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(Loss) Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Share, Basic and Diluted [Table Text Block]
The following table displays the computation of basic and diluted (loss) earnings per share of common stock for the years ended December 31, 2014, 2013 and 2012.
 
 
For the Year Ended December 31,
 
 
2014
 
2013
 
2012
 
 
(Dollars and shares in millions, except per share amounts)
Net income
 
$
14,209

 
$
83,982

 
$
17,220

Less: Net (income) loss attributable to noncontrolling interest
 
(1
)
 
(19
)
 
4

Net income attributable to Fannie Mae
 
14,208

 
83,963

 
17,224

Dividends distributed or available for distribution to senior preferred stockholder(1)
 
(15,323
)
 
(85,419
)
 
(15,827
)
Net (loss) income attributable to common stockholders
 
$
(1,115
)
 
$
(1,456
)
 
$
1,397

Weighted-average common shares outstanding—Basic(2)
 
5,762

 
5,762

 
5,762

Convertible preferred stock
 

 

 
131

Weighted-average common shares outstanding—Diluted(2)
 
5,762

 
5,762

 
5,893

(Loss) earnings per share:
 
 
 
 
 
 
Basic
 
$
(0.19
)
 
$
(0.25
)
 
$
0.24

Diluted
 
$
(0.19
)
 
$
(0.25
)
 
$
0.24

__________
(1)
Dividends available for distribution as of December 31, 2014 and 2013 (relating to the dividend period for the three months ended March 31, 2015 and 2014) were calculated based on our net worth as of December 31, 2014 and 2013, respectively, less the applicable capital reserve. For quarterly dividend periods in 2014 and 2013, dividends distributed were calculated based on our net worth as of the end of the immediately preceding fiscal quarter less the applicable capital reserve. During the year ended December 31, 2012, an annual dividend rate of 10% on the aggregate liquidation preference was used to calculate the dividend.
(2) 
Includes 4.6 billion for the years ended December 31, 2014 and 2013, and 4.7 billion for the year ended December 31, 2012, of weighted-average shares of common stock that would be issued upon the full exercise of the warrant issued to Treasury from the date the warrant was issued through December 31, 2014, 2013 and 2012, respectively.