$COHN
Cohen & Co Inc. Stock $cohn

$cohn Overview Financials Valuation SEC Filings Company Website

2018 Q4 Form 10-K Financial Statement

#000127043619000004 Filed on March 08, 2019

Income Statement

Concept	2018 Q4	2018 Q3	2018 Q2
Revenue	$15.62M	$12.24M	$12.19M
YoY Change	33.8%	22.36%	7.17%
Cost Of Revenue	$3.855M	$1.483M	$1.400M
YoY Change	126.76%	-12.76%	-17.65%
Gross Profit	$11.77M	$10.75M	$10.80M
YoY Change	17.66%	29.57%	11.34%
Gross Profit Margin	75.32%	87.88%	88.6%
Selling, General & Admin	$9.393M	$10.34M	$9.400M
YoY Change	18.9%	41.58%	18.99%
% of Gross Profit	79.83%	96.1%	87.04%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$85.00K	$76.00K	$0.00
YoY Change		-24.0%
% of Gross Profit	0.72%	0.71%	0.0%
Operating Expenses	$9.478M	$10.40M	$9.400M
YoY Change	19.97%	42.44%	18.99%
Operating Profit	$2.288M	$356.0K	$1.375M
YoY Change	9.0%	-64.0%	-20.34%
Interest Expense	$2.282M	$2.185M	$2.201M
YoY Change	23.48%	36.05%	97.93%
% of Operating Profit	99.74%	613.76%	160.07%
Other Income/Expense, Net
YoY Change
Pretax Income	$6.000K	-$1.829M	-$826.0K
YoY Change	-97.61%	196.43%	-234.53%
Income Tax	$418.0K	-$595.0K	-$636.0K
% Of Pretax Income	6966.67%
Net Earnings	-$418.0K	-$651.0K	$80.00K
YoY Change	-127.63%	19.01%	-81.22%
Net Earnings / Revenue	-2.68%	-5.32%	0.66%
Basic Earnings Per Share	-$0.37	-$0.57	$0.07
Diluted Earnings Per Share	-$0.37	-$0.57	$0.07
COMMON SHARES
Basic Shares Outstanding	1.118M	1.145M	1.173M
Diluted Shares Outstanding	1.650M	1.678M	1.720M

Balance Sheet

Concept	2018 Q4	2018 Q3	2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$14.11M	$5.166M	$17.00M
YoY Change	-38.67%	-76.52%	54.55%
Cash & Equivalents	$14.11M	$5.166M	$16.62M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$130.6M	$85.82M	$96.00M
Other Receivables	$12.07M	$4.538M	$4.000M
Total Short-Term Assets	$156.8M	$95.52M	$117.0M
YoY Change	19.68%	-28.71%	-15.83%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.133M	$0.00
YoY Change	189.03%
Goodwill	$7.992M	$7.992M
YoY Change	0.0%	0.0%
Intangibles	$166.0K	$166.0K
YoY Change	0.0%	0.0%
Long-Term Investments	$0.00	$249.5M	$212.0M
YoY Change	-100.0%	126.84%	50.35%
Other Assets
YoY Change
Total Long-Term Assets	$7.959B	$4.725B	$2.638B
YoY Change	317.73%	749.78%	371.07%
TOTAL ASSETS
Total Short-Term Assets	$156.8M	$95.52M	$117.0M
Total Long-Term Assets	$7.959B	$4.725B	$2.638B
Total Assets	$8.116B	$4.820B	$2.755B
YoY Change	298.56%	598.59%	294.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$213.1M	$123.2M	$99.00M
YoY Change	56.65%	132.49%	62.3%
Accrued Expenses	$5.254M	$4.311M	$3.000M
YoY Change	31.35%	7.78%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$7.672B	$4.507B	$2.456B
YoY Change	353.41%	905.94%	483.37%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$7.890B	$4.634B	$2.558B
YoY Change	330.68%	817.66%	427.42%
LONG-TERM LIABILITIES
Long-Term Debt	$60.98M	$60.10M	$61.00M
YoY Change	-0.03%	36.6%	38.64%
Other Long-Term Liabilities	$120.1M	$81.22M	$89.00M
YoY Change	30.57%	-9.76%	-24.58%
Total Long-Term Liabilities	$181.1M	$141.3M	$150.0M
YoY Change	18.37%	5.47%	-7.41%
TOTAL LIABILITIES
Total Short-Term Liabilities	$7.890B	$4.634B	$2.558B
Total Long-Term Liabilities	$181.1M	$141.3M	$150.0M
Total Liabilities	$8.073B	$4.777B	$2.717B
YoY Change	306.08%	633.8%	312.29%
SHAREHOLDERS EQUITY
Retained Earnings	-$31.93M	-$31.28M
YoY Change	12.03%
Common Stock	$12.00K	$12.00K
YoY Change	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$35.77M	$36.57M	$38.00M
YoY Change
Total Liabilities & Shareholders Equity	$8.116B	$4.820B	$2.755B
YoY Change	298.56%	598.59%	294.13%

