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Equity Schedule of stock options, SARs and non-vested restricted stock outstanding (Tables)
12 Months Ended
Dec. 31, 2012
Equity [Abstract]  
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following tables summarize information regarding stock options, SARs, and non-vested restricted stock outstanding as of December 31, 2012:

 
 
Outstanding
 
Exercisable
 
Vested or Expected to Vest
Range of
Exercise Prices
 
Stock Options and SARs
 
Weighted-
Average Remaining Contractual Life
 
Stock Options and SARs
 
Weighted-
Average Remaining Contractual Life
 
Stock Options and SARs
 
Weighted-
Average Remaining Contractual Life
$5.00 - $ 9.99
 
64,999

 
6.3 years
 
64,999

 
6.3 years
 
64,999

 
6.3 years
10.00 - 14.99
 
160,997

 
7.4 years
 
102,004

 
7.4 years
 
151,431

 
7.3 years
15.00 - 19.99
 
95,916

 
7.5 years
 
38,583

 
6.1 years
 
88,821

 
7.4 years
20.00 - 24.99
 
174,821

 
6.0 years
 
85,821

 
2.5 years
 
166,430

 
5.8 years
25.00 - 29.99
 
259,032

 
4.4 years
 
259,032

 
4.4 years
 
259,031

 
4.4 years
30.00 - 34.99
 
32,983

 
6.2 years
 
24,000

 
4.8 years
 
32,354

 
6.1 years
 
 
788,748

 
 
 
574,439

 
 
 
763,066

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding
 
Expected to Vest
 
 

 
  
  Weighted-
Average
Grant-Date
Fair Value
 
 Non-vested Restricted Stock
 
Weighted-Average Remaining Contractual
Life
 
 Non-vested Restricted Stock
 
Weighted-Average Remaining Contractual
Life
 
 

 
  
$10.00 - $14.99
 
26,000

 
0.2 years
 
23,400

 
0.2 years
 
 

 
 
15.00 - 19.99
 
13,300

 
1.2 years
 
12,370

 
1.2 years
 
 

 
 
20.00 - 24.99
 
52,011

 
0.7 years
 
43,973

 
0.8 years
 
 

 
 
 
 
91,311

 
 
 
79,743

 
 
 
 

 
 

The weighted average exercise price of the 763,066 options and SARs vested or expected to vest as of December 31, 2012 was $21.01.

As of December 31, 2012 and 2011, the intrinsic value of options, SARs, and non-vested restricted stock outstanding, exercisable, and vested or expected to vest was $11.4 million and $7.4 million, respectively.  During 2012, 2011, and 2010, the total intrinsic value of options and SARs exercised was $7.4 million, $0.5 million, and $0.2 million, respectively.  As of December 31, 2012, there was $2.1 million of total unrecognized compensation cost related to non-vested stock options, SARS and restricted stock awards.  This cost is expected to be recognized over a weighted-average period of 1.3 years.

The weighted-average grant date fair values of options, SARs, and restricted stock awards granted in 2012, 2011, and 2010 were $16.73, $15.35, and $9.24 per share, respectively.  Under the fair value-based method of accounting for stock-based compensation cost, Farmer Mac recognized compensation expense of $2.5 million, $3.0 million, and $2.8 million during 2012, 2011, and 2010, respectively.