2023 Q3 Form 10-Q Financial Statement

#000162828023028639 Filed on August 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $462.3M $406.3M
YoY Change 35.83% 851.47%
Cost Of Revenue $78.05M $40.32M
YoY Change 2426.8% 1921.92%
Gross Profit $384.3M $366.0M
YoY Change 13.93% 799.03%
Gross Profit Margin 83.12% 90.08%
Selling, General & Admin $221.7M $188.9M
YoY Change 35.4% 13.01%
% of Gross Profit 57.69% 51.61%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.49M $12.53M
YoY Change 16.54% 57.44%
% of Gross Profit 3.25% 3.42%
Operating Expenses $221.7M $188.9M
YoY Change 35.4% 13.01%
Operating Profit $20.63M $82.99M
YoY Change -80.08% -152.28%
Interest Expense -$74.10M -$72.69M
YoY Change 44.64% 65.0%
% of Operating Profit -359.27% -87.58%
Other Income/Expense, Net
YoY Change
Pretax Income -$91.39M $65.29M
YoY Change -232.45% -134.52%
Income Tax -$15.08M $21.50M
% Of Pretax Income 32.94%
Net Earnings -$73.82M $46.38M
YoY Change -254.32% -133.09%
Net Earnings / Revenue -15.97% 11.42%
Basic Earnings Per Share -$2.53 $1.57
Diluted Earnings Per Share -$2.53 $1.55
COMMON SHARES
Basic Shares Outstanding 30.57M shares 28.14M shares
Diluted Shares Outstanding 29.96M shares 28.65M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $252.3M $107.6M
YoY Change 8.84% -50.22%
Cash & Equivalents $252.3M $107.6M
Short-Term Investments
Other Short-Term Assets $265.5M $309.1M
YoY Change -25.4% -35.64%
Inventory $107.2M $115.0M
Prepaid Expenses
Receivables $127.4M $118.9M
Other Receivables $39.80M $34.06M
Total Short-Term Assets $671.2M $558.5M
YoY Change -5.02% -30.23%
LONG-TERM ASSETS
Property, Plant & Equipment $24.77M $28.44M
YoY Change 53.17% 100.56%
Goodwill $497.4M $526.8M
YoY Change 15.89% 33.6%
Intangibles $333.6M $354.3M
YoY Change 12.58% 31.08%
Long-Term Investments $32.71M $46.17M
YoY Change -23.16% 6.8%
Other Assets $4.900M $5.166M
YoY Change 10.78% -16.88%
Total Long-Term Assets $5.472B $5.695B
YoY Change 6.72% 12.22%
TOTAL ASSETS
Total Short-Term Assets $671.2M $558.5M
Total Long-Term Assets $5.472B $5.695B
Total Assets $6.143B $6.253B
YoY Change 5.29% 6.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $54.03M $60.26M
YoY Change 143.74% 168.7%
Accrued Expenses $70.31M $66.36M
YoY Change 196.37% 118.39%
Deferred Revenue
YoY Change
Short-Term Debt $2.837B $3.043B
YoY Change 21.68% 21.73%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.362B $3.528B
YoY Change 19.28% 20.89%
LONG-TERM LIABILITIES
Long-Term Debt $2.307B $2.217B
YoY Change 2.78% 8.88%
Other Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Liabilities $2.307B $2.217B
YoY Change 2.6% 7.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.362B $3.528B
Total Long-Term Liabilities $2.307B $2.217B
Total Liabilities $5.675B $5.791B
YoY Change 11.77% 16.32%
SHAREHOLDERS EQUITY
Retained Earnings -$157.7M -$49.14M
YoY Change -436.12% -250.88%
Common Stock $3.000K $3.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $413.8M $402.5M
YoY Change
Total Liabilities & Shareholders Equity $6.143B $6.253B
YoY Change 5.29% 6.44%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income -$73.82M $46.38M
YoY Change -254.32% -133.09%
Depreciation, Depletion And Amortization $12.49M $12.53M
YoY Change 16.54% 57.44%
Cash From Operating Activities -$118.1M $24.49M
YoY Change 415.25% -169.96%
INVESTING ACTIVITIES
Capital Expenditures $1.020M $3.061M
YoY Change -308.59% -525.14%
Acquisitions
YoY Change
Other Investing Activities $97.66M $276.5M
YoY Change 134.13% 652.38%
Cash From Investing Activities $96.63M $273.5M
YoY Change 134.41% 658.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 171.3M -401.5M
YoY Change 10548.85% -10111.42%
NET CHANGE
Cash From Operating Activities -118.1M 24.49M
Cash From Investing Activities 96.63M 273.5M
Cash From Financing Activities 171.3M -401.5M
Net Change In Cash 149.9M -103.5M
YoY Change 652.62% -2151.28%
FREE CASH FLOW
Cash From Operating Activities -$118.1M $24.49M
Capital Expenditures $1.020M $3.061M
Free Cash Flow -$119.1M $21.43M
YoY Change 431.04% -162.5%

Facts In Submission

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us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
172826000 usd
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
54316000 usd
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
128187000 usd
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
75000000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
185000 usd
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
35874000 usd
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-58924000 usd
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3205000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
450000 usd
