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BUSINESS SEGMENTS (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment

			Three Months Ended March 31,
			2024						2023
Capital Markets segment:
Revenues - Services and fees			$	60,347					$	57,929
Trading (loss) income and fair value adjustments on loans			(30,468)						50,296
Interest income - Loans and securities lending			59,944						77,186
Total revenues			89,823						185,411
Selling, general and administrative expenses			(53,224)						(65,711)
Interest expense - Securities lending and loan participations sold			(35,383)						(32,424)
Depreciation and amortization			(771)						(1,256)
Segment income			445						86,020
Wealth Management segment:
Revenues - Services and fees			51,182						48,542
Trading income and fair value adjustments on loans			600						1,272
Total revenues			51,782						49,814
Selling, general and administrative expenses			(49,048)						(47,322)
Restructuring charge			—						(33)
Depreciation and amortization			(1,055)						(1,086)
Segment income			1,679						1,373
Auction and Liquidation segment:
Revenues - Services and fees			3,560						5,444
Revenues - Sale of goods			2,220						216
Total revenues			5,780						5,660
Direct cost of services			(1,456)						(3,128)
Cost of goods sold			(788)						(52)
Selling, general and administrative expenses			(1,508)						(2,280)
Segment income			2,028						200
Financial Consulting segment:
Revenues - Services and fees			35,085						25,010
Selling, general and administrative expenses			(28,860)						(21,149)

Depreciation and amortization			(85)						(78)
Segment income			6,140						3,783
Communications segment:
Revenues - Services and fees			81,070						85,052
Revenues - Sale of goods			1,296						1,867
Total revenues			82,366						86,919
Direct cost of services			(48,819)						(44,733)
Cost of goods sold			(1,359)						(2,168)
Selling, general and administrative expenses			(17,918)						(22,544)
Restructuring charge			(263)						(60)
Depreciation and amortization			(5,957)						(6,631)
Segment income			8,050						10,783
Consumer Products segment:
Revenues - Sale of goods			51,522						65,694
Cost of goods sold			(36,880)						(45,406)
Selling, general and administrative expenses			(15,525)						(19,294)
Depreciation and amortization			(1,997)						(2,608)
Restructuring charge			(526)						—
Segment loss			(3,406)						(1,614)
Consolidated operating income from reportable segments			14,936						100,545
All Other:
Revenues - Services and fees			26,059						13,582
Revenues - Sale of goods			615						—
Total revenues			26,674						13,582
Direct cost of services			(10,851)						(6,536)
Cost of goods sold			(588)						—
Corporate and other expenses			(33,600)						(22,668)
Interest income			669						2,574
Dividend income			11,815						13,204
Realized and unrealized losses on investments			(29,545)						(28,442)
Change in fair value of financial instruments and other			314						(209)
Loss on equity investments			(4)						(10)
Interest expense			(44,864)						(47,561)
(Loss) income before income taxes			(65,044)						24,479
Benefit from (provision for) income taxes			17,090						(7,919)
Net (loss) income			(47,954)						16,560
Net income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests			1,211						(595)
Net (loss) income attributable to B. Riley Financial, Inc.			(49,165)						17,155
Preferred stock dividends			2,015						2,012
Net (loss) income available to common shareholders			$	(51,180)					$	15,143

Schedule of revenues by geographical area

The following table presents revenues by geographical area:

			Three Months Ended March 31,
			2024						2023
Revenues
Revenues - Services and fees
North America			$	256,730					$	234,930
Europe			573						629
Total Revenues - Services and fees			257,303						235,559
Trading income and fair value adjustments on loans
North America			(29,868)						51,568
Revenues - Sale of goods
North America			28,894						37,947
Australia			2,624						3,459
Europe, Middle East, and Africa			16,017						17,428
Asia			6,354						6,224
Latin America			1,764						2,719
Total Revenues - Sale of goods			55,653						67,777
Revenues - Interest income - Loans and securities lending
North America			59,944						77,186
Total Revenues
North America			315,700						401,631
Australia			2,624						3,459
Europe, Middle East, and Africa			16,590						18,057
Asia			6,354						6,224
Latin America			1,764						2,719
Total Revenues			$	343,032					$	432,090

Long-Lived Assets by Geographic Areas

The following table presents long-lived assets, which consists of property and equipment, net, by geographical area:

			March 31, 2024						December 31, 2023
Long-lived Assets - Property and Equipment, net:
North America			$	23,596					$	24,594
Europe			352						396
Asia Pacific			125						133
Australia			73						83
Total			$	24,146					$	25,206

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

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