Cashflow Statement

Concept	2018 Q4	2018 Q3	2018 Q2
OPERATING ACTIVITIES
Net Income	-$418.0K	-$651.0K	$80.00K
YoY Change	-127.63%	19.01%	-81.22%
Depreciation, Depletion And Amortization	$85.00K	$76.00K	$0.00
YoY Change		-24.0%
Cash From Operating Activities	-$6.400M	-$12.90M	$7.600M
YoY Change	-176.19%	-959.93%	-500.0%
INVESTING ACTIVITIES
Capital Expenditures	-$423.0K	-$279.0K	-$300.0K
YoY Change			200.0%
Acquisitions
YoY Change
Other Investing Activities	$15.87M	$3.890M	-$900.0K
YoY Change	-333.35%	1845.0%	-140.91%
Cash From Investing Activities	$15.45M	$3.611M	-$1.200M
YoY Change	-323.84%	1705.5%	-154.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.000K	-2.123M	-1.400M
YoY Change	-100.12%	-122.11%	55.56%
NET CHANGE
Cash From Operating Activities	-6.400M	-12.90M	7.600M
Cash From Investing Activities	15.45M	3.611M	-1.200M
Cash From Financing Activities	1.000K	-2.123M	-1.400M
Net Change In Cash	9.046M	-11.41M	5.000M
YoY Change	1192.29%	-200.98%	-933.33%
FREE CASH FLOW
Cash From Operating Activities	-$6.400M	-$12.90M	$7.600M
Capital Expenditures	-$423.0K	-$279.0K	-$300.0K
Free Cash Flow	-$5.977M	-$12.62M	$7.900M
YoY Change	-171.15%	-941.33%	-538.89%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2017Q4	cohn	Business Development Occupancy Equipment BusinessDevelopmentOccupancyEquipment	702000
CY2018Q1	cohn	Business Development Occupancy Equipment BusinessDevelopmentOccupancyEquipment	867000
CY2018Q2	cohn	Business Development Occupancy Equipment BusinessDevelopmentOccupancyEquipment	644000
CY2018Q3	cohn	Business Development Occupancy Equipment BusinessDevelopmentOccupancyEquipment	725000
CY2018Q4	cohn	Business Development Occupancy Equipment BusinessDevelopmentOccupancyEquipment	759000
CY2017Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	299000
CY2018Q4	cohn	Subscriptions Clearing And Execution SubscriptionsClearingAndExecution	2209000
CY2017Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	4759000
CY2017Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	5549000
CY2017Q4	us-gaap	Labor And Related Expense LaborAndRelatedExpense	5034000
CY2016	cohn	Accretion Of Income Loss On Other Investments AccretionOfIncomeLossOnOtherInvestments	1213000
CY2017	cohn	Accretion Of Income Loss On Other Investments AccretionOfIncomeLossOnOtherInvestments	1123000
CY2018	cohn	Accretion Of Income Loss On Other Investments AccretionOfIncomeLossOnOtherInvestments	1423000
CY2016	cohn	Acquisition Surrender Of Additional Units Of Consolidated Subsidiary Net AcquisitionSurrenderOfAdditionalUnitsOfConsolidatedSubsidiaryNet	626000
CY2017	cohn	Acquisition Surrender Of Additional Units Of Consolidated Subsidiary Net AcquisitionSurrenderOfAdditionalUnitsOfConsolidatedSubsidiaryNet	81000
CY2018	cohn	Acquisition Surrender Of Additional Units Of Consolidated Subsidiary Net AcquisitionSurrenderOfAdditionalUnitsOfConsolidatedSubsidiaryNet	217000
CY2017	cohn	Earnings Per Share Adjustment EarningsPerShareAdjustment	550000
CY2016	cohn	Business Development Occupancy Equipment BusinessDevelopmentOccupancyEquipment	2595000
CY2017Q1	cohn	Business Development Occupancy Equipment BusinessDevelopmentOccupancyEquipment	586000
CY2017	cohn	Business Development Occupancy Equipment BusinessDevelopmentOccupancyEquipment	2723000
CY2017Q2	cohn	Business Development Occupancy Equipment BusinessDevelopmentOccupancyEquipment	697000
CY2017Q3	cohn	Business Development Occupancy Equipment BusinessDevelopmentOccupancyEquipment	738000
CY2018	cohn	Business Development Occupancy Equipment BusinessDevelopmentOccupancyEquipment	2995000
CY2017Q3	cohn	Cash Payment In Lieu Of Shares CashPaymentInLieuOfShares	4000
CY2016	cohn	Changes From Net Income Attributable To Parent And Transfers To From Non Controlling Interest ChangesFromNetIncomeAttributableToParentAndTransfersToFromNonControllingInterest	1641000
CY2017	cohn	Changes From Net Income Attributable To Parent And Transfers To From Non Controlling Interest ChangesFromNetIncomeAttributableToParentAndTransfersToFromNonControllingInterest	1983000
CY2018	cohn	Changes From Net Income Attributable To Parent And Transfers To From Non Controlling Interest ChangesFromNetIncomeAttributableToParentAndTransfersToFromNonControllingInterest	-2680000
CY2017Q3	cohn	Common Stock Pre Split Par Value Per Share CommonStockPreSplitParValuePerShare	0.001
CY2017Q4	cohn	Common Stock Unvested Restricted Share Awards CommonStockUnvestedRestrictedShareAwards	76932
CY2018Q4	cohn	Common Stock Unvested Restricted Share Awards CommonStockUnvestedRestrictedShareAwards	93479
CY2017Q4	cohn	Deferred Tax Assets Liabilities Gross DeferredTaxAssetsLiabilitiesGross	87360000
CY2018Q4	cohn	Deferred Tax Assets Liabilities Gross DeferredTaxAssetsLiabilitiesGross	87299000
CY2017Q4	cohn	Deferred Tax Liabilities Unrealized Gain On Debt DeferredTaxLiabilitiesUnrealizedGainOnDebt	7615000
CY2018Q4	cohn	Deferred Tax Liabilities Unrealized Gain On Debt DeferredTaxLiabilitiesUnrealizedGainOnDebt	7335000
CY2016	cohn	Dividends And Distributions DividendsAndDistributions	1379000
CY2017	cohn	Dividends And Distributions DividendsAndDistributions	1410000
CY2018	cohn	Dividends And Distributions DividendsAndDistributions	1392000
CY2016	cohn	Earnings Per Share Adjustment EarningsPerShareAdjustment	-167000
CY2018	cohn	Earnings Per Share Adjustment EarningsPerShareAdjustment	390000
CY2017	cohn	Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017Amount	38867000
CY2017	cohn	Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Change On Valuation EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017ChangeOnValuation	-40139000
CY2017	cohn	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Accretion FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretion	1123000
CY2018	cohn	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Accretion FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretion	1365000
CY2017	cohn	Fair Value Transfers From Level2 To3 Amount FairValueTransfersFromLevel2To3Amount	0
CY2018	cohn	Fair Value Transfers From Level2 To3 Amount FairValueTransfersFromLevel2To3Amount	0
CY2017Q4	cohn	Financial Instruments Subject To Mandatory Redemption Settlement Terms Accrued Interest FinancialInstrumentsSubjectToMandatoryRedemptionSettlementTermsAccruedInterest	398000
CY2018Q4	cohn	Financial Instruments Subject To Mandatory Redemption Settlement Terms Accrued Interest FinancialInstrumentsSubjectToMandatoryRedemptionSettlementTermsAccruedInterest	714000
CY2017Q3	cohn	Fractional Shares Issued FractionalSharesIssued	0
CY2016	cohn	Income Tax Expense Benefit Impact IncomeTaxExpenseBenefitImpact	-411000
CY2017	cohn	Income Tax Expense Benefit Impact IncomeTaxExpenseBenefitImpact	-131000
CY2018	cohn	Income Tax Expense Benefit Impact IncomeTaxExpenseBenefitImpact	394000
CY2016	cohn	Interest On Margin Payable InterestOnMarginPayable	625000
CY2017	cohn	Interest On Margin Payable InterestOnMarginPayable	677000
CY2018	cohn	Interest On Margin Payable InterestOnMarginPayable	2031000
CY2017Q4	cohn	Interest Payable Securities Sold Not Yet Purchased InterestPayableSecuritiesSoldNotYetPurchased	604000
CY2018Q4	cohn	Interest Payable Securities Sold Not Yet Purchased InterestPayableSecuritiesSoldNotYetPurchased	1184000
CY2018	cohn	Intraday Lending Facility Annual Interest Rate IntradayLendingFacilityAnnualInterestRate	0.0012
CY2018Q4	cohn	Intraday Lending Facility Commitment Amount IntradayLendingFacilityCommitmentAmount	100000000
CY2018Q4	cohn	Intraday Lending Facility Line Of Credit IntradayLendingFacilityLineOfCredit	0
CY2018	cohn	Intraday Lending Facility Renewal Period IntradayLendingFacilityRenewalPeriod	P364D
CY2018	cohn	Intraday Lending Facility Termination Date IntradayLendingFacilityTerminationDate	2019-10-19
CY2017Q4	cohn	Management Fee Receivable ManagementFeeReceivable	908000
CY2018Q4	cohn	Management Fee Receivable ManagementFeeReceivable	947000
CY2018Q4	cohn	New Issue And Advisory Fees Receivable NewIssueAndAdvisoryFeesReceivable	2100000
CY2018	cohn	Number Of Common Stock To Membership Units Ratio NumberOfCommonStockToMembershipUnitsRatio	1
CY2017	cohn	Number Of Counterparties Related To Reverse Repurchase Agreements NumberOfCounterpartiesRelatedToReverseRepurchaseAgreements	19
CY2018	cohn	Number Of Counterparties Related To Reverse Repurchase Agreements NumberOfCounterpartiesRelatedToReverseRepurchaseAgreements	36
CY2018	cohn	Number Of Shares Issuable Upon Conversion Of Each Unit NumberOfSharesIssuableUponConversionOfEachUnit	10
CY2018	cohn	Number Of Trading Days For Redemption Notice NumberOfTradingDaysForRedemptionNotice	P10D
CY2018	cohn	Number Of Trading Days Used To Determine Average Share Price NumberOfTradingDaysUsedToDetermineAverageSharePrice	P10D
CY2018Q4	cohn	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Current OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsCurrent	250000
CY2018Q4	cohn	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals In Three Years OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsInThreeYears	70000
CY2018Q4	cohn	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals In Two Years OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsInTwoYears	235000
CY2018Q4	cohn	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals Thereafter OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentalsThereafter
CY2018Q4	cohn	Operating Leases Future Minimum Payments Net Of Sub Lease Income OperatingLeasesFutureMinimumPaymentsNetOfSubLeaseIncome	10603000
CY2018Q4	cohn	Operating Leases Future Minimum Payments Net Of Sub Lease Income After Five Years OperatingLeasesFutureMinimumPaymentsNetOfSubLeaseIncomeAfterFiveYears	5077000
CY2018Q4	cohn	Operating Leases Future Minimum Payments Net Of Sub Lease Income Current OperatingLeasesFutureMinimumPaymentsNetOfSubLeaseIncomeCurrent	1311000
CY2018Q4	cohn	Operating Leases Future Minimum Payments Net Of Sub Lease Income In Five Years OperatingLeasesFutureMinimumPaymentsNetOfSubLeaseIncomeInFiveYears	950000
CY2018Q4	cohn	Operating Leases Future Minimum Payments Net Of Sub Lease Income In Four Years OperatingLeasesFutureMinimumPaymentsNetOfSubLeaseIncomeInFourYears	927000
CY2018Q4	cohn	Operating Leases Future Minimum Payments Net Of Sub Lease Income In Three Years OperatingLeasesFutureMinimumPaymentsNetOfSubLeaseIncomeInThreeYears	1031000
CY2018Q4	cohn	Operating Leases Future Minimum Payments Net Of Sub Lease Income In Two Years OperatingLeasesFutureMinimumPaymentsNetOfSubLeaseIncomeInTwoYears	1307000
CY2016	cohn	Other Comprehensive Income Acquisition Surrender Of Additional Units OtherComprehensiveIncomeAcquisitionSurrenderOfAdditionalUnits	-55000
CY2017	cohn	Other Comprehensive Income Acquisition Surrender Of Additional Units OtherComprehensiveIncomeAcquisitionSurrenderOfAdditionalUnits	-5000
CY2018	cohn	Other Comprehensive Income Acquisition Surrender Of Additional Units OtherComprehensiveIncomeAcquisitionSurrenderOfAdditionalUnits	-22000
CY2017Q4	cohn	Other Investment Cost OtherInvestmentCost	16576000
CY2018Q4	cohn	Other Investment Cost OtherInvestmentCost	15332000
CY2017Q4	cohn	Other Investments Fair Value Disclosure OtherInvestmentsFairValueDisclosure	12867000
CY2018Q4	cohn	Other Investments Fair Value Disclosure OtherInvestmentsFairValueDisclosure	13768000
CY2017Q4	cohn	Other Investments Measured Using Fair Value Hierarchy Fair Value Disclosure OtherInvestmentsMeasuredUsingFairValueHierarchyFairValueDisclosure	11724000
CY2018Q4	cohn	Other Investments Measured Using Fair Value Hierarchy Fair Value Disclosure OtherInvestmentsMeasuredUsingFairValueHierarchyFairValueDisclosure	9718000
CY2017Q4	cohn	Other Investments Unrealized Gain Loss OtherInvestmentsUnrealizedGainLoss	-3709000
CY2018Q4	cohn	Other Investments Unrealized Gain Loss OtherInvestmentsUnrealizedGainLoss	-1564000
CY2017Q4	cohn	Other Miscellaneous Receivables OtherMiscellaneousReceivables	701000
CY2018Q4	cohn	Other Miscellaneous Receivables OtherMiscellaneousReceivables	310000
CY2017Q4	cohn	Payables From Unsettled Regular Way Trades Net PayablesFromUnsettledRegularWayTradesNet	1997000
CY2018Q4	cohn	Payables From Unsettled Regular Way Trades Net PayablesFromUnsettledRegularWayTradesNet	5822000
CY2016	cohn	Principal Transactions And Other Income PrincipalTransactionsAndOtherIncome	4667000
CY2017	cohn	Principal Transactions And Other Income PrincipalTransactionsAndOtherIncome	6396000
CY2018	cohn	Principal Transactions And Other Income PrincipalTransactionsAndOtherIncome	4573000
CY2016	cohn	Proceeds From Payments For Redeemable Financial Instruments ProceedsFromPaymentsForRedeemableFinancialInstruments	6000000
CY2017	cohn	Proceeds From Payments For Redeemable Financial Instruments ProceedsFromPaymentsForRedeemableFinancialInstruments	11000000
CY2018	cohn	Proceeds From Payments For Redeemable Financial Instruments ProceedsFromPaymentsForRedeemableFinancialInstruments	500000
CY2016	cohn	Realized Loss Gain On Other Investments RealizedLossGainOnOtherInvestments	-1969000
CY2017	cohn	Realized Loss Gain On Other Investments RealizedLossGainOnOtherInvestments	-1111000
CY2018	cohn	Realized Loss Gain On Other Investments RealizedLossGainOnOtherInvestments	490000
CY2017Q4	cohn	Redeemable Financial Instrument RedeemableFinancialInstrument	16732000
CY2018Q4	cohn	Redeemable Financial Instrument RedeemableFinancialInstrument	17448000
CY2016	cohn	Rent And Utility Expense Sublease Income Offset RentAndUtilityExpenseSubleaseIncomeOffset	23000
CY2017	cohn	Rent And Utility Expense Sublease Income Offset RentAndUtilityExpenseSubleaseIncomeOffset	11000
CY2018	cohn	Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Options Expired Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedOptionsExpiredWeightedAverageGrantDateFairValue	7.00
CY2016	cohn	Subscriptions Clearing And Execution SubscriptionsClearingAndExecution	6425000
CY2017Q1	cohn	Subscriptions Clearing And Execution SubscriptionsClearingAndExecution	1713000
CY2017	cohn	Subscriptions Clearing And Execution SubscriptionsClearingAndExecution	7296000
CY2017Q2	cohn	Subscriptions Clearing And Execution SubscriptionsClearingAndExecution	1667000
CY2017Q3	cohn	Subscriptions Clearing And Execution SubscriptionsClearingAndExecution	1789000
