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Acquisitions Schedule of Proforma Information (Tables)
 9 Months Ended
Dec. 31, 2016
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]  
Business Acquisition, Pro Forma Information, Nonrecurring Adjustments [Table Text Block]
 
 
Three Months Ended December 31,
 
Nine Months Ended December 31,
 
 
2016
 
2015
 
2016
 
2015
Revenues
 
$
715,241

 
$
736,625

 
$
2,181,127

 
$
2,280,373

Net Income Attributable to Legg Mason, Inc.
 
53,243

 
(141,399
)
 
196,830

 
(32,757
)
Net Income Per Share Attributable to Legg Mason, Inc. Shareholders:
 
 
 
 
 
 
 
 
Basic
 
$
0.52

 
$
(1.33
)
 
$
1.87

 
$
(0.30
)
Diluted
 
$
0.52

 
$
(1.33
)
 
$
1.87

 
$
(0.30
)