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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
Mar. 31, 2021
Dec. 31, 2020
Farmer Mac Guaranteed Securities        
Held-to-maturity:        
Unpaid Principal Balance     $ 1,158,964 $ 1,175,886
Amortized Cost     1,159,015 1,175,912
Allowance for losses     (223) (120)
Unrealized Gains     20,379 25,259
Unrealized Losses     (5,129) (61)
Fair Value     1,174,042 1,200,990
Available-for-sale:        
Amortized Cost     6,511,776  
Fair Value     6,763,209  
USDA Securities:        
Trading:        
Fair Value     5,578 6,695
Farmer Mac Guaranteed Securities and USDA Securities        
Held-to-maturity:        
Unpaid Principal Balance     3,623,767 3,622,436
Amortized Cost     3,648,515 3,649,538
Allowance for losses     (223) (120)
Unrealized Gains     150,154 183,007
Unrealized Losses     (5,526) (621)
Fair Value     3,792,920 3,831,804
Held-to-Maturity Securities | Farmer Mac Guaranteed Securities        
Held-to-maturity:        
Unamortized Premium/(Discount)     51 26
Available-for-sale:        
Unamortized Premium/(Discount)     51 26
Trading:        
Unamortized Premium/(Discount)     51 26
Held-to-Maturity Securities | Farmer Mac Guaranteed Securities and USDA Securities        
Held-to-maturity:        
Unamortized Premium/(Discount)     24,748 27,102
Available-for-sale:        
Unamortized Premium/(Discount)     24,748 27,102
Trading:        
Unamortized Premium/(Discount)     24,748 27,102
USDA Guarantees        
Held-to-maturity:        
Unamortized Premium/(Discount)     100 100
Available-for-sale:        
Unamortized Premium/(Discount)     100 100
Trading:        
Unamortized Premium/(Discount)     100 100
USDA Guarantees | Farmer Mac Guaranteed Securities        
Held-to-maturity:        
Unpaid Principal Balance     32,050 34,456
Amortized Cost     32,128 34,537
Allowance for losses     0 0
Unrealized Gains     1,385 1,273
Unrealized Losses     0 0
Fair Value     33,513 35,810
USDA Guarantees | USDA Securities:        
Held-to-maturity:        
Unpaid Principal Balance     2,464,803 2,446,550
Amortized Cost     2,489,500 2,473,626
Allowance for losses     0 0
Unrealized Gains     129,775 157,748
Unrealized Losses     (397) (560)
Fair Value     2,618,878 2,630,814
Trading:        
Unpaid Principal Balance     5,344 6,413
Amortized Cost     5,509 6,611
Allowance for losses     0 0
Unrealized Gains $ 72 $ 84    
Unrealized Losses $ (3) $ 0    
Fair Value     $ 5,578 $ 6,695
Trading securities, weighted-average yield     5.03% 5.05%
USDA Guarantees | Held-to-Maturity Securities | Farmer Mac Guaranteed Securities        
Held-to-maturity:        
Unamortized Premium/(Discount)     $ 78 $ 81
Available-for-sale:        
Unamortized Premium/(Discount)     78 81
Trading:        
Unamortized Premium/(Discount)     78 81
USDA Guarantees | Held-to-Maturity Securities | USDA Securities:        
Held-to-maturity:        
Unamortized Premium/(Discount)     24,697 27,076
Available-for-sale:        
Unamortized Premium/(Discount)     24,697 27,076
Trading:        
Unamortized Premium/(Discount)     24,697 27,076
USDA Guarantees | Trading | USDA Securities:        
Held-to-maturity:        
Unamortized Premium/(Discount)     165 198
Available-for-sale:        
Unamortized Premium/(Discount)     165 198
Trading:        
Unamortized Premium/(Discount)     165 198
AgVantage Securities        
Trading:        
Available-for-sale, accrued interest excluded     32,100 32,300
Held-to-maturity, accrued interest excluded     36,900 44,700
Trading securities, accrued interest excluded     100 200
AgVantage Securities | Farmer Mac Guaranteed Securities        
Held-to-maturity:        
Unpaid Principal Balance     1,126,914 1,141,430
Amortized Cost     1,126,887 1,141,375
Allowance for losses     (223) (120)
Unrealized Gains     18,994 23,986
Unrealized Losses     (5,129) (61)
Fair Value     1,140,529 1,165,180
Available-for-sale:        
Unpaid Principal Balance     6,510,351 6,593,518
Amortized Cost     6,511,776 6,594,992
Allowance for losses     (127) (310)
Unrealized Gains     261,178 368,257
Unrealized Losses     (9,618) (15,238)
Fair Value     6,763,209 6,947,701
AgVantage Securities | Held-to-Maturity Securities | Farmer Mac Guaranteed Securities        
Held-to-maturity:        
Unamortized Premium/(Discount)     (27) (55)
Available-for-sale:        
Unamortized Premium/(Discount)     (27) (55)
Trading:        
Unamortized Premium/(Discount)     (27) (55)
AgVantage Securities | Available-for-Sale Securities | Farmer Mac Guaranteed Securities        
Held-to-maturity:        
Unamortized Premium/(Discount)     1,425 1,474
Available-for-sale:        
Unamortized Premium/(Discount)     1,425 1,474
Trading:        
Unamortized Premium/(Discount)     $ 1,425 $ 1,474