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Subsequent Events and Other Matters (Details)
1 Months Ended 3 Months Ended 6 Months Ended
Aug. 13, 2020
USD ($)
extensionTerm
Aug. 11, 2020
USD ($)
$ / shares
Jul. 29, 2020
USD ($)
Jul. 17, 2020
USD ($)
Jul. 15, 2020
USD ($)
$ / shares
Jul. 06, 2020
class
$ / shares
Aug. 10, 2020
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Subsequent Event [Line Items]                          
Cash, cash equivalents and restricted cash               $ 168,292,000 $ 76,885,000 $ 168,292,000 $ 76,885,000 $ 99,331,000 $ 125,436,000
Net losses attributable to common shareholders               (18,136,000) $ (25,609,000) (67,520,000) $ (44,519,000)    
LiquidTrust borrowers | Affiliated Entity                          
Subsequent Event [Line Items]                          
Related party note receivable               $ 69,400,000   $ 69,400,000      
Subsequent Event                          
Subsequent Event [Line Items]                          
Exchange transaction, minimum fair value of common stock required for exchange (in dollars per share) | $ / shares           $ 10              
Exchange transaction, number of trading days for measurement of common stock price           20 days              
Exchange transaction, number of classes of subsidiary securities required to be listed on a national securities exchange prior to exchange transaction | class           1              
Preferred stock, dividend rate, percentage (not less than)           7.50%              
Preferred stock, conversion price, maximum (in dollars per share) | $ / shares         $ 10 $ 12              
Preferred stock, convertible, trading days threshold         20 days                
Preferred stock, preferred return prior to IPO, basis spread on inflation adjustment amount         0.50%                
Preferred stock, preferred return after IPO, basis spread on inflation adjustment amount         0.75%                
Preferred stock, preferred return, denominator, basis spread minus over highest effective marginal combined tax rate         100.00%                
Change of control event, trigger threshold percentage         25.00%                
Automatic exchange of common units, threshold trading days         20 days                
Automatic exchange of common units, threshold (in dollars per share) | $ / shares         $ 12.75                
Exchange of units, capital account minimum threshold         $ 10,000,000                
Line of credit, maximum interest rate 9.50%                        
Line of credit, number of repayment installments | extensionTerm 3                        
Line of credit, amount of each installment $ 25,000,000.0                        
Line of credit, debt conversion, percent of outstanding loan balance 110.00%                        
Line of credit, repayment fee percentage 0.020                        
Line of credit, lender option to purchase preferred stock $ 152,000,000.0                        
Line of credit, lender option to purchase preferred stock, term 2 years                        
Line of credit, lender option to purchase preferred stock, senior portion of preferred stock, percentage 5.00%                        
Line of credit, lender option to purchase preferred stock, maximum threshold for tax liability $ 30,000,000                        
Line of credit, covenant, limit on incurring additional borrowings $ 10,000,000.0                        
Cash, cash equivalents and restricted cash             $ 123,500,000            
Face value of insurance benefits             19,100,000            
L Bonds Issued             $ 56,900,000            
Subsequent Event | Put Option                          
Subsequent Event [Line Items]                          
Purchase of put options       $ 14,800,000                  
Notional amount of put options       $ 300,000,000.0                  
Subsequent Event | Ben LP                          
Subsequent Event [Line Items]                          
Additional Common Units received upon exercise of option   $ 57,500,000                      
Average price (in dollars per share) | $ / shares   $ 7.10                      
Subsequent Event | Beneficient Company Holdings Preferred C Investment | LiquidTrust borrowers | Affiliated Entity                          
Subsequent Event [Line Items]                          
Conversion of note receivable to capital     $ 75,000,000.0                    
Conversion of note receivable, additional potential capital interests     $ 5,000,000.0                    
Subsequent Event | LIBOR                          
Subsequent Event [Line Items]                          
Line of credit, basis spread on variable rate 8.00%