Cohen & Company (COHN) 10-K 9 Mar 23 2022 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2022	Mar. 06, 2023	Jun. 30, 2022
Document Information [Line Items]
Entity Central Index Key	0001270436
Entity Registrant Name	Cohen & Co Inc.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Document Transition Report	false
Entity File Number	001-32026
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	16-1685692
Entity Address, Address Line One	2929 Arch Street, Suite 1703
Entity Address, City or Town	Philadelphia
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19104
City Area Code	215
Local Phone Number	701-9555
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	COHN
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Entity Shell Company	false
Entity Public Float			$ 13,900,000
Entity Common Stock, Shares Outstanding		1,819,866
Auditor Firm ID	248
Auditor Name	GRANT THORNTON LLP
Auditor Location	Philadelphia, Pennsylvania

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents		$ 29,101	$ 50,567
Receivables from brokers, dealers, and clearing agencies		140,933	68,392
Due from related parties		787	4,581
Other receivables		9,527	3,203
Investments-trading		211,828	223,865
Other Investments, Fair Value Disclosure		28,022	56,033
Receivables under resale agreements		437,692	3,175,645
Balance		8,929	48,238
Deferred income taxes		6,934	11,513
Goodwill	[1]	109	109
Right-of-use asset - operating leases		9,647	10,273
Other assets		3,546	3,885
Total assets		887,055	3,656,304
Liabilities
Payables to brokers, dealers, and clearing agencies		134,985	160,896
Accounts payable and other liabilities		11,439	22,819
Accrued compensation		12,434	22,577
Lease liability - operating leases		10,447	10,813
Investment securities sold, not yet purchased		133,957	62,512
Other investments sold, not yet purchased		78	2,488
Securities sold under agreement to repurchase		452,797	3,171,415
Redeemable financial instruments		7,868	7,957
Debt		29,024	43,394
Total liabilities		793,029	3,504,871
Commitments and contingencies (See Note 28)
Stockholders' Equity:
Voting Non-Convertible Preferred Stock, $0.001 par value per share, 50,000,000 shares authorized, 27,413,098 shares issued and outstanding, respectively		27	27
Common Stock, $0.01 par value per share, 100,000,000 shares authorized, 1,774,342 and 1,697,443 shares issued and outstanding, respectively, including 341,059 and 366,293 unvested or restricted share awards, respectively		17	17
Additional paid-in capital		72,801	72,006
Accumulated other comprehensive loss		(955)	(905)
Accumulated deficit		(25,151)	(9,204)
Total stockholders' equity		46,739	61,941
Non-controlling interest		47,287	89,492
Total equity		94,026	151,433
Total liabilities and equity		$ 887,055	$ 3,656,304
[1]Goodwill and intangible assets are allocated to the Capital Markets and Asset Management business segments as indicated in the table from above.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Preferred stock, shares issued (in shares)	27,413,098	27,413,098
Preferred stock, shares outstanding (in shares)	27,413,098	27,413,098
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	1,774,342	1,697,443
Common stock, shares outstanding (in shares)	1,774,342	1,697,443
Common stock, unvested or restricted share awards (in shares)	341,059	366,293

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income / (Loss) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues
Net trading		$ 40,009	$ 69,385	$ 73,611
Principal transactions and other income		(29,347)	37,324	45,506
Total revenue		44,387	146,368	130,110
Operating expenses
Compensation and benefits		50,290	85,048	59,902
Business development, occupancy, equipment		5,076	3,365	2,708
Subscriptions, clearing, and execution		8,274	10,307	9,887
Professional fee and other operating		8,153	7,684	7,068
Depreciation and amortization		557	371	334
Impairment of goodwill		0	0	7,883
Total operating expenses		72,350	106,775	87,782
Operating income / (loss)		(27,963)	39,593	42,328
Non-operating income / (expense)
Interest expense, net		(4,982)	(7,233)	(9,589)
Income/(loss) from equity method affiliates		(20,931)	36,010	(2,955)
Other non-operating income		0	2,127	0
Income / (loss) before income tax expense / (benefit)		(53,876)	70,497	29,784
Income tax expense (benefit)		4,794	(3,541)	(8,669)
Net income / (loss)		(58,670)	74,038	38,453
Net Income attributable to non-controlling interests			62,230
Enterprise net income (loss)		(58,670)	74,038	38,453
Net income / (loss) attributable to Cohen & Company Inc.		$ (13,389)	$ 11,808	$ 14,205
Income / (loss) per common share-basic:
Basic Earnings Per Share (in dollars per share)		$ (9.43)	$ 9.95	$ 12.56
Weighted average shares outstanding-basic (in shares)		1,420,383	1,187,029	1,131,085
Income / (loss) per common share-diluted:
Diluted Earnings Per Share (in dollars per share)		$ (9.43)	$ 7.83	$ 7.66
Weighted average shares outstanding-diluted (in shares)	[1]	1,420,383	5,284,925	5,091,087
Comprehensive income / (loss):
Net Income (loss)		$ (58,670)	$ 74,038	$ 38,453
Other comprehensive income / (loss) item:
Foreign currency translation adjustments, net of tax of $0		(206)	(244)	138
Other comprehensive income / (loss), net of tax of $0		(206)	(244)	138
Comprehensive income / (loss)		(58,876)	73,794	38,591
Less: comprehensive income / (loss) attributable to the non-controlling interest		(45,433)	62,060	24,351
Comprehensive income / (loss) attributable to Cohen & Company Inc.		(13,443)	11,734	14,240
Non-controlling Interest of Operating LLC [Member]
Non-operating income / (expense)
Net Income attributable to non-controlling interests		(23,203)	35,574	10,048
Cohen Co Including Noncontrolling Interest [Member]
Non-operating income / (expense)
Net income / (loss)		(35,467)	38,464	28,405
Enterprise net income (loss)		(35,467)	38,464	28,405
Comprehensive income / (loss):
Net Income (loss)		(35,467)	38,464	28,405
Non-controlling Interest of Cohen & Co. [Member]
Non-operating income / (expense)
Net Income attributable to non-controlling interests		(22,078)	26,656	14,200
Asset Management [Member]
Revenues
Revenue from Contract with Customer, Excluding Assessed Tax		9,004	10,923	8,759
New Issue and Advisory [Member]
Revenues
Revenue from Contract with Customer, Excluding Assessed Tax		$ 24,721	$ 28,736	$ 2,234
[1]Potentially diluted securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows: Year Ended December 31, 2022 2021 2020 2017 Convertible Note 224,138 - - Restricted Common Stock 18,182 - - Restricted Operating LLC units 3,735,004 - - 3,977,324 - -

Consolidated Statements of Op_2

Consolidated Statements of Operations and Comprehensive Income / (Loss) (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Foreign currency translation adjustments, tax	$ 0	$ 0	$ 0
Other comprehensive income (loss), tax	$ 0	$ 0	$ 0

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Balance at Dec. 31, 2019	$ 27	$ 12	$ 68,714	$ (34,519)	$ (915)	$ 33,319	$ 15,437	$ 48,756
Net Income (loss)				14,205		14,205	24,248	38,453
Other comprehensive income (loss)					35	35	103	138
Acquisition of additional units in consolidated subsidiary, net			(1,765)		59	(1,706)	1,706
Equity-based compensation		1	239			240	12,313	12,553
Shares withheld for employee taxes			(15)			(15)	(39)	(54)
Purchase and retirement of common stock			(2,142)			(2,142)		(2,142)
Dividends/distributions to convertible non-controlling interest				(27)		(27)		(62)
Dividends/distributions to convertible non-controlling interest							(35)	(35)
Non-convertible non-controlling interest investment							13,489	13,489
Non-convertible non-controlling interest distributions							(9,694)	(9,694)
Balance at Dec. 31, 2020	27	13	65,031	(20,341)	(821)	43,909	57,528	101,437
Net Income (loss)				11,808		11,808	62,230	74,038
Other comprehensive income (loss)					(74)	(74)	(170)	(244)
Acquisition of additional units in consolidated subsidiary, net			(1,929)		(10)	(1,939)	1,939
Equity-based compensation		1	790			791	14,927	15,718
Shares withheld for employee taxes			(102)			(102)	(276)	(378)
Purchase and retirement of common stock			(857)			(857)		(857)
Dividends/distributions to convertible non-controlling interest				(671)		(671)		(2,774)
Dividends/distributions to convertible non-controlling interest							(2,103)	(2,103)
Non-convertible non-controlling interest investment							17,095	17,095
Non-convertible non-controlling interest distributions							(61,678)	(61,678)
Common stock issued, net		3	9,073			9,076		9,076
Balance at Dec. 31, 2021	27	17	72,006	(9,204)	(905)	61,941	89,492	151,433
Net Income (loss)				(13,389)		(13,389)	(45,281)	(58,670)
Other comprehensive income (loss)					(54)	(54)	(152)	(206)
Acquisition of additional units in consolidated subsidiary, net			(338)		4	(334)	334
Equity-based compensation			1,209			1,209	3,181	4,390
Shares withheld for employee taxes			(76)			(76)	(158)	(234)
Dividends/distributions to convertible non-controlling interest				(2,558)		(2,558)		(9,043)
Dividends/distributions to convertible non-controlling interest							(6,485)	(6,485)
Non-convertible non-controlling interest investment							9	9
Non-convertible non-controlling interest distributions							(8,653)	(8,653)
Convertible non-controlling interest investment							15,000	15,000
Balance at Dec. 31, 2022	$ 27	$ 17	$ 72,801	$ (25,151)	$ (955)	$ 46,739	$ 47,287	$ 94,026

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating activities
Net Income (loss)	$ (58,670)	$ 74,038	$ 38,453
Adjustments to reconcile net income / (loss) to net cash provided by (used in) operating activities:
Equity-based compensation	4,390	15,718	12,553
Accretion of income on other investments, at fair value	0	0	(124)
Loss (gain) on other investments, at fair value	30,914	(35,421)	(43,413)
Loss (gain) on other investments, sold not yet purchased	(307)	(830)	(1,063)
Noncash advisory fees received	(7,416)	0	0
(Income) / loss from equity method affiliates	20,931	(36,010)	2,955
Depreciation and amortization	557	371	334
Impairment of goodwill	0	0	7,883
Amortization of discount on debt	630	860	736
Deferred tax provision / (benefit)	4,579	(4,116)	(8,877)
Other non-operating income - forgiveness of debt	0	(2,127)	0
Change in operating assets and liabilities, net:
Change in receivables from/ payables to brokers, dealers, and clearing agencies	(98,452)	(11,257)	(41,368)
Change in receivables from / payables to related parties, net	3,794	(3,872)	(2,346)
(Increase) decrease in other receivables	(6,324)	726	42,696
(Increase) decrease in investments-trading	12,037	19,096	64,891
(Increase) decrease in receivables under resale agreement	2,737,953	2,540,698	1,783,659
(Increase) decrease in other assets	981	(4,858)	4,340
Increase (decrease) in accounts payable and other liabilities	(11,769)	(19,189)	24,552
Increase (decrease) in accrued compensation	(10,143)	8,218	10,313
Increase (decrease) in trading securities sold, not yet purchased	71,445	18,073	(33,508)
Increase (decrease) in securities sold under agreement to repurchase	(2,718,618)	(2,541,797)	(1,821,231)
Net cash provided by (used in) operating activities	(23,488)	18,321	41,435
Investing activities
Purchase of investments - other investments, at fair value	(7,236)	(123,098)	(62,282)
Purchase of investments - other investments sold, not yet purchased, at fair value	(6,001)	(59,098)	(12,519)
Sales and returns of principal - other investments, at fair value	27,091	112,013	54,748
Sales and returns of principal - other investments sold, not yet purchased, at fair value	3,054	56,820	20,997
Investments in equity method affiliates	(2,614)	(8,392)	(12,675)
Distribution from equity method affiliate	77	249	0
Purchase of furniture, equipment, and leasehold improvements	(573)	(1,028)	(217)
Net cash provided by (used in) investing activities	13,798	(22,534)	(11,948)
Financing activities
Proceeds from draws on revolving credit facility	0	17,500	17,500
Repayment of draws on revolving credit facility	0	(17,500)	(17,500)
Proceeds from PPP loan	0	0	2,166
Proceeds from debt	2,250	0	4,500
Repayment of debt	(2,250)	(2,400)	(9,163)
Payments for debt issuance costs	0	0	(24)
Repayment of redeemable financial instrument	0	(4,000)	(4,921)
Cash used to net share settle equity awards	(234)	(378)	(54)
Proceeds from issuance of Common Stock	0	9,076	0
Purchase and retirement of Common Stock	0	(857)	(2,142)
Cohen & Company Inc. dividends	(2,558)	(671)	(27)
Operating LLC non-controlling interest distributions	(6,485)	(1,970)	(35)
Non-convertible non-controlling interest investment	9	17,095	13,489
Non-convertible non-controlling interest distributions	(2,236)	(2,734)	0
Net cash provided by (used in) financing activities	(11,504)	13,161	3,789
Effect of exchange rate on cash	(272)	(377)	416
Net increase (decrease) in cash and cash equivalents	(21,466)	8,571	33,692
Cash and cash equivalents, beginning of period	50,567	41,996	8,304
Cash and cash equivalents, end of period	$ 29,101	$ 50,567	$ 41,996

Note 1 - Organization and Natur

Note 1 - Organization and Nature of Operations	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Nature of Operations [Text Block]	1.  Organizational History  Cohen Brothers, LLC (“Cohen Brothers”) was formed on October 7, 2004 March 4, 2005 May 31, 2005.  From its formation until December 16, 2009, December 16, 2009,  As a result of the AFN Merger, AFN contributed substantially all of its assets into Cohen Brothers in exchange for newly issued units of membership interests directly from Cohen Brothers. In addition, AFN received additional Cohen Brothers membership interests directly from its members in exchange for AFN common stock. In accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), the AFN Merger was accounted for as a reverse acquisition, and Cohen Brothers was deemed to be the accounting acquirer. As a result, all of AFN’s assets and liabilities were required to be revalued at fair value as of the acquisition date. The remaining units of membership interests of Cohen Brothers that were not  Subsequent to the AFN Merger, AFN was renamed Cohen & Company Inc. In January 2011, September 1, 2017 January 1, 2010,  The Company  The Company is a financial services company specializing in an expanding range of capital markets and asset management services. As of December 31, 2022  In these financial statements, the “Company” refers to Cohen & Company Inc. and its subsidiaries on a consolidated basis. Cohen & Company, LLC or the “Operating LLC” refers to the main operating subsidiary of the Company. “Cohen Brothers” refers to the pre-AFN Merger Cohen Brothers, LLC and its subsidiaries. “AFN” refers to the pre-merger Alesco Financial Inc. and its subsidiaries. When the term “Cohen & Company Inc.” is used, it is referring to the parent company itself. “JVB Holdings” refers to J.V.B. Financial Holdings, LP; “JVB” refers to J.V.B. Financial Group LLC, a broker dealer subsidiary; "CCFESA" refers to Cohen & Company Financial Europe S.A., a majority owned subsidiary regulated by the Autorite de Controle Prudentiel et de Resolution ("ACPR"), a majority owned subsidiary; “CCFL” refers to Cohen & Company Financial Limited (formerly known as EuroDekania Management LTD), a subsidiary formerly regulated by the Financial Conduct Authority (formerly known as Financial Services Authority) in the United Kingdom; “CCFEL” refers to Cohen & Company Financial (Europe) Limited, a subsidiary formerly regulated by the Central Bank of Ireland in Ireland.  The Company’s business is organized into the following three  Capital Markets not s, collateralized loan obligations (“CLOs”), collateralized bond obligations (“CBOs”), co  Asset Management  Principal Investing not  The Company generates its revenue by business segment primarily through the following activities.  Capital Markets  • Trading activities of the Company, which include execution and brokerage services, riskless trading activities as well as gains and losses (unrealized and realized) and income and expense earned on securities and derivatives classified as trading; • Net interest income on the Company’s matched book repo financing activities; and • New issue and advisory revenue comprised primarily of (i) new issue revenue associated with originating, arranging, or placing newly created financial instruments; and (ii) revenue from advisory services.  Asset Management  • Asset management fees for the Company’s on-going asset management services provided to certain Investment Vehicles, which may  Principal Investing  • Gains and losses (unrealized and realized) and income and expense earned on securities classified as other investments, at fair value and other investments sold not • Income and loss earned on equity method investments.  The Company carries out certain activities at the Operating LLC (including a material amount of its principal investing activities). The remaining activities noted above were carried out through the following main operating subsidiaries of the Company as of December 31, 2022  1. Cohen & Company Financial Management, LLC (“CCFM”) is a wholly owned subsidiary of the Operating LLC and acts as asset manager and investment adviser to the Alesco III, Alesco IV, Alesco V, Alesco VI, and Alesco VIII CDOs. Alesco CDOs invest in bank and insurance company TruPS as well as insurance company subordinated debt. CCFM also manages the SPAC Fund and SPAC Series Funds. 2. Dekania Capital Management, LLC (“DCM”) is a wholly owned subsidiary of the Operating LLC and acts as asset manager and investment adviser to the Company’s Dekania Europe II and Dekania Europe III CDOs. The Dekania Europe CDOs invest primarily in financial institution TruPS and insurance company subordinated debt denominated in Euros. DCM also manages the U.S. Insurance JV. 3. JVB is a wholly owned subsidiary of the Operating LLC. JVB is a securities broker-dealer registered with the Securities and Exchange Commission (“SEC”) and is a member of the Financial Industry Regulatory Authority (“FINRA”), and the Securities Industry Protection Corporation (“SIPC”). JVB carries out the Company’s Capital Market business segment activities in the U.S. 4. CCFL was previously regulated by the United Kingdom Financial Conduct Authority (“FCA”). CCFL in the past acted as asset manager and investment adviser to the Company’s Dekania Europe III CDO. CCFL also carried out certain of the Company’s Capital Markets business segment activities in Europe including brokerage, advisory, and new issue services. During 2020, no no April 2022. 5. CCFESA is regulated by the Autorite de Controle Prudentiel et de Resolution ("ACPR"), performs asset management and capital market activities in France and the European Union. 6. CCFEL was regulated by Central Bank of Ireland (“CBI”), and performed asset management and capital markets activities in Ireland and the European Union. In 2021, December 31, 2022, no 7. Cohen & Compagnie SAS (formerly Cohen Fréres SAS), the Company’s French subsidiary, acts as a credit research adviser to DCM and CCFESA in analyzing the creditworthiness of insurance companies and financial institutions in Europe with respect to all assets included in the Dekania Europe CDOs and certain other Investment Vehicles. 8. SPAC Sponsor Entities: A series of LLC's set up to pool investor funds and invest in private placements of Company sponsored special purpose acquisition companies ("SPACs"). See note 4. 

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Basis of Accounting [Text Block]	2.  The accounting and reporting policies of the Company conform to U.S. GAAP. Certain prior period amounts have been reclassified to conform to the current period presentation. CORRECTION OF AN IMMATERIAL ERROR IN PREVIOUSLY ISSUED FINANCIAL STATEMENTS During the three March 31, 2022, December 31, 2021 December 31, 2021 1 The balance sheet amounts shown below are as of December 31, 2021. December 31, 2021. Balance Sheet As Stated Revised Change Deferred income taxes $ 9,468 $ 11,513 $ 2,045 Accounts payable and other liabilities 22,701 22,819 118 Accumulated deficit (9,730 ) (9,204 ) 526 Non-controlling interest $ 88,091 $ 89,492 $ 1,401 Income Statement Income tax expense (benefit) $ (1,614 ) $ (3,541 ) $ (1,927 ) Net Income (loss) 72,111 74,038 1,927 Net Income attributable to non-controlling interests 60,829 62,230 1,401 Net income (loss) attributable to Cohen & Company Inc. $ 11,282 $ 11,808 $ 526 Basic Earnings Per Share $ 9.50 $ 9.95 $ 0.45 Diluted Earnings Per Share $ 7.48 $ 7.83 $ 0.35

Note 3 - Summary of Significant

Note 3 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Significant Accounting Policies [Text Block]	3.  A. Principles of Consolidation  The consolidated financial statements reflect the accounts of Cohen & Company Inc. and its subsidiaries that are required to be consolidated under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810, Consolidation 810”  The Company consolidates the Operating LLC, which is its main operating subsidiary and through which it carries out nearly all of its activities. With the exception of the junior subordinated notes included as a component of debt and the deferred tax liability, nearly all of the assets and liabilities included in the Company’s consolidated balance sheet are owned by the Operating LLC or its consolidated subsidiaries. In addition, with the exception of interest expense related to the junior subordinated notes and corporate tax expense, nearly all revenues, expenses, gains, and losses recognized in the consolidated statement of operations are generated by the Operating LLC or its consolidated subsidiaries.  As of December 31, 2018, 2019 December 31, 2022 2021 50%, 50% December 31, 2022, 2021, 2020, 2019. 21, 31.  B. Use of Estimates  The preparation of financial statements in conformity with U.S. GAAP requires management to make assumptions and estimates that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. C. Adoption of New Accounting Standards  In June 2016, 2016 13, Financial Instruments—Credit Losses (Topic 326 not not not not not 326 20 35 6 zero no 2016 13 January 1, 2020. In January 2017, 2017 04, Intangibles Goodwill and Other (Topic 350 Impairment 2 not 2017 04 January 1, 2020. twelve December 31, 2020. 13. not 2017 04. In August 2018, 2018 13, Fair Value Measurement (Topic 820 820, 3 3 December 15, 2019. 2018 13, January 1, 2020, not In October 2018, 2018 17, Consolidation (Topic 810 for Variable Interest Entities December 15, 2019 2018 17, January 1, 2020, not  In November 2018, 2018 18, Collaborative Arrangements (Topic 808 Between Topic 808 606 not 2018 18, January 1, 2020, not In November 2019, 2019 08, Compensation – Stock Compensation (Topic 718 606 718, Compensation—Stock Compensation 2019 08, January 1, 2020, not  In December 2019, 2019 12, Income Taxes (Topic 740 Simplifying the Accounting for Income Taxes. 740 2019 12, January 1, 2021, not In January 2020, 2020 01, Investments—Equity Securities (Topic 321 323 815 321, 323, 815 321 2020 01, January 1, 2021, not In March 2020, 2020 04 , Reference Rate Reform (Topic 848 January 2021 2021 01 Reference Rate Reform (Topic 848 December 31, 2022. In December 2022, 2022 06 Topic 848 ) and deferred the sunset date from December 31, 2022 December 31, 2024. 2020 04 2021 01, March 12, 2020, not 20. In October 2020, 2020 08, Codification Improvements to Subtopic 310 20, 310 20 35 33 2020 08, January 1, 2022, not In October 2020, 2020 10 Codification Improvements. 2020 10, January 1, 2022, not In May 2021, 2021 04, Earnings Per Share (Topic 260 Modifications and Extinguishments (Subtopic 470 50 718 Contracts in Entity's Own Equity (Subtopic 815 40 Issuer's Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options. not 1 2 3 2021 04, January 1, 2022, not In October 2021, 2021 08, Business Combinations (Topic 805 606 not 2021 08, January 1, 2022, not In October 2021, 2021 10, Government Assistance (Topic 832 2021 10, January 1, 2022, not D. Cash and Cash Equivalents  Cash and cash equivalents consist of cash and short-term, highly liquid investments that have original maturities of three not  E. Financial Instruments  The Company accounts for its investment securities at fair value under various accounting literature including FASB ASC 320, Investments — Debt and Equity Securities 320” , 825, Financial Instruments 825” 946 , Financial Services-Investment Companies 946” 940 320, Proprietary Trading Securities 940 320" .  Certain of the Company’s assets and liabilities are required to be measured at fair value. For those assets and liabilities, the Company determines fair value according to the fair value measurement provisions included in ASC 820, Fair Value Measurements and Disclosures 820” 820 not 820 three 1, 2, 3 In addition, the Company has elected to account for certain of its other financial assets at fair value under the fair value option provisions included in ASC 825. not 9  For financial instruments held by JVB, the Company accounts for them under ASC 940 320. 940 320 940 320 320 940 320 not  For financial instruments held outside of JVB, the Company accounts for them under ASC 320. 320 320 825 320 No 825,  When the Company acquires an investment for the purpose of earning a return rather than to support the Company’s trading or matched book repo operations, the Company classifies that investment as either other investments, at fair value or other investments sold, not not  When the Company acquires an investment that is required to be accounted for under the equity method, the Company will elect the fair value option when the fair value of the investment is either readily determinable or is eligible to be accounted for at NAV under the practical expedient of ASC 946. not 12.  The determination of fair value is based on either quoted market prices of an active exchange, independent broker market quotations, market price quotations from third third  Also, from time to time, the Company may may 810 . 18.  Investments-Trading  Unrealized and realized gains and losses on securities classified as investments-trading are recorded in net trading in the consolidated statements of operations.  Trading Securities Sold, Not  Trading securities sold, not may not Other Investments, at Fair Value  All gains and losses (unrealized and realized) from securities classified as other investments, at fair value in the consolidated balance sheets are recorded as a component of principal transactions and other income in the consolidated statements of operations.  Other investments sold, not Other investments sold, not not may not F. Derivative Financial Instruments  FASB ASC 815, Derivatives and Hedging 815” not 815.  All of the derivatives that the Company enters into contain master netting arrangements. If certain requirements are met, the offsetting provisions included in FASB ASC 210, Balance Sheet 210” not 210 not  Derivative financial instruments are recorded at fair value. If the derivative was entered into as part of the Company’s broker-dealer operations, it will be included as a component of investments-trading or trading securities sold, not not  The Company may, may  TBAs are forward contracts to purchase or sell MBS whose collateral remain “to be announced” until just prior to the trade settlement. In addition to TBAs, the Company sometimes enters into forward purchases or sales of agency MBS where the underlying collateral has been identified. These transactions are referred to as other forward agency MBS contracts. TBAs and other forward agency MBS contracts are accounted for as derivatives by the Company under ASC 815. not  In addition to TBAs and other forward agency MBS contracts as part of the Company’s broker-dealer operations, the Company may not not  Derivatives involve varying degrees of off-balance sheet risk, whereby changes in the level or volatility of interest rates or market values of the underlying financial instruments may 10.  G. Receivables from and payables to brokers, dealers, and clearing agencies  Receivables from brokers, dealers, and clearing agencies may may 2016 13, may not not 6.  H. Furniture, Equipment, and Leasehold Improvements, Net  Furniture, equipment, and leasehold improvements are stated at cost, less accumulated depreciation and amortization, and are included as a component of other assets in the consolidated balance sheets. Furniture and equipment are depreciated on a straight-line basis over their estimated useful life of 3 to 5 years. Leasehold improvements are amortized over the lesser of their useful life or lease term, which generally ranges from 5 to 10 years. See note 16.  I. Goodwill and Intangible Assets with Indefinite Lives  Goodwill represents the amount of the purchase price in excess of the fair value assigned to the individual assets acquired and liabilities assumed in various acquisitions completed by the Company. See note 13. 350, 350” not  The Company measures its goodwill for impairment on an annual basis or when events indicate that goodwill may not  The Company includes intangible assets comprised primarily of its broker-dealer licenses in other assets on its consolidated balance sheets that it considers to have indefinite useful lives. The Company reviews these assets for impairment on an annual basis.  J. Variable Interest Entities  ASC 810 not  Once it is determined that the Company holds a variable interest in a VIE, ASC 810 18  K. Collateralized Securities Transactions  The Company may  In the case of reverse repurchase agreements, the Company generally takes possession of securities as collateral. Likewise, in the case of repurchase agreements, the Company is required to provide the counterparty with securities as collateral.  In certain cases, a repurchase agreement and a reverse repurchase agreement may 210 not  ASC 210  The Company classifies reverse repurchase agreements as a separate line item within the assets section of the Company’s consolidated balance sheets. The Company classifies repurchase agreements as a separate line item within the liabilities section of the Company’s consolidated balance sheets.  In the case of reverse repurchase agreements, if the counterparty is unable or unwilling to fulfill its obligation to repurchase the collateral securities at maturity, the Company can sell the collateral securities to repay the obligation. However, the Company is at risk that it may may  In the case of repurchase agreements, if the counterparty makes a margin call and the Company is unable or unwilling to meet the margin call, the counterparty can sell the securities to repay the obligation. The Company is at risk that the counterparty may may  In general, reverse repurchase agreements and repurchase agreements allow each counterparty to re-pledge or resell the collateral securities to other counterparties. See note 11.  L. Debt  Debt is recorded at its face amount, less any discount or plus any premium. Debt issuance costs are included as a component of discount on debt. Any discount on debt is amortized as a component of interest expense using the effective interest method. The Company has not 825. 20.  M. Redeemable Financial Instruments  Redeemable financial instruments are investments made in the Operating LLC or other operating subsidiaries. These investments entitle the holder to an investment return that is variable and is based on the operating results of certain business units of the Company. These investments can be redeemed by the Company under certain circumstances or the holder may no 19 31.  N. Revenue Recognition  Net trading  Net trading includes: (i) all gains, losses, interest income, dividend income, and interest expense from securities classified as investments-trading and trading securities sold, not no 10. not third third  Asset management  Asset management revenue consists of management fees earned from Investment Vehicles. In the case of CDOs, the fees earned by the Company generally consist of senior, subordinated, and incentive fees. The senior asset management fee is generally senior to all the securities in the CDO capital structure and is recognized on a monthly basis as services are performed. The senior asset management fee is generally paid on a quarterly basis. The subordinated asset management fee is an additional payment for the same services but has a lower priority in the CDO cash flows. If the CDO experiences a certain level of asset defaults and deferrals, these fees may not no not not five seven not not not  New issue and advisory  New issue and advisory revenue include: (i) new issue revenue associated with originating, arranging, or placing newly created financial instruments, (ii) revenue from advisory services, and (iii) new issue revenue associated with arranging the issuance of and placing newly created financial instruments. New issue and advisory revenue is recognized when the Company’s performance obligations have been satisfied and payment is earned and collectability is reasonably assured. Principal transactions and other income  Principal transactions include all gains, losses, and income from financial instruments classified as other investments, at fair value and other investments sold, not  Investments classified as other investments, at fair value and other investments sold, not third third Other income /(loss) includes foreign currency gains and losses, interest earned on cash and cash equivalents, interest earned and losses incurred on notes receivable, and other miscellaneous income including revenue from revenue sharing arrangements.  O. Interest Expense, net  Interest expense incurred, other than interest income and expense included as a component of net trading is recorded on an accrual basis and presented in the consolidated statements of operations as a separate non-operating expense. See notes 19 20.  P. Leases  The Company leases office space, certain computer and related equipment and a vehicle under a non-cancelable operating lease. From time to time, the Company sub-leases office space to other tenants. Under the requirements of ASC 842, no  Q. Non-Controlling Interest  The equity interests of any consolidated subsidiary that are not 21.   R. Equity-Based Compensation  The Company accounts for equity-based compensation issued to its employees using the fair value-based methodology prescribed by the provisions related to share-based payments included in FASB ASC 718, Compensation-Stock Compensation 718” three 718. First, the Company may no Second, the Company may no Third, employees may 718. not no S. Accounting for Income Taxes  Cohen & Company Inc. is treated as a C corporation for United States federal and state income tax purposes. The Company’s voting-controlled subsidiary, the Operating LLC, is treated as a pass-through entity for U.S. federal income tax purposes and in most of the states in which it does business. However, in the periods presented, the Operating LLC or its subsidiaries have been subject to entity level income taxes in certain foreign jurisdictions as well as New York City and Philadelphia.  The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, deferred tax assets and liabilities are determined based on the differences between the U.S. GAAP and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date.  The Company records net deferred tax assets to the extent the Company believes these assets will more likely than not 23  The Company’s policy is to record penalties and interest as a component of income tax expense (benefit) in the consolidated statements of operations.  T. Other Comprehensive Income / (Loss)  The Company reports the components of comprehensive income / (loss) within the consolidated statements of operations and comprehensive income / (loss). Comprehensive income / (loss) includes net income / (loss) from foreign translation adjustment.  U. Earnings / (Loss) Per Common Share  In accordance with FASB ASC 260, Earnings Per Share 260” not 26  V. Business Concentration  A significant portion of the Company’s asset management revenues in a year may December 31, 2022 Other than revenue earned in its matched book repo operations, the Company’s trading revenue is generated from transactions with a diverse set of institutional customers. The Company does not 11  W. Fair Value of Financial Instruments  The following methods and assumptions were used by the Company in estimating the fair value of its financial instruments. These determinations were based on available market information and appropriate valuation methodologies. Considerable judgment is required to interpret market data to develop the estimates and, therefore, these estimates may not may 9  Cash equivalents 1  Investments-trading third not  Other investments, at fair value not  Receivables under resale agreements 2  Trading securities sold, not third not  Other investments, sold not not Securities sold under agreement to repurchase one 2 Redeemable financial instruments 3 Debt December 31, 2022 2021 3  Derivatives may not 10 11. third X. The Company invested in the sponsor entities of SPACs. Sponsor entities are limited liability companies (each an "LLC") that pool their members' interests and invest in the private placement of a SPAC. The SPAC will also raise funds in a public offering and seek to complete a business combination within an agreed upon time frame. The SPAC will use the proceeds raised from the private placement to pay transaction and operating expenses during the period it is seeking a business combination. The proceeds of the public offering are placed in an interest bearing trust and can only be used to complete the business combination. Generally, the public investors must approve any business combination prior to its effectiveness. If a business combination is not may • The sponsor entities are LLCs that give all important decision making rights to their respective managing member. Furthermore, the other members of the LLC cannot replace the managing member. Accordingly, the Company has concluded that the sponsor entities are VIEs and the managing member has the power to direct its most important economic activities. In all cases where the Company was a the managing member of a sponsor entity, it has also had a significant economic interest in such sponsor entity and therefore consolidates such sponsor entity. • In all cases where the Company had consolidated a sponsor entity, it has determined that the sponsor entity's private placement investment in the SPAC that it sponsors should be treated as an equity method investment during the SPAC's pre-business combination period. Furthermore, because of the difficulty of determining the fair value of such an investment in the SPAC's pre-business combination period, the Company has chosen to not • If a SPAC completed its business combination, the sponsor entity's investment in the SPAC was converted to a combination of unrestricted and restricted shares in the post-business combination SPAC. At this point (assuming the Company consolidated the sponsor entity), the Company accounted for the shares received at fair value. It reclassified any remaining equity method investment to other investments, at fair value and recorded principal transactions income for the difference. The Company recorded non-controlling interest expense for the SPAC shares that were distributable to the non-controlling interest holders of the sponsor entity. The fair value of the unrestricted shares received is equal to the public trading price of the SPAC on the date of the business combination. The fair value of the restricted shares received was adjusted downwards from the public trading price for certain sale restrictions imposed (generally, they are restricted for sale for some time period and subject to certain hurdle prices before they became freely tradeable). The Company uses a Monte Carlo simulation model to determine the appropriate discount to place on shares that are subject to hurdle prices. In the case of a SPAC business combination where the Company consolidated the sponsor entity, generally there is also an equity-based compensation entry to be recorded at the date of the business combination. See equity-based compensation section above. The Company will continue to mark the sponsor entity's investment in the SPAC to market and record principal transactions income or loss and offsetting non-controlling interest income or expense until the sponsor entity itself distributes all of the SPAC shares it owns to its members and liquidates. At that point, the Company held the SPAC shares directly (rather than through a consolidated subsidiary) and recorded principal transaction income and loss until the SPAC shares were liquidated. • The Company also invested in sponsor entities that it does not not not not • If a SPAC completed a business combination and the Company had an equity method investment in the associated sponsor entity, upon completing a business combination, the sponsor entity recorded income equal to the difference between the fair value of the restricted and unrestricted shares it received and the carrying value of its equity method investment in the SPAC. The Company recognized its share of this gain as income from equity method affiliates. The sponsor entity continued to mark its investment in the SPAC to market after the business combination and the Company recognized its share of the change in fair value as income or loss from equity method affiliates. Once the sponsor entity distributed the Company's share of the SPAC shares it owned, the Company reclassified its investment from investment in equity method affiliate to other investments, at fair value as the Company held the SPAC shares directly (rather than through an equity method investee). The Company then recorded principal transactions income and loss until the SPAC shares are liquidated. • If a SPAC liquidated and the Company had an investment in it (either directly in the case of consolidated sponsor entities or indirectly in the case of equity method sponsor entities), the Company wrote off its remaining equity method balance and recorded a loss on its equity method investment. In the case of consolidated sponsor entities, the Company recorded an offsetting entry to non-controlling interest.  Y. Recent Accounting Developments In August 2020, 2020 06, Debt—Debt with Conversion and Other Options (Subtopic 470 20 815 40 December 15, 2023, may In March 2022, 2022 02, Financial Instruments Credit Losses (Topic 326 December 15, 2022, not In June 2022, 2022 03, Fair Value Measurement (Topic 820 Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions not not December 15, 2023. may

Note 4 - Other Recent Business

Note 4 - Other Recent Business Transactions or Events	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Other Events [Text Block]	4. Conversion of the 2017 On March 10, 2017, "2017 March 20, 2022, 2017 2017 2017 20. Pursuant to the DGC Trust’s governing documents, Daniel G. Cohen has the ability to acquire at any time any of the DGC Trust’s assets, including the units of membership interests, by substituting other property of an equivalent value without the approval or consent of any person, including any trustee or beneficiary of the DGC Trust. See Notes 21 31. The 2020 Senior Note On January 31, 2022, January 31, 2020, Pursuant to the Original Purchase Agreement, JKD Investor and RNCS each purchased a senior promissory note in the principal amount of $2,250 (for an aggregate investment of $4,500). The senior promissory notes bore interest at a fixed rate of 12% January 31, 2022, 2022 2020 20 31. Commercial Real Estate Opportunities ("CREO") JV On September 3, 2021, The CREO JV was formed for the purposes of investing in primarily multi-family commercial real estate mortgage-backed loans and below-investment-grade rated tranches in CRE CLOs collateralized by mostly transitional commercial real estate mortgage-backed loans. “CRE CLO” means any pooling of commercial real estate mortgage-backed loans into a collateralized loan obligation. The commercial real estate loans that will be funded by the CREO JV may may may The Company elected the fair value option in accordance with the provisions of ASC 820 946 15 2, 820 December 31, 2022, Wind Down of the Company's GCF Repo Business During the years 2017 2021, October 2021, December 31, 2021, 11. INSU Acquisition Corp III ("Insurance SPAC III") The Operating LLC was the manager of Insurance Acquisition Sponsor III, LLC (“IAS III”) and Dioptra Advisors III, LLC (together with IAS III, the “Insurance SPAC III Sponsor Entities”). The Insurance SPAC III Sponsor Entities were sponsors of INSU Acquisition Corp. III ("Insurance SPAC III"). On December 22, 2020, one one third one one first 24 The Operating LLC loaned to Insurance SPAC III approximately $71 to cover IPO expenses, which was repaid in full at the closing of the IPO. IAS III and its affiliates, including the Operating LLC, committed to loan Insurance SPAC III up to an additional $1,500 to cover operating and acquisition related expenses following the IPO, of which $960 was borrowed by Insurance SPAC III. See notes 31 32. no not no On November 18, 2022, not December 22, 2022, December 22, 2022, In order to provide for the disbursement of funds from the trust account, Insurance SPAC III instructed the trustee of the trust account to take all necessary actions to liquidate the securities held in the trust account. The proceeds of the trust account were held in a non-interest bearing account while awaiting disbursement to the holders of the Public Shares. Record holders will receive their pro rata no As a result of the liquidation of Insurance SPAC III, the Company recorded an equity method loss of $5,896 for the year ended December 31, 2022,

Note 5 - Net Trading

Note 5 - Net Trading	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Trading Activities [Text Block]	5.  Net trading consisted of the following in the periods presented.  NET TRADING (Dollars in Thousands) For the Year Ended December 31, 2022 2021 2020 Net realized gains / (losses)- trading inventory $ 12,583 $ 21,103 $ 31,269 Net unrealized gains / (losses)-trading inventory (2,463 ) (3,069 ) 2,076 Gains and losses 10,120 18,034 33,345 Interest income-trading inventory 2,888 5,958 7,759 Interest income-reverse repos 47,023 78,064 92,389 Interest income 49,911 84,022 100,148 Interest expense-repos (31,021 ) (40,269 ) (65,030 ) Interest expense-LegacyTexas Credit Facility - - (39 ) Interest expense-margin payable (2,680 ) (706 ) (1,134 ) Interest expense (33,701 ) (40,975 ) (66,203 ) Other trading revenue 13,679 8,304 6,321 Net trading $ 40,009 $ 69,385 $ 73,611 Trading inventory includes investments classified as investments-trading as well as trading securities sold, not 6. 11.

