Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Classes of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents fair value measurements for classes of Federated's financial assets and liabilities measured at fair value on a recurring basis at December 31:

(in thousands)	Level 1		Level 2		Level 3		Total
2019
Financial Assets
Cash and Cash Equivalents	$	249,174	$	0	$	0	$	249,174
Investments—Consolidated Investment Companies
Equity Securities	7,245		18,383		0		25,628
Debt Securities	0		38,898		0		38,898
Investments—Affiliates and Other
Equity Securities	23,667		335		12		24,014
Debt Securities	0		2,610		311		2,921
Other1	2,901		3,177		0		6,078
Total Financial Assets	$	282,987	$	63,403	$	323	$	346,713
Total Financial Liabilities2	$	6	$	0	$	2,081	$	2,087
2018
Financial Assets
Cash and Cash Equivalents	$	156,832	$	0	$	0	$	156,832
Investments—Consolidated Investment Companies
Equity Securities	1,269		633		0		1,902
Debt Securities	0		20,896		0		20,896
Investments—Affiliates and Other
Equity Securities	6,963		403		38		7,404
Debt Securities	0		3,456		0		3,456
Other	597		0		70		667
Total Financial Assets	$	165,661	$	25,388	$	108	$	191,157
Total Financial Liabilities2	$	53	$	3,852	$	385	$	4,290

1 Amounts primarily consist of a derivative asset and security deposits.

2

Amounts primarily consist of acquisition-related future contingent consideration liabilities and derivative liabilities.