XML 57 R46.htm IDEA: XBRL DOCUMENT v3.23.2
Notes Payable, Other and Short-Term Borrowings (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Summary Notes Payable, Other and Short-term Borrowings
Notes payable, other and short-term borrowings consisted of the following (in thousands):
June 30, 2023December 31, 2022
Unsecured senior revolving credit agreement$— $— 
5.375% Senior Notes due July 24, 2023
449,911 449,243 
3.750% Senior Notes due October 1, 2024
298,972 298,558 
4.375% Senior Notes due December 15, 2025
298,477 298,165 
8.000% Senior Notes due May 25, 2028
346,646 — 
Collateralized borrowings— 3,251 
Total Notes payable and other borrowings1,394,006 1,049,217 
Short-term borrowings— 1,917 
Total Notes payable, other and short-term borrowings$1,394,006 $1,051,134 
Carrying Amounts and Estimated Fair Values of Company's Senior Notes ’ Senior Notes are recorded at amortized cost. The carrying amounts and estimated fair values of BGC Partners’ Senior Notes were as follows (in thousands):
June 30, 2023December 31, 2022
Carrying
Amount
Fair
Value
Carrying
Amount
Fair
Value
5.375% Senior Notes due July 24, 2023
$449,911 $449,321 $449,243 $449,007 
3.750% Senior Notes due October 1, 2024
298,972 283,229 298,558 286,894 
4.375% Senior Notes due December 15, 2025
298,477 274,753 298,165 281,114 
8.000% Senior Notes due May 25, 2028
346,646 338,625 
Total$1,394,006 $1,345,928 $1,045,966$1,017,015