CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
Assets:
Cash and cash equivalents	$ 817,046	$ 729,920
Loans:
Loans held for sale, at lower of cost or fair value	541,447	1,212,065
Loans held for investment, at amortized cost	1,241,311	90,674
Loans held for investment in consolidated trusts, at amortized cost	1,121,559	1,265,663
Allowance for loan losses	(10,161)	(9,803)
Total loans, net of allowance	2,894,156	2,558,599
Real estate owned, at lower of cost or fair value	3,136	1,992
Financial derivatives, at fair value	40,250	41,492
Interest receivable (includes $15,578 and $22,845, respectively, related to consolidated trusts)	110,339	90,295
Guarantee and commitment fees receivable	31,384	34,752
Deferred tax asset, net	0	14,530
Prepaid expenses and other assets	21,530	20,297
Total Assets	11,883,508	9,479,914
Notes payable:
Due within one year	6,087,879	4,509,419
Due after one year	4,104,882	3,430,656
Total notes payable	10,192,761	7,940,075
Debt securities of consolidated trusts held by third parties	701,583	827,411
Financial derivatives, at fair value	160,024	113,687
Accrued interest payable (includes $7,659 and $14,439, respectively, related to consolidated trusts)	60,854	57,131
Guarantee and commitment obligation	27,440	30,308
Accounts payable and accrued expenses	178,708	22,113
Deferred tax liability, net	250	0
Reserve for losses	7,355	10,312
Total Liabilities	11,328,975	9,001,037
Commitments and Contingencies (Note 12)
Preferred stock:
Series C, par value $1,000 per share, 100,000 shares authorized, 57,578 shares issued and outstanding	57,578	57,578
Common stock:
Additional paid-in capital	102,821	100,050
Accumulated other comprehensive income	79,370	18,275
Retained earnings	62,554	50,837
Total Stockholders' Equity	312,680	237,024
Non-controlling interest - preferred stock	241,853	241,853
Total Equity	554,533	478,877
Total Liabilities and Equity	11,883,508	9,479,914
Investment Securities
Assets:
Available-for-sale, at fair value	2,182,694	1,677,233
Trading, at fair value	1,796	86,096
Total securities	2,184,490	1,763,329
Farmer Mac Guaranteed Securities
Assets:
Available-for-sale, at fair value	4,289,272	2,907,264
USDA Guaranteed Securities
Assets:
Available-for-sale, at fair value	1,279,546	1,005,679
Trading, at fair value	212,359	311,765
Total securities	1,491,905	1,317,444
Common Stock, Class A Voting
Common stock:
Common stock	1,031	1,031
Common stock, Class B Voting
Common stock:
Common stock	500	500
Common stock, Class C Non-Voting
Common stock:
Common stock	$ 8,826	$ 8,753