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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Total revenues $ 838,597 $ 1,465,777 $ 939,483
Operating expenses:      
Direct cost of services 213,901 214,065 118,535
Cost of goods sold 167,634 172,836 60,754
Selling, general and administrative expenses 759,777 764,926 654,826
Restructuring charge 1,522 2,131 9,011
Impairment of goodwill and other intangible assets 105,373 70,333 0
Interest expense - Securities lending and loan participations sold 66,128 145,435 66,495
Total operating expenses 1,314,335 1,369,726 909,621
Operating (loss) income (475,738) 96,051 29,862
Other income (expense):      
Interest income 3,621 3,875 2,735
Dividend income 4,462 12,747 7,851
Realized and unrealized losses on investments (263,686) (162,053) (247,540)
Change in fair value of financial instruments and other 4,614 (3,998) 10,188
Gain on bargain purchase 0 15,903 0
Income (loss) from equity method investments 31 (152) 3,570
Loss on extinguishment of debt (18,725) (5,409) 0
Interest expense (133,308) (156,240) (141,003)
Loss from continuing operations before income taxes (878,729) (199,276) (334,337)
(Provision for) benefit from income taxes (22,125) 39,115 65,252
Loss from continuing operations (900,854) (160,161) (269,085)
Income from discontinued operations, net of income taxes 125,915 54,530 112,491
Net loss (774,939) (105,631) (156,594)
Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests (10,665) (5,721) 3,235
Net loss attributable to B. Riley Financial, Inc. (764,274) (99,910) (159,829)
Preferred stock dividends 8,060 8,057 8,008
Net loss available to common shareholders (772,334) (107,967) (167,837)
Net loss available to common shareholders $ (772,334) $ (107,967) $ (167,837)
Basic net (loss) income per common share:      
Continuing operations (in dollars per share) $ (29.67) $ (5.38) $ (9.87)
Discontinued operations (in dollars per share) 4.21 1.69 3.92
Basic (loss) income per common share (in dollars per share) (25.46) (3.69) (5.95)
Diluted net (loss) income per common share:      
Continuing operations (in dollars per share) (29.67) (5.38) (9.87)
Discontinued operations (in dollars per share) 4.21 1.69 3.92
Diluted (loss) income per common share (in dollars per share) $ (25.46) $ (3.69) $ (5.95)
Weighted average basic common shares outstanding (in shares) 30,336,274 29,265,099 28,188,530
Weighted average diluted common shares outstanding (in shares) 30,336,274 29,265,099 28,188,530
Services and fees      
Revenues:      
Total revenues $ 875,480 $ 898,750 $ 815,951
Trading (loss) income      
Revenues:      
Total revenues (57,007) 21,603 (148,294)
Fair value adjustments on loans      
Revenues:      
Total revenues (325,498) 20,225 (54,334)
Interest income - loans      
Revenues:      
Total revenues 54,141 123,244 157,669
Interest income - securities lending      
Revenues:      
Total revenues 70,862 161,652 83,144
Sale of goods      
Revenues:      
Total revenues $ 220,619 $ 240,303 $ 85,347