XML 83 R70.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Disclosures - Quantitative Information (Details) - Recurring - Level 3
$ in Thousands
Jun. 30, 2021
USD ($)
Mar. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
Fair Value $ 6,901,703 $ 6,787,933 $ 6,973,567 $ 7,924,456 $ 7,612,315 $ 7,170,850
Floating rate auction-rate certificates backed by Government guaranteed student loans | Floating Interest Rate            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
Fair Value 19,248   19,171      
USDA Securities:            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
Fair Value 5,050 $ 5,578 6,695 $ 7,786 $ 8,408 $ 8,913
AgVantage Securities | Farmer Mac Guaranteed Securities            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
Fair Value $ 6,877,405   $ 6,947,701      
Range of broker quotes | Minimum | Floating rate auction-rate certificates backed by Government guaranteed student loans | Indicative bids            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
Investment securities, measurement input 0.980   0.975      
Range of broker quotes | Maximum | Floating rate auction-rate certificates backed by Government guaranteed student loans | Indicative bids            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
Investment securities, measurement input 0.980   0.975      
Range of broker quotes | Weighted Average | Floating rate auction-rate certificates backed by Government guaranteed student loans | Indicative bids            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
Investment securities, measurement input 0.980   0.975      
Discount rate | Minimum | AgVantage Securities | Farmer Mac Guaranteed Securities | Discounted cash flow            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
Investment securities, measurement input 0.008   0.008      
Discount rate | Minimum | USDA Guarantees | USDA Securities: | Discounted cash flow            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
USDA securities, measurement input 0.020   0.009      
Discount rate | Maximum | AgVantage Securities | Farmer Mac Guaranteed Securities | Discounted cash flow            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
Investment securities, measurement input 0.039   0.023      
Discount rate | Maximum | USDA Guarantees | USDA Securities: | Discounted cash flow            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
USDA securities, measurement input 0.023   0.019      
Discount rate | Weighted Average | AgVantage Securities | Farmer Mac Guaranteed Securities | Discounted cash flow            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
Investment securities, measurement input 0.015   0.013      
Discount rate | Weighted Average | USDA Guarantees | USDA Securities: | Discounted cash flow            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
USDA securities, measurement input 0.022   0.014      
CPR | Minimum | USDA Guarantees | USDA Securities: | Discounted cash flow            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
USDA securities, measurement input 0.25   0.25      
CPR | Maximum | USDA Guarantees | USDA Securities: | Discounted cash flow            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
USDA securities, measurement input 0.45   0.49      
CPR | Weighted Average | USDA Guarantees | USDA Securities: | Discounted cash flow            
Fair Value Measurement Inputs and Valuation Techniques [Line Items]            
USDA securities, measurement input 0.35   0.44