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Note 22 - Guarantees	12 Months Ended
Note 22 - Guarantees	Dec. 31, 2019
Notes to Financial Statements
Guarantees [Text Block]	22. Guarantees JMP Securities has agreed to indemnify its clearing broker for losses that the clearing broker may sustain from the accounts of customers introduced by JMP Securities. Should a customer not fulfill its obligation on a transaction, JMP Securities may be required to buy or sell securities at prevailing market prices in the future on behalf of its customer. JMP Securities ’ obligation under the indemnification has no maximum amount. All unsettled trades at December 31, 2019 and 2018 have subsequently settled with no resulting material liability to the Company. For the years ended December 31, 2019 and 2018 , the Company had no material loss due to counterparty failure, and has no obligations outstanding under the indemnification arrangement as of December 31, 2019 and 2018 . The Company is engaged in various investment banking and brokerage activities whose counterparties primarily include broker-dealers, banks and other financial institutions. In the event counterparties do not fulfill their obligations, the Company may be exposed to risk. The risk of default depends on the creditworthiness of the counterparty or issuer of the instrument. It is the Company ’s policy to review, as necessary, the credit standing of each counterparty with which it conducts business.