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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Assets:    
Cash and cash equivalents $ 1,683,156 $ 1,363,387
Loans:    
Loans held for investment, at amortized cost 3,153,012 2,833,461
Loans held for investment in consolidated trusts, at amortized cost 512,559 692,478
Allowance for loan losses (5,939) (5,864)
Total loans, net of allowance 3,659,632 3,520,075
Real estate owned, at lower of cost or fair value 750 421
Financial derivatives, at fair value 7,455 4,177
Interest receivable (includes $6,338 and $9,509, respectively, related to consolidated trusts) 101,127 106,874
Guarantee and commitment fees receivable 37,847 39,462
Deferred tax asset, net 23,130 33,391
Prepaid expenses and other assets 46,584 55,413
Total Assets 15,144,597 14,287,821
Notes payable:    
Due within one year 7,632,668 7,353,953
Due after one year 6,013,237 5,471,186
Total notes payable 13,645,905 12,825,139
Debt securities of consolidated trusts held by third parties 516,004 424,214
Financial derivatives, at fair value 69,373 84,844
Accrued interest payable (includes $5,302 and $5,145, respectively, related to consolidated trusts) 50,183 48,355
Guarantee and commitment obligation 36,417 37,925
Accounts payable and accrued expenses 245,785 81,252
Reserve for losses 4,637 4,263
Total Liabilities $ 14,568,304 $ 13,505,992
Commitments and Contingencies (Note 6)    
Common stock:    
Additional paid-in capital $ 116,098 $ 113,559
Accumulated other comprehensive income, net of tax 22,733 15,533
Retained earnings 221,477 201,013
Total Stockholders' Equity 576,106 545,801
Non-controlling interest 187 236,028
Total Equity 576,293 781,829
Total Liabilities and Equity 15,144,597 14,287,821
Series A Preferred Stock [Member]    
Preferred stock:    
Preferred stock 58,333 58,333
Series B Preferred Stock [Member]    
Preferred stock:    
Preferred stock 73,044 73,044
Series C Preferred Stock [Member]    
Preferred stock:    
Preferred stock 73,382 73,382
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 9,508 9,406
Investment Securities [Member]    
Assets:    
Available-for-sale, at fair value 1,851,899 1,938,499
Trading, at fair value 606 689
Marketable Securities 1,852,505 1,939,188
Farmer Mac Guaranteed Securities:    
Assets:    
Available-for-sale, at fair value 4,051,208 3,659,281
Held-to-maturity, at amortized cost 1,822,027 1,794,620
Marketable Securities 5,873,235 5,453,901
USDA Securities [Member]    
Assets:    
Available-for-sale, at fair value 1,825,406 1,731,222
Trading, at fair value 33,770 40,310
Marketable Securities $ 1,859,176 $ 1,771,532