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Business Segment Reporting - (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Segment Reporting Information [Line Items]      
Total interest income $ 49,718 [1] $ 61,498  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0 0  
Interest Expense (34,726) [2] (33,128)  
Net interest income 14,992 28,370  
Guaranty Fee Income 6,518 6,612  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees (6,819) [3] 5,833  
Non-interest Income/(loss) (301) 12,445  
Provision for loan losses (573) (430)  
Provision for/(release of) losses (101) (746)  
Noninterest Expense, Excluding Loan, Lease and Other Losses (7,846) (8,335)  
Noninterest Expense (7,947) [4] (9,081)  
Income/(loss) before income taxes 6,171 31,304  
Income tax (benefit)/expense 1,141 (8,716)  
Net income 7,312 22,588  
Preferred stock dividends (952) (851)  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends (5,547) (5,547)  
Net Income (Loss) Available to Common Stockholders, Basic 813 16,190  
Total assets at carrying value 13,554,353 12,892,672 13,361,780
On and Off Balance Sheet Program Assets, At Principal Balance 14,108,203 13,437,862  
Farm & Ranch [Member]
     
Segment Reporting Information [Line Items]      
Total interest income 18,339 [1] 15,416  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income (531) (180)  
Interest Expense (10,230) [2] (7,153)  
Net interest income 7,578 8,083  
Guaranty Fee Income 3,909 3,671  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 130 [3] 595  
Non-interest Income/(loss) 4,039 4,266  
Provision for loan losses (573) (430)  
Provision for/(release of) losses (101) (746)  
Noninterest Expense, Excluding Loan, Lease and Other Losses (3,552) (3,804)  
Noninterest Expense (3,653) [4] (4,550)  
Segment core earnings before income taxes 7,391 7,369  
Income tax (benefit)/expense (2,587) (2,579)  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends 4,804 4,790  
Preferred stock dividends 0 0  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends 0 0  
Segment core earnings 4,804 4,790  
Total assets at carrying value 2,272,643 1,762,977  
On and Off Balance Sheet Program Assets, At Principal Balance 5,293,975 4,782,609  
USDA Guarantees [Member]
     
Segment Reporting Information [Line Items]      
Total interest income 12,959 [1] 13,341  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0 0  
Interest Expense (9,603) [2] (8,647)  
Net interest income 3,356 4,694  
Guaranty Fee Income 26 33  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 28 [3] 200  
Non-interest Income/(loss) 54 233  
Provision for loan losses 0 0  
Provision for/(release of) losses 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (731) (749)  
Noninterest Expense (731) [4] (749)  
Segment core earnings before income taxes 2,679 4,178  
Income tax (benefit)/expense (938) (1,462)  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends 1,741 2,716  
Preferred stock dividends 0 0  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends 0 0  
Segment core earnings 1,741 2,716  
Total assets at carrying value 1,691,056 1,701,413  
On and Off Balance Sheet Program Assets, At Principal Balance 1,686,696 1,648,105  
Rural Utilities [Member]
     
Segment Reporting Information [Line Items]      
Total interest income 7,744 [1] 8,989  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0 0  
Interest Expense (5,543) [2] (5,806)  
Net interest income 2,201 3,183  
Guaranty Fee Income 877 948  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 0 [3] 0  
Non-interest Income/(loss) 877 948  
Provision for loan losses 0 0  
Provision for/(release of) losses 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (777) (802)  
Noninterest Expense (777) [4] (802)  
Segment core earnings before income taxes 2,301 3,329  
Income tax (benefit)/expense (805) (1,165)  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends 1,496 2,164  
Preferred stock dividends 0 0  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends 0 0  
Segment core earnings 1,496 2,164  
Total assets at carrying value 1,030,422 1,072,494  
On and Off Balance Sheet Program Assets, At Principal Balance 1,027,246 1,039,698  
Institutional Credit [Member] [Member]
     
Segment Reporting Information [Line Items]      
Total interest income 17,646 [1] 19,298 [1]  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0 0  
Interest Expense (11,315) [2] (13,435) [2]  
Net interest income 6,331 5,863  
Guaranty Fee Income 2,237 2,140  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 0 [3] 0 [3]  
Non-interest Income/(loss) 2,237 2,140  
Provision for loan losses 0 0  
Provision for/(release of) losses 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (445) (459)  
Noninterest Expense (445) [4] (459) [4]  
Segment core earnings before income taxes 8,123 7,544  
Income tax (benefit)/expense (2,843) (2,640)  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends 5,280 4,904  
Preferred stock dividends 0 0  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends 0 0  
Segment core earnings 5,280 4,904  
Total assets at carrying value 5,157,887 5,093,825  
On and Off Balance Sheet Program Assets, At Principal Balance 6,100,286 5,967,450  
Corporate [Member]
     
Segment Reporting Information [Line Items]      
Total interest income 5,235 [1] 5,734  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 0 0  
Interest Expense (999) [2] (1,294)  
Net interest income 4,236 4,440  
Guaranty Fee Income 0 0  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees (571) [3] (562)  
Non-interest Income/(loss) (571) (562)  
Provision for loan losses 0 0  
Provision for/(release of) losses 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (2,341) (2,521)  
Noninterest Expense (2,341) [4] (2,521)  
Segment core earnings before income taxes 1,324 1,357  
Income tax (benefit)/expense 2,839 1,765  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends 4,163 3,122  
Preferred stock dividends (952) (851)  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends (5,547) (5,547)  
Segment core earnings (2,336) (3,276)  
Total assets at carrying value 3,402,345 3,261,963  
On and Off Balance Sheet Program Assets, At Principal Balance        
Reconciling Adjustments [Member]
     
Segment Reporting Information [Line Items]      
Total interest income (12,205) [1] (1,280)  
Interest income related to consolidated trusts owned by third parties reclassified to guarantee fee income 531 180  
Interest Expense 2,964 [2] 3,207  
Net interest income (8,710) 2,107  
Guaranty Fee Income (531) (180)  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees (6,406) [3] 5,600  
Non-interest Income/(loss) (6,937) 5,420  
Provision for loan losses 0 0  
Provision for/(release of) losses 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses 0 0  
Noninterest Expense 0 [4] 0  
Segment core earnings before income taxes (15,647) [5] 7,527  
Income tax (benefit)/expense 5,475 (2,635)  
Segment core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends (10,172) [5] 4,892  
Preferred stock dividends 0 0  
Less: Net Income attributable to non-controlling Interest - preferred stock dividends 0 0  
Segment core earnings (10,172) [5] 4,892  
Total assets at carrying value 0 0  
On and Off Balance Sheet Program Assets, At Principal Balance $ 0 $ 0  
[1] Includes reconciling adjustments for the amortization of premiums and discounts on assets consolidated at fair value to reflect core earnings amounts.
[2] Based on effective funding cost determined for each operating segment, including expenses related to interest rate swaps not designated as hedges, which are included in "(Losses)/gains on financial derivatives and hedging activities" on the consolidated financial statements.
[3] Includes reconciling adjustments for the reclassification of expenses related to interest rate swaps not designated as hedges and fair value adjustments on financial derivatives and trading assets. Also includes a reconciling adjustment related to the recognition of deferred gains over the estimated lives of certain Farmer Mac Guaranteed Securities and USDA Securities.
[4] Includes directly attributable costs and an allocation of indirectly attributable costs based on headcount.
[5] Net adjustments to reconcile core earnings before income taxes; core earnings before preferred stock dividends and attribution of income to non-controlling interest - preferred stock dividends; and segment core earnings to corresponding income measures: income before income taxes, net income, and net income attributable to common stockholders, respectively.