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Supplemental Financial Information (Details)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 05, 2016
Dec. 31, 2016
USD ($)
$ / shares
shares
Sep. 30, 2016
USD ($)
$ / shares
shares
Jun. 30, 2016
USD ($)
$ / shares
shares
Mar. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Sep. 30, 2015
USD ($)
$ / shares
shares
Jun. 30, 2015
USD ($)
$ / shares
shares
Mar. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Quarterly Financial Information Disclosure [Abstract]                        
Stockholders' Equity Note, Stock Split, Conversion Ratio 0.25                      
Total revenues   $ 122,268 $ 131,027 $ 117,231 $ 101,039 $ 110,611 $ 113,254 $ 119,608 $ 121,094 $ 471,565 $ 464,567 $ 427,776
Income (loss) before income taxes   (5,037) 24,018 (39,153) (11,315) (17,781) (11,083) 13,978 26,365 (31,487) 11,479 57,836
Income tax expense (benefit)   (12,539) 8,759 (11,992) (3,320) (52,708) (5,081) 3,346 6,947 (19,092) (47,496) (124,944)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest   7,502 15,259 (27,161) (7,995) 34,927 (6,002) 10,632 19,418      
Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds   9,406 18,478 (16,705) (4,297) 4,266 4,344 3,916 2,720 6,882 15,246 15,564
Net income (loss) attributable to Cowen Group, Inc.   (1,904) (3,219) (10,456) (3,698) 30,661 (10,346) 6,716 16,698 (19,277) 43,729 167,216
Preferred stock dividends   1,698 1,698 1,698 1,698 1,717 1,603 755 0 6,792 4,075 0
Net income (loss) attributable to Cowen Group, Inc. common stockholders   $ (3,602) $ (4,917) $ (12,154) $ (5,396) $ 28,944 $ (11,949) $ 5,961 $ 16,698 $ (26,069) $ 39,654 $ 167,216
Earnings (loss) per share:                        
Earnings Per Share, Basic (in dollars per share) | $ / shares   $ (0.13) [1] $ (0.18) [1] $ (0.45) [1] $ (0.20) [1] $ 1.08 [1] $ (0.44) [1] $ 0.21 [1] $ 0.60 [1] $ (0.97) [2],[3] $ 1.44 [2],[3] $ 5.82 [2],[3]
Earnings Per Share, Diluted (in dollars per share) | $ / shares   $ (0.13) [1] $ (0.18) [1] $ (0.45) [1] $ (0.20) [1] $ 1.03 [1] $ (0.44) [1] $ 0.20 [1] $ 0.56 [1] $ (0.97) [2],[3] $ 1.37 [2],[3] $ 5.60 [2],[3]
Weighted average common shares outstanding:                        
Basic (in shares) | shares   26,973 [1] 26,993 [1] 26,867 [1] 26,591 [1] 26,809 [1] 27,297 [1] 27,978 [1] 28,013 [1] 26,857 [3] 27,522 [3] 28,731 [2],[3]
Diluted (in shares) | shares   26,973 [1] 26,993 [1] 26,867 [1] 26,591 [1] 28,182 [1] 27,297 [1] 29,556 [1] 29,647 [1] 26,857 [2],[3] 29,043 [2],[3] 29,871 [2],[3]
[1] Share and per share amounts have been retroactively updated to reflect the one-for-four reverse stock split effective as of December 5, 2016.
[2] Share and per share amounts have been retroactively updated to reflect the one-for-four reverse stock split effective as of December 5, 2016.
[3] Share and per share amounts have been retroactively updated to reflect the one-for-four reverse stock split effective as of December 5, 2016.