diff --git a/docs/api-guide/fields.md b/docs/api-guide/fields.md
index a3dc4fe29..898de12da 100644
--- a/docs/api-guide/fields.md
+++ b/docs/api-guide/fields.md
@@ -185,18 +185,20 @@ Corresponds to `django.forms.fields.RegexField`
 
 A date representation.
 
-Uses `DATE_INPUT_FORMATS` to validate date.
-
 Optionally takes `format` as parameter to replace the matching pattern.
 
 Corresponds to `django.db.models.fields.DateField`
 
+**Signature:** `DateField(input_formats=None, output_format=False)`
+
+ - `input_formats` designates which input formats are supported. This will override the `DATE_INPUT_FORMATS`
+
+ - `output_format` designates which output format will be used. This will override the `DATE_OUTPUT_FORMAT`
+
 ## DateTimeField
 
 A date and time representation.
 
-Uses `DATETIME_INPUT_FORMATS` to validate date_time.
-
 Optionally takes `format` as parameter to replace the matching pattern.
 
 Corresponds to `django.db.models.fields.DateTimeField`
@@ -211,16 +213,26 @@ If you want to override this behavior, you'll need to declare the `DateTimeField
         class Meta:
             model = Comment
 
+**Signature:** `DateTimeField(input_formats=None, output_format=False)`
+
+ - `input_formats` designates which input formats are supported. This will override the `DATETIME_INPUT_FORMATS`
+
+ - `output_format` designates which output format will be used. This will override the `DATETIME_OUTPUT_FORMAT`
+
 ## TimeField
 
 A time representation.
 
-Uses `TIME_INPUT_FORMATS` to validate time.
-
 Optionally takes `format` as parameter to replace the matching pattern.
 
 Corresponds to `django.db.models.fields.TimeField`
 
+**Signature:** `TimeField(input_formats=None, output_format=False)`
+
+ - `input_formats` designates which input formats are supported. This will override the `TIME_INPUT_FORMATS`
+
+ - `output_format` designates which output format will be used. This will override the `TIME_OUTPUT_FORMAT`
+
 ## IntegerField
 
 An integer representation.
diff --git a/docs/api-guide/settings.md b/docs/api-guide/settings.md
index e103fbab4..9080cacb0 100644
--- a/docs/api-guide/settings.md
+++ b/docs/api-guide/settings.md
@@ -174,4 +174,39 @@ The name of a parameter in the URL conf that may be used to provide a format suf
 
 Default: `'format'`
 
+## DATE_INPUT_FORMATS
+
+Default:
+
+    (
+        '%Y-%m-%d',     # '1984-07-31'
+    )
+
+## DATE_OUTPUT_FORMAT
+
+## DATETIME_INPUT_FORMATS
+
+Default:
+
+    (
+        '%Y-%m-%d',              # '1984-07-31'
+        '%Y-%m-%d %H:%M',        # '1984-07-31 04:31'
+        '%Y-%m-%d %H:%M:%S',     # '1984-07-31 04:31:59'
+        '%Y-%m-%d %H:%M:%S.%f',  # '1984-07-31 04:31:59.000200'
+    )
+
+## DATETIME_OUTPUT_FORMAT
+
+## TIME_INPUT_FORMATS
+
+Default:
+
+    (
+        '%H:%M',        # '04:31'
+        '%H:%M:%S',     # '04:31:59'
+        '%H:%M:%S.%f',  # '04:31:59.000200'
+    )
+
+## TIME_OUTPUT_FORMAT
+
 [cite]: http://www.python.org/dev/peps/pep-0020/
diff --git a/docs/topics/release-notes.md b/docs/topics/release-notes.md
index 31ff68dda..f5f4dc550 100644
--- a/docs/topics/release-notes.md
+++ b/docs/topics/release-notes.md
@@ -44,9 +44,7 @@ You can determine your currently installed version using `pip freeze`:
 
 * Bugfix for serializer data being uncacheable with pickle protocol 0.
 * Bugfixes for model field validation edge-cases.
-* Support `DATE_INPUT_FORMATS` for `DateField` validation
-* Support `DATETIME_INPUT_FORMATS` for `DateTimeField` validation
-* Support `TIME_INPUT_FORMATS` for `TimeField` validation
+* Support for custom input and output formats for `DateField`, `DateTimeField` and `TimeField`
 
 ### 2.2.1
 
diff --git a/rest_framework/fields.py b/rest_framework/fields.py
index bb77164a7..3eaa532ac 100644
--- a/rest_framework/fields.py
+++ b/rest_framework/fields.py
@@ -452,9 +452,9 @@ class DateField(WritableField):
     }
     empty = None
 
-    def __init__(self, *args, **kwargs):
-        self.input_formats = kwargs.pop('input_formats', api_settings.DATE_INPUT_FORMATS)
-        self.output_format = kwargs.pop('output_format', api_settings.DATE_OUTPUT_FORMAT)
+    def __init__(self, input_formats=None, output_format=None, *args, **kwargs):
+        self.input_formats = input_formats or api_settings.DATE_INPUT_FORMATS
+        self.output_format = output_format or api_settings.DATE_OUTPUT_FORMAT
         super(DateField, self).__init__(*args, **kwargs)
 
     def from_native(self, value):
@@ -499,9 +499,9 @@ class DateTimeField(WritableField):
     }
     empty = None
 
-    def __init__(self, *args, **kwargs):
-        self.input_formats = kwargs.pop('input_formats', api_settings.DATETIME_INPUT_FORMATS)
-        self.output_format = kwargs.pop('output_format', api_settings.DATETIME_OUTPUT_FORMAT)
+    def __init__(self, input_formats=None, output_format=None, *args, **kwargs):
+        self.input_formats = input_formats or api_settings.DATETIME_INPUT_FORMATS
+        self.output_format = output_format or api_settings.DATETIME_OUTPUT_FORMAT
         super(DateTimeField, self).__init__(*args, **kwargs)
 
     def from_native(self, value):
@@ -552,9 +552,9 @@ class TimeField(WritableField):
     }
     empty = None
 
-    def __init__(self, *args, **kwargs):
-        self.input_formats = kwargs.pop('input_formats', api_settings.TIME_INPUT_FORMATS)
-        self.output_format = kwargs.pop('output_format', api_settings.TIME_OUTPUT_FORMAT)
+    def __init__(self, input_formats=None, output_format=None, *args, **kwargs):
+        self.input_formats = input_formats or api_settings.TIME_INPUT_FORMATS
+        self.output_format = output_format or api_settings.TIME_OUTPUT_FORMAT
         super(TimeField, self).__init__(*args, **kwargs)
 
     def from_native(self, value):