CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
Assets:
Cash and cash equivalents	$ 974,963	$ 817,046
Loans:
Loans held for sale, at lower of cost or fair value	557,877	541,447
Loans held for investment, at amortized cost	1,275,322	1,241,311
Loans held for investment in consolidated trusts, at amortized cost	1,073,367	1,121,559
Allowance for loan losses	(10,581)	(10,161)
Total loans, net of allowance	2,895,985	2,894,156
Real estate owned, at lower of cost or fair value	3,136	3,136
Financial derivatives, at fair value	39,119	40,250
Interest receivable (includes $7,817 and $15,578, respectively, related to consolidated trusts)	73,622	110,339
Guarantee and commitment fees receivable	31,255	31,384
Prepaid expenses and other assets	15,283	21,530
Total Assets	12,311,411	11,883,508
Notes payable:
Due within one year	6,493,888	6,087,879
Due after one year	4,334,977	4,104,882
Total notes payable	10,828,865	10,192,761
Debt securities of consolidated trusts held by third parties	656,801	701,583
Financial derivatives, at fair value	143,223	160,024
Accrued interest payable (includes $5,496 and $7,659, respectively, related to consolidated trusts)	41,837	60,854
Guarantee and commitment obligation	28,036	27,440
Accounts payable and accrued expenses	22,618	178,708
Deferred tax liability, net	5,790	250
Reserve for losses	7,385	7,355
Total Liabilities	11,734,555	11,328,975
Commitments and Contingencies (Note 6)
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	104,210	102,821
Accumulated other comprehensive income	79,123	79,370
Retained earnings	83,719	62,554
Total Stockholders' Equity	335,003	312,680
Non-controlling interest - preferred stock	241,853	241,853
Total Equity	576,856	554,533
Total Liabilities and Equity	12,311,411	11,883,508
Investment Securities
Assets:
Available-for-sale, at fair value	2,373,442	2,182,694
Trading, at fair value	1,646	1,796
Total securities	2,375,088	2,184,490
Farmer Mac Guaranteed Securities
Assets:
Available-for-sale, at fair value	4,389,861	4,289,272
USDA Guaranteed Securities
Assets:
Available-for-sale, at fair value	1,328,702	1,279,546
Trading, at fair value	184,397	212,359
Total securities	1,513,099	1,491,905
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	$ 8,842	$ 8,826