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Fair Value Disclosures - Unobservable Input Reconciliation (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 01, 2023
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 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 $ 7,770,126 $ 7,770,126 $ 6,477,184 $ 7,632,487 $ 6,358,451
Purchases   100,000 1,370,000 1,639,650 2,722,750
Settlements   (7,172) (628,211) (1,407,702) (1,440,110)
Allowance for Losses   134 0 179 (331)
Realized and unrealized (losses)/gains included in Income   (106,203) (205,206) (114,431) (565,190)
Unrealized gains/(losses) included in Other Comprehensive Income   12,206 (13,979) 18,908 (75,782)
Transfers Out   (2,684,096)   (2,684,096)  
Ending Balance   5,084,995 6,999,788 5,084,995 6,999,788
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 19,032 19,032 19,061 19,027 19,254
Purchases   0 0 0 0
Settlements   0 0 0 0
Allowance for Losses   1 11 6 14
Realized and unrealized (losses)/gains included in Income   0 0 0 0
Unrealized gains/(losses) included in Other Comprehensive Income   0 171 0 (25)
Transfers Out   0   0  
Ending Balance   19,033 19,243 19,033 19,243
Available-for-sale securities | Level 3 | Recurring          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 19,032 19,032 19,061 19,027 19,254
Purchases   0 0 0 0
Settlements   0 0 0 0
Allowance for Losses   1 11 6 14
Realized and unrealized (losses)/gains included in Income   0 0 0 0
Unrealized gains/(losses) included in Other Comprehensive Income   0 171 0 (25)
Transfers Out   0   0  
Ending Balance   19,033 19,243 19,033 19,243
Farmer Mac Guaranteed Securities | Level 3 | Recurring          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 7,745,415 7,745,415 6,450,212 7,607,226 6,328,559
Purchases   100,000 1,370,000 1,639,650 2,722,750
Settlements   (7,044) (627,599) (1,406,717) (1,436,963)
Allowance for Losses   133 (11) 173 (345)
Realized and unrealized (losses)/gains included in Income   (107,917) (204,450) (116,447) (564,242)
Unrealized gains/(losses) included in Other Comprehensive Income   12,206 (14,150) 18,908 (75,757)
Transfers Out   (2,684,096)   (2,684,096)  
Ending Balance   5,058,697 6,974,002 5,058,697 6,974,002
Farmer Mac Guaranteed Securities | Level 3 | Recurring | AgVantage Securities          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 7,737,810 7,737,810 6,440,396 7,599,379 6,316,145
Purchases   100,000 1,370,000 1,639,650 2,722,750
Settlements   (6,875) (627,131) (1,405,674) (1,435,758)
Allowance for Losses   133 (11) 173 (345)
Realized and unrealized (losses)/gains included in Income   (107,917) (204,450) (116,447) (564,242)
Unrealized gains/(losses) included in Other Comprehensive Income   9,653 (13,043) 15,723 (72,789)
Transfers Out (2,700,000) (2,684,096)   (2,684,096)  
Ending Balance   5,048,708 6,965,761 5,048,708 6,965,761
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 7,605 7,605 9,816 7,847 12,414
Purchases   0 0 0 0
Settlements   (169) (468) (1,043) (1,205)
Allowance for Losses   0 0 0 0
Realized and unrealized (losses)/gains included in Income   0 0 0 0
Unrealized gains/(losses) included in Other Comprehensive Income   2,553 (1,107) 3,185 (2,968)
Transfers Out   0   0  
Ending Balance   9,989 8,241 9,989 8,241
USDA Securities: | Level 3 | Recurring          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 1,348 1,348 2,275 1,767 4,401
Purchases   0 0 0 0
Settlements   (44) (383) (479) (2,475)
Allowance for Losses   0 0 0 0
Realized and unrealized (losses)/gains included in Income   (2) (41) 14 (75)
Unrealized gains/(losses) included in Other Comprehensive Income   0 0 0 0
Transfers Out   0   0  
Ending Balance   1,302 1,851 1,302 1,851
Guarantee and commitment obligations: | Level 3 | Recurring          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance 4,331 4,331 5,636 4,467 6,237
Purchases   0 0 0 0
Settlements   (84) (229) (506) (672)
Allowance for Losses   0 0 0 0
Realized and unrealized (losses)/gains included in Income   1,716 (715) 2,002 (873)
Unrealized gains/(losses) included in Other Comprehensive Income   0 0 0 0
Transfers Out   0   0  
Ending Balance   5,963 4,692 5,963 4,692
Guarantee and commitment obligations: | Level 3 | Recurring | Guarantee Asset          
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]          
Beginning Balance $ 4,331 4,331 5,636 4,467 6,237
Purchases   0 0 0 0
Settlements   (84) (229) (506) (672)
Allowance for Losses   0 0 0 0
Realized and unrealized (losses)/gains included in Income   1,716 (715) 2,002 (873)
Unrealized gains/(losses) included in Other Comprehensive Income   0 0 0 0
Transfers Out   0   0  
Ending Balance   $ 5,963 $ 4,692 $ 5,963 $ 4,692