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Note 15 - Segment Information - Schedule of Segment Information (Details) - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Advisory services, external customers $ 12,995,504 $ 9,788,340
Advisory services, other operating segments(1) [1] 0 0
Interest and dividend income 3,155,000 4,262,000
Interest expense (2,131,000) (1,113,000)
Net revenues 14,019,675 12,936,963
Other (expense) income (12,146,005) (4,744,032)
Operating expenses(4) [2] (9,838,706) (8,285,362)
Intercompany expenses(1) [1] 0 0
Income (loss) before income taxes (7,965,036) (92,431)
Year end assets 86,316,951 122,084,641
Corporate, Non-Segment [Member]    
Advisory services, external customers 0 0
Advisory services, other operating segments(1) [1] 0 0
Interest and dividend income 0 0
Interest expense [3] (1,416,000) (997,000)
Net revenues (1,416,000) (997,000)
Other (expense) income [4] 66,000 154,000
Operating expenses(4) [2] 0 0
Intercompany expenses(1) [1] 0 0
Income (loss) before income taxes (1,350,000) (843,000)
Year end assets 6,864,000 9,162,000
Consolidation, Eliminations [Member]    
Advisory services, external customers 0 0
Advisory services, other operating segments(1) [1] (115,000) (147,000)
Interest and dividend income 0 0
Interest expense 0 0
Net revenues (115,000) (147,000)
Other (expense) income 0 0
Operating expenses(4) [2] 0 0
Intercompany expenses(1) [1] 115,000 147,000
Income (loss) before income taxes 0 0
Year end assets 0 0
Asset Management [Member] | Operating Segments [Member]    
Advisory services, external customers 12,996,000 9,788,000
Advisory services, other operating segments(1) [1] 115,000 147,000
Interest and dividend income 0 0
Interest expense 0 0
Net revenues 13,111,000 9,935,000
Other (expense) income 0 0
Operating expenses(4) [2] (7,805,000) (5,676,000)
Intercompany expenses(1) [1] 0 0
Income (loss) before income taxes 5,306,000 4,259,000
Year end assets 1,970,000 1,901,000
Investment Portfolio [Member] | Operating Segments [Member]    
Advisory services, external customers 0 0
Advisory services, other operating segments(1) [1] 0 0
Interest and dividend income 3,155,000 4,262,000
Interest expense (715,000) (116,000)
Net revenues 2,440,000 4,146,000
Other (expense) income (12,212,000) (4,898,000)
Operating expenses(4) [2] (2,034,000) (2,609,000)
Intercompany expenses(1) [1] (115,000) (147,000)
Income (loss) before income taxes (11,921,000) (3,508,000)
Year end assets $ 77,483,000 $ 111,022,000
[1] Includes advisory services revenue received by Bimini Advisors from Royal Palm.
[2] Corporate expenses are allocated based on each segment’s proportional share of total revenues.
[3] Includes interest on long-term debt.
[4] Includes income recognized on the forgiveness of the PPP loan and gains (losses) on Eurodollar futures contracts entered into as a hedge on junior subordinated notes.