CONSOLIDATED BALANCE SHEETS (Consolidated Legg Mason Group [Member], USD $) In Thousands	Sep. 30, 2011	Mar. 31, 2011
Consolidated Legg Mason Group [Member]
Current Assets
Cash and cash equivalents	$ 1,093,644	$ 1,375,918
Cash and cash equivalents of consolidated investment vehicles	18,393	37,153
Restricted cash	5,683	9,253
Receivables:
Investment advisory and related fees	326,173	366,571
Other	73,932	29,466
Investment securities	386,228	400,510
Investment securities of consolidated investment vehicles	58,312	82,829
Deferred income taxes	82,429	82,174
Other	55,735	59,700
Other current assets of consolidated investment vehicles	4,394	2,982
Total current assets	2,104,923	2,446,556
Fixed assets, net	266,302	286,705
Intangible assets, net	3,865,477	3,876,775
Goodwill	1,282,048	1,311,652
Investments of consolidated investment vehicles	292,795	312,765
Deferred income taxes	197,524	232,394
Other	241,466	239,210
Other assets of consolidated investment vehicles	8,614	1,699
Total Assets	8,259,149	8,707,756
Current Liabilities
Accrued compensation	293,553	368,164
Accounts payable and accrued expenses	189,440	207,870
Short-term borrowings	250,000	250,000
Current portion of long-term debt	1,008	792
Other	76,134	87,393
Other current liabilities of consolidated investment vehicles	10,238	54,753
Total current liabilities	820,373	968,972
Deferred compensation	60,353	92,487
Deferred income taxes	247,933	266,193
Other	140,466	90,059
Other liabilities of consolidated investment vehicles	4,285	3,553
Long-term debt	1,116,660	1,201,076
Long-term debt of consolidated investment vehicles	267,714	278,320
Total Liabilities	2,657,784	2,900,660
Commitments and Contingencies (Note 8)
Redeemable Noncontrolling Interest	45,628	36,712
Stockholders' Equity
Common stock, par value $.10; authorized 500,000,000 shares; issued 139,762,432 shares and 150,218,810 shares, respectively	13,976	15,022
Additional paid-in capital	3,842,784	4,111,095
Employee stock trust	(35,033)	(34,466)
Deferred compensation employee stock trust	35,033	34,466
Retained earnings	1,632,905	1,539,984
Appropriated retained earnings of consolidated investment vehicle	5,120	10,922
Accumulated other comprehensive income, net	60,952	93,361
Total Stockholders' Equity	5,555,737	5,770,384
Total Liabilities and Stockholders' Equity	$ 8,259,149	$ 8,707,756