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

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Scheduled Maturities of Debt, Including Scheduled Principal Amortization

At March 31, 2020, 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
April 1 through December 31, 2020	$	—		$	21,134	$	21,134
2021	11,012			29,025		40,037
2022	161,002		(a)	29,645		190,647
2023	84,225			30,065		114,290
2024	66,653			28,703		95,356
2025	20,363			26,291		46,654
Thereafter	520,796			99,518		620,314
Principal amount	$	864,051		$	264,381	1,128,432
Unamortized deferred debt costs						9,356
Net						$	1,119,076

(a) Includes $124.5 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 months ended March 31, 2020 and 2019, were as follows:

	Three Months Ended March 31,
(In thousands)	2020			2019
Interest incurred	$	13,019		$	12,881
Amortization of deferred debt costs	373			384
Capitalized interest	(3,768		)	(2,146		)
Interest expense	9,624			11,119
Less: Interest income	30			52
Interest expense, net and amortization of deferred debt costs	$	9,594		$	11,067