CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (USD $) In Thousands	Total	Preferred stock:	Common stock:	Additional paid-in capital:	Retained earnings:	Retained earnings: Series B Preferred Stock	Retained earnings: Series C Preferred Stock	Accumulated other comprehensive income:	Total Stockholders' Equity	Non-controlling interest:
Balance, beginning of period at Dec. 31, 2009		$ 57,578	$ 10,142	$ 97,090	$ 28,127			$ 3,254		$ 0
Balance, beginning of period at Dec. 31, 2009		58	10,142
Issuance of stock		0	121
Exercise of stock options and SARs			13
Net income attributable to Farmer Mac	12,065				12,065
Stock-based compensation expense				1,507
Change in unrealized gain on available-for-sale securities, net of tax and reclassification adjustments								28,163
Preferred stock - Farmer Mac II LLC										241,853
Cash dividends:
Common stock ($0.10 per share)					(1,020)
Preferred stock, Series B ($8.33 per share) and Series C ($25.00 per share)						(1,250)	(1,440)
Issuance of stock		0	121	22
Change in unrealized gain on financial derivatives, net of tax and reclassification adjustments								52
Loss on retirement of preferred stock	(5,784)				(5,784)
Exercise, vesting and cancellation of stock options, SARs and restricted stock				306
Exercise of stock options and SARs			13
Cumulative effect of adoption of new accounting standard, net of tax					2,679
Comprehensive income:
Net income	21,679
Change in accumulated other comprehensive income, net of tax	28,215
Comprehensive income	49,894
Less: Comprehensive income attributable to non-controlling interest	9,614
Total comprehensive income	40,280
Balance, end of period at Jun. 30, 2010	473,478	57,578	10,276	98,925	33,377			31,469	231,625	241,853
Balance, end of period at Jun. 30, 2010		58	10,276
Balance, beginning of period at Dec. 31, 2010	478,877	57,578	10,284	100,050	50,837			18,275		241,853
Balance, beginning of period at Dec. 31, 2010		58	10,284
Issuance of stock		0	58
Exercise of stock options and SARs			2
Net income attributable to Farmer Mac	24,933				24,933
Stock-based compensation expense				1,490
Change in unrealized gain on available-for-sale securities, net of tax and reclassification adjustments								18,161
Preferred stock - Farmer Mac II LLC										0
Cash dividends:
Common stock ($0.10 per share)					(1,031)
Preferred stock, Series B ($8.33 per share) and Series C ($25.00 per share)						0	(1,440)
Issuance of stock		0	58	15
Change in unrealized gain on financial derivatives, net of tax and reclassification adjustments								0
Loss on retirement of preferred stock	0				0
Exercise, vesting and cancellation of stock options, SARs and restricted stock				(458)
Exercise of stock options and SARs			2
Cumulative effect of adoption of new accounting standard, net of tax					0
Comprehensive income:
Net income	36,027
Change in accumulated other comprehensive income, net of tax	18,161
Comprehensive income	54,188
Less: Comprehensive income attributable to non-controlling interest	11,094
Total comprehensive income	43,094
Balance, end of period at Jun. 30, 2011	$ 520,607	$ 57,578	$ 10,344	$ 101,097	$ 73,299			$ 36,436	$ 278,754	$ 241,853
Balance, end of period at Jun. 30, 2011		58	10,344