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Business Segment Reporting - Core Earnings - Business Segments (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Segment Reporting Information, Profit (Loss) [Abstract]      
Interest Income $ 73,891 [1] $ 63,951 [2]  
Interest Income Reclassification 0 0  
Total interest expense (40,251) [3] (33,162) [4]  
Net effective spread 33,640 30,789  
Guarantee and commitment fees 3,626 3,377  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees (6,332) [5] (2,902) [6]  
Non-interest (loss)/income (2,706) 475  
Provision for loan losses (49) (76)  
(Release of)/provision for reserve for losses (14) 772  
Noninterest Expense, Excluding Loan, Lease and Other Losses (9,952) (9,115)  
Non-interest expense (9,966) [7] (8,343) [8]  
Income before income taxes 20,919 22,845  
Income tax expense (7,335) (4,231)  
Net income 13,584 18,614  
Preferred Stock Dividends, Income Statement Impact (3,295) (3,295)  
Less: Net loss/(income) attributable to non-controlling interest 28 (5,354)  
Loss on retirement of preferred stock 0 (8,147)  
Net Income (Loss) Available to Common Stockholders, Basic 10,317 1,818  
Segment Reporting Information, Additional Information [Abstract]      
Assets 16,156,028 14,849,685 $ 15,540,354
On and Off Balance Sheet Program Assets, At Principal Balance 16,215,572 14,660,217  
Farm & Ranch [Member]      
Segment Reporting Information, Profit (Loss) [Abstract]      
Interest Income 24,852 [1] 21,968 [2]  
Interest Income Reclassification (1,043) (635)  
Total interest expense (14,348) [3] (11,219) [4]  
Net effective spread 9,461 10,114  
Guarantee and commitment fees 3,909 3,633  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 97 [5] 87 [6]  
Non-interest (loss)/income 4,006 3,720  
Provision for loan losses (49) (76)  
(Release of)/provision for reserve for losses (14) 772  
Noninterest Expense, Excluding Loan, Lease and Other Losses (4,161) (4,326)  
Non-interest expense (4,175) [7] (3,554) [8]  
Segment core earnings before income taxes 9,243 10,204  
Income tax expense (3,236) (3,571)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 6,007 6,633  
Preferred Stock Dividends, Income Statement Impact 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0  
Loss on retirement of preferred stock   0  
Segment core earnings 6,007 6,633  
Segment Reporting Information, Additional Information [Abstract]      
Assets 3,115,749 2,637,743  
On and Off Balance Sheet Program Assets, At Principal Balance 5,713,789 5,347,248  
USDA Guarantees [Member]      
Segment Reporting Information, Profit (Loss) [Abstract]      
Interest Income 15,282 [1] 14,348 [2]  
Interest Income Reclassification 0 0  
Total interest expense (10,974) [3] (10,123) [4]  
Net effective spread 4,308 4,225  
Guarantee and commitment fees 7 (6)  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 58 [5] 59 [6]  
Non-interest (loss)/income 65 53  
Provision for loan losses 0 0  
(Release of)/provision for reserve for losses 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (1,093) (385)  
Non-interest expense (1,093) [7] (385) [8]  
Segment core earnings before income taxes 3,280 3,893  
Income tax expense (1,148) (1,363)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 2,132 2,530  
Preferred Stock Dividends, Income Statement Impact 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0  
Loss on retirement of preferred stock   0  
Segment core earnings 2,132 2,530  
Segment Reporting Information, Additional Information [Abstract]      
Assets 1,987,855 1,876,337  
On and Off Balance Sheet Program Assets, At Principal Balance 1,929,582 1,814,918  
Rural Utilities [Member]      
Segment Reporting Information, Profit (Loss) [Abstract]      
Interest Income 6,829 [1] 6,585 [2]  
Interest Income Reclassification 0 0  
Total interest expense (4,291) [3] (3,781) [4]  
Net effective spread 2,538 2,804  
Guarantee and commitment fees 295 0  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 0 [5] 0 [6]  
Non-interest (loss)/income 295 0  
Provision for loan losses 0 0  
(Release of)/provision for reserve for losses 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (831) (866)  
Non-interest expense (831) [7] (866) [8]  
Segment core earnings before income taxes 2,002 1,938  
Income tax expense (701) (678)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 1,301 1,260  
Preferred Stock Dividends, Income Statement Impact 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0  
Loss on retirement of preferred stock   0  
Segment core earnings 1,301 1,260  
Segment Reporting Information, Additional Information [Abstract]      
Assets 1,002,691 970,020  
