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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share, Basic and Diluted
The computation of earnings per share is as follows:
 
Year Ended December 31,
 
2018
 
2017
 
2016
 
(dollars in thousands, except share and per share data)
Net income (loss)
$
83,217

 
$
(37,091
)
 
$
(12,395
)
Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and investment funds
40,398

 
23,791

 
6,882

Net income (loss) attributable to Cowen Inc.
42,819

 
(60,882
)
 
(19,277
)
Preferred stock dividends
6,792

 
6,792

 
6,792

Net income (loss) attributable to Cowen Inc. common stockholders
$
36,027

 
$
(67,674
)
 
$
(26,069
)
 
 
 
 
 
 
Shares for basic and diluted calculations:
 
 
 
 
 
Weighted average shares used in basic computation
29,545

 
29,492

 
26,857

Stock options
—

 
—

 
—

Stock appreciation rights
—

 
—

 
—

Restricted stock
1,190

 
—

 
—

Weighted average shares used in diluted computation
30,735

 
29,492

 
26,857

Earnings (loss) per share:
 
 
 
 
 
Basic
$
1.22

 
$
(2.29
)
 
$
(0.97
)
Diluted
$
1.17

 
$
(2.29
)
 
$
(0.97
)