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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets:    
Cash and cash equivalents $ 866,585 $ 749,313
Loans:    
Loans Held for Investment, at amortized cost 2,641,714 2,570,125
Loans held for investment in consolidated trust, at amortized cost 609,464 629,989
Allowance for loan losses (7,410) (6,866)
Total loans, net of allowance 3,243,768 3,193,248
Real estate owned, at lower of cost or fair value 2,503 2,617
Financial derivatives Assets, at fair value 11,357 19,718
Interest receivable 65,223 107,201
Guarantee and commitment fees receivable 43,873 43,904
Deferred Tax Assets, Net 32,818 44,045
Prepaid expenses and other assets 16,917 14,046
Total Assets 13,554,353 13,361,780
Notes payable:    
Due within one year 7,354,271 7,338,781
Due after one year 5,036,375 5,001,169
Total notes payable 12,390,646 12,339,950
Debt securities of consolidated trusts held by third parties 312,643 261,760
Financial derivatives Liability, at fair value 73,887 75,708
Accrued interest payable 37,104 53,772
Guarantee and commitment obligation 40,643 39,667
Accounts payable and accrued expenses 13,886 9,986
Reserve for losses 6,569 6,468
Total Liabilities 12,875,378 12,787,311
Commitments and Contingencies (Note 6)      
Common stock:    
Additional paid-in capital 111,477 110,722
Accumulated other comprehensive income, net of tax, related to available-for-sale securities 14,954 (16,202)
Retained earnings 168,166 168,877
Total Stockholders' Equity 437,122 332,616
Non-controlling interest - preferred stock 241,853 241,853
Total Equity 678,975 574,469
Total Liabilities and Equity 13,554,353 13,361,780
Series A Preferred Stock [Member]
   
Preferred stock:    
Preferred Stock 58,333 58,333
Series B Preferred Stock [Member]
   
Preferred stock:    
Preferred Stock 73,306 0
Common Class A, Voting [Member]
   
Common stock:    
Common stock 1,031 1,031
Common Class B, Voting [Member]
   
Common stock:    
Common stock 500 500
Common Class C, Non-Voting [Member]
   
Common stock:    
Common stock 9,355 9,355
Investment Securities [Member]
   
Assets:    
Available-for-sale, at fair value 2,469,092 2,483,147
Trading, at fair value 923 928
Marketable Securities 2,470,015 2,484,075
Farmer Mac Guaranteed Securities [Member]
   
Assets:    
Available-for-sale, at fair value 3,489,263 5,091,600
Held-to-maturity Securities 1,660,270 0
Marketable Securities 5,149,533 5,091,600
USDA Securities [Member]
   
Assets:    
Available-for-sale, at fair value 1,600,659 1,553,669
Trading, at fair value 51,102 58,344
Marketable Securities $ 1,651,761 $ 1,612,013