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v3.21.2

Fair Value Disclosures - Unobservable Input Reconciliation (Details) - Level 3 - Recurring - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2021 | Jun. 30, 2020
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | $ 6,787,933 | $ 7,612,315 | $ 6,973,567 | $ 7,170,850
Purchases | 417,500 | 351,896 | 578,115 | 835,476
Sales | 0 | 0 | 0 | 0
Settlements | (310,870) | (85,863) | (555,805) | (313,729)
Allowance for Losses | (90) | (84) | 67 | (272)
Realized and unrealized gains/(losses) included in Income | 49,878 | 9,030 | (118,878) | 299,515
Unrealized gains/(losses) included in Other Comprehensive Income | (42,648) | 37,162 | 24,637 | (67,384)
Ending Balance | 6,901,703 | 7,924,456 | 6,901,703 | 7,924,456
Floating rate auction-rate certificates backed by Government guaranteed student loans | Floating Interest Rate |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance |  |  | 19,171 |
Ending Balance | 19,248 |  | 19,248 |
Floating rate auction-rate certificates backed by Government guaranteed student loans | Floating Interest Rate | Available-for-Sale Securities |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 19,146 | 16,721 | 19,171 | 18,912
Purchases | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Settlements | 0 | 0 | 0 | 0
Allowance for Losses | 3 | (15) | (22) | (38)
Realized and unrealized gains/(losses) included in Income | 0 | 0 | 0 | 0
Unrealized gains/(losses) included in Other Comprehensive Income | 99 | 1,577 | 99 | (591)
Ending Balance | 19,248 | 18,283 | 19,248 | 18,283
Available-for-sale securities | Available-for-Sale Securities |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 19,146 | 16,721 | 19,171 | 18,912
Purchases | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Settlements | 0 | 0 | 0 | 0
Allowance for Losses | 3 | (15) | (22) | (38)
Realized and unrealized gains/(losses) included in Income | 0 | 0 | 0 | 0
Unrealized gains/(losses) included in Other Comprehensive Income | 99 | 1,577 | 99 | (591)
Ending Balance | 19,248 | 18,283 | 19,248 | 18,283
Farmer Mac Guaranteed Securities | AgVantage Securities |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance |  |  | 6,947,701 |
Ending Balance | 6,877,405 |  | 6,877,405 |
Farmer Mac Guaranteed Securities | Available-for-Sale Securities |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 6,763,209 | 7,587,186 | 6,947,701 | 7,143,025
Purchases | 417,500 | 351,896 | 578,115 | 835,476
Sales | 0 | 0 | 0 | 0
Settlements | (310,403) | (85,261) | (554,235) | (312,516)
Allowance for Losses | (93) | (69) | 89 | (234)
Realized and unrealized gains/(losses) included in Income | 49,939 | 9,050 | (118,803) | 299,429
Unrealized gains/(losses) included in Other Comprehensive Income | (42,747) | 35,585 | 24,538 | (66,793)
Ending Balance | 6,877,405 | 7,898,387 | 6,877,405 | 7,898,387
Farmer Mac Guaranteed Securities | Available-for-Sale Securities | AgVantage Securities |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 6,763,209 | 7,587,186 | 6,947,701 | 7,143,025
Purchases | 417,500 | 351,896 | 578,115 | 835,476
Sales | 0 | 0 | 0 | 0
Settlements | (310,403) | (85,261) | (554,235) | (312,516)
Allowance for Losses | (93) | (69) | 89 | (234)
Realized and unrealized gains/(losses) included in Income | 49,939 | 9,050 | (118,803) | 299,429
Unrealized gains/(losses) included in Other Comprehensive Income | (42,747) | 35,585 | 24,538 | (66,793)
Ending Balance | 6,877,405 | 7,898,387 | 6,877,405 | 7,898,387
USDA Securities: |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 5,578 | 8,408 | 6,695 | 8,913
Purchases | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Settlements | (467) | (602) | (1,570) | (1,213)
Allowance for Losses |  |  |  |
Realized and unrealized gains/(losses) included in Income | (61) | (20) | (75) | 86
Unrealized gains/(losses) included in Other Comprehensive Income | 0 | 0 | 0 | 0
Ending Balance | 5,050 | 7,786 | 5,050 | 7,786
USDA Securities: | Trading |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 5,578 | 8,408 | 6,695 | 8,913
Purchases | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Settlements | (467) | (602) | (1,570) | (1,213)
Allowance for Losses | 0 | 0 | 0 | 0
Realized and unrealized gains/(losses) included in Income | (61) | (20) | (75) | 86
Unrealized gains/(losses) included in Other Comprehensive Income | 0 | 0 | 0 | 0
Ending Balance | $ 5,050 | $ 7,786 | $ 5,050 | $ 7,786

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