On and Off Balance Sheet Program Assets, At Principal Balance 1,510,575 968,117  
Institutional Credit [Member]      
Segment Reporting Information, Profit (Loss) [Abstract]      
Interest Income 20,268 [1] 19,299 [2]  
Interest Income Reclassification 0 0  
Total interest expense (9,178) [3] (8,874) [4]  
Net effective spread 11,090 10,425  
Guarantee and commitment fees 458 385  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees 0 [5] 0 [6]  
Non-interest (loss)/income 458 385  
Provision for loan losses 0 0  
(Release of)/provision for reserve for losses 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (539) (535)  
Non-interest expense (539) [7] (535) [8]  
Segment core earnings before income taxes 11,009 10,275  
Income tax expense (3,852) (3,596)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 7,157 6,679  
Preferred Stock Dividends, Income Statement Impact 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0  
Loss on retirement of preferred stock   0  
Segment core earnings 7,157 6,679  
Segment Reporting Information, Additional Information [Abstract]      
Assets 5,731,346 5,594,736  
On and Off Balance Sheet Program Assets, At Principal Balance 7,061,626 6,529,934  
Corporate Segment [Member]      
Segment Reporting Information, Profit (Loss) [Abstract]      
Interest Income 6,681 [1] 2,865 [2]  
Interest Income Reclassification 0 0  
Total interest expense (4,129) [3] (1,176) [4]  
Net effective spread 2,552 1,689  
Guarantee and commitment fees 0 0  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees (672) [5] (552) [6]  
Non-interest (loss)/income (672) (552)  
Provision for loan losses 0 0  
(Release of)/provision for reserve for losses 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (3,328) (3,003)  
Non-interest expense (3,328) [7] (3,003) [8]  
Segment core earnings before income taxes (1,448) (1,866)  
Income tax expense 493 2,516  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends (955) 650  
Preferred Stock Dividends, Income Statement Impact (3,295) (3,295)  
Less: Net loss/(income) attributable to non-controlling interest 28 (5,354)  
Loss on retirement of preferred stock   0  
Segment core earnings (4,222) (7,999)  
Segment Reporting Information, Additional Information [Abstract]      
Assets 4,318,387 3,770,849  
Segment Reconciling Items [Member]      
Segment Reporting Information, Profit (Loss) [Abstract]      
Interest Income (21) [1] (1,114) [2]  
Interest Income Reclassification 1,043 635  
Total interest expense 2,669 [3] 2,011 [4]  
Net effective spread 3,691 1,532  
Guarantee and commitment fees (1,043) (635)  
Other Non-Interest Income (Expense), Excluding Guarantee and Commitment Fees (5,815) [5] (2,496) [6]  
Non-interest (loss)/income (6,858) (3,131)  
Provision for loan losses 0 0  
(Release of)/provision for reserve for losses 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses 0 0  
Non-interest expense 0 [7] 0 [8]  
Segment core earnings before income taxes (3,167) [9] (1,599) [10]  
Income tax expense 1,109 2,461  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends (2,058) [9] 862 [10]  
Preferred Stock Dividends, Income Statement Impact 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0  
Loss on retirement of preferred stock   (8,147)  
Segment core earnings (2,058) [9] (7,285)  
Segment Reporting Information, Additional Information [Abstract]      
Assets 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] 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 "Losses on financial derivatives and hedging activities" on the consolidated financial statements.
[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 "Losses on financial derivatives and hedging activities" on the consolidated financial statements.
[5] 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.
[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] Includes directly attributable costs and an allocation of indirectly attributable costs based on headcount.
[9] Net adjustments to reconcile core earnings before income taxes; core earnings before preferred stock dividends and attribution of income to non-controlling interest; and segment core earnings to corresponding income measures: income before income taxes, net income, and net income attributable to common stockholders, respectively
[10] Net adjustments to reconcile core earnings before income taxes; core earnings before preferred stock dividends and attribution of income to non-controlling interest; and segment core earnings to corresponding income measures: income before income taxes, net income, and net income attributable to common stockholders, respectively.