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Consolidation Narrative (Details) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2016
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Jan. 27, 2017
Variable Interest Entities [Line Items]            
Accounts receivable from Federated Funds $ 27,100,000 $ 25,400,000   $ 25,400,000    
Total Fee Waivers   84,800,000 $ 112,200,000 175,300,000 $ 242,100,000  
Trading Securities - Consolidated Investment Companies Carrying Amount 58,072,000 45,417,000   45,417,000    
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities 14,900,000 14,700,000   14,700,000    
Nonredeemable noncontrolling interest in subsidiary 958,000 0   0    
Receivables 44,804,000 45,097,000   45,097,000    
Financial Support, Fee Waivers [Member]            
Variable Interest Entities [Line Items]            
Nonconsolidated Legal Entity, Financial Support Amount   53,800,000 80,900,000 113,600,000 179,700,000  
Financial Support, Capital Contributions [Member]            
Variable Interest Entities [Line Items]            
Nonconsolidated Legal Entity, Financial Support Amount   0 $ 0 0 $ 0  
Consolidated Voting Rights Entities [Member]            
Variable Interest Entities [Line Items]            
Trading Securities - Consolidated Investment Companies Carrying Amount 14,900,000 1,400,000   1,400,000    
Redeemable noncontrolling interest in subsidiaries 3,100,000 300,000   300,000    
Variable Interest Entity, Primary Beneficiary, Aggregated Disclosure [Member]            
Variable Interest Entities [Line Items]            
Trading Securities - Consolidated Investment Companies Carrying Amount 43,200,000 44,000,000   44,000,000    
Redeemable noncontrolling interest in subsidiaries 28,300,000 30,400,000   30,400,000    
Liabilities 700,000 500,000   500,000    
Federated's maximum risk of loss in consolidated investment companies 14,900,000 14,700,000   14,700,000    
Variable Interest Entity, Primary Beneficiary, Aggregated Disclosure [Member] | Cash and Cash Equivalents [Member]            
Variable Interest Entities [Line Items]            
Consolidated VIE assets $ 0 100,000   100,000    
General Partnership and VIE [Member] | Passport [Member]            
Variable Interest Entities [Line Items]            
Noncontrolling interest, ownership percentage by parent 50.50%          
Noncontrolling interest, ownership percentage by noncontrolling owners 49.50%          
General Partnership and VIE [Member] | Deconsolidation [Member]            
Variable Interest Entities [Line Items]            
Liabilities           $ 5,300,000
Nonredeemable noncontrolling interest in subsidiary           1,000,000
Receivables           1,100,000
General Partnership and VIE [Member] | Cash and Cash Equivalents [Member] | Deconsolidation [Member]            
Variable Interest Entities [Line Items]            
Consolidated VIE assets           4,800,000
General Partnership and VIE [Member] | Receivable [Domain] | Deconsolidation [Member]            
Variable Interest Entities [Line Items]            
Consolidated VIE assets           $ 2,600,000
Non-Consolidated Variable Interest Entity, Not Primary Beneficiary [Member]            
Variable Interest Entities [Line Items]            
Carrying Value of investment of nonconsolidated VIEs $ 2,300,000 2,100,000   2,100,000    
Federated's maximum risk of loss in consolidated investment companies 2,300,000 2,100,000   2,100,000    
AUM for nonconsolidated Federated Funds $ 76,300,000 $ 67,900,000   $ 67,900,000