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Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Dec. 31, 2016
Computation of earnings per share:            
Net income (loss) $ 20,778 $ 9,828 $ 78,793 $ 50,502    
Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds 5,290 5,162 41,053 35,412    
Net income (loss) attributable to Cowen Inc. 15,488 4,666 37,740 15,090    
Preferred stock dividends 1,698 1,698 5,094 5,094    
Net income (loss) attributable to Cowen Inc. common stockholders $ 13,790 $ 2,968 $ 32,646 $ 9,996    
Shares for basic and diluted calculations:            
Weighted average shares used in basic computation, shares 29,610,000 31,271,000 29,662,000 29,004,000    
Weighted average shares used in diluted computation, shares 30,844,000 32,246,000 30,613,000 30,011,000    
Earnings (loss) per share:            
Earnings Per Share, Basic (in dollars per share) $ 0.47 $ 0.09 $ 1.10 $ 0.34    
Earnings Per Share, Diluted (in dollars per share) $ 0.45 $ 0.09 $ 1.07 $ 0.33    
Stock Options            
Shares for basic and diluted calculations:            
Shares attributable to share-based payment awards, shares   0 0 0    
Stock Appreciation Rights            
Shares for basic and diluted calculations:            
Shares attributable to share-based payment awards, shares 0 20,000 0 15,000    
Restricted Stock            
Shares for basic and diluted calculations:            
Shares attributable to share-based payment awards, shares 1,234,000 955,000 951,000 992,000    
Common Stock Class A            
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]            
Common stock, shares outstanding, shares 29,142,547 31,087,458 29,142,547 31,087,458 29,632,020 26,731,289.000
Common stock, restricted shares, shares 253,772   253,772   191,962