Company: COHN
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001437749-25-014235
Chunk: 168

Company: Cohen & Co Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 168
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 average remaining term of the leases was 9.2 years.  The weighted average discount rate for the leases was 5.97%. 
   ﻿ 
   Maturities of operating lease liability payments consisted of the following.
    
   FUTURE MATURITY OF LEASE LIABILITIES
   (Dollars in Thousands)

       March 31, 2025  
 2025 - remaining  $1,711 
 2026   2,461 
 2027   2,481 
 2028   2,494 
 2029   2,407 
 Thereafter   10,277 
 Total   21,831 
 Less imputed interest   (5,285)
 Lease obligation  $16,546 

   ﻿During the three months ended  March 31, 2025 and 2024, total cash payments of $361 and $686, respectively, were recorded as a reduction in the operating lease obligation.  No cash payments were made to acquire right of use assets.
    
   For the three months ended  March 31, 2025, rent expense, net of sublease income of $23, was $654. For the three months ended  March 31, 2024, rent expense, net of sublease income of $23, was $634.

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   13. OTHER RECEIVABLES, OTHER ASSETS, ACCOUNTS PAYABLE AND OTHER LIABILITIES
   ﻿ 
   Other receivables consisted of the following.
    
   OTHER RECEIVABLES
   (Dollars in Thousands)

       March 31, 2025    December 31, 2024  
 New issue fee and advisory fee receivable - gross  $3,497  $3,408 
 Allowance for credit losses   (2,725)  (2,250)
 New issue fee and advisory fee receivable - net   772   1,158 
 Asset management fees receivable   2,327   2,183 
 Accrued interest and dividend receivable   1,153   1,595 
 Revenue share receivable   470   - 
 Agency repo income receivable   524   522 
 Miscellaneous other receivables   761   1,068 
 Other receivables  $6