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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Total SLM Corporation Equity
Redemption of Series A Preferred Stock
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Series A Preferred Stock
Series A Preferred Stock
Total SLM Corporation Equity
Series A Preferred Stock
Redemption of Series A Preferred Stock
Series A Preferred Stock
Retained Earnings
Series B Preferred Stock
Total SLM Corporation Equity
Series B Preferred Stock
Retained Earnings
Beginning balance, shares issued (in shares) at Dec. 31, 2015     7,300,000 430,677,434                    
Beginning balance (in shares) at Dec. 31, 2015       426,303,244 (4,374,190)                  
Beginning balance at Dec. 31, 2015   $ 2,096,323 $ 565,000 $ 86,136 $ (41,223) $ 1,135,860 $ (16,059) $ 366,609            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income $ 250,327 250,327           250,327            
Other comprehensive income, net of tax 7,388 7,388         7,388              
Total comprehensive income $ 257,715 257,715                        
Cash dividends:                            
Preferred Stock, series B ($3.91 per share)                   $ (11,501)   $ (11,501) $ (9,703) $ (9,703)
Redemption of Series A Preferred Stock (3,354,730)                          
Dividend equivalent units related to employee stock-based compensation plans   0       410   (410)            
Issuance of common shares (in shares) 5,955,045     5,955,045                    
Issuance of common shares   19,191   $ 1,191   18,000                
Tax benefit related to employee stock-based compensation   (1,650)       (1,650)                
Stock-based compensation expense   22,944       22,944                
Shares repurchased related to employee stock-based compensation plans       (3,354,730) (3,354,730)                  
Shares repurchased related to employee stock-based compensation plans   (26,261)     $ (26,261)                  
Ending balance, shares issued (in shares) at Dec. 31, 2016     7,300,000 436,632,479                    
Ending balance (in shares) at Dec. 31, 2016       428,903,559 (7,728,920)                  
Ending balance at Dec. 31, 2016   2,347,058 $ 565,000 $ 87,327 $ (67,484) 1,175,564 (8,671) 595,322            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Net income $ 288,934 288,934           288,934            
Other comprehensive income, net of tax 11,419 11,419         11,419              
Total comprehensive income $ 300,353 300,353                        
Cash dividends:                            
Preferred Stock, series B ($3.91 per share)                   (3,961)   (3,961) $ (11,753) $ (11,753)
Redemption of Series A Preferred Stock (3,358,417)                   (3,300,000)      
Redemption of Series A Preferred Stock                 $ (165,000)   $ (165,000)      
Dividend equivalent units related to employee stock-based compensation plans   0       96   (96)            
Issuance of common shares (in shares) 6,831,108     6,831,108                    
Issuance of common shares   19,655   $ 1,366   18,289                
Stock-based compensation expense   27,899       27,899                
Shares repurchased related to employee stock-based compensation plans       (3,358,417) (3,358,417)                  
Shares repurchased related to employee stock-based compensation plans   (40,160)     $ (40,160)                  
Ending balance, shares issued (in shares) at Dec. 31, 2017     4,000,000 443,463,587                    
Ending balance (in shares) at Dec. 31, 2017       432,376,250 (11,087,337)                  
Ending balance at Dec. 31, 2017 $ 2,474,256 2,474,256 $ 400,000 $ 88,693 $ (107,644) 1,222,277 2,748 868,182            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Reclassification resulting from the adoption of ASU No. 2017-12 165         429   (264)            
Net income 487,476 487,476           487,476            
Other comprehensive income, net of tax 7,013 7,013         7,013              
Total comprehensive income $ 494,489 494,489                        
Reclassification resulting from the adoption of ASU No. 2018-02   0       0   (592)            
Reclassification resulting from the adoption of ASU No. 2018-02             592              
Cash dividends:                            
Preferred Stock, series B ($3.91 per share)                   $ (15,640)   $ (15,640)    
Redemption of Series A Preferred Stock (3,087,396)                          
Issuance of common shares (in shares) 6,392,634     6,392,634                    
Issuance of common shares   22,113   $ 1,279   20,834                
Stock-based compensation expense   31,524       31,524                
Shares repurchased related to employee stock-based compensation plans       (3,087,396) (3,087,396)                  
Shares repurchased related to employee stock-based compensation plans   (34,947)     $ (34,947)                  
Ending balance, shares issued (in shares) at Dec. 31, 2018     4,000,000 449,856,221                    
Ending balance (in shares) at Dec. 31, 2018       435,681,488 (14,174,733)                  
Ending balance at Dec. 31, 2018 $ 2,972,656 $ 2,972,656 $ 400,000 $ 89,972 $ (142,591) $ 1,274,635 10,623 1,340,017            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Reclassification resulting from the adoption of ASU No. 2017-12 | Accounting Standards Update 2017-12 [Member] $ 861           $ 270 $ 591