Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value of Financial Instruments

Estimated Fair Value And Carrying Amounts

The aggregate estimated fair value and carrying value of our Global Revolving Credit Facilities, unsecured term loans, unsecured senior notes and secured and other debt as of the respective periods is shown below (in thousands):

	Categorization	As of September 30, 2022				As of December 31, 2021
	under the fair value	Estimated Fair				Estimated Fair
	hierarchy	Value		Carrying Value		Value		Carrying Value
Global revolving credit facilities	Level 2	$	2,273,172	$	2,273,172	$	415,116	$	415,116
Unsecured term loans	Level 2	$	735,151	$	735,151	$	—	$	—
Unsecured senior notes (1)	Level 2		9,801,701		12,375,590		13,580,262		13,000,042
Secured and other debt (1)	Level 2		484,991		492,261		152,511		147,082
		$	13,295,015	$	15,876,174	$	14,147,889	$	13,562,240

(1) Valuations for our unsecured senior notes and secured and other debt are determined based on the expected future payments discounted at risk-adjusted rates and quoted market prices.