Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 203

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 203
---
/A 
 U.S. Insurance JV (c)   2,574   N/A   N/A   N/A 
  $12,668             

   ﻿ 
   
       Fair Value December 31, 2024    Unfunded Commitments    Redemption Frequency    Redemption Notice Period  
 Other investments, at fair value                 
 CREO JV (b)  $6,432  $10,118   N/A   N/A 
 U.S. Insurance JV (c)  2,825  N/A  N/A  N/A 
  $9,257             

    N/A Not Applicable 
 (a)CK Capital Value Fund invests primarily in office buildings in the Netherlands.  
 (b) The CREO JV invests primarily in multi-family commercial real estate mortgage-backed loans. 
  (c)  The U.S. Insurance JV invests in USD denominated debt issued by small and medium size insurance and reinsurance companies.  

       27

   9. DERIVATIVE FINANCIAL INSTRUMENTS 
    
   FASB ASC 815, Derivatives and Hedging (“ASC 815”), provides for optional hedge accounting. When a derivative is deemed to be a hedge and certain documentation and effectiveness testing requirements are met, reporting entities can record all or a portion of the change in the fair value of a designated hedge as an adjustment to Accumulated Other Comprehensive Income  ("AOCI")  rather than as a gain or loss in the statements of operations. To date, the Company has not designated any derivatives as hedges under the provisions included in ASC 815.
    
   All of the derivatives that the Company enters into contain master netting arrangements.  If certain requirements are met, the offsetting provisions included in FASB ASC 210, Balance Sheet (“ASC 210”), allow (but do not require) the reporting entity to net the derivative asset and liability on the consolidated balance sheets. It is the Company’s policy to present the derivative assets and liabilities on a net basis if the conditions of ASC 210 are met.  However, in general, the Company does not enter into offsetting derivatives with the same counterparties.  Therefore, in all periods presented, no derivatives are presented on a net basis. 
    
   Derivative financial instruments are recorded at fair value. If the derivative