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Supplemental Financial Information (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Supplemental Financial Information [Abstract]                      
Total revenues $ 110,611 $ 113,254 $ 119,608 $ 121,094 $ 121,096 $ 107,101 $ 92,902 $ 106,677 $ 464,567 $ 427,776 $ 328,519
Income (loss) before income taxes (17,781) (11,083) 13,978 26,365 19,416 10,670 13,644 14,106 11,479 57,836 18,297
Income tax expense (benefit) (52,708) (5,081) 3,346 6,947 (125,210) 141 46 79 (47,496) (124,944) 457
Net income (loss) from continuing operations 34,927 (6,002) 10,632 19,418 144,626 10,529 13,598 14,027      
Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds 4,266 4,344 3,916 2,720 2,155 4,006 5,216 4,187 15,246 15,564 13,193
Preferred Stock Dividends 1,717 1,603 755 0         4,075 0 0
Net income (loss) attributable to Cowen Group, Inc. 30,661 (10,346) 6,716 16,698 $ 142,471 $ 6,523 $ 8,382 $ 9,840 43,729 167,216 4,647
Net income (loss) attributable to Cowen Group, Inc. common stockholders $ 28,944 $ (11,949) $ 5,961 $ 16,698         $ 39,654 $ 167,216 $ 4,647
Earnings (loss) per share:                      
Earnings Per Share, Basic (in dollars per share) $ 0.27 $ (0.11) $ 0.05 $ 0.15 $ 1.26 $ 0.06 $ 0.07 $ 0.09 $ 0.36 $ 1.45 $ 0.04
Earnings Per Share, Diluted (in dollars per share) $ 0.26 $ (0.11) $ 0.05 $ 0.14 $ 1.21 $ 0.05 $ 0.07 $ 0.08 $ 0.34 $ 1.40 $ 0.04
Weighted average common shares outstanding:                      
Basic (in shares) 107,236 109,191 111,915 112,053 113,492 114,969 115,569 115,680 110,090 114,926 116,703
Diluted (in shares) 112,730 109,191 118,226 118,590 118,222 118,801 120,199 122,898 116,174 119,486 121,117