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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of basic and diluted earnings per share
Basic and diluted earnings per share were calculated as follows:
Year Ended December 31,
202320222021
Net (loss) income attributable to B. Riley Financial, Inc.$(99,910)$(159,829)$445,054 
Preferred stock dividends(8,057)(8,008)(7,457)
Net (loss) income applicable to common shareholders$(107,967)$(167,837)$437,597 
Weighted average common shares outstanding:   
Basic29,265,099 28,188,530 27,366,292 
Effect of dilutive potential common shares:   
Restricted stock units and warrants— — 1,514,728 
Contingently issuable shares— — 124,582 
Diluted29,265,099 28,188,530 29,005,602 
Basic (loss) income per common share$(3.69)$(5.95)$15.99 
Diluted (loss) income per common share$(3.69)$(5.95)$15.09