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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Assets:    
Cash and cash equivalents $ 1,729,563 $ 1,210,084
Loans:    
Loans held for investment, at amortized cost 3,204,452 3,258,413
Loans held for investment in consolidated trusts, at amortized cost 816,267 708,111
Allowance for loan losses (4,529) (4,480)
Total loans, net of allowance 4,016,190 3,962,044
Real estate owned, at lower of cost or fair value 1,330 1,369
Financial derivatives, at fair value 7,034 3,816
Interest receivable (includes $5,270 and $7,938, respectively, related to consolidated trusts) 75,067 112,700
Guarantee and commitment fees receivable 39,389 40,189
Deferred tax asset, net 47,236 42,916
Prepaid expenses and other assets 79,518 47,780
Total Assets 16,156,028 15,540,354
Notes payable:    
Due within one year 9,322,682 9,111,461
Due after one year 5,264,695 4,967,036
Total notes payable 14,587,377 14,078,497
Debt securities of consolidated trusts held by third parties 816,435 713,536
Financial derivatives, at fair value 117,956 77,199
Accrued interest payable (includes $4,244 and $6,705, respectively, related to consolidated trusts) 38,152 47,621
Guarantee and commitment obligation 37,540 38,609
Accounts payable and accrued expenses 12,455 29,089
Reserve for losses 2,097 2,083
Total Liabilities $ 15,612,012 $ 14,986,634
Commitments and Contingencies (Note 6)
Common stock:    
Additional paid-in capital $ 117,434 $ 117,862
Accumulated other comprehensive loss, net of tax (18,917) (11,019)
Retained earnings 230,062 231,228
Total Stockholders' Equity 543,789 553,517
Non-controlling interest 227 203
Total Equity 544,016 553,720
Total Liabilities and Equity 16,156,028 15,540,354
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 8,920 9,156
Investment Securities [Member]    
Assets:    
Available-for-sale, at fair value 2,452,582 2,775,025
Trading, at fair value 383 491
Marketable Securities 2,452,965 2,775,516
Farmer Mac Guaranteed Securities:    
Assets:    
Available-for-sale, at fair value 4,565,504 4,152,605
Held-to-maturity, at amortized cost 1,207,349 1,274,016
Marketable Securities 5,772,853 5,426,621
USDA Securities [Member]    
Assets:    
Available-for-sale, at fair value 1,908,014 1,888,344
Trading, at fair value 26,869 28,975
Marketable Securities $ 1,934,883 $ 1,917,319