRANT Parent Company Only Information - Condensed statements of operations (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Revenues $ 1,643,600 $ 1,080,670 $ 1,554,698
Operating expenses:      
Selling, general and administrative expenses 828,903 714,614 906,196
Interest expense - Securities lending and loan participations sold 145,435 66,495 52,631
Total operating expenses 1,498,947 1,011,222 1,040,170
Operating income 144,653 69,448 514,528
Other income (expense):      
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
(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
Equity in (loss) income of subsidiaries (5,721) 3,235 5,748
Net (loss) income attributable to B. Riley Financial, Inc. (99,910) (159,829) 445,054
Other comprehensive income (2,699) 1,390 257
Parent Company      
Revenues:      
Revenues 17,066 805 10,697
Operating expenses:      
Selling, general and administrative expenses 40,053 39,146 41,369
Interest expense - Securities lending and loan participations sold 0 0 323
Total operating expenses 40,053 39,146 41,692
Operating income (22,987) (38,341) (30,995)
Other income (expense):      
Interest and dividend income 201 272 4,591
Realized and unrealized (losses) gains on investments 0 0 129,351
Change in fair value of financial instruments and other 0 0 (6,514)
(Loss) income from equity method investments 0 0 (384)
Interest expense (103,212) (100,087) (81,479)
(Loss) income before income taxes (125,998) (138,156) 14,570
Benefit from (provision for) income taxes 32,192 34,788 (4,237)
Net (loss) income (93,806) (103,368) 10,333
Equity in (loss) income of subsidiaries (6,104) (56,461) 434,721
Net (loss) income attributable to B. Riley Financial, Inc. (99,910) (159,829) 445,054
Other comprehensive income 2,699 (4,720) (257)
Comprehensive Income (Loss), Tax $ (97,211) $ (164,549) $ 444,797