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

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Scheduled Maturities of Debt, Including Scheduled Principal Amortization

At June 30, 2019, 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
July 1 through December 31, 2019	$	—		$	14,675	$	14,675
2020	61,163			28,537		89,700
2021	11,012			28,334		39,346
2022	84,502		(a)	28,925		113,427
2023	84,225			29,315		113,540
2024	66,640			27,894		94,534
Thereafter	474,181			115,902		590,083
Principal amount	$	781,723		$	273,582	1,055,305
Unamortized deferred debt costs						10,001
Net						$	1,045,304

(a) Includes $48.0 million outstanding under the revolving credit facility.

Interest Expense and Amortization of Deferred Debt Costs

Interest expense, net and amortization of deferred debt costs for the three and six months ended June 30, 2019 and 2018, were as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2019			2018			2019			2018
Interest incurred	$	12,988		$	12,302		$	25,868		$	24,503
Amortization of deferred debt costs	375			377			760			847
Capitalized interest	(2,522		)	(1,442		)	(4,668		)	(2,586		)
Interest expense	10,841			11,237			21,960			22,764
Less: Interest income	48			69			100			170
Interest expense, net and amortization of deferred debt costs	$	10,793		$	11,168		$	21,860		$	22,594