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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 148,365 $ 406,278 $ 491,397 $ 838,368
Operating expenses:        
Direct cost of services 61,551 55,941 122,677 110,338
Cost of goods sold 46,718 40,317 86,333 87,943
Selling, general and administrative expenses 209,338 188,885 418,886 401,512
Restructuring charge 20 628 809 721
Impairment of goodwill and tradenames 27,681 1,733 27,681 1,733
Interest expense - Securities lending and loan participations sold 23,313 35,780 58,696 68,204
Total operating expenses 368,621 323,284 715,082 670,451
Operating (loss) income (220,256) 82,994 (223,685) 167,917
Other income (expense):        
Interest income 804 701 1,473 3,275
Dividend income 9,209 9,555 21,024 22,759
Realized and unrealized (losses) gains on investments (155,690) 18,843 (185,235) (9,599)
Change in fair value of financial instruments and other (163) 381 151 172
Income from equity investments 10 143 6 133
Interest expense (42,687) (47,332) (87,551) (94,893)
(Loss) income before income taxes (408,773) 65,285 (473,817) 89,764
Provision for income taxes (25,008) (21,504) (7,918) (29,423)
Net (loss) income (433,781) 43,781 (481,735) 60,341
Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests (177) (2,600) 1,034 (3,195)
Net (loss) income attributable to B. Riley Financial, Inc. (433,604) 46,381 (482,769) 63,536
Preferred stock dividends 2,015 2,015 4,030 4,027
Net (loss) income available to common shareholders (435,619) 44,366 (486,799) 59,509
Net (loss) income available to common shareholders $ (435,619) $ 44,366 $ (486,799) $ 59,509
Basic (loss) income per common share (in dollars per share) $ (14.35) $ 1.57 $ (16.13) $ 2.09
Diluted (loss) income per common share (in dollars per share) $ (14.35) $ 1.55 $ (16.13) $ 2.05
Weighted average basic common shares outstanding (in shares) 30,352,054 28,239,116 30,170,819 28,411,270
Weighted average diluted common shares outstanding (in shares) 30,352,054 28,654,246 30,170,819 29,082,885
Service and fee        
Revenues:        
Total revenues $ 248,025 $ 230,327 $ 505,328 $ 465,886
Trading (loss) income        
Revenues:        
Total revenues (31,321) 33,158 (48,988) 41,450
Fair value adjustments on loans        
Revenues:        
Total revenues (175,582) 9,207 (187,783) 52,483
Interest income - loans        
Revenues:        
Total revenues 18,508 35,126 40,643 75,138
Interest income - securities lending        
Revenues:        
Total revenues 24,798 40,073 62,607 77,247
Sale of goods        
Revenues:        
Total revenues $ 63,937 $ 58,387 $ 119,590 $ 126,164