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Business Combinations (Schedule of Assets Acquired and Liabilities Assumed) (Details)
€ in Thousands, CAD in Thousands, $ in Thousands
3 Months Ended
Nov. 15, 2016
CAD
Nov. 15, 2016
USD ($)
Aug. 01, 2016
USD ($)
Feb. 19, 2016
EUR (€)
Feb. 19, 2016
USD ($)
Mar. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Business Acquisition [Line Items]              
Goodwill acquired on acquisition           $ 98,065 $ 97,537
Mascus International Holdings BV [Member]              
Business Acquisition [Line Items]              
Purchase price       € 26,553 $ 29,580    
Fair value of contingent consideration         3,431    
Non-controlling interests [1]         596    
Total fair value at acquisition date         33,607    
Cash and cash equivalents         1,457    
Trade and other receivables         1,290    
Prepaid expenses         528    
Property, plant and equipment         104    
Intangible assets [2]         14,817    
Trade and other payables         1,533    
Other non-current liabilities         37    
Deferred tax liabilities         2,683    
Fair value of identifiable net assets acquired         13,943    
Goodwill acquired on acquisition         $ 19,664    
Mascus International Holdings BV [Member] | Customer Relationships [Member]              
Business Acquisition [Line Items]              
Amortization life           17 years  
Mascus International Holdings BV [Member] | Software Assets [Member]              
Business Acquisition [Line Items]              
Amortization life           5 years  
Mascus International Holdings BV [Member] | Trade Names [Member]              
Business Acquisition [Line Items]              
Amortization life           5 years  
Petrowsky Auctioneers Inc. [Member]              
Business Acquisition [Line Items]              
Purchase price     $ 6,250        
Fair value of contingent consideration     1,433        
Total fair value at acquisition date     7,683        
Property, plant and equipment     441        
Intangible assets [3]     2,934        
Fair value of identifiable net assets acquired     3,375        
Goodwill acquired on acquisition     $ 4,308        
Petrowsky Auctioneers Inc. [Member] | Customer Relationships [Member]              
Business Acquisition [Line Items]              
Amortization life     10 years        
Kramer Auctions Ltd. [Member]              
Business Acquisition [Line Items]              
Purchase price CAD 15,000 $ 11,138          
Deferred purchase note consideration CAD 300 223          
Fair value of contingent consideration   538          
Total fair value at acquisition date   11,899          
Property, plant and equipment   399          
Intangible assets [4]   4,678          
Fair value of identifiable net assets acquired   5,077          
Goodwill acquired on acquisition   $ 6,822          
Kramer Auctions Ltd. [Member] | Customer Relationships [Member]              
Business Acquisition [Line Items]              
Amortization life           10 years  
Kramer Auctions Ltd. [Member] | Trade Names [Member]              
Business Acquisition [Line Items]              
Amortization life           3 years  
[1] The Company acquired 100% of Mascus and within the Mascus group of entities there were two subsidiaries that were not wholly-owned, one domiciled in the United States and one domiciled in Denmark. As such, the Company acquired non-controlling interests. The fair value of each non-controlling interest was determined using an income approach based on cash flows of the respective entities that were attributable to the non-controlling interest. On May 27, 2016, Ritchie Bros. Holdings (America) Inc. acquired the remaining issued and outstanding shares of the Mascus subsidiary domiciled in the United States for cash consideration of $226,000.
[2] Intangible assets consist of customer relationships with estimated useful lives of 17 years, indefinite-lived trade names, and software assets with estimated useful lives of five years.
[3] Consists of customer relationships with estimated useful lives of 10 years.
[4] Consists of customer relationships and trade names with estimated useful lives of 10 and three years, respectively.