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Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Dec. 31, 2016
Computation of earnings per share:        
Net income (loss) $ 28,009 $ 12,089    
Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds 11,156 9,105    
Net income (loss) attributable to Cowen Inc. 16,853 2,984    
Preferred stock dividends 1,698 1,698    
Net income (loss) attributable to Cowen Inc. common stockholders $ 15,155 $ 1,286    
Shares for basic and diluted calculations:        
Weighted average shares used in basic computation, shares 29,625,000 27,061,000    
Weighted average shares used in diluted computation, shares 30,492,000 28,401,000    
Earnings (loss) per share:        
Earnings Per Share, Basic (in dollars per share) $ 0.51 $ 0.05    
Earnings Per Share, Diluted (in dollars per share) $ 0.50 $ 0.05    
Stock Options        
Shares for basic and diluted calculations:        
Shares attributable to share-based payment awards, shares 0 0    
Performance based restricted stock        
Shares for basic and diluted calculations:        
Shares attributable to share-based payment awards, shares 0 0    
Stock Appreciation Rights        
Shares for basic and diluted calculations:        
Shares attributable to share-based payment awards, shares 0 12,000    
Restricted Stock        
Shares for basic and diluted calculations:        
Shares attributable to share-based payment awards, shares 867,000 1,328,000    
Common Stock Class A        
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Common stock, shares outstanding, shares 29,517,218 27,312,493 29,632,020 26,731,289.000
Common stock, restricted shares, shares 191,962   191,962