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Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Amortization of hedging activities recorded in interest expense CO bonds $ 598,585 $ 545,228 $ 421,622
Amortization of hedging activities recorded in net gains (losses) on derivatives and hedging activities   2,336 551
Accumulated Other Comprehensive Income (Loss) Before Tax1 [Roll Forward]      
Beginning of period 3,607,359 3,265,130 3,244,778
Other comprehensive income (loss) 129,710 10,433 56,574
Period end 3,145,312 3,607,359 3,265,130
Net Unrealized Loss Relating to Hedging Activities [Member]      
Accumulated Other Comprehensive Income (Loss) Before Tax1 [Roll Forward]      
Beginning of period (29,119) (40,436) (48,187)
Cumulative effect of change in accounting principle (175)    
Net Unrealized Gains (Losses) (6,131) 7,907 (2,838)
Amortization - hedging activities   3,410 [1] 10,589 [2]
Amortization - hedging activities [3] 5,218    
Other comprehensive income (loss) (913) 11,317 7,751
Period end (30,207) (29,119) (40,436)
Pension and Postretirement Benefits [Member]      
Accumulated Other Comprehensive Income (Loss) Before Tax1 [Roll Forward]      
Beginning of period (5,276) (5,955) (6,139)
Net actuarial (loss) gain (2,195) (670) (586)
Amortization - pension and postretirement benefits [4] 664 1,349 770
Other comprehensive income (loss) (1,531) 679 184
Period end (6,807) (5,276) (5,955)
Total [Member]      
Accumulated Other Comprehensive Income (Loss) Before Tax1 [Roll Forward]      
Beginning of period (316,507) (326,940) (383,514)
Cumulative effect of change in accounting principle (175)    
Net Unrealized Gains (Losses) 72,905 (22,720) 11,640
Noncredit other-than-temporary impairment losses (181)    
Noncredit losses included in basis of securities sold 29,517    
Accretion of noncredit loss 22,806 28,834 32,815
Net actuarial (loss) gain (2,195) (670) (586)
Noncredit other-than-temporary impairment losses reclassified to credit loss [5] 976 230 1,346
Amortization - hedging activities   3,410 [1] 10,589 [2]
Amortization - hedging activities [3] 5,218    
Amortization - pension and postretirement benefits [4] 664 1,349 770
Other comprehensive income (loss) 129,710 10,433 56,574
Period end (186,972) (316,507) (326,940)
Available-for-sale Securities [Member] | Net Unrealized Loss on Available-for-Sale Securities [Member]      
Accumulated Other Comprehensive Income (Loss) Before Tax1 [Roll Forward]      
Beginning of period (152,958) (122,331) (136,809)
Net Unrealized Gains (Losses) 79,036 (30,627) 14,478
Other comprehensive income (loss) 79,036 (30,627) 14,478
Period end (73,922) (152,958) (122,331)
Held-to-maturity Securities [Member] | Noncredit Portion of Other-Than-Temporary Impairment Losses on Held-to-Maturity Securities [Member]      
Accumulated Other Comprehensive Income (Loss) Before Tax1 [Roll Forward]      
Beginning of period (129,154) (158,218) (192,379)
Noncredit other-than-temporary impairment losses (181)    
Noncredit losses included in basis of securities sold 29,517    
Accretion of noncredit loss 22,806 28,834 32,815
Noncredit other-than-temporary impairment losses reclassified to credit loss [5] 976 230 1,346
Other comprehensive income (loss) 53,118 29,064 34,161
Period end $ (76,036) (129,154) (158,218)
Interest Rate Contract [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Net Unrealized Loss Relating to Hedging Activities [Member]      
Accumulated Other Comprehensive Income (Loss) [Line Items]      
Amortization of hedging activities recorded in interest expense CO bonds   3,200 10,600
Amortization of hedging activities recorded in net gains (losses) on derivatives and hedging activities   $ 239 $ 14
[1]
Amortization of hedging activities includes $3.2 million recorded in CO bond interest expense and $239 thousand recorded in net gains on derivatives and hedging activities in the statement of operations.
[2]
Amortization of hedging activities includes $10.6 million recorded in CO bond interest expense and $14 thousand recorded in net gains on derivatives and hedging activities in the statement of operations.
[3]
Recorded in CO bond interest expense.
[4]
Recorded in other expenses in the statement of operations.
[5]
Recorded in net other-than-temporary impairment losses on investment securities, credit portion in the statement of operations.