CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Interest income:
Investments and cash equivalents	$ 12,095	$ 8,368	$ 23,558	$ 15,611
Farmer Mac Guaranteed Securities and USDA Securities	74,179	50,106	136,609	92,628
Loans	49,396	39,573	95,049	76,425
Total interest income	135,670	98,047	255,216	184,664
Total interest expense	91,737	58,316	168,054	107,862
Net interest income	43,933	39,731	87,162	76,802
(Provision for)/release of loan losses	(424)	(327)	7	(964)
Net interest income after (provision for)/release of loan losses	43,509	39,404	87,169	75,838
Non-interest income:
Guarantee and commitment fees	3,481	3,472	6,980	7,316
Gains/(losses) on financial derivatives and hedging activities	2,534	(617)	(1,316)	1,869
Gains/(losses) on trading securities	11	(2)	27	(84)
Gains on sale of real estate owned	34	757	34	752
Other income	320	134	894	687
Non-interest income	6,380	3,744	6,619	10,540
Non-interest expense:
Compensation and employee benefits	6,936	6,682	13,590	12,999
General and administrative	5,202	3,921	9,528	7,721
Regulatory fees	625	625	1,250	1,250
Real estate owned operating costs, net	0	23	16	23
Provision for/(release of) reserve for losses	158	139	179	(54)
Non-interest expense	12,921	11,390	24,563	21,939
Income before income taxes	36,968	31,758	69,225	64,439
Income tax expense	7,332	11,124	13,770	21,910
Net income	29,636	20,634	55,455	42,529
Less: Net loss attributable to non-controlling interest	0	150	0	165
Net income attributable to Farmer Mac	29,636	20,784	55,455	42,694
Preferred stock dividends	(3,296)	(3,296)	(6,591)	(6,591)
Net income attributable to common stockholders	$ 26,340	$ 17,488	$ 48,864	$ 36,103
Earnings per common share and dividends:
Basic earnings per common share	$ 2.47	$ 1.65	$ 4.59	$ 3.41
Diluted earnings per common share	2.45000	1.62000	4.55000	3.35
Common Stock, Dividends, Per Share, Declared	$ 0.58	$ 0.36	$ 1.16	$ 0.72