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Description of Business (Details)
Dec. 04, 2019
USD ($)
contract
Aug. 16, 2019
USD ($)
Oct. 14, 2020
numberOfRestructuringAgreements
Sep. 15, 2020
numberOfLicenses
Aug. 31, 2020
USD ($)
contract
Dec. 11, 2019
Nov. 30, 2019
USD ($)
contract
Aug. 31, 2019
Jul. 28, 2017
Apr. 18, 2017
Organization and Nature of Operations [Line Items]                    
Investment in limited partnership         $ 152,450,000   $ 137,849,000 [1]      
Investment in life settlements fair value             $ 1,297,000      
Proceeds from maturity of life settlements $ 12,700,000                  
8.5% Senior Secured Notes                    
Organization and Nature of Operations [Line Items]                    
Debt interest rate         8.50%   8.50% [1] 8.50% 8.50%  
5.0% Convertible Notes                    
Organization and Nature of Operations [Line Items]                    
Debt interest rate         5.00%   5.00% [1] 5.00%   5.00%
Secured Notes | 8.5% Senior Secured Notes                    
Organization and Nature of Operations [Line Items]                    
Debt interest rate                 8.50%  
Convertible Notes | 5.0% Convertible Notes                    
Organization and Nature of Operations [Line Items]                    
Debt interest rate           5.00%        
Subsequent Event                    
Organization and Nature of Operations [Line Items]                    
Number of restructuring support agreements | numberOfRestructuringAgreements     2              
Subsequent Event | Secured Notes | 8.5% Senior Secured Notes                    
Organization and Nature of Operations [Line Items]                    
Debt interest rate     8.50%              
Subsequent Event | Convertible Notes | 5.0% Convertible Notes                    
Organization and Nature of Operations [Line Items]                    
Debt interest rate     5.00%              
White Eagle                    
Organization and Nature of Operations [Line Items]                    
Number of life insurance policies canceled | contract 2                  
Proceeds from maturity of life settlements $ 2,000,000.0                  
Sun Life                    
Organization and Nature of Operations [Line Items]                    
Number of life insurance policies canceled | contract 31                  
Investment in life settlements fair value $ 163,500,000                  
Proceeds from maturity of life settlements 36,100,000                  
Sun Life | White Eagle                    
Organization and Nature of Operations [Line Items]                    
Investment in life settlements fair value $ 141,500,000                  
Number of policies owned | contract 28                  
Number of life insurance policies in receivable for maturity | contract 1                  
Receivable from maturity of life insurance contracts $ 10,000,000.0                  
Payments for sale of life insurance contracts $ 13,400,000                  
Sun Life | Emergent Capital, Inc.                    
Organization and Nature of Operations [Line Items]                    
Number of life insurance policies canceled | contract 2                  
Investment in life settlements fair value $ 12,000,000.0                  
Proceeds from maturity of life settlements 12,700,000                  
Sun Life | Wilmington Trust                    
Organization and Nature of Operations [Line Items]                    
Payments for sale of life insurance contracts 10,000,000.0                  
Sun Life | Class A Interests | White Eagle                    
Organization and Nature of Operations [Line Items]                    
Payments for sale of life insurance contracts $ 13,400,000                  
WE Investment                    
Organization and Nature of Operations [Line Items]                    
Investment in life settlements fair value         $ 2,400,000,000          
Number of policies owned | contract         500          
WE Investment | Lamington                    
Organization and Nature of Operations [Line Items]                    
Equity investment ownership percentage   27.50%                
Investment in limited partnership   $ 138,900,000     $ 152,500,000   $ 137,800,000      
Subsidiaries | Subsequent Event | ILS                    
Organization and Nature of Operations [Line Items]                    
Number of states in which life settlement licenses were sold | numberOfLicenses       12            
Number of states in which life settlement licenses were surrendered | numberOfLicenses       17            
Subsidiaries | WE Investment                    
Organization and Nature of Operations [Line Items]                    
Equity investment ownership percentage         27.50%          
Subsidiaries | WE Investment | White Eagle                    
Organization and Nature of Operations [Line Items]                    
Investment in life settlements fair value         $ 0   $ 1,297,000      
Number of policies owned | contract         0   2      
Subsidiaries | WE Investment | Lamington                    
Organization and Nature of Operations [Line Items]                    
Equity investment ownership percentage   27.50%                
Affiliates | Class A Interests | White Eagle                    
Organization and Nature of Operations [Line Items]                    
Proceeds from sale of limited partnership interest   $ 366,200,000                
Affiliates | Class D Interests | White Eagle                    
Organization and Nature of Operations [Line Items]                    
Proceeds from sale of limited partnership interest   $ 8,000,000.0                
Affiliates | Palomino | White Eagle                    
Organization and Nature of Operations [Line Items]                    
Percentage of equity interest sold   72.50%                
[1] Derived from audited consolidated financial statements.