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v3.25.2

FAIR VALUE DISCLOSURES - Quantitative Information (Details) $ in Thousands | Jun. 30, 2025 USD ($) | Dec. 31, 2024 USD ($)
--- | --- | ---
Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | $ 5,731,503 |
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 | 19,475 | $ 19,476
Recurring |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Guarantee Asset | 5,141 | 5,382
Recurring | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 5,731,503 | 5,514,546
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 | 19,475 | 19,476
Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Guarantee Asset | 5,141 | 5,382
Recurring | Level 3 | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 5,731,503 | 5,514,546
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 | 19,475 | 19,476
Farmer Mac Guaranteed Securities | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 8,600 | 9,000
USDA Securities | Recurring |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Trading | 560 | 818
USDA Securities | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Trading | 560 | 818
AgVantage | Recurring | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 5,722,890 | 5,505,531
AgVantage | Recurring | Level 3 | Farmer Mac Guaranteed Securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Available-for-sale, at fair value | 5,722,890 | 5,505,531
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 | 8,613 | 9,015
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 | 8,613 | 9,015
USDA Securities | USDA Securities | Recurring |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Trading | 560 | 818
USDA Securities | USDA Securities | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Trading | $ 560 | $ 818
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 | 0.990 | 0.990
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 | 0.990 | 0.990
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 | 0.990 | 0.990
Discount rate | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Guarantee asset, measurement input | 0.081 |
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 | 0.081 |
Discount rate | Minimum | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Guarantee asset, measurement input |  | 0.079
Discount rate | Minimum | AgVantage | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input | 0.046 | 0.050
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 |  | 0.079
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 | 0.049 | 0.053
Discount rate | Maximum | AgVantage | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input | 0.052 | 0.055
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 | 0.050 | 0.054
Discount rate | Weighted Average | AgVantage | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3 |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investment securities, measurement input | 0.047 | 0.051
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 | 0.049 | 0.053
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 | 0.10 | 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 | 0.11 | 0.12

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