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1339000 usd
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
451000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8342000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6440000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
80348000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
62039000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
4027000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
4004000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
53803000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
2535000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
2414000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
8527000 usd
rily Redemption Of Subsidiary Temporary Equity And Distributions
RedemptionOfSubsidiaryTemporaryEquityAndDistributions
175763000 usd
rily Redemption Of Subsidiary Temporary Equity And Distributions
RedemptionOfSubsidiaryTemporaryEquityAndDistributions
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-456795000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-163371000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-59807000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2347000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-3027000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-161024000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-62834000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
270926000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
279860000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
109902000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
217026000 usd
us-gaap Interest Paid Net
InterestPaidNet
155520000 usd
us-gaap Interest Paid Net
InterestPaidNet
83102000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6040000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
45343000 usd
us-gaap Nature Of Operations
NatureOfOperations
ORGANIZATION AND NATURE OF BUSINESS OPERATIONS<div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">B. Riley Financial, Inc. and its subsidiaries (collectively, the “Company”) provide investment banking, brokerage, wealth management, asset management, direct lending, business advisory, valuation, and asset disposition services to a broad client base spanning public and private companies, financial sponsors, investors, financial institutions, legal and professional services firms, and individuals. The Company also has a portfolio of communication related businesses that provide consumer Internet access and cloud communication services and consumer related businesses that consist of a brands portfolio, which provides licensing of trademarks and brand investments, and Targus Cayman Holdco Limited (“Targus”), which designs and sells laptop and computer accessories.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company operates in six reportable operating segments: (i) Capital Markets, through which the Company provides investment banking, corporate finance, securities lending, restructuring, research, sales and trading services to corporate and institutional clients; (ii) Wealth Management, through which the Company provides wealth management and tax services to corporate and high-net-worth clients; (iii) Auction and Liquidation, through which the Company provides auction and liquidation services to help clients dispose of assets that include multi-location retail inventory, wholesale inventory, trade fixtures, machinery and equipment, intellectual property and real property; (iv) Financial Consulting, through which the Company provides bankruptcy, financial advisory, forensic accounting, real estate consulting and valuation and appraisal services; (v) Communications, through which the Company provides consumer Internet access and related subscription services, cloud communication services, and mobile phone voice, text, and data services and devices; and (vi) Consumer, including brands, which generates revenue through the licensing of trademarks, and Targus, which generates revenue through sales of laptop and computer accessories. </span></div>During the fourth quarter of 2022, the Company realigned its segment reporting structure to reflect organizational changes from recent acquisitions and the manner in which capital is allocated. The Consumer segment includes the previously reported Brands segment and Targus, which the Company acquired in the fourth quarter of 2022. The Company has also re-aligned its previously reported Principal Investments - Communications and Other segment into the Communications segment and the All Other category that is reported with Corporate and Other.
