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Organization and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Summary of carrying values and fair values of senior subordinated notes and fixed rate mortgage facilities A summary of our fixed rate debt is as follows:
December 31, 2022December 31, 2021
Carrying ValueFair ValueCarrying ValueFair Value
3.50% senior subordinated notes due 2025
$546.2 $508.7 $544.7 $560.5 
3.75% senior subordinated notes due 2029
495.1 404.2 494.3 490.7 
Mortgage facilities (1)
494.3 462.1 353.8 359.8 
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(1)In addition to fixed rate debt, our mortgage facilities also include a revolving mortgage facility through Toyota Motor Credit Corporation that bears interest at a variable rate based on LIBOR. The fair value equals the carrying value.
Reconciliation of number of shares used in calculation of basic and diluted earning per share
A reconciliation of the number of shares used in the calculation of basic and diluted earnings per share for the years ended December 31, 2022, 2021, and 2020 follows:
Year Ended December 31,
202220212020
Weighted average number of common shares outstanding74,394,799 79,746,106 80,594,856 
Effect of non-participatory equity compensation— — — 
Weighted average number of common shares outstanding, including effect of dilutive securities74,394,799 79,746,106 80,594,856