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Components Intangible Assets (Details 1) - USD ($)
$ in Thousands
Dec. 31, 2016
Mar. 31, 2016
Finite-Lived and Indefinite-lived Intangible Assets    
Cost $ 405,509 $ 259,513
Accumulated amortization (187,672) (171,169)
Total 217,837 [1] 88,344
Indefinite-life intangible assets 3,810,973 3,058,141
U.S. Domestic Mutual Fund Management Contracts    
Finite-Lived and Indefinite-lived Intangible Assets    
Indefinite-life intangible assets 2,106,351 2,106,351
Other Fund Management Contracts [Member]    
Finite-Lived and Indefinite-lived Intangible Assets    
Indefinite-life intangible assets 533,537 560,499
Trade Names    
Finite-Lived and Indefinite-lived Intangible Assets    
Indefinite-life intangible assets 69,481 [1] 57,187
EnTrustPermal [Member] | Other Fund Management Contracts [Member]    
Finite-Lived and Indefinite-lived Intangible Assets    
Indefinite-life intangible assets 596,404 [2] 334,104
EnTrust Capital [Member] | Other Fund Management Contracts [Member]    
Finite-Lived and Indefinite-lived Intangible Assets    
Indefinite-life intangible assets [2] 262,300  
Clarion Partners [Member] | Other Fund Management Contracts [Member]    
Finite-Lived and Indefinite-lived Intangible Assets    
Indefinite-life intangible assets 505,200 0
Consolidated Legg Mason, Inc.    
Finite-Lived and Indefinite-lived Intangible Assets    
Intangible assets, net 4,028,810 $ 3,146,485
EnTrust Capital [Member]    
Finite-Lived and Indefinite-lived Intangible Assets    
Total 60,042  
EnTrust Capital [Member] | Trade Names    
Finite-Lived and Indefinite-lived Intangible Assets    
Indefinite-life intangible assets 7,400  
Clarion Partners [Member]    
Finite-Lived and Indefinite-lived Intangible Assets    
Total 95,560  
Clarion Partners [Member] | Trade Names    
Finite-Lived and Indefinite-lived Intangible Assets    
Indefinite-life intangible assets $ 23,100  
[1] As of December 31, 2016, Amortizable intangible asset management contracts, net and Trade names include $95,560 and $23,100, respectively, related to the acquisition of Clarion Partners and $60,042 and $7,400, respectively, related to the acquisition of EnTrust. See Note 3 for additional information.
[2] As of December 31, 2016, includes $262,300 related to the acquisition of EnTrust. As further discussed below, the indefinite-life funds-of-hedge funds management contracts asset related to the legacy Permal business was combined with the indefinite-life funds-of-hedge funds management contracts asset related to EnTrust as of December 31, 2016. See Note 3 for additional information regarding the EnTrust acquisition.