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Earnings Per Share (Details) (USD $)
3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Warrants and Rights
Sep. 30, 2013
Warrants and Rights
Sep. 30, 2014
Warrants and Rights
Sep. 30, 2013
Warrants and Rights
Sep. 30, 2014
Stock Options
Sep. 30, 2013
Stock Options
Sep. 30, 2014
Stock Options
Sep. 30, 2013
Stock Options
Sep. 30, 2014
Stock Appreciation Rights (SARs)
Sep. 30, 2013
Stock Appreciation Rights (SARs)
Sep. 30, 2014
Stock Appreciation Rights (SARs)
Sep. 30, 2013
Stock Appreciation Rights (SARs)
Sep. 30, 2014
Restricted Stock
Sep. 30, 2013
Restricted Stock
Sep. 30, 2014
Restricted Stock
Sep. 30, 2013
Restricted Stock
Sep. 30, 2014
Common Stock Class A
Dec. 31, 2013
Common Stock Class A
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]                                            
Common stock, shares outstanding, shares                                         113,634,803 115,026,633
Common stock, restricted shares, shares                                         424,479 482,522
Computation of earnings per share:                                            
Net income (loss) $ 10,529,000 $ 8,370,000 $ 38,154,000 $ 12,637,000                                    
Net income (loss) attributable to redeemable non-controlling interests in consolidated subsidiaries and funds 4,006,000 4,759,000 13,409,000 10,509,000                                    
Net income (loss) attributable to Cowen Group, Inc. stockholders $ 6,523,000 $ 3,611,000 $ 24,745,000 $ 2,128,000                                    
Shares for basic and diluted calculations:                                            
Weighted average shares used in basic computation, shares 114,969,000 118,359,000 115,407,000 116,012,000                                    
Shares attributable to share-based payment awards, shares         0 0 0 0 0 0 0 0 59,000 311,000 57,000 296,000 3,773,000 4,038,000 4,563,000 3,583,000    
Weighted average shares used in diluted computation, shares 118,801,000 122,708,000 120,027,000 119,891,000                                    
Earnings (loss) per share:                                            
Earnings Per Share, Basic $ 0.06 $ 0.03 $ 0.21 $ 0.02                                    
Earnings Per Share, Diluted $ 0.05 $ 0.03 $ 0.21 $ 0.02