LM Funding America, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Commitments and Contingencies - Additional Information (Detail)

v3.21.2

Commitments and Contingencies - Additional Information (Detail) - USD ($)			3 Months Ended		6 Months Ended
	Jan. 11, 2021	Mar. 23, 2020	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	May 11, 2020
Loss Contingencies [Line Items]
Lease expiration period					37 months
Operating lease discount rate			6.50%		6.50%
Operating lease beginning date					Mar. 01, 2014
Operating lease ending date					Jul. 31, 2019
Rent expense			$ 22,600	$ 20,000	$ 47,500	$ 50,000
Common stock, shares outstanding			5,414,296		5,414,296		3,083,760	5,414,296
Securities Purchase Agreement [Member] \| Hanfor-Owner [Member]
Loss Contingencies [Line Items]
Ownership percentage		86.50%
Common stock, shares outstanding				520,838		520,838
Sale of stock price per share				$ 2.40		$ 2.40
Proceeds from issuance of stock		$ 250,000
Notes receivable		$ 1,000,000
Amount demanded on breach of contract	$ 1,250,000
New Office Lease [Member]
Loss Contingencies [Line Items]
Operating lease beginning date					Jul. 15, 2019
Operating lease ending date					Jul. 31, 2022
Business Law Group [Member]
Loss Contingencies [Line Items]
Sublease Income					$ 4,900
Minimum [Member]
Loss Contingencies [Line Items]
Operating lease remaining lease term					1 year
Ownership percentage			20.00%		20.00%
Maximum [Member]
Loss Contingencies [Line Items]
Operating lease remaining lease term					3 years
Ownership percentage			50.00%		50.00%

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