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Related Party Transactions - Additional Information (Detail) - USD ($)
12 Months Ended
Mar. 04, 2024
Dec. 22, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Related Party Transaction [Line Items]          
Interest expense [1]     $ 289,169,000 $ 121,011,000 $ 27,046,000
Due to related party current [2]     19,314,000 72,002,000  
Prepaid expenses and other current assets [2]     8,908,000 27,656,000  
Claims recovery service income [3]     498,000 18,542,000 14,500,000
Second Amended and Restated First Lien Credit Agreement [Member] | Working Capital Credit Facility Collateral [Member]          
Related Party Transaction [Line Items]          
Payment of certain costs and fees   $ 100,000      
Related Party [Member] | Funds Held For Other Entities [Member] | Affiliate Payable [Member]          
Related Party Transaction [Line Items]          
Due to related party current     19,800,000 19,800,000  
Related Party [Member] | Unsecured Promissory Notes [Member]          
Related Party Transaction [Line Items]          
Interest expense     5,000,000 2,700,000  
MSP Principals [Member] | Service fees          
Related Party Transaction [Line Items]          
Aggregate principal amount       13,000,000  
MSP Principals [Member] | Unsecured Promissory Notes [Member]          
Related Party Transaction [Line Items]          
Aggregate principal amount       $ 112,800,000  
Interest rate, payable in kind       4.00%  
Debt instrument, maturity term       4 years  
MSP Recovery Law Firm [Member]          
Related Party Transaction [Line Items]          
Related party expenses     19,200,000 $ 29,700,000  
Advance payment incurred for expense     19,200,000 9,600,000  
MSP Recovery Law Firm [Member] | Existing Legal Services Agreements [Member] | Professional Fees - Legal [Member]          
Related Party Transaction [Line Items]          
Related party expenses     19,200,000 29,700,000  
Share based compensation       20,100,000  
MSP Recovery Law Firm [Member] | Existing Legal Services Agreements [Member] | Cost of Claims Recoveries [Member]          
Related Party Transaction [Line Items]          
Related party expenses     300,000 400,000 0
MSP Recovery Law Firm [Member] | Existing Legal Services Agreements [Member] | Affiliate Payable [Member]          
Related Party Transaction [Line Items]          
Due to related party current     0    
MSP Recovery Law Firm [Member] | Existing Legal Services Agreements [Member] | Affiliate Receivable [Member]          
Related Party Transaction [Line Items]          
Due from related party current     800,000 2,100,000  
MSP Recovery Law Firm [Member] | Unsecured Promissory Notes [Member]          
Related Party Transaction [Line Items]          
Proceeds from promissory notes     36,500,000    
Prepaid expenses and other current assets     7,700,000 26,900,000  
MSP Recovery Law Firm [Member] | Unsecured Promissory Notes [Member] | Existing Legal Services Agreements [Member]          
Related Party Transaction [Line Items]          
Aggregate principal amount     $ 4,950,000    
Debt instrument, maturity term     24 months    
MSP Recovery Law Firm [Member] | Unsecured Promissory Notes [Member] | Existing Legal Services Agreements [Member] | Working Capital Credit Facility Collateral [Member] | Subsequent Event [Member]          
Related Party Transaction [Line Items]          
Partial repayment of debt $ 400,000        
MSP Recovery Aviation, LLC [Member] | General and Administrative Expenses [Member]          
Related Party Transaction [Line Items]          
Related party expenses     $ 200,000 400,000  
MSP Recovery Aviation, LLC [Member] | Affiliate Receivable [Member]          
Related Party Transaction [Line Items]          
Due from related party current     200,000 200,000  
Series MRCS LLC [Member] | Claims Financing Obligation and Notes Payable [Member]          
Related Party Transaction [Line Items]          
Note payable related party     500,000 500,000  
Other Affiliates [Member] | Additional Receivables From Other Affiliates [Member] | Affiliate Receivable [Member]          
Related Party Transaction [Line Items]          
Due from related party current     200,000    
Note payable related party       100,000  
VRM [Member]          
Related Party Transaction [Line Items]          
Claims recovery service income     0 10,600,000 $ 11,500,000
Virage Amendment [Member] | VRM [Member]          
Related Party Transaction [Line Items]          
Interest expense     $ 221,400,000 $ 81,900,000  
[1] For the year ended December 31, 2023 and 2022, Interest expense included $226.5 million and $84.7 million, respectively, of interest expense to related parties. For the year ended December 31, 2021 the interest expense to related parties was de minimis.
[2] As of December 31, 2023 and 2022, the total affiliate receivable, affiliate payable, other current liabilities, guaranty obligation and loan from related parties balances are with related parties. In addition, the prepaid expenses and other current assets, claims financing obligation and notes payable, and interest payable includes balances with related parties. See Note 15, Related Party Transactions, for further details.
[3] For the years ended December 31, 2022 and 2021, Claims recovery service income included $10.6 million, and $11.5 million, respectively, of Claims recovery service income from VRM MSP. There was no claims recovery service income from VRM MSP for the year ended December 31, 2023. See Note 15, Related Party Transactions, for further details.