| Basic and diluted net loss per share |    
    |  |  | Years Ended September
    30, |  |  
    |  |  | 2017 |  |  | 2016 |  |  
    | Basic |  |  |  |  |  |  |  
    |  |  |  |  |  |  |  |  
    | Net income attributed to Live Ventures Incorporated |  | $ | 6,501,780 |  |  | $ | 17,829,857 |  |  
    | Less: preferred stock dividends |  |  | (1,917 | ) |  |  | (1,917 | ) |  
    | Net income applicable to common stock |  | $ | 6,499,863 |  |  | $ | 17,827,940 |  |  
    |  |  |  |  |  |  |  |  |  |  
    | Weighted average common shares outstanding |  |  | 2,210,104 |  |  |  | 2,815,072 |  |  
    |  |  |  |  |  |  |  |  |  |  
    | Basic earnings per share |  | $ | 2.94 |  |  | $ | 6.33 |  |    
    | Diluted |  |  |  |  |  |  |  |  |  
    |  |  |  |  |  |  |  |  |  |  
    | Net income applicable to common stock |  | $ | 6,499,863 |  |  | $ | 17,827,940 |  |  
    | Add: preferred stock dividends |  |  | 1,917 |  |  |  | 1,917 |  |  
    | Net income applicable for diluted earnings
    per share |  | $ | 6,501,780 |  |  | $ | 17,829,857 |  |  
    |  |  |  |  |  |  |  |  |  |  
    | Weighted average common shares outstanding |  |  | 2,210,104 |  |  |  | 2,815,072 |  |  
    | Add: Options |  |  | 48,407 |  |  |  | 21,166 |  |  
    | Add: Common Stock Warrants |  |  | – |  |  |  | 339,620 |  |  
    | Add: Series B Preferred Stock |  |  | 1,071,200 |  |  |  | – |  |  
    | Add: Series B Preferred Stock Warrants |  |  | 590,145 |  |  |  | – |  |  
    | Add: Series E Preferred Stock |  |  | 127,840 |  |  |  | 127,840 |  |  
    | Assumed weighted average common shares outstanding |  |  | 4,047,696 |  |  |  | 3,303,698 |  |  
    |  |  |  |  |  |  |  |  |  |  
    | Diluted earnings per share |  | $ | 1.61 |  |  | $ | 5.40 |  |    |