B. Riley Financial (RILY) 10-K30 Mar 152014 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Mar. 23, 2015	Jun. 30, 2014
Document And Entity Information
Entity Registrant Name	B. Riley Financial, Inc.
Entity Central Index Key	1464790
Document Type	10-K
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$44,900
Entity Common Stock, Shares Outstanding		16,301,940
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2014

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$21,600	$18,867
Restricted cash	7,657	325
Securities owned, at fair value	17,955	0
Accounts receivable, net	10,098	8,858
Lease finance receivable	0	8,099
Advances against customer contracts	16,303	1,058
Goods held for sale or auction	4,117	13,964
Note receivable related party - current portion	0	703
Deferred income taxes	6,420	3,870
Prepaid expenses and other current assets	3,795	948
Total current assets	87,945	56,692
Note receivable related party - net of current portion		497
Property and equipment, net	776	1,090
Goodwill	27,557	5,688
Other intangible assets, net	2,799	140
Deferred income taxes	19,181	8,739
Other assets	732	831
Total assets	138,990	73,677
Current liabilities:
Accounts payable and accrued liabilities	12,233	11,578
Due to related parties	213	45
Auction and liquidation proceeds payable	665	0
Securities sold not yet purchased	746	0
Mandatorily redeemable noncontrolling interests	2,922	2,823
Asset based credit facility	18,506	5,710
Revolving credit facility	56	333
Current portion of long-term debt	0	1,724
Notes payable	6,570	6,856
Total current liabilities	41,911	29,069
Long-term debt, net of current portion	0	48,759
Total liabilities	41,911	77,828
Commitments and contingencies
B. Riley Financial, Inc. stockholders' equity (deficit):
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; none issued	0	0
Common stock, $0.0001 par value; 135,000,000 shares authorized; 15,968,607 and 1,500,107 issued and outstanding as of December 31, 2014 and 2013, respectively	2	4
Additional paid-in capital	110,598	3,086
Retained earnings (deficit)	-12,891	-6,611
Accumulated other comprehensive income (loss)	-648	-638
Total B. Riley Financial, Inc. stockholders' equity (deficit)	97,061	-4,163
Noncontrolling interests	18	12
Total equity (deficit)	97,079	-4,151
Total liabilities and equity (deficit)	$138,990	$73,677

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, issued	0	0
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	135,000,000	135,000,000
Common stock, issued	15,968,607	1,500,107
Common stock, outstanding	15,968,607	1,500,107

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues:
Services and fees	$67,257	$59,967	$65,624
Sale of goods	9,859	16,165	18,312
Total revenues	77,116	76,132	83,936
Operating expenses:
Direct cost of services	23,466	24,146	23,911
Cost of goods sold	14,080	11,506	12,750
Selling, general and administrative	44,453	36,382	39,834
Restructuring charge	2,548	0	0
Total operating expenses	84,547	72,034	76,495
Operating (loss) income	-7,431	4,098	7,441
Other income (expense):
Interest income	12	26	201
Loss from equity investment in Great American Real Estate, LLC	0	-21	-120
Loss from equity investment in Shoon Trading Limited	0	-156	0
Gain from bargain purchase	0	0	1,366
Interest expense	-1,262	-2,667	-2,612
(Loss) income before income taxes	-8,681	1,280	6,276
Benefit (provision) for income taxes	2,886	-704	-1,936
Net (loss) income	-5,795	576	4,340
Net income (loss) attributable to noncontrolling interests	6	-482	819
Net (loss) income attributable to B. Riley Financial, Inc.	($5,801)	$1,058	$3,521
Basic (loss) earnings per share	($0.60)	$0.74	$2.46
Diluted (loss) earnings per share	($0.60)	$0.71	$2.38
Weighted average basic shares outstanding	9,612,154	1,434,107	1,434,107
Weighted average diluted shares outstanding	9,612,154	1,494,328	1,480,671

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPHREHENSIVE INCOME (LOSS) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statement of Comprehensive Income [Abstract]
Net (loss) income	($5,795)	$576	$4,340
Other comprehensive loss:
Change in cumulative translation adjustment	-10	-118	-273
Other comprehensive loss, net of tax	-10	-118	-273
Total comprehensive (loss) income	-5,805	458	4,067
Comprehensive income (loss) attributable to noncontrolling interests	6	-482	819
Comprehensive (loss) income attributable to B. Riley Financial, Inc.	($5,811)	$940	$3,248

CONSOLIDATED_STATEMENTS_OF_EQU

CONSOLIDATED STATEMENTS OF EQUITY (DEFICIT) (USD $)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Deficit) [Member]	Accumulated Other Comprehensive Loss [Member]	Noncontrolling Interest [Member]	Total
In Thousands, except Share data	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings (Deficit) [Member]	Accumulated Other Comprehensive Loss [Member]	Noncontrolling Interest [Member]	Total
Balance at Dec. 31, 2011			$3,181	($11,190)	($247)		($8,256)
Balance (in shares) at Dec. 31, 2011		1,550,039
Foreign currency translation adjustment					-273		-273
Formation of noncontrolling interests						78	78
Cancellation of founders contingent shares held in escrow
Cancellation of founders contingent shares held in escrow (in shares)		-50,000
Purchase of noncontrolling interest in subsidiary			-95				-95
Changes in noncontrolling interests						31	31
Adjustments for restricted stock awards
Adjustments for restricted stock awards (in shares)		68
Dividend Paid							0
Net (loss) income				3,521		819	4,340
Balance at Dec. 31, 2012			3,086	-7,669	-520	928	-4,175
Balance (in shares) at Dec. 31, 2012		1,500,107
Change in noncontrolling interest from deconsolidation of Shoon Trading Limited						-434	-434
Foreign currency translation adjustment					-118		-118
Changes in noncontrolling interests						-482	-482
Dividend Paid							0
Net (loss) income				1,058			576
Balance at Dec. 31, 2013			3,086	-6,611	-638	12	-4,151
Balance (in shares) at Dec. 31, 2013		1,500,107
Foreign currency translation adjustment					-10		-10
Formation of noncontrolling interests				-5,801		6	-5,795
Issuance of common stock on June 5, 2014 for cash net of issuance costs of $215		1	51,232				51,233
Issuance of common stock on June 5, 2014 for cash net of issuance costs of $215 (in shares)		10,289,300
Forgiveness of long-term debt on June 5, 2014 from the former Great American Group Members			18,759				18,759
Issuance of common stock for acquisition of B. Riley & Co., Inc.		1	26,350				26,351
B. Riley Financials, Inc. common stock owned by B. Riley & Co, Inc. - cancelled upon acquisition			-29				-29
B. Riley Financials, Inc. common stock owned by B. Riley & Co, Inc. - cancelled upon acquisition (in shares)		-3,437
Dividend Paid				-479			-479
Deferred tax asset from principal payment on debt to the former Great American Group Members			11,200				11,200
Net (loss) income				-5,801		6	-5,795
Balance at Dec. 31, 2014		$2	$110,598	($12,891)	($648)	$18	$97,079
Balance (in shares) at Dec. 31, 2014		15,968,607

CONSOLIDATED_STATEMENTS_OF_EQU1

CONSOLIDATED STATEMENTS OF EQUITY (DEFICIT) (Parenthetical) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Statement of Stockholders' Equity [Abstract]
Payments of Stock Issuance Costs	$215

CONSOLDIATED_STATEMENTS_OF_CAS

CONSOLDIATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net (loss) income	($5,795)	$576	$4,340
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:
Depreciation and amortization	646	1,863	835
Provision for doubtful accounts	532	-12	108
Impairment of goods held for sale or auction	4,675	428	194
Effect of foreign currency on operations	137	226	-98
Loss from equity investment in Great American Real Estate, LLC and Shoon Trading Limited	0	177	120
Gain from bargain purchase	0	0	-1,366
Loss on disposal of assets	91	0	3
Deferred income taxes	-2,984	989	1,366
Income allocated to mandatorily redeemable noncontrolling interests	1,892	1,897	1,928
Change in operating assets and liabilities:
Accounts receivable and advances against customer contracts	-15,195	5,145	-6,172
Lease finance receivable	107	-8,099	0
Securities owned	-16,006	0	0
Inventory	0	455	1,618
Goods held for sale or auction	9,414	-1,625	2,361
Loan receivable	0	156	8,519
Prepaid expenses and other assets	-59	167	-33
Accounts payable and accrued expenses	-1,142	-3,971	1,641
Amounts due to related parties	168	0	0
Securities sold not yet purchased	-176	0	0
Auction and liquidation proceeds payable	665	-864	846
Net cash (used in) provided by operating activities	-23,030	-2,492	16,210
Cash flows from investing activities:
Acquisition of business	0	0	-1,246
Cash acquired from acquisition of B. Riley & Co., Inc.	2,667	0	0
Deconsolidation of Shoon Trading Limited	0	-1,564	0
Purchase of noncontrolling interest in subsidiary	0	0	-95
Purchases of property and equipment	-252	-1,142	-634
Proceeds from sale of property and equipment	0	0	21
Collection of receivable - related party	1,200	611	3,233
Equity investment in Great American Real Estate, LLC	0	-21	-120
Decrease (increase) in restricted cash	-7,282	7,598	-7,923
Net cash (used in) provided by investing activities	-3,667	5,482	-6,764
Cash flows from financing activities:
(Repayments of) proceeds from revolving line of credit	-277	-1,971	362
Proceeds from asset based credit facility	12,796	5,710	0
Payment of financing costs	0	-375	0
Repayment of notes payable and capital lease obligations	-286	-2,785	-2,138
Repayments of long-term debt	-31,724	-1,724	-1,724
Proceeds from issuance of common stock	51,233	0	0
Proceeds from formation of noncontrolling interests	0	0	78
Dividends paid	-479	0	0
Distributions to noncontrolling interests	-1,794	-1,930	-2,466
Net cash provided by (used in) financing activities	29,469	-3,075	-5,888
Effect of foreign currency on cash	-39	231	129
Net increase in cash and cash equivalents	2,733	146	3,687
Cash and cash equivalents, beginning of year	18,867	18,721	15,034
Cash and cash equivalents, end of year	21,600	18,867	18,721
Supplemental disclosures:
Interest paid	1,501	1,724	2,616
Income taxes paid	$44	$175	$278

ORGANIZATION_BUSINESS_OPERATIO

ORGANIZATION, BUSINESS OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION, BUSINESS OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES	NOTE 1—ORGANIZATION, BUSINESS OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES

	Organization and Nature of Operations

	B. Riley Financial, Inc. (formerly known as Great American Group, Inc.) and its subsidiaries (collectively the “Company”) provide (i) asset disposition, valuation and appraisal and capital advisory services to a wide range of retail, wholesale and industrial clients, as well as lenders, capital providers, private equity investors and professional services firms throughout the United States, Canada, and Europe and (ii) following the Company’s acquisition of B. Riley & Co. Inc. (“BRC”) on June 18, 2014, as more fully described below, corporate finance, research, sales and trading services to corporate, institutional and high net worth clients.

	In 2014, with the acquisition of BRC, the Company operates in three operating segments: capital market services (“Capital Markets”), auction and liquidation services (“Auction and Liquidation”), and valuation and appraisal services (“Valuation and Appraisal”). In the Capital Markets segment, the Company provides corporate finance, research, sales and trading services to corporate, institutional and high net worth clients. In the Auction and Liquidation segment, the Company provides auction and liquidation services to help clients dispose of assets and capital advisory services. Such assets include multi-location retail inventory, wholesale inventory, trade fixtures, machinery and equipment, intellectual property and real property. In the Valuation and Appraisal segment, the Company provides valuation and appraisal services to clients with independent appraisals in connection with asset based loans, acquisitions, divestitures and other business needs. The Company’s business in 2013 had an operating segment relating to the operation of UK retail stores (“UK Retail Stores”). The UK Retail Stores segment included the operation of ten retail shoe stores in the United Kingdom as a result of the acquisition of Shoon Trading Limited (“Shoon”) on May 4, 2012. In August 2013, the Shoon shareholder agreement was also amended and restated to eliminate the Company’s super majority voting rights which enabled the Company to control the board of directors of Shoon. As a result of this amendment, the Company no longer controlled the board of directors of Shoon, no longer operated in the UK Retail Stores segment, and Shoon’s operating results are not consolidated for any periods after July 31, 2013. In January 2014, Shoon was sold to a third party, and the Company no longer has a financial interest in the operations of Shoon.

	The Company was incorporated in Delaware on May 7, 2009 as a wholly-owned subsidiary of Alternative Asset Management Acquisition Corp. (“AAMAC”). The Company was formed as a “shell company” for the purpose of acquiring Great American Group, LLC (“GAG, LLC”), a California limited liability company. On July 31, 2009, the members of GAG, LLC (the “Great American Members”) contributed all of their membership interests of GAG, LLC to the Company (the “Contribution”) in exchange for 528,000 shares of common stock of the Company and a subordinated unsecured promissory note in an initial principal amount of $60,000 issued in favor of the Great American Members and the phantom equityholders of GAG, LLC (the “Phantom Equityholders”, and together with the Great American Members, the “Contribution Consideration Recipients”) (see Note 11). Concurrently with the Contribution, AAMAC merged with and into AAMAC Merger Sub, Inc. (“Merger Sub”), a subsidiary of the Company (the “Merger” and, together with the Contribution, the “Acquisition”). As a result of the Acquisition, GAG, LLC and AAMAC became wholly-owned subsidiaries of the Company. The Acquisition has been accounted for as a reverse merger accompanied by a recapitalization of the Company.

	Reverse Stock Split

	On June 3, 2014, the Company completed a 1 for 20 reverse split of its common stock. The reverse split reduced the Company’s then outstanding shares of 30,002,975 to 1,500,107. Fractional shares from the reverse split were paid in cash based on the closing price of the Company’s common stock on June 2, 2014. The share amounts and earnings per share amounts in the Company’s consolidated financial statement have been adjusted as if the reverse split occurred on January 1, 2012.

	Private Placement

	On June 5, 2014, the Company completed a private placement of 10,289,300 shares of common stock at a purchase price of $5.00 per share (the “Private Placement”). There were fifty-three accredited investors (the “Investors”) that participated in the Private Placement pursuant to the terms and provisions of a securities purchase agreement entered into among the Company and the Investors on May 19, 2014. At the closing of the Private Placement on June 5, 2014, the Company received net proceeds of approximately $51,233. On June 5, 2014, the Company used $30,180 of the net proceeds from the Private Placement to repay long-term debt payable to Andrew Gumaer and Harvey Yellen, the two former Great American Members (as described in Note 11), both of whom were executive officers and directors of the Company at the time of such repayment. The $30,000 principal payment and then outstanding accrued interest of $180 retired the entire $48,759 face amount of the long-term debt at a discount of $18,759. The discount of $18,759 has been recorded as a capital contribution to additional paid in capital.

	The Company entered into a registration rights agreement (the “Registration Rights Agreement”) with the investors participating in the Private Placement and selling shareholders of BRC. In accordance with the terms of the Registration Rights Agreement, the Company filed a registration statement on Form S-1 with the Securities and Exchange Commission covering the resale of the common stock issued in the Private Placement and acquisition of BRC on September 18, 2014 and the registration statement was declared effective on November 7, 2014.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Dec. 31, 2014
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	(a) Principles of Consolidation and Basis of Presentation

	The consolidated financial statements include the accounts of B. Riley Financial, Inc. and its wholly owned and majority-owned subsidiaries. The consolidated financial statements also include the accounts of Great American Global Partners, LLC which is controlled by the Company as a result of its ownership of a 50% member interest, appointment of two of the three executive officers and significant influence over the funding of operations. All intercompany accounts and transactions have been eliminated upon consolidation.

	The accounting guidance requires an enterprise to perform an analysis to determine whether the enterprise’s variable interest or interests give it a controlling financial interest in a variable interest entity; to require ongoing reassessments of whether an enterprise is the primary beneficiary of a VIE; to eliminate the solely quantitative approach previously required for determining the primary beneficiary of a VIE; to add an additional reconsideration event for determining whether an entity is a VIE when any changes in facts and circumstances occur such that holders of the equity investment at risk, as a group, lose the power from voting rights or similar rights of those investments to direct the activities of the entity that most significantly impact the entity’s economic performance; and to require enhanced disclosures that will provide users of financial statements with more transparent information about an enterprise’s involvement in a VIE. As more fully described in Note 19, the Company determined that its’ equity investment and subordinated financing arrangements with Great American Real Estate, LLC (“GARE”), a joint venture 50% owned by the Company and Kelly Capital, LLC, changes the status of GARE to a VIE that does not require consolidation in the Company’s consolidated financial statements.

	(b) Use of Estimates

	The preparation of the 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 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, reserves for accounts receivable and slow moving goods held for sale or auction, the carrying value of intangible assets and goodwill, the fair value of mandatorily redeemable noncontrolling interests and accounting for income tax valuation 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.

	(c) Revenue Recognition

	Revenues are recognized in accordance with the accounting guidance when persuasive evidence of an arrangement exists, the related services have been provided, the fee is fixed or determinable, and collection is reasonably assured.

	Revenues in the Capital Markets segment are primarily comprised of (i) fees earned from corporate finance and investment banking services; and (ii) revenues from sales and trading activities.

	Fees earned from corporate finance and investment banking services are derived from debt, equity and convertible securities offerings in which the Company acted as an underwriter or placement agent and from financial advisory services rendered in connection with client mergers, acquisitions, restructurings, recapitalizations and other strategic transactions. Fees from underwriting activities are recognized in earnings when the services related to the underwriting transaction are completed under the terms of the engagement and when the income was determined and is not subject to any other contingencies.

	Revenues from sales and trading includes (i) commissions resulting from equity securities transactions executed as agent or principal and are recorded on a trade date basis, (ii) related net trading gains and losses from market making activities and from the commitment of capital to facilitate customer orders, (iii) fees paid for equity research and (iv) principal transactions which include realized and unrealized net gains and losses resulting from our principal investments in equity and other securities for the Company’s account.

	Revenues in the Valuation and Appraisal segment are primarily comprised of fees for valuation and appraisal services. Revenues are recognized upon the delivery of the completed services to the related customers and collection of the fee is reasonably assured. Revenues in the Valuation and Appraisal segment also include contractual reimbursable costs which totaled $3,013, $2,811 and $2,704 for the years ended December 31, 2014, 2013 and 2012, respectively.

	Revenues in the Auction and Liquidation segment are comprised of (i) commissions and fees earned on the sale of goods at auctions and liquidations; (ii) revenues from auction and liquidation services contracts where the Company guarantees a minimum recovery value for goods being sold at auction or liquidation; (iii) revenue from the sale of goods that are purchased by the Company for sale at auction or liquidation sales events; (iv) fees earned from real estate services and the origination of loans; (v) revenues from financing activities is recorded over the lives of related loans receivable using the interest method; and (vi) revenues from contractual reimbursable expenses incurred in connection with auction and liquidation contracts.

	Commission and fees earned on the sale of goods at auction and liquidation sales are recognized when evidence of an arrangement exists, the sales price has been determined, title has passed to the buyer and the buyer has assumed the risks of ownership, and collection is reasonably assured. The commission and fees earned for these services are included in revenues in the accompanying consolidated statements of operations. Under these types of arrangements, revenues also include contractual reimbursable costs which totaled $6,950, $5,620 and $5,295 for the years ended December 31, 2014, 2013, and 2012, respectively.

	Revenues earned from auction and liquidation services contracts where the Company guarantees a minimum recovery value for goods being sold at auction or liquidation are recognized based on proceeds received. The Company records proceeds received from these types of engagements first as a reduction of contractual reimbursable expenses, second as a recovery of its guarantee and thereafter as revenue, subject to such revenue meeting the criteria of having been fixed or determinable. Contractual reimbursable expenses and amounts advanced to customers for minimum guarantees are initially recorded as advances against customer contracts in the accompanying consolidated balance sheets. If, during the auction or liquidation sale, the Company determines that the proceeds from the sale will not meet the minimum guaranteed recovery value as defined in the auction or liquidation services contract, the Company accrues a loss on the contract in the period that the loss becomes known. Revenues in the Auction and Liquidation segment include a loss accrual of $6,100 for one retail liquidation engagement where the Company guaranteed a minimum recovery value to be realized for the liquidation of inventory.

	The Company also evaluates revenue from auction and liquidation contracts in accordance with the accounting guidance to determine whether to report auction and liquidation segment revenue on a gross or net basis. The Company has determined that it acts as an agent in a substantial majority of its auction and liquidation services contracts and therefore reports the auction and liquidation revenues on a net basis.

	Revenues from the sale of goods are recorded gross and are recognized in the period in which the sale of goods held for sale or auction are completed, title to the property passes to the purchaser and the Company has fulfilled its obligations with respect to the transaction. These revenues are primarily the result of the Company acquiring title to merchandise with the intent of selling the items at auction or for augmenting liquidation sales.

	Revenues from sales-type leases are recorded as an asset at lease inception. The asset is recorded at the aggregate future minimum lease payments, estimated residual value of the leased equipment, and deferred incremental direct costs less unearned income. Income is recognized over the life of the lease to approximate a level rate of return on the net investment. During the year ended December 31, 2013, the terms of the lease agreement for four oil rigs that was included in leased equipment at December 31, 2012 was amended to, among other things, eliminate the right of the lessor to return the oil rigs to the Company. This amendment changed the classification of the lease from an operating lease to a sales-type lease and resulted in the Company recording revenues from the sale of the oil rigs of $9,280 and cost of goods sold of $7,447 during the year ended December 31, 2013.

	Fees earned from real estate services and the origination of loans where the Company provides capital advisory services are recognized in the period earned, if the fee is fixed and determinable and collection is reasonably assured.

	Revenues from the sale of goods in our UK retail stores segment were recognized as revenue upon the sale of product to retail customers through July 31, 2013. Our net sales represent gross sales invoiced to customers, less certain related charges for discounts, returns, and other promotional allowances and are recorded net of sales or value added tax. Allowances provided for these items are presented in the consolidated financial statements primarily as reductions to sales and cost of sales.

	In the normal course of business, the Company will enter into collaborative arrangements with other merchandise liquidators to collaboratively execute auction and liquidation contracts. The Company’s collaborative arrangements specifically include contractual agreements with other liquidation agents in which the Company and such other liquidation agents actively participate in the performance of the liquidation services and are exposed to the risks and rewards of the liquidation engagement. The Company’s participation in collaborative arrangements including its rights and obligations under each collaborative arrangement can vary. Revenues from collaborative arrangements are recorded net based on the proceeds received from the liquidation engagement. Amounts paid to participants in the collaborative arrangements are reported separately as direct costs of revenues. Revenue from collaborative arrangements in which the Company is not the majority participant is recorded net based on the Company’s share of proceeds received. There were no revenues and direct cost of services subject to collaborative arrangements during the year ended December 31, 2014. There were revenues of $8,094 and $4,238 and direct cost of services of $1,073 and $3,331 subject to collaborative arrangements during the years ended December 31, 2013 and 2012, respectively.

	(d) Direct Cost of Services

	Direct cost of services relate to service and fee revenues. The costs consist of employee compensation and related payroll benefits, travel expenses, the cost of consultants assigned to revenue-generating activities and direct expenses billable to clients in the Valuation and Appraisal segment. Direct costs of services include participation in profits under collaborative arrangements in which the Company is a majority participant. Direct costs of services also include the cost of consultants and other direct expenses related to auction and liquidation contracts pursuant to commission and fee based arrangements in the Auction and Liquidation segment. Direct cost of services does not include an allocation of the Company’s overhead costs.