CY2017Q4	cohn	Subscriptions Clearing And Execution SubscriptionsClearingAndExecution	2127000
CY2018Q1	cohn	Subscriptions Clearing And Execution SubscriptionsClearingAndExecution	1834000
CY2018	cohn	Subscriptions Clearing And Execution SubscriptionsClearingAndExecution	8627000
CY2018Q2	cohn	Subscriptions Clearing And Execution SubscriptionsClearingAndExecution	2151000
CY2018Q3	cohn	Subscriptions Clearing And Execution SubscriptionsClearingAndExecution	2433000
CY2017Q4	cohn	Tax Cuts And Jobs Act Of2017 Change In Tax Rate Income Tax Expense Benefit TaxCutsAndJobsActOf2017ChangeInTaxRateIncomeTaxExpenseBenefit	1359000
CY2017Q4	cohn	Tax Cuts And Jobs Act Of2017 Income Tax Expense Benefit TaxCutsAndJobsActOf2017IncomeTaxExpenseBenefit	-1359000
CY2018Q4	cohn	Trading Receivable Net TradingReceivableNet	6216000
CY2016	cohn	Trading Securities Interest Expense Securities Sold Under Agreement To Repurchase TradingSecuritiesInterestExpenseSecuritiesSoldUnderAgreementToRepurchase	4128000
CY2017	cohn	Trading Securities Interest Expense Securities Sold Under Agreement To Repurchase TradingSecuritiesInterestExpenseSecuritiesSoldUnderAgreementToRepurchase	10234000
CY2018	cohn	Trading Securities Interest Expense Securities Sold Under Agreement To Repurchase TradingSecuritiesInterestExpenseSecuritiesSoldUnderAgreementToRepurchase	63707000
CY2016	cohn	Trading Securities Interest Income TradingSecuritiesInterestIncome	2626000
CY2017	cohn	Trading Securities Interest Income TradingSecuritiesInterestIncome	2071000
CY2018	cohn	Trading Securities Interest Income TradingSecuritiesInterestIncome	5040000
CY2016	cohn	Trading Securities Interest Income Receivables Under Resale Agreements TradingSecuritiesInterestIncomeReceivablesUnderResaleAgreements	6897000
CY2017	cohn	Trading Securities Interest Income Receivables Under Resale Agreements TradingSecuritiesInterestIncomeReceivablesUnderResaleAgreements	13874000
CY2018	cohn	Trading Securities Interest Income Receivables Under Resale Agreements TradingSecuritiesInterestIncomeReceivablesUnderResaleAgreements	67846000
CY2016	cohn	Trading Securities Realized And Unrealized Gains Losses TradingSecuritiesRealizedAndUnrealizedGainsLosses	34335000
CY2017	cohn	Trading Securities Realized And Unrealized Gains Losses TradingSecuritiesRealizedAndUnrealizedGainsLosses	21875000
CY2018	cohn	Trading Securities Realized And Unrealized Gains Losses TradingSecuritiesRealizedAndUnrealizedGainsLosses	22150000
CY2016	cohn	Unrestricted Units Exchangeable Into Shares UnrestrictedUnitsExchangeableIntoShares	532409
CY2017	cohn	Unrestricted Units Exchangeable Into Shares UnrestrictedUnitsExchangeableIntoShares	532409
CY2018	cohn	Unrestricted Units Exchangeable Into Shares UnrestrictedUnitsExchangeableIntoShares	532409
CY2016	cohn	Vesting Of Shares VestingOfShares
CY2017	cohn	Vesting Of Shares VestingOfShares
CY2018	cohn	Vesting Of Shares VestingOfShares
CY2018	dei	Amendment Flag AmendmentFlag	false
CY2018	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2018	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018	dei	Document Period End Date DocumentPeriodEndDate	2018-12-31
CY2018	dei	Document Type DocumentType	10-K
CY2018	dei	Entity Central Index Key EntityCentralIndexKey	0001270436
CY2019Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	1218924
CY2018	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2018	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2018	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2018Q2	dei	Entity Public Float EntityPublicFloat	9900000
CY2018	dei	Entity Registrant Name EntityRegistrantName	Cohen & Co Inc.
CY2018	dei	Entity Shell Company EntityShellCompany	false
CY2018	dei	Entity Small Business EntitySmallBusiness	true
CY2018	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2018	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2018	dei	Trading Symbol TradingSymbol	cohn
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	5208000
CY2018Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	11452000
CY2017Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	5208000
CY2018Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	11452000
CY2017Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	249000
CY2018Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	359000
CY2017Q4	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	488000
CY2018Q4	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	140000
CY2017Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	1416000
CY2018Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	2359000
CY2017Q4	us-gaap	Accrued Payroll Taxes Current AccruedPayrollTaxesCurrent	685000
CY2018Q4	us-gaap	Accrued Payroll Taxes Current AccruedPayrollTaxesCurrent	721000
CY2017Q4	us-gaap	Accrued Rent Current And Noncurrent AccruedRentCurrentAndNoncurrent	75000
CY2018Q4	us-gaap	Accrued Rent Current And Noncurrent AccruedRentCurrentAndNoncurrent	405000
CY2017Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets	1455000
CY2018Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets	1487000
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-939000
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1074000
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-850000
CY2018Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-908000
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	69202000
CY2018Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	68591000
CY2016	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	28000
CY2017	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	100000
CY2018	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	75000
CY2016	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1165000
CY2017	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	732000
CY2018	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	623000
CY2016	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	988000
CY2017	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	1054000
CY2018	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	820000
CY2016	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	136000
CY2017	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	332000
CY2018	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	552000
CY2018	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	26380
CY2017Q4	us-gaap	Assets Assets	2036258000
CY2018Q4	us-gaap	Assets Assets	5654452000
CY2018Q4	us-gaap	Assets Under Management Carrying Amount AssetsUnderManagementCarryingAmount	2850000000
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14115000
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	15216000
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	22933000
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14106000
CY2016	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	1101000
CY2017	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	7717000
CY2018	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-8827000
CY2017Q4	us-gaap	Collateralized Financings CollateralizedFinancings	1219000
CY2018Q4	us-gaap	Collateralized Financings CollateralizedFinancings	4227000
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2016	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.80
CY2017	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.80
CY2018	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.80
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1213022
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1204196
CY2017Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1262584
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1213022
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1204196
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	12000
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	12000
CY2016	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2077000
CY2017	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2283000
CY2018	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2543000
CY2016	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	1076000
CY2017	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	461000
CY2017Q4	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	97000
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-677000
CY2018	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-1562000
CY2018Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-270000
CY2018Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-583000
CY2018Q4	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	6000
CY2016	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3153000
CY2017	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	2744000
CY2018	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-4105000
CY2016	us-gaap	Costs And Expenses CostsAndExpenses	46762000
CY2017Q1	us-gaap	Costs And Expenses CostsAndExpenses	11904000
CY2017	us-gaap	Costs And Expenses CostsAndExpenses	40140000
CY2017Q2	us-gaap	Costs And Expenses CostsAndExpenses	9648000
CY2017Q3	us-gaap	Costs And Expenses CostsAndExpenses	9012000
CY2017Q4	us-gaap	Costs And Expenses CostsAndExpenses	9576000
CY2018Q1	us-gaap	Costs And Expenses CostsAndExpenses	9698000
CY2018	us-gaap	Costs And Expenses CostsAndExpenses	45727000
CY2018Q2	us-gaap	Costs And Expenses CostsAndExpenses	10815000
CY2018Q3	us-gaap	Costs And Expenses CostsAndExpenses	11881000
CY2018Q4	us-gaap	Costs And Expenses CostsAndExpenses	13333000
CY2016	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	40000
CY2017	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	51000
CY2018	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	-29000
CY2016	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	52000
CY2017	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	17000
CY2018	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	26000
CY2016	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	92000
CY2017	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	68000
CY2018	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	-3000
CY2016	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit
CY2017	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit
CY2018	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit
CY2017Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	53657000
CY2018Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	50159000
CY2018Q4	us-gaap	Deferred Costs Current And Noncurrent DeferredCostsCurrentAndNoncurrent	571000
CY2016	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	215000
CY2017	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-1499000
CY2018	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-722000
CY2016	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit
CY2017	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit
CY2018	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit
CY2016	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	330000
CY2017	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1279000
CY2018	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-838000
CY2017	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	3157000
CY2018	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	9851000
CY2017	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	3308000
CY2018	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	15019000
CY2017Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	7615000
CY2018Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	7335000
CY2016	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	115000
CY2017	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	220000
CY2018	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-116000
CY2017Q4	us-gaap	Deferred Tax Assets Capital Loss Carryforwards DeferredTaxAssetsCapitalLossCarryforwards	42264000
CY2018Q4	us-gaap	Deferred Tax Assets Capital Loss Carryforwards DeferredTaxAssetsCapitalLossCarryforwards	44125000
CY2017Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	94975000
CY2018Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	94634000
CY2017Q4	us-gaap	Deferred Tax Assets Investment In Subsidiaries DeferredTaxAssetsInvestmentInSubsidiaries	26726000
CY2018Q4	us-gaap	Deferred Tax Assets Investment In Subsidiaries DeferredTaxAssetsInvestmentInSubsidiaries	22701000
CY2017Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	4760000
CY2018Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	5318000
CY2017Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Domestic DeferredTaxAssetsOperatingLossCarryforwardsDomestic	19670000
CY2018Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Domestic DeferredTaxAssetsOperatingLossCarryforwardsDomestic	20790000
CY2017Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards State And Local DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal	3744000
CY2018Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards State And Local DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal	4280000
CY2017Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	2571000
CY2018Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	2738000
CY2017Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	90215000
CY2018Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	89316000
CY2017Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	2855000
CY2018Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	2017000
CY2016	us-gaap	Depreciation And Amortization DepreciationAndAmortization	291000
CY2017Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	66000
CY2017	us-gaap	Depreciation And Amortization DepreciationAndAmortization	249000
CY2017Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	61000
CY2017Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	60000
CY2017Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	62000
CY2018Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	61000
CY2018	us-gaap	Depreciation And Amortization DepreciationAndAmortization	261000
CY2018Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	52000
CY2018Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	63000
CY2018Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	85000
CY2017Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	234000
