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Supplementary Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
(in thousands, except per share data, for the quarters ended)
 
March 31

 
June 30

 
September 30

 
December 31

20191
 
 
 
 
 
 
 
 
Revenue
 
$
307,050

 
$
321,479

 
$
340,340

 
$
358,025

Operating Income
 
$
70,889

 
$
84,940

 
$
89,307

 
$
102,791

Net Income Including the Noncontrolling Interests in Subsidiaries
 
$
54,611

 
$
63,840

 
$
73,585

 
$
85,089

Amounts Attributable to Federated Hermes, Inc.
 
 
 
 
 
 
 
 
Net Income
 
$
54,546

 
$
62,724

 
$
72,962

 
$
82,107

Earnings Per Common Share – Basic and Diluted
 
$
0.54

 
$
0.62

 
$
0.72

 
$
0.81

20181
 
 
 
 
 
 
 
 
Revenue
 
$
263,852

 
$
255,993

 
$
308,616

 
$
307,216

Operating Income
 
$
79,671

 
$
80,757

 
$
81,898

 
$
87,954

Net Income Including the Noncontrolling Interests in Subsidiaries2
 
$
60,006

 
$
38,667

 
$
61,994

 
$
61,632

Amounts Attributable to Federated Hermes, Inc.
 
 
 
 
 
 
 
 
Net Income2
 
$
60,331

 
$
38,822

 
$
59,608

 
$
61,536

Earnings Per Common Share – Basic and Diluted
 
$
0.60

 
$
0.38

 
$
0.59

 
$
0.61


1
The financial results of Hermes have been included in Federated's Consolidated Financial Statements from the July 1, 2018 effective date of the acquisition.
2
The quarter ended June 30, 2018 includes a $29.0 million loss related to two derivative financial instruments associated with the Hermes Acquisition (see Note (9) for additional information).