Note 6 - Receivables from and P

Note 6 - Receivables from and Payables to Brokers, Dealers, and Clearing Agencies	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Due to and from Broker-Dealers and Clearing Organizations Disclosure [Text Block]	6.  Amounts receivable from brokers, dealers, and clearing agencies consisted of the following.    RECEIVABLES FROM BROKERS, DEALERS, AND CLEARING AGENCIES (Dollars in Thousands) As of December 31, 2022 2021 Deposits with clearing organizations $ 250 $ 250 Unsettled regular way trades, net - 2,827 Receivable from clearing organizations 140,683 65,315 Receivables from brokers, dealers, and clearing agencies $ 140,933 $ 68,392  Amounts payable to brokers, dealers, and clearing agencies consisted of the following.    PAYABLES TO BROKERS, DEALERS, AND CLEARING AGENCIES (Dollars in Thousands) As of December 31, 2022 2021 Unsettled regular way trades, net $ 3,238 $ - Margin payable 131,747 160,896 Payables to brokers, dealers, and clearing agencies $ 134,985 $ 160,896 Deposits with clearing organizations represent contractual amounts the Company is required to deposit with its clearing agents.  Securities transactions that settle in the regular way are recorded on the trade date, as if they had settled. The related amounts receivable and payable for unsettled securities transactions are recorded net in receivables from or payables to brokers, dealers, and clearing agencies on the Company’s consolidated balance sheets. The related amounts receivable and payable for unsettled securities transactions are recorded net in receivables from or payables to brokers, dealers, and clearing agencies on the Company’s consolidated balance sheets. Receivables from clearing organizations are primarily comprised of cash received by the Company upon execution of short trades that is restricted from withdrawal by the clearing agent.  Margin payable represents amounts borrowed from Pershing, LLC and Cantor Fitzgerald to finance the Company’s trading portfolio. See note 5 8.

Note 7 - Other Receivables

Note 7 - Other Receivables	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	7.  Other receivables consisted of the following.    OTHER RECEIVABLES (Dollars in Thousands) As of December 31, 2022 2021 Asset management fees receivable $ 936 $ 962 New issue fees receivable 167 - Cash collateral due from repo and/or reverse repo counterparties 4,301 - Accrued interest receivable 2,561 1,394 Revenue share receivable 138 108 Agency repo income receivable 806 419 Miscellaneous other receivables 618 320 Other receivables $ 9,527 $ 3,203 Asset management fees receivable are of a routine and short-term nature. These amounts are generally accrued monthly and paid on a monthly or quarterly basis. New issue fees receivable represents fees due for new issue and advisory services. When the Company enters into a reverse repo, the Company obtains collateral in excess of the principal of the reverse repo. The Company accepts collateral in the form of liquid securities or cash. If the value of the securities the Company receives as collateral increases, the Company’s reverse repo counterparties may When the Company enters into repo transactions, the Company provides collateral to the Company’s repo counterparties in excess of the principal balance of the repo. The Company’s counterparties accept collateral in the form of liquid securities or cash. To the extent the Company provides the collateral in cash, the Company includes it as a component of other receivables (cash due from counterparties). Accrued interest receivable represents interest and dividends accrued on the Company’s investment securities included as a component of investments-trading or other investments, at fair value. Interest payable on securities sold, not Revenue share receivable represents the amount due to the Company for the Company’s share of a revenue arrangement generated from an entity in which the Company receives a share of the entity’s revenue. Agency repo income receivable represents income receivable on gestation repo trades. See note 11. Miscellaneous other receivables are receivables that are of a short-term nature. 

Note 8 - Financial Instruments

Note 8 - Financial Instruments	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Financial Instruments Disclosure [Text Block]	8.  Investments—Trading  Investments-trading consisted of the following.  INVESTMENTS - TRADING (Dollars in Thousands) As of December 31, 2022 2021 U.S. Treasury securities $ 12,392 $ - U.S. government agency MBS and CMOs 97,276 134,093 U.S. government agency debt securities 19,683 22,373 RMBS 7 9 Residential mortgage loans 13,506 - ABS 1 1 Corporate bonds and redeemable preferred stock 44,572 45,519 Foreign government bonds - 467 Municipal bonds 19,502 18,841 Certificates of deposit - 169 Derivatives 4,669 1,275 Equity securities 220 1,118 Investments-trading $ 211,828 $ 223,865 Substantially all of the Company's investments-trading serve as collateral for the Company's margin loan payable. See note 6. Trading Securities Sold, Not  Trading securities sold, not   TRADING SECURITIES SOLD, NOT (Dollars in Thousands) As of December 31, 2022 2021 U.S. Treasury securities $ 71,386 $ 29,513 U.S. government agency MBS and CMOs 1 1 U.S. government agency debt securities 32 - Corporate bonds and redeemable preferred stock 61,310 32,574 Derivatives 1,177 424 Equity securities 51 - Trading securities sold, not yet purchased $ 133,957 $ 62,512 The Company manages its exposure to changes in interest rates for the interest rate sensitive securities it holds by entering into offsetting short positions for similar fixed rate securities. See note 5 not Other Investments, at Fair Value  Other investments, at fair value consisted of the following.  OTHER INVESTMENTS, AT FAIR VALUE (Dollars in Thousands) As of December 31, 2022 2022 2021 Equity securities $ 13,725 $ 27,104 Restricted equity securities 3,135 17,078 Corporate bonds and redeemable preferred stock 476 476 CREO JV 6,568 5,830 U.S. Insurance JV 3,459 3,450 SPAC Fund 527 1,980 Residential loans 132 115 Other investments, at fair value $ 28,022 $ 56,033 A total of $1,673 and $15,563 of the amounts shown in other investments, at fair value above serve as collateral for the Company's margin loan payable for the years ended December 31, 2022 2021, 6. OTHER INVESTMENTS SOLD, NOT (Dollars in Thousands) As of December 31, 2022 2022 2021 Equity securities $ 78 $ 2,488 Other investments sold, not yet purchased $ 78 $ 2,488

Note 9 - Fair Value Disclosures

Note 9 - Fair Value Disclosures	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	9.  Fair Value Option  The Company has elected to account for certain of its other financial assets at fair value under the fair value option provisions of ASC 825.  Such financial assets accounted for at fair value include:  • securities that would otherwise qualify for available for sale treatment; • investments in equity method affiliates that have the attributes in ASC 946 10 15 2 • investments in residential loans.  The changes in fair value (realized and unrealized gains and losses) of these instruments for which the Company has elected the fair value option are recorded in principal transactions and other income in the consolidated statements of operations. All of the investments for which the Company has elected the fair value option are included as a component of other investments, at fair value in the consolidated balance sheets. The Company recognized net gains (losses) of ($30,914) , $35,421, and $43,413, related to changes in fair value of investments that are included as a component of other investments, at fair value during the years ended December 31, 2022 2021 2020 not December 31, 2022 2021 2020  Fair Value Measurements  In accordance with ASC 820, three 1 3 three 820  Level 1 Financial assets and liabilities whose values are based on unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.  Level 2 Financial assets and liabilities whose values are based on one  1. Quoted prices for similar assets or liabilities in active markets; 2. Quoted prices for identical or similar assets or liabilities in non-active markets;  3. Pricing models whose inputs are derived, other than quoted prices, and are observable for substantially the full term of the asset or liability; or 4. Pricing models whose inputs are derived principally from or corroborated by observable market data through correlation or other means for substantially the full term of the asset or liability.  Level 3 Financial assets and liabilities whose values are based on prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable. These inputs reflect management’s own assumptions about the assumptions a market participant would use in pricing the asset or liability.  In certain cases, the inputs used to measure fair value may  Both observable and unobservable inputs may 3 3 may  The following tables present information about the Company’s assets and liabilities measured at fair value as of December 31, 2022 2021  FAIR VALUE MEASUREMENTS ON A RECURRING BASIS As of December 31, 2022 (Dollars in Thousands) Significant Significant Quoted Prices in Other Observable Unobservable Active Markets Inputs Inputs Assets Fair Value (Level 1) (Level 2) (Level 3) Investments-trading: U.S. Treasury securities $ 12,392 $ 12,392 $ - $ - U.S. government agency MBS and CMOs 97,276 - 97,276 - U.S. government agency debt securities 19,683 - 19,683 - RMBS 7 - 7 - Residential mortgage loans 13,506 - 13,506 - ABS 1 - 1 - Corporate bonds and redeemable preferred stock 44,572 - 44,572 - Municipal bonds 19,502 - 19,502 - Derivatives 4,669 - 4,669 - Equity securities 220 220 - - Total investments - trading $ 211,828 $ 12,612 $ 199,216 $ - Other investments, at fair value: Equity securities $ 13,725 13,725 $ - $ - Restricted equity securities 3,135 3,135 - Corporate bonds and redeemable preferred stock 476 - 476 - Residential loans 132 - 132 - 17,468 $ 13,725 $ 3,743 $ - Investments measured at NAV (1) 10,554 Total other investments, at fair value $ 28,022 Liabilities Trading securities sold, not yet purchased: U.S. government agency MBS and CMOs $ 1 $ - $ 1 $ - U.S. government agency debt securities 32 - 32 - U.S. Treasury securities 71,386 71,386 - - Corporate bonds and redeemable preferred stock 61,310 - 61,310 - Derivatives 1,177 - 1,177 - Equity securities 51 51 - - Total trading securities sold, not yet purchased $ 133,957 $ 71,437 $ 62,520 $ -  Other investments, sold not yet purchased: Equity securities $ 78 $ 78 $ - $ - Total other investments, sold not yet purchased $ 78 $ 78 $ - $ - ( 1 As a practical expedient, the Company uses NAV (or its equivalent) to measure the fair value of its investments in the U.S. Insurance JV, the SPAC Fund, and the CREO JV. The U.S. Insurance JV invests in USD denominated debt issued by small insurance and reinsurance companies. The SPAC Fund invests in equity securities of SPACs. The CREO JV invests in primarily multi-family commercial real estate mortgage-backed loans and below-investment grade rated tranches in CRE CLOs collateralized by mostly transitional commercial real estate mortgage-backed loans. See note 4. 820, not   FAIR VALUE MEASUREMENTS ON A RECURRING BASIS As of December 31, 2021 (Dollars in Thousands) Significant Significant Quoted Prices in Other Observable Unobservable Active Markets Inputs Inputs Assets Fair Value (Level 1) (Level 2) (Level 3) Investments-trading: U.S. government agency MBS and CMOs $ 134,093 $ - $ 134,093 $ - U.S. government agency debt securities 22,373 - 22,373 - RMBS 9 - 9 - ABS 1 - 1 - Corporate bonds and redeemable preferred stock 45,519 - 45,519 - Foreign government bonds 467 - 467 - Municipal bonds 18,841 - 18,841 - Certificates of deposit 169 - 169 - Derivatives 1,275 - 1,275 - Equity securities 1,118 - 1,118 - Total investments - trading $ 223,865 $ - $ 223,865 $ - Other investments, at fair value: Equity securities $ 27,104 $ 27,104 $ - $ - Restricted equity securities 17,078 - 17,078 - Corporate bonds and redeemable preferred stock 476 - 476 - Residential loans 115 - 115 - 44,773 $ 27,104 $ 17,669 $ - Investments measured at NAV (1) 11,260 Total other investments, at fair value $ 56,033 Liabilities Trading securities sold, not yet purchased: U.S. Treasury securities $ 29,513 $ 29,513 $ - $ - U.S. government agency MBS and CMOs 1 1 - - Corporate bonds and redeemable preferred stock 32,574 - 32,574 - Derivatives 424 - 424 - Total trading securities sold, not yet purchased $ 62,512 $ 29,514 $ 32,998 $ -  Other investments, sold not yet purchased: Derivatives $ 2,488 $ 2,488 $ - $ - Total other investments, sold not yet purchased $ 2,488 $ 2,488 $ - $ - ( 1 As a practical expedient, the Company uses NAV per share (or its equivalent) to measure the fair value of its investments in the U.S. Insurance JV and the SPAC Fund. The U.S. Insurance JV invests in USD denominated debt issued by small insurance and reinsurance companies. The SPAC Fund invests in equity securities of SPACs. According to ASC 820, not  The following provides a brief description of the types of financial instruments the Company holds, the methodology for estimating fair value, and the level within the valuation hierarchy of the estimate. The discussion that follows applies regardless of whether the instrument is included in investments-trading; other investments, at fair value; or trading securities sold, not U.S. Treasury Securities not 1 U.S. Government Agency MBS and CMOs third third 2  U.S. Government Agency Debt Securities third 1 2  RMBS third third third 2  Residential Mortgage Loans 2  CLOs, CDOs, and ABS may not two two third 2 two 2 two may 3  If quotations are unavailable, prices observed by the Company for recently executed market transactions or valuation models prepared by the Company’s management may 3  Establishing fair value is inherently subjective (given the volatile and sometimes illiquid markets for certain interests in securitizations) and requires management to make a number of assumptions, including assumptions about the future of interest rates, discount rates, and the timing of cash flows. The assumptions the Company applies are specific to each security. Although the Company may third Corporate Bonds and Redeemable Preferred Stock third 2 1  Foreign Government Bonds third 2  Municipal Bonds third third 2 third 3 third  Certificates of Deposit third 2  Residential Loans 2 Equity Securities: 1 2 3 Equity Securities Without Readily Determinable Fair Value not not 321 10 35 2. 1 Restricted Equity Securities 2 not no  Derivatives: TBAs and Other Forward Agency MBS Contracts  The Company generally values these securities using third third 2 3 not 10.  Other Extended Settlement Trades  When the Company buys or sells a financial instrument that will not Equity Derivatives The Company may 1 not 2 10. Foreign Currency Forward Contracts Foreign currency forward contracts are exchange-traded derivatives, which transact on an exchange that is deemed to be active. The fair value of the foreign currency forward contracts is based on current quoted market prices. Valuation adjustments are not 1 9. Investments in Certain Entities that Calculate Net Asset Value Per Share (or its Equivalent)  The following table presents additional information about investments in certain entities that calculate NAV per share (regardless of whether the “practical expedient” provisions of ASC 820 December 31, 2022 2021 FAIR VALUE MEASUREMENTS OF INVESTMENTS IN CERTAIN ENTITIES THAT CALCULATE NET ASSET VALUE PER SHARE (OR ITS EQUIVALENT) (Dollars in Thousands) December 31, 2022 Unfunded Commitments Redemption Frequency Redemption Notice Period Other investments, at fair value CREO JV (a) $ 6,568 $ 8,464 N/A N/A U.S. Insurance JV (b) 3,459 N/A N/A N/A SPAC Fund (c) 527 N/A Quarterly after 1 year lock up 30 days $ 10,554 December 31, 2021 Unfunded Commitments Redemption Frequency Redemption Notice Period Other investments, at fair value CREO JV (a) $ 5,830 $ 9,170 N/A N/A U.S. Insurance JV (b) 3,450 N/A N/A N/A SPAC Fund (c) 1,980 NA Quarterly after 1 year lock up 30 days $ 11,260 N/A – Not  (a) The CREO JV multi-family commercial real estate mortgage-backed loans and below-investment grade rated tranches in CRE CLOs collateralized by mostly transitional commercial real estate mortgage-backed loans. See note 4. (b) The U.S. Insurance JV invests in USD denominated debt issued by small and medium sized insurance and reinsurance companies. (c) The SPAC Fund invests in equity interests of SPACs.

Note 10 - Derivative Financial

Note 10 - Derivative Financial Instruments	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	10.  The Company may, Equity Derivatives A significant portion of the Company’s equity holdings are carried at fair value. The Company hedges a portion of this exposure by entering into equity derivatives such as puts and short call options from time to time. These derivative positions are carried at fair value as a component of other investments, at fair value and other investments sold, not December 31, 2022 December 31, 2021 no may In addition, the Company may not December 31, 2022 December 31, 2021 no The Company also hedges a portion of the exposure from these equity investments by entering into short trades. These short trades are not not 7. TBAs and Other Forward Agency MBS Contracts  The Company enters into TBAs and other forward agency MBS transactions for three  (i) The Company trades U.S. government agency obligations. In connection with these activities, the Company may may (ii) The Company also enters into TBAs and other forward agency MBS contracts in order to assist clients (generally small to mid-size mortgage loan originators) in hedging the interest rate risk associated with the mortgages owned by these clients. (iii) Finally, the Company may  The Company carries the TBAs and other forward agency MBS contracts at fair value and includes them as a component of investments-trading or trading securities sold, not December 31, 2022 December 31, 2021  Other Extended Settlement Trades  When the Company buys or sells a financial instrument that will not December 31, 2022 December 31, 2021 Foreign Currency Forward Contracts  The Company invests in foreign currency denominated investments that expose it to fluctuations in foreign currency rates, and, therefore, the Company may, December 31, 2022 2021 The following table presents the Company’s derivative financial instruments and the amount and location of the fair value (unrealized gain / (loss)) presented in the consolidated balance sheets as of December 31, 2022 2021    DERIVATIVE FINANCIAL INSTRUMENTS-BALANCE SHEET INFORMATION (Dollars in Thousands) As of December 31, Derivative Financial Instruments Not Designated as Hedging Instruments Under ASC 815 Balance Sheet Classification 2022 2021 TBAs and other forward agency MBS Investments-trading $ 4,669 $ 1,275 TBAs and other forward agency MBS Trading securities sold, not yet purchased (1,177 ) (424 ) $ 3,492 $ 851 The following table presents the Company’s derivative financial instruments and the amount and location of the net gain (loss) recognized in the consolidated statement of operations.   DERIVATIVE FINANCIAL INSTRUMENTS-STATEMENT OF OPERATIONS INFORMATION (Dollars in Thousands) For the Year Ended December 31, Derivative Financial Instruments Not Designated as Hedging Instruments Under ASC 815 Income Statement Classification 2022 2021 2020 TBAs and other forward agency MBS Revenues-net trading $ 8,883 $ 7,460 $ 5,219 Equity derivatives Principal transactions and other income - (233 ) 105 $ 8,883 $ 7,227 $ 5,324

Note 11 - Collateralized Securi

Note 11 - Collateralized Securities Transactions	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]	11.  Matched Book Repo Business  The Company enters into repos and reverse repos as part of its matched book repo business. In general, the Company will lend money to a counterparty after obtaining collateral securities from that counterparty pursuant to a reverse repo. The Company will borrow money from another counterparty using the same collateral securities pursuant to a repo. The Company seeks to earn net interest income on these transactions. Until the fourth 2021, two fourth 2021,  Gestation Repo  Gestation repo involves entering into repo and reverse repo transactions where the underlying collateral security represents a pool of newly issued mortgage loans. The borrowers (the reverse repo counterparties) are generally mortgage originators. The lenders (the repo counterparties) are a diverse group of the counterparties comprised of banks, insurance companies, and other financial institutions. The Company self-clears its gestation repo transactions. Gestation trades can be structured in two On Balance Sheet one Agency Repo first three Bankruptcy of Gestation Counterparty As of June 30, 2022, June 30, 2022, June 30, 2022, As of December 31, 2022, During the year ended December 31, 2022, s, $5,244 was r d $210 not In connection with the loss, the Company recorded a reversal of accrued incentive compensation of $1,753. Therefore, the net impact to earnings during the year ended December 31, 2022, GCF Repo In October 2017, November 2017. In October 2021, December 31, 2021. December 31, 2022, In conjunction with the Company’s GCF repo business, on October 19, 2018, 2021. Other Repo Transactions  In addition to the Company’s matched book repo business, the Company may may no Repo Information  At December 31, 2022 2021  At December 31, 2022 2021 Concentration  In the matched book repo business, the demand for borrowed funds is generated by the reverse repo counterparty and the supply of funds is provided by the repo counterparty.  On the demand side, the Company did not  The gestation repo business has been and continues to be concentrated as to reverse repo counterparties. The Company conducts this business with a limited number of reverse repo counterparties. As of December 31, 2022 2021  The total net revenue earned by the Company on its matched book repo business (both gestation and GCF repo) was $17,062, $37,835, and $27,659 for the years ended December 31, 2022 2021 2020  Detail ASC 210 7 17  The following tables summarize the remaining contractual maturity of the gross obligations under repos accounted for as secured borrowings segregated by the underlying collateral pledged as of each date shown. All amounts as well as counterparty cash collateral (see notes 7 17    Secured Borrowings (Dollars in Thousands) December 31, 2022 Repurchase Agreements Remaining Contractual Maturity of the Agreements Collateral Type: Overnight and Continuous Up to 30 days 30 - 90 days Greater than 90 days Total MBS (gestation repo) $ - $ 452,797 $ - $ - $ 452,797 Reverse Repurchase Agreements Remaining Contractual Maturity of the Agreements Collateral Type: Overnight and Continuous Up to 30 days 30 - 90 days Greater than 90 days Total MBS (gestation repo) $ - $ 437,692 $ - $ - $ 437,692       SECURED BORROWINGS (Dollars in Thousands) December 31, 2021 Repurchase Agreements Remaining Contractual Maturity of the Agreements Collateral Type: Overnight and Continuous Up to 30 days 30 - 90 days Greater than 90 days Total MBS (gestation repo) $ - $ 3,171,415 $ - $ - $ 3,171,415 Reverse Repurchase Agreements Remaining Contractual Maturity of the Agreements MBS (gestation repo) $ - $ 3,175,645 $ - $ - $ 3,175,645

Note 12 - Investments in Equity

Note 12 - Investments in Equity Method Affiliates	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Equity Method Investments and Joint Ventures Disclosure [Text Block]	12.  Equity method accounting requires that the Company record its investments in equity method affiliates on the consolidated balance sheets and recognize its share of the equity method affiliates’ net income as earnings each reporting period. The Company elected to use the cumulative earnings approach for the distributions it receives from its equity method investments. Under the cumulative earnings approach, any distributions received up to the amount of cumulative earnings are treated as return on investment and classified in operating activities within the cash flows. Any excess distributions would be considered as return of investments and classified in investing activities. The Company has certain equity method affiliates for which it has elected the fair value option. Those investees are excluded from the table below. Those investees are included as a component of other investments, at fair value in the consolidated balance sheets. All gains and losses (unrealized and realized) from investments classified as other investments, at fair value in the consolidated balance sheets are recorded as a component of principal transactions and other income in the consolidated statement of operations.  The following table summarizes the activities and earnings of the Company’s investments that are accounted for under the equity method. See note 4 31. INVESTMENTS IN EQUITY METHOD AFFILIATES (Dollars in Thousands) Insurance SPACs Dutch Real Estate Entities Other SPAC Sponsor Entities Total January 1, 2020 $ 3,222 $ 577 $ - $ 3,799 Investments / advances 10,325 2,097 300 12,722 Distributions / repayments (84 ) - - (84 ) Earnings / (loss) realized (3,656 ) 638 63 (2,955 ) December 31, 2020 9,807 3,312 363 13,482 Investments / advances - 2,425 5,967 8,392 Distributions / repayments (3,958 ) - (249 ) (4,207 ) Reclasses to (from) - - (5,439 ) (5,439 ) Earnings / (loss) realized (1,306 ) (137 ) 37,453 36,010 December 31, 2021 4,543 5,600 38,095 48,238 Investments / advances 1,355 - 1,259 2,614 Distributions / repayments - - (77 ) (77 ) Reclasses to (from) - - (20,915 ) (20,915 ) Earnings / (loss) realized (5,898 ) (70 ) (14,963 ) (20,931 ) December 31, 2022 $ - $ 5,530 $ 3,399 $ 8,929  The Insurance SPACs represent the Company's consolidated subsidiaries equity method investments in various insurance SPACs. Since 2018, three first March 2019, June 2020, October 2020 October 13, 2020, October 15, 2020, second September 2020 November 2020 February 9, 2021. February 10, 2021, third December 2020 December 2022 4. Dutch Real Estate Entities includes: (i) Amersfoot Office Investment I Cooperatief U. A. (“AOI”), a company based in the Netherlands that invests in real estate, and (ii) CK Capital Partners B.V. (“CK Capital”), a company based in the Netherlands that manages investments in real estate. Other SPAC Sponsor Entities includes both indirect and direct investments in SPAC Sponsor Entities. Several of these SPAC Sponsor Entities are invested in SPACs that have completed their business combinations. Those SPAC Sponsor Entities hold restricted and unrestricted equity interests in the public post-merger entities. Over time, the Company expects these SPAC Sponsor Entities to either (a) liquidate their investments in these companies and distribute to the Company its allocable share of the cash proceeds or (b) to distribute the Company's allocable share of these equity investments in-kind to the Company. The following tables show certain summary financial data of all the Company's equity method investees. These amounts include all equity method investees whether accounted for under the equity method or at fair value. All information is presented on a combined basis. December 31, 2022 December 31, 2021 Total Assets $ 894,858 $ 1,158,081 Liabilities $ 400,927 $ 193,433 Total Equity 493,931 964,648 Total Liabilities & Equity $ 894,858 $ 1,158,081 Year Ended December 31, 2022 2021 2020 Net income/(loss) $ (105,447 ) $ 277,134 $ 21,416 Net income/(loss) attributable to the investee $ (105,460 ) $ 277,134 $ 21,416 

Note 13 - Goodwill

Note 13 - Goodwill	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Goodwill Disclosure [Text Block]	13.  Goodwill is comprised of the following.    GOODWILL (Dollars in Thousands) As of December 31, 2022 2021 AFN $ 109 $ 109 JVB - - Goodwill $ 109 $ 109 The Company measures its goodwill impairment on an annual basis or when events indicate that goodwill may October 1 January 1 JVB Goodwill In March 2020, 19 19 March 2020, 19 19 350. December 31, 2020. AFN Goodwill  The annual impairment testing date for the AFN goodwill is October 1. first October 1, 2010. not 2022 2021 2020 no

Note 14 - Leases

Note 14 - Leases	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	14. As of December 31, 2022   FUTURE MATURITY OF LEASE LIABILITIES (Dollars in Thousands) As of December 31, 2022 2023 $ 2,694 2024 2,165 2025 1,795 2026 1,507 2027 1,515 Thereafter 2,246 Total 11,922 Less imputed interest (1,475 ) Lease obligation $ 10,447 During the twelve December 31, 2022 2021 No

Note 15 - Other Assets

Note 15 - Other Assets	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Other Assets Disclosure [Text Block]	15.  Other assets consisted of the following.   OTHER ASSETS (Dollars in Thousands) As of December 31, 2022 2021 Deferred costs $ 133 $ 240 Prepaid expenses 1,325 1,286 Deposits 450 479 Miscellaneous other assets - 258 Furniture, equipment, and leasehold improvements, net 1,472 1,456 Intangible assets 166 166 Other assets $ 3,546 $ 3,885 Deferred costs and prepaid expenses represent amounts paid for services that are being amortized over their expected period of use and benefit. They are all routine and short-term in nature. Deposits are amounts held by landlords or other parties, which will be returned or offset upon satisfaction of a lease or other contractual arrangement.

Note 16 - Furniture, Equipment,

Note 16 - Furniture, Equipment, and Leasehold Improvements, Net	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	16.  Furniture, equipment, and leasehold improvements, net, which are included as a component of other assets on the consolidated balance sheets, are as follows.    FURNITURE, EQUIPMENT, AND LEASEHOLD IMPROVEMENTS, NET (Dollars in Thousands) As of December 31, Estimated Useful Lives (In Years) 2022 2021 Furniture and equipment 3 to 5 $ 1,672 $ 1,525 Leasehold improvements 5 to 10 1,962 1,545 3,634 3,070 Accumulated depreciation (2,162 ) (1,614 ) Furniture, equipment, and leasehold improvements, net $ 1,472 $ 1,456 For the year ended December 31, 2022  The Company recognized depreciation and amortization expense of $557, $371, and $334, for the years ended December 31, 2022 2021 2020 

Note 17 - Accounts Payable and

Note 17 - Accounts Payable and Other Liabilities	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	17.  Accounts payable and other liabilities consisted of the following.  ACCOUNTS PAYABLE AND OTHER LIABILITIES (Dollars in Thousands) As of December 31, 2022 2021 Accounts payable $ 891 $ 122 Redeemable financial instruments accrued interest - 291 Accrued income tax 70 179 Accrued interest payable 452 558 Accrued interest on securities sold, not yet purchased 1,561 704 Payroll taxes payable 1,565 1,548 Cash collateral held from repo and or reverse repo counterparties 4,301 17,320 Accrued expense and other liabilities 2,599 2,097 Accounts payable and other liabilities $ 11,439 $ 22,819 The redeemable financial instrument accrued interest represents accrued interest on the JKD Capital Partners I LTD redeemable financial instruments. See notes 19 20. When the Company enters into a reverse repo, the Company obtains collateral in excess of the principal of the reverse repo. The Company accepts collateral in the form of liquid securities or cash. To the extent the Company receives cash collateral, the Company includes it as a component of other liabilities in the table above. See note 11. When the Company enters into repo transactions, the Company provides collateral to the Company’s repo counterparty in excess of the principal balance of the repo. If the value of the securities the Company provides as collateral increases, the Company may 11. 

Note 18 - Variable Interest Ent

Note 18 - Variable Interest Entities	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Variable Interest Entity Disclosure [Text Block]	18.  As a general matter, a reporting entity must consolidate a VIE when it is deemed to be the primary beneficiary. The primary beneficiary is the entity that has both (a) the power to direct the matters that most significantly impact the VIE’s financial performance and (b) a significant variable interest in the VIE. Consolidated VIEs The Company determined it was the primary beneficiary of several VIEs and therefore has consolidated them. The following table provides certain summary information regarding the consolidated VIEs: As of December 31, 2022 2021 Cash and cash equivalents $ 19 $ 43 Other investments, at fair value - 9,543 Investment in equity method affiliates 23 33,080 Non-controlling interest (15 ) (29,979 ) Investment in consolidated VIEs $ 27 $ 12,687  The maximum potential loss the Company could incur related to the consolidated VIEs is the investment in consolidated VIEs shown in the table above plus certain obligations the Company has to fund additional working capital to the equity method investees of certain of the consolidated VIEs. The total amount of working capital commitment was $0 and $810 as of December 31, 2022 2021 The Company’s Principal Investing Portfolio  Included in other investments, at fair value and investment in equity method affiliates in the consolidated balance sheets are unconsolidated investments in several VIEs. In each case, the Company determined that it was not December 31, 2022 2021 not December 31, 2022 2021 December 31, 2022 2021   For each investment management contract entered into by the Company, the Company assesses whether the entity being managed is a VIE and if the Company is the primary beneficiary. Certain of the Investment Vehicles managed by the Company are VIEs. Under the current guidanc e of FASB AS 2015 12, not no not  The Company’s Trading Portfolio  From time to time, the Company may not not not two not  The following table presents the carrying amounts of the assets in the Company’s consolidated balance sheets related to the Company’s variable interests in identified VIEs with the exception of (i) the two trust VIEs that hold the Company’s junior subordinated notes (see note 20 not December 31, 2022 2021   CARRYING VALUE OF VARIABLE INTERESTS IN NON-CONSOLIDATED VARIABLE INTEREST ENTITIES (Dollars in Thousands) As of December 31, 2022 2021 Other investments, at fair value $ 10,554 $ 11,260 Investments in equity method affiliates 3,376 5,015 Maximum Exposure $ 13,930 $ 16,275 

Note 19 - Redeemable Financial

Note 19 - Redeemable Financial Instruments	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Other Liabilities Disclosure [Text Block]	19.  Redeemable financial instruments consisted of the following.  REDEEMABLE FINANCIAL INSTRUMENTS (Dollars in Thousands) As of December 31, 2022 2021 JKD Investor $ 7,868 $ 7,957 $ 7,868 $ 7,957 JKD Capital Partners I LTD Amendment  On October 3, 2016, January 2017, January 9, 2019.  In exchange for the JKD Investment, the Operating LLC agreed to pay to JKD Investor during the term of the JKD Investment Agreement an amount (“JKD Investment Return”) equal to 50% of the difference between (i) the revenues generated during a quarter by the activities of the Institutional Corporate Trading Business of JVB (as defined in the JKD Investment Agreement, as amended) and (ii) certain expenses incurred by such Institutional Corporate Trading Business (the “Institutional Corporate Trading Business Net Revenue”). This JKD Investment Return is recorded monthly as interest expense or (interest income) with the related accrued interest recorded in accounts payable and other accrued liabilities. If the return is negative in an individual quarter, it will reduce the balance of the JKD Investment. Payments of the JKD Investment Return are made on a quarterly basis. The term of the JKD Investment Agreement commenced on October 3, 2016  On March 6, 2019,  (a) during the fourth 2018, (b) commencing on January 1, 2019  The JKD Investor may may Upon a termination of the JKD Investment Agreement, as amended, the Operating LLC will pay to the JKD Investor an amount equal to the “Investment Balance” (as such term is defined in the JKD Investment Agreement, as amended) as of the day prior to such termination. At any time following October 3, 2019, may, two  If the Operating LLC or JVB sells JVB’s Institutional Corporate Trading Business to any unaffiliated third not DGC Trust/ CBF Amendments Prior to September 30, 2019, two The CBF Investment Agreement and the DGC Trust Investment Agreement were both amended on September 25, 2019 December 4, 2019, October 1, 2019. (a) The term “Investment Amount” under the CBF Investment Agreement was reduced from $8,000 to $6,500 in exchange for a one $1,500 October 2019. (b) The term “Investment Return” under the CBF Investment Agreement was amended to mean an annual return equal to: • for the Annual Period ending on September 29, 2020, x zero $11,777 $11,777. second twelve September 29, 2020 ( x zero $5,333, $5,333 $8,000, $8,000, • for any Annual Period following September 29, 2020, ( x zero (c) The term “Investment Return” under the DGC Trust Investment Agreement was amended to mean an annual return equal to: • for the twelve September 29, 2020, x zero $11,177 $11,177. second x zero $5,333, $5,333, $8,000, $8,000, • for any Annual Period following September 29, 2020, ( x zero  On September 25, 2020, No. 3 September 27, 2020 January 1, 2021, no On September 30, 2020, On October 9, 2020 October 15, 2020, No. 4 one twelve September 29, 2020 zero zero October 15, 2020. March 30, 2021

