Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Revenues:
Interest on delinquent association fees	$ 77,444	$ 219,514
Administrative and late fees	15,071	23,045
Recoveries in excess of cost - special product	29,473	22,628
Underwriting and other revenues	22,703	27,929
Rental revenue	31,917	48,080
Total revenues	176,608	341,196
Operating Expenses:
Professional fees	482,943	506,995
Settlement costs with associations		11,920
Selling, general and administrative	99,769	80,223
Recovery of cost from related party receivable	(10,000)	(100,000)
Real estate management and disposal	18,290	85,342
Depreciation and amortization	1,696	5,812
Collection costs	2,048	(8,321)
Other operating expenses	7,545	3,794
Total operating expenses	1,904,272	901,824
Operating loss from continuing operations	(1,727,664)	(560,628)
Realized gain on securities	5,671,464
Unrealized gain on securities	595,392
Interest income	13,055
Interest expense	(464)	(6,894)
Income (loss) from continuing operations before income taxes	4,551,783	(567,522)
Income tax expense	(3,484)
Net income (loss) from continuing operations	4,548,299	(567,522)
Gain from operations of discontinued operations		16,428
Net gain from discontinued operations		16,428
Net income (loss)	4,548,299	(551,094)
Less: Net income attributable to non-controlling interest	(171,866)
Net income (loss) attributable to LM Funding America Inc.	$ 4,376,433	$ (551,094)
Earnings/(loss) per share:
Basic income (loss) per common share - continuing operations	$ 0.87	$ (0.88)
Basic income/(loss) per common share - discontinued operations		0.03
Basic income (loss) per common share - net income (loss) - attributable to LM Funding	0.87	(0.85)
Diluted income (loss) per common share - continuing operations	0.80	(0.88)
Diluted earnings/(loss) per common share - discontinued operations		0.03
Diluted income (loss) per common share - net income (loss) - attributable to LM Funding	$ 0.80	$ (0.85)
Weighted average number of common shares outstanding:
Basic	5,047,498	646,606
Diluted	5,439,398	646,606
Service [Member]
Operating Expenses:
Staff costs and payroll	$ 1,301,981	$ 316,059