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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)
In Thousands, except Share data, unless otherwise specified
Total
Preferred Stock
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Total SLM Corporation Equity
Non-controlling interest
Series A Preferred Stock
Series A Preferred Stock
Retained Earnings
Series A Preferred Stock
Total SLM Corporation Equity
Series B Preferred Stock
Series B Preferred Stock
Retained Earnings
Series B Preferred Stock
Total SLM Corporation Equity
Navient's subsidiary investment
Additional Paid-In Capital
Beginning Balance, value at Dec. 31, 2012 $ 1,089,301       $ 1,068,928 $ 14,348   $ 1,083,276 $ 6,025              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) 197,723       198,743     198,743 (1,020)              
Other comprehensive income (loss), net of tax 25,687         25,687   25,687                
Comprehensive income 223,410             224,430 (1,020)              
Net transfers (to) from affiliate (139,539)       (139,539)     (139,539)                
Cash dividends:                                
Issuance of common shares, shares [1] 8,600,008                              
Ending Balance, value at Sep. 30, 2013 1,173,172       1,128,132 40,035   1,168,167 5,005              
Beginning Balance, value at Jun. 30, 2013 1,205,950       1,162,822 37,790   1,200,612 5,338              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) 49,057       49,390     49,390 (333)              
Other comprehensive income (loss), net of tax 2,245         2,245   2,245                
Comprehensive income 51,302             51,635 (333)              
Net transfers (to) from affiliate (84,080)       (84,080)     (84,080)                
Cash dividends:                                
Issuance of common shares, shares [1] 326,789                              
Ending Balance, value at Sep. 30, 2013 1,173,172       1,128,132 40,035   1,168,167 5,005              
Beginning Balance, value at Dec. 31, 2013 1,166,143 0 0 0 0 (3,024) 0 1,161,471 4,672             1,164,495
Beginning Balance, shares at Dec. 31, 2013   0 0 0                        
Beginning Balances, shares issued at Dec. 31, 2013     0                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) 174,068       0   106,329 174,502 (434)             68,173
Other comprehensive income (loss), net of tax 1,172         1,172   1,172                
Comprehensive income 175,240             175,674 (434)              
Net transfers (to) from affiliate 479,409             479,409               479,409
Separation adjustments related to Spin-Off of Navient Corporation, shares   7,300,000 422,790,320                          
Separation adjustments related to Spin-Off of Navient Corporation 0 565,000 84,558   1,062,519     0               (1,712,077)
Sale of non-controlling interest (4,238)               (4,238)              
Cash dividends:                                
Cash dividends, preferred stock                   (4,792) (4,792) (4,792) (3,286) (3,286) (3,286)  
Dividend equivalent units related to employee stock-based compensation plans         41   (41)                  
Issuance of common shares, shares 1,089,716 [1]   1,089,716                          
Issuance of common shares 4,610   219   4,391     4,610                
Stock-based compensation expense 11,550       11,550     11,550                
Shares repurchased related to employee stock-based compensation plans, shares     (715,393) (715,393)                        
Shares repurchased related to employee stock-based compensation plans (6,208)     (6,208)       (6,208)                
Ending Balance, value at Sep. 30, 2014 1,818,428 565,000 84,777 (6,208) 1,078,501 (1,852) 98,210 1,818,428 0             0
Ending Balance, shares at Sep. 30, 2014   7,300,000 423,164,643 715,393                        
Ending Balance, shares issued at Sep. 30, 2014     423,880,036                          
Beginning Balance, value at Jun. 30, 2014 1,738,264 565,000 84,659 (3,113) 1,071,916 (365) 20,167 1,738,264 0             0
Beginning Balance, shares at Jun. 30, 2014   7,300,000 422,936,478 358,771                        
Beginning Balances, shares issued at Jun. 30, 2014     423,295,249                          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) 82,926           82,926 82,926                
Other comprehensive income (loss), net of tax (1,487)         (1,487)   (1,487)                
Comprehensive income 81,439             81,439                
Net transfers (to) from affiliate 0                              
Cash dividends:                                
Cash dividends, preferred stock                   (2,875) (2,875) (2,875) (1,975) (1,975) (1,975)  
Dividend equivalent units related to employee stock-based compensation plans         33   (33)                  
Issuance of common shares, shares 584,787 [1]   584,787                          
Issuance of common shares 2,165   118   2,047     2,165                
Stock-based compensation expense 4,505       4,505     4,505                
Shares repurchased related to employee stock-based compensation plans, shares     (356,622) (356,622)                        
Shares repurchased related to employee stock-based compensation plans (3,095)     (3,095)       (3,095)                
Ending Balance, value at Sep. 30, 2014 $ 1,818,428   $ 84,777 $ (6,208) $ 1,078,501 $ (1,852) $ 98,210 $ 1,818,428                
Ending Balance, shares at Sep. 30, 2014     423,164,643 715,393                        
Ending Balance, shares issued at Sep. 30, 2014     423,880,036                          
[1] Common shares issued under our various compensation and benefit plans.