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Derivatives and Hedging Activities (Derivatives in Statement of Income and Impact on Interest) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(Losses) on Derivative $ 78,845 $ (111,598) $ 146,114 $ (51,189)
Gains/(Losses) on Hedged Item (77,516) 107,713 (142,823) 48,056
Net Fair Value Hedge Ineffectiveness 1,329 (3,885) 3,291 (3,133)
Effect of Derivatives on Net Interest Income (48,966) [1] (68,826) [1] (158,845) [1] (204,689) [1]
Advances [Member]
       
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(Losses) on Derivative 84,204 (201,954) 166,564 (157,356)
Gains/(Losses) on Hedged Item (83,765) 197,583 (165,389) 153,389
Net Fair Value Hedge Ineffectiveness 439 (4,371) 1,175 (3,967)
Effect of Derivatives on Net Interest Income (93,120) [1] (121,460) (289,346) [1] (374,229) [1]
Consolidated Obligation Bonds [Member]
       
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(Losses) on Derivative (5,359) 90,356 (20,450) 106,167
Gains/(Losses) on Hedged Item 6,249 (89,870) 22,566 (105,333)
Net Fair Value Hedge Ineffectiveness 890 486 2,116 834
Effect of Derivatives on Net Interest Income $ 44,154 [1] $ 52,634 $ 130,501 [1] $ 169,540 [1]
[1] Represents the net interest settlements on derivatives in fair value hedge relationships presented in the interest income/expense line item of the respective hedged item.