	(e) Concentration of Risk

	Revenues from one liquidation service contract to a retailer and the sale of four oil rigs to one customer represented 10.7% and 12.2% of total revenues during the year ended December 31, 2013. Revenues from one liquidation service contract to a retailer represented 14.4% of total revenues during the year ended December 31, 2012. Revenues in the Valuation and Appraisal segment and the Auction and Liquidation segment are primarily generated in the United States and Europe.

	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, 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 liquidation services contract, the Company sometimes conducts operations with third parties through collaborative arrangements.

	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.

	(f) Advertising Expense

	The Company expenses advertising costs, which consist primarily of costs for printed materials, as incurred. Advertising costs totaled $262, $446 and $698 for the years ended December 31, 2014, 2013, and 2012, respectively. Advertising expense is included as a component of selling, general and administrative expenses in the accompanying consolidated statement of operations.

	(g) Share-Based Compensation

	The Company’s share based payment awards principally consist of grants of restricted stock and restricted stock units. Share based payment awards also includes grants of membership interests in the Company’s majority owned subsidiaries. The grants of membership interests consist of percentage interests in the Company’s majority owned subsidiaries as determined at the date of grant. In accordance with the applicable accounting guidance, share based payment awards are classified as either equity or liabilities. For equity-classified awards, the Company measures compensation cost for the grant of membership interests at fair value on the date of grant and recognizes compensation expense in the consolidated statement of operations over the requisite service or performance period the award is expected to vest. The fair value of the liability-classified award will be subsequently remeasured at each reporting date through the settlement date. Change in fair value during the requisite service period will be recognized as compensation cost over that period.

	(h) Income Taxes

The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the consolidated financial statements or tax returns. Deferred tax liabilities and assets are determined based on the difference between the financial statement basis and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The Company estimates the degree to which tax assets and credit carryforwards will result in a benefit based on expected profitability by tax jurisdiction. A valuation allowance for such tax assets and loss carryforwards is provided when it is determined to be more likely than not that the benefit of such deferred tax asset will not be realized in future periods. Tax benefits of operating loss carryforwards are evaluated on an ongoing basis, including a review of historical and projected future operating results, the eligible carryforward period, and other circumstances. If it becomes more likely than not that a tax asset will be used, the related valuation allowance on such assets would be reduced.

(i) Cash and Cash Equivalents

The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.

(j) Restricted Cash

The Company maintains deposits in accounts under the control of a financial institution as collateral for letters of credit relating to liquidation engagements in connection with the $100,000 credit facility described in Note 10 (a) and the $6,856 note payable described in Note 12. As of December 31, 2014, restricted cash included $7,532 of cash collateral for the letters of credit and the outstanding loan balance under of asset based credit facility, $50 of cash segregated in a special reserve bank account for the benefit of customers related to our broker dealer subsidiary, and $75 of cash collateral for electronic payment processing in Europe. As of December 31, 2013, restricted cash included $165 of cash collateral for electronic payment processing in Europe and $160 of cash collected from the leasing transactions related to four oil rigs that collateralize the related note payable, which had an outstanding principal amount of $6,570 as of December 31, 2014.

(k) Accounts Receivable

Accounts receivable represents amounts due from the Company’s auction and liquidation and valuation and appraisal customers. The Company maintains an allowance for doubtful accounts for estimated losses inherent in its accounts receivable portfolio. In establishing the required allowance, management utilizes a specific customer identification methodology. Management also considers historical losses adjusted for current market conditions and the customers’ financial condition and the current receivables aging and current payment patterns. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The Company does not have any off-balance sheet credit exposure related to its customers. The Company’s bad debt expense totaled $532, $18 and $108 for the years ended December 31, 2014, 2013 and 2012, respectively. These amounts are included as a component of selling, general and administrative expenses in the accompanying consolidated statement of operations.

(l) Advances Against Customer Contracts

Advances against customer contracts represent advances of contractually reimbursable expenses incurred prior to, and during the term of the auction and liquidation services contract. These advances are charged to expense in the period that revenue is recognized under the contract.

(m) Goods Held for Sale or Auction

Goods held for sale or auction are stated at the lower of cost, determined by the specific-identification method, or market.

(n) Lease Finance Receivable

Lease finance receivables consisted of the Company’s net investment in sales-type leases for four oil rigs as of December 31, 2013. The gross lease payments included a bargain purchase option in the amount of $4,242 that was payable upon the maturity of the lease on December 15, 2014. The leasee did not exercise its right to purchase the four oil rigs in accordance with the bargain purchase option. Upon the expiration of the lease on December 15, 2014, the Company recorded an impairment charge in the amount of $1,142 in cost of goods sold to write-down the four oil rigs to their estimated fair value of $3,100 which is included in goods held for sale at December 31, 2014. In addition, the leasee was in default and arrears on certain lease payments in the amount of $2,363 that are included in prepaid expenses and other current assets at December 31, 2014. The lease payments are guaranteed by the parent company of the lessee and the lessee was notified by the Company that it is in default under the lease and demanded payment. In response to this, on June 16, 2014, the leasee has demanded binding arbitration. Management believes that such arbitration will result in the lessee being required to fulfill its obligation under the lease contract and the amounts due from the leasee are collectible. On January 11, 2015, the Company’s wholly-owned subsidiary which was a party to the lease agreement filed for voluntary bankruptcy protection as more fully discussed in Note 12. The lease finance receivable at December 31, 2013 is comprised of the following:

		December 31,
		2013

Minimum lease payment receivable		$	4,367
Lease purchase option			4,242
Unearned income			(510	)
Total lease finance receivable		$	8,099

(o) Securities Owned and Securities Sold Not Yet Purchased

Securities owned consists of marketable securities recorded at fair value. Securities sold, but not yet purchased represents obligations of the Company to deliver the specified security at the contracted price and thereby create a liability to purchase the security in the market at prevailing prices. Changes in the value of these securities are reflected currently in the results of operations.

As of December 31, 2014, the Company’s securities owned and securities sold not yet purchased at fair value consisted of the following securities:

		December 31,
		2014
Securities owned
Common stocks		$	16,667
Corporate bonds			1,188
Partnership interests			100
		$	17,955

Securities sold not yet purchased
Corporate bonds		$	746

(p) Property and Equipment

Property and equipment are stated at cost. Depreciation and amortization is computed using the straight-line method over the estimated useful lives of the assets. Property and equipment held under capital leases are amortized on a straight-line basis over the shorter of the lease term or estimated useful life of the asset. Property and equipment under capital leases were stated at the present value of minimum lease payments.

(q) Goodwill and Other Intangible Assets

The Company accounts for goodwill and intangible assets in accordance with the accounting guidance which requires that goodwill and other intangibles with indefinite lives be tested for impairment annually or on an interim basis if events or circumstances indicate that the fair value of an asset has decreased below its carrying value.

Goodwill includes (i) the excess of the purchase price over the fair value of net assets acquired in a business combinations and (ii) an increase for the subsequent acquisition of noncontrolling interests during the year ended December 31, 2007 (also see Note 8). The Accounting Standards Codification (“Codification”) requires that goodwill be tested for impairment at the reporting unit level (operating segment or one level below an operating segment). Application of the goodwill impairment test requires judgment, including the identification of reporting units, assigning assets and liabilities to reporting units, assigning goodwill to reporting units, and determining the fair value. The Company operates two reporting units, which are the same as its reporting segments described in Note 20. Significant judgment is required to estimate the fair value of reporting units which includes estimating future cash flows, determining appropriate discount rates and other assumptions. Changes in these estimates and assumptions could materially affect the determination of fair value and/or goodwill impairment.

When testing goodwill for impairment, the Company may assess qualitative factors for some or all of our reporting units to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount, including goodwill. Alternatively, the Company may bypass this qualitative assessment for some or all of our reporting units and perform a detailed quantitative test of impairment (step 1). If the Company performs the detailed quantitative impairment test and the carrying amount of the reporting unit exceeds its fair value, the Company would perform an analysis (step 2) to measure such impairment. In 2014, the Company first performed a qualitative assessment to identify and evaluate events and circumstances to conclude whether it is more likely than not that the fair value of the Company’s reporting units are less than its carrying amounts. Based on the Company’s qualitative assessments, the Company concluded that a positive assertion can be made from the qualitative assessment that it is more likely than not that the fair value of the reporting units exceeded their carrying values and no impairments were identified.

The Company reviews the carrying value of its amortizable intangibles and other long-lived assets for impairment at least annually or whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of long-lived assets is measured by comparing the carrying amount of the asset or asset group to the undiscounted cash flows that the asset or asset group is expected to generate. If the undiscounted cash flows of such assets are less than the carrying amount, the impairment to be recognized is measured by the amount by which the carrying amount of the asset or asset group, if any, exceeds its fair market value. No impairment was deemed to exist as of December 31, 2014.

(r) Fair Value Measurements

The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market. The Company also records mandatorily redeemable noncontrolling interests that were issued after November 5, 2003 at fair value with fair value determined in accordance with the Accounting Standards Codification (“ASC”). The following table below presents information about the Company’s securities owned, mandatorily redeemable noncontrolling interests and securities sold not yet purchased that are measured at fair value on a recurring basis as of December 31, 2014 and December 31, 2013 which are categorized using the three levels of fair value hierarchy. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) for identical instruments that are highly liquid, observable and actively traded in over-the-counter markets. Fair values determined by Level 2 inputs utilize inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations whose inputs are observable and can be corroborated by market data. Level 3 inputs are unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.

The following tables present information on the liabilities measured and recorded at fair value on a recurring basis as of December 31, 2014 and 2013.

		Financial Assets Measured at Fair Value on a
		Recurring Basis at December 31, 2014, Using
					Quoted prices in		Other		Significant
		Fair Value at			active markets for		observable		unobservable
		December 31,			identical assets		inputs		inputs
		2014			(Level 1)		(Level 2)		(Level 3)
Assets:
Securities owned
Common stocks		$	16,667		$	16,348	$	-	$	319
Corporate bonds			1,188			-		1,188		-
Partnership interests			100			-		100		-
Total assets measured at fair value		$	17,955		$	16,348	$	1,288	$	319

Liabilities:
Securities sold not yet purchased Corporate bonds		$	746		$	-	$	746	$	-

Mandatorily redeemable noncontrolling interests issued after November 5, 2003		$	2,285		$	-	$	-	$	2,285
Total liabilities measured at fair value		$	3,031		$	-	$	746	$	2,285

		Financial Assets Measured at Fair Value on a
		Recurring Basis at December 31, 2013, Using
					Quoted prices in		Other		Significant
		Fair Value at			active markets for		observable		unobservable
		December 31,			identical assets		inputs		inputs
		2013			(Level 1)		(Level 2)		(Level 3)
Mandatorily redeemable noncontrolling interests issued after November 5, 2003		$	2,273		$	-	$	-	$	2,273
Total liabilities measured at fair value		$	2,273		$	-	$	-	$	2,273

The Company determined the fair value of mandatorily redeemable noncontrolling interests described above based on the issuance of similar interests for cash, references to industry comparables, and relied, in part, on information obtained from appraisal reports and internal valuation models. The changes in Level 3 fair value hierarchy during the year ended December 31, 2013 and 2014 is as follows:

		Level 3			Level 3 Changes During the Year									Level 3
		Balance at			Fair		Relating to		Purchases,			Transfer in		Balance at
		Beginning of			Value		Undistributed		Sales and			and/or out		End of
		Period			Adjustments		Earnings		Settlements			of Level 3		Period
Year Ended December 31, 2013
Mandatorily redeemable noncontrolling interests issued after November 5, 2003		$	2,246		$	-	$	27	$	-		$	-	$	2,273

Year Ended December 31, 2014
Common stocks		$	-		$	-	$	-	$	319		$	-	$	319
Mandatorily redeemable noncontrolling interests issued after November 5, 2003		$	2,273		$	-	$	103	$	(91	)	$	-	$	2,285

The amount reported in the table above for the years ended December 31, 2013 and December 31, 2014 includes the amount of undistributed earnings attributable to the mandatorily redeemable noncontrolling interests that is distributed on a quarterly basis. The amounts reported in the table above for the year ended December 31, 2014 includes settlements of $91 related to the repurchase of mandatorily redeemable noncontrolling interests from one of our majority owned limited liability company majority owned subsidiaries and $316 of common stock purchased by BRC which is included in securities owned at December 31, 2014.

The carrying amounts reported in the consolidated financial statements for cash, restricted cash, accounts receivable, accounts payable and accrued expenses and other current liabilities approximate fair value based on the short-term maturity of these instruments. The carrying amounts of the notes payable (including credit lines used to finance liquidation engagements) and long-term debt approximate fair value because the contractual interest rates or effective yields of such instruments are consistent with current market rates of interest for instruments of comparable credit risk.

(s) Foreign Currency Translation

The Company transacts business in various foreign currencies. In countries where the functional currency of the underlying operations has been determined to be the local country's currency, revenues and expenses of operations outside the United States are translated into United States dollars using average exchange rates while assets and liabilities of operations outside the United States are translated into United States dollars using year-end exchange rates. Equity accounts of foreign subsidiaries are translated at the historical rate. The effects of foreign currency translation adjustments are included in stockholders' equity as a component of accumulated other comprehensive income in the accompanying consolidated balance sheets. Transaction losses were $137 during the year ended December 31, 2014 and transaction gains were $257 and $892 during the years ended December 31, 2013 and 2012, respectively. These amounts are included in selling, general and administrative expenses in our consolidated statements of operations.

(t) Supplemental Cash Flows Disclosure

During the year ended December 31, 2014, supplemental non-cash activity included a decrease in long term debt of $18,759 related to the discount on the retirement of the long term debt payable to Andrew Gumaer and Harvey Yellen, the two former Great American Members (as more fully described in Notes 1 and 11), both of whom were executive officers and directors of the Company at the time of such retirement. The $48,759 principal amount of long-term debt was repaid in full with a cash payment of $30,000 on June 5, 2014. The discount of $18,759 has been recorded as a capital contribution to additional paid in capital in our consolidated financial statements.

(u) Recent Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board issued an accounting standards update amending revenue recognition requirements for multiple deliverable revenue arrangements. This update provides guidance on how revenue is recognized to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for the goods or services. This determination is made in five steps: (i) identify the contract with the customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the entity satisfies a performance obligation. The update is effective for annual reporting periods after December 15, 2016 and for interim reporting periods within that reporting period. Early adoption is not permitted. The Company has not yet adopted this update and is currently evaluating the impact it may have on its financial condition and results of operations.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
ACQUISITIONS	Dec. 31, 2014
Acquisitions
ACQUISITIONS	NOTE 3— ACQUISITIONS

	Acquisition of B. Riley and Co. Inc.

	On June 18, 2014, the Company completed the acquisition of BRC pursuant to the terms of the Acquisition Agreement (the “Acquisition Agreement”), dated as of May 19, 2014, by and among the Company, Darwin Merger Sub I, Inc., a wholly owned subsidiary of the Company, B. Riley Capital Markets, LLC, a wholly owned subsidiary of the Company (“BCM”), BRC, B. Riley & Co. Holdings, LLC (“BRH”), Riley Investment Management LLC (“RIM,” and collectively with BRC and BRH, the “B. Riley Entities”) and Bryant Riley, a director of the Company and principal owner of each of the B. Riley Entities. In connection with the Company’s acquisition of BRC, Darwin Merger Sub I, Inc. merged with and into BRC, and BRC subsequently merged with and into BCM, with BCM surviving as a wholly owned subsidiary of the Company. The Company completed the acquisitions of BRH and RIM on August 1, 2014 in accordance with the terms of the Acquisition Agreement.

	The Company acquired BRC in exchange for the issuance of 4,182,637 shares of newly issued for a total purchase price of $26,351. The fair value of the newly issued shares of the Company’s common stock for accounting purposes was determined based on the closing market price of the Company’s shares of common stock on the acquisition date on June 18, 2014, less a 25% discount for lack of marketability as the shares issued are subject to certain restrictions that limit their trade or transfer. The BRC acquisition has been accounted for under the acquisition method of accounting. The assets and liabilities, both tangible and intangible, were recorded at their estimated fair values as of the June 18, 2014 acquisition date for BRC and August 1, 2014 for BRH and RIM. The application of the acquisition method of accounting resulted in goodwill of $21,869. Acquisition related costs, such as legal, accounting, valuation and other professional fees related to the acquisition of BRC in the amount of $997 were charged against earnings in the second quarter of 2014. All of the recognized goodwill is expected to be non-deductible for tax purposes.

	The purchase price allocation was as follows:

	Tangible assets acquired and assumed:
	Cash and cash equivalents		$	2,667
	Restricted cash			50
	Securities owned			1,978
	Accounts receivable			1,845
	Prepaid expenses and other assets			302
	Property and equipment			76
	Accounts payable and accrued liabilities			(3,194	)
	Securities sold, not yet purchased			(922	)
	Deferred tax liability			(1,120	)
	Customer relationships			1,200
	Tradename			1,600
	Goodwill			21,869
	Total		$	26,351

	The amount of revenue and earnings attributable to BRC in the Company’s consolidated statement of operations during the year ended December 31, 2014 were as follows:

			Period from
			18-Jun-14
			through
			31-Dec-14
	Revenues		$	19,420
	Income before income taxes			5,124

	Pro Forma Financial Information

	The unaudited financial information in the table below summarizes the combined results of operations of the Company and BRC as well as the related impact of the new employment agreements with Bryant Riley, Andrew Gumaer and Harvey Yellen that became effective upon the acquisition of BRC on a pro forma basis, as though they had occurred as of January 1, 2013. The pro forma financial information presented includes the effects of adjustments related to the amortization charges from the acquired intangible assets and the elimination of certain activities excluded from the transaction. The pro forma financial information as presented below is for informational purposes only and is not necessarily indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of the earliest period presented, nor does it intend to be a projection of future results .

			Pro Forma Unaudited
			Year Ended				Year Ended
			31-Dec-14				31-Dec-13

	Revenues		$	91,656			$	102,965
	Net (loss) income attributable to B. Riley Financial, Inc.		$	(3,938	)		$	4,594

	Basic (loss) income per share		$	(0.34	)		$	0.82
	Diluted (loss) income per share		$	(0.34	)		$	0.81
	Weighted average basic shares outstanding			11,533,178				5,613,307
	Weighted average diluted shares outstanding			11,533,178				5,674,528


	2012 Acquisition of Shoon Trading Limited

	On May 4, 2012, the Company invested $65 for a 44.4% interest in the common stock of Shoon. Shoon purchased the rights to operate the former Shoon internet business and retail stores that were in administration in the United Kingdom. As part of the investment, the Company also loaned Shoon approximately $1,300 that is collateralized by retail inventory. The loan bore interest at an annual rate of LIBOR plus 6.0% payable monthly and had a maturity date of May 3, 2014. In accordance with the Shoon shareholder agreement, the Company had the right to appoint a Chairman of Shoon. Together with the Company’s 44.4% investment in the common stock of Shoon and control of the majority of the board of directors, the Company had a controlling interest in Shoon. On August 2, 2013, an additional loan in the amount of $847 (net of $40 discount) was extended to Shoon with a maturity date of August 3, 2015. This increased the outstanding principal from both loans to $1,371. Interest on the new loan was payable monthly at 6.5%. Both of the loans are collateralized by the inventory of Shoon. The remaining balance of the loans receivable at December 31, 2013 is included in the Company’s consolidated balance sheet in note receivable related party – current portion in the amount of $703 and in note receivable related party - net of current portion in the amount of $497. In connection with the new loan in August 2013, the Shoon shareholder agreement was amended and restated to eliminate the Company’s super majority voting rights which enable the Company to control the board of directors of Shoon. As a result of this amendment, the Company no longer controls Shoon and the operating results of Shoon are not consolidated for any periods after July 31, 2013. As such, the Company has consolidated the operations of Shoon and included the results of operations of Shoon from May 4, 2012, the date of investment, through July 31, 2013 in the Company’s consolidated statements of operations. In January 2014, Shoon was sold to a third party and the two loans in the amount of $1,200 outstanding at December 31, 2013 were repaid to the Company. As a result of the sale of Shoon, the Company recorded an impairment charge as of December 31, 2013 of $111 to write-down the investment in Shoon to its estimated net realizable value.

	In accordance with the accounting guidance for consolidation of variable interest entities, the Company has determined that the additional financing arrangement in the form of the new note receivable with Shoon and the elimination of the Company’s super majority voting rights in August 2013, as discussed above, changes the status of Shoon to a VIE. The Company, in determining whether or not it is the primary beneficiary of Shoon, considered the voting interests of the shareholders of Shoon and the shareholders ability to direct the activities of Shoon. The Company determined it is not the primary beneficiary of the VIE since the Company does not have the ability to exercise any rights or powers to direct the activities of Shoon that most significantly impact Shoon’s economic performance. Accordingly, Shoon’s operating results are not consolidated for any periods after July 31, 2013. As of December 31, 2013, the carrying amount and maximum exposure to loss due to the Company’s involvement with Shoon is the combined balance of both loans in the amount of $1,200 and $22 equity investment in Shoon. The Company’s loss under the equity method of accounting for Shoon was $156 for the five months ended December 31, 2013.

	The summarized financial information below includes amounts related to Shoon, the Company’s less-than-majority-owned subsidiary, for periods after July 31, 2013.

			Five Months
			Ended
			31-Dec-13
	Total revenues		$	6,294
	Cost of goods sold			3,375
Loss before income taxes			(160	)
Income tax benefit			58
Net loss		$	(102	)
GAG, Inc equity share of net loss		$	(45	)

		As of
		31-Dec-13
Current assets		$	3,865
Non-current asstes			397
Total assets			4,262

Current liabilities			3,338
Non-current liabilities			497
Net assets		$	427

The Company determined the fair value of assets acquired exceeded consideration paid by approximately $1,366 which was recorded as a bargain purchase gain during the three months ended June 30, 2012. The gain on bargain purchase is included as a separate component of other income (expense) in the Company’s consolidated statements of operations.

The following details the estimated fair value of the net assets acquired and the excess of such net assets over the purchase price upon acquisition:

Fixed assets		$	78
Retail inventory			3,752
Accounts payable and accrued liabilities			(810	)
Deferred tax liability			(408	)
Fair value of net assets acquired			2,612
Total cash consideration			(1,246	)

Gain on bargain purchase		$	1,366

The following financial statement amounts of Shoon were included in the accompanying consolidated financial statements in the UK retail stores segment for the period from May 4, 2012, the date of investment, through December 31, 2012 and for the period from January 1, 2013 through July 31, 2013:

		Period From				Period From
		January 1, 2013 to				May 4, 2012 to
		31-Jul-13				31-Dec-12
Revenues:
Revenues - Sale of goods		$	6,202			$	10,206
Cost of goods sold			(3,566	)			(5,475	)
Selling, general and administrative expenses			(3,818	)			(4,480	)
Operating (loss) income			(1,182	)			251
Other expenses			(94	)			(251	)
Gain on bargain purchase			-				1,366
(Loss) income before income taxes			(1,276	)			1,366
Benefit (provision) for income taxes			319				(1	)
Net (loss) income			(957	)			1,365
Net (loss) income attributable to noncontrolling interest			(532	)			819
Net (loss) income attributable to B. Riley Financial, Inc.		$	(425	)		$	546

The disclosure of pro forma financial information for the year ended December 31, 2012 has not been provided given the impracticality of obtaining the information since the former owners of Shoon were operating in administration in the United Kingdom.