Note 20 - Debt

Note 20 - Debt	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	20. DETAIL OF DEBT (Dollars in Thousands) As of December 31, Description 2022 2021 Interest Rate Terms Interest (2) Maturity Non-convertible debt: 10.00% senior note (the "2020 Senior Notes") $ 4,500 $ 4,500 Fixed 10.00% January 2024 Contingent convertible debt: 8.00% convertible senior note (the "2017 Convertible Note") - 15,000 Fixed 8.00% March 2023 Less unamortized debt issuance costs - (67 ) - 14,933 Junior subordinated notes (1): Alesco Capital Trust I 28,125 28,125 Variable 8.41% July 2037 Sunset Financial Statutory Trust I 20,000 20,000 Variable 8.88% March 2035 Less unamortized discount (23,601 ) (24,164 ) 24,524 23,961 Byline Bank - - Variable N/A December 2023 Total $ 29,024 $ 43,394 ( 1 The junior subordinated notes listed represent debt the Company owes to the two $49,614. $1,489. not $0. December 31, 2022 ( 2 Represents the interest rate in effect as of the last day of the reporting period.  The 2020 On January 31, 2020, Pursuant to the Original Purchase Agreement, JKD Investor and RNCS each purchased a senior promissory note in the principal amount of $2,250 (for an aggregate investment of $4,500). The senior promissory notes bore interest at a fixed rate of 12% per annum and matured on January 31, 2022. February 3, 2020, September 25, 2019, February 3, 2020. 2019 On January 31, 2022, “2022 2022 $2,250 2020 The Amended and Restated Note evidences Operating LLC’s obligation to repay to JKD Investor (i) the original principal amount of $2,250 $2,250 2022 January 31, 2024; January 31, 2023 January 31, 2024, may, 31 The Amended and Restated Note accrues interest on the unpaid principal amount from January 31, 2022 January 1, April 1, July 1, October 1, April 1, 2022. may not January 31, 2023. may, 31 January 31, 2023 The Amended and Restated Note and the payment of all principal, interest, and any other amounts payable thereunder are senior obligations of the Operating LLC and will be senior to any Indebtedness (as defined in the Amended and Restated Note) of the Operating LLC outstanding as of and issued following January 30, 2020 ( January 31, 2022, may not The 2019 On September 25, 2019, 2013 September 25, 2019. 2013 September 25, 2019 September 25, 2020; 2013 “2019 “2013 September 25, 2020, 2019 September 25, 2020 September 25, 2021. 2019 2019 September 24, 2021. 32. The 2017 On March 10, 2017, “2017 Pursuant to the 2017 “2017 $15,000. March 10, 2017, $15,000 2017 470, 2017 not Under the 2017 Pursuant to the 2017 December 16, 2009, not October 30, 2019, 2017 March 10, 2022 one 2017 March 10, 2022. The 2017 no 2017 $0.20 one one 2017 2017 2017 2017 2017 2017 2017 not 2017 At any time following March 10, 2017, 2017 $1.45 not may, ten one 2017 $14.50. 2017 2017 2017 Following any conversion of the 2017 no 382 1986, June 25, 2007, Under the 2017 2017 2017 2019 September 25, 2020, No. 1 2017 2017 2017 2017 2017 13d 3 2017 2017 On March 20, 2022, 2017 2017 21 31. 2017 Pursuant to the terms and conditions of the Operating LLC’s Amended and Restated Limited Liability Company Agreement, dated December 16, 2009, may one may Pursuant to the DGC Trust’s governing documents, Daniel G. Cohen has the ability to acquire at any time any of the DGC Trust’s assets, including the units of membership interests, by substituting other property of an equivalent value without the approval or consent of any person, including any trustee or beneficiary of the DGC Trust. Junior Subordinated Notes The Company assumed $49,614 aggregate principal amount of junior subordinated notes outstanding at the time of the Merger. The Company recorded the debt at fair value on the acquisition date. Any difference between the fair value of the junior subordinated notes on the Merger date and the principal amount of debt is amortized into earnings over the estimated remaining life of the underlying debt as an adjustment to interest expense. The junior subordinated notes are payable to two 1. Alesco Capital Trust I June 2007. July 30, 2037 may July 30, 2037. 2. Sunset Financial Statutory Trust I ( “ Sunset Financial Trust ” ) March 2005. March 30, 2035. 90 Alesco Capital Trust I and Sunset Financial Trust (collectively, the “Trusts”) described above are VIEs pursuant to variable interest provisions included in FASB ASC 810 not not not not not The junior subordinated notes have several financial covenants. Since the Merger, Cohen & Company Inc. has been in violation of one not not The U.K. Financial Conduct Authority (the authority that regulates LIBOR) announced that it will cease publication of the most commonly used U.S. dollar LIBOR tenors after June 30, 2023, December 31, 2021. December 31, 2021. The junior subordinated notes payable to both Alesco Capital Trust I and Sunset Financial Trust incur interest that is calculated based on LIBOR. The junior subordinated notes payable to Alesco Capital Trust I provide for the manner in which interest is calculable under such notes if LIBOR is no no 0.50% The junior subordinated notes payable to Sunset Financial Trust do not no no 2021 PPP Loan On May 1, 2020, 100 not The PPP Loan was evidenced by a promissory note between the Company and FT Financial. The PPP Loan bore interest at a fixed rate of 1% first six two September 23, 2020, June 21, 2021, June 25, 2021, Byline Bank / FT Financial Line of Credit Effective on April 25, 2018, March 2020, October 27, 2020. On October 28, 2020, ( $17,500. 2021 2021. $7,500 $17,500 On December 21, 2021, ( December 21, 2021, may 15 3 1. On December 21, 2022 ( December 22, 2022, may 15 3 1. Pursuant to the Second Amended and Restated Agreement, Byline Bank agreed to make loans to JVB, at JVB’s request from time to time, in the aggregate amount of up to $25,000. December 21, 2024. may December 21, 2023. Loans under the Second Amended and Restated Agreement will bear interest at a per annum rate equal to the Term SOFR Rate (as such term is defined in the Second Amended and Restated Agreement) plus 6.0%, no 7.0%. $25,000 JVB may $25,000 $25,000 The obligations of JVB under the Second Amended and Restated Agreement are guaranteed by the Company, the Operating LLC, and JVB, and are secured by a lien on all JVB's property, including its 100% ownership interest in all the outstanding units of membership interests of JVB. Pursuant to the Second Amended and Restated Agreement, Byline Bank and JVB provide customary representations and warranties for a transaction of this type. The Second Amended and Restated Agreement also includes customary covenants for a transaction of this type, including covenants limiting the indebtedness that can be incurred by JVB and Holdings LP and restricting the JVB’s ability to make certain loans and investments. Additionally, under the Second Amended and Restated Agreement, JVB may not December 22, 2022 June 30, 2023, July 1, 2023 may not 0.25 Pursuant to the Second Amended and Restated Agreement, JVB and the Operating LLC may may not The Second Amended and Restated Agreement contains customary events of default for a transaction of this type. If an event of default under the Second Amended and Restated Agreement occurs and is continuing, then Byline Bank may As of December 31, 2021 2022, no LegacyTexas Bank In 2018, first November 20, 2018, November 16, 2018, May 4, 2019 September 25, 2019. On March 19, 2020, March 19, 2020, March 2020, August 22, 2020, one January 1, 2021. Deferred Financing  The Company incurred $1,400 of deferred financing costs associated with the issuance of the 2017 The Company also incurred $410 o December 31, 2022 2021 2020  Interest Expense, Net  Interest expense incurred is shown in the table below by instrument for the years ended December 31, 2022 2021 2020    INTEREST EXPENSE (Dollars in Thousands) Year Ended December 31, 2022 2021 2020 Junior subordinated notes $ 3,442 $ 2,601 $ 2,882 2020 Senior Notes 458 540 496 2017 Convertible Note 327 1,534 1,505 2013 Convertible Notes / 2019 Senior Notes - 211 336 FT LOC / Byline LOC 247 435 1,102 Redeemable Financial Instrument - DGC Trust / CBF - 197 1,490 Redeemable Financial Instrument - JKD Investor 508 1,715 1,883 Redeemable Financial Instrument - ViaNova Capital Group, LLC - - (105 ) $ 4,982 $ 7,233 $ 9,589 The redeemable financial instrument – Via Nova Capital Group, LLC had a negative return during 2020.

Note 21 - Equity

Note 21 - Equity	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Shareholders' Equity and Share-Based Payments [Text Block]	21.  Common Stock  The holders of the Common Stock are entitled to one no no  Preferred Stock  Series C Junior Participating Preferred Stock December 31, 2022 2021 March, June, September, December first first not not December 31, 2022 2021  Series E Voting Non-Convertible Preferred Stock no 10 one December 31, 2022 ten one not December 31, 2022 May 9, 2013, December 31, 2022 Non-Controlling Interest — Future Conversion / Redemption of Operating LLC Units  Series F Voting Non-Convertible Preferred Stock December 23, 2019, not 1 ten 10 ten one not December 31, 2022 December 31, 2022 . See Non-Controlling Interest/ - Securities Purchase Agreement – Purchase of IMXI shares below.  Together, the Series E and Series F Preferred Stock enables Daniel G. Cohen and the DGC Trust to exercise approximately 60.7% of the voting power of the Company’s total shares outstanding that were entitled to vote as of December 31, 2022  Stockholder Rights Plan  On March 10, 2020, 382 one March 20, 2020 ( one ten Initially, the Rights will be attached to all Common Stock certificates representing shares then outstanding or, in the case of uncertificated shares of Common Stock registered in book entry form (“Book Entry Shares”) by notation in book entry (which certificates for Common Stock and Book Entry Shares shall be deemed also to be certificates for Rights), and no Subject to certain exceptions specified in the Rights Agreement, the Rights will separate from the Common Stock and a “Distribution Date” will occur upon the earlier of (i) 10 10 not Pursuant to the Rights Agreement, an “Exempted Person” is any person or entity who, together with all affiliates and associates of such person or entity, was or could become, as of March 10, 2020, March 10, 2020. no 4.95% x March 10, 2020, 4.95% no 4.95% x 4.95% In addition, the Rights Agreement defines the term “Exempted Person” to also include any person or entity who, together with all affiliates and associates of such person or entity, is the beneficial owner of Common Stock and/or other securities exercisable for shares of Common Stock representing 4.95% not, x 4.95% Pursuant to the Rights Agreement, a purchaser, assignee or transferee of the shares of Common Stock (or options or warrants exercisable for Common Stock) from an Exempted Person will not 4.95% The Rights are not December 31, 2023, ( 382 no may not no Except as otherwise determined by the Company’s board of directors, only shares of Common Stock issued prior to the Distribution Date will be issued with Rights. Pursuant to the Rights Agreement, in the event that a person or entity becomes an Acquiring Person, each other holder of a Right will thereafter have the right to receive, upon exercise, Common Stock (or, in certain circumstances, cash, property or other securities of the Company), having a value equal to two one $100.00 not $100.00. ten 10 Notwithstanding any of the foregoing, following the occurrence of a person or entity becoming an Acquiring Person (the “Flip-In Event”), all Rights that are, or (under certain circumstances specified in the Rights Agreement) were, beneficially owned by such Acquiring Person will be null and void. In the event that, at any time following the Stock Acquisition Date, (i) the Company engages in a merger or other business combination transaction in which the Company is not two not no The Purchase Price payable, and the number of Units of Series C Preferred Stock or other securities or property issuable, upon exercise of the Rights are subject to adjustment from time to time to prevent dilution (i) in the event of a stock dividend on, or a subdivision, combination or reclassification of, the Series C Preferred Stock, (ii) if holders of the Series C Preferred Stock are granted certain rights or warrants to subscribe for Series C Preferred Stock or convertible securities at less than the current market price of the Series C Preferred Stock, or (iii) upon the distribution to holders of the Series C Preferred Stock of evidences of indebtedness or assets (excluding regular quarterly cash dividends) or of subscription rights or warrants (other than those referred to above). With certain exceptions, no At any time after the Stock Acquisition Date, the Company may may 50% one At any time until ten may not Until a Right is exercised, the holder thereof, as such, will have no not may,  Net Share Settlement of Restricted Stock  The Company may, not  Repurchases of Shares and Retirement of Treasury Stock  On December 21, 2020 August 31, 2020, “December 2020 "August 2020 "10b5 1 December 2020 August 2020 December 2020 August 2020 December 2020 December 23, 2020 July 28, 2021, August 2020 August 31, 2020 November 19, 2020, 10b5 1 may 10b 18 10b5 1 10b5 1 During the twelve December 31, 2021, 10b 5 During the twelve December 31, 2020, 10b5 1  All of the repurchases noted above were completed using cash on hand. Equity Distribution Agreement On December 1, 2020, 415 one third March 5, 2021. On June 7, 2021, June 5, 2021, not not 10b5 1 1934, 10b5 1 The Equity Agreement includes customary representations, warranties and covenants by the Company and customary obligations of the parties and termination provisions. The Company has agreed to indemnify the Sales Agent against certain liabilities, including liabilities under the Securities Act, or to contribute to payments the Sales Agent may The offering of the Common Stock pursuant to the Equity Agreement will terminate upon the sale of all of the Shares pursuant to the Equity Agreement, unless sooner terminated in accordance with the terms and conditions of the Equity Agreement. During the year ended December 31, 2021, December 31, 2022. Dividends and Distributions During the year ended December 31, 2022, $.75 April 5, 2022. December 31, 2021, December 31, 2020, In the aggregate, during 2022 2021 2020 2022 2021 2020  Certain subsidiaries of the Operating LLC have restrictions on the withdrawal of capital and otherwise in making distributions and loans. JVB is subject to net capital restrictions imposed by the SEC and FINRA, which require certain minimum levels of net capital to remain in this subsidiary. In addition, these restrictions could potentially impose notice requirements or limit the Company’s ability to withdraw capital above the required minimum amounts (excess capital) whether through distribution or loan. CCFESA is regulated by the ACPR and subject to certain minimum levels of capital. CCFEL was regulated by the CBI and had to maintain certain minimum levels of capital. As of December 31, 2022, no 25.  Shares Outstanding of Stockholders’ Equity of the Company  The following table summarizes share transactions that occurred in stockholders’ equity during the years ended December 31, 2022 2021 2020   ROLLFORWARD OF SHARES OUTSTANDING OF COHEN & COMPANY INC. Common Stock Restricted Stock Total December 31, 2019 (1) 1,119,909 73,715 1,193,624 Issuance of shares - - - Issuance as equity-based compensation - 268,129 268,129 Vesting of shares 55,278 (55,278 ) - Shares withheld for employee taxes (15,043 ) - (15,043 ) Forfeiture / cancellation of restricted stock - - - Repurchase and retirement of common stock (121,181 ) - (121,181 ) December 31, 2020 (1) 1,038,963 286,566 1,325,529 Issuance of shares 300,859 - 300,859 Issuance as equity-based compensation - 142,376 142,376 Vesting of shares 62,649 (62,649 ) - Shares withheld for employee taxes (21,777 ) - (21,777 ) Forfeiture / cancellation of restricted stock - - - Repurchase and retirement of common stock (49,544 ) - (49,544 ) December 31, 2021 (1) 1,331,150 366,293 1,697,443 Issuance of shares - - - Issuance as equity-based compensation - 92,400 92,400 Vesting of shares 117,634 (117,634 ) - Shares withheld for employee taxes (15,501 ) - (15,501 ) Forfeiture / cancellation of restricted stock - - - Repurchase and retirement of common stock - - - December 31, 2022 (1) 1,433,283 341,059 1,774,342 ( 1 Excludes remaining restricted units of Cohen & Company Inc. Common Stock. See note 22. Convertible Non-Controlling Interest  Securities Purchase Agreement – Purchase of IMXI shares  On December 30, 2019 (  Pursuant to the SPA, Daniel G. Cohen and the DGC Trust purchased (i) an aggregate of 22,429,541 newly issued units of membership interests in the Operating LLC (collectively, the “LLC Units”) and (ii) 22,429,541 newly issued shares of Series F Preferred Stock. As consideration for this purchase, Daniel G. Cohen and the DGC Trust transferred shares of common stock of International Money Express, Inc. (NASDAQ: IMXI) to the Company. The shares transferred by Daniel Cohen were valued at $4,351 and the shares transferred by the DGC Trust were valued at $3,428. The Company accounted for this transaction by recording an increase of $7,779 in other investments, at fair value and a corresponding increase in the non-controlling interest. Prior to the merger of IMXI with and into a special purpose acquisition company in a transaction that resulted in the listing of IMXI on NASDAQ, Mr. Cohen served as the chief executive officer and member of the board of directors of the special purpose acquisition company. The SPA contains customary representations and warranties on the part of each of the Operating LLC, the Company, Daniel G. Cohen, and the DGC Trust. The Operating LLC, the Company, Daniel G. Cohen, and the DGC Trust provide customary indemnifications thereunder. Pursuant to the Amended and Restated Limited Liability Company Agreement of the Operating LLC, dated as of December 16, 2009, may one 10  However, pursuant to the SPA, Daniel G. Cohen and the DGC Trust agreed that, until the Company’s stockholders approve the Stockholder Proposal (as defined below), they will not Pursuant to the SPA, Daniel G. Cohen and the DGC Trust also agreed to not 382 1986, Pursuant to the SPA, at the 2020 713 may not 2020 In addition, effective as of the SPA Effective Date, if the Company owns a number of units of membership interests in the Operating LLC representing less than a majority of the votes entitled to be cast at any meeting or any other circumstances upon which a vote, agreement, consent (including unanimous written consents) or other approval is sought from the holders of units of membership interests in the Operating LLC (each, a “Meeting”), then for so long as the Company owns a number of units of membership interests in the Operating LLC representing less than a majority of the votes entitled to be cast at any Meeting, Daniel G. Cohen and the DGC Trust have agreed to grant a voting proxy to the Company pursuant to which the Company may September 25, 2020, 21 31.  Future Conversion / Redemption of Operating LLC Units  Each Operating LLC unit of membership interest is redeemable at the member’s option, at any time, for (i) cash in an amount equal to the average of the per share closing prices of the Common Stock for the ten one 10  Unit Issuance and Surrender Agreement — Acquisition and Surrender of Additional Units of the Operating LLC, net  Effective January 1, 2011 May 27, 2021, 1:10   The following table summarizes the transactions that resulted in changes in the unit ownership of the Operating LLC including unit issuances and forfeitures related to the UIS agreement.  ROLLFORWARD OF UNITS OUTSTANDING OF THE OPERATING LLC Cohen & Company Inc. Daniel G. Cohen DGC Trust Others Total December 31, 2019 11,199,084 17,801,275 9,880,268 72,088 38,952,715 Issuance of Units under UIS, net 402,350 - - - 402,350 Issuance of Units as equity compensation - - - - - Vesting of units 275,000 275,000 Repurchase and retirement of Common Stock (1,211,810 ) - - - (1,211,810 ) December 31, 2020 10,389,624 18,076,275 9,880,268 72,088 38,418,255 Issuance of Units under UIS, net 3,417,310 - - - 3,417,310 Issuance of Units as equity compensation - - - - - Vesting of units - 529,040 - 10 529,050 Repurchase and retirement of Common Stock (495,440 ) - - - (495,440 ) December 31, 2021 13,311,494 18,605,315 9,880,268 72,098 41,869,175 Issuance of Units under UIS, net 1,021,330 - - - 1,021,330 Issuance of Units as equity compensation - - - - - Vesting of units - 751,540 - 751,540 Issuance of units under 2017 Convertible Note - - 10,344,827 - 10,344,827 December 31, 2022 14,332,824 19,356,855 20,225,095 72,098 53,986,872 The following table presents the impact to equity from Cohen & Company Inc.’s ownership interest in the Operating LLC. For the Year Ended December 31, 2022 2021 2020 Net income / (loss) attributable to Cohen & Company Inc. $ (13,389 ) $ 11,808 $ 14,205 Transfers (to) from the non-controlling interest: Increase / (decrease) in Cohen & Company Inc.'s paid in capital for the acquisition / (surrender) of additional units in consolidated subsidiary, net (338 ) (1,929 ) (1,765 ) Changes from net income / (loss) attributable to Cohen & Company Inc. and transfers (to) from non-controlling interest $ (13,727 ) $ 9,879 $ 12,440 Detail of Non-Controlling Interest ROLLFORWARD OF NON-CONTROLLING INTERESTS (Dollars in Thousands) Operating LLC Insurance SPAC Sponsor Entities Insurance SPAC II Sponsor Entities Insurance SPAC III Sponsor Entities Other Consolidated Subsidiaries Total December 31, 2019 $ 13,175 $ 2,262 $ - $ - $ - $ 15,437 Non-controlling interest share of (loss) 14,200 9,328 (262 ) (16 ) 998 24,248 Other comprehensive income 103 - - - - 103 Acquisition / (surrender) of additional units of consolidated subsidiary 1,706 - - - - 1,706 Equity-based compensation 613 11,700 - - - 12,313 Shares withheld for employee taxes (39 ) - - - - (39 ) Dividends/distributions to convertible non-controlling interest (35 ) - - - - (35 ) Non-convertible non-controlling interest investment - - 4,557 5,432 3,500 13,489 Non-convertible non-controlling interest distributions - (6,604 ) - - (3,090 ) (9,694 ) December 31, 2020 $ 29,723 $ 16,686 $ 4,295 $ 5,416 $ 1,408 $ 57,528 Non-controlling interest share of (loss) 26,656 3,560 17,644 (615 ) 14,985 62,230 Other comprehensive income (170 ) - - - - (170 ) Acquisition / (surrender) of additional units of consolidated subsidiary 1,939 - - - - 1,939 Equity-based compensation 1,859 - 13,068 - - 14,927 Shares withheld for employee taxes (276 ) - - - - (276 ) Dividends/distributions to convertible non-controlling interest (2,103 ) - - - - (2,103 ) Non-convertible non-controlling interest investment - - 7 17,088 17,095 Non-convertible non-controlling interest distributions (20,246 ) (35,007 ) - (6,425 ) (61,678 ) December 31, 2021 $ 57,628 $ - $ - $ 4,808 $ 27,056 $ 89,492 Non-controlling interest share of (loss) (22,078 ) - - (4,808 ) (18,395 ) (45,281 ) Other comprehensive income (152 ) - - - - (152 ) Acquisition / (surrender) of additional units of consolidated subsidiary 334 - - - - 334 Equity-based compensation 3,181 - - - - 3,181 Shares withheld for employee taxes (158 ) - - - - (158 ) Dividends/distributions to convertible non-controlling interest (6,485 ) - - - - (6,485 ) Convertible non-controlling interest investment 15,000 - - - - 15,000 Non-convertible non-controlling interest investment - - - - 9 9 Non-convertible non-controlling interest distributions - - - - (8,653 ) (8,653 ) December 31, 2022 $ 47,270 $ - $ - $ - $ 17 $ 47,287

Note 22 - Equity-based Compensa

Note 22 - Equity-based Compensation	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	22.  The following table summarizes the amounts the Company recognized as equity-based compensation expense including restricted stock, restricted units, membership units of consolidated sponsor entities and stock options. These amounts are included as a component of compensation and benefits in the consolidated statements of operations. The remaining unrecognized compensation expense related to unvested awards at December 31, 2022     EQUITY-BASED COMPENSATION INCLUDED IN COMPENSATION AND BENEFITS (Dollars in Thousands) For the Year Ended December 31, 2022 2021 2020 Equity based compensation expense $ 4,390 $ 15,718 $ 12,553 Non equity-based compensation expense 45,900 69,330 47,349 Total compensation and benefits $ 50,290 $ 85,048 $ 59,902 The following table summarizes the equity-based compensation by plan. Each plan is discussed in detail below. DETAIL OF EQUITY-BASED COMPENSATION BY PLAN (Dollars in Thousands) For the Year Ended December 31, 2022 2021 2020 Restricted Stock or Units - 2006/2010 Plans $ 21 $ 291 $ 635 Restricted Stock or Units - 2020 Plan 4,369 2,359 218 Membership interests in consolidated sponsor entities - 13,068 11,700 Total equity-based compensation expense $ 4,390 $ 15,718 $ 12,553 The Company’s 2020 On April 7, 2020, 2020 2020 June 18, 2020. April 1, 2021 June 9, 2021, No. 1 2020 2020 March 28, 2022 June 2, 2022, No. 2, 2020 December 31, 2022, 2020 No may 2020 April 7, 2030. The Company's 2010 2006 2020 Membership Interests of Consolidated Sponsor Entities Employees sometimes invest in the membership interests of consolidated SPAC sponsor entities. Because these entities are consolidated and the employees are investing in the consolidated company's non-controlling interest, these equity interests fall under FASB ASC 718. not no RESTRICTED STOCK - SERVICE BASED VESTING Number of Shares of Restricted Stock Weighted Average Grant Date Fair Value Unvested at January 1, 2020 73,715 $ 9.22 Granted 268,129 14.65 Vested (55,278 ) 9.63 Unvested at December 31, 2020 286,566 14.23 Granted 142,376 17.94 Vested (62,649 ) 7.59 Unvested at December 31, 2021 366,293 16.80 Granted 92,400 11.13 Vested (117,634 ) 14.08 Unvested at December 31, 2022 341,059 16.17    OPERATING LLC RESTRICTED UNITS - SERVICE BASED VESTING Number of Restricted Units Weighted Average Grant Date Fair Value Unvested at January 1, 2020 550,000 $ 0.80 Granted 2,508,080 1.54 Vested (275,000 ) 0.80 Forfeited - - December 31, 2020 2,783,080 1.46 Granted 4,617,000 2.07 Vested (529,050 ) 0.62 Forfeited - - Unvested at December 31, 2021 6,871,030 1.93 Granted 422,000 0.85 Vested (751,540 ) 1.35 Forfeited - - Unvested at December 31, 2022 6,541,490 $ 1.93 During the years ended December 31, 2022 2021 2020  The restricted shares and restricted units of Common Stock typically may no  SPONSOR ENTITY MEMBERSHIP UNITS - PERFORMANCE BASED VESTING Membership Units Weighted Average Grant Date Fair Value Unvested at January 1, 2020 1,263,000 $ 9.95 Granted 3,272,500 9.98 Vested (1,175,339 ) 9.95 Forfeited (87,661 ) 9.95 December 31, 2020 3,272,500 9.98 Granted - - Vested (1,309,000 ) 9.99 Forfeited (231,000 ) 9.99 Unvested at December 31, 2021 1,732,500 9.97 Granted - - Vested - - Forfeited (1,732,500 ) 9.97 Unvested at December 31, 2022 - $ -  During the years ended December 31, 2022 2021 2020 $0,

Note 23 - Income Taxes

Note 23 - Income Taxes	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	23.  Cohen & Company Inc. is treated as a C corporation for United States federal income tax purposes. The components of income tax expense (benefit) included in the consolidated statements of operations for each year presented herein are shown in the table below. INCOME TAX EXPENSE (Dollars in Thousands) For the Year Ended December 31, 2022 2021 2020 Current income tax expense (benefit) Federal income tax expense (benefit) $ - $ - $ - Foreign income tax expense (benefit) 198 188 122 State and local income tax expense (benefit) 17 387 86 215 575 208 Deferred income tax expense (benefit) Federal income tax expense (benefit) 4,634 (530 ) (7,430 ) Foreign income tax expense (benefit) - - - State and local income tax expense (benefit) (55 ) (3,586 ) (1,447 ) 4,579 (4,116 ) (8,877 ) Total 4,794 (3,541 ) (8,669 ) The components of income (loss) before income taxes are shown below.  INCOME (LOSS) BEFORE INCOME TAXES (Dollars in Thousands) For the Year Ended December 31, 2022 2021 2020 Domestic $ (54,749 ) $ 69,791 $ 30,317 Foreign 873 706 (533 ) Total $ (53,876 ) $ 70,497 $ 29,784 The Company had no December 31, 2022 2021  The expected income tax expense /(benefit) using the federal statutory rate differs from income tax expense / (benefit) pertaining to pre-tax income / (loss) as a result of the following for the years ended December 31, 2022 2021 2020   INCOME TAX RATE RECONCILIATION (Dollars in Thousands) For the Year Ended December 31, 2022 2021 2020 Federal statutory rate $ (11,314 ) $ 14,804 $ 6,255 Pass thru impact 9,509 (13,068 ) (5,092 ) Deferred tax valuation allowance and other 6,439 (2,267 ) (8,593 ) State and local tax 143 (3,197 ) (1,361 ) Foreign tax 17 187 122 Total $ 4,794 $ (3,541 ) $ (8,669 ) Deferred tax assets and liabilities are determined based on the difference between the book basis and tax basis of assets and liabilities using tax rates in effect for the year in which the differences are expected to reverse. The recognition of deferred tax assets is reduced by a valuation allowance if it is more likely than not not  The components of the net deferred tax asset (liability) are as follows.  DEFERRED TAX ASSET AND LIABILITY (Dollars in Thousands) As of December 31, 2022 As of December 31, 2021 Asset Liability Net Asset Liability Net Federal net operating loss carry-forward $ 20,160 $ - $ 20,160 $ 19,678 $ - $ 19,678 State and local net operating loss carry-forward 5,460 - 5,460 5,932 - 5,932 Federal capital loss carry-forward 14,796 - 14,796 17,192 - 17,192 Unrealized gain on debt - (6,505 ) (6,505 ) - (5,679 ) (5,679 ) Investment in Operating LLC 13,682 - 13,682 10,353 - 10,353 Other 998 (227 ) 771 1,045 (1,283 ) (238 ) Gross deferred tax asset / (liability) 55,096 (6,732 ) 48,364 54,200 (6,962 ) 47,238 Less: valuation allowance (41,430 ) - (41,430 ) (35,725 ) - (35,725 ) Net deferred tax asset / (liability) $ 13,666 $ (6,732 ) $ 6,934 $ 18,475 $ (6,962 ) $ 11,513 As of December 31, 2022 not 2028. December 31, 2022 not 2023. No  The Company has determined that its NOL and NCL carryovers are not 382 1986, may 382 382 382 21.  Notwithstanding the facts that the Company has determined that the use of its remaining NOL and NCL carryforwards are not 382 December 31, 2022 Each reporting period, management determines the expected amount of taxable income it will generate in each jurisdiction where the Company has NOLs. Management then schedules this income against each carryforward asset and determines what portion of the asset it believes is more likely than not 2020 2021 2022  The Company files tax returns in the U.S. federal jurisdiction, various states or local jurisdictions, the United Kingdom, Ireland, and France. With few exceptions, the Company is no 2017. The Company applies ASC 740 10 December 31, 2022 2021 not 

Note 24 - Accumulated Other Com

Note 24 - Accumulated Other Comprehensive Income/(Loss)	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	24.  The following table shows the components of other comprehensive income / (loss) and the tax effects allocated to other comprehensive income / (loss). Accumulated OCI consists solely of foreign currency items. ACCUMULATED OTHER COMPREHENSIVE INCOME / (LOSS) AND INCOME TAX EFFECT OF ITEMS ALLOCATED TO OTHER COMPREHENSIVE INCOME / (LOSS) (Dollars in Thousands) OCI Items Tax Effect Total December 31, 2019 $ (915 ) $ - $ (915 ) Change in foreign currency items 35 - 35 Other comprehensive income / (loss), net 35 - 35 Acquisition / (surrender) of additional units in consolidated subsidiary, net 59 - 59 December 31, 2020 (821 ) - (821 ) Change in foreign currency items (74 ) - (74 ) Other comprehensive income / (loss), net (74 ) - (74 ) Acquisition / (surrender) of additional units in consolidated subsidiary, net (10 ) - (10 ) December 31, 2021 (905 ) - (905 ) Change in foreign currency items (54 ) - (54 ) Other comprehensive income / (loss), net (54 ) - (54 ) Acquisition / (surrender) of additional units in consolidated subsidiary, net 4 - 4 December 31, 2022 $ (955 ) $ - $ (955 )

Note 25 - Net Capital Requireme

Note 25 - Net Capital Requirements	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Net Capital Under Securities and Exchange Commission Regulation Disclosure [Text Block]	25 . NET CAPITAL REQUIREMENTS  JVB is subject to the net capital provision of Rule 15c3 1 CCFESA, a subsidiary of the Company, is regulated by the ACPR in France. CCFESA is subject to certain regulatory capital requirements in accordance with Articles L.533 2 et seq. CCFEL cancelled its license with the CBI effective April 7, 2022.  CCFL cancelled its FCA license on November 25 2020; not December 31, 2020.  The following tables shows the actual net capital (in the case of the JVB) and actual net liquid capital (in the case of CCFESA and CCFEL) as compared to the required amounts for the periods indicated. STATUTORY NET CAPITAL REQUIREMENTS (Dollars in thousands) As of December 31, 2022 Actual Net Capital or Liquid Capital Amount Required Excess JVB $ 46,518 $ 250 $ 46,268 CCFESA 1,588 512 1,076 Total $ 48,106 $ 762 $ 47,344 As of December 31, 2021 Actual Net Capital or Liquid Capital Amount Required Excess JVB $ 73,999 $ 250 $ 73,749 CCFESA 1,117 543 574 CCFEL 1,700 895 805 Total $ 76,816 $ 1,688 $ 75,128

Note 26 - Earnings (Loss) Per C

Note 26 - Earnings (Loss) Per Common Share	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	26 . EARNINGS / (LOSS) PER COMMON SHARE  The following table presents a reconciliation of basic and diluted earnings / (loss) per common share for the periods indicated. EARNINGS / (LOSS) PER COMMON SHARE (Dollars in Thousands, except share or per share information) Year Ended December 31, 2022 2021 2020 Net income / (loss) attributable to Cohen & Company Inc. $ (13,389 ) $ 11,808 $ 14,205 Add/ (deduct): Income / (loss) attributable to non-controlling interest attributable to Operating LLC membership (1) - 26,656 14,200 Add: Interest expense incurred on dilutive convertible notes - 1,183 1,162 Add / (deduct): Adjustment (2) - 1,719 9,452 Net income / (loss) on a fully converted basis $ (13,389 ) $ 41,366 $ 39,019 Weighted average common shares outstanding - Basic 1,420,383 1,187,029 1,131,085 Unrestricted Operating LLC units of membership interests exchangeable into Cohen & Company Inc. shares (1) - 2,851,358 2,800,597 Restricted Units or shares - 212,055 124,922 Shares issuable upon conversion of dilutive convertible notes - 1,034,483 1,034,483 Weighted average common shares outstanding - Diluted 1,420,383 5,284,925 5,091,087 Net income / (loss) per common share - Basic $ (9.43 ) $ 9.95 $ 12.56 Net income / (loss) per common share - Diluted (3) $ (9.43 ) $ 7.83 $ 7.66 ( 1 The Operating LLC units of membership interests not may ten one not ten one tenth not not ( 2 An adjustment is included because the Company would have incurred a higher income tax expense or realized a higher income tax benefit if the Operating LLC units of membership interests had been converted at the beginning of the period. ( 3 Potentially diluted securities that were not Year Ended December 31, 2022 2021 2020 2017 Convertible Note 224,138 - - Restricted Common Stock 18,182 - - Restricted Operating LLC units 3,735,004 - - 3,977,324 - -

Note 27 - Reserve Requirements

Note 27 - Reserve Requirements	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Reserve Requirements [Text Block]	27.  As of December 31, 2022 2021 15c3 3 1934 two not 15c3 3 2 74 No. 34 70073 not not 

Note 28 - Commitments and Conti

Note 28 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	28.  Lease Commitments  The Company leases office space in several cities under agreements. As of December 31, 2022 FUTURE LEASE COMMITMENTS (Dollars in Thousands) Lease Less: Sublease Net Commitment 2023 $ 2,694 $ (51 ) $ 2,643 2024 2,165 - 2,165 2025 1,794 - 1,794 2026 1,507 - 1,507 2027 1,515 - 1,515 2028 and thereafter 2,247 - 2,247 $ 11,922 $ (51 ) $ 11,871 Rent expense for the years ended December 31, 2022 2021 2020 December 31, 2022, 2021 2020 not Legal and Regulatory Proceedings On October 8, 2021, Cohen & Company, Ltd. v. Cohen & Company Inc. April 18, 2022, October 6, 2022, October 27, 2022, October 31, 2022, not From time to time, the Company is a party to various routine legal proceedings, claims, and regulatory inquiries arising out of the ordinary course of the Company’s business. Management believes that the results of these routine legal proceedings, claims, and regulatory matters will not  

