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CONDENSED FINANCIAL INFORMATION OF REGISTRANT Parent Company Only Information - Condensed statements of cash flows (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net (loss) income attributable to B. Riley Financial, Inc. $ (99,910) $ (159,829) $ 445,054
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Share-based compensation 45,109 61,140 36,011
Non-cash interest and other (9,652) (3,204) (22,322)
Depreciation and amortization 49,604 39,969 25,871
Loss on extinguishment of debt 5,294 (1,102) 6,131
Change in operating assets and liabilities:      
Net cash provided by operating activities 24,502 6,653 50,894
Cash flows from investing activities:      
Contributions to subsidiaries 544,957 503,146 738,909
Distributions from subsidiaries (606,716) (574,854) (172,119)
Net cash provided by (used in) investing activities 301,174 (32,291) (956,534)
Cash flows from financing activities:      
Proceeds from issuance of senior notes 219,157 64,878 80,000
Redemption of senior notes (58,924) 0 (507,348)
Payment of debt issuance and offering costs (303,034) (17,200) 0
ESPP and payment of employment taxes on vesting of restricted stock (7,591) (10,286) (9,620)
Common dividends paid (13,806) (530) (37,610)
Proceeds from term loan 628,187 324,200 300,000
Repurchase of common stock (520,803) (96,228) (20,684)
Proceeds from issuance of common stock 115,000 0 64,713
Proceeds from issuance of preferred stock 467 874 14,712
Net cash (used in) provided by financing activities (365,923) 17,637 1,081,045
(Decrease) increase in cash, cash equivalents and restricted cash (40,247) (8,001) 175,405
Cash, cash equivalents and restricted cash, beginning of year 270,926 279,860 104,837
Cash, cash equivalents and restricted cash, end of year 233,839 270,926 279,860
Parent Company      
Cash flows from operating activities:      
Net (loss) income attributable to B. Riley Financial, Inc. (99,910) (159,829) 445,054
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Equity in net loss of subsidiaries 6,104 56,461 (434,721)
Share-based compensation 16,241 21,743 13,419
Non-cash interest and other 5,228 4,631 3,041
Depreciation and amortization 606 646 686
Loss on extinguishment of debt 0 0 6,514
Change in operating assets and liabilities:      
Other assets 7,994 32,006 348,837
Accounts payable, accrued expenses and other liabilities 22,562 1,721 11,685
Other liabilities (2,268) (42,411) (27,561)
Net cash provided by operating activities (43,443) (85,032) 366,954
Cash flows from investing activities:      
Contributions to subsidiaries 392,984 342,031 1,349,077
Distributions from subsidiaries (580,000) (519,213) (522,824)
Net cash provided by (used in) investing activities 187,016 177,182 (826,253)
Cash flows from financing activities:      
Proceeds from issuance of senior notes 185 51,601 1,249,083
Redemption of senior notes (58,924) 0 (507,348)
Payment of debt issuance and offering costs (714) (1,041) (15,768)
ESPP and payment of employment taxes on vesting of restricted stock (7,591) (10,286) (9,620)
Common dividends paid (141,099) (119,454) (347,134)
Proceeds from term loan (8,057) (8,008) (7,458)
Repurchase of common stock (69,479) (6,516) (2,656)
Proceeds from issuance of common stock 115,000 0 64,713
Proceeds from issuance of preferred stock 467 874 14,712
Net cash (used in) provided by financing activities (170,212) (92,830) 438,524
(Decrease) increase in cash, cash equivalents and restricted cash (26,639) (680) (20,775)
Cash, cash equivalents and restricted cash, beginning of year 27,786 28,466 49,241
Cash, cash equivalents and restricted cash, end of year $ 1,147 $ 27,786 $ 28,466