RESTRUCTURING_CHARGE

RESTRUCTURING CHARGE	12 Months Ended
RESTRUCTURING CHARGE	Dec. 31, 2014
Restructuring and Related Activities [Abstract]
RESTRUCTURING CHARGE	NOTE 4— RESTRUCTURING CHARGE

	During the second quarter of 2014, the Company initiated a strategic review of our operations taking into account the planned synergies as a result of the acquisition of BRC. On August 13, 2014, as a result of the strategic review, our Board of Directors ratified and approved the Company’s implementation of cost savings measures that resulted in a reduction in corporate overhead and the restructuring of our operations in Europe. The Company implemented a reduction in force for some of our corporate employees and a significant number of our employees in the United Kingdom and we closed our offices in Deerfield, Illinois and London, England. These initiatives resulted in a restructuring charge of $2,548 in the third quarter of 2014. The restructuring charge consists of payroll and severance costs of $1,595, office closure costs of $686 and other expenses of $267. As a result of such reductions in force and restructuring, which the Company completed in the third quarter of 2014, the Company anticipates a shift in its strategic focus from Europe which may result in a reduction in revenues from our European operations. The related accruals are included in accounts payable and accrued expenses in the consolidated balance sheet. The following table summarizes the restructuring charge during 2014:

		Auction and		Valuation and		Corporate and
		Liquidation		Appraisal		Other
		Segment		Segment		Expenses		Total
	Expensed during 2014:
	Payroll and severance costs	$	951	$	131	$	513	$	1,595
	Office closure		295		8		383		686
	Other charges		93		64		110		267

	Total expended during the 2014		1,339		203		1,006		2,548
	Paid during 2014		1,208		203		647		2,058

	Accrued balance at December 31, 2014	$	131	$	-	$	359	$	490

ACCOUNTS_RECEIVABLE

ACCOUNTS RECEIVABLE	12 Months Ended
ACCOUNTS RECEIVABLE	Dec. 31, 2014
Accounts Receivable
ACCOUNTS RECEIVABLE	NOTE 5— ACCOUNTS RECEIVABLE

	The components of accounts receivable net include the following:

		December 31,			December 31,
		2014			2013

	Accounts receivable	$	7,797		$	8,402
	Investment banking fees, commissions and other receivables		1,608			-
	Unbilled receivables		1,421			731
	Total accounts receivable		10,826			9,133
	Allowance for doubtful accounts		(728	)		(275	)
	Accounts receivable, net	$	10,098		$	8,858

	Additions and changes to the allowance for doubtful accounts consist of the following:

		Year Ended December 31,
		2014			2013			2012

	Balance, beginning of year	$	275		$	371		$	424
	Add: Additions to reserve		532			18			108
	Less: Write-offs		(79	)		(84	)		(12	)
	Less: Recoveries		-			(30	)		(149	)
	Balance, end of year	$	728		$	275		$	371

	Unbilled receivables represent the amount of contractual reimbursable costs and fees for services performed in connection with fee and service based auction and liquidation contracts.

	At December 31, 2014 and 2013, accounts receivable in the amount of $2,385 and $1,284, respectively, were collateralized by the new accounts receivable revolving line of credit more fully described in Note 10.

GOODS_HELD_FOR_SALE_OR_AUCTION

GOODS HELD FOR SALE OR AUCTION	12 Months Ended
	Dec. 31, 2014
Inventory Disclosure [Abstract]
GOODS HELD FOR SALE OR AUCTION	NOTE 6— GOODS HELD FOR SALE OR AUCTION

	Goods held for sale or auction consists of the following:

		December 31,
		2014		2013

	Machinery and equipment	$	4,026	$	13,464
	Aircraft parts and other		91		500
	Total	$	4,117	$	13,964

	Goods held for sale or auction includes machinery and equipment, leased equipment and aircraft parts and other. At December 31, 2014, machinery and equipment of $4,026 consisted of five oil rigs. At December 31, 2013, machinery and equipment consisted of $10,756 of machinery and equipment and one oil rig with a carrying value of $2,708. During the year ended December 31, 2014, a lower-of-cost or market adjustment of $1,782 was recorded for the one oil rig. On December 15, 2014, goods held for sale increased by $3,100 representing the fair value of the four oil rigs that were subject to the lease finance agreement as previously discussed in Note 2(n). Aircraft parts and other is primarily comprised of aircraft parts with a carrying value of $91 and $500 which includes a lower of cost or market adjustment of $1,297 and $897 as of December 31, 2014 and 2013, respectively. The total amount recorded by the Company for a lower-of-cost or market adjustment for goods held for sale or auction was $4,673, $405 and $194 during the years ended December 31, 2014, 2013 and 2012, respectively. In 2012, goods held for sale included oil rigs that were depreciated over a period of 15 years which approximated their useful life. Depreciation expense on the leased equipment was $1,252 during the year ended December 31, 2013.

	The leased equipment with a carrying value of $4,026 as of December 31, 2014 serves as collateral for the related note payable, which had an outstanding principal amount of $6,570 as of December 31, 2014, as more fully described in Note 12.

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
PROPERTY AND EQUIPMENT	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE 7— PROPERTY AND EQUIPMENT

	Property and equipment consists of the following:

		Estimated	December 31,
		Useful Lives	2014			2013

	Leasehold improvements	Shorter of lease or estimated useful life	$	244		$	296

	Machinery, equipment and computer software	3 years		2,280			2,179

	Furniture and fixtures	5 years		1,151			1,176

	Capital lease equipment	3 to 5 years		388			388
	Total			4,063			4,039

	Less: Accumulated depreciation and amortization			(3,287	)		(2,949	)
			$	776		$	1,090

	Depreciation and amortization expense was $646, $611 and $626 during the years ended December 31, 2014, 2013, and 2012, respectively.

GOODWILL_AND_OTHER_INTANGIBLE_

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	NOTE 8— GOODWILL AND OTHER INTANGIBLE ASSETS

	Goodwill of $5,688 at December 31, 2013 is comprised of $1,975 in the Auction and Liquidation segment and $3,713 in the Valuation and Appraisal segment. On June 18, 2014, goodwill increased by $21,869 from the Company’s acquisition of BRC. The increase in goodwill represents the excess of the purchase price over the fair value of assets acquired and was recorded in the Capital Markets segment based on the purchase price allocation as more fully described in Note 3. The transaction with BRC is expected to result in synergies and allow the Company and BRC to leverage the contacts and relationships in each of the businesses.

	Other intangible assets increased from $140 at December 31, 2013 to $2,799 at December 31, 2014 from the acquisition of BRC on June 18, 2014. In connection with the acquisition of BRC, other intangible assets acquired included $1,200 for customer relationships and $1,600 for the tradename of B. Riley. The customer relationships are being amortized over their estimated useful lives of 4 to 8 years and amortization expense for the year ended December 31, 2014 was $141. Other intangible assets of $1,740 for trademarks and the tradename of B. Riley have been identified as an indefinite lived intangible asset that are not being amortized.

LEASING_ARRANGEMENTS

LEASING ARRANGEMENTS	12 Months Ended
LEASING ARRANGEMENTS	Dec. 31, 2014
Leases [Abstract]
LEASING ARRANGEMENTS	NOTE 9— LEASING ARRANGEMENTS

	At December 31, 2014 and 2013, the Company had machinery and equipment under capital leases with a gross carrying amount of $388 and accumulated amortization of $388 included in property and equipment. Amortization expense for the assets under capital leases was $10 and $23 for the years ended December 31, 2013, and 2012, respectively, and is included in selling, general and administrative expenses in the accompanying consolidated statement of operations.

	The Company has several noncancellable operating leases that expire at various dates through 2019. Future minimum lease payments under noncancellable operating leases (with initial or remaining lease terms in excess of one year) and future minimum capital lease payments as of December 31, 2014 are:

		Operating
		Leases

	Year Ending December 31:
	2015	$	2,549
	2016		2,294
	2017		1,643
	2018		1,316
	2019		439
	Total minimum lease payments	$	8,241

	Rent expense under all operating leases was $2,107, $1,717 and $1,641 for the years ended December 31, 2014, 2013, and 2012, respectively. Rent expense is included in selling, general and administrative expenses in the accompanying consolidated statement of operations.

CREDIT_FACILITIES

CREDIT FACILITIES	12 Months Ended
CREDIT FACILITIES	Dec. 31, 2014
Debt Disclosure [Abstract]
CREDIT FACILITIES	NOTE 10— CREDIT FACILITIES

	Credit facilities consist of the following arrangements:

	(a) $100,000 Asset Based Credit Facility

	On July 15, 2013, the Company entered into a Second Amended and Restated Credit Agreement (“Credit Agreement”) with Wells Fargo Bank, National Association (“Wells Fargo Bank”) that amended and restated that certain First Amended and Restated Credit Agreement dated as of December 31, 2010. The maximum revolving loan amount under the asset based credit facility remains at $100,000, less the aggregate principal amount borrowed under the UK Credit Agreement (if in effect), and the maturity date has been extended from July 16, 2013 to July 15, 2018. The asset based credit facility can be used for borrowings and letter of credit obligations up to the aggregate amount of $100,000, less the aggregate principal amount borrowed under the UK Credit Agreement (if in effect). The interest rate for each revolving credit advance under the Credit Agreement is, subject to certain terms and conditions, equal to the LIBOR plus a margin of 2.25% to 3.25% (3.165% at December 31, 2013) depending on the type of advance and the percentage such advance represents of the related transaction for which such advance is provided. The restated Credit Agreement removed the Company’s United Kingdom subsidiary as a party to such agreement and the concept of borrowings thereunder for certain transactions in the United Kingdom. On March 19, 2014, the Company entered into a separate credit agreement (a “UK Credit Agreement”) with an affiliate of Wells Fargo Bank which provides for the financing of transactions in the United Kingdom. The facility allows the Company to borrow up to 50 million British Pounds. Any borrowings on the UK Credit Agreement reduce the availability on the asset based $100,000 credit facility. The UK Credit Agreement is cross collateralized and integrated in certain respects with the Credit Agreement. Cash advances and the issuance of letters of credit under the credit facility are made at the lender’s discretion. The letters of credit issued under this facility are furnished by the lender to third parties for the principal purpose of securing minimum guarantees under liquidation services contracts more fully described in Note 2(c). All outstanding loans, letters of credit, and interest are due on the expiration date which is generally within 180 days of funding. The credit facility is secured by the proceeds received for services rendered in connection with liquidation service contracts pursuant to which any outstanding loan or letters of credit are issued and the assets that are sold at liquidation related to such contract. The credit facility also provides for success fees in the amount of 5% to 20% of the net profits, if any, earned on the liquidation engagements funded under the Credit Agreement as set forth therein. On July 15, 2014, the Company entered into a further amendment to the Credit Agreement whereby Wells Fargo Bank consented to the reverse stock split, Private Placement, repayment of long-term debt as more fully described in Note 11, and the acquisition of BRC. Interest expense totaled $400 (including success fees of $162), $532 (including success fees of $292) and $357 for the years ended December 31, 2014, 2013 and 2012, respectively. The outstanding balance under this credit facility was $18,506 and $5,710 at December 31, 2014 and 2013, respectively.

	The Credit Agreement governing the credit facility contains certain covenants, including covenants that limit or restrict the Company’s ability to incur liens, incur indebtedness, make investments, dispose of assets, make certain restricted payments, merge or consolidate and enter into certain transactions with affiliates. Upon the occurrence of an event of default under the Credit Agreement, the lender may cease making loans, terminate the Credit Agreement and declare all amounts outstanding under the Credit Agreement to be immediately due and payable. The Credit Agreement specifies a number of events of default (some of which are subject to applicable grace or cure periods), including, among other things, nonpayment defaults, covenant defaults, cross-defaults to other material indebtedness, bankruptcy and insolvency defaults, and material judgment defaults.

	(b) Line of Credit

	On May 17, 2011, GAAV entered into a Loan and Security Agreement (Accounts Receivable Line of Credit) (the “Line of Credit”) with BFI Business Finance (“BFI”). The Line of Credit is collateralized by the accounts receivable of GAAV and allows for borrowings in the amount of 85% of the net face amount of prime accounts, as defined in the Line of Credit, with maximum borrowings not to exceed $2,000. The interest rate under the Line of Credit is the prime rate plus 2% (6% at December 31, 2014), payable monthly in arrears. The Line of Credit was amended effective February 3, 2012 and the maximum borrowings allowed was increased from $2,000 to $3,000. The maturity date of the Line of Credit is February 3, 2016 and the maturity date may be extended for successive periods equal to one year, unless GAAV gives BFI written notice of its intent to terminate the Line of Credit at least thirty days prior to the maturity date of the Line of Credit. BFI has the right to terminate the Line of Credit at its sole discretion upon giving sixty days’ prior written notice to GAAV. In connection with the Line of Credit, GAG, LLC entered into a limited continuing guaranty of GAAV’s obligations under the Line of Credit. At December 31, 2014, there was $2,385 of accounts receivable as collateral for the Line of Credit and the total borrowings outstanding was $56 and $1,971 was available and unused. Interest expense totaled $46, $90 and $112 for the years ended December 31, 2014, 2013 and 2012, respectively.

LONGTERM_DEBT

LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
LONG-TERM DEBT	NOTE 11— LONG-TERM DEBT

	Long-term debt consists of the following arrangements:

		December 31,
		2014		2013
	$60,000 notes payable to each of the Great American Members and the Phantom Equityholders of GAG, LLC issued in connection with the Acquisition dated July 31, 2009	$	-	$	50,483
	Total long-term debt		-		50,483
	Less: Current portion of long-term debt		-		1,724
	Long-term debt, net of current portion	$	-	$	48,759

	(a) $60,000 Notes Payable

	On July 31, 2009, the Great American Members contributed all of their membership interests of GAG, LLC to the Company in exchange for 528,000 shares of common stock of the Company and a subordinated unsecured promissory note in an initial principal amount of $60,000 issued in favor of the Great American Members and the Phantom Equityholders. In connection with the closing of the Acquisition, an initial principal payment of $4,383 was made, thereby reducing the principal amount of the note to $55,617. On August 28, 2009, the note was replaced with separate subordinated unsecured promissory notes (collectively, the “Notes”) issued in favor of each of the Great American Members and Phantom Equityholders. At December 31, 2013, the principal amount of $1,724 was payable to the Phantom Equityholders with a maturity date of July 31, 2015 and $48,759 was payable to Andrew Gumaer and Harvey Yellen, the two former Great American Members, both of whom were executive officers and directors of the Company at such time, with a maturity date of July 31, 2018 (subject to annual principal payments based upon cash flow, with certain limitations). The interest rate on these notes was 12.0% on $640 of the principal balance payable to the Phantom Equityholders and 3.75% on the remaining $1,084 principal balance payable to the Phantom Equityholders and $48,759 payable to the Great American Members.

	On January 31, 2014, the Company paid in full the $640 of principal balance for the Notes to the Phantom Equityholders that had the 12.0% interest rate. On June 5, 2014, the Company used $30,180 of the net proceeds from the Private Placement to repay the Notes payable to Andrew Gumaer and Harvey Yellen. The $30,000 principal payment and then outstanding accrued interest of $180 retired the entire $48,759 face amount of outstanding Notes payable to Andrew Gumaer and Harvey Yellen. The discount of $18,759 for the repayment of the Notes payable to Andrew Gumaer and Harvey Yellen has been recorded as a capital contribution to additional paid in capital in our consolidated financial statements. On July 31, 2014, the remaining outstanding principal amount of $1,085 was paid in full to the Phantom Equityholders. As of August 1, 2014, there is no remaining outstanding principal or interest payable on the Notes.

	Interest expense was $812, $2,014 and $2,132 for the years ended December 31, 2014, 2013 and 2012, respectively. Accrued interest payable was $325 on the notes payable as of December 31, 2013.

NOTES_PAYABLE

NOTES PAYABLE	12 Months Ended
NOTES PAYABLE	Dec. 31, 2014
Debt Disclosure [Abstract]
NOTES PAYABLE	NOTE 12— NOTES PAYABLE

	On May 29, 2008, GAGEE entered into a credit agreement with Garrison Special Opportunities Fund LP, Gage Investment Group LLC (collectively, the “Lenders”) to finance the purchase of certain machinery and equipment to be sold at auction or liquidation. The principal amount of the loan was $12,000 and borrowings bore interest at a rate of 20% per annum. The loan is collateralized by the machinery and equipment which were purchased with the proceeds from the loan. GAGEE was required to make principal and interest payments from proceeds from the sale of the machinery and equipment. GAGEE is a special purpose entity created to purchase the machinery and equipment, whose assets consist only of the machinery and equipment in question and whose liabilities are limited to the Lenders’ note and certain operational expenses related to this transaction. GAG, LLC guaranteed GAGEE’s liabilities to the Lenders up to a maximum of $1,200. The original maturity date of the loan was May 29, 2009; however, GAGEE exercised its right to extend the maturity date for 120 days until September 26, 2009. On September 26, 2009, the note payable became due and payable.

	On October 8, 2009, GAGEE and GAG, LLC entered into a Forbearance Agreement effective as of September 27, 2009 (the “Forbearance Agreement”) with the Lenders and Garrison Loan Agency Services LLC (“Administrative Agent”), relating to the credit agreement, by and among GAGEE, as borrower, GAG, LLC, as guarantor, the Lenders and the Administrative Agent. Pursuant to the terms of the Forbearance Agreement, the Lenders agreed to forbear from exercising any of the remedies available to them under the credit agreement and the related security agreement until November 17, 2009, unless a forbearance default occurs, as specified in the Forbearance Agreement. Also, pursuant to the terms of the Forbearance Agreement, GAGEE agreed to hold an auction of the assets collateralizing GAGEE obligations under the credit agreement on or before November 3, 2009 and to use the sale proceeds to repay its obligations under the credit agreement. In connection with the execution of the Forbearance Agreement, GAG, LLC made a payment of $1,200 on October 9, 2009, in full satisfaction of its guaranty under the credit agreement which reduced the principal amount of borrowings and interest due under the credit agreement. Pursuant to the Forbearance Agreement, the Company held an auction of the assets collateralizing GAGEE’s obligation on November 3, 2009. The sale of the assets at auction was subject to meeting the reserve prices and approval by the Lenders, and the auction did not result in the sale of any of the assets.

	On December 31, 2009, GAGEE entered into an amendment to credit agreement (the “First Amendment To Credit Agreement”) dated as of December 18, 2009 with Garrison Special Opportunities Fund LP and the Administrative Agent, whereby the Lender agreed to forebear from exercising any of the remedies available to them under the Forbearance Agreement and the related Security Agreement and to extend the maturity date of the Forbearance Agreement until November 18, 2010, unless a forbearance default occurs, as specified in the Credit Agreement. Pursuant to the terms of the First Amendment To Credit Agreement and Second Amendment To Credit Agreement, the interest rate was reduced from 20% to 0% and the Lender agreed to reimburse GAGEE for certain expenses from proceeds of the sale assets that collateralize the Credit Agreement. The Forbearance Agreement expired on November 18, 2010. GAGEE entered into a second amendment to the credit agreement on May 9, 2011, which extended the maturity date of the note payable to November 19, 2011 with an interest rate of 0% through maturity (the “Second Amendment to the Credit Agreement”). The Second Amendment to the Credit Agreement also provided for the lender to reimburse GAGEE for certain expenses from proceeds of the sale or lease of the assets that collateralize the note payable. As a result of the delay in entering into the Second Amendment to the Credit Agreement, interest in the amount of $309 was accrued from the date of the expiration of the First Amendment to the Credit Agreement on November 18, 2010 to December 31, 2010 at an interest rate of 22% (the default rate). This accrued interest of $309 was reversed in the first quarter of 2011, as the Second Amendment to the Credit Agreement provides for 0% interest for that period, and reflected in the consolidated statement of operations as a reduction of interest expense. GAGEE entered into a third amendment to the Credit Agreement on March 19, 2012, which extended the maturity date of the note payable to December 31, 2012 with an interest rate of 0% through maturity. GAGEE entered into a fourth amendment to the Credit Agreement effective December 31, 2012 which extended the maturity date of the note payable to December 31, 2013 and the interest rate remained at 0% through maturity. GAGEE entered into a fifth amendment to the Credit Agreement effective December 31, 2013 which extended the maturity date of the note payable to June 30, 2015 and the interest rate remained at 0% through maturity. The third, fourth and fifth Amendments to the Credit Agreement provide for the lender to reimburse GAGEE for certain expenses from proceeds of the sale or lease of the assets that collateralize the note payable. GAGEE has no assets other than those collateralizing the loan which is comprised of prepaid and other current assets of $2,531 and machinery and equipment with a carrying value of $4,026 that is included in goods held for sale or auction in the accompanying balance sheet at December 31, 2014. GAG, LLC has satisfied its obligation to pay the $1,200 guarantee and the credit agreement does not provide for other recourse against GAG, LLC. At December 31, 2014 and 2013, the note payable balance was $6,570 and $6,856, respectively. On January 11, 2015, GAGEE filed for voluntary bankruptcy protection as more fully discussed below.

	On January 11, 2015, GAGEE filed a voluntary petition with the United States Bankruptcy Court for the Northern District of Texas for relief under Chapter 7 of Title 11 of the United States Code (as amended, the "Bankruptcy Code"). At December 31, 2014, GAGEE had total assets of $6,557 and total liabilities of $6,570. Total assets included $2,531 of other receivables included in prepaid and other current assets and $4,026 of goods held for sale which was comprised of five oil rigs (see Note 6). Total liabilities include the $6,570 of notes payable discussed above that is collateralized by the assets of GAGEE. Under Chapter 7 of the Bankruptcy Code the assets of GAGEE will be liquidated and the resulting cash proceeds will be used by the bankruptcy trustee to pay creditors. As a result of the bankruptcy filing on January 11, 2015, the assets and liabilities of GAGEE described above will no longer be consolidated in the Company's consolidated financial statements for periods subsequent to the bankruptcy filing. At the present time, management does not expect the bankruptcy of GAGEE to have a material impact on the consolidated financial position of the Company.

	On July 31, 2012, the Company borrowed $227 from a finance company to finance insurance premiums. Interest on the loan was 6.6% and the loan required monthly installments of $23 until maturity on May 30, 2013. Interest expense totaled $6 and $5 for the year ended December 31, 2013 and 2012, respectively. The outstanding balance on the note payable of $115 at December 31, 2012 was repaid in June 2013.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
COMMITMENTS AND CONTINGENCIES	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 13— COMMITMENTS AND CONTINGENCIES

	(a) Letters of Credit

	There were letters of credit outstanding in the amount of $8,553 related to two retail liquidation engagements at December 31, 2014 and there were no letters of credit outstanding at December 31, 2013.

	(b) Legal Matters

	In 2015, the Company was served with a lawsuit that seeks to assert claims of breach of contract and other matters with damages in an amount up to $10,000. The Company is vigorously defending this lawsuit. This lawsuit is in the initial stages, the financial impact to the Company, if any, cannot be estimated.

	The Company is subject to certain legal and other claims that arise in the ordinary course of its business. The Company does not believe that the results of these claims are likely to have a material effect on its consolidated financial position or results of operations.

