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Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Computation of earnings per share:      
Net income (loss) $ 65,855 $ 303,991 $ 207,064
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries and investment funds (10,603) 8,380 (9,299)
Net income (loss) attributable to Cowen Inc. 76,458 295,611 216,363
Preferred stock dividends 6,792 6,792 6,792
Net income (loss) attributable to Cowen Inc. common stockholders 69,666 288,819 209,571
Dilutive Securities, Effect on Basic Earnings Per Share 55 0 0
Net Income (Loss) Available to Common Stockholders, Diluted $ 69,721 $ 288,819 $ 209,571
Shares for basic and diluted calculations:      
Weighted average shares used in basic computation, shares 28,183,000 27,721,000 27,790,000
Weighted average shares used in diluted computation, shares 31,544,000 32,628,000 29,519,000
Earnings (loss) per share:      
Earnings Per Share, Basic (in dollars per share) $ 2.47 $ 10.42 $ 7.54
Earnings Per Share, Diluted (in dollars per share) $ 2.21 $ 8.85 $ 7.10
Convertible Debt      
Shares for basic and diluted calculations:      
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities 0 1,404,000 0
Convertible Preferred Stock      
Shares for basic and diluted calculations:      
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities 949,000 0 0
Restricted Stock      
Shares for basic and diluted calculations:      
Shares attributable to share-based payment awards, shares 1,932,000 2,748,000 1,644,000
Restricted Stock | Quarton      
Shares for basic and diluted calculations:      
Shares attributable to share-based payment awards, shares 50,000 0 85,000
Restricted Stock Units (RSUs) | Equity Plans      
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]      
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 430,000 755,000 0
Common Stock Class A      
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]      
Common stock, shares outstanding, shares 28,234,289 27,778,964  
Common stock, restricted shares, shares 310,426    
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 950,919 901,374