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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:        
Net loss $ (774,939) $ (105,631) $ (156,594)  
Adjustments to reconcile net loss to net cash provided by operating activities:        
Depreciation and amortization 45,405 49,604 39,969  
Provision for credit losses 5,993 7,147 4,214  
Share-based compensation 19,054 45,109 61,140  
Fair value and remeasurement adjustments, non-cash (includes $328,671, $36,788, and $1,603 from related parties in 2024, 2023 and 2022, respectively) 327,630 (10,699) 34,871  
Non-cash interest and other (includes $(32,256), $(2,926), and $(935) from related parties in 2024, 2023 and 2022, respectively) (23,259) (9,652) (3,204)  
Depreciation of rental merchandise 15,092 4,070 0  
Effect of foreign currency on operations (247) (310) 754  
Loss (income) from equity method investments (31) 181 (3,570)  
Dividends from equity investments 159 434 4,038  
Deferred income taxes 25,888 (40,945) (80,431)  
Impairment of goodwill and other intangible assets 105,373 70,333 0  
Gain on disposal of discontinued operations 217,504 0 0  
(Gain) loss on sale of business, disposal of fixed assets, and other (163) (9,034) 4,922  
Gain on bargain purchase 0 (15,903) 0  
Loss (gain) on extinguishment of debt 19,158 5,294 (1,102)  
Gain on equity investment 0 0 (6,790)  
De-consolidation of BRPM 150 0 0 (8,294)  
Income allocated to and fair value adjustment for mandatorily redeemable noncontrolling interests 1,170 1,835 1,119  
Change in operating assets and liabilities:        
Amounts due to/from clearing brokers 20,622 (21,903) (69,172)  
Securities and other investments owned 699,616 123,196 390,635  
Securities borrowed 2,827,917 (527,612) (252,361)  
Accounts receivable 2,230 26,397 6,599  
Prepaid expenses and other assets (includes $8,353, $10,521, and $564 from related parties in 2024, 2023 and 2022, respectively) 26,040 737 (54,273)  
Accounts payable, accrued payroll and related expenses, accrued expenses and other liabilities (14,120) (79,848) (141,328)  
Amounts due to/from related parties and partners (1,250) (1,045) 3,925  
Securities sold, not yet purchased (2,926) 2,704 (22,726)  
Deferred revenue (11,993) (15,232) 8,966  
Securities loaned (2,831,364) 525,275 245,346  
Net cash provided by operating activities 263,551 24,502 6,653  
Cash flows from investing activities:        
Purchases of loans receivable (includes $(57,615), $(174,753), and $(35,491) from related parties in 2024, 2023 and 2022, respectively) (118,721) (544,957) (503,146)  
Repayments of loans receivable (includes $74,770, $77,600, and $5,928 from related parties in 2024, 2023 and 2022, respectively) 149,047 606,716 574,854  
Sales of loans receivable (includes $—, $77,484, and $— from related parties in 2024, 2023 and 2022, respectively) 31,012 84,984 0  
Proceeds from loan participations sold 5,980 0 0  
Acquisition of businesses and minority interest, net of $604, $8,308, and $50,733 cash acquired in 2024, 2023, and 2022, respectively (19,142) (26,240) (261,693)  
Purchases of property, equipment and intangible assets (7,952) (7,711) (3,918)  
Proceeds from sale of business and other 261 17,490 2  
Funds received from trust account of subsidiary 0 175,763 172,584  
Purchases of equity and other investments (1,065) (4,871) (10,974)  
Net cash provided by (used in) investing activities 440,534 301,174 (32,291)  
Cash flows from financing activities:        
Proceeds from revolving line of credit 89,274 219,157 64,878  
Repayment of revolving line of credit (116,746) (303,034) (17,200)  
Proceeds from note payable 15,000 0 0  
Repayment of notes payable and other (6,653) (13,806) (530)  
Proceeds from term loan 0 628,187 324,200  
Repayment of term loan (444,770) (520,803) (96,228)  
Proceeds from issuance of senior notes 0 185 51,601  
Redemption of senior notes (140,491) (58,924) 0  
Payment of debt issuance and offering costs (3,484) (27,993) (8,222)  
Payment of contingent consideration (12,921) (1,905) (1,776)  
ESPP and payment of employment taxes on vesting of restricted stock (3,218) (7,591) (10,286)  
Common dividends paid (33,731) (141,099) (119,454)  
Preferred dividends paid (8,060) (8,057) (8,008)  
Repurchase of common stock 0 (69,479) (6,516)  
Distributions to noncontrolling interests (10,747) (6,520) (4,208)  
Contributions from noncontrolling interests 3,947 6,055 21,096  
Redemption of subsidiary temporary equity and distributions 0 (175,763) (172,584)  
Proceeds from issuance of common stock 0 115,000 0  
Proceeds from issuance of preferred stock 0 467 874  
Proceeds from exercise of warrants 653 0 0  
Net cash (used in) provided by financing activities (671,947) (365,923) 17,637  
Increase (decrease) in cash, cash equivalents and restricted cash 32,138 (40,247) (8,001)  
Effect of foreign currency on cash, cash equivalents and restricted cash (9,301) 3,160 (933)  
Net increase (decrease) in cash, cash equivalents and restricted cash 22,837 (37,087) (8,934)  
Cash, cash equivalents and restricted cash from continuing operations, beginning of period 224,565 226,066 266,224  
Cash, cash equivalents and restricted cash from discontinued operations, beginning of period 9,274 44,860 13,636  
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations, Total 256,676 [1] 233,839 [1] 270,926 [1] $ 279,860
Cash, cash equivalents and restricted cash from continuing operations, end of period 256,676 224,565 226,066  
Cash, cash equivalents and restricted cash from discontinued operations, end of period 0 9,274 44,860  
Supplemental disclosures:        
Interest paid 239,660 315,309 193,387  
Taxes paid 7,130 20,121 49,357  
Great American Group        
Cash flows from investing activities:        
Proceeds from divestiture of businesses 167,064 0 0  
Bebe Brands        
Cash flows from investing activities:        
Proceeds from divestiture of businesses $ 234,050 $ 0 $ 0  
[1] Includes cash from assets held for sale of $1,324 in 2024.