XML 108 R92.htm IDEA: XBRL DOCUMENT v3.22.4
REVENUE FROM CONTRACTS WITH CUSTOMERS - Schedule of revenues from contracts with customers (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         $ 962,152 $ 1,179,369 $ 665,300
Interest income - Loans and securities lending $ 62,545 $ 57,594 $ 63,835 $ 61,426 $ 33,443 $ 26,869 $ 25,491 $ 36,920 $ 125,261 $ 62,411 $ 182,855 $ 89,280 245,400 122,723 102,499
Total revenues $ 382,092 $ 312,117 $ 139,621 $ 246,840 $ 400,314 $ 392,281 $ 318,966 $ 443,137 $ 386,461 $ 762,103 $ 698,578 $ 1,154,384 1,080,670 1,554,698 834,217
Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         223,818 539,398 310,830
Total revenues                         327,596 891,230 477,086
Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         224,104 358,487 71,204
Total revenues                         234,257 381,984 73,149
Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         69,509 73,517 88,764
Total revenues                         74,096 73,517 88,764
Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         98,508 94,312 90,906
Total revenues                         98,508 94,312 91,622
Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         235,655 93,347 87,138
Total revenues                         235,655 93,347 87,138
Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         96,761 20,308 16,458
Total revenues                         96,761 20,308 16,458
All Other:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         13,797    
Total revenues                         13,797    
Corporate finance, consulting and investment banking fees                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         228,098 540,686 309,074
Corporate finance, consulting and investment banking fees | Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         169,955 484,247 255,023
Corporate finance, consulting and investment banking fees | Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Corporate finance, consulting and investment banking fees | Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Corporate finance, consulting and investment banking fees | Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         58,143 56,439 54,051
Corporate finance, consulting and investment banking fees | Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Corporate finance, consulting and investment banking fees | Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Corporate finance, consulting and investment banking fees | All Other:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0    
Wealth and asset management fees                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         217,352 289,480 78,595
Wealth and asset management fees | Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         12,547 6,769 7,391
Wealth and asset management fees | Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         204,805 282,711 71,204
Wealth and asset management fees | Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Wealth and asset management fees | Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Wealth and asset management fees | Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Wealth and asset management fees | Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Wealth and asset management fees | All Other:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0    
Commissions, fees and reimbursed expenses                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         113,561 181,110 135,306
Commissions, fees and reimbursed expenses | Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         41,316 48,382 48,416
Commissions, fees and reimbursed expenses | Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         19,299 75,776 0
Commissions, fees and reimbursed expenses | Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         12,581 19,079 50,035
Commissions, fees and reimbursed expenses | Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         40,365 37,873 36,855
Commissions, fees and reimbursed expenses | Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Commissions, fees and reimbursed expenses | Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Commissions, fees and reimbursed expenses | All Other:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0    
Subscription services                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         219,379 79,149 72,666
Subscription services | Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Subscription services | Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Subscription services | Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Subscription services | Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Subscription services | Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         219,379 79,149 72,666
Subscription services | Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Subscription services | All Other:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0    
Service contract revenues                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                           1,090 13,066
Service contract revenues | Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                           0 0
Service contract revenues | Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                           0 0
Service contract revenues | Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                           1,090 13,066
Service contract revenues | Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                           0 0
Service contract revenues | Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                           0 0
Service contract revenues | Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                           0 0
Sale of goods                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         142,275 58,205 29,135
Sale of goods | Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Sale of goods | Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Sale of goods | Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         56,928 53,348 25,663
Sale of goods | Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Sale of goods | Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         7,526 4,857 3,472
Sale of goods | Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         77,821 0 0
Sale of goods | All Other:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0    
Advertising, licensing and other                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         41,487 29,649 27,458
Advertising, licensing and other | Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Advertising, licensing and other | Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Advertising, licensing and other | Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Advertising, licensing and other | Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         0 0 0
Advertising, licensing and other | Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         8,750 9,341 11,000
Advertising, licensing and other | Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         18,940 20,308 16,458
Advertising, licensing and other | All Other:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Total revenues from contracts with customers                         13,797    
Interest income - Loans and securities lending                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Interest income - Loans and securities lending                         245,400 122,723 102,499
Interest income - Loans and securities lending | Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Interest income - Loans and securities lending                         240,813 122,723 102,499
Interest income - Loans and securities lending | Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Interest income - Loans and securities lending                         0 0 0
Interest income - Loans and securities lending | Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Interest income - Loans and securities lending                         4,587 0 0
Interest income - Loans and securities lending | Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Interest income - Loans and securities lending                         0 0 0
Interest income - Loans and securities lending | Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Interest income - Loans and securities lending                         0 0 0
Interest income - Loans and securities lending | Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Interest income - Loans and securities lending                         0 0 0
Interest income - Loans and securities lending | All Other:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Interest income - Loans and securities lending                         0    
Trading (losses) gains on investments                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Trading (losses) gains on investments                         (148,294) 210,910 78,710
Trading (losses) gains on investments | Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Trading (losses) gains on investments                         (151,816) 203,287 77,906
Trading (losses) gains on investments | Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Trading (losses) gains on investments                         3,522 7,623 804
Trading (losses) gains on investments | Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Trading (losses) gains on investments                         0 0 0
Trading (losses) gains on investments | Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Trading (losses) gains on investments                         0 0 0
Trading (losses) gains on investments | Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Trading (losses) gains on investments                         0 0 0
Trading (losses) gains on investments | Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Trading (losses) gains on investments                         0 0 0
Trading (losses) gains on investments | All Other:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Trading (losses) gains on investments                         0    
Fair value adjustment on loans                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Fair value adjustment on loans                         (54,334) 9,635 (22,033)
Fair value adjustment on loans | Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Fair value adjustment on loans                         (54,334) 9,635 (22,033)
Fair value adjustment on loans | Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Fair value adjustment on loans                         0 0 0
Fair value adjustment on loans | Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Fair value adjustment on loans                         0 0 0
Fair value adjustment on loans | Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Fair value adjustment on loans                         0 0 0
Fair value adjustment on loans | Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Fair value adjustment on loans                         0 0 0
Fair value adjustment on loans | Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Fair value adjustment on loans                         0 0 0
Fair value adjustment on loans | All Other:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Fair value adjustment on loans                         0    
Other                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Other                         75,746 32,061 9,741
Other | Capital Markets Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Other                         69,115 16,187 7,884
Other | Wealth Management Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Other                         6,631 15,874 1,141
Other | Auction and Liquidation segment:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Other                         0 0 0
Other | Financial Consulting Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Other                         0 0 716
Other | Communications Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Other                         0 0 0
Other | Consumer Segment                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Other                         0 $ 0 $ 0
Other | All Other:                              
Revenue from Contracts with Customers (Details) - Schedule of revenues from contracts with customers [Line Items]                              
Other                         $ 0