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Business Segment Reporting - (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Segment Reporting Information, Profit (Loss) [Abstract]          
Interest and Dividend Income, Operating $ 60,882 [1] $ 62,975 [2] $ 172,375 [1] $ 186,218 [2]  
Interest Income Reclassification 0 0 0 0  
Total interest expense 48,886 [3] 34,787 [4] 126,114 [3] 101,499 [4]  
Net effective spread 11,996 28,188 46,261 84,719  
Guarantee and commitment fees 6,172 6,819 19,093 20,190  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 17,283 [5] 3,002 [6] 13,025 [5] 28,559 [6]  
Noninterest Income 23,455 9,821 32,118 48,749  
Provision for Loan Losses Expensed 511 (499) (499) (598)  
(Release of)/provision for reserve for losses (1,315) 463 (2,188) 1,034  
Noninterest Expense, Excluding Loan, Lease and Other Losses 8,410 7,978 25,086 24,452  
Noninterest Expense 7,095 [7] 8,441 [7] 22,898 [7] 25,486 [7]  
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest 27,845 30,067 55,980 108,580  
Income tax expense 7,564 8,226 55 29,978  
Net income 20,281 21,841 55,925 78,602  
Preferred Stock Dividends, Income Statement Impact 3,283 881 6,543 2,613  
Net Income (Loss) Attributable to Noncontrolling Interest 5,412 5,547 16,778 16,641  
Net Income (Loss) Available to Common Stockholders, Basic 11,586 15,413 32,604 59,348  
Segment Reporting Information, Additional Information [Abstract]          
Assets 14,525,697 13,085,007 14,525,697 13,085,007 13,361,780
On and Off Balance Sheet Program Assets, At Principal Balance 14,004,822 13,786,266 14,004,822 13,786,266  
Farm & Ranch [Member]
         
Segment Reporting Information, Profit (Loss) [Abstract]          
Interest and Dividend Income, Operating 20,052 [1] 16,398 [2] 57,988 [1] 47,860 [2]  
Interest Income Reclassification (508) (227) (1,552) (602)  
Total interest expense 11,337 [3] 8,191 [4] 33,295 [3] 22,967 [4]  
Net effective spread 8,207 7,980 23,141 24,291  
Guarantee and commitment fees 3,716 3,725 11,432 11,099  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 369 [5] 157 [6] 742 [5] 2,051 [6]  
Noninterest Income 4,085 3,882 12,174 13,150  
Provision for Loan Losses Expensed 511 (499) (499) (598)  
(Release of)/provision for reserve for losses (1,315) 463 (2,188) 1,034  
Noninterest Expense, Excluding Loan, Lease and Other Losses 3,797 3,600 11,263 11,199  
Noninterest Expense 2,482 [7] 4,063 [7] 9,075 [7] 12,233 [7]  
Segment core earnings before income taxes 9,299 8,298 26,739 25,806  
Income tax expense 3,255 2,904 9,358 9,032  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 6,044 5,394 17,381 16,774  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0  
Segment core earnings 6,044 5,394 17,381 16,774  
Segment Reporting Information, Additional Information [Abstract]          
Assets 2,428,603 2,003,547 2,428,603 2,003,547  
On and Off Balance Sheet Program Assets, At Principal Balance 5,314,437 5,035,748 5,314,437 5,035,748  
USDA Guarantees [Member]
         
Segment Reporting Information, Profit (Loss) [Abstract]          
Interest and Dividend Income, Operating 14,183 [1] 13,461 [2] 40,449 [1] 39,959 [2]  
Interest Income Reclassification 0    0 0  
Total interest expense 9,110 [3] 8,956 [4] 27,433 [3] 26,252 [4]  
Net effective spread 5,073 4,505 13,016 13,707  
Guarantee and commitment fees 49 30 98 105  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 13 [5] 241 [6] 49 [5] 758 [6]  
Noninterest Income 62 271 147 863  
Provision for Loan Losses Expensed 0 0 0 0  
(Release of)/provision for reserve for losses 0    0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses 747 711 2,242 2,168  
Noninterest Expense 747 [7] 711 [7] 2,242 [7] 2,168 [7]  
Segment core earnings before income taxes 4,388 4,065 10,921 12,402  
Income tax expense 1,535 1,423 3,823 4,341  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 2,853 2,642 7,098 8,061  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0  
Segment core earnings 2,853 2,642 7,098 8,061  
Segment Reporting Information, Additional Information [Abstract]          
Assets 1,772,333 1,674,309 1,772,333 1,674,309  
On and Off Balance Sheet Program Assets, At Principal Balance 1,759,948 1,676,793 1,759,948 1,676,793  
Rural Utilities [Member]
         
Segment Reporting Information, Profit (Loss) [Abstract]          
Interest and Dividend Income, Operating 6,703 [1] 8,933 [2] 21,228 [1] 26,903 [2]  
Interest Income Reclassification 0    0 0  
Total interest expense 3,813 [3] 5,959 [4] 13,395 [3] 17,690 [4]  
Net effective spread 2,890 2,974 7,833 9,213  
Guarantee and commitment fees 0 0 0 948  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 9 [5] 0 [6] 9 [5] 0 [6]  
Noninterest Income 9 0 9 948  
Provision for Loan Losses Expensed 0 0 0 0  
(Release of)/provision for reserve for losses 0    0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses 762 777 2,369 2,350  
Noninterest Expense 762 [7] 777 [7] 2,369 [7] 2,350 [7]  
Segment core earnings before income taxes 2,137 2,197 5,473 7,811  
Income tax expense 749 769 1,917 2,734  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 1,388 1,428 3,556 5,077  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0  
Segment core earnings 1,388 1,428 3,556 5,077  
Segment Reporting Information, Additional Information [Abstract]          
Assets 981,300 1,049,840 981,300 1,049,840  
On and Off Balance Sheet Program Assets, At Principal Balance 978,637 1,017,774 978,637 1,017,774  
Institutional Credit [Member]
         