Note 29 - Segment and Geographi

Note 29 - Segment and Geographic Information	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	29. Segment Information  The Company operates within three 1.   The Company’s business segment information was prepared using the following methodologies and generally represents the information that is relied upon by management in its decision-making processes. (a) Revenues and expenses directly associated with each business segment are included in determining net income / (loss) by segment. (b) Indirect expenses (such as general and administrative expenses including executive and indirect overhead costs) not not  Accordingly, the Company presents segment information consistent with internal management reporting. See note ( 1    SEGMENT INFORMATION Statement of Operations Information For the Year Ended December 31, 2022 (Dollars in Thousands) Capital Asset Principal Segment Markets Management Investing Total Unallocated (1) Total Net trading $ 40,009 $ - $ - $ 40,009 $ - $ 40,009 Asset management - 9,004 - 9,004 - 9,004 New issue and advisory 24,721 - - 24,721 - 24,721 Principal transactions and other income 2 854 (30,203 ) (29,347 ) - (29,347 ) Total revenues 64,732 9,858 (30,203 ) 44,387 - 44,387 Compensation and benefits 32,434 7,612 1,086 41,132 9,158 50,290 Other operating expense 14,539 2,173 728 17,440 4,620 22,060 Total operating expenses 46,973 9,785 1,814 58,572 13,778 72,350 Operating income / (loss) 17,759 73 (32,017 ) (14,185 ) (13,778 ) (27,963 ) Interest income (expense) (247 ) - - (247 ) (4,735 ) (4,982 ) Income / (loss) from equity method affiliates - - (20,931 ) (20,931 ) - (20,931 ) Other non-operating income - - - - - - Income / (loss) before income taxes 17,512 73 (52,948 ) (35,363 ) (18,513 ) (53,876 ) Income tax expense / (benefit) - - - - 4,794 4,794 Net income / (loss) 17,512 73 (52,948 ) (35,363 ) (23,307 ) (58,670 ) Less: Net income (loss) attributable to the non-convertible non-controlling interest of the Operating LLC - - (23,203 ) (23,203 ) - (23,203 ) Enterprise net income (loss) 17,512 73 (29,745 ) (12,160 ) (23,307 ) (35,467 ) Less: Net income (loss) attributable to the convertible non-controlling interest of Cohen & Company Inc. - - - - (22,078 ) (22,078 ) Net income / (loss) attributable to Cohen & Company Inc. $ 17,512 $ 73 $ (29,745 ) $ (12,160 ) $ (1,229 ) $ (13,389 ) Other statement of operations data Depreciation and amortization (included in total operating expense) $ - $ 5 $ - $ 5 $ 552 $ 557 SEGMENT INFORMATION Statement of Operations Information For the Year Ended December 31, 2021 (Dollars in Thousands) Capital Asset Principal Segment Markets Management Investing Total Unallocated (1) Total Net trading $ 69,385 $ - $ - $ 69,385 $ - $ 69,385 Asset management - 10,923 - 10,923 - 10,923 New issue and advisory 28,736 - - 28,736 - 28,736 Principal transactions and other income (3 ) 768 36,559 37,324 - 37,324 Total revenues 98,118 11,691 36,559 146,368 - 146,368 Compensation and benefits 42,064 6,630 16,546 65,240 19,808 85,048 Other operating expense 13,914 2,151 387 16,452 5,275 21,727 Total operating expenses 55,978 8,781 16,933 81,692 25,083 106,775 Operating income / (loss) 42,140 2,910 19,626 64,676 (25,083 ) 39,593 Interest income (expense) (435 ) - - (435 ) (6,798 ) (7,233 ) Income / (loss) from equity method affiliates - - 36,010 36,010 - 36,010 Other non-operating income - - - - 2,127 2,127 Income / (loss) before income taxes 41,705 2,910 55,636 100,251 (29,754 ) 70,497 Income tax expense / (benefit) - - - - (3,541 ) (3,541 ) Net income / (loss) 41,705 2,910 55,636 100,251 (26,213 ) 74,038 Less: Net income (loss) attributable to the non-convertible non-controlling interest of the Operating LLC - 1,878 33,696 35,574 - 35,574 Enterprise net income (loss) 41,705 1,032 21,940 64,677 (26,213 ) 38,464 Less: Net income (loss) attributable to the convertible non-controlling interest of Cohen & Company Inc. - - - - 26,656 26,656 Net income / (loss) attributable to Cohen & Company Inc. $ 41,705 $ 1,032 $ 21,940 $ 64,677 $ (52,869 ) $ 11,808 Other statement of operations data Depreciation and amortization (included in total operating expense) $ 1 $ 2 $ - $ 3 $ 368 $ 371     SEGMENT INFORMATION Statement of Operations Information For the Year Ended December 31, 2020 (Dollars in Thousands) Capital Asset Principal Segment Markets Management Investing Total Unallocated (1) Total Net trading $ 73,611 $ - $ - $ 73,611 $ - $ 73,611 Asset management - 8,759 - 8,759 - 8,759 New issue and advisory 2,234 - - 2,234 - 2,234 Principal transactions and other income 3 639 44,864 45,506 - 45,506 Total revenues 75,848 9,398 44,864 130,110 - 130,110 Salaries/Wages 36,092 5,309 11,700 53,101 6,801 59,902 Other Operating Expense 12,546 2,042 168 14,756 5,241 19,997 Impairment of goodwill 7,883 - - 7,883 - 7,883 Total operating expenses 56,521 7,351 11,868 75,740 12,042 87,782 Operating income / (loss) 19,327 2,047 32,996 54,370 (12,042 ) 42,328 Interest income (expense) (997 ) - - (997 ) (8,592 ) (9,589 ) Income / (loss) from equity method affiliates - - (2,955 ) (2,955 ) - (2,955 ) Income / (loss) before income taxes 18,330 2,047 30,041 50,418 (20,634 ) 29,784 Income tax expense / (benefit) - - - - (8,669 ) (8,669 ) Net income / (loss) 18,330 2,047 30,041 50,418 (11,965 ) 38,453 Less: Net income (loss) attributable to the non-convertible non-controlling interest of the Operating LLC - 1,408 8,640 10,048 - 10,048 Enterprise net income (loss) 18,330 639 21,401 40,370 (11,965 ) 28,405 Less: Net income (loss) attributable to the convertible non-controlling interest of Cohen & Company Inc. - - - - 14,200 14,200 Net income / (loss) attributable to Cohen & Company Inc. $ 18,330 $ 639 $ 21,401 $ 40,370 $ (26,165 ) $ 14,205 Other statement of operations data Depreciation and amortization (included in total operating expense) $ 18 $ 3 $ - $ 21 $ 313 $ 334 ( 1 Unallocated includes certain expenses incurred by indirect overhead and support departments (such as the executive, finance, legal, information technology, human resources, risk, compliance and other similar overhead and support departments). Some of the items not 1 2 3 not  Balance Sheet Data As of December 31, 2022 (Dollars in Thousands) Capital Asset Principal Segment Markets Management Investing Total Unallocated (1) Total Total Assets $ 820,238 $ 5,679 $ 36,969 $ 862,886 $ 24,169 $ 887,055 Included within total assets: Investments in equity method affiliates $ - $ - $ 8,929 $ 8,929 $ - $ 8,929 Goodwill (2) $ 54 $ 55 $ - $ 109 $ - $ 109 Intangible assets (2) $ 166 $ - $ - $ 166 $ - $ 166 Balance Sheet Data As of December 31, 2021 (Dollars in Thousands) Capital Asset Principal Segment Markets Management Investing Total Unallocated (1) Total Total Assets $ 3,501,973 $ 5,251 $ 104,491 $ 3,611,715 $ 44,589 $ 3,656,304 Included within total assets: Investments in equity method affiliates $ - $ - $ 48,238 $ 48,238 $ - $ 48,238 Goodwill (2) $ 54 $ 55 $ - $ 109 $ - $ 109 Intangible assets (2) $ 166 $ - $ - $ 166 $ - $ 166 ( 1 Unallocated assets primarily include ( 1 2 3 not ( 2 Goodwill and intangible assets are allocated to the Capital Markets and Asset Management business segments as indicated in the table from above.  Geographic Information  The Company has conducted its business activities through offices in the following locations: ( 1 2 GEOGRAPHIC DATA (Dollars in Thousands) Year Ended December 31, 2022 2021 2020 Total Revenues: United States $ 39,669 $ 140,420 $ 125,151 Europe & Other 4,718 5,948 4,959 Total $ 44,387 $ 146,368 $ 130,110 Long-lived assets attributable to an individual country, other than the United States, are not

Note 30 - Supplemental Cash Flo

Note 30 - Supplemental Cash Flow Disclosure	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Cash Flow, Supplemental Disclosures [Text Block]	30.  Interest paid by the Company on its debt and redeemable financial instruments was $4,782, $6,388 and $8,711 for the years ended December 31, 2022 2021 2020  The Company paid income taxes of $327, $166, and $234 for the years ended December 31, 2022 2021 2020 December 31, 2022 2021 2020 In 2022 not • The Company net surrendered units of membership interests in the Operating LLC. The Company recognized a net decrease in additional paid-in capital of $338, a net increase of $4 in AOCI, and an increase of $334 in non-controlling interest. See note 21. • The Company recorded a $15,000 increase in convertible non-controlling interest and a $15,000 decrease in debt as a result of the DGC Trust election to convert the 2017 • The Company recorded a decrease in equity method affiliates of $20,915 and an increase in other investments, at fair value of $20,915 resulting from an in-kind distribution from equity method affiliates. • The Company received equity shares in several public companies in exchange for advisory services. The fair market value of the shares received was $7,416. The Company included this in new issue and advisory revenue in the statement of operations. • The Company recorded a decrease in other investments, at fair value of $6,417 and a corresponding decrease in non-controlling interest resulting from in-kind distributions to the non-controlling interest of certain SPAC sponsor entities. • The Company recorded an increase in other investments, at fair value of $844 and a corresponding decrease in other investment, not  In 2021 not • The Company net surrendered units of membership interests in the Operating LLC. The Company recognized a net decrease in additional paid-in capital of $1,929, a net decrease of $10 in AOCI, and a net increase of $1,939 in non-controlling interest. See note 21. • The Company recorded a decrease of $2,103 in due from related party, a corresponding increase of $701 in other investments, at fair value, and a corresponding decrease of $1,402 to non-controlling interest, all as a result of an in-kind distribution of incremental LP interests, from the 2020 • The Company recorded a decrease of $3,958 in investments in equity method affiliates and a $31,049 decrease in other investments, at fair value and a corresponding decrease in non-controlling interest resulting from an in-kind distribution from Insurance SPAC II. • The Company recorded a decrease in other investments, at fair value of $20,119 and a corresponding decrease in non-controlling interest resulting from an in-kind distribution from Insurance SPAC. • The Company recorded a net decrease in investments in equity method affiliates of $5,439 and a net increase in other investments, at fair value of $5,439 resulting from an in-kind distribution from an equity method affiliate. • The Company recorded a decrease in other investments, at fair value of $2,415 and a decrease in non-controlling interest of $2,415 resulting from an in-kind distribution from other consolidated subsidiaries.  In 2020 not • The Company net surrendered unit of the Operating LLC. The Company recognized a net decrease in additional paid-in capital of $1,765, a net increase of $59 in accumulated other comprehensive income, and an increase of $1,706 in non-controlling interest. See note 21. • In conjunction with the sale of ViaNova on August 22, 2020, one 20. • The Company recorded a $9,694 decrease to other investments, at fair value resulting from noncontrolling interest in-kind distributions. As part of the Company's matched book repo operations, the Company enters into reverse repos with counterparties whereby it lends money and receives securities as collateral. In accordance with FASB ASC 860, not two may may not may not 11. The Company has no not The following table illustrates the impact of changing collateral deposits had on cash from operations: Year Ended December 31, 2022 2021 2020 Cash collateral held from repo and or reverse repo counterparties - End of Period $ 4,301 $ 17,320 $ 41,119 Less: Cash collateral held from repo and or reverse repo counterparties - End of Period 17,320 41,119 9,524 Impact to cash flow from operations $ (13,019 ) $ (23,799 ) $ 31,595

Note 31 - Related Party Transac

Note 31 - Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	31 . RELATED PARTY TRANSACTIONS  The Company has identified the following related party transactions for the years ended December 31, 2022 2021 2020  A. Daniel G. Cohen/Cohen Bros. Financial, LLC (“CBF”)/ EBC 2013   In December 2019, 12.  CBF has been identified as a related party because (i) CBF is a non-controlling interest holder of the Company and (ii) CBF is wholly owned by Daniel G. Cohen. On September 29, 2017, March 2021, October 2020 2019, 20.  EBC has been identified as a related party because Daniel G. Cohen is a trustee of EBC and has sole voting power with respect to all shares of the Company held by EBC. In September 2013, 2013 September 25, 2019, 2013 2019 September 25, 2020 2019 September 25, 2021. 2019 September 24, 2021. 20.  B. The Edward E. Cohen IRA  On August 28, 2015, 2013 September 2013 September 25, 2019, 2013 2019 20 2019 2013 February 3, 2020, 2019 2019  C. JKD Investor  The JKD Investor is an entity owned by Jack J. DiMaio, the vice chairman of the board of directors his spouse. On October 3, 2016, January 2017 January 2019 19 20. On January 31, 2020, 2020 January 31, 2022, 2022 20. D. DGC Trust  DGC Trust has been identified as a related party because Daniel G. Cohen's children are the beneficiaries of the trust and the trust was established by Daniel G. Cohen, Executive Chairman of the Company’s board of directors and Executive Chairman of the Operating LLC’s board of managers. Daniel G. Cohen does not On December 30, 2019, 21. March 2017, 2017 20. 2017 September 29, 2017, September 30, 2020. 19 20. E. Duane Morris, LLP (“Duane Morris”)  Duane Morris is an international law firm and serves as legal counsel to the Company. Duane Morris is considered a related party because a partner at Duane Morris is a member of the same household as a director of the Company. Expense incurred by the Company for services provided by Duane Morris is included within professional fees and operating expense in the consolidated statements of operations and comprehensive income and are disclosed in the table below.  F. Cohen Circle, LLC ("Cohen Circle"), formerly Fintech Masala, LLC  Cohen Circle is a related party because Betsy Cohen, the mother of Daniel G. Cohen, is the chairman of Cohen Circle. Daniel G. Cohen is also a managing member of Cohen Circle. The Company engaged Betsy Cohen, as an agent of Cohen Circle, as a consultant to provide certain services related to the Insurance SPAC. See notes 12. July 1, 2019 March 2019, December 31, 2020. 21. The Company engaged Betsy Cohen, as an agent of Cohen Circle, as a consultant to provide certain services related to the Insurance SPAC II. See note 12. October 1, 2020 February 2021. December 31, 2020. 21. The Company engaged Betsy Cohen, as an agent of Cohen Circle, as a consultant to provide certain services related to the Insurance SPAC III. See note 12. December 1, 2020 November 18, 2022, announced that it would not December 31, 2021. 21. The Company has a sublease agreement as sub-lessor for certain office space with Cohen Circle. The Company received payments under this sublease agreement which payments are recorded as a reduction in rent and utility expenses. This sublease agreement commenced on August 1, 2018 one not 90  G. Investment Vehicle and Other  Stoa USA Inc./ FlipOs ("FlipOs") FlipOs is a related party because Daniel G. Cohen is a director. As of December 31, 2022, CK Capital and AOI  CK Capital and AOI are related parties as they are equity method investments of the Company. In December 2019, December 2019, may 12. Insurance SPAC Prior to October 13, 2020, March 19, 2019, first October 13, 2020, 12 21. Insurance SPAC II Prior to February 9, 2021, September 2, 2020, first 12 21. Insurance SPAC III Insurance SPAC III is a related party as it was an equity method investment of the Company. The Operating LLC was the manager of the Insurance SPAC III Sponsor Entities and the Company consolidated the Insurance SPAC III Sponsor Entities. On November 18, 2022, not December 22, 2022. November 18, 2022, December 17, 2020, first may The Operating LLC loaned to Insurance SPAC III approximately $71 to cover IPO expenses, which was repaid in full at the closing of the IPO. Insurance Acquisition Sponsor III and its affiliates, including the Operating LLC, also committed to loan Insurance SPAC III up to $1,500 to cover operating and acquisition related expenses following the IPO, of which $960 was borrowed by Insurance SPAC III prior to November 18, 2022. no not 2022. 4 12. Sponsor Entities of Other SPACs In general, a SPAC is initially funded by a sponsor and that sponsor invests in and receives private placement and founder shares of the SPAC. The sponsor may not Fintech Acquisition Corp. III ("FTAC III") was a SPAC. The sponsor of FTAC III ("FTAC III Sponsor") is a related party because Daniel G. Cohen was the manager of the FTAC III Sponsor. In December 2018, Fintech Acquisition Corp. IV ("FTAC IV") was a SPAC. The sponsor of FTAC IV ("FTAC IV Sponsor") is a related party as it is an equity method investment of the Company. The Company made a sponsor investment in FTAC IV Sponsor, receiving a final allocation of 81,825 founder shares of FTAV IV stock for $1. In addition, on September 29, 2020, not 24 ities in the tables below. Fintech Acquisition Corp. V ("FTAC V") is a SPAC. The sponsor of FTAC V ("FTAC V Sponsor") is a related party as it is an equity method investment of the Company. The Company made a sponsor investment in FTAC V Sponsor, receiving an allocation of 140,000 founder shares. On December 14, 2020, not 24 Entities in the tables below. FTAC V liquidated in 2022. Fintech Acquisition Corp. VI ("FTAC VI") is a SPAC. The sponsor of FTAC VI ("FTAC VI Sponsor") is a related party as it is an equity method investment of the Company. On June 26, 2021, not 24 2022. FTAC Olympus Acquisition Corp ("FTAC Olympus") was a SPAC. The sponsor of FTAC Olympus ("FTAC Olympus Sponsor") is a related party as it is an equity method investment of the Company. The Company made a sponsor investment in FTAC Olympus Sponsor, receiving a final allocation of 399,741 founder shares of FTAC Olympus stock. In addition, on September 8, 2020, not 24 FTAC Athena Acquisition Corp. ("FTAC Athena") is a SPAC. The sponsor of FTAC Athena ("FTAC Athena Sponsor") is a related party as it is an equity method investment of the Company. On February 26, 2021, not 24 FTAC Hera Acquisition Corp. ("FTAC Hera") is a SPAC. The sponsor of FTAC Hera ("FTAC Hera Sponsor") is a related party as it is an equity method investment of the Company. On March 5, 2021, not 24 FTAC Parnassus Acquisition Corp. ("FTAC Parnassus") is a SPAC. The sponsor of FTAC Parnassus ("FTAC Parnassus Sponsor") is a related party as it is an equity method investment of the Company. On March 15, 2021, not 24 FTAC Zeus Acquisition Corp. ("FTAC Zeus") is a SPAC. The sponsor of FTAC Zeus ("FTAC Zeus Sponsor") is a related party as it is an equity method investment of the Company. On November 24, 2021, not 24 FTAC Emerald Acquisition Corp. ("FTAC Emerald") is a SPAC. The sponsor of FTAC Emerald ("FTAC Emerald Sponsor") is a related party as it is an equity method investment of the Company. On December 20, 2021, not 24 Other The Company invests in sponsor entities of SPACS, either directly or through its interest in the SPAC Series Funds, which are not December 31, 2022, SPAC Fund The SPAC Fund is considered a related party because it is an equity method investment. The Company has an investment in and a management contract with the SPAC Fund. Income earned or loss incurred on the investment are included as part of principal transactions and other income. Revenue earned on the management contract are included as part of asset management in the table below. As of December 31, 2022 U.S. Insurance JV  U.S. Insurance JV is considered a related party because it is an equity method investment. The Company has an investment in and a management contract with the U.S. Insurance JV. Income earned or loss incurred on the investment are included as part of principal transactions and other income. Revenue earned on the management contract are included as part of asset management in the table below. As of December 31, 2022 CREO JV CREO JV is considered a related party because it is an equity method investment. The Company has an investment in and a management contract with CREO JV. Income earned or loss incurred on the investment are included as part of principal transactions and other income. Revenue earned on the management contract are included as part of asset management in the table below. As of December 31, 2022 The following tables display the routine transactions recognized in the statements of operations from identified related parties that are described above. Related Party Transactions (Dollars in Thousands) For the Years Ended December 31, 2022 2021 2020 Asset management SPAC Fund $ 954 $ 4,327 $ 2,406 Other SPAC Entities - 319 - U.S. Insurance JV 1,069 525 368 $ 2,023 $ 5,171 $ 2,774 Principal transactions and other income Dutch Real Estate Entities $ - $ 137 $ 147 Insurance SPAC - - 95 Insurance SPAC II - 40 80 Insurance SPAC III 220 240 20 FlipOs 4,196 1,805 - Other SPAC Entities 160 132 23 SPAC Fund (43 ) 474 183 U.S. Insurance JV 11 142 222 CREO JV 32 - - $ 4,576 $ 2,970 $ 770 Income (loss) from equity method affiliates Dutch Real Estate Entities $ (71 ) $ (137 ) $ 639 Insurance SPAC - - (3,138 ) Insurance SPAC II - (107 ) (486 ) Insurance SPAC III (5,896 ) (1,200 ) (34 ) Other SPAC Entities (14,962 ) 37,453 63 $ (20,929 ) $ 36,009 $ (2,956 ) Operating expense (income) Duane Morris $ 621 $ 925 $ 1,194 Cohen Circle (66 ) (39 ) (46 ) $ 555 $ 886 $ 1,148 Interest expense (income) CBF $ - $ 197 $ 1,191 DGC Trust 327 1,534 1,804 EBC - 211 289 Edward E. Cohen IRA - - 47 JKD Investor 943 1,985 2,131 $ 1,270 $ 3,927 $ 5,462 The following related party transactions are non-routine and are not  H. Directors and Employees  The Company has entered into employment agreements with Daniel G. Cohen, its Executive Chairman, and Joseph W. Pooler, Jr., its Chief Financial Officer. The Company has entered into its standard indemnification agreement with each of its directors and executive officers.  The Company maintains a 401 not December 31, 2022 2021 2020 The Company leased office space from Zucker and Moore, LLC. Zucker and Moore, LLC is partially owned by Jack DiMaio, Jr., the vice chairman of the Company's board of directors. The lease terminated June 20, 2022. three December 31, 2022 2021 2020 

Note 32 - Due From Due to Relat

Note 32 - Due From Due to Related Parties	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Due From Due To Related Parties Disclosure [Text Block]	32 . DUE FROM / DUE TO RELATED PARTIES  Amounts due to related parties related to redeemable financial instruments and outstanding debt are included as components of those balances in the consolidated balance sheets. Also, interest or investment return owed on those balances are included as a component of accounts payable and other liabilities in the consolidated balance sheets. Any investment made in an equity method affiliate for which the Company does not The following table summarizes the outstanding due from /due to related parties. These amounts may 31      DUE FROM/DUE TO RELATED PARTIES (Dollars in Thousands) As of December 31, 2022 2021 CK Capital $ - $ 137 U.S. Insurance JV 261 147 Insurance SPAC III - 500 SPAC Fund 294 3,653 Employees & other 232 144 Due from Related Parties $ 787 $ 4,581

Schedule I

Schedule I	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	 CONDENSED FINANCIAL INFORMATION OF REGISTRANT COHEN & COMPANY INC. (PARENT COMPANY) Balance Sheets (Dollars in Thousands) As of December 31, 2022 2021 Assets Cash $ - $ - Investment in Cohen & Company, LLC 68,331 77,896 Prepaid income taxes 146 - Deferred income taxes 3,093 8,134 Total assets $ 71,570 $ 86,030 Liabilities Accrued interest and other liabilities $ 307 $ 128 Debt 24,524 23,961 Total liabilities 24,831 24,089 Stockholders’ Equity Preferred Stock 27 27 Common Stock 17 17 Additional paid-in capital 72,801 72,006 Accumulated deficit (25,151 ) (9,204 ) Accumulated other comprehensive loss (955 ) (905 ) Total stockholders’ equity 46,739 61,941 Total liabilities and stockholders’ equity $ 71,570 $ 86,030  See accompanying notes to condensed financial statements.  COHEN & COMPANY INC. CONDENSED FINANCIAL INFORMATION OF REGISTRANT COHEN & COMPANY INC. (PARENT COMPANY) Statements of Operations (Dollars in Thousands) For the Year Ended December 31, 2022 2021 2020 Revenues Equity in undistributed earnings / (loss) from Cohen & Company, LLC $ (4,953 ) $ 13,908 $ 8,567 Total revenues (4,953 ) 13,908 8,567 Operating income / (loss) (4,953 ) 13,908 8,567 Non-operating expense Interest expense (3,443 ) (2,812 ) (3,218 ) Income / (loss) before income taxes (8,396 ) 11,096 5,349 Income tax (benefit) / expense 4,993 (712 ) (8,856 ) Net income / (loss) $ (13,389 ) $ 11,808 $ 14,205  See accompanying notes to condensed financial statements. COHEN & COMPANY INC. CONDENSED FINANCIAL INFORMATION OF REGISTRANT COHEN & COMPANY INC. (PARENT COMPANY) Statements of Cash Flows (Dollars in Thousands) For the Year Ended December 31, 2022 2021 2020 Operating activities Net income / (loss) $ (13,389 ) $ 11,808 $ 14,205 Adjustments to reconcile net income / (loss) to net cash provided by / (used) in operating activities: Equity in undistributed earnings / (loss) from Cohen & Company, LLC 4,953 (13,908 ) (8,567 ) Distributions from / (contributions to) Cohen & Company, LLC 5,433 (2,662 ) 9,388 Amortization of discount of debt 563 526 434 (Increase) / decrease in other assets (166 ) - 21 Increase / (decrease) in accounts payable and other liabilities 199 (74 ) (34 ) Increase / (decrease) in deferred income taxes 5,041 (736 ) (8,877 ) Net cash provided by / (used in) operating activities 2,634 (5,046 ) 6,570 Financing activities Repurchase and repayment of debt - - - Proceeds from issuance of Common Stock - 9,076 - Cash used to net share settle equity awards (76 ) (102 ) (15 ) Principal payments on debt - (2,400 ) (4,386 ) Repurchase of stock - (857 ) (2,142 ) Dividends paid to stockholders (2,558 ) (671 ) (27 ) Net cash provided by / (used in) financing activities (2,634 ) 5,046 (6,570 ) Net increase (decrease) in cash and cash equivalents - - - Cash and cash equivalents, beginning of period - - - Cash and cash equivalents, end of period $ - $ - $ - See accompanying notes to condensed financial statements. COHEN & COMPANY INC. CONDENSED FINANCIAL INFORMATION OF REGISTRANT COHEN & COMPANY INC. (PARENT COMPANY) NOTES TO CONDENSED FINANCIAL STATEMENTS (Dollars in thousands) The accompanying condensed financial statements should be read in conjunction with the consolidated financial statements and related notes of Cohen & Company Inc. Certain prior period amounts have been reclassified to conform to the current period presentation. The Company paid or received cash distributions to / from Cohen & Cohen, LLC as disclosed above in the statements of cash flow.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	A. Principles of Consolidation  The consolidated financial statements reflect the accounts of Cohen & Company Inc. and its subsidiaries that are required to be consolidated under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810, Consolidation 810”  The Company consolidates the Operating LLC, which is its main operating subsidiary and through which it carries out nearly all of its activities. With the exception of the junior subordinated notes included as a component of debt and the deferred tax liability, nearly all of the assets and liabilities included in the Company’s consolidated balance sheet are owned by the Operating LLC or its consolidated subsidiaries. In addition, with the exception of interest expense related to the junior subordinated notes and corporate tax expense, nearly all revenues, expenses, gains, and losses recognized in the consolidated statement of operations are generated by the Operating LLC or its consolidated subsidiaries.  As of December 31, 2018, 2019 December 31, 2022 2021 50%, 50% December 31, 2022, 2021, 2020, 2019. 21, 31.
Use of Estimates, Policy [Policy Text Block]	B. Use of Estimates  The preparation of financial statements in conformity with U.S. GAAP requires management to make assumptions and estimates that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Adoption of New Accounting Standards [Policy Text Block]	C. Adoption of New Accounting Standards  In June 2016, 2016 13, Financial Instruments—Credit Losses (Topic 326 not not not not not 326 20 35 6 zero no 2016 13 January 1, 2020. In January 2017, 2017 04, Intangibles Goodwill and Other (Topic 350 Impairment 2 not 2017 04 January 1, 2020. twelve December 31, 2020. 13. not 2017 04. In August 2018, 2018 13, Fair Value Measurement (Topic 820 820, 3 3 December 15, 2019. 2018 13, January 1, 2020, not In October 2018, 2018 17, Consolidation (Topic 810 for Variable Interest Entities December 15, 2019 2018 17, January 1, 2020, not  In November 2018, 2018 18, Collaborative Arrangements (Topic 808 Between Topic 808 606 not 2018 18, January 1, 2020, not In November 2019, 2019 08, Compensation – Stock Compensation (Topic 718 606 718, Compensation—Stock Compensation 2019 08, January 1, 2020, not  In December 2019, 2019 12, Income Taxes (Topic 740 Simplifying the Accounting for Income Taxes. 740 2019 12, January 1, 2021, not In January 2020, 2020 01, Investments—Equity Securities (Topic 321 323 815 321, 323, 815 321 2020 01, January 1, 2021, not In March 2020, 2020 04 , Reference Rate Reform (Topic 848 January 2021 2021 01 Reference Rate Reform (Topic 848 December 31, 2022. In December 2022, 2022 06 Topic 848 ) and deferred the sunset date from December 31, 2022 December 31, 2024. 2020 04 2021 01, March 12, 2020, not 20. In October 2020, 2020 08, Codification Improvements to Subtopic 310 20, 310 20 35 33 2020 08, January 1, 2022, not In October 2020, 2020 10 Codification Improvements. 2020 10, January 1, 2022, not In May 2021, 2021 04, Earnings Per Share (Topic 260 Modifications and Extinguishments (Subtopic 470 50 718 Contracts in Entity's Own Equity (Subtopic 815 40 Issuer's Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options. not 1 2 3 2021 04, January 1, 2022, not In October 2021, 2021 08, Business Combinations (Topic 805 606 not 2021 08, January 1, 2022, not In October 2021, 2021 10, Government Assistance (Topic 832 2021 10, January 1, 2022, not
Cash and Cash Equivalents, Policy [Policy Text Block]	D. Cash and Cash Equivalents  Cash and cash equivalents consist of cash and short-term, highly liquid investments that have original maturities of three not
Marketable Securities, Policy [Policy Text Block]	E. Financial Instruments  The Company accounts for its investment securities at fair value under various accounting literature including FASB ASC 320, Investments — Debt and Equity Securities 320” , 825, Financial Instruments 825” 946 , Financial Services-Investment Companies 946” 940 320, Proprietary Trading Securities 940 320" .  Certain of the Company’s assets and liabilities are required to be measured at fair value. For those assets and liabilities, the Company determines fair value according to the fair value measurement provisions included in ASC 820, Fair Value Measurements and Disclosures 820” 820 not 820 three 1, 2, 3 In addition, the Company has elected to account for certain of its other financial assets at fair value under the fair value option provisions included in ASC 825. not 9  For financial instruments held by JVB, the Company accounts for them under ASC 940 320. 940 320 940 320 320 940 320 not  For financial instruments held outside of JVB, the Company accounts for them under ASC 320. 320 320 825 320 No 825,  When the Company acquires an investment for the purpose of earning a return rather than to support the Company’s trading or matched book repo operations, the Company classifies that investment as either other investments, at fair value or other investments sold, not not  When the Company acquires an investment that is required to be accounted for under the equity method, the Company will elect the fair value option when the fair value of the investment is either readily determinable or is eligible to be accounted for at NAV under the practical expedient of ASC 946. not 12.  The determination of fair value is based on either quoted market prices of an active exchange, independent broker market quotations, market price quotations from third third  Also, from time to time, the Company may may 810 . 18.  Investments-Trading  Unrealized and realized gains and losses on securities classified as investments-trading are recorded in net trading in the consolidated statements of operations.  Trading Securities Sold, Not  Trading securities sold, not may not Other Investments, at Fair Value  All gains and losses (unrealized and realized) from securities classified as other investments, at fair value in the consolidated balance sheets are recorded as a component of principal transactions and other income in the consolidated statements of operations.  Other investments sold, not Other investments sold, not not may not
Derivatives, Policy [Policy Text Block]	F. Derivative Financial Instruments  FASB ASC 815, Derivatives and Hedging 815” not 815.  All of the derivatives that the Company enters into contain master netting arrangements. If certain requirements are met, the offsetting provisions included in FASB ASC 210, Balance Sheet 210” not 210 not  Derivative financial instruments are recorded at fair value. If the derivative was entered into as part of the Company’s broker-dealer operations, it will be included as a component of investments-trading or trading securities sold, not not  The Company may, may  TBAs are forward contracts to purchase or sell MBS whose collateral remain “to be announced” until just prior to the trade settlement. In addition to TBAs, the Company sometimes enters into forward purchases or sales of agency MBS where the underlying collateral has been identified. These transactions are referred to as other forward agency MBS contracts. TBAs and other forward agency MBS contracts are accounted for as derivatives by the Company under ASC 815. not  In addition to TBAs and other forward agency MBS contracts as part of the Company’s broker-dealer operations, the Company may not not  Derivatives involve varying degrees of off-balance sheet risk, whereby changes in the level or volatility of interest rates or market values of the underlying financial instruments may 10.
Receivables from and Payables to Brokers, Dealers and Clearing Agencies [Policy Text Block]	G. Receivables from and payables to brokers, dealers, and clearing agencies  Receivables from brokers, dealers, and clearing agencies may may 2016 13, may not not 6.
Property, Plant and Equipment, Policy [Policy Text Block]	H. Furniture, Equipment, and Leasehold Improvements, Net  Furniture, equipment, and leasehold improvements are stated at cost, less accumulated depreciation and amortization, and are included as a component of other assets in the consolidated balance sheets. Furniture and equipment are depreciated on a straight-line basis over their estimated useful life of 3 to 5 years. Leasehold improvements are amortized over the lesser of their useful life or lease term, which generally ranges from 5 to 10 years. See note 16.
Goodwill and Intangible Assets, Policy [Policy Text Block]	I. Goodwill and Intangible Assets with Indefinite Lives  Goodwill represents the amount of the purchase price in excess of the fair value assigned to the individual assets acquired and liabilities assumed in various acquisitions completed by the Company. See note 13. 350, 350” not  The Company measures its goodwill for impairment on an annual basis or when events indicate that goodwill may not  The Company includes intangible assets comprised primarily of its broker-dealer licenses in other assets on its consolidated balance sheets that it considers to have indefinite useful lives. The Company reviews these assets for impairment on an annual basis.
Consolidation, Variable Interest Entity, Policy [Policy Text Block]	J. Variable Interest Entities  ASC 810 not  Once it is determined that the Company holds a variable interest in a VIE, ASC 810 18
Repurchase and Resale Agreements Policy [Policy Text Block]	K. Collateralized Securities Transactions  The Company may  In the case of reverse repurchase agreements, the Company generally takes possession of securities as collateral. Likewise, in the case of repurchase agreements, the Company is required to provide the counterparty with securities as collateral.  In certain cases, a repurchase agreement and a reverse repurchase agreement may 210 not  ASC 210  The Company classifies reverse repurchase agreements as a separate line item within the assets section of the Company’s consolidated balance sheets. The Company classifies repurchase agreements as a separate line item within the liabilities section of the Company’s consolidated balance sheets.  In the case of reverse repurchase agreements, if the counterparty is unable or unwilling to fulfill its obligation to repurchase the collateral securities at maturity, the Company can sell the collateral securities to repay the obligation. However, the Company is at risk that it may may  In the case of repurchase agreements, if the counterparty makes a margin call and the Company is unable or unwilling to meet the margin call, the counterparty can sell the securities to repay the obligation. The Company is at risk that the counterparty may may  In general, reverse repurchase agreements and repurchase agreements allow each counterparty to re-pledge or resell the collateral securities to other counterparties. See note 11.
Debt, Policy [Policy Text Block]	L. Debt  Debt is recorded at its face amount, less any discount or plus any premium. Debt issuance costs are included as a component of discount on debt. Any discount on debt is amortized as a component of interest expense using the effective interest method. The Company has not 825. 20.
Redeemable Financial Instruments [Policy Text Block]	M. Redeemable Financial Instruments  Redeemable financial instruments are investments made in the Operating LLC or other operating subsidiaries. These investments entitle the holder to an investment return that is variable and is based on the operating results of certain business units of the Company. These investments can be redeemed by the Company under certain circumstances or the holder may no 19 31.
Revenue [Policy Text Block]	N. Revenue Recognition  Net trading  Net trading includes: (i) all gains, losses, interest income, dividend income, and interest expense from securities classified as investments-trading and trading securities sold, not no 10. not third third  Asset management  Asset management revenue consists of management fees earned from Investment Vehicles. In the case of CDOs, the fees earned by the Company generally consist of senior, subordinated, and incentive fees. The senior asset management fee is generally senior to all the securities in the CDO capital structure and is recognized on a monthly basis as services are performed. The senior asset management fee is generally paid on a quarterly basis. The subordinated asset management fee is an additional payment for the same services but has a lower priority in the CDO cash flows. If the CDO experiences a certain level of asset defaults and deferrals, these fees may not no not not five seven not not not  New issue and advisory  New issue and advisory revenue include: (i) new issue revenue associated with originating, arranging, or placing newly created financial instruments, (ii) revenue from advisory services, and (iii) new issue revenue associated with arranging the issuance of and placing newly created financial instruments. New issue and advisory revenue is recognized when the Company’s performance obligations have been satisfied and payment is earned and collectability is reasonably assured. Principal transactions and other income  Principal transactions include all gains, losses, and income from financial instruments classified as other investments, at fair value and other investments sold, not  Investments classified as other investments, at fair value and other investments sold, not third third Other income /(loss) includes foreign currency gains and losses, interest earned on cash and cash equivalents, interest earned and losses incurred on notes receivable, and other miscellaneous income including revenue from revenue sharing arrangements.
Interest Expense, Policy [Policy Text Block]	O. Interest Expense, net  Interest expense incurred, other than interest income and expense included as a component of net trading is recorded on an accrual basis and presented in the consolidated statements of operations as a separate non-operating expense. See notes 19 20.
Lessee, Leases [Policy Text Block]	P. Leases  The Company leases office space, certain computer and related equipment and a vehicle under a non-cancelable operating lease. From time to time, the Company sub-leases office space to other tenants. Under the requirements of ASC 842, no
Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]	Q. Non-Controlling Interest  The equity interests of any consolidated subsidiary that are not 21.
Share-Based Payment Arrangement [Policy Text Block]	R. Equity-Based Compensation  The Company accounts for equity-based compensation issued to its employees using the fair value-based methodology prescribed by the provisions related to share-based payments included in FASB ASC 718, Compensation-Stock Compensation 718” three 718. First, the Company may no Second, the Company may no Third, employees may 718. not no
Income Tax, Policy [Policy Text Block]	S. Accounting for Income Taxes  Cohen & Company Inc. is treated as a C corporation for United States federal and state income tax purposes. The Company’s voting-controlled subsidiary, the Operating LLC, is treated as a pass-through entity for U.S. federal income tax purposes and in most of the states in which it does business. However, in the periods presented, the Operating LLC or its subsidiaries have been subject to entity level income taxes in certain foreign jurisdictions as well as New York City and Philadelphia.  The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, deferred tax assets and liabilities are determined based on the differences between the U.S. GAAP and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date.  The Company records net deferred tax assets to the extent the Company believes these assets will more likely than not 23  The Company’s policy is to record penalties and interest as a component of income tax expense (benefit) in the consolidated statements of operations.
Comprehensive Income, Policy [Policy Text Block]	T. Other Comprehensive Income / (Loss)  The Company reports the components of comprehensive income / (loss) within the consolidated statements of operations and comprehensive income / (loss). Comprehensive income / (loss) includes net income / (loss) from foreign translation adjustment.
Earnings Per Share, Policy [Policy Text Block]	U. Earnings / (Loss) Per Common Share  In accordance with FASB ASC 260, Earnings Per Share 260” not 26
Concentration Risk, Credit Risk, Policy [Policy Text Block]	V. Business Concentration  A significant portion of the Company’s asset management revenues in a year may December 31, 2022 Other than revenue earned in its matched book repo operations, the Company’s trading revenue is generated from transactions with a diverse set of institutional customers. The Company does not 11
Fair Value of Financial Instruments, Policy [Policy Text Block]	W. Fair Value of Financial Instruments  The following methods and assumptions were used by the Company in estimating the fair value of its financial instruments. These determinations were based on available market information and appropriate valuation methodologies. Considerable judgment is required to interpret market data to develop the estimates and, therefore, these estimates may not may 9  Cash equivalents 1  Investments-trading third not  Other investments, at fair value not  Receivables under resale agreements 2  Trading securities sold, not third not  Other investments, sold not not Securities sold under agreement to repurchase one 2 Redeemable financial instruments 3 Debt December 31, 2022 2021 3  Derivatives may not 10 11. third
Investments in Special Purpose Acquisition Companies ("SPACs") Sponsor Entitles [Policy Text Block]	X. The Company invested in the sponsor entities of SPACs. Sponsor entities are limited liability companies (each an "LLC") that pool their members' interests and invest in the private placement of a SPAC. The SPAC will also raise funds in a public offering and seek to complete a business combination within an agreed upon time frame. The SPAC will use the proceeds raised from the private placement to pay transaction and operating expenses during the period it is seeking a business combination. The proceeds of the public offering are placed in an interest bearing trust and can only be used to complete the business combination. Generally, the public investors must approve any business combination prior to its effectiveness. If a business combination is not may • The sponsor entities are LLCs that give all important decision making rights to their respective managing member. Furthermore, the other members of the LLC cannot replace the managing member. Accordingly, the Company has concluded that the sponsor entities are VIEs and the managing member has the power to direct its most important economic activities. In all cases where the Company was a the managing member of a sponsor entity, it has also had a significant economic interest in such sponsor entity and therefore consolidates such sponsor entity. • In all cases where the Company had consolidated a sponsor entity, it has determined that the sponsor entity's private placement investment in the SPAC that it sponsors should be treated as an equity method investment during the SPAC's pre-business combination period. Furthermore, because of the difficulty of determining the fair value of such an investment in the SPAC's pre-business combination period, the Company has chosen to not • If a SPAC completed its business combination, the sponsor entity's investment in the SPAC was converted to a combination of unrestricted and restricted shares in the post-business combination SPAC. At this point (assuming the Company consolidated the sponsor entity), the Company accounted for the shares received at fair value. It reclassified any remaining equity method investment to other investments, at fair value and recorded principal transactions income for the difference. The Company recorded non-controlling interest expense for the SPAC shares that were distributable to the non-controlling interest holders of the sponsor entity. The fair value of the unrestricted shares received is equal to the public trading price of the SPAC on the date of the business combination. The fair value of the restricted shares received was adjusted downwards from the public trading price for certain sale restrictions imposed (generally, they are restricted for sale for some time period and subject to certain hurdle prices before they became freely tradeable). The Company uses a Monte Carlo simulation model to determine the appropriate discount to place on shares that are subject to hurdle prices. In the case of a SPAC business combination where the Company consolidated the sponsor entity, generally there is also an equity-based compensation entry to be recorded at the date of the business combination. See equity-based compensation section above. The Company will continue to mark the sponsor entity's investment in the SPAC to market and record principal transactions income or loss and offsetting non-controlling interest income or expense until the sponsor entity itself distributes all of the SPAC shares it owns to its members and liquidates. At that point, the Company held the SPAC shares directly (rather than through a consolidated subsidiary) and recorded principal transaction income and loss until the SPAC shares were liquidated. • The Company also invested in sponsor entities that it does not not not not • If a SPAC completed a business combination and the Company had an equity method investment in the associated sponsor entity, upon completing a business combination, the sponsor entity recorded income equal to the difference between the fair value of the restricted and unrestricted shares it received and the carrying value of its equity method investment in the SPAC. The Company recognized its share of this gain as income from equity method affiliates. The sponsor entity continued to mark its investment in the SPAC to market after the business combination and the Company recognized its share of the change in fair value as income or loss from equity method affiliates. Once the sponsor entity distributed the Company's share of the SPAC shares it owned, the Company reclassified its investment from investment in equity method affiliate to other investments, at fair value as the Company held the SPAC shares directly (rather than through an equity method investee). The Company then recorded principal transactions income and loss until the SPAC shares are liquidated. • If a SPAC liquidated and the Company had an investment in it (either directly in the case of consolidated sponsor entities or indirectly in the case of equity method sponsor entities), the Company wrote off its remaining equity method balance and recorded a loss on its equity method investment. In the case of consolidated sponsor entities, the Company recorded an offsetting entry to non-controlling interest.
New Accounting Pronouncements, Policy [Policy Text Block]	Y. Recent Accounting Developments In August 2020, 2020 06, Debt—Debt with Conversion and Other Options (Subtopic 470 20 815 40 December 15, 2023, may In March 2022, 2022 02, Financial Instruments Credit Losses (Topic 326 December 15, 2022, not In June 2022, 2022 03, Fair Value Measurement (Topic 820 Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions not not December 15, 2023. may

