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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Services and fees $ 1,002,370 $ 895,623 $ 1,153,225
Trading income (loss) and fair value adjustments on loans 41,828 (202,628) 220,545
Interest income - Loans and securities lending 284,896 245,400 122,723
Revenues - Sale of goods 314,506 142,275 58,205
Total revenues 1,643,600 1,080,670 1,554,698
Operating expenses:      
Direct cost of services 238,794 142,455 54,390
Cost of goods sold 213,351 78,647 26,953
Selling, general and administrative expenses 828,903 714,614 906,196
Restructuring charge 2,131 9,011 0
Impairment of goodwill and tradenames 70,333 0 0
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):      
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
Basic income per common share (in dollars per share) $ (3.69) $ (5.95) $ 15.99
Diluted income per common share (in dollars per share) $ (3.69) $ (5.95) $ 15.09
Weighted average basic common shares outstanding (in shares) 29,265,099 28,188,530 27,366,292
Weighted average diluted common shares outstanding (in shares) 29,265,099 28,188,530 29,005,602