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Acquisitions Narrative (Details) (USD $)
3 Months Ended 12 Months Ended 0 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
ATM Group and Cowen Equity Finance LP [Member]
Dec. 31, 2011
ATM Group and Cowen Equity Finance LP [Member]
Jun. 28, 2011
LaBranche and Co Inc. [Member]
Jun. 30, 2011
LaBranche and Co Inc. [Member]
Dec. 31, 2011
LaBranche and Co Inc. [Member]
Dec. 31, 2012
Minimum
ATM Group and Cowen Equity Finance LP [Member]
Dec. 31, 2012
Maximum
ATM Group and Cowen Equity Finance LP [Member]
Business Acquisition [Line Items]                                    
Business Acquisition, Cost of Acquired Entity, Cash Paid                       $ 10,900,000            
Conversion ratio, shares of Company's stock issued per share of Acquiree's stock                           0.9980        
Shares issued in acquisition, value                           156,000,000        
Closing stock price $ 2.45       $ 2.59       $ 2.45 $ 2.59       $ 3.82        
Shares outstanding, in shares                           40,931,997        
Net assets acquired                       10,285,000   175,982,000        
Non compete agreements and covenants with limiting conditions acquired recognized separately                       167,000   2,310,000        
Total purchase price                       18,969,000   156,048,000        
Bargain purchase gain recognized                 0 22,244,000 0 8,517,000   22,244,000 22,200,000      
Acquisition related costs                         300,000     3,300,000    
Revenues                       6,200,000            
Net income (loss) attributable to Cowen Group, Inc. stockholders (9,349,000) (10,585,000) (7,946,000) 3,995,000 (79,896,000) (48,233,000) 20,037,000 82,000 (23,885,000) (108,010,000) (45,417,000) 1,600,000            
Intangibles                       9,900,000   2,770,000        
Noncompete Agreements                           2,500,000        
Business Acquisition, Cost of Acquired Entity, Liabilities Incurred                       8,100,000            
Business Acquisition, Contingent Consideration, Potential Cash Payment                                 5,000,000 13,400,000
Business Acquisition, Purchase Price Allocation, Goodwill, Expected Tax Deductible Amount $ 2,200,000               $ 2,200,000