CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Interest income:
Investments and cash equivalents	$ 55,179	$ 34,586	$ 27,042
Farmer Mac Guaranteed Securities and USDA Securities	290,953	203,796	150,281
Loans	198,152	162,150	134,577
Total interest income	544,284	400,532	311,900
Total interest expense	369,848	242,885	171,626
Net interest income	174,436	157,647	140,274
Provision for loan losses	(238)	(1,708)	(1,065)
Net interest income after provision for loan losses	174,198	155,939	139,209
Non-interest income:
Guarantee and commitment fees	13,976	14,114	14,868
(Losses)/gains on financial derivatives	(3,687)	753	2,311
Gains/(losses) on trading securities	81	(24)	1,460
Gains on sale of available-for-sale investment securities	0	89	(9)
(Losses)/gains on sale of real estate owned	(7)	1,748	15
Other income	1,377	832	1,823
Non-interest income	11,740	17,512	20,468
Non-interest expense:
Compensation and employee benefits	27,534	24,233	22,772
General and administrative	19,707	15,959	15,109
Regulatory fees	2,562	2,500	2,463
Real estate owned operating costs, net	16	23	39
Provision for/(release of) reserve for losses	97	50	(63)
Non-interest expense	49,916	42,765	40,320
Income before income taxes	136,022	130,686	119,357
Income tax expense	27,942	46,369	42,057
Net income	108,080	84,317	77,300
Less: Net loss attributable to non-controlling interest	0	165	34
Net income attributable to Farmer Mac	108,080	84,482	77,334
Preferred stock dividends	(13,182)	(13,182)	(13,182)
Net income attributable to common stockholders	$ 94,898	$ 71,300	$ 64,152
Earnings per common share and dividends:
Basic earnings per common share	$ 8.91	$ 6.73	$ 6.12
Diluted earnings per common share	8.83000	6.6000	5.97000
Common Stock, Dividends, Per Share, Declared	$ 0.58	$ 0.36	$ 0.26