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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Consolidation of Variable Interest Entities (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost $ 13,192,117 $ 11,183,408
Debt securities of consolidated trusts held by third parties 29,204,490 27,520,173
Farmer Mac Guaranteed USDA Securities    
Variable Interest Entity [Line Items]    
Guarantee and commitment obligation $ 5,100 $ 5,600
Weighted-average remaining maturity 20 years 10 months 24 days 21 years 2 months 12 days
Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value $ 5,854,098 $ 5,514,546
Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 6,655,946 5,953,014
Agricultural Finance    
Variable Interest Entity [Line Items]    
Borrower remittances 1,400 4,700
Unamortized discount 117,500 113,200
Consolidated VIE | On-balance sheet    
Variable Interest Entity [Line Items]    
Loans held for investment in consolidated trusts, at amortized cost 2,205,213 2,038,283
Debt securities of consolidated trusts held by third parties 2,089,042 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 2,205,213 2,038,283
Debt securities of consolidated trusts held by third parties 2,089,042 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 79,302 59,317
Maximum exposure to loss 79,027 58,985
Unconsolidated VIE | On-balance sheet | Investment securities    
Variable Interest Entity [Line Items]    
Carrying value 4,769,276 4,212,258
Maximum exposure to loss 4,959,042 4,547,397
Unconsolidated VIE | Off-balance sheet    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 392,358 426,310
Unconsolidated VIE | Operating Segments | On-balance sheet | Agricultural Finance | Farmer Mac Guaranteed Securities    
Variable Interest Entity [Line Items]    
Carrying value 79,302 59,317
Maximum exposure to loss 79,027 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 4,769,276 4,212,258
Maximum exposure to loss 4,959,042 4,547,397
Unconsolidated VIE | Operating Segments | Off-balance sheet | Agricultural Finance    
Variable Interest Entity [Line Items]    
Maximum exposure to loss 392,358 426,310
Unconsolidated VIE | Operating Segments | Off-balance sheet | Treasury    
Variable Interest Entity [Line Items]    
Maximum exposure to loss $ 0 $ 0