Accrued Clawback Obligations

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- Definition

Amount of revenue earned through the balance sheet date by the entity based on the investment results achieved.

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- Definition

Number Of Majority Owned Subsidiaries

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- Definition

Amount of performance fees reversed by the entity.

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- Definition

Variable Interest Entity, Nonconsolidated, Carrying Amount, Investments

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Variable Interest Entity, Nonconsolidated, Carrying Amount, Receivables

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- Definition

Amount after tax of increase (decrease) to equity or (increase) decrease to net assets, resulting from the cumulative effect adjustment of a new accounting principle applied in the period of adoption.

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- Definition

Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, netted by jurisdiction.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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- Definition

The equity interest of noncontrolling shareholders, partners or other equity holders in consolidated entity.

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No definition available.

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- Definition

The parent entity's interest in net assets of the subsidiary, expressed as a percentage.

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- Definition

The carrying amount of the consolidated Variable Interest Entity's assets included in the reporting entity's statement of financial position.

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- Definition

The carrying amount of the consolidated Variable Interest Entity's liabilities included in the reporting entity's statement of financial position.

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- Definition

The reporting entity's maximum amount of exposure to loss as a result of its involvement with the Variable Interest Entity (VIE).

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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No definition available.

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- Definition

Percentage of the Variable Interest Entity's (VIE) voting interest owned by (or beneficial interest in) the reporting entity (directly or indirectly).

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-Name Accounting Standards Codification
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-Paragraph 5A
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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017 USD ($) subsidiary	Mar. 31, 2016 USD ($)	Dec. 31, 2016 USD ($) subsidiary
Variable Interest Entity [Line Items]
Percent of voting power in Medley LLC	100.00%
Number of majority owned subsidiaries \| subsidiary	3		3
Fair value of investments in non-consolidated VIEs	$ 5,400		$ 5,100
Receivables included as a component of other assets and clawback obligation	2,000		1,900
Accrued clawback obligations	7,100		7,100
Maximum loss exposure	7,400
Reversal of performance fee	$ 2,600	$ 700
Cumulative effect of accounting change due to the adoption of ASU 2016-09			118
Retained Earnings [Member]
Variable Interest Entity [Line Items]
Cumulative effect of accounting change due to the adoption of ASU 2016-09			(120)
Additional Paid-in Capital [Member]
Variable Interest Entity [Line Items]
Cumulative effect of accounting change due to the adoption of ASU 2016-09			$ 1,039
Medley LLC [Member]
Variable Interest Entity [Line Items]
Parent ownership percentage of LLC	19.50%		19.90%
Cumulative performance fees	$ 4,800
Medley LLC [Member] \| Noncontrolling Interests [Member]
Variable Interest Entity [Line Items]
Cumulative effect of accounting change due to the adoption of ASU 2016-09			$ (801)
Accounting Standards Update 2016-09 [Member]
Variable Interest Entity [Line Items]
Deferred tax asset	118	$ 0
Accounting Standards Update 2016-09 [Member] \| Retained Earnings [Member]
Variable Interest Entity [Line Items]
Cumulative effect of accounting change due to the adoption of ASU 2016-09			(100)
Accounting Standards Update 2016-09 [Member] \| Additional Paid-in Capital [Member]
Variable Interest Entity [Line Items]
Cumulative effect of accounting change due to the adoption of ASU 2016-09			1,000
Accounting Standards Update 2016-09 [Member] \| Medley LLC [Member] \| Noncontrolling Interests [Member]
Variable Interest Entity [Line Items]
Cumulative effect of accounting change due to the adoption of ASU 2016-09			(800)
Sierra Income Corporation [Member]
Variable Interest Entity [Line Items]
Total assets of consolidated variable interest entity	54,700		51,700
Total liabilities of consolidated variable interest entity	$ 20,100		$ 22,800
Non Management [Member] \| Medley LLC [Member]
Variable Interest Entity [Line Items]
Noncontrolling interest ownership percentage of LLC	80.50%		80.10%