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VIE Consolidated Balance Sheet Detail (Details) - USD ($)
$ in Thousands
Jun. 30, 2016
Mar. 31, 2016
Jun. 30, 2015
Mar. 31, 2015
Variable Interest Entity        
REDEEMABLE NONCONTROLLING INTERESTS $ 722,562 $ 175,785 $ 55,513 $ 45,520
Variable Interest Entity, Primary Beneficiary [Member]        
Variable Interest Entity        
Current Assets [1] 173,895 110,631    
Non-current Assets [1] 7,601 84    
TOTAL ASSETS [1] 181,496 110,715    
Current Liabilities [1] 6,778 4,548    
Non-current Liabilities [1] 0 0    
TOTAL LIABILITIES [1] 6,778 4,548    
REDEEMABLE NONCONTROLLING INTERESTS [1] 153,877 94,027    
Total Stockholders' Equity [1] 20,841 12,140    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY [1] 181,496 110,715    
Consolidated Legg Mason, Inc.        
Variable Interest Entity        
Current Assets 1,702,319 2,385,044    
Non-current Assets 6,594,274 5,135,402    
TOTAL ASSETS 8,296,593 7,520,446    
Current Liabilities 1,116,111 841,553    
Non-current Liabilities 2,340,350 2,267,343    
TOTAL LIABILITIES 3,456,461 3,108,896    
REDEEMABLE NONCONTROLLING INTERESTS 722,562 175,785    
Total Stockholders' Equity 4,117,570 4,235,765 $ 4,522,206  
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 8,296,593 7,520,446    
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]        
Variable Interest Entity        
Current Assets [1] 1,587,872 2,288,080    
Non-current Assets [1] 6,586,673 5,135,318    
TOTAL ASSETS [1] 8,174,545 7,423,398    
Current Liabilities [1] 1,109,333 837,031    
Non-current Liabilities [1] 2,340,350 2,267,343    
TOTAL LIABILITIES [1] 3,449,683 3,104,374    
REDEEMABLE NONCONTROLLING INTERESTS [1] 607,179 81,649    
Total Stockholders' Equity [1] 4,117,683 4,237,375    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY [1] 8,174,545 7,423,398    
Consolidation, Eliminations [Member]        
Variable Interest Entity        
Current Assets (59,448) (13,667)    
Non-current Assets 0 0    
TOTAL ASSETS (59,448) (13,667)    
Current Liabilities 0 (26)    
Non-current Liabilities 0 0    
TOTAL LIABILITIES 0 (26)    
REDEEMABLE NONCONTROLLING INTERESTS (38,494) 109    
Total Stockholders' Equity (20,954) (13,750)    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ (59,448) $ (13,667)    
[1] Other represents consolidated sponsored investment vehicles that are not designated as CIVs.