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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Consolidation of Variable Interest Entities (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost $ 11,636,815 $ 11,183,408
Debt securities of consolidated trusts held by third parties 28,049,766 27,520,173
Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value 5,623,384 5,514,546
Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 6,230,080 5,953,014
Agricultural Finance    
Variable Interest Entity [Line Items]    
Borrower remittances 200 4,700
Unamortized discount 110,500 113,200
Consolidated VIE | On-balance sheet    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 2,005,680 2,038,283
Debt securities of consolidated trusts held by third parties 1,894,920 1,929,628
Consolidated VIE | 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 | 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 2,005,680  
Debt securities of consolidated trusts held by third parties 1,894,920  
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 58,580 59,317
Maximum exposure to loss 58,219 58,985
Unconsolidated VIE | On-balance sheet | Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 4,476,698 4,212,258
Maximum exposure to loss 4,730,044 4,547,397
Unconsolidated VIE | 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 | 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   4,212,258
Maximum exposure to loss   4,547,397
Unconsolidated VIE | Off-balance sheet    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 414,291 426,310
Unconsolidated VIE | Off-balance sheet | Agricultural Finance    
Variable Interest Entity [Line Items]    
Maximum exposure to loss   426,310
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 58,580  
Maximum exposure to loss 58,219  
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 414,291  
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 4,476,698  
Maximum exposure to loss 4,730,044  
Unconsolidated VIE | Corporate, non-segment | Off-balance sheet    
Variable Interest Entity [Line Items]    
Maximum exposure to loss $ 0