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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Comprehensive Income    
Net income $ 18,614,000us-gaap_ProfitLoss $ 7,312,000us-gaap_ProfitLoss
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax [Abstract]    
Unrealized holding gains losses on available-for-sale securities(1) 39,170,000us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax 34,241,000us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
Gains on sale of available-for-sale investment securities(4) 4,000us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax 10,000us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax [Abstract]    
Unrealized losses on cash flow hedges(2) (160,000)us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax (68,000)us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
Other comprehensive income 35,651,000us-gaap_OtherComprehensiveIncomeLossNetOfTax 31,156,000us-gaap_OtherComprehensiveIncomeLossNetOfTax
Comprehensive income 54,265,000us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 38,468,000us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Less: Comprehensive income attributable to noncontrolling interest (5,354,000)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest (5,547,000)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
Comprehensive income attributable to Farmer Mac 48,911,000us-gaap_ComprehensiveIncomeNetOfTax 32,921,000us-gaap_ComprehensiveIncomeNetOfTax
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax [Abstract]    
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax 21,100,000us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax 18,400,000us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax (2,000)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax (5,000)us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax (100,000)us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax (37,000)us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
financial derivatives and hedging activities [Member]    
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax [Abstract]    
Other Comprehensive Income/(Loss), Reclassification Adjustment, net of tax (3,160,000)agm_OtherComprehensiveIncomeLossReclassificationAdjustmentnetoftax
/ us-gaap_OtherComprehensiveIncomeLocationAxis
= agm_FinancialDerivativesAndHedgingActivitiesMember
(3,101,000)agm_OtherComprehensiveIncomeLossReclassificationAdjustmentnetoftax
/ us-gaap_OtherComprehensiveIncomeLocationAxis
= agm_FinancialDerivativesAndHedgingActivitiesMember
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax [Abstract]    
Tax effects of reclassification adjustment for gains included in net income, tax (1,700,000)agm_TaxEffectsOfReclassificationAdjustmentForGainsIncludedInNetIncomeTax
/ us-gaap_OtherComprehensiveIncomeLocationAxis
= agm_FinancialDerivativesAndHedgingActivitiesMember
(1,700,000)agm_TaxEffectsOfReclassificationAdjustmentForGainsIncludedInNetIncomeTax
/ us-gaap_OtherComprehensiveIncomeLocationAxis
= agm_FinancialDerivativesAndHedgingActivitiesMember
Other Income [Member]    
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax [Abstract]    
Other Comprehensive Income/(Loss), Reclassification Adjustment, net of tax (195,000)agm_OtherComprehensiveIncomeLossReclassificationAdjustmentnetoftax
/ us-gaap_OtherComprehensiveIncomeLocationAxis
= us-gaap_OtherIncomeMember
94,000agm_OtherComprehensiveIncomeLossReclassificationAdjustmentnetoftax
/ us-gaap_OtherComprehensiveIncomeLocationAxis
= us-gaap_OtherIncomeMember
Other Comprehensive Income (Loss), Available-for-sale Securities, Tax [Abstract]    
Tax effects of reclassification adjustment for gains included in net income, tax $ (100,000)agm_TaxEffectsOfReclassificationAdjustmentForGainsIncludedInNetIncomeTax
/ us-gaap_OtherComprehensiveIncomeLocationAxis
= us-gaap_OtherIncomeMember
$ 100,000agm_TaxEffectsOfReclassificationAdjustmentForGainsIncludedInNetIncomeTax
/ us-gaap_OtherComprehensiveIncomeLocationAxis
= us-gaap_OtherIncomeMember