v3.26.1
BUSINESS SEGMENTS - Schedule of reportable segments (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Total revenues $ 967,599 $ 746,421  
Direct cost of services (139,417) (213,901)  
Cost of goods sold (145,364) (167,634)  
Employee compensation and benefits (370,968) (431,608)  
Professional services (57,414) (59,224)  
Occupancy-related costs (49,437) (56,618)  
Depreciation and amortization (35,021) (44,933)  
Other selling, general and administrative expenses (86,908) (97,027)  
Restructuring charge (195) (1,522)  
Impairment of goodwill and tradenames (1,500) (105,373) $ (20,500)
Interest expense - Securities lending and loan participations sold (5,794) (66,128)  
Operating income (loss) 75,581 (497,547)  
Interest income 3,710 3,600  
Dividend income 1,818 4,462  
Realized and unrealized gains (losses) on investments 62,718 (263,686)  
Change in fair value of financial instruments and other 11,349 4,471  
Gain on sale and deconsolidation of businesses [1] 86,213 306  
Income from equity investments [1] 34,996 31  
Loss on extinguishment of debt (21,298) (18,725)  
Interest expense (92,736) (133,308)  
Income (loss) from continuing operations before income taxes 229,559 (900,396)  
Benefit from (provision for) income taxes 9,885 (22,013)  
Income (loss) from continuing operations 239,444 (922,409)  
Net income (loss) [1] 310,285 (774,939)  
Net income (loss) attributable to noncontrolling interests 2,870 (10,665)  
Net income (loss) attributable to BRC Group Holdings, Inc. 307,415 (764,274)  
Preferred stock dividends 8,060 8,060  
Net income (loss) available to common shareholders 299,355 (772,334)  
Net income (loss) available to common shareholders 299,355 (772,334)  
Operating Segments      
Segment Reporting Information [Line Items]      
Operating income (loss) 75,581 (497,547)  
Interest income 3,710 3,600  
Dividend income 1,818 4,462  
Realized and unrealized gains (losses) on investments 62,718 (263,686)  
Change in fair value of financial instruments and other 11,349 4,471  
Gain on sale and deconsolidation of businesses 86,213 306  
Gain on senior note exchange 67,208 0  
Income from equity investments 34,996 31  
Loss on extinguishment of debt (21,298) (18,725)  
Income (loss) from continuing operations before income taxes 229,559 (900,396)  
Benefit from (provision for) income taxes 9,885 (22,013)  
Income (loss) from continuing operations 239,444 (922,409)  
(Loss) income from discontinued operations, net of income taxes 70,841 147,470  
Net income (loss) 310,285 (774,939)  
Net income (loss) attributable to noncontrolling interests 2,870 (10,665)  
Net income (loss) attributable to BRC Group Holdings, Inc. 307,415 (764,274)  
Preferred stock dividends 8,060 8,060  
Net income (loss) available to common shareholders 299,355 (772,334)  
Net income (loss) available to common shareholders 299,355 (772,334)  
Corporate & All Other      
Segment Reporting Information [Line Items]      
Total revenues 95,764 (169,661)  
Direct cost of services (20,462) (48,551)  
Cost of goods sold (4,656) (8,921)  
Employee compensation and benefits (65,016) (86,107)  
Professional services (44,058) (42,595)  
Occupancy-related costs (15,001) (21,047)  
Depreciation and amortization (4,114) (8,259)  
Other selling, general and administrative expenses (1,759) (8,123)  
Restructuring charge (285) 0  
Impairment of goodwill and tradenames 0 (73,692)  
Interest expense - Securities lending and loan participations sold (634) (189)  
Operating income (loss) (60,221) (467,145)  
Interest expense (90,886) (122,404)  
Services and fees      
Segment Reporting Information [Line Items]      
Total revenues 633,836 783,304  
Services and fees | Corporate & All Other      
Segment Reporting Information [Line Items]      
Total revenues 75,965 109,604  
Trading gains (losses), net      
Segment Reporting Information [Line Items]      
Total revenues 125,530 (57,007)  
Trading gains (losses), net | Corporate & All Other      
Segment Reporting Information [Line Items]      
Total revenues 1,659 (18,575)  
Fair value adjustments on loans      
Segment Reporting Information [Line Items]      
Total revenues (448) (325,498)  
Fair value adjustments on loans | Corporate & All Other      
Segment Reporting Information [Line Items]      
Total revenues 2,683 (325,435)  
Interest income - loans      
Segment Reporting Information [Line Items]      
Total revenues 10,574 54,141  
Interest income - loans | Corporate & All Other      
Segment Reporting Information [Line Items]      
Total revenues 10,509 52,312  
Interest income - securities lending      
Segment Reporting Information [Line Items]      
Total revenues 6,993 70,862  
Interest income - securities lending | Corporate & All Other      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Sale of goods      
Segment Reporting Information [Line Items]      
Total revenues 191,114 220,619  
Sale of goods | Corporate & All Other      
Segment Reporting Information [Line Items]      
Total revenues 4,948 12,433  