INCOME_TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Dec. 31, 2014
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 14— INCOME TAXES

	The Company’s provision (benefit) for income taxes consists of the following for the years ended December 31, 2014, 2013 and 2012:

		Year Ended December 31,
		2014			2013			2012
	Current:
	Federal	$	-		$	-		$	204
	State		98			2			24
	Foreign		-			(287	)		342
	Total current provision		98			(285	)		570
	Deferred:
	Federal		(2,503	)		791			1,419
	State		(481	)		198			289
	Foreign		-			-			(342	)
	Total deferred		(2,984	)		989			1,366
	Total provision for income taxes	$	(2,886	)	$	704		$	1,936

	A reconciliation of the federal statutory rate of 34% to the effective tax rate for income (loss) from continuing operations before income taxes is as follows for the years ended December 31, 2014, 2013 and 2012:

		Year Ended December 31,
		2014			2013			2012
	Provision for income taxes at federal statutory rate		(34.0	)%		34	%		34	%
	State income taxes, net of federal benefit		(3.7	)		8.7			3.3
	Foreign tax on gain on bargain purchase		-			-			(7.4	)
	Foreign tax differential		-			9			-
	Other		4.5			3.3			0.9
	Effective income tax rate		(33.2	)%		55	%		30.8	%

	Deferred income tax assets (liabilities) consisted of the following as of December 31, 2014 and 2013:

		December 31,
		2014			2013
	Deferred tax assets:
	Allowance for doubtful accounts	$	282		$	128
	Goods held for sale or auction		2,819			530
	Deductible goodwill and other intangibles		9,988			520
	Accrued liabilities and other		3,210			1,128
	Mandatorily redeemable noncontrolling interests		740			671
	Note payable to Phantom Equityholders		-			376
	Foreign tax and other tax credit carryforwards		342			591
	Net operating loss carryforward		8,220			8,665
	Total gross deferred tax assets	$	25,601		$	12,609

	The Company's loss before income taxes of $8,681 for the year ended December 31, 2014 includes a United States component of a loss before income taxes of $5,812 and a foreign component comprised of a loss before income taxes of $2,869. As of December 31, 2014, the Company had federal net operating loss carryforwards of $19,464, state net operating loss carryforwards of $19,678, and foreign tax credit carryforwards of $342. The Company’s federal net operating loss carryforwards will expire in the tax year ending December 31, 2030, the state net operating loss carryforwards will expire in 2032, and the foreign tax credit carryforwards will expire in 2022. During the year ended December 31, 2014, deferred income taxes increased by $11,200 for tax deductible goodwill as a result of the principal payment on debt to the Great American members.

	The Company establishes a valuation allowance if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Tax benefits of operating loss and tax credit carryforwards are evaluated on an ongoing basis, including a review of historical and projected future operating results, the eligible carryforward period, and other circumstances. As a result of the common stock offering that was completed on June 5, 2014, the Company had a more than 50% ownership shift in accordance with Internal Revenue Code Section 382. Accordingly, the Company may be limited to the amount of net operating loss that may be utilized in future taxable years depending on the Company’s actual taxable income. As of December 31, 2014, the Company believes that the net operating loss that existed as of the more than 50% ownership shift will be utilized in future tax periods before the loss carryforwards expire and it is more-likely-than-not that future taxable earnings will be sufficient to realize its deferred tax assets and has not provided an allowance.

	On January 1, 2009, the Company adopted the accounting guidance for accounting for uncertainty in income taxes. This accounting guidance addresses the determination of how tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under the accounting guidance, the Company must recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate resolution. The Company did not recognize any additional liabilities for uncertain tax positions as a result of the implementation of this accounting guidance.

	The Company’s uncertain tax positions are related to tax years that remain subject to examination by the relevant taxing authorities. The Company is currently open to audit under the statute of limitations by the Internal Revenue Service for the calendar years ended December 31, 2011 to 2014. The Company and its subsidiaries’ state tax returns are also open to audit under similar statutes of limitations for the same tax years. The Company accrues interest on unrecognized tax benefits as a component of income tax expense. Penalties, if incurred, would be recognized as a component of income tax expense. The Company had no such accrued interest or penalties included in the accrued liabilities associated with unrecognized tax benefits as of the date of adoption.

EARNINGS_PER_SHARE

EARNINGS PER SHARE	12 Months Ended
EARNINGS PER SHARE	Dec. 31, 2014
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 15— EARNINGS PER SHARE

	Basic earnings per share is calculated by dividing net income by the weighted-average number of shares outstanding during the period. Diluted earnings per share is calculated by dividing net income by the weighted-average number of common shares outstanding, after giving effect to all dilutive potential common shares outstanding during the period. Basic common shares outstanding exclude 66,000 common shares that are held in escrow and subject to forfeiture and 50,000 common shares issued to the AAMAC founders that were forfeited during 2012 as a result of the failure to achieve certain performance targets specified in the Acquisition Agreement. The 66,000 common shares issued to the former Great American members are subject to forfeiture upon the final settlement of claims for goods held for sale in connection with the Acquisition. Dilutive common shares outstanding includes contingently issuable shares that are currently in escrow and subject to release if the conditions for the final settlement of claims for goods held for sale in connection with the Acquisition was satisfied at the end of the respective periods. Weighted average diluted shares outstanding during the year ended December 31, 2014 exclude 44,883 shares from the computation of net loss per diluted share because the impact would have been anti-dilutive.

	Basic and diluted earnings from continuing operations calculated as follows (in thousands, except per share amounts):

		Year Ended December 31,
		2014			2013		2012

	Net (loss) income attributable to B. Riley Financial, Inc.	$	(5,801	)	$	1,058	$	3,521

	Weighted average shares outstanding:
	Basic		9,612,154			1,434,107		1,434,107
	Effect of dilutive potential common shares:
	Contingently issuable shares		-			61,221		46,564
	Diluted		9,612,154			1,495,328		1,480,671

	Basic earnings per share	$	(0.60	)	$	0.74	$	2.46
	Diluted earnings per share	$	(0.60	)	$	0.71	$	2.38

LIMITED_LIABILITY_COMPANY_SUBS

LIMITED LIABILITY COMPANY SUBSIDIARIES	12 Months Ended
LIMITED LIABILITY COMPANY SUBSIDIARIES	Dec. 31, 2014
Limited Liability Company Disclosure Of Subsidiary [Abstract]
LIMITED LIABILITY COMPANY SUBSIDIARIES	NOTE 16— LIMITED LIABILITY COMPANY SUBSIDIARIES

	(a) Operating Agreements of Limited Liability Company Subsidiaries

	The Company has subsidiaries that are organized as limited liability companies, each of which has its own separate operating agreement. Generally, each of these subsidiaries is managed by an individual manager who is a member or employee of the subsidiary, although the manager may not take certain actions unless the majority member of the subsidiary consents to the action. These actions include, among others, the dissolution of the subsidiary, the disposition of all or a substantial part of the subsidiary’s assets not in the ordinary course of business, filing for bankruptcy, and the purchase by the subsidiary of one of the members’ ownership interest upon the occurrence of certain events. Certain of the members with a minority ownership interest in the subsidiaries are entitled to receive guaranteed payments in the form of compensation or draws, in addition to distributions of available cash from time to time. Distributions of available cash are generally made to each of the members in accordance with their respective ownership interests in the subsidiary after repayment of any loans made by any members to such subsidiary, and allocations of profits and losses of the subsidiary are generally made to members in accordance with their respective ownership interests in the subsidiary. The operating agreements also generally place restrictions on the transfer of the members’ ownership interests in the subsidiaries and provide the Company or the other members with certain rights of first refusal and drag along and tag along rights in the event of any proposed sales of the members’ ownership interests.

	Generally, a member of the subsidiary who materially breaches the operating agreement of the subsidiary, which breach has a direct, substantial and adverse effect on the subsidiary and the other members, or who is convicted of a felony (or a lesser crime of moral turpitude) involving his management of or involvement in the affairs of the subsidiary, or a material act of dishonesty of the member involving his management of or involvement in the affairs of the subsidiary, shall forfeit his entire ownership interest in the subsidiary.

	(b) Repurchase Obligations of Membership Interests of Limited Liability Company Subsidiaries

	The operating agreements of the Company’s limited liability company subsidiaries require the Company to repurchase the entire ownership interest of each the members upon the death of a member, disability of a member as defined in the operating agreement, or upon declaration by a court of law that a member is mentally unsound or incompetent. Upon the occurrence of one of these events, the Company is required to repurchase the member’s ownership interest in an amount equal to the fair market value of the member’s noncontrolling interest in the subsidiary.

	The Company evaluated the classification of all of its limited liability company members’ ownership interests in accordance with the accounting guidance for financial instruments with characteristics of liabilities and equity. This guidance generally provides for the classification of members’ ownership interests that are subject to mandatory redemption obligations to be classified outside of equity. In accordance with this guidance, all members with a minority ownership interest in these subsidiaries are classified as liabilities and included in mandatorily redeemable noncontrolling interests in the accompanying consolidated balance sheet. Members of these subsidiaries with a minority ownership interest issued before November 5, 2003 are stated on a historical cost basis and members of the Company’s subsidiaries with a minority ownership interests issued on or after November 5, 2003 are stated at fair value at each balance sheet date. The Company deems such repurchase obligations, which are payable to members who are also employees of these subsidiaries, to be a compensatory benefit. Accordingly, the changes in the historical cost basis and the changes in the fair value of the respective members’ ownership interests (noncontrolling interests) are recorded as a component of selling, general and administrative expenses in the accompanying consolidated statements of operations. The noncontrolling interests share of net income was $1,921, $1,897 and $1,928 for the years ended December 31, 2014, 2013 and 2012, respectively. There was no change in the fair value of the mandatorily redeemable noncontrolling interests during the years ended December 31, 2014, 2013 and 2012.

BENEFIT_PLANS_AND_DIVIDENDS

BENEFIT PLANS AND DIVIDENDS	12 Months Ended
BENEFIT PLANS AND DIVIDENDS	Dec. 31, 2014
Benefit Plans And Dividends
BENEFIT PLANS AND DIVIDENDS	NOTE 17— BENEFIT PLANS AND DIVIDENDS

	(a)Amended and Restated 2009 Stock Incentive Plan

	The Company assumed the AAMAC 2009 Stock Incentive Plan which was approved by the AAMAC stockholders on July 31, 2009 (as assumed, the “Incentive Plan”). In accordance with Section 13(a) of the Incentive Plan, in connection with the Company’s assumption of the Incentive Plan, the Company’s board of directors adjusted the maximum number of shares that may be delivered under the Incentive Plan to 782,200 to account for the two-for-one exchange ratio of Company common stock for AAMAC common stock in the Acquisition. On August 19, 2009, the Company’s board of directors approved an amendment and restatement of the Incentive Plan which adjusted the number of shares of stock the Company reserved for issuance thereunder to 391,100. Effective as of October 7, 2014, the Company’s board of directors approved an amendment and restatement of the Incentive Plan which, among other things, increased the number of shares of stock the Company reserved for issuance thereunder to 3,210,133 shares. As of December 31, 2014, the Company has 3,194,141 shares of common stock available for future grants.

	(b)Employee Benefit Plan

	The Company maintains a qualified defined contribution 401(k) plan, which covers substantially all of its U.S. employees. Under the plan, participants are entitled to make pre-tax contributions up to the annual maximums established by the Internal Revenue Service. The plan document permits annual discretionary contributions from the Company. No employer contributions were made in any of the periods presented.

	(c)Dividends

	On October 29, 2014, the Board of Directors of the Company approved a dividend of $0.03 per share, which was paid on December 9, 2014 to stockholders of record on November 18, 2014. The Company’s Board of Directors may reduce or discontinue the payment of dividends at any time for any reason it deems relevant. The declaration and payment of any future dividends or repurchases of the Company’s common stock will be made at the discretion of the Board of Directors and will be dependent upon the Company’s financial condition, results of operations, cash flows, capital expenditures, and other factors that may be deemed relevant by the Board of Directors.

NET_CAPITAL_REQUIREMENTS

NET CAPITAL REQUIREMENTS	12 Months Ended
NET CAPITAL REQUIREMENTS	Dec. 31, 2014
Net Capital Requirements
NET CAPITAL REQUIREMENTS	NOTE 18— NET CAPITAL REQUIREMENTS

	B. Riley & Co., LLC, a subsidiary of the Company, is a registered broker-dealer and, accordingly, is subject to the SEC Uniform Net Capital Rule (Rule 15c3-1) which requires B. Riley & Co., LLC to maintain minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. As of December 31, 2014, B. Riley & Co., LLC had net capital of $12,430 (an excess of $12,028). B. Riley & Co., LLC’s net capital ratio for December 31, 2014 was 0.49 to 1.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
RELATED PARTY TRANSACTIONS	Dec. 31, 2014
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 19— RELATED PARTY TRANSACTIONS

	On July 8, 2010, the Company loaned $3,224 to GARE for the purposes of investing in GAHA Fund II, LLC, a newly formed joint venture which is 50% owned by GARE. GAHA Fund II, LLC is a special purpose entity created to purchase non-performing distressed real estate loans at a discount to par from a financial institution and market the loans and real estate to third parties. The note receivable bears interest at a rate of 15% per annum and all unpaid principal and interest was originally due on July 8, 2011. In July 2011, the first amendment to the note receivable extended the maturity date of the loan and the interest rate was reduced to 8% per annum. On December 29, 2011, the second amendment to the note receivable increased the outstanding balance by $620 to $3,844 as additional funds were loaned to GARE and the maturity date of the note receivable was extended to July 31, 2012. On February 20, 2013, the third amendment to the note receivable extended the maturity date to December 31, 2013. The note receivable in the amount of $611 was included in note-receivable – related party as of December 31, 2012. The Company received principal payments of $3,164 from GARE during the year ended December 31, 2012 and recorded an impairment charge of $69 to write down the note receivable at December 31, 2012. The operations of GARE ceased upon the repayment of the note receivable in August 2013. There was no interest income earned on the note receivable during the year ended December 31, 2013. Interest income was $196 for the year ended December 31, 2012 and is included in interest income in the accompanying consolidated statements of operations.

	In accordance with the accounting guidance for consolidation of variable interest entities, the Company has determined that the subordinated financing arrangements in the form of notes receivable described above with GARE changes the status of each of the entities to VIE. The Company, in determining whether or not it is the primary beneficiary of GARE, considered the disproportionate capital contributions that were made by the Company, the voting interests of the members of GARE and each member’s ability to direct the activities of GARE. The Company determined it is not the primary beneficiary of the VIE since decisions to direct the operations of GARE are done jointly by the members of GARE and the Company does not have a disproportionate voting interest which allows it to exercise any rights or powers that would enable the Company to direct the activities of GARE that most significantly impact GARE’s economic performance. The accompanying consolidated financial statements do not consolidate GARE. The loss from GARE is accounted for under the equity method of accounting and is included in other income (loss) in the amount of $21 and $120 in the consolidated statements of operations for the years ended December 31, 2013 and 2012, respectively.

	At December 31, 2014 and 2013, amounts due to related party of $213 and $45, respectively, represents amounts due to CA Global Partners, LLC (“CA Global”). CA Global is one of the members of Great American Global Partners, LLC (“GA Global Ptrs”) which started operations in the first quarter of 2013. The amount payable at December 31, 2014 and 2013 is comprised of expenses that were paid on behalf of the Company by CA Global in connection with certain auctions of wholesale and industrial machinery and equipment that they were managed on behalf of GA Global Ptrs.

	At December 31, 2013, note receivable – related party is comprised of two loans to Shoon with an aggregate outstanding receivable balance of $1,200. The Company owned 44.4% of the common stock of Shoon. The original loan in the amount of $1,300 was made to Shoon on May 4, 2012 and had a remaining principal balance of $353 at December 31, 2013. The loan had a maturity date of May 3, 2014 with interest payable monthly at LIBOR plus 6.0%. On August 2, 2013, an additional loan in the amount of $847 (net of $40 discount) was extended to Shoon with a maturity date of August 3, 2015. Interest is payable monthly at 6.5%. Both of the loans were collateralized by the inventory of Shoon. The loan receivables at December 31, 2013 is included in the Company’s consolidated balance sheet in note receivable related party – current portion in the amount of $703 and in note receivable related party - net of current portion in the amount of $497. In January 2014, Shoon was sold to a third party and the two loans in the amount of $1,200 outstanding at December 31, 2013 were repaid to the Company as more fully described in Note 3.

BUSINESS_SEGMENTS

BUSINESS SEGMENTS	12 Months Ended
BUSINESS SEGMENTS	Dec. 31, 2014
Segment Reporting [Abstract]
BUSINESS SEGMENTS	NOTE 20— BUSINESS SEGMENTS

	The Company’s operating segments reflect the manner in which the business is managed and how the Company allocates resources and assesses performance internally. The Company has several operating subsidiaries through which it delivers specific services. The Company provides auction, liquidation, capital advisory, financing, real estate, and other services to stressed or distressed companies in a variety of diverse industries that have included apparel, furniture, jewelry, real estate, and industrial machinery. The Company also provides appraisal and valuation services for retail and manufacturing companies. As a result of the acquisition of BRC, the Company provides corporate finance, research, sales and trading services to corporate, institutional and high net worth clients. In addition, as a result of the acquisition of Shoon on May 4, 2012, the Company operated ten retail stores in the United Kingdom for the period from May 4, 2012, the date of investment, through July 31, 2013 and Shoon’s results were reported in the UK Retail Stores segment. In August 2013, the Shoon shareholder agreement was amended and restated to eliminate the Company’s super majority voting rights which enabled the Company to control the board of directors of Shoon. As a result of this amendment, the Company no longer controls Shoon and the operating results of Shoon are not consolidated for any periods after July 31, 2013. As such, the Company no longer operates in the UK Retail Stores segment. In January 2014, Shoon was sold to a third party, and the Company no longer has a financial interest in the operations of Shoon.

	The Company’s business in 2013 was previously classified by management into the Auction and Liquidation segment, Valuation and Appraisal segment, and UK Retail Stores segment. In 2014, with the acquisition of BRC, the Company’s business is classified into the Auction and Liquidation segment, Valuation and Appraisal segment, and Capital Markets segment. These reportable segments are all distinct businesses, each with a different marketing strategy and management structure.

	The following is a summary of certain financial data for each of the Company’s reportable segments:

			Year Ended December 31,
			2014					2013								2012
	Auction and Liquidation reportable segment:
	Revenues - Services and fees		$	17,166				$	32,409							$	40,132
	Revenues - Sale of goods			9,859					9,963								8,106
	Total revenues			27,025					42,372								48,238
	Direct cost of services			(10,719	)				(11,120			)					(12,327	)
	Cost of goods sold			(14,080	)				(7,940			)					(7,275	)
	Selling, general, and administrative expenses			(8,481	)				(11,889			)					(17,064	)
	Restructuring charge			(1,339	)				-								-
	Depreciation and amortization			(107	)				(176			)					(193	)
	Segment income			(7,701	)				11,247								11,379
	Valuation and Appraisal reportable segment:
	Revenues - Services and fees			30,671					27,558								25,492
	Direct cost of services			(12,747	)				(13,026			)					(11,584	)
	Selling, general, and administrative expenses			(10,721	)				(8,718			)					(6,974	)
	Restructuring charge			(203	)				-								-
	Depreciation and amortization			(151	)				(143			)					(121	)
	Segment income			6,849					5,671								6,813
	Capital markets reportable segment:
	Revenues - Services and fees			19,420					-								-
	Selling, general, and administrative expenses			(14,185	)				-								-
	Depreciation and amortization			(193	)				-								-
	Segment income			5,042					-								-
	UK Retail Stores reportable segment:
	Revenues - Sale of goods			-					6,202								10,206
	Cost of goods sold			-					(3,566			)					(5,475	)
	Selling, general, and administrative expenses			-					(3,773			)					(4,462	)
	Depreciation and amortization			-					(45			)					(18	)
	Segment income			-					(1,182			)					251
	Consolidated operating income from reportable segments			4,190					15,736								18,443
	Corporate and other expenses (includes restructuring charge of $1,006 for the year ended December 31, 2014)			(11,621	)				(11,638			)					(11,002	)
	Interest income			12					26								201
	Loss from equity investment in Great American Real Estate, LLC and Shoon Trading Limited			-					(177			)					(120	)
	Gain from bargain purchase			-					-								1,366
	Interest expense			(1,262	)				(2,667			)					(2,612	)
	(Loss) income before income taxes			(8,681	)				1,280								6,276
	Benefit (provision) for income taxes			2,886					(704			)					(1,936	)
	Net (loss) income			(5,795	)				576								4,340
	Net income (loss) attributable to noncontrolling interests			6					(482			)					819
	Net (loss) income attributable to B. Riley Financial, Inc.		$	(5,801	)			$	1,058							$	3,521

	Capital expenditures:
	Auction and Liquidation segment		$	38				$	423							$	394
	Valuation and Appraisal segment			1					418								134
	Capital Markets segment			104					-								-
	UK Retail Stores segment			-					319								106
	Total		$	143				$	1,160							$	634
						As of December 31,
						2014								2013
	Total Assets:
	Auction and Liquidation segment					$		41,360						$	24,222
	Valuation and Appraisal segment							9,527							8,611
	Capital Markets segment							48,878							-
	Corporate and Other segment							39,225							40,844
	Total					$		138,990						$	73,677


The following table presents revenues by geographical area:

		Year Ended December 31,
		2014			2013				2012
Revenues:
Revenues - Services and fees:
United States		$	63,417		$	50,624			$	42,564
Europe			3,840			9,343				23,060
Total Revenues - Services and fees		$	67,257		$	59,967			$	65,624

Revenues - Sale of goods
United States		$	9,859		$	9,532			$	7,842
Europe			-			6,633				10,470
Total Revenues - Sale of goods		$	9,859		$	16,165			$	18,312

Total Revenues:
United States		$	73,276		$	60,156			$	50,406
Europe			3,840			15,976				33,530
Total Revenues - Services and fees		$	77,116		$	76,132			$	83,936

The following table presents long-lived assets and identifiable assets by geographical area:

		As of			As of
		December 31,			December 31,
		2014			2013
Long-lived Assets - Property and Equipment, net:
United States		$	776		$	990
Europe			-			100
Total Long-lived Assets		$	776		$	1,090

Identifiable Assets:
United States		$	137,216		$	68,405
Europe			1,774			5,272
Total Long-lived Assets		$	138,990		$	73,677

		Quarter Ended
		March 31,			June 30,				September 30,				December 31,
		2014			2014				2014				2014

Total revenues		$	21,653		$	14,947			$	20,674			$	19,842
Operating loss		$	(1,258	)	$	(1,056	)		$	(1,253	)		$	(3,664	)
Loss before income taxes		$	(1,884	)	$	(1,501	)		$	(1,303	)		$	(3,993	)
Benefit for income taxes		$	814		$	594			$	387			$	1,091
Net loss		$	(1,070	)	$	(907	)		$	(916	)		$	(2,902	)
Net loss attributable to B. Riley Financial, Inc.		$	(1,334	)	$	(777	)		$	(868	)		$	(2,822	)

Earnings (loss) per share:
Basic		$	(0.93	)	$	(0.16	)		$	(0.05	)		$	(0.18	)
Diluted		$	(0.93	)	$	(0.16	)		$	(0.05	)		$	(0.18	)

Weighted average shares outstanding:
Basic			1,434,107			4,972,203				15,911,482				15,902,607
Diluted			1,434,107			4,972,203				15,911,482				15,902,607

		Quarter Ended
		March 31,			June 30,				September 30,				December 31,
		2013			2013				2013				2013

Total revenues		$	20,954		$	15,239			$	21,751			$	18,188
Operating income (loss)		$	2,345		$	(1,935	)		$	782			$	2,906
Income (loss) before income taxes		$	1,713		$	(2,582	)		$	103			$	2,046
(Provision) benefit for income taxes		$	(778	)	$	987			$	133			$	(1,046	)
Net income (loss)		$	935		$	(1,595	)		$	236			$	1,000
Net loss attributable to B. Riley Financial, Inc.		$	1,289		$	(1,531	)		$	366			$	934