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
6 segment
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.52
CY2022Q2 rily Services And Fees Revenue
ServicesAndFeesRevenue
191662000 usd
CY2022Q2 rily Trading Income Losses And Fair Value Adjustments On Loan
TradingIncomeLossesAndFairValueAdjustmentsOnLoan
-117763000 usd
CY2022Q2 rily Interest Income Loan And Securities Lending
InterestIncomeLoanAndSecuritiesLending
63835000 usd
CY2022Q2 rily Revenues Sale Of Goods
RevenuesSaleOfGoods
1887000 usd
CY2022Q2 us-gaap Revenues
Revenues
139621000 usd
CY2022Q2 rily Direct Cost Of Service
DirectCostOfService
17785000 usd
CY2022Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1994000 usd
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
167136000 usd
CY2022Q2 rily Interest Expense Securities Lending
InterestExpenseSecuritiesLending
14544000 usd
CY2022Q2 us-gaap Costs And Expenses
CostsAndExpenses
201459000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-61838000 usd
CY2022Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
500000 usd
CY2022Q2 us-gaap Investment Income Dividend
InvestmentIncomeDividend
9243000 usd
CY2022Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
-106164000 usd
CY2022Q2 rily Change In Fair Value Of Financial Instruments And Other
ChangeInFairValueOfFinancialInstrumentsAndOther
4321000 usd
CY2022Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3399000 usd
CY2022Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
31764000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-189101000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-52513000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-136588000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3571000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-140159000 usd
CY2022Q2 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
2002000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-142161000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-142161000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.07
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.07
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28051570 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28051570 shares
rily Services And Fees Revenue
ServicesAndFeesRevenue
394476000 usd
rily Trading Income Losses And Fair Value Adjustments On Loan
TradingIncomeLossesAndFairValueAdjustmentsOnLoan
-137041000 usd
rily Interest Income Loan And Securities Lending
InterestIncomeLoanAndSecuritiesLending
125261000 usd
rily Revenues Sale Of Goods
RevenuesSaleOfGoods
3765000 usd
us-gaap Revenues
Revenues
386461000 usd
rily Direct Cost Of Service
DirectCostOfService
29436000 usd
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
4245000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
342335000 usd
rily Interest Expense Securities Lending
InterestExpenseSecuritiesLending
26310000 usd
us-gaap Costs And Expenses
CostsAndExpenses
402326000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-15865000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
567000 usd
us-gaap Investment Income Dividend
InvestmentIncomeDividend
17104000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-155276000 usd
rily Change In Fair Value Of Financial Instruments And Other
ChangeInFairValueOfFinancialInstrumentsAndOther
10302000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3376000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
62200000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-201992000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-56208000 usd
us-gaap Profit Loss
ProfitLoss
-145784000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4437000 usd
us-gaap Net Income Loss
NetIncomeLoss
-150221000 usd
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
4004000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-154225000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-154225000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27953845 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27953845 shares
us-gaap Use Of Estimates
UseOfEstimates
Use of Estimates The preparation of the condensed consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the condensed consolidated financial statements and reported amounts of revenue and expense during the reporting period. Estimates are used when accounting for certain items such as valuation of securities, allowance for doubtful accounts, the fair value of loans receivables, intangible assets and goodwill, share based arrangements, contingent consideration, and accounting for income tax valuation allowances, recovery of contract assets and sales returns and allowances. Estimates are based on historical experience, where applicable, and assumptions that management believes are reasonable under the circumstances. Due to the inherent uncertainty involved with estimates, actual results may differ.
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentration of Risk<div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Revenues in the Capital Markets, Financial Consulting, Wealth Management, and Communications segments are primarily generated in the United States. Revenues in the Auction and Liquidation segment and Consumer segment are primarily generated in the United States, Australia, Canada, and Europe. </span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company maintains cash in various federally insured banking institutions. The account balances at each institution periodically exceed the Federal Deposit Insurance Corporation’s (“FDIC”) insurance coverage, and as a result, there is a concentration of credit risk related to amounts in excess of FDIC insurance coverage. The Company has not experienced any losses in such accounts. The Company also has substantial cash balances from proceeds received from auctions and liquidation engagements that are distributed to parties in accordance with the collaborative arrangements.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s activities in the Auction and Liquidation segment are executed frequently with, and on behalf of, distressed customers and secured creditors. Concentrations of credit risk can be affected by changes in economic, industry, </span></div>or geographical factors. The Company seeks to control its credit risk and potential risk concentration through risk management activities that limit the Company’s exposure to losses on any one specific liquidation services contract or concentration within any one specific industry. To mitigate the exposure to losses on any one specific liquidations services contract, the Company sometimes conducts operations with third parties through collaborative arrangements.
