Loans Payable and Secured Line of Credit (Tables)

6 Months Ended

Jun. 30, 2022

Loans Payable and Secured Line of Credit

Schedule of combined aggregate principal maturities of our loans

Combined aggregate principal maturities of our loans, secured line of credit and note payable as of June 30, 2022, excluding extension options, were as follows (dollars in thousands):

Year of Maturity	Principal
2022	$	—
2023		217,098
2024		35,750
2025		—
2026		—
		252,848
Less: deferred finance costs, net		(5,940)
Total loans, secured line of credit, and note payable, net	$	246,908

Schedule of consolidated interest (income) expense

Consolidated interest expense, net includes the following (dollars in thousands):

	Three Months Ended		Three Months Ended		Six Months Ended		Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2022		2021		2022		2021
				As Restated (a)				As Restated (a)
Interest expense	$	4,541	$	5,284	$	8,828	$	10,272
Interest capitalized		(1,246)		(3,511)		(2,764)		(7,624)
Interest income		—		(1)		—		(1)
Interest expense, net	$	3,295	$	1,772	$	6,064	$	2,647
(a) Amounts are Restated. See Note 14 for more information