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v3.20.1

Fair Value Disclosures - Fair Value Measurements, Recurring and Nonrecurring (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019
--- | --- | ---
Assets: |  |
Financial derivatives | $ 10,167 | $ 7,834
Liabilities: |  |
Financial derivatives | 171,609 | 105,087
Debt Securities |  |
Assets: |  |
Available-for-sale, at fair value | 2,961,157 | 2,959,843
Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 7,587,352 |
Fair Value, Measurements, Recurring |  |
Assets: |  |
Available-for-sale, at fair value | 2,961,157 |
Trading | 8,408 | 8,913
Financial derivatives | 12,692 | 10,519
Total Assets at fair value | 10,569,443 | 10,122,300
Liabilities: |  |
Financial derivatives | 53,795 | 27,042
Total Liabilities at fair value | 53,795 | 27,042
Fair Value, Measurements, Recurring | USDA Securities: |  |
Assets: |  |
Trading | 8,408 | 8,913
Fair Value, Measurements, Recurring | Debt Securities |  |
Assets: |  |
Available-for-sale, at fair value |  | 2,959,843
Fair Value, Measurements, Recurring | Level 1 |  |
Assets: |  |
Available-for-sale, at fair value | 1,155,599 |
Trading | 0 | 0
Financial derivatives | 0 | 0
Total Assets at fair value | 1,155,599 | 1,296,923
Liabilities: |  |
Financial derivatives | 114 | 51
Total Liabilities at fair value | 114 | 51
Fair Value, Measurements, Recurring | Level 1 | USDA Securities: |  |
Assets: |  |
Trading | 0 | 0
Fair Value, Measurements, Recurring | Level 1 | Debt Securities |  |
Assets: |  |
Available-for-sale, at fair value |  | 1,296,923
Fair Value, Measurements, Recurring | Level 2 |  |
Assets: |  |
Available-for-sale, at fair value | 1,788,837 |
Trading | 0 | 0
Financial derivatives | 12,692 | 10,519
Total Assets at fair value | 1,801,529 | 1,654,527
Liabilities: |  |
Financial derivatives | 53,681 | 26,991
Total Liabilities at fair value | 53,681 | 26,991
Fair Value, Measurements, Recurring | Level 2 | USDA Securities: |  |
Assets: |  |
Trading | 0 | 0
Fair Value, Measurements, Recurring | Level 2 | Debt Securities |  |
Assets: |  |
Available-for-sale, at fair value |  | 1,644,008
Fair Value, Measurements, Recurring | Level 3 |  |
Assets: |  |
Available-for-sale, at fair value | 16,721 |
Trading | 8,408 | 8,913
Financial derivatives | 0 | 0
Total Assets at fair value | 7,612,315 | 7,170,850
Liabilities: |  |
Financial derivatives | 0 | 0
Total Liabilities at fair value | 0 | 0
Fair Value, Measurements, Recurring | Level 3 | USDA Securities: |  |
Assets: |  |
Trading | 8,408 | 8,913
Fair Value, Measurements, Recurring | Level 3 | Debt Securities |  |
Assets: |  |
Available-for-sale, at fair value |  | 18,912
Institutional Credit | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 7,587,186 | 7,143,025
Institutional Credit | Fair Value, Measurements, Recurring | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 7,587,186 | 7,143,025
Institutional Credit | Fair Value, Measurements, Recurring | Level 1 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Institutional Credit | Fair Value, Measurements, Recurring | Level 2 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Institutional Credit | Fair Value, Measurements, Recurring | Level 3 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 7,587,186 | 7,143,025
USDA Guarantees | Fair Value, Measurements, Recurring | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 7,587,186 | 7,143,025
USDA Guarantees | Fair Value, Measurements, Recurring | Level 1 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
USDA Guarantees | Fair Value, Measurements, Recurring | Level 2 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
USDA Guarantees | Fair Value, Measurements, Recurring | Level 3 | Farmer Mac Guaranteed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 7,587,186 | 7,143,025
Floating Interest Rate | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Assets: |  |
Available-for-sale, at fair value | 16,721 | 18,912
Floating Interest Rate | Floating rate asset-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 10,503 | 11,085
Floating Interest Rate | Government/GSE Guaranteed Mortgage Backed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 1,777,999 | 1,632,583
Floating Interest Rate | Fair Value, Measurements, Recurring | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Assets: |  |
Available-for-sale, at fair value | 16,721 | 18,912
Floating Interest Rate | Fair Value, Measurements, Recurring | Floating rate asset-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 10,503 | 11,085
Floating Interest Rate | Fair Value, Measurements, Recurring | Government/GSE Guaranteed Mortgage Backed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 1,777,999 | 1,632,583
Floating Interest Rate | Fair Value, Measurements, Recurring | Level 1 | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Floating Interest Rate | Fair Value, Measurements, Recurring | Level 1 | Floating rate asset-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Floating Interest Rate | Fair Value, Measurements, Recurring | Level 1 | Government/GSE Guaranteed Mortgage Backed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Floating Interest Rate | Fair Value, Measurements, Recurring | Level 2 | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Floating Interest Rate | Fair Value, Measurements, Recurring | Level 2 | Floating rate asset-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 10,503 | 11,085
Floating Interest Rate | Fair Value, Measurements, Recurring | Level 2 | Government/GSE Guaranteed Mortgage Backed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 1,777,999 | 1,632,583
Floating Interest Rate | Fair Value, Measurements, Recurring | Level 3 | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Assets: |  |
Available-for-sale, at fair value | 16,721 | 18,912
Floating Interest Rate | Fair Value, Measurements, Recurring | Level 3 | Floating rate asset-backed securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Floating Interest Rate | Fair Value, Measurements, Recurring | Level 3 | Government/GSE Guaranteed Mortgage Backed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Fixed Interest Rate | Government/GSE Guaranteed Mortgage Backed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 335 | 340
Fixed Interest Rate | Fixed rate U.S. Treasuries |  |
Assets: |  |
Available-for-sale, at fair value | 1,155,599 | 1,296,923
Fixed Interest Rate | Fair Value, Measurements, Recurring | Government/GSE Guaranteed Mortgage Backed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 335 | 340
Fixed Interest Rate | Fair Value, Measurements, Recurring | Fixed rate U.S. Treasuries |  |
Assets: |  |
Available-for-sale, at fair value | 1,155,599 | 1,296,923
Fixed Interest Rate | Fair Value, Measurements, Recurring | Level 1 | Government/GSE Guaranteed Mortgage Backed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Fixed Interest Rate | Fair Value, Measurements, Recurring | Level 1 | Fixed rate U.S. Treasuries |  |
Assets: |  |
Available-for-sale, at fair value | 1,155,599 | 1,296,923
Fixed Interest Rate | Fair Value, Measurements, Recurring | Level 2 | Government/GSE Guaranteed Mortgage Backed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 335 | 340
Fixed Interest Rate | Fair Value, Measurements, Recurring | Level 2 | Fixed rate U.S. Treasuries |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Fixed Interest Rate | Fair Value, Measurements, Recurring | Level 3 | Government/GSE Guaranteed Mortgage Backed Securities |  |
Assets: |  |
Available-for-sale, at fair value | 0 | 0
Fixed Interest Rate | Fair Value, Measurements, Recurring | Level 3 | Fixed rate U.S. Treasuries |  |
Assets: |  |
Available-for-sale, at fair value | $ 0 | $ 0

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