XML 42 R31.htm IDEA: XBRL DOCUMENT v3.21.2
Summary of Significant Accounting Policies - Consolidation of Variable Interest Entities (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost $ 7,758,286 $ 7,261,933
Debt securities of consolidated trusts held by third parties 22,350,985 21,795,677
Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Fair Value 6,138,759 6,947,701
Investment securities:    
Variable Interest Entity [Line Items]    
Fair Value 3,696,204 3,853,692
Unamortized Premium/(Discount) 0 0
On-Balance Sheet: | Consolidated VIE    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 977,372 1,287,045
Debt securities of consolidated trusts held by third parties 990,961 1,323,786
On-Balance Sheet: | Farmer Mac Guaranteed Securities | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Fair Value 28,265 34,537
Maximum exposure to loss 28,227 34,456
On-Balance Sheet: | Investment securities: | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Fair Value 2,030,155 1,918,672
Maximum exposure to loss 2,019,108 1,909,535
Off-Balance Sheet: | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 320,242 378,610
Farm & Ranch    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 6,777,749 6,176,438
Borrower remittances 13,600 36,700
USDA Guarantees    
Variable Interest Entity [Line Items]    
Unamortized Premium/(Discount)   100
Operating Segments | Farm & Ranch | On-Balance Sheet: | Consolidated VIE    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 977,372 1,287,045
Debt securities of consolidated trusts held by third parties 990,961 1,323,786
Operating Segments | Farm & Ranch | On-Balance Sheet: | Farmer Mac Guaranteed Securities | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Fair Value 0 0
Maximum exposure to loss 0 0
Operating Segments | Farm & Ranch | On-Balance Sheet: | Investment securities: | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Fair Value 0 0
Maximum exposure to loss 0 0
Operating Segments | Farm & Ranch | Off-Balance Sheet: | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 60,349 79,312
Operating Segments | USDA Guarantees | On-Balance Sheet: | Consolidated VIE    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 0 0
Debt securities of consolidated trusts held by third parties 0 0
Operating Segments | USDA Guarantees | On-Balance Sheet: | Farmer Mac Guaranteed Securities | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Fair Value 28,265 34,537
Maximum exposure to loss 28,227 34,456
Operating Segments | USDA Guarantees | On-Balance Sheet: | Investment securities: | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Fair Value 0 0
Maximum exposure to loss 0 0
Operating Segments | USDA Guarantees | Off-Balance Sheet: | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 259,893 299,298
Corporate | On-Balance Sheet: | Consolidated VIE    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 0 0
Debt securities of consolidated trusts held by third parties 0 0
Corporate | On-Balance Sheet: | Farmer Mac Guaranteed Securities | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Fair Value 0 0
Maximum exposure to loss 0 0
Corporate | On-Balance Sheet: | Investment securities: | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Fair Value 2,030,155 1,918,672
Maximum exposure to loss 2,019,108 1,909,535
Corporate | Off-Balance Sheet: | Unconsolidated VIE    
Variable Interest Entity [Line Items]    
Maximum exposure to loss $ 0 $ 0