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BUSINESS SEGMENTS - Schedule of reportable segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Segment Reporting Information [Line Items]        
Revenues $ 148,365 $ 406,278 $ 491,397 $ 838,368
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)
Interest expense - Securities lending and loan participations sold (23,313) (35,780) (58,696) (68,204)
Depreciation and amortization     (22,936) (25,611)
Restructuring charge (20) (628) (809) (721)
Impairment of goodwill and tradenames (27,681) (1,733) (27,681) (1,733)
Operating (loss) income (220,256) 82,994 (223,685) 167,917
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
Services and fees        
Segment Reporting Information [Line Items]        
Revenues 248,025 230,327 505,328 465,886
Trading (loss) income        
Segment Reporting Information [Line Items]        
Revenues (31,321) 33,158 (48,988) 41,450
Fair value adjustments on loans        
Segment Reporting Information [Line Items]        
Revenues (175,582) 9,207 (187,783) 52,483
Interest income - loans        
Segment Reporting Information [Line Items]        
Revenues 18,508 35,126 40,643 75,138
Interest income - securities lending        
Segment Reporting Information [Line Items]        
Revenues 24,798 40,073 62,607 77,247
Operating Segments        
Segment Reporting Information [Line Items]        
Operating (loss) income (202,151) 96,758 (187,215) 197,303
All Other        
Segment Reporting Information [Line Items]        
Revenues 32,987 14,710 59,661  
Direct cost of services (12,405) (6,403) (23,256) (12,939)
Corporate and other expenses (36,527) (22,071) (70,127) (44,739)
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)
All Other | Services and fees        
Segment Reporting Information [Line Items]        
Revenues 30,303 14,710 56,362 28,292
Capital Markets Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues (114,646) 162,052 (24,823) 347,463
Selling, general and administrative expenses (49,806) (45,870) (103,030) (111,581)
Impairment of tradenames 0 (1,733) 0 (1,733)
Interest expense - Securities lending and loan participations sold (23,313) (35,780) (58,696) (68,204)
Depreciation and amortization (745) (993) (1,516) (2,249)
Operating (loss) income (188,510) 77,676 (188,065) 163,696
Capital Markets Segment | Operating Segments | Services and fees        
Segment Reporting Information [Line Items]        
Revenues 50,242 44,961 110,589 102,890
Capital Markets Segment | Operating Segments | Trading (loss) income        
Segment Reporting Information [Line Items]        
Revenues (32,612) 32,685 (50,879) 39,705
Capital Markets Segment | Operating Segments | Fair value adjustments on loans        
Segment Reporting Information [Line Items]        
Revenues (175,582) 9,207 (187,783) 52,483
Capital Markets Segment | Operating Segments | Interest income - loans        
Segment Reporting Information [Line Items]        
Revenues 18,508 35,126 40,643 75,138
Capital Markets Segment | Operating Segments | Interest income - securities lending        
Segment Reporting Information [Line Items]        
Revenues 24,798 40,073 62,607 77,247
Wealth Management Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 50,873 47,716 102,655 97,530
Selling, general and administrative expenses (48,157) (47,964) (97,205) (95,286)
Depreciation and amortization (1,048) (1,082) (2,103) (2,168)
Restructuring charge 0 (28) 0 (61)
Operating (loss) income 1,668 (1,358) 3,347 15
Wealth Management Segment | Operating Segments | Services and fees        
Segment Reporting Information [Line Items]        
Revenues 49,582 47,243 100,764 95,785
Wealth Management Segment | Operating Segments | Trading (loss) income        
Segment Reporting Information [Line Items]        
Revenues 1,291 473 1,891 1,745
Auction and Liquidation Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 11,985 10,561 17,765 16,221
Direct cost of services (2,872) (3,453) (4,328) (6,581)
Cost of goods sold (6,960) (618) (7,748) (670)
Selling, general and administrative expenses (1,861) (2,302) (3,369) (4,582)
Operating (loss) income 292 4,188 2,320 4,388
Auction and Liquidation Segment | Operating Segments | Services and fees        
Segment Reporting Information [Line Items]        
Revenues 3,621 8,885 7,181 14,329
Auction and Liquidation Segment | Operating Segments | Sale of goods        
Segment Reporting Information [Line Items]        
Revenues 8,364 1,676 10,584 1,892
Financial Consulting Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 36,533 31,212 71,618 56,222
Selling, general and administrative expenses (28,584) (22,791) (57,444) (43,940)
Depreciation and amortization (83) (103) (168) (181)
Operating (loss) income 7,866 8,318 14,006 12,101
Financial Consulting Segment | Operating Segments | Services and fees        
Segment Reporting Information [Line Items]        
Revenues 36,533 31,212 71,618 56,222
Communications Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 79,209 84,956 161,575 171,875
Direct cost of services (46,274) (46,085) (95,093) (90,818)
Cost of goods sold (1,614) (2,046) (2,973) (4,214)
Selling, general and administrative expenses (19,553) (20,241) (37,471) (42,785)
Depreciation and amortization (5,925) (6,405) (11,882) (13,036)
Restructuring charge 0 (197) (263) (257)
Operating (loss) income 5,843 9,982 13,893 20,765
Communications Segment | Operating Segments | Services and fees        
Segment Reporting Information [Line Items]        
Revenues 77,744 83,316 158,814 168,368
Communications Segment | Operating Segments | Sale of goods        
Segment Reporting Information [Line Items]        
Revenues 1,465 1,640 2,761 3,507
Communications Segment | All Other        
Segment Reporting Information [Line Items]        
Revenues 32,987 14,710 59,661 28,292
Cost of goods sold (2,160) 0 (2,748) 0
Communications Segment | All Other | Sale of goods        
Segment Reporting Information [Line Items]        
Revenues 2,684 0 3,299 0
Consumer Products Segment | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues 51,424 55,071 102,946 120,765
Cost of goods sold (35,984) (37,653) (72,864) (83,059)
Selling, general and administrative expenses (15,118) (16,482) (30,643) (35,776)
Depreciation and amortization (1,931) (2,581) (3,928) (5,189)
Restructuring charge (20) (403) (546) (403)
Impairment of goodwill and tradenames (27,681) 0 (27,681) 0
Operating (loss) income (29,310) (2,048) (32,716) (3,662)
Consumer Products Segment | Operating Segments | Sale of goods        
Segment Reporting Information [Line Items]        
Revenues $ 51,424 $ 55,071 $ 102,946 $ 120,765