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REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables) | 3 Months Ended
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Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of revenues from contracts with customers | Revenue from contracts with customers by the Company's six reportable operating segments and the All Other category during the three months ended March 31, 2024 and 2023 was as follows:
| Capital Markets Segment |  | Wealth Management Segment |  | Auction and Liquidation Segment |  | Financial Consulting Segment |  | Communications Segment |  | Consumer Products Segment |  | All Other |  | Total
Revenues for the three months ended March 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate finance, consulting and investment banking fees | $ | 50,163 |  |  | $ | — |  |  | $ | — |  |  | $ | 22,984 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 73,147 |
Wealth and asset management fees | 1,056 |  |  | 46,057 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 47,113 |
Commissions, fees and reimbursed expenses | 6,256 |  |  | 3,887 |  |  | 2,580 |  |  | 12,101 |  |  | — |  |  | — |  |  | — |  |  | 24,824 |
Subscription services | — |  |  | — |  |  | — |  |  | — |  |  | 79,738 |  |  | — |  |  | — |  |  | 79,738 |
Service contract revenues | — |  |  | — |  |  | 980 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 980 |
Sale of goods | — |  |  | — |  |  | 2,220 |  |  | — |  |  | 1,296 |  |  | 51,522 |  |  | 615 |  |  | 55,653 |
Advertising, licensing and other | — |  |  | — |  |  | — |  |  | — |  |  | 1,332 |  |  | — |  |  | 26,059 |  |  | 27,391 |
Total revenues from contracts with customers | 57,475 |  |  | 49,944 |  |  | 5,780 |  |  | 35,085 |  |  | 82,366 |  |  | 51,522 |  |  | 26,674 |  |  | 308,846 |
Interest income - Loans and securities lending | 59,944 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 59,944 |
Trading (losses) gains on investments | (18,267) |  |  | 600 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (17,667) |
Fair value adjustment on loans | (12,201) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (12,201) |
Other | 2,872 |  |  | 1,238 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,110 |
Total revenues | $ | 89,823 |  |  | $ | 51,782 |  |  | $ | 5,780 |  |  | $ | 35,085 |  |  | $ | 82,366 |  |  | $ | 51,522 |  |  | $ | 26,674 |  |  | $ | 343,032 |
| Capital Markets Segment |  | Wealth Management Segment |  | Auction and Liquidation Segment |  | Financial Consulting Segment |  | Communications Segment |  | Consumer Products Segment |  | All Other |  | Total
Revenues for the three months ended March 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate finance, consulting and investment banking fees | $ | 39,149 |  |  | $ | — |  |  | $ | — |  |  | $ | 14,515 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 53,664 |
Wealth and asset management fees | 664 |  |  | 43,310 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 43,974 |
Commissions, fees and reimbursed expenses | 9,218 |  |  | 3,928 |  |  | 5,444 |  |  | 10,495 |  |  | — |  |  | — |  |  | — |  |  | 29,085 |
Subscription services | — |  |  | — |  |  | — |  |  | — |  |  | 83,008 |  |  | — |  |  | — |  |  | 83,008 |
Sale of goods | — |  |  | — |  |  | 216 |  |  | — |  |  | 1,867 |  |  | 65,694 |  |  | — |  |  | 67,777 |
Advertising, licensing and other | — |  |  | — |  |  | — |  |  | — |  |  | 2,044 |  |  | — |  |  | 13,582 |  |  | 15,626 |
Total revenues from contracts with customers | 49,031 |  |  | 47,238 |  |  | 5,660 |  |  | 25,010 |  |  | 86,919 |  |  | 65,694 |  |  | 13,582 |  |  | 293,134 |
Interest income - Loans and securities lending | 77,186 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 77,186 |
Trading gains on investments | 7,020 |  |  | 1,272 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 8,292 |
Fair value adjustment on loans | 43,276 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 43,276 |
Other | 8,898 |  |  | 1,304 |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | 10,202 |
Total revenues | $ | 185,411 |  |  | $ | 49,814 |  |  | $ | 5,660 |  |  | $ | 25,010 |  |  | $ | 86,919 |  |  | $ | 65,694 |  |  | $ | 13,582 |  |  | $ | 432,090 |

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