Note 2 - Basis of Presentation

Note 2 - Basis of Presentation (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	Balance Sheet As Stated Revised Change Deferred income taxes $ 9,468 $ 11,513 $ 2,045 Accounts payable and other liabilities 22,701 22,819 118 Accumulated deficit (9,730 ) (9,204 ) 526 Non-controlling interest $ 88,091 $ 89,492 $ 1,401 Income Statement Income tax expense (benefit) $ (1,614 ) $ (3,541 ) $ (1,927 ) Net Income (loss) 72,111 74,038 1,927 Net Income attributable to non-controlling interests 60,829 62,230 1,401 Net income (loss) attributable to Cohen & Company Inc. $ 11,282 $ 11,808 $ 526 Basic Earnings Per Share $ 9.50 $ 9.95 $ 0.45 Diluted Earnings Per Share $ 7.48 $ 7.83 $ 0.35

Note 5 - Net Trading (Tables)

Note 5 - Net Trading (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Net Trading [Table Text Block]	For the Year Ended December 31, 2022 2021 2020 Net realized gains / (losses)- trading inventory $ 12,583 $ 21,103 $ 31,269 Net unrealized gains / (losses)-trading inventory (2,463 ) (3,069 ) 2,076 Gains and losses 10,120 18,034 33,345 Interest income-trading inventory 2,888 5,958 7,759 Interest income-reverse repos 47,023 78,064 92,389 Interest income 49,911 84,022 100,148 Interest expense-repos (31,021 ) (40,269 ) (65,030 ) Interest expense-LegacyTexas Credit Facility - - (39 ) Interest expense-margin payable (2,680 ) (706 ) (1,134 ) Interest expense (33,701 ) (40,975 ) (66,203 ) Other trading revenue 13,679 8,304 6,321 Net trading $ 40,009 $ 69,385 $ 73,611

Note 6 - Receivables from and_2

Note 6 - Receivables from and Payables to Brokers, Dealers, and Clearing Agencies (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Due to (from) Broker-Dealer and Clearing Organization [Table Text Block]	As of December 31, 2022 2021 Deposits with clearing organizations $ 250 $ 250 Unsettled regular way trades, net - 2,827 Receivable from clearing organizations 140,683 65,315 Receivables from brokers, dealers, and clearing agencies $ 140,933 $ 68,392 As of December 31, 2022 2021 Unsettled regular way trades, net $ 3,238 $ - Margin payable 131,747 160,896 Payables to brokers, dealers, and clearing agencies $ 134,985 $ 160,896

Note 7 - Other Receivables (Tab

Note 7 - Other Receivables (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	As of December 31, 2022 2021 Asset management fees receivable $ 936 $ 962 New issue fees receivable 167 - Cash collateral due from repo and/or reverse repo counterparties 4,301 - Accrued interest receivable 2,561 1,394 Revenue share receivable 138 108 Agency repo income receivable 806 419 Miscellaneous other receivables 618 320 Other receivables $ 9,527 $ 3,203

Note 8 - Financial Instruments

Note 8 - Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block]	As of December 31, 2022 2021 U.S. Treasury securities $ 12,392 $ - U.S. government agency MBS and CMOs 97,276 134,093 U.S. government agency debt securities 19,683 22,373 RMBS 7 9 Residential mortgage loans 13,506 - ABS 1 1 Corporate bonds and redeemable preferred stock 44,572 45,519 Foreign government bonds - 467 Municipal bonds 19,502 18,841 Certificates of deposit - 169 Derivatives 4,669 1,275 Equity securities 220 1,118 Investments-trading $ 211,828 $ 223,865
Investments Sold, Not yet Purchased [Table Text Block]	As of December 31, 2022 2021 U.S. Treasury securities $ 71,386 $ 29,513 U.S. government agency MBS and CMOs 1 1 U.S. government agency debt securities 32 - Corporate bonds and redeemable preferred stock 61,310 32,574 Derivatives 1,177 424 Equity securities 51 - Trading securities sold, not yet purchased $ 133,957 $ 62,512 As of December 31, 2022 2022 2021 Equity securities $ 78 $ 2,488 Other investments sold, not yet purchased $ 78 $ 2,488
Schedule of Other Investments at Fair Value [Table Text Block]	As of December 31, 2022 2022 2021 Equity securities $ 13,725 $ 27,104 Restricted equity securities 3,135 17,078 Corporate bonds and redeemable preferred stock 476 476 CREO JV 6,568 5,830 U.S. Insurance JV 3,459 3,450 SPAC Fund 527 1,980 Residential loans 132 115 Other investments, at fair value $ 28,022 $ 56,033

Note 9 - Fair Value Disclosur_2

Note 9 - Fair Value Disclosures (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Significant Significant Quoted Prices in Other Observable Unobservable Active Markets Inputs Inputs Assets Fair Value (Level 1) (Level 2) (Level 3) Investments-trading: U.S. Treasury securities $ 12,392 $ 12,392 $ - $ - U.S. government agency MBS and CMOs 97,276 - 97,276 - U.S. government agency debt securities 19,683 - 19,683 - RMBS 7 - 7 - Residential mortgage loans 13,506 - 13,506 - ABS 1 - 1 - Corporate bonds and redeemable preferred stock 44,572 - 44,572 - Municipal bonds 19,502 - 19,502 - Derivatives 4,669 - 4,669 - Equity securities 220 220 - - Total investments - trading $ 211,828 $ 12,612 $ 199,216 $ - Other investments, at fair value: Equity securities $ 13,725 13,725 $ - $ - Restricted equity securities 3,135 3,135 - Corporate bonds and redeemable preferred stock 476 - 476 - Residential loans 132 - 132 - 17,468 $ 13,725 $ 3,743 $ - Investments measured at NAV (1) 10,554 Total other investments, at fair value $ 28,022 Liabilities Trading securities sold, not yet purchased: U.S. government agency MBS and CMOs $ 1 $ - $ 1 $ - U.S. government agency debt securities 32 - 32 - U.S. Treasury securities 71,386 71,386 - - Corporate bonds and redeemable preferred stock 61,310 - 61,310 - Derivatives 1,177 - 1,177 - Equity securities 51 51 - - Total trading securities sold, not yet purchased $ 133,957 $ 71,437 $ 62,520 $ -  Other investments, sold not yet purchased: Equity securities $ 78 $ 78 $ - $ - Total other investments, sold not yet purchased $ 78 $ 78 $ - $ - Significant Significant Quoted Prices in Other Observable Unobservable Active Markets Inputs Inputs Assets Fair Value (Level 1) (Level 2) (Level 3) Investments-trading: U.S. government agency MBS and CMOs $ 134,093 $ - $ 134,093 $ - U.S. government agency debt securities 22,373 - 22,373 - RMBS 9 - 9 - ABS 1 - 1 - Corporate bonds and redeemable preferred stock 45,519 - 45,519 - Foreign government bonds 467 - 467 - Municipal bonds 18,841 - 18,841 - Certificates of deposit 169 - 169 - Derivatives 1,275 - 1,275 - Equity securities 1,118 - 1,118 - Total investments - trading $ 223,865 $ - $ 223,865 $ - Other investments, at fair value: Equity securities $ 27,104 $ 27,104 $ - $ - Restricted equity securities 17,078 - 17,078 - Corporate bonds and redeemable preferred stock 476 - 476 - Residential loans 115 - 115 - 44,773 $ 27,104 $ 17,669 $ - Investments measured at NAV (1) 11,260 Total other investments, at fair value $ 56,033 Liabilities Trading securities sold, not yet purchased: U.S. Treasury securities $ 29,513 $ 29,513 $ - $ - U.S. government agency MBS and CMOs 1 1 - - Corporate bonds and redeemable preferred stock 32,574 - 32,574 - Derivatives 424 - 424 - Total trading securities sold, not yet purchased $ 62,512 $ 29,514 $ 32,998 $ -  Other investments, sold not yet purchased: Derivatives $ 2,488 $ 2,488 $ - $ - Total other investments, sold not yet purchased $ 2,488 $ 2,488 $ - $ -
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Table Text Block]	December 31, 2022 Unfunded Commitments Redemption Frequency Redemption Notice Period Other investments, at fair value CREO JV (a) $ 6,568 $ 8,464 N/A N/A U.S. Insurance JV (b) 3,459 N/A N/A N/A SPAC Fund (c) 527 N/A Quarterly after 1 year lock up 30 days $ 10,554 December 31, 2021 Unfunded Commitments Redemption Frequency Redemption Notice Period Other investments, at fair value CREO JV (a) $ 5,830 $ 9,170 N/A N/A U.S. Insurance JV (b) 3,450 N/A N/A N/A SPAC Fund (c) 1,980 NA Quarterly after 1 year lock up 30 days $ 11,260

Note 10 - Derivative Financia_2

Note 10 - Derivative Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Derivatives Not Designated as Hedging Instruments [Table Text Block]	As of December 31, Derivative Financial Instruments Not Designated as Hedging Instruments Under ASC 815 Balance Sheet Classification 2022 2021 TBAs and other forward agency MBS Investments-trading $ 4,669 $ 1,275 TBAs and other forward agency MBS Trading securities sold, not yet purchased (1,177 ) (424 ) $ 3,492 $ 851
Derivative Instruments, Gain (Loss) [Table Text Block]	For the Year Ended December 31, Derivative Financial Instruments Not Designated as Hedging Instruments Under ASC 815 Income Statement Classification 2022 2021 2020 TBAs and other forward agency MBS Revenues-net trading $ 8,883 $ 7,460 $ 5,219 Equity derivatives Principal transactions and other income - (233 ) 105 $ 8,883 $ 7,227 $ 5,324

Note 11 - Collateralized Secu_2

Note 11 - Collateralized Securities Transactions (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Table Text Block]	Repurchase Agreements Remaining Contractual Maturity of the Agreements Collateral Type: Overnight and Continuous Up to 30 days 30 - 90 days Greater than 90 days Total MBS (gestation repo) $ - $ 452,797 $ - $ - $ 452,797 Reverse Repurchase Agreements Remaining Contractual Maturity of the Agreements Collateral Type: Overnight and Continuous Up to 30 days 30 - 90 days Greater than 90 days Total MBS (gestation repo) $ - $ 437,692 $ - $ - $ 437,692 Repurchase Agreements Remaining Contractual Maturity of the Agreements Collateral Type: Overnight and Continuous Up to 30 days 30 - 90 days Greater than 90 days Total MBS (gestation repo) $ - $ 3,171,415 $ - $ - $ 3,171,415 Reverse Repurchase Agreements Remaining Contractual Maturity of the Agreements MBS (gestation repo) $ - $ 3,175,645 $ - $ - $ 3,175,645

Note 12 - Investments in Equi_2

Note 12 - Investments in Equity Method Affiliates (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Equity Method Investments [Table Text Block]	Insurance SPACs Dutch Real Estate Entities Other SPAC Sponsor Entities Total January 1, 2020 $ 3,222 $ 577 $ - $ 3,799 Investments / advances 10,325 2,097 300 12,722 Distributions / repayments (84 ) - - (84 ) Earnings / (loss) realized (3,656 ) 638 63 (2,955 ) December 31, 2020 9,807 3,312 363 13,482 Investments / advances - 2,425 5,967 8,392 Distributions / repayments (3,958 ) - (249 ) (4,207 ) Reclasses to (from) - - (5,439 ) (5,439 ) Earnings / (loss) realized (1,306 ) (137 ) 37,453 36,010 December 31, 2021 4,543 5,600 38,095 48,238 Investments / advances 1,355 - 1,259 2,614 Distributions / repayments - - (77 ) (77 ) Reclasses to (from) - - (20,915 ) (20,915 ) Earnings / (loss) realized (5,898 ) (70 ) (14,963 ) (20,931 ) December 31, 2022 $ - $ 5,530 $ 3,399 $ 8,929 December 31, 2022 December 31, 2021 Total Assets $ 894,858 $ 1,158,081 Liabilities $ 400,927 $ 193,433 Total Equity 493,931 964,648 Total Liabilities & Equity $ 894,858 $ 1,158,081 Year Ended December 31, 2022 2021 2020 Net income/(loss) $ (105,447 ) $ 277,134 $ 21,416 Net income/(loss) attributable to the investee $ (105,460 ) $ 277,134 $ 21,416

Note 13 - Goodwill (Tables)

Note 13 - Goodwill (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Goodwill [Table Text Block]	As of December 31, 2022 2021 AFN $ 109 $ 109 JVB - - Goodwill $ 109 $ 109

Note 14 - Leases (Tables)

Note 14 - Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	As of December 31, 2022 2023 $ 2,694 2024 2,165 2025 1,795 2026 1,507 2027 1,515 Thereafter 2,246 Total 11,922 Less imputed interest (1,475 ) Lease obligation $ 10,447

Note 15 - Other Assets (Tables)

Note 15 - Other Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Other Assets [Table Text Block]	As of December 31, 2022 2021 Deferred costs $ 133 $ 240 Prepaid expenses 1,325 1,286 Deposits 450 479 Miscellaneous other assets - 258 Furniture, equipment, and leasehold improvements, net 1,472 1,456 Intangible assets 166 166 Other assets $ 3,546 $ 3,885

Note 16 - Furniture, Equipmen_2

Note 16 - Furniture, Equipment, and Leasehold Improvements, Net (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Property, Plant and Equipment [Table Text Block]	As of December 31, Estimated Useful Lives (In Years) 2022 2021 Furniture and equipment 3 to 5 $ 1,672 $ 1,525 Leasehold improvements 5 to 10 1,962 1,545 3,634 3,070 Accumulated depreciation (2,162 ) (1,614 ) Furniture, equipment, and leasehold improvements, net $ 1,472 $ 1,456

Note 17 - Accounts Payable an_2

Note 17 - Accounts Payable and Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]	As of December 31, 2022 2021 Accounts payable $ 891 $ 122 Redeemable financial instruments accrued interest - 291 Accrued income tax 70 179 Accrued interest payable 452 558 Accrued interest on securities sold, not yet purchased 1,561 704 Payroll taxes payable 1,565 1,548 Cash collateral held from repo and or reverse repo counterparties 4,301 17,320 Accrued expense and other liabilities 2,599 2,097 Accounts payable and other liabilities $ 11,439 $ 22,819

Note 18 - Variable Interest E_2

Note 18 - Variable Interest Entities (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Summary of Consolidated Variable Interest Entities [Table Text Block]	As of December 31, 2022 2021 Cash and cash equivalents $ 19 $ 43 Other investments, at fair value - 9,543 Investment in equity method affiliates 23 33,080 Non-controlling interest (15 ) (29,979 ) Investment in consolidated VIEs $ 27 $ 12,687
Schedule of Variable Interest Entities [Table Text Block]	As of December 31, 2022 2021 Other investments, at fair value $ 10,554 $ 11,260 Investments in equity method affiliates 3,376 5,015 Maximum Exposure $ 13,930 $ 16,275

Note 19 - Redeemable Financia_2

Note 19 - Redeemable Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Redeemable Financial Instruments [Table Text Block]	As of December 31, 2022 2021 JKD Investor $ 7,868 $ 7,957 $ 7,868 $ 7,957

Note 20 - Debt (Tables)

Note 20 - Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Debt [Table Text Block]	As of December 31, Description 2022 2021 Interest Rate Terms Interest (2) Maturity Non-convertible debt: 10.00% senior note (the "2020 Senior Notes") $ 4,500 $ 4,500 Fixed 10.00% January 2024 Contingent convertible debt: 8.00% convertible senior note (the "2017 Convertible Note") - 15,000 Fixed 8.00% March 2023 Less unamortized debt issuance costs - (67 ) - 14,933 Junior subordinated notes (1): Alesco Capital Trust I 28,125 28,125 Variable 8.41% July 2037 Sunset Financial Statutory Trust I 20,000 20,000 Variable 8.88% March 2035 Less unamortized discount (23,601 ) (24,164 ) 24,524 23,961 Byline Bank - - Variable N/A December 2023 Total $ 29,024 $ 43,394
Schedule Of Interest Expense By Debt Instrument [Table Text Block]	Year Ended December 31, 2022 2021 2020 Junior subordinated notes $ 3,442 $ 2,601 $ 2,882 2020 Senior Notes 458 540 496 2017 Convertible Note 327 1,534 1,505 2013 Convertible Notes / 2019 Senior Notes - 211 336 FT LOC / Byline LOC 247 435 1,102 Redeemable Financial Instrument - DGC Trust / CBF - 197 1,490 Redeemable Financial Instrument - JKD Investor 508 1,715 1,883 Redeemable Financial Instrument - ViaNova Capital Group, LLC - - (105 ) $ 4,982 $ 7,233 $ 9,589

Note 21 - Equity (Tables)

Note 21 - Equity (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule Of Unrestricted Common Stock And Restricted Common Stock Activity [Table Text Block]	Common Stock Restricted Stock Total December 31, 2019 (1) 1,119,909 73,715 1,193,624 Issuance of shares - - - Issuance as equity-based compensation - 268,129 268,129 Vesting of shares 55,278 (55,278 ) - Shares withheld for employee taxes (15,043 ) - (15,043 ) Forfeiture / cancellation of restricted stock - - - Repurchase and retirement of common stock (121,181 ) - (121,181 ) December 31, 2020 (1) 1,038,963 286,566 1,325,529 Issuance of shares 300,859 - 300,859 Issuance as equity-based compensation - 142,376 142,376 Vesting of shares 62,649 (62,649 ) - Shares withheld for employee taxes (21,777 ) - (21,777 ) Forfeiture / cancellation of restricted stock - - - Repurchase and retirement of common stock (49,544 ) - (49,544 ) December 31, 2021 (1) 1,331,150 366,293 1,697,443 Issuance of shares - - - Issuance as equity-based compensation - 92,400 92,400 Vesting of shares 117,634 (117,634 ) - Shares withheld for employee taxes (15,501 ) - (15,501 ) Forfeiture / cancellation of restricted stock - - - Repurchase and retirement of common stock - - - December 31, 2022 (1) 1,433,283 341,059 1,774,342
Units Received Pursuant To Agreement [Table Text Block]	Cohen & Company Inc. Daniel G. Cohen DGC Trust Others Total December 31, 2019 11,199,084 17,801,275 9,880,268 72,088 38,952,715 Issuance of Units under UIS, net 402,350 - - - 402,350 Issuance of Units as equity compensation - - - - - Vesting of units 275,000 275,000 Repurchase and retirement of Common Stock (1,211,810 ) - - - (1,211,810 ) December 31, 2020 10,389,624 18,076,275 9,880,268 72,088 38,418,255 Issuance of Units under UIS, net 3,417,310 - - - 3,417,310 Issuance of Units as equity compensation - - - - - Vesting of units - 529,040 - 10 529,050 Repurchase and retirement of Common Stock (495,440 ) - - - (495,440 ) December 31, 2021 13,311,494 18,605,315 9,880,268 72,098 41,869,175 Issuance of Units under UIS, net 1,021,330 - - - 1,021,330 Issuance of Units as equity compensation - - - - - Vesting of units - 751,540 - 751,540 Issuance of units under 2017 Convertible Note - - 10,344,827 - 10,344,827 December 31, 2022 14,332,824 19,356,855 20,225,095 72,098 53,986,872
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Table Text Block]	For the Year Ended December 31, 2022 2021 2020 Net income / (loss) attributable to Cohen & Company Inc. $ (13,389 ) $ 11,808 $ 14,205 Transfers (to) from the non-controlling interest: Increase / (decrease) in Cohen & Company Inc.'s paid in capital for the acquisition / (surrender) of additional units in consolidated subsidiary, net (338 ) (1,929 ) (1,765 ) Changes from net income / (loss) attributable to Cohen & Company Inc. and transfers (to) from non-controlling interest $ (13,727 ) $ 9,879 $ 12,440
Non-controlling Interest, Changes in Ownership Activity [Table Text Block]	Operating LLC Insurance SPAC Sponsor Entities Insurance SPAC II Sponsor Entities Insurance SPAC III Sponsor Entities Other Consolidated Subsidiaries Total December 31, 2019 $ 13,175 $ 2,262 $ - $ - $ - $ 15,437 Non-controlling interest share of (loss) 14,200 9,328 (262 ) (16 ) 998 24,248 Other comprehensive income 103 - - - - 103 Acquisition / (surrender) of additional units of consolidated subsidiary 1,706 - - - - 1,706 Equity-based compensation 613 11,700 - - - 12,313 Shares withheld for employee taxes (39 ) - - - - (39 ) Dividends/distributions to convertible non-controlling interest (35 ) - - - - (35 ) Non-convertible non-controlling interest investment - - 4,557 5,432 3,500 13,489 Non-convertible non-controlling interest distributions - (6,604 ) - - (3,090 ) (9,694 ) December 31, 2020 $ 29,723 $ 16,686 $ 4,295 $ 5,416 $ 1,408 $ 57,528 Non-controlling interest share of (loss) 26,656 3,560 17,644 (615 ) 14,985 62,230 Other comprehensive income (170 ) - - - - (170 ) Acquisition / (surrender) of additional units of consolidated subsidiary 1,939 - - - - 1,939 Equity-based compensation 1,859 - 13,068 - - 14,927 Shares withheld for employee taxes (276 ) - - - - (276 ) Dividends/distributions to convertible non-controlling interest (2,103 ) - - - - (2,103 ) Non-convertible non-controlling interest investment - - 7 17,088 17,095 Non-convertible non-controlling interest distributions (20,246 ) (35,007 ) - (6,425 ) (61,678 ) December 31, 2021 $ 57,628 $ - $ - $ 4,808 $ 27,056 $ 89,492 Non-controlling interest share of (loss) (22,078 ) - - (4,808 ) (18,395 ) (45,281 ) Other comprehensive income (152 ) - - - - (152 ) Acquisition / (surrender) of additional units of consolidated subsidiary 334 - - - - 334 Equity-based compensation 3,181 - - - - 3,181 Shares withheld for employee taxes (158 ) - - - - (158 ) Dividends/distributions to convertible non-controlling interest (6,485 ) - - - - (6,485 ) Convertible non-controlling interest investment 15,000 - - - - 15,000 Non-convertible non-controlling interest investment - - - - 9 9 Non-convertible non-controlling interest distributions - - - - (8,653 ) (8,653 ) December 31, 2022 $ 47,270 $ - $ - $ - $ 17 $ 47,287

Note 22 - Equity-based Compen_2

Note 22 - Equity-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]	For the Year Ended December 31, 2022 2021 2020 Equity based compensation expense $ 4,390 $ 15,718 $ 12,553 Non equity-based compensation expense 45,900 69,330 47,349 Total compensation and benefits $ 50,290 $ 85,048 $ 59,902
Share-Based Payment Arrangement, Cost by Plan [Table Text Block]	For the Year Ended December 31, 2022 2021 2020 Restricted Stock or Units - 2006/2010 Plans $ 21 $ 291 $ 635 Restricted Stock or Units - 2020 Plan 4,369 2,359 218 Membership interests in consolidated sponsor entities - 13,068 11,700 Total equity-based compensation expense $ 4,390 $ 15,718 $ 12,553
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	Number of Shares of Restricted Stock Weighted Average Grant Date Fair Value Unvested at January 1, 2020 73,715 $ 9.22 Granted 268,129 14.65 Vested (55,278 ) 9.63 Unvested at December 31, 2020 286,566 14.23 Granted 142,376 17.94 Vested (62,649 ) 7.59 Unvested at December 31, 2021 366,293 16.80 Granted 92,400 11.13 Vested (117,634 ) 14.08 Unvested at December 31, 2022 341,059 16.17 Number of Restricted Units Weighted Average Grant Date Fair Value Unvested at January 1, 2020 550,000 $ 0.80 Granted 2,508,080 1.54 Vested (275,000 ) 0.80 Forfeited - - December 31, 2020 2,783,080 1.46 Granted 4,617,000 2.07 Vested (529,050 ) 0.62 Forfeited - - Unvested at December 31, 2021 6,871,030 1.93 Granted 422,000 0.85 Vested (751,540 ) 1.35 Forfeited - - Unvested at December 31, 2022 6,541,490 $ 1.93
Share-Based Payment Arrangement, Performance Shares, Activity [Table Text Block]	Membership Units Weighted Average Grant Date Fair Value Unvested at January 1, 2020 1,263,000 $ 9.95 Granted 3,272,500 9.98 Vested (1,175,339 ) 9.95 Forfeited (87,661 ) 9.95 December 31, 2020 3,272,500 9.98 Granted - - Vested (1,309,000 ) 9.99 Forfeited (231,000 ) 9.99 Unvested at December 31, 2021 1,732,500 9.97 Granted - - Vested - - Forfeited (1,732,500 ) 9.97 Unvested at December 31, 2022 - $ -

Note 23 - Income Taxes (Tables)

Note 23 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	For the Year Ended December 31, 2022 2021 2020 Current income tax expense (benefit) Federal income tax expense (benefit) $ - $ - $ - Foreign income tax expense (benefit) 198 188 122 State and local income tax expense (benefit) 17 387 86 215 575 208 Deferred income tax expense (benefit) Federal income tax expense (benefit) 4,634 (530 ) (7,430 ) Foreign income tax expense (benefit) - - - State and local income tax expense (benefit) (55 ) (3,586 ) (1,447 ) 4,579 (4,116 ) (8,877 ) Total 4,794 (3,541 ) (8,669 )
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	For the Year Ended December 31, 2022 2021 2020 Domestic $ (54,749 ) $ 69,791 $ 30,317 Foreign 873 706 (533 ) Total $ (53,876 ) $ 70,497 $ 29,784
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	For the Year Ended December 31, 2022 2021 2020 Federal statutory rate $ (11,314 ) $ 14,804 $ 6,255 Pass thru impact 9,509 (13,068 ) (5,092 ) Deferred tax valuation allowance and other 6,439 (2,267 ) (8,593 ) State and local tax 143 (3,197 ) (1,361 ) Foreign tax 17 187 122 Total $ 4,794 $ (3,541 ) $ (8,669 )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	As of December 31, 2022 As of December 31, 2021 Asset Liability Net Asset Liability Net Federal net operating loss carry-forward $ 20,160 $ - $ 20,160 $ 19,678 $ - $ 19,678 State and local net operating loss carry-forward 5,460 - 5,460 5,932 - 5,932 Federal capital loss carry-forward 14,796 - 14,796 17,192 - 17,192 Unrealized gain on debt - (6,505 ) (6,505 ) - (5,679 ) (5,679 ) Investment in Operating LLC 13,682 - 13,682 10,353 - 10,353 Other 998 (227 ) 771 1,045 (1,283 ) (238 ) Gross deferred tax asset / (liability) 55,096 (6,732 ) 48,364 54,200 (6,962 ) 47,238 Less: valuation allowance (41,430 ) - (41,430 ) (35,725 ) - (35,725 ) Net deferred tax asset / (liability) $ 13,666 $ (6,732 ) $ 6,934 $ 18,475 $ (6,962 ) $ 11,513

Note 24 - Accumulated Other C_2

Note 24 - Accumulated Other Comprehensive Income/(Loss) (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	OCI Items Tax Effect Total December 31, 2019 $ (915 ) $ - $ (915 ) Change in foreign currency items 35 - 35 Other comprehensive income / (loss), net 35 - 35 Acquisition / (surrender) of additional units in consolidated subsidiary, net 59 - 59 December 31, 2020 (821 ) - (821 ) Change in foreign currency items (74 ) - (74 ) Other comprehensive income / (loss), net (74 ) - (74 ) Acquisition / (surrender) of additional units in consolidated subsidiary, net (10 ) - (10 ) December 31, 2021 (905 ) - (905 ) Change in foreign currency items (54 ) - (54 ) Other comprehensive income / (loss), net (54 ) - (54 ) Acquisition / (surrender) of additional units in consolidated subsidiary, net 4 - 4 December 31, 2022 $ (955 ) $ - $ (955 )

Note 25 - Net Capital Require_2

Note 25 - Net Capital Requirements (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Broker-Dealer, Net Capital Requirement, SEC Regulation [Table Text Block]	As of December 31, 2022 Actual Net Capital or Liquid Capital Amount Required Excess JVB $ 46,518 $ 250 $ 46,268 CCFESA 1,588 512 1,076 Total $ 48,106 $ 762 $ 47,344 As of December 31, 2021 Actual Net Capital or Liquid Capital Amount Required Excess JVB $ 73,999 $ 250 $ 73,749 CCFESA 1,117 543 574 CCFEL 1,700 895 805 Total $ 76,816 $ 1,688 $ 75,128

Note 26 - Earnings (Loss) Per_2

Note 26 - Earnings (Loss) Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Year Ended December 31, 2022 2021 2020 Net income / (loss) attributable to Cohen & Company Inc. $ (13,389 ) $ 11,808 $ 14,205 Add/ (deduct): Income / (loss) attributable to non-controlling interest attributable to Operating LLC membership (1) - 26,656 14,200 Add: Interest expense incurred on dilutive convertible notes - 1,183 1,162 Add / (deduct): Adjustment (2) - 1,719 9,452 Net income / (loss) on a fully converted basis $ (13,389 ) $ 41,366 $ 39,019 Weighted average common shares outstanding - Basic 1,420,383 1,187,029 1,131,085 Unrestricted Operating LLC units of membership interests exchangeable into Cohen & Company Inc. shares (1) - 2,851,358 2,800,597 Restricted Units or shares - 212,055 124,922 Shares issuable upon conversion of dilutive convertible notes - 1,034,483 1,034,483 Weighted average common shares outstanding - Diluted 1,420,383 5,284,925 5,091,087 Net income / (loss) per common share - Basic $ (9.43 ) $ 9.95 $ 12.56 Net income / (loss) per common share - Diluted (3) $ (9.43 ) $ 7.83 $ 7.66
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Year Ended December 31, 2022 2021 2020 2017 Convertible Note 224,138 - - Restricted Common Stock 18,182 - - Restricted Operating LLC units 3,735,004 - - 3,977,324 - -

Note 28 - Commitments and Con_2

Note 28 - Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Lessee, Future Lease Commitments [Table Text Block]	Lease Less: Sublease Net Commitment 2023 $ 2,694 $ (51 ) $ 2,643 2024 2,165 - 2,165 2025 1,794 - 1,794 2026 1,507 - 1,507 2027 1,515 - 1,515 2028 and thereafter 2,247 - 2,247 $ 11,922 $ (51 ) $ 11,871

Note 29 - Segment and Geograp_2

Note 29 - Segment and Geographic Information (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Capital Asset Principal Segment Markets Management Investing Total Unallocated (1) Total Net trading $ 40,009 $ - $ - $ 40,009 $ - $ 40,009 Asset management - 9,004 - 9,004 - 9,004 New issue and advisory 24,721 - - 24,721 - 24,721 Principal transactions and other income 2 854 (30,203 ) (29,347 ) - (29,347 ) Total revenues 64,732 9,858 (30,203 ) 44,387 - 44,387 Compensation and benefits 32,434 7,612 1,086 41,132 9,158 50,290 Other operating expense 14,539 2,173 728 17,440 4,620 22,060 Total operating expenses 46,973 9,785 1,814 58,572 13,778 72,350 Operating income / (loss) 17,759 73 (32,017 ) (14,185 ) (13,778 ) (27,963 ) Interest income (expense) (247 ) - - (247 ) (4,735 ) (4,982 ) Income / (loss) from equity method affiliates - - (20,931 ) (20,931 ) - (20,931 ) Other non-operating income - - - - - - Income / (loss) before income taxes 17,512 73 (52,948 ) (35,363 ) (18,513 ) (53,876 ) Income tax expense / (benefit) - - - - 4,794 4,794 Net income / (loss) 17,512 73 (52,948 ) (35,363 ) (23,307 ) (58,670 ) Less: Net income (loss) attributable to the non-convertible non-controlling interest of the Operating LLC - - (23,203 ) (23,203 ) - (23,203 ) Enterprise net income (loss) 17,512 73 (29,745 ) (12,160 ) (23,307 ) (35,467 ) Less: Net income (loss) attributable to the convertible non-controlling interest of Cohen & Company Inc. - - - - (22,078 ) (22,078 ) Net income / (loss) attributable to Cohen & Company Inc. $ 17,512 $ 73 $ (29,745 ) $ (12,160 ) $ (1,229 ) $ (13,389 ) Other statement of operations data Depreciation and amortization (included in total operating expense) $ - $ 5 $ - $ 5 $ 552 $ 557 Capital Asset Principal Segment Markets Management Investing Total Unallocated (1) Total Net trading $ 69,385 $ - $ - $ 69,385 $ - $ 69,385 Asset management - 10,923 - 10,923 - 10,923 New issue and advisory 28,736 - - 28,736 - 28,736 Principal transactions and other income (3 ) 768 36,559 37,324 - 37,324 Total revenues 98,118 11,691 36,559 146,368 - 146,368 Compensation and benefits 42,064 6,630 16,546 65,240 19,808 85,048 Other operating expense 13,914 2,151 387 16,452 5,275 21,727 Total operating expenses 55,978 8,781 16,933 81,692 25,083 106,775 Operating income / (loss) 42,140 2,910 19,626 64,676 (25,083 ) 39,593 Interest income (expense) (435 ) - - (435 ) (6,798 ) (7,233 ) Income / (loss) from equity method affiliates - - 36,010 36,010 - 36,010 Other non-operating income - - - - 2,127 2,127 Income / (loss) before income taxes 41,705 2,910 55,636 100,251 (29,754 ) 70,497 Income tax expense / (benefit) - - - - (3,541 ) (3,541 ) Net income / (loss) 41,705 2,910 55,636 100,251 (26,213 ) 74,038 Less: Net income (loss) attributable to the non-convertible non-controlling interest of the Operating LLC - 1,878 33,696 35,574 - 35,574 Enterprise net income (loss) 41,705 1,032 21,940 64,677 (26,213 ) 38,464 Less: Net income (loss) attributable to the convertible non-controlling interest of Cohen & Company Inc. - - - - 26,656 26,656 Net income / (loss) attributable to Cohen & Company Inc. $ 41,705 $ 1,032 $ 21,940 $ 64,677 $ (52,869 ) $ 11,808 Other statement of operations data Depreciation and amortization (included in total operating expense) $ 1 $ 2 $ - $ 3 $ 368 $ 371 Capital Asset Principal Segment Markets Management Investing Total Unallocated (1) Total Net trading $ 73,611 $ - $ - $ 73,611 $ - $ 73,611 Asset management - 8,759 - 8,759 - 8,759 New issue and advisory 2,234 - - 2,234 - 2,234 Principal transactions and other income 3 639 44,864 45,506 - 45,506 Total revenues 75,848 9,398 44,864 130,110 - 130,110 Salaries/Wages 36,092 5,309 11,700 53,101 6,801 59,902 Other Operating Expense 12,546 2,042 168 14,756 5,241 19,997 Impairment of goodwill 7,883 - - 7,883 - 7,883 Total operating expenses 56,521 7,351 11,868 75,740 12,042 87,782 Operating income / (loss) 19,327 2,047 32,996 54,370 (12,042 ) 42,328 Interest income (expense) (997 ) - - (997 ) (8,592 ) (9,589 ) Income / (loss) from equity method affiliates - - (2,955 ) (2,955 ) - (2,955 ) Income / (loss) before income taxes 18,330 2,047 30,041 50,418 (20,634 ) 29,784 Income tax expense / (benefit) - - - - (8,669 ) (8,669 ) Net income / (loss) 18,330 2,047 30,041 50,418 (11,965 ) 38,453 Less: Net income (loss) attributable to the non-convertible non-controlling interest of the Operating LLC - 1,408 8,640 10,048 - 10,048 Enterprise net income (loss) 18,330 639 21,401 40,370 (11,965 ) 28,405 Less: Net income (loss) attributable to the convertible non-controlling interest of Cohen & Company Inc. - - - - 14,200 14,200 Net income / (loss) attributable to Cohen & Company Inc. $ 18,330 $ 639 $ 21,401 $ 40,370 $ (26,165 ) $ 14,205 Other statement of operations data Depreciation and amortization (included in total operating expense) $ 18 $ 3 $ - $ 21 $ 313 $ 334
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	Capital Asset Principal Segment Markets Management Investing Total Unallocated (1) Total Total Assets $ 820,238 $ 5,679 $ 36,969 $ 862,886 $ 24,169 $ 887,055 Included within total assets: Investments in equity method affiliates $ - $ - $ 8,929 $ 8,929 $ - $ 8,929 Goodwill (2) $ 54 $ 55 $ - $ 109 $ - $ 109 Intangible assets (2) $ 166 $ - $ - $ 166 $ - $ 166 Capital Asset Principal Segment Markets Management Investing Total Unallocated (1) Total Total Assets $ 3,501,973 $ 5,251 $ 104,491 $ 3,611,715 $ 44,589 $ 3,656,304 Included within total assets: Investments in equity method affiliates $ - $ - $ 48,238 $ 48,238 $ - $ 48,238 Goodwill (2) $ 54 $ 55 $ - $ 109 $ - $ 109 Intangible assets (2) $ 166 $ - $ - $ 166 $ - $ 166
Revenue from External Customers by Geographic Areas [Table Text Block]	Year Ended December 31, 2022 2021 2020 Total Revenues: United States $ 39,669 $ 140,420 $ 125,151 Europe & Other 4,718 5,948 4,959 Total $ 44,387 $ 146,368 $ 130,110

