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VIE Consolidated Income Statements Details (Details 2) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Condensed Income Statements, Captions [Line Items]        
Net Income (Loss) Attributable to Noncontrolling Interest $ 11,960 $ 20,091 $ 24,577 $ 31,979
Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]        
Condensed Income Statements, Captions [Line Items]        
Revenues 768,361 [1] 748,384 [1] 1,562,247 1,448,561
Total Operating Expenses 623,814 [1] 620,613 [1] 1,310,428 1,247,124
OPERATING INCOME 144,547 [1] 127,771 [1] 251,819 201,437
Total Other Non-Operating Income (Expense) (19,794) [1] (17,023) [1] (35,922) (32,518)
INCOME BEFORE INCOME TAX PROVISION 124,753 [1] 110,748 [1] 215,897 168,919
Income tax provision 38,673 [1] 29,902 [1] 66,928 45,213
NET INCOME 86,080 [1] 80,846 [1] 148,969 123,706
Net Income (Loss) Attributable to Noncontrolling Interest 10,416 [1] 14,405 [1] 22,385 23,813
Net Income Attributable to Legg Mason, Inc. 75,664 [1] 66,441 [1] 126,584 99,893
Variable Interest Entity, Primary Beneficiary [Member]        
Condensed Income Statements, Captions [Line Items]        
Revenues 0 [1] 0 [1] 0 (12)
Total Operating Expenses 127 [1] 124 [1] 195 223
OPERATING INCOME (127) [1] (124) [1] (195) (235)
Total Other Non-Operating Income (Expense) 2,131 [1] 7,103 [1] 3,371 9,651
INCOME BEFORE INCOME TAX PROVISION 2,004 [1] 6,979 [1] 3,176 9,416
Income tax provision 0 [1] 0 [1] 0 0
NET INCOME 2,004 [1] 6,979 [1] 3,176 9,416
Net Income (Loss) Attributable to Noncontrolling Interest 35 [1] 554 [1] 279 556
Net Income Attributable to Legg Mason, Inc. 1,969 [1] 6,425 [1] 2,897 8,860
Consolidated Legg Mason, Inc.        
Condensed Income Statements, Captions [Line Items]        
Revenues 768,338 748,370 1,562,180 1,448,535
Total Operating Expenses 623,919 620,737 1,310,556 1,247,347
OPERATING INCOME 144,419 127,633 251,624 201,188
Total Other Non-Operating Income (Expense) (18,122) (11,199) (33,535) (24,103)
INCOME BEFORE INCOME TAX PROVISION 126,297 116,434 218,089 177,085
Income tax provision 38,673 29,902 66,928 45,213
NET INCOME 87,624 86,532 151,161 131,872
Net Income (Loss) Attributable to Noncontrolling Interest 11,960 20,091 24,577 31,979
Net Income Attributable to Legg Mason, Inc. 75,664 66,441 126,584 99,893
Consolidation, Eliminations [Member]        
Condensed Income Statements, Captions [Line Items]        
Revenues (23) (14) (67) (14)
Total Operating Expenses (22) 0 (67) 0
OPERATING INCOME (1) (14) 0 (14)
Total Other Non-Operating Income (Expense) (459) (1,279) (984) (1,236)
INCOME BEFORE INCOME TAX PROVISION (460) (1,293) (984) (1,250)
Income tax provision 0 0 0 0
NET INCOME (460) (1,293) (984) (1,250)
Net Income (Loss) Attributable to Noncontrolling Interest 1,509 5,132 1,913 7,610
Net Income Attributable to Legg Mason, Inc. $ (1,969) $ (6,425) $ (2,897) $ (8,860)
[1] Other represents consolidated sponsored investment products (VREs) that are not designated as CIVs.