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Nature of Business (Details)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Jul. 15, 2020
USD ($)
day
$ / shares
Dec. 31, 2019
USD ($)
shares
Jun. 12, 2019
shares
Dec. 28, 2018
USD ($)
extensionTerm
$ / shares
shares
Aug. 10, 2018
USD ($)
$ / shares
shares
Apr. 15, 2019
shares
Sep. 30, 2014
shares
Sep. 30, 2020
USD ($)
shares
Sep. 30, 2020
USD ($)
day
shares
Sep. 30, 2019
shares
Dec. 31, 2018
shares
Aug. 11, 2020
USD ($)
$ / shares
Nov. 11, 2019
Debt Instrument [Line Items]                          
Financing receivables from affiliates | $   $ 67,153,000           $ 0 $ 0        
Investment, assumed value (in usd per share) | $ / shares         $ 10                
Average closing price (in usd per share) | $ / shares                       $ 12.50  
Shares acquired (in shares) | shares   666,667                      
GWG common shares transferred (in shares) | shares           3,952,155              
Consideration transferred | $   $ 79,000,000.0                      
Change of control event, ownership threshold 25.00%             25.00% 25.00%        
Convertible units, automatic exchange, number of trading days | day 20                        
Convertible units, automatic exchange, unit price (in usd per share) | $ / shares $ 12.75                        
Convertible units, automatic exchange, minimum required capital account if all units not converted | $ $ 10,000,000                        
Ben LP                          
Debt Instrument [Line Items]                          
Convertible units, automatic exchange, number of trading days | day                 20        
Common Stock                          
Debt Instrument [Line Items]                          
Issuance of stock (in shares) | shares       27,013,516     800,000 57,183 60,871 58,009      
Common stock issued upon conversion of preferred stock (in shares) | shares       5,000,000                  
Ben LP                          
Debt Instrument [Line Items]                          
Ownership interest                     89.90%    
Investment (in shares) | shares       40,505,279 4,032,349                
Investment owned | $   319,000,000.0                   $ 57,500,000  
Shares acquired (in shares) | shares     1,000,000               40,505,279    
Ben LP | Merger Consideration                          
Debt Instrument [Line Items]                          
Investment (in shares) | shares       21,650,087                  
Ben LP | Exchange of Exchangeable Note                          
Debt Instrument [Line Items]                          
Investment (in shares) | shares       14,822,843                  
Affiliated Entity | Ben LP | Commercial Loan                          
Debt Instrument [Line Items]                          
Financing receivables from affiliates | $       $ 182,000,000.0 $ 200,000,000.0                
Notes and interest receivable | $       $ 192,500,000                  
Commercial loan, number of extensions | extensionTerm       2                  
Commercial loan, term       5 years                  
Commercial loan, interest rate       5.00%                  
Commercial loan, interest rate, due and payable monthly       0.025                  
Commercial loan, interest rate, due at maturity       0.025                  
Affiliated Entity | Ben LP | Exchangeable Note                          
Debt Instrument [Line Items]                          
Financing receivables from affiliates | $       $ 148,200,000 $ 162,900,000                
Seller Trusts and Beneficient                          
Debt Instrument [Line Items]                          
Ownership interest       89.90%                  
Shares acquired (in shares) | shares       40,505,279                  
InsurTech Holdings, LLC [Member]                          
Debt Instrument [Line Items]                          
Ownership interest                         100.00%
Series B Convertible Preferred Stock                          
Debt Instrument [Line Items]                          
Issuance of stock (in shares) | shares         5,000,000                
Preferred stock, par value (in usd per share) | $ / shares         $ 0.001                
Preferred stock, liquidation preference per share (in usd per share) | $ / shares         $ 10                
Cash consideration | $         $ 50,000,000.0                
Common stock issued upon conversion of preferred stock (in shares) | shares       5,000,000                  
Conversion price (in usd per share) | $ / shares       $ 10                  
Series A Preferred Stock | Ben LP                          
Debt Instrument [Line Items]                          
Member capital | $   $ 1,600,000,000                      
Seller Trust L Bonds due 2023                          
Debt Instrument [Line Items]                          
Principal amount | $       $ 366,900,000 $ 403,200,000                
Interest received | $       $ 800,000                  
Debt, weighted average interest rate         7.50%