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Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
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,

 


 

 

2023

 

 

2022

 

Industrial Assets Division:

 

 

 

 

 

 

Auction and Liquidation

 

$

4,918

 

 

$

7,979

 

Refurbishment & Resale

 

 

2,847

 

 

 

1,187

 

Total divisional operating income

 

 

7,765

 

 

 

9,166

 

 

 

 

 

 

 

 

Financial Assets Division:

 

 

 

 

 

 

Brokerage

 

 

8,946

 

 

 

4,709

 

Specialty Lending

 

 

1,862

 

 

 

1,213

 

Total divisional operating income

 

 

10,808

 

 

 

5,922

 

 

 

 

 

 

 

 

Corporate & other operating loss

 

 

(4,254

)

 

 

(3,968

)

 

 

 

 

 

 

 

Consolidated operating income

 

$

14,319

 

 

$

11,120