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Earnings (Loss) Per Common Share (Narrative) (Details) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Warrants [Member]      
Earnings Per Share [Line Items]      
Securities excluded from computation of earnings per share amount 4,000,000us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_InvestmentTypeAxis
= us-gaap_WarrantMember
4,000,000us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_InvestmentTypeAxis
= us-gaap_WarrantMember
 
Exercise price $ 33.33luk_ClassOfWarrantOrRightExercisePricePerShareOfWarrantsOrRights
/ us-gaap_InvestmentTypeAxis
= us-gaap_WarrantMember
$ 33.33luk_ClassOfWarrantOrRightExercisePricePerShareOfWarrantsOrRights
/ us-gaap_InvestmentTypeAxis
= us-gaap_WarrantMember
 
Employee Stock Option [Member]      
Earnings Per Share [Line Items]      
Securities excluded from computation of earnings per share amount 1,311,000us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_EmployeeStockOptionMember
773,000us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
/ us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis
= us-gaap_EmployeeStockOptionMember
 
3.75% Convertible Senior Subordinated Notes Due April 15, 2014 [Member]      
Earnings Per Share [Line Items]      
Convertible notes interest rate   3.75%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= luk_ThreeAndThreeOverFourPercentConvertibleSeniorSubordinatedNotesDue2014Member
 
3.875% Convertible Senior Debentures, due November 1, 2029 [Member]      
Earnings Per Share [Line Items]      
Convertible notes interest rate 3.875%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= luk_ThreePointEightSevenFivePercentageConvertibleSeniorDebenturesDueTwoThousandTwentyNineMember
  3.875%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= luk_ThreePointEightSevenFivePercentageConvertibleSeniorDebenturesDueTwoThousandTwentyNineMember