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REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables) | 12 Months Ended
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Dec. 31, 2024
Revenue from Contract with Customer [Abstract] |
Reconciliation of revenue from segments to consolidated | Revenue from contracts with customers from the Company's six reportable operating segments and the All Other category during the years ended December 31, 2024, 2023, and 2022 is reported below.
| Capital Markets |  | Wealth Management |  |  |  | Financial Consulting |  | Communications |  | Consumer Products |  | E-Commerce |  | Corp & All Other |  | Total
Revenues for the year ended December 31, 2024: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate finance, consulting and investment banking fees | $ | 154,388 |  |  | $ | — |  |  |  |  | $ | 92,176 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 246,564 |
Wealth and asset management fees | 4,795 |  |  | 180,464 |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 185,259 |
Commissions, fees and reimbursed expenses | 22,905 |  |  | 9,472 |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 32,377 |
Subscription services | — |  |  | — |  |  |  |  | — |  |  | 284,315 |  |  | — |  |  | — |  |  | — |  |  | 284,315 |
Sale of goods | — |  |  | — |  |  |  |  | — |  |  | 5,589 |  |  | 202,597 |  |  | 10,646 |  |  | 1,787 |  |  | 220,619 |
Advertising and other | — |  |  | — |  |  |  |  | — |  |  | 5,120 |  |  | — |  |  | 13,855 |  |  | 90,047 |  |  | 109,022 |
Total revenues from contracts with customers | 182,088 |  |  | 189,936 |  |  |  |  | 92,176 |  |  | 295,024 |  |  | 202,597 |  |  | 24,501 |  |  | 91,834 |  |  | 1,078,156 |
Trading (loss) income | (60,285) |  |  | 3,278 |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (57,007) |
Fair value adjustments on loans | (325,498) |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (325,498) |
Interest income - loans | 54,141 |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 54,141 |
Interest income - securities lending | 70,862 |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 70,862 |
Other | 10,411 |  |  | 7,532 |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 17,943 |
Total revenues | $ | (68,281) |  |  | $ | 200,746 |  |  |  |  | $ | 92,176 |  |  | $ | 295,024 |  |  | $ | 202,597 |  |  | $ | 24,501 |  |  | $ | 91,834 |  |  | $ | 838,597 |
| Capital Markets |  | Wealth Management |  |  |  | Financial Consulting |  | Communications |  | Consumer Products |  | Corp & All Other |  | Total
Revenues for the year ended December 31, 2023: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate finance, consulting and investment banking fees | $ | 190,480 |  |  | $ | — |  |  |  |  | $ | 77,283 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 267,763 |
Wealth and asset management fees | 4,060 |  |  | 177,283 |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 181,343 |
Commissions, fees and reimbursed expenses | 32,436 |  |  | 9,993 |  |  |  |  |  |  | — |  |  | — |  |  | — |  |  | 42,429 |
Subscription services | — |  |  | — |  |  |  |  | — |  |  | 324,758 |  |  | — |  |  | — |  |  | 324,758 |
Sale of goods | — |  |  | — |  |  |  |  | — |  |  | 6,737 |  |  | 233,202 |  |  | 364 |  |  | 240,303 |
Advertising and other | — |  |  | — |  |  |  |  | — |  |  | 6,194 |  |  | — |  |  | 47,992 |  |  | 54,186 |
Total revenues from contracts with customers | 226,976 |  |  | 187,276 |  |  |  |  | 77,283 |  |  | 337,689 |  |  | 233,202 |  |  | 48,356 |  |  | 1,110,782 |
Trading (loss) income | 16,845 |  |  | 4,758 |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 21,603 |
Fair value adjustments on loans | 20,225 |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 20,225 |
Interest income - loans | 123,244 |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 123,244 |
Interest income - securities lending | 161,652 |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 161,652 |
Other | 22,060 |  |  | 6,211 |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 28,271 |
Total revenues | $ | 571,002 |  |  | $ | 198,245 |  |  |  |  | $ | 77,283 |  |  | $ | 337,689 |  |  | $ | 233,202 |  |  | $ | 48,356 |  |  | $ | 1,465,777 |
| Capital Markets |  | Wealth Management |  |  |  | Financial Consulting |  | Communications |  | Consumer Products |  | Corp & All Other |  | Total
Revenues for the year ended December 31, 2022: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate finance, consulting and investment banking fees | $ | 169,955 |  |  | $ | — |  |  |  |  | $ | 50,243 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 220,198 |
Wealth and asset management fees | 12,547 |  |  | 204,805 |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 217,352 |
Commissions, fees and reimbursed expenses | 41,316 |  |  | 19,299 |  |  |  |  | 114 |  |  | — |  |  | — |  |  | — |  |  | 60,729 |
Subscription services | — |  |  | — |  |  |  |  | — |  |  | 219,379 |  |  | — |  |  | — |  |  | 219,379 |
Sale of goods | — |  |  | — |  |  |  |  | — |  |  | 7,526 |  |  | 77,821 |  |  | — |  |  | 85,347 |
Advertising and other | — |  |  | — |  |  |  |  | — |  |  | 8,750 |  |  | — |  |  | 13,797 |  |  | 22,547 |
Total revenues from contracts with customers | 223,818 |  |  | 224,104 |  |  |  |  | 50,357 |  |  | 235,655 |  |  | 77,821 |  |  | 13,797 |  |  | 825,552 |
Trading (loss) income | (151,816) |  |  | 3,522 |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (148,294) |
Fair value adjustments on loans | (54,334) |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (54,334) |
Interest income - loans | 157,669 |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 157,669 |
Interest income - securities lending | 83,144 |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 83,144 |
Other | 69,115 |  |  | 6,631 |  |  |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 75,746 |
Total revenues | $ | 327,596 |  |  | $ | 234,257 |  |  |  |  | $ | 50,357 |  |  | $ | 235,655 |  |  | $ | 77,821 |  |  | $ | 13,797 |  |  | $ | 939,483 |

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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