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Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue      
Investment advisory fees, net—affiliates $ 526,564 $ 461,919 $ 486,798
Investment advisory fees, net—other 99,761 95,399 84,154
Administrative service fees, net—affiliates 211,458 213,136 222,487
Other service fees, net—affiliates 81,039 73,137 66,998
Other service fees, net—other 3,871 10,902 12,610
Other, net 3,916 4,757 5,318
Total revenue 926,609 859,250 878,365
Operating Expenses      
Compensation and related 286,932 285,337 269,138
Distribution 232,445 210,641 222,054
Professional service fees 29,090 30,216 37,082
Systems and communications 27,629 25,794 25,801
Office and occupancy 26,706 29,968 26,301
Advertising and promotional 13,930 13,330 15,094
Travel and related 13,409 13,219 13,671
Other 17,022 12,796 17,481
Total operating expenses 647,163 621,301 626,622
Operating income 279,446 237,949 251,743
Nonoperating Income (Expenses)      
Investment income, net 5,056 6,071 6,590
(Loss) gain on securities, net [1] (5,264) 4,972 16,986
Debt expense (4,299) (9,611) (12,464)
Other, net (33) (29) (3,840)
Total nonoperating (expenses) income, net (4,540) 1,403 7,272
Income before income taxes 274,906 239,352 259,015
Income tax provision 102,920 89,530 92,660
Net income including the noncontrolling interests in subsidiaries 171,986 149,822 166,355
Less: Net income attributable to the noncontrolling interests in subsidiaries 2,179 586 4,178
Net income $ 169,807 $ 149,236 $ 162,177
Amounts Attributable to Federated Investors, Inc.      
Earnings per common share—Basic and Diluted [2] $ 1.62 $ 1.42 $ 1.55
Cash dividends per share $ 1.00 $ 1.00 $ 0.98
[1] Amounts related to consolidated investment companies totaled $(4.0) million, $(0.6) million and $2.6 million for 2015, 2014 and 2013, respectively.
[2] Federated Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.