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Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Computation of earnings per share:        
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 0    
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, shares 106,364,000 112,053,000    
Weighted average shares used in diluted computation, shares 106,364,000 118,590,000    
Earnings (loss) per share:        
Earnings Per Share, Basic (in dollars per share) $ (0.05) $ 0.15    
Earnings Per Share, Diluted (in dollars per share) $ (0.05) $ 0.14    
Stock Options        
Shares for basic and diluted calculations:        
Shares attributable to share-based payment awards, shares 0 0    
Performance based restricted stock        
Shares for basic and diluted calculations:        
Shares attributable to share-based payment awards, shares 0 411,000    
Stock Appreciation Rights        
Shares for basic and diluted calculations:        
Shares attributable to share-based payment awards, shares 0 119,000    
Restricted Stock        
Shares for basic and diluted calculations:        
Shares attributable to share-based payment awards, shares 0 6,007,000    
Common Stock Class A        
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Common stock, shares outstanding, shares 106,078,205 111,168,897 105,604,658 111,691,199.000
Common stock, restricted shares, shares 497,570   497,570