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Concentration Risk Concentration Risk (Tables)
 12 Months Ended
Dec. 31, 2016
Risks and Uncertainties [Abstract]  
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]
The following table summarizes the percentage of total revenue earned from Federated's asset classes over the last three years:
 
 
2016

 
2015

 
2014

Money market assets
 
45
%
 
33
%
 
32
%
Equity assets
 
38
%
 
46
%
 
45
%
Fixed-income assets
 
17
%
 
21
%
 
22
%
Voluntary Fee Waivers [Table Text Block]
The impact of such fee waivers on various components of Federated's Consolidated Statements of Income was as follows for the years ended December 31:
in millions
 
2016

 
2015

 
2014

Revenue
 
$
(87.8
)
 
$
(333.6
)
 
$
(410.6
)
Less: Reduction in Distribution expense
 
65.8

 
240.6

 
280.9

Operating income
 
(22.0
)
 
(93.0
)
 
(129.7
)
Less: Reduction in Noncontrolling interest
 
0.0

 
7.1

 
10.7

Pre-tax impact
 
$
(22.0
)
 
$
(85.9
)
 
$
(119.0
)