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FAIR VALUE DISCLOSURES (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Summary of Carrying Value and Fair Value of Financial Instruments
The carrying value and fair value of our financial instruments are as follows:
  March 31, 2022December 31, 2021
(Dollars in thousands)Level in Fair
Value Hierarchy
Carrying
Value
Estimated
Fair
Value
Carrying
Value
Estimated
Fair
Value
Description:
Mortgage loans held for sale2$229,651 $229,651 $467,534 $467,534 
IRLCs3420 420 2,110 2,110 
MBSs25,080 5,080 (449)(449)
Mortgage warehouse borrowings2200,662 200,662 413,887 413,887 
Loans payable and other borrowings2395,400 395,400 404,386 404,386 
5.875% Senior Notes due 2023 (1)
2349,409 354,830 349,267 365,890 
5.625% Senior Notes due 2024 (1)
2348,968 360,150 348,834 372,750 
5.875% Senior Notes due 2027 (1)
2495,953 520,000 495,757 560,000 
6.625% Senior Notes due 2027 (1)
2316,919 308,250 317,718 315,750 
5.75% Senior Notes due 2028(1)
2446,344 463,500 446,186 502,875 
5.125% Senior Notes due 2030(1)
2494,718 490,000 494,560 550,000 
$800 Million Revolving Credit Facility
2— — — — 
$100 Million Revolving Credit Facility
2— — 31,529 31,529 
Equity Security Investment 15,030 5,030 6,400 6,400 
(1) Carrying value for Senior Notes, as presented, includes unamortized debt issuance costs and premiums. Debt issuance costs are not factored into the fair value calculation for the Senior Notes.