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Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Dec. 31, 2018
Computation of earnings per share:        
Net income (loss) $ (72,111) $ 10,295    
Net Income (Loss) Attributable to Noncontrolling Interest (62,188) 512    
Net income (loss) attributable to Cowen Inc. (9,923) 9,783    
Preferred stock dividends 1,698 1,698    
Net income (loss) attributable to Cowen Inc. common stockholders $ (11,621) $ 8,085    
Shares for basic and diluted calculations:        
Weighted average shares used in basic computation, shares 28,598,000 29,750,000    
Weighted average shares used in diluted computation, shares 28,598,000 31,625,000    
Earnings (loss) per share:        
Earnings Per Share, Basic (in dollars per share) $ (0.41) $ 0.27    
Earnings Per Share, Diluted (in dollars per share) $ (0.41) $ 0.26    
Restricted Stock        
Shares for basic and diluted calculations:        
Shares attributable to share-based payment awards, shares 0 1,875,000    
Common Stock Class A        
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]        
Common stock, shares outstanding, shares 27,628,117 29,580,687 28,610,357 28,437,860
Common stock, restricted shares, shares 299,436   216,912