Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 198

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 1C
Chunk 198
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 from non-controlling interest  $550  $(4,477) $(13,727)

   Detail of Non-Controlling Interest
     
   The Company has two major categories of non-controlling interest.  Convertible non-controlling interest represents the portion of the Operating LLC not owned by the Company.  The convertible non-controlling interest is exchangeable in certain circumstances into Common Stock.  Non-convertible non-controlling interest represents the portion of various subsidiaries of the Operating LLC that are not wholly owned by the Operating LLC.  The non-convertible non-controlling interest is not exchangeable into Common Stock. 

    ROLLFORWARD OF NON-CONTROLLING INTERESTS 
 (Dollars in Thousands) 

       Operating LLC    Insurance SPACs Sponsor Entities    Other Consolidated Subsidiaries    Total  
 December 31, 2021  $57,628  $4,808  $27,056  $89,492 
 Non-controlling interest share of (loss)   (22,078)  (4,808)  (18,395)  (45,281)
 Other comprehensive income   (152)  -   -   (152)
 Acquisition / (surrender) of additional units of consolidated subsidiary   334   -   -   334 
 Equity-based compensation   3,181   -   -   3,181 
 Shares withheld for employee taxes   (158)  -   -   (158)
 Dividends/distributions to convertible non-controlling interest   (6,485)  -   -   (6,485)
 Convertible non-controlling interest investment   15,000   -   -   15,000 
 Non-convertible non-controlling interest investment   -   -   9   9 
 Non-convertible non-controlling interest distributions   -   -   (8,653)  (8,653)
 December 31, 2022  $47,270  $-  $17  $47,287 
 Non-controlling interest share of (loss)   (4,078)  -   19,590   15,512 
 Other comprehensive income   61   -