CY2023Q2 us-gaap Advertising Expense
AdvertisingExpense
5736000 usd
CY2022Q2 us-gaap Advertising Expense
AdvertisingExpense
2594000 usd
us-gaap Advertising Expense
AdvertisingExpense
10857000 usd
us-gaap Advertising Expense
AdvertisingExpense
4357000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2321000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2308000 usd
CY2023Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
107581000 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
268618000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2321000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2308000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
109902000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
270926000 usd
CY2023Q2 rily Net Of Unamortized Costs Origination Fees Premiums And Discounts
NetOfUnamortizedCostsOriginationFeesPremiumsAndDiscounts
4901000 usd
CY2022Q4 rily Net Of Unamortized Costs Origination Fees Premiums And Discounts
NetOfUnamortizedCostsOriginationFeesPremiumsAndDiscounts
3851000 usd
CY2023Q2 rily Unrealized Gain Loss On Loan Receivable
UnrealizedGainLossOnLoanReceivable
9207000 usd
CY2022Q2 rily Unrealized Gain Loss On Loan Receivable
UnrealizedGainLossOnLoanReceivable
-10985000 usd
rily Unrealized Gain Loss On Loan Receivable
UnrealizedGainLossOnLoanReceivable
52666000 usd
rily Unrealized Gain Loss On Loan Receivable
UnrealizedGainLossOnLoanReceivable
-129000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
41656000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
7153000 usd
CY2023Q2 srt Financing Receivable Nonaccrual To Outstanding Percent
FinancingReceivableNonaccrualToOutstandingPercent
0.061
CY2022Q4 srt Financing Receivable Nonaccrual To Outstanding Percent
FinancingReceivableNonaccrualToOutstandingPercent
0.010
CY2023Q2 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Owned
SecurityOwnedAndSoldNotYetPurchasedFairValueSecurityOwned
1072444000 usd
CY2022Q4 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Owned
SecurityOwnedAndSoldNotYetPurchasedFairValueSecurityOwned
1129268000 usd
CY2023Q2 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Sold Not Yet Purchased
SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased
2686000 usd
CY2022Q4 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Sold Not Yet Purchased
SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased
5897000 usd
CY2023Q2 rily Equity Method Investment Number Of Investments
EquityMethodInvestmentNumberOfInvestments
2 investment
CY2023Q2 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
365657000 usd
CY2022Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
371948000 usd
us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
40557000 usd
CY2022 us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
70063000 usd
CY2023Q2 rily Investment Securities
InvestmentSecurities
88959000 usd
CY2022Q4 rily Investment Securities
InvestmentSecurities
94109000 usd
CY2022Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
174437000 usd
CY2023Q2 us-gaap Investments
Investments
942928000 usd
CY2023Q2 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
683827000 usd
CY2023Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1626755000 usd
CY2023Q2 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Sold Not Yet Purchased
SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased
2686000 usd
CY2023Q2 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
4352000 usd
CY2023Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
27724000 usd
CY2023Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
34762000 usd
CY2022Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
174437000 usd
CY2022Q4 us-gaap Investments
Investments
965096000 usd
CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
701652000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1841185000 usd
CY2022Q4 us-gaap Security Owned And Sold Not Yet Purchased Fair Value Security Sold Not Yet Purchased
SecurityOwnedAndSoldNotYetPurchasedFairValueSecuritySoldNotYetPurchased
5897000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
4648000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
173000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
31046000 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
41764000 usd
CY2023Q2 us-gaap Senior Notes
SeniorNotes
1666009000 usd
CY2022Q4 us-gaap Senior Notes
SeniorNotes
1721751000 usd
CY2023Q2 rily Senior Notes Fair Value
SeniorNotesFairValue
1339607000 usd
CY2022Q4 rily Senior Notes Fair Value
SeniorNotesFairValue
1431787000 usd
CY2023Q2 rily Investments In Non Public Entities That Do Not Report Nav
InvestmentsInNonPublicEntitiesThatDoNotReportNAV
1476000 usd
CY2022Q4 rily Investments In Non Public Entities That Do Not Report Nav
InvestmentsInNonPublicEntitiesThatDoNotReportNAV
20251000 usd
CY2022Q4 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
0 eur
CY2023Q2 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
0 eur
CY2023Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-353000 usd
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
834000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-587000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
1130000 usd
CY2023Q2 us-gaap Equity Method Investments
EquityMethodInvestments
46174000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
41298000 usd
us-gaap Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
15000000 usd
us-gaap Stock Issued1
StockIssued1
2111000 usd
us-gaap Stock Issued1
StockIssued1
20320000 usd
rily Business Combination Deferred Cash Consideration
BusinessCombinationDeferredCashConsideration
22661000 usd
CY2023Q2 rily Agent Fees
AgentFees
399000 usd
CY2022Q2 rily Agent Fees
AgentFees
37000 usd
rily Agent Fees
AgentFees
399000 usd
rily Agent Fees
AgentFees
12088000 usd
CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
628000 usd
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
0 usd
us-gaap Restructuring Charges
RestructuringCharges
721000 usd
CY2021Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10.00
CY2021Q4 us-gaap Assets Held In Trust Current
AssetsHeldInTrustCurrent
345000000 usd
CY2021 rily Initial Public Offering Consummate Business Combination Transaction Term
InitialPublicOfferingConsummateBusinessCombinationTransactionTerm
P24M
CY2021 rily Initial Public Offering Consummate Business Combination Transaction Term Circumstance Based
InitialPublicOfferingConsummateBusinessCombinationTransactionTermCircumstanceBased
P27M
us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2023Q1 us-gaap Restructuring Reserve