Note 30 - Supplemental Cash F_2

Note 30 - Supplemental Cash Flow Disclosure (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]	Year Ended December 31, 2022 2021 2020 Cash collateral held from repo and or reverse repo counterparties - End of Period $ 4,301 $ 17,320 $ 41,119 Less: Cash collateral held from repo and or reverse repo counterparties - End of Period 17,320 41,119 9,524 Impact to cash flow from operations $ (13,019 ) $ (23,799 ) $ 31,595

Note 31 - Related Party Trans_2

Note 31 - Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	For the Years Ended December 31, 2022 2021 2020 Asset management SPAC Fund $ 954 $ 4,327 $ 2,406 Other SPAC Entities - 319 - U.S. Insurance JV 1,069 525 368 $ 2,023 $ 5,171 $ 2,774 Principal transactions and other income Dutch Real Estate Entities $ - $ 137 $ 147 Insurance SPAC - - 95 Insurance SPAC II - 40 80 Insurance SPAC III 220 240 20 FlipOs 4,196 1,805 - Other SPAC Entities 160 132 23 SPAC Fund (43 ) 474 183 U.S. Insurance JV 11 142 222 CREO JV 32 - - $ 4,576 $ 2,970 $ 770 Income (loss) from equity method affiliates Dutch Real Estate Entities $ (71 ) $ (137 ) $ 639 Insurance SPAC - - (3,138 ) Insurance SPAC II - (107 ) (486 ) Insurance SPAC III (5,896 ) (1,200 ) (34 ) Other SPAC Entities (14,962 ) 37,453 63 $ (20,929 ) $ 36,009 $ (2,956 ) Operating expense (income) Duane Morris $ 621 $ 925 $ 1,194 Cohen Circle (66 ) (39 ) (46 ) $ 555 $ 886 $ 1,148 Interest expense (income) CBF $ - $ 197 $ 1,191 DGC Trust 327 1,534 1,804 EBC - 211 289 Edward E. Cohen IRA - - 47 JKD Investor 943 1,985 2,131 $ 1,270 $ 3,927 $ 5,462

Note 32 - Due From Due to Rel_2

Note 32 - Due From Due to Related Parties (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule Of Due From Or Due To Related Parties [Table Text Block]	As of December 31, 2022 2021 CK Capital $ - $ 137 U.S. Insurance JV 261 147 Insurance SPAC III - 500 SPAC Fund 294 3,653 Employees & other 232 144 Due from Related Parties $ 787 $ 4,581

Schedule I (Tables)

Schedule I (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Condensed Balance Sheet [Table Text Block]	As of December 31, 2022 2021 Assets Cash $ - $ - Investment in Cohen & Company, LLC 68,331 77,896 Prepaid income taxes 146 - Deferred income taxes 3,093 8,134 Total assets $ 71,570 $ 86,030 Liabilities Accrued interest and other liabilities $ 307 $ 128 Debt 24,524 23,961 Total liabilities 24,831 24,089 Stockholders’ Equity Preferred Stock 27 27 Common Stock 17 17 Additional paid-in capital 72,801 72,006 Accumulated deficit (25,151 ) (9,204 ) Accumulated other comprehensive loss (955 ) (905 ) Total stockholders’ equity 46,739 61,941 Total liabilities and stockholders’ equity $ 71,570 $ 86,030
Condensed Income Statement [Table Text Block]	For the Year Ended December 31, 2022 2021 2020 Revenues Equity in undistributed earnings / (loss) from Cohen & Company, LLC $ (4,953 ) $ 13,908 $ 8,567 Total revenues (4,953 ) 13,908 8,567 Operating income / (loss) (4,953 ) 13,908 8,567 Non-operating expense Interest expense (3,443 ) (2,812 ) (3,218 ) Income / (loss) before income taxes (8,396 ) 11,096 5,349 Income tax (benefit) / expense 4,993 (712 ) (8,856 ) Net income / (loss) $ (13,389 ) $ 11,808 $ 14,205
Condensed Cash Flow Statement [Table Text Block]	For the Year Ended December 31, 2022 2021 2020 Operating activities Net income / (loss) $ (13,389 ) $ 11,808 $ 14,205 Adjustments to reconcile net income / (loss) to net cash provided by / (used) in operating activities: Equity in undistributed earnings / (loss) from Cohen & Company, LLC 4,953 (13,908 ) (8,567 ) Distributions from / (contributions to) Cohen & Company, LLC 5,433 (2,662 ) 9,388 Amortization of discount of debt 563 526 434 (Increase) / decrease in other assets (166 ) - 21 Increase / (decrease) in accounts payable and other liabilities 199 (74 ) (34 ) Increase / (decrease) in deferred income taxes 5,041 (736 ) (8,877 ) Net cash provided by / (used in) operating activities 2,634 (5,046 ) 6,570 Financing activities Repurchase and repayment of debt - - - Proceeds from issuance of Common Stock - 9,076 - Cash used to net share settle equity awards (76 ) (102 ) (15 ) Principal payments on debt - (2,400 ) (4,386 ) Repurchase of stock - (857 ) (2,142 ) Dividends paid to stockholders (2,558 ) (671 ) (27 ) Net cash provided by / (used in) financing activities (2,634 ) 5,046 (6,570 ) Net increase (decrease) in cash and cash equivalents - - - Cash and cash equivalents, beginning of period - - - Cash and cash equivalents, end of period $ - $ - $ -

Note 1 - Organization and Nat_2

Note 1 - Organization and Nature of Operations (Details Textual) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
Assets under Management, Carrying Amount	$ 2,120
Number of Operating Segments	3
Collateralized Debt Obligations [Member]
Assets under Management, Carrying Amount	$ 1,050

Note 2 - Basis of Presentatio_2

Note 2 - Basis of Presentation - Schedule of Error Corrections (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Deferred income taxes	$ 6,934	$ 11,513
Accounts payable and other liabilities	11,439	22,819
Accumulated deficit	(25,151)	(9,204)
Non-controlling interest	47,287	89,492	$ 57,528	$ 15,437
Income tax expense (benefit)	4,794	(3,541)	(8,669)
Net Income (loss)	(58,670)	74,038	38,453
Net Income attributable to non-controlling interests		62,230
Net income (loss)	$ (13,389)	$ 11,808	$ 14,205
Basic Earnings Per Share (in dollars per share)	$ (9.43)	$ 9.95	$ 12.56
Diluted Earnings Per Share (in dollars per share)	$ (9.43)	$ 7.83	$ 7.66
Previously Reported [Member]
Deferred income taxes		$ 9,468
Accounts payable and other liabilities		22,701
Accumulated deficit		(9,730)
Non-controlling interest		88,091
Income tax expense (benefit)		(1,614)
Net Income (loss)		72,111
Net Income attributable to non-controlling interests		60,829
Net income (loss)		$ 11,282
Basic Earnings Per Share (in dollars per share)		$ 9.50
Diluted Earnings Per Share (in dollars per share)		$ 7.48
Revision of Prior Period, Adjustment [Member]
Deferred income taxes		$ 2,045
Accounts payable and other liabilities		118
Accumulated deficit		526
Non-controlling interest		1,401
Income tax expense (benefit)		(1,927)
Net Income (loss)		1,927
Net Income attributable to non-controlling interests		1,401
Net income (loss)		$ 526
Basic Earnings Per Share (in dollars per share)		$ 0.45
Diluted Earnings Per Share (in dollars per share)		$ 0.35

Note 3 - Summary of Significa_2

Note 3 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2018
Debt Instrument, Fair Value Disclosure, Total	$ 34,679	$ 54,284
Collateralized Debt Obligations [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	3,454
Other Investment Funds [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 5,550
Furniture and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	3 years
Furniture and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	5 years
Leasehold Improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	5 years
Leasehold Improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	10 years
Operating LLC [Member]
Noncontrolling Interest, Ownership Percentage by Parent				67.60%
COHN, LLC [Member]
Noncontrolling Interest, Ownership Percentage by Parent	73.45%	70.61%	72.64%
Noncontrolling Interest, Voting Interest, Ownership Percentage by Parent	51%	51%
Noncontrolling Interest, Economic Interest, Ownership Percentage by Parent	26.55%	31.79%

Note 4 - Other Recent Busines_2

Note 4 - Other Recent Business Transactions or Events (Details Textual) - USD ($)						2 Months Ended	3 Months Ended	12 Months Ended
	Nov. 18, 2022	Mar. 20, 2022	Jan. 31, 2022	Sep. 03, 2021	Dec. 22, 2020	Mar. 31, 2022	Dec. 22, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Jan. 31, 2020	Dec. 31, 2019	Mar. 10, 2017
Proceeds from Issuance of Long-Term Debt, Total								$ 0	$ 0	$ 2,166,000
Other Investments, Fair Value Disclosure								$ 28,022,000	$ 56,033,000
Common Stock, Par or Stated Value Per Share (in dollars per share)								$ 0.01	$ 0.01
Due from Related Parties, Total								$ 787,000	$ 4,581,000
Equity Method Investments								8,929,000	48,238,000	$ 13,482,000		$ 3,799,000
Insurance SPAC III Sponsor Entities [Member]
Sale of Stock, Number of Shares Issued in Transaction (in shares)					25,000,000
Payments of Stock Issuance Costs								71,000
Commitments, Operating and Acquisition Expenses								1,500,000
Common Stock and Warrants, Redemption Price Per Share (in dollars per share)	$ 10.09
Insurance SPAC III [Member]
Units Issued During Period, Shares Per Unit (in shares)							1
Common Stock, Par or Stated Value Per Share (in dollars per share)					$ 0.0001		$ 0.0001
Units Issued During Period, Warrants Per Unit (in shares)							0.33
Shares Issued, Price Per Share (in dollars per share)					$ 10		$ 10
Insurance SPAC III [Member] | Warrants for SPAC II Common Stock [Member]
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right (in shares)					1		1
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)					$ 11.50		$ 11.50
CREO JV [Member]
Required Investment, Percentage Of Total Equity				7.50%
Required Investment in Equity, Limitation				$ 15,000,000
Insurance SPAC III Sponsor Entities [Member]
Equity Method Investments								5,896,000
Equity Method Investment, Nontrolling Interest								4,808,000
Net Carrying Value of Investment								1,088,000
CREO JV [Member]
Investments Committed Amount				15,000,000
Investments Committed, Amount By Investor				$ 435,000,000
Other Investments, Fair Value Disclosure								6,568
Insurance SPAC III [Member]
Due from Related Parties, Total	$ 960,000							$ 0	$ 500,000
Trust for Benefit of Employees [Member] | Insurance SPAC III Sponsor Entities [Member]
Interest Expense, Related Party	$ 100,000
Convertible Note 2017 [Member]
Debt Instrument, Face Amount													$ 15,000,000
Convertible Note 2017 [Member] | Membership Units [Member]
Debt Conversion, Converted Instrument, Shares Issued (in shares)		10,344,827
Debt Instrument, Convertible, Conversion Price (in dollars per share)		$ 1.45											$ 1.45
Convertible Note 2017 [Member] | Contingent Convertible Senior Notes 8.00% (2017 Convertible Note) [Member]
Debt Instrument, Face Amount													$ 15,000,000
Non-convertible Senior Notes [Member] | Non-convertible Senior Notes 10.00% (2020 Senior Notes) [Member]
Debt Instrument, Face Amount											$ 4,500,000
Non-convertible Senior Notes [Member] | Non-convertible Senior Notes 10.00% (2020 Senior Notes) [Member] | JKD Capital Partners I, LTD [Member]
Debt Instrument, Face Amount			$ 4,500,000								$ 2,250,000
Proceeds from Issuance of Long-Term Debt, Total			$ 2,250,000
Non-convertible Senior Notes [Member] | Non-convertible Senior Notes 10.00% (2020 Senior Notes) [Member] | JKD Capital Partners I LTD and RN Capital Solutions LLC [Member]
Repayments of Debt						$ 2,250,000

Note 5 - Net Trading - Net Trad

Note 5 - Net Trading - Net Trading (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Net realized gains / (losses)- trading inventory	$ 12,583	$ 21,103	$ 31,269
Net unrealized gains / (losses)-trading inventory	(2,463)	(3,069)	2,076
Gains and losses	10,120	18,034	33,345
Interest income-trading inventory	2,888	5,958	7,759
Interest income-reverse repos	47,023	78,064	92,389
Interest income	49,911	84,022	100,148
Interest expense-repos	(31,021)	(40,269)	(65,030)
Interest expense-LegacyTexas Credit Facility	0	0	(39)
Interest expense-margin payable	(2,680)	(706)	(1,134)
Interest expense	(33,701)	(40,975)	(66,203)
Other trading revenue	13,679	8,304	6,321
Net trading	$ 40,009	$ 69,385	$ 73,611

Note 6 - Receivables from and_3

Note 6 - Receivables from and Payables to Brokers, Dealers, and Clearing Agencies - Receivables from and Payables to from Brokers, Dealers and Clearing Agencies (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deposits with clearing organizations	$ 250	$ 250
Unsettled regular way trades, net	0	2,827
Receivable from clearing organizations	140,683	65,315
Receivables from brokers, dealers, and clearing agencies	140,933	68,392
Unsettled regular way trades, net	3,238	0
Margin payable	131,747	160,896
Payables to brokers, dealers, and clearing agencies	$ 134,985	$ 160,896

Note 7 - Other Receivables - Sc

Note 7 - Other Receivables - Schedule of Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Asset management fees receivable	$ 936	$ 962
New issue fees receivable	167	0
Cash collateral due from repo and/or reverse repo counterparties	4,301	0
Accrued interest receivable	2,561	1,394
Revenue share receivable	138	108
Miscellaneous other receivables	618	320
Other receivables	9,527	3,203
Agency Repo Income [Member]
Agency repo income receivable	$ 806	$ 419

Note 8 - Financial Instrument_2

Note 8 - Financial Instruments (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Other Investments, Fair Value Disclosure	$ 28,022	$ 56,033
Margin Loan Collateral [Member]
Other Investments, Fair Value Disclosure	$ 1,673	$ 15,563

Note 8 - Financial Instrument_3

Note 8 - Financial Instruments - Investments - Trading (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Investments-trading	$ 211,828	$ 223,865
Corporate Bonds and Redeemable Preferred Stock [Member]
Investments-trading	44,572	45,519
Foreign Government Bonds [Member]
Investments-trading	0	467
Municipal Bonds [Member]
Investments-trading	19,502	18,841
Certificates of Deposit [Member]
Investments-trading	0	169
Derivative [Member]
Investments-trading	4,669	1,275
Equity Securities [Member]
Investments-trading	220	1,118
US Treasury Securities [Member]
Debt securities	12,392	0
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member]
Debt securities	97,276	134,093
US Government Agencies Debt Securities [Member]
Debt securities	19,683	22,373
Residential Mortgage-Backed Securities [Member]
Debt securities	7	9
Residential Mortgage Loans [Member]
Debt securities	13,506	0
Asset-Backed Securities [Member]
Debt securities	$ 1	$ 1

Note 8 - Financial Instrument_4

Note 8 - Financial Instruments - Financial Instruments Sold, Not Yet Purchased (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Investment securities sold, not yet purchased	$ 133,957	$ 62,512
Other investments sold, not yet purchased	78	2,488
Equity Securities [Member]
Investment securities sold, not yet purchased	51	0
Other investments sold, not yet purchased	78	2,488
Corporate Bonds and Redeemable Preferred Stock [Member]
Investment securities sold, not yet purchased	61,310	32,574
Derivative [Member]
Investment securities sold, not yet purchased	1,177	424
US Treasury Securities [Member]
Investment securities sold, not yet purchased	71,386	29,513
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member]
Investment securities sold, not yet purchased	1	1
US Government Agencies Debt Securities [Member]
Investment securities sold, not yet purchased	$ 32	$ 0

Note 8 - Financial Instrument_5

Note 8 - Financial Instruments - Other Investments, at Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Other Investments, Fair Value Disclosure	$ 28,022	$ 56,033
Restricted Equity Securities [Member]
Other Investments, Fair Value Disclosure	3,135	17,078
Corporate Bonds and Redeemable Preferred Stock [Member]
Other Investments, Fair Value Disclosure	476	476
CREO JV [Member]
Other Investments, Fair Value Disclosure	6,568	5,830
U.S. Insurance JV [Member]
Other Investments, Fair Value Disclosure	3,459	3,450
SPAC Fund [Member]
Other Investments, Fair Value Disclosure	527	1,980
Residential Mortgage [Member]
Other Investments, Fair Value Disclosure	132	115
Equity Securities [Member]
Other Investments, Fair Value Disclosure	$ 13,725	$ 27,104

Note 9 - Fair Value Disclosur_3

Note 9 - Fair Value Disclosures (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Other Investment Sold, Gain (Loss), Fair Value	$ (30,914)	$ 35,421	$ 43,413
Other Investment Sold, Not yet Purchased, Gain (Loss)	$ 307	$ 830	$ 1,063

Note 9 - Fair Value Disclosur_4

Note 9 - Fair Value Disclosures - Fair Value Measurements on a Recurring Basis (Details) - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021
Investments-trading		$ 211,828	$ 223,865
Total other investments, at fair value		28,022	56,033
Investment securities sold, not yet purchased		133,957	62,512
Other investments, sold not yet purchased		78	2,488
Corporate Bonds and Redeemable Preferred Stock [Member]
Investments-trading		44,572	45,519
Investment securities sold, not yet purchased		61,310	32,574
Foreign Government Bonds [Member]
Investments-trading		0	467
Municipal Bonds [Member]
Investments-trading		19,502	18,841
Certificates of Deposit [Member]
Investments-trading		0	169
Derivative [Member]
Investments-trading		4,669	1,275
Investment securities sold, not yet purchased		1,177	424
Equity Securities [Member]
Investments-trading		220	1,118
Total other investments, at fair value		13,725	27,104
Investment securities sold, not yet purchased		51	0
Other investments, sold not yet purchased		78	2,488
Fair Value, Recurring [Member]
Investments-trading		211,828	223,865
Total other investments, at fair value		28,022	56,033
Investment securities sold, not yet purchased		133,957	62,512
Other investments, sold not yet purchased		78	2,488
Fair Value, Recurring [Member] | Corporate Bonds and Redeemable Preferred Stock [Member]
Investments-trading		44,572	45,519
Total other investments, at fair value		476	476
Investment securities sold, not yet purchased		61,310	32,574
Fair Value, Recurring [Member] | Foreign Government Bonds [Member]
Investments-trading			467
Fair Value, Recurring [Member] | Municipal Bonds [Member]
Investments-trading		19,502	18,841
Fair Value, Recurring [Member] | Certificates of Deposit [Member]
Investments-trading			169
Fair Value, Recurring [Member] | Derivative [Member]
Investments-trading		4,669	1,275
Investment securities sold, not yet purchased		1,177	424
Other investments, sold not yet purchased			2,488
Fair Value, Recurring [Member] | Equity Securities [Member]
Investments-trading		220	1,118
Total other investments, at fair value		13,725	27,104
Investment securities sold, not yet purchased		51
Other investments, sold not yet purchased		78
Fair Value, Recurring [Member] | Restricted Equity Securities [Member]
Total other investments, at fair value		3,135	17,078
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments-trading		12,612	0
Investment securities sold, not yet purchased		71,437	29,514
Other investments, sold not yet purchased		78	2,488
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Corporate Bonds and Redeemable Preferred Stock [Member]
Investments-trading		0	0
Total other investments, at fair value		0	0
Investment securities sold, not yet purchased		0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Foreign Government Bonds [Member]
Investments-trading			0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Municipal Bonds [Member]
Investments-trading		0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Certificates of Deposit [Member]
Investments-trading			0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Derivative [Member]
Investments-trading		0	0
Investment securities sold, not yet purchased		0	0
Other investments, sold not yet purchased			2,488
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]
Investments-trading		220	0
Total other investments, at fair value		13,725	27,104
Investment securities sold, not yet purchased		51
Other investments, sold not yet purchased		78
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Restricted Equity Securities [Member]
Total other investments, at fair value			0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments-trading		199,216	223,865
Investment securities sold, not yet purchased		62,520	32,998
Other investments, sold not yet purchased		0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate Bonds and Redeemable Preferred Stock [Member]
Investments-trading		44,572	45,519
Total other investments, at fair value		476	476
Investment securities sold, not yet purchased		61,310	32,574
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Foreign Government Bonds [Member]
Investments-trading			467
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Municipal Bonds [Member]
Investments-trading		19,502	18,841
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Certificates of Deposit [Member]
Investments-trading			169
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Derivative [Member]
Investments-trading		4,669	1,275
Investment securities sold, not yet purchased		1,177	424
Other investments, sold not yet purchased			0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member]
Investments-trading		0	1,118
Total other investments, at fair value		0	0
Investment securities sold, not yet purchased		0
Other investments, sold not yet purchased		0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Restricted Equity Securities [Member]
Total other investments, at fair value		3,135	17,078
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments-trading		0	0
Investment securities sold, not yet purchased		0	0
Other investments, sold not yet purchased		0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Corporate Bonds and Redeemable Preferred Stock [Member]
Investments-trading		0	0
Total other investments, at fair value		0	0
Investment securities sold, not yet purchased		0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Foreign Government Bonds [Member]
Investments-trading			0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Municipal Bonds [Member]
Investments-trading		0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Certificates of Deposit [Member]
Investments-trading			0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Derivative [Member]
Investments-trading		0	0
Investment securities sold, not yet purchased		0	0
Other investments, sold not yet purchased			0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member]
Investments-trading		0	0
Total other investments, at fair value		0	0
Investment securities sold, not yet purchased		0
Other investments, sold not yet purchased		0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Restricted Equity Securities [Member]
Total other investments, at fair value		0	0
Fair Value, Recurring [Member] | Fair Value Measured at Net Asset Value Per Share [Member]
Total other investments, at fair value	[1]	10,554	11,260
US Treasury Securities [Member]
Investment securities sold, not yet purchased		71,386	29,513
US Treasury Securities [Member] | Fair Value, Recurring [Member]
Investments-trading		12,392
Investment securities sold, not yet purchased		71,386	29,513
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments-trading		12,392
Investment securities sold, not yet purchased		71,386	29,513
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments-trading		0
Investment securities sold, not yet purchased		0	0
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments-trading		0
Investment securities sold, not yet purchased		0	0
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member]
Investment securities sold, not yet purchased		1	1
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Recurring [Member]
Investments-trading		97,276	134,093
Investment securities sold, not yet purchased		1	1
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments-trading		0	0
Investment securities sold, not yet purchased		0	1
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments-trading		97,276	134,093
Investment securities sold, not yet purchased		1	0
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments-trading		0	0
Investment securities sold, not yet purchased		0	0
US Government Agencies Debt Securities [Member]
Investment securities sold, not yet purchased		32	0
US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member]
Investments-trading		19,683	22,373
Investment securities sold, not yet purchased		32
US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments-trading		0	0
Investment securities sold, not yet purchased		0
US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments-trading		19,683	22,373
Investment securities sold, not yet purchased		32
US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments-trading		0	0
Investment securities sold, not yet purchased		0
Residential Mortgage-Backed Securities [Member] | Fair Value, Recurring [Member]
Investments-trading		7	9
Residential Mortgage-Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments-trading		0	0
Residential Mortgage-Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments-trading		7	9
Residential Mortgage-Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments-trading		0	0
Asset-Backed Securities [Member] | Fair Value, Recurring [Member]
Investments-trading		1	1
Asset-Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments-trading		0	0
Asset-Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments-trading		1	1
Asset-Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments-trading		0	0
Residential Mortgage Loans [Member] | Fair Value, Recurring [Member]
Investments-trading		13,506
Residential Mortgage Loans [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investments-trading		0
Residential Mortgage Loans [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investments-trading		13,506
Residential Mortgage Loans [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investments-trading		0
Residential Mortgage [Member]
Total other investments, at fair value		132	115
Residential Mortgage [Member] | Fair Value, Recurring [Member]
Total other investments, at fair value		132	115
Residential Mortgage [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Total other investments, at fair value		0	0
Residential Mortgage [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Total other investments, at fair value		132	115
Residential Mortgage [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Total other investments, at fair value		0	0
Total Investments not Measured at NAV [Member] | Fair Value, Recurring [Member]
Total other investments, at fair value		17,468	44,773
Total Investments not Measured at NAV [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Total other investments, at fair value		13,725	27,104
Total Investments not Measured at NAV [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Total other investments, at fair value		3,743	17,669
Total Investments not Measured at NAV [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Total other investments, at fair value		$ 0	$ 0
[1]As a practical expedient, the Company uses NAV (or its equivalent) to measure the fair value of its investments in the U.S. Insurance JV, the SPAC Fund and the CREO JV. The U.S. Insurance JV invests in USD denominated debt issued by small insurance and reinsurance companies. The SPAC Fund invests in equity securities of SPACs. The CREO JV invests in primarily multi-family commercial real estate mortgage-backed loans and below-investment grade rated tranches in CRE CLOs collateralized by mostly transitional commercial real estate mortgage-backed loans. See note 4. According to ASC 820, these investments are not categorized within the valuation hierarchy.

Note 9 - Fair Value Disclosur_5

Note 9 - Fair Value Disclosures - Fair Value Measurements of Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
CREO JV [Member]
Alternative investment	[1]	$ 6,568	$ 5,830
Unfunded commitments	[1]	8,464	9,170
U.S. Insurance JV [Member]
Alternative investment	[2]	3,459	3,450
SPAC Fund [Member]
Alternative investment	[3]	$ 527	$ 1,980
Redemption notice period (Day)	[3]	30 days	30 days
[1]The CREO JV invests in primarily multi-family commercial real estate mortgage-backed loans and below-investment grade rated tranches in CRE CLOs collateralized by mostly transitional commercial real estate mortgage-backed loans. See note 4.[2]The U.S. Insurance JV invests in USD denominated debt issued by small and medium sized insurance and reinsurance companies.[3]The SPAC Fund invests in equity interests of SPACs.

Note 10 - Derivative Financia_3

Note 10 - Derivative Financial Instruments (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
TBA and Other Forward MBS [Member] | Long [Member]
Derivative, Notional Amount	$ 535,000	$ 1,243,250
TBA and Other Forward MBS [Member] | Short [Member]
Derivative, Notional Amount	556,780	1,283,850
Other Extended Settlement Trade [Member] | Long [Member]
Derivative, Notional Amount	0	0
Foreign Exchange Forward [Member]
Derivative, Notional Amount	$ 0	$ 0

Note 10 - Derivative Financia_4

Note 10 - Derivative Financial Instruments - Balance Sheet Information (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Derivative financial instruments, fair value, net	$ 3,492	$ 851
TBA and Other Forward MBS [Member] | Long [Member] | Investments -Trading [Member]
Derivative financial instruments, fair value, net	4,669	1,275
TBA and Other Forward MBS [Member] | Short [Member] | Trading Securities Sold, Not Yet Purchased [Member]
Derivative financial instruments, fair value, net	$ (1,177)	$ (424)

Note 10 - Derivative Financia_5

Note 10 - Derivative Financial Instruments - Statement of Operations Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Derivative financial instruments	$ 8,883	$ 7,227	$ 5,324
TBA and Other Forward MBS [Member] | Revenue Net Trading [Member]
Derivative financial instruments	8,883	7,460	5,219
Equity Derivatives [Member] | Principal Transactions and Other Income [Member]
Derivative financial instruments	$ 0	$ (233)	$ 105

Note 11 - Collateralized Secu_3

Note 11 - Collateralized Securities Transactions (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Jun. 30, 2022 USD ($)
Securities Purchased under Agreements to Resell, Total	$ 437,692	$ 3,175,645
Fair Value of Securities Received as Collateral that Can be Resold or Repledged	440,681	3,249,411
Securities Sold under Agreements to Repurchase, Total	452,797	3,171,415
Fair Value of Securities Received as Collateral that Have Been Resold or Repledged	454,770	3,232,091
Revenues, Total	$ 44,387	$ 146,368	$ 130,110
Gestational Repo Business [Member]
Number of Counterparties Related to Reverse Repurchase Agreements	8	14
Revenues, Total	$ 17,062	$ 37,835	$ 27,659
First Guaranty Mortgage Corporation [Member]
Securities Purchased under Agreements to Resell, Total				$ 269,228
Gain (Loss) on Sale of Collateral	(5,454)
Reversal of Accrued Incentive Compensation	1,753
Net Impact to Earnings	3,701
First Guaranty Mortgage Corporation [Member] | Trading Revenue [Member]
Gain (Loss) on Sale of Collateral	(5,244)
First Guaranty Mortgage Corporation [Member] | Residential Mortgage [Member]
Securities Purchased under Agreements to Resell, Total	$ 13,506

Note 11 - Collateralized Secu_4

Note 11 - Collateralized Securities Transactions - Secured Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Securities sold under agreement to repurchase	$ 452,797	$ 3,171,415
Receivables under resale agreements	437,692	3,175,645
Collateralized Mortgage-Backed Securities [Member]
Securities sold under agreement to repurchase	452,797
Receivables under resale agreements	437,692
Collateralized Mortgage-Backed Securities [Member] | Maturity Less than 30 Days [Member]
Securities sold under agreement to repurchase	452,797	3,171,415
Receivables under resale agreements	437,692	3,175,645
Collateralized Mortgage-Backed Securities [Member] | Overnight and Continuous [Member]
Securities sold under agreement to repurchase	0
Receivables under resale agreements	0
Collateralized Mortgage-Backed Securities [Member] | Maturity 30 to 90 Days [Member]
Securities sold under agreement to repurchase	$ 0	$ 0

Note 12 - Investments in Equi_3

Note 12 - Investments in Equity Method Affiliates (Details Textual) - IPO [Member] - USD ($) $ in Millions	1 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Mar. 31, 2019
Insurance SPAC III [Member]
Sale of Stock, Consideration Received on Transaction			$ 150.7
Insurance SPAC II [Member]
Sale of Stock, Consideration Received on Transaction		$ 250
Insurance SPAC [Member]
Sale of Stock, Consideration Received on Transaction	$ 218

Note 12 - Investments in Equi_4

Note 12 - Investments in Equity Method Affiliates - Investments in Equity Method Affiliates (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Balance	$ 48,238,000	$ 13,482,000	$ 3,799,000
Investments / advances	2,614,000	8,392,000	12,722,000
Distributions / repayments	(77,000)	(4,207,000)	(84,000)
Earnings / (loss) realized	(20,931,000)	36,010,000	(2,955,000)
Reclasses to (from)	(20,915,000)	(5,439,000)
Balance	8,929,000	48,238,000	13,482,000
Balance	8,929,000	48,238,000	13,482,000
Total Assets	887,055,000	3,656,304,000
Liabilities	793,029,000	3,504,871,000
Total Equity	46,739,000	61,941,000
Total Liabilities & Equity	887,055,000	3,656,304,000
Net income (loss)	(13,389,000)	11,808,000	14,205,000
Insurance SPAC [Member]
Balance	4,543,000	9,807,000	3,222,000
Investments / advances	1,355,000	0	10,325,000
Distributions / repayments	0	(3,958,000)	(84,000)
Earnings / (loss) realized	(5,898,000)	(1,306,000)	(3,656,000)
Reclasses to (from)	0	0
Balance	0	4,543,000	9,807,000
Balance	0	4,543,000	9,807,000
Dutch Real Estate Entities [Member]
Balance	5,600,000	3,312,000	577,000
Investments / advances	0	2,425,000	2,097,000
Distributions / repayments	0	0	0
Earnings / (loss) realized	(70,000)	(137,000)	638,000
Reclasses to (from)	0	0
Balance	5,530,000	5,600,000	3,312,000
Balance	5,530,000	5,600,000	3,312,000
Other SPAC Sponsor Entities [Member]
Balance	38,095,000	363,000	0
Investments / advances	1,259,000	5,967,000	300,000
Distributions / repayments	(77,000)	(249,000)	0
Earnings / (loss) realized	(14,963,000)	37,453,000	63,000
Reclasses to (from)	(20,915,000)	(5,439,000)
Balance	3,399,000	38,095,000	363,000
Balance	3,399,000	38,095,000	363,000
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]
Total Assets	894,858	1,158,081
Liabilities	400,927	193,433
Total Equity	493,931	964,648
Total Liabilities & Equity	894,858	1,158,081
Net income (loss)	(105,447,000)	277,134,000	21,416,000
Net income/(loss) attributable to the investee	$ (105,460,000)	$ 277,134,000	$ 21,416,000

Note 13 - Goodwill (Details Tex

Note 13 - Goodwill (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill, Impairment Loss	$ 0	$ 0	$ 7,883
JVB Holdings [Member] | COVID-19 Pandemic [Member]
Goodwill, Impairment Loss			7,883
Alesco Financial Inc (AFN) [Member]
Goodwill, Impairment Loss	$ 0	$ 0	$ 0

Note 13 - Goodwill - Goodwill (

Note 13 - Goodwill - Goodwill (Details) - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021
Goodwill	[1]	$ 109	$ 109
Alesco Financial Inc (AFN) [Member]
Goodwill		109	109
JVB Holdings [Member]
Goodwill		$ 0	$ 0
[1]Goodwill and intangible assets are allocated to the Capital Markets and Asset Management business segments as indicated in the table from above.

