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Note 29 - Segment and Geographic Information - Statements of Operations Information (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Net trading                 $ 73,611 $ 38,172 $ 29,298
Principal transactions and other income                 45,506 2,103 4,573
Revenues, Total $ 66,365 $ 21,856 $ 24,119 $ 17,770 $ 16,090 $ 11,267 $ 11,169 $ 11,140 130,110 49,666 49,386
Compensation and benefits 23,479 10,965 11,324 14,134 6,159 7,017 6,432 6,364 59,902 25,972 25,385
Other operating expense                 19,997 19,653 20,342
Goodwill, Impairment Loss 7,883 7,883
Total operating expenses 28,590 15,784 16,193 27,215 12,056 11,710 10,651 11,208 87,782 45,625 45,727
Operating income / (loss) 37,775 6,072 7,926 (9,445) 4,034 (443) 518 (68) 42,328 4,041 3,659
Interest expense (income), net                 (9,589) (7,584) (8,487)
Earnings / (loss) realized (244) (1,371) (1,233) (107) (188) (109) (248) (8) (2,955) (553)
Income / (loss) before income taxes 35,580 2,749 3,612 (12,157) 1,591 (2,088) (1,669) (1,930) 29,784 (4,096) (4,828)
Income tax expense / (benefit) (8,046) (594) 343 (372) 394 (170) (641) (106) (8,669) (523) (841)
Net income / (loss) 43,626 3,343 3,269 (11,785) 1,197 (1,918) (1,028) (1,824) 38,453 (3,573) (3,987)
Less: Net income / (loss) attributable to the non-controlling interest                 24,248 (1,519) (1,524)
Net income / (loss) attributable to Cohen & Company Inc. 14,751 1,655 901 (3,102) 774 (1,216) (410) (1,202) 14,205 (2,054) (2,463)
Depreciation, Depletion and Amortization, Nonproduction, Total 85 85 84 80 79 80 78 81 334 318 261
Compensation and benefits 23,479 10,965 11,324 14,134 6,159 7,017 6,432 6,364 59,902 25,972 25,385
Other Operating Expense                 19,997 19,653 20,342
Impairment of goodwill $ 7,883 7,883
Asset Management [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total                 8,759 7,560 12,536
New Issue and Advisory [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total                 2,234 1,831 2,979
Operating Segments [Member]                      
Net trading                 73,611 38,172 29,298
Principal transactions and other income                 45,506 2,103 4,573
Revenues, Total                 130,110 49,666 49,386
Compensation and benefits                 53,101 23,380 22,431
Other operating expense                 14,756 15,112 16,601
Goodwill, Impairment Loss                 7,883
Total operating expenses                 75,740 38,492 39,032
Operating income / (loss)                 54,370 11,174 10,354
Interest expense (income), net                 (997) (175) (236)
Earnings / (loss) realized                 (2,955) (553)
Income / (loss) before income taxes                 50,418 10,446 10,118
Income tax expense / (benefit)                
Net income / (loss)                 50,418 10,446 10,118
Less: Net income / (loss) attributable to the non-controlling interest                 10,048 (288)
Net income / (loss) attributable to Cohen & Company Inc.                 40,370 10,734 10,118
Depreciation, Depletion and Amortization, Nonproduction, Total                 21 21 52
Compensation and benefits                 53,101 23,380 22,431
Other Operating Expense                 14,756 15,112 16,601
Impairment of goodwill                 7,883
Operating Segments [Member] | Asset Management [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total                 8,759 7,560 12,536
Operating Segments [Member] | New Issue and Advisory [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total                 2,234 1,831 2,979
Operating Segments [Member] | Capital Markets [Member]                      
Net trading                 73,611 38,172 29,298
Principal transactions and other income                 3 1 39
Revenues, Total                 75,848 40,004 32,316
Compensation and benefits                 36,092 18,575 17,539
Other operating expense                 12,546 12,257 12,410
Goodwill, Impairment Loss                 7,883
Total operating expenses                 56,521 30,832 29,949
Operating income / (loss)                 19,327 9,172 2,367
Interest expense (income), net                 (997) (175) (236)
Earnings / (loss) realized                
Income / (loss) before income taxes                 18,330 8,997 2,131
Income tax expense / (benefit)                
Net income / (loss)                 18,330 8,997 2,131
Less: Net income / (loss) attributable to the non-controlling interest                
Net income / (loss) attributable to Cohen & Company Inc.                 18,330 8,997 2,131
Depreciation, Depletion and Amortization, Nonproduction, Total                 18 18 48
Compensation and benefits                 36,092 18,575 17,539
Other Operating Expense                 12,546 12,257 12,410
Impairment of goodwill                 7,883
Operating Segments [Member] | Capital Markets [Member] | Asset Management [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total                
