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Note 9 - Fair Value Disclosures (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

										Significant				Significant
						Quoted Prices in				Other Observable				Unobservable
						Active Markets				Inputs				Inputs
Assets		Fair Value				(Level 1)				(Level 2)				(Level 3)
Investments-trading:
U.S. government agency MBS and CMOs		$	134,093			$	-			$	134,093			$	-
U.S. government agency debt securities			22,373				-				22,373				-
RMBS			9				-				9				-
ABS			1				-				1				-
Corporate bonds and redeemable preferred stock			45,519				-				45,519				-
Foreign government bonds			467				-				467				-
Municipal bonds			18,841				-				18,841				-
Certificates of deposit			169				-				169				-
Derivatives			1,275				-				1,275				-
Equity securities			1,118				-				1,118				-
Total investments - trading		$	223,865			$	-			$	223,865			$	-
Other investments, at fair value:
Equity securities		$	24,733				24,733			$	-			$	-
Restricted equity securities			19,449				-				19,449				-
Corporate bonds and redeemable preferred stock			476				-				476				-
Residential loans			115				-				115				-
			44,773			$	24,733			$	20,040			$	-
Investments measured at NAV (1)			11,260
Total other investments, at fair value		$	56,033
Liabilities
Trading securities sold, not yet purchased:
U.S. government agency debt securities		$	1			$	1			$	-			$	-
U.S. Treasury securities			29,513				29,513				-				-
Corporate bonds and redeemable preferred stock			32,574				-				32,574				-
Derivatives			424				-				424				-
Total trading securities sold, not yet purchased		$	62,512			$	29,514			$	32,998			$	-

Other investments, sold not yet purchased:
Equity securities		$	2,488			$	2,488			$	-			$	-
Total other investments, sold not yet purchased		$	2,488			$	2,488			$	-			$	-

										Significant				Significant
						Quoted Prices in				Other Observable				Unobservable
						Active Markets				Inputs				Inputs
Assets		Fair Value				(Level 1)				(Level 2)				(Level 3)
Investments-trading:
U.S. government agency MBS and CMOs		$	162,031			$	-			$	162,031			$	-
U.S. government agency debt securities			6,904				-				6,904				-
RMBS			14				-				14				-
U.S. Treasury securities			607				607				-				-
ABS			1				-				1				-
SBA loans			2,742				-				2,742				-
Corporate bonds and redeemable preferred stock			36,388				-				36,388				-
Foreign government bonds			659				-				659				-
Municipal bonds			19,400				-				19,400				-
Certificates of deposit			70				-				70				-
Derivatives			13,717				-				13,717				-
Equity securities			428				-				428				-
Total investments - trading		$	242,961			$	607			$	242,354			$	-
Other investments, at fair value:
Equity securities		$	17,421			$	17,421			$	-			$	-
Restricted equity securities			34,172				-				34,172				-
Corporate bonds and redeemable preferred stock			476				-				476				-
Subordinated Notes			1,519				-				1,519				-
RTLs			2,300				-				2,300				-
Residential loans			104				-				104				-
			55,992			$	17,421			$	38,571			$	-
Investments measured at NAV (1)			2,548
Total other investments, at fair value		$	58,540
Liabilities
Trading securities sold, not yet purchased:
U.S. Treasury securities		$	3,348			$	3,348			$	-			$	-
Corporate bonds and redeemable preferred stock			29,206				-				29,206				-
Municipal bonds			20				-				20				-
Derivatives			11,822				-				11,822				-
Equity securities			43				43				-				-
Total trading securities sold, not yet purchased		$	44,439			$	3,391			$	41,048			$	-

Other investments, sold not yet purchased:
Derivatives		$	233			$	233			$	-			$	-
Equity securities			7,182				7,182				-				-
Total other investments, sold not yet purchased		$	7,415			$	7,415			$	-			$	-

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

		Year Ended December 31,
		2021				2020
Beginning of Period		$	-			$	2,522
Net trading			-				(57	)
Gains & losses (1)			-				(604	)
Accretion of income (1)			-				124
Purchases			-				638
Sales and returns of capital			-				(5,601	)
Reclassification of RTLs			-				5,278
Transfer out of Level 3 (2)			-				(2,300	)
End of Period		$	-			$	-
Change in unrealized gains / (losses) (3)		$	-			$	-

Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Table Text Block]

December 31, 2021

Unfunded Commitments

Redemption Frequency

Redemption Notice Period

Other investments, at fair value

CREO (a)

$

5,830

$

9,170

N/A

N/A

U.S. Insurance JV (b)

3,450

N/A

N/A

N/A

SPAC Fund (c)

1,980

N/A

Quarterly after 1 year lock up

30 days

$

11,260

December 31, 2020

Unfunded Commitments

Redemption Frequency

Redemption Notice Period

Other investments, at fair value

U.S. Insurance JV (a)

$

1,564

$

1,567

N/A

N/A

SPAC Fund (b)

984

NA

Quarterly after 1 year lock up

30 days

$

2,548

X

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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