XML 63 R52.htm IDEA: XBRL DOCUMENT
v3.25.2

LOANS - Schedule of Composition of Loan Balances (Details) - USD ($) $ in Thousands | Jun. 30, 2025 | Mar. 31, 2025 | Dec. 31, 2024 | Jun. 30, 2024 | Mar. 31, 2024 | Dec. 31, 2023
--- | --- | --- | --- | --- | --- | ---
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | $ 14,841,108 |  | $ 13,609,172 |  |  |
Allowance for losses | (29,956) |  | (23,223) |  |  |
Total loans, net of allowance | 14,479,983 |  | 13,204,638 |  |  |
Real Estate Loan |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 14,841,108 |  | 13,609,172 |  |  |
Unamortized premiums, discounts, fair value hedge basis adjustment, and other cost basis adjustments | (331,169) |  | (381,311) |  |  |
Total loans | 14,509,939 |  | 13,227,861 |  |  |
Allowance for losses | (29,956) |  | (23,223) |  |  |
Total loans, net of allowance | 14,479,983 |  | 13,204,638 |  |  |
Agricultural Finance |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 9,356,452 |  | 8,834,689 |  |  |
Allowance for losses | (13,578) | $ (11,369) | (10,511) | $ (8,690) | $ (7,104) | $ (6,884)
Agricultural Finance | Real Estate Loan |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 9,356,452 |  | 8,834,689 |  |  |
Allowance for losses | (13,578) |  | (10,511) |  |  |
Farm & Ranch |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 7,905,856 |  | 7,453,015 |  |  |
Allowance for losses | (6,635) | (5,071) | (5,132) | (4,676) | (4,535) | (3,936)
Farm & Ranch | Real Estate Loan |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 7,905,856 |  | 7,453,015 |  |  |
Allowance for losses | (6,635) |  | (5,132) |  |  |
Corporate AgFinance |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 1,450,596 |  | 1,381,674 |  |  |
Allowance for losses | (6,943) | (6,298) | (5,379) | (4,014) | (2,569) | (2,948)
Corporate AgFinance | Real Estate Loan |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 1,450,596 |  | 1,381,674 |  |  |
Allowance for losses | (6,943) |  | (5,379) |  |  |
Infrastructure Finance |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 5,484,656 |  | 4,774,483 |  |  |
Allowance for losses | (16,378) | $ (13,687) | (12,712) | $ (7,810) | $ (7,184) | $ (9,147)
Infrastructure Finance | Real Estate Loan |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 5,484,656 |  | 4,774,483 |  |  |
Allowance for losses | (16,378) |  | (12,712) |  |  |
Unsecuritized |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 12,565,854 |  | 11,570,889 |  |  |
Unamortized premiums, discounts, fair value hedge basis adjustment, and other cost basis adjustments | (331,169) |  | (381,311) |  |  |
Total loans | 12,234,685 |  | 11,189,578 |  |  |
Allowance for losses | (29,253) |  | (22,594) |  |  |
Total loans, net of allowance | 12,205,432 |  | 11,166,984 |  |  |
Unsecuritized | Agricultural Finance |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 7,081,198 |  | 6,796,406 |  |  |
Unsecuritized | Farm & Ranch |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 5,630,602 |  | 5,414,732 |  |  |
Unsecuritized | Corporate AgFinance |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 1,450,596 |  | 1,381,674 |  |  |
Unsecuritized | Infrastructure Finance |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 5,484,656 |  | 4,774,483 |  |  |
In Consolidated Trusts |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 2,275,254 |  | 2,038,283 |  |  |
Unamortized premiums, discounts, fair value hedge basis adjustment, and other cost basis adjustments | 0 |  | 0 |  |  |
Total loans | 2,275,254 |  | 2,038,283 |  |  |
Allowance for losses | (703) |  | (629) |  |  |
Total loans, net of allowance | 2,274,551 |  | 2,037,654 |  |  |
In Consolidated Trusts | Agricultural Finance |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 2,275,254 |  | 2,038,283 |  |  |
In Consolidated Trusts | Farm & Ranch |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 2,275,254 |  | 2,038,283 |  |  |
In Consolidated Trusts | Corporate AgFinance |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | 0 |  | 0 |  |  |
In Consolidated Trusts | Infrastructure Finance |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |
Total unpaid principal balance | $ 0 |  | $ 0 |  |  |

X
- Definition Financing Receivable, Excluding Accrued Interest, Before Allowance for Credit Loss And Loans Held-For-Sale Fair Value Disclosure + References No definition available. + Details
Name: | agm_FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossAndLoansHeldForSaleFairValueDisclosure
Namespace Prefix: | agm_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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 310 -SubTopic 20 -Name Accounting Standards Codification -Section 40 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481628/310-20-40-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481990/310-10-45-2 + Details
Name: | us-gaap_AccountsNotesAndLoansReceivableLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount excluding accrued interest, of allowance for credit loss on 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 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amortized cost excluding accrued interest, after 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 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
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/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/1943274/2147478546/942-210-S99-1 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of unamortized loan commitment, origination, and other costs (fees) and purchase premium (discount) on financing receivable recognized as adjustment to yield. Excludes financing receivable covered under loss sharing agreement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481598/310-20-45-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-4 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -SubTopic 20 -Topic 310 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481569/310-20-50-3 + Details
Name: | us-gaap_FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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

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

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

X
- Details
Name: | srt_ProductOrServiceAxis=agm_UnsecuritizedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=agm_InConsolidatedTrustsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |