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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Consolidation of Variable Interest Entities (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost $ 12,226,915 $ 11,183,408
Debt securities of consolidated trusts held by third parties 28,877,240 27,520,173
Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value 5,731,503 5,514,546
Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 6,674,031 5,953,014
Agricultural Finance    
Variable Interest Entity [Line Items]    
Borrower remittances 3,100 4,700
Unamortized discount 120,400 113,200
Consolidated VIE | On-balance sheet    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 2,275,254 2,038,283
Debt securities of consolidated trusts held by third parties 2,157,962 1,929,628
Consolidated VIE | Operating Segments | On-balance sheet | Agricultural Finance    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 2,275,254 2,038,283
Debt securities of consolidated trusts held by third parties 2,157,962 1,929,628
Consolidated VIE | Operating Segments | On-balance sheet | Treasury    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 0 0
Debt securities of consolidated trusts held by third parties 0 0
Unconsolidated VIE | On-balance sheet | Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value 77,836 59,317
Maximum exposure to loss 77,569 58,985
Unconsolidated VIE | On-balance sheet | Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 4,784,489 4,212,258
Maximum exposure to loss 5,005,763 4,547,397
Unconsolidated VIE | Off-balance sheet    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 399,168 426,310
Unconsolidated VIE | Operating Segments | On-balance sheet | Agricultural Finance | Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value 77,836 59,317
Maximum exposure to loss 77,569 58,985
Unconsolidated VIE | Operating Segments | On-balance sheet | Agricultural Finance | Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 0 0
Maximum exposure to loss 0 0
Unconsolidated VIE | Operating Segments | On-balance sheet | Treasury | Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value 0 0
Maximum exposure to loss 0 0
Unconsolidated VIE | Operating Segments | On-balance sheet | Treasury | Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 4,784,489 4,212,258
Maximum exposure to loss 5,005,763 4,547,397
Unconsolidated VIE | Operating Segments | Off-balance sheet | Agricultural Finance    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 399,168 426,310
Unconsolidated VIE | Operating Segments | Off-balance sheet | Treasury    
Variable Interest Entity [Line Items]    
Maximum exposure to loss $ 0 $ 0