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Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting Information, Additional Information [Abstract]  
Schedule of Financial Information for the Company's Reportable Segments

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

 

 

 

Year Ended December 31,

 


 

 

2022

 

 

2021

 

Industrial Assets Division:

 

 

 

 

 

 

Auction and Liquidation

 

$

7,979

 

 

$

3,467

 

Refurbishment & Resale

 

 

1,187

 

 

 

(41

)

Total divisional operating income

 

 

9,166

 

 

 

3,426

 

 

 

 

 

 

 

 

Financial Assets Division:

 

 

 

 

 

 

Brokerage

 

 

4,709

 

 

 

1,731

 

Specialty Lending

 

 

1,213

 

 

 

293

 

Total divisional operating income

 

 

5,922

 

 

 

2,024

 

 

 

 

 

 

 

 

Corporate & other operating loss

 

 

(3,968

)

 

 

(2,436

)

 

 

 

 

 

 

 

Consolidated operating income

 

$

11,120

 

 

$

3,014