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Fair Value Measurements - Summary of the assets and liabilities that are measured at fair value on a recurring basis (Details) - USD ($)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Asset of BSIF and consolidated Funds    
Investments in unconsolidated Funds $ 114.7 $ 303.8
Total fair value assets 254.6 303.8
Liabilities of consolidated Funds    
Total fair value liabilities   (0.9)
Various Investments    
Asset of BSIF and consolidated Funds    
Uncategorized   48.2
Various Investments and Affiliate Held-for-Sale    
Asset of BSIF and consolidated Funds    
Uncategorized $ 16.4  
Real estate investment funds | Minimum    
Liabilities of consolidated Funds    
Term over which the underlying assets are expected to be liquidated by the investees 1 year  
Real estate investment funds | Maximum    
Liabilities of consolidated Funds    
Term over which the underlying assets are expected to be liquidated by the investees 11 years  
Consolidated Entity Excluding Consolidated Funds    
Asset of BSIF and consolidated Funds    
Investments in separate accounts $ 29.5 44.3
Investments related to long-term incentive compensation plans 66.1 88.8
Uncategorized 16.4  
Investments in unconsolidated Funds 114.7 184.3
Fair value assets held-for-sale 27.0  
Total fair value assets 114.7 184.3
Consolidated Entity Excluding Consolidated Funds | Long-term Incentive Compensation Plans    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 27.0  
Consolidated Entity Excluding Consolidated Funds | Various Investments    
Asset of BSIF and consolidated Funds    
Uncategorized 16.4 48.2
Investments in unconsolidated Funds 19.1 51.2
Consolidated Entity Excluding Consolidated Funds | Other Investments    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 0.0  
Consolidated Entity Excluding Consolidated Funds | Investment Funds Subject to Longer Redemption Restrictions    
Asset of BSIF and consolidated Funds    
Uncategorized 5.9 6.4
Consolidated Funds    
Asset of BSIF and consolidated Funds    
Common and preferred stock   9.8
Short-term investment funds   0.1
Bank loans   109.0
Derivatives   0.6
Investments in unconsolidated Funds 0.0 119.5
Fair value assets held-for-sale 112.9  
Total fair value assets   119.5
Liabilities of consolidated Funds    
Common stock   (0.5)
Derivatives   (0.4)
Total fair value liabilities   (0.9)
Consolidated Funds | Common and preferred stock    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 5.9  
Consolidated Funds | Short-term investment funds    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 0.5  
Consolidated Funds | Bank loans    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 106.5  
Consolidated Funds | Other Investments    
Asset of BSIF and consolidated Funds    
Uncategorized   0.0
Fair value assets held-for-sale 0.0  
Quoted prices in active markets (Level I)    
Asset of BSIF and consolidated Funds    
Total fair value assets 116.0 132.4
Liabilities of consolidated Funds    
Total fair value liabilities   (0.6)
Quoted prices in active markets (Level I) | Consolidated Entity Excluding Consolidated Funds    
Asset of BSIF and consolidated Funds    
Investments in separate accounts 16.5 33.2
Investments related to long-term incentive compensation plans 66.1 88.8
Fair value assets held-for-sale 27.0  
Total fair value assets $ 82.6 $ 122.0
Liabilities of consolidated Funds    
Investment in cash 2.00% 3.00%
Investment in equity securities 98.00% 97.00%
Quoted prices in active markets (Level I) | Consolidated Entity Excluding Consolidated Funds | Long-term Incentive Compensation Plans    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale $ 27.0  
Quoted prices in active markets (Level I) | Consolidated Entity Excluding Consolidated Funds | Various Investments    
Asset of BSIF and consolidated Funds    
Investments in unconsolidated Funds 0.0 $ 0.0
Quoted prices in active markets (Level I) | Consolidated Funds    
Asset of BSIF and consolidated Funds    
Common and preferred stock   9.8
Short-term investment funds   0.1
Bank loans   0.0
Derivatives   0.5
Fair value assets held-for-sale 6.4  
