Notes Payable, Other and Short-Term Borrowings (Tables)

9 Months Ended

Sep. 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):

	September 30, 2023		December 31, 2022
Unsecured senior revolving credit agreement	$	238,878	$	—
BGC Partners 5.375% Senior Notes due July 24, 2023	—		449,243
BGC Partners 3.750% Senior Notes due October 1, 2024	299,180		298,558
BGC Partners 4.375% Senior Notes due December 15, 2025	298,630		298,165
BGC Partners 8.000% Senior Notes due May 25, 2028	346,755		—
Collateralized borrowings	—		3,251
Total Notes payable and other borrowings	1,183,443		1,049,217
Short-term borrowings	—		1,917
Total Notes payable, other and short-term borrowings	$	1,183,443	$	1,051,134

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

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

	September 30, 2023				December 31, 2022
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
BGC Partners 5.375% Senior Notes due July 24, 2023	$	—	$	—	$	449,243	$	449,007
BGC Partners 3.750% Senior Notes due October 1, 2024	299,180		288,468		298,558		286,894
BGC Partners 4.375% Senior Notes due December 15, 2025	298,630		278,625		298,165		281,114
BGC Partners 8.000% Senior Notes due May 25, 2028	346,755		338,799		—		—
Total	$	944,565	$	905,892	$1,045,966		$1,017,015