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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
Other comprehensive income (loss):        
Foreign currency translation adjustment   $ (41,547) $ (90,103)  
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, before Tax     (2,493)  
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax     2,718  
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax       $ (405)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax     1,708  
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax   492    
Consolidated Legg Mason, Inc.        
NET INCOME   336,350 286,703 (32,910)
Other comprehensive income (loss):        
Foreign currency translation adjustment   48,556 (32,924) (8,525)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, before Tax   0 2,493 0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax   0 (2,718) 0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax $ 0 0 1,708  
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax   0 2,718 0
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax $ 0 0 1,708  
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax   0 0 0
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, before Tax   3,046 (9,860) 2,774
Total other comprehensive income (loss)   51,602 (40,291) (5,751)
COMPREHENSIVE INCOME   387,952 246,412 (38,661)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest   50,894 59,600 (11,738)
COMPREHENSIVE INCOME ATTRIBUTABLE TO LEGG MASON, INC.   337,058 186,812 (26,923)
AOCI Attributable to Parent [Member] | Consolidated Legg Mason, Inc.        
Other comprehensive income (loss):        
Foreign currency translation adjustment   48,556    
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, before Tax   0 (2,493) 0
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, before Tax   $ 3,046 $ (9,860) $ 2,774