Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues:
Interest on delinquent association fees	$ 1,118,551	$ 1,640,629	$ 2,301,338	$ 2,912,060
Administrative and late fees	120,662	174,456	238,197	299,932
Recoveries in excess of cost - special product	8,656	65,113	115,161	143,327
Underwriting and origination fees	119,804	98,206	234,725	162,745
Rental revenue	67,553	37,699	122,541	85,672
Total revenues	1,435,226	2,016,103	3,011,962	3,603,736
Operating Expenses:
Staff costs and payroll	844,572	306,989	1,653,173	611,505
Professional fees	554,769	133,957	1,122,242	387,510
Other operating expenses	675,259	437,292	1,415,331	868,260
Total operating expenses	2,074,600	878,238	4,190,746	1,867,275
Operating (loss) income	(639,374)	1,137,865	(1,178,784)	1,736,461
Interest expense	130,887	208,944	270,494	402,825
(Loss) income before income taxes	(770,261)	928,921	(1,449,278)	1,333,636
Income tax benefit	(274,678)		(517,427)
Net (loss) income	(495,583)	928,921	(931,851)	1,333,636
Net (income) attributable to non-controlling interest		(48,157)		(85,283)
Net loss to common stockholders’	$ (495,583)		$ (931,851)
Loss per share attributable to the stockholders’ of LM Funding America, Inc.
Basic	$ (0.15)		$ (0.28)
Diluted	$ (0.15)		$ (0.28)
Weighted average number of common shares outstanding
Basic	3,300,000		3,300,000
Diluted	3,300,000		3,300,000
Predecessor [Member]
Operating Expenses:
Net (income) attributable to predecessor members		$ (880,764)		$ (1,248,353)