Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 104,839	$ 172,628
Investments—affiliates	130,785	141,748	[1]
Investments—consolidated investment companies	58,072	25,368
Investments—other	7,453	7,071
Receivables, net of reserve of $84 and $59, respectively	44,804	33,524
Prepaid expenses	9,994	10,722
Other current assets	3,813	4,767
Total current assets	359,760	395,828
Long-Term Assets
Goodwill	659,189	659,315
Renewable investment advisory contracts	70,378	70,582
Other intangible assets, net	3,570	4,595
Property and equipment, net	39,280	35,743
Other long-term assets	22,930	21,140
Total long-term assets	795,347	791,375
Total assets	1,155,107	1,187,203
Current Liabilities
Short-term debt	25,500	25,500
Accounts payable and accrued expenses	54,177	43,551
Accrued compensation and benefits	74,745	75,691
Other current liabilities	8,116	14,466
Total current liabilities	162,538	159,208
Long-Term Liabilities
Long-term debt	165,750	191,250
Long-term deferred tax liability, net	176,686	158,895
Other long-term liabilities	22,987	20,144
Total long-term liabilities	365,423	370,289
Total liabilities	527,961	529,497
Commitments and contingencies (Note (17))
Temporary Equity
Redeemable noncontrolling interest in subsidiaries	31,362	8,734
Permanent Equity
Retained earnings	529,749	545,785
Treasury stock, at cost, 7,515,773 and 5,411,429 shares Class B common stock, respectively	(255,382)	(191,939)
Accumulated other comprehensive loss, net of tax	(523)	(4,609)
Total Federated Investors, Inc. shareholders' equity	594,826	647,816
Nonredeemable noncontrolling interest in subsidiary	958	1,156
Total permanent equity	595,784	648,972
Total liabilities, temporary equity and permanent equity	1,155,107	1,187,203
Class A [Member]
Permanent Equity
Common stock	189	189
Common Class B [Member]
Permanent Equity
Common stock	$ 320,793	$ 298,390

[1] Investments that calculate NAV as a practical expedient were recategorized and are no longer included within Level 2 of the valuation hierarchy as of December 31, 2015 (see Note (2) for additional information).