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Farmer Mac Guaranteed Securities and USDA Guaranteed Securities (Tables) (Farmer Mac and USDA Guaranteed Securities [Member])
 9 Months Ended
Sep. 30, 2013
Farmer Mac and USDA Guaranteed Securities [Member]
  
Schedule of Available-for-sale and Trading Securities [Line Items]  
Schedule of Available-for-sale Securities and Trading Securities Reconciliation [Table Text Block]
The following tables set forth information about on-balance sheet Farmer Mac Guaranteed Securities and USDA Guaranteed Securities as of September 30, 2013 and December 31, 2012:

Table 3.1

 
September 30, 2013
 
Unpaid Principal Balance
 
Unamortized Premium/(Discount)
 
Amortized
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair Value
 
(in thousands)
Available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
Farm & Ranch
$
3,539,650

 
$
134

 
$
3,539,784

 
$
72,464

 
$
(13,725
)
 
$
3,598,523

USDA Guarantees
24,925

 
(452
)
 
24,473

 
1,239

 
(4
)
 
25,708

Rural Utilities
1,533,634

 
—

 
1,533,634

 
8,510

 
(27,619
)
 
1,514,525

Total Farmer Mac Guaranteed Securities
5,098,209

 
(318
)
 
5,097,891

 
82,213

 
(41,348
)
 
5,138,756

USDA Guaranteed Securities
1,571,742

 
4,926

 
1,576,668

 
6,480

 
(16,457
)
 
1,566,691

Total available-for-sale
6,669,951

 
4,608

 
6,674,559

 
88,693

 
(57,805
)
 
6,705,447

Trading:
 
 
 
 
 

 
 

 
 

 
 

USDA Guaranteed Securities
59,031

 
5,144

 
64,175

 
226

 
(2,082
)
 
62,319

Total Farmer Mac Guaranteed Securities and USDA Guaranteed Securities
$
6,728,982

 
$
9,752

 
$
6,738,734

 
$
88,919

 
$
(59,887
)
 
$
6,767,766


 
December 31, 2012
 
Unpaid Principal Balance
 
Unamortized Premium/(Discount)
 
Amortized
Cost
 
Unrealized
Gains
 
Unrealized
Losses
 
Fair Value
 
(in thousands)
Available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
Farm & Ranch
$
3,339,200

 
$
160

 
$
3,339,360

 
$
92,223

 
$
(5,094
)
 
$
3,426,489

USDA Guarantees
26,238

 
(452
)
 
25,786

 
909

 
(14
)
 
26,681

Rural Utilities
1,298,506

 
—

 
1,298,506

 
18,530

 
(3,948
)
 
1,313,088

Total Farmer Mac Guaranteed Securities
4,663,944

 
(292
)
 
4,663,652

 
111,662

 
(9,056
)
 
4,766,258

USDA Guaranteed Securities
1,461,184

 
5,975

 
1,467,159

 
19,605

 
(169
)
 
1,486,595

Total available-for-sale
6,125,128

 
5,683

 
6,130,811

 
131,267

 
(9,225
)
 
6,252,853

Trading:
 
 
 
 
 

 
 

 
 

 
 

USDA Guaranteed Securities
98,499

 
6,415

 
104,914

 
624

 
(1,350
)
 
104,188

Total Farmer Mac Guaranteed Securities and USDA Guaranteed Securities
$
6,223,627

 
$
12,098

 
$
6,235,725

 
$
131,891

 
$
(10,575
)
 
$
6,357,041
Investments Classified by Contractual Maturity Date [Table Text Block]
The amortized cost, fair value, and weighted average yield of available-for-sale Farmer Mac Guaranteed Securities and USDA Guaranteed Securities by remaining contractual maturity as of September 30, 2013 are set forth below. The balances presented are based on their final maturities, although the actual maturities may differ due to prepayments of the underlying assets.

Table 3.2

 
September 30, 2013
 
Available-for-Sale Securities
 
Amortized
Cost
 
Fair Value
 
Weighted-
Average
Yield
 
(dollars in thousands)
Due within one year
$
1,198,850

 
$
1,213,841

 
2.42
%
Due after one year through five years
3,004,265

 
3,044,983

 
2.23
%
Due after five years through ten years
607,720

 
612,002

 
2.40
%
Due after ten years
1,863,724

 
1,834,621

 
2.60
%
Total
$
6,674,559

 
$
6,705,447

 
2.38
%