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Farmer Mac Guaranteed Securities and USDA Securities - Schedule of On-Balance Sheet Securities (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Dec. 31, 2020
Farmer Mac Guaranteed Securities      
Held-to-maturity:      
Unpaid Principal Balance   $ 1,447,471 $ 1,175,886
Amortized Cost   1,447,451 1,175,912
Allowance for losses     (120)
Unrealized Gains   16,139 25,259
Unrealized Losses   (164) (61)
Fair Value     1,200,990
Fair Value   1,463,426  
Available-for-sale:      
Amortized cost of available-for-sale investment securities     6,594,992
Carrying value     6,947,701
USDA Securities:      
Trading:      
Fair Value   8,913 6,695
Farmer Mac Guaranteed Securities and USDA Securities      
Held-to-maturity:      
Unpaid Principal Balance   3,638,142 3,622,436
Amortized Cost   3,679,611 3,649,538
Allowance for losses     (120)
Unrealized Gains   70,495 183,007
Unrealized Losses   (922) (621)
Fair Value     3,831,804
Fair Value   3,749,184 3,831,804
Held-to-Maturity Securities | Farmer Mac Guaranteed Securities      
Held-to-maturity:      
Unamortized Premium/(Discount)   (20) 26
Available-for-sale:      
Unamortized Premium/(Discount)   (20) 26
Trading:      
Unamortized Premium/(Discount)   (20) 26
Held-to-Maturity Securities | Farmer Mac Guaranteed Securities and USDA Securities      
Held-to-maturity:      
Unamortized Premium/(Discount)   41,469 27,102
Available-for-sale:      
Unamortized Premium/(Discount)   41,469 27,102
Trading:      
Unamortized Premium/(Discount)   41,469 27,102
USDA Guarantees      
Held-to-maturity:      
Unamortized Premium/(Discount)   (200) (100)
Available-for-sale:      
Unamortized Premium/(Discount)   (200) (100)
Trading:      
Unamortized Premium/(Discount)   (200) (100)
USDA Guarantees | Farmer Mac Guaranteed Securities      
Held-to-maturity:      
Unpaid Principal Balance   31,887 34,456
Amortized Cost   32,041 34,537
Allowance for losses     0
Unrealized Gains   839 1,273
Unrealized Losses   0 0
Fair Value     35,810
Fair Value   32,880  
USDA Guarantees | USDA Securities:      
Held-to-maturity:      
Unpaid Principal Balance   2,190,671 2,446,550
Amortized Cost   2,232,160 2,473,626
Allowance for losses     0
Unrealized Gains   54,356 157,748
Unrealized Losses   (758) (560)
Fair Value     2,630,814
Fair Value   2,285,758  
Trading:      
Unpaid Principal Balance   8,400 6,413
Amortized Cost   8,879 6,611
Allowance for losses     0
Unrealized Gains $ 84 61  
Unrealized Losses $ 0 (27)  
Fair Value   $ 8,913 $ 6,695
Trading securities, weighted-average yield   5.20% 5.05%
USDA Guarantees | Held-to-Maturity Securities | Farmer Mac Guaranteed Securities      
Held-to-maturity:      
Unamortized Premium/(Discount)   $ 154 $ 81
Available-for-sale:      
Unamortized Premium/(Discount)   154 81
Trading:      
Unamortized Premium/(Discount)   154 81
USDA Guarantees | Held-to-Maturity Securities | USDA Securities:      
Held-to-maturity:      
Unamortized Premium/(Discount)   41,489 27,076
Available-for-sale:      
Unamortized Premium/(Discount)   41,489 27,076
Trading:      
Unamortized Premium/(Discount)   41,489 27,076
USDA Guarantees | Trading | USDA Securities:      
Held-to-maturity:      
Unamortized Premium/(Discount)   479 198
Available-for-sale:      
Unamortized Premium/(Discount)   479 198
Trading:      
Unamortized Premium/(Discount)   479 198
AgVantage Securities      
Trading:      
Available-for-sale, accrued interest excluded     32,300
Held-to-maturity, accrued interest excluded     44,700
Trading securities, accrued interest excluded     200
AgVantage Securities | Farmer Mac Guaranteed Securities      
Held-to-maturity:      
Unpaid Principal Balance   1,415,584 1,141,430
Amortized Cost   1,415,410 1,141,375
Allowance for losses     (120)
Unrealized Gains   15,300 23,986
Unrealized Losses   (164) (61)
Fair Value     1,165,180
Fair Value   1,430,546  
Available-for-sale:      
Unpaid Principal Balance   7,017,095 6,593,518
Amortized cost of available-for-sale investment securities   7,016,971 6,594,992
Allowance for losses     (310)
Unrealized Gains   161,316 368,257
Unrealized Losses   (35,262) (15,238)
Carrying value   7,143,025 6,947,701
AgVantage Securities | Held-to-Maturity Securities | Farmer Mac Guaranteed Securities      
Held-to-maturity:      
Unamortized Premium/(Discount)   (174) (55)
Available-for-sale:      
Unamortized Premium/(Discount)   (174) (55)
Trading:      
Unamortized Premium/(Discount)   (174) (55)
AgVantage Securities | Available-for-Sale Securities | Farmer Mac Guaranteed Securities      
Held-to-maturity:      
Unamortized Premium/(Discount)   (124) 1,474
Available-for-sale:      
Unamortized Premium/(Discount)   (124) 1,474
Trading:      
Unamortized Premium/(Discount)   $ (124) $ 1,474