Fair Value Inputs Default Rate

No definition available.

Name:	fmd_FairValueInputsDefaultRate
Namespace Prefix:	fmd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	duration

- Definition

Fair Value Inputs, Recovery Rate

+ References

No definition available.

+ Details

Name:	fmd_FairValueInputsRecoveryRate
Namespace Prefix:	fmd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	duration

- Definition

Participation accounts recorded at fair value for the net future cash flows emanating from lenders' credit enhancement accounts which are available to offset net defaults experienced by the education loan portfolio.

+ References

No definition available.

+ Details

Name:	fmd_ParticipationInterestAccount
Namespace Prefix:	fmd_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

Service revenue receivables are recorded at fair value and represent the fair value of service revenues earned from a third party of the Trust Certificate and revenue expected to be collected over the life of various securitization trusts that have purchased education loans facilitated, but not consolidated, by us.

+ References

No definition available.

+ Details

Name:	fmd_ServiceRevenueReceivablesFairValueAmount
Namespace Prefix:	fmd_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Details

Name:	us-gaap_FairValueInputsAssetsQuantitativeInformationLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Definition

Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (bbb)

-URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueInputsDiscountRate
Namespace Prefix:	us-gaap_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	duration

- Definition

Rate at which loans or a loan portfolio are expected to prepay principal balances, used as an input to measure fair value.

+ References

+ Details

Name:	us-gaap_FairValueInputsPrepaymentRate
Namespace Prefix:	us-gaap_
Data Type:	num:percentItemType
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Period Type:	duration

Assets Measured at Fair Value on Recurring Basis (Detail) (USD $) In Thousands, unless otherwise specified						12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013 Level 3	Jun. 30, 2012 Level 3	Jun. 30, 2013 Level 3 Fair Value, Measurements, Recurring	Jun. 30, 2013 Level 3 Deposits for participation interest accounts Fair Value, Measurements, Recurring Discounted Cash Flows	Jun. 30, 2013 Level 3 Deposits for participation interest accounts Fair Value, Measurements, Recurring Discounted Cash Flows Minimum	Jun. 30, 2013 Level 3 Deposits for participation interest accounts Fair Value, Measurements, Recurring Discounted Cash Flows Maximum	Jun. 30, 2013 Level 3 Service revenue receivables Fair Value, Measurements, Recurring Discounted Cash Flows Minimum	Jun. 30, 2013 Level 3 Service revenue receivables Fair Value, Measurements, Recurring Discounted Cash Flows Maximum
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Deposits for participation interest accounts	$ 13,147	$ 4,039	$ 13,147	$ 4,039	$ 13,147
Service revenue receivables	$ 14,817	$ 16,341	$ 14,817	$ 16,341	$ 14,817
Discount rate							8.00%	15.00%	10.00%	16.00%
Annual prepayment rates							5.00%	12.00%	3.00%	9.00%
Annual default rates							0.00%	2.25%	1.00%	10.00%
Annual net recovery rates						2.67%			2.00%	2.50%