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Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Computation of earnings per share:                
Net income (loss) $ 10,143 $ 30,006 $ 22,132 $ 58,015        
Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds 4,331 24,607 6,537 35,763        
Net income (loss) attributable to Cowen Inc. 5,812 5,399 15,595 22,252        
Preferred stock dividends 1,698 1,698 3,396 3,396        
Net income (loss) attributable to Cowen Inc. common stockholders $ 4,114 $ 3,701 $ 12,199 $ 18,856        
Shares for basic and diluted calculations:                
Weighted average shares used in basic computation, shares 29,769,000 29,769,000 29,766,000 29,688,000        
Weighted average shares used in diluted computation, shares 31,522,000 30,720,000 31,572,000 30,460,000        
Earnings (loss) per share:                
Earnings Per Share, Basic (in dollars per share) $ 0.14 $ 0.12 $ 0.41 $ 0.64        
Earnings Per Share, Diluted (in dollars per share) $ 0.13 $ 0.12 $ 0.39 $ 0.62        
Restricted Stock                
Shares for basic and diluted calculations:                
Shares attributable to share-based payment awards, shares 1,753,000 951,000 1,806,000 772,000        
Common Stock Class A                
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]                
Common stock, shares outstanding, shares 29,480,287.000 29,609,472 29,480,287.000 29,609,472 29,580,687 28,437,860 29,517,000 29,632,020.00
Common stock, restricted shares, shares 174,285   174,285     253,772