Earnings (loss) per share:
Basic		$	0.9		$	(1.07	)		$	0.26			$	0.65
Diluted		$	0.87		$	(1.07	)		$	0.24			$	0.62

Weighted average shares outstanding:
Basic			1,434,107			1,434,107				1,434,107				1,434,107
Diluted			1,482,780			1,434,107				1,494,528				1,495,328

SELECTED_QUARTERLY_FINANCIAL_D

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	NOTE 21— SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

		Quarter Ended
		March 31,			June 30,			September 30,			December 31,
		2014			2014			2014			2014

	Total revenues	$	21,653		$	14,947		$	20,674		$	19,842
	Operating loss	$	(1,258	)	$	(1,056	)	$	(1,253	)	$	(3,664	)
	Loss before income taxes	$	(1,884	)	$	(1,501	)	$	(1,303	)	$	(3,993	)
	Benefit for income taxes	$	814		$	594		$	387		$	1,091
	Net loss	$	(1,070	)	$	(907	)	$	(916	)	$	(2,902	)
	Net loss attributable to B. Riley Financial, Inc.	$	(1,334	)	$	(777	)	$	(868	)	$	(2,822	)

	Earnings (loss) per share:
	Basic	$	(0.93	)	$	(0.16	)	$	(0.05	)	$	(0.18	)
	Diluted	$	(0.93	)	$	(0.16	)	$	(0.05	)	$	(0.18	)

	Weighted average shares outstanding:
	Basic		1,434,107			4,972,203			15,911,482			15,902,607
	Diluted		1,434,107			4,972,203			15,911,482			15,902,607

		Quarter Ended
		March 31,			June 30,			September 30,			December 31,
		2013			2013			2013			2013

	Total revenues	$	20,954		$	15,239		$	21,751		$	18,188
	Operating income (loss)	$	2,345		$	(1,935	)	$	782		$	2,906
	Income (loss) before income taxes	$	1,713		$	(2,582	)	$	103		$	2,046
	(Provision) benefit for income taxes	$	(778	)	$	987		$	133		$	(1,046	)
	Net income (loss)	$	935		$	(1,595	)	$	236		$	1,000
	Net loss attributable to B. Riley Financial, Inc.	$	1,289		$	(1,531	)	$	366		$	934

	Earnings (loss) per share:
	Basic	$	0.9		$	(1.07	)	$	0.26		$	0.65
	Diluted	$	0.87		$	(1.07	)	$	0.24		$	0.62

	Weighted average shares outstanding:
	Basic		1,434,107			1,434,107			1,434,107			1,434,107
	Diluted		1,482,780			1,434,107			1,494,528			1,495,328

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2014
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 22— SUBSEQUENT EVENTS

	On January 2, 2015, the Company entered into a purchase agreement to acquire all of the equity interests of MK Capital Advisors, LLC (“MK Capital”), a wealth management business with operations primarily in New York. The terms of the purchase agreement required the seller to meet certain pre-closing conditions. On February 2, 2015, the closing conditions were satisfied and the Company completed the purchase of MK Capital. The Company is in the process of completing the preliminary purchase price accounting for the acquisition and pro-forma financial information of MK Capital. Upon closing, the Company paid the shareholders of MK Capital $2,500 in cash and issued 333,333 shares of the Company’s common stock. The purchase agreement also requires the payment of contingent consideration of $1,250 in cash and 166,667 shares of common stock on the first anniversary date of the closing (February 2, 2016) and a final payment of $1,250 in cash and 166,666 of common stock on the second anniversary date of the closing (February 2, 2017). The contingent consideration is payable on the first and second anniversary dates of the closing provided that MK Capital generates a minimum amount of gross revenues as defined in the purchase agreement for the twelve months following the first and second anniversary dates of the closing. The acquisition of MK Capital allows the Company to expand into the wealth management business.

	In connection with the issuance of common stock to the shareholders of MK Capital, the Company entered into a registration rights agreement which allows the selling shareholders of MK Capital to register their shares upon the Company filing a prospectus or registration statement at any time subsequent to the acquisition of MK Capital.

	In March 2015, the Company had capital deployed for three retail liquidation engagements. On March 10, 2015, the Company borrowed $4,500 from Riley Investment Partners, L.P. (“Payee”) in accordance with the subordinated unsecured promissory note (the “RIP Note”). The principal amount of $4,500 for the RIP Note accrues interest at the rate of 10% per annum (or 15% in the event of a default under the RIP Note). The borrowings are for short-term working capital needs and capital for other retail liquidation engagements. The Payee is also is entitled to a success fee (the “Success Fee”) of 20% of the net profit, if any, earned by the Company in connection with a designated liquidation transaction. Pursuant to the terms of the RIP Note, under no circumstances shall the Company be obligated to pay to Payee any portion of the combined amount of interest and the Success Fee which exceeds twelve percent (12%) of the $4,500 principal amount of the RIP Note. The outstanding principal amount, together with the accrued and unpaid interest and the Success Fee, are due and payable by the Company on March 9, 2016. The RIP Note is subordinated in certain respects to the Company’s guaranty relating to its existing credit facility with Wells Fargo Bank, National Association and, in the event of certain insolvency proceedings, with respect to such credit facility itself, as well as to any other indebtedness of the Company to the extent required by the documents governing the repayment thereof.

	Riley Investment Management LLC, a wholly owned subsidiary of the Company, is the general partner of Payee. Bryant Riley, the Chief Executive Officer and Chairman of the Board of Directors of the Company, owns or controls approximately 45% of the equity interests of the Payee. In addition, Thomas Kelleher, the President of the Company, and one other employee of the Company, own or control de minimis amounts of the equity interests of the Payee. After considering the economic interests of Mr. Riley and Mr. Kelleher in the RIP Note and comparing the terms of the RIP Note to terms that may have been available from unaffiliated third parties, the disinterested members of the Company’s Board of Directors unanimously approved the issuance of the RIP Note.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Dec. 31, 2014
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	(a) Principles of Consolidation and Basis of Presentation

	The consolidated financial statements include the accounts of B. Riley Financial, Inc. and its wholly owned and majority-owned subsidiaries. The consolidated financial statements also include the accounts of Great American Global Partners, LLC which is controlled by the Company as a result of its ownership of a 50% member interest, appointment of two of the three executive officers and significant influence over the funding of operations. All intercompany accounts and transactions have been eliminated upon consolidation.

	The accounting guidance requires an enterprise to perform an analysis to determine whether the enterprise’s variable interest or interests give it a controlling financial interest in a variable interest entity; to require ongoing reassessments of whether an enterprise is the primary beneficiary of a VIE; to eliminate the solely quantitative approach previously required for determining the primary beneficiary of a VIE; to add an additional reconsideration event for determining whether an entity is a VIE when any changes in facts and circumstances occur such that holders of the equity investment at risk, as a group, lose the power from voting rights or similar rights of those investments to direct the activities of the entity that most significantly impact the entity’s economic performance; and to require enhanced disclosures that will provide users of financial statements with more transparent information about an enterprise’s involvement in a VIE. As more fully described in Note 19, the Company determined that its’ equity investment and subordinated financing arrangements with Great American Real Estate, LLC (“GARE”), a joint venture 50% owned by the Company and Kelly Capital, LLC, changes the status of GARE to a VIE that does not require consolidation in the Company’s consolidated financial statements.
Use of Estimates, Policy [Policy Text Block]	(b) Use of Estimates

	The preparation of the 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 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, reserves for accounts receivable and slow moving goods held for sale or auction, the carrying value of intangible assets and goodwill, the fair value of mandatorily redeemable noncontrolling interests and accounting for income tax valuation 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.
Revenue Recognition, Policy [Policy Text Block]	(c) Revenue Recognition

	Revenues are recognized in accordance with the accounting guidance when persuasive evidence of an arrangement exists, the related services have been provided, the fee is fixed or determinable, and collection is reasonably assured.

	Revenues in the Capital Markets segment are primarily comprised of (i) fees earned from corporate finance and investment banking services; and (ii) revenues from sales and trading activities.

	Fees earned from corporate finance and investment banking services are derived from debt, equity and convertible securities offerings in which the Company acted as an underwriter or placement agent and from financial advisory services rendered in connection with client mergers, acquisitions, restructurings, recapitalizations and other strategic transactions. Fees from underwriting activities are recognized in earnings when the services related to the underwriting transaction are completed under the terms of the engagement and when the income was determined and is not subject to any other contingencies.

	Revenues from sales and trading includes (i) commissions resulting from equity securities transactions executed as agent or principal and are recorded on a trade date basis, (ii) related net trading gains and losses from market making activities and from the commitment of capital to facilitate customer orders, (iii) fees paid for equity research and (iv) principal transactions which include realized and unrealized net gains and losses resulting from our principal investments in equity and other securities for the Company’s account.

	Revenues in the Valuation and Appraisal segment are primarily comprised of fees for valuation and appraisal services. Revenues are recognized upon the delivery of the completed services to the related customers and collection of the fee is reasonably assured. Revenues in the Valuation and Appraisal segment also include contractual reimbursable costs which totaled $3,013, $2,811 and $2,704 for the years ended December 31, 2014, 2013 and 2012, respectively.

	Revenues in the Auction and Liquidation segment are comprised of (i) commissions and fees earned on the sale of goods at auctions and liquidations; (ii) revenues from auction and liquidation services contracts where the Company guarantees a minimum recovery value for goods being sold at auction or liquidation; (iii) revenue from the sale of goods that are purchased by the Company for sale at auction or liquidation sales events; (iv) fees earned from real estate services and the origination of loans; (v) revenues from financing activities is recorded over the lives of related loans receivable using the interest method; and (vi) revenues from contractual reimbursable expenses incurred in connection with auction and liquidation contracts.

	Commission and fees earned on the sale of goods at auction and liquidation sales are recognized when evidence of an arrangement exists, the sales price has been determined, title has passed to the buyer and the buyer has assumed the risks of ownership, and collection is reasonably assured. The commission and fees earned for these services are included in revenues in the accompanying consolidated statements of operations. Under these types of arrangements, revenues also include contractual reimbursable costs which totaled $6,950, $5,620 and $5,295 for the years ended December 31, 2014, 2013, and 2012, respectively.

	Revenues earned from auction and liquidation services contracts where the Company guarantees a minimum recovery value for goods being sold at auction or liquidation are recognized based on proceeds received. The Company records proceeds received from these types of engagements first as a reduction of contractual reimbursable expenses, second as a recovery of its guarantee and thereafter as revenue, subject to such revenue meeting the criteria of having been fixed or determinable. Contractual reimbursable expenses and amounts advanced to customers for minimum guarantees are initially recorded as advances against customer contracts in the accompanying consolidated balance sheets. If, during the auction or liquidation sale, the Company determines that the proceeds from the sale will not meet the minimum guaranteed recovery value as defined in the auction or liquidation services contract, the Company accrues a loss on the contract in the period that the loss becomes known. Revenues in the Auction and Liquidation segment include a loss accrual of $6,100 for one retail liquidation engagement where the Company guaranteed a minimum recovery value to be realized for the liquidation of inventory.

	The Company also evaluates revenue from auction and liquidation contracts in accordance with the accounting guidance to determine whether to report auction and liquidation segment revenue on a gross or net basis. The Company has determined that it acts as an agent in a substantial majority of its auction and liquidation services contracts and therefore reports the auction and liquidation revenues on a net basis.

	Revenues from the sale of goods are recorded gross and are recognized in the period in which the sale of goods held for sale or auction are completed, title to the property passes to the purchaser and the Company has fulfilled its obligations with respect to the transaction. These revenues are primarily the result of the Company acquiring title to merchandise with the intent of selling the items at auction or for augmenting liquidation sales.

	Revenues from sales-type leases are recorded as an asset at lease inception. The asset is recorded at the aggregate future minimum lease payments, estimated residual value of the leased equipment, and deferred incremental direct costs less unearned income. Income is recognized over the life of the lease to approximate a level rate of return on the net investment. During the year ended December 31, 2013, the terms of the lease agreement for four oil rigs that was included in leased equipment at December 31, 2012 was amended to, among other things, eliminate the right of the lessor to return the oil rigs to the Company. This amendment changed the classification of the lease from an operating lease to a sales-type lease and resulted in the Company recording revenues from the sale of the oil rigs of $9,280 and cost of goods sold of $7,447 during the year ended December 31, 2013.

	Fees earned from real estate services and the origination of loans where the Company provides capital advisory services are recognized in the period earned, if the fee is fixed and determinable and collection is reasonably assured.

	Revenues from the sale of goods in our UK retail stores segment were recognized as revenue upon the sale of product to retail customers through July 31, 2013. Our net sales represent gross sales invoiced to customers, less certain related charges for discounts, returns, and other promotional allowances and are recorded net of sales or value added tax. Allowances provided for these items are presented in the consolidated financial statements primarily as reductions to sales and cost of sales.

	In the normal course of business, the Company will enter into collaborative arrangements with other merchandise liquidators to collaboratively execute auction and liquidation contracts. The Company’s collaborative arrangements specifically include contractual agreements with other liquidation agents in which the Company and such other liquidation agents actively participate in the performance of the liquidation services and are exposed to the risks and rewards of the liquidation engagement. The Company’s participation in collaborative arrangements including its rights and obligations under each collaborative arrangement can vary. Revenues from collaborative arrangements are recorded net based on the proceeds received from the liquidation engagement. Amounts paid to participants in the collaborative arrangements are reported separately as direct costs of revenues. Revenue from collaborative arrangements in which the Company is not the majority participant is recorded net based on the Company’s share of proceeds received. There were no revenues and direct cost of services subject to collaborative arrangements during the year ended December 31, 2014. There were revenues of $8,094 and $4,238 and direct cost of services of $1,073 and $3,331 subject to collaborative arrangements during the years ended December 31, 2013 and 2012, respectively.
Cost of Sales, Policy [Policy Text Block]	(d) Direct Cost of Services

	Direct cost of services relate to service and fee revenues. The costs consist of employee compensation and related payroll benefits, travel expenses, the cost of consultants assigned to revenue-generating activities and direct expenses billable to clients in the Valuation and Appraisal segment. Direct costs of services include participation in profits under collaborative arrangements in which the Company is a majority participant. Direct costs of services also include the cost of consultants and other direct expenses related to auction and liquidation contracts pursuant to commission and fee based arrangements in the Auction and Liquidation segment. Direct cost of services does not include an allocation of the Company’s overhead costs.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	(e) Concentration of Risk

	Revenues from one liquidation service contract to a retailer and the sale of four oil rigs to one customer represented 10.7% and 12.2% of total revenues during the year ended December 31, 2013. Revenues from one liquidation service contract to a retailer represented 14.4% of total revenues during the year ended December 31, 2012. Revenues in the Valuation and Appraisal segment and the Auction and Liquidation segment are primarily generated in the United States and Europe.

	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, 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 liquidation services contract, the Company sometimes conducts operations with third parties through collaborative arrangements.

	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.
Advertising Costs, Policy [Policy Text Block]	(f) Advertising Expense

	The Company expenses advertising costs, which consist primarily of costs for printed materials, as incurred. Advertising costs totaled $262, $446 and $698 for the years ended December 31, 2014, 2013, and 2012, respectively. Advertising expense is included as a component of selling, general and administrative expenses in the accompanying consolidated statement of operations.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	(g) Share-Based Compensation

	The Company’s share based payment awards principally consist of grants of restricted stock and restricted stock units. Share based payment awards also includes grants of membership interests in the Company’s majority owned subsidiaries. The grants of membership interests consist of percentage interests in the Company’s majority owned subsidiaries as determined at the date of grant. In accordance with the applicable accounting guidance, share based payment awards are classified as either equity or liabilities. For equity-classified awards, the Company measures compensation cost for the grant of membership interests at fair value on the date of grant and recognizes compensation expense in the consolidated statement of operations over the requisite service or performance period the award is expected to vest. The fair value of the liability-classified award will be subsequently remeasured at each reporting date through the settlement date. Change in fair value during the requisite service period will be recognized as compensation cost over that period.
Income Tax, Policy [Policy Text Block]	(h) Income Taxes

	The Company recognizes deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the consolidated financial statements or tax returns. Deferred tax liabilities and assets are determined based on the difference between the financial statement basis and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The Company estimates the degree to which tax assets and credit carryforwards will result in a benefit based on expected profitability by tax jurisdiction. A valuation allowance for such tax assets and loss carryforwards is provided when it is determined to be more likely than not that the benefit of such deferred tax asset will not be realized in future periods. Tax benefits of operating loss carryforwards are evaluated on an ongoing basis, including a review of historical and projected future operating results, the eligible carryforward period, and other circumstances. If it becomes more likely than not that a tax asset will be used, the related valuation allowance on such assets would be reduced.
Cash and Cash Equivalents, Policy [Policy Text Block]	(i) Cash and Cash Equivalents

	The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	(j) Restricted Cash

	The Company maintains deposits in accounts under the control of a financial institution as collateral for letters of credit relating to liquidation engagements in connection with the $100,000 credit facility described in Note 10 (a) and the $6,856 note payable described in Note 12. As of December 31, 2014, restricted cash included $7,532 of cash collateral for the letters of credit and the outstanding loan balance under of asset based credit facility, $50 of cash segregated in a special reserve bank account for the benefit of customers related to our broker dealer subsidiary, and $75 of cash collateral for electronic payment processing in Europe. As of December 31, 2013, restricted cash included $165 of cash collateral for electronic payment processing in Europe and $160 of cash collected from the leasing transactions related to four oil rigs that collateralize the related note payable, which had an outstanding principal amount of $6,570 as of December 31, 2014.
Trade and Other Accounts Receivable, Policy [Policy Text Block]	(k) Accounts Receivable

	Accounts receivable represents amounts due from the Company’s auction and liquidation and valuation and appraisal customers. The Company maintains an allowance for doubtful accounts for estimated losses inherent in its accounts receivable portfolio. In establishing the required allowance, management utilizes a specific customer identification methodology. Management also considers historical losses adjusted for current market conditions and the customers’ financial condition and the current receivables aging and current payment patterns. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The Company does not have any off-balance sheet credit exposure related to its customers. The Company’s bad debt expense totaled $532, $18 and $108 for the years ended December 31, 2014, 2013 and 2012, respectively. These amounts are included as a component of selling, general and administrative expenses in the accompanying consolidated statement of operations.
Advances Against Customer Contracts, Policy [Policy Text Block]	(l) Advances Against Customer Contracts

	Advances against customer contracts represent advances of contractually reimbursable expenses incurred prior to, and during the term of the auction and liquidation services contract. These advances are charged to expense in the period that revenue is recognized under the contract.
Goods Held For Sale Or Auction Policy [Policy Text Block]	(m) Goods Held for Sale or Auction

	Goods held for sale or auction are stated at the lower of cost, determined by the specific-identification method, or market.
Loans and Leases Receivable, Lease Financing, Policy [Policy Text Block]	(n) Lease Finance Receivable

	Lease finance receivables consisted of the Company’s net investment in sales-type leases for four oil rigs as of December 31, 2013. The gross lease payments included a bargain purchase option in the amount of $4,242 that was payable upon the maturity of the lease on December 15, 2014. The leasee did not exercise its right to purchase the four oil rigs in accordance with the bargain purchase option. Upon the expiration of the lease on December 15, 2014, the Company recorded an impairment charge in the amount of $1,142 in cost of goods sold to write-down the four oil rigs to their estimated fair value of $3,100 which is included in goods held for sale at December 31, 2014. In addition, the leasee was in default and arrears on certain lease payments in the amount of $2,363 that are included in prepaid expenses and other current assets at December 31, 2014. The lease payments are guaranteed by the parent company of the lessee and the lessee was notified by the Company that it is in default under the lease and demanded payment. In response to this, on June 16, 2014, the leasee has demanded binding arbitration. Management believes that such arbitration will result in the lessee being required to fulfill its obligation under the lease contract and the amounts due from the leasee are collectible. On January 11, 2015, the Company’s wholly-owned subsidiary which was a party to the lease agreement filed for voluntary bankruptcy protection as more fully discussed in Note 12. The lease finance receivable at December 31, 2013 is comprised of the following:

		December 31,
		2013

	Minimum lease payment receivable	$	4,367
	Lease purchase option		4,242
	Unearned income		(510	)
	Total lease finance receivable	$	8,099
Securities Owned and Securities Sold Not Yet Purchased, Policy [Policy Text Block]	(o) *Securities Owned and Securities Sold Not Yet Purchased*

	Securities owned consists of marketable securities recorded at fair value. Securities sold, but not yet purchased represents obligations of the Company to deliver the specified security at the contracted price and thereby create a liability to purchase the security in the market at prevailing prices. Changes in the value of these securities are reflected currently in the results of operations.

	As of December 31, 2014, the Company’s securities owned and securities sold not yet purchased at fair value consisted of the following securities:

		December 31,
		2014
	Securities owned
	Common stocks	$	16,667
	Corporate bonds		1,188
	Partnership interests		100
		$	17,955

	Securities sold not yet purchased
	Corporate bonds	$	746
Property, Plant and Equipment, Policy [Policy Text Block]	(p) Property and Equipment

	Property and equipment are stated at cost. Depreciation and amortization is computed using the straight-line method over the estimated useful lives of the assets. Property and equipment held under capital leases are amortized on a straight-line basis over the shorter of the lease term or estimated useful life of the asset. Property and equipment under capital leases were stated at the present value of minimum lease payments.
Goodwill and Intangible Assets, Policy [Policy Text Block]	(q) Goodwill and Other Intangible Assets

	The Company accounts for goodwill and intangible assets in accordance with the accounting guidance which requires that goodwill and other intangibles with indefinite lives be tested for impairment annually or on an interim basis if events or circumstances indicate that the fair value of an asset has decreased below its carrying value.

	Goodwill includes (i) the excess of the purchase price over the fair value of net assets acquired in a business combinations and (ii) an increase for the subsequent acquisition of noncontrolling interests during the year ended December 31, 2007 (also see Note 8). The Accounting Standards Codification (“Codification”) requires that goodwill be tested for impairment at the reporting unit level (operating segment or one level below an operating segment). Application of the goodwill impairment test requires judgment, including the identification of reporting units, assigning assets and liabilities to reporting units, assigning goodwill to reporting units, and determining the fair value. The Company operates two reporting units, which are the same as its reporting segments described in Note 20. Significant judgment is required to estimate the fair value of reporting units which includes estimating future cash flows, determining appropriate discount rates and other assumptions. Changes in these estimates and assumptions could materially affect the determination of fair value and/or goodwill impairment.

	When testing goodwill for impairment, the Company may assess qualitative factors for some or all of our reporting units to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount, including goodwill. Alternatively, the Company may bypass this qualitative assessment for some or all of our reporting units and perform a detailed quantitative test of impairment (step 1). If the Company performs the detailed quantitative impairment test and the carrying amount of the reporting unit exceeds its fair value, the Company would perform an analysis (step 2) to measure such impairment. In 2014, the Company first performed a qualitative assessment to identify and evaluate events and circumstances to conclude whether it is more likely than not that the fair value of the Company’s reporting units are less than its carrying amounts. Based on the Company’s qualitative assessments, the Company concluded that a positive assertion can be made from the qualitative assessment that it is more likely than not that the fair value of the reporting units exceeded their carrying values and no impairments were identified.

