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Farmer Mac Guaranteed Securities and USDA Securities - Schedule of On-Balance Sheet Securities (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unpaid Principal Balance $ 1,040,918 $ 1,175,886
Amortized Cost 1,040,939 1,175,912
Allowance for losses (182) (120)
Unrealized Gains 17,607 25,259
Unrealized Losses (4,374) (61)
Fair Value 1,053,990 1,200,990
Available-for-sale:    
Amortized cost 6,618,871  
USDA Securities:    
Trading:    
Fair Value 5,050 6,695
Farmer Mac Guaranteed Securities and USDA Securities    
Held-to-maturity:    
Unpaid Principal Balance 3,463,515 3,622,436
Amortized Cost 3,486,657 3,649,538
Allowance for losses (182) (120)
Unrealized Gains 40,025 183,007
Unrealized Losses (5,517) (621)
Fair Value 3,520,983 3,831,804
Held-to-Maturity Securities | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unamortized Premium/(Discount) 21 26
Available-for-sale:    
Unamortized Premium/(Discount) 21 26
Trading:    
Unamortized Premium/(Discount) 21 26
Held-to-Maturity Securities | Farmer Mac Guaranteed Securities and USDA Securities    
Held-to-maturity:    
Unamortized Premium/(Discount) 23,142 27,102
Available-for-sale:    
Unamortized Premium/(Discount) 23,142 27,102
Trading:    
Unamortized Premium/(Discount) 23,142 27,102
USDA Guarantees    
Held-to-maturity:    
Unamortized Premium/(Discount) (41,000) 100
Available-for-sale:    
Unamortized Premium/(Discount) (41,000) 100
Trading:    
Unamortized Premium/(Discount) (41,000) 100
USDA Guarantees | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unpaid Principal Balance 28,756 34,456
Amortized Cost 28,797 34,537
Allowance for losses 0 0
Unrealized Gains 561 1,273
Unrealized Losses (178) 0
Fair Value 29,180 35,810
USDA Guarantees | USDA Securities:    
Held-to-maturity:    
Unpaid Principal Balance 2,422,597 2,446,550
Amortized Cost 2,445,718 2,473,626
Allowance for losses 0 0
Unrealized Gains 22,418 157,748
Unrealized Losses (1,143) (560)
Fair Value 2,466,993 2,630,814
Trading:    
Unpaid Principal Balance 4,904 6,413
Amortized Cost 5,042 6,611
Allowance for losses 0 0
Unrealized Gains 22 84
Unrealized Losses (14) 0
Fair Value $ 5,050 $ 6,695
Trading securities, weighted-average yield 5.06% 5.05%
USDA Guarantees | Held-to-Maturity Securities | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unamortized Premium/(Discount) $ 41 $ 81
Available-for-sale:    
Unamortized Premium/(Discount) 41 81
Trading:    
Unamortized Premium/(Discount) 41 81
USDA Guarantees | Held-to-Maturity Securities | USDA Securities:    
Held-to-maturity:    
Unamortized Premium/(Discount) 23,121 27,076
Available-for-sale:    
Unamortized Premium/(Discount) 23,121 27,076
Trading:    
Unamortized Premium/(Discount) 23,121 27,076
USDA Guarantees | Trading | USDA Securities:    
Held-to-maturity:    
Unamortized Premium/(Discount) 138 198
Available-for-sale:    
Unamortized Premium/(Discount) 138 198
Trading:    
Unamortized Premium/(Discount) 138 198
AgVantage Securities    
Trading:    
Available-for-sale, accrued interest excluded 32,000 32,300
Held-to-maturity, accrued interest excluded 31,200 44,700
Trading securities, accrued interest excluded 100 200
AgVantage Securities | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unpaid Principal Balance 1,012,162 1,141,430
Amortized Cost 1,012,142 1,141,375
Allowance for losses (182) (120)
Unrealized Gains 17,046 23,986
Unrealized Losses (4,196) (61)
Fair Value 1,024,810 1,165,180
Available-for-sale:    
Unpaid Principal Balance 6,617,498 6,593,518
Amortized cost 6,618,871 6,594,992
Allowance for losses (220) (310)
Unrealized Gains 271,223 368,257
Unrealized Losses (12,469) (15,238)
Fair Value 6,877,405  
AgVantage Securities | Held-to-Maturity Securities | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unamortized Premium/(Discount) (20) (55)
Available-for-sale:    
Unamortized Premium/(Discount) (20) (55)
Trading:    
Unamortized Premium/(Discount) (20) (55)
AgVantage Securities | Available-for-Sale Securities | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unamortized Premium/(Discount) 1,373 1,474
Available-for-sale:    
Unamortized Premium/(Discount) 1,373 1,474
Trading:    
Unamortized Premium/(Discount) $ 1,373 $ 1,474