XML 78 R68.htm IDEA: XBRL DOCUMENT 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