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Earnings Per Share Attributable to Federated Investors, Inc. Shareholders Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 12 Months Ended
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
Earnings Per Share [Abstract]                      
Net income attributable to Federated Investors, Inc. $ 131,810 [1] $ 56,439 $ 53,451 $ 49,641 $ 55,842 $ 54,925 $ 52,709 $ 45,443 $ 291,341 [2] $ 208,919 $ 169,807
Less: Total income available to participating unvested restricted shareholders, basic [3]                 (11,420) (7,632) (6,608)
Less: Total income available to particpating unvested restricted shareholders, diluted [3]                 (11,420) (7,632) (6,608)
Total net income attributable to Federated Common Stock - Basic [4]                 279,921 [2] 201,287 163,199
Total net income attributable to Federated Common Stock - Diluted [4]                 $ 279,921 [2] $ 201,287 $ 163,199
Earnings per common share—Basic and Diluted $ 1.31 [5] $ 0.56 $ 0.53 $ 0.49 $ 0.52 [6] $ 0.54 $ 0.51 $ 0.44 $ 2.87 [4],[7] $ 2.03 [4] $ 1.62 [4]
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    
Weighted Average Number of Shares Outstanding [Abstract]                      
Basic weighted-average Federated Common Stock outstanding [4]                 97,411 99,116 100,475
Dilutive potential shares from stock options                 1 1 2
Diluted weighted-average Federated Common Stock outstanding [4]                 97,412 99,117 100,477
[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] Income available to participating unvested restricted shareholders includes dividends paid on unvested restricted shares and their proportionate share of undistributed earnings.
[4] Federated Common Stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share.
[5] 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.
[6] 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.
[7] 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.