10-Q Filing

B. RILEY FINANCIAL, INC. CIK: 1464790 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001628280-22-011542`
Period End Date	20220331
Filing Date	20220429
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	rily-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 54 Cash Flow Statement 120 Stockholders Equity 31 Comprehensive Income 12

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Loans receivable, at fair value	`LoansReceivableFairValueDisclosure`	$154.86M	USD	Point-in-time
Loans receivable, at fair value	`LoansReceivableFairValueDisclosure`	$167.74M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$278.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$213.58M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$927.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$928.00K	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Due from clearing brokers	`DueFromCorrespondentBrokers`	$40.35M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	4,512.00	shares	Point-in-time
Due from clearing brokers	`DueFromCorrespondentBrokers`	$29.66M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	4,535.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	4,512.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	4,535.00	shares	Point-in-time
Securities and other investments owned, at fair value	`SecurityOwnedAndSoldNotYetPurchasedFairValueSecurityOwned`	$1.32B	USD	Point-in-time
Securities and other investments owned, at fair value	`SecurityOwnedAndSoldNotYetPurchasedFairValueSecurityOwned`	$1.53B	USD	Point-in-time
Preferred stock, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$113.38M	USD	Point-in-time
Securities borrowed	`SecuritiesBorrowed`	$2.09B	USD	Point-in-time
Securities borrowed	`SecuritiesBorrowed`	$1.63B	USD	Point-in-time
Preferred stock, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$112.79M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$44.72M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$49.67M	USD	Point-in-time
Due from related parties	`DueFromRelatedParties`	$2.07M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Due from related parties	`DueFromRelatedParties`	$1.48M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Loans receivable, at fair value (includes $154,862 and $167,744 from related parties as of March 31, 2022 and December 31, 2021, respectively)	`LoansReceivableCostAmount`	$882.39M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	27.93M	shares	Point-in-time
Loans receivable, at fair value (includes $154,862 and $167,744 from related parties as of March 31, 2022 and December 31, 2021, respectively)	`LoansReceivableCostAmount`	$873.19M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	27.59M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	27.93M	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$470.52M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$463.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	27.59M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$60.68M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$56.97M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.98M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$12.87M	USD	Point-in-time
Goodwill	`Goodwill`	$250.57M	USD	Point-in-time
Goodwill	`Goodwill`	$362.47M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$207.65M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$211.91M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$2.85M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$2.87M	USD	Point-in-time
Total assets	`Assets`	$5.85B	USD	Point-in-time
Total assets	`Assets`	$5.25B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.33M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.63M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherAccruedLiabilitiesCurrent`	$298.90M	USD	Point-in-time
Accrued expenses and other liabilities	`OtherAccruedLiabilitiesCurrent`	$343.75M	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$75.51M	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$69.51M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$51.17M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$93.06M	USD	Point-in-time
Due to clearing brokers	`DueToClearingBrokers`	-	USD	Point-in-time
Due to clearing brokers	`DueToClearingBrokers`	$69.40M	USD	Point-in-time
Securities sold not yet purchased	`SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased`	$28.62M	USD	Point-in-time
Securities sold not yet purchased	`SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased`	$7.50M	USD	Point-in-time
Securities loaned	`SecuritiesLoaned`	$1.62B	USD	Point-in-time
Securities loaned	`SecuritiesLoaned`	$2.09B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$69.07M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$72.34M	USD	Point-in-time
Notes payable	`ConvertibleNotesPayable`	$357.00K	USD	Point-in-time
Notes payable	`ConvertibleNotesPayable`	$22.89M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$80.00M	USD	Point-in-time
Revolving credit facility	`LinesOfCreditCurrent`	$80.00M	USD	Point-in-time
Term loans, net	`OtherLongTermDebtNoncurrent`	$346.38M	USD	Point-in-time
Term loans, net	`OtherLongTermDebtNoncurrent`	$342.85M	USD	Point-in-time