	The Company reviews the carrying value of its amortizable intangibles and other long-lived assets for impairment at least annually or whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of long-lived assets is measured by comparing the carrying amount of the asset or asset group to the undiscounted cash flows that the asset or asset group is expected to generate. If the undiscounted cash flows of such assets are less than the carrying amount, the impairment to be recognized is measured by the amount by which the carrying amount of the asset or asset group, if any, exceeds its fair market value. No impairment was deemed to exist as of December 31, 2014.
Fair Value Measurement, Policy [Policy Text Block]	(r) Fair Value Measurements

	The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market. The Company also records mandatorily redeemable noncontrolling interests that were issued after November 5, 2003 at fair value with fair value determined in accordance with the Accounting Standards Codification (“ASC”). The following table below presents information about the Company’s securities owned, mandatorily redeemable noncontrolling interests and securities sold not yet purchased that are measured at fair value on a recurring basis as of December 31, 2014 and December 31, 2013 which are categorized using the three levels of fair value hierarchy. In general, fair values determined by Level 1 inputs utilize quoted prices (unadjusted) for identical instruments that are highly liquid, observable and actively traded in over-the-counter markets. Fair values determined by Level 2 inputs utilize inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations whose inputs are observable and can be corroborated by market data. Level 3 inputs are unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.

	The following tables present information on the liabilities measured and recorded at fair value on a recurring basis as of December 31, 2014 and 2013.

		Financial Assets Measured at Fair Value on a
		Recurring Basis at December 31, 2014, Using
					Quoted prices in		Other		Significant
		Fair Value at			active markets for		observable		unobservable
		December 31,			identical assets		inputs		inputs
		2014			(Level 1)		(Level 2)		(Level 3)
	Assets:
	Securities owned
	Common stocks	$	16,667		$	16,348	$	-	$	319
	Corporate bonds		1,188			-		1,188		-
	Partnership interests		100			-		100		-
	Total assets measured at fair value	$	17,955		$	16,348	$	1,288	$	319

	Liabilities:
	Securities sold not yet purchased Corporate bonds	$	746		$	-	$	746	$	-

	Mandatorily redeemable noncontrolling interests issued after November 5, 2003	$	2,285		$	-	$	-	$	2,285
	Total liabilities measured at fair value	$	3,031		$	-	$	746	$	2,285

		Financial Assets Measured at Fair Value on a
		Recurring Basis at December 31, 2013, Using
					Quoted prices in		Other		Significant
		Fair Value at			active markets for		observable		unobservable
		December 31,			identical assets		inputs		inputs
		2013			(Level 1)		(Level 2)		(Level 3)
	Mandatorily redeemable noncontrolling interests issued after November 5, 2003	$	2,273		$	-	$	-	$	2,273
	Total liabilities measured at fair value	$	2,273		$	-	$	-	$	2,273

	The Company determined the fair value of mandatorily redeemable noncontrolling interests described above based on the issuance of similar interests for cash, references to industry comparables, and relied, in part, on information obtained from appraisal reports and internal valuation models. The changes in Level 3 fair value hierarchy during the year ended December 31, 2013 and 2014 is as follows:

		Level 3			Level 3 Changes During the Year									Level 3
		Balance at			Fair		Relating to		Purchases,			Transfer in		Balance at
		Beginning of			Value		Undistributed		Sales and			and/or out		End of
		Period			Adjustments		Earnings		Settlements			of Level 3		Period
	Year Ended December 31, 2013
	Mandatorily redeemable noncontrolling interests issued after November 5, 2003	$	2,246		$	-	$	27	$	-		$	-	$	2,273

	Year Ended December 31, 2014
	Common stocks	$	-		$	-	$	-	$	319		$	-	$	319
	Mandatorily redeemable noncontrolling interests issued after November 5, 2003	$	2,273		$	-	$	103	$	(91	)	$	-	$	2,285

	The amount reported in the table above for the years ended December 31, 2013 and December 31, 2014 includes the amount of undistributed earnings attributable to the mandatorily redeemable noncontrolling interests that is distributed on a quarterly basis. The amounts reported in the table above for the year ended December 31, 2014 includes settlements of $91 related to the repurchase of mandatorily redeemable noncontrolling interests from one of our majority owned limited liability company majority owned subsidiaries and $316 of common stock purchased by BRC which is included in securities owned at December 31, 2014.

	The carrying amounts reported in the consolidated financial statements for cash, restricted cash, accounts receivable, accounts payable and accrued expenses and other current liabilities approximate fair value based on the short-term maturity of these instruments. The carrying amounts of the notes payable (including credit lines used to finance liquidation engagements) and long-term debt approximate fair value because the contractual interest rates or effective yields of such instruments are consistent with current market rates of interest for instruments of comparable credit risk.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	(s) Foreign Currency Translation

	The Company transacts business in various foreign currencies. In countries where the functional currency of the underlying operations has been determined to be the local country's currency, revenues and expenses of operations outside the United States are translated into United States dollars using average exchange rates while assets and liabilities of operations outside the United States are translated into United States dollars using year-end exchange rates. Equity accounts of foreign subsidiaries are translated at the historical rate. The effects of foreign currency translation adjustments are included in stockholders' equity as a component of accumulated other comprehensive income in the accompanying consolidated balance sheets. Transaction losses were $137 during the year ended December 31, 2014 and transaction gains were $257 and $892 during the years ended December 31, 2013 and 2012, respectively. These amounts are included in selling, general and administrative expenses in our consolidated statements of operations.
Supplemental Cash Flows Disclosure, Policy [Policy Text Block]	(t) Supplemental Cash Flows Disclosure

	During the year ended December 31, 2014, supplemental non-cash activity included a decrease in long term debt of $18,759 related to the discount on the retirement of the long term debt payable to Andrew Gumaer and Harvey Yellen, the two former Great American Members (as more fully described in Notes 1 and 11), both of whom were executive officers and directors of the Company at the time of such retirement. The $48,759 principal amount of long-term debt was repaid in full with a cash payment of $30,000 on June 5, 2014. The discount of $18,759 has been recorded as a capital contribution to additional paid in capital in our consolidated financial statements.
New Accounting Pronouncements, Policy [Policy Text Block]	(u) Recent Accounting Pronouncements

	In May 2014, the Financial Accounting Standards Board issued an accounting standards update amending revenue recognition requirements for multiple deliverable revenue arrangements. This update provides guidance on how revenue is recognized to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for the goods or services. This determination is made in five steps: (i) identify the contract with the customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the entity satisfies a performance obligation. The update is effective for annual reporting periods after December 15, 2016 and for interim reporting periods within that reporting period. Early adoption is not permitted. The Company has not yet adopted this update and is currently evaluating the impact it may have on its financial condition and results of operations.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Dec. 31, 2014
Summary Of Significant Accounting Policies Tables
Schedule of Collaborative Arrangements and Non-collaborative Arrangement Transactions [Table Text Block]	The lease finance receivable at December 31, 2013 is comprised of the following:

		December 31,
		2013

	Minimum lease payment receivable	$	4,367
	Lease purchase option		4,242
	Unearned income		(510	)
	Total lease finance receivable	$	8,099
Schedule of Securities Owned and Sold, Not yet Purchased, at Fair Value [Table Text Block]	As of December 31, 2014, the Company’s securities owned and securities sold not yet purchased at fair value consisted of the following securities:

		December 31,
		2014
	Securities owned
	Common stocks	$	16,667
	Corporate bonds		1,188
	Partnership interests		100
		$	17,955

	Securities sold not yet purchased
	Corporate bonds	$	746
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	The following tables present information on the liabilities measured and recorded at fair value on a recurring basis as of December 31, 2014 and 2013.

		Financial Assets Measured at Fair Value on a
		Recurring Basis at December 31, 2014, Using
					Quoted prices in		Other		Significant
		Fair Value at			active markets for		observable		unobservable
		December 31,			identical assets		inputs		inputs
		2014			(Level 1)		(Level 2)		(Level 3)
	Assets:
	Securities owned
	Common stocks	$	16,667		$	16,348	$	-	$	319
	Corporate bonds		1,188			-		1,188		-
	Partnership interests		100			-		100		-
	Total assets measured at fair value	$	17,955		$	16,348	$	1,288	$	319

	Liabilities:
	Securities sold not yet purchased Corporate bonds	$	746		$	-	$	746	$	-

	Mandatorily redeemable noncontrolling interests issued after November 5, 2003	$	2,285		$	-	$	-	$	2,285
	Total liabilities measured at fair value	$	3,031		$	-	$	746	$	2,285

		Financial Assets Measured at Fair Value on a
		Recurring Basis at December 31, 2013, Using
					Quoted prices in		Other		Significant
		Fair Value at			active markets for		observable		unobservable
		December 31,			identical assets		inputs		inputs
		2013			(Level 1)		(Level 2)		(Level 3)
	Mandatorily redeemable noncontrolling interests issued after November 5, 2003	$	2,273		$	-	$	-	$	2,273
	Total liabilities measured at fair value	$	2,273		$	-	$	-	$	2,273
Changes in Level 3 fair value hierarchy [Table Text Block]	The changes in Level 3 fair value hierarchy during the year ended December 31, 2013 and 2014 is as follows:

		Level 3			Level 3 Changes During the Year									Level 3
		Balance at			Fair		Relating to		Purchases,			Transfer in		Balance at
		Beginning of			Value		Undistributed		Sales and			and/or out		End of
		Period			Adjustments		Earnings		Settlements			of Level 3		Period
	Year Ended December 31, 2013
	Mandatorily redeemable noncontrolling interests issued after November 5, 2003	$	2,246		$	-	$	27	$	-		$	-	$	2,273

	Year Ended December 31, 2014
	Common stocks	$	-		$	-	$	-	$	319		$	-	$	319
	Mandatorily redeemable noncontrolling interests issued after November 5, 2003	$	2,273		$	-	$	103	$	(91	)	$	-	$	2,285

ACQUISITIONS_Tables

ACQUISITIONS (Tables)	12 Months Ended
ACQUISITIONS (Tables)	Dec. 31, 2014
Acquisitions Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	The purchase price allocation was as follows:

	Tangible assets acquired and assumed:
	Cash and cash equivalents	$	2,667
	Restricted cash		50
	Securities owned		1,978
	Accounts receivable		1,845
	Prepaid expenses and other assets		302
	Property and equipment		76
	Accounts payable and accrued liabilities		(3,194	)
	Securities sold, not yet purchased		(922	)
	Deferred tax liability		(1,120	)
	Customer relationships		1,200
	Tradename		1,600
	Goodwill		21,869
	Total	$	26,351
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	The amount of revenue and earnings attributable to BRC in the Company’s consolidated statement of operations during the year ended December 31, 2014 were as follows:

		Period from
		18-Jun-14
		through
		31-Dec-14
	Revenues	$	19,420
	Income before income taxes		5,124
Business Acquisition, Pro Forma Information [Table Text Block]	The pro forma financial information as presented below is for informational purposes only and is not necessarily indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of the earliest period presented, nor does it intend to be a projection of future results .

		Pro Forma Unaudited
		Year Ended			Year Ended
		31-Dec-14			31-Dec-13

	Revenues	$	91,656		$	102,965
	Net (loss) income attributable to B. Riley Financial, Inc.	$	(3,938	)	$	4,594

	Basic (loss) income per share	$	(0.34	)	$	0.82
	Diluted (loss) income per share	$	(0.34	)	$	0.81
	Weighted average basic shares outstanding		11,533,178			5,613,307
	Weighted average diluted shares outstanding		11,533,178			5,674,528
Financial information related to less-than-majority-owned subsidiary [Table Text Block]	The summarized financial information below includes amounts related to Shoon, the Company’s less-than-majority-owned subsidiary, for periods after July 31, 2013.

		Five Months
		Ended
		31-Dec-13
	Total revenues	$	6,294
	Cost of goods sold		3,375
	Loss before income taxes		(160	)
	Income tax benefit		58
	Net loss	$	(102	)
	GAG, Inc equity share of net loss	$	(45	)

		As of
		31-Dec-13
	Current assets	$	3,865
	Non-current asstes		397
	Total assets		4,262

	Current liabilities		3,338
	Non-current liabilities		497
	Net assets	$	427
Fair value of the net assets acquired [Table Text Block]	The following details the estimated fair value of the net assets acquired and the excess of such net assets over the purchase price upon acquisition:

	Fixed assets	$	78
	Retail inventory		3,752
	Accounts payable and accrued liabilities		(810	)
	Deferred tax liability		(408	)
	Fair value of net assets acquired		2,612
	Total cash consideration		(1,246	)

	Gain on bargain purchase	$	1,366
Financial statement amounts [Table Text Block]	The following financial statement amounts of Shoon were included in the accompanying consolidated financial statements in the UK retail stores segment for the period from May 4, 2012, the date of investment, through December 31, 2012 and for the period from January 1, 2013 through July 31, 2013:

		Period From			Period From
		January 1, 2013 to			May 4, 2012 to
		31-Jul-13			31-Dec-12
	Revenues:
	Revenues - Sale of goods	$	6,202		$	10,206
	Cost of goods sold		(3,566	)		(5,475	)
	Selling, general and administrative expenses		(3,818	)		(4,480	)
	Operating (loss) income		(1,182	)		251
	Other expenses		(94	)		(251	)
	Gain on bargain purchase		-			1,366
	(Loss) income before income taxes		(1,276	)		1,366
	Benefit (provision) for income taxes		319			(1	)
	Net (loss) income		(957	)		1,365
	Net (loss) income attributable to noncontrolling interest		(532	)		819
	Net (loss) income attributable to B. Riley Financial, Inc.	$	(425	)	$	546

RESTRUCTURING_CHARGE_Tables

RESTRUCTURING CHARGE (Tables)	12 Months Ended
RESTRUCTURING CHARGE (Tables)	Dec. 31, 2014
Restructuring Charge Tables
Restructuring and Related Costs [Table Text Block]	The following table summarizes the restructuring charge during 2014:

		Auction and		Valuation and		Corporate and
		Liquidation		Appraisal		Other
		Segment		Segment		Expenses		Total
	Expensed during 2014:
	Payroll and severance costs	$	951	$	131	$	513	$	1,595
	Office closure		295		8		383		686
	Other charges		93		64		110		267

	Total expended during the 2014		1,339		203		1,006		2,548
	Paid during 2014		1,208		203		647		2,058

	Accrued balance at December 31, 2014	$	131	$	-	$	359	$	490

ACCOUNTS_RECEIVABLE_Tables

ACCOUNTS RECEIVABLE (Tables)	12 Months Ended
ACCOUNTS RECEIVABLE (Tables)	Dec. 31, 2014
Accounts Receivable Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	The components of accounts receivable net include the following:

		December 31,			December 31,
		2014			2013

	Accounts receivable	$	7,797		$	8,402
	Investment banking fees, commissions and other receivables		1,608			-
	Unbilled receivables		1,421			731
	Total accounts receivable		10,826			9,133
	Allowance for doubtful accounts		(728	)		(275	)
	Accounts receivable, net	$	10,098		$	8,858
Schedule of Allowance for Doubtful Accounts Receivable [Table Text Block]	Additions and changes to the allowance for doubtful accounts consist of the following:

		Year Ended December 31,
		2014			2013			2012

	Balance, beginning of year	$	275		$	371		$	424
	Add: Additions to reserve		532			18			108
	Less: Write-offs		(79	)		(84	)		(12	)
	Less: Recoveries		-			(30	)		(149	)
	Balance, end of year	$	728		$	275		$	371

GOODS_HELD_FOR_SALE_OR_AUCTION1

GOODS HELD FOR SALE OR AUCTION (Tables)	12 Months Ended
GOODS HELD FOR SALE OR AUCTION (Tables)	Dec. 31, 2014
Goods Held For Sale Or Auction Tables
Disclosure of Long Lived Assets Held-for-sale [Table Text Block]	Goods held for sale or auction consists of the following:

		December 31,
		2014		2013

	Machinery and equipment	$	4,026	$	13,464
	Aircraft parts and other		91		500
	Total	$	4,117	$	13,964

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
PROPERTY AND EQUIPMENT (Tables)	Dec. 31, 2014
Property And Equipment Tables
Schedule of Property and equipment [Table Text Block]	Property and equipment consists of the following:

		Estimated	December 31,
		Useful Lives	2014			2013

	Leasehold improvements	Shorter of lease or estimated useful life	$	244		$	296

	Machinery, equipment and computer software	3 years		2,280			2,179

	Furniture and fixtures	5 years		1,151			1,176

	Capital lease equipment	3 to 5 years		388			388
	Total			4,063			4,039

	Less: Accumulated depreciation and amortization			(3,287	)		(2,949	)
			$	776		$	1,090

LEASING_ARRANGEMENTS_Tables

LEASING ARRANGEMENTS (Tables)	12 Months Ended
LEASING ARRANGEMENTS (Tables)	Dec. 31, 2014
Leasing Arrangements Tables
Schedule Of Future Minimum Lease Payments For Leases [Table Text Block]	Future minimum lease payments under noncancellable operating leases (with initial or remaining lease terms in excess of one year) and future minimum capital lease payments as of December 31, 2014 are:

		Operating
		Leases

	Year Ending December 31:
	2015	$	2,549
	2016		2,294
	2017		1,643
	2018		1,316
	2019		439
	Total minimum lease payments	$	8,241

LONGTERM_DEBT_Tables

LONG-TERM DEBT (Tables)	12 Months Ended
LONG-TERM DEBT (Tables)	Dec. 31, 2014
Long-term Debt Tables
Schedule Of Long Term Debt [Table Text Block]	Long-term debt consists of the following arrangements:

		December 31,
		2014		2013
	$60,000 notes payable to each of the Great American Members and the Phantom Equityholders of GAG, LLC issued in connection with the Acquisition dated July 31, 2009	$	-	$	50,483
	Total long-term debt		-		50,483
	Less: Current portion of long-term debt		-		1,724
	Long-term debt, net of current portion	$	-	$	48,759

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
INCOME TAXES (Tables)	Dec. 31, 2014
Income Taxes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	The Company’s provision (benefit) for income taxes consists of the following for the years ended December 31, 2014, 2013 and 2012:

		Year Ended December 31,
		2014			2013			2012
	Current:
	Federal	$	-		$	-		$	204
	State		98			2			24
	Foreign		-			(287	)		342
	Total current provision		98			(285	)		570
	Deferred:
	Federal		(2,503	)		791			1,419
	State		(481	)		198			289
	Foreign		-			-			(342	)
	Total deferred		(2,984	)		989			1,366
	Total provision for income taxes	$	(2,886	)	$	704		$	1,936
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	A reconciliation of the federal statutory rate of 34% to the effective tax rate for income (loss) from continuing operations before income taxes is as follows for the years ended December 31, 2014, 2013 and 2012:

		Year Ended December 31,
		2014			2013			2012
	Provision for income taxes at federal statutory rate		(34.0	)%		34	%		34	%
	State income taxes, net of federal benefit		(3.7	)		8.7			3.3
	Foreign tax on gain on bargain purchase		-			-			(7.4	)
	Foreign tax differential		-			9			-
	Other		4.5			3.3			0.9
	Effective income tax rate		(33.2	)%		55	%		30.8	%
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred income tax assets (liabilities) consisted of the following as of December 31, 2014 and 2013:

		December 31,
		2014			2013
	Deferred tax assets:
	Allowance for doubtful accounts	$	282		$	128
	Goods held for sale or auction		2,819			530
	Deductible goodwill and other intangibles		9,988			520
	Accrued liabilities and other		3,210			1,128
	Mandatorily redeemable noncontrolling interests		740			671
	Note payable to Phantom Equityholders		-			376
	Foreign tax and other tax credit carryforwards		342			591
	Net operating loss carryforward		8,220			8,665
	Total gross deferred tax assets	$	25,601		$	12,609

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	12 Months Ended
EARNINGS PER SHARE (Tables)	Dec. 31, 2014
Earnings Per Share Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Basic and diluted earnings from continuing operations calculated as follows (in thousands, except per share amounts):

		Year Ended December 31,
		2014			2013		2012

	Net (loss) income attributable to B. Riley Financial, Inc.	$	(5,801	)	$	1,058	$	3,521

	Weighted average shares outstanding:
	Basic		9,612,154			1,434,107		1,434,107
	Effect of dilutive potential common shares:
	Contingently issuable shares		-			61,221		46,564
	Diluted		9,612,154			1,495,328		1,480,671

	Basic earnings per share	$	(0.60	)	$	0.74	$	2.46
	Diluted earnings per share	$	(0.60	)	$	0.71	$	2.38

BUSINESS_SEGMENTS_Tables

BUSINESS SEGMENTS (Tables)	12 Months Ended
BUSINESS SEGMENTS (Tables)	Dec. 31, 2014
Business Segments Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following is a summary of certain financial data for each of the Company’s reportable segments:

		Year Ended December 31,
		2014					2013							2012
	Auction and Liquidation reportable segment:
	Revenues - Services and fees	$	17,166				$	32,409						$	40,132
	Revenues - Sale of goods		9,859					9,963							8,106
	Total revenues		27,025					42,372							48,238
	Direct cost of services		(10,719	)				(11,120			)				(12,327	)
	Cost of goods sold		(14,080	)				(7,940			)				(7,275	)
	Selling, general, and administrative expenses		(8,481	)				(11,889			)				(17,064	)
	Restructuring charge		(1,339	)				-							-
	Depreciation and amortization		(107	)				(176			)				(193	)
	Segment income		(7,701	)				11,247							11,379
	Valuation and Appraisal reportable segment:
	Revenues - Services and fees		30,671					27,558							25,492
	Direct cost of services		(12,747	)				(13,026			)				(11,584	)
	Selling, general, and administrative expenses		(10,721	)				(8,718			)				(6,974	)
	Restructuring charge		(203	)				-							-
	Depreciation and amortization		(151	)				(143			)				(121	)
	Segment income		6,849					5,671							6,813
	Capital markets reportable segment:
	Revenues - Services and fees		19,420					-							-
	Selling, general, and administrative expenses		(14,185	)				-							-
	Depreciation and amortization		(193	)				-							-
	Segment income		5,042					-							-
	UK Retail Stores reportable segment:
	Revenues - Sale of goods		-					6,202							10,206
	Cost of goods sold		-					(3,566			)				(5,475	)
	Selling, general, and administrative expenses		-					(3,773			)				(4,462	)
	Depreciation and amortization		-					(45			)				(18	)
	Segment income		-					(1,182			)				251
	Consolidated operating income from reportable segments		4,190					15,736							18,443
	Corporate and other expenses (includes restructuring charge of $1,006 for the year ended December 31, 2014)		(11,621	)				(11,638			)				(11,002	)
	Interest income		12					26							201
	Loss from equity investment in Great American Real Estate, LLC and Shoon Trading Limited		-					(177			)				(120	)
	Gain from bargain purchase		-					-							1,366
	Interest expense		(1,262	)				(2,667			)				(2,612	)
	(Loss) income before income taxes		(8,681	)				1,280							6,276
	Benefit (provision) for income taxes		2,886					(704			)				(1,936	)
	Net (loss) income		(5,795	)				576							4,340
	Net income (loss) attributable to noncontrolling interests		6					(482			)				819
	Net (loss) income attributable to B. Riley Financial, Inc.	$	(5,801	)			$	1,058						$	3,521

	Capital expenditures:
	Auction and Liquidation segment	$	38				$	423						$	394
	Valuation and Appraisal segment		1					418							134
	Capital Markets segment		104					-							-
	UK Retail Stores segment		-					319							106
	Total	$	143				$	1,160						$	634
					As of December 31,
					2014							2013
	Total Assets:
	Auction and Liquidation segment				$		41,360					$	24,222
	Valuation and Appraisal segment						9,527						8,611
	Capital Markets segment						48,878						-
	Corporate and Other segment						39,225						40,844
	Total				$		138,990					$	73,677

Schedule of Segment Reporting Information, revenues by geographical area [Table Text Block]	The following table presents revenues by geographical area:

