Three Months Ended June 30,

Six Months Ended June 30,

2020

2019

2020

2019

(In thousands)

Interest expense before capitalized interest

$

18,339

$

20,431

$

35,040

$

43,308

Amortization of deferred financing costs

779

714

1,398

1,878

Net unrealized (gain) loss on derivative financial

instruments not designated as cash flow hedges

17

—

(30)

48

Capitalized interest

(3,365)

(8,038)

(8,633)

(14,953)

Interest expense

$

15,770

$

13,107

$

27,775

$

30,281