CY2018Q4	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	2080000
CY2016	us-gaap	Dilutive Securities Effect On Basic Earnings Per Share Other DilutiveSecuritiesEffectOnBasicEarningsPerShareOther	1162000
CY2017	us-gaap	Dilutive Securities Effect On Basic Earnings Per Share Other DilutiveSecuritiesEffectOnBasicEarningsPerShareOther	371000
CY2018	us-gaap	Dilutive Securities Effect On Basic Earnings Per Share Other DilutiveSecuritiesEffectOnBasicEarningsPerShareOther	-1524000
CY2016	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.86
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.56
CY2017	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	250000
CY2018	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-746000
CY2016Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	6761000
CY2017Q4	us-gaap	Due From Related Parties DueFromRelatedParties	545000
CY2018Q4	us-gaap	Due From Related Parties DueFromRelatedParties	793000
CY2017Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	398000
CY2018Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	714000
CY2018	us-gaap	Due To And From Broker Dealers And Clearing Organizations Disclosure DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure	<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;">7. RECEIVABLES FROM AND PAYABLES TO BROKERS, DEALERS, AND CLEARING AGENCIES </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Amounts receivable from brokers, dealers, and clearing agencies consisted of the following. </font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 1pt"> <font style="display: inline;font-size:1pt;"></font> </p> <div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 1pt"> <font style="display: inline;font-size:1pt;"></font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> </tr> <tr> <td colspan="7" valign="bottom" style="width:00.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">RECEIVABLES FROM BROKERS, DEALERS, AND CLEARING AGENCIES</font></p> </td> </tr> <tr> <td colspan="7" valign="bottom" style="width:00.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">(Dollars in Thousands)</font></p> </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td colspan="5" valign="bottom" style="width:00.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">As of December 31,</font></p> </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td colspan="2" valign="bottom" style="width:00.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">2018</font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td colspan="2" valign="bottom" style="width:00.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">2017</font></p> </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Deposits with clearing organizations</font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">250  </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">750  </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Receivable from clearing organizations</font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">129,562  </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">102,846  </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">     Receivables from brokers, dealers, and clearing agencies</font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">129,812  </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">103,596  </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Amounts payable to brokers, dealers, and clearing agencies consisted of the following. </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 1pt"> <font style="display: inline;font-size:1pt;"></font> </p> <div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 1pt"> <font style="display: inline;font-size:1pt;"></font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> </tr> <tr> <td colspan="7" valign="bottom" style="width:00.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">PAYABLES TO BROKERS, DEALERS, AND CLEARING AGENCIES</font></p> </td> </tr> <tr> <td colspan="7" valign="bottom" style="width:00.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">(Dollars in Thousands)</font></p> </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td colspan="5" valign="bottom" style="width:00.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">As of December 31,</font></p> </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td colspan="2" valign="bottom" style="width:00.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">2018</font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td colspan="2" valign="bottom" style="width:00.02%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">2017</font></p> </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Unsettled regular way trades, net</font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">5,822  </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">1,997  </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Margin payable</font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">195,776  </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">128,561  </td> </tr> <tr> <td valign="bottom" style="width:54.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">    Payables to brokers, dealers, and clearing agencies</font></p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:01.76%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">201,598  </td> <td valign="bottom" style="width:01.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">  </p> </td> <td valign="bottom" style="width:02.08%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:18.84%;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;;color:#000000;font-family:Times New Roman;font-size:10pt;text-align:right;" nowrap="nowrap">130,558  </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Deposits with clearing organizations represent contractual amounts the Company is required to deposit with its clearing agents.</font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">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.</font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Receivables from clearing organizations are primarily comprised of (i) cash received by the Company upon execution of short trades that is restricted from withdrawal by the clearing agent; and (ii) cash deposited with the FICC to support the Company’s General Collateral Funding (“GCF”) matched book repo business.</font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Margin payable represents amounts borrowed from Pershing, LLC to finance the Company’s trading portfolio. Effectively, all of the Company’s investments-trading and deposits with clearing organizations serve as collateral for the margin payable.  See note 5 for interest expense incurred on margin payable.</font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"> </font> </p> <p><font size="1"> </font></p> </div> </div>
CY2018Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.37
CY2016	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.85
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.52
CY2017	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.60
CY2017Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.35
CY2017Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.45
CY2017Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.90
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.26
CY2018	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-2.14
CY2017	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.71
CY2017Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.35
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.45
CY2017Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.26
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.26
CY2018	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-2.14
CY2018Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.07
CY2018Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.57
CY2018Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.07
CY2018Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.57
CY2018Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.37
CY2017	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2018	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2016	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-387000
CY2017	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	411000
CY2018	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-262000
CY2017Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	4406000
CY2018Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	5254000
CY2018Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	423000
CY2018	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y
CY2017Q4	us-gaap	Excess Net Capital At1500 Percent ExcessNetCapitalAt1500Percent	70462000
CY2018Q4	us-gaap	Excess Net Capital At1500 Percent ExcessNetCapitalAt1500Percent	53897000
CY2017Q4	us-gaap	Fair Value Assets Level1 To Level2 Transfers Amount FairValueAssetsLevel1ToLevel2TransfersAmount	0
CY2018Q4	us-gaap	Fair Value Assets Level1 To Level2 Transfers Amount FairValueAssetsLevel1ToLevel2TransfersAmount	0
CY2017	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	776000
CY2018	us-gaap	Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss	-683000
CY2017Q4	us-gaap	Fair Value Liabilities Level2 To Level1 Transfers Amount FairValueLiabilitiesLevel2ToLevel1TransfersAmount	0
CY2018Q4	us-gaap	Fair Value Liabilities Level2 To Level1 Transfers Amount FairValueLiabilitiesLevel2ToLevel1TransfersAmount	0
CY2016	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-699000
CY2017Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	6577000
CY2018Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	2756000
CY2017Q4	us-gaap	Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged	1753978000
CY2018Q4	us-gaap	Fair Value Of Securities Received As Collateral That Can Be Resold Or Repledged FairValueOfSecuritiesReceivedAsCollateralThatCanBeResoldOrRepledged	5444823000
CY2017Q4	us-gaap	Fair Value Of Securities Received As Collateral That Have Been Resold Or Repledged FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged	1708154000
CY2018Q4	us-gaap	Fair Value Of Securities Received As Collateral That Have Been Resold Or Repledged FairValueOfSecuritiesReceivedAsCollateralThatHaveBeenResoldOrRepledged	5233017000
CY2016	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	436000
CY2017	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	-312000
CY2018	us-gaap	Fair Value Option Changes In Fair Value Gain Loss1 FairValueOptionChangesInFairValueGainLoss1	2616000
CY2017Q4	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	91887000
CY2018Q4	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	120122000
CY2017Q4	us-gaap	Good Faith And Margin Deposits With Broker Dealers GoodFaithAndMarginDepositsWithBrokerDealers	102846000
CY2018Q4	us-gaap	Good Faith And Margin Deposits With Broker Dealers GoodFaithAndMarginDepositsWithBrokerDealers	129562000
CY2017Q4	us-gaap	Goodwill Goodwill	7992000
CY2018Q4	us-gaap	Goodwill Goodwill	7992000
CY2016	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	4550000
CY2017	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	974000
CY2018	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-4082000
CY2016	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	3851000
CY2017Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	976000
CY2017	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1224000
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	614000
CY2017Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-617000
CY2017Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	251000
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2179000
CY2018	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-4828000
CY2018Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-826000
CY2018Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1829000
CY2018Q4	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	6000
CY2016	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-391000
CY2017	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-1923000
CY2018	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	683000
CY2016	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	1146000
CY2016	us-gaap	Income Taxes Paid IncomeTaxesPaid	236000
CY2017	us-gaap	Income Taxes Paid IncomeTaxesPaid	47000
CY2018	us-gaap	Income Taxes Paid IncomeTaxesPaid	44000
CY2013	us-gaap	Income Tax Examination Estimate Of Possible Loss IncomeTaxExaminationEstimateOfPossibleLoss	4683000
CY2016	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	422000
CY2017Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5000
CY2017	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1211000
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2000
CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	141000
CY2017Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1359000
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-28000
CY2018	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-841000
CY2018Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-636000
CY2018Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-595000
CY2018Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	418000
CY2016	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-682000
CY2017	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-315000
CY2018	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	17000
CY2016	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	52000
CY2017	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	17000
CY2018	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	25000
CY2016	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	1348000
CY2017	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	428000
CY2018	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-1014000
CY2016	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	115000
CY2017	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	62000
CY2018	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	-263000
