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Consolidated Statements of Changes in Equity - USD ($)
Total
Common Shares
Preferred Shares
Treasury Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings/(Accumulated deficit)
Retained Earnings/(Accumulated deficit)
Cumulative Effect, Period of Adoption, Adjustment
Cowen Inc Equity
Nonredeemable Noncontrolling Interests
Common stock outstanding, beginning balance (in shares) at Dec. 31, 2019   28,610,357                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Restricted stock awards issued (in shares)   2,174,859                
Common stock issuance for purchase of investment   0                
Common stock issuance upon acquisition (in shares)   74,694                
Purchase of treasury stock, at cost (in shares)   (4,014,282)                
Share settlement of convertible notes (in shares)   0                
Common stock outstanding, ending balance (in shares) at Dec. 31, 2020   26,845,628                
Preferred stock outstanding, beginning balance (in shares) at Dec. 31, 2019     120,750              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Modification of Series A Convertible Preferred Stock (in shares)     0              
Preferred stock outstanding, ending balance (in shares) at Dec. 31, 2020     120,750              
Balance, start at Dec. 31, 2019   $ 334,000 $ 1,000 $ (284,301,000) $ 1,110,635,000 $ (5,000) $ (16,809,000) $ (10,000) $ 809,855,000 $ 94,320,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Reclassification of Series A Convertible Preferred Stock     0   0          
Purchase of treasury stock, at cost       (62,569,000)            
Common stock issuance for purchase of investment $ 0       0          
Common stock issuance upon acquisition 926,000       926,000          
Equity portion of convertible note extinguishment         (29,645,000)          
Amortization of share based awards         48,222,000          
Foreign currency translation           (2,000)        
Net income (loss) attributable to Cowen Inc. 216,363,000           216,363,000      
Preferred dividends paid             (6,792,000)      
Cash dividends declared (6,851)           (6,851,000)      
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries and investment funds                   23,625,000
Capital contributions                   201,223,000
Capital withdrawals                   (78,251,000)
Consolidation of entity                   48,596,000
Deconsolidation of entity                   (89,889,000)
Balance, end at Dec. 31, 2020 $ 1,169,121,000 $ 334,000 $ 1,000 (346,870,000) 1,130,138,000 (7,000) 185,901,000 0 969,497,000 199,624,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Restricted stock awards issued (in shares)   2,710,719                
Common stock issuance for purchase of investment   68,980                
Common stock issuance upon acquisition (in shares)   642,862                
Purchase of treasury stock, at cost (in shares)   (5,428,066)                
Share settlement of convertible notes (in shares)   2,938,841                
Common stock outstanding, ending balance (in shares) at Dec. 31, 2021   27,778,964                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Modification of Series A Convertible Preferred Stock (in shares)     (120,750)              
Preferred stock outstanding, ending balance (in shares) at Dec. 31, 2021 120,750   0              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Reclassification of Series A Convertible Preferred Stock     $ (1,000)   (120,749,000)          
Purchase of treasury stock, at cost       (200,242,000)            
Common stock issuance for purchase of investment $ 2,500,000       2,500,000          
Common stock issuance upon acquisition 23,060,000       23,060,000          
Equity portion of convertible note extinguishment         0          
Amortization of share based awards         65,718,000          
Foreign currency translation           5,000        
Net income (loss) attributable to Cowen Inc. 295,611,000           295,611,000      
Preferred dividends paid             (6,792,000)      
Cash dividends declared (12,738,000)           (12,738,000)      
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries and investment funds                   8,380,000
Capital contributions                   55,556,000
Capital withdrawals                   (29,012,000)
Consolidation of entity                   0
Deconsolidation of entity                   (74,813,000)
Balance, end at Dec. 31, 2021 $ 1,175,604,000 $ 334,000 $ 0 (547,112,000) 1,100,667,000 (2,000) 461,982,000   1,015,869,000 159,735,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Restricted stock awards issued (in shares)   2,524,673                
Common stock issuance for purchase of investment   0                
Common stock issuance upon acquisition (in shares)   58,587                
Purchase of treasury stock, at cost (in shares)   (2,127,935)                
Share settlement of convertible notes (in shares)   0                
Common stock outstanding, ending balance (in shares) at Dec. 31, 2022   28,234,289                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Modification of Series A Convertible Preferred Stock (in shares)     0              
Preferred stock outstanding, ending balance (in shares) at Dec. 31, 2022 120,750   0              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Reclassification of Series A Convertible Preferred Stock     $ 0   0          
Purchase of treasury stock, at cost       (67,160,000)            
Common stock issuance for purchase of investment $ 0       0          
Common stock issuance upon acquisition 1,881,000       1,881,000          
Equity portion of convertible note extinguishment         0          
Amortization of share based awards         60,166,000          
Foreign currency translation           3,000        
Net income (loss) attributable to Cowen Inc. 76,458,000           76,458,000      
Preferred dividends paid             (6,792,000)      
Cash dividends declared (16,253,000)           (16,253,000)      
Net income (loss) attributable to non-controlling interests in consolidated subsidiaries and investment funds                   (10,603,000)
Capital contributions                   24,417,000
Capital withdrawals                   (10,626,000)
Consolidation of entity                   0
Deconsolidation of entity                   0
Balance, end at Dec. 31, 2022 $ 1,227,095,000 $ 334,000 $ 0 $ (614,272,000) $ 1,162,714,000 $ 1,000 $ 515,395,000 $ 0 $ 1,064,172,000 $ 162,923,000