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Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Computation of earnings per share:      
Net income (loss) $ 55,147 $ 152,066  
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries and investment funds 20,131 4,562  
Net income (loss) attributable to Cowen Inc. 35,016 147,504  
Preferred stock dividends 1,698 1,698  
Net income (loss) attributable to Cowen Inc. common stockholders 33,318 145,806  
Dilutive Securities, Effect on Basic Earnings Per Share 41 0  
Net Income (Loss) Available to Common Stockholders, Diluted $ 33,359 $ 145,806  
Shares for basic and diluted calculations:      
Weighted average shares used in basic computation, shares 28,386,000 27,359,000  
Weighted average shares used in diluted computation, shares 31,772,000 33,565,000  
Earnings (loss) per share:      
Earnings Per Share, Basic (in dollars per share) $ 1.17 $ 5.33  
Earnings Per Share, Diluted (in dollars per share) $ 1.05 $ 4.34  
Convertible Debt      
Shares for basic and diluted calculations:      
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities 0 2,659,000  
Convertible Preferred Stock      
Shares for basic and diluted calculations:      
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities 708,000 0  
Restricted Stock      
Shares for basic and diluted calculations:      
Shares attributable to share-based payment awards, shares 2,222,000 3,102,000  
Restricted Stock | Quarton      
Shares for basic and diluted calculations:      
Shares attributable to share-based payment awards, shares 82,000 0  
Restricted Stock Units (RSUs) | Equity Plans      
Shares for basic and diluted calculations:      
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number     972,732
Performance based restricted stock      
Shares for basic and diluted calculations:      
Shares attributable to share-based payment awards, shares 374,000 445,000  
Common Stock Class A      
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]      
Common stock, shares outstanding, shares 27,614,903   27,778,964
Common stock, restricted shares, shares 246,803    
Common Stock Class A | Restricted Stock      
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]      
Common stock, shares outstanding, shares 901,374   901,374