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Farmer Mac Guaranteed Securities and USDA Guaranteed Securities (Tables) (Farmer Mac and USDA Guaranteed Securities)
 6 Months Ended
Jun. 30, 2012
Farmer Mac and USDA Guaranteed Securities
  
Schedule of Available-for-sale and Trading Securities [Line Items]  
Schedule of Available-for-sale Securities and Trading Securities Reconciliation
The following table sets forth information about on-balance sheet Farmer Mac Guaranteed Securities and USDA Guaranteed Securities as of June 30, 2012 and December 31, 2011:

 
June 30, 2012
 
Amortized
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair Value
 
(in thousands)
Available-for-sale:
 
 
 
 
 
 
 
Farmer Mac I
$
3,140,176

 
$
85,220

 
$
(2,064
)
 
$
3,223,332

Farmer Mac II
28,677

 
1,231

 
(9
)
 
29,899

Rural Utilities
1,165,100

 
26,136

 
—

 
1,191,236

USDA Guaranteed Securities
1,382,737

 
36,100

 
(199
)
 
1,418,638

Total available-for-sale
5,716,690

 
148,687

 
(2,272
)
 
5,863,105

Trading:
 

 
 

 
 

 
 

USDA Guaranteed Securities
149,745

 
916

 
(3,836
)
 
146,825

Total Farmer Mac Guaranteed Securities and USDA Guaranteed Securities
$
5,866,435

 
$
149,603

 
$
(6,108
)
 
$
6,009,930


 
December 31, 2011
 
Amortized
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair Value
 
(in thousands)
Available-for-sale:
 
 
 
 
 
 
 
Farmer Mac I
$
2,741,192

 
$
67,895

 
$
(1,460
)
 
$
2,807,627

Farmer Mac II
34,692

 
924

 
(17
)
 
35,599

Rural Utilities
1,410,800

 
35,246

 
—

 
1,446,046

USDA Guaranteed Securities
1,244,519

 
35,149

 
(122
)
 
1,279,546

Total available-for-sale
5,431,203

 
139,214

 
(1,599
)
 
5,568,818

Trading:
 

 
 

 
 

 
 

USDA Guaranteed Securities
213,130

 
1,804

 
(2,575
)
 
212,359

Total Farmer Mac Guaranteed Securities and USDA Guaranteed Securities
$
5,644,333

 
$
141,018

 
$
(4,174
)
 
$
5,781,177
Investments Classified by Contractual Maturity Date
 
Farmer Mac Guaranteed Securities and USDA Guaranteed Securities Available-for-Sale as of June 30, 2012
 
Amortized
Cost
 
Fair Value
 
Weighted-
Average
Yield
 
(dollars in thousands)
Due within one year
$
542,869

 
$
546,154

 
2.11
%
Due after one year through five years
3,261,164

 
3,357,381

 
2.61
%
Due after five years through ten years
720,405

 
735,412

 
2.91
%
Due after ten years
1,192,252

 
1,224,158

 
3.64
%
Total
$
5,716,690

 
$
5,863,105

 
2.81
%