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Accumulated Other Comprehensive (Loss) Income Attributable to Federated Investors, Inc. Shareholders (Tables)
9 Months Ended
Sep. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive (Loss) Income
The components of Accumulated other comprehensive loss, net of tax attributable to Federated shareholders are as follows: 
(in thousands)
Unrealized Loss
on Interest Rate Swap1

Unrealized
 (Loss)/Income on Securities
Available for
Sale2
 
 
Foreign Currency
Translation Loss

 
Total

Balance at December 31, 2014
$
(269
)
 
$
(1,126
)
 
$
(267
)
 
$
(1,662
)
Other comprehensive income (loss) before reclassifications and tax
67

 
(4,140
)
 
(597
)
 
(4,670
)
Tax impact
(25
)
 
1,529

 
209

 
1,713

Reclassification adjustments, before tax
358

 
1,342

 
0

 
1,700

Tax impact
(131
)
 
(495
)
 
0

 
(626
)
Net current-period other comprehensive income (loss)
269

 
(1,764
)
 
(388
)
 
(1,883
)
Balance at September 30, 2015
$
0

 
$
(2,890
)
 
$
(655
)
 
$
(3,545
)
 
 
 
 
 
 
 
 
Balance at December 31, 2015
$
0

 
$
(3,795
)
 
$
(814
)
 
$
(4,609
)
Other comprehensive income (loss) before reclassifications and tax
0

 
4,185

 
(497
)
 
3,688

Tax impact
0

 
(1,512
)
 
173

 
(1,339
)
Reclassification adjustments, before tax3
0

 
2,632

 
0

 
2,632

Tax impact3
0

 
(966
)
 
0

 
(966
)
Net current-period other comprehensive income (loss)
0

 
4,339

 
(324
)
 
4,015

Balance at September 30, 2016
$
0

 
$
544

 
$
(1,138
)
 
$
(594
)
 1
Federated entered into an interest rate swap in 2010 to hedge its interest-rate risk associated with its original term loan facility. The interest rate swap expired on April 1, 2015. Amounts reclassified from Accumulated other comprehensive loss, net of tax were recorded in Debt expense on the Consolidated Statements of Income.
 2
Other than as described in note 3 below, amounts reclassified from Accumulated other comprehensive loss, net of tax were recorded in Gain (loss) on securities, net on the Consolidated Statements of Income.
3
Amount includes reclassification of $0.8 million, net of tax from Accumulated other comprehensive loss, net of tax to Retained earnings on the Consolidated Balance Sheets as a result of the adoption of ASU 2015-02 (see Note (2) for additional information).