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Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Treasury Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings/(Accumulated deficit)
Nonredeemable Noncontrolling Interests [Member]
Permanent Equity [Member]
Redeemable Noncontrolling Interests [Member]
Common Stock Class A
Preferred Stock
Convertible Preferred Stock
Retained Earnings/(Accumulated deficit)
Common stock                 $ 292    
Stockholders' Equity Attributable to Noncontrolling Interest           $ 98,678          
Common stock, shares outstanding, start at Dec. 31, 2016                 26,731,289    
Balance, start at Dec. 31, 2016 $ 772,650 $ (153,845) $ 928,646 $ (2) $ (2,442)       $ 871,328 $ 1  
Preferred stock, shares outstanding, start at Dec. 31, 2016                   120,750  
Redeemable Non-controlling Interest, start at Dec. 31, 2016 280,527                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) attributable to Cowen Inc. (60,882)       (60,882)   $ (60,882)        
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Nonredeemable           16,134 16,134        
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries and investment funds 7,657                    
Foreign currency translation (6)     (6)     (6)        
Capital contributions 89,034         30,078 30,078        
Capital withdrawals (42,201)         39,303 39,303        
Common stock issued during period, shares, acquisitions                 3,162,278    
Common stock issued during period, value, acquisitions 47,607   47,575       47,607   $ 32    
Restricted stock awards issued, shares                 2,060,927    
Purchase of treasury stock, at cost, shares                 (2,322,474)    
Purchase of treasury stock, at cost (33,001) (33,001)         (33,001)        
Preferred stock dividends (6,792)           (6,792)       $ (6,792)
Amortization of share based compensation 28,443   28,443       28,443        
Common stock, shares outstanding, end at Dec. 31, 2017                 29,632,020    
Balance, end at Dec. 31, 2017 748,019 (186,846) 1,004,664 (8) (70,116)       $ 853,606 $ 1  
Preferred stock, shares outstanding, end at Dec. 31, 2017                   120,750  
Redeemable Non-controlling Interest, end at Dec. 31, 2017 335,017                    
Common stock                 $ 324    
Stockholders' Equity Attributable to Noncontrolling Interest           105,587          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Cumulative Effect on Retained Earnings, Net of Tax (559)           (559)        
Net income (loss) attributable to Cowen Inc. 42,819       42,819   42,819        
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Nonredeemable           12,308 12,308        
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries and investment funds 24,752                    
Foreign currency translation 3     3     3        
Capital contributions 107,117         7,888 7,888        
Capital withdrawals (249,963)         28,344 28,344        
Deconsolidation of investment funds (32,559)         (32,559) (32,559)        
Common stock issued during period, value, acquisitions 0                    
Restricted stock awards issued, shares                 2,009,435    
Purchase of treasury stock, at cost, shares                 (3,203,595)    
Purchase of treasury stock, at cost (47,296) (47,296)         47,296        
Preferred stock dividends (6,792)           6,792       (6,792)
Embedded Cash Conversion Option 28,974   21,195       21,195        
Amortization of share based compensation 37,018   37,018       37,018        
Common stock, shares outstanding, end at Dec. 31, 2018                 28,437,860    
Balance, end at Dec. 31, 2018 $ 859,287 (234,142) 1,062,877 (5) (34,648)       $ 859,287 $ 1  
Preferred stock, shares outstanding, end at Dec. 31, 2018 120,750                 120,750  
Redeemable Non-controlling Interest, end at Dec. 31, 2018               $ 216,923      
Total Stockholders' Equity $ 794,407                    
Common stock                 $ 324    
Stockholders' Equity Attributable to Noncontrolling Interest 64,880         64,880          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) attributable to Cowen Inc. 24,631       24,631   24,631        
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Nonredeemable           22,797 22,797        
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries and investment funds 8,442                    
Foreign currency translation 0     0     0        
Capital contributions 266,504         11,655 11,655        
Capital withdrawals (100,594)         5,012 5,012        
Deconsolidation of investment funds 0                    
Common stock issued during period, shares, acquisitions                 1,033,350    
Common stock issued during period, value, acquisitions 14,446   14,436       14,446   $ 10    
Restricted stock awards issued, shares                 2,407,857    
Purchase of treasury stock, at cost, shares                 (3,268,710)    
Purchase of treasury stock, at cost (50,159) (50,159)         50,159        
Preferred stock dividends (6,792)           6,792       $ (6,792)
Embedded Cash Conversion Option (596)   (596)       (596)        
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net 21,195                    
Amortization of share based compensation 33,918   33,918       $ 33,918        
Common stock, shares outstanding, end at Dec. 31, 2019                 28,610,357    
Balance, end at Dec. 31, 2019 $ 904,175 $ (284,301) $ 1,110,635 $ (5) $ (16,809)       $ 904,175 $ 1  
Preferred stock, shares outstanding, end at Dec. 31, 2019 120,750                 120,750  
Redeemable Non-controlling Interest, end at Dec. 31, 2019               $ 391,275      
Total Stockholders' Equity $ 809,855                    
Common stock                 $ 334    
Stockholders' Equity Attributable to Noncontrolling Interest $ 94,320         $ 94,320