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EARNINGS PER SHARE (Tables)
9 Months Ended
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,
20242023
Continuing OperationsDiscontinued OperationsTotalContinuing OperationsDiscontinued OperationsTotal
Net (loss) income$(148,852)$(138,746)$(287,598)$(100,049)$23,741 $(76,308)
Net income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests624 (3,825)(3,201)(3,192)707 (2,485)
Net (loss) income attributable to B. Riley Financial, Inc.(149,476)(134,921)(284,397)(96,857)23,034 (73,823)
Preferred stock dividends2,015 — 2,015 2,015 — 2,015 
Net (loss) income available to common shareholders$(151,491)$(134,921)$(286,412)$(98,872)$23,034 $(75,838)
Nine Months Ended September 30,
20242023
Continuing OperationsDiscontinued OperationsTotalContinuing OperationsDiscontinued OperationsTotal
Net (loss) income$(645,506)$(123,827)$(769,333)$(48,510)$32,543 $(15,967)
Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests(397)(1,770)(2,167)(8,049)2,369 (5,680)
Net (loss) income attributable to B. Riley Financial, Inc.(645,109)(122,057)(767,166)(40,461)30,174 (10,287)
Preferred stock dividends6,045 — 6,045 6,042 — 6,042 
Net (loss) income available to common shareholders$(651,154)$(122,057)$(773,211)$(46,503)$30,174 $(16,329)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Weighted average common shares outstanding:    
Basic30,499,931 29,961,068 30,281,324 28,933,546 
Effect of dilutive potential common shares:    
Restricted stock units and warrants— — — — 
Diluted30,499,931 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)