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Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Computation of earnings per share:            
Net income (loss) $ (27,161) $ 10,632 $ (35,156) $ 30,050    
Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds (16,705) 3,916 (21,002) 6,636    
Net income (loss) attributable to Cowen Group, Inc. (10,456) 6,716 (14,154) 23,414    
Preferred stock dividends 1,698 755 3,396 755    
Net income (loss) attributable to Cowen Group, Inc. common stockholders $ (12,154) $ 5,961 $ (17,550) $ 22,659    
Shares for basic and diluted calculations:            
Weighted average shares used in basic computation, shares 107,471,000 111,915,000 106,918,000 111,987,000    
Weighted average shares used in diluted computation, shares 107,471,000 118,226,000 106,918,000 118,316,000    
Earnings (loss) per share:            
Earnings Per Share, Basic (in dollars per share) $ (0.11) $ 0.05 $ (0.16) $ 0.20    
Earnings Per Share, Diluted (in dollars per share) $ (0.11) $ 0.05 $ (0.16) $ 0.19    
Stock Options            
Shares for basic and diluted calculations:            
Shares attributable to share-based payment awards, shares 0 25,000 0 27,000    
Performance based restricted stock            
Shares for basic and diluted calculations:            
Shares attributable to share-based payment awards, shares 0 276,000 0 261,000    
Stock Appreciation Rights            
Shares for basic and diluted calculations:            
Shares attributable to share-based payment awards, shares 0 170,000 0 148,000    
Restricted Stock            
Shares for basic and diluted calculations:            
Shares attributable to share-based payment awards, shares 0 5,840,000 0 5,893,000    
Common Stock Class A            
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]            
Common stock, shares outstanding, shares 107,206,626 109,993,262 107,206,626 109,993,262 105,604,658 111,691,199.000
Common stock, restricted shares, shares 648,704   648,704   497,570