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Fair Value of Financial Instruments (Tables) | 9 Months Ended
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Sep. 30, 2023
Fair Value of Financial Instruments |
Estimated Fair Value And Carrying Amounts | The aggregate estimated fair value and carrying value of our Global Revolving Credit Facilities, Euro Term Loan Facilities and USD Term Loan Facility, unsecured senior notes and secured and other debt as of the respective periods is shown below (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Categorization | ​ | As of September 30, 2023 | ​ | As of December 31, 2022
​ | ​ | under the fair value | ​ | Estimated Fair | ​ | ​ | ​ | ​ | Estimated Fair | ​ | ​ | ​
​ |  | hierarchy |  | Value |  | Carrying Value |  | Value |  | Carrying Value
Global revolving credit facilities (1) |  | Level 2 | ​ | $ | 1,713,024 | ​ | $ | 1,713,024 | ​ | $ | 2,167,889 | ​ | $ | 2,167,889
Unsecured term loans (1) |  | Level 2 | ​ | ​ | 1,532,975 | ​ | ​ | 1,532,975 | ​ | ​ | 802,875 | ​ | ​ | 802,875
Unsecured senior notes (2) |  | Level 2 | ​ | ​ | 11,462,950 | ​ | ​ | 13,161,305 | ​ |  | 11,331,989 | ​ |  | 13,220,961
Secured and other debt (2) |  | Level 2 | ​ | ​ | 564,923 | ​ | ​ | 580,370 | ​ |  | 517,226 | ​ |  | 532,130
​ | ​ | ​ | ​ | $ | 15,273,872 | ​ | $ | 16,987,674 | ​ | $ | 14,819,979 | ​ | $ | 16,723,855
(1) | The carrying value of our unsecured term loans approximates estimated fair value, due to the variability of interest rates and the stability of our credit ratings.
(2) | Valuations for our unsecured senior notes and secured and other debt are determined based on the expected future payments discounted at risk-adjusted rates and quoted market prices.

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