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Financial Derivatives - Schedule of Net Income/(Expense) Recognized (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Derivative Instruments, Gain (Loss) [Line Items]        
Interest Income Farmer Mac Guaranteed Securities and USDA Securities $ 85,569 $ 74,179 $ 170,980 $ 136,609
Interest Income Loans 59,403 49,396 110,800 95,049
Total Interest Expense (122,074) (91,737) (236,990) (168,054)
Gains/(losses) on financial derivatives 8,913 2,534 8,553 (1,316)
Total 31,811 34,372 53,343 62,288
Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items 132,784 (10,127) 200,175 (24,511)
Gains/(losses) on fair value hedging relationships (1,428) 1,862 (4,128) 4,701
Cash Flow Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Discount amortization recognized on hedged items (1) (2) (2) (4)
Interest settlements reclassified from AOCI into net income on derivatives 462 57 942 (210)
Recognized on hedged items (2,697) (2,330) (5,417) (4,110)
Expense recognized on cash flow hedges (2,236) (2,275) (4,477) (4,324)
Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items 24,924 7,394 44,265 13,740
Discount amortization recognized on hedged items (164) (188) (314) (353)
Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 8,913 2,534 8,553 (1,316)
Interest Income [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items 114,638 (10,849) 173,990 (29,797)
Gains/(losses) on fair value hedging relationships (1,767) 1,636 (1,402) 3,137
Interest Income [Member] | Cash Flow Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Discount amortization recognized on hedged items 0 0 0 0
Interest settlements reclassified from AOCI into net income on derivatives 0 0 0 0
Recognized on hedged items 0 0 0 0
Expense recognized on cash flow hedges 0 0 0 0
Interest Income [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items 30,380 15,923 55,198 29,409
Discount amortization recognized on hedged items 0 0 0 0
Interest Income [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
Loans and Finance Receivables [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items 33,795 (2,472) 50,031 (9,045)
Gains/(losses) on fair value hedging relationships (158) (237) (4,003) (390)
Loans and Finance Receivables [Member] | Cash Flow Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Discount amortization recognized on hedged items 0 0 0 0
Interest settlements reclassified from AOCI into net income on derivatives 0 0 0 0
Recognized on hedged items 0 0 0 0
Expense recognized on cash flow hedges 0 0 0 0
Loans and Finance Receivables [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items 6,323 1,545 10,878 2,959
Discount amortization recognized on hedged items 0 0 0 0
Loans and Finance Receivables [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
Interest Expense [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items (15,649) 3,194 (23,846) 14,331
Gains/(losses) on fair value hedging relationships 497 463 1,277 1,954
Interest Expense [Member] | Cash Flow Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Discount amortization recognized on hedged items (1) (2) (2) (4)
Interest settlements reclassified from AOCI into net income on derivatives 462 57 942 (210)
Recognized on hedged items (2,697) (2,330) (5,417) (4,110)
Expense recognized on cash flow hedges (2,236) (2,275) (4,477) (4,324)
Interest Expense [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items (11,779) (10,074) (21,811) (18,628)
Discount amortization recognized on hedged items (164) (188) (314) (353)
Interest Expense [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
Gain (Loss) on Derivative Instruments [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items 0 0 0 0
Gains/(losses) on fair value hedging relationships 0 0 0 0
Gain (Loss) on Derivative Instruments [Member] | Cash Flow Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Discount amortization recognized on hedged items 0 0 0 0
Interest settlements reclassified from AOCI into net income on derivatives 0 0 0 0
Recognized on hedged items 0 0 0 0
Expense recognized on cash flow hedges 0 0 0 0
Gain (Loss) on Derivative Instruments [Member] | Designated as Hedging Instrument [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on hedged items 0 0 0 0
Discount amortization recognized on hedged items 0 0 0 0
Gain (Loss) on Derivative Instruments [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 8,913 2,534 8,553 (1,316)
Interest Rate Swap [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on derivatives (1,607) (1,804) (3,297) (3,884)
Income/(expense) related to interest settlements on fair value hedging relationships 23,153 5,402 40,654 9,503
Recognized on derivatives (134,212) 11,989 (204,303) 29,212
Interest Rate Swap [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Total Interest Expense (1,146) (3,869) (3,446) (5,855)
Gains/(losses) on financial derivatives 11,152 6,265 13,320 4,176
Interest Rate Swap [Member] | Interest Income [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on derivatives 1,167 681 2,717 (807)
Income/(expense) related to interest settlements on fair value hedging relationships 31,547 16,604 57,915 28,602
Recognized on derivatives (116,405) 12,485 (175,392) 32,934
Interest Rate Swap [Member] | Interest Income [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Total Interest Expense 0 0 0 0
Gains/(losses) on financial derivatives 0 0 0 0
Interest Rate Swap [Member] | Loans and Finance Receivables [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on derivatives (202) (165) (224) (463)
Income/(expense) related to interest settlements on fair value hedging relationships 6,121 1,380 10,654 2,496
Recognized on derivatives (33,953) 2,235 (54,034) 8,655
Interest Rate Swap [Member] | Loans and Finance Receivables [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Total Interest Expense 0 0 0 0
Gains/(losses) on financial derivatives 0 0 0 0
Interest Rate Swap [Member] | Interest Expense [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on derivatives (2,572) (2,320) (5,790) (2,614)
Income/(expense) related to interest settlements on fair value hedging relationships (14,515) (12,582) (27,915) (21,595)
Recognized on derivatives 16,146 (2,731) 25,123 (12,377)
Interest Rate Swap [Member] | Interest Expense [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Total Interest Expense 0 0 0 0
Gains/(losses) on financial derivatives 0 0 0 0
Interest Rate Swap [Member] | Gain (Loss) on Derivative Instruments [Member] | Fair Value Hedging [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Recognized on derivatives 0 0 0 0
Income/(expense) related to interest settlements on fair value hedging relationships 0 0 0 0
Recognized on derivatives 0 0 0 0
Interest Rate Swap [Member] | Gain (Loss) on Derivative Instruments [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Total Interest Expense (1,146) (3,869) (3,446) (5,855)
Gains/(losses) on financial derivatives 11,152 6,265 13,320 4,176
Future [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives (1,093) 138 (1,321) 363
Future [Member] | Interest Income [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
Future [Member] | Loans and Finance Receivables [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
Future [Member] | Interest Expense [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives 0 0 0 0
Future [Member] | Gain (Loss) on Derivative Instruments [Member] | Not Designated as Hedging Instrument [Member]        
Derivative Instruments, Gain (Loss) [Line Items]        
Gains/(losses) on financial derivatives $ (1,093) $ 138 $ (1,321) $ 363