CY2016	us-gaap	Increase Decrease In Broker Dealer Related Receivables Payables Net IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet	11384000
CY2017	us-gaap	Increase Decrease In Broker Dealer Related Receivables Payables Net IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet	-22379000
CY2018	us-gaap	Increase Decrease In Broker Dealer Related Receivables Payables Net IncreaseDecreaseInBrokerDealerRelatedReceivablesPayablesNet	-44824000
CY2016	us-gaap	Increase Decrease In Due To Related Parties Current IncreaseDecreaseInDueToRelatedPartiesCurrent	20000
CY2017	us-gaap	Increase Decrease In Due To Related Parties Current IncreaseDecreaseInDueToRelatedPartiesCurrent	-538000
CY2018	us-gaap	Increase Decrease In Due To Related Parties Current IncreaseDecreaseInDueToRelatedPartiesCurrent	2000
CY2016	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	1183000
CY2017	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-389000
CY2018	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	848000
CY2016	us-gaap	Increase Decrease In Financial Instruments Sold Not Yet Purchased IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased	45999000
CY2017	us-gaap	Increase Decrease In Financial Instruments Sold Not Yet Purchased IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased	6704000
CY2018	us-gaap	Increase Decrease In Financial Instruments Sold Not Yet Purchased IncreaseDecreaseInFinancialInstrumentsSoldNotYetPurchased	28235000
CY2016	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	367000
CY2017	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	1220000
CY2018	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	6334000
CY2017	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-1712000
CY2018	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	8559000
CY2016	us-gaap	Increase Decrease In Payables Under Repurchase Agreements IncreaseDecreaseInPayablesUnderRepurchaseAgreements	167532000
CY2017	us-gaap	Increase Decrease In Payables Under Repurchase Agreements IncreaseDecreaseInPayablesUnderRepurchaseAgreements	1396834000
CY2018	us-gaap	Increase Decrease In Payables Under Repurchase Agreements IncreaseDecreaseInPayablesUnderRepurchaseAgreements	3518308000
CY2016	us-gaap	Increase Decrease In Receivables Under Repurchase Agreements IncreaseDecreaseInReceivablesUnderRepurchaseAgreements	153810000
CY2017	us-gaap	Increase Decrease In Receivables Under Repurchase Agreements IncreaseDecreaseInReceivablesUnderRepurchaseAgreements	1399062000
CY2018	us-gaap	Increase Decrease In Receivables Under Repurchase Agreements IncreaseDecreaseInReceivablesUnderRepurchaseAgreements	3490170000
CY2016	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	62437000
CY2017	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	45079000
CY2018	us-gaap	Increase Decrease In Trading Securities IncreaseDecreaseInTradingSecurities	98978000
CY2017	us-gaap	Incremental Common Shares Attributable To Contingently Issuable Shares IncrementalCommonSharesAttributableToContingentlyIssuableShares	839081
CY2016	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	11404
CY2017	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	13858
CY2017Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	166000
CY2018Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	166000
CY2016	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	9523000
CY2017	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	15945000
CY2018	us-gaap	Interest And Dividend Income Securities Trading Or Measured At Fair Value InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue	72886000
CY2016	us-gaap	Interest Expense InterestExpense	4735000
CY2017Q1	us-gaap	Interest Expense InterestExpense	1612000
CY2017	us-gaap	Interest Expense InterestExpense	6178000
CY2017Q2	us-gaap	Interest Expense InterestExpense	1112000
CY2017Q3	us-gaap	Interest Expense InterestExpense	1606000
CY2017Q4	us-gaap	Interest Expense InterestExpense	1848000
CY2018Q1	us-gaap	Interest Expense InterestExpense	1819000
CY2018	us-gaap	Interest Expense InterestExpense	8487000
CY2018Q2	us-gaap	Interest Expense InterestExpense	2201000
CY2018Q3	us-gaap	Interest Expense InterestExpense	2185000
CY2018Q4	us-gaap	Interest Expense InterestExpense	2282000
CY2016	us-gaap	Interest Expense Trading Liabilities InterestExpenseTradingLiabilities	4753000
CY2017	us-gaap	Interest Expense Trading Liabilities InterestExpenseTradingLiabilities	10911000
CY2018	us-gaap	Interest Expense Trading Liabilities InterestExpenseTradingLiabilities	65738000
CY2017	us-gaap	Interest On Convertible Debt Net Of Tax InterestOnConvertibleDebtNetOfTax	1154000
CY2016	us-gaap	Interest Paid Net InterestPaidNet	2858000
CY2017	us-gaap	Interest Paid Net InterestPaidNet	5334000
CY2018	us-gaap	Interest Paid Net InterestPaidNet	7145000
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	629000
CY2018Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	674000
CY2016	us-gaap	Labor And Related Expense LaborAndRelatedExpense	31132000
CY2017Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	7185000
CY2017	us-gaap	Labor And Related Expense LaborAndRelatedExpense	22527000
CY2018Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	5194000
CY2018	us-gaap	Labor And Related Expense LaborAndRelatedExpense	25385000
CY2018Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	6589000
CY2018Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	7177000
CY2018Q4	us-gaap	Labor And Related Expense LaborAndRelatedExpense	6425000
CY2017Q4	us-gaap	Liabilities Liabilities	1988102000
CY2018Q4	us-gaap	Liabilities Liabilities	5612014000
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2036258000
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5654452000
CY2018Q3	us-gaap	Litigation Settlement Expense LitigationSettlementExpense	50000
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	44177000
CY2018Q4	us-gaap	Long Term Debt LongTermDebt	43536000
CY2017Q4	us-gaap	Minimum Net Capital Required1 MinimumNetCapitalRequired1	1421000
CY2018Q4	us-gaap	Minimum Net Capital Required1 MinimumNetCapitalRequired1	1143000
CY2017Q4	us-gaap	Minority Interest MinorityInterest	8284000
CY2018Q4	us-gaap	Minority Interest MinorityInterest	6664000
CY2016	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	425000
CY2017	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	425000
CY2018	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	426000
CY2018	us-gaap	Nature Of Operations NatureOfOperations	<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;">1. ORGANIZATION AND NATURE OF OPERATIONS </font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-style:italic;">Organizational History</font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Cohen Brothers, LLC (“Cohen Brothers”) was formed on October 7, 2004 by Cohen Bros. Financial, LLC (“CBF”). Cohen Brothers was established to acquire the net assets of CBF’s subsidiaries (the “Formation Transaction”): Cohen Bros. & Company, Inc.; Cohen Frères SAS; Dekania Investors, LLC; Emporia Capital Management, LLC; and the majority interest in Cohen Bros. & Toroian Investment Management, Inc. The Formation Transaction was accomplished through a series of transactions occurring between March 4, 2005 and May 31, 2005. </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">From its formation until December 16, 2009, Cohen Brothers operated as a privately owned limited liability company. On December 16, 2009, Cohen Brothers completed its merger (the “Merger”) with a subsidiary of Alesco Financial Inc. (“AFN”) a publicly traded real estate investment trust. </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">As a result of the Merger, AFN contributed substantially all of its assets into Cohen Brothers in exchange for newly issued membership units 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 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 membership interests of Cohen Brothers that were not held by AFN were included as a component of non-controlling interest in the consolidated balance sheets. </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Subsequent to the Merger, AFN was renamed Cohen & Company Inc. In January 2011, it was renamed again as Institutional Financial Markets, Inc. (“IFMI”). Effective January 1, 2010, the Company ceased to qualify as a real estate investment trust, or a REIT. </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">On September 1, 2017, the Company (i) changed its name back from Institutional Financial Markets, Inc. to Cohen & Company Inc. and the Company’s trading symbol on the NYSE American Stock Exchange from “IFMI” to “COHN”; (ii) effected a 1 for </font><font style="display: inline;">10</font><font style="display: inline;"> reverse stock split; and (iii) increased the par value of Common Stock from </font><font style="display: inline;">$0.001</font><font style="display: inline;"> per share to </font><font style="display: inline;">$0.01</font><font style="display: inline;"> per share. All share and per share amounts, and exercise and conversion prices for all periods presented reflect the reverse split as if it had occurred as of the beginning of the first period presented.</font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-style:italic;">The Company</font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-style:italic;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The Company is a financial services company specializing in fixed income markets. As of </font><font style="display: inline;">December 31, 2018</font><font style="display: inline;">, the Company had </font><font style="display: inline;">$2.85</font><font style="display: inline;"> billion in assets under management (“AUM”) of which </font><font style="display: inline;">83.7%</font><font style="display: inline;">, or </font><font style="display: inline;">$2.39</font><font style="display: inline;"> billion, was in collateralized debt obligations (“CDOs”). The remaining portion of our AUM is from a diversified mix of other Investment Vehicles.  </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">In these financial statements, the </font><font style="display: inline;">“Company”</font><font style="display: inline;"> 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. </font><font style="display: inline;">“Cohen Brothers”</font><font style="display: inline;"> refers to the pre-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; </font><font style="display: inline;">“JVB Holdings”</font><font style="display: inline;"> refers to J.V.B. Financial Holdings, LLC.; </font><font style="display: inline;">“JVB”</font><font style="display: inline;"> refers to J.V.B. Financial Group LLC, a broker dealer subsidiary; </font><font style="display: inline;">“CCFL”</font><font style="display: inline;"> refers to Cohen & Company Financial Limited (formerly known as EuroDekania Management LTD), a subsidiary regulated by the Financial Conduct Authority (formerly known as Financial Services Authority) in the United Kingdom; and “EuroDekania” refers to EuroDekania (Cayman) Ltd., a Cayman Islands exempted company that is externally managed by CCFL.  </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The Company’s business is organized into the following </font><font style="display: inline;">three</font><font style="display: inline;"> business segments. </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.45pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;text-decoration:underline;">Capital Markets</font><font style="display: inline;">: The Company’s Capital Markets business segment consists primarily of fixed income sales, trading, matched book repo financing, new issue placements in corporate and securitized products, and advisory services. The Company’s fixed income sales and trading group provides trade execution to corporate investors, institutional investors, mortgage originators, and other smaller broker-dealers. The Company specializes in a variety of products, including but not limited to: corporate bonds, asset backed securities (“ABS”), mortgage backed securities (“MBS”), residential mortgage backed securities (“RMBS”), CDOs, collateralized loan obligations (“CLOs”), collateralized bond obligations (“CBOs”), collateralized mortgage obligations (“CMOs”), municipal securities, to-be-announced securities (“TBAs”) and other forward agency MBS contracts, Small Business Administration (“SBA”) loans, U.S. government bonds, U.S. government agency securities, brokered deposits and certificates of deposit (“CDs”) for small banks, and hybrid capital of financial institutions including trust preferred securities (“TruPS”), whole loans, and other structured financial instruments. The Company also offers execution and brokerage services for equity products. The Company carries out its capital market activities primarily through its subsidiaries: JVB in the United States and CCFL in Europe. </font> </p> <p style="margin:0pt;text-indent:24.45pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;text-decoration:underline;">Asset Management</font><font style="display: inline;">: The Company’s Asset Management business segment manages assets within CDOs, managed accounts, joint ventures and investment funds (collectively referred to as “Investment Vehicles”). A CDO is a form of secured borrowing. The borrowing is secured by different types of fixed income assets such as corporate or mortgage loans or bonds. The borrowing is in the form of a securitization, which means that the lenders are actually investing in notes backed by the assets. In the event of default, the lenders will have recourse only to the assets securing the loan. The Company’s Asset Management business segment includes its fee-based asset management operations, which include ongoing base and incentive management fees. </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:22.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;text-decoration:underline;">Principal Investing</font><font style="display: inline;">: The Company’s Principal Investing business segment is comprised of investments that the Company has made for the purpose of earning an investment return rather than investments made to support the Company’s trading, matched book repo, or other Capital Markets business segment activities.  