XML 58 R48.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidation - Narrative (Details)
 3 Months Ended
Mar. 31, 2024
USD ($)
VIE
Mar. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
Variable Interest Entities [Line Items]      
Fee waivers $ 108,200,000 $ 125,200,000  
Number of VIEs consolidated | VIE 1    
Variable Interest Entity Not Primary Beneficiary      
Variable Interest Entities [Line Items]      
Assets under managed investments $ 200,000,000   $ 9,300,000,000
Other Long-Term Assets | Variable Interest Entity Not Primary Beneficiary      
Variable Interest Entities [Line Items]      
Federated Hermes' maximum risk of loss 3,400,000    
Cash and Cash Equivalents | Variable Interest Entity Not Primary Beneficiary      
Variable Interest Entities [Line Items]      
Federated Hermes' maximum risk of loss     133,900,000
Accounts Receivable | Variable Interest Entity Not Primary Beneficiary      
Variable Interest Entities [Line Items]      
Federated Hermes' maximum risk of loss 300,000   $ 1,100,000
Financial Support, Fee Waivers      
Variable Interest Entities [Line Items]      
Money market funds which meet the scope exception of the consolidation guidance 81,100,000 96,100,000  
Financial Support, Capital Contributions      
Variable Interest Entities [Line Items]      
Money market funds which meet the scope exception of the consolidation guidance $ 0 $ 0