XML 20 R90.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Fair Value Disclosures - Unobservable Input Reconciliation (Details) - Fair Value, Inputs, Level 3 - Fair Value, Measurements, Recurring - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2017
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning Balance | $ 6,003,211 | $ 5,508,576 | $ 4,891,803
Cumulative Effect from Change in Hedge Accounting |  | 487 | 7,041
Purchases | 2,091,566 | 2,305,396 | 1,289,876
Sales | (57,853) | (127,850) | (155,744)
Settlements | (1,021,706) | (1,676,136) | (533,943)
Realized and Unrealized (Losses)/Gains included in Income | 181,470 | 19,448 | (7,649)
Unrealized Gains/(Losses) included in Other Comprehen-sive Income | (25,838) | (26,710) | 17,192
Ending Balance | 7,170,850 | 6,003,211 | 5,508,576
USDA Securities: |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning Balance | 9,999 | 13,515 | 20,388
Cumulative Effect from Change in Hedge Accounting |  | 0 | 0
Purchases | 57,853 | 127,850 | 155,744
Sales | (57,853) | (127,850) | (155,744)
Settlements | (1,412) | (3,597) | (6,849)
Realized and Unrealized (Losses)/Gains included in Income | 326 | 81 | (24)
Unrealized Gains/(Losses) included in Other Comprehen-sive Income | 0 | 0 | 0
Ending Balance | 8,913 | 9,999 | 13,515
Unrealized gains attributable to assets held |  | 100 | 100
Available-for-Sale Securities | Farmer Mac Guaranteed Securities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning Balance | 5,974,497 | 5,471,914 | 4,853,685
Cumulative Effect from Change in Hedge Accounting |  | 487 | 0
Purchases | 2,033,713 | 2,177,546 | 1,134,132
Sales | 0 | 0 | 0
Settlements | (1,020,294) | (1,670,402) | (526,650)
Realized and Unrealized (Losses)/Gains included in Income | 181,144 | 21,459 | (7,625)
Unrealized Gains/(Losses) included in Other Comprehen-sive Income | (26,035) | (26,507) | 18,372
Ending Balance | 7,143,025 | 5,974,497 | 5,471,914
Available-for-Sale Securities | USDA Securities: |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning Balance | 0 | 0 | 0
Cumulative Effect from Change in Hedge Accounting |  | 0 | 0
Purchases | 57,853 | 127,850 | 155,744
Sales | (57,853) | (127,850) | (155,744)
Settlements | 0 | 0 | 0
Realized and Unrealized (Losses)/Gains included in Income | 0 | 0 | 0
Unrealized Gains/(Losses) included in Other Comprehen-sive Income | 0 | 0 | 0
Ending Balance | 0 | 0 | 0
Available-for-Sale Securities | Debt Securities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning Balance | 18,715 | 23,147 | 17,730
Cumulative Effect from Change in Hedge Accounting |  | 0 | 7,041
Purchases | 0 | 0 | 0
Sales | 0 | 0 | 0
Settlements | 0 | (2,137) | (444)
Realized and Unrealized (Losses)/Gains included in Income | 0 | (2,092) | 0
Unrealized Gains/(Losses) included in Other Comprehen-sive Income | 197 | (203) | (1,180)
Ending Balance | 18,912 | 18,715 | 23,147
Trading Securities | USDA Securities: |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning Balance | 9,999 | 13,515 | 20,388
Cumulative Effect from Change in Hedge Accounting |  | 0 | 0
Purchases | 0 | 0 | 0
Sales | 0 | 0 | 0
Settlements | (1,412) | (3,597) | (6,849)
Realized and Unrealized (Losses)/Gains included in Income | 326 | 81 | (24)
Unrealized Gains/(Losses) included in Other Comprehen-sive Income | 0 | 0 | 0
Ending Balance | 8,913 | 9,999 | 13,515
Institutional Credit | Available-for-Sale Securities | Farmer Mac Guaranteed Securities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning Balance | 5,974,497 | 5,471,914 | 4,853,685
Cumulative Effect from Change in Hedge Accounting |  | 487 | 0
Purchases | 2,033,713 | 2,177,546 | 1,134,132
Sales | 0 | 0 | 0
Settlements | (1,020,294) | (1,670,402) | (526,650)
Realized and Unrealized (Losses)/Gains included in Income | 181,144 | 21,459 | (7,625)
Unrealized Gains/(Losses) included in Other Comprehen-sive Income | (26,035) | (26,507) | 18,372
Ending Balance | 7,143,025 | 5,974,497 | 5,471,914
Floating Interest Rate | Available-for-Sale Securities | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning Balance | 18,715 | 18,814 | 17,730
Cumulative Effect from Change in Hedge Accounting |  | 0 | 0
Purchases | 0 | 0 | 0
Sales | 0 | 0 | 0
Settlements | 0 | 0 | 0
Realized and Unrealized (Losses)/Gains included in Income | 0 | 0 | 0
Unrealized Gains/(Losses) included in Other Comprehen-sive Income | 197 | (99) | 1,084
Ending Balance | 18,912 | 18,715 | 18,814
Fixed Interest Rate | Available-for-Sale Securities | Government/GSE Guaranteed Mortgage Backed Securities |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |
Beginning Balance | $ 0 | 4,333 | 0
Cumulative Effect from Change in Hedge Accounting |  | 0 | 7,041
Purchases |  | 0 | 0
Sales |  | 0 | 0
Settlements |  | (2,137) | (444)
Realized and Unrealized (Losses)/Gains included in Income |  | (2,092) | 0
Unrealized Gains/(Losses) included in Other Comprehen-sive Income |  | (104) | (2,264)
Ending Balance |  | $ 0 | $ 4,333

X
- Definition Amount of unrealized gain on investment in debt security measured at fair value with change in fair value recognized in net income (trading). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27357-111563 + Details
Name: | us-gaap_DebtSecuritiesTradingUnrealizedGain
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of gain (loss) recognized in the income statement for 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of gain (loss) recognized in other comprehensive income (loss) for 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of purchases 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of sale 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of settlement 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of transfer of financial instrument classified as an asset into level 3 of the fair value hierarchy. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=99377789&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_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_InformationByCategoryOfDebtSecurityAxis=agm_DebtSecuritiesTradingMember
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: | srt_ProductOrServiceAxis=agm_FloatingInterestRateMember
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: | srt_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: |