These investments are a component of the Company’s other investments, at fair value in our consolidated balance sheets.  </font> </p> <p style="margin:0pt;text-indent:22.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The Company generates its revenue by business segment primarily through the following activities.</font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;text-decoration:underline;">Capital Markets </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:72pt;"><p style="width:72pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-family:Symbol;border-bottom:1pt none #D9D9D9;font-size:10pt;;"> ·</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <a name="_45dd00aa286d4c3899caf985e0ec2aa2"></a><font style="display: inline;color:#000000;">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; </font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:72pt;"><p style="width:72pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-family:Symbol;border-top:1pt none #D9D9D9;font-size:10pt;;"> ·</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="display: inline;color:#000000;">Net interest income on the Company’s matched book repo financing activities; and</font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:72pt;"><p style="width:72pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-family:Symbol;font-size:10pt;;"> ·</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="display: inline;color:#000000;">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.</font></p></td></tr></table></div> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;text-decoration:underline;color:#000000;">Asset Management </font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font> </p> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:49pt;"><p style="width:49pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 20.00pt;"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-family:Symbol;font-size:10pt;;"> ·</font> </p> </td><td style="width:2pt;"><p style="width:2pt;width:2pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="display: inline;color:#000000;">Asset management fees for the Company’s on-going asset management services provided to certain Investment Vehicles, which may include fees both senior and subordinate to the securities in the Investment Vehicle, and incentive management fees earned based on the performance of the various Investment Vehicles.</font></p></td></tr></table></div> <p style="margin:0pt 0pt 0pt 67.5pt;text-indent: -18pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;text-decoration:underline;color:#000000;">Principal Investing </font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font> </p> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:49pt;"><p style="width:49pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 20.00pt;"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-family:Symbol;font-size:10pt;;"> ·</font> </p> </td><td style="width:2pt;"><p style="width:2pt;width:2pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="display: inline;color:#000000;">Gains and losses (unrealized and realized) and income and expense earned on securities classified as other investments, at fair value.</font></p></td></tr></table></div> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">The activities noted above are carried out through the following main operating subsidiaries of the Company as of </font><font style="display: inline;color:#000000;">December 31, 2018</font><font style="display: inline;color:#000000;">.</font> </p> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:17pt;"><p style="width:17pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman;;"> 1.</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="display: inline;color:#000000;">Cohen & Company Financial Management, LLC (“CCFM”) is a wholly owned subsidiary of the Operating LLC and acts as asset manager and investment advisor to Alesco I, and the Alesco III through IX CDOs. Alesco CDOs invest in bank and insurance company TruPS as well as insurance company subordinated debt.  CCFM also manages the SPAC Fund (see note 4.)</font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:17pt;"><p style="width:17pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman;;"> 2.</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="display: inline;color:#000000;">Dekania Capital Management, LLC (“DCM”) is a wholly owned subsidiary of the Operating LLC and acts as asset manager and investment advisor to the Company’s Dekania Europe CDOs that were formed prior to 2006. Dekania Europe CDOs invest primarily in TruPS and insurance company subordinated debt denominated in Euros.  DCM also manages the US Insurance JV (see note 4).  </font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:17pt;"><p style="width:17pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman;;"> 3.</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="display: inline;color:#000000;">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”), the Securities Industry Protection Corporation (“SIPC”) and the Fixed Income Clearing Corporation (“FICC”).  JVB carries out the Company’s Capital Market business segment activities in the U.S.</font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:17pt;"><p style="width:17pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman;;"> 4.</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="display: inline;color:#000000;">CCFL is regulated by the United Kingdom Financial Conduct Authority (“FCA”) and acts as the external manager of EuroDekania. EuroDekania invests primarily in hybrid capital securities of European bank and insurance companies, CLOs, CMBS, RMBS, and widely syndicated leverage loans.  Since 2007, CCFL has acted as asset manager and investment advisor to the Company’s 2007 and later Dekania Europe CDOs. Dekania Europe and related CDOs invest primarily in TruPS and insurance company subordinated debt denominated in Euros. CCFL also acts as asset manager and investment advisor to the Munda CLO.  The Munda CLO is comprised of broadly syndicated corporate loans primarily of European companies.  CCFL also carries out the Company’s Capital Markets business segment activities in Europe including brokerage, advisory, and new issue services. CCFL also acts as asset manager to certain separate accounts and Investment Vehicles based in Europe.  </font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:17pt;"><p style="width:17pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman;;"> 5.</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="display: inline;color:#000000;">Cohen & Compagnie SAS (formerly Cohen Fréres SAS), the Company’s French subsidiary, acts as a credit research advisor to Dekania Capital Management, LLC and CCFL in analyzing the creditworthiness of insurance companies and financial institutions in Europe with respect to all assets included in the Dekania Europe CDOs.</font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:17pt;"><p style="width:17pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman;;"> 6.</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman;font-size: 10pt;margin:0pt;"> <font style="display: inline;color:#000000;">ViaNova Capital Group LLC (“ViaNova”) is a wholly owned subsidiary of the Operating LLC whose purpose is to trade residential transition loans (“RTLs”).   ViaNova acquires newly originated RTLs, aggregates them and then sells them in larger quantities to institutional investors.</font><font style="display: inline;color:#000000;"> </font><font style="display: inline;color:#000000;">RTLs are small balance commercial loans that are secured by first lien residential mortgages which are used by investors and developers to finance the purchase and rehabilitation of residential properties.</font></p></td></tr></table></div> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font> </p> <p><font size="1"> </font></p> </div> </div>
CY2017Q4	us-gaap	Net Capital NetCapital	71883000
CY2018Q4	us-gaap	Net Capital NetCapital	55040000
CY2016	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2268000
CY2017	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	23118000
CY2018	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-3722000
CY2016	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	7951000
CY2017	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3896000
CY2018	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	2156000
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-8731000
CY2017	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-11916000
CY2018	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-6999000
CY2016	us-gaap	Net Income Loss NetIncomeLoss	2267000
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	672000
CY2017	us-gaap	Net Income Loss NetIncomeLoss	2064000
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	426000
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	-547000
CY2017Q4	us-gaap	Net Income Loss NetIncomeLoss	1513000
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	-1474000
CY2018	us-gaap	Net Income Loss NetIncomeLoss	-2463000
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	80000
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	-651000
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	-418000
CY2016	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1162000
CY2017	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	371000
CY2018	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1524000
CY2016	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	3262000
CY2017	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	4139000
CY2018	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-3597000
CY2016	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4735000
CY2017	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-6178000
CY2018	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-8487000
CY2018	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3
CY2016	us-gaap	Operating Income Loss OperatingIncomeLoss	8586000
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	2588000
CY2017	us-gaap	Operating Income Loss OperatingIncomeLoss	7402000
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	1726000
CY2017Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	989000
CY2017Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	2099000
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-360000
CY2018	us-gaap	Operating Income Loss OperatingIncomeLoss	3659000
CY2018Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	1375000
CY2018Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	356000
CY2018Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	2288000
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	11158000
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	1561000
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals	555000
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	950000
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	927000
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	1101000
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	1542000
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	5077000
CY2016	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	1157000
CY2017	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	1182000
CY2018	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	1380000
CY2016	us-gaap	Operating Leases Rent Expense Sublease Rentals1 OperatingLeasesRentExpenseSubleaseRentals1	309000
CY2017	us-gaap	Operating Leases Rent Expense Sublease Rentals1 OperatingLeasesRentExpenseSubleaseRentals1	250000
CY2018	us-gaap	Operating Leases Rent Expense Sublease Rentals1 OperatingLeasesRentExpenseSubleaseRentals1	226000
CY2018Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	99000000
CY2017Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	1349000
CY2018Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	3168000
CY2017Q4	us-gaap	Other Assets OtherAssets	1672000
CY2018Q4	us-gaap	Other Assets OtherAssets	3621000
CY2017Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	46000
CY2018Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	33000
CY2016	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-190000
CY2017	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	219000
CY2018	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-80000
CY2016	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-276000
CY2017	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	309000
CY2018	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-118000
CY2016	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	0
CY2017	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	0
CY2018	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	0
CY2016	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-276000
CY2017	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	309000
CY2018	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-118000
CY2016	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-190000
CY2017	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	219000
CY2018	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-80000
CY2016	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	0
CY2017	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	0
CY2018	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	0
CY2017Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	166000
CY2018Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	166000
CY2017Q4	us-gaap	Other Payables To Broker Dealers And Clearing Organizations OtherPayablesToBrokerDealersAndClearingOrganizations	128561000
CY2018Q4	us-gaap	Other Payables To Broker Dealers And Clearing Organizations OtherPayablesToBrokerDealersAndClearingOrganizations	195776000
CY2017Q4	us-gaap	Other Receivables OtherReceivables	3513000
CY2018Q4	us-gaap	Other Receivables OtherReceivables	12072000
CY2016	us-gaap	Partners Capital Account Units Treasury PartnersCapitalAccountUnitsTreasury	191468
