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FAIR VALUE DISCLOSURES - Summary of Carrying Value and Fair Value (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Financial assets:        
Financial derivatives $ 27,789 $ 37,478    
Guarantee and commitment fees receivable 50,499 49,832    
Financial liabilities:        
Financial derivatives 77,326 117,131    
Guarantee and commitment obligation 48,326 47,563 $ 46,582 $ 43,926
Fair Value        
Financial assets:        
Cash and cash equivalents 1,024,007 888,707    
Loans 12,924,604 10,426,021    
Financial derivatives 27,789 37,478    
Guarantee and commitment fees receivable 57,562 58,465    
Financial liabilities:        
Notes payable 26,759,873 25,670,971    
Debt securities of consolidated trusts held by third parties 1,910,302 1,268,563    
Financial derivatives 77,326 117,131    
Guarantee and commitment obligation 55,388 56,195    
Fair Value | Investment securities        
Financial assets:        
Marketable securities 5,973,571 4,981,249    
Fair Value | Farmer Mac Guaranteed Securities        
Financial assets:        
Marketable securities 8,215,646 9,710,074    
Fair Value | USDA Securities        
Financial assets:        
Marketable securities 2,113,342 2,036,046    
Carrying Amount        
Financial assets:        
Cash and cash equivalents 1,024,007 888,707    
Loans 13,204,638 11,039,349    
Financial derivatives 27,789 37,478    
Guarantee and commitment fees receivable 50,499 49,832    
Financial liabilities:        
Notes payable 27,371,174 26,336,542    
Debt securities of consolidated trusts held by third parties 1,929,628 1,351,069    
Financial derivatives 77,326 117,131    
Guarantee and commitment obligation 48,326 47,563    
Carrying Amount | Investment securities        
Financial assets:        
Marketable securities 5,973,301 4,979,504    
Carrying Amount | Farmer Mac Guaranteed Securities        
Financial assets:        
Marketable securities 8,232,234 9,745,548    
Carrying Amount | USDA Securities        
Financial assets:        
Marketable securities $ 2,371,352 $ 2,355,412