CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Interest income:
Investments and cash equivalents	$ 81,522	$ 55,179	$ 34,586
Farmer Mac Guaranteed Securities and USDA Securities	333,896	290,953	203,796
Loans	229,675	198,152	162,150
Total interest income	645,093	544,284	400,532
Total interest expense	471,958	369,848	242,885
Net interest income	173,135	174,436	157,647
Provision for loan losses	(3,504)	(238)	(1,708)
Net interest income after provision for loan losses	169,631	174,198	155,939
Non-interest income:
Guarantee and commitment fees	13,666	13,976	14,114
Gains/(losses) on financial derivatives	5,282	(3,687)	753
Gains/(losses) on trading securities	326	81	(24)
(Losses)/gains on sale of available-for-sale investment securities	(236)	0	89
(Losses)/gains on sale of real estate owned	0	(7)	1,748
Other income	1,904	1,377	832
Non-interest income	20,942	11,740	17,512
Non-interest expense:
Compensation and employee benefits	28,762	27,534	24,233
General and administrative	20,311	19,707	15,959
Regulatory fees	2,788	2,562	2,500
Real estate owned operating costs, net	64	16	23
(Release of)/provision for reserve for losses	(3)	97	50
Non-interest expense	51,922	49,916	42,765
Income before income taxes	138,651	136,022	130,686
Income tax expense	29,105	27,942	46,369
Net income	109,546	108,080	84,317
Less: Net loss attributable to non-controlling interest	0	0	165
Net income attributable to Farmer Mac	109,546	108,080	84,482
Preferred stock dividends	(13,940)	(13,182)	(13,182)
Loss on retirement of preferred stock	(1,956)	0	0
Net income attributable to common stockholders	$ 93,650	$ 94,898	$ 71,300
Earnings per common share:
Basic earnings per common share (in dollars per share)	$ 8.76	$ 8.91	$ 6.73
Diluted earnings per common share (in dollars per share)	$ 8.69	$ 8.83	$ 6.60