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Earnings (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2015
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 earnings (loss) per share of common stock.
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
 
2015
 
2014
 
 
2015
 
2014
 
(Dollars and shares in millions, except per share amounts)
Net income
 
$
4,640

 
 
 
$
3,667

 
 
 
 
$
6,528

 
 
 
$
8,992

 
Less: Net income attributable to noncontrolling interest
 
—

 
 
 
(1
)
 
 
 
 
—

 
 
 
(1
)
 
Net income attributable to Fannie Mae
 
4,640

 
 
 
3,666

 
 
 
 
6,528

 
 
 
8,991

 
Dividends distributed or available for distribution to senior preferred stockholder(1)
 
(4,359
)
 
 
 
(3,712
)
 
 
 
 
(6,155
)
 
 
 
(9,404
)
 
Net income (loss) attributable to common stockholders
 
$
281

 
 
 
$
(46
)
 
 
 
 
$
373

 
 
 
$
(413
)
 
Weighted-average common shares outstanding—Basic(2)
 
5,762

 
 
 
5,762

 
 
 
 
5,762

 
 
 
5,762

 
Convertible preferred stock
 
131

 
 
 
—

 
 
 
 
131

 
 
 
—

 
Weighted-average common shares outstanding—Diluted(2)
 
5,893

 
 
 
5,762

 
 
 
 
5,893

 
 
 
5,762

 
Earnings (loss) per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.05

 
 
 
$
(0.01
)
 
 
 
 
$
0.06

 
 
 
$
(0.07
)
 
Diluted
 
0.05

 
 
 
(0.01
)
 
 
 
 
0.06

 
 
 
(0.07
)
 
__________
(1) 
Dividends distributed or available for distribution for the three months ended June 30, 2015 and 2014 (relating to the dividend periods for the three months ended September 30, 2015 and 2014) were calculated based on our net worth as of June 30, 2015 and 2014, respectively, less the applicable capital reserve. For the six months ended June 30, 2015 and 2014, we add dividends paid related to the dividend periods for the three months ended June 30, 2015 and 2014, respectively, to these amounts.
(2) 
Includes 4.6 billion 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 June 30, 2015 and 2014.