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Defined Benefit Plans Annual Disclosures (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Defined Benefit Plan Disclosure [Line Items]      
Fair Value of Plan Assets $ 0us-gaap_DefinedBenefitPlanFairValueOfPlanAssets $ 4,389us-gaap_DefinedBenefitPlanFairValueOfPlanAssets $ 5,230us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]      
Benefit Obligation 3,592us-gaap_DefinedBenefitPlanBenefitObligation 4,436us-gaap_DefinedBenefitPlanBenefitObligation  
Service cost 0us-gaap_DefinedBenefitPlanServiceCost 0us-gaap_DefinedBenefitPlanServiceCost 53us-gaap_DefinedBenefitPlanServiceCost
Interest cost 84us-gaap_DefinedBenefitPlanInterestCost 207us-gaap_DefinedBenefitPlanInterestCost 216us-gaap_DefinedBenefitPlanInterestCost
Actuarial loss (gain) (2)us-gaap_DefinedBenefitPlanActuarialGainLoss (93)us-gaap_DefinedBenefitPlanActuarialGainLoss  
Benefits paid (3,791)us-gaap_DefinedBenefitPlanBenefitsPaid (48)us-gaap_DefinedBenefitPlanBenefitsPaid  
Curtailments 0us-gaap_DefinedBenefitPlanCurtailments 0us-gaap_DefinedBenefitPlanCurtailments  
Lump sum settlement 117us-gaap_DefinedBenefitPlanSettlementsBenefitObligation 910us-gaap_DefinedBenefitPlanSettlementsBenefitObligation  
Effect of change in currency conversion 0us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation 0us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation  
Benefit Obligation 0us-gaap_DefinedBenefitPlanBenefitObligation 3,592us-gaap_DefinedBenefitPlanBenefitObligation 4,436us-gaap_DefinedBenefitPlanBenefitObligation
Defined Benefit Plan, Change in Plan Assets [Roll Forward]      
Fair Value of Plan Assets 4,389us-gaap_DefinedBenefitPlanFairValueOfPlanAssets 5,230us-gaap_DefinedBenefitPlanFairValueOfPlanAssets  
Actual return on plan assets 306us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets 153us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets  
Employer contributions 0us-gaap_DefinedBenefitPlanContributionsByEmployer 1us-gaap_DefinedBenefitPlanContributionsByEmployer  
Benefits paid (3,791)cown_DefinedBenefitPlansTotalBenefitsPaid (956)cown_DefinedBenefitPlansTotalBenefitsPaid  
Transfer to qualified replacement plan (874)us-gaap_DefinedBenefitPlanAssetsTransferredToFromPlan 0us-gaap_DefinedBenefitPlanAssetsTransferredToFromPlan  
Expenses paid from the plan (30)us-gaap_DefinedBenefitPlanAdministrationExpenses (39)us-gaap_DefinedBenefitPlanAdministrationExpenses  
Fair Value of Plan Assets 0us-gaap_DefinedBenefitPlanFairValueOfPlanAssets 4,389us-gaap_DefinedBenefitPlanFairValueOfPlanAssets 5,230us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
Funded balance at end of year 0us-gaap_DefinedBenefitPlanFundedStatusOfPlan 797us-gaap_DefinedBenefitPlanFundedStatusOfPlan  
Pension and Other Postretirement Defined Benefit Plans, Liabilities [Abstract]      
Pension and Other Postretirement Defined Benefit Plans, Liabilities 0us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent 797us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent  
Accumulated Benefit Obligation 0us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation 3,592us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation  
Components of net periodic benefit cost included in employee compensation and benefits      
Service cost 0us-gaap_DefinedBenefitPlanServiceCost 0us-gaap_DefinedBenefitPlanServiceCost 53us-gaap_DefinedBenefitPlanServiceCost
Interest cost 84us-gaap_DefinedBenefitPlanInterestCost 207us-gaap_DefinedBenefitPlanInterestCost 216us-gaap_DefinedBenefitPlanInterestCost
Expected return on plan assets (299)us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets (251)us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets (235)us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets
Amortization of (loss) / gain (205)us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses 0us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses 0us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses
Amortization of prior service cost 0us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit 21us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit 20us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
Effect of settlement 0us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1 (95)us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1 (95)us-gaap_DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
Net periodic benefit cost (420)us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost (118)us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost (41)us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss) [Abstract]      
Net Gain (Loss) 344us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax 137us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax (557)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
Effect of Curtailment 0cown_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossEffectOfCurtailmentBeforeTax (360)cown_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossEffectOfCurtailmentBeforeTax 59cown_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossEffectOfCurtailmentBeforeTax
Effect of Settlement 0cown_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossEffectOfSettlementBeforeTax 0cown_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossEffectOfSettlementBeforeTax 98cown_DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossEffectOfSettlementBeforeTax
Amortization of Loss (Gain) 0us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax 0us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax 0us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
Amortization of prior service cost included in net periodic pension cost 0us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax 23us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax 23us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
Total recognized in other comprehensive income (loss) 344us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax (246)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax (423)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
Defined Benefit Plan, Amounts Recognized in Net Periodic Benefit Cost and Other Comprehensive Loss (Income) (76)cown_DefinedBenefitPlanAmountsRecognizedInNetPeriodicBenefitCostAndOtherComprehensiveLossIncome (364)cown_DefinedBenefitPlanAmountsRecognizedInNetPeriodicBenefitCostAndOtherComprehensiveLossIncome (464)cown_DefinedBenefitPlanAmountsRecognizedInNetPeriodicBenefitCostAndOtherComprehensiveLossIncome
Pension and Other Postretirement Benefit Plans, Accumulated Other Comprehensive Income (Loss), before Tax [Abstract]      
Net Gains (Losses) 0us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax 344us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax 479us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
Prior Service Cost 0us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax 0us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax (381)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
Effect of change in currency conversion 0us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetTransitionAssetsObligationsBeforeTax 0us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetTransitionAssetsObligationsBeforeTax 0us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetTransitionAssetsObligationsBeforeTax
Total recognized in accumulated other comprehensive income (loss) 0us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax 344us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax 98us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
Pension and Other Postretirement Benefit Plans, Amounts that Will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year [Abstract]      
Prior Service Cost 0us-gaap_DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit 0us-gaap_DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit 19us-gaap_DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit
Net Gains (Losses) 0us-gaap_DefinedBenefitPlanFutureAmortizationOfGainLoss 0us-gaap_DefinedBenefitPlanFutureAmortizationOfGainLoss 0us-gaap_DefinedBenefitPlanFutureAmortizationOfGainLoss
Cash Balance Plan      
Defined Benefit Plan Disclosure [Line Items]      
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets 6.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
6.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
6.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
Fair Value of Plan Assets   4,389us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
 
