Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Revenues
Interest on delinquent association fees	$ 2,935,517	$ 3,640,233
Administrative and late fees	259,653	383,773
Recoveries in excess of cost - special product	172,884	143,106
Underwriting fees and other revenues	286,435	385,683
Rental revenue	737,490	347,040
Total revenues	4,391,979	4,899,835
Operating expenses
Staff costs & payroll	1,887,830	3,220,005
Professional fees	2,459,888	2,105,143
Settlement costs with associations	269,576	654,750
Selling, general and administrative	762,268	1,080,130
Real estate management and disposal	551,708	499,647
Depreciation and amortization	95,447	72,114
Collection costs	228,763	292,791
Bad debt allowance - related party	1,408,589
Provision for credit losses	141,286
Other operating	58,377	62,004
Total operating expenses	7,863,732	7,986,584
Operating loss	(3,471,753)	(3,086,749)
Loss on litigation	(505,000)
Loss on settlement of debt exchange	(604,779)
Interest expense	(614,111)	(594,600)
Total other expenses	(1,723,890)	(594,600)
Loss before income taxes	(5,195,643)	(3,681,349)
Income tax (reduction) benefit	3,431,536	(1,310,959)
Net loss to common stockholders	$ (8,627,179)	$ (2,370,390)
Loss per share attributable to the stockholders of LM Funding America, Inc.
Basic	$ (2.57)	$ (0.72)
Diluted	$ (2.57)	$ (0.72)
Weighted average number of common shares outstanding
Basic	3,359,963	3,300,000
Diluted	3,359,963	3,300,000