CY2017	us-gaap	Partners Capital Account Units Treasury PartnersCapitalAccountUnitsTreasury	56956
CY2018	us-gaap	Partners Capital Account Units Treasury PartnersCapitalAccountUnitsTreasury	75081
CY2017Q4	us-gaap	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	130558000
CY2018Q4	us-gaap	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	201598000
CY2016	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	2325000
CY2017	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	572000
CY2018	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	769000
CY2017	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	800000
CY2018	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	525000
CY2016	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	954000
CY2017	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	985000
CY2018	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	966000
CY2016	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	425000
CY2017	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	425000
CY2018	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	426000
CY2016	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	28000
CY2017	us-gaap	Professional Fees ProfessionalFees	7345000
CY2017	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	100000
CY2018	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	75000
CY2016	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	237000
CY2017	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	7155000
CY2018	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	26865000
CY2016	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	223000
CY2017	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	143000
CY2018	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1002000
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	5000
CY2018Q4	us-gaap	Preferred Stock Value PreferredStockValue	5000
CY2017Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	796000
CY2018Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1009000
CY2017Q4	us-gaap	Prepaid Taxes PrepaidTaxes	0
CY2018Q4	us-gaap	Prepaid Taxes PrepaidTaxes	40000
CY2017	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	15000000
CY2016	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	40000
CY2017	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	83000
CY2018	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	8000
CY2016	us-gaap	Proceeds From Sale And Maturity Of Other Investments ProceedsFromSaleAndMaturityOfOtherInvestments	8411000
CY2017	us-gaap	Proceeds From Sale And Maturity Of Other Investments ProceedsFromSaleAndMaturityOfOtherInvestments	3402000
CY2018	us-gaap	Proceeds From Sale And Maturity Of Other Investments ProceedsFromSaleAndMaturityOfOtherInvestments	30023000
CY2016	us-gaap	Professional Fees ProfessionalFees	6319000
CY2017Q1	us-gaap	Professional Fees ProfessionalFees	2354000
CY2017Q2	us-gaap	Professional Fees ProfessionalFees	1674000
CY2017Q3	us-gaap	Professional Fees ProfessionalFees	1666000
CY2017Q4	us-gaap	Professional Fees ProfessionalFees	1651000
CY2018Q1	us-gaap	Professional Fees ProfessionalFees	1742000
CY2018	us-gaap	Professional Fees ProfessionalFees	8459000
CY2018Q2	us-gaap	Professional Fees ProfessionalFees	1379000
CY2018Q3	us-gaap	Professional Fees ProfessionalFees	1483000
CY2018Q4	us-gaap	Professional Fees ProfessionalFees	3855000
CY2016	us-gaap	Profit Loss ProfitLoss	3429000
CY2017Q1	us-gaap	Profit Loss ProfitLoss	971000
CY2017	us-gaap	Profit Loss ProfitLoss	2435000
CY2017Q2	us-gaap	Profit Loss ProfitLoss	612000
CY2017Q3	us-gaap	Profit Loss ProfitLoss	-758000
CY2017Q4	us-gaap	Profit Loss ProfitLoss	1610000
CY2018Q1	us-gaap	Profit Loss ProfitLoss	-2151000
CY2018	us-gaap	Profit Loss ProfitLoss	-3987000
CY2018Q2	us-gaap	Profit Loss ProfitLoss	-190000
CY2018Q3	us-gaap	Profit Loss ProfitLoss	-1234000
CY2018Q4	us-gaap	Profit Loss ProfitLoss	-412000
CY2018	us-gaap	Property Plant And Equipment Disposals PropertyPlantAndEquipmentDisposals	231000
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1847000
CY2018Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	2620000
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	392000
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1133000
CY2017Q4	us-gaap	Property Plant And Equipment Net Excluding Capital Leased Assets PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets	392000
CY2018Q4	us-gaap	Property Plant And Equipment Net Excluding Capital Leased Assets PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets	1133000
CY2017Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	103596000
CY2018Q4	us-gaap	Receivables From Brokers Dealers And Clearing Organizations ReceivablesFromBrokersDealersAndClearingOrganizations	129812000
CY2017Q4	us-gaap	Receivables From Clearing Organizations ReceivablesFromClearingOrganizations	750000
CY2018Q4	us-gaap	Receivables From Clearing Organizations ReceivablesFromClearingOrganizations	250000
CY2018	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	1461000
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-28497000
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-31926000
CY2016	us-gaap	Revenues Revenues	55348000
CY2017Q1	us-gaap	Revenues Revenues	14492000
CY2017	us-gaap	Revenues Revenues	47542000
CY2017Q2	us-gaap	Revenues Revenues	11374000
CY2017Q3	us-gaap	Revenues Revenues	10001000
CY2017Q4	us-gaap	Revenues Revenues	11675000
CY2018Q1	us-gaap	Revenues Revenues	9338000
CY2018	us-gaap	Revenues Revenues	49386000
CY2018Q2	us-gaap	Revenues Revenues	12190000
CY2018Q3	us-gaap	Revenues Revenues	12237000
CY2018Q4	us-gaap	Revenues Revenues	15621000
CY2016	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	29967000
CY2017	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	21795000
CY2018	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	24762000
CY2018Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	19286
CY2018Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	40.00
CY2018	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod	300000
CY2017	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
CY2018	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
CY2017Q4	us-gaap	Securities Purchased Under Agreements To Resell SecuritiesPurchasedUnderAgreementsToResell	1680883000
CY2018Q4	us-gaap	Securities Purchased Under Agreements To Resell SecuritiesPurchasedUnderAgreementsToResell	5171053000
CY2017Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	1692279000
CY2018Q4	us-gaap	Securities Sold Under Agreements To Repurchase SecuritiesSoldUnderAgreementsToRepurchase	5210587000
CY2017Q4	us-gaap	Security Deposit SecurityDeposit	272000
CY2018Q4	us-gaap	Security Deposit SecurityDeposit	669000
CY2016	us-gaap	Share Based Compensation ShareBasedCompensation	1165000
CY2017	us-gaap	Share Based Compensation ShareBasedCompensation	732000
CY2018	us-gaap	Share Based Compensation ShareBasedCompensation	623000
CY2017	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
CY2018	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
CY2016Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue	7.00
CY2017Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue	7.00
CY2018Q4	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue	7.00
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	319286
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	319286
CY2018Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	19286
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	40.00
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	40.00
CY2018Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	40.00
CY2016	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P1Y10M24D
CY2017	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P10M24D
CY2018	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P1M6D
CY2018	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice	40.00
CY2015Q4	us-gaap	Shares Outstanding SharesOutstanding	1335056
CY2016Q4	us-gaap	Shares Outstanding SharesOutstanding	1208919
CY2017Q4	us-gaap	Shares Outstanding SharesOutstanding	1213022
CY2018Q4	us-gaap	Shares Outstanding SharesOutstanding	1204196
CY2016	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	2570
CY2017	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	7699
CY2018	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	7430
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	39872000
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	35774000
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	46176000
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	46762000
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	48156000
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	42438000
CY2017Q3	us-gaap	Stockholders Equity Note Stock Split Conversion Ratio1 StockholdersEquityNoteStockSplitConversionRatio1	10
CY2016	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	43210
CY2017	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	29167
CY2018	us-gaap	Stock Issued During Period Shares Restricted Stock Award Forfeited StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
CY2017Q3	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	81098
CY2016	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	24691
CY2017	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	39591
CY2018	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	73685
CY2017	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised
CY2018	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised
CY2016	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	1165000
CY2017	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	732000
CY2018	us-gaap	Stock Issued During Period Value Share Based Compensation Gross StockIssuedDuringPeriodValueShareBasedCompensationGross	623000
CY2016	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	2325000
CY2017	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	572000
CY2018	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	769000
CY2016	us-gaap	Trading Gains Losses TradingGainsLosses	39105000
CY2017	us-gaap	Trading Gains Losses TradingGainsLosses	26909000
CY2018	us-gaap	Trading Gains Losses TradingGainsLosses	29298000
CY2017Q4	us-gaap	Trading Securities TradingSecurities	202257000
CY2018Q4	us-gaap	Trading Securities TradingSecurities	301235000
CY2016	us-gaap	Trading Securities Realized Gain Loss TradingSecuritiesRealizedGainLoss	37186000
CY2017	us-gaap	Trading Securities Realized Gain Loss TradingSecuritiesRealizedGainLoss	21277000
CY2018	us-gaap	Trading Securities Realized Gain Loss TradingSecuritiesRealizedGainLoss	20914000
CY2016	us-gaap	Trading Securities Unrealized Holding Gain Loss TradingSecuritiesUnrealizedHoldingGainLoss	-2851000
CY2017	us-gaap	Trading Securities Unrealized Holding Gain Loss TradingSecuritiesUnrealizedHoldingGainLoss	598000
CY2018	us-gaap	Trading Securities Unrealized Holding Gain Loss TradingSecuritiesUnrealizedHoldingGainLoss	1236000
CY2016	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	2405000
CY2017Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3054293
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1704885
CY2018	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1684482
CY2018Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1719671
CY2018Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1677732
CY2018Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1649985
CY2017	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	799000
CY2018	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	2126000
CY2016Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0
CY2017Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0
CY2018Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0
CY2018	us-gaap	Use Of Estimates UseOfEstimates	<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-style:italic;">B. Use of Estimates </font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">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. </font> </p> <p style="margin:0pt;text-indent:24.5pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p><font size="1"> </font></p> </div> </div>
CY2018Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Assets VariableInterestEntityConsolidatedCarryingAmountAssets	3967000
CY2018Q4	us-gaap	Variable Interest Entity Consolidated Carrying Amount Liabilities VariableInterestEntityConsolidatedCarryingAmountLiabilities	716000
CY2017Q4	us-gaap	Variable Interest Entity Entity Maximum Loss Exposure Amount VariableInterestEntityEntityMaximumLossExposureAmount	4511000
CY2018Q4	us-gaap	Variable Interest Entity Entity Maximum Loss Exposure Amount VariableInterestEntityEntityMaximumLossExposureAmount	5273000
CY2017Q4	us-gaap	Variable Interest Entity Nonconsolidated Carrying Amount Liabilities VariableInterestEntityNonconsolidatedCarryingAmountLiabilities	0
CY2018Q4	us-gaap	Variable Interest Entity Nonconsolidated Carrying Amount Liabilities VariableInterestEntityNonconsolidatedCarryingAmountLiabilities	0
CY2018	us-gaap	Variable Interest Entity Number Of Entities With Unavailability Of Information VariableInterestEntityNumberOfEntitiesWithUnavailabilityOfInformation	2
CY2016	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1763002
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2004479
CY2017	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2592254
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	2791381
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1745235
CY2016	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1219189
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1199238
CY2017	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1206906
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1216692
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1212826
CY2017Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1198869
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1172476
CY2018	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1152073
CY2018Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1172919
CY2018Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1145323
CY2018Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1117576