Note 14 - Leases (Details Textu

Note 14 - Leases (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Operating Lease, Weighted Average Remaining Lease Term (Year)	5 years 7 months 6 days
Operating Lease, Weighted Average Discount Rate, Percent	4.59%
Operating Lease, Payments	$ 2,285	$ 1,532

Note 14 - Leases - Future Matur

Note 14 - Leases - Future Maturity of Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
2023	$ 2,694
2024	2,165
2025	1,795
2026	1,507
2027	1,515
Thereafter	2,246
Total	11,922
Less imputed interest	(1,475)
Lease obligation	$ 10,447	$ 10,813

Note 15 - Other Assets - Schedu

Note 15 - Other Assets - Schedule of Other Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred costs	$ 133	$ 240
Prepaid expenses	1,325	1,286
Deposits	450	479
Miscellaneous other assets	0	258
Furniture, equipment, and leasehold improvements, net	1,472	1,456
Intangible assets	166	166
Other assets	$ 3,546	$ 3,885

Note 16 - Furniture, Equipmen_3

Note 16 - Furniture, Equipment, and Leasehold Improvements, Net (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment, Disposals	$ 11
Depreciation, Depletion and Amortization, Nonproduction, Total	$ 557	$ 371	$ 334

Note 16 - Furniture, Equipmen_4

Note 16 - Furniture, Equipment, and Leasehold Improvements, Net - Schedule of Furniture, Equipment, and Leasehold Improvements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Furniture, Equipment, and Leasehold Improvements, Gross	$ 3,634	$ 3,070
Accumulated depreciation	(2,162)	(1,614)
Furniture, equipment, and leasehold improvements, net	1,472	1,456
Furniture and Equipment [Member]
Furniture, Equipment, and Leasehold Improvements, Gross	$ 1,672	1,525
Furniture and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	3 years
Furniture and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	5 years
Leasehold Improvements [Member]
Furniture, Equipment, and Leasehold Improvements, Gross	$ 1,962	$ 1,545
Leasehold Improvements [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	5 years
Leasehold Improvements [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	10 years

Note 17 - Accounts Payable an_3

Note 17 - Accounts Payable and Other Liabilities - Accounts Payable and Other Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounts payable	$ 891	$ 122
Redeemable financial instruments accrued interest	0	291
Accrued income tax	70	179
Accrued interest payable	452	558
Accrued interest on securities sold, not yet purchased	1,561	704
Payroll taxes payable	1,565	1,548
Cash collateral held from repo and or reverse repo counterparties	4,301	17,320	$ 41,119	$ 9,524
Accrued expense and other liabilities	2,599	2,097
Accounts payable and other liabilities	$ 11,439	$ 22,819

Note 18 - Variable Interest E_3

Note 18 - Variable Interest Entities (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Liabilities, Total	$ 793,029	$ 3,504,871
Variable Interest Entity, Unavailability of Information, Number of Entities	2
Variable Interest Entity, Not Primary Beneficiary [Member]
Working Capital Commitment	$ 0	810
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unfunded Commitments	8,464	9,170
Liabilities, Total	$ 0	$ 0

Note 18 - Variable Interest E_4

Note 18 - Variable Interest Entities - Consolidated VIEs (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash and cash equivalents	$ 29,101	$ 50,567
Other investments, at fair value	28,022	56,033
Investment in equity method affiliates	8,929	48,238	$ 13,482	$ 3,799
Variable Interest Entity, Primary Beneficiary [Member]
Cash and cash equivalents	19	43
Other investments, at fair value	0	9,543
Investment in equity method affiliates	23	33,080
Non-controlling interest	(15)	(29,979)
Investment in consolidated VIEs	$ 27	$ 12,687

Note 18 - Variable Interest E_5

Note 18 - Variable Interest Entities - Carrying Value of Variable Interests in Non-consolidated Variable Interest Entities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other Investments, Fair Value Disclosure	$ 28,022	$ 56,033
Balance	8,929	48,238	$ 13,482	$ 3,799
Variable Interest Entity, Not Primary Beneficiary [Member]
Other Investments, Fair Value Disclosure	10,554	11,260
Balance	3,376	5,015
Maximum Exposure	$ 13,930	$ 16,275

Note 19 - Redeemable Financia_3

Note 19 - Redeemable Financial Instruments (Details Textual) - USD ($) $ in Thousands

1 Months Ended

Mar. 30, 2021

Oct. 15, 2020

Mar. 06, 2019

Jan. 09, 2019

Oct. 03, 2016

Oct. 31, 2019

Jan. 31, 2017

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Sep. 30, 2020

Sep. 29, 2020

Sep. 25, 2020

Dec. 31, 2018

Redeemable Financial Instruments

$ 7,868

$ 7,957

JKD Capital Partners I, LTD [Member]

Redeemable Financial Instruments

$ 7,868

$ 7,957

JKD Capital Partners I, LTD [Member] | Investment Agreement [Member]

Redeemable Financial Instruments

$ 12,000

Proceeds from Redeemable Financial Instruments

$ 1,268

$ 6,000

$ 1,000

Due to Related Parties, Annual Return on Investment

50%

Due to Related Parties, Annual Revenue of the Business Return

42%

Investment Agreement, Written Notice Period for Termination (Day)

90 days

Investment Agreement, Alternative Period of Required Prior Written Notice Contingency (Day)

60 days

Investment Agreement, Potential Consideration to Investor, Percentage on Qualified Sale

25%

DGC Family Fintech Trust/CBF [Member]

Redeemable Financial Instruments

$ 8,000

CBF [Member] | Investment Agreement [Member]

Redeemable Financial Instruments

$ 4,000

$ 6,500

Due to Related Parties, Annual Return on Investment

20%

3.75%

Due to Related Parties, Annual Revenue of the Business Return

15.29%

Due to Related Parties, Total

$ 6,500

Repayments of Redeemable Financial Instruments

$ 1,500

Due to Related Parties, Annual Return on Investment if Revenue is Zero or Less

3.75%

Payments for Redeemable Financial Instruments

$ 4,000

$ 2,500

Investment Agreement, Percentage of Investment Return on Investment Amount for Revenues Greater than Zero

20%

20%

Investment Agreement, Percentage of Investment Return on Business Revenue for Revenues Greater than Zero

9.40%

15.20%

Investment Agreement, Percentage of Investment Return on Investment Amount for Revenues with Zero or Less than Zero

3.75%

3.75%

CBF [Member] | Investment Agreement [Member] | Revenue Between Zero and $11,777 Thousand [Member]

Due to Related Parties, Annual Revenue of the Business Return

11.47%

CBF [Member] | Investment Agreement [Member] | Revenue in Excess of $11,777 Thousand [Member]

Due to Related Parties, Annual Revenue of the Business Return

7.65%

CBF [Member] | Investment Agreement [Member] | Revenue Between Zero and $5,333 Thousand [Member]

Due to Related Parties, Annual Revenue of the Business Return

11.47%

CBF [Member] | Investment Agreement [Member] | Revenue Between $5,333 Thousand and $8,000 Thousand [Member]

Due to Related Parties, Annual Return on Revenue of Business, Amount

$ 612

CBF [Member] | Investment Agreement [Member] | Revenue in Excess of $8,000 Thousand [Member]

Due to Related Parties, Annual Revenue of the Business Return

7.65%

DGC Trust [Member]

Redeemable Financial Instruments

$ 2,000

DGC Trust [Member] | Investment Agreement [Member]

Due to Related Parties, Annual Return on Investment

20%

3.75%

Due to Related Parties, Annual Revenue of the Business Return

4.71%

Due to Related Parties, Annual Return on Investment if Revenue is Zero or Less

3.75%

DGC Trust [Member] | Investment Agreement [Member] | Revenue Between Zero and $11,777 Thousand [Member]

Due to Related Parties, Annual Revenue of the Business Return

3.53%

DGC Trust [Member] | Investment Agreement [Member] | Revenue in Excess of $11,777 Thousand [Member]

Due to Related Parties, Annual Revenue of the Business Return

2.35%

DGC Trust [Member] | Investment Agreement [Member] | Revenue Between Zero and $5,333 Thousand [Member]

Due to Related Parties, Annual Revenue of the Business Return

3.53%

DGC Trust [Member] | Investment Agreement [Member] | Revenue Between $5,333 Thousand and $8,000 Thousand [Member]

Due to Related Parties, Annual Return on Revenue of Business, Amount

$ 188

DGC Trust [Member] | Investment Agreement [Member] | Revenue in Excess of $8,000 Thousand [Member]

Due to Related Parties, Annual Revenue of the Business Return

2.35%

Note 19 - Redeemable Financia_4

Note 19 - Redeemable Financial Instruments - Redeemable Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Redeemable financial instruments	$ 7,868	$ 7,957
JKD Capital Partners I, LTD [Member]
Redeemable financial instruments	$ 7,868	$ 7,957

Note 20 - Debt (Details Textual

Note 20 - Debt (Details Textual)												1 Months Ended	12 Months Ended
		Mar. 20, 2022 $ / shares shares	Jan. 31, 2022 USD ($)	Dec. 21, 2021 USD ($)	Jun. 21, 2021 USD ($)	Oct. 28, 2020 USD ($)	May 01, 2020 USD ($)	Feb. 03, 2020 USD ($)	Sep. 25, 2019	Sep. 24, 2019	Mar. 10, 2017 USD ($) $ / shares	Mar. 31, 2020 USD ($)	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares	Dec. 31, 2020 USD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 2022	Aug. 22, 2020 USD ($)	Jan. 31, 2020 USD ($)	Apr. 25, 2018 USD ($)
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust Net Of Ownership Interest In Trust													$ 49,614,000
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties, Amount													$ 1,489,000
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares													$ 0.01	$ 0.01
Redeemable Non-controlling Interest Membership Units Not Held Share Ratio													10
Redeemable Common Stock, Shares (in shares) | shares													1,034,482
Stock Issued During Period, Value, New Issues														$ 9,076,000
Proceeds from Issuance of Long-Term Debt, Total													$ 0	0	$ 2,166,000
Gain (Loss) on Extinguishment of Debt, Total													0	2,127,000	0
Long-Term Debt, Total													29,024,000	43,394,000
Proceeds from Lines of Credit, Total													0	17,500,000	17,500,000
Amortization of Debt Issuance Costs													185,000	471,000	626,000
ViaNova [Member]
Sale of Investment, Potential Earn Out																		$ 500,000
Other Investment Not Readily Marketable, Quoted Value																		2,300,000
Other Investment Not Readily Marketable, Fair Value																		$ 2,243,000
Common Securities in Trusts [Member]
Equity Securities without Readily Determinable Fair Value, Amount													$ 0
Alesco Capital Trust I [Member] | Cohen & Company [Member]
Stock Issued During Period, Shares, New Issues (in shares) | shares													870
Stock Issued During Period, Value, New Issues													$ 870,000
Sunset Financial Statutory Trust I [Member] | Cohen & Company [Member]
Stock Issued During Period, Shares, New Issues (in shares) | shares													619
Stock Issued During Period, Value, New Issues													$ 619,000
JVB Holdings [Member] | JVB [Member]
Noncontrolling Interest, Ownership Percentage by Parent						100%
Credit Facility [Member] | JVB [Member] | Byline Bank [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage						0.50%
Convertible Note 2017 [Member]
Debt Instrument, Face Amount											$ 15,000,000
Debt Instrument, Interest Rate, Stated Percentage											8%
Debt Instrument, Interest Rate In Event of Default											9%
Convertible Note 2017 [Member] | Membership Units [Member]
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ / shares		$ 1.45									$ 1.45
Debt Conversion, Converted Instrument, Shares Issued (in shares) | shares		10,344,827
Paycheck Protection Program CARES Act [Member]
Proceeds from Issuance of Long-Term Debt, Total							$ 2,166,000
Gain (Loss) on Extinguishment of Debt, Total					$ 2,127,000
Long-Term Debt, Total					$ 39,000
The 2019 FT Revolver [Member]
Proceeds from Lines of Credit, Total												$ 17,500,000
Original Byline Loan Agreement [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 7,500,000
Original Byline Note and Subordination Agreement [Member]
Line of Credit Facility, Maximum Borrowing Capacity						17,500,000
Amended and Restated Byline Loan Agreement [Member]
Line of Credit Facility, Maximum Borrowing Capacity				$ 25,000,000
Credit Facility [Member] | JVB [Member] | Byline Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity						$ 25,000,000
Line of Credit Facility, Commitment Fee Percentage						0.50%
Line of Credit Facility, Commitment Fee Amount				125,000
Line of Credit Facility, Minimum Request in Reduction of Maximum Borrowing Capacity						$ 1,000,000
Line of Credit Facility, Reduction in Maximum Borrowing Capacity, Increments After Minimum				$ 500,000
Debt Instrument, Covenant, Minimum Excess Net Capital						40,000,000
Debt Instrument, Covenant, Maximum Loans Outstanding																$ 10,000
Credit Facility [Member] | JVB [Member] | Byline Bank [Member] | December 30, 2021 Through December 31, 2022 [Member]
Debt Instrument, Covenant, Minimum Tangible Net Worth						85,000,000
Credit Facility [Member] | JVB [Member] | Byline Bank [Member] | After December 31, 2022 [Member]
Debt Instrument, Covenant, Minimum Tangible Net Worth						$ 90,000,000
Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | JVB [Member] | Byline Bank [Member]
Debt Instrument, Basis Spread on Variable Rate				6%
Debt Instrument, Minimum Interest Rate						7%
Contingent Convertible 8.00% Senior Notes Due 2022 [Member]
Debt Issuance Costs, Gross													1,400,000
Byline Bank Credit Facility [Member]
Debt Issuance Costs, Gross													410,000
Junior Subordinated Debt [Member]
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust Net Of Ownership Interest In Trust													$ 49,614,000
Yield To Maturities													19.79%
Junior Subordinated Debt [Member] | Sunset Financial Statutory Trust I [Member] | Alesco Capital Trust I [Member]
Fair Value of Common Securities Variable Interest Entities Trusts													$ 0
Non-convertible Senior Notes [Member] | Non-convertible Senior Notes 12.00% (2020 Senior Notes) [Member]
Debt Instrument, Face Amount																			$ 4,500,000
Debt Instrument, Interest Rate, Stated Percentage																			12%
Repayments of Long-Term Debt, Total								$ 4,386,000
Long-Term Debt, Gross															$ 2,400,000
Non-convertible Senior Notes [Member] | Non-convertible Senior Notes 12.00% (2020 Senior Notes) [Member] | JKD Capital Partners I, LTD [Member]
Debt Instrument, Face Amount																			$ 2,250,000
Non-convertible Senior Notes [Member] | Non-convertible Senior Notes 10.00% (2020 Senior Notes) [Member]
Debt Instrument, Face Amount																			4,500,000
Non-convertible Senior Notes [Member] | Non-convertible Senior Notes 10.00% (2020 Senior Notes) [Member] | JKD Capital Partners I, LTD [Member]
Debt Instrument, Face Amount			$ 4,500,000																2,250,000
Debt Instrument, Interest Rate, Stated Percentage			10%
Debt Instrument, Interest Rate In Event of Default			11%
Proceeds from Issuance of Long-Term Debt, Total			$ 2,250,000
Non-convertible Senior Notes [Member] | Non-convertible Senior Notes 10.00% (2020 Senior Notes) [Member] | RN Capital Solutions LLC (RNCS) [Member]
Debt Instrument, Face Amount																			$ 2,250,000
Non-convertible Senior Notes [Member] | Non-convertible Senior Notes 12.00% (2019 Senior Notes) [Member]
Debt Instrument, Interest Rate, Stated Percentage									12%	8%
Debt Instrument, Interest Rate In Event of Default									13%	9%
Junior Subordinated Notes [Member]
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust Net Of Ownership Interest In Trust													49,614,000
Long-Term Debt, Total	[1]												24,524,000	23,961,000
Junior Subordinated Notes [Member] | Sunset Financial Statutory Trust I [Member]
Debt Instrument, Interest Rate, Stated Percentage	[1],[2]																8.88%
Long-Term Debt, Gross	[1]												20,000,000	20,000,000
Junior Subordinated Notes [Member] | Alesco Capital Trust I Debt [Member]
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust Net Of Ownership Interest In Trust													$ 28,995,000
Junior Subordinated Notes [Member] | Alesco Capital Trust I Debt [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate													4%
Junior Subordinated Notes [Member] | Sunset Financial Statutory Trust I Debt [Member]
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust Net Of Ownership Interest In Trust													$ 20,619,000
Debt Instrument, Basis Spread on Variable Rate													4.15%
Credit Facility [Member] | Byline Bank [Member]
Long-Term Debt, Gross													$ 0	$ 0
Credit Facility [Member] | The 2019 FT Revolver [Member]
Line of Credit Facility, Maximum Borrowing Capacity																				$ 25,000,000
[1]The junior subordinated notes listed represent debt the Company owes to the two trusts noted above. The total par amount owed by the Company to the trusts is $49,614. However, the Company owns the common stock of the trusts in a total par amount of $1,489. The Company pays interest (and at maturity, principal) to the trusts on the entire $49,614 junior notes outstanding. However, the Company receives back from the trusts the pro rata share of interest and principal on the common stock held by the Company. These trusts are VIEs and the Company does not consolidate them even though the Company holds the common stock. The Company carries the common stock on its balance sheet at a value of $0. The junior subordinated notes are recorded at a discount to par. When factoring in the discount, the yield to maturity of the junior subordinated notes as of September 30, 2022 on a combined basis was 15.41% assuming the variable rate in effect on the last day of the reporting period remains in effect until maturity.[2]Represents the interest rate in effect as of the last day of the reporting period.

Note 20 - Debt - Detail of Debt

Note 20 - Debt - Detail of Debt (Details) - USD ($) $ in Thousands		Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021
Debt		$ 29,024		$ 43,394
Contingent Convertible Senior Notes [Member]
Less unamortized debt issuance costs		0		(67)
Debt		0		14,933
Junior Subordinated Notes [Member]
Debt	[1]	24,524		23,961
Less unamortized discount	[1]	(23,601)		(24,164)
Credit Facility [Member] | Byline Bank [Member]
Long-term Debt, Gross		0		0
Non-convertible Senior Notes 10.00% (2020 Senior Notes) [Member] | Contingent Convertible Senior Notes [Member]
Long-term Debt, Gross		4,500		4,500
Interest Rate	[2]		10%
Contingent Convertible Senior Notes 8.00% (2017 Convertible Note) [Member] | Contingent Convertible Senior Notes [Member]
Long-term Debt, Gross	[3]	0		15,000
Interest Rate	[2],[3]		8%
Alesco Capital Trust I [Member] | Junior Subordinated Notes [Member]
Long-term Debt, Gross	[1]	28,125		28,125
Interest Rate	[1],[2]		8.41%
Sunset Financial Statutory Trust I [Member] | Junior Subordinated Notes [Member]
Long-term Debt, Gross	[1]	$ 20,000		$ 20,000
Interest Rate	[1],[2]		8.88%
[1]The junior subordinated notes listed represent debt the Company owes to the two trusts noted above. The total par amount owed by the Company to the trusts is $49,614. However, the Company owns the common stock of the trusts in a total par amount of $1,489. The Company pays interest (and at maturity, principal) to the trusts on the entire $49,614 junior notes outstanding. However, the Company receives back from the trusts the pro rata share of interest and principal on the common stock held by the Company. These trusts are VIEs and the Company does not consolidate them even though the Company holds the common stock. The Company carries the common stock on its balance sheet at a value of $0. The junior subordinated notes are recorded at a discount to par. When factoring in the discount, the yield to maturity of the junior subordinated notes as of September 30, 2022 on a combined basis was 15.41% assuming the variable rate in effect on the last day of the reporting period remains in effect until maturity.[2]Represents the interest rate in effect as of the last day of the reporting period.[3]The holder of the 2017 Convertible Note may convert all or any part of the outstanding principal amount at any time prior to maturity into units of membership interests of the Operating LLC at a conversion price of $1.45 per unit, subject to customary anti-dilution adjustments. Units of membership interests in the Operating LLC not held by Cohen & Company Inc. may, with certain restrictions, be redeemed and exchanged into shares of the Cohen & Company Inc. common stock, par value $0.01 per share (“Common Stock”) on a ten-for-one basis. Therefore, the 2017 Convertible Note can be converted into Operating LLC units of membership interests and then redeemed and exchanged into Common Stock at an effective conversion price of $14.50. See note 20 to the Annual Report on Form 10-K for the year ended December 31, 2021. Effective March 20, 2022, the 2017 Note was converted into 10,344,827 units.December 31,2021. Effective March 20, 2022, the 2017 Note was converted into 10,344,827 units.

Note 20 - Debt - Interest Expen

Note 20 - Debt - Interest Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Interest expense, net	$ 4,982	$ 7,233	$ 9,589
Interest expense (income), net	4,982	7,233	9,589
Junior Subordinated Notes [Member]
Interest expense, net	3,442	2,601	2,882
Senior Note 2020 [Member]
Interest expense, net	458	540	496
Convertible Note 2017 [Member]
Interest expense, net	327	1,534	1,505
Convertible 2013 Notes/ 2019 Senior Notes [Member]
Interest expense, net	0	211	336
Byline Bank Credit Facility [Member]
Interest expense, net	247	435	1,102
Redeemable Financial Instrument - DGC Family Fintech Trust / CBF [Member]
Interest expense (income), net	0	197	1,490
Redeemable Financial Instrument - JKD Capital Partners I LTD [Member]
Interest expense (income), net	508	1,715	1,883
Redeemable Financial Instrument - ViaNova Capital Group, LLC [Member]
Interest expense (income), net	$ 0	$ 0	$ (105)

Note 21 - Equity (Details Textu

Note 21 - Equity (Details Textual) $ / shares in Units, $ in Thousands					12 Months Ended
	Apr. 05, 2022 $ / shares	Mar. 10, 2020 $ / shares shares	Dec. 30, 2019 USD ($) shares	Dec. 23, 2019 $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2020 USD ($) $ / shares shares	Jun. 07, 2021 USD ($)	Mar. 05, 2021 USD ($)	Dec. 01, 2020 USD ($)	Aug. 31, 2020 USD ($)
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares		$ 0.001			$ 0.001	$ 0.001
Preferred Stock, Shares Authorized (in shares)					50,000,000	50,000,000
Preferred Stock, Shares Issued, Total (in shares)					27,413,098	27,413,098
Preferred Stock, Shares Outstanding, Ending Balance (in shares)					27,413,098	27,413,098
Stock Issued During Period, Value, New Issues | $						$ 9,076
Dividends, Total | $					$ 2,558	671	$ 27
Dividends, Distributions to Non-controlling Interests | $					6,485	2,103	35
Increase (Decrease) in Other Investments | $							(9,694)
Noncontrolling Interest [Member]
Dividends, Distributions to Non-controlling Interests | $					$ 6,485	$ 2,103	35
Equity Agreement [Member] | Northland Capital Markets [Member]
Aggregative Value of Shares | $									$ 9,318
Equity Agreement [Member] | Northland Capital Markets [Member] | Maximum [Member]
Aggregate Offering Price | $										$ 75,000
Equity Distribution Letter Agreement [Member]
Stock Issued During Period, Shares, New Issues (in shares)					0	300,859
Aggregate Offering Price | $								$ 7,966
Percentage of Gross Offering Proceeds of Shares Sold								2.50%
Stock Issued During Period, Value, New Issues | $						$ 9,076
The December 2020 Letter Agreement [Member]
Stock Repurchase Program, Authorized Amount | $							$ 1,000
The August 2020 Letter Agreement [Member]
Stock Repurchase Program, Authorized Amount | $											$ 2,000
The 10b5-1 Plan [Member]
Treasury Stock, Shares, Acquired (in shares)						49,544	121,181
Treasury Stock, Value, Acquired, Par Value Method | $						$ 857	$ 2,143
The 2020 Rights Agreement [Member]
Voting Power, Percentage		50%
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares		$ 100
Repurchase of Warrants, Price per Share (in dollars per share) | $ / shares		200
Share Price (in dollars per share) | $ / shares		$ 20
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right (in shares)		10
Percentage of Purchase Price Required for Adjustments		1%
Number of Fractal Units Issued (in shares)		0
Preferred Stock, Redemption Price Per Share (in dollars per share) | $ / shares		$ 0.001
Daniel G. Cohen And DGC Trust [Member]
Voting Power, Percentage					60.70%
Daniel G. Cohen [Member]
Stock Issued During Period, Value, New Issues | $			$ 4,351
Daniel G. Cohen [Member] | DGC Trust [Member]
Stock Issued During Period, Value, New Issues | $			3,428
Increase (Decrease) in Other Investments | $			$ 7,779
Daniel G. Cohen [Member] | Minimum [Member] | DGC Trust [Member]
Minimum Percentage of Common Stock Outstanding, Aggregated Shares Issued with Unit Redemption of LLC Units			19.99%
Series C Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares					$ 0.001
Preferred Stock, Shares Authorized (in shares)					10,000	10,000
Preferred Stock, Voting Rights per Share					10,000
Preferred Stock, Liquidation Preference Per Share (in dollars per share) | $ / shares					$ 100,000
Preferred Stock, Shares Issued, Total (in shares)					0	0
Preferred Stock, Shares Outstanding, Ending Balance (in shares)					0	0
Series E Preferred Stock [Member]
Preferred Stock, Shares Issued, Total (in shares)					4,983,557
Ratio of Shares To Vote					10
Preferred Stock, Shares Outstanding, Ending Balance (in shares)					4,983,557
Voting Power, Percentage					11%
Series F Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares				$ 1
Preferred Stock, Shares Authorized (in shares)				25,000,000
Preferred Stock, Shares Issued, Total (in shares)					22,429,541
Ratio of Shares To Vote				10
Preferred Stock, Shares Outstanding, Ending Balance (in shares)					22,429,541
Voting Power, Percentage					49.70%
Series F Preferred Stock [Member] | Mr. Cohen [Member]
Stock Issued During Period, Shares, New Issues (in shares)				12,549,273
Series F Preferred Stock [Member] | DGC Trust [Member]
Preferred Stock, Shares Issued, Total (in shares)			9,880,268
Stock Issued During Period, Shares, New Issues (in shares)				9,880,268
Series F Preferred Stock [Member] | SPA, Daniel G. Cohen And DGC Trust [Member]
Preferred Stock, Shares Issued, Total (in shares)			22,429,541
Series F Preferred Stock [Member] | SPA, Daniel G. Cohen And DGC Trust [Member] | Noncontrolling Interest [Member]
Minority Interest, Shares Issued (in shares)			22,429,541
Series C Junior Participating Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares		0.001
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares		$ 100
Class of Warrant or Right, Exercise Trigger, Percentage of Common Stock Owned by Individual or Affiliates		4.95%
Common Stock [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share) | $ / shares	$ 0.75				$ 1.75	$ 0.50	$ 0

Note 21 - Equity - Shares Outst

Note 21 - Equity - Shares Outstanding of Stockholders' Equity of the Company (Details) - shares		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Repurchase and retirement of common stock (in shares)			(495,440)	(1,211,810)
Cohen & Company [Member]
Shares, outstanding (in shares)	[1]	1,697,443	1,325,529	1,193,624
Issuance of shares (in shares)		0	300,859	0
Issuance as equity-based compensation (in shares)		92,400	142,376	268,129
Vesting of shares (in shares)		0	0	0
Shares withheld for employee taxes (in shares)		(15,501)	(21,777)	(15,043)
Forfeiture / cancellation of restricted stock (in shares)		0	0	0
Repurchase and retirement of common stock (in shares)		0	(49,544)	(121,181)
Forfeiture / cancellation of restricted stock (in shares)		0	0	0
Shares, outstanding (in shares)	[1]	1,774,342	1,697,443	1,325,529
Cohen & Company [Member] | Restricted Stock [Member]
Shares, outstanding (in shares)	[1]	366,293	286,566	73,715
Issuance of shares (in shares)		0	0	0
Issuance as equity-based compensation (in shares)		92,400	142,376	268,129
Vesting of shares (in shares)		(117,634)	(62,649)	(55,278)
Shares withheld for employee taxes (in shares)		0	0	0
Forfeiture / cancellation of restricted stock (in shares)		0	0	0
Repurchase and retirement of common stock (in shares)		0	0	0
Forfeiture / cancellation of restricted stock (in shares)		0	0	0
Shares, outstanding (in shares)	[1]	341,059	366,293	286,566
Cohen & Company [Member] | Common Stock [Member]
Shares, outstanding (in shares)	[1]	1,331,150	1,038,963	1,119,909
Issuance of shares (in shares)		0	300,859	0
Issuance as equity-based compensation (in shares)		0	0	0
Vesting of shares (in shares)		117,634	62,649	55,278
Shares withheld for employee taxes (in shares)		(15,501)	(21,777)	(15,043)
Forfeiture / cancellation of restricted stock (in shares)			0	0
Repurchase and retirement of common stock (in shares)		0	(49,544)	(121,181)
Forfeiture / cancellation of restricted stock (in shares)			0	0
Shares, outstanding (in shares)	[1]	1,433,283	1,331,150	1,038,963
[1]Excludes remaining restricted units of Cohen & Company Inc. Common Stock. See note 22.

Note 21 - Equity - Rollforward

Note 21 - Equity - Rollforward of Units Outstanding (Details) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Balance, shares (in shares)	41,869,175	38,418,255	38,952,715
Issuance of Units (in shares)	1,021,330	3,417,310	402,350
Issuance of Units as equity compensation (in shares)	0	0	0
Vesting of units (in shares)	751,540	529,050	275,000
Repurchase and retirement of common stock (in shares)		(495,440)	(1,211,810)
Issuance of units under 2017 Convertible Note (in shares)	10,344,827
Balance, shares (in shares)	53,986,872	41,869,175	38,418,255
Cohen & Company [Member]
Balance, shares (in shares)	13,311,494	10,389,624	11,199,084
Issuance of Units (in shares)	1,021,330	3,417,310	402,350
Issuance of Units as equity compensation (in shares)	0	0	0
Vesting of units (in shares)	0	0
Repurchase and retirement of common stock (in shares)		(495,440)	(1,211,810)
Issuance of units under 2017 Convertible Note (in shares)	0
Balance, shares (in shares)	14,332,824	13,311,494	10,389,624
Daniel G. Cohen [Member]
Balance, shares (in shares)	18,605,315	18,076,275	17,801,275
Issuance of Units (in shares)	0	0	0
Issuance of Units as equity compensation (in shares)	0	0	0
Vesting of units (in shares)	751,540	529,040	275,000
Repurchase and retirement of common stock (in shares)		0	0
Issuance of units under 2017 Convertible Note (in shares)	0
Balance, shares (in shares)	19,356,855	18,605,315	18,076,275
DGC Trust [Member]
Balance, shares (in shares)	9,880,268	9,880,268	9,880,268
Issuance of Units (in shares)	0	0	0
Issuance of Units as equity compensation (in shares)	0	0	0
Vesting of units (in shares)	0	0
Repurchase and retirement of common stock (in shares)		0	0
Issuance of units under 2017 Convertible Note (in shares)	10,344,827
Balance, shares (in shares)	20,225,095	9,880,268	9,880,268
Others [Member]
Balance, shares (in shares)	72,098	72,088	72,088
Issuance of Units (in shares)	0	0	0
Issuance of Units as equity compensation (in shares)	0	0	0
Vesting of units (in shares)		10
Repurchase and retirement of common stock (in shares)		0	0
Issuance of units under 2017 Convertible Note (in shares)	0
Balance, shares (in shares)	72,098	72,098	72,088

Note 21 - Equity - Schedule of

Note 21 - Equity - Schedule of Effects of Changes in Ownership Interest Subsidiary (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Net income / (loss) attributable to Cohen & Company Inc.	$ (13,389)	$ 11,808	$ 14,205
Increase / (decrease) in Cohen & Company Inc.'s paid in capital for the acquisition / (surrender) of additional units in consolidated subsidiary, net	(338)	(1,929)	(1,765)
Changes from net income / (loss) attributable to Cohen & Company Inc. and transfers (to) from non-controlling interest	$ (13,727)	$ 9,879	$ 12,440

Note 21 - Equity - Rollforwar_2

Note 21 - Equity - Rollforward of Non-controlling Interests (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Balance	$ 89,492	$ 57,528	$ 15,437
Non-controlling interest share of (loss)	(45,281)	62,230	24,248
Other comprehensive income	(152)	(170)	103
Acquisition / (surrender) of additional units of consolidated subsidiary	334	1,939	1,706
Equity-based compensation	3,181	14,927	12,313
Shares withheld for employee taxes	(158)	(276)	(39)
Dividends/distributions to convertible non-controlling interest	(6,485)	(2,103)	(35)
Non-convertible non-controlling interest investment	9	17,095	13,489
Non-convertible non-controlling interest distributions	(8,653)	(61,678)	(9,694)
Convertible non-controlling interest investment	15,000
Balance	47,287	89,492	57,528
Operating LLC [Member]
Balance	57,628	29,723	13,175
Non-controlling interest share of (loss)	(22,078)	26,656	14,200
Other comprehensive income	(152)	(170)	103
Acquisition / (surrender) of additional units of consolidated subsidiary	334	1,939	1,706
Equity-based compensation	3,181	1,859	613
Shares withheld for employee taxes	(158)	(276)	(39)
Dividends/distributions to convertible non-controlling interest	(6,485)	(2,103)	(35)
Non-convertible non-controlling interest investment	0		0
Non-convertible non-controlling interest distributions	0		0
Convertible non-controlling interest investment	15,000
Balance	47,270	57,628	29,723
Insurance SPAC [Member]
Balance	0	16,686	2,262
Non-controlling interest share of (loss)	0	3,560	9,328
Other comprehensive income	0	0	0
Acquisition / (surrender) of additional units of consolidated subsidiary	0	0	0
Equity-based compensation	0	0	11,700
Shares withheld for employee taxes	0	0	0
Dividends/distributions to convertible non-controlling interest	0	0	0
Non-convertible non-controlling interest investment	0	0	0
Non-convertible non-controlling interest distributions	0	(20,246)	(6,604)
Convertible non-controlling interest investment	0
Balance	0	0	16,686
Insurance SPAC II [Member]
Balance	0	4,295	0
Non-controlling interest share of (loss)	0	17,644	(262)
Other comprehensive income	0	0	0
Acquisition / (surrender) of additional units of consolidated subsidiary	0	0	0
Equity-based compensation	0	13,068	0
Shares withheld for employee taxes	0	0	0
Dividends/distributions to convertible non-controlling interest	0	0	0
Non-convertible non-controlling interest investment	0	0	4,557
Non-convertible non-controlling interest distributions	0	(35,007)	0
Convertible non-controlling interest investment	0
Balance	0	0	4,295
Insurance SPAC III Sponsor Entities [Member]
Balance	4,808	5,416	0
Non-controlling interest share of (loss)	(4,808)	(615)	(16)
Other comprehensive income	0	0	0
Acquisition / (surrender) of additional units of consolidated subsidiary	0	0	0
Equity-based compensation	0	0	0
Shares withheld for employee taxes	0	0	0
Dividends/distributions to convertible non-controlling interest	0	0	0
Non-convertible non-controlling interest investment	0	7	5,432
Non-convertible non-controlling interest distributions	0	0	0
Convertible non-controlling interest investment	0
Balance	0	4,808	5,416
Other Consolidated Subsidiaries [Member]
Balance	27,056	1,408	0
Non-controlling interest share of (loss)	(18,395)	14,985	998
Other comprehensive income	0	0	0
Acquisition / (surrender) of additional units of consolidated subsidiary	0	0	0
Equity-based compensation	0	0	0
Shares withheld for employee taxes	0	0	0
Dividends/distributions to convertible non-controlling interest	0	0	0
Non-convertible non-controlling interest investment	9	17,088	3,500
Non-convertible non-controlling interest distributions	(8,653)	(6,425)	(3,090)
Convertible non-controlling interest investment	0
Balance	$ 17	$ 27,056	$ 1,408

Note 22 - Equity-based Compen_3

Note 22 - Equity-based Compensation (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Jun. 02, 2022	Apr. 07, 2020	Apr. 06, 2020
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 13,783
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	2 years 3 months 3 days
Membership Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 0	$ 23,527	$ 13,361
Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)				1,900,000	1,200,000	600,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)	761,324
Long Term Incentive Plan 2010 and AFN 2006 Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)	0
Equity Incentive Plan 2010 and 2006 Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 2,852	$ 1,999	$ 290

Note 22 - Equity-based Compen_4

Note 22 - Equity-based Compensation - Equity-based Compensation Included in Compensation and Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Equity based compensation expense	$ 4,390	$ 15,718	$ 12,553
Non equity-based compensation expense	45,900	69,330	47,349
Total compensation and benefits	$ 50,290	$ 85,048	$ 59,902

Note 22 - Equity-based Compen_5

Note 22 - Equity-based Compensation - Detail of Equity Based Compensation by Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Equity based compensation expense	$ 4,390	$ 15,718	$ 12,553
Membership Interests [Member] | Sponsor Entities [Member]
Equity based compensation expense	0	13,068	11,700
Equity Incentive Plan 2010 and 2006 Equity Incentive Plan [Member] | Restricted Stock and Restricted Stock Units [Member]
Equity based compensation expense	21	291	635
Equity Incentive Plan 2020 [Member] | Restricted Stock and Restricted Stock Units [Member]
Equity based compensation expense	$ 4,369	$ 2,359	$ 218

Note 22 - Equity-based Compen_6

Note 22 - Equity-based Compensation - Restricted Stock (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Restricted Stock [Member]
Unvested, number of shares (in shares)	366,293	286,566	73,715
Unvested, weighted average grant date fair value (in dollars per share)	$ 16.80	$ 14.23	$ 9.22
Granted, number of shares (in shares)	92,400	142,376	268,129
Granted, weighted average grant date fair value (in dollars per share)	$ 11.13	$ 17.94	$ 14.65
Vested, number of shares (in shares)	(117,634)	(62,649)	(55,278)
Vested, weighted average grant date fair value (in dollars per share)	$ 14.08	$ 7.59	$ 9.63
Unvested, number of shares (in shares)	341,059	366,293	286,566
Unvested, weighted average grant date fair value (in dollars per share)	$ 16.17	$ 16.80	$ 14.23
Restricted Stock Units (RSUs) [Member]
Unvested, number of shares (in shares)	6,871,030	2,783,080	550,000
Unvested, weighted average grant date fair value (in dollars per share)	$ 1.93	$ 1.46	$ 0.80
Granted, number of shares (in shares)	422,000	4,617,000	2,508,080
Granted, weighted average grant date fair value (in dollars per share)	$ 0.85	$ 2.07	$ 1.54
Vested, number of shares (in shares)	(751,540)	(529,050)	(275,000)
Vested, weighted average grant date fair value (in dollars per share)	$ 1.35	$ 0.62	$ 0.80
Unvested, number of shares (in shares)	6,541,490	6,871,030	2,783,080
Unvested, weighted average grant date fair value (in dollars per share)	$ 1.93	$ 1.93	$ 1.46
Forfeited, number of shares (in shares)	0	0	0
Forfeited, Weighted average grant date fair value, balance (in dollars per share)	$ 0	$ 0	$ 0

Note 22 - Equity-based Compen_7

Note 22 - Equity-based Compensation Performance Based Vesting (Details) - Membership Units [Member] - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Unvested, number of shares (in shares)	1,732,500	3,272,500	1,263,000
Unvested, weighted average grant date fair value (in dollars per share)	$ 9.97	$ 9.98	$ 9.95
Granted (in shares)	0	0	3,272,500
Granted, weighted average grant date fair value (in dollars per share)		$ 0	$ 9.98
Vested, number of shares (in shares)	0	(1,309,000)	(1,175,339)
Vested, weighted average grant date fair value (in dollars per share)	$ 0	$ 9.99	$ 9.95
Forfeited, number of shares (in shares)	(1,732,500)	(231,000)	(87,661)
Forfeited, Weighted average grant date fair value, balance (in dollars per share)	$ 9.97	$ 9.99	$ 9.95
Unvested, number of shares (in shares)	0	1,732,500	3,272,500
Unvested, weighted average grant date fair value (in dollars per share)	$ 0	$ 9.97	$ 9.98

Note 23 - Income Taxes (Details

Note 23 - Income Taxes (Details Textual) $ in Thousands	Dec. 31, 2022 USD ($)
Capital Loss Carryforward [Member]
Tax Credit Carryforward, Amount	$ 70,457
Domestic Tax Authority [Member]
Operating Loss Carryforwards	$ 96,002

Note 23 - Income Taxes - Income

Note 23 - Income Taxes - Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Federal income tax expense (benefit)	$ 0	$ 0	$ 0
Foreign income tax expense (benefit)	198	188	122
State and local income tax expense (benefit)	17	387	86
Current Income Tax Expense (Benefit), Total	215	575	208
Federal income tax expense (benefit)	4,634	(530)	(7,430)
Foreign income tax expense (benefit)	0	0	0
State and local income tax expense (benefit)	(55)	(3,586)	(1,447)
Deferred Income Tax Expense (Benefit), Total	4,579	(4,116)	(8,877)
Total	$ 4,794	$ (3,541)	$ (8,669)

