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Fair Value Disclosures - Summary of Carrying Value and Fair Value (Details) - USD ($) $ in Thousands | Sep. 30, 2021 | Dec. 31, 2020
--- | --- | ---
Financial assets: |  |
Financial derivatives | $ 13,470 | $ 16,123
Guarantee and commitment fees receivable | 39,038 | 37,113
Financial liabilities: |  |
Financial derivatives | 149,556 | 182,371
Guarantee and commitment obligation | 37,526 | 35,535
Fair Value |  |
Financial assets: |  |
Cash and cash equivalents | 899,052 | 1,033,941
Loans | 9,526,315 | 9,167,525
Financial derivatives | 15,668 | 17,468
Guarantee and commitment fees receivable | 36,643 | 34,115
Financial liabilities: |  |
Notes payable | 22,448,508 | 22,130,263
Debt securities of consolidated trusts held by third parties | 1,039,150 | 1,390,330
Financial derivatives | 25,633 | 29,892
Guarantee and commitment obligation | 35,131 | 32,537
Fair Value | Investment securities: |  |
Financial assets: |  |
Marketable securities | 3,742,635 | 3,899,925
Fair Value | Farmer Mac Guaranteed Securities |  |
Financial assets: |  |
Marketable securities | 8,393,490 | 8,148,691
Fair Value | USDA Securities: |  |
Financial assets: |  |
Marketable securities | 2,548,207 | 2,637,509
Carrying Amount |  |
Financial assets: |  |
Cash and cash equivalents | 899,052 | 1,033,941
Loans | 9,022,915 | 8,535,146
Financial derivatives | 15,668 | 17,468
Guarantee and commitment fees receivable | 39,038 | 37,113
Financial liabilities: |  |
Notes payable | 22,365,121 | 21,848,917
Debt securities of consolidated trusts held by third parties | 990,961 | 1,323,786
Financial derivatives | 25,633 | 29,892
Guarantee and commitment obligation | 37,526 | 35,535
Carrying Amount | Investment securities: |  |
Financial assets: |  |
Marketable securities | 3,741,639 | 3,898,724
Carrying Amount | Farmer Mac Guaranteed Securities |  |
Financial assets: |  |
Marketable securities | 8,387,062 | 8,123,493
Carrying Amount | USDA Securities: |  |
Financial assets: |  |
Marketable securities | $ 2,462,010 | $ 2,480,321

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