Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2017

Classes of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents fair value measurements for classes of Federated’s financial assets and liabilities measured at fair value on a recurring basis:



(in thousands)	Level 1		Level 2		Level 3		NAV Practical Expedient		Total
June 30, 2017
Financial Assets
Cash and cash equivalents	$	84,866	$	0	$	0	$	30,302	$	115,168
Available-for-sale equity securities	93,752		0		0		23,260		117,012
Trading securities—equity	3,691		541		0		133		4,365
Trading securities—debt	0		46,230		0		0		46,230
Other¹	10		594		840		0		1,444
Total financial assets	$	182,319	$	47,365	$	840	$	53,695	$	284,219

Total financial liabilities²	$	15	$	0	$	1,721	$	0	$	1,736

December 31, 2016
Financial Assets
Cash and cash equivalents	$	54,725	$	0	$	0	$	50,114	$	104,839
Available-for-sale equity securities	103,996		0		0		26,789		130,785
Trading securities—equity	13,866		0		0		6,193		20,059
Trading securities—debt	0		45,466		0		0		45,466
Other¹	19		0		840		0		859
Total financial assets	$	172,606	$	45,466	$	840	$	83,096	$	302,008

Total financial liabilities²	$	2	$	358	$	1,931	$	0	$	2,291


1	Amounts include structured trade finance loans held by Federated as well as futures contracts and/or foreign currency forward contracts held within certain consolidated Federated Funds.


2	Amounts include acquisition-related future consideration liabilities and may include foreign currency forward contracts and/or futures contracts held within certain consolidated Federated Funds, as well as certain liabilities attributable to structured trade finance loans held by Federated.