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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 199,305 $ 363,268 $ 637,222 $ 1,151,943
Operating expenses:        
Direct cost of services 49,659 52,616 168,008 156,373
Cost of goods sold 40,312 42,217 118,897 129,490
Selling, general and administrative expenses 184,605 202,321 577,377 579,964
Restructuring charge 116 228 925 949
Impairment of goodwill and tradenames 0 35,500 27,681 37,233
Interest expense - Securities lending and loan participations sold 6,359 38,368 65,055 106,572
Total operating expenses 281,051 371,250 957,943 1,010,581
Operating (loss) income (81,746) (7,982) (320,721) 141,362
Other income (expense):        
Interest income 1,438 180 2,909 3,455
Dividend income 675 3,373 4,139 9,541
Realized and unrealized losses on investments (22,197) (77,287) (212,362) (77,020)
Change in fair value of financial instruments and other 476 (4,170) 627 (3,998)
Income (loss) from equity investments 6 (308) 12 (175)
Interest expense (32,996) (37,493) (102,195) (118,630)
Loss from continuing operations before income taxes (134,344) (123,687) (627,591) (45,465)
(Provision for) benefit from income taxes (14,508) 23,638 (17,915) (3,045)
Loss from continuing operations (148,852) (100,049) (645,506) (48,510)
(Loss) income from discontinued operations, net of income taxes (138,746) 23,741 (123,827) 32,543
Net loss (287,598) (76,308) (769,333) (15,967)
Net loss attributable to noncontrolling interests and redeemable noncontrolling interests (3,201) (2,485) (2,167) (5,680)
Net loss attributable to B. Riley Financial, Inc. (284,397) (73,823) (767,166) (10,287)
Preferred stock dividends 2,015 2,015 6,045 6,042
Net loss available to common shareholders (286,412) (75,838) (773,211) (16,329)
Net loss available to common shareholders $ (286,412) $ (75,838) $ (773,211) $ (16,329)
Basic net (loss) income per common share:        
Continuing operations (in dollars per share) $ (4.97) $ (3.30) $ (21.50) $ (1.61)
Discontinued operations (in dollars per share) (4.42) 0.77 (4.03) 1.05
Basic (loss) income per common share (in dollars per share) (9.39) (2.53) (25.53) (0.56)
Diluted net (loss) income per common share:        
Continuing operations (in dollars per share) (4.97) (3.30) (21.50) (1.61)
Discontinued operations (in dollars per share) (4.42) 0.77 (4.03) 1.05
Diluted (loss) income per common share (in dollars per share) $ (9.39) $ (2.53) $ (25.53) $ (0.56)
Weighted average basic common shares outstanding (in shares) 30,499,931 29,961,068 30,281,324 28,933,546
Weighted average diluted common shares outstanding (in shares) 30,499,931 29,961,068 30,281,324 28,933,546
Services and fees        
Revenues:        
Total revenues $ 198,514 $ 244,096 $ 660,946 $ 662,181
Trading (loss) income        
Revenues:        
Total revenues (1,238) (9,727) (50,226) 31,723
Fair value adjustments on loans        
Revenues:        
Total revenues (71,477) (860) (259,260) 51,623
Interest income - loans        
Revenues:        
Total revenues 11,251 27,397 51,894 102,535
Interest income - securities lending        
Revenues:        
Total revenues 7,007 42,333 69,614 119,580
Sale of goods        
Revenues:        
Total revenues $ 55,248 $ 60,029 $ 164,254 $ 184,301