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Supplemental Financial Information (Tables)
12 Months Ended
Dec. 31, 2014
Supplemental Financial Information [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
 
Quarter Ended
 
March 31, 2014
 
June 30, 2014
 
September 30, 2014
 
December 31, 2014
 
(in thousands)
Total revenues
$
106,677

 
$
92,902

 
$
107,101

 
$
121,096

Net Income (loss) before income taxes
14,106

 
13,644

 
10,670

 
19,416

Income tax expense (benefit)
79

 
46

 
141

 
(125,210
)
Net income (loss) from continuing operations
14,027

 
13,598

 
10,529

 
144,626

Net Income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds
4,187

 
5,216

 
4,006

 
2,155

Net income (loss) attributable to Cowen Group, Inc. stockholders
$
9,840

 
$
8,382

 
$
6,523

 
$
142,471

Earnings (loss) per share:
 
 
 
 
 
 
 
Basic
$
0.09

 
$
0.07

 
$
0.06

 
$
1.26

Diluted
$
0.08

 
$
0.07

 
$
0.05

 
$
1.21

Weighted average number of common shares:
 
 
 
 
 
 
 
Basic
115,680

 
115,569

 
114,969

 
113,492

Diluted
122,898

 
120,199

 
118,801

 
118,222

 
Quarter Ended
 
March 31, 2013
 
June 30, 2013
 
September 30, 2013
 
December 31, 2013
 
(in thousands)
Total revenues
$
68,329

 
$
81,933

 
$
81,912

 
$
96,345

Net Income (loss) before income taxes
1,095

 
3,506

 
8,324

 
5,372

Income tax expense (benefit)
176

 
158

 
(46
)
 
169

Net income (loss) from continuing operations
919

 
3,348

 
8,370

 
5,203

Net Income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds
3,495

 
2,255

 
4,759

 
2,684

Net income (loss) attributable to Cowen Group, Inc. stockholders
$
(2,576
)
 
$
1,093

 
$
3,611

 
$
2,519

Earnings (loss) per share:
 
 
 
 
 
 
 
Basic
$
(0.02
)
 
$
0.01

 
$
0.03

 
$
0.02

Diluted
$
(0.02
)
 
$
0.01

 
$
0.03

 
$
0.02

Weighted average number of common shares:
 
 
 
 
 
 
 
Basic
113,798

 
117,235

 
118,359

 
117,514

Diluted
113,798

 
120,901

 
122,708

 
123,573