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Segment Information
3 Months Ended
Mar. 31, 2023
Segment Reporting Information, Additional Information [Abstract]  
Segment Information

Note 14 – Segment Information

The following table sets forth certain financial information for the Company's reportable segments (in thousands):

 

 

Three Months Ended March 31,

 


 

 

2023

 

 

2022

 

Industrial Assets Division:

 

 

 

 

 

 

Auction and Liquidation

 

$

1,468

 

 

$

649

 

Refurbishment & Resale

 

 

1,101

 

 

 

197

 

Total divisional operating income

 

 

2,569

 

 

 

846

 

 

 

 

 

 

 

 

Financial Assets Division:

 

 

 

 

 

 

Brokerage

 

 

2,045

 

 

 

495

 

Specialty Lending

 

 

533

 

 

 

236

 

Total divisional operating income

 

 

2,578

 

 

 

731

 

 

 

 

 

 

 

 

Corporate operating expense & other income

 

 

(1,253

)

 

 

(702

)

 

 

 

 

 

 

 

Consolidated operating income

 

$

3,894

 

 

$

875