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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share, Basic and Diluted
The computation of earnings per share is as follows:
 
Three Months Ended March 31,
 
2016
 
2015
 
 
Net income (loss)
$
(7,995
)
 
$
19,418

Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds
(4,297
)
 
2,720

Net income (loss) attributable to Cowen Group, Inc.
(3,698
)
 
16,698

Preferred stock dividends
1,698

 
—

Net income (loss) attributable to Cowen Group, Inc. common stockholders
$
(5,396
)
 
$
16,698

 
 
 
 
Shares for basic and diluted calculations:
 
 
 
Weighted average shares used in basic computation
106,364

 
112,053

Stock options
—

 
—

Performance based restricted stock
—

 
411

Stock appreciation rights
—

 
119

Restricted stock
—

 
6,007

Weighted average shares used in diluted computation
106,364

 
118,590

Earnings (loss) per share:
 
 
 
Basic
$
(0.05
)
 
$
0.15

Diluted
$
(0.05
)
 
$
0.14