		Year Ended December 31,
		2014			2013				2012
	Revenues:
	Revenues - Services and fees:
	United States	$	63,417		$	50,624			$	42,564
	Europe		3,840			9,343				23,060
	Total Revenues - Services and fees	$	67,257		$	59,967			$	65,624

	Revenues - Sale of goods
	United States	$	9,859		$	9,532			$	7,842
	Europe		-			6,633				10,470
	Total Revenues - Sale of goods	$	9,859		$	16,165			$	18,312

	Total Revenues:
	United States	$	73,276		$	60,156			$	50,406
	Europe		3,840			15,976				33,530
	Total Revenues - Services and fees	$	77,116		$	76,132			$	83,936
Schedule of Segment Reporting Information, long-lived assets and identifiable assets by geographical area [Table Text Block]	The following table presents long-lived assets and identifiable assets by geographical area:

		As of			As of
		December 31,			December 31,
		2014			2013
	Long-lived Assets - Property and Equipment, net:
	United States	$	776		$	990
	Europe		-			100
	Total Long-lived Assets	$	776		$	1,090

	Identifiable Assets:
	United States	$	137,216		$	68,405
	Europe		1,774			5,272
	Total Long-lived Assets	$	138,990		$	73,677

SELECTED_QUARTERLY_FINANCIAL_D1

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	Dec. 31, 2014
Selected Quarterly Financial Data Tables
Schedule of Selected quarterly financial data [Table Text Block]		Quarter Ended
		March 31,			June 30,			September 30,			December 31,
		2014			2014			2014			2014

	Total revenues	$	21,653		$	14,947		$	20,674		$	19,842
	Operating loss	$	(1,258	)	$	(1,056	)	$	(1,253	)	$	(3,664	)
	Loss before income taxes	$	(1,884	)	$	(1,501	)	$	(1,303	)	$	(3,993	)
	Benefit for income taxes	$	814		$	594		$	387		$	1,091
	Net loss	$	(1,070	)	$	(907	)	$	(916	)	$	(2,902	)
	Net loss attributable to B. Riley Financial, Inc.	$	(1,334	)	$	(777	)	$	(868	)	$	(2,822	)

	Earnings (loss) per share:
	Basic	$	(0.93	)	$	(0.16	)	$	(0.05	)	$	(0.18	)
	Diluted	$	(0.93	)	$	(0.16	)	$	(0.05	)	$	(0.18	)

	Weighted average shares outstanding:
	Basic		1,434,107			4,972,203			15,911,482			15,902,607
	Diluted		1,434,107			4,972,203			15,911,482			15,902,607

		Quarter Ended
		March 31,			June 30,			September 30,			December 31,
		2013			2013			2013			2013

	Total revenues	$	20,954		$	15,239		$	21,751		$	18,188
	Operating income (loss)	$	2,345		$	(1,935	)	$	782		$	2,906
	Income (loss) before income taxes	$	1,713		$	(2,582	)	$	103		$	2,046
	(Provision) benefit for income taxes	$	(778	)	$	987		$	133		$	(1,046	)
	Net income (loss)	$	935		$	(1,595	)	$	236		$	1,000
	Net loss attributable to B. Riley Financial, Inc.	$	1,289		$	(1,531	)	$	366		$	934

	Earnings (loss) per share:
	Basic	$	0.9		$	(1.07	)	$	0.26		$	0.65
	Diluted	$	0.87		$	(1.07	)	$	0.24		$	0.62

	Weighted average shares outstanding:
	Basic		1,434,107			1,434,107			1,434,107			1,434,107
	Diluted		1,482,780			1,434,107			1,494,528			1,495,328

ORGANIZATION_BUSINESS_OPERATIO1

ORGANIZATION, BUSINESS OPERATIONS AND SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	12 Months Ended			1 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jul. 31, 2009	Mar. 31, 2014
Business Acquisition [Line Items]
Stockholders' Equity, Reverse Stock Split	1 for 20 reverse split of its common stock
Common Stock Shares Outstanding	15,977,482	1,500,107			30,002,975
Repayments of Long-term Debt	$31,724	$1,724	$1,724
Interest Paid, Total	1,389
Gains (Losses) on Extinguishment of Debt	18,759
Notes Payable, Total	6,570	48,759
Common Stock [Member]
Business Acquisition [Line Items]
Stock Issued During Period, Shares, New Issues	10,289,300
Sale of Stock, Price Per Share	$5
Gross Proceeds from Issuance of Private Placement	51,233
Proceeds from Issuance of Private Placement	30,180
Subordinated Unsecured Promissory Notes Payable [Member]
Business Acquisition [Line Items]
Debt Instrument, Face Amount				60,000
Subordinated Unsecured Promissory Notes Payable [Member] \| Andrew Gumaer and Harvey Yellen [Member]
Business Acquisition [Line Items]
Repayments of Long-term Debt	30,000
Interest Paid, Total	180
Gains (Losses) on Extinguishment of Debt	18,759
Notes Payable, Total	$48,759	$48,759
Great American Global Partners [Member]
Business Acquisition [Line Items]
Business Acquisition, Equity Interest Issued Or Issuable, Number Of Shares				528,000

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	Dec. 15, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 15, 2014	Dec. 31, 2013
Accounting Policies [Abstract]
Minimum lease payment receivable		$4,367
Lease purchase option	4,242	4,242
Unearned income		-510
Total lease finance receivable		$8,099

SUMMARY_OF_SIGNIFICANT_ACCOUNT4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]
Securities Owned	$17,955	$0
Securities Sold Not Yet Purchased	746	0
Common Stock [Member]
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]
Securities Owned	16,667
Corporate bonds [Member]
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]
Securities Owned	1,188
Partnership interests [Member]
Security Owned and Sold, Not yet Purchased, at Fair Value [Line Items]
Securities Owned	$100

SUMMARY_OF_SIGNIFICANT_ACCOUNT5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Securities owned
Total assets measured at fair value	$17,955	$0
Securities sold not yet purchased
Securities sold not yet purchased	746	0
Mandatorily redeemable noncontrolling interests issued after November 5, 2003	2,285	2,273
Total liabilities measured at fair value	3,031	2,273
Fair Value, Inputs, Level 1 [Member]
Securities owned
Total assets measured at fair value	16,348
Securities sold not yet purchased
Securities sold not yet purchased	0
Mandatorily redeemable noncontrolling interests issued after November 5, 2003	0	0
Total liabilities measured at fair value	0	0
Fair Value, Inputs, Level 2 [Member]
Securities owned
Total assets measured at fair value	1,288
Securities sold not yet purchased
Securities sold not yet purchased	746
Mandatorily redeemable noncontrolling interests issued after November 5, 2003	0	0
Total liabilities measured at fair value	746	0
Fair Value, Inputs, Level 3 [Member]
Securities owned
Total assets measured at fair value	319
Securities sold not yet purchased
Securities sold not yet purchased	0
Mandatorily redeemable noncontrolling interests issued after November 5, 2003	2,285	2,273
Total liabilities measured at fair value	2,285	2,273
Common Stock [Member]
Securities owned
Total assets measured at fair value	16,667
Common Stock [Member] \| Fair Value, Inputs, Level 1 [Member]
Securities owned
Total assets measured at fair value	16,348
Common Stock [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities owned
Total assets measured at fair value	0
Common Stock [Member] \| Fair Value, Inputs, Level 3 [Member]
Securities owned
Total assets measured at fair value	319
Corporate bonds [Member]
Securities owned
Total assets measured at fair value	1,188
Corporate bonds [Member] \| Fair Value, Inputs, Level 1 [Member]
Securities owned
Total assets measured at fair value	0
Corporate bonds [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities owned
Total assets measured at fair value	1,188
Corporate bonds [Member] \| Fair Value, Inputs, Level 3 [Member]
Securities owned
Total assets measured at fair value	0
Partnership interests [Member]
Securities owned
Total assets measured at fair value	100
Partnership interests [Member] \| Fair Value, Inputs, Level 1 [Member]
Securities owned
Total assets measured at fair value	0
Partnership interests [Member] \| Fair Value, Inputs, Level 2 [Member]
Securities owned
Total assets measured at fair value	100
Partnership interests [Member] \| Fair Value, Inputs, Level 3 [Member]
Securities owned
Total assets measured at fair value	$0

SUMMARY_OF_SIGNIFICANT_ACCOUNT6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (Fair Value, Inputs, Level 3 [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Mandatorily redeemable noncontrolling interests issued after November 5, 2003 [Member]
Balance at Beginning of Period	$2,273	$2,246
Fair Value Adjustments	0	0
Relating to Undistributed Earnings	103	27
Purchases, Sales and Settlements	-91	0
Transfer in and/or out of Level 3	0	0
Balance at End of Period	2,285	2,273
Common Stock [Member]
Balance at Beginning of Period	0
Fair Value Adjustments	0
Relating to Undistributed Earnings	0
Purchases, Sales and Settlements	319
Transfer in and/or out of Level 3	0
Balance at End of Period	$319

SUMMARY_OF_SIGNIFICANT_ACCOUNT7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 15, 2014
Summary Of Significant Accounting Policies [Line Items]
Notes Payable	$6,856								$6,856
Cost of Reimbursable Expense									3,013	2,811	2,704
Accrued estimated losses									6,100
Advertising Expense									262	446	698
Allowance for Loan and Lease Loss, Recovery of Bad Debts									532	18	108
Lease Purchase Option					4,242					4,242		4,242
Impairment charge												1,142
Estimated fair value												3,100
Lease payments									2,363
Settlements related to the repurchase of noncontrolling interests									91
Common stock repurchase, value									316
Gains (Losses) on Extinguishment of Debt									18,759
Repayments of Long-term Debt									31,724	1,724	1,724
Notes Payable, Total	6,570				48,759				6,570	48,759
Foreign Currency Transaction Gain (Loss), before Tax									137	257	892
Line of Credit Facility, Maximum Borrowing Capacity	2,385				100,000				2,385	100,000
Cost of Goods Sold, Total									14,080	11,506	12,750
Total revenues	19,842	20,674	14,947	21,653	18,188	21,751	15,239	20,954	77,116	76,132	83,936
Related note payable outstanding principal amount	6,570								6,570
Subordinated Unsecured Promissory Notes Payable [Member] \| Andrew Gumaer and Harvey Yellen [Member]
Summary Of Significant Accounting Policies [Line Items]
Gains (Losses) on Extinguishment of Debt									18,759
Repayments of Long-term Debt									30,000
Notes Payable, Total	48,759				48,759				48,759	48,759
Letter Of Credit [Member]
Summary Of Significant Accounting Policies [Line Items]
Cash Collected From Leasing	75								75
Restricted Cash and Cash Equivalents	7,532								7,532
Special reserve bank account [Member]
Summary Of Significant Accounting Policies [Line Items]
Cash Collected From Leasing	50								50
Electronic payment processing [Member]
Summary Of Significant Accounting Policies [Line Items]
Restricted Cash and Cash Equivalents					165					165
Collaborative Arrangement [Member]
Summary Of Significant Accounting Policies [Line Items]
Total revenues										8,094	4,238
Cost of Revenue, Total										1,073	3,331
Oil Rigs [Member]
Summary Of Significant Accounting Policies [Line Items]
Cash Collected From Leasing					160					160
Oil and Gas Revenue, Total										9,280
Cost of Goods Sold, Total										7,447
Liquidation Service Contract [Member] \| Sales Revenue, Segment [Member]
Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage											14.40%
Sales Revenue, Segment [Member] \| Oil Rigs [Member]
Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage										10.70%	12.20%
Operating Segments [Member]
Summary Of Significant Accounting Policies [Line Items]
Cost of Reimbursable Expense									$6,950	$5,620	$5,295
Great American Real Estate [Member]
Summary Of Significant Accounting Policies [Line Items]
Equity Method Investment, Ownership Percentage	50.00%								50.00%
Great American Global Partners [Member]
Summary Of Significant Accounting Policies [Line Items]
Equity Method Investment, Ownership Percentage	50.00%								50.00%

ACQUISITIONS_Details

ACQUISITIONS (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jun. 18, 2014
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jun. 18, 2014
Tangible assets acquired and assumed:
Deferred tax liability			$408
Goodwill	27,557	5,688
B. Riley and Co. Inc. [Member]
Tangible assets acquired and assumed:
Cash and cash equivalents				2,667
Restricted cash				50
Securities owned				1,978
Accounts receivable				1,845
Prepaid expenses and other assets				302
Property and equipment				76
Accounts payable and accrued liabilities				-3,194
Securities sold, not yet purchased				-922
Deferred tax liability				-1,120
Customer relationships				1,200
Tradename				1,600
Goodwill				21,869
Total				$26,351

ACQUISITIONS_Details_1

ACQUISITIONS (Details 1) (USD $)	3 Months Ended								12 Months Ended			6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014
Business Acquisition [Line Items]
Revenues	$19,842	$20,674	$14,947	$21,653	$18,188	$21,751	$15,239	$20,954	$77,116	$76,132	$83,936
Income before income taxes									-8,681	1,280	6,276
B. Riley and Co. Inc. [Member]
Business Acquisition [Line Items]
Revenues												19,420
Income before income taxes												$5,124

ACQUISITIONS_Details_2

ACQUISITIONS (Details 2) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Revenue	$91,656	$102,965
Net (loss) income attributable to B. Riley Financial, Inc.	($3,938)	$4,594
Basic (loss) income per share	($0.34)	$0.82
Diluted (loss) income per share	($0.34)	$0.81
Weighted average basic shares outstanding	11,533,178	5,613,307
Weighted average diluted shares outstanding	11,533,178	5,674,528

ACQUISITIONS_Details_3

ACQUISITIONS (Details 3) (USD $)	3 Months Ended								12 Months Ended			5 Months Ended	7 Months Ended	8 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Jul. 31, 2013	Dec. 31, 2012
Total revenues									$91,656	$102,965
Cost of goods sold									14,080	11,506	12,750
Loss before income taxes	-3,993	-1,303	-1,501	-1,884	2,046	103	-2,582	1,713	-5,801	1,058	3,521
Net loss	-2,822	-868	-777	-1,334	934	366	-1,531	1,289	-5,801	1,058	3,521
GAG, Inc equity share of net loss									0	-21	-120
Current assets	87,945				56,692				87,945	56,692		56,692
Total assets	138,990				73,677				138,990	73,677		73,677
Current liabilities	41,911				29,069				41,911	29,069		29,069
Net assets	41,911				77,828				41,911	77,828		77,828
Shoon Trading Limited [Member]
Total revenues												6,294
Cost of goods sold												3,375	-3,566	-5,475
Loss before income taxes												-160
Income tax benefit												58
Net loss												-102	-425	546
GAG, Inc equity share of net loss												-45
Current assets					3,865					3,865		3,865
Non-current asstes					397					397		397
Total assets					4,262					4,262		4,262
Current liabilities					3,338					3,338		3,338
Non-current liabilities					497					497		497
Net assets					$427					$427		$427

ACQUISITIONS_Details_4

ACQUISITIONS (Details 4) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Acquisitions Details 4
Fixed assets			$78
Retail inventory			3,752
Accounts payable and accrued liabilities			-810
Deferred tax liability			-408
Fair value of net assets acquired			2,612
Total cash consideration	0	0	-1,246
Gain on bargain purchase	$0	$0	$1,366

ACQUISITIONS_Details_5

ACQUISITIONS (Details 5) (USD $)	3 Months Ended								12 Months Ended			5 Months Ended	7 Months Ended	8 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Jul. 31, 2013	Dec. 31, 2012
Revenues:
Revenues - Sale of goods									$9,859	$16,165	$18,312
Cost of goods sold									14,080	11,506	12,750
Selling, general and administrative expenses									44,453	36,382	39,834
Operating (loss) income	-3,669	-1,253	-1,056	-1,258	2,906	782	-1,935	2,345	-7,431	4,098	7,441
Gain on bargain purchase									0	0	1,366
(Loss) income before income taxes									-8,681	1,280	6,276
Net (loss) income attributable to noncontrolling interest									6	-482	819
Net (loss) income attributable to B. Riley Financial, Inc.	-2,822	-868	-777	-1,334	934	366	-1,531	1,289	-5,801	1,058	3,521
Shoon Trading Limited [Member]
Revenues:
Revenues - Sale of goods													6,202	10,206
Cost of goods sold												3,375	-3,566	-5,475
Selling, general and administrative expenses													-3,818	-4,480
Operating (loss) income													-1,182	251
Other expenses													-94	-251
Gain on bargain purchase														1,366
(Loss) income before income taxes													-1,276	1,366
Benefit (provision) for income taxes													319	-1
Net (loss) income													-957	1,365
Net (loss) income attributable to noncontrolling interest													-532	819
Net (loss) income attributable to B. Riley Financial, Inc.												($102)	($425)	$546

ACQUISITIONS_Details_Textual

ACQUISITIONS (Details Textual) (USD $)	3 Months Ended								12 Months Ended			1 Months Ended			3 Months Ended	5 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jun. 18, 2014	Aug. 31, 2013	31-May-13	Jun. 30, 2012	Dec. 31, 2013	Dec. 15, 2014	Aug. 02, 2013	4-May-12
Business Acquisition [Line Items]
Stockholders' Equity, Reverse Stock Split									1 for 20 reverse split of its common stock
Common Stock Shares Outstanding	15,968,607				1,500,107				15,968,607	1,500,107						1,500,107
Impairment charge																	$1,142
Net (loss) income	-2,902	-916	-907	-1,070	1,000	236	-1,595	935	-5,795	576	4,340
Fair value of assets acquired											2,612
B. Riley and Co. Inc. [Member]
Business Acquisition [Line Items]
Stock Issued During Period, Shares, Acquisitions												4,182,637
Business Combination, Acquisition Related Costs									997
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net												26,351
2012 Acquisition of Shoon Trading Limited [Member]
Business Acquisition [Line Items]
Investment in shoon limited																			65
Investment in shoon limited, percentage																			44.40%
Loaned to shoon limited																		847	1,300
Interest rate on loan																		6.50%	6.00%
Maturity date of loan													3-Aug-15	3-May-14
Outstanding principal																		1,371
Note receivable related party current portion					703					703			497			703
Repayment of loan										1,200
Impairment charge					111					111						111
Net (loss) income										1,200
Equity investment loss										22						156
Fair value of assets acquired															1,366
Loan discount amount																		40
Common Stock [Member]
Business Acquisition [Line Items]
Stock Issued During Period, Shares, New Issues									10,289,300
Sale of Stock, Price Per Share	$5								$5
Gross Proceeds from Issuance of Private Placement									51,233
Proceeds from Issuance of Private Placement									30,180
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable, Discount Rate									25.00%
Goodwill, Acquired During Period									$21,869

RESTRUCTURING_CHARGE_Details

RESTRUCTURING CHARGE (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Expensed during 2014:
Payroll and severance costs	$1,595	$1,595
Office closure	686	686
Other charges	267	267
Total expended during the 2014	2,548	2,548	0	0
Paid during 2014		2,058
Accrued balance at December 31, 2014		490
Auction and Liquidation Segment [Member]
Expensed during 2014:
Payroll and severance costs		951
Office closure		295
Other charges		93
Total expended during the 2014		1,339
Paid during 2014		1,208
Accrued balance at December 31, 2014		131
Valuation and Appraisal Segment [Member]
Expensed during 2014:
Payroll and severance costs		131
Office closure		8
Other charges		64
Total expended during the 2014		203
Paid during 2014		203
Accrued balance at December 31, 2014		0
Corporate and Other Expenses [Member]
Expensed during 2014:
Payroll and severance costs		513
Office closure		383
Other charges		110
Total expended during the 2014		1,006
Paid during 2014		647
Accrued balance at December 31, 2014		$359

RESTRUCTURING_CHARGE_Details_T

RESTRUCTURING CHARGE (Details Textual) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Restructuring and Related Activities [Abstract]
Restructuring charge	$2,548	$2,548	$0	$0
Payroll and severance costs	1,595	1,595
Office closure costs	686	686
Other expenses	$267	$267

ACCOUNTS_RECEIVABLE_Details

ACCOUNTS RECEIVABLE (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Receivables [Abstract]
Accounts receivable	$7,797	$8,402
Investment banking fees, commissions and other receivables	1,608	0
Unbilled receivables	1,421	731
Total accounts receivable	10,826	9,133
Allowance for doubtful accounts	-728	-275
Accounts receivable, net	$10,098	$8,858

ACCOUNTS_RECEIVABLE_Details_1

ACCOUNTS RECEIVABLE (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Receivables [Abstract]
Balance, beginning of year	$275	$371	$424
Add: Additions to reserve	532	-12	108
Less: Write-offs	-79	-84	-12
Less: Recoveries	0	-30	-149
Balance, end of year	$728	$275	$371

ACCOUNTS_RECEIVABLE_Details_Te

ACCOUNTS RECEIVABLE (Details Textual) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Receivables [Abstract]
Trade Receivables Held-For-Sale, Amount	$2,385	$1,284

GOODS_HELD_FOR_SALE_OR_AUCTION2

GOODS HELD FOR SALE OR AUCTION (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Inventory Disclosure [Abstract]
Machinery and equipment	$4,026	$13,464
Aircraft parts and other	91	500
Total	$4,117	$13,964

GOODS_HELD_FOR_SALE_OR_AUCTION3

GOODS HELD FOR SALE OR AUCTION (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 15, 2014
Long Lived Assets Held-for-sale [Line Items]
Assets Held-For-Sale, Property, Plant and Equipment	$4,026	$13,464
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	162
Assets Held For Sale Market Adjustment	1,297	897
Assets Held-For-Sale, Other, Noncurrent	91	500
Assets Held For Sale Market Adjustment Amount Recognized	4,673	405	194
Deferred Revenue	1,076
Cost of Goods Sold, Total	14,080	11,506	12,750
Notes Payable, Current, Total	6,570	6,856
Estimated fair value				3,100
Leased equipment with a carrying value	4,026
Oil Rigs [Member]
Long Lived Assets Held-for-sale [Line Items]
Assets Held-For-Sale, Property, Plant and Equipment		2,708
Assets Held-For-Sale, Capital Leased Assets, Net			9,219
Assets Held For Sale Market Adjustment	1,782
Property, Plant and Equipment, Useful Life			15 years
Oil and Gas Revenue, Total		9,280
Cost of Goods Sold, Total		7,447
Assets Held under Capital Leases [Member]
Long Lived Assets Held-for-sale [Line Items]
Depreciation, Total		1,252	209
Machinery Equipment and Computer Software [Member]
Long Lived Assets Held-for-sale [Line Items]
Assets Held-For-Sale, Property, Plant and Equipment	4,026
Machinery and Equipment [Member]
Long Lived Assets Held-for-sale [Line Items]
Assets Held-For-Sale, Property, Plant and Equipment		10,756
Air Craft Parts [Member]
Long Lived Assets Held-for-sale [Line Items]
Assets Held-For-Sale, Other, Noncurrent	$91	$500

PROPERTY_AND_EQUIPMENT_Details

PROPERTY AND EQUIPMENT (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$4,063	$4,039
Less: Accumulated depreciation and amortization	-3,287	-2,949
Property, Plant and Equipment, Net	776	1,090
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	244	296
Estimated Useful Lives	Shorter of lease or estimated useful life
Machinery Equipment and Computer Software [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	2,280	2,179
Estimated Useful Lives	3 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	1,151	1,176
Estimated Useful Lives	3 years
Capital Lease Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$388	$388
Capital Lease Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Capital Lease Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years

PROPERTY_AND_EQUIPMENT_Details1

PROPERTY AND EQUIPMENT (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Property, Plant and Equipment [Abstract]
Depreciation, Depletion and Amortization, Total	$646	$611	$626

