Quarterly report pursuant to Section 13 or 15(d)

Document and Entity Information

v3.20.2
Document and Entity Information - shares
shares in Millions
 6 Months Ended
Jun. 30, 2020
Aug. 06, 2020
Cover [Abstract]    
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Jun. 30, 2020  
Document Fiscal Year Focus 2020  
Document Fiscal Period Focus Q2  
Title of 12(b) Security Common Stock par value $0.001 per share  
Security Exchange Name NASDAQ  
Trading Symbol LMFA  
Entity Registrant Name LM FUNDING AMERICA, INC.  
Entity Central Index Key 0001640384  
Current Fiscal Year End Date --12-31  
Entity Filer Category Non-accelerated Filer  
Entity Small Business true  
Entity Emerging Growth Company true  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Shell Company false  
Entity Ex Transition Period false  
Entity Common Stock, Shares Outstanding   5.1
Entity File Number 001-37605  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 47-3844457  
Entity Address, Address Line One 1200 West Platt Street  
Entity Address, Address Line Two Suite 100  
Entity Address, City or Town Tampa  
Entity Address, State or Province FL  
Entity Address, Postal Zip Code 33606  
City Area Code 813  
Local Phone Number 222-8996  
Document Quarterly Report true  
Document Transition Report false