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Notes Payable, Other and Short-Term Borrowings (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Summary Notes Payable, Other and Short-term Borrowings

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

 

 

 

March 31, 2020

 

 

December 31, 2019

 

Unsecured senior revolving credit agreement

 

$

297,158

 

 

$

68,948

 

5.125% Senior Notes

 

 

298,913

 

 

 

298,688

 

5.375% Senior Notes due 2023

 

 

445,581

 

 

 

445,247

 

3.750% Senior Notes

 

 

296,297

 

 

 

296,129

 

Collateralized borrowings

 

 

30,272

 

 

 

33,675

 

Total Notes payable and other borrowings

 

 

1,368,221

 

 

 

1,142,687

 

Short-term borrowings

 

 

3,847

 

 

 

4,962

 

Total Notes payable, other and short-term borrowings

 

$

1,372,068

 

 

$

1,147,649

 

 

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

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

 

 

March 31, 2020

 

 

December 31, 2019

 

 

 

Carrying

Amount

 

 

Fair

Value

 

 

Carrying

Amount

 

 

Fair

Value

 

5.125% Senior Notes

 

$

298,913

 

 

$

297,291

 

 

$

298,688

 

 

$

311,100

 

5.375% Senior Notes due 2023

 

 

445,581

 

 

 

461,646

 

 

 

445,247

 

 

 

482,099

 

3.750% Senior Notes

 

 

296,297

 

 

 

270,900

 

 

 

296,129

 

 

 

300,600

 

Total

 

$

1,040,791

 

 

$

1,029,837

 

 

$

1,040,064

 

 

$

1,093,799