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v3.23.2

Consolidation - Narrative (Details) | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2023 USD ($) | Jun. 30, 2022 USD ($) | Jun. 30, 2023 USD ($) variable_interest_entity | Jun. 30, 2022 USD ($) | Dec. 31, 2022 USD ($)
Variable Interest Entities [Line Items] |  |  |  |  |
Fee waivers | $ 131,300,000 | $ 128,000,000 | $ 256,500,000 | $ 326,500,000 |
Number of VIEs consolidated | variable_interest_entity |  |  | 2 |  |
Number of seeded funds | variable_interest_entity |  |  | 1 |  |
Number of funds with increased ownership | variable_interest_entity |  |  | 1 |  |
Number of VIEs deconsolidated | variable_interest_entity |  |  | 1 |  |
Other current liabilities | 33,253,000 |  | $ 33,253,000 |  | $ 15,358,000
Affiliates |  |  |  |  |
Variable Interest Entities [Line Items] |  |  |  |  |
Receivables | 61,469,000 |  | 61,469,000 |  | 35,941,000
Variable Interest Entity, Primary Beneficiary |  |  |  |  |
Variable Interest Entities [Line Items] |  |  |  |  |
Other current liabilities | 17,400,000 |  | 17,400,000 |  |
Variable Interest Entity, Primary Beneficiary | Affiliates |  |  |  |  |
Variable Interest Entities [Line Items] |  |  |  |  |
Receivables | 17,600,000 |  | 17,600,000 |  |
Variable Interest Entity Not Primary Beneficiary |  |  |  |  |
Variable Interest Entities [Line Items] |  |  |  |  |
Assets under managed investments | 6,300,000,000 |  | 6,300,000,000 |  | 5,400,000,000
Cash and Cash Equivalents | Variable Interest Entity Not Primary Beneficiary |  |  |  |  |
Variable Interest Entities [Line Items] |  |  |  |  |
Federated Hermes' maximum risk of loss in non-consolidated investment companies | 73,500,000 |  | 73,500,000 |  | 101,700,000
Receivables-Affiliates | Variable Interest Entity Not Primary Beneficiary |  |  |  |  |
Variable Interest Entities [Line Items] |  |  |  |  |
Federated Hermes' maximum risk of loss in non-consolidated investment companies | 900,000 |  | 900,000 |  | $ 700,000
Financial Support, Fee Waivers |  |  |  |  |
Variable Interest Entities [Line Items] |  |  |  |  |
Money market funds which meet the scope exception of the consolidation guidance | $ 103,400,000 | $ 97,100,000 | 199,500,000 | 261,900,000 |
Financial Support, Capital Contributions |  |  |  |  |
Variable Interest Entities [Line Items] |  |  |  |  |
Money market funds which meet the scope exception of the consolidation guidance |  |  | $ 0 | $ 0 |

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