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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Consolidation of Variable Interest Entities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost $ 11,183,408 $ 9,623,119
Debt securities of consolidated trusts held by third parties 27,520,173 26,586,959
Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value 5,514,546 5,532,479
Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 5,953,014 4,918,931
Agricultural Finance    
Variable Interest Entity [Line Items]    
Borrower remittances 4,700 6,000
Unamortized discount 113,200 87,100
Consolidated VIE | On-balance sheet    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 2,038,283 1,432,261
Debt securities of consolidated trusts held by third parties 1,929,628 1,351,069
Consolidated VIE | On-balance sheet | Agricultural Finance    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost   1,432,261
Debt securities of consolidated trusts held by third parties   1,351,069
Consolidated VIE | On-balance sheet | Treasury    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost   0
Debt securities of consolidated trusts held by third parties   0
Consolidated VIE | Operating Segments | On-balance sheet | Agricultural Finance    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 2,038,283  
Debt securities of consolidated trusts held by third parties 1,929,628  
Consolidated VIE | Corporate, non-segment | On-balance sheet    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 0  
Debt securities of consolidated trusts held by third parties 0  
Unconsolidated VIE | On-balance sheet | Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value 59,317 46,343
Maximum exposure to loss 58,985 45,952
Unconsolidated VIE | On-balance sheet | Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 4,212,258 3,676,555
Maximum exposure to loss 4,547,397 3,862,006
Unconsolidated VIE | On-balance sheet | Agricultural Finance | Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value   46,343
Maximum exposure to loss   45,952
Unconsolidated VIE | On-balance sheet | Agricultural Finance | Investment securities    
Variable Interest Entity [Line Items]    
Carrying value   0
Maximum exposure to loss   0
Unconsolidated VIE | On-balance sheet | Treasury | Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value   0
Maximum exposure to loss   0
Unconsolidated VIE | On-balance sheet | Treasury | Investment securities    
Variable Interest Entity [Line Items]    
Carrying value   3,676,555
Maximum exposure to loss   3,862,006
Unconsolidated VIE | Off-balance sheet    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 426,310 452,602
Unconsolidated VIE | Off-balance sheet | Agricultural Finance    
Variable Interest Entity [Line Items]    
Maximum exposure to loss   452,602
Unconsolidated VIE | Off-balance sheet | Treasury    
Variable Interest Entity [Line Items]    
Maximum exposure to loss   $ 0
Unconsolidated VIE | Operating Segments | On-balance sheet | Agricultural Finance | Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value 59,317  
Maximum exposure to loss 58,985  
Unconsolidated VIE | Operating Segments | On-balance sheet | Agricultural Finance | Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 0  
Maximum exposure to loss 0  
Unconsolidated VIE | Operating Segments | Off-balance sheet | Agricultural Finance    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 426,310  
Unconsolidated VIE | Corporate, non-segment | On-balance sheet | Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value 0  
Maximum exposure to loss 0  
Unconsolidated VIE | Corporate, non-segment | On-balance sheet | Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 4,212,258  
Maximum exposure to loss 4,547,397  
Unconsolidated VIE | Corporate, non-segment | Off-balance sheet    
Variable Interest Entity [Line Items]    
Maximum exposure to loss $ 0