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Earnings (Loss) Per Common Share (Earnings Per Share Computation) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Earnings Per Share [Line Items]    
Net income (loss) attributable to Leucadia National Corporation common shareholders $ 281,408 $ (222,880)
Allocation of earnings to participating securities (1,138) 0
Net income (loss) attributable to Leucadia National Corporation common shareholders for basic earnings (loss) per share 280,270 (222,880)
Adjustment to allocation of earnings to participating securities related to diluted shares 8 0
Mandatorily redeemable convertible preferred share dividends 1,016 0
Net income (loss) attributable to Leucadia National Corporation common shareholders for diluted earnings (loss) per share $ 281,294 $ (222,880)
Denominator for basic earnings (loss) per share - weighted average shares 369,267,000 372,367,000
Dilutive effect of share-based payment awards 16,000 0
Warrants 0 0
Mandatorily redeemable convertible preferred shares 4,162,000 0
Denominator for diluted earnings (loss) per share 375,721,000 372,367,000
Weighted average shares of participating securities 1,500,000 2,899,000
3.875% Convertible Senior Debentures, due November 1, 2029 [Member]    
Earnings Per Share [Line Items]    
Convertible Senior Debenture 0 0
Senior Executive Compensation Plan [Member]    
Earnings Per Share [Line Items]    
Dilutive effect of share-based payment awards 2,276,000 0