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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenues        
Investment income (loss), net $ 7,448 $ 11,478 $ 7,935 $ (30,738)
Loss on financial instruments, net (related party of $(18,691), $(20,480), $(64,217), and $(63,044), respectively) (18,024) (23,043) (64,260) (56,101)
Interest and dividend income 118 113 348 295
Trust services and administration revenues (related party of $8, $8, $23, and $23, respectively) 158 8 173 23
Other income 65 0 65 86
Total revenues (10,235) (11,444) (55,739) (86,435)
Operating expenses        
Employee compensation and benefits 7,340 12,670 58,561 34,752
Interest expense (related party of $3,018, $746, $5,843, and $2,108, respectively) 4,671 4,147 13,569 11,356
Professional services 4,970 8,073 22,000 29,580
Provision for credit losses 0 1,799 0 20,580
Loss on impairment of goodwill 883,223 0 2,286,212 0
Other expenses (related party of $2,096, $2,246, $6,317, and $6,576, respectively) 5,512 7,073 17,604 21,454
Total operating expenses 905,716 33,762 2,397,946 117,722
Operating loss (915,951) (45,206) (2,453,685) (204,157)
Loss on extinguishment of debt 8,846 0 8,846 0
Loss before income taxes (924,797) (45,206) (2,462,531) (204,157)
Income tax expense (benefit) 75 (2,356) 75 (1,072)
Net loss (924,872) (42,850) (2,462,606) (203,085)
Less: Net loss attributable to noncontrolling interests 386,935 9,945 445,683 118,843
Less: Noncontrolling interest guaranteed payment (4,229) (3,984) (12,501) (11,778)
Net loss attributable to Beneficient common shareholders (542,166) (36,889) (2,029,424) (96,020)
Other comprehensive income (loss):        
Unrealized gain (loss) on investments in available-for-sale debt securities 51 (1,307) [1] 4,236 [2] 6,400 [3]
Total comprehensive income (loss) (542,115) (38,196) (2,025,188) (89,620)
Less: comprehensive gain (loss) attributable to noncontrolling interests 51 (1,307) 4,236 6,400
Total comprehensive loss attributable to Beneficient (542,166) (36,889) (2,029,424) (96,020)
Common Class A        
Operating expenses        
Net loss attributable to Beneficient common shareholders $ (504,615) $ (33,347) $ (1,888,863) $ (86,799)
Earnings Per Share [Abstract]        
Net loss per common unit - basic (in dollars per share) $ (1.98) $ (0.19) [4] $ (8.35) $ (0.48) [4]
Net loss per common unit - diluted (in dollars per share) $ (1.98) $ (0.19) [4] $ (8.35) $ (0.48) [4]
Weighted Average Number of Shares Outstanding [Abstract]        
Weighted average common units outstanding - basic (in shares) 254,923,039 180,178,268 [4] 226,105,978 180,178,268 [4]
Weighted average common units outstanding - diluted (in shares) 254,923,039 180,178,268 [4] 226,105,978 180,178,268 [4]
Common Class B        
Operating expenses        
Net loss attributable to Beneficient common shareholders $ (37,551) $ (3,542) $ (140,561) $ (9,221)
Earnings Per Share [Abstract]        
Net loss per common unit - basic (in dollars per share) $ (1.96) $ (0.19) [4] $ (7.34) $ (0.48) [4]
Net loss per common unit - diluted (in dollars per share) $ (1.96) $ (0.19) [4] $ (7.34) $ (0.48) [4]
Weighted Average Number of Shares Outstanding [Abstract]        
Weighted average common units outstanding - basic (in shares) 19,140,451 19,140,451 [4] 19,140,451 19,140,451 [4]
Weighted average common units outstanding - diluted (in shares) 19,140,451 19,140,451 [4] 19,140,451 19,140,451 [4]
Variable Interest Entity, Primary Beneficiary        
Revenues        
Other income $ 65 $ 0 $ 65 $ 0
Operating expenses        
Loss on extinguishment of debt (8,846) 0 (8,846) 0
Less: Net loss attributable to noncontrolling interests 26,240 4,058 43,698 105,612
Consolidated Entity, Excluding Consolidated VIE        
Operating expenses        
Less: Net loss attributable to noncontrolling interests $ 360,695 $ 5,887 $ 401,985 $ 13,231
[1] Retroactively adjusted September 30, 2022 and three months ended December 31, 2022 for de-SPAC merger transaction as described in Note 4.
[2] Retroactively adjusted March 31, 2023 for de-SPAC merger transaction as described in Note 4.
[3] Retroactively adjusted March 31, 2022 and the nine months ended December 31, 2022 for de-SPAC merger transaction as described in Note 4.
[4] Retroactively adjusted the three and nine months ended December 31, 2022 for the de-SPAC merger transaction as described in Note 4.