Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Revenues
Net trading		$ 9,848	$ 8,210
Principal transactions and other income (loss)		(18,389)	(2,311)
Total revenues		18,564	8,824
Operating expenses
Compensation and benefits		14,839	10,537
Business development, occupancy, equipment		1,441	1,301
Subscriptions, clearing, and execution		2,086	2,125
Professional fee and other operating		3,449	2,200
Depreciation and amortization		124	144
Total operating expenses		21,939	16,307
Operating (loss)		(3,375)	(7,483)
Non-operating income (expense)
Interest expense, net		(1,666)	(1,592)
Income (loss) from equity method affiliates		29,045	(395)
Income (loss) before income tax expense (benefit)		24,004	(9,470)
Income tax expense		498	584
Net income (loss)		23,506	(10,054)
Less: Net income attributable to the non-convertible non-controlling interest of the Operating LLC	[1]	(5,213)	7,514
Enterprise net income (loss)		23,506	(10,054)
Net income (loss) attributable to Cohen & Company Inc.		$ 2,023	$ (2,637)
Income (loss) per common share-basic:
Basic income (loss) per common share (in dollars per share)		$ 1.28	$ (1.77)
Weighted average shares outstanding-basic (in shares)		1,581,390	1,489,515
Income (loss) per common share-diluted:
Diluted income (loss) per common share (in dollars per share)		$ 1.28	$ (1.77)
Weighted average shares outstanding-diluted (in shares)	[2]	5,645,086	5,487,483
Comprehensive income (loss)
Enterprise net income (loss)		$ 23,506	$ (10,054)
Other comprehensive (loss) item:
Foreign currency translation adjustments, net of tax of $0		(51)	45
Other comprehensive (loss), net of tax of $0		(51)	45
Comprehensive income (loss)		23,455	(10,009)
Less: comprehensive income (loss) attributable to the non-controlling interest		21,447	(7,382)
Comprehensive (loss) attributable to Cohen & Company Inc.		2,008	(2,627)
Non-controlling Interest of Operating LLC [Member]
Non-operating income (expense)
Less: Net income attributable to the non-convertible non-controlling interest of the Operating LLC		16,270	97
Cohen Co Including Noncontrolling Interest [Member]
Non-operating income (expense)
Net income (loss)		7,236	(10,151)
Enterprise net income (loss)		7,236	(10,151)
Comprehensive income (loss)
Enterprise net income (loss)		7,236	(10,151)
Non-controlling Interest of Cohen & Co. [Member]
Non-operating income (expense)
Less: Net income attributable to the non-convertible non-controlling interest of the Operating LLC		5,213	(7,514)
Asset Management [Member]
Revenues
Revenues, total		2,717	2,025
New Issue and Advisory [Member]
Revenues
Revenues, total		$ 24,388	$ 900

[1] The LLC Units 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 LLC Units 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 LLC Units are not included in the computation of basic earnings per share. These LLC 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] Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows