XML 38 R19.htm IDEA: XBRL DOCUMENT v3.23.2
Segment Information
6 Months Ended
Jun. 30, 2023
Segment Reporting Information, Additional Information [Abstract]  
Segment Information

Note 13 – Segment Information

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

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 


 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Industrial Assets Division:

 

 

 

 

 

 

 

 

 

 

 

 

Auction and Liquidation

 

$

715

 

 

$

3,199

 

 

$

2,182

 

 

$

3,848

 

Refurbishment & Resale

 

 

736

 

 

 

144

 

 

 

1,837

 

 

 

341

 

Total divisional operating income

 

 

1,451

 

 

 

3,343

 

 

 

4,019

 

 

 

4,189

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Assets Division:

 

 

 

 

 

 

 

 

 

 

 

 

Brokerage

 

 

2,117

 

 

 

841

 

 

 

4,162

 

 

 

1,336

 

Specialty Lending

 

 

746

 

 

 

342

 

 

 

1,299

 

 

 

578

 

Total divisional operating income

 

 

2,863

 

 

 

1,183

 

 

 

5,461

 

 

 

1,914

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate operating expense & other income

 

 

(1,213

)

 

 

(902

)

 

 

(2,485

)

 

 

(1,604

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated operating income

 

$

3,101

 

 

$

3,624

 

 

$

6,995

 

 

$

4,499