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EARNINGS PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Basic and Diluted Earnings Per Share | Basic and diluted earnings per share were calculated as follows:
| Three Months Ended September 30,
| 2024 |  | 2023
| Continuing Operations |  | Discontinued Operations |  | Total |  | Continuing Operations |  | Discontinued Operations |  | Total
Net (loss) income | $ | (148,852) |  |  | $ | (138,746) |  |  | $ | (287,598) |  |  | $ | (100,049) |  |  | $ | 23,741 |  |  | $ | (76,308) |
Net income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests | 624 |  |  | (3,825) |  |  | (3,201) |  |  | (3,192) |  |  | 707 |  |  | (2,485) |
Net (loss) income attributable to B. Riley Financial, Inc. | (149,476) |  |  | (134,921) |  |  | (284,397) |  |  | (96,857) |  |  | 23,034 |  |  | (73,823) |
Preferred stock dividends | 2,015 |  |  | — |  |  | 2,015 |  |  | 2,015 |  |  | — |  |  | 2,015 |
Net (loss) income available to common shareholders | $ | (151,491) |  |  | $ | (134,921) |  |  | $ | (286,412) |  |  | $ | (98,872) |  |  | $ | 23,034 |  |  | $ | (75,838) |
| Nine Months Ended September 30,
| 2024 |  | 2023
| Continuing Operations |  | Discontinued Operations |  | Total |  | Continuing Operations |  | Discontinued Operations |  | Total
Net (loss) income | $ | (645,506) |  |  | $ | (123,827) |  |  | $ | (769,333) |  |  | $ | (48,510) |  |  | $ | 32,543 |  |  | $ | (15,967) |
Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests | (397) |  |  | (1,770) |  |  | (2,167) |  |  | (8,049) |  |  | 2,369 |  |  | (5,680) |
Net (loss) income attributable to B. Riley Financial, Inc. | (645,109) |  |  | (122,057) |  |  | (767,166) |  |  | (40,461) |  |  | 30,174 |  |  | (10,287) |
Preferred stock dividends | 6,045 |  |  | — |  |  | 6,045 |  |  | 6,042 |  |  | — |  |  | 6,042 |
Net (loss) income available to common shareholders | $ | (651,154) |  |  | $ | (122,057) |  |  | $ | (773,211) |  |  | $ | (46,503) |  |  | $ | 30,174 |  |  | $ | (16,329) |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Weighted average common shares outstanding: |  |  |  |  |  |  |
Basic | 30,499,931 |  |  | 29,961,068 |  |  | 30,281,324 |  |  | 28,933,546 |
Effect of dilutive potential common shares: |  |  |  |  |  |  |
Restricted stock units and warrants | — |  |  | — |  |  | — |  |  | — |
Diluted | 30,499,931 |  |  | 29,961,068 |  |  | 30,281,324 |  |  | 28,933,546 |
Basic net (loss) income per common share: |  |  |  |  |  |  |
Continuing operations | $ | (4.97) |  |  | $ | (3.30) |  |  | $ | (21.50) |  |  | $ | (1.61) |
Discontinued operations | (4.42) |  |  | 0.77 |  |  | (4.03) |  |  | 1.05 |
Basic (loss) income per common share | $ | (9.39) |  |  | $ | (2.53) |  |  | $ | (25.53) |  |  | $ | (0.56) |
Diluted net (loss) income per common share: |  |  |  |  |  |  |
Continuing operations | $ | (4.97) |  |  | $ | (3.30) |  |  | $ | (21.50) |  |  | $ | (1.61) |
Discontinued operations | (4.42) |  |  | 0.77 |  |  | (4.03) |  |  | 1.05 |
Diluted (loss) income per common share | $ | (9.39) |  |  | $ | (2.53) |  |  | $ | (25.53) |  |  | $ | (0.56) |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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