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Business Segment Reporting - Core Earnings - Business Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income $ 34,358 $ 31,864 $ 67,998 $ 62,653  
Less: reconciling adjustments(1)(2)(3) 0 0 0 0  
Net Effective Spread 0 0 0    
Guarantee and commitment fees 3,655 3,388 7,281 6,765  
Other income/(expense)(3)(4) [1] (3,889) 14,819 (10,221) 11,917  
Non-interest (loss)/income (234) 18,207 (2,940) 18,682  
Provision for loan losses (364) (110) (413) (186)  
Provision for losses (94) (1,146) (108) (374)  
Noninterest Expense, Excluding Loan, Lease and Other Losses (9,980) (9,707) (19,932) (18,822)  
Non-interest expense [2] (10,074) (10,853) (20,040) (19,196)  
Income before income taxes 23,686 39,108 44,605 61,953  
Income tax expense (8,400) (13,769) (15,735) (18,000)  
Net income 15,286 25,339 28,870 43,953  
Preferred Stock Dividends, Income Statement Impact (3,296) (3,296) (6,591) (6,591)  
Less: Net loss/(income) attributable to non-controlling interest 16 119 44 (5,235)  
Loss on retirement of preferred stock 0 0 0 (8,147)  
Net Income (Loss) Available to Common Stockholders, Basic 12,006 22,162 22,323 23,980  
Segment Reporting Information, Additional Information [Abstract]          
Assets 16,823,190 15,144,597 16,823,190 15,144,597 $ 15,540,354
On and Off Balance Sheet Program Assets, At Principal Balance 17,116,536 15,130,127 17,116,536 15,130,127  
Farm & Ranch [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 11,606 10,757 22,733 21,988  
Less: reconciling adjustments(1)(2)(3) (1,731) (1,076) (3,397) (2,193)  
Net Effective Spread 9,875 9,681 19,336 19,795  
Guarantee and commitment fees 3,965 3,693 7,874 7,326  
Other income/(expense)(3)(4) [1] 78 160 175 247  
Non-interest (loss)/income 4,043 3,853 8,049 7,573  
Provision for loan losses (364) (110) (413) (186)  
Provision for losses (94) (1,146) (108) (374)  
Noninterest Expense, Excluding Loan, Lease and Other Losses (4,112) (4,304) (8,273) (8,630)  
Non-interest expense [2] (4,206) (5,450) (8,381) (9,004)  
Segment core earnings before income taxes 9,348 7,974 18,591 18,178  
Income tax expense (3,272) (2,791) (6,508) (6,362)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 6,076 5,183 12,083 11,816  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0 0 0  
Loss on retirement of preferred stock       0  
Segment core earnings 6,076 5,183 12,083 11,816  
Segment Reporting Information, Additional Information [Abstract]          
Assets 3,311,270 2,780,018 3,311,270 2,780,018  
On and Off Balance Sheet Program Assets, At Principal Balance 5,830,533 5,485,570 5,830,533 5,485,570  
USDA Guarantees [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 4,938 4,643 9,990 8,987  
Less: reconciling adjustments(1)(2)(3) (350) (177) (1,094) (296)  
Net Effective Spread 4,588 4,466 8,896 8,691  
Guarantee and commitment fees 14 8 21 2  
Other income/(expense)(3)(4) [1] 25 28 83 87  
Non-interest (loss)/income 39 36 104 89  
Provision for loan losses 0 0 0 0  
Provision for losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (1,092) (1,025) (2,185) (1,410)  
Non-interest expense [2] (1,092) (1,025) (2,185) (1,410)  
Segment core earnings before income taxes 3,535 3,477 6,815 7,370  
Income tax expense (1,237) (1,216) (2,385) (2,579)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 2,298 2,261 4,430 4,791  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0 0 0  
Loss on retirement of preferred stock       0  
Segment core earnings 2,298 2,261 4,430 4,791  
Segment Reporting Information, Additional Information [Abstract]          
Assets 2,046,516 1,913,390 2,046,516 1,913,390  
On and Off Balance Sheet Program Assets, At Principal Balance 1,960,358 1,862,430 1,960,358 1,862,430  
Rural Utilities [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 2,855 3,153 5,719 5,611  
Less: reconciling adjustments(1)(2)(3) (293) (315) (619) 31  
Net Effective Spread 2,562 2,838 5,100 5,642  
Guarantee and commitment fees 373 0 668 0  
Other income/(expense)(3)(4) [1] 0 0 0 0  
Non-interest (loss)/income 373 0 668 0  
Provision for loan losses 0 0 0 0  
Provision for losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (830) (860) (1,661) (1,726)  
Non-interest expense [2] (830) (860) (1,661) (1,726)  
Segment core earnings before income taxes 2,105 1,978 4,107 3,916  