Operating Segments [Member] | Capital Markets [Member] | New Issue and Advisory [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total                 2,234 1,831 2,979
Operating Segments [Member] | Asset Management Segment [Member]                      
Net trading                
Principal transactions and other income                 639 530 678
Revenues, Total                 9,398 8,090 13,214
Compensation and benefits                 5,309 4,805 4,571
Other operating expense                 2,042 2,456 3,800
Goodwill, Impairment Loss                
Total operating expenses                 7,351 7,261 8,371
Operating income / (loss)                 2,047 829 4,843
Interest expense (income), net                
Earnings / (loss) realized                 639
Income / (loss) before income taxes                 2,686 829 4,843
Income tax expense / (benefit)                
Net income / (loss)                 2,686 829 4,843
Less: Net income / (loss) attributable to the non-controlling interest                 1,408
Net income / (loss) attributable to Cohen & Company Inc.                 1,278 829 4,843
Depreciation, Depletion and Amortization, Nonproduction, Total                 3 3 4
Compensation and benefits                 5,309 4,805 4,571
Other Operating Expense                 2,042 2,456 3,800
Impairment of goodwill                
Operating Segments [Member] | Asset Management Segment [Member] | Asset Management [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total                 8,759 7,560 12,536
Operating Segments [Member] | Asset Management Segment [Member] | New Issue and Advisory [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total                
Operating Segments [Member] | Principal Investing [Member]                      
Net trading                
Principal transactions and other income                 44,864 1,572 3,856
Revenues, Total                 44,864 1,572 3,856
Compensation and benefits                 11,700 321
Other operating expense                 168 399 391
Goodwill, Impairment Loss                
Total operating expenses                 11,868 399 712
Operating income / (loss)                 32,996 1,173 3,144
Interest expense (income), net                
Earnings / (loss) realized                 (3,594) (553)
Income / (loss) before income taxes                 29,402 620 3,144
Income tax expense / (benefit)                
Net income / (loss)                 29,402 620 3,144
Less: Net income / (loss) attributable to the non-controlling interest                 8,640 (288)
Net income / (loss) attributable to Cohen & Company Inc.                 20,762 908 3,144
Depreciation, Depletion and Amortization, Nonproduction, Total                
Compensation and benefits                 11,700 321
Other Operating Expense                 168 399 391
Impairment of goodwill                
Operating Segments [Member] | Principal Investing [Member] | Asset Management [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total                
Operating Segments [Member] | Principal Investing [Member] | New Issue and Advisory [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total                
Segment Reconciling Items [Member]                      
Net trading [1]                
Principal transactions and other income [1]                
Revenues, Total [1]                
Compensation and benefits [1]                 6,801 2,592 2,954
Other operating expense [1]                 5,241 4,541 3,741
Goodwill, Impairment Loss [1]                
Total operating expenses [1]                 12,042 7,133 6,695
Operating income / (loss) [1]                 (12,042) (7,133) (6,695)
Interest expense (income), net [1]                 (8,592) (7,409) (8,251)
Earnings / (loss) realized [1]                
Income / (loss) before income taxes [1]                 (20,634) (14,542) (14,946)
Income tax expense / (benefit) [1]                 (8,669) (523) (841)
Net income / (loss) [1]                 (11,965) (14,019) (14,105)
Less: Net income / (loss) attributable to the non-controlling interest [1]                 14,200 (1,231) (1,524)
Net income / (loss) attributable to Cohen & Company Inc. [1]                 (26,165) (12,788) (12,581)
Depreciation, Depletion and Amortization, Nonproduction, Total [1]                 313 297 209
Compensation and benefits [1]                 6,801 2,592 2,954
Other Operating Expense [1]                 5,241 4,541 3,741
Impairment of goodwill [1]                
Segment Reconciling Items [Member] | Asset Management [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total [1]                
Segment Reconciling Items [Member] | New Issue and Advisory [Member]                      
Revenue from Contract with Customer, Excluding Assessed Tax, Total [1]                
[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.