Total Reportable Segments | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 871,835 916,082  
Direct cost of services (118,955) (165,350)  
Cost of goods sold (140,708) (158,713)  
Employee compensation and benefits (305,952) (345,501)  
Professional services (13,356) (16,629)  
Occupancy-related costs (34,436) (35,571)  
Depreciation and amortization (30,907) (36,674)  
Other selling, general and administrative expenses (85,149) (88,904)  
Restructuring charge 90 (1,522)  
Impairment of goodwill and tradenames (1,500) (31,681)  
Interest expense - Securities lending and loan participations sold (5,160) (65,939)  
Operating income (loss) 135,802 (30,402)  
Total Reportable Segments | Services and fees | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 557,871 673,700  
Total Reportable Segments | Trading gains (losses), net | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 123,871 (38,432)  
Total Reportable Segments | Fair value adjustments on loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues (3,131) (63)  
Total Reportable Segments | Interest income - loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 65 1,829  
Total Reportable Segments | Interest income - securities lending | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 6,993 70,862  
Total Reportable Segments | Sale of goods | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 186,166 208,186  
Capital Markets | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 264,712 217,668  
Direct cost of services 0 0  
Cost of goods sold 0 0  
Employee compensation and benefits (115,712) (118,933)  
Professional services (3,388) (1,169)  
Occupancy-related costs (6,839) (7,671)  
Depreciation and amortization (2,443) (3,049)  
Other selling, general and administrative expenses (41,684) (39,690)  
Restructuring charge 0 0  
Impairment of goodwill and tradenames 0 0  
Interest expense - Securities lending and loan participations sold (5,160) (65,939)  
Operating income (loss) 89,486 (18,783)  
Interest expense (30) (579)  
Capital Markets | Services and fees | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 154,421 186,750  
Capital Markets | Trading gains (losses), net | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 106,364 (41,710)  
Capital Markets | Fair value adjustments on loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues (3,131) (63)  
Capital Markets | Interest income - loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 65 1,829  
Capital Markets | Interest income - securities lending | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 6,993 70,862  
Capital Markets | Sale of goods | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Wealth Management | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 175,572 200,746  
Direct cost of services 0 0  
Cost of goods sold 0 0  
Employee compensation and benefits (126,279) (156,715)  
Professional services (2,623) (2,814)  
Occupancy-related costs (14,026) (11,464)  
Depreciation and amortization (2,209) (4,177)  
Other selling, general and administrative expenses (15,189) (19,146)  
Restructuring charge 0 0  
Impairment of goodwill and tradenames 0 0  
Interest expense - Securities lending and loan participations sold 0 0  
Operating income (loss) 15,246 6,430  
Wealth Management | Services and fees | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 158,065 197,468  
Wealth Management | Trading gains (losses), net | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 17,507 3,278  
Wealth Management | Fair value adjustments on loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Wealth Management | Interest income - loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Wealth Management | Interest income - securities lending | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Wealth Management | Sale of goods | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Lingo | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 164,148 195,886  
Direct cost of services (94,584) (131,725)  
Cost of goods sold 0 (1)  
Employee compensation and benefits (19,713) (22,259)  
Professional services (447) (2,107)  
Occupancy-related costs (3,109) (5,056)  
Depreciation and amortization (13,156) (13,481)  
Other selling, general and administrative expenses (20,003) (20,552)  
Restructuring charge 0 (379)  
Impairment of goodwill and tradenames 0 0  
Interest expense - Securities lending and loan participations sold 0 0  
Operating income (loss) 13,136 326  
Interest expense (66) (6,061)  
Lingo | Services and fees | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 164,148 195,886  
Lingo | Trading gains (losses), net | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Lingo | Fair value adjustments on loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Lingo | Interest income - loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Lingo | Interest income - securities lending | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Lingo | Sale of goods | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
