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Common Shares and Earnings Per Common Share - Earnings Per Share Computation (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Numerator for earnings per share:                      
Net income attributable to Leucadia National Corporation common shareholders $ (271,601) $ 99,351 $ 58,193 $ 281,408 $ 137,171 $ 154,358 $ 57,289 $ (222,880) $ 167,351 $ 125,938 $ 279,587
Allocation of earnings to participating securities                 (610) (574) (4,711)
Net income attributable to Leucadia National Corporation common shareholders for basic earnings per share                 166,741 125,364 274,876
Adjustment to allocation of earnings to participating securities related to diluted shares                 (14) (19) (34)
Mandatorily redeemable convertible preferred share dividends                 0 0 0
Net income attributable to Leucadia National Corporation common shareholders for diluted earnings per share                 $ 166,727 $ 125,345 $ 274,842
Denominator for earnings per share:                      
Denominator for basic earnings per share – weighted average shares (shares) 366,000,000 367,828,000 369,212,000 369,267,000 369,299,000 370,404,000 372,556,000 372,367,000 368,197,000 371,211,000 372,430,000
Mandatorily redeemable convertible preferred shares (shares)                 0 0 0
Denominator for diluted earnings per share (shares) 366,000,000 370,198,000 371,552,000 375,721,000 374,693,000 374,567,000 372,556,000 372,367,000 370,701,000 371,518,000 372,431,000
Weighted average shares of participating securities                 1,401,000 1,986,800 6,500,000
Dividends declared on participating securities                 $ 400 $ 400 $ 1,500
Stock options                      
Denominator for earnings per share:                      
Dilutive effect of share-based payment arrangements (shares)                 24,000 0 1,000
Restricted Stock Units (RSUs)                      
Denominator for earnings per share:                      
Dilutive effect of share-based payment arrangements (shares)                 2,480,000 307,000 0