Notes Payable, Revolving Credit Facility, Interest and Amortization of Deferred Debt Costs (Tables)

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Scheduled Maturities of Debt, Including Scheduled Principal Amortization

At September 30, 2015, the scheduled maturities of debt, including scheduled principal amortization, for years ending December 31, were as follows:

(In thousands)	Balloon Payments			Scheduled Principal Amortization		Total
October 1 through December 31, 2015	$	—		$	5,954	$	5,954
2016	14,724			24,413		39,137
2017	—			25,716		25,716
2018	57,748		(a)	25,902		83,650
2019	60,793			24,615		85,408
2020	61,163			21,893		83,056
Thereafter	418,770			127,712		546,482
	$	613,198		$	256,205	$	869,403

(a) Includes $30.0 million outstanding under the line of credit.

Interest Expense and Amortization of Deferred Debt Costs

Interest expense and amortization of deferred debt costs for the three and nine months ended September 30, 2015 and 2014, were as follows:

	Three Months Ended   September 30,						Nine Months Ended   September 30,
(In thousands)	2015			2014			2015			2014
Interest incurred	$	11,489		$	11,415		$	34,287		$	33,998
Amortization of deferred debt costs	340			355			1,094			969
Capitalized interest	(600		)	(186		)	(1,393		)	(430		)
	$	11,229		$	11,584		$	33,988		$	34,537