XML 64 R54.htm IDEA: XBRL DOCUMENT
v3.23.3

Loans - Unpaid Principal Balances by Delinquency Status (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Sep. 30, 2023 | Sep. 30, 2023 | Dec. 31, 2022
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | $ 9,130,933 | $ 9,130,933 | $ 9,008,979
Nonaccrual loans | 63,866 | 63,866 | 78,965
Total loans | 10,977,162 | 10,977,162 | 10,549,845
Nonaccrual loans with no associated allowance | 23,800 | 23,800 | 22,000
Interest received on nonaccrual loans | 400 | 1,900 | 5,600
Farm & Ranch |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 6,410,672 | 6,410,672 | 6,362,326
Nonaccrual loans | 63,866 | 63,866 | 63,402
Total loans | 6,410,672 | 6,410,672 | 6,362,326
Corporate AgFinance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 1,223,777 | 1,223,777 | 1,166,253
Nonaccrual loans | 0 | 0 | 15,563
Total loans | 1,223,777 | 1,223,777 | 1,166,253
Agricultural Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Nonaccrual loans | 63,866 | 63,866 | 78,965
Total loans | 7,634,449 | 7,634,449 | 7,528,579
Rural Infrastructure Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 3,342,713 | 3,342,713 | 3,021,266
Nonaccrual loans | 0 | 0 | 0
Total loans | 3,342,713 | 3,342,713 | 3,021,266
Current |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 10,885,584 | 10,885,584 | 10,459,282
Current | Farm & Ranch |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 6,319,094 | 6,319,094 | 6,287,326
Current | Corporate AgFinance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 1,223,777 | 1,223,777 | 1,150,690
Current | Agricultural Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 7,542,871 | 7,542,871 | 7,438,016
Current | Rural Infrastructure Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 3,342,713 | 3,342,713 | 3,021,266
Total Past Due |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 27,712 | 27,712 | 11,598
Total Past Due | Farm & Ranch |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 27,712 | 27,712 | 11,598
Total Past Due | Corporate AgFinance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 0 | 0 | 0
Total Past Due | Agricultural Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 27,712 | 27,712 | 11,598
Total Past Due | Rural Infrastructure Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 0 | 0 | 0
30-59 Days |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 15,652 | 15,652 | 10,066
30-59 Days | Farm & Ranch |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 15,652 | 15,652 | 10,066
30-59 Days | Corporate AgFinance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 0 | 0 | 0
30-59 Days | Agricultural Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 15,652 | 15,652 | 10,066
30-59 Days | Rural Infrastructure Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 0 | 0 | 0
60-89 Days |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 5,321 | 5,321 | 392
60-89 Days | Farm & Ranch |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 5,321 | 5,321 | 392
60-89 Days | Corporate AgFinance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 0 | 0 | 0
60-89 Days | Agricultural Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 5,321 | 5,321 | 392
60-89 Days | Rural Infrastructure Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 0 | 0 | 0
90 Days and Greater |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 6,739 | 6,739 | 1,140
90 Days and Greater | Farm & Ranch |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 6,739 | 6,739 | 1,140
90 Days and Greater | Corporate AgFinance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 0 | 0 | 0
90 Days and Greater | Agricultural Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | 6,739 | 6,739 | 1,140
90 Days and Greater | Rural Infrastructure Finance |  |  |
Financing Receivable, Recorded Investment, Past Due [Line Items] |  |  |
Loans held for investment, at amortized cost | $ 0 | $ 0 | $ 0

X
- Definition Amortized cost excluding accrued interest, before allowance for credit loss, of financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479344/326-20-45-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3B -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-3B Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-5 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amortized cost excluding accrued interest, before allowance for credit loss, fee, and loan in process, of financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481598/310-20-45-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(7)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amortized cost excluding accrued interest, of financing receivable on nonaccrual status. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-16 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestNonaccrual
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amortized cost excluding accrued interest, of financing receivable on nonaccrual status with no allowance for credit loss. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-16 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of interest income on financing receivable on nonaccrual status. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-16 + Details
Name: | us-gaap_FinancingReceivableNonaccrualInterestIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
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 Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-14 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 80 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479294/326-20-55-80 + Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentPastDueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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

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

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

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

X
- Details
Name: | us-gaap_FinancingReceivablesPeriodPastDueAxis=us-gaap_FinancialAssetNotPastDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablesPeriodPastDueAxis=us-gaap_FinancialAssetPastDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablesPeriodPastDueAxis=us-gaap_FinancingReceivables30To59DaysPastDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablesPeriodPastDueAxis=us-gaap_FinancingReceivables60To89DaysPastDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablesPeriodPastDueAxis=us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |