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Debt
 6 Months Ended
Jun. 30, 2020
Capitalization, Long-term Debt and Equity [Abstract]  
Debt DEBT
The components of Stratus' debt are as follows (in thousands):
 June 30, 2020December 31, 2019
Block 21 loan$140,115  $141,184  
The Santal loan74,158  73,972  
Comerica Bank credit facility33,977  42,482  
New Caney land loan4,929  4,908  
PPP loan3,988  —  
Construction loans:
Kingwood Place28,067  23,991  
The Saint Mary
25,243  21,857  
Lantana Place
24,085  23,268  
Jones Crossing
22,095  21,354  
West Killeen Market
7,187  7,213  
Amarra Villas credit facility5  5,520  
Total debta
$363,849  $365,749  
a.Includes net reductions for unamortized debt issuance costs of $2.8 million at June 30, 2020, and $3.5 million at December 31, 2019.

As of June 30, 2020, Stratus had $25.9 million available under its $60.0 million Comerica Bank credit facility, with $150 thousand of letters of credit committed against the credit facility. Effective April 14, 2020, Stratus and Comerica Bank agreed to modify the Comerica Bank credit facility to (i) extend the maturity date of the credit facility from June 29, 2020, to September 27, 2020, and (ii) revise the definition of LIBOR to provide for an increase in the LIBOR floor from zero percent to one percent. On June 12, 2020, Stratus entered into a further amendment to its credit facility agreement with Comerica Bank to extend the maturity date of the facility to September 27, 2022.

During second-quarter 2020, Stratus entered into amendments to the Lantana Place and West Killeen Market construction loans in which Stratus was granted waivers of the debt service coverage ratio covenants for the quarters needed such that it believes that it will be able to remain in compliance if rent payments do not further deteriorate materially as currently anticipated.

In January 2020, the Kingwood Place construction loan was modified to increase the loan amount by $2.5 million to a total of $35.4 million. The increase was used to fund the construction of a retail building on an existing Kingwood Place retail pad.

For a description of Stratus' other debt, refer to Note 6 in the Stratus 2019 Form 10-K.

Interest Expense and Capitalization. Interest costs (before capitalized interest) totaled $4.9 million in second-quarter 2020, $5.1 million in second-quarter 2019, $10.1 million for the first six months of 2020 and $9.7 million for the first six months of 2019. Stratus' capitalized interest totaled $1.2 million in second-quarter 2020, $2.1 million in second-quarter 2019, $2.5 million for the first six months of 2020 and $4.2 million for the first six months of 2019, primarily related to development activities at Barton Creek. The 2019 periods also included capitalized interest related to development activities at Kingwood Place and The Saint Mary.