Notes Payable, Other and Short-term Borrowings (Tables)

3 Months Ended

Mar. 31, 2018

Summary Notes Payable, Other and Short-term Borrowings

Notes payable, other and short-term borrowings consisted of the following (in thousands):

	March 31, 2018		December 31, 2017
Unsecured senior revolving credit agreement	$	397,709	$	397,310
Unsecured senior term loan credit agreement		—		270,710
8.125% Senior Notes		109,427		109,396
5.375% Senior Notes		298,310		298,064
8.375% Senior Notes		241,323		242,474
5.125% Senior Notes		297,198		296,996
Collateralized borrowings		31,976		35,559
Total Notes payable and other borrowings		1,375,943		1,650,509
Short-term borrowings		6,017		6,046
Total Notes payable, other and short-term borrowings	$	1,381,960	$	1,656,555

Carrying Amounts and Estimated Fair Values of Company's Senior Notes

The Company’s Senior Notes are recorded at amortized cost. As of March 31, 2018 and December 31, 2017, the carrying amounts and estimated fair values of the Company’s Senior Notes were as follows (in thousands):

	March 31, 2018				December 31, 2017
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
8.125% Senior Notes	$	109,427	$	115,650	$	109,396	$	116,550
5.375% Senior Notes		298,310		309,750		298,064		313,125
8.375% Senior Notes		241,323		242,400		242,474		247,200
5.125% Senior Notes		297,198		309,750		296,996		315,375
Total	$	946,258	$	977,550	$	946,930	$	992,250