Total fair value assets   10.4
Liabilities of consolidated Funds    
Common stock   (0.5)
Derivatives   (0.1)
Total fair value liabilities   (0.6)
Quoted prices in active markets (Level I) | Consolidated Funds | Common and preferred stock    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 5.9  
Quoted prices in active markets (Level I) | Consolidated Funds | Short-term investment funds    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 0.5  
Quoted prices in active markets (Level I) | Consolidated Funds | Bank loans    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 0.0  
Significant other observable inputs (Level II)    
Asset of BSIF and consolidated Funds    
Total fair value assets 119.5 120.2
Liabilities of consolidated Funds    
Total fair value liabilities   (0.3)
Significant other observable inputs (Level II) | Consolidated Entity Excluding Consolidated Funds    
Asset of BSIF and consolidated Funds    
Investments in separate accounts 13.0 11.1
Investments related to long-term incentive compensation plans 0.0 0.0
Fair value assets held-for-sale 0.0  
Total fair value assets 13.0 11.1
Significant other observable inputs (Level II) | Consolidated Entity Excluding Consolidated Funds | Long-term Incentive Compensation Plans    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 0.0  
Significant other observable inputs (Level II) | Consolidated Entity Excluding Consolidated Funds | Various Investments    
Asset of BSIF and consolidated Funds    
Investments in unconsolidated Funds 0.0 0.0
Significant other observable inputs (Level II) | Consolidated Funds    
Asset of BSIF and consolidated Funds    
Common and preferred stock   0.0
Short-term investment funds   0.0
Bank loans   109.0
Derivatives   0.1
Fair value assets held-for-sale 106.5  
Total fair value assets   109.1
Liabilities of consolidated Funds    
Common stock   0.0
Derivatives   (0.3)
Total fair value liabilities   (0.3)
Significant other observable inputs (Level II) | Consolidated Funds | Common and preferred stock    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 0.0  
Significant other observable inputs (Level II) | Consolidated Funds | Short-term investment funds    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 0.0  
Significant other observable inputs (Level II) | Consolidated Funds | Bank loans    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 106.5  
Significant unobservable inputs (Level III)    
Asset of BSIF and consolidated Funds    
Total fair value assets 2.7 3.0
Liabilities of consolidated Funds    
Total fair value liabilities   0.0
Significant unobservable inputs (Level III) | Consolidated Entity Excluding Consolidated Funds    
Asset of BSIF and consolidated Funds    
Investments in separate accounts 0.0 0.0
Investments related to long-term incentive compensation plans 0.0 0.0
Fair value assets held-for-sale 0.0  
Total fair value assets 2.7 3.0
Significant unobservable inputs (Level III) | Consolidated Entity Excluding Consolidated Funds | Long-term Incentive Compensation Plans    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 0.0  
Significant unobservable inputs (Level III) | Consolidated Entity Excluding Consolidated Funds | Various Investments    
Asset of BSIF and consolidated Funds    
Investments in unconsolidated Funds 2.7 3.0
Significant unobservable inputs (Level III) | Consolidated Funds    
Asset of BSIF and consolidated Funds    
Common and preferred stock   0.0
Short-term investment funds   0.0
Bank loans   0.0
Derivatives   0.0
Fair value assets held-for-sale 0.0  
Total fair value assets   0.0
Liabilities of consolidated Funds    
Common stock   0.0
Derivatives   0.0
Total fair value liabilities   $ 0.0
Significant unobservable inputs (Level III) | Consolidated Funds | Common and preferred stock    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 0.0  
Significant unobservable inputs (Level III) | Consolidated Funds | Short-term investment funds    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale 0.0  
Significant unobservable inputs (Level III) | Consolidated Funds | Bank loans    
Asset of BSIF and consolidated Funds    
Fair value assets held-for-sale $ 0.0