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Notes Payable, Other and Short-Term Borrowings (Tables)
12 Months Ended
Dec. 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):

 

 

 

December 31, 2020

 

 

December 31, 2019

 

Unsecured senior revolving credit agreement

 

$

 

 

$

68,948

 

5.125% Senior Notes

 

 

255,570

 

 

 

298,688

 

5.375% Senior Notes

 

 

446,577

 

 

 

445,247

 

3.750% Senior Notes

 

 

296,903

 

 

 

296,129

 

4.375% Senior Notes

 

 

297,031

 

 

 

 

Collateralized borrowings

 

 

19,854

 

 

 

33,675

 

Total Notes payable and other borrowings

 

 

1,315,935

 

 

 

1,142,687

 

Short-term borrowings

 

 

3,849

 

 

 

4,962

 

Total Notes payable, other and short-term borrowings

 

$

1,319,784

 

 

$

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):

 

 

 

December 31, 2020

 

 

December 31, 2019

 

 

 

Carrying Amount

 

 

Fair Value

 

 

Carrying Amount

 

 

Fair Value

 

5.125% Senior Notes

 

$

255,570

 

 

$

258,067

 

 

$

298,688

 

 

$

311,100

 

5.375% Senior Notes

 

 

446,577

 

 

 

486,747

 

 

 

445,247

 

 

 

482,099

 

3.750% Senior Notes

 

 

296,903

 

 

 

314,031

 

 

 

296,129

 

 

 

300,600

 

4.375% Senior Notes

 

 

297,031

 

 

 

317,466

 

 

 

 

 

 

 

Total

 

$

1,296,081

 

 

$

1,376,311

 

 

$

1,040,064

 

 

$

1,093,799