Company: COHN
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001437749-25-014235
Chunk: 157

Company: Cohen & Co Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 157
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 investments in certain entities that calculate NAV per share (regardless of whether the “practical expedient” provisions of FASB ASC 820 have been applied), which were measured at fair value on a recurring basis at  March 31, 2025 and  December 31, 2024.

      Fair Value March 31, 2025   Unfunded Commitments    Redemption Frequency    Redemption Notice Period  
 Other investments, at fair value                 
 CREO JV (a)  $6,503  $10,118   N/A   N/A 
 U.S. Insurance JV (b)   2,548   N/A   N/A   N/A 
  $9,051             

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

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

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   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