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Note 8 - Fair Value Disclosures - Fair Value Measurements on a Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investments-trading $ 165,903 $ 181,328
Total other investments, at fair value 59,533 72,217
Trading securities sold, not yet purchased 57,115 65,751
Other investments, sold not yet purchased 20,217 24,742
US Government Agencies Debt Securities [Member]    
Trading securities sold, not yet purchased 114 0
Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]    
Trading securities sold, not yet purchased 1 0
US Treasury Securities [Member]    
Trading securities sold, not yet purchased 33,481 34,284
Residential Mortgage [Member]    
Total other investments, at fair value 131 132
Fair Value, Recurring [Member]    
Investments-trading 165,903 181,328
Total other investments, at fair value 59,533 72,217
Trading securities sold, not yet purchased 57,115 65,751
Other investments, sold not yet purchased 20,217 24,742
Fair Value, Recurring [Member] | Residential Mortgage Loans [Member]    
Investments-trading 1,554 3,113
Fair Value, Recurring [Member] | Residential Mortgage-Backed Securities [Member]    
Investments-trading 8 9
Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member]    
Investments-trading 8,615 6,567
Trading securities sold, not yet purchased 114 0
Fair Value, Recurring [Member] | Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]    
Investments-trading 86,264 88,000
Trading securities sold, not yet purchased 1 0
Fair Value, Recurring [Member] | US Treasury Securities [Member]    
Investments-trading 1,270 1,012
Trading securities sold, not yet purchased 33,481 34,284
Fair Value, Recurring [Member] | Residential Mortgage [Member]    
Total other investments, at fair value 131 132
Fair Value, Recurring [Member] | Total Investments not Measured at NAV [Member]    
Total other investments, at fair value 51,060 64,327
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments-trading 429 1,651
Trading securities sold, not yet purchased 33,624 34,677
Other investments, sold not yet purchased 113 97
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Residential Mortgage Loans [Member]    
Investments-trading 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Residential Mortgage-Backed Securities [Member]    
Investments-trading 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US Government Agencies Debt Securities [Member]    
Investments-trading 0 0
Trading securities sold, not yet purchased 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]    
Investments-trading 0 0
Trading securities sold, not yet purchased 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US Treasury Securities [Member]    
Investments-trading 0 1,012
Trading securities sold, not yet purchased 33,481 34,284
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Residential Mortgage [Member]    
Total other investments, at fair value 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Total Investments not Measured at NAV [Member]    
Total other investments, at fair value 33,592 38,038
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments-trading 165,474 179,677
Trading securities sold, not yet purchased 23,491 31,074
Other investments, sold not yet purchased 20,104 24,645
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Residential Mortgage Loans [Member]    
Investments-trading 1,554 3,113
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Residential Mortgage-Backed Securities [Member]    
Investments-trading 8 9
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]    
Investments-trading 8,615 6,567
Trading securities sold, not yet purchased 114 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]    
Investments-trading 86,264 88,000
Trading securities sold, not yet purchased 1 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US Treasury Securities [Member]    
Investments-trading 1,270 0
Trading securities sold, not yet purchased 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Residential Mortgage [Member]    
Total other investments, at fair value 131 132
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Total Investments not Measured at NAV [Member]    
Total other investments, at fair value 17,468 26,289
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments-trading 0 0
Trading 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] | Residential Mortgage Loans [Member]    
Investments-trading 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Residential Mortgage-Backed Securities [Member]    
Investments-trading 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US Government Agencies Debt Securities [Member]    
Investments-trading 0 0
Trading securities sold, not yet purchased 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]    
Investments-trading 0 0
Trading securities sold, not yet purchased 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US Treasury Securities [Member]    
Investments-trading 0 0
Trading securities sold, not yet purchased 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Residential Mortgage [Member]    
Total other investments, at fair value 0 0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Total Investments not Measured at NAV [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 8,473 [1] 7,890 [2]
Corporate Bonds and Redeemable Preferred Stock [Member]    
Investments-trading 44,611 53,657
Trading securities sold, not yet purchased 20,994 24,355
Corporate Bonds and Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member]    
Investments-trading 44,611 53,657
Total other investments, at fair value 522 506
Trading securities sold, not yet purchased 20,994 24,355
Corporate Bonds and Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments-trading 0 0
Total other investments, at fair value 0 0
Trading securities sold, not yet purchased 0 0
Corporate Bonds and Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments-trading 44,611 53,657
