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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net (loss) income $ (481,735) $ 60,341
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 22,936 25,611
Provision for credit losses 1,176 3,802
Share-based compensation 14,865 24,238
Fair value and remeasurement adjustments, non-cash (includes $196,743 and $2,288 from related parties for 2024 and 2023, respectively) 189,507 (56,634)
Non-cash interest and other (includes $(5,916) and $(484) from related parties for 2024 and 2023, respectively) (3,325) (5,117)
Depreciation of rental merchandise 8,221 0
Effect of foreign currency on operations 347 (224)
Income from equity investments (6) (133)
Dividends from equity investments 74 129
Deferred income taxes 1,445 18,516
Impairment of goodwill and tradenames 27,681 1,733
Gain on sale of business, disposal of fixed assets, and other (227) (150)
Gain on extinguishment of debt (120) 0
Income allocated and fair value adjustment for mandatorily redeemable noncontrolling interests 785 778
Change in operating assets and liabilities:    
Amounts due to/from clearing brokers 10,423 7,141
Securities and other investments owned 478,436 72,074
Securities borrowed 2,127,999 (595,194)
Accounts receivable (759) 26,381
Prepaid expenses and other assets (includes $(12,777) and $140 from related parties for 2024 and 2023, respectively) 3,789 (13,834)
Accounts payable, accrued payroll and related expenses, accrued expenses and other liabilities (16,940) (74,185)
Amounts due to/from related parties and partners (2,161) (1,509)
Securities sold, not yet purchased (3,836) (3,211)
Deferred revenue (5,982) (8,682)
Securities loaned (2,125,754) 595,234
Net cash provided by operating activities 246,839 77,105
Cash flows from investing activities:    
Purchases of loans receivable (includes $(14,359) and $(193,058) from related parties for 2024 and 2023, respectively) (63,203) (359,957)
Repayments of loans receivable (includes $30,553 and $261,909 from related parties for 2024 and 2023, respectively) 72,373 413,417
Sale of loans receivable 22,785 7,500
Acquisition of businesses and minority interest, net of $604 and $234 cash acquired for 2024 and 2023, respectively (19,142) (12,287)
Sale of business, net of cash sold and other (135) 1,511
Purchases of property, equipment and intangible assets (5,441) (4,757)
Funds received from trust account of subsidiary 0 175,763
Purchase of equity and other investments (533) (4,871)
Net cash provided by investing activities 6,704 216,319
Cash flows from financing activities:    
Proceeds from revolving line of credit 40,311 62,030
Repayment of revolving line of credit (64,304) (78,834)
Proceeds from note payable 15,000 0
Repayment of notes payable and other (5,690) (11,728)
Repayment of term loan (45,606) (172,826)
Proceeds from term loan 0 128,187
Proceeds from issuance of senior notes 0 185
Redemption of senior notes (140,491) (58,924)
Payment of debt issuance and offering costs (984) (3,205)
Payment of contingent consideration (1,406) (1,339)
ESPP and payment of employment taxes on vesting of restricted stock (3,136) (8,342)
Common dividends paid (33,627) (80,348)
Preferred dividends paid (4,030) (4,027)
Repurchase of common stock 0 (53,803)
Distribution to noncontrolling interests (3,173) (2,535)
Contributions from noncontrolling interests 2,957 4,010
Redemption of subsidiary temporary equity and distributions 0 (175,763)
Proceeds from exercise of warrants 653 0
Proceeds from issuance of preferred stock 0 467
Net cash used in financing activities (243,526) (456,795)
Increase (decrease) in cash, cash equivalents and restricted cash 10,017 (163,371)
Effect of foreign currency on cash, cash equivalents and restricted cash (5,233) 2,347
Net increase (decrease) in cash, cash equivalents and restricted cash 4,784 (161,024)
Cash, cash equivalents and restricted cash, beginning of period 233,839 270,926
Cash, cash equivalents and restricted cash, end of period 238,623 109,902
Supplemental disclosures:    
Interest paid 152,730 155,520
Taxes paid $ 3,807 $ 6,040