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FAIR VALUE DISCLOSURES - Quantitative Information (Details) $ in Thousands | Mar. 31, 2024 USD ($) | Dec. 31, 2023 USD ($)
--- | --- | ---
Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | $ 5,466,688 |
Floating interest rate | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 19,281 | $ 19,082
Recurring |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Guarantee Asset | 5,733 | 5,831
Recurring | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 5,466,688 | 5,532,479
Recurring | Floating interest rate | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 19,281 | 19,082
Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Guarantee Asset | 5,733 | 5,831
Recurring | Level 3 | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 5,466,688 | 5,532,479
Recurring | Level 3 | Floating interest rate | Floating rate auction-rate certificates backed by Government guaranteed student loans |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 19,281 | 19,082
Farmer Mac Guaranteed Securities | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 9,500 | 9,800
USDA Securities: | Recurring |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Trading | 1,066 | 1,241
USDA Securities: | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Trading | 1,066 | 1,241
AgVantage Securities | Recurring | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 5,457,197 | 5,522,712
AgVantage Securities | Recurring | Level 3 | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 5,457,197 | 5,522,712
Farmer Mac Guaranteed USDA Securities | Recurring | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 9,491 | 9,767
Farmer Mac Guaranteed USDA Securities | Recurring | Level 3 | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 9,491 | 9,767
USDA Securities | USDA Securities: | Recurring |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Trading | 1,066 | 1,241
USDA Securities | USDA Securities: | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Trading | $ 1,066 | $ 1,241
Range of broker quotes | Minimum | Floating rate auction-rate certificates backed by Government guaranteed student loans | Indicative bids | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input | 0.980 | 0.970
Range of broker quotes | Maximum | Floating rate auction-rate certificates backed by Government guaranteed student loans | Indicative bids | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input | 0.980 | 0.970
Range of broker quotes | Weighted Average | Floating rate auction-rate certificates backed by Government guaranteed student loans | Indicative bids | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input | 0.980 | 0.970
Discount rate | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Guarantee asset, measurement input | 0.080 |
Discount rate | Farmer Mac Guaranteed USDA Securities | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input | 0.080 |
Discount rate | Minimum | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Guarantee asset, measurement input |  | 0.083
Discount rate | Minimum | AgVantage Securities | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input | 0.050 | 0.047
Discount rate | Minimum | Farmer Mac Guaranteed USDA Securities | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input |  | 0.083
Discount rate | Minimum | USDA Securities | USDA Securities: | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
USDA securities, measurement input | 0.057 | 0.054
Discount rate | Maximum | AgVantage Securities | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input | 0.058 | 0.054
Discount rate | Maximum | USDA Securities | USDA Securities: | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
USDA securities, measurement input | 0.058 | 0.054
Discount rate | Weighted Average | AgVantage Securities | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input | 0.053 | 0.050
Discount rate | Weighted Average | USDA Securities | USDA Securities: | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
USDA securities, measurement input | 0.057 | 0.054
CPR | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Guarantee asset, measurement input | 0.03 | 0.03
CPR | Farmer Mac Guaranteed USDA Securities | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input | 0.03 | 0.03
CPR | Minimum | USDA Securities | USDA Securities: | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
USDA securities, measurement input | 0.12 | 0.12
CPR | Maximum | USDA Securities | USDA Securities: | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
USDA securities, measurement input | 0.12 | 0.12
CPR | Weighted Average | USDA Securities | USDA Securities: | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
USDA securities, measurement input | 0.12 | 0.12

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