RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2023

Related Party Transactions [Abstract]

Schedule of Related Party Transactions

The following transactions occurred between Farmer Mac and Zions during 2023, 2022, and 2021:

Table 3.1

	For the Years Ended December 31,
	2023		2022		2021
	(in thousands)
Unpaid Principal Balance:
Purchases:
Loans	$	160,079	$	274,517	$	214,319
USDA Securities	231		4,171		9,565
Sales of Farmer Mac Guaranteed Securities	—		99,643		—

The following transactions occurred between Farmer Mac and CFC during 2023, 2022, and 2021:

Table 3.2

Farmer Mac Loan Purchases and Guarantees
	For the Years Ended December 31,
	2023		2022		2021
	(in thousands)
Unpaid Principal Balance:
Loans	$	298,254	$	386,998	$	127,117
LTSPCs	—		30,421		—
AgVantage Securities	1,450,000		670,000		1,450,000
Total purchases and guarantees	$	1,748,254	$	1,087,419	$	1,577,117