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FAIR VALUE DISCLOSURES - Schedule of Unobservable Input Reconciliation (Details) - Level 3 - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance $ 6,886,365 $ 5,648,034 $ 6,744,017 $ 5,539,404
Purchases 1,145,320 100,000 1,540,320 400,000
Settlements (215,213) (17,245) (428,553) (293,360)
Allowance for Losses 59 (6) 51 44
Realized and unrealized (losses)/gains included in Income $ (36,913) $ 37,741 $ (58,372) $ 119,808
Fair Value Recurring Basis Unobservable Input Reconciliation Asset Gain Loss Statement Of Income Extensible List Not Disclosed Flag Realized andunrealized (losses)/gains included in Income Realized andunrealized gains/(losses) included in Income Realized andunrealized gains included in Income Realized andunrealized gains/(losses) included in Income
Unrealized (losses)/gains included in other comprehensive income $ 1,803 $ (12,405) $ (16,042) $ (9,777)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration] Net unrealized (losses)/gains on available-for-sale securities Net unrealized (losses)/gains on available-for-sale securities Net unrealized (losses)/gains on available-for-sale securities Net unrealized (losses)/gains on available-for-sale securities
Ending Balance $ 7,781,421 $ 5,756,119 $ 7,781,421 $ 5,756,119
Available-for-sale securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 6,881,498 5,642,737 6,739,120 5,534,022
Purchases 1,145,320 100,000 1,540,320 400,000
Settlements (215,141) (17,160) (428,398) (293,189)
Allowance for Losses 59 (6) 51 44
Realized and unrealized (losses)/gains included in Income (36,970) 37,812 (58,482) 119,878
Unrealized (losses)/gains included in other comprehensive income 1,803 (12,405) (16,042) (9,777)
Ending Balance 7,776,569 5,750,978 7,776,569 5,750,978
ABS        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 44,586      
Purchases 20,320      
Settlements (1)      
Allowance for Losses 0      
Realized and unrealized (losses)/gains included in Income (612)      
Unrealized (losses)/gains included in other comprehensive income 1,181      
Ending Balance 65,474   65,474  
Auction-rate certificates backed by Government guaranteed student loans        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance   19,353 0 19,476
Purchases   0 65,320 0
Settlements   0 (1) 0
Allowance for Losses   (1) 0 (1)
Realized and unrealized (losses)/gains included in Income   0 (630) 0
Unrealized (losses)/gains included in other comprehensive income   123 785 0
Ending Balance   19,475   19,475
AgVantage        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 6,828,759 5,614,512 6,730,917 5,505,531
Purchases 1,125,000 100,000 1,475,000 400,000
Settlements (215,000) (16,994) (428,097) (292,849)
Allowance for Losses 59 (5) 51 45
Realized and unrealized (losses)/gains included in Income (36,358) 37,812 (57,852) 119,878
Unrealized (losses)/gains included in other comprehensive income 509 (12,435) (17,050) (9,715)
Ending Balance 7,702,969 5,722,890 7,702,969 5,722,890
Interest-Only Farmer Mac Guaranteed Securities        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 8,153 8,872 8,203 9,015
Purchases 0 0 0 0
Settlements (140) (166) (300) (340)
Allowance for Losses 0 0 0 0
Realized and unrealized (losses)/gains included in Income 0 0 0 0
Unrealized (losses)/gains included in other comprehensive income 113 (93) 223 (62)
Ending Balance 8,126 8,613 8,126 8,613
Other Assets        
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Beginning Balance 4,867 5,297 4,897 5,382
Purchases 0 0 0 0
Settlements (72) (85) (155) (171)
Allowance for Losses 0 0 0 0
Realized and unrealized (losses)/gains included in Income 57 (71) 110 (70)
Unrealized (losses)/gains included in other comprehensive income 0 0 0 0
Ending Balance $ 4,852 $ 5,141 $ 4,852 $ 5,141