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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Estimated Incremental Borrowing Rates for Similar Types of Borrowing Arrangements The carrying amounts and fair values of our other financial instruments subject to fair value disclosures as of June 30, 2022 and December 31, 2021 are presented in the table below (amounts in thousands).

 

 

 

June 30, 2022

 

 

 

Carrying
Amount

 

 

Fair
Value

 

Manufacturer flooring plans payable with interest computed at 5.0% (Level 3)

 

$

21,507

 

 

$

18,579

 

Senior Unsecured Notes due 2028 with interest computed at 3.875% (Level 2)

 

 

1,240,688

 

 

 

1,013,363

 

 

 

 

December 31, 2021

 

 

 

Carrying
Amount

 

 

Fair
Value

 

Manufacturer flooring plans payable with interest computed at 3.5% (Level 3)

 

$

20,924

 

 

$

19,533

 

Senior Unsecured Notes due 2028 with interest computed at 3.875% (Level 2)

 

 

1,239,967

 

 

 

1,242,850