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Acquisition (Narrative) (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Jan. 02, 2019
Jan. 01, 2019
Business Acquisition [Line Items]          
Purchase of business $ 48,581 $ 0 $ 55,049    
Business combination, contingent consideration, liability 30,896 3,070      
Amortization of Intangible Assets 13,100 5,000 6,100    
Revenues 1,049,443 966,916 658,781    
Net income (loss) attributable to Cowen Inc. 24,631 42,819 (60,882)    
Operating lease right-of-use assets 92,852 0     $ 103,694
Business Combination, Bargain Purchase, Gain Recognized, Amount 0 0 6,914    
Restructuring Costs 0 $ 0 $ 8,763    
Quarton          
Business Acquisition [Line Items]          
Total estimated purchase price 103,000        
Purchase of business 75,300        
Business combination, contingent consideration, liability       $ 40,000  
Other payments to acquire businesses 600        
Business combination, contingency liability, retention of employee, bonus pool, maximum $ 10,000        
Business combination, contingency liability, retention of employee, bonus pool, period 5 years        
Business combination, contingency liability, retention of employee, bonus pool, annual maximum payout $ 2,500        
Intangible assets       22,200  
Amortization of Intangible Assets 8,900        
Business Combination, Separately Recognized Transactions, Additional Disclosures, Acquisition Cost Expensed 1,200        
Revenues 34,800        
Net income (loss) attributable to Cowen Inc. $ 5,700        
Operating lease right-of-use assets       3,200  
Common Stock Class A | Quarton          
Business Acquisition [Line Items]          
Business acquisition, equity interest issued or issuable, number of shares 1,033,350        
Business acquisition, share price   $ 14.52      
Fair Value, Measurements, Recurring | Level 3 | Quarton          
Business Acquisition [Line Items]          
Business combination, contingent consideration, liability       27,700  
Minimum | Quarton          
Business Acquisition [Line Items]          
Business combination, contingent consideration, liability       10,000  
Maximum | Quarton          
Business Acquisition [Line Items]          
Business combination, contingent consideration, liability       $ 40,000