Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 213

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 213
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4,033

       $
       11,752

        Dutch Real Estate Entities 

        Columbus Circle SPAC 

        SPAC Sponsor Entities and Other 

        Total 

        January 1, 2024 
        
       $
       5,864

       $
       -

       $
       8,377

       $
       14,241

        Investments / advances 

       -

       -

       236

       236

        Distributions / repayments 

       -

       -

       (1,026
       )

       (1,026
       )

        Reclasses to (from) 

       -

       -

       (11,725
       )

       (11,725
       )

        Earnings / (loss) recognized 

       (759
       )

       -

       22,463

       21,704

        December 31, 2024 
        
       $
       5,105

       $
       -

       $
       18,325

       $
       23,430

   Dutch Real Estate Entities include: (i) Amersfoort Office Investment I Cooperatief U. A. (“AOI”), a company based in the Netherlands that invests in real estate, and (ii) CK Capital Partners B.V. (“CK Capital”), a company based in the Netherlands that manages investments in real estate.  See note 24.  The amounts included as SPAC Sponsor Entities and Other represent the Company's investment in SPAC sponsor entities that have not yet completed a business combination or from SPAC sponsor entities that have completed business combinations but have not yet distributed shares to sponsor investors and other equity method investments.  If these SPAC sponsor entities are unsuccessful in completing a business combination and the underlying SPAC liquidates, the Company will likely receive no distributions in kind or in cash related to these investments and the remaining balances will be recorded as a component of loss from equity method investments in the consolidated statement of operations.

       32

   12. LEASES
   ﻿ 
   The Company leases office space and certain computers and related equipment.  From time to time, the Company subleases office space to other tenants.  Under the requirements of ASC 842, the Company determines if an arrangement is a lease at the inception date of the contract. Then, the Company measures the lease liability using an incremental borrowing rate that was calculated for each operating lease based on the term of the lease, the U.S. Treasury