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VIE Consolidated Balance Sheet Detail (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Mar. 31, 2017
Jun. 30, 2016
Mar. 31, 2016
Variable Interest Entity        
REDEEMABLE NONCONTROLLING INTERESTS $ 684,203 $ 677,772 $ 722,562 $ 175,785
Variable Interest Entity, Primary Beneficiary [Member]        
Variable Interest Entity        
Current Assets [1] 97,091 77,406    
Non-current Assets [1] 9,968 9,987    
TOTAL ASSETS [1] 107,059 87,393    
Current Liabilities [1] 1,762 736    
Non-current Liabilities [1] 0 0    
TOTAL LIABILITIES [1] 1,762 736    
REDEEMABLE NONCONTROLLING INTERESTS [1] 12,691 26,853    
Total Stockholders' Equity [1] 92,606 59,804    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY [1] 107,059 87,393    
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]        
Variable Interest Entity        
Current Assets [1] 1,541,578 1,749,959    
Non-current Assets [1] 6,441,831 6,481,376    
TOTAL ASSETS [1] 7,983,409 8,231,335    
Current Liabilities [1] 584,635 808,664    
Non-current Liabilities [1] 2,789,069 2,792,084    
TOTAL LIABILITIES [1] 3,373,704 3,600,748    
REDEEMABLE NONCONTROLLING INTERESTS [1] 614,819 619,302    
Total Stockholders' Equity [1] 3,994,886 4,011,285    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY [1] 7,983,409 8,231,335    
Consolidated Legg Mason, Inc.        
Variable Interest Entity        
Current Assets 1,605,601 1,801,747    
Non-current Assets 6,448,828 6,488,668    
TOTAL ASSETS 8,054,429 8,290,415    
Current Liabilities 586,384 809,387    
Non-current Liabilities 2,789,069 2,792,084    
TOTAL LIABILITIES 3,375,453 3,601,471    
REDEEMABLE NONCONTROLLING INTERESTS 684,203 677,772    
Total Stockholders' Equity 3,994,773 4,011,172 $ 4,117,570  
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 8,054,429 8,290,415    
Consolidation, Eliminations [Member]        
Variable Interest Entity        
Current Assets (33,068) (25,618)    
Non-current Assets (2,971) (2,695)    
TOTAL ASSETS (36,039) (28,313)    
Current Liabilities (13) (13)    
Non-current Liabilities 0 0    
TOTAL LIABILITIES (13) (13)    
REDEEMABLE NONCONTROLLING INTERESTS 56,693 31,617    
Total Stockholders' Equity (92,719) (59,917)    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ (36,039) $ (28,313)    
[1] Other represents consolidated sponsored investment products (VREs) that are not designated as CIVs.