Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Revenues
Interest on delinquent association fees	$ 3,640,233	$ 5,588,697
Administrative and late fees	383,773	544,067
Recoveries in excess of cost - special product	143,106	345,686
Underwriting fees and other revenues	385,683	302,154
Rental revenue	347,040	180,157
Total revenues	4,899,835	6,960,761
Operating expenses
Staff costs & payroll	3,220,005	1,288,342
Professional fees	2,105,143	819,343
Settlement costs with associations	654,750	805,180
Selling, general and administrative	1,080,130	686,721
Real estate management and disposal	499,647	270,574
Depreciation and amortization	72,114	47,466
Collection costs	292,791	206,998
Provision for credit losses		125,000
Other operating	62,004	68,565
Operating expenses	7,986,584	4,318,189
Operating (loss) income	(3,086,749)	2,642,572
Interest expense	594,600	917,485
(Loss) income before income taxes	(3,681,349)	1,725,087
Income tax benefit	1,310,959	146,555
Net (loss) income	(2,370,390)	1,871,642
Net (income) attributable to non-controlling interest		(139,865)
Net (income) attributable to predecessor members	2,370,390	(1,731,777)
Net loss to common stockholders	$ (2,370,390)	$ (20,156)
Loss per share attributable to the stockholders of LM Funding America, Inc.
Basic	$ (0.72)	$ (0.01)
Diluted	$ (0.72)	$ (0.01)
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		$ (1,751,933)