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Earnings (Loss) Per Common Share (Earnings Per Share Computation) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Numerator for earnings (loss) per share:        
Net income (loss) attributable to Leucadia National Corporation common shareholders $ 99,351 $ 154,358 $ 438,952 $ (11,233)
Allocation of earnings to participating securities (368) (2,060) (1,692) 0
Net income (loss) attributable to Leucadia National Corporation common shareholders for basic earnings (loss) per share 98,983 152,298 437,260 (11,233)
Adjustment to allocation of earnings to participating securities related to diluted shares (2) 6 3 0
Mandatorily redeemable convertible preferred share dividends 0 1,016 3,203 0
Net income (loss) attributable to Leucadia National Corporation common shareholders for diluted earnings (loss) per share $ 98,981 $ 153,320 $ 440,466 $ (11,233)
Denominator for earnings (loss) per share:        
Denominator for basic earnings (loss) per share – weighted average shares (in shares) 367,828,000 370,404,000 368,736,000 371,814,000
Dilutive effect of share-based payment awards (in shares) 23,000 1,000 22,000 0
Warrants (in shares) 0 0 0 0
Mandatorily redeemable convertible preferred shares (in shares) 0 4,162,000 4,162,000 0
Denominator for diluted earnings (loss) per share (in shares) 370,198,000 374,567,000 375,233,000 371,814,000
Weighted average shares of participating securities (in shares) 1,366,700 5,009,500 1,433,500 4,859,900
3.875% Convertible Senior Debentures, due November 1, 2029 [Member]        
Denominator for earnings (loss) per share:        
Convertible Senior Debenture (in shares) 0 0 0 0
Senior Executive Compensation Plan [Member]        
Denominator for earnings (loss) per share:        
Dilutive effect of share-based payment awards (in shares) 2,347,000 0 2,313,000 0