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Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangibles [Abstract]  
Schedule of Goodwill The following table presents the changes in the Company's goodwill balance, by reporting unit for the periods ended December 31, 2022 and 2021:
 Investment BankCowen Investment ManagementTotal
 (dollars in thousands)
Beginning balance - December 31, 2020  
Goodwill$141,843 $22,705 164,548 
Accumulated impairment charges(9,485)(7,979)(17,464)
Net132,358 14,726 147,084 
Activity: 2021  
Recognized goodwill (See note 3)86,921 — 86,921 
Goodwill impairment charges— — — 
Beginning balance: December 31, 2021  
Goodwill228,764 22,705 251,469 
Accumulated impairment charges(9,485)(7,979)(17,464)
Net219,279 14,726 234,005 
Activity: 2022
Recognized goodwill (See note 3)— — — 
Goodwill impairment charges— — — 
Ending balance: December 31, 2022
Goodwill228,764 22,705 251,469 
Accumulated impairment charges(9,485)(7,979)(17,464)
Net$219,279 $14,726 $234,005 
Schedule of Finite-Lived Intangible Assets Information for the Company's intangible assets that are subject to amortization is presented below as of December 31, 2022 and 2021.
  December 31, 2022December 31, 2021
 Amortization
Period		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
 (in years)(in thousands)(in thousands)
Trade names
1 - 3
$531 $(491)$40 $1,431 $(970)$461 
Customer relationships
4 - 14
53,920 (29,854)24,066 57,634 (25,121)32,513 
Backlog16,100 (6,100)— 6,100 (254)5,846 
Non-compete agreements and covenants with limiting conditions acquired5344 (155)189 344 (86)258 
Intellectual property89,368 (2,326)7,042 6,020 (1,061)4,959 
Acquired software
3 - 10
— — — 5,857 (5,727)130 
 $70,263 $(38,926)$31,337 $77,386 $(33,219)$44,167 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The estimated future amortization expense for the Company's intangible assets placed in service as of December 31, 2022 is as follows:
 (dollars in thousands)
2023$8,368 
20248,114 
20256,953 
20263,017 
20271,705 
Thereafter3,180 
$31,337