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Components Intangible Assets (Details 1) - USD ($)
$ in Thousands
Sep. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Finite-Lived and Indefinite-lived Intangible Assets      
Cost $ 430,753 $ 259,513  
Accumulated amortization (183,266) (171,169)  
Total 247,487 [1] 88,344  
Indefinite-life intangible assets 3,842,279 3,058,141  
U.S. Domestic Mutual Fund Management Contracts      
Finite-Lived and Indefinite-lived Intangible Assets      
Indefinite-life intangible assets 2,106,351 2,106,351  
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount     48.00%
Other Fund Management Contracts [Member]      
Finite-Lived and Indefinite-lived Intangible Assets      
Indefinite-life intangible assets 547,255 560,499  
Trade Names      
Finite-Lived and Indefinite-lived Intangible Assets      
Indefinite-life intangible assets 87,069 [1] 57,187  
Permal [Member] | Other Fund Management Contracts [Member]      
Finite-Lived and Indefinite-lived Intangible Assets      
Indefinite-life intangible assets 334,104 334,104  
EnTrust Capital [Member] | Other Fund Management Contracts [Member]      
Finite-Lived and Indefinite-lived Intangible Assets      
Indefinite-life intangible assets 262,300 0  
Clarion Partners [Member] | Other Fund Management Contracts [Member]      
Finite-Lived and Indefinite-lived Intangible Assets      
Indefinite-life intangible assets 505,200 0  
Consolidated Legg Mason, Inc.      
Finite-Lived and Indefinite-lived Intangible Assets      
Intangible assets, net 4,089,766 $ 3,146,485  
EnTrust Capital [Member]      
Finite-Lived and Indefinite-lived Intangible Assets      
Total 62,089    
EnTrust Capital [Member] | Trade Names      
Finite-Lived and Indefinite-lived Intangible Assets      
Indefinite-life intangible assets 7,400    
Clarion Partners [Member]      
Finite-Lived and Indefinite-lived Intangible Assets      
Total 98,275    
Clarion Partners [Member] | Trade Names      
Finite-Lived and Indefinite-lived Intangible Assets      
Indefinite-life intangible assets $ 23,100    
[1] As of September 30, 2016, Amortizable intangible asset management contracts, net and Trade names include $98,275 and $23,100, respectively, related to the acquisition of Clarion Partners and $62,089 and $7,400, respectively, related to the acquisition of EnTrust. See Note 3 for additional information.