Acquisition (Tables) - Cowen Insurance

9 Months Ended

Sep. 30, 2021

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The table below summarizes the purchase price allocation of net tangible and intangible assets acquired and liabilities assumed as of February 26, 2021:

	(dollars in thousands)
Cash	$	14,844
Securities owned, at fair value	1,571
Fixed assets	30
Intangible assets	4,794
Other assets	12,828
Compensation payable	(17)
Other liabilities	(16,099)
Total net identifiable assets acquired and liabilities assumed	17,951
Bargain purchase gain	(5,216)
Total estimated purchase price	$	12,735

Finite-lived Intangible Assets Amortization Expense [Table Text Block]

As of September 30, 2021, the estimated amortization expense related to these intangible assets in future periods is as follows:

	(dollars in thousands)
2021	$	114
2022	458
2023	458
2024	458
2025	458
Thereafter	2,365
	$	4,311