XML 70 R57.htm IDEA: XBRL DOCUMENT v3.3.1.900
Acquisition (Details) - USD ($)
4 Months Ended 12 Months Ended
Dec. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Business Acquisition [Line Items]        
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Low $ 100,000 $ 100,000 $ 900,000  
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High 10,000,000 10,000,000 7,100,000  
Goodwill Impairment   0 2,334,000 $ 0
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability   (200,000) (2,055,000) $ 0
Cowen Prime and Cowen Prime Trading        
Business Acquisition [Line Items]        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Contingent Liability 3,600,000 3,600,000    
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Low 0 0    
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High 7,200,000 7,200,000    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents 2,966,000 2,966,000    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Receivable from brokers 5,327,000 5,327,000    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Fixed Assets 644,000 644,000    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Fees Receivable 983,000 983,000    
Intangible Assets, Net (Including Goodwill) 19,900,000 19,900,000    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets 684,000 684,000    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Payable to brokers (153,000) (153,000)    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Compensation Payable (1,667,000) (1,667,000)    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities (3,250,000) (3,250,000)    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net 25,434,000 25,434,000    
Business Acquisition, Transaction Costs 1,000,000 1,000,000    
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual 13,400,000      
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual $ 1,400,000      
Revenues   496,543,000 473,192,000  
Net income (loss) attributable to Cowen Group, Inc. common stockholders   $ 40,613,000 $ 167,238,000  
Net income per common share - Basic (in dollars per share)   $ 0.37 $ 1.45  
Net income per common share - Diluted (in dollars per share)   $ 0.35 $ 1.39  
Cowen Equity Finance        
Business Acquisition [Line Items]        
Impairment of Intangible Assets, Finite-lived     $ 900,000  
Cash [Member] | Cowen Prime and Cowen Prime Trading        
Business Acquisition [Line Items]        
Business Combination, Consideration Transferred   $ 42,300,000    
Common Stock | Cowen Prime and Cowen Prime Trading        
Business Acquisition [Line Items]        
Business Combination, Consideration Transferred   3,000,000    
Broker-Dealer        
Business Acquisition [Line Items]        
Goodwill Impairment   $ 0 2,334,000  
Broker-Dealer | Cowen Equity Finance        
Business Acquisition [Line Items]        
Goodwill Impairment     2,300,000  
Orchard Square Partners        
Business Acquisition [Line Items]        
Assets under Management, Carrying Amount     420,800,000  
Gain (Loss) on Disposition of Business     $ 4,500,000