Consolidated Balance Sheets (Consolidated Legg Mason, USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Mar. 31, 2012
Consolidated Legg Mason
Current Assets
Cash and cash equivalents	$ 933,036	$ 1,382,263
Cash and cash equivalents of consolidated investment vehicles	46,541	26,139
Restricted cash	8,812	2,167
Receivables:
Investment advisory and related fees	350,726	333,777
Other	72,392	100,060
Investment securities	371,080	412,119
Investment securities of consolidated investment vehicles	24,792	31,575
Deferred income taxes	85,257	117,391
Other	48,239	51,977
Other assets of consolidated investment vehicles	1,987	326
Total current assets	1,942,862	2,457,794
Fixed assets, net	201,819	239,411
Intangible assets, net	3,177,562	3,856,866
Goodwill	1,269,165	1,275,045
Investments of consolidated investment vehicles	210,553	294,853
Deferred income taxes	279,361	142,706
Other	187,274	287,653
Other assets of consolidated investment vehicles	1,064	1,419
Total assets	7,269,660	8,555,747
Current Liabilities
Accrued compensation	351,965	409,759
Accounts payable and accrued expenses	214,803	195,808
Short-term borrowings	0	250,000
Current portion of long-term debt	50,438	1,278
Other Liabilities	74,940	114,840
Other current liabilities of consolidated investment vehicles	10,320	4,097
Total current liabilities	702,466	975,782
Deferred compensation	56,809	57,339
Deferred income taxes	161,298	242,567
Other	204,446	167,544
Other liabilities of consolidated investment vehicles	2,930	3,872
Long-term debt	1,094,516	1,135,614
Long-term debt of consolidated investment vehicles	207,835	271,707
Total liabilities	2,430,300	2,854,425
Commitments and Contingencies (Note 8)
Redeemable noncontrolling interests	21,009	24,031
Stockholders' Equity
Common stock, par value $.10; authorized 500,000,000 shares; issued 125,341,361 shares and 139,874,034 shares, respectively	12,534	13,987
Additional paid-in capital	3,449,190	3,864,216
Employee stock trust	(32,623)	(32,419)
Deferred compensation employee stock trust	32,623	32,419
Retained earnings	1,304,259	1,715,395
Appropriated retained earnings for consolidated investment vehicle	4,829	12,221
Accumulated other comprehensive income, net	47,539	71,472
Total Stockholders' Equity	4,818,351	5,677,291
Total liabilities and equity	$ 7,269,660	$ 8,555,747