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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, 2017
USD ($)
$ / shares
shares
Sep. 30, 2017
USD ($)
$ / shares
shares
Jun. 30, 2017
USD ($)
$ / shares
shares
Mar. 31, 2017
USD ($)
$ / shares
shares
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, 2017
USD ($)
$ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Quarterly Financial Information Disclosure [Abstract]                        
Stockholders' Equity Note, Stock Split, Conversion Ratio 0.25                      
Total revenues   $ 204,450 $ 178,830 $ 160,530 $ 114,971 $ 122,268 $ 131,027 $ 117,231 $ 101,039 $ 658,781 $ 471,565 $ 464,567
Income (loss) before income taxes   (46,947) 12,109 27,800 14,000 (5,037) 24,018 (39,153) (11,315) 6,962 (31,487) 11,479
Income tax expense (benefit)   40,646 2,281 (785) 1,911 (12,539) 8,759 (11,992) (3,320) 44,053 (19,092) (47,496)
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest   (87,593) 9,828 28,585 12,089 7,502 15,259 (27,161) (7,995)      
Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds   (11,621) 5,162 21,145 9,105 9,406 18,478 (16,705) (4,297) 23,791 6,882 15,246
Net income (loss) attributable to Cowen Inc.   (75,972) 4,666 7,440 2,984 (1,904) (3,219) (10,456) (3,698) (60,882) (19,277) 43,729
Preferred stock dividends   1,698 1,698 1,698 1,698 1,698 1,698 1,698 1,698 6,792 6,792 4,075
Net income (loss) attributable to Cowen Group, Inc. common stockholders   $ (77,670) $ 2,968 $ 5,742 $ 1,286 $ (3,602) $ (4,917) $ (12,154) $ (5,396) $ (67,674) $ (26,069) $ 39,654
Earnings (loss) per share:                        
Earnings Per Share, Basic (in dollars per share) | $ / shares   $ (2.51) $ 0.09 $ 0.20 $ 0.05 $ (0.13) [1] $ (0.18) [1] $ (0.45) [1] $ (0.20) [1] $ (2.29) [2] $ (0.97) [2] $ 1.44 [2]
Earnings Per Share, Diluted (in dollars per share) | $ / shares   $ (2.51) $ 0.09 $ 0.19 $ 0.05 $ (0.13) [1] $ (0.18) [1] $ (0.45) [1] $ (0.20) [1] $ (2.29) [2] $ (0.97) [2] $ 1.37 [2]
Weighted average common shares outstanding:                        
Basic (in shares) | shares   30,934 31,271 28,634 27,061 26,973 [1] 26,993 [1] 26,867 [1] 26,591 [1] 29,492 [2] 26,857 [2] 27,522 [2]
Diluted (in shares) | shares   30,934 32,246 29,474 28,401 26,973 [1] 26,993 [1] 26,867 [1] 26,591 [1] 29,492 [2] 26,857 [2] 29,043 [2]
[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.