XML 77 R63.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Fair Value Disclosures - Quantitative Information (Details) - Fair Value, Measurements, Recurring [Member] - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | ---
Mar. 31, 2017 | Dec. 31, 2016 | Mar. 31, 2016 | Dec. 31, 2015
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | $ 5,284,591 |  | $ 4,891,803 |  | $ 6,518,500 | $ 6,115,339
USDA Securities [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | $ 18,602 |  | $ 20,388 |  | 1,934,883 | 1,917,319
Minimum [Member] | Floating rate auction-rate certificates backed by Government guaranteed student loans | Market Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Range of Offered Quotes | 92.00% |  | 90.00% |  |  |
Minimum [Member] | Institutional Credit [Member] | Farmer Mac Guaranteed Securities [Member] | Cost Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate | 1.70% |  | 1.50% |  |  |
Minimum [Member] | Institutional Credit [Member] | USDA Securities [Member] | Cost Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate |  |  |  |  |  |
Fair Value Inputs, Prepayment Rate |  |  |  |  |  |
Minimum [Member] | USDA Guarantees [Member] | USDA Securities [Member] | Cost Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate | 3.70% |  | 4.00% |  |  |
Fair Value Inputs, Prepayment Rate | 9.00% |  | 13.00% |  |  |
Maximum [Member] | Floating rate auction-rate certificates backed by Government guaranteed student loans | Market Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Range of Offered Quotes | 92.00% |  | 90.00% |  |  |
Maximum [Member] | Institutional Credit [Member] | Farmer Mac Guaranteed Securities [Member] | Cost Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate | 3.30% |  | 3.30% |  |  |
Maximum [Member] | Institutional Credit [Member] | USDA Securities [Member] | Cost Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate |  |  |  |  |  |
Fair Value Inputs, Prepayment Rate |  |  |  |  |  |
Maximum [Member] | USDA Guarantees [Member] | USDA Securities [Member] | Cost Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate | 5.30% |  | 5.30% |  |  |
Fair Value Inputs, Prepayment Rate | 19.00% |  | 18.00% |  |  |
Weighted Average [Member] | Floating rate auction-rate certificates backed by Government guaranteed student loans | Market Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Range of Offered Quotes | 92.00% |  | 90.00% |  |  |
Weighted Average [Member] | Institutional Credit [Member] | Farmer Mac Guaranteed Securities [Member] | Cost Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate | 2.00% |  | 1.90% |  |  |
Weighted Average [Member] | Institutional Credit [Member] | USDA Securities [Member] | Cost Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate |  |  |  |  |  |
Fair Value Inputs, Prepayment Rate |  |  |  |  |  |
Weighted Average [Member] | USDA Guarantees [Member] | USDA Securities [Member] | Cost Approach Valuation Technique [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate | 5.00% |  | 5.00% |  |  |
Fair Value Inputs, Prepayment Rate | 17.00% |  | 17.00% |  |  |
Available-for-sale Securities [Member] | Farmer Mac Guaranteed Securities [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | $ 5,243,046 |  | $ 4,853,685 |  | 4,565,504 | 4,152,605
Available-for-sale Securities [Member] | USDA Securities [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 0 |  | 0 |  | 1,908,014 | 1,888,344
Available-for-sale Securities [Member] | Institutional Credit [Member] | Farmer Mac Guaranteed Securities [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | 5,243,046 | [1] | 4,853,685 | [1] | 4,534,810 | 4,121,244
Available-for-sale Securities [Member] | USDA Guarantees [Member] | Farmer Mac Guaranteed Securities [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value |  |  |  |  | 30,694 | 31,361
Available-for-sale Securities [Member] | Fixed Interest Rate [Member] | Government/GSE Guaranteed Mortgage Backed Securities [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | $ 4,819 |  | $ 0 |  |  |
Fair Value Inputs, Prepayment Rate | 0.00% |  | 0.00% |  |  |
Available-for-sale Securities [Member] | Minimum [Member] | Fixed Interest Rate [Member] | Government/GSE Guaranteed Mortgage Backed Securities [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate | 3.40% |  | 0.00% |  |  |
Available-for-sale Securities [Member] | Maximum [Member] | Fixed Interest Rate [Member] | Government/GSE Guaranteed Mortgage Backed Securities [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate | 3.40% |  | 0.00% |  |  |
Available-for-sale Securities [Member] | Weighted Average [Member] | Fixed Interest Rate [Member] | Government/GSE Guaranteed Mortgage Backed Securities [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value Inputs, Discount Rate | 3.40% |  | 0.00% |  |  |
Trading Securities [Member] | USDA Securities [Member] |  |  |  |  |  |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] |  |  |  |  |  |
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value | $ 18,602 | [1] | $ 20,388 | [1] | $ 26,869 | $ 28,975
[1] | Includes unrealized losses of $44,000 attributable to assets still held as of March 31, 2017 that are recorded in "(Losses)/gains on trading securities."

X
- Definition Fair Value Inputs, Range of Offered Quotes + References No definition available. + Details
Name: | agm_FairValueInputsRangeOfOfferedQuotes
Namespace Prefix: | agm_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueInputsDiscountRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Rate at which loans or a loan portfolio are expected to prepay principal balances, used as an input to measure fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueInputsPrepaymentRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_AuctionRateSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationTechniqueAxis=us-gaap_MarketApproachValuationTechniqueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=agm_InstitutionalCreditMemberMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_USGovernmentSponsoredEnterprisesDebtSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationTechniqueAxis=us-gaap_CostApproachValuationTechniqueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=agm_USDAGuaranteesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_WeightedAverageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_GainLossOnInvestmentsByCategoryAxis=us-gaap_AvailableforsaleSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=agm_FixedInterestRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_MortgageBackedSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_GainLossOnInvestmentsByCategoryAxis=us-gaap_TradingAccountAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |