CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, unless otherwise specified	12 Months Ended
	May 31, 2013	May 31, 2012	May 31, 2011
CONSOLIDATED STATEMENTS OF OPERATIONS
Interest income	$ 955,753	$ 960,961	$ 1,008,911
Interest expense	(692,025)	(761,778)	(841,080)
Net interest income	263,728	199,183	167,831
Recovery of loan losses	70,091	18,108	83,010
Net interest income after recovery of loan losses	333,819	217,291	250,841
Non-interest income:
Fee and other income	38,181	17,749	23,646
Derivative gains (losses)	84,843	(236,620)	(30,236)
Results of operations of foreclosed assets	(897)	(67,497)	(15,989)
Total non-interest income	122,127	(286,368)	(22,579)
Non-interest expense:
Salaries and employee benefits	(55,536)	(39,364)	(42,856)
Other general and administrative expenses	(28,646)	(25,973)	(28,591)
Recovery of (provision for) guarantee liability	4,772	(726)	673
Loss on early extinguishment of debt	(10,636)	(15,525)	(3,928)
Other	(5,064)	(739)	(1,018)
Total non-interest expense	(95,110)	(82,327)	(75,720)
Income (loss) prior to income taxes	360,836	(151,404)	152,542
Income tax (expense) benefit	(2,749)	2,607	(1,327)
Net income (loss)	358,087	(148,797)	151,215
Less: Net (income) loss attributable to the noncontrolling interest	(4,328)	4,070	(1,789)
Net income (loss) attributable to CFC	$ 353,759	$ (144,727)	$ 149,426