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Equity (Tables)
 12 Months Ended
May. 31, 2015
Stockholders' Equity Note [Abstract]  
Schedule of components of equity
Equity includes the following components as of May 31, 2015 and 2014.
(Dollars in thousands)
 
2015
 
2014
Membership fees
 
$
976

 
$
973

Educational fund
 
1,767

 
1,778

Total membership fees and educational fund
 
2,743

 
2,751

Patronage capital allocated
 
668,980

 
630,340

Members' capital reserve
 
501,731

 
485,447

Unallocated net income (loss) (1)
 
(6,135
)
 
(6,238
)
Total members equity (1)
 
1,167,319

 
1,112,300

Prior years cumulative derivative forward value and foreign currency adjustments
 
(172,412
)
 
(207,025
)
Current year derivative forward value gain (loss)(2)
 
(114,665
)
 
34,613

Cumulative derivative forward value and foreign currency adjustments
 
(287,077
)
 
(172,412
)
CFC retained equity
 
880,242

 
939,888

Accumulated other comprehensive income
 
4,080

 
3,649

Total CFC equity
 
884,322

 
943,537

Noncontrolling interests
 
27,464

 
26,837

Total equity
 
$
911,786

 
$
970,374

____________________________ 
(1) Excludes derivative forward value.
(2) Represents the derivative forward value income (loss) recorded by CFC for the year-to-date period.
Summary of activity in accumulated other comprehensive income account by component
The activity in the accumulated other comprehensive income account is summarized below by component as of and for the years ended May 31, 2015 and 2014.
 
 
2015
(Dollars in thousands)
 
Unrealized Gains (Losses)
AFS Securities
 
Unrealized Gains
Derivatives
 
Unrealized Losses Foreclosed Assets
 
Unrealized Losses Defined Benefit Plan
 
Total
Beginning balance
 
$
(361
)
 
$
6,320

 
$
(2,310
)
 
$
—

 
$
3,649

Unrealized gains
 
4,295

 
—

 
—

 
—

 
4,295

Unrealized losses
 
—

 
—

 
(1,938
)
 
(1,050
)
 
(2,988
)
Losses reclassified into earnings
 
—

 
—

 
—

 
73

 
73

Gains reclassified into earnings
 
—

 
(949
)
 
—

 
—

 
(949
)
Other comprehensive income
 
4,295

 
(949
)
 
(1,938
)
 
(977
)
 
431

Ending balance
 
$
3,934

 
$
5,371

 
$
(4,248
)
 
$
(977
)
 
$
4,080

 
 
2014
(Dollars in thousands)
 
Unrealized Gains (Losses)
AFS Securities
 
Unrealized Gains
Derivatives
 
Unrealized Losses Foreclosed Assets
 
Unrealized Losses Defined Benefit Plan
 
Total
Beginning balance
 
$
1,094

 
$
7,287

 
$
—

 
$
—

 
$
8,381

Unrealized gains
 
—

 
—

 
—

 
—

 
—

Unrealized losses
 
(1,455
)
 
—

 
(2,310
)
 
—

 
(3,765
)
Gains reclassified into earnings
 
—

 
(967
)
 
—

 
—

 
(967
)
Other comprehensive income
 
(1,455
)
 
(967
)
 
(2,310
)
 
—

 
(4,732
)
Ending balance
 
$
(361
)
 
$
6,320

 
$
(2,310
)
 
$
—

 
$
3,649