magicJack | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 37,934 42,845  
Direct cost of services (7,445) (11,571)  
Cost of goods sold (1,240) (1,495)  
Employee compensation and benefits (3,140) (3,287)  
Professional services (1,477) (1,605)  
Occupancy-related costs (1,488) (1,849)  
Depreciation and amortization (3,481) (3,525)  
Other selling, general and administrative expenses (1,096) (1,082)  
Restructuring charge 0 0  
Impairment of goodwill and tradenames 0 0  
Interest expense - Securities lending and loan participations sold 0 0  
Operating income (loss) 18,567 18,431  
Interest expense 0 (3)  
magicJack | Services and fees | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 36,698 41,247  
magicJack | Trading gains (losses), net | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
magicJack | Fair value adjustments on loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
magicJack | Interest income - loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
magicJack | Interest income - securities lending | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
magicJack | Sale of goods | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 1,236 1,598  
Marconi Wireless | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 34,784 41,207  
Direct cost of services (12,620) (17,821)  
Cost of goods sold (3,856) (4,592)  
Employee compensation and benefits (2,782) (3,091)  
Professional services (334) (340)  
Occupancy-related costs (2,344) (2,345)  
Depreciation and amortization (1,919) (1,934)  
Other selling, general and administrative expenses (1,519) (1,251)  
Restructuring charge 0 0  
Impairment of goodwill and tradenames 0 0  
Interest expense - Securities lending and loan participations sold 0 0  
Operating income (loss) 9,410 9,833  
Marconi Wireless | Services and fees | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 31,394 37,216  
Marconi Wireless | Trading gains (losses), net | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Marconi Wireless | Fair value adjustments on loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Marconi Wireless | Interest income - loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Marconi Wireless | Interest income - securities lending | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Marconi Wireless | Sale of goods | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 3,390 3,991  
UOL | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 13,145 15,133  
Direct cost of services (4,306) (4,233)  
Cost of goods sold 0 0  
Employee compensation and benefits (1,203) (1,566)  
Professional services (55) (50)  
Occupancy-related costs (675) (668)  
Depreciation and amortization (219) (2,517)  
Other selling, general and administrative expenses (385) (371)  
Restructuring charge 0 0  
Impairment of goodwill and tradenames 0 0  
Interest expense - Securities lending and loan participations sold 0 0  
Operating income (loss) 6,302 5,728  
UOL | Services and fees | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 13,145 15,133  
UOL | Trading gains (losses), net | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
UOL | Fair value adjustments on loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
UOL | Interest income - loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
UOL | Interest income - securities lending | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
UOL | Sale of goods | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Consumer Products | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 181,540 202,597  
Direct cost of services 0 0  
Cost of goods sold (135,612) (152,625)  
Employee compensation and benefits (37,123) (39,650)  
Professional services (5,032) (8,544)  
Occupancy-related costs (5,955) (6,518)  
Depreciation and amortization (7,480) (7,991)  
Other selling, general and administrative expenses (5,273) (6,812)  
Restructuring charge 90 (1,143)  
Impairment of goodwill and tradenames (1,500) (31,681)  
Interest expense - Securities lending and loan participations sold 0 0  
Operating income (loss) (16,345) (52,367)  
Interest expense (1,754) (4,261)  
Consumer Products | Services and fees | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Consumer Products | Trading gains (losses), net | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Consumer Products | Fair value adjustments on loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Consumer Products | Interest income - loans | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Consumer Products | Interest income - securities lending | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues 0 0  
Consumer Products | Sale of goods | Operating Segments      
Segment Reporting Information [Line Items]      
Total revenues $ 181,540 $ 202,597  
[1] Amounts presented contain results from both continuing and discontinued operations. Refer to Note 5 – Discontinued Operations and Assets Held for Sale for additional information regarding cash flow associated with the results of discontinued operations.