Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current Assets
Cash and Cash Equivalents	$ 308,349	$ 249,174
Investments—Consolidated Investment Companies	47,162	64,526
Investments—Affiliates and Other	25,499	26,935
Receivables, net of reserve of $14 and $14, respectively	49,763	64,492
Receivables—Affiliates	46,550	37,589
Prepaid Expenses	18,643	16,748
Other Current Assets	8,147	1,820
Total Current Assets	504,113	461,284
Long-Term Assets
Goodwill	789,807	774,534
Intangible Assets, net of accumulated amortization of $14,672 and $12,856, respectively	458,746	446,228
Property and Equipment, net of accumulated depreciation of $97,424 and $94,766, respectively	51,464	51,725
Right-of-Use Assets, net	101,298	100,514
Other Long-Term Assets	20,481	45,846
Total Long-Term Assets	1,421,796	1,418,847
Total Assets	1,925,909	1,880,131
Current Liabilities
Accounts Payable and Accrued Expenses	80,625	69,014
Accrued Compensation and Benefits	56,107	137,445
Lease Liabilities	14,785	13,575
Other Current Liabilities	35,709	10,679
Total Current Liabilities	187,226	230,713
Long-Term Liabilities
Long-Term Debt	195,000	100,000
Long-Term Deferred Tax Liability, net	169,397	165,382
Long-Term Lease Liabilities	107,268	107,543
Other Long-Term Liabilities	24,824	23,127
Total Long-Term Liabilities	496,489	396,052
Total Liabilities	683,715	626,765
Commitments and Contingencies (Note (16))
TEMPORARY EQUITY
Redeemable Noncontrolling Interest in Subsidiaries	199,261	212,086
Federated Hermes, Inc. Shareholders' Equity
Retained Earnings	949,209	930,351
Treasury Stock, at Cost, 8,439,747 and 8,375,077 Shares Class B Common Stock, respectively	(280,845)	(281,032)
Accumulated Other Comprehensive Income (Loss), net of tax	(25,108)	(249)
Total Permanent Equity	1,042,933	1,041,280
Total Liabilities, Temporary Equity and Permanent Equity	1,925,909	1,880,131
Class A
Federated Hermes, Inc. Shareholders' Equity
Common Stock	189	189
Class B
Federated Hermes, Inc. Shareholders' Equity
Common Stock	$ 399,488	$ 392,021