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Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Carried interest allocations:        
Total carried interest allocations $ 196,386 $ 166,065 $ 422,748 $ 37,563
Total revenues 281,765 242,913 590,370 181,500
Compensation and benefits:        
Cash-based compensation 43,881 37,473 86,552 77,126
Equity-based compensation 3,213 952 6,956 1,435
Performance fee-related compensation:        
Realized 26,781 4,811 52,089 7,711
Unrealized 74,206 78,533 159,778 9,858
Total performance fee-related compensation 100,987 83,344 211,867 17,569
Total compensation and benefits 148,081 121,769 305,375 96,130
Legacy Greenspring performance fee-related compensation [1] 0 0 0 0
General, administrative and other 25,320 11,356 41,750 21,863
Total expenses 173,401 133,125 347,125 117,993
Other income (expense)        
Investment income 7,187 4,325 13,611 1,147
Legacy Greenspring investment income [1] 0 0 0 0
Interest income 206 165 286 259
Interest expense (88) (5,270) (94) (7,327)
Other income (loss) (1,952) 242 (2,389) 462
Total other income (expense) 5,353 (538) 11,414 (5,459)
Income before income tax 113,717 109,250 254,659 58,048
Income tax expense (benefit) (14,145) 881 278 2,039
Net income 127,862 108,369 254,381 56,009
Net income attributable to StepStone Group Inc. $ 62,074 $ (790) $ 103,724 $ (790)
Net income (loss) per share of Class A common stock:        
Basic (in dollars per share) $ 1.49 $ (0.03) $ 2.57 $ (0.03)
Diluted (in dollars per share) $ 1.45 $ (0.03) $ 2.50 $ (0.03)
Weighted-average shares of Class A common stock:        
Basic (in shares) 41,745,492 29,237,500 40,401,379 29,237,500
Diluted (in shares) 45,908,361 29,237,500 44,405,055 29,237,500
Subsidiaries        
Other income (expense)        
Less: Net income attributable to non-controlling interests $ 6,032 $ 9,045 $ 11,646 $ 13,138
Legacy Entities        
Other income (expense)        
Less: Net income attributable to non-controlling interests [1] 0 0 0 0
Partnership        
Other income (expense)        
Less: Net income attributable to non-controlling interests 59,756 100,114 139,011 43,661
Management and advisory fees, net        
Revenues        
Service fees 83,583 75,652 161,644 139,152
Incentive fees        
Revenues        
Service fees 1,796 1,196 5,978 4,785
Realized        
Carried interest allocations:        
Total carried interest allocations 52,531 8,556 102,494 12,194
Unrealized        
Carried interest allocations:        
Total carried interest allocations 143,855 157,509 320,254 25,369
Legacy Greenspring carried interest allocations        
Carried interest allocations:        
Total carried interest allocations [1] $ 0 $ 0 $ 0 $ 0
[1] Reflects the net effect of gross realized gains and the reversal of such amounts in unrealized gains. See notes 3, 5 and 14 for more information.