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Fair Value Disclosures - Unobservable Input Reconciliation (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Net Income Net Income Net Income Net Income
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] Comprehensive Income (Loss), Net of Tax, Attributable to Parent Comprehensive Income (Loss), Net of Tax, Attributable to Parent Comprehensive Income (Loss), Net of Tax, Attributable to Parent Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Level 3 | Recurring        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance $ 8,250,460 $ 6,628,731 $ 7,632,487 $ 6,358,451
Purchases 852,000 520,000 1,539,650 1,352,750
Settlements (1,258,093) (515,028) (1,400,530) (811,898)
Allowance for Losses 9 85 45 (331)
Realized and unrealized (losses)/gains included in Income (101,929) (149,490) (8,228) (359,984)
Unrealized gains included in Other Comprehensive Income 27,679 (7,114) 6,702 (61,804)
Ending Balance 7,770,126 6,477,184 7,770,126 6,477,184
Floating rate auction-rate certificates backed by Government guaranteed student loans | Floating Interest Rate | Level 3 | Recurring        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 19,031 18,961 19,027 19,254
Purchases 0 0 0 0
Settlements 0 0 0 0
Allowance for Losses 1 1 5 3
Realized and unrealized (losses)/gains included in Income 0 0 0 0
Unrealized gains included in Other Comprehensive Income 0 99 0 (196)
Ending Balance 19,032 19,061 19,032 19,061
Available-for-sale securities | Level 3 | Recurring        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 19,031 18,961 19,027 19,254
Purchases 0 0 0 0
Settlements 0 0 0 0
Allowance for Losses 1 1 5 3
Realized and unrealized (losses)/gains included in Income 0 0 0 0
Unrealized gains included in Other Comprehensive Income 0 99 0 (196)
Ending Balance 19,032 19,061 19,032 19,061
Farmer Mac Guaranteed Securities | Level 3 | Recurring        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 8,225,454 6,600,246 7,607,226 6,328,559
Purchases 852,000 520,000 1,539,650 1,352,750
Settlements (1,257,854) (513,700) (1,399,673) (809,363)
Allowance for Losses 8 84 40 (334)
Realized and unrealized (losses)/gains included in Income (101,872) (149,205) (8,530) (359,792)
Unrealized gains included in Other Comprehensive Income 27,679 (7,213) 6,702 (61,608)
Ending Balance 7,745,415 6,450,212 7,745,415 6,450,212
Farmer Mac Guaranteed Securities | Level 3 | Recurring | AgVantage Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 8,217,420 6,589,224 7,599,379 6,316,145
Purchases 852,000 520,000 1,539,650 1,352,750
Settlements (1,257,413) (513,342) (1,398,799) (808,626)
Allowance for Losses 8 84 40 (334)
Realized and unrealized (losses)/gains included in Income (101,872) (149,205) (8,530) (359,792)
Unrealized gains included in Other Comprehensive Income 27,667 (6,365) 6,070 (59,747)
Ending Balance 7,737,810 6,440,396 7,737,810 6,440,396
Farmer Mac Guaranteed Securities | Level 3 | Recurring | Farmer Mac Guaranteed USDA Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 8,034 11,022 7,847 12,414
Purchases 0 0 0 0
Settlements (441) (358) (874) (737)
Allowance for Losses 0 0 0 0
Realized and unrealized (losses)/gains included in Income 0 0 0 0
Unrealized gains included in Other Comprehensive Income 12 (848) 632 (1,861)
Ending Balance 7,605 9,816 7,605 9,816
USDA Securities: | Level 3 | Recurring        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 1,405 3,386 1,767 4,401
Purchases 0 0 0 0
Settlements (48) (1,140) (435) (2,092)
Allowance for Losses 0 0 0 0
Realized and unrealized (losses)/gains included in Income (9) 29 16 (34)
Unrealized gains included in Other Comprehensive Income 0 0 0 0
Ending Balance 1,348 2,275 1,348 2,275
Guarantee and commitment obligations: | Level 3 | Recurring        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 4,570 6,138 4,467 6,237
Purchases 0 0 0 0
Settlements (191) (188) (422) (443)
Allowance for Losses 0 0 0 0
Realized and unrealized (losses)/gains included in Income (48) (314) 286 (158)
Unrealized gains included in Other Comprehensive Income 0 0 0 0
Ending Balance 4,331 5,636 4,331 5,636
Guarantee and commitment obligations: | Level 3 | Recurring | Guarantee Asset        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 4,570 6,138 4,467 6,237
Purchases 0 0 0 0
Settlements (191) (188) (422) (443)
Allowance for Losses 0 0 0 0
Realized and unrealized (losses)/gains included in Income (48) (314) 286 (158)
Unrealized gains included in Other Comprehensive Income 0 0 0 0
Ending Balance $ 4,331 $ 5,636 $ 4,331 $ 5,636