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Earnings Per Share (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 05, 2016
Sep. 30, 2017
USD ($)
$ / shares
shares
Sep. 30, 2016
USD ($)
$ / shares
shares
Sep. 30, 2017
USD ($)
$ / shares
shares
Sep. 30, 2016
USD ($)
$ / shares
shares
Dec. 31, 2016
shares
Dec. 31, 2015
shares
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]              
Stockholders' Equity Note, Stock Split, Conversion Ratio 0.25            
Computation of earnings per share:              
Net income (loss) | $   $ 9,828 $ 15,259 $ 50,502 $ (19,897)    
Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds | $   5,162 18,478 35,412 (2,524)    
Net income (loss) attributable to Cowen Group, Inc. | $   4,666 (3,219) 15,090 (17,373)    
Preferred stock dividends | $   1,698 1,698 5,094 5,094    
Net income (loss) attributable to Cowen Group, Inc. common stockholders | $   $ 2,968 $ (4,917) $ 9,996 $ (22,467)    
Shares for basic and diluted calculations:              
Weighted average shares used in basic computation, shares [1]   31,271,000 26,993,000 29,004,000 26,818,000    
Weighted average shares used in diluted computation, shares [1]   32,246,000 26,993,000 30,011,000 26,818,000    
Earnings (loss) per share:              
Earnings Per Share, Basic (in dollars per share) | $ / shares [1]   $ 0.09 $ (0.18) $ 0.34 $ (0.84)    
Earnings Per Share, Diluted (in dollars per share) | $ / shares [1]   $ 0.09 $ (0.18) $ 0.33 $ (0.84)    
Performance based restricted stock              
Shares for basic and diluted calculations:              
Shares attributable to share-based payment awards, shares   0 0 0 0    
Stock Appreciation Rights              
Shares for basic and diluted calculations:              
Shares attributable to share-based payment awards, shares   20,000 0 15,000 0    
Restricted Stock              
Shares for basic and diluted calculations:              
Shares attributable to share-based payment awards, shares   955,000 0 992,000 0    
Common Stock Class A              
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]              
Common stock, shares outstanding, shares   31,087,458 26,828,538 31,087,458 26,828,538 26,731,289 26,401,163
Common stock, restricted shares, shares   191,962   191,962   162,176  
[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.