Three Months Ended September 30,

Nine Months Ended September 30,

2025

2024

X

2025

2024

(In thousands)

Interest expense before capitalized interest

$

32,501

$

35,142

$

100,274

$

97,216

Amortization of deferred financing costs

3,565

4,081

11,410

12,163

Net unrealized (gain) loss on non-designated derivatives

(4)

8

(59)

77

Capitalized interest

(1,281)

(3,964)

(6,073)

(12,056)

Interest expense

$

34,781

$

35,267

$

105,552

$

97,400