XML 55 R42.htm IDEA: XBRL DOCUMENT
v3.20.4

Related Party Transactions - Narrative (Details) - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Related Party Transaction [Line Items] |  |  |
Commitment fees receivable | $ 100,000 | $ 100,000 |
Zions Bancorporation, National Association |  |  |
Related Party Transaction [Line Items] |  |  |
Related party percent of Farmer Mac's outstanding business volume | 4.10% | 4.50% |
Servicing fees | $ 11,800,000 | $ 12,200,000 | $ 11,600,000
CFC |  |  |
Related Party Transaction [Line Items] |  |  |
Transaction with related party, percent of volume | 9.50% | 12.50% | 19.10%
Related party percent of Farmer Mac's outstanding business volume | 19.20% | 21.20% |
Servicing fees | $ 3,300,000 | $ 3,200,000 | $ 3,600,000
Interest receivables | 5,300,000 | 9,200,000 |
Interest income | 63,100,000 | 97,300,000 | 76,800,000
Commitment fees earned | 1,300,000 | 1,700,000 | 1,900,000
Unpaid principal balance | 542,443,000 | 660,000,000 | 986,645,000
CoBank |  |  |
Related Party Transaction [Line Items] |  |  |
Servicing fees | 2,300,000 | 1,200,000 |
AgFirst Farm Credit Bank |  |  |
Related Party Transaction [Line Items] |  |  |
Commitment fees receivable |  | 100,000 | 100,000
Commitment fees earned | 1,200,000 |  |
Guarantee fees | 25,000 | 29,000 | 33,000
AgFirst Farm Credit Bank | Guarantee Obligations |  |  |
Related Party Transaction [Line Items] |  |  |
Unpaid principal balance | 32,500,000 | 26,700,000 | 26,600,000
Outstanding balance | 331,200,000 | 332,400,000 |
AgFirst Farm Credit Bank | Performance Guarantee |  |  |
Related Party Transaction [Line Items] |  |  |
Outstanding balance | 5,500,000 | 7,000,000.0 |
Farm Credit Bank of Texas |  |  |
Related Party Transaction [Line Items] |  |  |
Servicing fees | 100,000 | 100,000 | 200,000
Commitment fees earned | 1,200,000 | 1,100,000 | $ 1,000,000.0
Farm Credit Bank of Texas | Guarantee Obligations |  |  |
Related Party Transaction [Line Items] |  |  |
Outstanding balance | $ 304,900,000 | $ 270,300,000 |
Class A voting common stock | Zions Bancorporation, National Association |  |  |
Related Party Transaction [Line Items] |  |  |
Ownership by a related party | 31.20% |  |
Class A voting common stock | CFC |  |  |
Related Party Transaction [Line Items] |  |  |
Ownership by a related party | 7.90% |  |
Common Class B | CoBank |  |  |
Related Party Transaction [Line Items] |  |  |
Ownership by a related party | 32.60% |  |
Common Class B | AgFirst Farm Credit Bank |  |  |
Related Party Transaction [Line Items] |  |  |
Ownership by a related party | 16.80% |  |
Common Class B | Farm Credit Bank of Texas |  |  |
Related Party Transaction [Line Items] |  |  |
Ownership by a related party | 7.70% |  |
Farm & Ranch | Zions Bancorporation, National Association |  |  |
Related Party Transaction [Line Items] |  |  |
Transaction with related party, percent of volume of loan purchases | 7.10% | 9.50% | 11.90%
Transaction with related party, percent of volume | 6.20% | 7.60% | 8.20%
USDA Guarantee | Zions Bancorporation, National Association |  |  |
Related Party Transaction [Line Items] |  |  |
Transaction with related party, percent of volume | 1.40% | 2.10% | 4.20%
Rural Utilities: | CFC |  |  |
Related Party Transaction [Line Items] |  |  |
Transaction with related party, percent of volume of loan purchases | 36.70% |  |
Rural Utilities: | CoBank |  |  |
Related Party Transaction [Line Items] |  |  |
Transaction with related party, percent of volume of loan purchases | 56.00% | 89.10% |
AgVantage Securities | CFC |  |  |
Related Party Transaction [Line Items] |  |  |
Transaction with related party, percent of volume | 19.20% | 25.50% | 29.50%
AgVantage Securities | CFC | Guarantee Obligations |  |  |
Related Party Transaction [Line Items] |  |  |
Unpaid principal balance | $ 250,000,000 | $ 575,000,000 | $ 675,000,000
Mortgages | Farm & Ranch | Zions Bancorporation, National Association |  |  |
Related Party Transaction [Line Items] |  |  |
Unpaid principal balance | 177,143,000 | 129,040,000 | 114,719,000
Mortgages | Farm & Ranch | Farm Credit of Florida [Member] |  |  |
Related Party Transaction [Line Items] |  |  |
Unpaid principal balance | 200,000 | 0 | 0
Mortgages | Rural Utilities: |  |  |
Related Party Transaction [Line Items] |  |  |
Unpaid principal balance | 416,800,000 | 776,400,000 |
USDA Securities: | USDA Guarantee | Zions Bancorporation, National Association |  |  |
Related Party Transaction [Line Items] |  |  |
Unpaid principal balance | 10,764,000 | 8,875,000 | 19,120,000
USDA Securities: | USDA Guarantee | Bath State Bank |  |  |
Related Party Transaction [Line Items] |  |  |
Unpaid principal balance | $ 9,200,000 | $ 4,000,000.0 | $ 2,000,000.0