Senior notes payable, net	`SeniorLongTermNotes`	$1.63B	USD	Point-in-time
Senior notes payable, net	`SeniorLongTermNotes`	$1.61B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.80B	USD	Point-in-time
Total liabilities	`Liabilities`	$4.21B	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests in equity of subsidiaries	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$345.00M	USD	Point-in-time
Redeemable noncontrolling interests in equity of subsidiaries	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$345.00M	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; 4,535 and 4,512 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively; and liquidation preference of $113,380 and $112,790 as of March 31, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; 4,535 and 4,512 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively; and liquidation preference of $113,380 and $112,790 as of March 31, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized; 27,928,234 and 27,591,028 issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$3.00K	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized; 27,928,234 and 27,591,028 issued and outstanding as of March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$3.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$413.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$450.16M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$248.86M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$205.76M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.57M	USD	Point-in-time
Total B. Riley Financial, Inc. stockholders equity	`StockholdersEquity`	$654.36M	USD	Point-in-time
Total B. Riley Financial, Inc. stockholders equity	`StockholdersEquity`	$661.27M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$43.93M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$45.81M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$705.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$538.96M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$700.18M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$765.82M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.85B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.25B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Services and fees	`ServicesAndFeesRevenue`	$289.47M	USD	1 Quarter
Services and fees	`ServicesAndFeesRevenue`	$210.68M	USD	1 Quarter
Trading (losses) income and fair value adjustments on loans	`TradingLossesIncomeAndFairValueAdjustmentsOnLoan`	$-68.39M	USD	1 Quarter
Trading (losses) income and fair value adjustments on loans	`TradingLossesIncomeAndFairValueAdjustmentsOnLoan`	$266.94M	USD	1 Quarter
Interest income - Loans and securities lending	`InterestIncomeLoanAndSecuritiesLending`	$61.43M	USD	1 Quarter
Interest income - Loans and securities lending	`InterestIncomeLoanAndSecuritiesLending`	$36.92M	USD	1 Quarter
Sale of goods	`SaleOfGoods`	$1.88M	USD	1 Quarter
Sale of goods	`SaleOfGoods`	$6.83M	USD	1 Quarter
Total revenues	`Revenues`	$600.16M	USD	1 Quarter
Total revenues	`Revenues`	$205.59M	USD	1 Quarter
Direct cost of services	`DirectCostOfService`	$11.32M	USD	1 Quarter
Direct cost of services	`DirectCostOfService`	$11.65M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$2.25M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$5.33M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$175.20M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$191.34M	USD	1 Quarter
Interest expense - Securities lending and loan participations sold	`InterestExpenseSecuritiesLending`	$19.19M	USD	1 Quarter
Interest expense - Securities lending and loan participations sold	`InterestExpenseSecuritiesLending`	$11.77M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$227.18M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$200.87M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$372.98M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$4.72M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$67.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$49.00K	USD	1 Quarter
Change in fair value of financial instruments and other	`ChangeInFairValueOfFinancialInstrumentsAndOther`	$5.98M	USD	1 Quarter
Change in fair value of financial instruments and other	`ChangeInFairValueOfFinancialInstrumentsAndOther`	-	USD	1 Quarter
Income from equity investments	`IncomeLossFromEquityMethodInvestments`	$875.00K	USD	1 Quarter
Income from equity investments	`IncomeLossFromEquityMethodInvestments`	$6.78M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$19.79M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$30.44M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-12.89M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$354.12M	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-3.69M	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$97.52M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$256.60M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-9.20M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.94M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$866.00K	USD	1 Quarter
Net (loss) income attributable to B. Riley Financial, Inc.	`NetIncomeLoss`	$-10.06M	USD	1 Quarter
Net (loss) income attributable to B. Riley Financial, Inc.	`NetIncomeLoss`	$254.66M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStockCash`	$1.75M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStockCash`	$2.00M	USD	1 Quarter
Net (loss) income available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-12.06M	USD	1 Quarter
Net (loss) income available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$252.91M	USD	1 Quarter
Net (loss) income available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$252.91M	USD	1 Quarter
Net (loss) income available to common shareholders	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$-12.06M	USD	1 Quarter
Basic (loss) income per common share (in dollars per share)	`EarningsPerShareBasic`	$9.38	USD	1 Quarter
Basic (loss) income per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.43	USD	1 Quarter
Diluted (loss) income per common share (in dollars per share)	`EarningsPerShareDiluted`	$8.81	USD	1 Quarter
Diluted (loss) income per common share (in dollars per share)	`EarningsPerShareDiluted`	$-0.43	USD	1 Quarter
Weighted average basic common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.97M	shares	1 Quarter
Weighted average basic common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.86M	shares	1 Quarter
Weighted average diluted common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.86M	shares	1 Quarter
Weighted average diluted common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.71M	shares	1 Quarter

Cash Flow Statement 120 line items

Line Item	Tag	Value	Unit	Period
Net of cash acquired	`CashAcquiredFromAcquisition`	$26.08M	USD	1 Quarter
Net of cash acquired	`CashAcquiredFromAcquisition`	$34.92M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$256.60M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-9.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.85M	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$402.00K	USD	1 Quarter
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$405.00K	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$17.01M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$5.53M	USD	1 Quarter
Fair value adjustments, non-cash	`FairValueAdjustmentsNoncash`	$-15.82M	USD	1 Quarter
Fair value adjustments, non-cash	`FairValueAdjustmentsNoncash`	$-10.73M	USD	1 Quarter
Non-cash interest and other	`OtherNoncashIncomeExpense`	$3.60M	USD	1 Quarter
Non-cash interest and other	`OtherNoncashIncomeExpense`	$4.38M	USD	1 Quarter
Effect of foreign currency on operations	`ForeignCurrencyTransactionGainLossUnrealized`	$34.00K	USD	1 Quarter
Effect of foreign currency on operations	`ForeignCurrencyTransactionGainLossUnrealized`	$726.00K	USD	1 Quarter
Income from equity investments	`IncomeLossFromEquityMethodInvestments`	$875.00K	USD	1 Quarter
Income from equity investments	`IncomeLossFromEquityMethodInvestments`	$6.78M	USD	1 Quarter
Dividends from equity investments	`ProceedsFromDividendsReceived`	$774.00K	USD	1 Quarter
Dividends from equity investments	`ProceedsFromDividendsReceived`	$305.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-41.90M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$62.70M	USD	1 Quarter
Loss on loans receivable and disposal of fixed assets	`IncomeLossOnLoansReceivableAndDisposalOfFixedAssets`	$257.00K	USD	1 Quarter
Loss on loans receivable and disposal of fixed assets	`IncomeLossOnLoansReceivableAndDisposalOfFixedAssets`	-	USD	1 Quarter
Gain on extinguishment of loan	`GainOnExtinguishmentOfLoans`	$1.10M	USD	1 Quarter
Gain on extinguishment of loan	`GainOnExtinguishmentOfLoans`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost`	$-919.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost`	-	USD	1 Quarter
Gain on equity investment	`GainLossOnInvestments`	-	USD	1 Quarter
Gain on equity investment	`GainLossOnInvestments`	$3.54M	USD	1 Quarter
Income allocated and fair value adjustment for mandatorily redeemable noncontrolling interests	`IncomeAllocatedAndFairValueAdjustmentForMandatorilyRedeemableNoncontrollingInterests`	$130.00K	USD	1 Quarter
Income allocated and fair value adjustment for mandatorily redeemable noncontrolling interests	`IncomeAllocatedAndFairValueAdjustmentForMandatorilyRedeemableNoncontrollingInterests`	$215.00K	USD	1 Quarter
Amounts due to/from clearing brokers	`IncreaseDecreaseInBrokerageReceivables`	$416.04M	USD	1 Quarter
Amounts due to/from clearing brokers	`IncreaseDecreaseInBrokerageReceivables`	$80.09M	USD	1 Quarter
Securities and other investments owned	`IncreaseDecreaseInSecuritiesAndOtherInvestmentsOwned`	$235.50M	USD	1 Quarter
Securities and other investments owned	`IncreaseDecreaseInSecuritiesAndOtherInvestmentsOwned`	$-215.97M	USD	1 Quarter
Securities borrowed	`IncreaseDecreaseInSecuritiesBorrowed`	$-461.19M	USD	1 Quarter
Securities borrowed	`IncreaseDecreaseInSecuritiesBorrowed`	$548.18M	USD	1 Quarter
Accounts receivable and advances against customer contracts	`IncreaseDecreaseInAccountsReceivable`	$3.88M	USD	1 Quarter
Accounts receivable and advances against customer contracts	`IncreaseDecreaseInAccountsReceivable`	$-6.36M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.70M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.63M	USD	1 Quarter
Accounts payable, accrued payroll and related expenses, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$30.50M	USD	1 Quarter
Accounts payable, accrued payroll and related expenses, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-82.96M	USD	1 Quarter
Amounts due to/from related parties and partners	`IncreaseDecreaseInDueFromRelatedParties`	$-594.00K	USD	1 Quarter
Amounts due to/from related parties and partners	`IncreaseDecreaseInDueFromRelatedParties`	$-1.08M	USD	1 Quarter
Securities sold, not yet purchased	`IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased`	$277.45M	USD	1 Quarter
Securities sold, not yet purchased	`IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased`	$-21.12M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.04M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$4.92M	USD	1 Quarter
Securities loaned	`IncreaseDecreaseInSecuritiesLoanedTransactions`	$-469.55M	USD	1 Quarter
Securities loaned	`IncreaseDecreaseInSecuritiesLoanedTransactions`	$547.26M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-42.89M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.90M	USD	1 Quarter
Purchases of loans receivable	`PaymentsToAcquireLoansReceivable`	$93.85M	USD	1 Quarter
Purchases of loans receivable	`PaymentsToAcquireLoansReceivable`	$75.67M	USD	1 Quarter
Repayments of loans receivable	`RepaymentsOfLoansReceivable`	$-87.48M	USD	1 Quarter
Repayments of loans receivable	`RepaymentsOfLoansReceivable`	$-101.00M	USD	1 Quarter
Repayment of loan participations sold	`RepaymentOfLoanParticipationsSold`	-	USD	1 Quarter
Repayment of loan participations sold	`RepaymentOfLoanParticipationsSold`	$-6.09M	USD	1 Quarter
Acquisition of businesses, net of $26,076 and $34,924 cash acquired for 2022 and 2021, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$260.00K	USD	1 Quarter
Acquisition of businesses, net of $26,076 and $34,924 cash acquired for 2022 and 2021, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.05M	USD	1 Quarter
Purchases of property, equipment and intangible assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$101.00K	USD	1 Quarter
Purchases of property, equipment and intangible assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$176.00K	USD	1 Quarter
Proceeds from sale of property, equipment and intangible assets	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	-	USD	1 Quarter
Proceeds from sale of property, equipment and intangible assets	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$2.00K	USD	1 Quarter
Investment of subsidiaries initial public offering proceeds into trust account	`InvestmentOfSubsidiariesInitialPublicOfferingProceedsIntoTrustAccount`	-	USD	1 Quarter
Investment of subsidiaries initial public offering proceeds into trust account	`InvestmentOfSubsidiariesInitialPublicOfferingProceedsIntoTrustAccount`	$172.50M	USD	1 Quarter
Purchase of equity and other investments	`PaymentsToAcquireEquityMethodInvestmentsAndOtherInvestments`	$4.70M	USD	1 Quarter
Purchase of equity and other investments	`PaymentsToAcquireEquityMethodInvestmentsAndOtherInvestments`	$2.44M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-171.84M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.51M	USD	1 Quarter
Repayment of notes payable	`RepaymentsOfNotesPayable`	$357.00K	USD	1 Quarter
Repayment of notes payable	`RepaymentsOfNotesPayable`	$37.61M	USD	1 Quarter
Repayment of term loan	`RepaymentsOfBankDebt`	$4.75M	USD	1 Quarter
Repayment of term loan	`RepaymentsOfBankDebt`	$4.12M	USD	1 Quarter
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$20.04M	USD	1 Quarter
Proceeds from issuance of senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$402.40M	USD	1 Quarter
Redemption of senior notes	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$-128.16M	USD	1 Quarter
Redemption of senior notes	`ProceedsFromRepaymentsOfOtherLongTermDebt`	-	USD	1 Quarter
Payment of debt issuance and offering costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Payment of debt issuance and offering costs	`PaymentsOfDebtIssuanceCosts`	$7.51M	USD	1 Quarter
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$181.00K	USD	1 Quarter
Payment of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$75.00K	USD	1 Quarter
Payment of employment taxes on vesting of restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.29M	USD	1 Quarter
Payment of employment taxes on vesting of restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.00K	USD	1 Quarter
Common dividends paid	`PaymentsOfDividendsCommonStock`	$95.18M	USD	1 Quarter
Common dividends paid	`PaymentsOfDividendsCommonStock`	$27.89M	USD	1 Quarter
Preferred dividends paid	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$2.00M	USD	1 Quarter
Preferred dividends paid	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.75M	USD	1 Quarter
Distribution to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$1.05M	USD	1 Quarter
Distribution to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$11.57M	USD	1 Quarter
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	$3.72M	USD	1 Quarter
Contribution from noncontrolling interests	`ProceedsFromMinorityShareholders`	$1.77M	USD	1 Quarter
Proceeds from initial public offering of subsidiaries	`ProceedsFromIssuanceInitialPublicOffering`	$172.50M	USD	1 Quarter