Note 23 - Income Taxes - Inco_2

Note 23 - Income Taxes - Income (Loss) Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Domestic	$ (54,749)	$ 69,791	$ 30,317
Foreign	873	706	(533)
Income / (loss) before income tax expense / (benefit)	$ (53,876)	$ 70,497	$ 29,784

Note 23 - Income Taxes - Inco_3

Note 23 - Income Taxes - Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Federal statutory rate	$ (11,314)	$ 14,804	$ 6,255
Pass thru impact	9,509	(13,068)	(5,092)
Deferred tax valuation allowance and other	6,439	(2,267)	(8,593)
State and local tax	143	(3,197)	(1,361)
Foreign tax	17	187	122
Total	$ 4,794	$ (3,541)	$ (8,669)

Note 23 - Income Taxes - Schedu

Note 23 - Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Federal net operating loss carry-forward	$ 20,160	$ 19,678
State and local net operating loss carry-forward	5,460	5,932
Federal capital loss carry-forward	14,796	17,192
Unrealized gain on debt	(6,505)	(5,679)
Investment in Operating LLC	13,682	10,353
Other	998	1,045
Other	(227)	(1,283)
Other	771	(238)
Gross deferred tax asset / (liability)	55,096	54,200
Gross deferred tax asset / (liability)	(6,732)	(6,962)
Gross deferred tax asset / (liability)	48,364	47,238
Less: valuation allowance	(41,430)	(35,725)
Net deferred tax asset / (liability)	13,666	18,475
Net deferred tax asset / (liability)	(6,732)	(6,962)
Net deferred tax asset / (liability)	$ 6,934	$ 11,513

Note 24 - Accumulated Other C_3

Note 24 - Accumulated Other Comprehensive Income (Loss) - Accumulated Other Comprehensive Income/(Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Balance	$ (905)	$ (821)	$ (915)
Change in foreign currency items	(54)	(74)	35
Other comprehensive income / (loss), net	(54)	(74)	35
Acquisition / (surrender) of additional units in consolidated subsidiary, net	4	(10)	59
Balance	(955)	(905)	(821)
OCI Items [Member]
Balance	(905)	(821)	(915)
Change in foreign currency items	(54)	(74)	35
Other comprehensive income / (loss), net	(54)	(74)	35
Acquisition / (surrender) of additional units in consolidated subsidiary, net	4	(10)	59
Balance	$ (955)	$ (905)	$ (821)

Note 25 - Net Capital Require_3

Note 25 - Net Capital Requirements - Statutory Net Capital Requirements (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Actual Net Capital or Liquid Capital	$ 48,106	$ 76,816
Amount Required	762	1,688
Excess	47,344	75,128
JVB [Member]
Actual Net Capital or Liquid Capital	46,518	73,999
Amount Required	250	250
Excess	46,268	73,749
CCFESA [Member]
Actual Net Capital or Liquid Capital	1,588	1,117
Amount Required	512	543
Excess	$ 1,076	574
CCFEL [Member]
Actual Net Capital or Liquid Capital		1,700
Amount Required		895
Excess		$ 805

Note 26 - Earnings (Loss) Per_3

Note 26 - Earnings (Loss) Per Common Share (Details Textual)	12 Months Ended
	Dec. 31, 2022
Redeemable Non-controlling Interest Membership Units Not Held Share Ratio	10

Note 26 - Earnings (Loss) Per_4

Note 26 - Earnings (Loss) Per Common Share - Earnings (Loss) Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Net income / (loss) attributable to Cohen & Company Inc.		$ (13,389)	$ 11,808	$ 14,205
Add/ (deduct): Income / (loss) attributable to non-controlling interest attributable to Operating LLC membership (1)	[1]	0	26,656	14,200
Add: Interest expense incurred on dilutive convertible notes		0	1,183	1,162
Add / (deduct): Adjustment (2)	[2]	0	1,719	9,452
Net income / (loss) on a fully converted basis		$ (13,389)	$ 41,366	$ 39,019
Weighted average shares outstanding-basic (in shares)		1,420,383	1,187,029	1,131,085
Unrestricted Operating LLC units of membership interests exchangeable into Cohen & Company Inc. shares (1) (in shares)	[1]	0	2,851,358	2,800,597
Restricted Units or shares (in shares)		0	212,055	124,922
Shares issuable upon conversion of dilutive convertible notes (in shares)		0	1,034,483	1,034,483
Weighted average common shares outstanding - Diluted (in shares)	[3]	1,420,383	5,284,925	5,091,087
Basic Earnings Per Share (in dollars per share)		$ (9.43)	$ 9.95	$ 12.56
Diluted Earnings Per Share (in dollars per share)		$ (9.43)	$ 7.83	$ 7.66
[1]The Operating LLC units of membership interests not held by Cohen & Company Inc. (that is, those held by the non-controlling interest) may be redeemed and exchanged into shares of the Company on a ten-for-one basis. The Operating LLC units of membership interests not held by Cohen & Company Inc. are redeemable, at the member’s option at any time, for (i) cash in an amount equal to the average of the per share closing prices of the Common Stock for the ten consecutive trading days immediately preceding the date the Company receives the member’s redemption notice, or (ii) at the Company's option, one tenth of a share of the Common Stock, subject, in each case, to appropriate adjustment upon the occurrence of an issuance of additional shares of the Common Stock as a dividend or other distribution on the outstanding Common Stock, or a further subdivision or combination of the outstanding shares of the Common Stock. These units are not included in the computation of basic earnings per share. These units enter into the computation of diluted net income (loss) per common share when the effect is not anti-dilutive using the if-converted method.[2]An adjustment is included because the Company would have incurred a higher income tax expense or realized a higher income tax benefit, as applicable, if the Operating LLC units of membership interests had been converted at the beginning of the period.[3]Potentially diluted securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows: Year Ended December 31, 2022 2021 2020 2017 Convertible Note 224,138 - - Restricted Common Stock 18,182 - - Restricted Operating LLC units 3,735,004 - - 3,977,324 - -

Note 26 - Earnings (Loss) Per_5

Note 26 - Earnings (Loss) Per Common Share - Schedule of Anti-Dilutive Securities (Details) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Antidilutive securities excluded from computation of earnings per share (in shares)	3,977,324	0	0
Convertible Debt Securities [Member]
Antidilutive securities excluded from computation of earnings per share (in shares)	224,138	0	0
Restricted Stock [Member]
Antidilutive securities excluded from computation of earnings per share (in shares)	18,182	0	0
Restricted Operating LLC Units [Member]
Antidilutive securities excluded from computation of earnings per share (in shares)	3,735,004	0	0

Note 28 - Commitments and Con_3

Note 28 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Sublease Income	$ 102	$ 178	$ 318
Business Development, Occupancy, Equipment Expense [Member]
Operating Lease, Expense	$ 2,522	$ 1,639	$ 1,521

Note 28 - Comments and Continge

Note 28 - Comments and Contingencies - Future Lease Commitments (Details) $ in Thousands	Dec. 31, 2022 USD ($)
2023, lease	$ 2,694
2024, lease	2,165
2025, lease	1,795
2026, lease	1,507
2026, sublease	0
2026, net commitment	1,507
2027, lease	1,515
2027, sublease	0
2027, net commitment	1,515
2028 and Thereafter, lease	2,246
Total	11,922
Leases Under Cash Commitments [Member]
2023, lease	2,694
2023, sublease	(51)
2023, net commitment	2,643
2024, lease	2,165
2024, sublease	0
2024, net commitment	2,165
2025, lease	1,794
2025, sublease	0
2025, net commitment	1,794
2028 and Thereafter, lease	2,247
2028 and Thereafter, sublease	0
2028 and Thereafter, net commitment	2,247
Total	11,922
Sublease	(51)
Net commitment	$ 11,871

Note 29 - Segment and Geograp_3

Note 29 - Segment and Geographic Information (Details Textual)	12 Months Ended
	Dec. 31, 2022
Number of Operating Segments	3

Note 29 - Segment and Geograp_4

Note 29 - Segment and Geographic Information - Statements of Operations Information (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Net trading		$ 40,009	$ 69,385	$ 73,611
Principal transactions and other income		(29,347)	37,324	45,506
Revenues, Total		44,387	146,368	130,110
Compensation and benefits		50,290	85,048	59,902
Other operating expense		22,060	21,727	19,997
Total operating expenses		72,350	106,775	87,782
Operating income / (loss)		(27,963)	39,593	42,328
Interest income (expense)		(4,982)	(7,233)	(9,589)
Earnings / (loss) realized		(20,931)	36,010	(2,955)
Other non-operating income		0	2,127	0
Income / (loss) before income taxes		(53,876)	70,497	29,784
Income tax expense / (benefit)		4,794	(3,541)	(8,669)
Net income / (loss)		(58,670)	74,038	38,453
Net Income attributable to non-controlling interests			62,230
Net income / (loss) attributable to Cohen & Company Inc.		(13,389)	11,808	14,205
Depreciation, Depletion and Amortization, Nonproduction, Total		557	371	334
Goodwill, Impairment Loss		0	0	7,883
Non-controlling Interest of Operating LLC [Member]
Net Income attributable to non-controlling interests		(23,203)	35,574	10,048
Cohen Co Including Noncontrolling Interest [Member]
Net income / (loss)		(35,467)	38,464	28,405
Non-controlling Interest of Cohen & Co. [Member]
Net Income attributable to non-controlling interests		(22,078)	26,656	14,200
Asset Management [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		9,004	10,923	8,759
New Issue and Advisory [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		24,721	28,736	2,234
Operating Segments [Member]
Net trading		40,009	69,385	73,611
Principal transactions and other income		(29,347)	37,324	45,506
Revenues, Total		44,387	146,368	130,110
Compensation and benefits		41,132	65,240	53,101
Other operating expense		17,440	16,452	14,756
Total operating expenses		58,572	81,692	75,740
Operating income / (loss)		(14,185)	64,676	54,370
Interest income (expense)		(247)	(435)	(997)
Earnings / (loss) realized		(20,931)	36,010	(2,955)
Other non-operating income		0	0
Income / (loss) before income taxes		(35,363)	100,251	50,418
Income tax expense / (benefit)		0	0	0
Net income / (loss)		(35,363)	100,251	50,418
Net income / (loss) attributable to Cohen & Company Inc.		(12,160)	64,677	40,370
Depreciation, Depletion and Amortization, Nonproduction, Total		5	3	21
Goodwill, Impairment Loss				7,883
Operating Segments [Member] | Non-controlling Interest of Operating LLC [Member]
Net Income attributable to non-controlling interests		(23,203)	35,574	10,048
Operating Segments [Member] | Cohen Co Including Noncontrolling Interest [Member]
Net income / (loss)		(12,160)	64,677	40,370
Operating Segments [Member] | Non-controlling Interest of Cohen & Co. [Member]
Net Income attributable to non-controlling interests		0	0	0
Operating Segments [Member] | Asset Management [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		9,004	10,923	8,759
Operating Segments [Member] | New Issue and Advisory [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		24,721	28,736	2,234
Operating Segments [Member] | Capital Markets [Member]
Net trading		40,009	69,385	73,611
Principal transactions and other income		2	(3)	3
Revenues, Total		64,732	98,118	75,848
Compensation and benefits		32,434	42,064	36,092
Other operating expense		14,539	13,914	12,546
Total operating expenses		46,973	55,978	56,521
Operating income / (loss)		17,759	42,140	19,327
Interest income (expense)		(247)	(435)	(997)
Earnings / (loss) realized		0	0	0
Other non-operating income		0	0
Income / (loss) before income taxes		17,512	41,705	18,330
Income tax expense / (benefit)		0	0	0
Net income / (loss)		17,512	41,705	18,330
Net income / (loss) attributable to Cohen & Company Inc.		17,512	41,705	18,330
Depreciation, Depletion and Amortization, Nonproduction, Total		0	1	18
Goodwill, Impairment Loss				7,883
Operating Segments [Member] | Capital Markets [Member] | Non-controlling Interest of Operating LLC [Member]
Net Income attributable to non-controlling interests		0	0	0
Operating Segments [Member] | Capital Markets [Member] | Cohen Co Including Noncontrolling Interest [Member]
Net income / (loss)		17,512	41,705	18,330
Operating Segments [Member] | Capital Markets [Member] | Non-controlling Interest of Cohen & Co. [Member]
Net Income attributable to non-controlling interests		0	0	0
Operating Segments [Member] | Capital Markets [Member] | Asset Management [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		0	0	0
Operating Segments [Member] | Capital Markets [Member] | New Issue and Advisory [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		24,721	28,736	2,234
Operating Segments [Member] | Asset Management Segment [Member]
Net trading		0	0	0
Principal transactions and other income		854	768	639
Revenues, Total		9,858	11,691	9,398
Compensation and benefits		7,612	6,630	5,309
Other operating expense		2,173	2,151	2,042
Total operating expenses		9,785	8,781	7,351
Operating income / (loss)		73	2,910	2,047
Interest income (expense)		0	0	0
Earnings / (loss) realized		0	0	0
Other non-operating income		0	0
Income / (loss) before income taxes		73	2,910	2,047
Income tax expense / (benefit)		0	0	0
Net income / (loss)		73	2,910	2,047
Net income / (loss) attributable to Cohen & Company Inc.		73	1,032	639
Depreciation, Depletion and Amortization, Nonproduction, Total		5	2	3
Goodwill, Impairment Loss				0
Operating Segments [Member] | Asset Management Segment [Member] | Non-controlling Interest of Operating LLC [Member]
Net Income attributable to non-controlling interests		0	1,878	1,408
Operating Segments [Member] | Asset Management Segment [Member] | Cohen Co Including Noncontrolling Interest [Member]
Net income / (loss)		73	1,032	639
Operating Segments [Member] | Asset Management Segment [Member] | Non-controlling Interest of Cohen & Co. [Member]
Net Income attributable to non-controlling interests		0	0	0
Operating Segments [Member] | Asset Management Segment [Member] | Asset Management [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		9,004	10,923	8,759
Operating Segments [Member] | Asset Management Segment [Member] | New Issue and Advisory [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		0	0	0
Operating Segments [Member] | Principal Investing [Member]
Net trading		0	0	0
Principal transactions and other income		(30,203)	36,559	44,864
Revenues, Total		(30,203)	36,559	44,864
Compensation and benefits		1,086	16,546	11,700
Other operating expense		728	387	168
Total operating expenses		1,814	16,933	11,868
Operating income / (loss)		(32,017)	19,626	32,996
Interest income (expense)		0	0	0
Earnings / (loss) realized		(20,931)	36,010	(2,955)
Other non-operating income		0	0
Income / (loss) before income taxes		(52,948)	55,636	30,041
Income tax expense / (benefit)		0	0	0
Net income / (loss)		(52,948)	55,636	30,041
Net income / (loss) attributable to Cohen & Company Inc.		(29,745)	21,940	21,401
Depreciation, Depletion and Amortization, Nonproduction, Total		0	0	0
Goodwill, Impairment Loss				0
Operating Segments [Member] | Principal Investing [Member] | Non-controlling Interest of Operating LLC [Member]
Net Income attributable to non-controlling interests		(23,203)	33,696	8,640
Operating Segments [Member] | Principal Investing [Member] | Cohen Co Including Noncontrolling Interest [Member]
Net income / (loss)		(29,745)	21,940	21,401
Operating Segments [Member] | Principal Investing [Member] | Non-controlling Interest of Cohen & Co. [Member]
Net Income attributable to non-controlling interests		0	0	0
Operating Segments [Member] | Principal Investing [Member] | Asset Management [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		0	0	0
Operating Segments [Member] | Principal Investing [Member] | New Issue and Advisory [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		0	0	0
Segment Reconciling Items [Member]
Net trading	[1]	0	0	0
Principal transactions and other income	[1]	0	0	0
Revenues, Total	[1]	0	0	0
Compensation and benefits	[1]	9,158	19,808	6,801
Other operating expense	[1]	4,620	5,275	5,241
Total operating expenses	[1]	13,778	25,083	12,042
Operating income / (loss)	[1]	(13,778)	(25,083)	(12,042)
Interest income (expense)	[1]	(4,735)	(6,798)	(8,592)
Earnings / (loss) realized	[1]	0	0	0
Other non-operating income	[1]	0	2,127
Income / (loss) before income taxes	[1]	(18,513)	(29,754)	(20,634)
Income tax expense / (benefit)	[1]	4,794	(3,541)	(8,669)
Net income / (loss)	[1]	(23,307)	(26,213)	(11,965)
Net income / (loss) attributable to Cohen & Company Inc.	[1]	(1,229)	(52,869)	(26,165)
Depreciation, Depletion and Amortization, Nonproduction, Total	[1]	552	368	313
Goodwill, Impairment Loss	[1]			0
Segment Reconciling Items [Member] | Non-controlling Interest of Operating LLC [Member]
Net Income attributable to non-controlling interests	[1]	0	0	0
Segment Reconciling Items [Member] | Cohen Co Including Noncontrolling Interest [Member]
Net income / (loss)	[1]	(23,307)	(26,213)	(11,965)
Segment Reconciling Items [Member] | Non-controlling Interest of Cohen & Co. [Member]
Net Income attributable to non-controlling interests	[1]	(22,078)	26,656	14,200
Segment Reconciling Items [Member] | Asset Management [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	[1]	0	0	0
Segment Reconciling Items [Member] | New Issue and Advisory [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	[1]	$ 0	$ 0	$ 0
[1]Unallocated includes certain expenses incurred by indirect overhead and support departments (such as the executive, finance, legal, information technology, human resources, risk, compliance and other similar overhead and support departments). Some of the items not allocated include: (1) operating expenses (such as cash compensation and benefits, equity-based compensation expense, professional fees, travel and entertainment, consulting fees, and rent) related to support departments excluding certain departments that directly support the Capital Markets business segment; (2) interest expense on debt; and (3) income taxes. Management does not consider these items necessary for an understanding of the operating results of these business segments and such amounts are excluded in business segment reporting to the chief operating decision maker.

Note 29 - Segment and Geograp_5

Note 29 - Segment and Geographic Information - Balance Sheet Data (Details) - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Total Assets		$ 887,055	$ 3,656,304
Investment in equity method affiliates		8,929	48,238	$ 13,482	$ 3,799
Goodwill	[1]	109	109
Intangible assets	[1]	166	166
Operating Segments [Member]
Total Assets		862,886	3,611,715
Investment in equity method affiliates		8,929	48,238
Goodwill	[1]	109	109
Intangible assets	[1]	166	166
Segment Reconciling Items [Member]
Total Assets	[2]	24,169	44,589
Investment in equity method affiliates	[2]	0	0
Goodwill	[1],[2]	0	0
Intangible assets	[1],[2]	0	0
Capital Markets [Member] | Operating Segments [Member]
Total Assets		820,238	3,501,973
Investment in equity method affiliates		0	0
Goodwill	[1]	54	54
Intangible assets	[1]	166	166
Asset Management Segment [Member] | Operating Segments [Member]
Total Assets		5,679	5,251
Investment in equity method affiliates		0	0
Goodwill	[1]	55	55
Intangible assets	[1]	0	0
Principal Investing [Member] | Operating Segments [Member]
Total Assets		36,969	104,491
Investment in equity method affiliates		8,929	48,238
Goodwill	[1]	0	0
Intangible assets	[1]	$ 0	$ 0
[1]Goodwill and intangible assets are allocated to the Capital Markets and Asset Management business segments as indicated in the table from above.[2]Unallocated assets primarily include (1) amounts due from related parties; (2) furniture and equipment, net; and (3) other assets that are not considered necessary for an understanding of business segment assets and such amounts are excluded in business segment reporting to the chief operating decision maker.

Note 29 - Segment and Geograp_6

Note 29 - Segment and Geographic Information - Geographic Data (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues	$ 44,387	$ 146,368	$ 130,110
UNITED STATES
Revenues	39,669	140,420	125,151
United Kingdom & Other [Member]
Revenues	$ 4,718	$ 5,948	$ 4,959

Note 30 - Supplemental Cash F_3

Note 30 - Supplemental Cash Flow Disclosure (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Aug. 22, 2020
Interest Paid, Excluding Capitalized Interest, Operating Activities	$ 4,782	$ 6,388	$ 8,711
Income Taxes Paid	327	166	234
Proceeds from Income Tax Refunds	0	96	82
Decrease in Convertible Debt	(15,000)
Increase (Decrease) in Other Investments			(9,694)
Shares Received in Exchange for Services, Value	7,416
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	8,653	61,678	9,694
Discontinued Operations, Disposed of by Sale [Member] | ViaNova [Member]
Disposal Group, Transferred On RTL, Fair Value				$ 2,243
Equity Method Affiliates [Member]
Increase (Decrease) in Equity Method Affiliates	(20,915)
Increase (Decrease) in Other Investments	20,915
Distribution Relating to the SPAC Merger [Member]
Increase (Decrease) in Other Investments	(6,417)	(20,119)
Other Investment [Member]
Increase (Decrease) in Other Investments	844
Other Investments Sold, Not Yet Purchased [Member]
Increase (Decrease) in Other Investments	(844)
Distribution Settlement with Vellar GP [Member]
Increase (Decrease) in Other Investments		701
Increase (Decrease) in Due from Related Parties, Total		(2,103)
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders		1,402
MetroMile Merger Distribution [Member]
Increase (Decrease) in Equity Method Affiliates		(3,958)
Increase (Decrease) in Other Investments		(31,049)
In-kind Distribution from Equity Method Affiliate [Member]
Increase (Decrease) in Equity Method Affiliates		(5,439)
Increase (Decrease) in Other Investment		5,439
In-kind Distributions from Other Consolidated Subsidiaries [Member]
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders		2,415
Increase (Decrease) in Other Investment		(2,415)
Additional Paid-in Capital [Member]
Minority Interest, Increase (Decrease) Related to Units of Consolidated Subsidiary	(338)	(1,929)	(1,765)
AOCI Attributable to Parent [Member]
Minority Interest, Increase (Decrease) Related to Units of Consolidated Subsidiary	4	(10)	59
Noncontrolling Interest [Member]
Minority Interest, Increase (Decrease) Related to Units of Consolidated Subsidiary	334	1,939	1,706
Increase in Convertible Non-controlling Interest	15,000
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	$ 8,653	$ 61,678	$ 9,694

Note 30 - Supplemental Cash F_4

Note 30 - Supplemental Cash Flow Disclosure - Collateral Deposits on Cash Flow from Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash collateral held from repo and or reverse repo counterparties - End of Period	$ 4,301	$ 17,320	$ 41,119
Less: Cash collateral held from repo and or reverse repo counterparties - End of Period	17,320	41,119	9,524
Impact to cash flow from operations	$ (13,019)	$ (23,799)	$ 31,595

Note 31 - Related Party Trans_3

Note 31 - Related Party Transactions (Details Textual) - USD ($) $ in Thousands

1 Months Ended

12 Months Ended

Jan. 31, 2022

Dec. 20, 2021

Nov. 24, 2021

Jun. 26, 2021

Mar. 15, 2021

Mar. 05, 2021

Feb. 26, 2021

Dec. 14, 2020

Oct. 13, 2020

Oct. 01, 2020

Sep. 29, 2020

Sep. 08, 2020

Feb. 03, 2020

Jan. 31, 2020

Dec. 30, 2019

Sep. 30, 2019

Sep. 29, 2017

Oct. 03, 2016

Aug. 28, 2015

Mar. 31, 2021

Oct. 31, 2020

Dec. 31, 2019

Oct. 31, 2019

Mar. 31, 2019

Jan. 31, 2019

Dec. 31, 2018

Jan. 31, 2017

Sep. 30, 2013

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Nov. 18, 2022

Dec. 01, 2020

Jul. 01, 2019

Payments to Acquire Equity Method Investments

$ 2,614

$ 8,392

$ 12,675

Stock Issued During Period, Value, New Issues

$ 9,076

Preferred Stock, Shares Issued, Total (in shares)

27,413,098

27,413,098

Due from Related Parties, Total

$ 787

$ 4,581

Equity Method Investments

$ 3,799

$ 8,929

48,238

13,482

Saving Plan 401K [Member]

Defined Contribution Plan, Employer Matching Contribution, Percent of Match

50%

Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay

3%

Defined Contribution Plan, Employer Discretionary Contribution Amount

$ 377

287

270

Series F Preferred Stock [Member]

Preferred Stock, Shares Issued, Total (in shares)

22,429,541

Common Stock [Member]

Stock Issued During Period, Value, New Issues

3

Insurance SPAC II [Member] | Operating LLC [Member]

Service Fees, Per Month

$ 20

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

46.10%

Insurance SPAC III Sponsor Entities [Member] | Operating LLC [Member]

Service Fees, Per Month

20

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

47.30%

Daniel G. Cohen [Member]

Stock Issued During Period, Value, New Issues

$ 4,351

CBF Cohen Bros. Financial [Member]

Related Party Transaction, Amounts of Transaction

$ 8,000

DGC Trust/CBF [Member]

Related Party Transaction, Amounts of Transaction

10,000

Related Party Transaction, Purchases from Related Party

$ 4,000

$ 2,500

$ 1,500

EBC Family Trust [Member]

Related Party Transaction, Amounts of Transaction

$ 4,000

Notes Payable, Related Parties

2,400

Stock Issued During Period, Value, New Issues

$ 1,600

Pensco Trust Company, Custodian fbo Edward E. Cohen IRA [Member] | Contingent Convertible Senior Notes [Member]

Related Party Transaction, Convertible Notes Purchased Between Related Parties

$ 4,386

$ 4,386

JKD Capital Partners I, LTD [Member]

Related Party Transaction, Amounts of Transaction

$ 4,500

$ 2,250

Investments In and Advance To Affiliates Amount Of Equity

$ 6,000

$ 1,268

$ 1,000

JKD Capital Partners I, LTD [Member] | 2022 Note Purchase Agreement [Member]

Related Party Transaction, Amounts of Transaction

$ 2,250

DGC Trust [Member]

Related Party Transaction, Amounts of Transaction

$ 2,000

DGC Trust [Member] | Payments to Redeem Financial Instrument [Member]

Related Party Transaction, Amounts of Transaction

$ 2,000

DGC Trust [Member] | Series F Preferred Stock [Member]

Preferred Stock, Shares Issued, Total (in shares)

9,880,268

DGC Trust [Member] | IMXI [Member] | Common Stock [Member]

Investment Owned, Balance, Shares (in shares)

291,480

Investment Owned, at Fair Value

$ 3,428

Cohen Circle LLC [Member]

Consulting Fees Per Month

$ 1

$ 1

$ 1

Insurance SPAC [Member]

Related Party Transactions, Agreed Amount To Lend

$ 750

Due from Related Parties, Total

650

Proceeds from Related Party Debt

650

Insurance SPAC [Member] | Operating LLC [Member]

Service Fees, Per Month

$ 10

Insurance SPAC II [Member]

Related Party Transactions, Agreed Amount To Lend

$ 750

Due from Related Parties, Total

0

Insurance SPAC III [Member]

Related Party Transaction, Amounts of Transaction

$ 71

Due from Related Parties, Total

0

500

$ 960

Insurance SPAC III Sponsor Entities [Member]

Related Party Transaction, Amounts of Transaction

1,500

Related Party Transactions, Agreed Amount To Lend

960

FinTech Acquisition Corp III [Member] | COHN, LLC [Member]

Investment Owned, Balance, Shares (in shares)

23,300

Zucker and Moore, LLC [Member]

Operating Lease, Expense

48

96

96

CK Capital Partners B.V. [Member]

Equity Method Investment, Ownership Percentage

45%

Equity Method Investment, Quoted Market Value

$ 18

CK Capital Partners B.V. [Member] | Daniel G. Cohen [Member]

Equity Method Investment, Quoted Market Value

$ 17

AOI [Member]

Equity Method Investment, Ownership Percentage

10%

Equity Method Investment, Quoted Market Value

$ 1

Payments to Acquire Equity Method Investments

1

Sponsor Entities [Member] | Betsy Cohen [Member]

Investments In and Advance To Affiliates Amount Of Equity

$ 2

SPAC II Sponsor Entities [Member] | Betsy Cohen [Member]

Investments In and Advance To Affiliates Amount Of Equity

$ 1

1

FlipOs [Member]

Other Investments, Total

691

Insurance SPAC [Member]

Equity Method Investments

3,222

$ 0

$ 4,543

9,807

Insurance SPAC [Member] | Sponsor Entities [Member]

Equity Method Investment, Ownership Percentage

26.50%

FTAC IV Sponsor [Member]

Equity Method Investment, Quoted Market Value

1

Equity Method Investment, Shares Purchased (in shares)

24,547

FTAC IV Sponsor [Member] | Founder Shares [Member]

Equity Method Investment, Shares Purchased (in shares)

81,825

FTAC Olympus [Member]

Equity Method Investment, Aggregate Cost

40

FTAC V Sponsor [Member]

Equity Method Investment, Aggregate Cost

$ 40

Equity Method Investment, Additional Shares Received for Services (in shares)

35,000

FTAC V Sponsor [Member] | Founder Shares [Member]

Equity Method Investment, Shares Purchased (in shares)

140,000

FTAC VI Sponsor [Member]

Equity Method Investment, Additional Shares Received for Services (in shares)

35,000

Equity Method Investments

$ 40

FTAC Olympus Sponsor [Member]

Equity Method Investment, Shares Purchased (in shares)

399,741

Equity Method Investment, Additional Shares Received for Services (in shares)

19,987

Equity Method Investments

$ 40

FTAC Athena Sponsor [Member]

Equity Method Investments

$ 40

Equity Method Investment, Shares Received from Services Provided (in shares)

35,000

FTAC Hera Sponsor [Member]

Equity Method Investments

$ 40

$ 40

Equity Method Investment, Shares Received from Services Provided (in shares)

35,000

FTAC Parnassus Sponsor [Member]

Equity Method Investments

$ 40

Equity Method Investment, Shares Received from Services Provided (in shares)

35,000

FTAC Zeus Sponsor [Member]

Equity Method Investments

$ 40

Equity Method Investment, Shares Received from Services Provided (in shares)

35,000

FTAC Emerald Sponsor [Member]

Equity Method Investment, Shares Received from Services Provided (in shares)

35,000

Other SPAC Sponsor Entities [Member]

Equity Method Investment, Ownership Percentage

1.90%

Equity Method Investments

$ 0

$ 3,399

$ 38,095

$ 363

SPAC Fund [Member]

Equity Method Investment, Ownership Percentage

67%

U.S. Insurance JV [Member]

Equity Method Investment, Ownership Percentage

2.46%

CREO JV [Member]

Equity Method Investment, Ownership Percentage

7.50%

Note 31 - Related Party Trans_4

Note 31 - Related Party Transactions - Routine Transactions Recognized in the Statements of Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Asset management	$ 2,023	$ 5,171	$ 2,774
Principal transactions and other income	4,576	2,970	770
Income/(loss) from equity method affiliates	(20,931)	36,010	(2,955)
Operating expense (income)	555	886	1,148
Interest expense (income)	1,270	3,927	5,462
SPAC Fund [Member]
Asset management	954	4,327	2,406
Principal transactions and other income	(43)	474	183
Other SPAC Sponsor Entities [Member]
Asset management	0	319	0
Principal transactions and other income	160	132	23
U.S. Insurance JV [Member]
Asset management	1,069	525	368
Principal transactions and other income	11	142	222
Dutch Real Estate Entities [Member]
Principal transactions and other income	0	137	147
Income/(loss) from equity method affiliates	(71)	(137)	639
Insurance SPAC [Member]
Principal transactions and other income	0	0	95
Income/(loss) from equity method affiliates	0	0	(3,138)
Insurance SPAC II [Member]
Principal transactions and other income	0	40	80
Income/(loss) from equity method affiliates	0	(107)	(486)
Insurance SPAC III [Member]
Principal transactions and other income	220	240	20
Income/(loss) from equity method affiliates	(5,896)	(1,200)	(34)
Stoa USA, Inc. [Member]
Principal transactions and other income	4,196	1,805	0
CREO JV [Member]
Principal transactions and other income	32	0	0
Other SPAC Entities [Member]
Income/(loss) from equity method affiliates	(14,962)	37,453	63
Equity Method Affiliates [Member]
Income/(loss) from equity method affiliates	(20,929)	36,009	(2,956)
Duane Morris [Member]
Operating expense (income)	621	925	1,194
Cohen Circle LLC [Member]
Operating expense (income)	(66)	(39)	(46)
CBF [Member]
Interest expense (income)	0	197	1,191
DGC Trust [Member]
Interest expense (income)	327	1,534	1,804
EBC [Member]
Interest expense (income)	0	211	289
Edward E. Cohen IRA [Member]
Interest expense (income)	0	0	47
JKD Investor [Member]
Interest expense (income)	$ 943	$ 1,985	$ 2,131

Note 32 - Due From Due To Rel_3

Note 32 - Due From Due To Related Parties - Due From Due To Related Parties (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Nov. 18, 2022	Dec. 31, 2021
Due from Related Parties, Total	$ 787		$ 4,581
CK Capital Partners B.V. [Member]
Due from Related Parties, Total	0		137
U.S. Insurance JV [Member]
Due from Related Parties, Total	261		147
Insurance SPAC III [Member]
Due from Related Parties, Total	0	$ 960	500
SPAC Funds [Member]
Due from Related Parties, Total	294		3,653
Employees & Other [Member]
Due from Related Parties, Total	$ 232		$ 144

Schedule I - Condensed Financia

Schedule I - Condensed Financial Information of Registrant (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash and cash equivalents	$ 29,101	$ 50,567
Deferred income taxes	6,934	11,513
Total assets	887,055	3,656,304
Accrued interest and other liabilities	11,439	22,819
Debt	29,024	43,394
Total liabilities	793,029	3,504,871
Voting Non-Convertible Preferred Stock, $0.001 par value per share, 50,000,000 shares authorized, 27,413,098 shares issued and outstanding, respectively	27	27
Common Stock, $0.01 par value per share, 100,000,000 shares authorized, 1,774,342 and 1,697,443 shares issued and outstanding, respectively, including 341,059 and 366,293 unvested or restricted share awards, respectively	17	17
Additional paid-in capital	72,801	72,006
Accumulated deficit	(25,151)	(9,204)
Accumulated other comprehensive loss	(955)	(905)	$ (821)	$ (915)
Total stockholders' equity	46,739	61,941
Total liabilities and equity	887,055	3,656,304
Parent Company [Member]
Cash and cash equivalents	0	0
Investment in Cohen & Company, LLC	68,331	77,896
Prepaid income taxes	146	0
Deferred income taxes	3,093	8,134
Total assets	71,570	86,030
Accrued interest and other liabilities	307	128
Debt	24,524	23,961
Total liabilities	24,831	24,089
Voting Non-Convertible Preferred Stock, $0.001 par value per share, 50,000,000 shares authorized, 27,413,098 shares issued and outstanding, respectively	27	27
Common Stock, $0.01 par value per share, 100,000,000 shares authorized, 1,774,342 and 1,697,443 shares issued and outstanding, respectively, including 341,059 and 366,293 unvested or restricted share awards, respectively	17	17
Additional paid-in capital	72,801	72,006
Accumulated deficit	(25,151)	(9,204)
Accumulated other comprehensive loss	(955)	(905)
Total stockholders' equity	46,739	61,941
Total liabilities and equity	$ 71,570	$ 86,030

Schedule I - Condensed Statemen

Schedule I - Condensed Statements of Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Total revenues	$ 44,387	$ 146,368	$ 130,110
Operating income / (loss)	(27,963)	39,593	42,328
Interest expense, net	(4,982)	(7,233)	(9,589)
Income / (loss) before income taxes	(53,876)	70,497	29,784
Income tax expense (benefit)	4,794	(3,541)	(8,669)
Net income / (loss) attributable to Cohen & Company Inc.	(13,389)	11,808	14,205
Parent Company [Member]
Equity in undistributed earnings / (loss) from Cohen & Company, LLC	(4,953)	13,908	8,567
Total revenues	(4,953)	13,908	8,567
Operating income / (loss)	(4,953)	13,908	8,567
Interest expense, net	(3,443)	(2,812)	(3,218)
Income / (loss) before income taxes	(8,396)	11,096	5,349
Income tax expense (benefit)	4,993	(712)	(8,856)
Net income / (loss) attributable to Cohen & Company Inc.	$ (13,389)	$ 11,808	$ 14,205

Schedule I - Statements of Cash

Schedule I - Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Net Income (loss)	$ (58,670)	$ 74,038	$ 38,453
Amortization of discount on debt	630	860	736
(Increase) decrease in other assets	981	(4,858)	4,340
Increase (decrease) in accounts payable and other liabilities	(11,769)	(19,189)	24,552
Net cash provided by (used in) operating activities	(23,488)	18,321	41,435
Proceeds from issuance of Common Stock	0	9,076	0
Cash used to net share settle equity awards	(234)	(378)	(54)
Purchase and retirement of Common Stock	0	(857)	(2,142)
Cohen & Company Inc. dividends	(2,558)	(671)	(27)
Net cash provided by (used in) financing activities	(11,504)	13,161	3,789
Net increase (decrease) in cash and cash equivalents	(21,466)	8,571	33,692
Cash and cash equivalents, beginning of period	50,567	41,996	8,304
Cash and cash equivalents, end of period	29,101	50,567	41,996
Parent Company [Member]
Net Income (loss)	(13,389)	11,808	14,205
Equity in undistributed earnings / (loss) from Cohen & Company, LLC	4,953	(13,908)	(8,567)
Distributions from / (contributions to) Cohen & Company, LLC	5,433	(2,662)	9,388
Amortization of discount on debt	563	526	434
(Increase) decrease in other assets	(166)	0	21
Increase (decrease) in accounts payable and other liabilities	199	(74)	(34)
Increase / (decrease) in deferred income taxes	5,041	(736)	(8,877)
Net cash provided by (used in) operating activities	2,634	(5,046)	6,570
Repurchase and repayment of debt	0	0	0
Proceeds from issuance of Common Stock	0	9,076	0
Cash used to net share settle equity awards	(76)	(102)	(15)
Principal payments on debt	0	(2,400)	(4,386)
Purchase and retirement of Common Stock	0	(857)	(2,142)
Cohen & Company Inc. dividends	(2,558)	(671)	(27)
Net cash provided by (used in) financing activities	(2,634)	5,046	(6,570)
Net increase (decrease) in cash and cash equivalents	0	0	0
Cash and cash equivalents, beginning of period	0	0	0
Cash and cash equivalents, end of period	$ 0	$ 0	$ 0