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Fair Value Disclosures - Summary of Carrying Value and Fair Value (Details) - USD ($) $ in Thousands | Sep. 30, 2020 | Dec. 31, 2019
--- | --- | ---
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Financial derivatives | $ 12,237 | $ 7,834
Guarantee and commitment fees receivable | 36,664 | 38,442
Financial derivatives | 188,289 | 105,087
Guarantee and commitment obligation | 35,140 | 36,700
Fair Value |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Cash and cash equivalents | 910,592 | 604,381
Loans | 8,450,522 | 7,317,091
Financial derivatives | 12,837 | 10,519
Guarantee and commitment fees receivable | 34,801 | 36,732
Notes payable | 21,893,043 | 19,234,079
Debt securities of consolidated trusts held by third parties | 1,337,741 | 1,663,177
Financial derivatives | 37,357 | 27,042
Guarantee and commitment obligation | 33,278 | 34,990
Fair Value | Investment securities |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | 3,578,375 | 3,005,828
Fair Value | Farmer Mac Guaranteed Securities |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | 8,739,103 | 8,606,451
Fair Value | USDA Securities: |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | 2,522,001 | 2,294,671
Carrying Amount |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Cash and cash equivalents | 910,592 | 604,381
Loans | 8,105,647 | 6,981,440
Financial derivatives | 12,837 | 10,519
Guarantee and commitment fees receivable | 36,664 | 38,442
Notes payable | 21,589,285 | 19,098,648
Debt securities of consolidated trusts held by third parties | 1,292,416 | 1,616,504
Financial derivatives | 37,357 | 27,042
Guarantee and commitment obligation | 35,140 | 36,700
Carrying Amount | Investment securities |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | 3,577,222 | 3,004,875
Carrying Amount | Farmer Mac Guaranteed Securities |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | 8,712,208 | 8,590,476
Carrying Amount | USDA Securities: |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | $ 2,417,678 | $ 2,241,073

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- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References No definition available. + Details
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