Year Ended December 31,

2021

2020

2019

(In thousands)

Interest expense before capitalized interest

$

68,485

$

70,561

$

78,313

Amortization of deferred financing costs

4,291

3,315

3,217

Interest expense related to finance lease right-of-use assets

2,261

1,450

921

Net unrealized (gain) loss on derivative financial instruments not designated as accounting hedges

(342)

184

50

Capitalized interest

(6,734)

(13,189)

(29,806)

Interest expense

$

67,961

$

62,321

$

52,695