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Supplementary Quarterly Financial Data Schedule (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Quarterly Financial Information [Line Items]                      
Revenue $ 278,312 $ 278,315 $ 272,796 $ 273,501 $ 289,904 $ 294,620 $ 286,738 $ 272,109 $ 1,102,924 $ 1,143,371 $ 926,609
Operating income 90,834 88,690 84,211 77,773 84,822 88,636 87,670 74,555 341,508 335,683 279,446
Net income including the noncontrolling interests in subsidiaries 131,974 [1] 57,241 54,659 51,027 $ 57,229 58,908 56,418 48,959 294,901 221,514 171,986
Income tax expense (benefit), continuing operations, adjustment of deferred tax (asset) liability $ 70,400               $ 70,400    
Earnings Per Share impact of revaluation of net deferred tax liability $ 0.70               $ 0.69    
Negative impact to EPS as a result of the special dividend         $ (0.02)            
Amounts attributable to Federated Investors, Inc.                      
Net income $ 131,810 [1] $ 56,439 $ 53,451 $ 49,641 $ 55,842 $ 54,925 $ 52,709 $ 45,443 $ 291,341 [2] $ 208,919 $ 169,807
Earnings per common share—Basic and Diluted $ 1.31 [3] $ 0.56 $ 0.53 $ 0.49 $ 0.52 [4] $ 0.54 $ 0.51 $ 0.44 $ 2.87 [5],[6] $ 2.03 [6] $ 1.62 [6]
Impact of Voluntary Yield-related Fee Waivers                      
Revenue $ 0 $ (10) $ (144) $ (4,262) $ (11,027) $ (18,030) $ (21,333) $ (37,482) $ (4,400) $ (87,800) $ (333,600)
Less: Reduction in Distribution expense (2) (1) 99 3,490 7,627 13,797 16,528 27,896 3,600 65,800 240,600
Operating income (2) (11) (45) (772) (3,400) (4,233) (4,805) (9,586) (800) (22,000) (93,000)
Less: Reduction in Noncontrolling interest 0 0 0 0 0 0 (208) 208 0 0 7,100
Pre-tax impact $ (2) $ (11) $ (45) $ (772) $ (3,400) $ (4,233) $ (5,013) $ (9,378) $ (800) $ (22,000) $ (85,900)
SpecialDividend [Member]                      
Quarterly Financial Information [Line Items]                      
Common stock, dividends, per share, cash paid         $ 1.00            
QuarterlyDividend [Member]                      
Quarterly Financial Information [Line Items]                      
Common stock, dividends, per share, cash paid         $ 0.25            
[1] The quarter ended December 31, 2017 includes a $70.4 million reduction to the income tax provision resulting from the revaluation of the net deferred tax liability due to the enactment of the Tax Act, thereby increasing net income.
[2] 2017 includes a $70.4 million reduction to the income tax provision resulting from the revaluation of the net deferred tax liability due to the enactment of the Tax Act, thereby increasing net income.
[3] The quarter ended December 31, 2017 includes a $0.70 increase to earnings per share resulting from the revaluation of the net deferred tax liability due to the enactment of the Tax Act.
[4] For the quarter ended December 31, 2016, Federated paid $1.00 per share as a special cash dividend and a $0.25 per share regular cash dividend. All dividends were considered ordinary dividends for tax purposes. The special dividend negatively impacted fourth quarter 2016 earnings per share by $0.02.
[5] 2017 includes a $0.69 increase to earnings per share resulting from the revaluation of the net deferred tax liability due to the enactment of the Tax Act.
[6] Federated Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.