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v3.22.2

Fair Value Disclosures - Unobservable Input Reconciliation (Details) - Level 3 - Recurring - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | $ 6,628,731 | $ 6,787,933 | $ 6,358,451 | $ 6,973,567
Purchases | 520,000 | 417,500 | 1,352,750 | 578,115
Sales | 0 | 0 | 0 | 0
Settlements | (515,028) | (310,870) | (811,898) | (555,805)
Allowance for Losses | 85 | (90) | (331) | 67
Realized and unrealized (losses)/gains included in Income | (149,490) | 49,878 | (359,984) | (118,878)
Unrealized gains/(losses) included in Other Comprehensive Income | (7,114) | (42,648) | (61,804) | 24,637
Ending Balance | 6,477,184 | 6,901,703 | 6,477,184 | 6,901,703
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 |  |  | 19,254 |
Ending Balance | 19,061 |  | 19,061 |
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 | 18,961 | 19,146 | 19,254 | 19,171
Purchases | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Settlements | 0 | 0 | 0 | 0
Allowance for Losses | 1 | 3 | 3 | (22)
Realized and unrealized (losses)/gains included in Income | 0 | 0 | 0 | 0
Unrealized gains/(losses) included in Other Comprehensive Income | 99 | 99 | (196) | 99
Ending Balance | 19,061 | 19,248 | 19,061 | 19,248
Available-for-sale securities | Available-for-Sale Securities |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 18,961 | 19,146 | 19,254 | 19,171
Purchases | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Settlements | 0 | 0 | 0 | 0
Allowance for Losses | 1 | 3 | 3 | (22)
Realized and unrealized (losses)/gains included in Income | 0 | 0 | 0 | 0
Unrealized gains/(losses) included in Other Comprehensive Income | 99 | 99 | (196) | 99
Ending Balance | 19,061 | 19,248 | 19,061 | 19,248
Farmer Mac Guaranteed Securities | AgVantage Securities |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance |  |  | 6,316,145 |
Ending Balance | 6,440,396 |  | 6,440,396 |
Farmer Mac Guaranteed Securities | Available-for-Sale Securities |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 6,600,246 | 6,763,209 | 6,328,559 | 6,947,701
Purchases | 520,000 | 417,500 | 1,352,750 | 578,115
Sales | 0 | 0 | 0 | 0
Settlements | (513,700) | (310,403) | (809,363) | (554,235)
Allowance for Losses | 84 | (93) | (334) | 89
Realized and unrealized (losses)/gains included in Income | (149,205) | 49,939 | (359,792) | (118,803)
Unrealized gains/(losses) included in Other Comprehensive Income | (7,213) | (42,747) | (61,608) | 24,538
Ending Balance | 6,450,212 | 6,877,405 | 6,450,212 | 6,877,405
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 | 6,589,224 | 6,763,209 | 6,316,145 | 6,947,701
Purchases | 520,000 | 417,500 | 1,352,750 | 578,115
Sales | 0 | 0 | 0 | 0
Settlements | (513,342) | (310,403) | (808,626) | (554,235)
Allowance for Losses | 84 | (93) | (334) | 89
Realized and unrealized (losses)/gains included in Income | (149,205) | 49,939 | (359,792) | (118,803)
Unrealized gains/(losses) included in Other Comprehensive Income | (6,365) | (42,747) | (59,747) | 24,538
Ending Balance | 6,440,396 | 6,877,405 | 6,440,396 | 6,877,405
Farmer Mac Guaranteed Securities | Available-for-Sale Securities | Farmer Mac Guaranteed USDA Securities |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 11,022 |  | 12,414 |
Purchases | 0 |  | 0 |
Sales | 0 |  | 0 |
Settlements | (358) |  | (737) |
Allowance for Losses | 0 |  | 0 |
Realized and unrealized (losses)/gains included in Income | 0 |  | 0 |
Unrealized gains/(losses) included in Other Comprehensive Income | (848) |  | (1,861) |
Ending Balance | 9,816 |  | 9,816 |
USDA Securities: |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 3,386 | 5,578 | 4,401 | 6,695
Purchases | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Settlements | (1,140) | (467) | (2,092) | (1,570)
Allowance for Losses |  |  |  |
Realized and unrealized (losses)/gains included in Income | 29 | (61) | (34) | (75)
Unrealized gains/(losses) included in Other Comprehensive Income | 0 | 0 | 0 | 0
Ending Balance | 2,275 | 5,050 | 2,275 | 5,050
USDA Securities: | Debt Securities, Trading |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 3,386 | 5,578 | 4,401 | 6,695
Purchases | 0 | 0 | 0 | 0
Sales | 0 | 0 | 0 | 0
Settlements | (1,140) | (467) | (2,092) | (1,570)
Allowance for Losses | 0 | 0 | 0 | 0
Realized and unrealized (losses)/gains included in Income | 29 | (61) | (34) | (75)
Unrealized gains/(losses) included in Other Comprehensive Income | 0 | 0 | 0 | 0
Ending Balance | 2,275 | $ 5,050 | 2,275 | $ 5,050
Guarantee and commitment obligations: |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 6,138 |  | 6,237 |
Purchases | 0 |  | 0 |
Sales | 0 |  | 0 |
Settlements | (188) |  | (443) |
Allowance for Losses | 0 |  | 0 |
Realized and unrealized (losses)/gains included in Income | (314) |  | (158) |
Unrealized gains/(losses) included in Other Comprehensive Income | 0 |  | 0 |
Ending Balance | 5,636 |  | 5,636 |
Guarantee and commitment obligations: | Guarantee Asset |  |  |  |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] |  |  |  |
Beginning Balance | 6,138 |  | 6,237 |
Purchases | 0 |  | 0 |
Sales | 0 |  | 0 |
Settlements | (188) |  | (443) |
Allowance for Losses | 0 |  | 0 |
Realized and unrealized (losses)/gains included in Income | (314) |  | (158) |
Unrealized gains/(losses) included in Other Comprehensive Income | 0 |  | 0 |
Ending Balance | $ 5,636 |  | $ 5,636 |

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