Total other investments, at fair value 522 506
Trading securities sold, not yet purchased 20,994 24,355
Corporate Bonds and Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments-trading 0 0
Total other investments, at fair value 0 0
Trading securities sold, not yet purchased 0 0
Derivative [Member]    
Investments-trading 2,768 7,470
Trading securities sold, not yet purchased 2,382 6,719
Derivative [Member] | Fair Value, Recurring [Member]    
Investments-trading 2,768 7,470
Trading securities sold, not yet purchased 2,382 6,719
Derivative [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments-trading 0 0
Trading securities sold, not yet purchased 0 0
Derivative [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments-trading 2,768 7,470
Trading securities sold, not yet purchased 2,382 6,719
Derivative [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments-trading 0 0
Trading securities sold, not yet purchased 0 0
Equity Securities [Member]    
Investments-trading 644 928
Total other investments, at fair value 27,773 38,038
Trading securities sold, not yet purchased 143 393
Other investments, sold not yet purchased 3,371 97
Equity Securities [Member] | Fair Value, Recurring [Member]    
Investments-trading 644 928
Total other investments, at fair value 27,773 38,038
Trading securities sold, not yet purchased 143 393
Other investments, sold not yet purchased 3,371 97
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments-trading 429 639
Total other investments, at fair value 27,773 38,038
Trading securities sold, not yet purchased 143 393
Other investments, sold not yet purchased 113 97
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments-trading 215 289
Total other investments, at fair value 0 0
Trading securities sold, not yet purchased 0 0
Other investments, sold not yet purchased 3,258 0
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments-trading 0 0
Total other investments, at fair value 0 0
Trading securities sold, not yet purchased 0 0
Other investments, sold not yet purchased 0 0
Municipal Bonds [Member]    
Investments-trading 20,169 20,572
Municipal Bonds [Member] | Fair Value, Recurring [Member]    
Investments-trading 20,169 20,572
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments-trading 0 0
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments-trading 20,169 20,572
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments-trading 0 0
Equity Derivatives [Member]    
Total other investments, at fair value 956 1,447
Equity Derivatives [Member] | Fair Value, Recurring [Member]    
Total other investments, at fair value 956 1,447
Equity Derivatives [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Total other investments, at fair value 0 0
Equity Derivatives [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Total other investments, at fair value 956 1,447
Equity Derivatives [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Total other investments, at fair value 0 0
Restricted Equity Securities [Member] | Fair Value, Recurring [Member]    
Total other investments, at fair value 7,743 2,054
Restricted Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Total other investments, at fair value 5,819 0
Restricted Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Total other investments, at fair value 1,924 2,054
Restricted Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Total other investments, at fair value 0 0
Fair Value Receivables [Member]    
Total other investments, at fair value 9,824 9,541
Fair Value Receivables [Member] | Fair Value, Recurring [Member]    
Total other investments, at fair value 9,824 9,541
Fair Value Receivables [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Total other investments, at fair value 0 0
Fair Value Receivables [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Total other investments, at fair value 9,824 9,541
Fair Value Receivables [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Total other investments, at fair value 0 0
Interest In SPVs [Member]    
Total other investments, at fair value 4,111 12,609
Interest In SPVs [Member] | Fair Value, Recurring [Member]    
Total other investments, at fair value 4,111 12,609
Interest In SPVs [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Total other investments, at fair value 0 0
Interest In SPVs [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Total other investments, at fair value 4,111 12,609
Interest In SPVs [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Total other investments, at fair value 0 0
Share Forward Liabilities [Member]    
Other investments, sold not yet purchased 16,846 24,645
Share Forward Liabilities [Member] | Fair Value, Recurring [Member]    
Other investments, sold not yet purchased 16,846 24,645
Share Forward Liabilities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Other investments, sold not yet purchased 0 0
Share Forward Liabilities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Other investments, sold not yet purchased 16,846 24,645
Share Forward Liabilities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Other investments, sold not yet purchased $ 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 and the CREO JV. The U.S. Insurance JV invests in U.S. Dollar ("USD") denominated debt issued by small insurance and reinsurance companies. The CREO JV invests in primarily multi-family commercial real estate mortgage-backed loans. According to ASC 820, these investments are not categorized within the valuation hierarchy.
[2] 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 and the CREO JV. The U.S. Insurance JV invests in USD denominated debt issued by small insurance and reinsurance companies. The CREO JV invests in primarily multi-family commercial real estate mortgage-backed loans. According to ASC 820, these investments are not categorized within the valuation hierarchy.