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Fair Value Disclosures - Summary of Carrying Value and Fair Value (Details) - USD ($) $ in Thousands | Mar. 31, 2021 | Dec. 31, 2020
--- | --- | ---
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Financial derivatives | $ 13,453 | $ 16,123
Guarantee and commitment fees receivable | 35,878 | 37,113
Financial derivatives | 169,814 | 182,371
Guarantee and commitment obligation | 34,403 | 35,535
Fair Value |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Cash and cash equivalents | 1,012,541 | 1,033,941
Loans | 9,178,052 | 9,167,525
Financial derivatives | 18,370 | 17,468
Guarantee and commitment fees receivable | 34,114 | 34,115
Notes payable | 21,678,738 | 22,130,263
Debt securities of consolidated trusts held by third parties | 1,264,293 | 1,390,330
Financial derivatives | 28,345 | 29,892
Guarantee and commitment obligation | 32,639 | 32,537
Fair Value | Investment securities: |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | 3,856,619 | 3,899,925
Fair Value | Farmer Mac Guaranteed Securities |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | 7,937,251 | 8,148,691
Fair Value | USDA Securities: |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | 2,624,456 | 2,637,509
Carrying Amount |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Cash and cash equivalents | 1,012,541 | 1,033,941
Loans | 8,501,630 | 8,535,146
Financial derivatives | 18,370 | 17,468
Guarantee and commitment fees receivable | 35,878 | 37,113
Notes payable | 21,560,310 | 21,848,917
Debt securities of consolidated trusts held by third parties | 1,188,521 | 1,323,786
Financial derivatives | 28,345 | 29,892
Guarantee and commitment obligation | 34,403 | 35,535
Carrying Amount | Investment securities: |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | 3,855,067 | 3,898,724
Carrying Amount | Farmer Mac Guaranteed Securities |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | 7,922,001 | 8,123,493
Carrying Amount | USDA Securities: |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Marketable securities | $ 2,495,078 | $ 2,480,321

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