RestructuringReserve
1996000 usd
CY2022Q1 us-gaap Restructuring Reserve
RestructuringReserve
599000 usd
CY2022Q4 us-gaap Restructuring Reserve
RestructuringReserve
2335000 usd
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
624000 usd
CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
628000 usd
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
0 usd
us-gaap Restructuring Charges
RestructuringCharges
721000 usd
us-gaap Restructuring Charges
RestructuringCharges
0 usd
CY2023Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
929000 usd
CY2022Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
28000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
1367000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
55000 usd
CY2023Q2 rily Restructuring Reserves Non Cash Items
RestructuringReservesNonCashItems
97000 usd
CY2022Q2 rily Restructuring Reserves Non Cash Items
RestructuringReservesNonCashItems
3000 usd
rily Restructuring Reserves Non Cash Items
RestructuringReservesNonCashItems
103000 usd
rily Restructuring Reserves Non Cash Items
RestructuringReservesNonCashItems
5000 usd
CY2023Q2 us-gaap Restructuring Reserve
RestructuringReserve
1792000 usd
CY2022Q2 us-gaap Restructuring Reserve
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CY2023Q2 us-gaap Restructuring Reserve
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1792000 usd
CY2022Q2 us-gaap Restructuring Reserve
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574000 usd
CY2022Q2 us-gaap Restructuring Charges
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CY2023Q2 us-gaap Severance Costs1
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600000 usd
CY2023Q2 us-gaap Business Exit Costs1
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28000 usd
CY2023Q2 us-gaap Restructuring Charges
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us-gaap Severance Costs1
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us-gaap Business Exit Costs1
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us-gaap Restructuring Charges
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2938521000 usd
CY2023Q2 us-gaap Securities Borrowed Not Subject To Master Netting Arrangement
SecuritiesBorrowedNotSubjectToMasterNettingArrangement
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CY2023Q2 us-gaap Securities Borrowed
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CY2023Q2 us-gaap Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
2938521000 usd
CY2023Q2 us-gaap Securities Borrowed Fair Value Of Collateral
SecuritiesBorrowedFairValueOfCollateral
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CY2023Q2 us-gaap Securities Loaned Gross
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2929265000 usd
CY2023Q2 us-gaap Securities Loaned Not Subject To Master Netting Arrangement
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CY2023Q2 us-gaap Securities Loaned
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CY2023Q2 us-gaap Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
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2929265000 usd
CY2023Q2 us-gaap Securities Loaned Fair Value Of Collateral
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CY2022Q4 us-gaap Securities Borrowed Gross
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CY2022Q4 us-gaap Securities Borrowed Not Subject To Master Netting Arrangement
SecuritiesBorrowedNotSubjectToMasterNettingArrangement
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CY2022Q4 us-gaap Securities Borrowed
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CY2022Q4 us-gaap Securities Borrowed Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
SecuritiesBorrowedOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
2343327000 usd
CY2022Q4 us-gaap Securities Borrowed Fair Value Of Collateral
SecuritiesBorrowedFairValueOfCollateral
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CY2022Q4 us-gaap Securities Loaned Gross
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2334031000 usd
CY2022Q4 us-gaap Securities Loaned Not Subject To Master Netting Arrangement
SecuritiesLoanedNotSubjectToMasterNettingArrangement
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CY2022Q4 us-gaap Securities Loaned
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CY2022Q4 us-gaap Securities Loaned Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
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2334031000 usd
CY2022Q4 us-gaap Securities Loaned Fair Value Of Collateral
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114086000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
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144120000 usd
CY2023Q2 rily Investment Banking Fees Commissions And Other Receivable
InvestmentBankingFeesCommissionsAndOtherReceivable
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CY2022Q4 rily Investment Banking Fees Commissions And Other Receivable
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8654000 usd
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125192000 usd
CY2022Q4 us-gaap Accounts Receivable Gross
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CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2023Q2 us-gaap Accounts Receivable Net Current
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CY2022Q4 us-gaap Accounts Receivable Net Current
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CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2023Q2 rily Accounts Receivable Credit Loss Expense Reversal Net Of Adjustments
AccountsReceivableCreditLossExpenseReversalNetOfAdjustments
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CY2022Q2 rily Accounts Receivable Credit Loss Expense Reversal Net Of Adjustments
AccountsReceivableCreditLossExpenseReversalNetOfAdjustments
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rily Accounts Receivable Credit Loss Expense Reversal Net Of Adjustments
AccountsReceivableCreditLossExpenseReversalNetOfAdjustments
3802000 usd
rily Accounts Receivable Credit Loss Expense Reversal Net Of Adjustments
AccountsReceivableCreditLossExpenseReversalNetOfAdjustments
1276000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1209000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1201000 usd
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
2169000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
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CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
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us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
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us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
8000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2773000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2022Q4 us-gaap Assets Held In Trust
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CY2023Q2 us-gaap Inventory Net
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CY2022Q4 us-gaap Inventory Net
InventoryNet
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CY2023Q2 us-gaap Other Long Term Investments
OtherLongTermInvestments
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CY2022Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
41298000 usd
CY2023Q2 us-gaap Prepaid Expense Current And Noncurrent
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CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
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CY2023Q2 us-gaap Unbilled Contracts Receivable
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CY2022Q4 us-gaap Unbilled Contracts Receivable
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CY2022Q4 us-gaap Other Receivables
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CY2022Q4 us-gaap Other Assets
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CY2023Q2 us-gaap Prepaid Expense And Other Assets
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CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
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CY2023Q2 us-gaap Goodwill
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CY2022Q4 us-gaap Goodwill
Goodwill
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CY2022Q4 us-gaap Goodwill
Goodwill
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CY2023Q2 us-gaap Goodwill
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FiniteLivedIntangibleAssetsGross
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CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2023Q2 us-gaap Finite Lived Intangible Assets Net
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CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
106320000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2023Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
160276000 usd
CY2023Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
160276000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
160276000 usd
CY2022Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
160276000 usd
CY2023Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
480339000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
126011000 usd
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
354328000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
480418000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
106320000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
374098000 usd
CY2023Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
10103000 usd
CY2022Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
6940000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
20576000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
13756000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
19279000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
33689000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
30029000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
26792000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
24412000 usd
CY2023Q2 rily Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
59851000 usd
rily Senior Notes Outstanding Total
SeniorNotesOutstandingTotal
1666009000 usd
rily Unamortized Debt Issuance Expenses
UnamortizedDebtIssuanceExpenses
15141000 usd
CY2022 rily Senior Notes Outstanding Total
SeniorNotesOutstandingTotal
1721751000 usd
CY2022 rily Unamortized Debt Issuance Expenses
UnamortizedDebtIssuanceExpenses
18140000 usd
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
60286000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
86798000 usd
CY2023Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
15011000 usd
CY2022Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
33923000 usd
CY2023Q2 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
18655000 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
14760000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
19295000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
23426000 usd
CY2023Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
27724000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
31046000 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
66361000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
68180000 usd
CY2023Q2 us-gaap Other Liabilities
OtherLiabilities
43928000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
64841000 usd
CY2023Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
251260000 usd
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
322974000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
6 segment
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
283896000 usd
CY2023Q2 us-gaap Revenues
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406278000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022Q2 us-gaap Revenues
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenues
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
380137000 usd
us-gaap Revenues
Revenues
386461000 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
118927000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
149110000 usd
CY2023Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
17979000 usd
CY2022Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
14144000 usd
CY2023Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
11665000 usd
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
10055000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
34167000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
24994000 usd
CY2023Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
7908000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
5990000 usd
CY2023Q2 rily Capitalized Contract Cost Recognized
CapitalizedContractCostRecognized
1258000 usd
CY2022Q2 rily Capitalized Contract Cost Recognized
CapitalizedContractCostRecognized
175000 usd
rily Capitalized Contract Cost Recognized
CapitalizedContractCostRecognized
2273000 usd
rily Capitalized Contract Cost Recognized
CapitalizedContractCostRecognized
1090000 usd
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0 usd
CY2023Q2 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0 usd
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0 usd
CY2022Q2 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.328
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2023Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
55349000 usd
CY2023Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
46981000 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
66308000 usd
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1985442 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.52
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1553571 shares
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
46381000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
63536000 usd
us-gaap Net Income Loss
NetIncomeLoss
63536000 usd
us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q2 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
2015000 usd
CY2022Q2 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
2002000 usd
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
4027000 usd
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
4027000 usd
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
4004000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
44366000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
44366000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
59509000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
59509000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
59509000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-154225000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28239116 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28051570 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28411270 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28411270 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27953845 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
415130 shares
CY2022Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
671615 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28654246 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28051570 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29082885 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29082885 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27953845 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.57
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.52
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.55
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.05
CY2023Q2 us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
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CY2022Q2 us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
2156000 usd
us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
814000 usd
us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
4036000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
6 segment
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
65285000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
89764000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21504000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29423000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-56208000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
43781000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-136588000 usd
us-gaap Profit Loss
ProfitLoss
60341000 usd
us-gaap Profit Loss
ProfitLoss
-145784000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2600000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3571000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3195000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4437000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
46381000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-140159000 usd
us-gaap Net Income Loss
NetIncomeLoss
63536000 usd
us-gaap Net Income Loss
NetIncomeLoss
-150221000 usd
CY2023Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2015000 usd
CY2022Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2002000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
4027000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
4004000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
44366000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
44366000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-142161000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-142161000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
59509000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
59509000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-154225000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-154225000 usd
CY2023Q2 rily Services And Fees Revenue
ServicesAndFeesRevenue
230327000 usd
CY2022Q2 rily Services And Fees Revenue
ServicesAndFeesRevenue
191662000 usd
rily Services And Fees Revenue
ServicesAndFeesRevenue
465886000 usd
rily Services And Fees Revenue
ServicesAndFeesRevenue
394476000 usd
CY2023Q2 rily Sale Of Goods
SaleOfGoods
58387000 usd
CY2022Q2 rily Sale Of Goods
SaleOfGoods
1887000 usd
rily Sale Of Goods
SaleOfGoods
126164000 usd
rily Sale Of Goods
SaleOfGoods
3765000 usd
CY2023Q2 rily Interest Income Loan And Securities Lending
InterestIncomeLoanAndSecuritiesLending
75199000 usd
CY2022Q2 rily Interest Income Loan And Securities Lending
InterestIncomeLoanAndSecuritiesLending
63835000 usd
rily Interest Income Loan And Securities Lending
InterestIncomeLoanAndSecuritiesLending
152385000 usd
rily Interest Income Loan And Securities Lending
InterestIncomeLoanAndSecuritiesLending
125261000 usd
CY2023Q2 us-gaap Revenues
Revenues
406278000 usd
CY2022Q2 us-gaap Revenues
Revenues
139621000 usd
us-gaap Revenues
Revenues
838368000 usd
us-gaap Revenues
Revenues
386461000 usd
CY2023Q2 us-gaap Noncurrent Assets
NoncurrentAssets
28443000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
27141000 usd
CY2023Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false

Files In Submission

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rily-20230630_cal.xml Edgar Link unprocessable
rily-20230630_def.xml Edgar Link unprocessable
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0001628280-23-028639-index.html Edgar Link pending
0001628280-23-028639.txt Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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rily-20230630_lab.xml Edgar Link unprocessable
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rily-20230630_htm.xml Edgar Link completed