GOODWILL_AND_OTHER_INTANGIBLE_1

GOODWILL AND OTHER INTANGIBLE ASSETS (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Intangible Assets and Goodwill [Line Items]
Goodwill	$27,557	$5,688
Amortization Of Intangible Assets	141
BRC [Member]
Intangible Assets and Goodwill [Line Items]
Goodwill	21,869
Other intangible assets increased	2,799	140
Customer Relationships [Member]
Intangible Assets and Goodwill [Line Items]
Finite-Lived Intangible Assets, Gross	1,200
Customer Relationships [Member] \| Maximum [Member]
Intangible Assets and Goodwill [Line Items]
Finite-Lived Intangible Asset, Useful Life	8 years
Customer Relationships [Member] \| Minimum [Member]
Intangible Assets and Goodwill [Line Items]
Finite-Lived Intangible Asset, Useful Life	4 years
Valuation and Appraisal Reportable Segment [Member]
Intangible Assets and Goodwill [Line Items]
Goodwill		3,713
Auction and Liquidation Reportable Segment [Member]
Intangible Assets and Goodwill [Line Items]
Goodwill		1,975
Trademarks [Member]
Intangible Assets and Goodwill [Line Items]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	141		1,600
Other intangible assets	$1,740

LEASING_ARRANGEMENTS_Details

LEASING ARRANGEMENTS (Details) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified	Dec. 31, 2014
Operating Leases Year Ending December 31:
2015	$2,549
2016	2,294
2017	1,643
2018	1,316
2019	439
Total minimum lease payments	$8,241

LEASING_ARRANGEMENTS_Details_T

LEASING ARRANGEMENTS (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Leases [Abstract]
Capital Leases, Income Statement, Amortization Expense		$10	$23
Operating Leases, Rent Expense, Net	2,107	1,717	1,641
Machinery and equipment	388	388
Accumulated amortization	$388	$388

CREDIT_FACILITIES_Details_Text

CREDIT FACILITIES (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Mar. 19, 2014	Jul. 15, 2013
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$2,385	$100,000
Line of Credit Facility, Expiration Date		15-Jul-18
Line of Credit Facility, Interest Rate Description		The interest rate for each revolving credit advance under the Credit Agreement is, subject to certain terms and conditions, equal to the LIBOR plus a margin of 2.25% to 3.25% (3.165% at December 31, 2013) depending on the type of advance and the percentage such advance represents of the related transaction for which such advance is provided.
Interest Expense, Debt		325
Line Of Credit Maturity Date Amended			3-Feb-15
Long-term Line of Credit	8,553	333
Success fees	162	292	292
Interest expense including success fees	400	532	532
Outstanding amount	18,506	5,710
Minimum [Member]
Line of Credit Facility [Line Items]
Line Of Credit Facility Borrowing Capacity Percentage	5.00%
Maximum [Member]
Line of Credit Facility [Line Items]
Line Of Credit Facility Borrowing Capacity Percentage	20.00%
Accounts Receivable Line Of Credit [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Interest Rate Description	prime rate plus 2% (6% at December 31, 2014), payable monthly in arrears.
Interest Expense, Debt	46	90	112
Line Of Credit Facility Borrowing Capacity Percentage			85.00%
Line Of Credit Facility Maximum Borrowing Capacity Before Amended			2,000
Line Of Credit Facility Maximum Borrowing Capacity Amended			3,000
UK Credit Agreement [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$50,000	$100,000

LONGTERM_DEBT_Details

LONG-TERM DEBT (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Debt Disclosure [Abstract]
$60,000 notes payable to each of the Great American Members and the Phantom Equityholders of GAG, LLC issued in connection with the Acquisition dated July 31, 2009	$0	$50,483
Total long-term debt	0	50,483
Less: Current portion of long-term debt	0	1,724
Long-term debt, net of current portion	$0	$48,759

LONGTERM_DEBT_Details_Textual

LONG-TERM DEBT (Details Textual) (USD $)	12 Months Ended			1 Months Ended		12 Months Ended	1 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	29-May-08	28-May-08	Dec. 31, 2010	Jul. 31, 2014	Jul. 31, 2009	Jan. 31, 2014
Debt Instrument [Line Items]
Notes Payable, Total	$6,570	$48,759
Interest Paid, Total	1,501	1,724	2,616
Gains (Losses) on Extinguishment of Debt	18,759
Interest Expense, Debt		325
Notes Payable, Related Parties	0	50,483
Common Stock [Member]
Debt Instrument [Line Items]
Proceeds from Issuance of Private Placement	30,180
Notes Payable [Member]
Debt Instrument [Line Items]
Debt Instrument, Maturity Date				29-May-09
Debt Instrument, Interest Rate, Stated Percentage				20.00%
Notes Payable [Member] \| Great American Group Energy Equipment, LLC [Member]
Debt Instrument [Line Items]
Debt Instrument, Maturity Date					28-Sep-09
Subordinated Unsecured Promissory Notes Payable [Member]
Debt Instrument [Line Items]
Debt Instrument, Maturity Date						31-Jul-18
Debt Instrument, Interest Rate, Stated Percentage						12.00%
Interest Expense, Debt	812	2,014	2,132
Subordinated Unsecured Promissory Notes Payable [Member] \| Phantom Equityholders [Member]
Debt Instrument [Line Items]
Repayments of Debt							1,085
Notes Payable, Total	1,724
Debt Instrument, Maturity Date	31-Jul-14
Subordinated Unsecured Promissory Notes Payable [Member] \| Andrew Gumaer and Harvey Yellen [Member]
Debt Instrument [Line Items]
Repayments of Debt	30,000
Notes Payable, Total	48,759	48,759
Interest Paid, Total	180
Gains (Losses) on Extinguishment of Debt	18,759
Subordinated Unsecured Promissory Notes Payable-12.0 [Member]
Debt Instrument [Line Items]
Notes Payable, Total	640								640
Debt Instrument, Interest Rate, Stated Percentage	12.00%								12.00%
Subordinated Unsecured Promissory Notes Payable-3.75 [Member]
Debt Instrument [Line Items]
Notes Payable, Total	49,823
Debt Instrument, Interest Rate, Stated Percentage	3.75%
Great American [Member]
Debt Instrument [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares								528,000
Business Combination, Consideration Transferred, Liabilities Incurred								60,000
Repayments of Debt								4,383
Notes Payable, Total								$55,617

NOTES_PAYABLE_Details_Textual

NOTES PAYABLE (Details Textual) (USD $)	12 Months Ended			1 Months Ended	12 Months Ended	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	29-May-08	Dec. 31, 2011	Mar. 31, 2011	Dec. 31, 2010	Dec. 31, 2009	Jul. 31, 2012	Jul. 31, 2009	Oct. 09, 2009
Debt Instrument [Line Items]
Payments Under Guarantee Obligations		$1,200
Interest Expense, Total	1,262	2,667	2,612
Notes Payable, Total	6,570	48,759
Prepaid and other current assets	2,531
Total assets	138,990	73,677
Total liabilities	41,911	77,828
GAGEE [Member]
Debt Instrument [Line Items]
Notes Payable, Total	6,570
Total assets	6,557
Total liabilities	6,570
Other receivables	2,531
Goods held for sale	4,026
Machinery and Equipment [Member]
Debt Instrument [Line Items]
Oil Rigs Net Carrying Value	4,026
Notes Payable [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross				12,000
Debt Instrument, Interest Rate, Stated Percentage				20.00%
Guarantor Obligations, Maximum Exposure, Undiscounted				1,200
Debt Instrument, Maturity Date				29-May-09
Debt Instrument Maturity Date Amended				26-Sep-09
Debt Instrument Interest Rate Stated Percentage Amended		0.00%			0.00%
Second Amendment Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage						0.00%
Debt Default Long Term Debt Percentage							22.00%
Interest Payable							309
Reversal Of Accrued Interest						309
Finance Insurance Premiums [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage			6.60%
Debt Instrument, Maturity Date			30-May-13
Debt Instrument, Face Amount									227
Interest Expense, Total		6	5
Debt Instrument, Periodic Payment			23
Notes Payable, Total			115
Subordinated Unsecured Promissory Notes Payable [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross							46,996
Debt Instrument, Interest Rate, Stated Percentage							12.00%
Debt Instrument, Maturity Date							31-Jul-18
Debt Instrument, Face Amount										60,000
Interest Expense, Total			2,132
Amended Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage								20.00%
Debt Instrument Interest Rate Stated Percentage Amended								0.00%
Third Amendment Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument Interest Rate Stated Percentage Amended			0.00%
Forbearance Agreement [Member]
Debt Instrument [Line Items]
Payments Under Guarantee Obligations											1,200
Related Party Notes Payable [Member]
Debt Instrument [Line Items]
Debt Instrument, Face Amount										$60,000

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Line of Credit Facility, Amount Outstanding	$333	$8,553
Loss Contingency, Damages Sought, Value	$10,000

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current:
Federal									$0	$0	$204
State									98	2	24
Foreign									0	-287	342
Total current provision									98	-285	570
Deferred:
Federal									-2,503	791	1,419
State									-481	198	289
Foreign									0	0	-342
Total deferred									-2,984	989	1,366
Total provision for income taxes	$1,091	$387	$594	$814	($1,046)	$133	$987	($778)	($2,886)	$704	$1,936

INCOME_TAXES_Details_1

INCOME TAXES (Details 1)	12 Months Ended
INCOME TAXES (Details 1)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Provision for income taxes at federal statutory rate	34.00%	34.00%	34.00%
State income taxes, net of federal benefit	3.70%	8.70%	3.30%
Foreign tax on gain on bargain purchase	0.00%	0.00%	-7.40%
Foreign tax differential	0.00%	9.00%	0.00%
Other	4.50%	3.30%	0.90%
Effective income tax rate	-33.20%	55.00%	30.80%

INCOME_TAXES_Details_2

INCOME TAXES (Details 2) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Deferred tax assets:
Allowance for doubtful accounts	$282	$128
Goods held for sale or auction	2,819	530
Deductible goodwill and other intangibles	9,988	520
Accrued liabilities and other	3,210	1,128
Mandatorily redeemable noncontrolling interests	740	671
Note payable to Phantom Equityholders	0	376
Foreign tax and other tax credit carryforwards	342	591
Net operating loss carryforward	8,220	8,665
Total gross deferred tax assets	$25,601	$12,609

INCOME_TAXES_Details_Textual

INCOME TAXES (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Line Items]
(Loss) income before income taxes	($8,681)	$1,280	$6,276
Income (Loss) from Continuing Operations before Income Taxes, Domestic	5,812
Income (Loss) from Continuing Operations before Income Taxes, Foreign	2,869
Increased in deferred income taxes	11,200
State and Local Jurisdiction [Member]
Income Tax Disclosure [Line Items]
Operating Loss Carryforwards	19,678
Operating Loss Carryforwards Expiration Dates	will expire in 2032
Domestic Tax Authority [Member]
Income Tax Disclosure [Line Items]
Operating Loss Carryforwards	19,464
Operating Loss Carryforwards Expiration Dates	will expire in the tax year ending December 31, 2030
Foreign Tax Authority [Member]
Income Tax Disclosure [Line Items]
Tax Credit Carryforward, Amount	$342
Tax Credit Carryforward Expiration Date	will expire in 2022

EARNINGS_PER_SHARE_Details

EARNINGS PER SHARE (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Earnings Per Share [Abstract]
Net (loss) income attributable to B. Riley Financial, Inc.	($3,993)	($1,303)	($1,501)	($1,884)	$2,046	$103	($2,582)	$1,713	($5,801)	$1,058	$3,521
Weighted average shares outstanding:
Basic	15,902,607	15,911,482	4,972,203	1,434,107	1,434,107	1,434,107	1,434,107	1,434,107	9,612,154	1,434,107	1,434,107
Effect of dilutive potential common shares:
Contingently issuable shares									0	61,221	46,564
Diluted	15,902,607	15,911,482	4,972,203	1,434,107	1,495,328	1,494,528	1,434,107	1,482,780	9,612,154	1,494,328	1,480,671
Basic earnings per share	($0.18)	($0.05)	($0.16)	($0.93)	$0.65	$0.26	($1.07)	$0.90	($0.60)	$0.74	$2.46
Diluted earnings per share	($0.18)	($0.05)	($0.16)	($0.93)	$0.62	$0.24	($1.07)	$0.87	($0.60)	$0.71	$2.38

EARNINGS_PER_SHARE_Details_Tex

EARNINGS PER SHARE (Details Textual)	12 Months Ended
EARNINGS PER SHARE (Details Textual)	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share, Basic and Diluted [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share, Amount	44,883
Escrow Subject To Cancellation Adjusted Ebitda [Member]
Earnings Per Share, Basic and Diluted [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share, Amount		50,000
Escrow Subject To Cancellation Escrow Claims [Member]
Earnings Per Share, Basic and Diluted [Line Items]
Antidilutive Securities Excluded From Computation Of Earnings Per Share, Amount		66,000

LIMITED_LIABILITY_COMPANY_SUBS1

LIMITED LIABILITY COMPANY SUBSIDIARIES (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Limited Liability Company Disclosure Of Subsidiary [Abstract]
Decrease In Fair Value Of Ownership Interest	$0	$0	$0
Other Operating Activities Cash Flow Statement	$1,892	$1,897	$1,928

BENEFIT_PLANS_AND_DIVIDENDS_De

BENEFIT PLANS AND DIVIDENDS (Details Narrative() (USD $)	Dec. 31, 2014
Benefit Plans And Dividends Details Narrative
Common stock available for future grants	3,194,141
Dividend per share	$0.03

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details Textual) (USD $)	12 Months Ended			1 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jan. 31, 2014	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Related Party Transaction [Line Items]
Investment Income, Interest	$12	$26	$201
Gain (Loss) on Investments, Total		21	120
Asset Impairment Charges, Total	159	428	194
Loan Remaining Principal Outstanding				1,200
Notes Receivable Related Parties Current	0	703
Notes Receivable, Related Parties, Noncurrent		497
Phantom Equityholders [Member] \| Subsequent Event [Member]
Related Party Transaction [Line Items]
Repayments of Debt				640
Great American Global Partners [Member]
Related Party Transaction [Line Items]
Debt Instrument, Maturity Date		31-Jul-18
Gare [Member]
Related Party Transaction [Line Items]
Origination of Notes Receivable from Related Parties					620	3,224
Notes Receivable Interest Effective Percentage					8.00%
Equity Method Investment, Ownership Percentage						50.00%
Notes Receivable Interest Effective Percentage Amended						15.00%
Notes Receivable Related Parties Maturity Date					8-Jul-11
Investment Income, Interest			196
Notes Payable, Related Parties, Current			611		3,844
Proceeds from Sale and Collection of Notes Receivable, Total			3,164
Asset Impairment Charges, Total			69
CA Global Partners, LLC [Member]
Related Party Transaction [Line Items]
Due from Related Parties, Current	213	45
Amended Credit Agreement [Member]
Related Party Transaction [Line Items]
Debt Instrument, Interest Rate, Stated Percentage							20.00%
Shoon Trading Limited [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage		44.40%	44.40%
Accounts and Notes Receivable, Net, Total		1,200
Loan Remaining Principal Outstanding		353
Debt Instrument, Interest Rate, Stated Percentage		6.50%
Notes Receivable Related Parties Current		703
Notes Receivable, Related Parties, Noncurrent		$497

NET_CAPITAL_REQUIREMENTS_Detai

NET CAPITAL REQUIREMENTS (Details Textual) (B. Riley and Co. Inc. [Member], USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified	Dec. 31, 2014
Net Capital	$12,430
Alternative Excess Net Capital	$12,028
Minimum [Member]
Ratio of Indebtedness to Net Capital	1
Ratio Of Net Capital	0.49
Maximum [Member]
Ratio of Indebtedness to Net Capital	15
Ratio Of Net Capital	1

BUSINESS_SEGMENTS_Details

BUSINESS SEGMENTS (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information [Line Items]
Revenues - Services and fees									$67,257	$59,967	$65,624
Revenues - Sale of goods									9,859	16,165	18,312
Total revenues	19,842	20,674	14,947	21,653	18,188	21,751	15,239	20,954	77,116	76,132	83,936
Direct cost of services									-23,466	-24,146	-23,911
Cost of goods sold									-14,080	-11,506	-12,750
Selling, general, and administrative expenses									-44,453	-36,382	-39,834
Restructuring charge		2,548							2,548	0	0
Depreciation and Amortization									-646	-611	-626
Segment income	-3,669	-1,253	-1,056	-1,258	2,906	782	-1,935	2,345	-7,431	4,098	7,441
Corporate and other expenses									-11,621	-11,638	-11,002
Interest income									12	26	201
Loss from equity investment in Great American Real Estate, LLC and Shoon Trading Limited									0	-21	-120
Gain from bargain purchase									0	0	1,366
Interest expense									-1,262	-2,667	-2,612
(Loss) income before income taxes									-8,681	1,280	6,276
Provision for income taxes	-1,091	-387	-594	-814	1,046	-133	-987	778	2,886	-704	-1,936
Net (loss) income	-2,902	-916	-907	-1,070	1,000	236	-1,595	935	-5,795	576	4,340
Net income (loss) attributable to noncontrolling interests									6	-482	819
Net (loss) income attributable to B. Riley Financial, Inc.	-2,822	-868	-777	-1,334	934	366	-1,531	1,289	-5,801	1,058	3,521
Capital expenditures									143	1,160	634
Total assets	138,990				73,677				138,990	73,677
Valuation and Appraisal Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues - Services and fees									30,671	27,558	25,492
Direct cost of services									-12,747	-13,026	-11,584
Selling, general, and administrative expenses									-10,721	-8,718	-6,974
Restructuring charge									-203	0	0
Depreciation and Amortization									-151	-143	-121
Segment income									6,849	5,671	6,813
Capital expenditures									1	418	134
Total assets	9,527				8,611				9,527	8,611
Consolidated Reportable Segment [Member]
Segment Reporting Information [Line Items]
Segment income									4,190	15,736	18,443
Auction and Liquidation Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues - Services and fees									17,166	32,409	40,132
Revenues - Sale of goods									9,859	9,963	8,106
Total revenues									27,025	42,372	48,238
Direct cost of services									-10,719	-11,120	-12,327
Cost of goods sold									-14,080	-7,940	-7,275
Selling, general, and administrative expenses									-8,481	-11,889	-17,064
Restructuring charge									-1,339
Depreciation and Amortization									-107	-176	-193
Segment income									-7,701	11,247	11,379
Capital expenditures									38	423	394
Total assets	41,360				24,222				41,360	24,222
Uk Retail Stores Segment [Member]
Segment Reporting Information [Line Items]
Revenues - Sale of goods									0	6,202	10,206
Cost of goods sold									0	-3,566	-5,475
Selling, general, and administrative expenses									0	-3,773	-4,462
Depreciation and Amortization									0	-45	-18
Segment income									0	-1,182	251
Capital expenditures									0	319	106
Total assets					0					0
Capital markets reportable segment [Member]
Segment Reporting Information [Line Items]
Revenues - Services and fees									19,420	0
Revenues - Sale of goods											0
Selling, general, and administrative expenses									-14,185	0	0
Depreciation and Amortization									-193	0	0
Segment income									5,042	0	0
Capital expenditures									104	0	0
Total assets	48,878				0				48,878	0
Corporate and Other segment [Member]
Segment Reporting Information [Line Items]
Total assets	$39,225				$40,844				$39,225	$40,844

BUSINESS_SEGMENTS_Details_1

BUSINESS SEGMENTS (Details 1) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information [Line Items]
Total Revenues - Services and fees									$67,257	$59,967	$65,624
Total Revenues - Sale of goods									9,859	16,165	18,312
Total revenues	19,842	20,674	14,947	21,653	18,188	21,751	15,239	20,954	77,116	76,132	83,936
UNITED STATES
Segment Reporting Information [Line Items]
Total Revenues - Services and fees									63,417	50,624	42,564
Total Revenues - Sale of goods									9,859	9,532	7,842
Total revenues									73,276	60,156	50,406
Europe [Member]
Segment Reporting Information [Line Items]
Total Revenues - Services and fees									3,840	9,343	23,060
Total Revenues - Sale of goods									0	6,633	10,470
Total revenues									$3,840	$15,976	$33,530

BUSINESS_SEGMENTS_Details_2

BUSINESS SEGMENTS (Details 2) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Total Long-lived Assets - Property and Equipment, net	$776	$1,090
Total Identifiable Assets	138,990	73,677
UNITED STATES
Segment Reporting Information [Line Items]
Total Long-lived Assets - Property and Equipment, net	776	990
Total Identifiable Assets	137,216	68,405
Europe [Member]
Segment Reporting Information [Line Items]
Total Long-lived Assets - Property and Equipment, net	0	100
Total Identifiable Assets	$1,774	$5,272

SELECTED_QUARTERLY_FINANCIAL_D2

SELECTED QUARTERLY FINANCIAL DATA (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]
Total revenues	$19,842	$20,674	$14,947	$21,653	$18,188	$21,751	$15,239	$20,954	$77,116	$76,132	$83,936
Operating income (loss)	-3,669	-1,253	-1,056	-1,258	2,906	782	-1,935	2,345	-7,431	4,098	7,441
Income (loss) before income taxes	-3,993	-1,303	-1,501	-1,884	2,046	103	-2,582	1,713	-5,801	1,058	3,521
(Provision) benefit for income taxes	1,091	387	594	814	-1,046	133	987	-778	-2,886	704	1,936
Net income (loss)	-2,902	-916	-907	-1,070	1,000	236	-1,595	935	-5,795	576	4,340
Net (loss) income attributable to B. Riley Financial, Inc.	($2,822)	($868)	($777)	($1,334)	$934	$366	($1,531)	$1,289	($5,801)	$1,058	$3,521
Earnings (loss) per share:
Basic	($0.18)	($0.05)	($0.16)	($0.93)	$0.65	$0.26	($1.07)	$0.90	($0.60)	$0.74	$2.46
Diluted	($0.18)	($0.05)	($0.16)	($0.93)	$0.62	$0.24	($1.07)	$0.87	($0.60)	$0.71	$2.38
Weighted average shares outstanding:
Basic	15,902,607	15,911,482	4,972,203	1,434,107	1,434,107	1,434,107	1,434,107	1,434,107	9,612,154	1,434,107	1,434,107
Diluted	15,902,607	15,911,482	4,972,203	1,434,107	1,495,328	1,494,528	1,434,107	1,482,780	9,612,154	1,494,328	1,480,671

SUBSEQUENT_EVENTS_Details_Text

SUBSEQUENT EVENTS (Details Textual) (Subsequent Event [Member], USD $)	1 Months Ended
In Thousands, except Share data, unless otherwise specified	Jan. 31, 2015	Mar. 31, 2015	Feb. 02, 2017	Feb. 02, 2016	Mar. 10, 2015
MK Capital Advisors, LLC [Member]
Cash payment to shareholders	$2,500
Shares issued in acquisition, shares	333,333
Payment of contingent consideration in cash			1,250	1,250
Payment of contingent consideration in shares			166,666	166,667
Riley Investment Partners, L.P [Member]
Proceeds from long term debt		4,500
Principal amount of debt					$4,500
Debt maturity date		9-Mar-16
Equity interests, percentage					45.00%
Riley Investment Partners, L.P [Member] \| Minimum [Member]
Interset rate on debt					10.00%
Success Fee, percentage					12.00%
Riley Investment Partners, L.P [Member] \| Maximum [Member]
Interset rate on debt					15.00%
Success Fee, percentage					20.00%