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Supplementary Quarterly Financial Data Schedule (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 12 Months Ended
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Dec. 31, 2017 | Sep. 30, 2017 | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2016 | Sep. 30, 2016 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015
Quarterly Financial Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue | $ 278,312 |  | $ 278,315 | $ 272,796 | $ 273,501 | $ 289,904 |  | $ 294,620 | $ 286,738 | $ 272,109 | $ 1,102,924 |  | $ 1,143,371 |  | $ 926,609 |
Operating income | 90,834 |  | 88,690 | 84,211 | 77,773 | 84,822 |  | 88,636 | 87,670 | 74,555 | 341,508 |  | 335,683 |  | 279,446 |
Net income including the noncontrolling interests in subsidiaries | 131,974 | [1] | 57,241 | 54,659 | 51,027 | $ 57,229 |  | 58,908 | 56,418 | 48,959 | 294,901 |  | 221,514 |  | 171,986 |
Income tax expense (benefit), continuing operations, adjustment of deferred tax (asset) liability | $ 70,400 |  |  |  |  |  |  |  |  |  | $ 70,400 |  |  |  |  |
Earnings Per Share impact of revaluation of net deferred tax liability | $ 0.70 |  |  |  |  |  |  |  |  |  | $ 0.69 |  |  |  |  |
Negative impact to EPS as a result of the special dividend |  |  |  |  |  | $ (0.02) |  |  |  |  |  |  |  |  |  |
Amounts attributable to Federated Investors, Inc. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income | $ 131,810 | [1] | $ 56,439 | $ 53,451 | $ 49,641 | $ 55,842 |  | $ 54,925 | $ 52,709 | $ 45,443 | $ 291,341 | [2] | $ 208,919 |  | $ 169,807 |
Earnings per common share—Basic and Diluted | $ 1.31 | [3] | $ 0.56 | $ 0.53 | $ 0.49 | $ 0.52 | [4] | $ 0.54 | $ 0.51 | $ 0.44 | $ 2.87 | [5],[6] | $ 2.03 | [6] | $ 1.62 | [6]
Impact of Voluntary Yield-related Fee Waivers |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue | $ 0 |  | $ (10) | $ (144) | $ (4,262) | $ (11,027) |  | $ (18,030) | $ (21,333) | $ (37,482) | $ (4,400) |  | $ (87,800) |  | $ (333,600) |
Less: Reduction in Distribution expense | (2) |  | (1) | 99 | 3,490 | 7,627 |  | 13,797 | 16,528 | 27,896 | 3,600 |  | 65,800 |  | 240,600 |
Operating income | (2) |  | (11) | (45) | (772) | (3,400) |  | (4,233) | (4,805) | (9,586) | (800) |  | (22,000) |  | (93,000) |
Less: Reduction in Noncontrolling interest | 0 |  | 0 | 0 | 0 | 0 |  | 0 | (208) | 208 | 0 |  | 0 |  | 7,100 |
Pre-tax impact | $ (2) |  | $ (11) | $ (45) | $ (772) | $ (3,400) |  | $ (4,233) | $ (5,013) | $ (9,378) | $ (800) |  | $ (22,000) |  | $ (85,900) |
SpecialDividend [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Quarterly Financial Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock, dividends, per share, cash paid |  |  |  |  |  | $ 1.00 |  |  |  |  |  |  |  |  |  |
QuarterlyDividend [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Quarterly Financial Information [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock, dividends, per share, cash paid |  |  |  |  |  | $ 0.25 |  |  |  |  |  |  |  |  |  |
[1] | The quarter ended December 31, 2017 includes a $70.4 million reduction to the income tax provision resulting from the revaluation of the net deferred tax liability due to the enactment of the Tax Act, thereby increasing net income.
[2] | 2017 includes a $70.4 million reduction to the income tax provision resulting from the revaluation of the net deferred tax liability due to the enactment of the Tax Act, thereby increasing net income.
[3] | The quarter ended December 31, 2017 includes a $0.70 increase to earnings per share resulting from the revaluation of the net deferred tax liability due to the enactment of the Tax Act.
[4] | 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.
[5] | 2017 includes a $0.69 increase to earnings per share resulting from the revaluation of the net deferred tax liability due to the enactment of the Tax Act.
[6] | Federated Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.

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