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Consolidation - Consolidated Federated Fund VIEs (Details) - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Variable Interest Entities [Line Items]    
Federated's Net Interest in Federated Fund VIEs $ 4.1 $ 10.1
Variable Interest Entity, Primary Beneficiary, Aggregated Disclosure    
Variable Interest Entities [Line Items]    
Less: Liabilities 0.5 0.3
Less: Redeemable Noncontrolling Interest in Subsidiaries 9.0 11.2
Variable Interest Entity, Primary Beneficiary, Aggregated Disclosure | Investments—Consolidated Investment Companies    
Variable Interest Entities [Line Items]    
Consolidated VIE assets 13.2 21.2
Variable Interest Entity, Primary Beneficiary, Aggregated Disclosure | Receivables    
Variable Interest Entities [Line Items]    
Consolidated VIE assets $ 0.4 $ 0.4