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Significant Accounting Policies All Other - Quarterly (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
USD ($)
cowenfund
Sep. 30, 2015
USD ($)
Sep. 30, 2016
USD ($)
cowenfund
Sep. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
cowenfund
Total net assets of consolidated VIEs $ 452,000   $ 452,000   $ 1,500
Deferred rent 10,400   10,400   12,000
Deferred Rent Asset, Net, Current 100   100   $ 300
Other Expenses $ 11,898 $ 3,783 $ 32,328 $ 11,442  
Variable Interest Entity, Primary Beneficiary [Member]          
Number of funds, Consolidated | cowenfund 3   3   3
Other investment companies          
Number of funds, Consolidated | cowenfund 6   6    
Investment Company          
Number of funds, Consolidated | cowenfund 2   2    
Assets Held under Capital Leases [Member]          
Property, Plant and Equipment, Useful Life     5 years    
Minimum | Telephone and computer equipment          
Property, Plant and Equipment, Useful Life     3 years    
Minimum | Computer Software, Intangible Asset [Member]          
Property, Plant and Equipment, Useful Life     3 years    
Minimum | Furniture and Fixtures [Member]          
Property, Plant and Equipment, Useful Life     5 years    
Minimum | Leasehold improvements          
Property, Plant and Equipment, Useful Life     5 years    
Minimum | Aircraft [Member]          
Property, Plant and Equipment, Useful Life     10 years    
Minimum | Flight Equipment [Member]          
Property, Plant and Equipment, Useful Life     4 years    
Maximum | Telephone and computer equipment          
Property, Plant and Equipment, Useful Life     8 years    
Maximum | Computer Software, Intangible Asset [Member]          
Property, Plant and Equipment, Useful Life     7 years    
Maximum | Furniture and Fixtures [Member]          
Property, Plant and Equipment, Useful Life     8 years    
Maximum | Leasehold improvements          
Property, Plant and Equipment, Useful Life     15 years    
Maximum | Aircraft [Member]          
Property, Plant and Equipment, Useful Life     20 years    
Maximum | Flight Equipment [Member]          
Property, Plant and Equipment, Useful Life     10 years    
Luxembourg Reinsurance Companies [Member]          
Supplementary Insurance Information, Premium Revenue $ 8,900   $ 23,200    
Other Expenses $ 8,600   $ 20,900