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Net Loss Per Common Share - Schedule of Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Numerator - basic and diluted:        
Net loss $ (77,124) $ (7,280) $ (91,015) [1] $ (13,152) [1]
Less: Net (income) loss attributable to MSP Recovery, LLC pre Business Combination 14,748   28,639  
Less: Net (income) loss attributable to the noncontrolling interest post Business Combination 61,088   61,088  
Net loss attributable to controlling members $ (1,288) $ (7,280) $ (1,288) $ (13,152)
Class A Common Stock [Member]        
Denominator - basic and diluted:        
Weighed-average shares of common stock outstanding - basic [2] 13,607,255   13,607,255  
Weighed-average shares of common stock outstanding - diluted [2] 13,607,255   13,607,255  
Earnings per share of common stock - basic [2] $ (0.09)   $ (0.09)  
Earnings per share of common stock - diluted [2] $ (0.09)   $ (0.09)  
[1] Balances include related party transactions. See Note 13, Related Party, for further details.
[2] Earnings per share information has not been presented for periods prior to the Business Combination (as defined in Note 1), as it resulted in values that would not be meaningful to the users of these unaudited condensed consolidated financial statements. Refer to Note 15 for further information.