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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
May 31, 2016
May 31, 2015
May 31, 2014
Income Statement [Abstract]      
Interest income $ 1,012,636 $ 952,976 $ 957,540
Interest expense (681,850) [1] (635,684) (654,655)
Net interest income 330,786 317,292 302,885
Benefit (provision) for loan losses 646 21,954 (3,498)
Net interest income after provision for loan losses 331,432 339,246 299,387
Non-interest income:      
Fee and other income 21,785 36,783 17,762
Derivative losses (309,841) (196,999) (34,421)
Results of operations of foreclosed assets (6,899) (120,148) (13,494)
Total non-interest income (294,955) (280,364) (30,153)
Non-interest expense:      
Salaries and employee benefits (44,590) (43,845) (41,176)
Other general and administrative expenses (41,753) (32,685) (31,390)
Losses on early extinguishment of debt (333) (703) (1,452)
Other (1,260) (167) (286)
Total non-interest expense (87,936) (77,400) (74,304)
Income (loss) before income taxes (51,459) (18,518) 194,930
Income tax expense (57) (409) (2,004)
Net income (loss) (51,516) (18,927) 192,926
Less: Net (income) loss attributable to noncontrolling interests 1,863 (105) (2,859)
Net income (loss) attributable to CFC $ (49,653) $ (19,032) $ 190,067
[1] (1) Represents interest expense and the amortization of discounts on debt.