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Supplementary Quarterly Financial Data Schedule (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Jun. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Quarterly Financial Information [Line Items]                        
Income tax provision                   $ 119,420 $ 102,920 $ 89,530
Revenue $ 289,904 $ 294,620 $ 286,738 $ 272,109 $ 243,639 $ 234,321 $ 228,127 $ 220,522   1,143,371 926,609 859,250
Operating income 84,822 88,636 87,670 74,555 76,885 74,244 69,279 59,038   335,683 279,446 237,949
Net income including the noncontrolling interests in subsidiaries 57,229 58,908 56,418 48,959 [1] 49,169 44,136 42,263 36,418   221,514 171,986 149,822
Amounts attributable to Federated Investors, Inc.                        
Net income $ 55,842 $ 54,925 $ 52,709 $ 45,443 [1] $ 47,610 $ 44,131 $ 41,759 $ 36,307   $ 208,919 $ 169,807 $ 149,236
Negative impact to EPS as a result of the special dividend $ (0.02)                      
Earnings per common share—Basic and Diluted $ 0.52 [2] $ 0.54 $ 0.51 $ 0.44 $ 0.46 $ 0.42 $ 0.40 $ 0.35   $ 2.03 [3] $ 1.62 [3] $ 1.42 [3]
Impact of Voluntary Yield-related Fee Waivers                        
Revenue $ (11,027) $ (18,030) $ (21,333) $ (37,482) $ (71,995) $ (83,254) $ (84,245) $ (94,112)   $ (87,800) $ (333,600) $ (410,600)
Less: Reduction in Distribution expense 7,627 13,797 16,528 27,896 54,493 61,283 60,179 64,654   65,800 240,600 280,900
Operating income (3,400) (4,233) (4,805) (9,586) (17,502) (21,971) (24,066) (29,458)   (22,000) (93,000) (129,700)
Less: Reduction in Noncontrolling interest 0 0 (208) 208 1,093 1,716 1,851 2,454   0 7,100 10,700
Pre-tax impact (3,400) (4,233) (5,013) (9,378) $ (16,409) $ (20,255) $ (22,215) $ (27,004)   $ (22,000) $ (85,900) $ (119,000)
Accounting Standards Update 2016-09 [Member]                        
Quarterly Financial Information [Line Items]                        
Income tax provision $ (2,100) $ (300) $ (200) $ (200)         $ (400)      
QuarterlyDividend [Member]                        
Quarterly Financial Information [Line Items]                        
Common Stock, Dividends, Per Share, Cash Paid $ 0.25                      
SpecialDividend [Member]                        
Quarterly Financial Information [Line Items]                        
Common Stock, Dividends, Per Share, Cash Paid $ 1.00                      
[1] As a result of the adoption of ASU 2016-09, the income-tax provision for March 31, 2016 was reduced by $0.2 million from amounts previously reported (see Note (2) for additional information).
[2] For the quarter ended December 31, 2016, Federated paid $1.00 per share as a special cash dividend and a $0.25 per share regular cash dividend. All dividends were considered ordinary dividends for tax purposes. The special dividend negatively impacted fourth quarter 2016 earnings per share by $0.02.
[3] Federated Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.