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Quarterly Financial Information (Unaudited) - Quarterly Financial Information (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]                      
Interest and Dividend Income, Operating $ 81,241 $ 79,532 $ 77,236 $ 73,891 $ 67,562 $ 66,918 $ 66,392 $ 63,951 $ 311,900 $ 264,823 $ 241,067
Total interest expense 44,528 43,969 42,878 40,251 36,591 34,735 34,528 33,162 171,626 139,016 170,720
Net interest income 36,713 35,563 34,358 33,640 30,971 32,183 31,864 30,789 140,274 125,807 70,347
(Provision for)/release of loan losses (461) (191) (364) (49) (3,366) 1,164 (110) (76) (1,065) (2,388) 961
Interest Income (Expense), after Provision for Loan Loss 36,252 35,372 33,994 33,591 27,605 33,347 31,754 30,713 139,209 123,419 71,308
Guarantee and commitment fees 3,789 3,798 3,655 3,626 3,780 3,532 3,388 3,377 14,868 [1] 14,077 [2] 14,694 [3]
Gain (loss) on derivatives instruments and hedging activity net pretax 15,390 (1,601) (4,696) (6,782) 1,592 (9,568) 14,389 (3,882)      
Gains on trading securities (474) 1,182 394 358 696 (8) 170 362 1,460 1,220 38,629
(Losses)/gains on sale of available-for-sale investment securities 0 0 0 (9) 0 3 0 6 (9) 9 (238)
Gains/(losses) on sale of real estate owned 0 15 0 0 0 0 (1) 15 (1) 137
Other income 602 707 413 101 372 1,060 260 613 1,823 2,305 1,714
Noninterest Income 19,307 4,101 (234) (2,706) 6,440 (4,981) 18,207 475 20,468 20,141 33,290
Noninterest Expense 10,977 9,303 10,074 9,966 5,865 10,421 10,853 8,343 40,320 [4] 35,482 [5] 31,492 [6]
Income before income taxes 44,582 30,170 23,686 20,919 28,180 17,945 39,108 22,845 119,357 108,078 73,106
Income tax expense 15,793 10,529 8,400 7,335 9,912 6,327 13,769 4,231 42,057 34,239 2,824
Net income 28,789 19,641 15,286 13,584 18,268 11,618 25,339 18,614 77,300 73,839 70,282
Less: Net loss/(income) attributable to non-controlling interest (28) 18 16 28 60 36 119 (5,354) 34 (5,139) (22,192)
Net Income (Loss) Attributable to Parent 28,761 19,659 15,302 13,612 18,328 11,654 25,458 13,260 77,334 68,700 48,090
Preferred Stock Dividends, Income Statement Impact (3,296) (3,295) (3,296) (3,295) (3,296) (3,295) (3,296) (3,295) (13,182) (13,182) (9,839)
Net Income (Loss) Available to Common Stockholders, Basic $ 25,465 $ 16,364 $ 12,006 $ 10,317 $ 15,032 $ 8,359 $ 22,162 $ 1,818 $ 64,152 $ 47,371 $ 38,251
Basic earnings per common share $ 2.42 $ 1.56 $ 1.15 $ 0.99 $ 1.39 $ 0.76 $ 2.01 $ 0.17 $ 6.12 $ 4.33 $ 3.50
Diluted earnings per common share $ 2.38 $ 1.54 $ 1.13 $ 0.94 $ 1.35 $ 0.74 $ 1.94 $ 0.16 $ 5.97000 $ 4.19000 $ 3.37000
Loss on retirement of preferred stock         $ 0 $ 0 $ 0 $ (8,147) $ 0 $ (8,147) $ 0
[1] Includes the reclassification of interest income and interest expense from consolidated trusts owned by third parties to guarantee and commitment fees, to reflect management's view that the net interest income Farmer Mac earns is effectively a guarantee fee.
[2] Includes the reclassification of interest income and interest expense from consolidated trusts owned by third parties to guarantee and commitment fees, to reflect management's view that the net interest income Farmer Mac earns is effectively a guarantee fee.
[3] Includes the reclassification of interest income and interest expense from consolidated trusts owned by third parties to guarantee and commitment fees, to reflect management's view that the net interest income Farmer Mac earns is effectively a guarantee fee.
[4] Includes directly attributable costs and an allocation of indirectly attributable costs based on headcount.
[5] Includes directly attributable costs and an allocation of indirectly attributable costs based on headcount.
[6] Net adjustments to reconcile to the corresponding income measures: core earnings before income taxes reconciled to income before income taxes; core earnings before preferred stock dividends and attribution of income to non-controlling interest reconciled to net income; and segment core earnings reconciled to net income attributable to common stockholders.