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Summary of Significant Accounting Policies - Consolidation of Variable Interest Entities (Details) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Variable Interest Entity [Line Items]    
Loans held for investment, at amortized cost $ 6,825,061 $ 5,390,977
Debt securities of consolidated trusts held by third parties 21,589,285 19,098,648
Farm & Ranch    
Variable Interest Entity [Line Items]    
Loans held for investment, at amortized cost 5,857,324  
Borrower remittances 16,000 15,600
USDA Guarantees    
Variable Interest Entity [Line Items]    
Unamortized Premium/(Discount) (100) (200)
On-Balance Sheet:    
Variable Interest Entity [Line Items]    
Loans held for investment, at amortized cost   5,276,557
On-Balance Sheet: | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Loans held for investment, at amortized cost 1,276,407 1,600,917
Debt securities of consolidated trusts held by third parties 1,292,416 1,616,504
On-Balance Sheet: | Farm & Ranch    
Variable Interest Entity [Line Items]    
Loans held for investment, at amortized cost   5,276,557
Off-Balance Sheet:    
Variable Interest Entity [Line Items]    
Loans held for investment, at amortized cost   2,500,393
Off-Balance Sheet: | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 396,449 496,538
Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value 7,511,638 7,143,025
Farmer Mac Guaranteed Securities | On-Balance Sheet: | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Carrying value 36,505 32,041
Maximum exposure to loss 36,414 31,887
Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 3,532,190 2,959,843
Unamortized Premium/(Discount) 9,439 1,382
Investment securities | On-Balance Sheet: | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Carrying value 1,835,688 1,117,203
Maximum exposure to loss 1,829,604 1,120,765
Operating Segments | On-Balance Sheet: | Farm & Ranch | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Loans held for investment, at amortized cost 1,276,407 1,600,917
Debt securities of consolidated trusts held by third parties 1,292,416 1,616,504
Operating Segments | On-Balance Sheet: | USDA Guarantees | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Loans held for investment, at amortized cost 0 0
Debt securities of consolidated trusts held by third parties 0 0
Operating Segments | Off-Balance Sheet: | Farm & Ranch | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 85,767 107,322
Operating Segments | Off-Balance Sheet: | USDA Guarantees | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 310,682 389,216
Operating Segments | Farmer Mac Guaranteed Securities | On-Balance Sheet: | Farm & Ranch | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Carrying value 0 0
Maximum exposure to loss 0 0
Operating Segments | Farmer Mac Guaranteed Securities | On-Balance Sheet: | USDA Guarantees | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Carrying value 36,505 32,041
Maximum exposure to loss 36,414 31,887
Operating Segments | Investment securities | On-Balance Sheet: | Farm & Ranch | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Carrying value 0 0
Maximum exposure to loss 0 0
Operating Segments | Investment securities | On-Balance Sheet: | USDA Guarantees | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Carrying value 0 0
Maximum exposure to loss 0 0
Corporate | On-Balance Sheet: | Variable Interest Entity, Primary Beneficiary    
Variable Interest Entity [Line Items]    
Loans held for investment, at amortized cost 0 0
Debt securities of consolidated trusts held by third parties 0 0
Corporate | Off-Balance Sheet: | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 0 0
Corporate | Farmer Mac Guaranteed Securities | On-Balance Sheet: | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Carrying value 0 0
Maximum exposure to loss 0 0
Corporate | Investment securities | On-Balance Sheet: | Variable Interest Entity, Not Primary Beneficiary    
Variable Interest Entity [Line Items]    
Carrying value 1,835,688 1,117,203
Maximum exposure to loss $ 1,829,604 $ 1,120,765