Files In Submission

Name	View Source	Status
0001270436-19-000004-index-headers.html	Edgar Link	pending
0001270436-19-000004-index.html	Edgar Link	pending
0001270436-19-000004.txt	Edgar Link	pending
0001270436-19-000004-xbrl.zip	Edgar Link	pending
cohn-20181231.xml	Edgar Link	completed
cohn-20181231.xsd	Edgar Link	pending
cohn-20181231x10k.htm	Edgar Link	pending
cohn-20181231xex10_23.htm	Edgar Link	pending
cohn-20181231xex10_30.htm	Edgar Link	pending
cohn-20181231xex21_1.htm	Edgar Link	pending
cohn-20181231xex23_1.htm	Edgar Link	pending
cohn-20181231xex31_1.htm	Edgar Link	pending
cohn-20181231xex31_2.htm	Edgar Link	pending
cohn-20181231xex32_1.htm	Edgar Link	pending
cohn-20181231xex32_2.htm	Edgar Link	pending
cohn-20181231_cal.xml	Edgar Link	unprocessable
cohn-20181231_def.xml	Edgar Link	unprocessable
cohn-20181231_lab.xml	Edgar Link	unprocessable
cohn-20181231_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R100.htm	Edgar Link	pending
R101.htm	Edgar Link	pending
R102.htm	Edgar Link	pending
R103.htm	Edgar Link	pending
R104.htm	Edgar Link	pending
R105.htm	Edgar Link	pending
R106.htm	Edgar Link	pending
R107.htm	Edgar Link	pending
R108.htm	Edgar Link	pending
R109.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R110.htm	Edgar Link	pending
R111.htm	Edgar Link	pending
R112.htm	Edgar Link	pending
R113.htm	Edgar Link	pending
R114.htm	Edgar Link	pending
R115.htm	Edgar Link	pending
R116.htm	Edgar Link	pending
R117.htm	Edgar Link	pending
R118.htm	Edgar Link	pending
R119.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R120.htm	Edgar Link	pending
R121.htm	Edgar Link	pending
R122.htm	Edgar Link	pending
R123.htm	Edgar Link	pending
R124.htm	Edgar Link	pending
R125.htm	Edgar Link	pending
R126.htm	Edgar Link	pending
R127.htm	Edgar Link	pending
R128.htm	Edgar Link	pending
R129.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R130.htm	Edgar Link	pending
R131.htm	Edgar Link	pending
R132.htm	Edgar Link	pending
R133.htm	Edgar Link	pending
R134.htm	Edgar Link	pending
R135.htm	Edgar Link	pending
R136.htm	Edgar Link	pending
R137.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R82.htm	Edgar Link	pending
R83.htm	Edgar Link	pending
R84.htm	Edgar Link	pending
R85.htm	Edgar Link	pending
R86.htm	Edgar Link	pending
R87.htm	Edgar Link	pending
R88.htm	Edgar Link	pending
R89.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R90.htm	Edgar Link	pending
R91.htm	Edgar Link	pending
R92.htm	Edgar Link	pending
R93.htm	Edgar Link	pending
R94.htm	Edgar Link	pending
R95.htm	Edgar Link	pending
R96.htm	Edgar Link	pending
R97.htm	Edgar Link	pending
R98.htm	Edgar Link	pending
R99.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$COHN
Cohen & Co Inc. Stock $cohn

2018 Q4 Form 10-K Financial Statement

#000127043619000004 Filed on March 08, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$COHN Cohen & Co Inc. Stock $cohn

2018 Q4 Form 10-K Financial Statement

#000127043619000004 Filed on March 08, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$COHN
Cohen & Co Inc. Stock $cohn