Proceeds from initial public offering of subsidiaries	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$64.71M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from issuance of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	1 Quarter
Proceeds from issuance of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$639.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.44M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$356.71M	USD	1 Quarter
(Decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$141.98M	USD	1 Quarter
(Decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-64.85M	USD	1 Quarter
Effect of foreign currency on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-496.00K	USD	1 Quarter
Effect of foreign currency on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-696.00K	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-65.35M	USD	1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$141.28M	USD	1 Quarter
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$104.84M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$214.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$246.12M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$279.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$104.84M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$214.51M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$246.12M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$279.86M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$38.27M	USD	1 Quarter
Interest paid	`InterestPaidNet`	$36.73M	USD	1 Quarter
Taxes paid	`IncomeTaxesPaidNet`	$53.00K	USD	1 Quarter
Taxes paid	`IncomeTaxesPaidNet`	$73.00K	USD	1 Quarter

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Dividends on common stock per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$3.50	USD	1 Quarter
Dividends on common stock per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.00	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$705.20M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$538.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$700.18M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$765.82M	USD	Point-in-time
Common stock issued, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$64.71M	USD	1 Quarter
Preferred stock issued	`StockIssuedDuringPeriodValuePreferredStock`	$639.00K	USD	1 Quarter
Vesting of restricted stock and other, net of shares withheld for employer taxes	`RestrictedStockAndOtherValueIssuedNetOfSharesForTaxWithholdings`	$1.29M	USD	1 Quarter
Vesting of restricted stock and other, net of shares withheld for employer taxes	`RestrictedStockAndOtherValueIssuedNetOfSharesForTaxWithholdings`	$22.00K	USD	1 Quarter
Shares issued for the acquisition of FocalPoint	`StockIssuedDuringPeriodValueAcquisitions`	$20.32M	USD	1 Quarter
Share based payments	`StockIssuedDuringPeriodValueShareBasedCompensation`	$17.01M	USD	1 Quarter
Share based payments	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.53M	USD	1 Quarter
Dividends on common stock	`DividendsCommonStockCash`	$31.03M	USD	1 Quarter
Dividends on common stock	`DividendsCommonStockCash`	$103.08M	USD	1 Quarter
Dividends on preferred stock	`DividendsPreferredStock`	$2.00M	USD	1 Quarter
Dividends on preferred stock	`DividendsPreferredStock`	$1.75M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$256.60M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-9.20M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$11.26M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$935.00K	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$1.77M	USD	1 Quarter
Contributions from noncontrolling interests	`NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsRedeemable`	$3.72M	USD	1 Quarter
Acquisition of noncontrolling interests	`NoncontrollingInterestIncreaseFromBusinessCombination`	$13.04M	USD	1 Quarter
Acquisition of noncontrolling interests	`NoncontrollingInterestIncreaseFromBusinessCombination`	$182.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-488.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-636.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$705.20M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$538.96M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$700.18M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$765.82M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$256.60M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-9.20M	USD	1 Quarter
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$636.00K	USD	1 Quarter
Change in cumulative translation adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$488.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-488.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-636.00K	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-9.68M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$255.96M	USD	1 Quarter
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.94M	USD	1 Quarter
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$866.00K	USD	1 Quarter
Comprehensive (loss) income attributable to B. Riley Financial, Inc.	`ComprehensiveIncomeNetOfTax`	$254.02M	USD	1 Quarter
Comprehensive (loss) income attributable to B. Riley Financial, Inc.	`ComprehensiveIncomeNetOfTax`	$-10.55M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.