Defined Benefit Plan, Change in Plan Assets [Roll Forward]      
Fair Value of Plan Assets 4,389us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
   
Fair Value of Plan Assets   4,389us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
 
Cash Balance Plan | Ramius Multi-Strategy Fund Ltd      
Defined Benefit Plan Disclosure [Line Items]      
Fair Value of Plan Assets   390us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_RamiusMultiStrategyFundLtdMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
[1]  
Defined Benefit Plan, Change in Plan Assets [Roll Forward]      
Fair Value of Plan Assets   390us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_RamiusMultiStrategyFundLtdMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
[1]  
Cash Balance Plan | Merger Fund      
Defined Benefit Plan Disclosure [Line Items]      
Fair Value of Plan Assets   2,279us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_MergerFundMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
 
Defined Benefit Plan, Change in Plan Assets [Roll Forward]      
Fair Value of Plan Assets   2,279us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_MergerFundMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
 
Cash Balance Plan | Orchard Square Partners Credit Fund Ltd      
Defined Benefit Plan Disclosure [Line Items]      
Fair Value of Plan Assets   1,640us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_OrchardSquarePartnersCreditFundLtdMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
[2]  
Defined Benefit Plan, Change in Plan Assets [Roll Forward]      
Fair Value of Plan Assets   1,640us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_OrchardSquarePartnersCreditFundLtdMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
[2]  
Cash Balance Plan | External Mutual Funds Total Return      
Defined Benefit Plan Disclosure [Line Items]      
Fair Value of Plan Assets   7us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_ExternalMutualFundsTotalReturnMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
[3]  
Defined Benefit Plan, Change in Plan Assets [Roll Forward]      
Fair Value of Plan Assets   7us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_ExternalMutualFundsTotalReturnMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
[3]  
Cash Balance Plan | External Mutual Funds Real Return      
Defined Benefit Plan Disclosure [Line Items]      
Fair Value of Plan Assets   34us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_ExternalMutualFundsRealReturnMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
[4]  
Defined Benefit Plan, Change in Plan Assets [Roll Forward]      
Fair Value of Plan Assets   34us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_ExternalMutualFundsRealReturnMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
[4]  
Cash Balance Plan | External Mutual Funds Conservative      
Defined Benefit Plan Disclosure [Line Items]      
Fair Value of Plan Assets   39us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_ExternalMutualFundsConservativeMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
[5]  
Defined Benefit Plan, Change in Plan Assets [Roll Forward]      
Fair Value of Plan Assets   $ 39us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
/ us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis
= cown_ExternalMutualFundsConservativeMember
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= cown_CashBalancePlanMember
[5]  
[1] Ramius Multi-Strategy Fund Ltd invests substantially all of its capital through a "master feeder" structure in Ramius Intermediate Fund, L.P. which invests in funds that employ a variety of diversified, non-directional investment strategies that seek to achieve, over the long term, a target return with low volatility.
[2] Orchard Square Partners Credit Fund Ltd invests substantially all of its capital through a "master-feeder" structure in Orchard Square Partners Credit Intermediate Fund, LP which invests in a fund whose objective is to seek to achieve superior returns.
[3] External Mutual Funds—Total Return's main objective is to achieve maximum total return by investing assets in a diversified portfolio of fixed income instruments of varying maturities which may be represented by derivatives.
[4] External Mutual Funds—Real Return's main objective is to seek to achieve maximum total return after inflation consistent with preservation of real capital and prudent investment management.
[5] External Mutual Funds—Conservative's main objective is to seek to achieve a high level of current income with some consideration given to the growth of capital by investing in fixed-income securities.