Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Classes of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents fair value measurements for classes of Federated's financial assets and liabilities measured at fair value on a recurring basis at December 31:

in thousands	Level 1		Level 2		Level 3		NAV Practical Expedient		Total
2017
Financial Assets
Cash and cash equivalents	$	205,364	$	0	$	0	$	110,900	$	316,264
Available-for-sale equity securities	1,406		0		0		173		1,579
Trading securities—equity	8,582		746		0		129		9,457
Trading securities—debt	0		42,238		0		0		42,238
Other1	123		357		760		0		1,240
Total financial assets	$	215,475	$	43,341	$	760	$	111,202	$	370,778
Total financial liabilities2	$	0	$	0	$	1,203	$	0	$	1,203
2016
Financial Assets
Cash and cash equivalents	$	54,725	$	0	$	0	$	50,114	$	104,839
Available-for-sale equity securities	103,996		0		0		26,789		130,785
Trading securities—equity	13,866		0		0		6,193		20,059
Trading securities—debt	0		45,466		0		0		45,466
Other1	19		0		840		0		859
Total financial assets	$	172,606	$	45,466	$	840	$	83,096	$	302,008
Total financial liabilities2	$	2	$	358	$	1,931	$	0	$	2,291

1 Amounts include structured trade finance loans held by Federated as well as futures contracts and/or foreign currency forward contracts held within certain consolidated Federated Funds.

2 Amounts include acquisition-related future consideration liabilities as well as certain liabilities attributable to structured trade finance loans held by Federated and may include foreign currency forward contracts and/or futures contracts held within certain consolidated Federated Funds.