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Parent Company Only Condensed Financial Statements - Condensed Statements of Operations (Detail) - USD ($)
$ in Thousands
 9 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Condensed Income Statements, Captions [Line Items]        
Interest expense [1]       $ 3,551
Net interest income/net investment income $ 71,987 $ 110,811 $ 97,517 72,469 [1]
Provision for loan losses 59,008 69,817 47,386 59,008 [1]
Net interest income after provision for loan losses 12,979 40,994 50,131 13,461 [1]
Income (loss) before income taxes/net investment loss before taxes (7,156) (36,981) 2,337 (10,722) [1],[2]
Income tax benefit [1]       8,426
Total net income (loss) attributable to Medallion Financial Corp./net increase (decrease) on net assets resulting from operations [1]       $ (25,046)
Parent Company [Member]        
Condensed Income Statements, Captions [Line Items]        
Interest income (1,958) (2,824) (2,552)  
Interest expense 5,480 8,602 8,856  
Net interest income/net investment income (7,438) (11,426) (11,408)  
Provision for loan losses 19,190 5,127 6,377  
Net interest income after provision for loan losses (26,628) (16,553) (17,785)  
Other income (expense), net (16,913) (22,062) (13,686)  
Income (loss) before income taxes/net investment loss before taxes (43,541) (38,615) (31,471)  
Income tax benefit 5,328 10,454 7,013  
Total net income (loss) attributable to Medallion Financial Corp./net increase (decrease) on net assets resulting from operations (38,213) (28,161) (24,458)  
Undistributed earnings (losses) of subsidiaries 28,041 (6,622) 22,696  
Net income (loss) attributable to parent company $ (10,172) $ (34,783) $ (1,762)  
[1] Balance includes the nine months ended December 31, 2018 under Bank Holding Company Accounting and the three months ended March 31, 2018 under Investment Company Accounting.
[2] Includes $256 of net revenues received from Medallion Bank for the year ended December 31, 2018, primarily for expense reimbursements. See Notes 5 and 12 for additional information.