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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenues $ 352,060 $ 186,063
Operating expenses:    
Direct cost of services 31,702 42,700
Cost of goods sold 32,365 36,733
Selling, general and administrative expenses 134,348 167,388
Interest expense - Securities lending and loan participations sold 717 719
Total operating expenses 199,132 247,540
Operating income (loss) 152,928 (61,477)
Other income (expense):    
Interest income 358 1,486
Dividend income 669 135
Realized and unrealized gains (losses) on investments 105,100 (14,500)
Change in fair value of financial instruments and other (4,427) 922
Gain on sale and deconsolidation of businesses [1] 0 80,841
Gain on senior note exchange 0 10,532
Income (loss) from equity investments [1] 1,326 (552)
Gain (loss) on extinguishment of debt 2,890 (10,427)
Interest expense (19,794) (29,964)
Income (loss) from continuing operations before income taxes 239,050 (23,004)
(Provision for) benefit from income taxes (16,891) 3,042
Income (loss) from continuing operations 222,159 (19,962)
Income from discontinued operations, net of income taxes 0 3,395
Net income (loss) [1] 222,159 (16,567)
Net income (loss) attributable to noncontrolling interests 8,886 (6,592)
Net income (loss) attributable to BRC Group Holdings, Inc. 213,273 (9,975)
Preferred stock dividends 2,015 2,015
Net income (loss) available to common shareholders 211,258 (11,990)
Net income (loss) available to common shareholders $ 211,258 $ (11,990)
Basic net income (loss) per common share:    
Continuing operations (in dollars per share) $ 6.62 $ (0.50)
Discontinued operations (in dollars per share) 0 0.11
Basic income (loss) per common share (in dollars per share) 6.62 (0.39)
Diluted net income (loss) per common share:    
Continuing operations (in dollars per share) 6.57 (0.50)
Discontinued operations (in dollars per share) 0 0.11
Diluted income (loss) per common share (in dollars per share) $ 6.57 $ (0.39)
Weighted average basic common shares outstanding (in shares) 31,915,854 30,497,512
Weighted average diluted common shares outstanding (in shares) 32,167,246 30,497,512
Services and fees    
Revenues:    
Total revenues $ 152,122 $ 158,839
Trading gains (losses), net    
Revenues:    
Total revenues 145,061 (16,171)
Fair value adjustments on loans    
Revenues:    
Total revenues 6,545 (8,096)
Interest income - loans    
Revenues:    
Total revenues 1,714 3,196
Interest income - securities lending    
Revenues:    
Total revenues 1,251 840
Sale of goods    
Revenues:    
Total revenues $ 45,367 $ 47,455
[1] Amounts presented contain results from both continuing and discontinued operations. Refer to Note 4 – Discontinued Operations and Assets Held for Sale for additional information regarding cash flow associated with the results of discontinued operations.