Segment Reporting Information, Profit (Loss) [Abstract]          
Interest and Dividend Income, Operating 16,223 [1] 19,766 [1],[2] 51,244 [1] 58,393 [1],[2]  
Interest Income Reclassification 0    0 0  
Total interest expense 8,928 [3] 13,561 [3],[4] 30,020 [3] 40,348 [3],[4]  
Net effective spread 7,295 6,205 21,224 18,045  
Guarantee and commitment fees 2,915 3,291 9,115 8,640  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 0 [5] 0 [5],[6] 0 [5] 0 [5],[6]  
Noninterest Income 2,915 3,291 9,115 8,640  
Provision for Loan Losses Expensed 0 0 0 0  
(Release of)/provision for reserve for losses 0    0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses 478 445 1,415 1,345  
Noninterest Expense 478 [7] 445 [7] 1,415 [7] 1,345 [7]  
Segment core earnings before income taxes 9,732 9,051 28,924 25,340  
Income tax expense 3,407 3,168 10,124 8,869  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 6,325 5,883 18,800 16,471  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0  
Segment core earnings 6,325 5,883 18,800 16,471  
Segment Reporting Information, Additional Information [Abstract]          
Assets 5,016,670 5,144,693 5,016,670 5,144,693  
On and Off Balance Sheet Program Assets, At Principal Balance 5,951,800 6,055,951 5,951,800 6,055,951  
Corporate [Member]
         
Segment Reporting Information, Profit (Loss) [Abstract]          
Interest and Dividend Income, Operating 4,683 [1] 5,263 [2] 15,103 [1] 16,468 [2]  
Interest Income Reclassification 0    0 0  
Total interest expense 910 [3] 1,146 [4] 3,028 [3] 3,617 [4]  
Net effective spread 3,773 4,117 12,075 12,851  
Guarantee and commitment fees 0 0 0 0  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees (2,392) [5] (825) [6] (3,566) [5] 1,395 [6]  
Noninterest Income (2,392) (825) (3,566) 1,395  
Provision for Loan Losses Expensed 0 0 0 0  
(Release of)/provision for reserve for losses 0    0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses 2,626 2,445 7,797 7,390  
Noninterest Expense 2,626 [7] 2,445 [7] 7,797 [7] 7,390 [7]  
Segment core earnings before income taxes (1,245) 847 712 6,856  
Income tax expense (2,619) (2,001) (19,295) (5,625)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 1,374 2,848 20,007 12,481  
Preferred Stock Dividends, Income Statement Impact 3,283 881 6,543 2,613  
Net Income (Loss) Attributable to Noncontrolling Interest 5,412 5,547 16,778 16,641  
Segment core earnings (7,321) (3,580) (3,314) (6,773)  
Segment Reporting Information, Additional Information [Abstract]          
Assets 4,326,791 3,212,618 4,326,791 3,212,618  
On and Off Balance Sheet Program Assets, At Principal Balance              
Segment Reconciling Items [Member]
         
Segment Reporting Information, Profit (Loss) [Abstract]          
Interest and Dividend Income, Operating (962) [1] (846) [2] (13,637) [1] (3,365) [2]  
Interest Income Reclassification 508 227 1,552 602  
Total interest expense 14,788 [3] (3,026) [4] 18,943 [3] (9,375) [4]  
Net effective spread (15,242) 2,407 (31,028) 6,612  
Guarantee and commitment fees (508) (227) (1,552) (602)  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 19,284 [5] 3,429 [6] 15,791 [5] 24,355 [6]  
Noninterest Income 18,776 3,202 14,239 23,753  
Provision for Loan Losses Expensed 0 0 0 0  
(Release of)/provision for reserve for losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses 0 0 0 0  
Noninterest Expense 0 [7] 0 [7] 0 [7] 0 [7]  
Segment core earnings before income taxes 3,534 [8] 5,609 [8] (16,789) [8] 30,365 [8]  
Income tax expense 1,237 1,963 (5,872) 10,627  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 2,297 [8] 3,646 [8] (10,917) [8] 19,738 [8]  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Net Income (Loss) Attributable to Noncontrolling Interest 0 0 0 0  
Segment core earnings 2,297 [8] 3,646 [8] (10,917) [8] 19,738 [8]  
Segment Reporting Information, Additional Information [Abstract]          
Assets 0 0 0 0  
On and Off Balance Sheet Program Assets, At Principal Balance $ 0 $ 0 $ 0 $ 0  
[1] Includes reconciling adjustments for the amortization of premiums and discounts on assets consolidated at fair value to reflect core earnings amounts and interest income related to securities purchased under agreements to resell.
[2] Includes reconciling adjustments for the amortization of premiums and discounts on assets consolidated at fair value to reflect core earnings amounts.
[3] 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 "Gains/(losses) on financial derivatives and hedging activities" on the consolidated financial statements. Includes reconciling adjustments for interest expense related to securities sold, not yet purchased.
[4] 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 "Gains/(losses) on financial derivatives and hedging activities" on the consolidated financial statements.
[5] Includes interest income and interest expense related to securities purchased under agreements to resell and securities sold, not yet purchased, respectively; 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; and a reconciling adjustment related to the recognition of deferred gains over the estimated lives of certain Farmer Mac Guaranteed Securities and USDA Securities.
[6] 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.
[7] Includes directly attributable costs and an allocation of indirectly attributable costs based on headcount.
[8] 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.