Segment Information

9 Months Ended

Sep. 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 September 30,						Nine Months Ended September 30,
	2023			2022			2023			2022
Industrial Assets Division:
Auction and Liquidation	$	1,099		$	2,393		$	3,282		$	6,241
Refurbishment & Resale		1,001			665			2,838			1,006
Total divisional operating income		2,100			3,058			6,120			7,247
Financial Assets Division:
Brokerage		2,055			1,246			6,217			2,582
Specialty Lending		(206	)		320			1,093			898
Total divisional operating income		1,849			1,566			7,310			3,480
Corporate operating expense & other income		(1,180	)		(1,150	)		(3,666	)		(2,754	)
Consolidated operating income	$	2,769		$	3,474		$	9,764		$	7,973