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Farmer Mac Guaranteed Securities and USDA Securities - Schedule of On-Balance Sheet Securities (Details) - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unpaid Principal Balance $ 2,248,451 $ 1,175,886
Amortized Cost 2,248,476 1,175,912
Allowance for losses (173) (120)
Unrealized Gains 14,562 25,259
Unrealized Losses (8,134) (61)
Fair Value 2,254,731 1,200,990
Available-for-sale:    
Amortized cost 5,909,989  
USDA Securities:    
Trading:    
Fair Value 4,793 6,695
Farmer Mac Guaranteed Securities and USDA Securities    
Held-to-maturity:    
Unpaid Principal Balance 4,678,401 3,622,436
Amortized Cost 4,705,693 3,649,538
Allowance for losses (173) (120)
Unrealized Gains 101,550 183,007
Unrealized Losses (8,925) (621)
Fair Value 4,798,145 3,831,804
Held-to-Maturity Securities | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unamortized Premium/(Discount) 25 26
Available-for-sale:    
Unamortized Premium/(Discount) 25 26
Trading:    
Unamortized Premium/(Discount) 25 26
Held-to-Maturity Securities | Farmer Mac Guaranteed Securities and USDA Securities    
Held-to-maturity:    
Unamortized Premium/(Discount) 27,292 27,102
Available-for-sale:    
Unamortized Premium/(Discount) 27,292 27,102
Trading:    
Unamortized Premium/(Discount) 27,292 27,102
USDA Guarantees    
Held-to-maturity:    
Unamortized Premium/(Discount)   100
Available-for-sale:    
Unamortized Premium/(Discount)   100
Trading:    
Unamortized Premium/(Discount)   100
USDA Guarantees | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unpaid Principal Balance 28,227 34,456
Amortized Cost 28,265 34,537
Allowance for losses 0 0
Unrealized Gains 936 1,273
Unrealized Losses 0 0
Fair Value 29,201 35,810
USDA Guarantees | USDA Securities:    
Held-to-maturity:    
Unpaid Principal Balance 2,429,950 2,446,550
Amortized Cost 2,457,217 2,473,626
Allowance for losses 0 0
Unrealized Gains 86,988 157,748
Unrealized Losses (791) (560)
Fair Value 2,543,414 2,630,814
Trading:    
Unpaid Principal Balance 4,632 6,413
Amortized Cost 4,747 6,611
Allowance for losses 0 0
Unrealized Gains 48 84
Unrealized Losses (2) 0
Fair Value $ 4,793 $ 6,695
Trading securities, weighted-average yield 5.13% 5.05%
USDA Guarantees | Held-to-Maturity Securities | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unamortized Premium/(Discount) $ 38 $ 81
Available-for-sale:    
Unamortized Premium/(Discount) 38 81
Trading:    
Unamortized Premium/(Discount) 38 81
USDA Guarantees | Held-to-Maturity Securities | USDA Securities:    
Held-to-maturity:    
Unamortized Premium/(Discount) 27,267 27,076
Available-for-sale:    
Unamortized Premium/(Discount) 27,267 27,076
Trading:    
Unamortized Premium/(Discount) 27,267 27,076
USDA Guarantees | Trading | USDA Securities:    
Held-to-maturity:    
Unamortized Premium/(Discount) 115 198
Available-for-sale:    
Unamortized Premium/(Discount) 115 198
Trading:    
Unamortized Premium/(Discount) 115 198
AgVantage Securities    
Trading:    
Available-for-sale, accrued interest excluded 30,400 32,300
Held-to-maturity, accrued interest excluded 37,500 44,700
Trading securities, accrued interest excluded 100 200
AgVantage Securities | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unpaid Principal Balance 2,220,224 1,141,430
Amortized Cost 2,220,211 1,141,375
Allowance for losses (173) (120)
Unrealized Gains 13,626 23,986
Unrealized Losses (8,134) (61)
Fair Value 2,225,530 1,165,180
Available-for-sale:    
Unpaid Principal Balance 5,908,666 6,593,518
Amortized cost 5,909,989 6,594,992
Allowance for losses (290) (310)
Unrealized Gains 245,361 368,257
Unrealized Losses (16,301) (15,238)
Fair Value 6,138,759  
AgVantage Securities | Held-to-Maturity Securities | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unamortized Premium/(Discount) (13) (55)
Available-for-sale:    
Unamortized Premium/(Discount) (13) (55)
Trading:    
Unamortized Premium/(Discount) (13) (55)
AgVantage Securities | Available-for-Sale Securities | Farmer Mac Guaranteed Securities    
Held-to-maturity:    
Unamortized Premium/(Discount) 1,323 1,474
Available-for-sale:    
Unamortized Premium/(Discount) 1,323 1,474
Trading:    
Unamortized Premium/(Discount) $ 1,323 $ 1,474