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v3.22.1

Fair Value of Assets and Liabilities - Carrying Value and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands | Mar. 31, 2022 | Dec. 31, 2021 | Mar. 31, 2021
--- | --- | --- | ---
Assets: |  |  |
Cash and cash equivalents | $ 598,508 | $ 506,491 | $ 289,391
Carrying Value |  |  |
Assets: |  |  |
Cash and cash equivalents | 598,508 | 506,491 |
Restricted cash and investments | 50,084 | 41,831 |
Liabilities: |  |  |
Borrowings under senior credit facility | 1,546,466 | 1,546,895 |
Non-recourse debt | 317,464 | 310,108 |
Fair Value |  |  |
Assets: |  |  |
Cash and cash equivalents | 598,508 | 506,491 |
Restricted cash and investments | 50,084 | 41,831 |
Liabilities: |  |  |
Borrowings under senior credit facility | 1,437,949 | 1,448,280 |
Non-recourse debt | 317,464 | 310,108 |
Quoted Prices in Active Markets (Level 1) | Fair Value |  |  |
Assets: |  |  |
Cash and cash equivalents | 598,508 | 506,491 |
Restricted cash and investments | 50,084 | 41,831 |
Significant Other Observable Inputs (Level 2) | Fair Value |  |  |
Liabilities: |  |  |
Borrowings under senior credit facility | 1,437,949 | 1,448,280 |
Non-recourse debt | 317,464 | 310,108 |
5.125% Senior Notes due 2023 | Carrying Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 259,275 | 259,275 |
5.125% Senior Notes due 2023 | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 244,807 | 248,479 |
5.125% Senior Notes due 2023 | Significant Other Observable Inputs (Level 2) | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 244,807 | 248,479 |
5.875% Senior Notes due 2024 | Carrying Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 225,293 | 225,293 |
5.875% Senior Notes due 2024 | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 192,589 | 199,522 |
5.875% Senior Notes due 2024 | Significant Other Observable Inputs (Level 2) | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 192,589 | 199,522 |
6.00% Senior Notes due 2026 | Carrying Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 350,000 | 350,000 |
6.00% Senior Notes due 2026 | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 272,556 | 283,691 |
6.00% Senior Notes due 2026 | Significant Other Observable Inputs (Level 2) | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 272,556 | 283,691 |
6.50% Exchangeable Senior Notes due 2026 | Carrying Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 230,000 | 230,000 |
6.50% Exchangeable Senior Notes due 2026 | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 235,273 | 248,211 |
6.50% Exchangeable Senior Notes due 2026 | Significant Other Observable Inputs (Level 2) | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | $ 235,273 | $ 248,211 |

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