X
- Definition Common Stock Ownership Percentage by a Related Party + References No definition available. + Details
Name: | agm_CommonStockOwnershipPercentageByRelatedParty
Namespace Prefix: | agm_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Related Party Transaction, Related Party's percent of total Program + References No definition available. + Details
Name: | agm_RelatedPartyTransactionRelatedPartysPercentOfTotalProgram
Namespace Prefix: | agm_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Related Party Transaction, Related Party's Percent of Total Program Loans + References No definition available. + Details
Name: | agm_RelatedPartyTransactionRelatedPartysPercentOfTotalProgramLoans
Namespace Prefix: | agm_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Related Party Transactions, Outstanding Balance + References No definition available. + Details
Name: | agm_RelatedPartyTransactionsOutstandingBalance
Namespace Prefix: | agm_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Related Party's percent of Farmer Mac Total Outstanding Book of Business + References No definition available. + Details
Name: | agm_RelatedPartysPercentOfFarmerMacTotalOutstandingBookOfBusiness
Namespace Prefix: | agm_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of receivables arising from transactions with related parties due within one year or the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3(a)(2)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864 + Details
Name: | us-gaap_AccountsReceivableRelatedPartiesCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition For an unclassified balance sheet, amounts due from related parties including affiliates, employees, joint ventures, officers and stockholders, immediate families thereof, and pension funds. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.10(3)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.3) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details
Name: | us-gaap_DueFromRelatedParties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of interest income earned from interest-bearing assets owed to the entity by related party. + References No definition available. + Details
Name: | us-gaap_InterestIncomeRelatedParty
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Expenses recognized resulting from transactions (excluding transactions that are eliminated in consolidated or combined financial statements) with related party. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 + Details
Name: | us-gaap_RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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_RelatedPartyTransactionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Reflects the sum of all other revenue and income realized from sales and other transactions (excluding transactions that are eliminated in consolidated or combined financial statements) with related party during the period. + References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Purchases during the period (excluding transactions that are eliminated in consolidated or combined financial statements) with related party. + References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionPurchasesFromRelatedParty
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07.1(c)) -URI http://asc.fasb.org/extlink&oid=120401555&loc=SL114874292-224272 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1(e)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + Details
Name: | us-gaap_RevenueFromRelatedParties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=agm_ZionsBancorporationNationalAssociationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=agm_CfcMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=agm_CoBankMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=agm_AgfirstFarmCreditBankMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_GuaranteeObligationsByNatureAxis=us-gaap_GuaranteeObligationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_GuaranteeObligationsByNatureAxis=us-gaap_PerformanceGuaranteeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=agm_FarmCreditBankOfTexasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassBMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

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

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

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_MortgagesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=agm_FarmCreditOfFloridaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=agm_BathStateBankMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |