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Share-Based Compensation Plans (Tables)
 12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
The following table summarizes activity of non-vested restricted stock awards for the year ended December 31, 2015: 
 
 
Restricted
Shares

 
Weighted-
Average Grant-
Date Fair Value
 
Non-vested at January 1, 2015
 
4,290,928

 
 
$
22.74

Granted1
 
863,137

 
 
31.07

Vested
 
(915,970
)
 
 
23.52

Forfeited
 
(40,443
)
 
 
24.07

Non-vested at December 31, 2015
 
4,197,652

 
 
$
24.27

 1
During 2015, Federated awarded 373,137 shares of restricted Federated Class B common stock in connection with a bonus program in which certain key employees received a portion of their bonus in the form of restricted stock under the Plan. This restricted stock, which was granted on the bonus payment date and issued out of treasury, generally vests over a three-year period. Also during 2015, Federated awarded 490,000 shares of restricted Federated Class B common stock to certain key employees. The restricted stock awards generally vest over ten-year periods with restrictions on the vested portions of the awards lapsing on the awards' fifth- and tenth-year anniversaries.
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
 
The following table summarizes the status of and changes in Federated's stock option program for the year ended 
December 31, 2015: 
 
 
Options

 
Weighted-Average
Exercise Price
 
 
Weighted-Average
Remaining 
Contractual
Life (in years)
 
Aggregate
Intrinsic Value
(in millions)
 
Outstanding at January 1, 2015
 
36,000

 
 
$
33.81

 
 

 
 

Options exercised
 
(3,000
)
 
 
27.44

 
 
 
 
 
 
Outstanding at December 31, 20151
 
33,000

 
 
$
34.38

 
 
1.7
 
 
$
0.0

1
All stock options outstanding at December 31, 2015 were vested and exercisable.