XML 82 R71.htm IDEA: XBRL DOCUMENT v3.24.2.u1
FAIR VALUE DISCLOSURES - Quantitative Information (Details)
$ in Thousands
Jun. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
Farmer Mac Guaranteed Securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Available-for-sale, at fair value $ 5,399,151  
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 19,478 $ 19,082
Recurring    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Guarantee Asset 5,559 5,831
Recurring | Farmer Mac Guaranteed Securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Available-for-sale, at fair value 5,399,151 5,532,479
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 19,478 19,082
Recurring | Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Guarantee Asset 5,559 5,831
Recurring | Level 3 | Farmer Mac Guaranteed Securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Available-for-sale, at fair value 5,399,151 5,532,479
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 19,478 19,082
Farmer Mac Guaranteed Securities | Farmer Mac Guaranteed Securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Available-for-sale, at fair value 9,300 9,800
USDA Securities: | Recurring    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Trading 1,026 1,241
USDA Securities: | Recurring | Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Trading 1,026 1,241
AgVantage Securities | Recurring | Farmer Mac Guaranteed Securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Available-for-sale, at fair value 5,389,841 5,522,712
AgVantage Securities | Recurring | Level 3 | Farmer Mac Guaranteed Securities    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Available-for-sale, at fair value 5,389,841 5,522,712
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 9,310 9,767
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 9,310 9,767
USDA Securities | USDA Securities: | Recurring    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Trading 1,026 1,241
USDA Securities | USDA Securities: | Recurring | Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Trading $ 1,026 $ 1,241
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 0.970
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 0.970
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 0.970
Discount rate | Discounted cash flow | Recurring | Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Guarantee asset, measurement input 0.076  
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 0.076  
Discount rate | Minimum | Discounted cash flow | Recurring | Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Guarantee asset, measurement input   0.083
Discount rate | Minimum | AgVantage Securities | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment securities, measurement input 0.051 0.047
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   0.083
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 0.059 0.054
Discount rate | Maximum | AgVantage Securities | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment securities, measurement input 0.060 0.054
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 0.060 0.054
Discount rate | Weighted Average | AgVantage Securities | Farmer Mac Guaranteed Securities | Discounted cash flow | Recurring | Level 3    
Fair Value Measurement Inputs and Valuation Techniques [Line Items]    
Investment securities, measurement input 0.054 0.050
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 0.059 0.054
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 0.12 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 0.12 0.12