Consolidated Balance Sheets (Consolidated Legg Mason [Domain], USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Mar. 31, 2012
Consolidated Legg Mason [Domain]
Current Assets
Cash and cash equivalents	$ 905,726	$ 1,382,263
Cash and cash equivalents of consolidated investment vehicles	34,995	26,139
Restricted cash	3,697	2,167
Receivables:
Investment advisory and related fees	314,235	333,777
Other	43,876	100,060
Investment securities	346,316	412,119
Investment securities of consolidated investment vehicles	29,117	31,575
Deferred income taxes	103,618	117,391
Other	48,005	51,977
Total current assets	1,829,585	2,457,468
Fixed assets, net	226,741	239,411
Intangible assets, net	3,112,451	3,856,866
Goodwill	1,248,648	1,275,045
Investments of consolidated investment vehicles	253,514	294,853
Deferred income taxes	259,748	142,706
Other	183,117	287,653
Other assets of consolidated investment vehicles	1,256	1,745
Total Assets	7,115,060	8,555,747
Current Liabilities
Accrued compensation	233,780	409,759
Accounts payable and accrued expenses	183,603	195,808
Short-term borrowings	0	250,000
Current portion of long-term debt	50,438	1,278
Other	47,342	114,840
Other current liabilities of consolidated investment vehicles	3,134	4,097
Total current liabilities	518,297	975,782
Deferred compensation	42,700	57,339
Deferred income taxes	126,698	242,567
Other	139,708	167,544
Other liabilities of consolidated investment vehicles	3,237	3,872
Long-term debt	1,094,275	1,135,614
Long-term debt of consolidated investment vehicles	250,160	271,707
Total Liabilities	2,175,075	2,854,425
Commitments and Contingencies (Note 8)
Redeemable noncontrolling interests	21,676	24,031
Stockholders' Equity
Common stock, par value $.10; authorized 500,000,000 shares; issued 128,943,449 shares and 139,874,034 shares, respectively	12,894	13,987
Additional paid-in capital	3,553,176	3,864,216
Employee stock trust	(33,321)	(32,419)
Deferred compensation employee stock trust	33,321	32,419
Retained earnings	1,289,171	1,715,395
Appropriated retained earnings for consolidated investment vehicle	4,145	12,221
Accumulated other comprehensive income, net	58,923	71,472
Total Stockholders' Equity	4,918,309	5,677,291
Total Liabilities and Stockholders' Equity	$ 7,115,060	$ 8,555,747