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Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue      
Investment advisory fees, net—affiliates $ 654,224 $ 526,564 $ 461,919
Investment advisory fees, net—other 112,601 99,761 95,399
Administrative service fees, net—affiliates 211,646 211,458 213,136
Other service fees, net—affiliates 156,938 81,039 73,137
Other service fees, net—other 4,440 3,871 10,902
Other, net 3,522 3,916 4,757
Total revenue 1,143,371 926,609 859,250
Operating Expenses      
Distribution 383,648 232,445 210,641
Compensation and related 296,466 286,932 285,337
Systems and communications 31,271 27,629 25,794
Professional service fees 27,447 29,090 30,216
Office and occupancy 27,379 26,706 29,968
Advertising and promotional 14,522 13,930 13,330
Travel and related 13,228 13,409 13,219
Other 13,727 17,022 12,796
Total operating expenses 807,688 647,163 621,301
Operating income 335,683 279,446 237,949
Nonoperating Income (Expenses)      
Investment income, net 7,256 5,056 6,071
Gain (loss) on securities, net [1] 2,108 (5,264) 4,972
Debt expense (4,173) (4,299) (9,611)
Other, net 60 (33) (29)
Total nonoperating income (expenses), net 5,251 (4,540) 1,403
Income before income taxes 340,934 274,906 239,352
Income tax provision 119,420 102,920 89,530
Net income including the noncontrolling interests in subsidiaries 221,514 171,986 149,822
Less: Net income attributable to the noncontrolling interests in subsidiaries 12,595 2,179 586
Net income $ 208,919 $ 169,807 $ 149,236
Amounts Attributable to Federated Investors, Inc.      
Earnings per common share—Basic and Diluted [2] $ 2.03 $ 1.62 $ 1.42
Cash dividends per share $ 2.00 $ 1.00 $ 1.00
[1] Amounts related to consolidated entities, primarily Federated Funds, totaled $2.9 million, $(4.0) million and $(0.6) million for the years ended December 31, 2016, 2015 and 2014, 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.