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Notes Payable - Notes Payable (Tables) | 12 Months Ended
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Dec. 31, 2016
Notes Payable [Abstract] |
Schedule of Debt [Table Text Block] | The following tables set forth information related to Farmer Mac's borrowings as of December 31, 2016 and 2015: Table 7.1
| December 31, 2016
| Outstanding as of December 31 |  | Average Outstanding During the Year
| Amount |  | Weighted- Average Rate |  | Amount |  | Weighted- Average Rate
| (dollars in thousands)
Due within one year: |  |  |  |  |  |  |
Discount notes | $ | 3,789,137 |  |  | 0.59 | % |  | $ | 5,753,425 |  |  | 0.50 | %
Medium-term notes | 2,495,202 |  |  | 0.70 | % |  | 1,551,094 |  |  | 0.57 | %
Current portion of long-term notes | 2,155,784 |  |  | 0.90 | % |  |  |  |  |  |
Total due within one year | $ | 8,440,123 |  |  | 0.70 | % |  |  |  |  |  |
Due after one year: |  |  |  |  |  |  |  |  |  |  |
Medium-term notes due in: |  |  |  |  |  |  |  |  |  |  |
2018 | $ | 1,733,121 |  |  | 1.08 | % |  |  |  |  |  |
2019 | 1,283,869 |  |  | 1.32 | % |  |  |  |  |  |
2020 | 495,096 |  |  | 1.50 | % |  |  |  |  |  |
2021 | 602,037 |  |  | 1.83 | % |  |  |  |
Thereafter | 1,108,854 |  |  | 3.01 | % |  |  |  |  |  |
Total due after one year | 5,222,977 |  |  | 1.68 | % |  |  |  |  |  |
Total | $ | 13,663,100 |  |  | 1.07 | % |  |  |  |  |  |
| December 31, 2015
| Outstanding as of December 31 |  | Average Outstanding During the Year
| Amount |  | Weighted- Average Rate |  | Amount |  | Weighted- Average Rate
| (dollars in thousands)
Due within one year: |  |  |  |  |  |  |
Discount notes | $ | 6,642,560 |  |  | 0.32 | % |  | $ | 5,251,081 |  |  | 0.22 | %
Medium-term notes | 595,991 |  |  | 0.38 | % |  | 761,998 |  |  | 0.25 | %
Current portion of long-term notes | 1,872,910 |  |  | 1.05 | % |  |  |  |  |  |
Total due within one year | $ | 9,111,461 |  |  | 0.48 | % |  |  |  |  |  |
Due after one year: |  |  |  |  |  |  |  |  |  |  |
Medium-term notes due in: |  |  |  |  |  |  |  |  |  |  |
2017 | $ | 1,200,558 |  |  | 1.02 | % |  |  |  |  |  |
2018 | 1,539,264 |  |  | 0.85 | % |  |  |  |  |  |
2019 | 520,284 |  |  | 1.73 | % |  |  |  |  |  |
2020 | 529,567 |  |  | 1.68 | % |  |  |  |
Thereafter | 1,177,363 |  |  | 3.05 | % |  |  |  |  |  |
Total due after one year | 4,967,036 |  |  | 1.59 | % |  |  |  |  |  |
Total | $ | 14,078,497 |  |  | 0.87 | % |  |  |  |  |  |
The maximum amount of Farmer Mac's discount notes outstanding at any month end during each of the years ended December 31, 2016 and 2015 was $6.9 billion and $6.7 billion, respectively. The following table summarizes by maturity date the amounts and costs for Farmer Mac debt callable in 2017 as of December 31, 2016: Table 7.2
Debt Callable in 2017 as of December 31, 2016
| Amount |  | Weighted-Average Rate
| (dollars in thousands)
Maturity: |  |  |
2018 | $ | 9,991 |  |  | 1.24 | %
2019 | 61,922 |  |  | 1.31 | %
2020 | 30,961 |  |  | 1.83 | %
2021 | 148,726 |  |  | 1.72 | %
Thereafter | 91,714 |  |  | 2.69 | %
Total | $ | 343,314 |  |  | 1.90 | %
Schedule of Long-term Debt Instruments [Table Text Block] | The following schedule summarizes the earliest interest rate reset date of total borrowings outstanding as of December 31, 2016, including callable and non-callable medium-term notes, assuming callable notes are redeemed at the initial call date: Table 7.3
| Earliest Interest Rate Reset Date of Borrowings Outstanding
| Amount |  | Weighted-Average Rate
| (dollars in thousands)
Debt with interest rate resets in: |  |  |
2017 | $ | 9,416,805 |  |  | 0.73%
2018 | 1,488,131 |  |  | 1.12%
2019 | 919,021 |  |  | 1.47%
2020 | 329,181 |  |  | 1.77%
2021 | 547,078 |  |  | 1.91%
Thereafter | 962,884 |  |  | 3.27%
Total | $ | 13,663,100 |  |  | 1.07%
During 2016 and 2015, Farmer Mac called $1.3 billion and $2.4 billion of callable medium-term notes, respectively.

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