Income tax expense (737) (691) (1,438) (1,369)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 1,368 1,287 2,669 2,547  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0 0 0  
Loss on retirement of preferred stock       0  
Segment core earnings 1,368 1,287 2,669 2,547  
Segment Reporting Information, Additional Information [Abstract]          
Assets 1,023,630 962,702 1,023,630 962,702  
On and Off Balance Sheet Program Assets, At Principal Balance 1,934,473 954,188 1,934,473 954,188  
Institutional Credit [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 12,109 11,312 23,858 22,304  
Less: reconciling adjustments(1)(2)(3) (702) (452) (1,361) (1,019)  
Net Effective Spread 11,407 10,860 22,497 21,285  
Guarantee and commitment fees 458 384 916 769  
Other income/(expense)(3)(4) [1] 0 0 0 0  
Non-interest (loss)/income 458 384 916 769  
Provision for loan losses 0 0 0 0  
Provision for losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (538) (532) (1,077) (1,067)  
Non-interest expense [2] (538) (532) (1,077) (1,067)  
Segment core earnings before income taxes 11,327 10,712 22,336 20,987  
Income tax expense (3,964) (3,749) (7,816) (7,345)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends 7,363 6,963 14,520 13,642  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0 0 0  
Loss on retirement of preferred stock       0  
Segment core earnings 7,363 6,963 14,520 13,642  
Segment Reporting Information, Additional Information [Abstract]          
Assets 6,071,924 5,874,088 6,071,924 5,874,088  
On and Off Balance Sheet Program Assets, At Principal Balance 7,391,172 6,827,939 7,391,172 6,827,939  
Corporate Segment [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 2,850 1,999 5,698 3,763  
Less: reconciling adjustments(1)(2)(3) (256) (57) (552) (132)  
Net Effective Spread 2,594 1,942 5,146 3,631  
Guarantee and commitment fees 0 0 0 0  
Other income/(expense)(3)(4) [1] (228) (212) (900) (764)  
Non-interest (loss)/income (228) (212) (900) (764)  
Provision for loan losses 0 0 0 0  
Provision for losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses (3,408) (2,986) (6,736) (5,989)  
Non-interest expense [2] (3,408) (2,986) (6,736) (5,989)  
Segment core earnings before income taxes (1,042) (1,256) (2,490) (3,122)  
Income tax expense 254 356 747 2,872  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends (788) (900) (1,743) (250)  
Preferred Stock Dividends, Income Statement Impact (3,296) (3,296) (6,591) (6,591)  
Less: Net loss/(income) attributable to non-controlling interest 16 119 44 (5,235)  
Loss on retirement of preferred stock       0  
Segment core earnings (4,068) (4,077) (8,290) (12,076)  
Segment Reporting Information, Additional Information [Abstract]          
Assets 4,369,850 3,614,399 4,369,850 3,614,399  
Segment Reconciling Items [Member]          
Segment Reporting Information, Profit (Loss) [Abstract]          
Net interest income 0 0 0 0  
Less: reconciling adjustments(1)(2)(3) 3,332 2,077 7,023 3,609  
Net Effective Spread 3,332 2,077 7,023 3,609  
Guarantee and commitment fees (1,155) (697) (2,198) (1,332)  
Other income/(expense)(3)(4) [1] (3,764) 14,843 (9,579) 12,347  
Non-interest (loss)/income (4,919) 14,146 (11,777) 11,015  
Provision for loan losses 0 0 0 0  
Provision for losses 0 0 0 0  
Noninterest Expense, Excluding Loan, Lease and Other Losses 0 0 0 0  
Non-interest expense [2] 0 0 0 0  
Segment core earnings before income taxes [3] (1,587) 16,223 (4,754) 14,624  
Income tax expense 556 (5,678) 1,665 (3,217)  
Segment core earnings before preferred stock dividends and attibution of income to non-controlling interest - preferred stock dividends [3] (1,031) 10,545 (3,089) 11,407  
Preferred Stock Dividends, Income Statement Impact 0 0 0 0  
Less: Net loss/(income) attributable to non-controlling interest 0 0 0 0  
Loss on retirement of preferred stock       (8,147)  
Segment core earnings [3] (1,031) 10,545 (3,089) 3,260  
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] (3) Includes the reclassification of interest expense 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, to determine the effective funding cost for each operating segment.
[2] (4) Includes reconciling adjustments for 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.
[3] (5) Includes directly attributable costs and an allocation of indirectly attributable costs based on headcount.