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BUSINESS SEGMENT REPORTING - Schedule of Segment Reporting Information (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Interest income $ 1,603,516 $ 1,392,288 $ 716,848
Interest expense (1,249,649) (1,064,741) (445,908)
Less: reconciling adjustments (14,303) (567) (15,411)
Net effective spread 339,564 326,980 255,529
Guarantee and commitment fees 20,321 18,928 18,144
Other income/(expense) 2,188 3,019 1,681
(Provision for)/release of losses (11,490) (1,136) (806)
Operating expenses (59,404) (52,417) (44,606)
Income tax (expense)/benefit (61,148) (62,029) (48,288)
Segment core earnings 230,031 233,345 181,654
Reconciliation to net income:      
Net effects of derivatives and trading securities 13,141 1,954 33,715
Unallocated (expenses)/income (46,217) (44,227) (37,978)
Income tax effect related to reconciling items 10,238 8,931 753
Net income 207,193 200,003 178,144
Total on- and off-balance sheet segment assets at principal balance 29,523,030 28,471,024 25,922,082
Off-balance sheet assets under management (4,981,285) (4,710,199) (3,945,557)
Unallocated assets 6,782,997 5,763,557 5,356,585
Total Assets 31,324,742 29,524,382 27,333,110
Operating Segments | Farm & Ranch      
Segment Reporting Information [Line Items]      
Interest income 615,016 559,730 421,139
Interest expense (475,248) (422,651) (287,921)
Net effective spread 135,310 132,900 129,057
Guarantee and commitment fees 17,695 17,415 16,718
Other income/(expense) 3,167 2,952 1,420
(Provision for)/release of losses (1,147) (507) (1,216)
Operating expenses (24,741) (23,306) (23,332)
Income tax (expense)/benefit (27,360) (27,183) (25,756)
Segment core earnings 102,924 102,271 96,891
Reconciliation to net income:      
Total on- and off-balance sheet segment assets at principal balance 18,606,968 18,808,801 17,728,792
Operating Segments | Corporate AgFinance      
Segment Reporting Information [Line Items]      
Interest income 100,820 92,335 55,311
Interest expense (70,695) (61,111) (26,102)
Net effective spread 30,125 31,224 29,209
Guarantee and commitment fees 571 283 139
Other income/(expense) (2,055) 35 261
(Provision for)/release of losses (6,850) (207) (2,136)
Operating expenses (7,905) (5,540) (5,629)
Income tax (expense)/benefit (2,916) (5,418) (4,587)
Segment core earnings 10,970 20,377 17,257
Reconciliation to net income:      
Total on- and off-balance sheet segment assets at principal balance 1,887,705 1,693,979 1,603,507
Operating Segments | Power & Utilities      
Segment Reporting Information [Line Items]      
Interest income 260,636 232,106 152,990
Interest expense (240,600) (215,763) (141,176)
Net effective spread 19,987 16,175 11,711
Guarantee and commitment fees 966 1,090 1,187
Other income/(expense) 0 0 0
(Provision for)/release of losses 274 4,117 3,726
Operating expenses (4,281) (3,553) (3,198)
Income tax (expense)/benefit (3,559) (3,746) (2,819)
Segment core earnings 13,387 14,083 10,607
Reconciliation to net income:      
Total on- and off-balance sheet segment assets at principal balance 6,809,366 6,979,570 6,042,996
Operating Segments | Broadband Infrastructure      
Segment Reporting Information [Line Items]      
Interest income 38,225 30,299 8,832
Interest expense (27,282) (21,455) (4,471)
Net effective spread 10,943 8,844 4,361
Guarantee and commitment fees 464 43 51
Other income/(expense) 0 0 0
(Provision for)/release of losses 1,469 (4,324) (705)
Operating expenses (3,666) (2,415) (2,009)
Income tax (expense)/benefit (1,934) (453) (357)
Segment core earnings 7,276 1,695 1,341
Reconciliation to net income:      
Total on- and off-balance sheet segment assets at principal balance 802,466 501,153 316,617
Operating Segments | Renewable Energy      
Segment Reporting Information [Line Items]      
Interest income 54,188 18,923 5,811
Interest expense (40,471) (14,275) (3,328)
Net effective spread 13,717 4,648 2,483
Guarantee and commitment fees 625 97 49
Other income/(expense) 0 0 0
(Provision for)/release of losses (5,236) (219) (494)
Operating expenses (4,848) (3,382) (1,690)
Income tax (expense)/benefit (894) (238) (73)
Segment core earnings 3,364 906 275
Reconciliation to net income:      
Total on- and off-balance sheet segment assets at principal balance 1,416,525 487,521 230,170
Operating Segments | Funding      
Segment Reporting Information [Line Items]      
Interest income 224,390 200,264 (8,334)
Interest expense (89,698) (71,849) 104,947
Net effective spread 124,896 132,009 85,466
Guarantee and commitment fees 0 0 0
Other income/(expense) 0 3 0
(Provision for)/release of losses 0 0 0
Operating expenses (10,855) (11,037) (6,798)
Income tax (expense)/benefit (23,949) (25,405) (16,521)
Segment core earnings 90,092 95,570 62,147
Reconciliation to net income:      
Total on- and off-balance sheet segment assets at principal balance 0 0 0
Operating Segments | Investments      
Segment Reporting Information [Line Items]      
Interest income 310,241 258,631 81,099
Interest expense (305,655) (257,637) (87,857)
Net effective spread 4,586 1,180 (6,758)
Guarantee and commitment fees 0 0 0
Other income/(expense) 1,076 29 0
(Provision for)/release of losses 0 4 19
Operating expenses (3,108) (3,184) (1,950)
Income tax (expense)/benefit (536) 414 1,825
Segment core earnings 2,018 (1,557) (6,864)
Reconciliation to net income:      
Total on- and off-balance sheet segment assets at principal balance 0 0 0
Reconciling Adjustments | Farm & Ranch      
Segment Reporting Information [Line Items]      
Less: reconciling adjustments (4,458) (4,179) (4,161)
Reconciling Adjustments | Corporate AgFinance      
Segment Reporting Information [Line Items]      
Less: reconciling adjustments 0 0 0
Reconciling Adjustments | Power & Utilities      
Segment Reporting Information [Line Items]      
Less: reconciling adjustments (49) (168) (103)
Reconciling Adjustments | Broadband Infrastructure      
Segment Reporting Information [Line Items]      
Less: reconciling adjustments 0 0 0
Reconciling Adjustments | Renewable Energy      
Segment Reporting Information [Line Items]      
Less: reconciling adjustments 0 0 0
Reconciling Adjustments | Funding      
Segment Reporting Information [Line Items]      
Less: reconciling adjustments (9,796) 3,594 (11,147)
Reconciling Adjustments | Investments      
Segment Reporting Information [Line Items]      
Less: reconciling adjustments $ 0 $ 186 $ 0